Byggmax Group AB (SE:BMAX)
:BMAX
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Byggmax Group AB
(BMAX)
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Rating:61Neutral
Price Target:
kr66.00
▲(20.00% Upside)
Action:ReiteratedDate:02/01/26
The score is driven by solid cash-flow resilience and supportive technical momentum (price above key moving averages with positive MACD). Offsetting this are weaker multi-year operating fundamentals (contracting revenue and compressed margins) and only neutral valuation support (mid P/E and modest dividend yield).
Positive Factors
Cash generation
Sustained operating and free cash flow across the cycle is a durable strength: it funds working capital, capex and debt service without relying on equity raises. Strong cash conversion supports strategic investments and cushions the business through cyclical downturns over 2–6 months and beyond.
Negative Factors
Multi-year revenue decline
Persistent revenue contraction and materially compressed margins reduce operating scale and pricing leverage. Over the medium term this weakens competitive position, limits ability to absorb cost inflation, and constrains room to rebuild margins without structural changes to product mix or distribution.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation
Sustained operating and free cash flow across the cycle is a durable strength: it funds working capital, capex and debt service without relying on equity raises. Strong cash conversion supports strategic investments and cushions the business through cyclical downturns over 2–6 months and beyond.
Read all positive factors
Byggmax Group AB (BMAX) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr3.29B
Dividend Yield1.4%
Average Volume (3M)164.06K
Price to Earnings (P/E)16.9
Beta (1Y)0.82
Revenue Growth4.04%
EPS Growth433.33%
CountrySE
Employees1,081
SectorConsumer Cyclical
Sector Strength84
IndustryConstruction
Share Statistics
EPS (TTM)-0.85
Shares Outstanding58,625,046
10 Day Avg. Volume111,022
30 Day Avg. Volume164,062
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)1.28
Price to Sales (P/S)0.52
P/FCF Ratio4.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)4.46
Revenue Forecast (FY)kr6.42B
Byggmax Group AB Business Overview & Revenue Model
Company Description
Byggmax Group AB (publ) sells building materials and related products for DIY projects in Sweden, Norway, and internationally. The company offers timber, board materials, garden products, tools, paint, and other products. As of December 31, 2021, ...
How the Company Makes Money
Byggmax generates revenue primarily through the sale of building materials and home improvement products in its physical stores and online. The company operates a cost-efficient retail model that emphasizes low prices and high turnover of inventor...
Byggmax Group AB Financial Statement Overview
Summary
Income Statement
42
Neutral
Balance Sheet
52
Neutral
Cash Flow
70
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 6.13B | 5.99B | 6.11B | 7.26B | 7.64B |
| Gross Profit | 273.00M | 2.08B | 132.00M | 2.46B | 2.61B |
| EBITDA | 966.00M | 857.00M | 780.00M | 1.07B | 1.36B |
| Net Income | 191.00M | 67.00M | 26.00M | 313.00M | 621.00M |
Balance Sheet | |||||
| Total Assets | 5.46B | 5.91B | 6.17B | 6.51B | 6.07B |
| Cash, Cash Equivalents and Short-Term Investments | 11.00M | 11.00M | 10.00M | 19.00M | 43.00M |
| Total Debt | 3.26B | 2.48B | 2.74B | 2.87B | 2.19B |
| Total Liabilities | 2.95B | 3.50B | 3.80B | 4.15B | 3.82B |
| Stockholders Equity | 2.52B | 2.40B | 2.36B | 2.36B | 2.25B |
Cash Flow | |||||
| Free Cash Flow | 752.00M | 780.00M | 635.00M | 281.00M | 585.00M |
| Operating Cash Flow | 809.00M | 860.00M | 781.00M | 536.00M | 814.00M |
| Investing Cash Flow | -79.00M | -77.00M | -153.00M | -308.00M | -466.00M |
| Financing Cash Flow | -731.00M | -783.00M | -654.00M | -253.00M | -375.00M |
Byggmax Group AB Technical Analysis
Positive
55.00
Price Trends
58.54
Negative
55.58
Positive
55.60
Positive
Market Momentum
-1.31
Negative
49.89
Neutral
73.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BMAX, the sentiment is Positive. The current price of 55 is below the 20-day moving average (MA) of 55.34, below the 50-day MA of 58.54, and below the 200-day MA of 55.60, indicating a neutral trend. The MACD of -1.31 indicates Negative momentum. The RSI at 49.89 is Neutral, neither overbought nor oversold. The STOCH value of 73.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:BMAX.
Byggmax Group AB Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | kr7.44B | 12.87 | 25.41% | 2.02% | 6.44% | 0.49% | |
66 Neutral | kr9.17B | 18.51 | 9.42% | 3.37% | 3.41% | -1.70% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | kr3.29B | 16.85 | 7.24% | 1.40% | 4.04% | 433.33% | |
58 Neutral | kr15.50B | 34.37 | 11.96% | 1.55% | 2.11% | 13.90% | |
57 Neutral | kr12.37B | 21.04 | 7.36% | 2.61% | -1.96% | -19.69% | |
44 Neutral | kr356.84M | -11.13 | -4.80% | ― | -0.80% | -442.39% |
* Consumer Cyclical Sector Average
SE:BMAX
Byggmax Group AB
55.60
10.04
22.05%
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Byggmax Group AB Corporate Events
Byggmax Highlights Low-Price DIY Strategy in 2025 Annual and Sustainability Report
Mar 31, 2026
Byggmax Group AB’s Annual and Sustainability Report 2025 emphasizes the company’s strategy of offering quality home improvement products at market-leading low prices so that more customers can realize their home and garden ideas. The r...
Byggmax Calls 2026 AGM and Proposes Dividend, Governance Resolutions
Mar 31, 2026
Byggmax Group AB has called its 2026 Annual General Meeting for May 7 in Stockholm, setting the formal governance agenda for shareholders, including board elections, auditor appointments and approval of executive remuneration. The Nomination Commi...
Byggmax Boosts Profitability, Cuts Debt and Proposes Higher Dividend for 2025
Jan 30, 2026
Byggmax Group reported modest full-year 2025 sales growth of 2.5% to SEK 6.1 billion and a like-for-like sales increase of 3.4%, while significantly strengthening profitability, with the EBITA margin rising to 5.9% from 3.9% and earnings per share...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.