Boliden AB (BOL) AI Stock Analysis

• Market Cap: kr84.05B
• Dividend Yield: 2.53%
• Average Volume (3M): 1.33M
• Price to Earnings (P/E): 7.3
• Beta (1Y): 1.35
• Revenue Growth: 19.17%
• EPS Growth: 136.96%
• Country: SE
• Employees: 7,500
• Sector: Basic Materials
• Sector Strength: 62
• Industry: Industrial Materials
• EPS (TTM): 10.95
• Shares Outstanding: 284,225,460
• 10 Day Avg. Volume: 1,095,564
• 30 Day Avg. Volume: 1,334,084
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: kr315.67
• Price Target Upside: 5.05% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 12

Boliden AB exhibits strong financial fundamentals with solid revenue growth, profitability, and a robust balance sheet. However, technical indicators show some short-term weaknesses and potential overbought conditions. The stock's valuation is attractive with a low P/E ratio, though the absence of a dividend is a downside for some investors. Overall, Boliden AB is a stable company with potential growth, but caution is advised in the short term due to technical signals.

Boliden AB Business Overview & Revenue Model

Company Description

Boliden AB is a Swedish mining and smelting company that operates in the metals and mining industry. It is primarily engaged in the exploration, extraction, and processing of base metals such as zinc, copper, lead, and precious metals like gold and silver. The company is structured into two main business areas: Mines and Smelters. Boliden's Mines segment focuses on the production of metal concentrates through mining operations, while the Smelters segment processes these concentrates into refined metals ready for the market. With a strong presence in Europe, Boliden is recognized for its commitment to sustainable mining practices and technological innovation.

How the Company Makes Money

Boliden AB generates revenue through its two main business segments: Mines and Smelters. The Mines segment contributes to revenue by extracting and selling metal concentrates, primarily zinc, copper, and lead, along with gold and silver as by-products. These concentrates are either sold directly to third parties or used internally by Boliden’s Smelters segment. The Smelters segment adds value by refining metal concentrates into high-purity metals, which are then sold to various industries, including construction, automotive, and electronics. Boliden also benefits from strategic partnerships and supply agreements that ensure a stable demand for its products. Additionally, the company focuses on cost efficiency and operational excellence to enhance profitability while maintaining a strong emphasis on sustainability and reducing environmental impact.

Boliden AB Financial Statement Overview

Summary

Overall, Boliden AB is performing well across key financial metrics with strong revenue growth, profitability, and a solid balance sheet. The company's low leverage and efficient operations are strengths, while the declining free cash flow and slight EBIT margin pressure are areas to watch. Boliden AB is well-positioned within the mining industry, maintaining financial stability and operational efficiency.

Income Statement

Boliden AB has demonstrated solid financial performance with consistent revenue growth, reflected in a 3% TTM revenue increase. The company maintains healthy profitability, with a TTM gross profit margin of 15.73% and a net profit margin of 12.06%. The EBIT and EBITDA margins at 13.82% and 24.28% respectively highlight strong operational efficiency. However, a slight decline in EBIT from the previous year indicates potential cost pressures.

Balance Sheet

The balance sheet shows a robust equity base with a debt-to-equity ratio of 0.24, indicating low leverage and financial stability. The equity ratio remains strong at 57.91%, providing a solid buffer against liabilities. Return on equity is commendable at 16.14%, reflecting effective use of shareholders' investments. However, a decrease in equity ratio from the previous year suggests a slight increase in liabilities relative to assets.

Cash Flow

Boliden AB exhibits a stable cash flow position with an operating cash flow to net income ratio of 1.51, indicating efficient cash generation from operations. The free cash flow to net income ratio is 0.21, reflecting moderate reinvestment into the business. A notable challenge is the declining free cash flow, which decreased by 14% in the TTM period, potentially impacting future investment capacity.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
89.21B	78.55B	86.44B	68.64B	56.32B
	Gross Profit
12.90B	10.74B	18.15B	12.93B	10.80B
	EBIT
13.69B	8.29B	15.89B	11.08B	8.94B
	EBITDA
20.58B	14.57B	22.07B	16.27B	14.62B
	Net Income Common Stockholders
10.02B	6.07B	12.41B	8.70B	6.80B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
7.05B	4.98B	12.16B	8.25B	5.06B
	Total Assets
116.19B	101.96B	96.38B	80.55B	72.49B
	Total Debt
16.51B	14.58B	11.19B	6.16B	6.15B
	Net Debt
9.46B	9.60B	-967.00M	-2.09B	1.09B
	Total Liabilities
51.18B	45.54B	38.05B	29.67B	26.85B
	Stockholders Equity
64.99B	56.40B	58.31B	50.87B	45.63B
Cash Flow		Free Cash Flow
2.67B	-3.35B	6.37B	7.16B	4.96B
	Operating Cash Flow
17.66B	12.18B	16.40B	13.14B	11.26B
	Investing Cash Flow
-15.00B	-15.54B	-10.07B	-6.00B	-6.30B
	Financing Cash Flow
-590.00M	-3.83B	-2.42B	-3.96B	-1.27B

Boliden AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 300.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BOL, the sentiment is Positive. The current price of 300.5 is above the 20-day moving average (MA) of 290.60, below the 50-day MA of 326.62, and below the 200-day MA of 327.32, indicating a neutral trend. The MACD of -5.92 indicates Negative momentum. The RSI at 47.15 is Neutral, neither overbought nor oversold. The STOCH value of 47.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:BOL.

Boliden AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BOL	69 Neutral	kr84.05B	7.31	17.43%	2.53%	19.17%	136.96%
SSAB.A	69 Neutral	kr61.40B	12.27	7.27%	4.22%	-11.28%	-56.26%
BILL	67 Neutral	kr24.95B	13.77	6.58%	1.89%	9.83%	1070.42%
Sector *	49 Neutral	$1.96B	-1.17	-21.28%	3.71%	1.14%	-30.35%
VISC	45 Neutral	kr2.50B	―	-3.81%	―	―	-39.55%
NIO	42 Neutral	kr366.74M	―	-7.42%	―	―	12.12%

Boliden AB Corporate Events

Boliden AB Enhances Green Finance Framework to Boost Climate Ambitions

Boliden AB has updated its Green Finance Framework to enhance its climate ambitions and support green investment projects. The updated framework incorporates the International Capital Market Association’s Green Bond Principles, focusing on energy efficiency, pollution prevention, waste management, and renewable energy production, with Swedbank as the Sustainability Coordinator and S&P Global providing a ‘Medium Green’ assessment.