Boliden AB (BOL) AI Stock Analysis

• Market Cap: kr89.62B
• Dividend Yield: N/A
• Average Volume (3M): 912.96K
• Price to Earnings (P/E): 10.8
• Beta (1Y): 1.39
• Revenue Growth: 12.29%
• EPS Growth: 3.23%
• Country: SE
• Employees: 7,500
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 2.02
• Shares Outstanding: 284,225,460
• 10 Day Avg. Volume: 754,354
• 30 Day Avg. Volume: 912,964
• PEG Ratio: 0.13
• Price to Book (P/B): 1.31
• Price to Sales (P/S): 0.95
• P/FCF Ratio: 31.79
• 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: kr316.58
• Price Target Upside: 0.41% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 12

• Rating: 69 Neutral
• Price Target: kr336.00 ▲(6.57% Upside)

Boliden AB's overall stock score is driven by its stable financial performance and attractive valuation. The company's strong profitability margins and solid balance sheet are key strengths, although the decline in revenue growth is a concern. Technical indicators suggest a neutral market sentiment, with no significant bullish or bearish signals. The low P/E ratio indicates potential undervaluation, enhancing the stock's attractiveness.

Boliden AB Business Overview & Revenue Model

Company Description

Boliden AB (BOL) is a Swedish mining and smelting company that specializes in the extraction and processing of base metals, primarily copper, zinc, lead, gold, and silver. The company operates in two main sectors: mining and smelting. Boliden owns and operates several mines in Sweden, Finland, and Ireland, alongside smelters that process the mined ores into refined metals. A commitment to sustainability and innovation underpins its operations, as Boliden aims to minimize environmental impact while maximizing resource efficiency.

How the Company Makes Money

Boliden generates revenue primarily through the sale of base metals extracted from its mining operations and processed at its smelting facilities. Key revenue streams include the sales of copper, zinc, lead, gold, and silver, which are traded in global commodities markets. Additionally, Boliden benefits from long-term contracts with industrial customers and spot market sales, which provide stability and flexibility in pricing. The company's efficiency in production and strategic investments in technology also enhance profit margins. Factors contributing to Boliden's earnings include commodity price fluctuations, operational efficiency, and the demand for metals in various industries such as construction, automotive, and electronics.

Boliden AB Financial Statement Overview

Summary

Boliden AB shows solid financial performance with consistent revenue growth and strong profitability metrics. The balance sheet is robust with low leverage, but there are concerns over declining free cash flow and slight EBIT margin pressures.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	91.39B	89.21B	78.55B	86.44B	68.64B	56.32B
Gross Profit	13.05B	12.90B	10.74B	18.15B	12.93B	10.80B
EBITDA	19.25B	20.58B	14.57B	22.07B	16.27B	14.62B
Net Income	8.04B	10.02B	6.07B	12.41B	8.70B	6.80B
Balance Sheet
Total Assets	136.21B	116.19B	101.96B	96.38B	80.55B	72.49B
Cash, Cash Equivalents and Short-Term Investments	7.60B	7.05B	4.98B	12.16B	8.25B	5.06B
Total Debt	27.38B	16.51B	14.58B	11.19B	6.16B	6.15B
Total Liabilities	65.59B	51.18B	45.54B	38.05B	29.67B	26.85B
Stockholders Equity	70.59B	64.99B	56.40B	58.31B	50.87B	45.63B
Cash Flow
Free Cash Flow	3.94B	2.67B	-3.35B	6.37B	7.16B	4.96B
Operating Cash Flow	18.82B	17.66B	12.18B	16.40B	13.14B	11.26B
Investing Cash Flow	-29.27B	-15.00B	-15.54B	-10.07B	-6.00B	-6.30B
Financing Cash Flow	11.00B	-590.00M	-3.83B	-2.42B	-3.96B	-1.27B

Boliden AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 315.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 315.3 is above the 20-day moving average (MA) of 310.11, above the 50-day MA of 303.52, and below the 200-day MA of 323.99, indicating a neutral trend. The MACD of 2.99 indicates Negative momentum. The RSI at 60.18 is Neutral, neither overbought nor oversold. The STOCH value of 88.21 is Negative, 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	kr89.62B	10.76	12.34%	―	12.29%	3.23%
BOTX	57 Neutral	kr524.35M	9.70		―	―	―
VISC	45 Neutral	€1.68B	―	-3.81%	―	―	-38.13%
Sector *	44 Neutral	AU$1.54B	-7.19	-27.94%	4.41%	-2.95%	-36.41%
NIO	42 Neutral	€305.62M	―	-8.92%	―	―	12.65%

Boliden AB Corporate Events

Boliden Strengthens European Base Metals Position with New Acquisitions

Boliden AB has successfully integrated new mines, Somincor and Zinkgruvan, into its operations, enhancing its position in the European base metals market. Despite challenging market conditions, including a weaker USD and extensive maintenance, Boliden reports stable production and strong cash flow. The company is optimistic about the value creation potential from its recent acquisitions and ongoing investments in smelter projects, while also addressing production challenges at Aitik and Garpenberg.

The most recent analyst rating on (SE:BOL) stock is a Sell with a SEK300.00 price target. To see the full list of analyst forecasts on Boliden AB stock, see the SE:BOL Stock Forecast page.

Boliden to Host World’s Deepest Marathon in Garpenberg Mine

Boliden AB, in collaboration with ICMM and BecomingX, will host the world’s deepest marathon in the Garpenberg zinc mine on October 25, aiming to raise $1 million for charity. The event will feature 60 experienced runners from 15 countries and aims to set two Guinness World Records, highlighting the technological advancements and sustainability focus of the mining industry.

The most recent analyst rating on (SE:BOL) stock is a Sell with a SEK320.00 price target. To see the full list of analyst forecasts on Boliden AB stock, see the SE:BOL Stock Forecast page.

Boliden AB to Release Q2 2025 Interim Report

Boliden AB announced it will release its Q2 2025 interim report on July 18, 2025, followed by a press and analyst conference. This event will be led by the company’s President and CEO, Mikael Staffas, and CFO, Håkan Gabrielsson, providing stakeholders with insights into the company’s financial performance and strategic direction.

The most recent analyst rating on (SE:BOL) stock is a Sell with a SEK300.00 price target. To see the full list of analyst forecasts on Boliden AB stock, see the SE:BOL Stock Forecast page.

Boliden AB Publishes 2024 Government Payments Report

Boliden AB has released its 2024 report on payments to government agencies in Sweden, Finland, and Ireland, as required by Swedish law. This report, which pertains to the company’s extractive industry operations, highlights Boliden’s compliance with legal obligations and reflects its commitment to transparency in its financial dealings with government entities.

The most recent analyst rating on (SE:BOL) stock is a Sell with a SEK300.00 price target. To see the full list of analyst forecasts on Boliden AB stock, see the SE:BOL Stock Forecast page.

Boliden Secures EUR 700 Million Loan for Strategic Mine Acquisitions

Boliden AB has secured a EUR 700 million Sustainability Linked Term Loan to finance its acquisition of the Somincor copper and zinc mine in Portugal and the Zinkgruvan zinc mine in Sweden. This financing, supported by several major banks, marks the completion of the acquisition’s financial arrangements, including the repayment of a bridge loan and the exclusion of dividends for 2025, as approved by shareholders.

The most recent analyst rating on (SE:BOL) stock is a Sell with a SEK300.00 price target. To see the full list of analyst forecasts on Boliden AB stock, see the SE:BOL Stock Forecast page.