Bonava AB Class A (BONAV.A) AI Stock Analysis

• Market Cap: kr3.85B
• Dividend Yield: N/A
• Average Volume (3M): 2.15K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.57
• Revenue Growth: -31.01%
• EPS Growth: 82.41%
• Country: SE
• Employees: 890
• Sector: Real Estate
• Sector Strength: 54
• Industry: Residential Construction
• EPS (TTM): 0.07
• Shares Outstanding: 29,532,000
• 10 Day Avg. Volume: 1,207
• 30 Day Avg. Volume: 2,150
• PEG Ratio: 0.05
• Price to Book (P/B): 0.31
• Price to Sales (P/S): 0.27
• P/FCF Ratio: 3.93
• 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: kr10.95
• Price Target Upside: -9.12% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: kr11.00 ▼(-8.71% Downside)

The overall stock score is primarily impacted by significant financial challenges, including declining revenues and persistent losses. Technical analysis indicates bearish momentum, and the negative P/E ratio highlights valuation concerns. These factors collectively suggest a cautious outlook for Bonava AB.

Bonava AB Class A Business Overview & Revenue Model

Company Description

Bonava AB Class A (BONAV.A) is a leading residential development company based in Sweden. The company specializes in creating sustainable and affordable housing solutions, primarily focusing on the development and sale of residential properties. Bonava operates across several regions in Europe, including Sweden, Germany, Finland, Denmark, Norway, Russia, Estonia, Latvia, and Lithuania. Its core offerings include the development of single-family homes, multi-family apartments, and community planning projects, all designed to foster vibrant and sustainable living environments.

How the Company Makes Money

Bonava AB makes money primarily through the development and sale of residential properties. The company's revenue model is based on acquiring land, designing, and constructing housing projects, which are then sold to individual buyers or investors. Key revenue streams include the sale of single-family homes, multi-family apartments, and entire housing communities. Additionally, Bonava engages in partnerships with local municipalities and other stakeholders to develop large-scale community projects, which can provide additional revenue opportunities. The company's focus on sustainability and affordability often attracts buyers interested in eco-friendly and cost-effective housing solutions, further driving sales and revenue.

Bonava AB Class A Financial Statement Overview

Summary

Bonava AB faces significant financial challenges with declining revenues and persistent losses impacting profitability. Despite improvements in cash flow management, the overall financial position is strained by negative net income and fluctuating equity. The company's leverage is moderate, but sustained losses pose a risk to long-term stability and growth potential.

Income Statement

The income statement shows declining revenue with a drop from 2021 to the TTM period. Gross profit margins decreased to 7.8% in TTM from 12.2% in 2021. Net profit margin is negative, indicating losses, with a notable net income decline to -608M SEK in TTM. The EBIT margin also turned negative. Despite a brief positive EBIT margin in 2024, overall profitability is challenged.

Balance Sheet

The balance sheet reflects moderate stability with a debt-to-equity ratio of 0.61 in TTM, indicating manageable leverage. Stockholders' equity decreased over time, impacting the equity ratio, which is 41.4% in TTM. Return on equity remains negative due to persistent net losses, highlighting profitability struggles.

Cash Flow

Cash flow analysis reveals improvement in operating cash flow to 1,084M SEK in TTM, from negative in 2023, indicating better cash management. Free cash flow also turned positive. However, the free cash flow to net income ratio remains skewed due to negative net income, and volatility in cash flow trends suggests ongoing financial challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.85B	8.19B	13.27B	13.99B	14.75B	17.00B
Gross Profit	737.00M	680.00M	1.42B	1.69B	1.93B	1.98B
EBITDA	139.00M	179.00M	-468.00M	970.00M	1.21B	1.34B
Net Income	-436.00M	-518.00M	-1.34B	-303.00M	808.00M	733.00M
Balance Sheet
Total Assets	16.08B	17.25B	19.10B	25.58B	23.71B	22.87B
Cash, Cash Equivalents and Short-Term Investments	186.00M	593.00M	180.00M	119.00M	1.07B	1.39B
Total Debt	3.91B	4.31B	5.82B	7.13B	4.47B	4.72B
Total Liabilities	9.17B	10.06B	12.50B	17.59B	15.39B	14.95B
Stockholders Equity	6.90B	7.18B	6.60B	7.98B	8.32B	7.92B
Cash Flow
Free Cash Flow	622.00M	566.00M	-546.00M	-3.35B	619.00M	3.68B
Operating Cash Flow	622.00M	566.00M	-337.00M	-3.24B	719.00M	3.79B
Investing Cash Flow	50.00M	56.00M	1.05B	-104.00M	-88.00M	-128.00M
Financing Cash Flow	-1.80B	-237.00M	-833.00M	2.49B	-987.00M	-2.68B

Bonava AB Class A Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 12.05
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BONAV.A, the sentiment is Neutral. The current price of 12.05 is above the 20-day moving average (MA) of 12.00, below the 50-day MA of 12.22, and above the 200-day MA of 10.82, indicating a neutral trend. The MACD of -0.14 indicates Negative momentum. The RSI at 46.96 is Neutral, neither overbought nor oversold. The STOCH value of 69.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:BONAV.A.

Bonava AB Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TRIAN.B	63 Neutral	€3.50B	14.03	5.10%	―	5.55%	―
JM	62 Neutral	kr9.30B	37.06	3.12%	2.23%	-19.33%	-52.73%
Sector *	61 Neutral	kr18.18B	20.03	2.74%	2.59%	2.23%	228.27%
KFAST.B	54 Neutral	kr3.60B	98.49	-1.49%	―	44.40%	64.16%
BONAV.A	46 Neutral	kr3.85B	―		―	-31.01%	82.41%
SBB.B	41 Neutral	kr8.17B	―	-23.76%	22.16%	-30.32%	79.30%

Bonava AB Class A Corporate Events

Bonava AB Reports Stable Start to 2025 with Improved Margins

Bonava AB reported a stable start to 2025, with an increase in housing units sold and production starts, along with improved operating margins. Despite global uncertainties, the company is leveraging its strong, cost-efficient organization to maintain its market position and transition from consolidation.