Bong AB (BONG) AI Stock Analysis

• Market Cap: kr147.42M
• Dividend Yield: N/A
• Average Volume (3M): 145.07K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.36
• Revenue Growth: -6.28%
• EPS Growth: -6.63%
• Country: SE
• Employees: 973
• Sector: Consumer Cyclical
• Sector Strength: 69
• Industry: Packaging & Containers
• EPS (TTM): N/A
• Shares Outstanding: 211,205,060
• 10 Day Avg. Volume: 237,453
• 30 Day Avg. Volume: 145,069
• PEG Ratio: 1.71
• Price to Book (P/B): 0.27
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -22.21
• 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: kr0.45
• Price Target Upside: -36.13% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 49 Neutral
• Price Target: kr0.50 ▼(-28.57%Downside)

Bong AB's overall stock score reflects its financial difficulties with declining revenues and high leverage, balanced against a neutral technical outlook. The negative valuation metrics further weigh on the score, indicating the need for significant improvements in profitability and financial health.

Bong AB Business Overview & Revenue Model

Company Description

Bong AB (publ) manufactures and sells specialty packaging and envelope products. It provides solutions for distribution and packaging of information, advertising materials, and lightweight goods. The company offers envelopes, carrier bags for the retail trade, and packaging products for e-commerce. It also provides light packaging products; and solutions for distribution and packaging of information, advertising materials, and lightweight goods. The company has operations in Germany, Poland, Belgium, Romania, Switzerland, France, Italy, Spain, Sweden, Norway, Denmark, Finland, the United Kingdom, and Tunisia. Bong AB (publ) was founded in 1737 and is headquartered in Kristianstad, Sweden.

How the Company Makes Money

Bong AB generates revenue through the sale of its envelope and packaging products. The company's key revenue streams include direct sales to businesses across various industries, as well as partnerships with distributors and retailers. Bong AB offers both standard and customized packaging solutions, allowing it to cater to specific client needs and build long-term relationships. The company's earnings are influenced by factors such as raw material costs, production efficiency, and its ability to innovate in response to market trends and consumer demands.

Bong AB Financial Statement Overview

Summary

Bong AB is facing financial difficulties with declining revenues and profitability, high leverage, and cash flow challenges. The company shows some operational resilience through its EBITDA margin, but needs to improve its cost structure and revenue growth to enhance financial stability.

Income Statement

Bong AB's income statement reveals a challenging period with declining revenues and profitability. The TTM revenue shows a decrease from previous years, indicating a negative growth trajectory. Gross and net profit margins are under pressure, with the latter being negative, indicating operational inefficiencies and potential cost management issues. Despite this, the company has managed to maintain a positive EBITDA margin, showcasing some resilience in its cash-generating operations.

Balance Sheet

The balance sheet depicts a moderately leveraged position with a stable equity base. The debt-to-equity ratio is relatively high, suggesting a reliance on debt financing, but the company maintains a reasonable equity ratio, indicating some balance in asset financing. However, the negative return on equity reflects ongoing profitability challenges. Overall, the balance sheet remains stable, but the high leverage could pose risks if profitability does not improve.

Cash Flow

Bong AB's cash flow analysis highlights concerns with negative free cash flow and declining operating cash flow. The operating cash flow to net income ratio suggests some ability to generate cash despite net losses, but the negative free cash flow indicates challenges in capital expenditure management. The cash flow trends require improvement to support future growth and reduce financial strain.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.91B	2.09B	2.16B	1.80B	1.84B
Gross Profit	310.90M	327.50M	384.78M	305.65M	314.92M
EBITDA	119.10M	135.00M	162.35M	108.40M	92.75M
Net Income	-12.00M	-4.72M	44.12M	2.82M	-65.60M
Balance Sheet
Total Assets	1.57B	1.57B	1.69B	1.44B	1.39B
Cash, Cash Equivalents and Short-Term Investments	102.70M	129.40M	144.63M	135.19M	110.04M
Total Debt	397.40M	380.08M	276.66M	361.03M	345.94M
Total Liabilities	994.80M	1.02B	1.11B	1.00B	981.64M
Stockholders Equity	573.60M	554.97M	574.75M	442.01M	412.27M
Cash Flow
Free Cash Flow	24.50M	53.56M	59.69M	45.15M	11.19M
Operating Cash Flow	70.60M	82.89M	111.28M	66.70M	34.20M
Investing Cash Flow	-32.30M	-19.67M	-38.87M	-7.01M	-3.29M
Financing Cash Flow	-67.50M	-80.49M	-72.88M	-37.41M	-15.27M

Bong AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.70
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BONG, the sentiment is Negative. The current price of 0.7 is below the 20-day moving average (MA) of 0.71, below the 50-day MA of 0.71, and below the 200-day MA of 0.76, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 46.11 is Neutral, neither overbought nor oversold. The STOCH value of 35.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:BONG.

Bong AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BBROOM	58 Neutral	kr80.84M	―		―	―	―
Sector *	57 Neutral	HK$25.53B	4.08	-2.03%	6.11%	-0.31%	-67.64%
USWE	51 Neutral	kr96.34M	―	-22.28%	―	10.93%	67.49%
BONG	49 Neutral	kr147.42M	―	-2.25%	―	-6.28%	-6.63%
ACROUD	48 Neutral	kr202.29M	―	-77.60%	―	-2.26%	82.09%
THUNDR	44 Neutral	kr42.17M	―		―	-88.95%	25.81%
DSNO	43 Neutral	kr117.82M	―	-193.46%	―	-11.18%	96.64%

Bong AB Corporate Events

Bong AB Reports Decline in H1 2025 Financial Performance

Bong AB’s interim report for January to June 2025 shows a decline in financial performance, with net sales decreasing to SEK 907 million from SEK 964 million in the same period last year. Operating profit also fell to SEK 9 million from SEK 29 million, and earnings after tax were reported at SEK -17 million, down from SEK -2 million. Despite these declines, cash flow from operating activities improved to SEK 47 million from SEK 40 million, indicating some operational resilience amidst challenging market conditions.

Bong AB’s Annual General Meeting Decisions and Future Plans

Bong AB held its annual general meeting on May 14, 2025, in Stockholm, where several key resolutions were passed. The meeting approved the annual accounts, decided against paying dividends, and re-elected board members with Per Åhlgren as chairperson. Additionally, the board was authorized to issue shares, warrants, and convertibles, potentially impacting the company’s capital structure and market strategy.

Bong AB Reports Decline in Q1 2025 Financial Performance

Bong AB’s interim report for Q1 2025 indicates a decline in financial performance, with net sales dropping to SEK 488 million from SEK 508 million in the same period last year. Operating profit before depreciation decreased to SEK 32 million, and cash flow from operating activities fell significantly to SEK 22 million. These results reflect challenges in maintaining profitability and cash flow, which may impact the company’s operations and market positioning.