Bravida Holding AB (BRAV) AI Stock Analysis

• Market Cap: kr17.99B
• Dividend Yield: 4.22%
• Average Volume (3M): 147.21K
• Price to Earnings (P/E): 15.5
• Beta (1Y): 0.86
• Revenue Growth: -4.21%
• EPS Growth: 10.63%
• Country: SE
• Employees: 14,000
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 1.19
• Shares Outstanding: 204,578,280
• 10 Day Avg. Volume: 194,760
• 30 Day Avg. Volume: 147,213
• PEG Ratio: -1.10
• Price to Book (P/B): 1.86
• Price to Sales (P/S): 0.55
• P/FCF Ratio: 8.88
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: kr96.00 ▲(8.60% Upside)

Bravida Holding AB's overall stock score is primarily influenced by its mixed financial performance and bearish technical indicators. The significant revenue decline and cash flow challenges weigh heavily on the score. However, the stock's valuation is reasonable, with a moderate P/E ratio and an attractive dividend yield, providing some support to the overall score.

Positive Factors

Diversified revenue mix and local scale

A two-pronged model—project installations plus recurring service and maintenance—provides durable revenue diversification. The local Nordic branch network helps win many small service jobs and large multisite engagements, supporting steadier cash flow and cross-sell over time.

Solid balance sheet metrics

Moderate leverage (D/E 0.41) and a healthy ROE indicate prudent capital structure and effective use of equity. A balanced equity ratio provides financial flexibility for project-backed working capital and selective M&A, reducing refinancing risk across business cycles.

Stable gross and operating margins

Consistent gross and operating margins point to operational discipline in project delivery and service execution. Sustained margins support reinvestment in capabilities, absorb cost variability, and underpin long-term profitability even if top-line growth is uneven.

Negative Factors

Severe revenue decline

A nearly 50% revenue drop is structurally significant: it undermines scale economics, reduces utilization of technical teams, and can erode backlog and pricing leverage. Absent a clear recovery in contract wins, this weakens long-term growth prospects and earnings visibility.

Weak cash conversion

Declining free cash flow growth and very low operating-cash-to-net-income conversion signal structural cash generation issues. Persistent weak cash conversion limits ability to fund capex, service debt, or sustain dividends without tapping liquidity or increasing leverage.

Modest net profit margin

A sub-4% net margin provides a thin buffer against cost inflation, project overruns, or contract disputes. Low bottom-line profitability constrains retained earnings for reinvestment and makes the business more sensitive to cyclical pressures and margin compression in large projects.

Bravida Holding AB Business Overview & Revenue Model

Company Description

Bravida Holding AB (publ) provides technical services and installations for buildings and industrial facilities in Sweden, Norway, Denmark, and Finland. The company offers installation and refurbishment of technical systems in properties, facilities, and infrastructure; and operation and maintenance services, as well as undertakes minor refurbishment works. It also provides installation services for electrical, heating and plumbing, and technical solutions, as well as heating, ventilation, and air conditioning systems in buildings and facilities; and installs and services cooling and power facilities, and solar panels. In addition, it provides telecom and other low-voltage installations; fire and intruder alarm products and systems; access control systems; CCTV; and integrated security systems, as well as electric-car charging; energy optimization; and GreenHub fossil-free transport services. Further, the company offers technical management of properties and facilities services. It serves property owners, professional tenants, and industrial companies. The company was founded in 1922 and is headquartered in Stockholm, Sweden.

How the Company Makes Money

Bravida generates revenue primarily through its core services in technical installations and maintenance. The company earns income by providing project-based services for new construction, renovation, and ongoing maintenance contracts. Key revenue streams include installation services for HVAC, electrical systems, and plumbing, as well as service agreements for long-term maintenance. Additionally, Bravida benefits from public and private sector contracts, which contribute a significant portion of its earnings. Strategic partnerships with construction firms and energy companies further enhance its market reach and revenue potential.

Bravida Holding AB Financial Statement Overview

Summary

Bravida Holding AB exhibits a mixed financial performance. The income statement shows profitability but is overshadowed by a significant revenue decline. The balance sheet is stable with moderate leverage and healthy ROE, but rising debt levels warrant attention. Cash flow analysis highlights challenges in cash generation, with a notable decline in free cash flow growth. The company needs to address revenue and cash flow issues to strengthen its financial position.

Income Statement

Bravida Holding AB's income statement shows a mixed performance. The TTM (Trailing-Twelve-Months) gross profit margin is stable at 14.93%, but there is a concerning revenue decline of 49.7% compared to the previous period. Net profit margin is modest at 3.90%, indicating profitability but with room for improvement. EBIT and EBITDA margins are relatively stable, suggesting operational efficiency. However, the significant drop in revenue growth is a major concern.

Balance Sheet

The balance sheet of Bravida Holding AB reflects a solid financial structure with a debt-to-equity ratio of 0.41, indicating moderate leverage. The return on equity (ROE) is healthy at 12.99%, showing effective use of equity to generate profits. The equity ratio stands at 36.13%, suggesting a balanced asset financing structure. Overall, the balance sheet is stable, but there is a slight increase in debt levels that needs monitoring.

Cash Flow

Cash flow analysis reveals challenges with a 23.42% decline in free cash flow growth, indicating potential cash generation issues. The operating cash flow to net income ratio is low at 0.10, suggesting limited cash conversion from earnings. However, the free cash flow to net income ratio is strong at 0.96, indicating efficient cash management relative to net income. Overall, cash flow stability is a concern due to declining free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	28.40B	29.65B	29.42B	26.30B	21.88B	21.15B
Gross Profit	4.32B	4.29B	4.40B	3.97B	3.30B	3.05B
EBITDA	2.13B	2.18B	2.37B	2.17B	1.95B	1.78B
Net Income	1.16B	1.06B	1.23B	1.27B	1.15B	1.00B
Balance Sheet
Total Assets	24.05B	23.87B	24.33B	22.47B	19.52B	17.05B
Cash, Cash Equivalents and Short-Term Investments	616.00M	909.00M	1.05B	1.31B	1.59B	1.75B
Total Debt	4.09B	3.25B	3.24B	2.61B	2.60B	2.87B
Total Liabilities	15.35B	15.04B	16.07B	14.54B	12.68B	11.18B
Stockholders Equity	8.69B	8.80B	8.23B	7.89B	6.82B	5.86B
Cash Flow
Free Cash Flow	994.00M	1.84B	1.30B	1.45B	1.35B	2.14B
Operating Cash Flow	1.05B	1.90B	1.42B	1.59B	1.44B	2.17B
Investing Cash Flow	-431.00M	-593.00M	-618.00M	-817.00M	-509.00M	-316.00M
Financing Cash Flow	-1.18B	-1.41B	-999.00M	-1.08B	-1.15B	-990.00M

Bravida Holding AB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 88.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BRAV, the sentiment is Neutral. The current price of 88.4 is below the 20-day moving average (MA) of 89.84, above the 50-day MA of 86.30, and below the 200-day MA of 89.44, indicating a neutral trend. The MACD of 0.53 indicates Positive momentum. The RSI at 46.86 is Neutral, neither overbought nor oversold. The STOCH value of 13.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:BRAV.

Bravida Holding AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NCC.B	75 Outperform	kr20.32B	14.08	20.30%	4.17%	5.68%	27.52%
PEAB.B	70 Outperform	kr26.25B	15.56	10.55%	3.26%	-4.93%	10.91%
AFRY	69 Neutral	$15.90B	17.24	6.97%	4.09%	-3.73%	-22.34%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
BRAV	62 Neutral	kr17.99B	15.49	―	4.22%	-4.21%	10.63%
INSTAL	59 Neutral	kr6.86B	26.56	8.12%	2.67%	-3.68%	-48.79%

Bravida Holding AB Corporate Events

Bravida to Present Q4 2025 Interim Report on 18 February 2026

Bravida Holding AB will publish its interim report for the fourth quarter of 2025 at 07:30 CET on 18 February 2026, followed by a presentation at 09:30 CET led by CEO Mattias Johansson and CFO Petra Vranjes, which will be held in English and accessible via webcast and telephone conference with a Q&A session. The company is providing multiple digital channels and making both the report and presentation materials available online, underlining its continued emphasis on transparent financial communication and engagement with investors and other stakeholders.

The most recent analyst rating on (SE:BRAV) stock is a Hold with a SEK96.00 price target. To see the full list of analyst forecasts on Bravida Holding AB stock, see the SE:BRAV Stock Forecast page.