Bulten AB (BULTEN) AI Stock Analysis

• Market Cap: €1.28B
• Dividend Yield: 4.52%
• Average Volume (3M): 45.42K
• Price to Earnings (P/E): 17.0
• Beta (1Y): 0.81
• Revenue Growth: -3.35%
• EPS Growth: -21.87%
• Country: SE
• Employees: 1,915
• Sector: Consumer Cyclical
• Sector Strength: 59
• Industry: Auto - Parts
• EPS (TTM): 3.57
• Shares Outstanding: 21,040,209
• 10 Day Avg. Volume: 51,593
• 30 Day Avg. Volume: 45,416
• PEG Ratio: -0.36
• Price to Book (P/B): 0.64
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 29.86
• 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: €77.98
• Price Target Upside: 28.69% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 67 Neutral
• Price Target: kr67.00 ▲(10.56%Upside)

Bulten AB's stock score is primarily driven by its financial performance, which shows strengths in gross margins but weaknesses in net profitability and cash flow volatility. The technical analysis reflects a neutral stance, lacking strong directional trends. Valuation is a positive factor with a fair P/E ratio and an attractive dividend yield. The absence of earnings call and corporate events data did not impact the score.

Bulten AB Business Overview & Revenue Model

Company Description

Bulten AB is a leading Swedish company specializing in the development, manufacturing, and distribution of fasteners for the automotive industry. Operating globally, Bulten delivers a wide range of high-quality fastener solutions that cater to the needs of automotive manufacturers and suppliers. The company prides itself on its commitment to innovation, sustainability, and providing value-added services that enhance the efficiency and effectiveness of its clients' production processes.

How the Company Makes Money

Bulten AB generates revenue primarily through the sale of fasteners and related solutions to automotive manufacturers and suppliers around the world. The company’s revenue model is based on long-term contracts and partnerships with major automotive OEMs (Original Equipment Manufacturers), ensuring a steady demand for its products. Bulten’s comprehensive product portfolio, which includes standard and customized fasteners, allows it to offer tailored solutions that meet the specific requirements of its clients. Additionally, Bulten invests in research and development to innovate and improve its product offerings, thereby maintaining a competitive edge in the market. The company also benefits from its global manufacturing and distribution network, which enables efficient delivery and cost-effective operations.

Bulten AB Financial Statement Overview

Summary

Bulten AB demonstrates a mixed financial performance. The income statement shows a solid gross profit margin of 17.6%, yet challenges in net profitability are evident with a net margin of 1.3%. The balance sheet reveals moderate leverage with a debt-to-equity ratio of 0.92 and stability in the equity structure at 38.2%, but room for improvement in ROE at 4.0%. Cash flow analysis indicates volatility in free cash flow and highlights the importance of continued focus on operational efficiency and cash management.

Income Statement

Bulten AB shows a strong gross profit margin of 17.6% in the TTM period, indicating effective cost management. However, the net profit margin has declined to 1.3%, suggesting potential issues with net income generation. Revenue has seen an overall growth from 2020 to 2025, although there was a slight dip in the most recent TTM period. The EBIT margin stands at 3.5%, reflecting moderate profitability. The EBITDA margin of 7.0% indicates some room for improvement in operational efficiency.

Balance Sheet

The debt-to-equity ratio of 0.92 in the TTM period suggests a balanced but potentially risky leverage position. Return on Equity (ROE) is relatively low at 4.0%, indicating limited efficiency in generating returns on shareholders' equity. The equity ratio of 38.2% reflects a stable capital structure, though there is a need for careful management of liabilities.

Cash Flow

Bulten AB's free cash flow has seen significant fluctuations, with a notable decrease to SEK 40 million in the TTM period. The operating cash flow to net income ratio of 3.56 highlights strong cash generation relative to net income, which is positive. However, the free cash flow to net income ratio of 0.53 points to challenges in retaining cash after capital expenditures.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
5.71B	5.81B	5.76B	4.47B	3.73B	3.19B
	Gross Profit
1.00B	1.07B	968.00M	826.00M	710.00M	567.00M
	EBIT
202.00M	301.00M	230.00M	261.00M	232.00M	116.00M
	EBITDA
401.00M	528.00M	426.00M	338.00M	387.00M	265.00M
	Net Income Common Stockholders
75.00M	135.00M	103.00M	74.00M	143.00M	55.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
340.00M	350.00M	340.00M	451.00M	242.00M	236.00M
	Total Assets
4.85B	5.10B	4.85B	4.36B	3.42B	3.07B
	Total Debt
1.67B	1.73B	1.67B	1.36B	880.00M	677.00M
	Net Debt
1.33B	1.38B	1.33B	910.00M	638.00M	441.00M
	Total Liabilities
3.01B	3.05B	3.01B	2.53B	1.73B	1.55B
	Stockholders Equity
1.80B	2.01B	1.80B	1.80B	1.66B	1.50B
Cash Flow		Free Cash Flow
40.00M	115.00M	205.00M	31.00M	-122.00M	393.00M
	Operating Cash Flow
267.00M	319.00M	353.00M	298.00M	48.00M	447.00M
	Investing Cash Flow
-228.00M	-227.00M	-659.00M	-266.00M	-165.00M	-119.00M
	Financing Cash Flow
-124.00M	-124.00M	203.00M	167.00M	109.00M	-154.00M

Bulten AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 60.60
• 50DMA: Positive
• 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:BULTEN, the sentiment is Positive. The current price of 60.6 is above the 20-day moving average (MA) of 59.07, above the 50-day MA of 58.88, and below the 200-day MA of 64.99, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 56.80 is Neutral, neither overbought nor oversold. The STOCH value of 76.48 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:BULTEN.

Bulten AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NEWA.B	78 Outperform	€16.65B	18.42	12.85%	2.75%	3.68%	-11.21%
ITAB	76 Outperform	€6.34B	22.34	6.63%	3.16%	26.05%	-30.44%
RVRC	74 Outperform	kr4.97B	17.02	23.17%	2.50%	7.35%	-0.42%
BULTEN	67 Neutral	€1.28B	17.01	3.84%	4.52%	-3.35%	-21.87%
BMAX	66 Neutral	€3.02B	29.89	4.29%	1.40%	0.37%	818.34%
Sector *	63 Neutral	$6.98B	11.41	2.80%	4.24%	2.68%	-24.94%
SKIS.B	62 Neutral	kr12.63B	22.75	14.36%	1.74%	7.17%	12.16%