Bulten AB (BULTEN) AI Stock Analysis

• Market Cap: kr1.08B
• Dividend Yield: 5.49%
• Average Volume (3M): 25.75K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.58
• Revenue Growth: -10.68%
• EPS Growth: -103.85%
• Country: SE
• Employees: 1,915
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Auto - Parts
• EPS (TTM): -0.10
• Shares Outstanding: 21,040,209
• 10 Day Avg. Volume: 24,401
• 30 Day Avg. Volume: 25,746
• PEG Ratio: 0.37
• Price to Book (P/B): 0.76
• Price to Sales (P/S): 0.26
• P/FCF Ratio: 13.27
• 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: kr60.00
• Price Target Upside: 12.57% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: kr49.00 ▼(-8.07% Downside)

Bulten AB's stock score is primarily influenced by its mixed financial performance and bearish technical indicators. While the company shows strong gross profit margins, challenges in net profitability and cash flow volatility are concerns. The technical analysis indicates a downtrend, with the stock trading below key moving averages and in oversold territory. However, the attractive dividend yield provides a positive aspect in terms of valuation.

Positive Factors

Gross Profit Margin

A strong gross profit margin indicates effective cost management, which can support sustainable profitability over time.

Stable Revenue Streams

Long-term contracts provide a stable income stream, reducing revenue volatility and enhancing financial predictability.

Strategic Partnerships

Strategic partnerships enhance market position and enable collaborative product development, fostering innovation and growth.

Negative Factors

Net Profit Margin Challenges

A declining net profit margin suggests issues with net income generation, which can impact long-term profitability and shareholder returns.

Cash Flow Volatility

Volatile cash flow can hinder the company's ability to invest in growth opportunities and manage financial obligations effectively.

Low Return on Equity

Low ROE indicates limited efficiency in generating returns on shareholders' equity, potentially affecting investor confidence and capital allocation.

Bulten AB Business Overview & Revenue Model

Company Description

Bulten AB (BULTEN) is a leading global supplier of fasteners and assembly solutions, primarily serving the automotive industry. Headquartered in Sweden, the company specializes in the production and distribution of a wide range of products, including screws, bolts, and other fastening systems, which are essential components in vehicle manufacturing and assembly processes. Bulten operates in several key markets across Europe, Asia, and North America, focusing on innovation and sustainability to meet the evolving needs of its customers.

How the Company Makes Money

Bulten AB generates revenue primarily through the sale of its fasteners and assembly solutions to automotive manufacturers and suppliers. The company's revenue model is centered around long-term contracts with major automotive clients, which provides a stable income stream. Key revenue streams include the sale of standard and customized fasteners, as well as value-added services such as technical support and logistics solutions. Additionally, Bulten benefits from strategic partnerships with leading automotive companies, which enhances its market position and allows for collaborative product development. Factors contributing to its earnings include the increasing demand for lightweight and high-strength materials in the automotive sector, along with a focus on sustainability and innovation in product offerings.

Bulten AB Financial Statement Overview

Summary

Bulten AB demonstrates a mixed financial performance. The income statement shows a solid gross profit margin, yet challenges in net profitability. The balance sheet reveals moderate leverage and stability in the equity structure, but with room for improvement in ROE. 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	5.28B	5.81B	5.76B	4.47B	3.73B	3.19B
Gross Profit	940.00M	1.07B	968.00M	826.00M	710.00M	567.00M
EBITDA	365.00M	528.00M	426.00M	338.00M	395.00M	265.00M
Net Income	-6.00M	135.00M	103.00M	74.00M	143.00M	55.00M
Balance Sheet
Total Assets	4.61B	5.10B	4.85B	4.36B	3.42B	3.07B
Cash, Cash Equivalents and Short-Term Investments	269.00M	350.00M	340.00M	451.00M	242.00M	236.00M
Total Debt	1.47B	1.73B	1.67B	1.36B	880.00M	677.00M
Total Liabilities	2.81B	3.05B	3.01B	2.53B	1.73B	1.55B
Stockholders Equity	1.76B	2.01B	1.80B	1.80B	1.66B	1.50B
Cash Flow
Free Cash Flow	314.00M	115.00M	205.00M	31.00M	-122.00M	393.00M
Operating Cash Flow	531.00M	319.00M	353.00M	298.00M	48.00M	447.00M
Investing Cash Flow	-230.00M	-203.00M	-659.00M	-266.00M	-165.00M	-119.00M
Financing Cash Flow	-305.00M	-124.00M	203.00M	167.00M	109.00M	-154.00M

Bulten AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 53.30
• 50DMA: Positive
• 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:BULTEN, the sentiment is Negative. The current price of 53.3 is above the 20-day moving average (MA) of 50.64, above the 50-day MA of 49.56, and below the 200-day MA of 55.45, indicating a neutral trend. The MACD of 0.30 indicates Positive momentum. The RSI at 47.05 is Neutral, neither overbought nor oversold. The STOCH value of 45.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:BULTEN.

Bulten AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EMBELL	79 Outperform	kr908.59M	14.20	12.72%	3.17%	0.78%	1.33%
BORG	69 Neutral	kr1.50B	17.34	23.44%	4.95%	9.20%	11.72%
BMAX	65 Neutral	kr3.32B	18.85	7.24%	1.40%	4.04%	433.33%
BULTEN	62 Neutral	kr1.08B	-174.89	-0.32%	5.49%	-10.68%	-103.85%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
MEKO	61 Neutral	kr4.08B	96.42	0.68%	5.42%	2.16%	-90.31%
NOBI	46 Neutral	kr3.32B	-1.14	-83.34%	―	-9.81%	-200.79%

Bulten AB Corporate Events

Bulten AB Appoints Nomination Committee for 2026 AGM

Bulten AB has appointed its nomination committee for the 2026 Annual General Meeting, scheduled for April 23, 2026, in Gothenburg, Sweden. The committee consists of representatives from major shareholders and the Chairman of the Board, collectively representing 34% of the company’s voting shares. The committee will draft proposals for the AGM, including board member elections and remuneration, impacting the company’s governance and shareholder engagement.

The most recent analyst rating on (SE:BULTEN) stock is a Buy with a SEK65.00 price target. To see the full list of analyst forecasts on Bulten AB stock, see the SE:BULTEN Stock Forecast page.