Bulten AB (SE:BULTEN)
:BULTEN
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Bulten AB
(BULTEN)
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Rating:48Neutral
Price Target:
kr43.00
▼(-19.32% Downside)
Action:ReiteratedDate:02/05/26
The score is held back primarily by weakening financial performance (2025 revenue decline, margin compression, and a small net loss) and clearly bearish technicals (price below major moving averages, negative MACD, and very oversold momentum). A high dividend yield and relatively better cash generation provide partial support but are not enough to outweigh the downturn in profitability and trend weakness.
Positive Factors
Integrated full-service model
Bulten's end-to-end offering (development, manufacturing, testing, aftermarket) creates customer stickiness and revenue durability. Engineering and quality services move it up the value chain versus commodity suppliers, supporting longer contracts, higher switching costs and steadier margins over product cycles.
Negative Factors
Revenue decline & margin compression
A clear downturn in revenue and compressed operating profitability in 2025 signals weakening demand or adverse mix/price dynamics. If sustained, this erodes reinvestment capacity, undermines margin recovery, and reduces the company's ability to fund engineering or supply-chain investments that drive long-term competitiveness.
Read all positive and negative factors
Positive Factors
Negative Factors
Integrated full-service model
Bulten's end-to-end offering (development, manufacturing, testing, aftermarket) creates customer stickiness and revenue durability. Engineering and quality services move it up the value chain versus commodity suppliers, supporting longer contracts, higher switching costs and steadier margins over product cycles.
Read all positive factors
Bulten AB (BULTEN) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr893.04M
Dividend Yield5.49%
Average Volume (3M)25.75K
Price to Earnings (P/E)―
Beta (1Y)0.38
Revenue Growth-10.68%
EPS Growth-103.85%
CountrySE
Employees1,915
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)0.26
Shares Outstanding21,040,209
10 Day Avg. Volume24,401
30 Day Avg. Volume25,746
Financial Highlights & Ratios
PEG Ratio0.91
Price to Book (P/B)0.63
Price to Sales (P/S)0.21
P/FCF Ratio4.17
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr58.00Price Target Upside8.82% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)6.34
Revenue Forecast (FY)kr5.30B
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, includ...
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 provi...
Bulten AB Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
52
Neutral
Cash Flow
63
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.04B | 5.81B | 5.76B | 4.47B | 3.73B |
| Gross Profit | 928.00M | 1.07B | 968.00M | 826.00M | 710.00M |
| EBITDA | 354.00M | 528.00M | 426.00M | 338.00M | 395.00M |
| Net Income | -11.00M | 135.00M | 103.00M | 74.00M | 143.00M |
Balance Sheet | |||||
| Total Assets | 4.45B | 5.10B | 4.85B | 4.36B | 3.42B |
| Cash, Cash Equivalents and Short-Term Investments | 289.00M | 350.00M | 340.00M | 451.00M | 242.00M |
| Total Debt | 1.79B | 1.73B | 1.67B | 1.36B | 880.00M |
| Total Liabilities | 2.68B | 3.05B | 3.01B | 2.53B | 1.73B |
| Stockholders Equity | 1.72B | 2.01B | 1.80B | 1.80B | 1.66B |
Cash Flow | |||||
| Free Cash Flow | 259.00M | 115.00M | 205.00M | 31.00M | -122.00M |
| Operating Cash Flow | 429.00M | 319.00M | 353.00M | 298.00M | 48.00M |
| Investing Cash Flow | -193.00M | -203.00M | -659.00M | -266.00M | -165.00M |
| Financing Cash Flow | -258.00M | -124.00M | 203.00M | 167.00M | 109.00M |
Bulten AB Technical Analysis
Neutral
53.30
Price Trends
43.36
Negative
46.61
Negative
51.10
Negative
Market Momentum
-0.13
Negative
51.80
Neutral
81.59
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BULTEN, the sentiment is Neutral. The current price of 53.3 is above the 20-day moving average (MA) of 41.52, above the 50-day MA of 43.36, and above the 200-day MA of 51.10, indicating a neutral trend. The MACD of -0.13 indicates Negative momentum. The RSI at 51.80 is Neutral, neither overbought nor oversold. The STOCH value of 81.59 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:BULTEN.
Bulten AB Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | kr1.78B | 17.16 | 23.44% | 4.95% | 9.20% | 11.72% | |
62 Neutral | kr807.38M | 13.88 | 13.52% | 3.17% | 0.78% | 1.33% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | kr3.20B | 16.85 | 7.24% | 1.40% | 4.04% | 433.33% | |
48 Neutral | kr893.04M | -98.07 | -0.32% | 5.49% | -10.68% | -103.85% | |
47 Neutral | kr3.82B | 112.96 | 0.68% | 5.42% | 2.16% | -90.31% | |
44 Neutral | kr2.85B | -0.98 | -83.34% | ― | -9.81% | -200.79% |
* Consumer Cyclical Sector Average
SE:BULTEN
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Bulten AB Corporate Events
Bulten Takes Full Control of Indian Operations in Strategic Expansion Beyond Automotive
Feb 5, 2026
Bulten AB, a Swedish-headquartered global fastener manufacturer with a strong base in the automotive industry and growing exposure to consumer electronics and other industrial segments, is expanding its international footprint to align with custom...
Bulten Hit by Customer Cyberattack and Duties but Strengthens Cash Flow in 2025
Feb 3, 2026
Bulten reported a sharp decline in full-year 2025 net sales, down 13.1% to SEK 5,045 million, and a halving of operating earnings as anti-dumping duties, restructuring costs and the fallout from a major customer’s cyberattack weighed on resu...
Bulten Sets Date for Q4 and Year-End 2025 Results Presentation
Jan 20, 2026
Bulten Group will publish its interim fourth-quarter and full-year 2025 report on 3 February 2026 at 1:30 p.m. CET, followed by a live webcast and conference call at 3:30 p.m. CET where President and CEO Axel Berntsson and CFO Anna Åkerblad w...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.