Bulten AB (BULTEN) AI Stock Analysis

• Market Cap: €1.26B
• Dividend Yield: 43.83%
• Average Volume (3M): 44.98K
• Price to Earnings (P/E): 16.8
• Beta (1Y): 0.78
• Revenue Growth: -3.35%
• EPS Growth: -21.87%
• Country: SE
• Employees: 1,915
• Sector: Consumer Cyclical
• Sector Strength: 60
• Industry: Auto - Parts
• EPS (TTM): 0.38
• Shares Outstanding: 21,040,209
• 10 Day Avg. Volume: 41,754
• 30 Day Avg. Volume: 44,980
• 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: €78.08
• Price Target Upside: 29.91% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 70 Outperform
• Price Target: kr67.00 ▲(11.48%Upside)

Bulten AB's overall stock score is driven by a solid valuation with a high dividend yield, balanced technical indicators, and mixed financial performance. The lack of earnings call data and notable corporate events limited the scope of analysis.

Bulten AB Business Overview & Revenue Model

Company Description

Bulten AB (publ), together with its subsidiaries, designs, develops, manufactures, and distributes automotive components for light vehicles, heavy commercial vehicles, and tier 1 suppliers. It offers customer-specific standard, specialist, and customized fasteners. The company also provides technical development, line-feeding, logistics, material, and production expertise services. It operates in Sweden, Poland, Germany, the United Kingdom, rest of Europe, the United States, China, and internationally. The company was formerly known as FinnvedenBulten AB (publ) and changed its name to Bulten AB (publ) in September 2014. Bulten AB (publ) was founded in 1873 and is headquartered in Gothenburg, Sweden.

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
EBITDA	401.00M	528.00M	426.00M	338.00M	387.00M	265.00M
Net Income	75.00M	135.00M	103.00M	74.00M	143.00M	55.00M
Balance Sheet
Total Assets	4.85B	5.10B	4.85B	4.36B	3.42B	3.07B
Cash, Cash Equivalents and Short-Term Investments	340.00M	350.00M	340.00M	451.00M	242.00M	236.00M
Total Debt	1.67B	1.73B	1.67B	1.36B	880.00M	677.00M
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: Neutral
• Last Price: 60.10
• 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 Neutral. The current price of 60.1 is above the 20-day moving average (MA) of 59.90, above the 50-day MA of 59.38, and below the 200-day MA of 64.19, indicating a neutral trend. The MACD of 0.34 indicates Negative momentum. The RSI at 51.89 is Neutral, neither overbought nor oversold. The STOCH value of 50.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:BULTEN.

Bulten AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BULTEN	70 Outperform	€1.26B	16.82	3.84%	43.83%	-3.35%	-21.87%
Sector *	62 Neutral	$16.85B	11.50	-7.38%	2.96%	1.59%	-23.36%
29I0		€536.32M	21.80	6.63%	3.00%	―	―
0GE		€445.52M	16.96	23.17%	2.62%	―	―
BYY		€270.81M	30.63	4.29%	1.44%	―	―
3AJ		€1.08B	21.85	13.24%	1.81%	―	―
NWG0		€1.52B	18.88	12.85%	2.71%	―	―

Bulten AB Corporate Events

Bulten Group to Release Q2 2025 Interim Report

Bulten Group has announced that its interim report for the second quarter of 2025 will be released on July 10, 2025. A live presentation for analysts, media, and investors will follow the release, featuring comments from the President and CEO Axel Berntsson and CFO Anna Åkerblad. This event will provide stakeholders with insights into the company’s performance and strategic direction.

The most recent analyst rating on (SE:BULTEN) stock is a Buy with a SEK100.00 price target. To see the full list of analyst forecasts on Bulten AB stock, see the SE:BULTEN Stock Forecast page.

Bulten AB Initiates Strategic Review to Enhance Growth and Market Position

Bulten AB has announced a strategic review to assess its manufacturing operations and organizational structure, aiming to identify areas with the strongest potential for long-term growth. This review will explore the possibility of consolidating or divesting manufacturing facilities to focus on more profitable segments and expand sales to new customer segments beyond the automotive industry. Bulten aims to enhance its position as a leading full-service provider of complex fasteners and C-parts, maintaining a balanced market presence across Europe, Asia, and North America.

The most recent analyst rating on (SE:BULTEN) stock is a Buy with a SEK100.00 price target. To see the full list of analyst forecasts on Bulten AB stock, see the SE:BULTEN Stock Forecast page.