Bulten AB (SE:BULTEN)
:BULTEN
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Bulten AB
(BULTEN)
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Rating:60Neutral
Price Target:
kr50.00
▲(3.31% Upside)
Action:ReiteratedDate:04/25/26
The score is held back primarily by deteriorating profitability and higher leverage (financial performance), partially offset by resilient recent cash generation. Valuation is a key support (low P/E and high dividend yield), while technicals are modestly positive but not fully strong given the price remains below the 200-day average.
Positive Factors
Strong cash generation
Consistent operating cash flow and positive free cash flow provide durable funding for working capital, capex and dividends without relying solely on earnings. This liquidity buffer improves resilience through automotive cycles and supports capital allocation, deleveraging or targeted investments over months.
Negative Factors
Profitability erosion
Material compression of operating and net margins reduces retained earnings and weakens return on equity, limiting reinvestment capacity. Prolonged low profitability undermines ability to fund growth initiatives, maintain dividends and absorb input cost inflation over the coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation
Consistent operating cash flow and positive free cash flow provide durable funding for working capital, capex and dividends without relying solely on earnings. This liquidity buffer improves resilience through automotive cycles and supports capital allocation, deleveraging or targeted investments over months.
Read all positive factors
Bulten AB (BULTEN) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr1.00B
Dividend Yield5.49%
Average Volume (3M)25.75K
Price to Earnings (P/E)7.5
Beta (1Y)0.49
Revenue Growth-14.67%
EPS Growth-85.33%
CountrySE
Employees1,915
SectorConsumer Cyclical
Sector Strength84
IndustryAuto - Parts
Share Statistics
EPS (TTM)1.40
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 Upside19.83% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)3.62
Revenue Forecast (FY)kr5.15B
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 cus...
How the Company Makes Money
Bulten primarily makes money by selling fasteners and related supply-chain services to industrial customers, with the automotive sector as its main end market. Revenue is generated through (1) product sales of standard and customized fasteners del...
Bulten AB Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
48
Neutral
Cash Flow
64
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.87B | 5.04B | 5.81B | 5.76B | 4.47B | 3.73B |
| Gross Profit | 928.00M | 928.00M | 1.07B | 968.00M | 826.00M | 710.00M |
| EBITDA | 333.00M | 354.00M | 528.00M | 426.00M | 338.00M | 395.00M |
| Net Income | 11.00M | -11.00M | 135.00M | 103.00M | 74.00M | 143.00M |
Balance Sheet | ||||||
| Total Assets | 4.45B | 4.45B | 5.10B | 4.85B | 4.36B | 3.42B |
| Cash, Cash Equivalents and Short-Term Investments | 261.00M | 289.00M | 350.00M | 340.00M | 451.00M | 242.00M |
| Total Debt | 1.41B | 1.79B | 1.73B | 1.67B | 1.36B | 880.00M |
| Total Liabilities | 2.61B | 2.68B | 3.05B | 3.01B | 2.53B | 1.73B |
| Stockholders Equity | 1.79B | 1.72B | 2.01B | 1.80B | 1.80B | 1.66B |
Cash Flow | ||||||
| Free Cash Flow | 264.00M | 259.00M | 115.00M | 205.00M | 31.00M | -122.00M |
| Operating Cash Flow | 380.00M | 429.00M | 319.00M | 353.00M | 298.00M | 48.00M |
| Investing Cash Flow | -123.00M | -193.00M | -203.00M | -659.00M | -266.00M | -165.00M |
| Financing Cash Flow | -328.00M | -258.00M | -124.00M | 203.00M | 167.00M | 109.00M |
Bulten AB Technical Analysis
Positive
48.40
Price Trends
42.80
Positive
46.44
Positive
50.52
Negative
Market Momentum
1.50
Negative
63.01
Neutral
79.17
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 48.4 is above the 20-day moving average (MA) of 44.03, above the 50-day MA of 42.80, and below the 200-day MA of 50.52, indicating a neutral trend. The MACD of 1.50 indicates Negative momentum. The RSI at 63.01 is Neutral, neither overbought nor oversold. The STOCH value of 79.17 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | kr1.71B | 17.16 | 23.44% | 4.95% | 5.48% | 26.69% | |
62 Neutral | kr845.04M | 13.88 | 13.52% | 3.17% | -1.70% | 16.73% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | kr1.00B | 7.54 | -0.32% | 5.49% | -14.67% | -85.33% | |
51 Neutral | kr2.89B | -7.38 | 7.24% | 1.40% | 0.60% | 92.08% | |
47 Neutral | kr3.95B | 112.96 | 0.68% | 5.42% | -0.18% | -91.94% | |
44 Neutral | kr2.59B | -0.98 | -83.34% | ― | -15.76% | -61.82% |
* Consumer Cyclical Sector Average
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Bulten AB Corporate Events
Bulten AGM Backs Board, Halts Dividend and Authorizes Share Buybacks
Apr 23, 2026
Bulten AB’s annual general meeting approved the company’s 2025 financial statements and granted discharge from liability to the board and president, while deciding to retain all earnings and skip a dividend to strengthen its financial ...
Bulten Lifts Earnings on Efficiency Despite Double-Digit Sales Decline
Apr 23, 2026
Bulten reported a weaker top line for the first quarter of 2026, as net sales fell 12.4% year-on-year to SEK 1,254 million against a softer demand backdrop. Despite the decline in revenue, the company maintained its adjusted operating margin at 6....
Bulten’s EXIM Singapore Wins SEK 21 Million Defence Kitting Contract
Apr 16, 2026
EXIM Singapore, part of Sweden-based fastener specialist Bulten Group, has secured a SEK 21 million contract to supply specialised kit sets to a Singapore defence contractor for military vehicle powertrain systems. The programme covers 51 kitting ...
Bulten to Present First-Quarter 2026 Results in Webcast and Conference Call
Apr 9, 2026
Bulten Group, the Gothenburg-headquartered fastener specialist serving global automotive and other industrial customers, will present its interim report for the first quarter of 2026 on April 23. The report, which reflects performance in a competi...
Bulten Publishes Integrated 2025 Annual and Sustainability Report
Apr 1, 2026
Bulten AB has released its 2025 Annual and Sustainability Report, combining financial statements, sustainability disclosures, and a detailed corporate governance review into a single comprehensive publication for shareholders. The report outlines ...
Bulten AB Calls Annual General Meeting for April 23, 2026
Mar 19, 2026
Bulten AB has convened its Annual General Meeting for April 23, 2026, to be held at the company’s headquarters in Västra Frölunda, Sweden, with registration opening 45 minutes before the start. Shareholders must be recorded in the ...
Bulten Shifts U.S. Operations to Distribution as Manufacturing Moves to Europe
Feb 9, 2026
Bulten will discontinue production at its Streetsboro, Ohio, facility and consolidate those manufacturing volumes into its European plants, following a strategic review of how best to serve customers. The move reflects the company’s view tha...
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...
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.