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Case Group AB (SE:CASE)
:CASE
Sweden Market
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Case Group AB (CASE) AI Stock Analysis

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SE:CASE

Case Group AB

(CASE)

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Neutral 67 (OpenAI - 5.2)
Rating:67Neutral
Price Target:
kr23.00
▼(-0.86% Downside)
Action:Reiterated
Date:08/09/26
The score is driven primarily by strong financial quality—high profitability and a conservatively levered balance sheet—tempered by a meaningful recent revenue decline and weaker/less consistent cash flow versus last year. Technical signals are neutral to slightly weak over longer horizons, while valuation is moderate with a supportive dividend yield.
Positive Factors
High Profitability / Margins
Sustained high gross and operating margins indicate durable pricing power and an efficient cost structure typical of scalable asset-management operations. High margins provide a cushion versus revenue shocks, support reinvestment or payouts, and underpin long‑term return generation.
Negative Factors
Material Revenue Decline
A near‑30% TTM revenue drop is a durable headwind: lower fee income reduces scale benefits, pressures margins over time, and may reflect client outflows or lost mandates. Prolonged top‑line contraction limits reinvestment, weakens competitive positioning, and can compress long‑term returns.
Read all positive and negative factors
Positive Factors
Negative Factors
High Profitability / Margins
Sustained high gross and operating margins indicate durable pricing power and an efficient cost structure typical of scalable asset-management operations. High margins provide a cushion versus revenue shocks, support reinvestment or payouts, and underpin long‑term return generation.
Read all positive factors

Case Group AB (CASE) vs. iShares MSCI Sweden ETF (EWD)

Case Group AB Business Overview & Revenue Model

Company Description
Case Group AB offers financial advisory and asset management services tailored for individual investors in Sweden. The company oversees a diverse portfolio of investment options, including equities, bonds, money market instruments, and various alt...

Case Group AB Financial Statement Overview

Summary
Overall fundamentals are solid: profitability is strong (TTM gross margin ~52%, operating margin ~23%, net margin ~18%) and the balance sheet is a key strength with very low leverage (debt-to-equity ~0.05). Offsetting this, near-term momentum has weakened with revenue down ~29% TTM and cash flow consistency has deteriorated (FCF down ~32% vs 2025 and lower cash conversion vs last year).
Income Statement
73
Positive
Balance Sheet
88
Very Positive
Cash Flow
61
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Mar 2022
Income Statement
Total Revenue209.40M212.03M167.06M129.15M56.65M113.93M
Gross Profit108.81M111.33M77.76M43.96M26.40M65.59M
EBITDA47.23M54.48M22.05M3.42M-2.77M40.87M
Net Income37.19M42.06M17.13M443.00K-2.99M33.63M
Balance Sheet
Total Assets370.61M395.99M356.34M332.87M128.62M86.35M
Cash, Cash Equivalents and Short-Term Investments53.01M76.64M48.85M32.18M40.46M76.91M
Total Debt15.00M20.00M30.00M40.00M50.00M0.00
Total Liabilities49.56M64.98M67.39M61.05M65.35M19.99M
Stockholders Equity321.05M329.40M288.95M271.81M63.27M66.36M
Cash Flow
Free Cash Flow31.11M40.48M26.68M-21.39M-85.21M41.35M
Operating Cash Flow31.46M40.79M26.68M82.18M-85.21M41.35M
Investing Cash Flow-4.39M-2.56M220.00K-86.76M-18.82M-125.00K
Financing Cash Flow-34.14M-10.00M-10.00M13.22M49.90M-6.19M

Case Group AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price23.20
Price Trends
50DMA
21.03
Negative
100DMA
21.46
Negative
200DMA
22.21
Negative
Market Momentum
MACD
-0.16
Positive
RSI
43.16
Neutral
STOCH
48.46
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CASE, the sentiment is Negative. The current price of 23.2 is above the 20-day moving average (MA) of 20.84, above the 50-day MA of 21.03, and above the 200-day MA of 22.21, indicating a bearish trend. The MACD of -0.16 indicates Positive momentum. The RSI at 43.16 is Neutral, neither overbought nor oversold. The STOCH value of 48.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:CASE.

Case Group AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
67
Neutral
kr643.69M17.247.49%6.57%
63
Neutral
kr1.91B4.83
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
53
Neutral
kr397.53M-8.96-57.62%19.14%
53
Neutral
kr562.27M30.009.61%
47
Neutral
kr346.76M-3.6351.14%-765.84%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:CASE
Case Group AB
20.00
-2.23
-10.04%
SE:VO2
Vo2 Cap Holding AB
1.96
-0.48
-19.55%
SE:NAXS
NAXS AB
33.10
-14.83
-30.94%
SE:ATIN
Athanase Innovation AB
20.60
0.70
3.52%
SE:VEFAB
VEF AB
1.82
-0.29
-13.93%
SE:SEAF
Seafire AB
7.70
2.36
44.25%
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.Date of analysis: Aug 09, 2026