Cheffelo AB (CHEF) AI Stock Analysis

• Market Cap: kr852.00M
• Dividend Yield: 4.88%
• Average Volume (3M): 62.31K
• Price to Earnings (P/E): 18.7
• Beta (1Y): 0.45
• Revenue Growth: 8.13%
• EPS Growth: 90.46%
• Country: SE
• Employees: 267
• Sector: Consumer Goods
• Sector Strength: N/A
• Industry: Food Distribution
• EPS (TTM): 1.32
• Shares Outstanding: 12,678,592
• 10 Day Avg. Volume: 66,383
• 30 Day Avg. Volume: 62,307
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: kr64.00
• Price Target Upside: -4.76% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 76 Outperform
• Price Target: kr72.00 ▲(7.14% Upside)

Cheffelo AB's stock is rated highly due to strong financial performance and attractive valuation metrics. The bullish technical indicators further support the positive outlook, although caution is advised due to potential overbought conditions.

Cheffelo AB Business Overview & Revenue Model

Company Description

Cheffelo AB (publ) engages in the supply and delivery of meal kits to the customer's front door in Sweden, Norway, and Denmark. It operates under the Linas Matkasse, Godtlevert, Adams Matkasse, and RetNemt brand names. The company was formerly known as LMK Group AB (publ) and changed its name to Cheffelo AB (publ) in October 2023. The company was founded in 2008 and is headquartered in Sundbyberg, Sweden.

How the Company Makes Money

Cheffelo AB generates revenue primarily through transaction fees charged on each order placed via its platform, allowing it to earn a percentage of the sales made by chefs and restaurants. Additionally, the company offers subscription services for regular meal kit deliveries, creating a steady revenue stream. Partnerships with local chefs and culinary experts enhance the platform's offerings, while collaborations with food suppliers and logistics providers help optimize the supply chain, further increasing profitability. Advertising and promotional partnerships with food brands also contribute to its earnings, leveraging the company's customer base for targeted marketing initiatives.

Cheffelo AB Financial Statement Overview

Summary

Cheffelo AB exhibits a strong financial performance with consistent revenue growth and profitability. The income statement highlights a positive revenue trajectory and stable operational performance. The balance sheet reflects a stable financial structure with low leverage, while the cash flow statement indicates robust cash generation. The company is well-positioned for future growth, though it should continue to manage debt levels and enhance profitability margins.

Income Statement

Cheffelo AB has demonstrated a positive revenue growth trajectory, with a TTM revenue increase of 4.5% compared to the previous year. The gross profit margin stands at 25.1%, indicating efficient cost management. The net profit margin of 3.8% shows profitability, although there is room for improvement. The EBIT margin of 4.7% and EBITDA margin of 9.6% reflect stable operational performance. Overall, the income statement reflects a solid financial position with consistent growth.

Balance Sheet

The balance sheet reveals a strong equity position with a debt-to-equity ratio of 0.24, suggesting low leverage and financial stability. The equity ratio of 58.2% indicates a healthy proportion of equity financing. Return on equity (ROE) is 9.5%, showing effective use of equity to generate profits. The balance sheet is robust, though the company should monitor its debt levels to maintain financial flexibility.

Cash Flow

Cheffelo AB's cash flow statement shows a strong free cash flow growth rate of -5.1%, indicating a slight decline but still maintaining positive free cash flow. The operating cash flow to net income ratio of 1.86 and free cash flow to net income ratio of 1.66 suggest efficient cash generation relative to net income. The cash flow position is solid, supporting ongoing operations and potential investments.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.11B	1.06B	999.72M	1.08B	1.39B	1.22B
Gross Profit	370.72M	457.10M	433.19M	-33.70M	38.67M	93.95M
EBITDA	107.54M	93.20M	82.42M	-97.50M	93.93M	134.52M
Net Income	45.51M	32.42M	19.30M	-154.56M	17.36M	65.03M
Balance Sheet
Total Assets	709.86M	746.12M	760.92M	776.07M	960.86M	838.60M
Cash, Cash Equivalents and Short-Term Investments	104.02M	114.21M	91.92M	56.00M	160.73M	80.42M
Total Debt	97.84M	110.80M	132.75M	152.20M	117.28M	255.02M
Total Liabilities	281.83M	304.01M	322.37M	328.48M	352.81M	558.37M
Stockholders Equity	428.03M	442.11M	438.55M	447.59M	608.04M	274.93M
Cash Flow
Free Cash Flow	70.37M	74.10M	70.77M	-62.42M	28.25M	112.30M
Operating Cash Flow	79.70M	85.10M	82.20M	-40.48M	58.19M	122.23M
Investing Cash Flow	-12.30M	-10.99M	-11.44M	-24.33M	-88.09M	-9.94M
Financing Cash Flow	-61.95M	-49.97M	-29.35M	-43.57M	102.56M	-35.52M

Cheffelo AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 67.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CHEF, the sentiment is Positive. The current price of 67.2 is above the 20-day moving average (MA) of 56.65, above the 50-day MA of 53.79, and above the 200-day MA of 41.81, indicating a bullish trend. The MACD of 2.11 indicates Negative momentum. The RSI at 80.58 is Negative, neither overbought nor oversold. The STOCH value of 73.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:CHEF.

Cheffelo AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SNX	77 Outperform	kr583.51M	33.24	14.50%	0.47%	19.30%	68.77%
CHEF	76 Outperform	kr852.00M	18.75	―	4.88%	8.13%	90.46%
NNH	57 Neutral	kr135.67M	27.40	4.85%	―	3.14%	―
Sector *	57 Neutral	$3.13B	9.23	-34.32%	3.14%	-25.56%	-353.61%