Cloetta AB (CLA.B) AI Stock Analysis

• Market Cap: $9.92B
• Dividend Yield: 3.27%
• Average Volume (3M): 369.61K
• Price to Earnings (P/E): 14.9
• Beta (1Y): 0.23
• Revenue Growth: 1.61%
• EPS Growth: 34.76%
• Country: SE
• Employees: 2,559
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Food Confectioners
• EPS (TTM): 0.59
• Shares Outstanding: 282,884,060
• 10 Day Avg. Volume: 319,298
• 30 Day Avg. Volume: 369,612
• 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: 1.14
• Enterprise Value/Revenue: 1.32
• Enterprise Value/Gross Profit: 3.70
• Enterprise Value/Ebitda: 9.70
• 1Y Price Target: $34.01
• Price Target Upside: 1.15% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 67 Neutral
• Price Target: kr34.00 ▲(1.13% Upside)

Cloetta AB's overall stock score is driven by its strong financial performance, characterized by robust revenue growth and solid profitability margins. The valuation is attractive with a reasonable P/E ratio and a good dividend yield. However, technical indicators suggest a lack of strong momentum, which slightly tempers the overall score.

Cloetta AB Business Overview & Revenue Model

Company Description

Cloetta AB (CLA.B) is a leading Swedish confectionery company that specializes in the production and sale of confectionery products, including chocolates, candies, and snacks. Founded in 1862, Cloetta operates in the Nordic and European markets, offering a diverse portfolio of well-known brands such as Läkerol, Kexchoklad, and Malaco. The company is dedicated to high-quality products and sustainability, focusing on both innovation and consumer preferences in the confectionery sector.

How the Company Makes Money

Cloetta AB generates revenue primarily through the sale of its confectionery products across various channels, including retail, wholesale, and online platforms. The company's key revenue streams include branded products, which are sold under its own labels, and private label products that cater to specific retailers. Cloetta also benefits from strategic partnerships with major retailers and distributors, enhancing its market reach and distribution capabilities. Additionally, the company's focus on expanding its product lines, entering new markets, and investing in marketing initiatives contributes to its overall earnings. Seasonal products and promotions, particularly during holidays, further boost sales and revenue.

Cloetta AB Financial Statement Overview

Summary

Cloetta AB exhibits strong financial health with robust revenue growth and improving profitability margins. The balance sheet is solid with low leverage and a strong equity position, though the increase in debt warrants attention. Cash flow management appears stable, but the recent decline in free cash flow growth could pose challenges.

Income Statement

Cloetta AB has demonstrated strong revenue growth, particularly in the TTM period with a 46.7% increase. The company maintains healthy margins, with a gross profit margin of 35.6% and an EBIT margin of 11.8% in the TTM. The net profit margin has improved to 7.6% from previous years, indicating enhanced profitability. However, the slight decline in revenue in the most recent annual report suggests potential volatility.

Balance Sheet

The company's debt-to-equity ratio is relatively low at 0.45, indicating a conservative leverage position. Return on equity has improved to 12.2% in the TTM, reflecting better utilization of equity to generate profits. The equity ratio stands at 49.6%, showing a strong equity base. However, the slight increase in total debt over the years could be a point of concern if not managed properly.

Cash Flow

Cloetta AB's cash flow performance is stable, with a high free cash flow to net income ratio of 82.3% in the TTM, indicating efficient cash conversion. However, the negative free cash flow growth rate of -5.1% in the TTM suggests challenges in maintaining cash flow growth. The operating cash flow to net income ratio is relatively low at 19.3%, which could indicate potential issues in cash generation from operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.60B	8.61B	8.30B	6.87B	6.05B	5.70B
Gross Profit	3.06B	2.87B	2.60B	2.13B	2.15B	1.98B
EBITDA	1.17B	1.14B	1.06B	661.00M	854.00M	702.00M
Net Income	657.00M	477.00M	437.00M	275.00M	472.00M	265.00M
Balance Sheet
Total Assets	10.89B	11.14B	10.68B	10.32B	9.55B	9.26B
Cash, Cash Equivalents and Short-Term Investments	815.00M	953.00M	658.00M	583.00M	692.00M	396.00M
Total Debt	2.45B	2.51B	2.48B	2.48B	2.37B	2.48B
Total Liabilities	5.49B	5.71B	5.58B	5.32B	5.03B	5.08B
Stockholders Equity	5.40B	5.43B	5.10B	4.99B	4.51B	4.18B
Cash Flow
Free Cash Flow	666.00M	602.00M	496.00M	305.00M	664.00M	366.00M
Operating Cash Flow	809.00M	765.00M	778.00M	519.00M	858.00M	656.00M
Investing Cash Flow	-125.00M	-91.00M	-280.00M	-213.00M	-191.00M	-289.00M
Financing Cash Flow	-385.00M	-367.00M	-379.00M	-406.00M	-436.00M	-476.00M

Cloetta AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 33.62
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CLA.B, the sentiment is Positive. The current price of 33.62 is above the 20-day moving average (MA) of 33.20, above the 50-day MA of 32.56, and above the 200-day MA of 29.19, indicating a bullish trend. The MACD of 0.52 indicates Negative momentum. The RSI at 55.50 is Neutral, neither overbought nor oversold. The STOCH value of 68.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:CLA.B.

Cloetta AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CLA.B	67 Neutral	$9.92B	14.91	11.94%	3.27%	1.61%	34.76%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
9KF	―	€106.48M	58.45	0.63%	2.64%	―	―
2DU	―	€411.22M	20.83	6.56%	―	―	―
B39	―	€341.49M	43.96	1.69%	―	―	―
SCST	65 Neutral	kr6.46B	22.75		2.43%	4.70%	0.33%
VIVA	62 Neutral	kr3.30B	20.27		4.17%	8.80%	48.18%

Cloetta AB Corporate Events

Cloetta AB Reports Strong Growth and Strategic Advancements in Q2 2025

Cloetta AB reported strong quarterly growth with a 2.0% increase in net sales, driven by a 6.5% organic growth despite negative impacts from foreign exchange and divestments. The company achieved a notable improvement in profitability, with an adjusted operating profit margin of 11.5%. The Pick & Mix segment showed significant growth, contributing to the overall profitability. Cloetta is aligning its operations with new strategic priorities, including a global collaboration with IKEA and exploring opportunities in North America. The company is undergoing organizational changes to enhance agility and expects substantial cost savings by 2026.