Clavister Holding AB (SE:CLAV)
:CLAV
Want to see SE:CLAV full AI Analyst Report?
Top Page
Clavister Holding AB
(CLAV)
Select Model
Select Model
Rating:48Neutral
Price Target:
kr4.50
▲(57.34% Upside)
Action:Reiterated
Date:05/10/26
The score is held back primarily by financial risk factors (elevated leverage, still-negative EBIT, and slightly negative/volatile free cash flow) despite improving revenue and a return to modest profitability. Technical signals also indicate weak momentum, while valuation looks reasonable on P/E but lacks dividend support.
Positive Factors
High gross margins & return to profitability
Sustained gross margins near 58.5% and a return to positive net income indicate product economics that can fund scale. High margins provide pricing power and allow reinvestment in R&D and sales, improving the odds of durable operating leverage as revenue grows.
Negative Factors
Elevated leverage
Debt-to-equity near 1.28x constrains financial flexibility for a company still restoring operating profitability. Elevated leverage increases interest burden risk, limits ability to fund growth initiatives, and raises refinancing exposure if cash generation falters.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross margins & return to profitability
Sustained gross margins near 58.5% and a return to positive net income indicate product economics that can fund scale. High margins provide pricing power and allow reinvestment in R&D and sales, improving the odds of durable operating leverage as revenue grows.
Read all positive factors
Clavister Holding AB (CLAV) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr1.77B
Dividend YieldN/A
Average Volume (3M)1.69M
Price to Earnings (P/E)283.3
Beta (1Y)0.73
Revenue Growth18.24%
EPS GrowthN/A
CountrySE
Employees103
SectorGeneral
Sector StrengthN/A
IndustrySoftware - Infrastructure
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding371,426,500
10 Day Avg. Volume1,894,417
30 Day Avg. Volume1,693,138
Financial Highlights & Ratios
PEG Ratio-1.63
Price to Book (P/B)9.85
Price to Sales (P/S)4.23
P/FCF Ratio27.06
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.14
Revenue Forecast (FY)kr328.70M
Clavister Holding AB Business Overview & Revenue Model
Company Description
Clavister Holding AB (publ.), together with its subsidiaries, develops and sells cyber security solutions in worldwide. The company offers network security, identity and access management, management and security analytics, and device security sol...
How the Company Makes Money
Clavister makes money primarily by selling cybersecurity/network security software solutions and related licenses to customers and partners. Revenue is typically generated through (1) licensing of its security software (e.g., firewall and network ...
Clavister Holding AB Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
42
Neutral
Cash Flow
46
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 240.67M | 219.22M | 191.66M | 160.61M | 149.41M | 134.04M |
| Gross Profit | 140.80M | -14.22M | 149.99M | 128.67M | 121.67M | 114.85M |
| EBITDA | 39.03M | 29.88M | 31.46M | -24.79M | -79.75M | -65.65M |
| Net Income | 3.52M | 5.30M | -55.98M | -65.35M | -112.83M | -91.14M |
Balance Sheet | ||||||
| Total Assets | 386.51M | 401.03M | 359.23M | 299.36M | 291.15M | 291.54M |
| Cash, Cash Equivalents and Short-Term Investments | 68.54M | 95.93M | 83.21M | 38.66M | 42.41M | 49.89M |
| Total Debt | 122.44M | 122.86M | 244.65M | 313.26M | 288.56M | 241.16M |
| Total Liabilities | 291.03M | 306.94M | 443.45M | 528.24M | 454.69M | 345.26M |
| Stockholders Equity | 95.48M | 94.09M | -84.19M | -228.88M | -163.53M | -53.72M |
Cash Flow | ||||||
| Free Cash Flow | -3.52M | 34.24M | -37.26M | -28.67M | -61.09M | -95.73M |
| Operating Cash Flow | 26.77M | 35.39M | 4.55M | 13.31M | -24.70M | -56.32M |
| Investing Cash Flow | -41.13M | -41.75M | -42.05M | -41.86M | -37.11M | -42.38M |
| Financing Cash Flow | 19.10M | 19.08M | 82.05M | 24.80M | 54.34M | 5.39M |
Clavister Holding AB Technical Analysis
Positive
2.86
Price Trends
4.53
Positive
4.22
Positive
4.11
Positive
Market Momentum
-0.04
Positive
58.89
Neutral
43.35
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CLAV, the sentiment is Positive. The current price of 2.86 is below the 20-day moving average (MA) of 4.59, below the 50-day MA of 4.53, and below the 200-day MA of 4.11, indicating a bullish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 58.89 is Neutral, neither overbought nor oversold. The STOCH value of 43.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:CLAV.
Clavister Holding AB Peers Comparison
UnderperformOutperform
Sector (55)
SE:CLAV
Clavister Holding AB
4.78
-0.52
-9.85%
SE:ADVE
Advenica AB
22.00
-0.70
-3.09%
SE:FREJA
Freja eID Group AB
15.80
5.88
59.27%
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.