CTEK AB (CTEK) AI Stock Analysis

• Market Cap: kr986.67M
• Dividend Yield: N/A
• Average Volume (3M): 35.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.72
• Revenue Growth: 6.91%
• EPS Growth: 80.87%
• Country: SE
• Employees: 205
• Sector: Industrials
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): -0.01
• Shares Outstanding: 69,976,270
• 10 Day Avg. Volume: 30,853
• 30 Day Avg. Volume: 35,700
• PEG Ratio: 15.75
• Price to Book (P/B): 1.61
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 56.48
• 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: kr15.00
• Price Target Upside: 3.14% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 43 Neutral
• Price Target: kr14.50 ▼(-0.28%Downside)

The overall stock score for CTEK AB is predominantly influenced by its financial performance, which shows operational cash flow strengths despite profitability challenges. Technical analysis contributes to a negative outlook with bearish indicators, while valuation remains unattractive due to negative earnings and no dividend yield.

CTEK AB Business Overview & Revenue Model

Company Description

CTEK AB (CTEK) is a Swedish company specializing in the development and manufacturing of advanced battery management and charging solutions. The company operates primarily within the automotive and industrial sectors, offering a wide range of products including battery chargers, battery management systems, and accessories designed to optimize battery performance and longevity. CTEK is known for its innovative approach to battery technology, providing solutions that cater to both consumer and professional markets worldwide.

How the Company Makes Money

CTEK generates revenue through the sale of its battery chargers and battery management products. The company offers a variety of products tailored to different types of vehicles and industrial applications, which are distributed through a global network of retailers and distributors. Key revenue streams include direct sales to consumers via e-commerce platforms, partnerships with automotive manufacturers who integrate CTEK’s solutions into their vehicles, and sales to industrial clients who require reliable power management solutions. Additionally, CTEK may earn revenue through licensing agreements and providing technical support services. Significant partnerships with automotive and industrial companies contribute to its earnings by expanding its market reach and enhancing product offerings.

CTEK AB Financial Statement Overview

Summary

CTEK AB demonstrates a mix of strengths and weaknesses across its financial statements. Positive operational cash flow is a strength, but profitability challenges and negative net income affect overall financial health. The balance sheet is stable with moderate leverage, but improvements in profitability and cash management strategies are essential.

Income Statement

CTEK AB's income statement shows declining revenue growth with a slight increase in TTM. The gross profit margin is moderate, but the company is facing negative net income and EBIT margins, indicating operational inefficiencies. The EBITDA margin is positive, suggesting some operational cash generation capability. Overall, profitability challenges are present.

Balance Sheet

CTEK AB has a balanced debt-to-equity ratio, indicating moderate financial leverage. The equity ratio suggests a stable capital structure, but the return on equity is negative due to losses, which is a concern for value creation. Overall, the balance sheet indicates a stable but not overly strong financial position.

Cash Flow

CTEK AB's cash flow statement shows positive operating cash flow, with a decreasing trend in free cash flow. The operating cash flow to net income ratio is positive, indicating better cash generation relative to reported losses. However, the free cash flow to net income ratio is low, reflecting limited cash available after capital expenditures.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	913.80M	884.20M	925.40M	895.30M	687.10M
Gross Profit	484.60M	441.20M	453.40M	461.20M	357.30M
EBITDA	143.20M	74.20M	117.00M	147.00M	223.90M
Net Income	-42.00M	-256.90M	2.70M	4.40M	82.00M
Balance Sheet
Total Assets	1.42B	1.52B	1.71B	1.57B	1.45B
Cash, Cash Equivalents and Short-Term Investments	141.80M	192.30M	10.00M	53.50M	94.70M
Total Debt	410.90M	510.50M	694.10M	571.30M	845.60M
Total Liabilities	726.30M	781.30M	1.05B	911.40M	1.17B
Stockholders Equity	693.20M	735.10M	662.30M	655.00M	285.70M
Cash Flow
Free Cash Flow	53.70M	49.70M	-165.10M	-95.40M	49.50M
Operating Cash Flow	122.70M	135.20M	-46.60M	-28.40M	92.80M
Investing Cash Flow	-68.80M	-82.50M	-115.70M	-66.80M	-43.00M
Financing Cash Flow	-108.20M	134.60M	115.20M	50.30M	-3.80M

CTEK AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 14.54
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CTEK, the sentiment is Negative. The current price of 14.54 is below the 20-day moving average (MA) of 15.72, below the 50-day MA of 15.74, and below the 200-day MA of 15.11, indicating a bearish trend. The MACD of -0.08 indicates Positive momentum. The RSI at 39.68 is Neutral, neither overbought nor oversold. The STOCH value of 47.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:CTEK.

CTEK AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DORO	74 Outperform	kr1.18B	15.36	14.01%	5.68%	-5.41%	119.60%
Sector *	62 Neutral	C$7.38B	1.82	1.33%	2.44%	10.99%	-6.19%
NETI.B	61 Neutral	kr1.39B	923.86	0.15%	―	-12.55%	-98.16%
KJELL	60 Neutral	kr550.45M	―	-2.12%	―	-4.22%	-770.43%
MAVEN	55 Neutral	kr502.07M	1,947.62	-6.07%	1.39%	-20.56%	-99.26%
GAPW.B	46 Neutral	kr632.27M	―	-38.42%	―	91.56%	27.01%
CTEK	43 Neutral	kr986.67M	―	-5.76%	―	6.91%	80.87%

CTEK AB Corporate Events

CTEK AB to Present Interim Report in Upcoming Audiocast

CTEK AB has announced an upcoming audiocast for the presentation of its interim report, scheduled for July 17th, 2025. The event will feature CEO Henrik Fagrenius and CFO Thom Mathisen, who will present the report and answer questions, providing stakeholders with insights into the company’s financial performance and strategic direction.

The most recent analyst rating on (SE:CTEK) stock is a Hold with a SEK20.00 price target. To see the full list of analyst forecasts on CTEK AB stock, see the SE:CTEK Stock Forecast page.

CTEK AB Sets Ambitious 2028 Financial Targets and Expands Market Reach

CTEK AB announced ambitious financial targets for 2028, aiming to achieve SEK 2 billion in net sales and a 20% adjusted EBITA margin. The introduction of new product categories, Premium Booster and Power Solutions, is expected to significantly expand the company’s addressable market from SEK 20 billion to over SEK 75 billion, enhancing its strategic market position and growth potential.

The most recent analyst rating on (SE:CTEK) stock is a Hold with a SEK20.00 price target. To see the full list of analyst forecasts on CTEK AB stock, see the SE:CTEK Stock Forecast page.

CTEK AB Annual General Meeting Resolutions

During its Annual General Meeting, CTEK AB resolved to adopt the financial statements for 2024, re-elect board members, and appoint a new board member, Lisa Ekelund. The meeting also approved the board’s remuneration report and amended the Articles of Association to allow board meetings in multiple locations. No dividend will be paid to shareholders, and profits will be carried forward.