CTEK AB (CTEK) AI Stock Analysis

• Market Cap: kr1.13B
• Dividend Yield: N/A
• Average Volume (3M): 41.19K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.68
• Revenue Growth: 10.33%
• EPS Growth: 82.28%
• Country: SE
• Employees: 205
• Sector: Industrials
• Sector Strength: 89
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.00
• Shares Outstanding: 69,976,270
• 10 Day Avg. Volume: 31,971
• 30 Day Avg. Volume: 41,190
• PEG Ratio: -19.12
• Price to Book (P/B): 3.54
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -14.19
• 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: kr16.27
• Price Target Upside: 1.71% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 2

• Rating: 52 Neutral
• Price Target: kr17.50 ▲(9.38%Upside)

CTEK AB's score reflects a moderate financial position with significant profitability challenges. Technical indicators suggest some potential for positive movement, but valuation concerns weigh heavily due to negative earnings. The absence of earnings call data and corporate events limits additional insights.

CTEK AB Business Overview & Revenue Model

Company Description

CTEK AB (publ) provides battery charging products for all types of vehicles in Sweden, Nordics, DACH, the Americas, rest of Europe, and internationally. The company offers products ranging from 12V and 24V battery chargers, load balancing systems, and back-end solutions and accessories for electric vehicle charging. It serves in various industries, such as municipalities, energy companies, housing cooperatives, property owners, corporations, parking companies, and private individuals. The company was founded in 1997 and is based in Vikmanshyttan, Sweden.

How the Company Makes Money

CTEK primarily generates revenue through the sale of its battery chargers and accessories. The company offers a diverse product portfolio catering to both consumer and professional markets, which includes smart battery chargers, battery analyzers, and power management solutions. A significant portion of its revenue is derived from its strong distribution network, which spans across multiple countries and encompasses partnerships with automotive manufacturers, retailers, and distributors. Additionally, CTEK invests in research and development to continually innovate and meet the evolving needs of its customers, which helps maintain its competitive edge and sustain its revenue growth.

CTEK AB Financial Statement Overview

Summary

CTEK AB demonstrates a mix of strengths and weaknesses across its financial statements. The company has some operational cash flow strengths but faces profitability challenges. The balance sheet is stable with moderate leverage, but negative net income affects overall financial health. Improvements in profitability and cash management strategies are essential for better financial performance.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	925.90M	913.80M	884.20M	925.40M	895.30M	687.10M
Gross Profit	395.30M	484.60M	441.20M	453.40M	461.20M	357.30M
EBITDA	144.60M	143.20M	74.20M	117.00M	147.00M	223.90M
Net Income	-42.40M	-42.00M	-256.90M	2.70M	4.40M	82.00M
Balance Sheet
Total Assets	1.34B	1.42B	1.52B	1.71B	1.57B	1.45B
Cash, Cash Equivalents and Short-Term Investments	99.60M	141.80M	192.30M	10.00M	53.50M	94.70M
Total Debt	385.10M	410.90M	510.50M	694.10M	571.30M	845.60M
Total Liabilities	643.50M	726.30M	781.30M	1.05B	911.40M	1.17B
Stockholders Equity	691.90M	693.20M	735.10M	662.30M	655.00M	285.70M
Cash Flow
Free Cash Flow	19.70M	53.70M	49.70M	-165.10M	-95.40M	49.50M
Operating Cash Flow	85.90M	122.70M	135.20M	-46.60M	-28.40M	92.80M
Investing Cash Flow	-66.00M	-68.80M	-82.50M	-115.70M	-66.80M	-43.00M
Financing Cash Flow	-33.40M	-108.20M	134.60M	115.20M	50.30M	-3.80M

CTEK AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 16.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• 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 Positive. The current price of 16 is above the 20-day moving average (MA) of 15.85, above the 50-day MA of 15.12, and above the 200-day MA of 15.29, indicating a bullish trend. The MACD of 0.17 indicates Positive momentum. The RSI at 53.74 is Neutral, neither overbought nor oversold. The STOCH value of 46.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:CTEK.

CTEK AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DORO	73 Outperform	kr900.07M	11.79	14.01%	5.68%	-5.41%	119.60%
NETI.B	66 Neutral	kr1.42B	33.44	6.63%	―	0.86%	-32.38%
KJELL	61 Neutral	€733.93M	―	-1.92%	―	-0.74%	-1273.45%
Sector *	58 Neutral	HK$13.95B	4.43	-3.01%	7.31%	3.67%	-54.16%
MAVEN	55 Neutral	kr414.93M	1,947.62	-6.45%	1.39%	-20.56%	-99.26%
CTEK	52 Neutral	kr1.13B	―	-5.77%	―	10.33%	82.28%
GAPW.B	46 Neutral	kr412.38M	―	-39.91%	―	91.56%	27.01%

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.