tiprankstipranks
Trending News
More News >
CTEK AB (SE:CTEK)
:CTEK

CTEK AB (CTEK) AI Stock Analysis

Compare
0 Followers

Top Page

SE

CTEK AB

(Frankfurt:CTEK)

Rating:52Neutral
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 (CTEK) vs. iShares MSCI Sweden ETF (EWD)

CTEK AB Business Overview & Revenue Model

Company DescriptionCTEK 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 MoneyCTEK 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
45
Neutral
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
50
Neutral
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
55
Neutral
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.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue925.90M913.80M884.20M925.40M895.30M687.10M
Gross Profit395.30M484.60M441.20M453.40M461.20M357.30M
EBITDA144.60M143.20M74.20M117.00M147.00M223.90M
Net Income-42.40M-42.00M-256.90M2.70M4.40M82.00M
Balance Sheet
Total Assets1.34B1.42B1.52B1.71B1.57B1.45B
Cash, Cash Equivalents and Short-Term Investments99.60M141.80M192.30M10.00M53.50M94.70M
Total Debt385.10M410.90M510.50M694.10M571.30M845.60M
Total Liabilities643.50M726.30M781.30M1.05B911.40M1.17B
Stockholders Equity691.90M693.20M735.10M662.30M655.00M285.70M
Cash Flow
Free Cash Flow19.70M53.70M49.70M-165.10M-95.40M49.50M
Operating Cash Flow85.90M122.70M135.20M-46.60M-28.40M92.80M
Investing Cash Flow-66.00M-68.80M-82.50M-115.70M-66.80M-43.00M
Financing Cash Flow-33.40M-108.20M134.60M115.20M50.30M-3.80M

CTEK AB Technical Analysis

Technical Analysis Sentiment
Positive
Last Price16.00
Price Trends
50DMA
15.12
Positive
100DMA
14.72
Positive
200DMA
15.29
Positive
Market Momentum
MACD
0.17
Positive
RSI
53.74
Neutral
STOCH
46.30
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

Overall Rating
UnderperformOutperform
Sector (58)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
kr900.07M11.7914.01%5.68%-5.41%119.60%
66
Neutral
kr1.42B33.446.63%0.86%-32.38%
61
Neutral
€733.93M-1.92%-0.74%-1273.45%
58
Neutral
HK$13.95B4.43-3.01%7.31%3.67%-54.16%
55
Neutral
kr414.93M1,947.62-6.45%1.39%-20.56%-99.26%
52
Neutral
kr1.13B-5.77%10.33%82.28%
46
Neutral
kr412.38M-39.91%91.56%27.01%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:CTEK
CTEK AB
16.00
-3.76
-19.03%
SE:DORO
Doro AB
37.15
16.15
76.90%
SE:GAPW.B
Gapwaves AB Class B
13.24
-5.24
-28.35%
SE:KJELL
Kjell Group AB
12.50
-2.77
-18.13%
SE:MAVEN
Maven Wireless Sweden AB
8.00
-9.00
-52.94%
SE:NETI.B
Net Insight AB Class B
4.12
-2.34
-36.22%

CTEK AB Corporate Events

CTEK AB to Present Interim Report in Upcoming Audiocast
Jul 10, 2025

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
May 22, 2025

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
May 9, 2025

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.

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.Date of analysis: Jun 24, 2025