CTEK AB (CTEK) AI Stock Analysis

• Market Cap: €930.68M
• Dividend Yield: N/A
• Average Volume (3M): 165.19K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.67
• Revenue Growth: 6.91%
• EPS Growth: 80.87%
• Country: SE
• Employees: 205
• Sector: Industrials
• Sector Strength: 72
• Industry: Hardware, Equipment & Parts
• EPS (TTM): -0.01
• Shares Outstanding: 69,976,270
• 10 Day Avg. Volume: 123,017
• 30 Day Avg. Volume: 165,195
• PEG Ratio: 0.27
• Price to Book (P/B): 1.40
• Price to Sales (P/S): 1.06
• P/FCF Ratio: 18.12
• 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: €12.46
• Price Target Upside: -4.28% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 49 Neutral
• Price Target: kr12.50 ▼(-3.99% Downside)

CTEK AB's overall stock score is primarily influenced by its financial performance and valuation challenges. The company struggles with declining revenue and profitability, reflected in its negative net profit margin and P/E ratio. Technical analysis indicates a bearish trend, with the stock trading below key moving averages. Improvements in cash flow generation are noted, but significant efforts are needed to enhance profitability and operational efficiency.

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 faces challenges in revenue growth and profitability, with a declining revenue trend and negative net profit margin. The balance sheet shows manageable leverage but negative ROE, indicating difficulty in generating shareholder returns. Cash flow management is improving with strong free cash flow growth, but profitability and operational efficiency need enhancement.

Income Statement

CTEK AB's income statement shows a declining revenue trend with a negative revenue growth rate of -1.58% TTM. The company has struggled with profitability, as indicated by a negative net profit margin of -4.60% TTM. Despite a decent gross profit margin of 54.35% TTM, the EBIT margin is negative, reflecting operational challenges. The EBITDA margin is positive at 15.87% TTM, suggesting some operational efficiency, but overall profitability remains a concern.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio of 0.58 TTM, indicating manageable leverage. However, the return on equity is negative at -5.95% TTM, highlighting challenges in generating returns for shareholders. The equity ratio stands at 50.03% TTM, suggesting a balanced capital structure. While leverage is under control, the negative ROE is a significant weakness.

Cash Flow

CTEK AB's cash flow statement shows a strong free cash flow growth rate of 59.39% TTM, indicating improved cash generation. The operating cash flow to net income ratio is 0.48 TTM, suggesting reasonable cash conversion efficiency. However, the free cash flow to net income ratio is 0.33 TTM, reflecting some challenges in translating profits into cash flow. Overall, cash flow management appears to be improving, but there are areas for enhancement.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	911.30M	913.80M	884.20M	925.40M	895.30M	687.10M
Gross Profit	495.30M	484.60M	441.20M	453.40M	461.20M	357.30M
EBITDA	144.60M	97.70M	74.20M	117.00M	147.00M	223.90M
Net Income	-41.90M	-42.00M	-256.90M	2.70M	4.40M	82.00M
Balance Sheet
Total Assets	1.38B	1.42B	1.52B	1.71B	1.57B	1.45B
Cash, Cash Equivalents and Short-Term Investments	112.80M	141.80M	192.30M	10.00M	53.50M	94.70M
Total Debt	398.00M	410.90M	510.50M	694.10M	571.30M	845.60M
Total Liabilities	689.90M	726.30M	781.30M	1.05B	911.40M	1.17B
Stockholders Equity	690.80M	693.20M	735.10M	662.30M	655.00M	285.70M
Cash Flow
Free Cash Flow	31.40M	53.70M	49.70M	-165.10M	-95.40M	49.50M
Operating Cash Flow	94.80M	122.70M	135.20M	-46.60M	-28.40M	92.80M
Investing Cash Flow	-63.30M	-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: Neutral
• Last Price: 13.02
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• 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 Neutral. The current price of 13.02 is above the 20-day moving average (MA) of 12.75, above the 50-day MA of 12.98, and below the 200-day MA of 14.24, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 51.74 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:CTEK.

CTEK AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SGG	54 Neutral	kr445.07M	85.99	-3.48%	―	3.75%	-181.84%
FING.B	53 Neutral	kr256.73M	―	-95.82%	―	-72.31%	73.42%
RO	52 Neutral	kr252.77M	―	-19.05%	―	0.30%	-97.31%
CTEK	49 Neutral	€930.68M	―	-5.76%	―	6.91%	80.87%
ACCON	48 Neutral	€371.46M	―	-10.88%	―	7.93%	54.19%

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.