CTT Systems AB (CTT) AI Stock Analysis

• Market Cap: kr2.36B
• Dividend Yield: 2.88%
• Average Volume (3M): 11.58K
• Price to Earnings (P/E): 41.3
• Beta (1Y): 0.80
• Revenue Growth: -3.14%
• EPS Growth: -35.70%
• Country: SE
• Employees: 86
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): 1.15
• Shares Outstanding: 12,529,443
• 10 Day Avg. Volume: 5,817
• 30 Day Avg. Volume: 11,579
• PEG Ratio: -3.92
• Price to Book (P/B): 12.13
• Price to Sales (P/S): 11.74
• P/FCF Ratio: 57.56
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: kr186.00 ▼(-0.43% Downside)

CTT Systems AB's overall stock score is primarily influenced by its strong financial performance, which is offset by weak technical indicators suggesting bearish momentum. The high P/E ratio raises valuation concerns, though the dividend yield provides some support. The absence of earnings call data and corporate events means these factors do not impact the score.

Positive Factors

Strong Profitability

High gross profit margins reflect the company's ability to maintain pricing power and cost efficiency, supporting long-term financial health.

Stable Balance Sheet

A strong balance sheet with low leverage provides financial stability and flexibility to invest in growth opportunities and weather economic downturns.

Effective Cash Management

Effective cash management ensures the company can fund operations, invest in growth, and return value to shareholders, supporting long-term sustainability.

Negative Factors

Decline in Revenue Growth

Negative revenue growth suggests difficulties in market expansion or product adoption, which could limit future profitability and competitive positioning.

Free Cash Flow Decline

A decline in free cash flow growth may constrain the company's ability to invest in new projects and technologies, impacting long-term growth prospects.

Decreased Net Profit Margin

A decreasing net profit margin can indicate rising costs or pricing pressures, potentially affecting the company's ability to sustain profitability over time.

CTT Systems AB Business Overview & Revenue Model

Company Description

CTT Systems AB (CTT) is a Swedish aerospace company specializing in innovative solutions for aircraft environmental control systems. The company primarily operates in the aviation sector, focusing on moisture control systems that enhance cabin air quality and reduce maintenance costs for airlines. CTT's core products include its Zonal Drying® technology, which prevents condensation in aircraft structures, and its humidity control systems that ensure optimal conditions for passengers and cargo.

How the Company Makes Money

CTT generates revenue primarily through the sale and installation of its moisture control systems in commercial and regional aircraft. The company earns money from both new aircraft manufacturers and through retrofitting existing aircraft with its technology. Key revenue streams include direct sales to aircraft manufacturers, maintenance contracts, and service agreements that provide ongoing support and upgrades for their systems. CTT has established partnerships with several leading aircraft manufacturers and airlines, which not only enhance its credibility in the market but also contribute significantly to its revenue through long-term contracts and collaborations.

CTT Systems AB Financial Statement Overview

Summary

CTT Systems AB exhibits strong profitability and a stable balance sheet, with effective management of debt and equity. However, recent declines in revenue growth and free cash flow growth present challenges. The company needs to address these growth issues to maintain its financial health and support future expansion.

Income Statement

CTT Systems AB shows strong profitability with a consistent gross profit margin above 75% in TTM and previous years. However, recent revenue growth has been negative, indicating potential challenges in expanding sales. The net profit margin remains healthy, though it has decreased in the TTM period. Overall, the company demonstrates solid profitability but faces growth challenges.

Balance Sheet

The balance sheet is robust with a low debt-to-equity ratio, indicating conservative leverage. Return on equity is strong, reflecting efficient use of equity to generate profits. The equity ratio is stable, suggesting a solid financial foundation. The company maintains a healthy balance between debt and equity, supporting financial stability.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth in the TTM period, which could impact future investments. The operating cash flow to net income ratio has decreased, indicating potential cash generation issues. Despite these challenges, the free cash flow to net income ratio remains strong, suggesting effective cash management relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	289.80M	300.10M	308.90M	244.00M	151.30M	200.80M
Gross Profit	182.10M	241.70M	247.70M	197.40M	118.50M	149.20M
EBITDA	81.70M	119.90M	127.60M	98.90M	38.10M	47.60M
Net Income	57.10M	85.50M	95.50M	66.30M	14.20M	31.10M
Balance Sheet
Total Assets	350.20M	393.20M	417.30M	377.10M	328.60M	307.50M
Cash, Cash Equivalents and Short-Term Investments	34.80M	68.70M	117.90M	60.10M	49.30M	21.60M
Total Debt	36.70M	44.10M	41.80M	45.50M	72.20M	36.90M
Total Liabilities	93.80M	102.70M	103.30M	107.80M	115.60M	87.00M
Stockholders Equity	256.40M	290.50M	314.00M	269.30M	213.00M	220.50M
Cash Flow
Free Cash Flow	53.10M	61.20M	109.10M	53.80M	21.70M	-44.50M
Operating Cash Flow	56.90M	66.30M	116.80M	61.20M	30.30M	-10.80M
Investing Cash Flow	-4.10M	-4.50M	-7.50M	-7.30M	-8.60M	-33.60M
Financing Cash Flow	-68.60M	-110.60M	-52.20M	-43.60M	6.60M	-41.20M

CTT Systems AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 186.80
• 50DMA: Negative
• 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:CTT, the sentiment is Negative. The current price of 186.8 is above the 20-day moving average (MA) of 183.66, below the 50-day MA of 195.12, and below the 200-day MA of 211.68, indicating a neutral trend. The MACD of -2.33 indicates Negative momentum. The RSI at 46.56 is Neutral, neither overbought nor oversold. The STOCH value of 73.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:CTT.

CTT Systems AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AVT.B	77 Outperform	€562.54M	32.71	35.19%	1.03%	34.25%	57.77%
SAAB.B	70 Outperform	kr280.95B	54.25	13.56%	0.41%	22.49%	30.47%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
CTT	61 Neutral	kr2.36B	41.25	―	2.88%	-3.14%	-35.70%
AAC	59 Neutral	kr573.33M	-23.52	-3.61%	―	30.82%	57.74%
GOMX	48 Neutral	€2.60B	―	―	―	9.60%	40.86%
MILDEF	42 Neutral	€7.31B	-33.22	-16.38%	0.38%	47.87%	-439.87%

CTT Systems AB Corporate Events

CTT Systems AB Reports Strong Q3 Growth and Positive Outlook for 2026

CTT Systems AB reported a 29% increase in net sales for Q3 2025, driven by higher sales in private jets, OEM, and retrofit sectors. Despite challenges such as currency fluctuations and delivery delays, the company sees a strong growth outlook for 2026, with increased demand in the OEM market and private jet sector, while maintaining stable aftermarket sales.

The most recent analyst rating on (SE:CTT) stock is a Hold with a SEK205.00 price target. To see the full list of analyst forecasts on CTT Systems AB stock, see the SE:CTT Stock Forecast page.

CTT Systems AB Announces 2026 AGM Nomination Committee

CTT Systems AB has announced the formation of its nomination committee for the Annual General Meeting scheduled for May 7, 2026. The committee consists of representatives from major shareholders, and shareholders are invited to submit proposals until February 17, 2026. This announcement is part of the company’s ongoing governance and strategic planning efforts.

The most recent analyst rating on (SE:CTT) stock is a Hold with a SEK243.00 price target. To see the full list of analyst forecasts on CTT Systems AB stock, see the SE:CTT Stock Forecast page.