CTT Systems AB (CTT) AI Stock Analysis

• Market Cap: kr1.64B
• Dividend Yield: 2.75%
• Average Volume (3M): 11.58K
• Price to Earnings (P/E): 111.4
• Beta (1Y): 0.67
• Revenue Growth: -3.14%
• EPS Growth: -35.70%
• Country: SE
• Employees: 86
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): 0.45
• Shares Outstanding: 12,529,443
• 10 Day Avg. Volume: 5,817
• 30 Day Avg. Volume: 11,579
• PEG Ratio: -1.18
• Price to Book (P/B): 9.53
• Price to Sales (P/S): 9.44
• P/FCF Ratio: 73.43
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 8.25
• Revenue Forecast (FY): kr427.00M

• Rating: 64 Neutral
• Price Target: kr142.00 ▼(-27.33% Downside)
• Action: Reiterated Date: 02/08/26
• Date: Action: Reiterated 02/08/26

The score is primarily supported by strong underlying profitability and a low-debt balance sheet, but is held back by deteriorating recent financial momentum (lower revenue/margins and weaker free cash flow) and very weak technicals (price below key moving averages and bearish momentum). Valuation is a secondary drag due to a high P/E despite a supportive dividend yield.

Positive Factors

High margins and profitability

Sustained high gross and net margins indicate durable product differentiation and pricing power in humidification/dehumidification systems. Strong margins support reinvestment, buffer volume volatility, and sustain attractive returns on capital across aircraft OEM and aftermarket cycles.

Negative Factors

Revenue decline

Declining revenue indicates weaker OEM orders or softer aftermarket demand, reducing scale and visibility. If sustained, lower volumes can erode fixed-cost absorption and limit ability to invest in program qualification or expand installed-base services over the next several quarters.

CTT Systems AB Business Overview & Revenue Model

Company Description

CTT Systems AB (publ) designs, manufactures, and supplies humidity control products for aircraft worldwide. The company offers humidifiers and dehumidifiers for passenger cabins, flight decks, crew rest compartments, and VIP/business jets; and act...

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CTT Systems AB (publ) designs, manufactures, and supplies humidity control products for aircraft worldwide. The company offers humidifiers and dehumidifiers for passenger cabins, flight decks, crew rest compartments, and VIP/business jets; and act...

How the Company Makes Money

CTT makes money primarily by selling aircraft environmental control equipment and related services into the commercial aviation value chain. Key revenue streams include: (1) Original equipment (OE) sales, where CTT supplies humidification and mois...

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CTT makes money primarily by selling aircraft environmental control equipment and related services into the commercial aviation value chain. Key revenue streams include: (1) Original equipment (OE) sales, where CTT supplies humidification and mois...

CTT Systems AB Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	264.40M	300.10M	308.90M	240.60M	151.30M
Gross Profit	186.40M	241.70M	247.70M	197.40M	118.50M
EBITDA	55.40M	119.90M	127.60M	98.90M	38.10M
Net Income	38.60M	85.50M	95.50M	66.30M	14.20M
Balance Sheet
Total Assets	355.80M	393.20M	417.30M	377.10M	328.60M
Cash, Cash Equivalents and Short-Term Investments	26.60M	68.70M	117.90M	60.10M	49.30M
Total Debt	35.50M	44.10M	41.80M	45.50M	72.20M
Total Liabilities	93.80M	102.70M	103.30M	107.80M	115.60M
Stockholders Equity	262.00M	290.50M	314.00M	269.30M	213.00M
Cash Flow
Free Cash Flow	34.00M	61.20M	109.10M	53.80M	21.70M
Operating Cash Flow	35.90M	66.30M	116.80M	61.20M	30.30M
Investing Cash Flow	-5.30M	-4.50M	-7.50M	-7.30M	-8.60M
Financing Cash Flow	-68.50M	-110.60M	-52.20M	-43.60M	6.60M

CTT Systems AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 195.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

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 195.4 is above the 20-day moving average (MA) of 136.02, above the 50-day MA of 147.71, and below the 200-day MA of 195.63, indicating a bearish trend. The MACD of -4.40 indicates Negative momentum. The RSI at 32.76 is Neutral, neither overbought nor oversold. The STOCH value of 17.72 is Positive, 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
SAAB.B	70 Outperform	kr344.43B	45.69	13.56%	0.39%	22.49%	30.47%
AVT.B	69 Neutral	kr388.58M	30.50	33.71%	1.22%	34.25%	57.77%
CTT	64 Neutral	kr1.64B	111.42	―	2.75%	-3.14%	-35.70%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
AAC	54 Neutral	kr818.84M	-13.95	-6.70%	―	30.82%	57.74%
MILDEF	53 Neutral	kr5.76B	37.97	10.29%	0.41%	47.87%	-439.87%
GOMX	48 Neutral	kr2.58B	-94.90	―	―	9.60%	40.86%

CTT Systems AB Corporate Events