CTT Systems AB (CTT) AI Stock Analysis

• Market Cap: kr2.58B
• Dividend Yield: 2.69%
• Average Volume (3M): 11.58K
• Price to Earnings (P/E): 47.6
• Beta (1Y): 0.81
• Revenue Growth: -13.34%
• EPS Growth: -46.12%
• 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

• Rating: 56 Neutral
• Price Target: kr205.00 ▲(4.06% Upside)

CTT Systems AB's overall stock score is primarily impacted by its strong financial performance, despite challenges in revenue and cash flow growth. Technical analysis indicates bearish momentum, and the stock appears overvalued based on its P/E ratio. The dividend yield offers some compensation, but the lack of earnings call and corporate events data limits further insights.

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's financial performance is strong, with high profitability and a robust balance sheet characterized by low leverage and high equity. While revenue has slightly declined, the company maintains effective cost management and profitability. Cash flow generation remains strong, despite a recent drop in free cash flow. Overall, CTT Systems AB is in a stable financial position with potential for growth if revenue trends improve.

Income Statement

CTT Systems AB demonstrates strong profitability with a consistent gross profit margin (TTM: 78.26%) and net profit margin (TTM: 23.40%). The company has shown a slight decline in revenue (TTM Revenue Growth Rate: -8.01%), indicating challenges in maintaining growth. However, the EBIT margin (31.76%) and EBITDA margin (33.06%) remain solid, showcasing efficient cost management.

Balance Sheet

The balance sheet reflects a stable financial structure with a favorable debt-to-equity ratio of 0.14, indicating low leverage risks. The equity ratio is strong at 73.13%, suggesting robust asset financing through equity. ROE stands at 21.96%, highlighting effective use of equity to generate profits.

Cash Flow

CTT Systems AB has a healthy operating cash flow to net income ratio of 0.69, demonstrating efficient cash generation from operations. However, the free cash flow growth rate is negative (-35.46%), indicating a decrease in free cash flow over the TTM period. The free cash flow to net income ratio is 0.61, reflecting a solid conversion of net income to free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	273.40M	300.10M	308.90M	244.00M	151.30M	200.80M
Gross Profit	207.00M	241.70M	247.70M	197.40M	118.50M	149.20M
EBITDA	78.30M	119.90M	127.60M	98.90M	38.10M	47.60M
Net Income	54.90M	85.50M	95.50M	66.30M	14.20M	31.10M
Balance Sheet
Total Assets	339.40M	393.20M	417.30M	377.10M	328.60M	307.50M
Cash, Cash Equivalents and Short-Term Investments	2.40M	68.70M	117.90M	60.10M	49.30M	21.60M
Total Debt	37.40M	44.10M	41.80M	45.50M	72.20M	36.90M
Total Liabilities	97.40M	102.70M	103.30M	107.80M	115.60M	87.00M
Stockholders Equity	242.00M	290.50M	314.00M	269.30M	213.00M	220.50M
Cash Flow
Free Cash Flow	26.60M	61.20M	109.10M	53.80M	21.70M	-44.50M
Operating Cash Flow	31.90M	66.30M	116.80M	61.20M	30.30M	-10.80M
Investing Cash Flow	-5.10M	-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: 197.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• 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 197 is below the 20-day moving average (MA) of 211.03, below the 50-day MA of 222.76, and below the 200-day MA of 222.45, indicating a bearish trend. The MACD of -6.60 indicates Positive momentum. The RSI at 30.61 is Neutral, neither overbought nor oversold. The STOCH value of 12.74 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
AVT.B	77 Outperform	€564.80M	32.84	35.19%	1.05%	34.25%	57.77%
SAAB.B	68 Neutral	kr263.75B	50.71	14.05%	0.41%	22.75%	41.98%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
CTT	56 Neutral	kr2.58B	47.58	―	2.69%	-13.34%	-46.12%
MILDEF	55 Neutral	€9.38B	―	-19.55%	0.25%	24.94%	-578.00%
AAC	54 Neutral	kr674.20M	―	-0.45%	―	49.12%	97.26%
GOMX	51 Neutral	kr2.87B	―	―	―	9.60%	40.86%

CTT Systems AB Corporate Events

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.