Drillcon AB (DRIL) AI Stock Analysis

• Market Cap: kr175.72M
• Dividend Yield: 6.35%
• Average Volume (3M): 13.85K
• Price to Earnings (P/E): 3848.0
• Beta (1Y): 0.04
• Revenue Growth: -4.44%
• EPS Growth: -68.88%
• Country: SE
• Employees: 283
• Sector: Industrials
• Sector Strength: 72
• Industry: Specialty Business Services
• EPS (TTM): 0.14
• Shares Outstanding: 44,600,000
• 10 Day Avg. Volume: 13,830
• 30 Day Avg. Volume: 13,845
• PEG Ratio: -38.57
• Price to Book (P/B): 0.97
• Price to Sales (P/S): 0.42
• P/FCF Ratio: -4.26
• 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): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: kr4.00 ▲(2.83% Upside)
• Action: Reiterated Date: 03/12/26
• Date: Action: Reiterated 03/12/26

The score is held back mainly by deteriorating 2025 financial performance (near-zero net income, sharply negative free cash flow, and higher debt) and very weak earnings-based valuation (extremely high P/E). Technicals are somewhat supportive with the price above major moving averages, but mixed momentum limits the upside to the overall score.

Positive Factors

Service-oriented business model

Drillcon's pure-service contract drilling model creates recurring revenue from project contracts and long site engagements. Being a service provider (vs. product seller) reduces inventory risk, supports repeat business with miners/contractors, and leverages crew/rig utilization for durable revenue streams.

Negative Factors

Revenue volatility and recent declines

Volatile top-line with contractions in 2024–2025 undermines revenue visibility and makes capacity planning harder. For a resource-services firm, inconsistent revenue reduces utilization predictability, pressures per-rig economics, and complicates multi-period contract pricing and investment decisions over the intermediate term.

Drillcon AB Business Overview & Revenue Model

Company Description

Drillcon AB (publ), together with its subsidiaries, operates as a diamond core drilling and raise boring contractor in Europe, Latin America, and internationally. The company offers various drilling services, such as surface and underground core d...

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Drillcon AB (publ), together with its subsidiaries, operates as a diamond core drilling and raise boring contractor in Europe, Latin America, and internationally. The company offers various drilling services, such as surface and underground core d...

How the Company Makes Money

Drillcon makes money primarily by selling contract drilling services to customers in mining and construction. Revenue is generated through service contracts where the company is paid for performing drilling work (e.g., exploration drilling for min...

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Drillcon makes money primarily by selling contract drilling services to customers in mining and construction. Revenue is generated through service contracts where the company is paid for performing drilling work (e.g., exploration drilling for min...

Drillcon AB Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	394.57M	416.38M	472.86M	413.97M	374.07M
Gross Profit	8.34M	25.49M	411.83M	352.63M	326.60M
EBITDA	41.42M	60.08M	61.02M	38.79M	22.50M
Net Income	43.00K	20.01M	20.99M	3.64M	-6.87M
Balance Sheet
Total Assets	406.13M	362.81M	349.04M	355.30M	323.49M
Cash, Cash Equivalents and Short-Term Investments	37.22M	51.27M	56.46M	19.60M	10.30M
Total Debt	130.50M	92.51M	83.51M	111.15M	75.48M
Total Liabilities	235.78M	190.71M	184.24M	209.15M	182.82M
Stockholders Equity	170.34M	172.10M	164.80M	146.15M	140.67M
Cash Flow
Free Cash Flow	-38.85M	5.00M	66.23M	-22.96M	-56.61M
Operating Cash Flow	34.08M	43.14M	73.46M	1.27M	-665.00K
Investing Cash Flow	-72.93M	-38.14M	-6.64M	-24.23M	-53.31M
Financing Cash Flow	26.60M	-8.64M	-27.61M	34.91M	16.27M

Drillcon AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.89
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:DRIL, the sentiment is Negative. The current price of 3.89 is below the 20-day moving average (MA) of 4.11, below the 50-day MA of 4.11, and below the 200-day MA of 4.07, indicating a bearish trend. The MACD of -0.07 indicates Positive momentum. The RSI at 46.23 is Neutral, neither overbought nor oversold. The STOCH value of 49.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:DRIL.

Drillcon AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SVIK	69 Neutral	kr2.53B	36.71	9.66%	0.82%	3.86%	-28.91%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
RAIL	55 Neutral	kr687.54M	17.42	―	2.45%	4.27%	-3.28%
NORB.B	50 Neutral	kr658.24M	28.32	2.34%	―	4.24%	29.69%
DRIL	49 Neutral	kr175.72M	3,848.05	―	6.35%	-4.44%	-68.88%
ELTEL	48 Neutral	kr1.33B	58.96	0.72%	―	-6.38%	―
SALT.B	44 Neutral	kr907.80M	-12.66	-39.97%	―	11.85%	6.39%