Drillcon AB (SE:DRIL)
:DRIL
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Drillcon AB
(DRIL)
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Rating:49Neutral
Price Target:
kr4.00
▲(2.83% Upside)
Action:ReiteratedDate: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-based business model
A contract drilling services model ties revenue to multi-period drilling contracts and usage of rigs/crews, creating recurring cash opportunities tied to project pipelines. This service orientation supports steady demand from mining and construction customers and predictable billing structures over time.
Negative Factors
Revenue contraction trend
Sequential revenue weakness into 2024–2025 signals reduced utilization or fewer projects, weakening the top-line base. Persistent revenue declines undermine fixed-cost absorption, pressure margins and cash flow, and make recovery dependent on cyclical mining budgets or new contract wins.
Read all positive and negative factors
Positive Factors
Negative Factors
Service-based business model
A contract drilling services model ties revenue to multi-period drilling contracts and usage of rigs/crews, creating recurring cash opportunities tied to project pipelines. This service orientation supports steady demand from mining and construction customers and predictable billing structures over time.
Read all positive factors
Drillcon AB (DRIL) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr176.17M
Dividend Yield6.35%
Average Volume (3M)13.85K
Price to Earnings (P/E)3848.0
Beta (1Y)<0.01
Revenue Growth-4.44%
EPS Growth-68.88%
CountrySE
Employees283
SectorIndustrials
Sector Strength72
IndustrySpecialty Business Services
Share Statistics
EPS (TTM)0.14
Shares Outstanding44,600,000
10 Day Avg. Volume13,830
30 Day Avg. Volume13,845
Financial Highlights & Ratios
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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...
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...
Drillcon AB Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
58
Neutral
Cash Flow
44
Neutral
| 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
Negative
3.89
Price Trends
4.12
Negative
4.05
Negative
4.07
Negative
Market Momentum
-0.07
Positive
46.59
Neutral
35.23
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 4.13, below the 50-day MA of 4.12, and below the 200-day MA of 4.07, indicating a bearish trend. The MACD of -0.07 indicates Positive momentum. The RSI at 46.59 is Neutral, neither overbought nor oversold. The STOCH value of 35.23 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
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | kr2.52B | 36.71 | 9.66% | 0.82% | 3.86% | -28.91% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | kr682.71M | 17.42 | ― | 2.45% | 4.27% | -3.28% | |
50 Neutral | kr643.93M | 28.32 | 2.34% | ― | 4.24% | 29.69% | |
49 Neutral | kr176.17M | 3,848.05 | ― | 6.35% | -4.44% | -68.88% | |
48 Neutral | kr1.31B | 58.96 | 0.72% | ― | -6.38% | ― | |
44 Neutral | kr906.65M | -12.66 | -39.97% | ― | 11.85% | 6.39% |
* Industrials Sector Average
SE:DRIL
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.