Duni AB (DUNI) AI Stock Analysis

• Market Cap: kr4.93B
• Dividend Yield: 4.83%
• Average Volume (3M): 33.72K
• Price to Earnings (P/E): 15.1
• Beta (1Y): 0.44
• Revenue Growth: 3.79%
• EPS Growth: 39.15%
• Country: SE
• Employees: 2,717
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Household & Personal Products
• EPS (TTM): 2.23
• Shares Outstanding: 46,999,030
• 10 Day Avg. Volume: 32,003
• 30 Day Avg. Volume: 33,717
• PEG Ratio: -0.51
• Price to Book (P/B): 1.26
• Price to Sales (P/S): 0.58
• P/FCF Ratio: 20.05
• 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: kr121.00
• Price Target Upside: 14.37% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 71 Outperform
• Price Target: kr109.00 ▲(3.02% Upside)

Duni AB's overall stock score is driven by its strong valuation, characterized by a reasonable P/E ratio and high dividend yield. Financial performance is solid, with strong revenue growth and a stable balance sheet, though profit margins and cash flow efficiency need improvement. Technical indicators suggest a neutral to slightly positive outlook.

Positive Factors

Strong Balance Sheet

A strong balance sheet with zero debt indicates financial stability and low leverage risk, providing a solid foundation for future growth and investment opportunities.

Sustainability Focus

Duni's commitment to sustainability aligns with growing consumer demand for eco-friendly products, potentially enhancing its market position and driving long-term revenue growth.

Strategic Partnerships

Strategic partnerships enhance product availability and market reach, supporting revenue streams and competitive positioning in the industry.

Negative Factors

Declining Net Profit Margins

Declining net profit margins indicate challenges in cost management, which could affect profitability and limit resources for reinvestment and growth.

Cash Flow Challenges

Decreased cash flow from operations suggests potential difficulties in cash generation, which could impact the company's ability to fund operations and growth initiatives.

Revenue Growth Concerns

Fluctuating and recently declining revenue growth may signal market challenges or competitive pressures, potentially impacting long-term business expansion.

Duni AB Business Overview & Revenue Model

Company Description

Duni AB (publ) develops, manufactures, and sells concepts and products for the serving and packaging of meals. The company's products include napkins, table coverings, take away boxes and bowls, take away bags and wraps, plates, amuse bouche, cutlery, and cups and glasses; and candles, LED, dining accessories, accessories, duniform sealable packaging, hygiene, and gift bags and wrappings. It offers products of the set table through its brands Duni; and durable packaging and other products for take-away through BioPak brand. The company offers its products to hotels, restaurants, catering, and retail outlets; and fast food, café, and take-away. Duni AB (publ) was founded in 1949 and is headquartered in Malmö, Sweden.

How the Company Makes Money

Duni AB generates revenue through multiple key streams, primarily by selling its range of disposable tableware and food packaging products to various sectors, including food service, retail, and catering. The company capitalizes on its commitment to sustainability by offering eco-friendly products made from renewable materials, which appeals to a growing segment of environmentally conscious consumers and businesses. Additionally, Duni's revenue model is supported by strategic partnerships with distributors and retailers, allowing for widespread product availability. The company also engages in innovation and product development, continually enhancing its offerings to meet market demands and trends, thereby contributing to its overall earnings.

Duni AB Financial Statement Overview

Summary

Duni AB demonstrates strong revenue growth and a stable financial position. However, declining profit margins and moderate cash flow efficiency suggest areas for improvement. The balance sheet remains robust with manageable leverage, supporting long-term financial health.

Income Statement

Duni AB's income statement shows a strong revenue growth trajectory, with a notable 80.4% increase in TTM. The gross profit margin is stable at around 22%, indicating efficient cost management. However, the net profit margin has decreased to 2.85% in TTM, suggesting increased expenses or cost pressures. The EBIT and EBITDA margins have also declined, reflecting potential operational challenges.

Balance Sheet

The balance sheet reflects a solid equity base with a debt-to-equity ratio of 0.49 in TTM, indicating manageable leverage. Return on equity is moderate at 6.47%, showing room for improvement in profitability. The equity ratio is strong, suggesting financial stability and a solid asset base.

Cash Flow

Cash flow analysis reveals a positive trend with a 41.6% growth in free cash flow in TTM. The operating cash flow to net income ratio is 0.23, indicating moderate cash generation efficiency. However, the free cash flow to net income ratio of 0.53 suggests that not all earnings are translating into free cash flow, highlighting potential cash management issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.78B	7.58B	7.72B	6.98B	5.06B	4.50B
Gross Profit	1.88B	1.73B	1.72B	1.19B	929.00M	814.00M
EBITDA	662.00M	695.00M	948.00M	621.00M	430.00M	332.00M
Net Income	327.00M	257.00M	390.00M	200.00M	76.00M	4.00M
Balance Sheet
Total Assets	8.19B	7.57B	6.91B	7.34B	6.40B	5.78B
Cash, Cash Equivalents and Short-Term Investments	293.00M	323.00M	488.00M	372.00M	396.00M	364.00M
Total Debt	1.63B	1.11B	952.00M	1.57B	1.61B	1.49B
Total Liabilities	4.24B	3.36B	2.93B	3.60B	3.68B	3.15B
Stockholders Equity	3.32B	3.51B	3.42B	3.21B	2.63B	2.54B
Cash Flow
Free Cash Flow	337.00M	221.00M	1.02B	-83.00M	-11.00M	200.00M
Operating Cash Flow	566.00M	437.00M	1.19B	48.00M	66.00M	282.00M
Investing Cash Flow	-706.00M	-458.00M	-171.00M	208.00M	-104.00M	-104.00M
Financing Cash Flow	113.00M	-144.00M	-893.00M	-298.00M	64.00M	-111.00M

Duni AB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 105.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:DUNI, the sentiment is Neutral. The current price of 105.8 is above the 20-day moving average (MA) of 105.24, above the 50-day MA of 101.69, and above the 200-day MA of 95.30, indicating a neutral trend. The MACD of 0.91 indicates Positive momentum. The RSI at 51.92 is Neutral, neither overbought nor oversold. The STOCH value of 51.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:DUNI.

Duni AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CLA.B	73 Outperform	kr12.57B	17.33	12.72%	2.74%	0.81%	57.02%
DUNI	71 Outperform	kr4.93B	15.06	9.65%	4.83%	3.79%	39.15%
SCST	68 Neutral	kr7.06B	22.78	―	2.56%	7.37%	2.90%
ESSITY.B	67 Neutral	kr181.44B	14.33	14.26%	3.13%	-1.91%	-40.37%
ESSITY.A	65 Neutral	kr181.44B	14.29	―	3.14%	-1.91%	-40.37%
MSON.B	63 Neutral	kr1.43B	143.31	-0.17%	2.34%	-2.95%	-112.90%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Duni AB Corporate Events

Duni AB Announces Nomination Committee for 2026 AGM

Duni AB has announced the formation of its Nomination Committee ahead of the 2026 Annual General Meeting, which will be held in Malmö on May 18, 2026. The committee, comprising representatives from Mellby Gård AB, Duni AB’s Board, Protector Forsikring ASA, and Carnegie Fonder AB, is tasked with proposing the composition of the Board of Directors. This move is part of Duni’s governance process, ensuring stakeholder involvement in key company decisions.

The most recent analyst rating on (SE:DUNI) stock is a Buy with a SEK121.00 price target. To see the full list of analyst forecasts on Duni AB stock, see the SE:DUNI Stock Forecast page.

Duni Group Reports Q3 Growth and Sets New Targets for 2026

Duni Group reported a 3.3% increase in net sales for Q3 2025, with a significant 7.9% rise when adjusted for exchange rates, driven by acquisitions. The company’s operating income improved by over 10% despite challenging market conditions, attributed to efficiency improvements and cost control. The acquisition of ByGreen by BioPak Group aims to enhance Duni’s sustainable product offerings. The Board has set new targets for 2026, focusing on growth, dividends, and sustainability, with a strategic direction towards profitable and sustainable growth by 2030.

The most recent analyst rating on (SE:DUNI) stock is a Buy with a SEK104.00 price target. To see the full list of analyst forecasts on Duni AB stock, see the SE:DUNI Stock Forecast page.

Duni Group Sets Ambitious New Targets for 2026

Duni Group has announced updated financial and sustainability targets effective from January 2026, reflecting a strategic shift to enhance growth and sustainability. The new targets include a minimum 6% annual sales growth, a dividend policy of over 50% of net profit, and a continued focus on sustainability with goals set for climate, circularity, supplier responsibility, and workplace safety. These changes align with Duni’s long-term strategy to drive sustainable growth and strengthen its position as a credible leader in the industry.

The most recent analyst rating on (SE:DUNI) stock is a Buy with a SEK104.00 price target. To see the full list of analyst forecasts on Duni AB stock, see the SE:DUNI Stock Forecast page.