Duni AB (DUNI) AI Stock Analysis

• Market Cap: €4.89B
• Dividend Yield: 5.01%
• Average Volume (3M): 33.72K
• Price to Earnings (P/E): 14.9
• Beta (1Y): 0.42
• 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: €121.47
• Price Target Upside: 21.72% 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 ▲(9.22% 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 (DUNI) is a leading European provider of sustainable products and concepts for the table setting, take-away, and packaging sectors. The company specializes in manufacturing and supplying disposable tableware, napkins, and food packaging solutions, with a strong emphasis on environmentally friendly materials and designs. Duni operates primarily in the food service and retail markets, catering to restaurants, catering companies, and consumers who seek convenience without compromising on quality or sustainability.

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's financial statements present a mixed yet generally stable picture. The company shows strong financial stability with zero debt, though recent profit margins and cash flow performance signal some challenges. The company should focus on reigniting revenue growth and improving cash flow to ensure long-term sustainability.

Income Statement

Duni AB has shown a mixed performance on the income statement. The gross profit margin is strong, indicating good product profitability. However, the net profit margin has declined in the latest year, showing challenges in managing costs or other expenses. The revenue growth rate has fluctuated, with a recent decline, which could be concerning for future growth. The absence of EBIT in the latest year is notable, impacting operational efficiency measures.

Balance Sheet

The balance sheet of Duni AB is quite strong with zero total debt in the most recent year, resulting in a solid equity position. The debt-to-equity ratio is excellent, showing financial stability and low leverage risk. The return on equity has decreased, indicating reduced profitability from shareholder's equity. The equity ratio remains healthy, reflecting a strong financial foundation.

Cash Flow

Cash flow from operations has decreased from the previous year, indicating potential cash generation challenges. However, the company has maintained positive free cash flow. The operating cash flow to net income ratio remains solid, ensuring decent cash earnings quality. The free cash flow growth rate is negative, reflecting a decline in cash available after investments.

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: Positive
• Last Price: 99.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 Positive. The current price of 99.8 is above the 20-day moving average (MA) of 97.87, above the 50-day MA of 97.64, and above the 200-day MA of 93.98, indicating a bullish trend. The MACD of 0.14 indicates Negative momentum. The RSI at 57.52 is Neutral, neither overbought nor oversold. The STOCH value of 54.08 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:DUNI.

Duni AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ESSITY.A	75 Outperform	kr180.18B	14.63	―	3.19%	-1.91%	-40.37%
CLA.B	73 Outperform	kr11.36B	15.67	12.72%	2.79%	0.81%	57.02%
ESSITY.B	72 Outperform	kr178.56B	14.55	14.26%	3.19%	-1.91%	-40.37%
DUNI	71 Outperform	€4.89B	14.95	9.65%	5.01%	3.79%	39.15%
SCST	68 Neutral	kr6.36B	20.54	―	2.63%	7.37%	2.90%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
MSON.B	58 Neutral	€1.23B	―	-0.17%	2.27%	-2.95%	-112.90%

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.

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.

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.