Duroc AB Class B (DURC.B) AI Stock Analysis

• Market Cap: kr653.25M
• Dividend Yield: 2.3%
• Average Volume (3M): 5.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.48
• Revenue Growth: -4.95%
• EPS Growth: -157.76%
• Country: SE
• Employees: 845
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Apparel - Manufacturers
• EPS (TTM): -0.35
• Shares Outstanding: 29,066,784
• 10 Day Avg. Volume: 5,124
• 30 Day Avg. Volume: 5,697
• PEG Ratio: 3.07
• Price to Book (P/B): 0.59
• Price to Sales (P/S): 0.21
• P/FCF Ratio: 13.62
• 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: 56 Neutral
• Price Target: kr17.50 ▲(15.89% Upside)

The score is held back primarily by weak financial performance (losses, margin pressure, and poor cash conversion), partially offset by solid technical momentum with the price trading above major moving averages. Valuation remains a concern due to a negative P/E, with only modest support from the dividend yield.

Positive Factors

Acquisition-driven niche industrial model

Duroc’s model of acquiring and developing niche industrial businesses creates durable competitive positions via specialization and scale benefits. Over 2–6 months this supports stable B2B customer relationships, recurring service revenues and scope for margin improvement through integration and cross-selling.

Manageable leverage and healthy equity ratio

A solid capital structure with manageable leverage preserves financial flexibility for capital expenditure, acquisitions or downturns. This durable balance-sheet strength reduces refinancing risk and supports strategic investments without forcing distress sales or excessive dilution over the medium term.

Positive free cash flow growth trend

Rising free cash flow provides a sustainable funding source for reinvestment, acquisitions and shareholder returns. Even if earnings are weak, positive FCF growth enhances resilience, lowers reliance on external financing and enables selective strategic moves over the coming months.

Negative Factors

Negative net profit margins and weak profitability

Persistent negative net margins and deteriorating gross margin indicate structural profitability issues. Over months this reduces retained earnings, weakens ROE, constrains reinvestment capacity and limits the company’s ability to improve competitiveness without clear margin-recovery actions.

Declining revenue growth

Negative revenue growth suggests waning demand or execution problems in core industrial segments. Continued top-line contraction undermines operating leverage, makes margin recovery harder and raises risk that scale-dependent efficiencies and acquisition paybacks are harder to realize.

Inefficient conversion of earnings to cash

Low conversion of reported earnings into operating cash reduces financial resilience despite FCF growth. Structurally weak cash conversion limits capacity to fund capex, acquisitions or dividends from profits, forcing reliance on balance-sheet moves that can be costly or dilutive over time.

Duroc AB Class B Business Overview & Revenue Model

Company Description

Duroc AB (publ), through its subsidiaries, engages in the fiber, industrial trade, and other businesses in Sweden, Europe, and the United States. The company manufactures polypropylene-based fibers and yarns for the automotive, construction, furniture, and filter industries; and textiles for greenhouses. It also distributes diesel engines for industrial and marine uses, as well as provides related spare parts, service, repairs, and others; and trades in machine tools, including automation solutions, tools, service, and support for engineering companies. The company engages in the maintenance of railway wheels for locomotives and freight wagons to rail operators; and renovation and manufacturing of industrial components based on laser surface treatment technology. Duroc AB (publ) was founded in 1987 and is headquartered in Stockholm, Sweden.

How the Company Makes Money

Duroc AB generates revenue through multiple streams, including the sale of manufactured products, which encompass a range of materials and components tailored for different industries. The company capitalizes on its expertise in production and supply chain management, ensuring competitive pricing and reliability. Key revenue streams include direct sales to businesses in construction and automotive sectors, as well as partnerships with distributors and retailers to expand market reach. Additionally, Duroc AB may benefit from long-term contracts and collaborations with major clients, providing steady income and enhancing customer loyalty. The company's focus on innovation and sustainability also positions it to tap into emerging markets and trends, potentially increasing its earnings through new product development and service offerings.

Duroc AB Class B Financial Statement Overview

Summary

Duroc AB Class B's financial performance is challenged by declining revenue growth and negative net profit margins. The income statement shows significant pressure on profitability, while the balance sheet remains stable with a manageable debt-to-equity ratio. Cash flow analysis indicates positive free cash flow growth, but the company struggles with efficient cash conversion.

Income Statement

Duroc AB Class B's income statement reveals a challenging period with declining revenue growth and negative net profit margins in the TTM. The gross profit margin has decreased significantly from previous years, indicating pressure on profitability. Despite a slight improvement in EBIT and EBITDA margins, the overall financial performance remains weak due to negative net income.

Balance Sheet

The balance sheet shows a stable debt-to-equity ratio, indicating manageable leverage. However, the return on equity is negative, reflecting the company's struggle to generate profits from its equity base. The equity ratio remains healthy, suggesting a solid capital structure despite profitability challenges.

Cash Flow

Cash flow analysis indicates a positive trend in free cash flow growth, which is a positive sign. However, the operating cash flow to net income ratio is low, suggesting that the company is not efficiently converting its earnings into cash. The free cash flow to net income ratio is moderate, indicating some ability to generate cash relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.94B	3.01B	3.11B	3.49B	3.72B	3.25B
Gross Profit	627.10M	1.28B	1.32B	1.36B	1.40B	1.34B
EBITDA	108.50M	136.10M	147.40M	-94.80M	180.30M	189.30M
Net Income	-13.30M	-1.90M	22.60M	-238.10M	64.90M	55.40M
Balance Sheet
Total Assets	2.07B	1.92B	1.85B	1.88B	2.38B	2.09B
Cash, Cash Equivalents and Short-Term Investments	92.90M	121.40M	94.50M	26.60M	26.10M	59.90M
Total Debt	464.20M	304.80M	209.60M	277.90M	422.20M	343.30M
Total Liabilities	988.30M	812.30M	692.00M	793.90M	1.14B	1.02B
Stockholders Equity	1.05B	1.07B	1.13B	1.09B	1.24B	1.07B
Cash Flow
Free Cash Flow	72.00M	46.40M	63.80M	155.70M	-104.20M	-23.50M
Operating Cash Flow	166.30M	129.20M	96.60M	217.20M	-36.80M	70.60M
Investing Cash Flow	-152.10M	-129.80M	-36.80M	-61.30M	-61.70M	-75.30M
Financing Cash Flow	17.10M	26.40M	3.10M	-145.60M	60.70M	-71.50M

Duroc AB Class B Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.10
• 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:DURC.B, the sentiment is Positive. The current price of 15.1 is below the 20-day moving average (MA) of 15.62, below the 50-day MA of 15.48, and below the 200-day MA of 15.89, indicating a bullish trend. The MACD of 0.17 indicates Negative momentum. The RSI at 63.61 is Neutral, neither overbought nor oversold. The STOCH value of 68.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:DURC.B.

Duroc AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NIL.B	73 Outperform	kr734.29M	12.63	16.85%	2.33%	4.54%	15.80%
BORG	69 Neutral	kr1.47B	17.54	23.44%	4.95%	9.20%	11.72%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
DURC.B	56 Neutral	kr653.25M	-48.75	-1.19%	2.30%	-4.95%	-157.76%
BULTEN	56 Neutral	kr1.04B	-173.66	-0.32%	5.49%	-10.68%	-103.85%
BOAT	47 Neutral	kr558.47M	-4.80	-11.15%	―	-17.48%	20.08%
BALCO	47 Neutral	kr382.16M	-10.33	-4.80%	―	-0.80%	-442.39%

Duroc AB Class B Corporate Events

Duroc Sells IFG Asota to Beaulieu, Sharpening Shift Toward Industrial & Trading

Duroc AB has agreed to sell all shares in its Linz-based fibre subsidiary IFG Asota GmbH to Beaulieu International Group for an enterprise value of about SEK 175 million, a move that will leave the group pro forma net debt-free despite an accounting loss of around SEK 35 million on the deal. Alongside the divestment, IFG Exelto NV has signed a toll manufacturing agreement with the buyer, which will also acquire production equipment for EUR 3 million and obtain an option to assess a purchase of UK unit IFG Drake Limited, underscoring Duroc’s broader strategy to exit its structurally challenged European fibre and polymer business and redeploy capital into acquisitions and expansion within its stronger Industrial & Trading operations; the transaction, expected to close in February 2026 subject to regulatory approvals, marks a key step in the group’s ongoing strategic rebalancing aimed at delivering more stable long-term value for shareholders.

The most recent analyst rating on ($SE:DURC.B) stock is a Sell with a SEK14.00 price target. To see the full list of analyst forecasts on Duroc AB Class B stock, see the SE:DURC.B Stock Forecast page.