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Elanders AB Class B (SE:ELAN.B)
:ELAN.B
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Elanders AB Class B (ELAN.B) AI Stock Analysis

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SE:ELAN.B

Elanders AB Class B

(ELAN.B)

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Neutral 54 (OpenAI - 5.2)
Rating:54Neutral
Price Target:
kr51.00
▼(-23.08% Downside)
Action:Reiterated
Date:07/16/26
The score is held back primarily by financial performance: thin/volatile net profitability and elevated leverage reduce resilience despite solid free cash flow. Technicals are a positive contributor with improving near-to-mid-term momentum, while valuation is a mild headwind due to the high P/E partially offset by a ~4.19% dividend yield.
Positive Factors
Strong cash generation
Consistent positive operating and free cash flow provides durable financial flexibility: FCF exceeding net income funds working-capital needs, capital expenditures, and dividends or debt reduction without relying on equity raises. This cushions the business through cyclical demand swings and supports strategic investments or restructuring over months.
Negative Factors
Elevated leverage
High debt relative to equity and modest returns constrain strategic flexibility: elevated leverage increases interest expense sensitivity, limits capacity for acquisitions or capex, and raises refinancing risk if cash flows weaken. Persistent leverage near 2.5x reduces resilience to macro shocks or higher rates over the next several months.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation
Consistent positive operating and free cash flow provides durable financial flexibility: FCF exceeding net income funds working-capital needs, capital expenditures, and dividends or debt reduction without relying on equity raises. This cushions the business through cyclical demand swings and supports strategic investments or restructuring over months.
Read all positive factors

Elanders AB Class B (ELAN.B) vs. iShares MSCI Sweden ETF (EWD)

Elanders AB Class B Business Overview & Revenue Model

Company Description
Elanders AB (publ) functions as an international logistics powerhouse, specializing in extensive supply chain management and tailored print and packaging solutions. Its widespread operations span Sweden, the broader European continent, Asia, and b...
How the Company Makes Money
Elanders makes money primarily by charging business customers for outsourced supply chain and logistics services and for print/packaging production services. A major revenue stream comes from contract logistics and supply chain management: custome...

Elanders AB Class B Financial Statement Overview

Summary
Overall fundamentals are constrained by weak profitability and high leverage. Revenue is slightly down year-over-year and net margin is very thin (~0.5% TTM) after a loss in 2025, while leverage is elevated (~2.5x debt-to-equity) and ROE is low (~1.6% TTM). The key offset is stronger cash generation: operating cash flow (~1.0bn) and free cash flow (~0.9bn) are solid and exceed net income, though debt coverage remains only modest given the leverage level.
Income Statement
46
Neutral
Balance Sheet
38
Negative
Cash Flow
63
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue11.61B12.20B14.14B13.87B14.97B11.73B
Gross Profit2.18B2.17B2.41B2.35B2.23B1.64B
EBITDA1.30B1.82B2.19B1.97B1.94B1.47B
Net Income71.00M-54.00M176.00M248.00M470.00M322.30M
Balance Sheet
Total Assets15.70B15.25B17.07B15.63B14.57B11.80B
Cash, Cash Equivalents and Short-Term Investments942.00M936.00M1.14B1.11B904.00M898.10M
Total Debt8.96B8.86B10.09B9.23B8.10B6.05B
Total Liabilities12.09B11.74B12.96B11.77B10.70B8.50B
Stockholders Equity3.59B3.48B4.08B3.84B3.83B3.28B
Cash Flow
Free Cash Flow922.00M1.04B1.22B1.58B868.10M923.70M
Operating Cash Flow1.01B1.17B1.42B1.78B1.11B1.06B
Investing Cash Flow-86.00M-147.00M-1.25B-1.01B-274.30M-1.39B
Financing Cash Flow-1.16B-1.06B-207.00M-532.50M-897.90M54.20M

Elanders AB Class B Technical Analysis

Technical Analysis Sentiment
Positive
Last Price66.30
Price Trends
50DMA
48.01
Positive
100DMA
47.34
Positive
200DMA
52.86
Negative
Market Momentum
MACD
0.51
Negative
RSI
63.94
Neutral
STOCH
88.05
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ELAN.B, the sentiment is Positive. The current price of 66.3 is above the 20-day moving average (MA) of 47.49, above the 50-day MA of 48.01, and above the 200-day MA of 52.86, indicating a neutral trend. The MACD of 0.51 indicates Negative momentum. The RSI at 63.94 is Neutral, neither overbought nor oversold. The STOCH value of 88.05 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:ELAN.B.

Elanders AB Class B Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
55
Neutral
kr301.64M10.4113.38%1.03%
54
Neutral
kr1.81B32.76-1.46%6.60%-14.93%-16.66%
53
Neutral
kr1.91B65.800.72%-2.32%
52
Neutral
kr1.66B49.489.66%0.82%-3.07%232.32%
49
Neutral
kr993.07M-3.6618.63%5.62%-7.73%-198.18%
44
Neutral
kr1.28B-18.64-39.97%120.73%7.14%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:ELAN.B
Elanders AB Class B
51.10
-2.24
-4.20%
SE:QAIR
QleanAir AB
20.30
0.20
1.00%
SE:ELTEL
Eltel AB
12.20
1.40
12.96%
SE:SVIK
Studsvik AB
198.40
-7.60
-3.69%
SE:SALT.B
SaltX Technology Holding AB Class B
5.56
-0.07
-1.17%
SE:EOLU.B
Eolus Vind AB Class B
39.90
-13.06
-24.66%

Elanders AB Class B Corporate Events

Elanders AB Reports Q2 2026 Performance and Adjusted Profitability Trends
Jul 15, 2026
Elanders AB has released its quarterly report for January to June 2026, outlining performance trends in net sales, EBIT, EBITA and operating cash flow across recent second quarters. The publication highlights adjusted EBITA and margin development,...
Elanders Sets July Date for Q2 2026 Results and Investor Call
Jun 29, 2026
Elanders, a global logistics and supply chain management specialist, plans to release its second-quarter 2026 report on July 15, 2026, and will present the results in a conference call led by President and CEO Magnus Nilsson and Group CFO Åsa...
Elanders Shifts Second-Quarter 2026 Report Date by One Day
May 29, 2026
Elanders, a global logistics and supply chain management provider with significant operations in Europe, Asia and the U.S., focuses on integrated solutions through its Supply Chain Solutions and Print Packaging Solutions divisions. The company se...
Elanders names LGI chief Florian Beck as new CEO in leadership transition
May 15, 2026
Elanders, a global logistics and supply chain management group, has announced a leadership transition as long-serving President and CEO Magnus Nilsson steps down after 17 years in the top role and 27 years with the company. During his tenure, Nils...
Elanders AGM Approves Dividend and Board Slate as CEO Flags Growth in Asia and Online Print
Apr 23, 2026
Elanders AB held its 2026 Annual General Meeting, where shareholders approved the 2025 financial statements, discharged the board and CEO from liability, and resolved on a dividend of SEK 2.10 per share, with payment expected at the end of April. ...
Elanders Highlights Profitability Focus in Q1 2026 Trading Update
Apr 23, 2026
Elanders AB reported its quarterly figures for the period January to March 2026, highlighting trends in net sales, EBIT, EBITA and operating cash flow, but without disclosing detailed numbers in the summary material provided. The company’s f...
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.Date of analysis: Jul 16, 2026