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

• Market Cap: kr2.14B
• Dividend Yield: 66.42%
• Average Volume (3M): 18.32K
• Price to Earnings (P/E): 25.2
• Beta (1Y): 0.59
• Revenue Growth: 4.15%
• EPS Growth: -63.36%
• Country: SE
• Employees: 6,983
• Sector: Industrials
• Sector Strength: 86
• Industry: Specialty Business Services
• EPS (TTM): 0.17
• Shares Outstanding: 33,542,940
• 10 Day Avg. Volume: 13,361
• 30 Day Avg. Volume: 18,320
• PEG Ratio: 0.25
• Price to Book (P/B): 1.38
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.11
• 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

• Rating: 64 Neutral
• Price Target: kr63.00 ▲(4.13%Upside)

The overall stock score for Elanders AB is driven primarily by its solid financial performance with zero debt and strong revenue growth, despite profitability challenges. The valuation is boosted by a high dividend yield, although technical analysis indicates a bearish trend with mixed signals for future price movement.

Elanders AB Class B Business Overview & Revenue Model

Company Description

Elanders AB (publ), a logistics company, provides supply chain management, and print and packaging solutions primarily in Sweden, rest of Europe, Asia, North and South America, and internationally. It offers global order management services; sourcing and procurement services; custom configuration and assembly services; warehousing and inventory management; and print and packaging services. The company also provides fulfillment and distribution services; freight services; after sales services, such as warehousing spare parts, accessories, replacement equipment, and consumables, as well as repairs and service; and e-commerce services. In addition, the company sells photo products under the fotokasten and myphotobook brands. It serves automotive, electronics, fashion and lifestyle, health care and life science, and industrial sectors. The company was incorporated in 1908 and is headquartered in Mölndal, Sweden. Elanders AB (publ) is a subsidiary of Carl Bennet AB.

How the Company Makes Money

Elanders AB generates revenue through a diversified business model that includes key revenue streams from its supply chain solutions, print and packaging, and e-commerce services. The supply chain solutions segment offers inventory management, procurement, distribution, and logistics services, which are critical for clients looking to optimize their operations. The print and packaging solutions segment provides bespoke printing services, packaging, and brand management solutions, catering to clients' marketing and operational needs. Additionally, the e-commerce services segment supports online sales strategies for businesses, offering digital storefronts, order management, and fulfillment services. Elanders' strategic partnerships with major corporations across various sectors and its investment in technology and innovation further bolster its earnings by enhancing service delivery and expanding its market reach.

Elanders AB Class B Financial Statement Overview

Summary

Elanders AB demonstrates a solid financial position with strong revenue growth and zero debt, enhancing its stability. However, declining net income and lower return on equity indicate areas for improvement. Cash flow management remains effective, but the company should focus on improving profitability and cash conversion to sustain long-term growth.

Income Statement

Elanders AB shows positive revenue growth from 2023 to 2024, driven by a significant increase in total revenue. Gross profit margin improved slightly, reflecting better cost management. However, net profit margin decreased due to a decline in net income, signaling potential profitability challenges. EBIT and EBITDA margins remained stable, indicating operational efficiency.

Balance Sheet

The balance sheet saw a significant improvement in the equity ratio, suggesting a strong financial position with an increase in stockholders' equity relative to total assets. The company eliminated its total debt by 2024, reducing financial risk. Return on equity decreased due to lower net income, which may affect shareholder value in the long term.

Cash Flow

Operating cash flow decreased, but free cash flow remained positive, indicating effective capital expenditure management. The free cash flow to net income ratio is high, showing strong cash generation relative to net income. However, the operating cash flow to net income ratio decreased, suggesting potential challenges in converting income into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	14.11B	14.14B	13.87B	14.97B	11.73B	11.05B
Gross Profit	2.34B	2.41B	2.35B	2.23B	1.64B	1.57B
EBITDA	1.12B	2.19B	1.99B	1.90B	1.47B	1.42B
Net Income	85.00M	176.00M	248.00M	470.00M	322.30M	287.10M
Balance Sheet
Total Assets	15.90B	17.07B	15.63B	14.57B	11.80B	8.64B
Cash, Cash Equivalents and Short-Term Investments	1.07B	1.14B	1.11B	904.00M	898.10M	1.10B
Total Debt	0.00	10.09B	9.23B	8.10B	6.05B	3.85B
Total Liabilities	12.12B	12.96B	11.77B	10.70B	8.50B	5.73B
Stockholders Equity	3.75B	4.08B	3.84B	3.83B	3.28B	2.89B
Cash Flow
Free Cash Flow	1.12B	1.22B	1.58B	868.10M	923.70M	1.63B
Operating Cash Flow	1.31B	1.42B	1.78B	1.11B	1.06B	1.73B
Investing Cash Flow	-774.00M	-1.25B	-1.01B	-274.30M	-1.39B	-115.70M
Financing Cash Flow	-787.00M	-207.00M	-532.50M	-897.90M	54.20M	-1.06B

Elanders AB Class B Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 60.50
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ELAN.B, the sentiment is Neutral. The current price of 60.5 is above the 20-day moving average (MA) of 59.22, above the 50-day MA of 57.76, and below the 200-day MA of 73.61, indicating a neutral trend. The MACD of 0.07 indicates Negative momentum. The RSI at 56.51 is Neutral, neither overbought nor oversold. The STOCH value of 87.76 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:ELAN.B.

Elanders AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$10.81B	15.65	5.50%	1.89%	3.10%	-27.09%
ELAN.B	64 Neutral	kr2.14B	25.17	2.11%	66.42%	4.15%	-63.36%
2WN		€334.17M	23.57	9.79%	―	―	―
3RE		€386.19M	19.48	11.34%	24.52%	―	―
COE		€374.53M	36.70	7.35%	2.25%	―	―

Elanders AB Class B Corporate Events

Elanders to Release Q2 2025 Report and Host Conference Call

Elanders announced it will release its second quarter 2025 report on July 11, followed by a conference call hosted by the President and CEO, Magnus Nilsson, and Group CFO, Åsa Vilsson. This announcement invites fund managers, analysts, and media to join the call, reflecting the company’s commitment to transparency and engagement with stakeholders.

Elanders Appoints Charles Ickes as Group COO to Drive Global Growth

Elanders has appointed Charles Ickes as the Group Chief Operating Officer, a newly established role aimed at enhancing strategic alignment and operational integration across its global supply chain network. Ickes, who will continue as CEO of Bergen Logistics, will focus on driving growth, harmonizing technology infrastructure, and implementing AI-driven operations, positioning Elanders for sustainable growth and technological advancement.

Elanders AB Announces Leadership Change in Group Management

Elanders AB announced a change in its Group Management as Bernd Schwenger steps down as CEO of its subsidiary LGI, to be succeeded by Florian Beck, currently COO of Bergen Logistics. This leadership change reflects Elanders’ strategic focus on strengthening its supply chain solutions, leveraging Beck’s extensive experience in contract logistics and business development to enhance its operational capabilities.

Elanders Sets Ambitious Climate Targets for 2030

Elanders has announced new climate targets, submitting them to the Science Based Targets initiative for validation. The company aims to reduce its greenhouse gas emissions by 50% in its operations and 25% in its value chain by 2030, with a long-term goal of achieving net-zero emissions by 2050. Elanders has already made progress, reducing emissions by 23% in its operations since 2021 and by 12% in its value chain since 2022. The company is focusing on renewable energy, circular materials, energy efficiency, and fossil-free vehicles to meet these targets, enhancing its sustainability efforts and credibility.