Enea AB (ENEA) AI Stock Analysis

• Market Cap: kr1.68B
• Dividend Yield: N/A
• Average Volume (3M): 41.71K
• Price to Earnings (P/E): 22.1
• Beta (1Y): 0.66
• Revenue Growth: 1.38%
• EPS Growth: -5.29%
• Country: SE
• Employees: 480
• Sector: Technology
• Sector Strength: 89
• Industry: Software - Application
• EPS (TTM): -0.40
• Shares Outstanding: 21,615,230
• 10 Day Avg. Volume: 34,403
• 30 Day Avg. Volume: 41,710
• PEG Ratio: -0.11
• Price to Book (P/B): 1.10
• Price to Sales (P/S): 2.21
• P/FCF Ratio: 7.48
• 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: kr89.00
• Price Target Upside: 15.58% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 71 Outperform
• Price Target: kr89.00 ▲(15.58% Upside)

Enea AB's overall stock score is driven by a stable financial position and positive technical indicators. The company's strong gross profit margins and low leverage are significant strengths, but challenges in revenue growth and profitability, along with weakened cash flow generation, are notable risks. The technical analysis suggests bullish momentum, supporting the stock's positive outlook.

Enea AB Business Overview & Revenue Model

Company Description

Enea AB (publ) provides software products for telecommunication, cybersecurity, medical device, and aerospace industries worldwide. It offers 5G data management products, such as Enea Stratum Network Data Layer, Enea Unified Data Manager, Enea Digital Identity, and Enea Equipment Identity Register; and access management and policy control services, including Enea Access Manager, Enea Policy Manager, and Enea ENUM. The company also provides traffic management services comprising Enea Video Optimization, Enea DPI and Content Filtering, Enea Integra NFV Platform, Encrypted Video Management, Enea TCP Acceleration, Enea Traffic Classifier, and Enea IP Traffic Filtering; and Enea Edge, a virtualization and management platform designed for deployment on any white-box uCPE, and optimized for common uCPE networking and edge use cases, such as SD-WAN, security, IoT, and 5G. In addition, the company offers Qosmos ixEngine, a deep packet inspection software; Qosmos Probe, a network sensor for granular visibility into network activity; Aptilo SMP Venue Wi-Fi Manager; and Zero-touch Wi-Fi IoT and Cellular IoT Connectivity services. Further, it provides Enea OSE, a real-time operating system for multi-processor systems; Enea Linux, a carrier-grade Linux for networking and real-time applications; and Enea OSEck, an operating system for high-performance and memory constrained applications. Additionally, it offers Enea Netbricks, a collection of highly portable networking protocols; Enea Element High Availability, an application development framework that simplifies the design and implementation of applications; and Enea Polyhedra, a SQL database, as well as software development and training services. Enea AB (publ) was founded in 1968 and is headquartered in Kista, Sweden.

How the Company Makes Money

Enea AB makes money primarily through the sale of software licenses, subscriptions, and support services. Its key revenue streams include licensing fees for its real-time operating systems and network solutions used by telecommunications companies to manage data traffic efficiently. The company also generates revenue from cybersecurity solutions designed to protect network infrastructure. In addition, Enea earns income from consultancy services and long-term maintenance contracts that support its software products. Strategic partnerships with major technology firms and service providers enhance its market reach and contribute to its earnings by integrating its solutions into broader technology ecosystems.

Enea AB Financial Statement Overview

Summary

Enea AB presents a balanced financial profile with solid profitability and efficient cash flow management. While revenue growth and debt levels require monitoring, the company's strong gross margins and cash conversion offer stability. Despite some challenges, Enea AB maintains a commendable financial standing within the software application industry.

Income Statement

Enea AB's income statement shows strong gross profit margins, indicating effective cost management. However, there is a noticeable decline in net profit margin due to fluctuating net income. Revenue growth has been inconsistent, with recent periods showing a decrease. Overall, the company maintains solid profitability but faces challenges in sustaining revenue growth.

Balance Sheet

The balance sheet reveals a stable equity position with a healthy equity ratio, reflecting strong asset management. However, the increase in total debt has led to a higher debt-to-equity ratio, which poses a potential risk. ROE has been volatile, affected by fluctuating net income, yet it remains positive in the latest TTM data.

Cash Flow

Enea AB demonstrates strong cash flow management with consistent operating cash flow and positive free cash flow. The free cash flow to net income ratio is robust, indicating efficient conversion of earnings into cash. Free cash flow growth is notable, despite some volatility in prior periods, suggesting resilience in cash generation capabilities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	918.80M	920.19M	912.68M	927.67M	975.62M	915.09M
Gross Profit	706.30M	724.44M	697.68M	713.99M	624.96M	622.01M
EBITDA	126.60M	390.24M	240.00M	295.23M	372.83M	233.03M
Net Income	71.00M	143.06M	-550.72M	108.95M	200.26M	142.28M
Balance Sheet
Total Assets	2.32B	2.54B	2.58B	3.32B	3.03B	2.33B
Cash, Cash Equivalents and Short-Term Investments	83.90M	161.52M	261.79M	231.30M	211.37M	195.07M
Total Debt	114.20M	303.47M	509.44M	587.80M	776.46M	476.72M
Total Liabilities	660.30M	693.68M	900.98M	1.03B	1.26B	846.56M
Stockholders Equity	1.66B	1.85B	1.68B	2.29B	1.78B	1.49B
Cash Flow
Free Cash Flow	162.80M	272.31M	166.91M	28.63M	193.18M	145.22M
Operating Cash Flow	162.80M	279.20M	263.46M	166.84M	333.74M	274.17M
Investing Cash Flow	-95.20M	-92.68M	-95.22M	34.81M	-517.78M	-221.42M
Financing Cash Flow	-282.00M	-300.72M	-126.01M	-205.83M	191.54M	8.86M

Enea AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 77.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ENEA, the sentiment is Positive. The current price of 77 is above the 20-day moving average (MA) of 75.94, above the 50-day MA of 71.32, and below the 200-day MA of 85.16, indicating a neutral trend. The MACD of 1.47 indicates Negative momentum. The RSI at 56.71 is Neutral, neither overbought nor oversold. The STOCH value of 47.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:ENEA.

Enea AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENEA	71 Outperform	kr1.68B	22.12		―	1.38%	-5.29%
Sector *	61 Neutral	$36.30B	7.30	-7.27%	1.97%	7.76%	-6.42%
0QTV	―	kr2.25B	27.26	18.36%	―	―	―
2DG	―	€80.79M	―	-11.72%	―	―	―
FPIP	71 Outperform	kr1.51B	73.86		1.81%	3.81%	-39.67%
SEYE	42 Neutral	kr2.28B	―		―	10.80%	-332.94%
DUST	42 Neutral	kr2.18B	―		―	-5.76%	-1194.45%

Enea AB Corporate Events

Enea AB Executes Share Buyback to Optimize Capital Structure

Enea AB has repurchased 23,116 of its own shares as part of a buyback program aimed at optimizing its capital structure and enhancing shareholder value. The buyback, conducted on Nasdaq Stockholm, is part of a SEK 50 million program running until the 2026 Annual General Meeting, aligning with EU regulations.

Enea AB Executes Share Buyback to Optimize Capital Structure

Enea AB has repurchased 38,000 of its own shares between July 28 and August 1, 2025, as part of a SEK 50 million share buyback program aimed at optimizing its capital structure and enhancing shareholder value. This initiative, conducted under EU regulations, reflects Enea’s strategic efforts to manage its financial resources effectively and may influence its market positioning and stakeholder relations.

Enea AB Executes Share Buyback to Optimize Capital Structure

Enea AB, a company listed on Nasdaq Stockholm, has repurchased 39,304 of its own shares as part of a buyback program aimed at optimizing its capital structure and enhancing shareholder value. The buyback is part of a SEK 50 million program announced earlier, following EU regulations, and will continue until the day before the Annual General Meeting in 2026.

Enea AB Reports Decline in Q2 2025 Financial Performance

Enea AB reported a challenging second quarter in 2025, with a decline in net sales by 5.2% compared to the previous year. The company’s network and security businesses experienced revenue declines, while operating systems saw a slight increase. Despite a decrease in adjusted EBITDA and a negative profit after tax, the company continues to invest significantly in research and development, which may impact future performance.

Enea AB Launches SEK 50 Million Share Repurchase Program

Enea AB has announced a share repurchase program authorized by its Board of Directors, allowing the company to buy back shares worth up to SEK 50 million until the next Annual General Meeting in 2026. This initiative aims to adjust Enea’s capital structure to meet its capital needs over time, potentially increasing shareholder value, with plans to withdraw the repurchased shares at future general meetings.

Enea to Present Q2 2025 Report to Investors and Media

Enea has announced an upcoming presentation of its Q2 2025 report, inviting investors, analysts, and media to join via webcast or teleconference. This event, led by CEO Teemu Salmi and CFO Ulf Stigberg, will provide insights into the company’s performance and strategic direction, potentially impacting stakeholders’ understanding of Enea’s market positioning and future prospects.

Enea Reduces Share Count Following Buyback Program

Enea Aktiebolag has reduced its total number of shares and votes to 20,560,581 following the cancellation of 641,903 ordinary shares as part of its buyback program. This strategic move, in line with the resolution from the Annual General Meeting, may impact the company’s market positioning by potentially increasing shareholder value and optimizing capital structure.