FM Mattsson Mora Group AB Class B (FMM.B) AI Stock Analysis

• Market Cap: kr2.54B
• Dividend Yield: 3.33%
• Average Volume (3M): 7.63K
• Price to Earnings (P/E): 22.0
• Beta (1Y): 0.42
• Revenue Growth: 0.66%
• EPS Growth: -5.74%
• Country: SE
• Employees: 565
• Sector: Industrials
• Sector Strength: 87
• Industry: Construction
• EPS (TTM): 0.99
• Shares Outstanding: 36,241,432
• 10 Day Avg. Volume: 3,547
• 30 Day Avg. Volume: 7,634
• PEG Ratio: -0.71
• Price to Book (P/B): 2.56
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 77.62
• 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: kr64.00
• Price Target Upside: 6.67% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 75 Outperform
• Price Target: kr67.00 ▲(11.67%Upside)

FM Mattsson Mora Group AB Class B demonstrates a robust financial profile with strong balance sheet metrics and efficient cash flow management. The technical indicators suggest a bullish trend, albeit with caution due to overbought signals. While the valuation appears moderate, the dividend yield enhances its attractiveness. Improvements in net profit margins would further strengthen its position.

FM Mattsson Mora Group AB Class B Business Overview & Revenue Model

Company Description

FM Mattsson Mora Group AB (publ) engages in the development, manufacture, and sale of water taps and related products for bathrooms and kitchens. The company offers its products under the FM Mattsson, Mora Armatur, Damixa, Hotbath, Aqualla, and Adamsez brands. It serves private housing, manufacturing, and public sectors, as well as real estate companies. It has operations in Sweden, Norway, Denmark, Finland, Benelux, the United Kingdom, Germany, and Italy. The company was formerly known as Ostnor AB and changed its name to FM Mattsson Mora Group AB (publ) in 2015. FM Mattsson Mora Group AB (publ) was founded in 1865 and is based in Mora, Sweden.

How the Company Makes Money

The company generates revenue through the sale of its water taps and mixers, targeting both the residential and commercial sectors. Its revenue model is primarily based on direct sales to plumbing wholesalers, retailers, and professional installers. FM Mattsson Mora Group AB also benefits from strategic partnerships and collaborations with construction and renovation companies, which help drive demand for its products. Additionally, the company's focus on innovation and sustainability attracts environmentally conscious consumers, further enhancing its market position and revenue potential.

FM Mattsson Mora Group AB Class B Financial Statement Overview

Summary

FM Mattsson Mora Group AB Class B presents a strong financial position with consistent revenue growth and efficient operations. The balance sheet is particularly strong, with no debt and high equity. Cash flows are healthy, though there is a slight decline in free cash flow growth. The company is well-positioned for stability and growth, with attention needed on improving net profit margins.

Income Statement

FM Mattsson Mora Group AB Class B demonstrates stable revenue growth with a slight increase over the years. Gross profit margin remained healthy at approximately 36%. However, net profit margin has seen some decline, with the most recent year at around 7.6%. EBIT and EBITDA margins are also strong, reflecting efficient operations. Overall, the company shows consistent performance with room for improvement in net profitability.

Balance Sheet

The balance sheet is robust with a strong equity position. The company has zero debt in the latest period, leading to an excellent debt-to-equity ratio. ROE stands at 13.9%, indicating effective use of equity. The equity ratio is solid at 58.1%, showcasing financial stability. Overall, the company maintains a strong and stable balance sheet with low financial risk.

Cash Flow

The company shows a positive trend in free cash flow, although growth has been fluctuating. The operating cash flow to net income ratio is strong, suggesting that profits are effectively converted into cash. The free cash flow to net income ratio is also favorable, indicating efficient capital management. However, there's been a decrease in free cash flow recently, which needs monitoring.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
1.91B	1.94B	1.94B	1.93B	1.82B	1.54B
	Gross Profit
704.40M	696.97M	699.83M	710.83M	703.47M	552.70M
	EBIT
151.40M	147.31M	193.46M	257.31M	318.32M	136.79M
	EBITDA
230.30M	245.85M	293.28M	346.09M	395.99M	214.95M
	Net Income Common Stockholders
115.60M	101.92M	147.34M	193.44M	237.26M	86.60M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
150.10M	159.20M	135.20M	69.65M	193.87M	203.47M
	Total Assets
1.83B	1.83B	1.78B	1.80B	1.73B	1.37B
	Total Debt
0.00	91.55M	102.38M	90.90M	44.90M	49.13M
	Net Debt
-150.10M	-67.68M	-32.82M	21.25M	-148.97M	-154.34M
	Total Liabilities
773.90M	765.30M	755.92M	798.39M	924.50M	787.84M
	Stockholders Equity
1.05B	1.06B	1.02B	999.78M	806.89M	581.89M
Cash Flow		Free Cash Flow
155.80M	188.50M	216.00M	33.03M	228.29M	149.98M
	Operating Cash Flow
201.31M	238.40M	266.14M	107.75M	275.90M	193.68M
	Investing Cash Flow
-45.54M	-50.24M	-49.61M	-87.43M	-123.67M	-44.79M
	Financing Cash Flow
-157.67M	-157.77M	-151.75M	-144.44M	-162.42M	-76.39M

FM Mattsson Mora Group AB Class B Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 60.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:FMM.B, the sentiment is Positive. The current price of 60 is above the 20-day moving average (MA) of 59.57, above the 50-day MA of 53.31, and above the 200-day MA of 50.14, indicating a bullish trend. The MACD of 1.69 indicates Positive momentum. The RSI at 59.89 is Neutral, neither overbought nor oversold. The STOCH value of 25.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:FMM.B.

FM Mattsson Mora Group AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FMM.B	75 Outperform	kr2.54B	21.96	10.59%	3.33%	0.66%	-5.74%
SYSR	74 Outperform	€17.70B	26.00	11.86%	1.41%	0.42%	-29.62%
PEAB.B	74 Outperform	kr24.01B	11.33	13.64%	3.69%	0.98%	5.01%
NCC.A	73 Outperform	kr17.07B	12.28		4.65%	9.10%	15.11%
INWI	71 Outperform	kr12.01B	21.64	9.96%	2.57%	3.91%	-5.92%
Sector *	66 Neutral	$4.47B	12.22	5.40%	3.65%	4.14%	-12.00%
LIAB	65 Neutral	kr15.22B	44.60	4.65%	2.71%	2.71%	-56.45%

FM Mattsson Mora Group AB Class B Corporate Events

FM Mattsson Mora Group AB Sees Positive Start to 2025 Despite Economic Challenges

FM Mattsson Mora Group AB reported a positive start to 2025 with a 6.1% increase in net sales for the first quarter, reaching 523.7 MSEK. Despite a challenging economic climate, the company improved its EBITA margin to 11.1% and saw growth in several international markets, although demand was more cautious in Sweden, Denmark, and Germany. The company is focusing on organizational efficiencies and optimizing inventory in response to global trade uncertainties. Additionally, FM Mattsson’s Hotbath brand showcased its enhanced product portfolio at the ISH fair, aiming to strengthen its premium offering in the bathroom design market.