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

• Market Cap: kr2.47B
• Dividend Yield: 3.85%
• Average Volume (3M): 3.48K
• Price to Earnings (P/E): 21.4
• Beta (1Y): 0.36
• Revenue Growth: 0.66%
• EPS Growth: -5.74%
• Country: SE
• Employees: 565
• Sector: Industrials
• Sector Strength: 93
• Industry: Construction
• EPS (TTM): 0.99
• Shares Outstanding: 36,241,432
• 10 Day Avg. Volume: 4,931
• 30 Day Avg. Volume: 3,483
• PEG Ratio: 1.70
• Price to Book (P/B): 2.48
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 16.78
• 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: kr63.98
• Price Target Upside: 8.07% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 71 Outperform
• Price Target: kr64.00 ▲(8.11%Upside)

The overall score reflects a strong financial performance, driven by a robust balance sheet and effective cash flow management. Valuation is moderate, with a reasonable P/E ratio and a solid dividend yield. Technical indicators suggest some caution in the short term. The lack of recent earnings call and corporate events data limits additional insights.

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

Company Description

FM Mattsson Mora Group AB Class B (FMM.B) is a leading manufacturer in the plumbing industry, renowned for its high-quality faucets and related water technology products. The company is headquartered in Mora, Sweden, and operates primarily in the kitchen and bathroom segments. It is recognized for its innovative designs and commitment to sustainability, offering a wide range of products that focus on water and energy efficiency.

How the Company Makes Money

FM Mattsson Mora Group AB generates revenue primarily through the design, manufacture, and sale of faucets and related water technology products. The company sells its products under well-established brands such as FM Mattsson, Mora Armatur, and Damixa, catering to both residential and commercial markets. Revenue streams include direct sales to consumers via retail channels, partnerships with wholesalers and distributors, and contracts with professional installers and construction firms. The company also invests in research and development to drive innovation and maintain a competitive edge, which helps in enhancing product appeal and market share. Additionally, the company may engage in strategic partnerships or collaborations that expand its product offerings or market reach.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.94B	1.94B	1.93B	1.82B	1.54B
Gross Profit	696.97M	699.83M	710.83M	703.47M	552.70M
EBITDA	245.85M	293.28M	346.09M	395.99M	214.95M
Net Income	101.92M	147.34M	193.44M	237.26M	86.60M
Balance Sheet
Total Assets	1.83B	1.78B	1.80B	1.73B	1.37B
Cash, Cash Equivalents and Short-Term Investments	159.20M	135.20M	69.65M	193.87M	203.47M
Total Debt	91.55M	102.38M	90.90M	44.90M	49.13M
Total Liabilities	765.30M	755.92M	798.39M	924.50M	787.84M
Stockholders Equity	1.06B	1.02B	999.78M	806.89M	581.89M
Cash Flow
Free Cash Flow	188.50M	216.00M	33.03M	228.29M	149.98M
Operating Cash Flow	238.40M	266.14M	107.75M	275.90M	193.68M
Investing Cash Flow	-50.24M	-49.61M	-87.43M	-123.67M	-44.79M
Financing Cash Flow	-157.77M	-151.75M	-144.44M	-162.42M	-76.39M

FM Mattsson Mora Group AB Class B Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 59.20
• 50DMA: Negative
• 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 Neutral. The current price of 59.2 is below the 20-day moving average (MA) of 60.06, below the 50-day MA of 59.67, and above the 200-day MA of 51.65, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 48.76 is Neutral, neither overbought nor oversold. The STOCH value of 68.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
SYSR	74 Outperform	€19.86B	29.18	11.86%	1.24%	0.42%	-29.62%
FMM.B	71 Outperform	kr2.47B	21.37	10.59%	3.85%	0.66%	-5.74%
NCC.A	68 Neutral	kr16.49B	12.10		4.10%	6.35%	9.38%
LIAB	67 Neutral	kr16.46B	54.50	4.25%	2.51%	-0.52%	-60.06%
Sector *	67 Neutral	€8.25B	20.66	6.46%	2.83%	1.83%	-39.96%
INWI	65 Neutral	kr10.62B	18.81	10.69%	2.99%	3.19%	4.23%
PEAB.B	63 Neutral	kr21.92B	13.86	10.37%	2.00%	-3.46%	12.20%

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.