Ferronordic AB (FNM) AI Stock Analysis

• Market Cap: kr640.15M
• Dividend Yield: N/A
• Average Volume (3M): 33.01K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.32
• Revenue Growth: 7.93%
• EPS Growth: -9.04%
• Country: SE
• Employees: 794
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Distribution
• EPS (TTM): -0.86
• Shares Outstanding: 14,532,434
• 10 Day Avg. Volume: 86,621
• 30 Day Avg. Volume: 33,014
• PEG Ratio: 0.57
• Price to Book (P/B): 0.57
• Price to Sales (P/S): 0.18
• P/FCF Ratio: 3.12
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: kr43.00 ▼(-1.83% Downside)

Ferronordic AB's overall stock score is primarily impacted by its financial challenges, including declining revenue and profitability, and high leverage. Technical analysis further indicates weak momentum, and valuation metrics are unfavorable with a negative P/E ratio. The absence of earnings call data and corporate events leaves these areas unaddressed.

Positive Factors

Cash Flow Generation

Strong cash flow generation provides a buffer against financial instability, allowing the company to invest in growth opportunities and manage debt effectively.

Strategic Partnerships

Partnerships with leading brands like Volvo and Renault Trucks enhance market position and provide a competitive edge in distribution and after-sales services.

Revenue Diversification

Diversified revenue streams from sales, services, and rentals reduce dependency on any single market segment, enhancing business resilience and stability.

Negative Factors

Declining Revenue

Declining revenue indicates challenges in market demand or competitive pressures, potentially impacting long-term growth and profitability.

High Debt Levels

High debt levels can strain financial resources, limiting flexibility and increasing risk, especially if revenue growth remains weak.

Negative Profit Margins

Negative profit margins suggest cost management issues and operational inefficiencies, which could hinder long-term profitability and shareholder returns.

Ferronordic AB Business Overview & Revenue Model

Company Description

Ferronordic AB (FNM) is a leading supplier of machinery and equipment for the construction and mining sectors in Sweden and other parts of Northern Europe. The company specializes in the distribution and service of heavy equipment, including trucks, trailers, and construction machinery. Ferronordic is also involved in the sale of spare parts and provides maintenance and repair services, ensuring that their customers have access to high-quality machinery and support throughout the lifecycle of their products.

How the Company Makes Money

Ferronordic generates revenue through multiple key streams. Primarily, the company earns income from the sales of new and used construction and mining equipment, which includes brands like Volvo and other manufacturers. Additionally, a significant portion of Ferronordic's revenue comes from after-sales services, including maintenance, repairs, and the sale of spare parts, which create ongoing revenue opportunities. The company also engages in rental services for heavy machinery, providing customers with flexible options for equipment usage. Strategic partnerships with leading manufacturers enhance supply chain efficiency and product offerings, contributing positively to the company’s financial performance.

Ferronordic AB Financial Statement Overview

Summary

Ferronordic AB faces challenges with declining revenue and profitability, as evidenced by negative margins and a high debt-to-equity ratio. However, the company shows resilience in cash flow generation, which could provide a buffer against financial instability.

Income Statement

Ferronordic AB's income statement shows declining revenue with a negative growth rate of -14.7% TTM, indicating a challenging market environment. The gross profit margin has decreased slightly to 17.2% TTM, and the net profit margin is negative at -6.5%, reflecting operational inefficiencies and potential cost management issues. The EBIT and EBITDA margins are also low, suggesting struggles in maintaining profitability.

Balance Sheet

The balance sheet indicates a high debt-to-equity ratio of 1.50 TTM, which could pose financial risks if not managed properly. The return on equity is negative at -20.7%, highlighting challenges in generating returns for shareholders. However, the equity ratio remains stable, suggesting a balanced asset structure.

Cash Flow

Cash flow analysis reveals a significant improvement in free cash flow growth at 180% TTM, which is a positive sign of cash generation capability. The operating cash flow to net income ratio is 0.23, indicating some efficiency in converting income to cash, although the free cash flow to net income ratio is relatively low at 0.22, suggesting potential cash flow constraints.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.67B	4.72B	2.86B	1.97B	6.21B	4.53B
Gross Profit	793.00M	853.00M	377.00M	250.00M	1.11B	691.18M
EBITDA	331.00M	470.00M	4.00M	351.00M	-53.00M	512.14M
Net Income	-205.00M	-89.00M	-107.00M	197.00M	339.00M	222.00M
Balance Sheet
Total Assets	4.02B	4.94B	4.71B	3.22B	3.97B	2.63B
Cash, Cash Equivalents and Short-Term Investments	163.00M	363.00M	426.00M	1.69B	768.00M	603.50M
Total Debt	1.80B	2.34B	1.78B	731.00M	966.00M	583.45M
Total Liabilities	2.72B	3.44B	3.08B	1.34B	2.87B	1.82B
Stockholders Equity	1.29B	1.50B	1.62B	1.87B	1.10B	806.40M
Cash Flow
Free Cash Flow	219.00M	275.00M	-176.00M	-137.00M	209.00M	631.17M
Operating Cash Flow	262.00M	340.00M	-27.00M	215.00M	457.00M	692.54M
Investing Cash Flow	557.76M	33.00M	-1.22B	521.00M	-370.00M	-46.73M
Financing Cash Flow	-1.04B	-462.00M	-21.00M	168.00M	64.00M	-577.81M

Ferronordic AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 43.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:FNM, the sentiment is Negative. The current price of 43.8 is below the 20-day moving average (MA) of 44.37, below the 50-day MA of 44.84, and below the 200-day MA of 47.53, indicating a bearish trend. The MACD of -0.25 indicates Positive momentum. The RSI at 43.43 is Neutral, neither overbought nor oversold. The STOCH value of 17.07 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:FNM.

Ferronordic AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ADDT.B	70 Outperform	€84.84B	42.44	30.33%	0.98%	9.24%	15.27%
OEM.B	70 Neutral	€21.94B	36.22	25.27%	1.11%	3.19%	4.60%
TEQ	67 Neutral	kr2.95B	45.28	―	―	11.32%	-43.95%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
BUFAB	62 Neutral	€19.29B	32.72	15.33%	1.10%	-1.37%	14.78%
FNM	45 Neutral	kr640.15M	-2.29	―	―	7.93%	-9.04%

Ferronordic AB Corporate Events

Ferronordic Announces Management Changes to Strengthen Regional Focus

Ferronordic AB announced changes in its management team, with HR Director Nadezhda Semiletova and Trucks, Used and Rental Director Anton Zheliapov transitioning to new roles within the company. Semiletova will become Managing Director of Ferronordic’s operations in Kazakhstan, focusing on market growth, while Zheliapov will concentrate on the German market, particularly in rental, used business, and sustainable transport initiatives. These changes, effective from 1 November 2025, aim to enhance the company’s strategic focus in key regions.

The most recent analyst rating on (SE:FNM) stock is a Hold with a SEK45.00 price target. To see the full list of analyst forecasts on Ferronordic AB stock, see the SE:FNM Stock Forecast page.

Ferronordic to Release Q2 2025 Interim Report and Host Investor Presentation

Ferronordic AB announced that it will release its interim report for the second quarter of 2025 on August 14, 2025. The company will host an investor presentation on the same day, featuring comments from CEO Henrik Carlborg and CFO Erik Danemar. This event, accessible via teleconference or webcast, will provide insights into the company’s financial performance and strategic direction, potentially impacting investor perceptions and market positioning.