Ferronordic AB (FNM) AI Stock Analysis

• Market Cap: kr661.95M
• Dividend Yield: N/A
• Average Volume (3M): 33.01K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.39
• Revenue Growth: 24.10%
• EPS Growth: -48.15%
• Country: SE
• Employees: 794
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Distribution
• EPS (TTM): -3.51
• Shares Outstanding: 14,532,434
• 10 Day Avg. Volume: 86,621
• 30 Day Avg. Volume: 33,014
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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

• Rating: 46 Neutral
• Price Target: kr44.00 ▼(-1.12% Downside)

Ferronordic AB's stock score is primarily impacted by its financial performance, which shows declining revenue and profitability, though cash flow generation is a positive aspect. Technical analysis indicates a bearish trend with weak momentum. The valuation is unattractive due to a negative P/E ratio and lack of dividend yield.

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 is experiencing financial difficulties, with negative net income, declining profit margins, and a high debt-to-equity ratio of 1.50. Despite some revenue stability, operational efficiency is a concern, and the company is struggling to generate profits from its equity base.

Income Statement

The income statement shows significant challenges in recent periods. The TTM gross profit margin is 17.23%, indicating some profitability, but the net profit margin is negative at -6.52%, reflecting substantial losses. Despite a moderate revenue growth rate of 0.72% from the previous year, the EBIT and EBITDA margins have declined sharply to 0.06% and 5.15% respectively, suggesting reduced operational efficiency.

Balance Sheet

The balance sheet reveals a moderately leveraged position with a debt-to-equity ratio of 1.50. The equity ratio stands at 30.22%, indicating that a significant portion of the company's assets is financed by debt. However, the return on equity is negative at -22.59%, highlighting the company's struggles to generate profits from its equity base.

Cash Flow

Cash flow analysis shows a mixed picture. While the operating cash flow to net income ratio is strong at -1.32, indicating efficient cash generation relative to reported losses, the free cash flow to net income ratio is -0.29. The free cash flow growth rate is negative, contrasting with positive operating cash flows, suggesting challenges in managing capital expenditures and investments.

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

Ferronordic AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 44.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 44.5 is below the 20-day moving average (MA) of 45.51, below the 50-day MA of 46.18, and below the 200-day MA of 50.05, indicating a bearish trend. The MACD of -0.34 indicates Positive momentum. The RSI at 43.51 is Neutral, neither overbought nor oversold. The STOCH value of 51.14 is Neutral, 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	67 Neutral	€81.18B	41.58	―	0.99%	8.98%	12.74%
OEM.B	67 Neutral	€20.47B	32.55	25.27%	1.14%	3.19%	4.60%
BUFAB	65 Neutral	€17.79B	29.97	15.89%	1.09%	-4.08%	27.56%
TEQ	65 Neutral	kr3.16B	27.45	―	―	11.32%	-43.95%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
FNM	46 Neutral	kr661.95M	―	―	―	24.10%	-48.15%

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.