Fenix Outdoor International AG (FOI.B) AI Stock Analysis

• Market Cap: kr6.26B
• Dividend Yield: 6.39%
• Average Volume (3M): 1.86K
• Price to Earnings (P/E): 74.5
• Beta (1Y): 0.32
• Revenue Growth: -2.98%
• EPS Growth: -30.48%
• Country: SE
• Employees: 2,008
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 16.71
• Shares Outstanding: 11,060,000
• 10 Day Avg. Volume: 2,200
• 30 Day Avg. Volume: 1,859
• PEG Ratio: -1.04
• Price to Book (P/B): 1.97
• Price to Sales (P/S): 1.19
• P/FCF Ratio: 11.07
• 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: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 41.39
• Revenue Forecast (FY): kr7.41B

• Rating: 57 Neutral
• Price Target: kr485.00 ▲(3.19% Upside)

Fenix Outdoor International AG's overall stock score is driven by strong revenue growth and effective cost management, though profitability and operational efficiency remain challenges. The technical indicators suggest a bearish trend, and the high P/E ratio indicates potential overvaluation, offset by a strong dividend yield. The absence of significant earnings call data or corporate events leaves these areas unassessed.

Positive Factors

Revenue Growth

The significant revenue growth indicates successful market expansion and product adoption, enhancing long-term earnings potential and market position.

Cash Flow Management

Strong free cash flow growth reflects effective cash management, providing financial flexibility for future investments and debt servicing.

Sustainability Focus

Commitment to sustainability and innovation attracts a loyal customer base, aligning with growing consumer preferences for eco-friendly products.

Negative Factors

Profitability Challenges

Low net profit margin indicates difficulty in converting revenue into profit, which could hinder long-term financial performance and shareholder returns.

Operational Efficiency

Decreasing margins suggest potential operational inefficiencies, which may impact the company's ability to sustain profitability and competitiveness.

Cash Conversion Issues

Low cash conversion ratio indicates challenges in turning income into cash, potentially affecting liquidity and investment capacity.

Fenix Outdoor International AG Business Overview & Revenue Model

Company Description

Fenix Outdoor International AG is a Swiss-based company that specializes in the outdoor and sports sector, focusing on high-quality apparel and equipment for outdoor activities. The company operates through various brands, including Fjällräven, Hanwag, and Tierra, catering to a diverse range of outdoor enthusiasts. Fenix Outdoor is known for its commitment to sustainability and innovation, producing products that enhance outdoor experiences while minimizing environmental impact.

How the Company Makes Money

Fenix Outdoor International AG generates revenue primarily through the sale of outdoor clothing, footwear, and gear under its various brands. The company operates a multi-channel distribution model, including direct-to-consumer sales through branded retail stores and e-commerce platforms, as well as wholesale partnerships with third-party retailers. Key revenue streams include sales from flagship stores, online sales, and wholesale accounts. Significant partnerships with retailers and distributors in various regions contribute to its market reach and sales volume. Additionally, the company's focus on sustainable and high-quality products helps to attract a loyal customer base, further enhancing its earnings potential.

Fenix Outdoor International AG Financial Statement Overview

Summary

Fenix Outdoor International AG faces challenges with declining revenue and profitability, as reflected in the income statement. The balance sheet remains stable with moderate leverage, but declining return on equity is a concern. Cash flow performance is under pressure, with significant declines in free cash flow growth. The company needs to address revenue and profitability challenges to improve its financial health.

Income Statement

Fenix Outdoor International AG's income statement shows a mixed performance. The TTM (Trailing-Twelve-Months) gross profit margin is strong at 57.36%, indicating efficient cost management. However, the net profit margin has declined significantly to 0.86%, reflecting reduced profitability. Revenue growth is negative at -69.2% TTM, suggesting a substantial decline in sales. EBIT and EBITDA margins have also decreased, indicating pressure on operating profitability.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.56 TTM, indicating moderate leverage. The equity ratio is healthy, suggesting a strong capital structure. However, the return on equity has decreased to 1.42% TTM, highlighting reduced efficiency in generating returns from equity.

Cash Flow

Cash flow analysis reveals challenges with a significant decline in free cash flow growth at -33.95% TTM. The operating cash flow to net income ratio is 0.37 TTM, indicating moderate cash generation relative to net income. The free cash flow to net income ratio is relatively strong at 0.73 TTM, but overall cash flow performance is under pressure.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	674.70M	685.60M	739.64M	759.24M	649.95M	562.97M
Gross Profit	387.00M	390.30M	421.05M	436.68M	378.93M	321.40M
EBITDA	90.10M	99.70M	111.12M	140.88M	136.49M	105.39M
Net Income	5.80M	14.60M	31.57M	60.59M	56.21M	33.60M
Balance Sheet
Total Assets	716.70M	686.85M	743.20M	674.59M	668.92M	651.71M
Cash, Cash Equivalents and Short-Term Investments	56.00M	111.75M	119.10M	81.01M	181.90M	191.06M
Total Debt	215.70M	166.90M	205.50M	149.70M	163.96M	195.27M
Total Liabilities	333.00M	273.50M	325.99M	269.60M	287.47M	297.90M
Stockholders Equity	383.70M	413.19M	417.22M	404.99M	381.45M	353.69M
Cash Flow
Free Cash Flow	50.40M	73.50M	48.90M	-33.97M	94.24M	88.83M
Operating Cash Flow	68.60M	97.10M	75.87M	-6.92M	118.67M	109.99M
Investing Cash Flow	-45.47M	-17.10M	-24.79M	-27.03M	-34.44M	-21.55M
Financing Cash Flow	-41.28M	-88.40M	-10.36M	-69.20M	-94.58M	18.85M

Fenix Outdoor International AG Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 470.00
• 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:FOI.B, the sentiment is Negative. The current price of 470 is below the 20-day moving average (MA) of 489.76, below the 50-day MA of 481.51, and below the 200-day MA of 522.39, indicating a bearish trend. The MACD of -3.56 indicates Positive momentum. The RSI at 42.01 is Neutral, neither overbought nor oversold. The STOCH value of 1.54 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:FOI.B.

Fenix Outdoor International AG Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NEWA.B	66 Neutral	kr15.05B	18.29	12.33%	3.09%	2.80%	-8.84%
CLAS.B	63 Neutral	kr18.46B	18.09	46.00%	1.93%	9.30%	38.37%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
FOI.B	57 Neutral	kr6.26B	74.53	2.04%	6.39%	-2.98%	-30.48%

Fenix Outdoor International AG Corporate Events

Fenix Outdoor Reports Increased Q3 Income Amid Strategic Brand Growth

Fenix Outdoor International AG reported a 6.5% increase in total income for the third quarter of 2025, driven by strong sales from its Devold brand and improved profitability in its North American operations. The company faced challenges with higher logistics costs and a slow start to winter sales, but managed to improve its gross margin by reducing discounts and increasing direct-to-consumer sales. The company’s strategy to limit discounts in digital sales helped maintain brick-and-mortar sales, contributing to a better gross profit margin. Despite a slight decrease in total income for the nine-month period, the company’s focus on operational efficiency and strategic brand management has positioned it well for future growth.

The most recent analyst rating on ($SE:FOI.B) stock is a Hold with a SEK524.00 price target. To see the full list of analyst forecasts on Fenix Outdoor International AG stock, see the SE:FOI.B Stock Forecast page.