Fenix Outdoor International AG Series B (SE:FOI.B)
:FOI.B
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Fenix Outdoor International AG
(FOI.B)
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Rating:54Neutral
Price Target:
kr441.00
â–¼(-6.17% Downside)
Action:ReiteratedDate:02/08/26
The score is held back primarily by weakened profitability (sharp margin and ROE deterioration) and a technically weak setup with the stock trading below key moving averages. Valuation is also a headwind due to the very high P/E, though the high dividend yield and moderate leverage provide partial support.
Positive Factors
High gross margin
Sustained gross margins near 57–58% indicate strong product economics and pricing power across brands. High gross margin provides a durable buffer versus input cost swings, supports investment in product innovation and DTC growth, and underpins long-term profitability even if operating leverage is variable.
Negative Factors
Compressed operating margins
Operating margin declined materially from prior years to ~5.1%, signaling erosion of operating leverage via cost pressure or unfavorable mix. Persistently low EBIT margins reduce the company’s ability to convert strong gross margins into sustainable bottom‑line profits and limit reinvestment capacity.
Read all positive and negative factors
Positive Factors
Negative Factors
High gross margin
Sustained gross margins near 57–58% indicate strong product economics and pricing power across brands. High gross margin provides a durable buffer versus input cost swings, supports investment in product innovation and DTC growth, and underpins long-term profitability even if operating leverage is variable.
Read all positive factors
Fenix Outdoor International AG (FOI.B) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr6.58B
Dividend Yield6.24%
Average Volume (3M)1.90K
Price to Earnings (P/E)124.2
Beta (1Y)0.34
Revenue Growth-2.98%
EPS Growth-30.48%
CountrySE
Employees2,008
SectorConsumer Cyclical
Sector Strength84
IndustrySpecialty Retail
Share Statistics
EPS (TTM)-4.97
Shares Outstanding11,060,000
10 Day Avg. Volume1,917
30 Day Avg. Volume1,897
Financial Highlights & Ratios
PEG Ratio-1.85
Price to Book (P/B)1.54
Price to Sales (P/S)0.85
P/FCF Ratio17.56
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)4.65
Revenue Forecast (FY)kr834.50M
Fenix Outdoor International AG Business Overview & Revenue Model
Company Description
Fenix Outdoor International AG, together with its subsidiaries, develops, manufactures, and sells outdoor products primarily in Switzerland, Sweden, other Nordic countries, Germany, Benelux, other European countries, the Americas, and internationa...
How the Company Makes Money
Fenix Outdoor makes money primarily by selling outdoor products through a mix of (1) wholesale and (2) direct-to-consumer channels, supported by vertically integrated distribution and retail operations. Key revenue streams typically include: (a) B...
Fenix Outdoor International AG Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
66
Positive
Cash Flow
60
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 694.70M | 685.60M | 739.64M | 759.24M | 649.95M |
| Gross Profit | 404.80M | 390.30M | 421.05M | 436.68M | 378.93M |
| EBITDA | 94.10M | 99.70M | 111.12M | 140.88M | 136.49M |
| Net Income | 4.76M | 14.60M | 31.57M | 60.59M | 56.21M |
Balance Sheet | |||||
| Total Assets | 728.00M | 686.85M | 743.20M | 674.59M | 668.92M |
| Cash, Cash Equivalents and Short-Term Investments | 70.60M | 111.75M | 119.10M | 81.01M | 181.90M |
| Total Debt | 217.00M | 166.90M | 205.50M | 149.70M | 163.96M |
| Total Liabilities | 344.80M | 273.50M | 325.99M | 269.60M | 287.47M |
| Stockholders Equity | 383.20M | 413.19M | 417.22M | 404.99M | 381.45M |
Cash Flow | |||||
| Free Cash Flow | 33.70M | 73.50M | 48.90M | -33.97M | 94.24M |
| Operating Cash Flow | 59.30M | 97.10M | 75.87M | -6.92M | 118.67M |
| Investing Cash Flow | -47.30M | -17.10M | -24.79M | -27.03M | -34.44M |
| Financing Cash Flow | -47.50M | -88.40M | -10.36M | -69.20M | -94.58M |
Fenix Outdoor International AG Technical Analysis
Positive
470.00
Price Trends
473.45
Positive
482.04
Positive
486.53
Positive
Market Momentum
3.00
Negative
62.19
Neutral
91.78
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:FOI.B, the sentiment is Positive. The current price of 470 is above the 20-day moving average (MA) of 455.03, below the 50-day MA of 473.45, and below the 200-day MA of 486.53, indicating a bullish trend. The MACD of 3.00 indicates Negative momentum. The RSI at 62.19 is Neutral, neither overbought nor oversold. The STOCH value of 91.78 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:FOI.B.
Fenix Outdoor International AG Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | kr25.77B | 9.43 | 42.23% | 1.88% | 9.30% | 38.37% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
54 Neutral | kr6.58B | 124.18 | 2.04% | 6.24% | -2.98% | -30.48% | |
52 Neutral | kr13.21B | 12.42 | 12.33% | 3.12% | 2.80% | -8.84% |
* Consumer Cyclical Sector Average
SE:FOI.B
Fenix Outdoor International AG
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-12.87%
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.