Hanza AB (HANZA) AI Stock Analysis

• Market Cap: kr5.88B
• Dividend Yield: 0.66%
• Average Volume (3M): 174.59K
• Price to Earnings (P/E): 28.8
• Beta (1Y): 0.68
• Revenue Growth: 18.96%
• EPS Growth: 48.93%
• Country: SE
• Employees: 3,173
• Sector: Industrials
• Sector Strength: 72
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 1.17
• Shares Outstanding: 45,959,340
• 10 Day Avg. Volume: 196,738
• 30 Day Avg. Volume: 174,586
• PEG Ratio: -0.57
• Price to Book (P/B): 2.26
• Price to Sales (P/S): 0.69
• P/FCF Ratio: 11.08
• 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: 69 Neutral
• Price Target: kr137.00 ▲(12.66% Upside)

Hanza AB's overall stock score reflects strong financial performance with robust revenue growth and efficient cost management. Technical analysis indicates a positive trend with bullish momentum. However, the valuation is relatively high, suggesting the stock may be expensive. The absence of earnings call data and corporate events limits additional insights.

Hanza AB Business Overview & Revenue Model

Company Description

Hanza AB (publ) provides manufacturing solutions. The company also offers cutting, bending, stamping, welding, and powder coating services for sheet and heavy mechanics; machining services, such as milling, turning, grinding, EMD, and surface treatment; and PCB assembly services. In addition, it provides cable harnesses solutions, including cutting, crimping, and marking, as well as assembly of harnesses based on customer requirements; and system integration and box build assembly services, which include final assembly of systems, testing, delivery to customer stock, and drop shipments to end customers. Further, the company offers gas turbines and offshore applications, as well as provides business advisory services; and 3D CAD modeling, mechanical design, electronic design, and prototyping services. It operates in Sweden, Finland, Estonia, Germany, Poland, the Czech Republic, China, and internationally. The company was formerly known as Hanza Holding AB (publ) and changed its name to Hanza AB (publ) in May 2022. Hanza AB (publ) was incorporated in 2008 and is headquartered in Kista, Sweden.

How the Company Makes Money

Hanza AB generates revenue through a diverse range of service offerings that cater to various stages of the manufacturing process. The company's primary revenue streams include contract manufacturing services, which entail producing components and assemblies for clients across different industries. Additionally, Hanza earns income from its product development services, where it collaborates with clients to design and prototype new products. The company also benefits from strategic partnerships with key players in its target sectors, which can lead to long-term contracts and steady revenue. Factors contributing to its earnings include operational efficiency, the ability to scale production based on client needs, and a focus on high-value sectors that demand complex manufacturing capabilities.

Hanza AB Financial Statement Overview

Summary

Hanza AB demonstrates robust revenue growth and efficient cost management, contributing to a strong gross profit margin. While profitability metrics like net profit margin and return on equity are moderate, they indicate stable performance. The balance sheet shows a balanced leverage position, though there is room for improvement in equity financing. Cash flow management appears adequate, but declining free cash flow growth could pose a challenge.

Income Statement

Hanza AB shows a solid revenue growth rate of 5.69% in the TTM, indicating positive momentum. The gross profit margin is strong at 42.94%, reflecting efficient cost management. However, the net profit margin is relatively low at 3.12%, suggesting room for improvement in profitability. The EBIT and EBITDA margins are moderate, indicating stable operational performance.

Balance Sheet

The debt-to-equity ratio of 1.08 in the TTM suggests a balanced leverage position, though slightly higher than the previous year. Return on equity is reasonable at 10.39%, indicating effective use of equity. The equity ratio stands at 36.54%, showing a stable financial structure but with potential for increased equity financing.

Cash Flow

Operating cash flow is strong, but the free cash flow has decreased by 4.58% in the TTM, indicating potential cash management challenges. The operating cash flow to net income ratio is 0.40, suggesting adequate cash generation relative to net income. The free cash flow to net income ratio is healthy at 0.72, reflecting good cash conversion efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.52B	4.85B	4.14B	3.55B	2.52B	2.15B
Gross Profit	1.88B	2.05B	1.84B	1.53B	1.15B	955.00M
EBITDA	608.00M	423.00M	450.00M	297.00M	231.50M	129.10M
Net Income	201.00M	111.00M	214.00M	121.00M	80.00M	-1.40M
Balance Sheet
Total Assets	4.85B	3.64B	2.93B	2.54B	1.95B	1.41B
Cash, Cash Equivalents and Short-Term Investments	230.00M	276.00M	340.00M	137.00M	45.80M	121.20M
Total Debt	1.72B	1.01B	689.00M	696.00M	648.60M	461.30M
Total Liabilities	3.08B	2.16B	1.58B	1.64B	1.37B	939.30M
Stockholders Equity	1.77B	1.48B	1.34B	898.00M	585.50M	474.90M
Cash Flow
Free Cash Flow	438.00M	302.00M	28.00M	-35.00M	-15.00M	121.90M
Operating Cash Flow	581.00M	569.00M	277.00M	145.00M	126.10M	181.80M
Investing Cash Flow	-325.00M	-632.00M	-295.00M	-184.00M	-185.70M	-60.00M
Financing Cash Flow	-226.00M	-12.00M	217.00M	120.00M	-21.50M	-63.20M

Hanza AB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 121.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:HANZA, the sentiment is Neutral. The current price of 121.6 is below the 20-day moving average (MA) of 124.89, above the 50-day MA of 118.00, and above the 200-day MA of 93.81, indicating a neutral trend. The MACD of 3.14 indicates Positive momentum. The RSI at 48.75 is Neutral, neither overbought nor oversold. The STOCH value of 10.41 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:HANZA.

Hanza AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NOTE	70 Outperform	€5.36B	19.67	17.21%	3.96%	-2.98%	2.44%
HANZA	69 Neutral	kr5.88B	28.83	―	0.66%	18.96%	48.93%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
NCAB	62 Neutral	kr10.38B	53.27	―	―	0.26%	-30.60%

Hanza AB Corporate Events

Färna Invest AB Increases Stake in HANZA

Färna Invest AB, the principal owner of HANZA, has increased its stake in the company by purchasing 500,000 shares, bringing its total ownership to 10,494,627 shares, which represents 22.83% of HANZA. This move by the principal owner could strengthen its influence over HANZA’s strategic decisions, potentially impacting the company’s operations and market positioning.

The most recent analyst rating on (SE:HANZA) stock is a Hold with a SEK141.00 price target. To see the full list of analyst forecasts on Hanza AB stock, see the SE:HANZA Stock Forecast page.

HANZA AB Completes Strategy 2025 with Major Acquisition

HANZA AB has concluded its ‘HANZA 2025’ strategy with the acquisition of BMK, a major German electronics company, positioning itself as Europe’s largest listed contract manufacturer. This acquisition, along with the earlier purchase of the Milectria Group, enhances HANZA’s presence in the defense industry and supports its growth strategy. The company’s net sales and profitability have seen significant increases, with pro forma sales expected to reach SEK 6.7 billion in 2025, surpassing initial targets. The integration of BMK is expected to create substantial value for shareholders, and HANZA plans to continue its growth trajectory with the upcoming ‘HANZA 2028’ initiative.

The most recent analyst rating on (SE:HANZA) stock is a Hold with a SEK141.00 price target. To see the full list of analyst forecasts on Hanza AB stock, see the SE:HANZA Stock Forecast page.

HANZA AB to Acquire BMK Group, Becoming Europe’s Largest Listed Contract Manufacturer

HANZA AB has announced its plan to acquire the German contract manufacturer BMK Group GmbH, which will position it as Europe’s largest listed contract manufacturer. The acquisition is contingent upon shareholder approval for a directed share issue, and key stakeholders have committed to supporting the transaction, indicating a strategic move to enhance HANZA’s market position and operational capabilities.

The most recent analyst rating on (SE:HANZA) stock is a Hold with a SEK141.00 price target. To see the full list of analyst forecasts on Hanza AB stock, see the SE:HANZA Stock Forecast page.

HANZA AB Announces Q3 2025 Interim Report Release and Presentation

HANZA AB is set to release its interim report for the third quarter of 2025 on October 28, with a presentation scheduled for the same day. The presentation, led by CEO Erik Stenfors and CFO Lars Åkerblom, will be conducted in English and is accessible via webcast and teleconference, allowing stakeholders to engage and ask questions. This report and presentation provide insights into the company’s financial performance and strategic direction, potentially impacting investor perceptions and market positioning.

The most recent analyst rating on (SE:HANZA) stock is a Hold with a SEK141.00 price target. To see the full list of analyst forecasts on Hanza AB stock, see the SE:HANZA Stock Forecast page.

HANZA AB Acquires BMK Group, Becoming Europe’s Largest Listed Contract Manufacturer

HANZA AB has signed an agreement to acquire the German electronics manufacturing company BMK Group GmbH, marking the completion of its ‘HANZA 2025’ strategy. This acquisition positions HANZA as Europe’s largest listed contract manufacturer and strengthens its operational and strategic capabilities. The transaction, which involves a share exchange, is expected to be completed by the end of the year following regulatory approvals. The integration of BMK is anticipated to enhance HANZA’s competitive edge and operational margins, particularly benefiting its defense industry program, LYNX. The acquisition also opens new growth opportunities in Germany, offering increased security and prospects for BMK’s employees.

The most recent analyst rating on (SE:HANZA) stock is a Hold with a SEK111.00 price target. To see the full list of analyst forecasts on Hanza AB stock, see the SE:HANZA Stock Forecast page.

HANZA Secures Major Drone Order Under LYNX Program

HANZA has secured an initial SEK 40 million order from a high-tech drone company under its LYNX program, which aims to expand its manufacturing capacity in the defense sector. This collaboration, with a potential long-term target volume of SEK 300 million annually, marks a significant milestone for HANZA’s LYNX initiative, enhancing its position in the defense industry. The production will occur in Sweden, leveraging HANZA’s regional manufacturing clusters for efficient operations. Additionally, HANZA’s recent acquisition of Finnish company Milectria strengthens its capacity platform for growth in defense and security sectors.

The most recent analyst rating on (SE:HANZA) stock is a Hold with a SEK111.00 price target. To see the full list of analyst forecasts on Hanza AB stock, see the SE:HANZA Stock Forecast page.

HANZA to Release Q3 2025 Interim Report

HANZA announced that it will release its interim report for the third quarter of 2025 on October 28. The report will be presented by CEO Erik Stenfors and CFO Lars Åkerblom, with a presentation available to investors, analysts, and media. This announcement highlights HANZA’s commitment to transparency and engagement with stakeholders, potentially impacting its market perception and investor relations.

The most recent analyst rating on (SE:HANZA) stock is a Hold with a SEK111.00 price target. To see the full list of analyst forecasts on Hanza AB stock, see the SE:HANZA Stock Forecast page.

HANZA AB Appoints Nomination Committee for 2026 AGM

HANZA AB has appointed a Nomination Committee for its 2026 Annual General Meeting, consisting of four members representing approximately 28% of the company’s shares and votes. The committee will propose resolutions for the election of the Chairman and members of the Board, auditors, and their remuneration, as well as principles for the Nomination Committee’s composition ahead of the 2027 meeting. This appointment reflects HANZA’s commitment to structured governance and shareholder engagement, potentially impacting its strategic direction and stakeholder relations.

The most recent analyst rating on (SE:HANZA) stock is a Hold with a SEK111.00 price target. To see the full list of analyst forecasts on Hanza AB stock, see the SE:HANZA Stock Forecast page.

HANZA Expands Defense Industry Capacity with Milectria Acquisition

HANZA AB has completed the acquisition of Milectria, a contract manufacturer specializing in electrical systems for the defense industry, as part of its LYNX program. This acquisition is expected to enhance HANZA’s capacity to meet increased demand from the defense sector and support growth in other industries, while also expanding its geographical presence and customer base. The deal includes four new production units and is seen as a strategic move to bolster Europe’s defense product capacity, with potential sales growth incentives for Milectria.

The most recent analyst rating on (SE:HANZA) stock is a Hold with a SEK119.00 price target. To see the full list of analyst forecasts on Hanza AB stock, see the SE:HANZA Stock Forecast page.