ITAB Shop Concept AB (SE:ITAB)
:ITAB
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ITAB Shop Concept AB
(ITAB)
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Rating:53Neutral
Price Target:
kr15.00
▼(-13.99% Downside)
Action:ReiteratedDate:02/18/26
The score is held back primarily by the 2025 margin/earnings deterioration and higher leverage, alongside weak technical momentum with the stock trading below major moving averages. Offsetting factors include strong top-line growth and currently healthy cash generation, while valuation appears only moderate given the elevated P/E and no dividend data.
Positive Factors
Revenue Growth
A material rebound in 2025 revenue indicates improving demand for ITAB’s shopfitting and rollout services. Durable top-line growth supports scale benefits, strengthens customer win prospects for multi-store programs, and provides a base to restore margins and fund strategic reinvestment over the medium term.
Negative Factors
Margin Compression
A sharp margin reset to roughly 1% materially reduces earnings resilience and limits internal funding capacity. Persistently lower margins make the business more sensitive to cost inflation and project mix shifts, constraining ability to invest in product development or service expansion without outside financing.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
A material rebound in 2025 revenue indicates improving demand for ITAB’s shopfitting and rollout services. Durable top-line growth supports scale benefits, strengthens customer win prospects for multi-store programs, and provides a base to restore margins and fund strategic reinvestment over the medium term.
Read all positive factors
ITAB Shop Concept AB (ITAB) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr3.76B
Dividend YieldN/A
Average Volume (3M)215.97K
Price to Earnings (P/E)34.2
Beta (1Y)1.09
Revenue Growth73.48%
EPS Growth-46.74%
CountrySE
Employees5,400
SectorIndustrials
Sector Strength72
IndustryBusiness Equipment & Supplies
Share Statistics
EPS (TTM)-0.03
Shares Outstanding255,275,510
10 Day Avg. Volume189,851
30 Day Avg. Volume215,971
Financial Highlights & Ratios
PEG Ratio-0.54
Price to Book (P/B)1.07
Price to Sales (P/S)0.35
P/FCF Ratio5.71
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr27.00Price Target Upside54.82% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)1.69
Revenue Forecast (FY)kr13.38B
ITAB Shop Concept AB Business Overview & Revenue Model
Company Description
ITAB Shop Concept AB (publ) provides solution design, customized shop fittings, checkouts, consumer flow solutions, professional lighting systems, and digitally interactive solutions for the physical stores in Europe. The company also offers check...
How the Company Makes Money
ITAB generates revenue through the sale of its products and services, which includes checkout systems, automated checkout solutions, and various retail fixtures. The company's revenue model is diversified, with key revenue streams arising from dir...
ITAB Shop Concept AB Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
45
Neutral
Cash Flow
70
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 12.78B | 6.58B | 6.14B | 6.87B | 6.25B |
| Gross Profit | 3.02B | 1.86B | 1.72B | 1.58B | 1.68B |
| EBITDA | 604.00M | 751.00M | 701.00M | 692.00M | 491.00M |
| Net Income | 131.00M | 311.00M | 270.00M | 243.00M | 95.00M |
Balance Sheet | |||||
| Total Assets | 12.47B | 7.08B | 5.77B | 6.58B | 6.02B |
| Cash, Cash Equivalents and Short-Term Investments | 971.00M | 1.51B | 578.00M | 756.00M | 208.00M |
| Total Debt | 4.75B | 1.23B | 1.24B | 1.83B | 1.44B |
| Total Liabilities | 8.08B | 2.82B | 2.56B | 3.41B | 3.24B |
| Stockholders Equity | 4.17B | 4.13B | 3.05B | 3.01B | 2.65B |
Cash Flow | |||||
| Free Cash Flow | 785.00M | 551.00M | 666.00M | 437.00M | -256.00M |
| Operating Cash Flow | 785.00M | 624.00M | 810.00M | 542.00M | -165.00M |
| Investing Cash Flow | -1.77B | -144.00M | -107.00M | -150.00M | -103.00M |
| Financing Cash Flow | 533.00M | 432.00M | -810.00M | 153.00M | -253.00M |
ITAB Shop Concept AB Technical Analysis
Neutral
17.44
Price Trends
14.99
Negative
16.54
Negative
17.54
Negative
Market Momentum
-0.20
Negative
53.01
Neutral
70.90
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ITAB, the sentiment is Neutral. The current price of 17.44 is above the 20-day moving average (MA) of 13.95, above the 50-day MA of 14.99, and below the 200-day MA of 17.54, indicating a neutral trend. The MACD of -0.20 indicates Negative momentum. The RSI at 53.01 is Neutral, neither overbought nor oversold. The STOCH value of 70.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:ITAB.
ITAB Shop Concept AB Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | kr5.69B | 21.43 | 10.13% | 3.29% | -0.69% | -14.04% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
60 Neutral | kr3.07B | 20.62 | 9.68% | 1.11% | -1.85% | -16.44% | |
56 Neutral | kr3.77B | 21.54 | 10.98% | 2.68% | 7.23% | 1.27% | |
53 Neutral | kr3.76B | 34.19 | 5.45% | ― | 73.48% | -46.74% | |
50 Neutral | kr504.10M | 523.54 | 2.03% | ― | -19.18% | -76.85% |
* Industrials Sector Average
SE:ITAB
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14.72
-5.53
-27.31%
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ITAB Shop Concept AB Corporate Events
ITAB’s HMY merger reshapes retail solutions group as profits lag integration costs
Feb 10, 2026
ITAB Shop Concept AB capped an eventful 2025 by completing the acquisition and merger with HMY, creating what it describes as a leading solutions provider for major retail chains while broadening its geographic reach and technological capabilities...
ITAB Schedules Webcast for 2025 Year-End Results
Jan 27, 2026
ITAB Shop Concept AB will publish its Year-End Report for 2025 on 10 February 2026 and has invited investors and analysts to a webcast and teleconference presentation the same morning, where Interim President CEO Glauco Frascaroli and CFO Andreas...
ITAB Shop Concept Increases Share Capital Through LTIP 2025 Share Issue
Dec 30, 2025
ITAB Shop Concept AB has increased its total number of shares and votes in December following the issue of 611,000 Class C shares tied to the company’s LTIP 2025 long-term incentive program. After the transaction, ITAB has 258,231,533 regist...
ITAB buys design agency Blink to bolster retail concept offering
Dec 19, 2025
ITAB Shop Concept AB has acquired all shares in Blink AB, a solution-focused Brand Retail Design agency with annual turnover of about SEK 13 million, in a move to strengthen its position in solution-based design for the retail sector. The acquisi...
ITAB Shop Concept AB Announces Share Issue and Repurchase for Incentive Program
Dec 16, 2025
ITAB Shop Concept AB has announced a strategic move to issue and repurchase 611,000 Class C shares to support its performance-based incentive program, LTIP 2025. This decision aims to ensure the delivery of ordinary shares to participating employe...
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.