INVISIO AB (SE:IVSO)
:IVSO
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INVISIO AB
(IVSO)
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Rating:75Outperform
Price Target:
kr265.00
▼(-3.46% Downside)
Action:UpgradedDate:02/18/26
The score is driven primarily by strong financial quality (high margins and low leverage) despite a notable 2025 earnings slowdown and uneven cash conversion. Technicals are supportive with the stock trading above major moving averages and positive momentum. The main drag is expensive valuation (high P/E and low dividend yield).
Positive Factors
High Gross Margins
Consistently high gross margins (~56–60%) provide structural profitability and pricing power versus peers. Over a 2–6 month horizon this sustains operating cash generation, funds R&D and service support, and cushions profitability during lumpy procurement cycles common in defense markets.
Negative Factors
2025 Revenue & Earnings Slowdown
The step-down in 2025 revenue and materially lower EBIT/net income indicate weakening demand or margin headwinds that can persist across procurement cycles. Reduced earnings impair operating leverage, constrain reinvestment, and may delay strategic initiatives for several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
High Gross Margins
Consistently high gross margins (~56–60%) provide structural profitability and pricing power versus peers. Over a 2–6 month horizon this sustains operating cash generation, funds R&D and service support, and cushions profitability during lumpy procurement cycles common in defense markets.
Read all positive factors
INVISIO AB (IVSO) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr10.88B
Dividend Yield0.87%
Average Volume (3M)106.13K
Price to Earnings (P/E)55.7
Beta (1Y)0.97
Revenue Growth5.69%
EPS Growth4.82%
CountrySE
Employees294
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)3.60
Shares Outstanding46,179,634
10 Day Avg. Volume136,424
30 Day Avg. Volume106,133
Financial Highlights & Ratios
PEG Ratio-1.87
Price to Book (P/B)10.35
Price to Sales (P/S)6.99
P/FCF Ratio65.83
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)8.46
Revenue Forecast (FY)kr2.22B
INVISIO AB Business Overview & Revenue Model
Company Description
Invisio AB (publ) develops and sells personal communication and hearing protection systems for professionals in the defense and military, law enforcement, and security sectors in Sweden, Europe, North America, and internationally. The company offe...
How the Company Makes Money
INVISIO makes money primarily by selling hardware products—most notably tactical communication and hearing-protection headsets—along with complementary components such as control units (e.g., push-to-talk and in-vehicle/portable interface units), ...
INVISIO AB Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
90
Very Positive
Cash Flow
74
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.74B | 1.81B | 1.24B | 775.50M | 593.00M |
| Gross Profit | 1.01B | 1.01B | 747.30M | 449.80M | 340.40M |
| EBITDA | 377.90M | 463.40M | 285.60M | 96.10M | 52.10M |
| Net Income | 218.10M | 306.40M | 178.40M | 44.50M | 14.50M |
Balance Sheet | |||||
| Total Assets | 1.61B | 1.42B | 1.05B | 799.90M | 690.00M |
| Cash, Cash Equivalents and Short-Term Investments | 400.30M | 242.40M | 224.90M | 127.10M | 134.80M |
| Total Debt | 74.10M | 36.90M | 37.80M | 89.80M | 119.30M |
| Total Liabilities | 432.90M | 395.00M | 332.60M | 290.00M | 272.50M |
| Stockholders Equity | 1.17B | 1.03B | 720.40M | 509.90M | 417.50M |
Cash Flow | |||||
| Free Cash Flow | 184.50M | 145.50M | 151.30M | 8.20M | 72.40M |
| Operating Cash Flow | 330.90M | 157.00M | 204.70M | 41.70M | 91.00M |
| Investing Cash Flow | -148.90M | -77.90M | -55.00M | -33.50M | -191.90M |
| Financing Cash Flow | -8.60M | -70.70M | -48.50M | -25.10M | 73.00M |
INVISIO AB Technical Analysis
Negative
274.50
Price Trends
287.58
Negative
280.33
Negative
303.48
Negative
Market Momentum
-12.32
Positive
26.42
Positive
10.81
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:IVSO, the sentiment is Negative. The current price of 274.5 is below the 20-day moving average (MA) of 285.07, below the 50-day MA of 287.58, and below the 200-day MA of 303.48, indicating a bearish trend. The MACD of -12.32 indicates Positive momentum. The RSI at 26.42 is Positive, neither overbought nor oversold. The STOCH value of 10.81 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:IVSO.
INVISIO AB Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | kr10.88B | 55.69 | 21.88% | 0.87% | 5.69% | 4.82% | |
67 Neutral | kr20.52B | 48.34 | 12.76% | ― | 13.97% | 20.46% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | kr2.98B | 24.74 | 9.68% | 1.11% | -1.85% | -16.44% | |
50 Neutral | kr354.61M | -22.37 | 8.68% | ― | 9.30% | ― | |
47 Neutral | kr258.63M | -18.80 | -5.81% | ― | -9.79% | -144.24% | |
43 Neutral | kr399.71M | -8.02 | -52.89% | ― | 53.78% | 19.38% |
* Technology Sector Average
SE:IVSO
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INVISIO AB Corporate Events
INVISIO Closes Record Quarter on Strength of Major Defense Contracts
Feb 12, 2026
INVISIO AB strengthened its position in the defense communications market in 2025, securing a five-year framework agreement with the Dutch Ministry of Defense worth up to SEK 365 million and major orders from an existing European customer and the ...
INVISIO Schedules February 12 Conference Call to Present Year-End Report
Feb 5, 2026
INVISIO AB has invited media, investors, and analysts to a conference call on February 12, 2026, at 15:00 CET, where CEO Lars Højgård Hansen will present the company’s year-end report, which will be published one hour earlier. The ...
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.