Maha Energy AB Class A (MAHA.A) AI Stock Analysis

• Market Cap: kr693.26M
• Dividend Yield: N/A
• Average Volume (3M): 135.06K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.31
• Revenue Growth: 44.25%
• EPS Growth: -39.47%
• Country: SE
• Employees: 25
• Sector: Energy
• Sector Strength: 47
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.37
• Shares Outstanding: 178,444,750
• 10 Day Avg. Volume: 169,347
• 30 Day Avg. Volume: 135,057
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: kr4.02
• Price Target Upside: 5.89% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: kr4.00 ▲(5.26% Upside)

Maha Energy AB Class A's overall stock score reflects substantial financial performance challenges, particularly in profitability and cash flow management, which weigh heavily on the score. Technical analysis offers some neutral signals with slight positive momentum, but the valuation is a significant concern due to a negative P/E ratio. The absence of earnings call data and corporate events leaves these areas unaccounted for.

Maha Energy AB Class A Business Overview & Revenue Model

Company Description

Maha Energy AB Class A is a Swedish-based independent exploration and production company focused on upstream oil and gas activities. The company specializes in acquiring and developing onshore hydrocarbon assets, primarily targeting proven fields with potential for increased production through enhanced recovery techniques. With its operations primarily in Brazil, Maha Energy AB leverages advanced technologies and strategic expertise to optimize its asset portfolio and maximize output.

How the Company Makes Money

Maha Energy AB generates revenue primarily through the extraction and sale of crude oil and natural gas. The company acquires interests in oil and gas fields, often in mature or underdeveloped areas, and applies enhanced recovery techniques to increase production. Revenue is earned by selling the produced hydrocarbons on the open market, where prices are determined by global oil and gas price dynamics. Additionally, Maha Energy AB may engage in strategic partnerships and joint ventures to optimize resource utilization and expand operational capabilities, potentially resulting in shared revenues and reduced operational risks.

Maha Energy AB Class A Financial Statement Overview

Summary

Maha Energy AB faces significant financial challenges, with low profitability and negative cash flows. The income statement shows declining revenues and negative margins, while the balance sheet reflects potential liquidity issues despite a strong equity position.

Income Statement

The income statement reveals significant challenges in profitability. Gross profit margins are low, and net income has been deeply negative in recent periods, indicating operational inefficiencies and potential issues with cost management. The declining revenue trend, particularly the substantial drop from 2021 to recent TTM data, highlights a need for strategic adjustments to stabilize revenue streams. The company is currently struggling to maintain positive EBIT and EBITDA margins, with both being negative for the latest periods.

Balance Sheet

The balance sheet reflects a moderately stable financial position with strong stockholders' equity relative to liabilities, suggesting a low leverage risk. However, the debt-to-equity ratio is low due to high equity, indicating limited financial risk on the debt front. A positive equity ratio is a strength, but the overall decline in total assets and equity in recent periods may signal potential liquidity or investment challenges.

Cash Flow

Cash flow statements indicate negative free cash flow and operating cash flow in the TTM period, signifying potential liquidity concerns. The negative free cash flow growth rate and the high ratio of operating cash flow to net income suggest inefficiencies in cash generation from operations. While there is a positive trend in investing cash flow, possibly from asset sales, the overall cash flow picture remains weak, requiring attention to improve cash management.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	8.49M	5.23M	12.33M	68.31M	39.02M
Gross Profit	1.33M	361.00K	3.74M	37.52M	17.69M
EBITDA	-43.03M	2.23M	9.57M	2.61M	-3.13M
Net Income	-32.56M	-33.95M	22.93M	21.59M	-10.26M
Balance Sheet
Total Assets	127.75M	201.90M	218.35M	168.11M	124.02M
Cash, Cash Equivalents and Short-Term Investments	96.46M	88.29M	19.52M	25.54M	6.68M
Total Debt	417.00K	34.98M	46.24M	58.94M	40.72M
Total Liabilities	8.02M	47.08M	77.46M	76.69M	68.47M
Stockholders Equity	119.73M	154.82M	140.90M	91.42M	55.56M
Cash Flow
Free Cash Flow	-12.89M	-28.91M	-8.03M	-15.97M	-15.74M
Operating Cash Flow	-9.18M	-12.68M	54.66M	31.00M	18.98M
Investing Cash Flow	-40.47M	92.65M	-62.68M	-46.99M	-33.58M
Financing Cash Flow	-28.93M	-14.41M	6.38M	35.95M	492.00K

Maha Energy AB Class A Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.80
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:MAHA.A, the sentiment is Positive. The current price of 3.8 is below the 20-day moving average (MA) of 3.84, above the 50-day MA of 3.79, and below the 200-day MA of 5.05, indicating a neutral trend. The MACD of 0.02 indicates Negative momentum. The RSI at 52.76 is Neutral, neither overbought nor oversold. The STOCH value of 49.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:MAHA.A.

Maha Energy AB Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	57 Neutral	HK$77.97B	2.37	-2.73%	5.70%	-1.81%	-50.18%
MAHA.A	48 Neutral	kr693.26M	―	-33.80%	―	44.25%	-39.47%
ORRON	43 Neutral	kr1.26B	―	-9.72%	―	-19.77%	-846.52%

Maha Energy AB Class A Corporate Events

Maha Energy Partners with Keo World to Finance Latin American Credit Card Program

Maha Energy AB has entered into a partnership agreement with Keo World Inc. to finance Keo’s corporate credit card program in Latin America. This strategic move involves establishing a secured revolving credit facility of up to USD 100 million, which will support Keo’s B2B payment solutions and corporate credit card offerings. The transaction aligns with Maha’s strategic direction to enhance cash management efficiency and shareholder value, while also providing an option for Maha to acquire equity in Keo SPV, potentially benefiting from the growth of Keo’s fintech platform.

Maha Energy AB Announces Strategic Amendments at Extra General Meeting

Maha Energy AB held an extra general meeting where it was resolved to amend the company’s business name to one of several proposed alternatives and to adjust its business objectives to include owning and managing property. These changes reflect Maha’s strategic direction to align its corporate identity and operations with its investment focus.

Maha Energy Launches Share Buy-back Program to Optimize Capital Structure

Maha Energy AB’s Board of Directors has initiated a share buy-back program, authorized by the annual general meeting, to repurchase up to 10% of its shares. This program aims to optimize the company’s capital structure and provide flexibility for acquisitions and incentive programs, with Pareto Securities managing the execution.

Maha Energy AB Announces Extra General Meeting for Strategic Amendments

Maha Energy AB has announced an extra general meeting scheduled for July 16, 2025, where shareholders will discuss amendments to the company’s articles of association, including a potential name change to Maha AB and adjustments to the company’s business objectives. This meeting is significant as it may redefine the company’s strategic direction and corporate identity, impacting its market positioning and stakeholder interests.

Maha Energy Expands Investment Mandate for Diversification

Maha Energy AB has announced plans to expand its investment mandate to become a diversified investment platform, enabling more dynamic capital allocation across various high-potential markets. This strategic shift aims to enhance long-term shareholder value by diversifying its investment portfolio beyond energy and minerals, allowing the company to explore countercyclical sectors and improve profitability and cash flow generation.

Maha Energy AB Holds Annual General Meeting, Approves Key Resolutions

At the Annual General Meeting, Maha Energy AB’s shareholders approved the income statements and balance sheets for 2024, discharged the Board and CEO from liability, and decided not to distribute dividends, opting to carry forward available funds. The meeting also saw the re-election of several board members and the introduction of Carlos Gomez-Lackington to the board. Additionally, the board was authorized to repurchase shares and issue new shares, warrants, and convertible debentures, potentially increasing the share capital by 20%. These resolutions aim to enhance the company’s financial flexibility and strategic positioning.

Maha Energy Reports Q1 2025 Results and Strategic Focus Shift

Maha Energy AB reported a decrease in daily oil production and operating netback for Q1 2025, attributed to natural declines and reduced revenue, though mitigated by lower production costs. The company saw an increase in other income and a net finance gain, with a focus on financial investments in energy and minerals. Subsequent to the quarter, Maha Energy continued its share buy-back program and concluded technical discussions for Venezuelan field development.

Maha Energy to Present Q1 2025 Interim Report

Maha Energy AB announced the release of its Q1 2025 interim report on May 20, 2025, followed by a live webcast presentation by CEO Roberto Marchiori. This event offers stakeholders insights into the company’s recent developments and future prospects, potentially impacting its market positioning and investor relations.