Mantex AB (MANTEX) AI Stock Analysis

• Market Cap: €24.30M
• Dividend Yield: N/A
• Average Volume (3M): 2.56K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.35
• Revenue Growth: -77.07%
• EPS Growth: -9.14%
• Country: SE
• Employees: 10
• Sector: Industrials
• Sector Strength: 89
• Industry: Industrial - Machinery
• EPS (TTM): -2.49
• Shares Outstanding: 2,169,645
• 10 Day Avg. Volume: 3,122
• 30 Day Avg. Volume: 2,556
• PEG Ratio: <0.01
• Price to Book (P/B): 0.72
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.87
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 45 Neutral
• Price Target: kr10.50 ▼(-3.67%Downside)

Mantex AB's stock score reflects substantial financial challenges and unattractive valuation metrics, which are the most significant factors. While technical analysis shows some short-term momentum, it is insufficient to offset the negative financial and valuation aspects. The company's precarious financial position and reliance on external financing are key risks.

Mantex AB Business Overview & Revenue Model

Company Description

Mantex AB (publ) manufactures and sells industrial X-ray scanners for bioenergy, pulp and paper, research, and other applications in Sweden and internationally. It offers biofuel analyzers that assess the quality of wood-based biofuels and flow scanners to scan wood chips for pulp and paper production. The company was founded in 1987 and is based in Kista, Sweden.

How the Company Makes Money

Mantex AB generates revenue through the sale and leasing of its proprietary measurement instruments, such as the Biofuel Analyzer and the Flow Scanner. These tools are used by companies in the biomass and recycling industries to optimize their operations and improve material handling processes. Additionally, Mantex offers maintenance services, software updates, and customer support as part of their service offerings, which provide recurring revenue streams. Partnerships with industry leaders and continuous innovation in their technology further drive sales and market expansion, contributing to the company's earnings.

Mantex AB Financial Statement Overview

Summary

Mantex AB faces significant financial challenges, characterized by declining revenues, consistent losses, and negative cash flows. The company's low leverage is a strength, but the reliance on external financing to cover operational cash deficits is concerning. Overall, the financial position is precarious, requiring strategic improvements to ensure long-term viability.

Income Statement

Mantex AB's income statement reveals a continuous decline in revenue over recent years, with the most significant drop from 2019 to 2020. Gross profit margin has been negative in some years, indicating operational challenges. The net profit margin is consistently negative, reflecting ongoing losses. Despite some fluctuations, EBIT and EBITDA margins have remained negative, highlighting profitability issues.

Balance Sheet

The balance sheet shows a relatively low debt-to-equity ratio due to minimal debt levels, which is a positive aspect. However, the company has been consistently operating at a loss, affecting return on equity (ROE), which remains negative. The equity ratio is strong, indicating a solid equity base compared to total assets, but the continuous losses are a concern.

Cash Flow

Cash flow analysis shows negative free cash flow growth, with operating cash flow consistently negative, indicating cash outflows from operations. The free cash flow to net income ratio is unfavourable due to ongoing losses. The company relies heavily on financing activities to support cash flow, which poses potential risks if external funding becomes constrained.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.44M	2.66M	6.83M	1.44M	101.99K	1.98M
Gross Profit	2.20M	2.83M	5.40M	908.59K	-426.28K	1.41M
EBITDA	-17.63M	-25.16M	-16.43M	-15.24M	-15.93M	-8.57M
Net Income	-18.28M	-26.07M	-16.69M	-15.40M	-16.67M	-9.39M
Balance Sheet
Total Assets	30.77M	36.34M	35.75M	27.26M	29.71M	11.80M
Cash, Cash Equivalents and Short-Term Investments	789.00K	5.99M	15.82M	10.50M	18.62M	3.42M
Total Debt	0.00	1.70M	4.15M	0.00	0.00	0.00
Total Liabilities	3.69M	6.25M	7.70M	3.01M	2.14M	1.80M
Stockholders Equity	27.08M	30.09M	28.05M	24.24M	27.57M	10.00M
Cash Flow
Free Cash Flow	-21.81M	-25.33M	-16.01M	-17.59M	-17.87M	-9.55M
Operating Cash Flow	-21.81M	-25.33M	-16.01M	-17.59M	-17.87M	-9.49M
Investing Cash Flow	0.00	-8.48M	-3.31M	-2.74M	-703.69K	-64.89K
Financing Cash Flow	14.38M	23.97M	24.65M	12.20M	33.78M	11.37M

Mantex AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 10.90
• 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:MANTEX, the sentiment is Negative. The current price of 10.9 is above the 20-day moving average (MA) of 10.82, above the 50-day MA of 10.87, and below the 200-day MA of 15.76, indicating a neutral trend. The MACD of 0.06 indicates Negative momentum. The RSI at 50.42 is Neutral, neither overbought nor oversold. The STOCH value of 32.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:MANTEX.

Mantex AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$10.75B	15.65	5.18%	1.92%	3.09%	-27.41%
MANTEX	45 Neutral	€24.30M	―	-100.44%	―	-77.07%	-9.14%
BO6		€7.57M	―	-103.44%	―	―	―
GO91		€9.76M	18.50	4.23%	―	―	―
CRB		€6.21M	72.92		―	―	―
6WZ0		€5.35M	―	-36.51%	―	―	―
M16		€33.27M	―	-92.77%	―	―	―