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New Wave Group AB Class B (SE:NEWA.B)
:NEWA.B

New Wave Group AB Class B (NEWA.B) AI Stock Analysis

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New Wave Group AB Class B

(Frankfurt:NEWA.B)

Rating:78Outperform
Price Target:
kr138.00
▲(9.70%Upside)
New Wave Group AB demonstrates strong financial performance and positive technical indicators, driving a bullish outlook. The company's valuation is reasonable, enhancing its attractiveness. Despite past cash flow challenges, recent improvements highlight ongoing financial robustness.

New Wave Group AB Class B (NEWA.B) vs. iShares MSCI Sweden ETF (EWD)

New Wave Group AB Class B Business Overview & Revenue Model

Company DescriptionNew Wave Group AB (publ) designs, acquires, and develops brands and products in the corporate, sports, gifts, and home furnishings sectors in Sweden, the United States, Central Europe, rest of Nordiac countries, Southern Europe, and internationally. The company operates through segments: Corporate, Sports & Leisure, and Gifts & Home Furnishings. The Corporate segment offers promo wear products, such as clothes for printing and embroidery, as well as leisure, work, and sports clothes; promotional gifts, including pens, power banks, gift cards, bags, bed linens, and towels; and a range of work wear products comprising underwear, outer garments, reflective clothing, flame protective, and accessories for professional categories, which consist of construction and installation workers, painters and plasterers, transport and service, and hotel and restaurant workers. This segment offers its products under the D.A.D Sportswear, Hurricane, No Problems, BAGSFIRST, James Harvest Sportswear, Jingham, Mac One, Printer, Cottover, Clique, d-vice, Queen Anne, Toppoint, Grizzly, J. Harvest & Frost, Jobman, Graphix, Derby of Sweden, and ProJob brands. The Sports & Leisure segment provides clothes and shoes for sports, golf, hunting, fishing, shoe, and fashion trade under the Cutter & Buck, ANNIKA, Craft, Clique, AHEAD, Kate Lord, Paris Glove, Auclair, Laurentide, Seger, Termo Original, PAX, Marstrand, Sköna Marie, and Speedo brands. The Gifts & Home Furnishings segment offers gifts and home furnishing products under the Orrefors, Kosta Förlag, Lord Nelson Victory, Lord Nelson, Orrefors Hunting, Orrefors Jernverk, Nightingale, Queen Anne, Kosta Linnewäfveri, Kosta Boda, Kosta Boda Art Hotel, Kosta Lodge, ByOn, Victorian, VAKINME, and Sagaform brands. New Wave Group AB (publ) was incorporated in 1989 and is headquartered in Gothenburg, Sweden.
How the Company Makes MoneyNew Wave Group AB generates revenue through the sale of its diversified product lines across multiple sectors. The company's key revenue streams include corporate promotional products, which are sold to businesses looking to enhance their brand visibility; sports and leisure products, which include branded apparel and equipment sold to both retailers and directly to consumers; and gifts and home furnishings, which are distributed through various retail channels. New Wave Group's earnings are further supported by strategic partnerships with well-known brands and an extensive distribution network that spans multiple countries, enabling it to reach a broad customer base. Additionally, the company's investment in innovation and quality helps maintain competitive pricing and customer loyalty, contributing to its revenue growth.

New Wave Group AB Class B Financial Statement Overview

Summary
New Wave Group AB shows robust financial performance with consistent revenue growth and strong profit margins. The balance sheet is solid with reduced leverage and improved equity position, indicating financial stability. Cash flow management has improved, though past challenges require attention.
Income Statement
75
Positive
New Wave Group AB shows a positive revenue growth trend over the years, with a notable increase from 2020 to 2023. However, the growth slowed slightly in 2024. The company maintains solid gross and net profit margins, though the net profit margin decreased in 2024. Both EBIT and EBITDA margins are strong, indicating efficient operations.
Balance Sheet
85
Very Positive
The balance sheet reflects a strong financial position with increasing stockholders' equity and a notable decrease in total debt by 2024. The Debt-to-Equity ratio has improved significantly, indicating reduced leverage. The equity ratio is robust, showing a stable asset base funded by equity. The company's financial stability is a strong point.
Cash Flow
70
Positive
Operating cash flow has improved over time, with a substantial free cash flow growth observed in 2024. However, free cash flow was negative in 2022, indicating previous cash flow management challenges. The cash flow to net income ratios suggest adequate cash generation relative to net income.
Breakdown
TTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
9.72B9.53B9.51B8.84B6.72B6.10B
Gross Profit
3.93B4.71B4.78B4.38B3.23B2.64B
EBIT
1.29B1.26B1.58B1.51B1.01B545.90M
EBITDA
1.61B1.59B1.85B1.76B1.24B791.50M
Net Income Common Stockholders
903.10M880.40M1.12B1.17B760.30M365.50M
Balance SheetCash, Cash Equivalents and Short-Term Investments
448.00M545.80M372.60M419.40M327.90M325.10M
Total Assets
10.85B11.33B10.74B10.94B7.66B7.22B
Total Debt
0.002.36B2.40B2.75B1.40B2.14B
Net Debt
-448.00M1.82B2.03B2.33B1.07B1.82B
Total Liabilities
3.93B4.11B4.28B5.05B3.09B3.36B
Stockholders Equity
6.92B7.22B6.46B5.89B4.57B3.85B
Cash FlowFree Cash Flow
963.20M968.60M728.90M-494.20M1.08B1.15B
Operating Cash Flow
1.29B1.28B963.80M-360.00M1.21B1.21B
Investing Cash Flow
-331.00M-296.80M-220.90M-522.20M-114.20M-57.50M
Financing Cash Flow
-957.00M-830.10M-785.40M934.10M-1.11B-1.16B

New Wave Group AB Class B Technical Analysis

Technical Analysis Sentiment
Positive
Last Price125.80
Price Trends
50DMA
108.21
Positive
100DMA
106.63
Positive
200DMA
104.17
Positive
Market Momentum
MACD
3.52
Negative
RSI
71.83
Negative
STOCH
87.98
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NEWA.B, the sentiment is Positive. The current price of 125.8 is above the 20-day moving average (MA) of 119.66, above the 50-day MA of 108.21, and above the 200-day MA of 104.17, indicating a bullish trend. The MACD of 3.52 indicates Negative momentum. The RSI at 71.83 is Negative, neither overbought nor oversold. The STOCH value of 87.98 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:NEWA.B.

New Wave Group AB Class B Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
€16.65B18.4212.85%2.75%3.68%-11.21%
63
Neutral
$6.98B11.412.80%4.24%2.68%-24.94%
59
Neutral
kr5.34B16.13
5.58%
$787.48M86.462.00%4.74%
DE9RN
€47.75M-9.23%
DE0GE
€452.61M17.6223.17%2.54%
DE6BB
€131.19M16.8222.33%5.20%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:NEWA.B
New Wave Group AB Class B
125.80
9.91
8.55%
SE:BOOZT
Boozt AB
84.65
-46.25
-35.33%
FNXTF
Fenix Outdoor International AG
57.47
-8.64
-13.07%
DE:9RN
Nimbus Group AB
1.32
-0.87
-39.73%
DE:0GE
RVRC Holding AB
4.09
-0.62
-13.16%
DE:6BB
Bjorn Borg AB
5.12
0.08
1.59%
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.