Nederman Holding AB (NMAN) AI Stock Analysis

• Market Cap: kr5.82B
• Dividend Yield: 2.42%
• Average Volume (3M): 11.57K
• Price to Earnings (P/E): 20.3
• Beta (1Y): 0.74
• Revenue Growth: -0.99%
• EPS Growth: -18.07%
• Country: SE
• Employees: 2,492
• Sector: Industrials
• Sector Strength: 73
• Industry: Industrial - Machinery
• EPS (TTM): 2.08
• Shares Outstanding: 35,146,020
• 10 Day Avg. Volume: 12,978
• 30 Day Avg. Volume: 11,571
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: kr186.00
• Price Target Upside: 12.18% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 64 Neutral
• Price Target: kr186.00 ▲(12.18% Upside)

The overall stock score of 64 reflects a stable financial performance with reasonable profitability but highlights concerns over negative revenue and cash flow growth. Technical indicators suggest a neutral to slightly overbought condition, while valuation metrics indicate moderate attractiveness. The absence of recent earnings call data and corporate events limits further insights.

Nederman Holding AB Business Overview & Revenue Model

Company Description

Nederman Holding AB is a global leader in industrial air filtration solutions, headquartered in Sweden. The company operates in sectors such as manufacturing, metalworking, woodworking, and other industries that require dust and fume extraction systems. Nederman's core products and services include air filtration systems, dust collectors, industrial vacuum systems, and related accessories designed to improve workplace safety, environmental performance, and production efficiency.

How the Company Makes Money

Nederman Holding AB generates revenue primarily through the sale of its air filtration systems and related products. The company's key revenue streams include equipment sales, after-sales services such as maintenance and spare parts, and installation services. Nederman also benefits from long-term contracts with industrial facilities that require ongoing air quality management. Significant partnerships with distributors and industrial clients enhance its market reach and contribute to its earnings by facilitating access to a diverse customer base across multiple regions. Additionally, Nederman's focus on innovation and sustainability aligns with increasing regulatory demands for cleaner industrial operations, further driving demand for its solutions.

Nederman Holding AB Financial Statement Overview

Summary

Nederman Holding AB demonstrates a stable financial position with reasonable profitability margins. However, the negative revenue and free cash flow growth rates in the TTM highlight potential challenges in sustaining growth. The company's leverage is managed well, but declining ROE and cash flow metrics suggest areas for improvement.

Income Statement

Nederman Holding AB's income statement shows mixed performance. The TTM data indicates a decline in revenue growth rate, which is concerning. However, the company maintains a stable gross profit margin around 39.6% and a net profit margin of 4.9%. The EBIT and EBITDA margins have decreased slightly over the TTM, reflecting some pressure on operational efficiency. Overall, while profitability remains reasonable, the negative revenue growth trend is a key concern.

Balance Sheet

The balance sheet reflects a moderate financial position with a debt-to-equity ratio of 1.02 in the TTM, indicating a balanced leverage level. The return on equity has slightly decreased to 11.2%, suggesting a dip in profitability relative to equity. The equity ratio stands at 35.2%, showing a stable capital structure. The company appears to manage its debt well, but the slight decline in ROE warrants attention.

Cash Flow

Cash flow analysis reveals challenges, with a negative free cash flow growth rate of -8.5% in the TTM. The operating cash flow to net income ratio is 0.26, indicating moderate cash generation efficiency. The free cash flow to net income ratio is 0.46, showing some pressure on cash flow relative to earnings. The decline in free cash flow growth is a concern, impacting overall cash flow health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.88B	5.90B	6.19B	5.18B	4.04B	3.67B
Gross Profit	2.33B	2.32B	2.25B	1.87B	1.52B	1.39B
EBITDA	804.10M	900.10M	863.80M	704.50M	632.10M	372.70M
Net Income	286.90M	345.20M	340.90M	328.70M	305.30M	110.40M
Balance Sheet
Total Assets	7.02B	7.25B	6.42B	6.22B	4.73B	4.25B
Cash, Cash Equivalents and Short-Term Investments	530.40M	825.20M	815.20M	721.20M	541.60M	466.80M
Total Debt	2.53B	2.48B	2.12B	2.13B	1.51B	1.77B
Total Liabilities	4.55B	4.53B	4.05B	4.03B	3.01B	2.95B
Stockholders Equity	2.47B	2.72B	2.37B	2.19B	1.72B	1.30B
Cash Flow
Free Cash Flow	229.20M	343.20M	380.70M	174.90M	410.80M	219.30M
Operating Cash Flow	500.70M	595.90M	576.30M	345.70M	519.80M	327.50M
Investing Cash Flow	-459.00M	-293.50M	-236.70M	-615.30M	-120.90M	-181.50M
Financing Cash Flow	-58.20M	-321.20M	-224.20M	402.70M	-356.80M	-79.00M

Nederman Holding AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 165.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NMAN, the sentiment is Negative. The current price of 165.8 is below the 20-day moving average (MA) of 169.25, below the 50-day MA of 171.36, and below the 200-day MA of 191.65, indicating a bearish trend. The MACD of -1.52 indicates Positive momentum. The RSI at 42.22 is Neutral, neither overbought nor oversold. The STOCH value of 18.46 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:NMAN.

Nederman Holding AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NMAN	64 Neutral	kr5.82B	20.29		2.42%	-0.99%	-18.07%
Sector *	64 Neutral	$10.73B	15.74	7.56%	2.01%	2.76%	-15.10%
ECTXF	―	$1.80B	23.28	15.19%	1.45%	―	―
5TOA	―	€757.50M	31.01	14.35%	―	―	―
2GP	―	€1.50B	22.77	9.98%	―	―	―
7X9	―	€168.05M	―	-39.65%	―	―	―
ABSO	57 Neutral	kr2.83B	32.89		1.30%	-8.40%	-40.98%

Nederman Holding AB Corporate Events

Nederman Holding AB Reports Growth Amid Market Uncertainties

Nederman Holding AB reported a currency-neutral growth in orders and sales for Q2 2025, despite geopolitical challenges and market uncertainties. The company continues to invest in innovation and production capabilities, launching new products like the Fume Eliminator GoMax and expanding its market presence through strategic acquisitions, while maintaining a strong order backlog and healthy profitability.