Nordisk Bergteknik AB Class B (NORB.B) AI Stock Analysis

• Market Cap: kr621.03M
• Dividend Yield: N/A
• Average Volume (3M): 46.95K
• Price to Earnings (P/E): 29.4
• Beta (1Y): 0.05
• Revenue Growth: 0.45%
• EPS Growth: 109.30%
• Country: SE
• Employees: 1,123
• Sector: Industrials
• Sector Strength: 90
• Industry: Engineering & Construction
• EPS (TTM): -0.06
• Shares Outstanding: 57,237,865
• 10 Day Avg. Volume: 23,707
• 30 Day Avg. Volume: 46,955
• PEG Ratio: 0.09
• Price to Book (P/B): 1.10
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.48K
• 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: kr16.99
• Price Target Upside: 55.91% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 60 Neutral
• Price Target: kr11.50 ▲(5.50%Upside)

Nordisk Bergteknik AB Class B exhibits moderate financial performance with stable operational efficiency but faces challenges in profitability and cash flow generation. Technical indicators are neutral, and the stock appears overvalued with a high P/E ratio. The lack of dividend yield further affects its valuation appeal.

Nordisk Bergteknik AB Class B Business Overview & Revenue Model

Company Description

Nordisk Bergteknik AB Class B (NORB.B) is a Swedish company that specializes in providing drilling, blasting, rock reinforcement, and other related services to the construction and mining industries. The company operates primarily in the Nordic region, offering solutions that ensure efficient and safe operations in challenging geological environments. Nordisk Bergteknik is committed to delivering high-quality services that support infrastructure development and resource extraction projects.

How the Company Makes Money

Nordisk Bergteknik AB generates revenue through its comprehensive suite of services tailored for the construction and mining sectors. Key revenue streams include drilling and blasting services, which are essential for preparing sites for construction or mining operations. The company also earns income from rock reinforcement services, which are crucial for stabilizing rock formations and ensuring the safety of ongoing projects. Additionally, Nordisk Bergteknik may engage in strategic partnerships with other firms in the industry to leverage expertise and expand its service offerings. Factors such as regional demand for construction, infrastructure development, and mining activities significantly influence the company's earnings.

Nordisk Bergteknik AB Class B Financial Statement Overview

Summary

The company's financial performance is moderate with a gross profit margin of 31.6% and stable operational efficiency. However, low net profit margin at 0.62% and challenges in cash flow generation indicate room for improvement.

Income Statement

The company's income statement shows moderate performance with a gross profit margin of 31.6% in the TTM period, indicating reasonable cost management. However, the net profit margin is low at 0.62%, reflecting tight profitability. Revenue growth has been inconsistent, with a decrease from the previous year. EBIT and EBITDA margins are stable, suggesting operational efficiency, but there is room for improvement in profitability.

Balance Sheet

The balance sheet indicates a solid equity position with an equity ratio of 35.6%, suggesting financial stability. The debt-to-equity ratio is 1.29, which is manageable but indicates a reliance on debt financing. Return on equity is low at 1.74%, pointing to challenges in generating returns on shareholder investment. Overall, the company maintains a stable financial structure.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth, which is a concern. The operating cash flow to net income ratio is favorable at 11.51, indicating strong cash generation relative to net income. However, the free cash flow to net income ratio is lower at 1.86, suggesting challenges in converting earnings into cash flow. The company needs to enhance its free cash flow generation.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
3.38B	3.31B	3.53B	3.40B	1.92B	1.58B
	Gross Profit
1.07B	2.03B	144.60M	1.92B	1.14B	947.50M
	EBIT
90.30M	104.40M	133.00M	238.40M	92.80M	120.90M
	EBITDA
449.90M	442.90M	460.50M	483.00M	267.60M	134.09M
	Net Income Common Stockholders
21.00M	9.60M	40.40M	144.40M	44.70M	13.20M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
16.50M	107.90M	124.10M	254.90M	455.80M	72.70M
	Total Assets
3.39B	3.41B	3.55B	3.38B	2.24B	1.32B
	Total Debt
1.56B	1.58B	1.53B	1.40B	805.60M	698.80M
	Net Debt
1.54B	1.48B	1.42B	1.15B	354.50M	626.10M
	Total Liabilities
2.18B	2.19B	2.33B	2.13B	1.27B	1.01B
	Stockholders Equity
1.20B	1.23B	1.21B	1.22B	947.30M	286.30M
Cash Flow		Free Cash Flow
39.20M	90.60M	50.10M	300.00K	-28.40M	-60.00M
	Operating Cash Flow
241.70M	322.00M	291.60M	267.60M	122.70M	54.80M
	Investing Cash Flow
-129.70M	-154.80M	-281.40M	-405.40M	-263.20M	-108.90M
	Financing Cash Flow
-178.60M	-163.10M	-153.90M	-53.40M	514.60M	-53.40M

Nordisk Bergteknik AB Class B Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 10.90
• 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:NORB.B, the sentiment is Negative. The current price of 10.9 is below the 20-day moving average (MA) of 10.92, above the 50-day MA of 10.86, and below the 200-day MA of 13.21, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 45.00 is Neutral, neither overbought nor oversold. The STOCH value of 16.06 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:NORB.B.

Nordisk Bergteknik AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BMAX	66 Neutral	kr3.00B	28.88	4.29%	1.47%	0.37%	818.34%
Sector *	66 Neutral	$4.52B	12.34	5.41%	3.62%	4.15%	-12.18%
ELTEL	65 Neutral	kr1.36B	―	-2.77%	―	-2.53%	83.08%
INSTAL	64 Neutral	kr6.64B	22.65	8.49%	2.59%	-4.16%	-50.90%
NORB.B	60 Neutral	kr621.03M	29.44	1.69%	―	0.45%	109.30%
WBGR.B	56 Neutral	kr679.53M	―	-25.47%	―	13.21%	28.88%
BALCO	51 Neutral	kr598.56M	216.55	-3.72%	―	15.78%	-182.05%

Nordisk Bergteknik AB Class B Corporate Events

Nordisk Bergteknik AB Annual General Meeting Resolutions and Strategic Focus

Nordisk Bergteknik AB held its Annual General Meeting on May 15, 2025, where several key resolutions were passed. The meeting approved the income statement and balance sheet for 2024, re-elected board members, and authorized new share issues and the acquisition of own shares. These decisions reflect the company’s strategic focus on growth and sustainability, potentially impacting its market position and stakeholder interests positively.

The most recent analyst rating on ($SE:NORB.B) stock is a Buy with a SEK25.00 price target. To see the full list of analyst forecasts on Nordisk Bergteknik AB Class B stock, see the SE:NORB.B Stock Forecast page.

Nordisk Bergteknik AB Reports Growth and Secures Major Contracts in Q1 2025

Nordisk Bergteknik AB reported a 10% increase in net sales for the first quarter of 2025, reaching SEK 827.5 million, with an organic growth rate of 11%. Despite a slight decline in operating profit and EBIT margin, the company secured its largest order to date, valued at approximately SEK 500 million, as a strategic subcontractor for the Swedish Transport Administration’s double-track expansion. Additionally, they received a SEK 170 million contract for concrete renovation from the Norwegian Ministry of Defense, indicating strong future prospects.