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

• Market Cap: €652.51M
• Dividend Yield: N/A
• Average Volume (3M): 31.45K
• Price to Earnings (P/E): 51.4
• Beta (1Y): -0.06
• Revenue Growth: 2.41%
• EPS Growth: N/A
• Country: SE
• Employees: 1,123
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.33
• Shares Outstanding: 57,237,865
• 10 Day Avg. Volume: 40,542
• 30 Day Avg. Volume: 31,455
• 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: €12.04
• Price Target Upside: 5.59% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 56 Neutral
• Price Target: kr12.00 ▲(5.26% Upside)

Nordisk Bergteknik AB's overall stock score is primarily influenced by its strong revenue growth and improving cash flow, which are offset by high leverage and weak profitability. The technical indicators suggest a bearish trend, and the high P/E ratio indicates overvaluation. The lack of earnings call data and corporate events limits additional insights.

Nordisk Bergteknik AB Class B Business Overview & Revenue Model

Company Description

Nordisk Bergteknik AB (publ), together with its subsidiaries, provides rock handling and foundation solutions in Sweden and Norway. Its rock handling services include drilling, excavation, wire sawing, rock reinforcement, shaft work, scaling, shotcreting, soil nailing, and grouting services; and rock safety and concrete rehabilitation of bridges, piers, and buildings, as well as offers hanging nets, bolting, and protection services against rockfalls, buildings and roads. The company's foundation services comprise piling, sheet piling, foundation reinforcement, grouting, and groundwater lowering. It undertakes projects in the field of infrastructure, construction, wind farms, mines, natural environments, and other areas. The company was founded in 1966 and is headquartered in Gothenburg, Sweden.

How the Company Makes Money

Nordisk Bergteknik AB generates revenue through a diversified range of services primarily centered around rock engineering and infrastructure projects. The company earns money by offering specialized services such as drilling, blasting, and rock reinforcement, which are essential in construction and mining projects. Revenue is driven by contracts with construction firms, mining companies, and government infrastructure projects that require its expertise in managing complex geological conditions. Furthermore, strategic partnerships and long-term contracts with key clients in the Nordic region contribute to a stable revenue stream. The company may also engage in collaborative projects that leverage its technical expertise, enhancing its market position and financial performance.

Nordisk Bergteknik AB Class B Financial Statement Overview

Summary

Nordisk Bergteknik AB shows strong revenue growth and improving cash flow generation. However, challenges in profitability and high leverage are significant concerns. The company's ability to manage costs and improve profit margins will be crucial for future financial health.

Income Statement

Nordisk Bergteknik AB shows a mixed performance in its income statement. The TTM (Trailing-Twelve-Months) revenue growth rate is strong at 46.7%, indicating robust top-line expansion. However, the gross profit margin has significantly decreased to 31.6% from previous higher levels, suggesting increased cost pressures. The net profit margin remains low at 0.62%, reflecting challenges in translating revenue growth into bottom-line profitability. The EBIT and EBITDA margins are stable, but overall profitability remains a concern.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 1.29 in the TTM, indicating significant leverage which could pose financial risk. Return on equity is low at 1.72%, suggesting inefficient use of equity capital. The equity ratio stands at 35.6%, showing a moderate level of equity financing. While the company has managed to maintain its equity base, the high leverage could limit financial flexibility.

Cash Flow

Cash flow analysis shows a positive trend with a substantial free cash flow growth rate of 101.02% in the TTM, indicating improved cash generation. The operating cash flow to net income ratio is 3.11, suggesting strong cash conversion from earnings. However, the free cash flow to net income ratio is relatively low at 0.16, highlighting potential challenges in sustaining free cash flow levels. Overall, cash flow management appears to be improving.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.40B	3.31B	3.53B	3.40B	1.92B	1.58B
Gross Profit	1.56B	2.03B	144.60M	1.92B	1.14B	947.50M
EBITDA	432.50M	442.90M	460.50M	483.00M	267.60M	134.09M
Net Income	12.70M	9.60M	40.40M	144.40M	44.70M	13.20M
Balance Sheet
Total Assets	3.44B	3.41B	3.55B	3.38B	2.24B	1.32B
Cash, Cash Equivalents and Short-Term Investments	43.30M	122.90M	124.10M	254.90M	455.80M	72.70M
Total Debt	1.54B	1.54B	1.53B	1.40B	805.60M	698.80M
Total Liabilities	2.22B	2.19B	2.33B	2.13B	1.27B	1.01B
Stockholders Equity	1.23B	1.23B	1.21B	1.22B	947.30M	286.30M
Cash Flow
Free Cash Flow	78.80M	90.60M	50.10M	300.00K	-28.40M	-60.00M
Operating Cash Flow	306.10M	322.00M	291.60M	267.60M	122.70M	54.80M
Investing Cash Flow	-164.70M	-154.80M	-281.40M	-405.40M	-263.20M	-108.90M
Financing Cash Flow	-135.90M	-163.10M	-153.90M	-53.40M	514.60M	-53.40M

Nordisk Bergteknik AB Class B Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 11.40
• 50DMA: Negative
• 100DMA: Positive
• 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:NORB.B, the sentiment is Negative. The current price of 11.4 is below the 20-day moving average (MA) of 11.59, below the 50-day MA of 11.76, and below the 200-day MA of 11.86, indicating a bearish trend. The MACD of -0.05 indicates Negative momentum. The RSI at 49.12 is Neutral, neither overbought nor oversold. The STOCH value of 70.59 is Neutral, 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
BYGGP	70 Outperform	kr1.36B	16.70	15.74%	1.66%	-2.11%	74.17%
FG	62 Neutral	kr1.89B	-1,231.58	-0.13%	4.84%	3.60%	-100.91%
NORB.B	56 Neutral	€652.51M	51.37	1.08%	―	2.41%	―
ELTEL	45 Neutral	kr1.42B	-53.04	―	―	-6.41%	90.48%
WBGR.B	41 Neutral	kr569.11M	-0.91	-51.64%	―	14.09%	-55.78%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Nordisk Bergteknik AB Class B Corporate Events

Nordisk Bergteknik Secures Extended Financing for Growth

Nordisk Bergteknik has extended its financing agreement with Swedbank and Nordea, securing a SEK 400 million bank loan and a SEK 650 million credit facility, both maturing in the third quarter of 2028. Additionally, the company has arranged for an extra SEK 200 million credit facility for future investments and acquisitions, with the agreement potentially including a sustainability component. This financial arrangement is expected to support Nordisk Bergteknik’s growth strategy, facilitating continued expansion and acquisitions.

The most recent analyst rating on ($SE:NORB.B) stock is a Buy with a SEK24.00 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.