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Nordisk Bergteknik AB Class B (SE:NORB.B)
:NORB.B

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

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Nordisk Bergteknik AB Class B

(Frankfurt:NORB.B)

Rating:60Neutral
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 (NORB.B) vs. iShares MSCI Sweden ETF (EWD)

Nordisk Bergteknik AB Class B Business Overview & Revenue Model

Company DescriptionNordisk 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 MoneyNordisk 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
65
Positive
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
70
Positive
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
60
Neutral
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
TTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
3.38B3.31B3.53B3.40B1.92B1.58B
Gross Profit
1.07B2.03B144.60M1.92B1.14B947.50M
EBIT
90.30M104.40M133.00M238.40M92.80M120.90M
EBITDA
449.90M442.90M460.50M483.00M267.60M134.09M
Net Income Common Stockholders
21.00M9.60M40.40M144.40M44.70M13.20M
Balance SheetCash, Cash Equivalents and Short-Term Investments
16.50M107.90M124.10M254.90M455.80M72.70M
Total Assets
3.39B3.41B3.55B3.38B2.24B1.32B
Total Debt
1.56B1.58B1.53B1.40B805.60M698.80M
Net Debt
1.54B1.48B1.42B1.15B354.50M626.10M
Total Liabilities
2.18B2.19B2.33B2.13B1.27B1.01B
Stockholders Equity
1.20B1.23B1.21B1.22B947.30M286.30M
Cash FlowFree Cash Flow
39.20M90.60M50.10M300.00K-28.40M-60.00M
Operating Cash Flow
241.70M322.00M291.60M267.60M122.70M54.80M
Investing Cash Flow
-129.70M-154.80M-281.40M-405.40M-263.20M-108.90M
Financing Cash Flow
-178.60M-163.10M-153.90M-53.40M514.60M-53.40M

Nordisk Bergteknik AB Class B Technical Analysis

Technical Analysis Sentiment
Negative
Last Price10.90
Price Trends
50DMA
10.86
Negative
100DMA
11.71
Negative
200DMA
13.21
Negative
Market Momentum
MACD
-0.01
Positive
RSI
45.00
Neutral
STOCH
16.06
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

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
66
Neutral
kr3.00B28.884.29%1.47%0.37%818.34%
66
Neutral
$4.52B12.345.41%3.62%4.15%-12.18%
65
Neutral
kr1.36B-2.77%-2.53%83.08%
64
Neutral
kr6.64B22.658.49%2.59%-4.16%-50.90%
60
Neutral
kr621.03M29.441.69%0.45%109.30%
56
Neutral
kr679.53M-25.47%13.21%28.88%
51
Neutral
kr598.56M216.55-3.72%15.78%-182.05%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:NORB.B
Nordisk Bergteknik AB Class B
10.90
-7.58
-41.02%
SE:BALCO
Balco Group AB
25.60
-19.20
-42.86%
SE:BMAX
Byggmax Group AB
49.75
13.94
38.91%
SE:ELTEL
Eltel AB
8.70
1.30
17.57%
SE:INSTAL
Instalco AB
24.00
-17.94
-42.77%
SE:WBGR.B
Wastbygg Gruppen AB Class B
11.05
-28.64
-72.16%

Nordisk Bergteknik AB Class B Corporate Events

Nordisk Bergteknik AB Annual General Meeting Resolutions and Strategic Focus
May 15, 2025

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
May 6, 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.

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.