Norditek Group AB (NOTEK) AI Stock Analysis

• Market Cap: kr183.25M
• Dividend Yield: N/A
• Average Volume (3M): 3.85K
• Price to Earnings (P/E): 16.9
• Beta (1Y): 0.38
• Revenue Growth: 75.21%
• EPS Growth: N/A
• Country: SE
• Employees: 11
• Sector: Technology
• Sector Strength: 83
• Industry: Waste Management
• EPS (TTM): 0.91
• Shares Outstanding: 12,637,727
• 10 Day Avg. Volume: 3,521
• 30 Day Avg. Volume: 3,855
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: kr16.00
• Price Target Upside: 7.38% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 63 Neutral
• Price Target: kr16.00 ▲(7.38% Upside)

The overall stock score of 63 reflects Norditek Group AB's solid cash flow management and stable balance sheet, which are offset by challenges in revenue growth and profitability. The technical indicators suggest bearish momentum, while the valuation is moderate. The absence of earnings call insights and corporate events limits further analysis.

Norditek Group AB Business Overview & Revenue Model

Company Description

Norditek Group AB (publ) develops, sells, leases, or rents out crushers, sorting plants, and proprietary machines to recycle and convert materials into salable products in Sweden. It also offers waste compactors, magnets, wind visibility and water bath products, used machines, and accessories. The company was founded in 1998 and is headquartered in Gothenburg, Sweden.

How the Company Makes Money

Norditek Group AB generates revenue through the sale and leasing of its machinery and equipment designed for recycling and waste processing. The company also offers maintenance and support services, which provide an additional stream of income. Partnerships with industrial clients and government entities to implement large-scale waste management projects are significant contributors to its earnings. Norditek may also engage in consultancy services, advising clients on optimizing their waste processing and recycling operations, further diversifying its revenue streams.

Norditek Group AB Financial Statement Overview

Summary

Norditek Group AB displays a mixed financial performance with strengths in cash flow management and a stable balance sheet, but faces challenges in revenue growth and profitability. The company's ability to generate cash and maintain a balanced leverage is commendable. However, enhancing revenue growth and improving returns on equity are crucial for future financial robustness.

Income Statement

The company has shown a mixed performance in its income statement. Although there is a decline in total revenue over the last year, the company maintains a positive gross profit margin of 44.93% and a modest net profit margin of 0.89%. However, the revenue growth rate has been negative compared to the previous period, indicating potential challenges in revenue generation. The EBIT margin is at 7.22% and the EBITDA margin at 12.94%, which are moderate but suggest room for improvement.

Balance Sheet

The balance sheet shows a stable equity position with a debt-to-equity ratio of 0.53, indicating a reasonable leverage level. The return on equity (ROE) stands at 0.97%, which is relatively low, suggesting limited profitability for shareholders. The equity ratio is 50.18%, reflecting a balanced asset financing strategy. Overall, the company's financial stability seems adequate but could benefit from improved equity returns.

Cash Flow

The cash flow statement demonstrates a strong recovery from previous periods with a significant positive free cash flow. The operating cash flow to net income ratio is robust at 32.42, indicating effective cash generation relative to net income. The free cash flow to net income ratio is 31.51, further highlighting solid cash efficiency. These metrics suggest strong operational cash flow management.

Breakdown	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	78.30M	91.64M	71.66M	70.59M	53.31M
Gross Profit	35.19M	39.23M	31.37M	29.64M	27.79M
EBITDA	10.13M	14.31M	14.32M	5.33M	12.25M
Net Income	696.00K	4.80M	6.71M	6.77M	7.28M
Balance Sheet
Total Assets	143.34M	141.40M	140.09M	98.15M	51.18M
Cash, Cash Equivalents and Short-Term Investments	11.09M	369.00K	16.35M	4.01M	5.49M
Total Debt	38.23M	46.44M	36.73M	39.50M	6.74M
Total Liabilities	71.40M	70.21M	74.24M	63.53M	20.17M
Stockholders Equity	71.94M	71.19M	65.86M	34.62M	31.01M
Cash Flow
Free Cash Flow	21.93M	-13.29M	-13.89M	-4.97M	3.45M
Operating Cash Flow	22.57M	-12.78M	-13.14M	-4.32M	4.50M
Investing Cash Flow	-647.00K	-508.00K	3.71M	4.41M	2.88M
Financing Cash Flow	-11.03M	-2.44M	21.76M	-1.61M	-9.57M

Norditek Group AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 14.90
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NOTEK, the sentiment is Positive. The current price of 14.9 is below the 20-day moving average (MA) of 15.46, below the 50-day MA of 15.66, and above the 200-day MA of 12.21, indicating a neutral trend. The MACD of -0.51 indicates Positive momentum. The RSI at 42.86 is Neutral, neither overbought nor oversold. The STOCH value of 18.93 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:NOTEK.

Norditek Group AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NOTEK	63 Neutral	kr183.25M	16.94		―	75.21%	―
Sector *	61 Neutral	$34.98B	7.37	-10.82%	1.91%	8.82%	-8.66%
1HR	―	€73.88M	11.19	-11.14%	―	―	―
8Y1	―	€11.13M	―	-31.89%	―	―	―
CRB	―	€6.09M	38.41	2.97%	―	―	―
7ST	―	€16.11M	―	-34.17%	―	―	―
SUD	―	€140.55M	151.89	2.69%	―	―	―