Norditek Group AB (NOTEK) AI Stock Analysis

• Market Cap: kr171.64M
• Dividend Yield: N/A
• Average Volume (3M): 5.14K
• Price to Earnings (P/E): 11.9
• Beta (1Y): 0.66
• Revenue Growth: 37.36%
• EPS Growth: 1536.66%
• Country: SE
• Employees: 11
• Sector: Technology
• Sector Strength: 88
• Industry: Waste Management
• EPS (TTM): 0.27
• Shares Outstanding: 13,731,187
• 10 Day Avg. Volume: 1,027
• 30 Day Avg. Volume: 5,145
• PEG Ratio: 0.01
• Price to Book (P/B): 1.96
• Price to Sales (P/S): 1.79
• P/FCF Ratio: -33.48
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 64 Neutral
• Price Target: kr13.50 ▼(-2.17% Downside)
• Action: Reiterated Date: 01/17/26
• Date: Action: Reiterated 01/17/26

The score is held back mainly by weak cash generation and deeply negative TTM free cash flow despite improved reported profitability. Offsetting this, the stock’s technical setup is strong (price above key moving averages with positive MACD), while valuation is broadly moderate at a ~17.3 P/E.

Positive Factors

Revenue Growth

Sustained TTM revenue growth and materially improved operating and net margins signal that the core equipment and project business is gaining traction. Over 2–6 months this supports durable topline momentum and suggests market demand and execution are improving, aiding long-term cash generation if conversion follows.

Negative Factors

Weak Cash Conversion

Earnings are not translating into cash: deeply negative trailing free cash flow and very low operating cash flow create durable funding risk. This pattern limits internal funding for growth or spare parts inventory, increases reliance on external financing, and raises execution risk on multi‑month projects.

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...

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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...

How the Company Makes Money

Norditek Group AB makes money primarily by selling environmental and bulk-material processing equipment and delivering project-based solutions to customers that need to sort and process waste and recyclable materials. Key revenue streams typically...

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Norditek Group AB makes money primarily by selling environmental and bulk-material processing equipment and delivering project-based solutions to customers that need to sort and process waste and recyclable materials. Key revenue streams typically...

Norditek Group AB Financial Statement Overview

Breakdown	TTM	Aug 2025	Aug 2024	Aug 2023	Aug 2022	Aug 2021
Income Statement
Total Revenue	115.44M	107.55M	78.30M	91.64M	71.66M	70.59M
Gross Profit	30.01M	17.05M	35.19M	39.23M	31.37M	29.64M
EBITDA	22.16M	22.07M	10.13M	14.31M	14.32M	5.33M
Net Income	11.19M	11.44M	696.00K	4.80M	6.71M	6.77M
Balance Sheet
Total Assets	198.60M	178.75M	143.34M	141.40M	140.09M	98.15M
Cash, Cash Equivalents and Short-Term Investments	6.15M	20.61M	11.09M	369.00K	16.35M	4.01M
Total Debt	52.24M	42.19M	38.23M	46.44M	36.73M	39.50M
Total Liabilities	97.02M	80.83M	71.40M	70.21M	74.24M	63.53M
Stockholders Equity	101.59M	97.92M	71.94M	71.19M	65.86M	34.62M
Cash Flow
Free Cash Flow	-29.51M	-5.74M	21.93M	-13.29M	-13.89M	-4.97M
Operating Cash Flow	572.00K	7.86M	22.57M	-12.78M	-13.14M	-4.32M
Investing Cash Flow	-34.51M	-18.03M	-647.00K	-508.00K	3.71M	4.41M
Financing Cash Flow	38.22M	19.96M	-11.03M	-2.44M	21.76M	-1.61M

Norditek Group AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13.80
• 50DMA: Negative
• 100DMA: Negative
• 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:NOTEK, the sentiment is Negative. The current price of 13.8 is above the 20-day moving average (MA) of 12.86, above the 50-day MA of 13.70, and below the 200-day MA of 14.07, indicating a bearish trend. The MACD of -0.31 indicates Negative momentum. The RSI at 40.10 is Neutral, neither overbought nor oversold. The STOCH value of 65.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:NOTEK.

Norditek Group AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SVIK	69 Neutral	kr2.47B	59.05	9.66%	0.82%	3.86%	-28.91%
NOTEK	64 Neutral	kr171.64M	11.90	―	―	37.36%	1536.66%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
AXOLOT	53 Neutral	kr105.38M	-13.81	-17.60%	―	-27.29%	72.72%
CIRCHE	49 Neutral	kr41.81M	-2.71	-25.32%	―	―	―
SES	44 Neutral	kr268.46M	-2.12	-20.69%	―	-79.18%	-257.25%
SOLT	42 Neutral	kr106.22M	-0.10	-96.77%	―	-24.54%	-102.75%