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OXE Marine
(OXE)
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Rating:41Neutral
Price Target:
kr0.20
▼(-16.25% Downside)
Action:Reiterated
Date:08/06/26
The score is driven primarily by very weak financial performance—persistent losses, negative margins, shrinking TTM revenue, and continued cash burn—only partly offset by improved leverage. Technicals add pressure with a clear downtrend versus key moving averages and negative MACD, while valuation is difficult to support given a negative P/E and no dividend yield data.
Positive Factors
Improved leverage and balance-sheet resilience
Material deleveraging meaningfully reduces refinancing and solvency risk over the medium term. Lower debt-to-equity improves financial flexibility and gives management more time to execute operational fixes or scale aftermarket revenue before equity dilution or distress financing becomes necessary.
Negative Factors
Deep and persistent unprofitability
Sustained, severe negative margins indicate the core product economics currently do not cover production and operating costs. Without durable margin improvement, the company risks continued equity erosion and limited ability to self-fund growth or invest in distribution and service infrastructure.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved leverage and balance-sheet resilience
Material deleveraging meaningfully reduces refinancing and solvency risk over the medium term. Lower debt-to-equity improves financial flexibility and gives management more time to execute operational fixes or scale aftermarket revenue before equity dilution or distress financing becomes necessary.
Read all positive factors
OXE Marine (OXE) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr215.96M
Dividend YieldN/A
Average Volume (3M)220.85K
Price to Earnings (P/E)―
Beta (1Y)0.19
Revenue Growth-47.03%
EPS Growth8.51%
CountrySE
Employees46
SectorIndustrials
Sector Strength72
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)-0.13
Shares Outstanding943,040,470
10 Day Avg. Volume229,897
30 Day Avg. Volume220,847
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)2.15
Price to Sales (P/S)1.43
P/FCF Ratio-3.58
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)kr147.90M
OXE Marine Business Overview & Revenue Model
Company Description
OXE Marine AB (publ) is dedicated to the design, development, and international distribution of diesel outboard engines for the marine industry, serving both the Swedish domestic market and global customers. The company's primary offering is the r...
How the Company Makes Money
OXE Marine primarily makes money by selling OXE Diesel outboard engines and related components into the marine market through a combination of direct sales and a network of distributors/dealers/boatbuilder channels (specific channel mix by geograp...
OXE Marine Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
38
Negative
Cash Flow
18
Very Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 106.41M | 184.07M | 173.75M | 189.59M | 148.42M | 99.80M |
| Gross Profit | -58.02M | -62.89M | 54.78M | 38.18M | 32.17M | 25.57M |
| EBITDA | -60.36M | -33.64M | -52.66M | -77.29M | -70.57M | -43.57M |
| Net Income | -92.86M | -61.58M | -97.90M | -116.44M | -109.90M | -81.33M |
Balance Sheet | ||||||
| Total Assets | 274.70M | 286.40M | 310.87M | 339.30M | 402.76M | 330.34M |
| Cash, Cash Equivalents and Short-Term Investments | 13.79M | 17.93M | 44.32M | 28.69M | 46.31M | 23.45M |
| Total Debt | 80.70M | 81.78M | 53.09M | 241.25M | 229.76M | 215.69M |
| Total Liabilities | 141.51M | 163.98M | 119.94M | 325.94M | 299.47M | 283.69M |
| Stockholders Equity | 133.19M | 122.42M | 190.92M | 13.36M | 103.29M | 46.65M |
Cash Flow | ||||||
| Free Cash Flow | -76.81M | -73.66M | -55.95M | -52.05M | -53.41M | 37.38M |
| Operating Cash Flow | -68.86M | -71.93M | -51.27M | -50.43M | -50.19M | 37.38M |
| Investing Cash Flow | -10.24M | -4.65M | -3.97M | -1.05M | 8.14M | 0.00 |
| Financing Cash Flow | 88.65M | 51.73M | 70.22M | 34.30M | 64.90M | 0.00 |
OXE Marine Technical Analysis
Negative
0.24
Price Trends
0.26
Negative
0.26
Negative
0.30
Negative
Market Momentum
>-0.01
Negative
46.45
Neutral
68.83
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:OXE, the sentiment is Negative. The current price of 0.24 is above the 20-day moving average (MA) of 0.21, below the 50-day MA of 0.26, and below the 200-day MA of 0.30, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 46.45 is Neutral, neither overbought nor oversold. The STOCH value of 68.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:OXE.
OXE Marine Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | kr969.03B | 38.06 | 23.93% | 2.03% | -1.80% | -5.25% | |
73 Outperform | kr95.32B | 25.82 | 10.20% | 1.95% | 0.11% | 7.71% | |
72 Outperform | kr230.97B | 28.18 | 18.42% | 1.57% | 3.87% | 2.11% | |
69 Neutral | kr696.56B | 19.26 | 19.98% | 3.69% | -5.71% | -5.84% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | kr453.34B | 26.91 | 17.52% | 1.72% | 6.31% | 16.31% | |
41 Neutral | kr215.96M | -1.83 | -39.60% | ― | -47.03% | 8.51% |
* Industrials Sector Average
SE:OXE
OXE Marine
0.23
-0.22
-49.22%
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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.