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Peab AB (SE:PEAB.B)
:PEAB.B
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Peab AB (PEAB.B) AI Stock Analysis

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SE:PEAB.B

Peab AB

(PEAB.B)

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Neutral 61 (OpenAI - 5.2)
Rating:61Neutral
Price Target:
kr97.00
▲(13.25% Upside)
Action:Reiterated
Date:07/16/26
Overall score reflects improving profitability and manageable leverage, tempered by weakening free cash flow and soft cash conversion. Valuation is supportive (P/E 12.56, ~3.32% dividend yield), while technical indicators are neutral-to-mixed with limited medium-term momentum.
Positive Factors
Revenue and Earnings Improvement
Sustained revenue growth and a notable jump in net profit signal improving operational performance across projects. This strengthens contract credibility, provides reinvestment capacity for bidding and development, and offers a durable earnings base over the next several quarters.
Negative Factors
Thin Operating Margins
Low absolute margins leave limited room to absorb cost overruns, subcontractor issues or weaker contract pricing. Given construction’s variability, persistently thin margins constrain cash cushions and long-term profitability unless execution or pricing power materially improves.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Earnings Improvement
Sustained revenue growth and a notable jump in net profit signal improving operational performance across projects. This strengthens contract credibility, provides reinvestment capacity for bidding and development, and offers a durable earnings base over the next several quarters.
Read all positive factors

Peab AB (PEAB.B) vs. iShares MSCI Sweden ETF (EWD)

Peab AB Business Overview & Revenue Model

Company Description
Peab AB (publ) is a prominent construction and civil engineering group with operations spanning Sweden, Norway, and Finland. The company's diverse activities are organized into four core segments: Construction, Civil Engineering, Industry, and Pro...
How the Company Makes Money
Peab primarily makes money by delivering contracted construction and civil engineering projects and being paid for execution under customer agreements. A major revenue stream comes from construction contracting, where Peab acts as main contractor ...

Peab AB Financial Statement Overview

Summary
Earnings improved with TTM revenue up (+2.6%) and net profit rising to 2.1bn from 1.4bn, and leverage is moderate (debt-to-equity ~0.87). However, margins remain thin (TTM net margin ~3.5%, EBITDA margin ~6.8%) and cash flow quality is a key risk: free cash flow fell ~41% and covers only ~54% of earnings, indicating weaker cash conversion.
Income Statement
64
Positive
Balance Sheet
60
Neutral
Cash Flow
49
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue60.08B58.58B61.28B61.60B61.93B58.92B
Gross Profit5.56B5.53B5.88B5.42B5.59B5.90B
EBITDA4.33B4.30B5.25B5.02B4.35B4.74B
Net Income2.07B1.37B2.39B1.99B1.83B2.38B
Balance Sheet
Total Assets47.29B44.54B47.77B51.54B51.01B49.76B
Cash, Cash Equivalents and Short-Term Investments2.22B3.15B1.48B1.24B1.51B2.95B
Total Debt13.95B11.64B14.37B18.42B19.80B15.02B
Total Liabilities31.32B28.06B31.26B37.07B37.23B36.08B
Stockholders Equity15.94B16.45B16.48B14.45B13.77B13.68B
Cash Flow
Free Cash Flow1.48B2.89B4.92B2.66B-3.00B1.74B
Operating Cash Flow2.73B3.92B5.50B3.92B-1.56B2.82B
Investing Cash Flow583.00M971.00M1.25B-1.26B-1.60B-1.77B
Financing Cash Flow-1.55B-3.23B-6.52B-2.92B1.69B907.00M

Peab AB Technical Analysis

Technical Analysis Sentiment
Positive
Last Price85.65
Price Trends
50DMA
89.80
Positive
100DMA
93.08
Negative
200DMA
87.12
Positive
Market Momentum
MACD
0.39
Positive
RSI
52.59
Neutral
STOCH
67.64
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:PEAB.B, the sentiment is Positive. The current price of 85.65 is below the 20-day moving average (MA) of 91.40, below the 50-day MA of 89.80, and below the 200-day MA of 87.12, indicating a bullish trend. The MACD of 0.39 indicates Positive momentum. The RSI at 52.59 is Neutral, neither overbought nor oversold. The STOCH value of 67.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:PEAB.B.

Peab AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
69
Neutral
kr27.72B19.964.22%1.66%26.04%
68
Neutral
kr104.98B18.5010.45%3.18%-5.70%6.78%
63
Neutral
kr47.77B22.5918.52%2.20%5.87%7.65%
61
Neutral
kr27.08B12.5410.55%3.26%2.19%36.51%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
48
Neutral
kr15.07B180.531.79%4.17%-10.38%-95.01%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:PEAB.B
Peab AB
91.80
21.35
30.30%
SE:NCC.B
NCC AB
169.70
-2.89
-1.68%
SE:SKA.B
Skanska AB
257.20
44.20
20.75%
SE:SWEC.B
Sweco AB
136.20
-9.09
-6.25%
SE:BRAV
Bravida Holding AB
137.10
51.13
59.46%

Peab AB Corporate Events

Peab boosts profit, margins and order book in first half of 2026
Jul 14, 2026
Peab AB reported strong growth and improved profitability for the first half of 2026, with segment-based net sales rising to SEK 27.6 billion and operating profit increasing to SEK 769 million. The operating margin strengthened to 2.8 percent, ret...
Peab Cuts Treasury Stock Below 5% After Cancelling 5 Million B Shares
May 25, 2026
Peab AB has reduced its number of outstanding shares by cancelling 5,000,000 repurchased Class B shares, as mandated by a resolution at the 29 April 2026 Annual General Meeting. Following the move, the company’s treasury holding has fallen b...
Peab Launches SEK 500 Million Share Buyback to Support Incentives and Acquisitions
Apr 29, 2026
Peab AB’s board has approved a share repurchase program on Nasdaq Stockholm, authorizing buybacks of up to SEK 500 million, provided the company’s holdings do not exceed 10 percent of total shares. The repurchases, to be executed in ca...
Peab AGM backs dividend, new share authorizations and sustainability-linked incentives
Apr 29, 2026
Peab AB’s Annual General Meeting in Grevie approved the 2025 financial statements, discharged the board and CEO from liability, and confirmed a board of eight members with the re-election of chairman Anders Runevad and most incumbents, plus ...
Peab Posts Record Order Backlog and Improved Q1 Profitability Despite Ongoing Turbulence
Apr 29, 2026
Peab AB reported a strong start to 2026, noting stable order intake, improved profitability and the highest order backlog in the company’s history despite rising geopolitical and macroeconomic turbulence. For the first quarter, net sales edg...
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.Date of analysis: Jul 16, 2026