QleanAir AB (QAIR) AI Stock Analysis

• Market Cap: €358.11M
• Dividend Yield: N/A
• Average Volume (3M): 6.98K
• Price to Earnings (P/E): 332.9
• Beta (1Y): 0.51
• Revenue Growth: -5.37%
• EPS Growth: 23.22%
• Country: SE
• Employees: 118
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Pollution & Treatment Controls
• EPS (TTM): 0.36
• Shares Outstanding: 14,859,200
• 10 Day Avg. Volume: 5,753
• 30 Day Avg. Volume: 6,978
• PEG Ratio: 1.63
• Price to Book (P/B): 1.19
• Price to Sales (P/S): 0.53
• P/FCF Ratio: 15.12
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: kr20.50 ▲(2.50% Upside)

QleanAir AB's overall stock score is driven by its mixed financial performance and bearish technical indicators. While the company shows strong gross margins and cash flow generation, its challenges in profitability and revenue growth weigh heavily. The technical analysis indicates a bearish trend, and the valuation suggests the stock is expensive relative to its financial performance. The absence of earnings call insights and corporate events means these factors do not influence the score.

Positive Factors

Cash Flow Generation

Strong cash flow growth highlights QleanAir's ability to generate cash, ensuring financial stability and capacity for reinvestment.

Gross Profit Margin

High gross profit margins indicate effective cost management, enhancing profitability and competitive pricing flexibility.

Leverage Reduction

Reduced leverage improves financial stability, lowering risk and enhancing the company's ability to finance growth.

Negative Factors

Revenue Growth Decline

Volatile revenue growth poses challenges in maintaining consistent market expansion and could impact long-term strategic planning.

Low Net Profit Margin

Low net profit margins suggest difficulties in converting sales into profit, potentially limiting reinvestment and growth opportunities.

Low Return on Equity

Low ROE indicates inefficient use of equity capital, which may deter investors and limit shareholder value creation over time.

QleanAir AB Business Overview & Revenue Model

Company Description

QleanAir AB (QAIR) is a Swedish company specializing in clean air solutions, primarily focusing on the development and manufacturing of advanced air filtration systems. The company operates in various sectors, including healthcare, industrial, and commercial facilities, providing products designed to improve indoor air quality by effectively removing pollutants, allergens, and harmful particles. QAIR's core offerings include high-efficiency air filtration systems, modular air purification units, and tailored solutions for specific environments, ensuring compliance with health and safety standards.

How the Company Makes Money

QleanAir AB generates revenue through the sale and rental of its air filtration systems and related services. Key revenue streams include direct sales of air purification units to clients in various sectors, long-term rental agreements that provide ongoing income, and maintenance services that ensure the optimal performance of their products. Additionally, QAIR often engages in partnerships with organizations in healthcare and industrial sectors, which can lead to bulk sales or collaborative projects that further enhance their market reach. The company may also benefit from government regulations promoting clean air standards, as this drives demand for their products.

QleanAir AB Financial Statement Overview

Summary

QleanAir AB demonstrates a mixed financial performance. Strong gross margins and improved cash flow generation are positive, but challenges in revenue growth and profitability persist. The balance sheet is stable with manageable leverage, but profitability metrics like ROE are low. Overall, the company shows potential for improvement in profitability and growth.

Income Statement

QleanAir AB's income statement shows a mixed performance. The TTM gross profit margin is strong at 66.29%, indicating efficient cost management. However, the net profit margin is low at 0.24%, reflecting challenges in converting revenue into profit. The revenue growth rate is negative, suggesting declining sales. EBIT and EBITDA margins are moderate, showing some operational efficiency but room for improvement.

Balance Sheet

The balance sheet reveals a stable equity position with a debt-to-equity ratio of 0.99, indicating manageable leverage. However, the return on equity is low at 0.53%, suggesting limited profitability from shareholders' investments. The equity ratio is not calculated, but the overall leverage appears under control, balancing risk and stability.

Cash Flow

Cash flow analysis shows strong free cash flow growth at 118.57%, indicating improved cash generation. The operating cash flow to net income ratio is 0.15, suggesting moderate cash conversion efficiency. The free cash flow to net income ratio is healthy at 0.53, reflecting good cash flow management despite low net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	445.30M	450.38M	503.52M	455.17M	450.58M	492.97M
Gross Profit	235.46M	293.22M	344.04M	311.02M	318.04M	336.40M
EBITDA	54.70M	48.51M	102.43M	56.04M	109.64M	121.79M
Net Income	10.49M	-1.43M	43.37M	13.29M	59.26M	67.00M
Balance Sheet
Total Assets	594.47M	631.13M	662.05M	647.72M	610.81M	585.16M
Cash, Cash Equivalents and Short-Term Investments	43.83M	52.04M	56.88M	66.96M	69.66M	52.60M
Total Debt	189.83M	240.82M	246.54M	261.07M	235.00M	267.60M
Total Liabilities	385.00M	429.41M	446.75M	463.75M	416.72M	428.25M
Stockholders Equity	209.47M	201.72M	215.29M	183.98M	194.09M	156.91M
Cash Flow
Free Cash Flow	53.91M	15.92M	38.86M	1.44M	75.86M	45.77M
Operating Cash Flow	72.59M	39.74M	62.65M	29.73M	104.15M	72.13M
Investing Cash Flow	-21.23M	-23.83M	-23.79M	-28.29M	-28.30M	-26.36M
Financing Cash Flow	-53.42M	-21.25M	-46.24M	-6.56M	-59.20M	-47.19M

QleanAir AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 20.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:QAIR, the sentiment is Negative. The current price of 20 is below the 20-day moving average (MA) of 20.53, below the 50-day MA of 21.89, and above the 200-day MA of 19.03, indicating a neutral trend. The MACD of -0.54 indicates Negative momentum. The RSI at 42.89 is Neutral, neither overbought nor oversold. The STOCH value of 25.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:QAIR.

QleanAir AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MTRS	70 Outperform	$28.27B	95.14	13.34%	0.90%	4.97%	-65.71%
ELAN.B	67 Neutral	€2.25B	-19.52	-3.09%	6.84%	-7.32%	-139.66%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ABSO	59 Neutral	kr2.32B	26.89	―	1.46%	-8.97%	-31.59%
QAIR	57 Neutral	€358.11M	332.87	5.17%	―	-5.37%	23.22%
GOMX	48 Neutral	€2.60B	―	―	―	9.60%	40.86%
SALT.B	39 Underperform	€977.62M	-13.99	-40.77%	―	11.85%	6.39%