QleanAir AB (QAIR) AI Stock Analysis

• Market Cap: €301.64M
• Dividend Yield: 3.9%
• Average Volume (3M): 8.72K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.60
• Revenue Growth: -10.78%
• EPS Growth: -116.22%
• Country: SE
• Employees: 118
• Sector: Industrials
• Sector Strength: 83
• Industry: Industrial - Pollution & Treatment Controls
• EPS (TTM): 0.18
• Shares Outstanding: 14,859,200
• 10 Day Avg. Volume: 5,162
• 30 Day Avg. Volume: 8,719
• 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: €21.00
• Price Target Upside: 2.93% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 59 Neutral
• Price Target: kr21.00 ▲(2.94% Upside)

QleanAir AB's overall stock score is driven primarily by its moderate financial performance and positive technical momentum. The stock's valuation is a significant concern due to a negative P/E ratio and lack of dividend yield, which impacts attractiveness. Technical indicators show strong momentum, but caution is advised due to potential overbought signals.

QleanAir AB Business Overview & Revenue Model

Company Description

QleanAir AB (QAIR) is a Swedish company specializing in air cleaning solutions. Operating within the clean air industry, QleanAir provides a range of products and services designed to improve air quality in various environments such as offices, hospitals, and industrial settings. The company's offerings include standalone air filtration units and customized cleanroom solutions that help maintain high standards of air purity.

How the Company Makes Money

QleanAir AB generates revenue primarily through the sale and leasing of its air cleaning products and services. The company's key revenue streams include direct sales of air purification units, leasing agreements that provide recurring revenue, and service agreements for maintenance and support of deployed systems. Additionally, QleanAir may engage in partnerships with companies in healthcare, manufacturing, and other sectors that require stringent air quality controls, further expanding its market reach and revenue potential.

QleanAir AB Financial Statement Overview

Summary

QleanAir AB's financial performance is moderate, with a strong gross profit margin but negative net profit margin due to recent losses. Revenue decline and low EBIT and EBITDA margins indicate profitability challenges. The balance sheet shows moderate stability with manageable leverage, while cash flows are stable but not growing significantly.

Income Statement

QleanAir AB's income statement shows a mixed performance. The gross profit margin is strong, but the net profit margin is negative due to recent losses, indicating challenges in converting revenue into profit. Revenue has declined, showcasing a negative growth trend. The EBIT and EBITDA margins are relatively low, affecting the overall profitability.

Balance Sheet

The balance sheet highlights moderate financial stability. The debt-to-equity ratio is manageable, indicating balanced leverage. The return on equity has been impacted by recent net losses. However, the equity ratio is adequate, suggesting a reasonable proportion of assets financed by equity.

Cash Flow

Cash flow analysis reveals stable operational cash generation, with a positive free cash flow trend. The operating cash flow to net income ratio is strong, reflecting efficient cash conversion. However, free cash flow growth has been stagnant, indicating limited improvement in cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	447.55M	450.38M	503.52M	455.17M	450.58M	492.97M
Gross Profit	219.89M	293.22M	344.04M	311.02M	318.04M	336.40M
EBITDA	43.43M	48.51M	102.43M	45.98M	109.64M	121.79M
Net Income	-6.68M	-1.43M	43.37M	13.29M	59.26M	67.00M
Balance Sheet
Total Assets	598.41M	631.13M	662.05M	647.72M	610.81M	585.16M
Cash, Cash Equivalents and Short-Term Investments	36.29M	52.04M	56.88M	66.96M	69.66M	52.60M
Total Debt	208.41M	216.19M	246.54M	261.07M	235.00M	267.60M
Total Liabilities	396.41M	429.41M	446.75M	463.75M	416.72M	428.25M
Stockholders Equity	202.00M	201.72M	215.29M	183.98M	194.09M	156.91M
Cash Flow
Free Cash Flow	15.95M	15.92M	38.86M	1.44M	75.86M	45.77M
Operating Cash Flow	41.92M	39.74M	62.65M	29.73M	104.15M	72.13M
Investing Cash Flow	-25.98M	-23.83M	-23.79M	-28.29M	-28.30M	-26.36M
Financing Cash Flow	-30.53M	-21.25M	-46.24M	-6.56M	-59.20M	-47.19M

QleanAir AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 20.40
• 50DMA: Positive
• 100DMA: Positive
• 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 Positive. The current price of 20.4 is above the 20-day moving average (MA) of 20.02, above the 50-day MA of 19.31, and above the 200-day MA of 16.84, indicating a bullish trend. The MACD of 0.20 indicates Negative momentum. The RSI at 59.24 is Neutral, neither overbought nor oversold. The STOCH value of 79.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:QAIR.

QleanAir AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	kr43.36B	13.66	1.95%	2.33%	-0.60%	-20.68%
QAIR	59 Neutral	€301.64M	―	-3.06%	3.90%	-10.78%	-116.22%
SALT.B	53 Neutral	€1.59B	―	-54.63%	―	-40.71%	17.94%
SAXG	46 Neutral	kr51.26M	―	-36.51%	―	-12.51%	69.88%
MANTEX	46 Neutral	€21.70M	―	-111.10%	―	-78.78%	19.68%
CIRCHE	41 Neutral	€68.01M	36.88	2.97%	―	―	―