Rejlers AB Class B (REJL.B) AI Stock Analysis

• Market Cap: kr4.25B
• Dividend Yield: 2.52%
• Average Volume (3M): 24.77K
• Price to Earnings (P/E): 19.8
• Beta (1Y): 0.67
• Revenue Growth: 7.48%
• EPS Growth: 6.80%
• Country: SE
• Employees: 3,282
• Sector: Industrials
• Sector Strength: 86
• Industry: Consulting Services
• EPS (TTM): 1.76
• Shares Outstanding: 20,357,600
• 10 Day Avg. Volume: 19,906
• 30 Day Avg. Volume: 24,765
• 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: kr215.48
• Price Target Upside: 8.83% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 74 Outperform
• Price Target: kr215.00 ▲(8.59%Upside)

Rejlers AB Class B exhibits strong financial performance, which is the most significant factor driving its overall score. While the company's valuation is reasonable, technical indicators suggest some short-term challenges. The absence of earnings call data and corporate events does not affect the overall evaluation, as their weights have been redistributed.

Rejlers AB Class B Business Overview & Revenue Model

Company Description

Rejlers AB Class B (REJL.B) is part of Rejlers Group, a Nordic engineering consultancy firm that provides technical consulting services. The company operates across several sectors, including energy, infrastructure, industry, and real estate. Rejlers offers a wide range of services, including engineering, project management, IT solutions, and environmental consulting, helping clients to improve efficiency, safety, and sustainability in their operations.

How the Company Makes Money

Rejlers AB makes money by offering a variety of engineering and consulting services to clients in the Nordic region. The company's revenue model primarily revolves around providing expert consultancy in sectors such as energy, infrastructure, industry, and real estate. Rejlers charges fees for its services, which may be structured as hourly rates, fixed project fees, or retainer agreements, depending on the nature and duration of each project. Additionally, Rejlers may engage in long-term contracts with clients, ensuring a steady stream of revenue. Partnerships with industry leaders and collaborations with technology providers also enhance Rejlers' ability to deliver comprehensive solutions, contributing to its financial performance.

Rejlers AB Class B Financial Statement Overview

Summary

Rejlers AB Class B demonstrates strong financial performance with consistent revenue growth, solid profit margins, and effective capital utilization. The balanced leverage position supports growth and operational efficiency.

Income Statement

Rejlers AB Class B shows strong performance with consistent revenue growth and robust net profit margins. TTM revenue grew by approximately 2.38% compared to the previous annual period, signaling steady growth. The gross profit margin is solid at 22.5%, and net profit margin remains strong at 4.91%. EBIT and EBITDA margins are healthy, indicating efficient operations and strong earnings capability.

Balance Sheet

The balance sheet reflects a stable financial position with a moderate debt-to-equity ratio of 0.32. Return on equity (ROE) is impressive at 11.35%, showcasing effective utilization of equity. The equity ratio stands strong at 53.06%, suggesting a well-capitalized structure with a good balance between debt and equity.

Cash Flow

Cash flow generation is robust with a consistent free cash flow, showing a slight decline in the TTM period. The operating cash flow to net income ratio is commendable at 1.64, indicating strong cash flow relative to earnings. The free cash flow to net income ratio is also strong at 1.63, reflecting good conversion of profits into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.54B	4.43B	4.09B	3.51B	2.90B	2.37B
Gross Profit	1.02B	2.33B	1.44B	1.37B	1.10B	779.90M
EBITDA	508.90M	538.60M	457.20M	432.40M	258.60M	167.10M
Net Income	222.80M	221.80M	185.40M	196.40M	110.20M	32.50M
Balance Sheet
Total Assets	3.70B	3.70B	3.65B	2.98B	2.35B	2.24B
Cash, Cash Equivalents and Short-Term Investments	61.50M	68.60M	59.20M	144.80M	151.90M	336.60M
Total Debt	634.00M	665.40M	681.60M	528.00M	424.90M	516.30M
Total Liabilities	1.74B	1.76B	1.85B	1.50B	1.13B	1.08B
Stockholders Equity	1.96B	1.94B	1.80B	1.49B	1.22B	1.16B
Cash Flow
Free Cash Flow	362.60M	369.70M	239.60M	254.00M	147.00M	284.00M
Operating Cash Flow	365.90M	407.70M	265.90M	275.20M	170.00M	331.60M
Investing Cash Flow	-98.00M	-107.70M	-551.70M	-245.60M	-132.40M	70.70M
Financing Cash Flow	-288.20M	-291.80M	203.10M	-40.40M	-223.50M	-206.40M

Rejlers AB Class B Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 198.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:REJL.B, the sentiment is Negative. The current price of 198 is below the 20-day moving average (MA) of 199.14, above the 50-day MA of 197.51, and above the 200-day MA of 166.10, indicating a neutral trend. The MACD of 0.37 indicates Positive momentum. The RSI at 38.80 is Neutral, neither overbought nor oversold. The STOCH value of 40.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:REJL.B.

Rejlers AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
REJL.B	74 Outperform	kr4.25B	19.82	11.19%	2.52%	7.48%	6.80%
KAR	65 Neutral	€12.73B	227.32	2.37%	―	5.65%	591.21%
COOR	64 Neutral	kr4.52B	37.89	8.43%	3.37%	-1.75%	-33.81%
GREEN	63 Neutral	kr3.12B	19.34	10.05%	―	0.33%	-27.98%
Sector *	62 Neutral	kr40.85B	12.43	-0.68%	2.26%	0.51%	-1.82%
ELAN.B	61 Neutral	kr2.05B	24.37	2.21%	7.23%	0.37%	-50.30%
CNCJO.B	49 Neutral	kr501.84M	―	-4.06%	7.14%	-0.11%	-220.16%

Rejlers AB Class B Corporate Events

Rejlers AB Reports Growth Amid Strategic Acquisitions and Market Challenges

Rejlers AB reported a 5.2% increase in net sales for the first half of 2025, despite challenges such as fewer working days and currency effects. The company is actively pursuing acquisitions to complement its organic growth, with recent acquisitions in the nuclear power sector. Rejlers is optimistic about its future, particularly in Norway, where new leadership is expected to drive a turnaround. The company’s strategic focus on energy transition and industry transformation aims to achieve significant growth by 2030.

The most recent analyst rating on ($SE:REJL.B) stock is a Buy with a SEK176.00 price target. To see the full list of analyst forecasts on Rejlers AB Class B stock, see the SE:REJL.B Stock Forecast page.

Rejlers Strengthens Role in Norwegian Rail with Bane NOR Agreements

Rejlers has secured two framework agreements with Bane NOR, a state-owned railway company in Norway, enhancing its role in the Norwegian rail infrastructure sector. These agreements, which span technical consulting and design services, position Rejlers as a strategic partner in upcoming railway projects, leveraging expertise from both Norway and Sweden to meet the demands of future infrastructure investments.

The most recent analyst rating on ($SE:REJL.B) stock is a Buy with a SEK176.00 price target. To see the full list of analyst forecasts on Rejlers AB Class B stock, see the SE:REJL.B Stock Forecast page.

Rejlers Secures Strategic Framework Agreement with Svenska kraftnät

Rejlers has secured a new three-year framework agreement with Svenska kraftnät to provide technical assignment and resource consulting services, with a focus on project management, technical support, and sustainability. This agreement reinforces Rejlers’ role in the energy transition by enhancing Sweden’s national grid, aiming to increase transmission capacity and support Europe’s green transition, thereby creating long-term value for stakeholders.

The most recent analyst rating on ($SE:REJL.B) stock is a Buy with a SEK176.00 price target. To see the full list of analyst forecasts on Rejlers AB Class B stock, see the SE:REJL.B Stock Forecast page.

Rejlers Secures Framework Agreement with Swedish Transport Administration

Rejlers has secured a new framework agreement with the Swedish Transport Administration to provide specialist expertise in technical safety management and approval processes for railway installations. This agreement enhances their long-term collaboration and involves assignments at both national and regional levels, aiming to ensure thorough security clearance for infrastructure changes, thereby contributing to a safe and reliable railway network in Sweden.

The most recent analyst rating on ($SE:REJL.B) stock is a Buy with a SEK176.00 price target. To see the full list of analyst forecasts on Rejlers AB Class B stock, see the SE:REJL.B Stock Forecast page.

Rejlers Secures Key Role in Norway’s CO₂ Storage Project

Rejlers has secured an EPCI contract with Equinor ASA for the Northern Lights CO₂ storage project in Norway, marking a significant contribution to Europe’s carbon capture and storage efforts. This project, part of Norway’s Longship initiative, positions Rejlers as a key player in developing infrastructure for safe and permanent CO₂ storage, enhancing its role in the climate transition.

The most recent analyst rating on ($SE:REJL.B) stock is a Buy with a SEK176.00 price target. To see the full list of analyst forecasts on Rejlers AB Class B stock, see the SE:REJL.B Stock Forecast page.

Rejlers Renews Partnership with Swedish Transport Administration for Railway Systems

Rejlers has renewed its partnership with the Swedish Transport Administration to lead a reinvestment project ensuring the functionality of traffic information systems at Sweden’s railway stations. This project, which continues previous work done from 2014 to 2022, involves inventory, design, construction management, and technical adaptations across various regions in Sweden, highlighting Rejlers’ competence in delivering stable and functioning traffic information systems.

The most recent analyst rating on ($SE:REJL.B) stock is a Buy with a SEK176.00 price target. To see the full list of analyst forecasts on Rejlers AB Class B stock, see the SE:REJL.B Stock Forecast page.