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Seafire AB
(SEAF)
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Rating:53Neutral
Price Target:
kr8.00
▼(-2.44% Downside)
Action:Reiterated
Date:07/22/26
The score is driven primarily by improving but still uneven financial performance (thin profitability and historical volatility). Technicals are supportive of an uptrend but appear overbought, while valuation is the largest drag due to the extremely high P/E and no dividend yield provided.
Positive Factors
Diversified acquisitive group model
Seafire’s business model of owning and developing a portfolio of small and mid-sized B2B industrial companies creates durable diversification of revenue and cash flows. Active ownership and operational improvements can steadily raise subsidiary profitability and enable upstreamed cash or value realization over time.
Negative Factors
Thin, volatile profitability
Margins are currently very thin and the company’s earnings history shows sharp swings. Persistent low margins limit the ability to build retained earnings, make earnings sensitive to cost or demand changes, and reduce confidence that recent profitability will be durable across economic cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified acquisitive group model
Seafire’s business model of owning and developing a portfolio of small and mid-sized B2B industrial companies creates durable diversification of revenue and cash flows. Active ownership and operational improvements can steadily raise subsidiary profitability and enable upstreamed cash or value realization over time.
Read all positive factors
Seafire AB (SEAF) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr567.97M
Dividend YieldN/A
Average Volume (3M)9.71K
Price to Earnings (P/E)31.1
Beta (1Y)0.40
Revenue Growth9.61%
EPS GrowthN/A
CountrySE
Employees422
SectorGeneral
Sector StrengthN/A
IndustryIndustrial - Machinery
Share Statistics
EPS (TTM)0.26
Shares Outstanding71,173,676
10 Day Avg. Volume11,596
30 Day Avg. Volume9,711
Financial Highlights & Ratios
PEG Ratio0.83
Price to Book (P/B)0.55
Price to Sales (P/S)0.35
P/FCF Ratio22.95
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)0.78
Revenue Forecast (FY)kr1.07B
Seafire AB Business Overview & Revenue Model
Company Description
Seafire AB (publ) acquires and develops companies in Sweden, the Nordic region, rest of Europe, and internationally. The company operates in two segments, Industrial Components and Products. It markets and sells personal electric vehicles, such as...
How the Company Makes Money
Seafire AB makes money primarily through the operating profits and cash flows generated by its subsidiaries. Revenue is earned at the subsidiary level from selling industrial products and/or B2B services to customers (depending on each business’s ...
Seafire AB Financial Statement Overview
Summary
Income Statement
52
Neutral
Balance Sheet
63
Positive
Cash Flow
57
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 981.00M | 929.00M | 905.00M | 1.00B | 851.00M | 421.30M |
| Gross Profit | 120.00M | 6.00M | 187.00M | 217.00M | 194.00M | 78.50M |
| EBITDA | 91.00M | 63.00M | 58.00M | 108.00M | 123.00M | 37.30M |
| Net Income | 17.00M | -4.00M | -134.00M | -73.00M | 14.00M | -13.40M |
Balance Sheet | ||||||
| Total Assets | 1.34B | 1.07B | 1.15B | 1.34B | 1.75B | 830.87M |
| Cash, Cash Equivalents and Short-Term Investments | 60.00M | 18.00M | 57.00M | 46.00M | 468.00M | 176.24M |
| Total Debt | 241.00M | 250.00M | 271.00M | 286.00M | 656.00M | 438.67M |
| Total Liabilities | 586.00M | 495.00M | 571.00M | 622.00M | 963.00M | 611.76M |
| Stockholders Equity | 750.00M | 580.00M | 583.00M | 717.00M | 786.00M | 219.11M |
Cash Flow | ||||||
| Free Cash Flow | 29.00M | 14.00M | 29.00M | 69.00M | -79.20M | -24.60M |
| Operating Cash Flow | 44.00M | 22.00M | 45.00M | 80.00M | -60.70M | -10.10M |
| Investing Cash Flow | -76.00M | 27.00M | -16.00M | -92.00M | -371.70M | -332.20M |
| Financing Cash Flow | 57.00M | -88.00M | -18.00M | -410.00M | 723.80M | 498.40M |
Seafire AB Technical Analysis
Positive
8.20
Price Trends
7.37
Positive
7.12
Positive
6.91
Positive
Market Momentum
0.20
Positive
60.02
Neutral
52.30
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SEAF, the sentiment is Positive. The current price of 8.2 is above the 20-day moving average (MA) of 7.74, above the 50-day MA of 7.37, and above the 200-day MA of 6.91, indicating a bullish trend. The MACD of 0.20 indicates Positive momentum. The RSI at 60.02 is Neutral, neither overbought nor oversold. The STOCH value of 52.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:SEAF.
Seafire AB Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | kr412.21M | 6.17 | ― | 3.51% | -6.63% | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | kr567.97M | 31.09 | ― | ― | 9.61% | ― | |
53 Neutral | kr397.53M | -8.96 | ― | ― | -57.62% | 19.14% | |
47 Neutral | kr356.04M | -3.78 | ― | 51.14% | ― | -765.84% | |
44 Neutral | kr121.15M | -7.18 | ― | ― | 8.60% | -70.68% |
* General Sector Average
SE:SEAF
Seafire AB
7.92
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33.67%
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-21.30%
Seafire AB Corporate Events
Seafire boosts profits and balance sheet as Splendor Plant acquisition and factory consolidation take hold
Jul 21, 2026
Seafire AB reported second-quarter net sales of SEK 312 million, up 18 percent year on year, with Splendor Plant AB contributing SEK 52 million and underlying organic growth around 8 percent after planned closures. Adjusted EBITA jumped 67 percent...
Seafire Increases Share Capital Following Rights and Directed Issues
May 29, 2026
Seafire AB has expanded its share capital following a SEK 140 million rights issue and two directed share issues totaling approximately SEK 17.5 million, partly used as consideration for the acquisition of Splendor Plant AB. After registering 742,...
Seafire AGM Retains Earnings, Renews Board and Approves New Capital Mandates
May 22, 2026
Seafire AB’s annual general meeting approved the 2025 financial statements, decided to retain all earnings by opting against a dividend, and granted discharge from liability to the board and CEO. Shareholders confirmed a five-member board, r...
Seafire lifts earnings and seals transformative Splendor Plant acquisition
May 22, 2026
Seafire AB reported its fourth consecutive quarter of organic growth, with first-quarter 2026 net sales rising 3 percent to SEK 212 million and adjusted EBITA up 29 percent to SEK 7 million, supported by higher gross margins in most subsidiaries. ...
Seafire completes Splendor Plant acquisition and issues shares to sellers
Apr 30, 2026
Seafire has completed the previously announced acquisition of nursery operator Splendor Plant AB for up to SEK 150 million on a cash- and debt-free basis, financed through a mix of cash, a vendor note and newly issued shares. The transaction, whic...
Seafire Updates Share Count After SEK 140 Million Rights Issue
Apr 30, 2026
Seafire AB has increased its share capital following the registration of the portion of a fully guaranteed SEK 140 million rights issue that was subscribed for with subscription rights. As of 30 April 2026, the company’s total number of outs...
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.