SinterCast AB (SINT) AI Stock Analysis

• Market Cap: kr826.90M
• Dividend Yield: 5.15%
• Average Volume (3M): 3.56K
• Price to Earnings (P/E): 23.1
• Beta (1Y): 0.42
• Revenue Growth: -6.78%
• EPS Growth: -14.69%
• Country: SE
• Employees: 26
• Sector: Industrials
• Sector Strength: 93
• Industry: Industrial - Machinery
• EPS (TTM): 1.10
• Shares Outstanding: 7,090,133
• 10 Day Avg. Volume: 3,228
• 30 Day Avg. Volume: 3,565
• PEG Ratio: 5.64
• Price to Book (P/B): 7.62
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 15.15
• 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: N/A
• Number of Analyst Covering: 0

• Rating: 82 Outperform
• Price Target: kr130.00 ▲(10.17%Upside)

SinterCast AB's strong financial position, characterized by high profitability, low leverage, and excellent cash flow management, supports a robust stock score. Technical analysis indicates positive momentum, though caution is warranted due to overbought conditions. Valuation is reasonable with a solid dividend yield, though not indicating undervaluation. The absence of earnings call and corporate events data did not impact the score calculation.

SinterCast AB Business Overview & Revenue Model

Company Description

SinterCast AB (publ) offers process control technology and solutions for the production of compacted graphite iron (CGI) to foundry and automotive industries worldwide. It offers fully automated System 4000, which comprises a series of individual hardware modules that could be configured to suit the layout, process flow, and production volume of a foundry for ladle production and pouring furnaces; and provides hardware and software platform that allows the customers to independently control CGI series production and product development. The company also provides Mini-System 4000, a purpose-built thermal analysis system for product development, and niche volume production. In addition, it offers sampling consumables that consists of Sampling Cup and the Thermocouple Pair products; and engineering services for product development, trials, new installations and calibrations, metallurgical consultancy, and ongoing customer services. Further, the company provides SinterCast Ladle Tracker and SinterCast Cast Tracker for traceability and process optimization in foundries and other metallurgical facilities. Additionally, it offers System 4000, which is pallet-mounted, individually floor-mounted, or wall-mounted configured with multiple sampling modules to suit various foundry layouts; and System 4000 plus for automated base treatment, as well as provides technical support services. The company was founded in 1983 and is based in Stockholm, Sweden.

How the Company Makes Money

SinterCast AB generates revenue through the sale and licensing of its proprietary process control technology and related services. The company offers a suite of solutions that includes hardware installations, software licenses, and technical support for the production of CGI. A significant portion of its revenue comes from initial equipment sales and ongoing service agreements with automotive manufacturers and foundries. In addition, SinterCast benefits from recurring revenue streams through consumable sales and usage-based fees tied to the volume of CGI produced using its technology. Strategic partnerships with major automotive and foundry companies further bolster its revenue by expanding its customer base and facilitating technological advancements.

SinterCast AB Financial Statement Overview

Summary

SinterCast AB exhibits strong financial health across all key areas. The income statement shows high profitability and efficient operations despite a slight revenue decline. The balance sheet is characterized by low leverage and high equity, ensuring financial stability. The cash flow statement highlights exceptional cash management and generation. Overall, SinterCast AB is well-positioned financially, though it should monitor revenue trends closely.

Income Statement

SinterCast AB shows strong profitability with a Gross Profit Margin of 72.45% and a Net Profit Margin of 27.41% for TTM, indicating efficient cost management. The Revenue Growth Rate from 2024 to TTM shows a slight decline of 3.69%, which is a minor setback. However, EBIT and EBITDA margins remain robust at 35.07% and 38.53%, respectively, showcasing operational efficiency. Overall, the income statement reflects a strong financial position with slight revenue contraction.

Balance Sheet

The company maintains a healthy balance sheet with a low Debt-to-Equity Ratio of 0.02, highlighting low leverage and financial stability. The Equity Ratio is strong at 85.45%, indicating a solid equity base relative to total assets. Return on Equity is high at 32.94% for TTM, showcasing efficient use of equity to generate profits. The financial structure is robust with minimal debt and significant equity, minimizing financial risk.

Cash Flow

SinterCast AB demonstrates exceptional cash flow management. The Free Cash Flow Growth Rate is positive at 37.85% from 2023 to TTM, indicating strong cash generation capability. The Operating Cash Flow to Net Income Ratio is 1.58, and the Free Cash Flow to Net Income Ratio is 1.53, both reflecting excellent cash conversion from earnings. The cash flow statement suggests strong operational cash generation and strategic capital expenditures.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	135.60M	134.40M	118.70M	107.40M	95.40M
Gross Profit	98.30M	98.50M	86.80M	76.10M	68.30M
EBITDA	47.90M	49.30M	35.00M	33.30M	26.40M
Net Income	34.30M	42.10M	33.10M	32.90M	22.20M
Balance Sheet
Total Assets	124.40M	131.60M	130.50M	131.50M	127.70M
Cash, Cash Equivalents and Short-Term Investments	23.10M	12.30M	14.20M	27.50M	26.30M
Total Debt	1.70M	2.00M	3.00M	4.00M	4.20M
Total Liabilities	21.40M	18.00M	18.50M	17.60M	18.90M
Stockholders Equity	103.00M	113.60M	112.00M	113.90M	108.80M
Cash Flow
Free Cash Flow	57.80M	39.90M	23.70M	30.20M	19.30M
Operating Cash Flow	59.60M	45.50M	25.40M	33.40M	22.10M
Investing Cash Flow	-1.80M	-5.60M	-1.70M	-3.20M	-2.80M
Financing Cash Flow	-47.00M	-41.80M	-37.10M	-29.10M	-25.90M

SinterCast AB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 118.00
• 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:SINT, the sentiment is Neutral. The current price of 118 is above the 20-day moving average (MA) of 116.25, above the 50-day MA of 115.38, and above the 200-day MA of 106.40, indicating a neutral trend. The MACD of 0.35 indicates Positive momentum. The RSI at 47.62 is Neutral, neither overbought nor oversold. The STOCH value of 71.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:SINT.

SinterCast AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SINT	82 Outperform	kr826.90M	23.08	31.46%	5.15%	-6.78%	-14.69%
ACRI.B	75 Outperform	kr891.49M	15.58		6.56%	6.99%	488.53%
SVIK	70 Outperform	kr1.55B	152.98	2.69%	1.06%	3.95%	-80.76%
NORB.B	68 Neutral	kr701.16M	33.66	1.69%	―	0.45%	109.30%
Sector *	65 Neutral	$11.14B	16.13	4.60%	2.08%	3.17%	-25.97%
ELTEL	59 Neutral	€1.64B	―	-1.65%	―	-6.41%	90.48%
GARO	49 Neutral	€1.06B	―	-8.75%	―	-13.11%	-2088.46%

SinterCast AB Corporate Events

SinterCast Reports 10% Growth in Q2 Series Production Amid New Program Launches

SinterCast AB reported a 10% increase in series production for the second quarter, reaching 3.4 million Engine Equivalents, despite a 15% year-on-year decline due to previous program stoppages and low commercial vehicle sales. The company announced new commercial vehicle programs, contributing over 500,000 Engine Equivalents annually, supporting future growth targets. Strong sales of consumables and promising installation activities in India, Brazil, and China indicate a positive outlook for installation revenue, positioning SinterCast for recovery and growth in the near term.

SinterCast Partner Tupy Secures Major CGI Order for North America

SinterCast partner Tupy S.A. has secured a contract to supply CGI cylinder blocks for a new 13-litre commercial vehicle engine platform in North America, with production starting in late 2026 at the Tupy foundry in Mexico. This order, along with a recent Brazilian order, is expected to significantly boost SinterCast’s production volumes and reinforce its growth outlook, as the adoption of CGI in commercial vehicle engines gains momentum.

Scania Launches New Engine with SinterCast Technology

Scania has launched a new 11-litre commercial vehicle engine, the ‘Super 11’, featuring SinterCast’s Compacted Graphite Iron technology. This engine offers improved fuel efficiency and compatibility with renewable biofuels, reinforcing SinterCast’s role in advancing sustainable automotive solutions and enhancing its market position.

SinterCast AB Initiates New Share Buyback Program

SinterCast AB has announced the activation of a new share buyback program following shareholder authorization at the Annual General Meeting. The program, with an initial allocation of up to SEK 5 million, aims to optimize the company’s capital structure and create value for shareholders by repurchasing up to 10% of the outstanding shares before the next AGM in May 2026.

SinterCast AB Projects Growth Amidst Global Trade Uncertainties

SinterCast AB held its Annual General Meeting on May 20, 2025, where the positive growth outlook for CGI in heavy-duty commercial vehicles was reinforced. The company aims to reach a milestone of five million Engine Equivalents by 2026 and exceed 2024’s installation revenue in 2025. However, global trade uncertainties may impact vehicle sales and foundry market investments. The AGM also approved financial statements, a dividend of SEK 7.00 per share, and re-elected board members, while authorizing share acquisition and disposal to optimize capital structure.

SinterCast Expands CGI Production in China with New License Agreement

SinterCast AB has secured a license agreement with Qingdao Xu Ruifeng Foundry Co., Ltd in China for the production of large marine engine cylinder liners using their CGI technology. This agreement, which includes the installation of a Mini-System 4000 and wirefeeder, marks SinterCast’s seventeenth installation in China and is expected to boost installation revenue in 2025, reflecting the growing demand for CGI in marine applications and the industrial power sector.