Dala Energi AB (SIVI) AI Stock Analysis

• Market Cap: kr1.20B
• Dividend Yield: 2.58%
• Average Volume (3M): 3.76K
• Price to Earnings (P/E): 0.9
• Beta (1Y): -0.43
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: SE
• Employees: 79
• Sector: Energy
• Sector Strength: 52
• Industry: Regulated Electric
• EPS (TTM): N/A
• Shares Outstanding: 13,751,028
• 10 Day Avg. Volume: 3,145
• 30 Day Avg. Volume: 3,763
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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
• EPS Forecast (FY): 40.29
• Revenue Forecast (FY): kr176.71M

• Rating: 73 Outperform
• Price Target: kr99.00

The score is driven primarily by improved financial resilience (debt reduced to zero) and a very low valuation, tempered by inconsistent free cash flow and uneven earnings quality. Technical indicators are neutral-to-weak, limiting near-term momentum support.

Dala Energi AB Business Overview & Revenue Model

Company Description

Siljansvik AB (publ) provides for digital communication and energy in Sweden. It operates electricity power grid and fiber network, as well as builds new homes. The company was formerly known as Dala Energi AB (publ) and change its name to Siljansvik AB (publ) in December 2025. The company was incorporated in 1897 and is based in Leksand, Sweden.

How the Company Makes Money

Dala Energi AB Financial Statement Overview

Summary

Strong balance sheet improvement (equity up and total debt reduced to zero by 2024) supports resilience, and revenue trends upward over multiple years. Offsetting this, profitability appears volatile with signs of non-recurring/reporting noise, and free cash flow is often negative with a large gap versus reported earnings in 2024, weakening earnings quality and cash conversion.

Income Statement

Revenue shows a clear multi-year uptrend (about 291M in 2020 to 431M in 2024), with growth accelerating in 2024. Profitability is volatile: margins in 2021–2023 appear moderate, but 2020 and 2024 show extremely elevated operating and net margins (and gross profit exceeding revenue in multiple years), suggesting non-recurring items or reporting noise driving earnings. Overall, the growth trajectory is positive, but earnings quality and consistency look uneven.

Balance Sheet

The balance sheet strengthens materially over time, with equity rising sharply by 2024 and total debt dropping to zero in 2024 (down from ~274–392M in prior years). This drives very low financial leverage and improves resilience. Return on equity is exceptionally high in 2024 versus prior years, which is a strength but also looks unusually elevated relative to the historical pattern, raising the possibility that profitability is not fully repeatable.

Cash Flow

Operating cash flow is consistently positive, but free cash flow is weak and often negative (negative in 2020, 2023, and 2024; only modestly positive in 2021–2022). In 2024, earnings are far above cash generation, with negative free cash flow versus very high net income, indicating a sizeable gap between reported profitability and cash conversion. This reduces flexibility for dividends, debt service (historically), or reinvestment without external funding.

Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

Dala Energi AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%