SkiStar AB Class B (SE:SKIS.B)
:SKIS.B
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SkiStar AB Class B
(SKIS.B)
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Rating:70Outperform
Price Target:
kr176.00
â–²(4.95% Upside)
Action:UpgradedDate:03/20/26
The score is driven mainly by solid financial performance (profitability and improved leverage) and a very attractive valuation (low P/E). These positives are tempered by weak technicals, with the stock trading below key moving averages and negative MACD despite oversold readings.
Positive Factors
High profitability margins
SkiStar’s elevated TTM EBITDA and net margins indicate durable operating profitability versus many leisure peers. Strong margins provide a persistent cash buffer against seasonal revenue swings, support reinvestment in resort upkeep and expansion, and help sustain returns across multi-year cycles.
Negative Factors
High absolute debt level
Even with improved ratios, a nominal debt load near 2.99B is sizable for a seasonally exposed operator. Large absolute obligations amplify refinancing and interest-rate risk, can force cash conservation in downturns, and may constrain discretionary capex or dividend policy during weak demand periods.
Read all positive and negative factors
Positive Factors
Negative Factors
High profitability margins
SkiStar’s elevated TTM EBITDA and net margins indicate durable operating profitability versus many leisure peers. Strong margins provide a persistent cash buffer against seasonal revenue swings, support reinvestment in resort upkeep and expansion, and help sustain returns across multi-year cycles.
Read all positive factors
SkiStar AB Class B (SKIS.B) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr12.87B
Dividend Yield1.79%
Average Volume (3M)56.27K
Price to Earnings (P/E)3.5
Beta (1Y)0.57
Revenue Growth1.80%
EPS Growth28.19%
CountrySE
Employees1,870
SectorConsumer Cyclical
Sector Strength84
IndustryGambling, Resorts & Casinos
Share Statistics
EPS (TTM)12.50
Shares Outstanding74,728,060
10 Day Avg. Volume54,776
30 Day Avg. Volume56,269
Financial Highlights & Ratios
PEG Ratio1.34
Price to Book (P/B)3.13
Price to Sales (P/S)2.68
P/FCF Ratio21.38
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)9.31
Revenue Forecast (FY)kr5.11B
SkiStar AB Class B Business Overview & Revenue Model
Company Description
SkiStar AB (publ) owns and operates Alpine mountain resorts in Sweden, Norway, and Austria. The company operates in three segments: Operation of Mountain Resorts; Property Development & Exploitation; and Operation of Hotels. It offers skiing/ski l...
How the Company Makes Money
SkiStar makes money primarily by operating integrated ski destinations and monetizing visitor volume across several complementary revenue streams. A core stream is the sale of lift access (e.g., ski passes) tied to its lift and slope operations. T...
SkiStar AB Class B Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
70
Positive
Cash Flow
63
Positive
| Breakdown | TTM | Aug 2025 | Aug 2024 | Aug 2023 | Aug 2022 | Aug 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.85B | 4.63B | 4.69B | 4.28B | 4.09B | 2.75B |
| Gross Profit | 1.56B | 2.45B | 3.62B | 3.11B | 3.09B | 1.85B |
| EBITDA | 1.44B | 1.34B | 1.25B | 1.08B | 1.23B | 832.24M |
| Net Income | 620.90M | 552.61M | 473.25M | 402.37M | 666.52M | 238.12M |
Balance Sheet | ||||||
| Total Assets | 9.42B | 8.76B | 8.68B | 8.76B | 7.97B | 6.87B |
| Cash, Cash Equivalents and Short-Term Investments | 406.00M | 20.08M | 24.63M | 31.07M | 24.61M | 26.56M |
| Total Debt | 2.99B | 3.73B | 4.02B | 4.30B | 3.61B | 3.18B |
| Total Liabilities | 5.09B | 4.80B | 5.03B | 5.28B | 4.61B | 4.10B |
| Stockholders Equity | 4.33B | 3.96B | 3.66B | 3.48B | 3.36B | 2.76B |
Cash Flow | ||||||
| Free Cash Flow | 513.17M | 579.82M | 564.48M | -97.96M | 445.09M | 104.41M |
| Operating Cash Flow | 1.17B | 1.11B | 1.08B | 669.36M | 1.24B | 698.50M |
| Investing Cash Flow | -627.75M | -473.76M | -375.00M | -852.72M | -799.76M | -630.23M |
| Financing Cash Flow | -157.66M | -638.40M | -714.36M | 190.87M | -441.53M | -74.39M |
SkiStar AB Class B Technical Analysis
Negative
167.70
Price Trends
168.99
Negative
167.23
Negative
160.37
Positive
Market Momentum
-2.34
Negative
43.51
Neutral
64.71
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SKIS.B, the sentiment is Negative. The current price of 167.7 is above the 20-day moving average (MA) of 164.58, below the 50-day MA of 168.99, and above the 200-day MA of 160.37, indicating a neutral trend. The MACD of -2.34 indicates Negative momentum. The RSI at 43.51 is Neutral, neither overbought nor oversold. The STOCH value of 64.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:SKIS.B.
SkiStar AB Class B Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | kr12.87B | 3.51 | 16.20% | 1.79% | 1.80% | 28.19% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | kr6.62B | 78.02 | 23.68% | 1.85% | 23.02% | 32.69% | |
58 Neutral | kr11.45B | 13.69 | 15.46% | 4.43% | 3.59% | 0.80% | |
54 Neutral | kr6.46B | 124.18 | 2.04% | 6.24% | -2.98% | -30.48% | |
53 Neutral | kr18.75B | 33.57 | 21.87% | 5.28% | 1.45% | 34.85% | |
52 Neutral | kr12.66B | 19.42 | 12.33% | 3.12% | 2.80% | -8.84% |
* Consumer Cyclical Sector Average
SE:SKIS.B
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SkiStar AB Class B Corporate Events
SkiStar Lifts Earnings as Mountain Holiday Demand Stays Strong
Mar 18, 2026
SkiStar AB reported a strong second quarter for its 2025/26 financial year, with net sales up 8 percent to SEK 2,986 million and operating profit up 6 percent to SEK 1,277 million, while earnings per share rose 5 percent. For the first half-year, ...
SkiStar Sets March Date for Half-Year Report and Investor Webcast
Mar 12, 2026
SkiStar AB has scheduled the release of its half-year report for the 2025/26 financial year on 18 March 2026, covering the period from 1 September 2025 to 28 February 2026. The company will host an English-language conference call and web presenta...
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.