SkiStar AB Class B (SKIS.B) AI Stock Analysis

• Market Cap: kr11.93B
• Dividend Yield: 1.84%
• Average Volume (3M): 88.87K
• Price to Earnings (P/E): 22.0
• Beta (1Y): 0.62
• Revenue Growth: 3.44%
• EPS Growth: 0.34%
• Country: SE
• Employees: 1,870
• Sector: Consumer Cyclical
• Sector Strength: 60
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): 3.82
• Shares Outstanding: 74,728,060
• 10 Day Avg. Volume: 169,608
• 30 Day Avg. Volume: 88,866
• PEG Ratio: -0.57
• Price to Book (P/B): 2.63
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -93.45
• 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: 62 Neutral
• Price Target: kr173.00 ▲(13.67%Upside)

SkiStar AB Class B shows strong financial performance with impressive revenue growth and solid cash flow management. However, technical indicators suggest bearish momentum, and valuation metrics indicate the stock might be overvalued. These factors combine to produce a moderately positive overall stock score.

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 lifts/ski passes, accommodation, ski rental, and property services. The company also operates ski schools; and sporting goods in stores and Skistarshop.com, an online store. In addition, it organizes events, as well as engages in advertising sales, kiosks, and Ski Direct card businesses; and offers climbing parks, trail cycling, padel courts, and crazy golf facilities. Further, the company is involved in the investment, development, and sale of lands and other properties; sale of unit weeks in Vacation Club; rental of accommodation; and invests in snow parks. Additionally, it operates hotels under the SkiStar brand name that provides accommodation, restaurants, and other goods and services. The company operates a network of 29 ski rental outlets, including nine in Sälen, nine in Åre, six in Vemdalen, two in Hemsedal, and three in Trysil; and two sporting goods stores in Sälen and Vemdalen, as well as owns and operates SkiStarShop Concept Stores in Åre and Hemseda. SkiStar AB (publ) is headquartered in Sälen, Sweden.

How the Company Makes Money

SkiStar AB generates revenue through multiple streams, primarily driven by its ski resort operations. The company earns money from lift pass sales, which allow customers access to ski slopes and related facilities. Accommodation rentals at SkiStar-owned and operated hotels and lodgings constitute another significant revenue stream. Additionally, SkiStar profits from ski equipment rentals and sales, as well as ski schools that offer lessons to visitors of all skill levels. Ancillary services such as dining, retail, and other leisure activities on the resorts also contribute to the company's income. SkiStar has strategic partnerships with various businesses, including travel agencies and equipment manufacturers, enhancing its market presence and customer reach. Property development and management further supplement revenue by expanding resort offerings and attracting more visitors.

SkiStar AB Class B Financial Statement Overview

Summary

SkiStar AB Class B exhibits strong financial health marked by impressive revenue growth, robust profitability, and efficient cash flow generation. The balance sheet remains stable with manageable leverage, though slight increases in debt levels warrant monitoring.

Income Statement

SkiStar AB Class B exhibits strong revenue growth, with a notable increase from 2024 to TTM. Gross profit margin remains robust, showing efficient cost management. The net profit margin and EBITDA margin are solid, indicating profitability. However, the EBIT margin has fluctuated, suggesting some operational challenges.

Balance Sheet

The balance sheet reflects a stable financial position with a healthy equity ratio, indicating a strong asset base. The debt-to-equity ratio is relatively moderate, suggesting manageable leverage. Return on equity is positive, reflecting effective use of shareholder funds. However, slight increases in total debt may pose future risks.

Cash Flow

SkiStar AB Class B demonstrates strong operating cash flow compared to net income, indicating efficient cash generation from operations. Free cash flow has grown significantly, showcasing effective capital management. The free cash flow to net income ratio is robust, highlighting the company's ability to convert earnings into cash.

Breakdown	TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement
Total Revenue	4.83B	4.69B	4.28B	4.09B	2.75B	2.36B
Gross Profit	2.16B	3.62B	3.11B	3.09B	1.85B	2.02B
EBITDA	1.41B	1.27B	1.22B	1.30B	818.64M	762.59M
Net Income	555.44M	473.25M	402.37M	666.52M	238.12M	291.01M
Balance Sheet
Total Assets	8.68B	8.68B	8.76B	7.97B	6.87B	6.02B
Cash, Cash Equivalents and Short-Term Investments	22.87M	24.63M	31.07M	24.61M	26.56M	59.57M
Total Debt	2.74B	4.02B	4.30B	3.61B	3.18B	2.66B
Total Liabilities	4.75B	5.03B	5.28B	4.61B	4.10B	3.46B
Stockholders Equity	3.93B	3.66B	3.48B	3.36B	2.76B	2.51B
Cash Flow
Free Cash Flow	834.57M	564.48M	-97.96M	445.09M	104.41M	123.00M
Operating Cash Flow	1.21B	1.08B	669.36M	1.24B	698.50M	734.65M
Investing Cash Flow	-238.01M	-375.00M	-852.72M	-799.76M	-630.23M	-652.58M
Financing Cash Flow	-1.05B	-714.36M	190.87M	-441.53M	-74.39M	-93.68M

SkiStar AB Class B Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 152.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: 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 152.2 is below the 20-day moving average (MA) of 157.26, below the 50-day MA of 164.93, and below the 200-day MA of 164.70, indicating a bearish trend. The MACD of -3.54 indicates Positive momentum. The RSI at 37.66 is Neutral, neither overbought nor oversold. The STOCH value of 34.10 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CLAS.B	78 Outperform	kr20.39B	23.13	41.51%	1.32%	16.35%	89.30%
NEWA.B	78 Outperform	kr16.68B	18.45	12.85%	2.74%	3.68%	-11.21%
SHOT	76 Outperform	kr17.53B	21.67	33.47%	30.30%	1.18%	39.02%
THULE	72 Outperform	kr30.02B	27.16	14.34%	28.77%	4.90%	-4.12%
SKIS.B	62 Neutral	kr11.93B	22.03	13.24%	1.84%	3.44%	0.34%
Sector *	61 Neutral	AU$2.83B	27.14	4.84%	5.11%	2.60%	-31.70%
DOM	57 Neutral	kr13.38B	―		3.10%	-11.44%	-288.58%

SkiStar AB Class B Corporate Events

SkiStar Reports Mixed Financial Results Amid Positive Winter Season Outlook

SkiStar’s interim report for September 2024 to May 2025 reveals a mixed financial performance, with a decrease in third-quarter net sales and operating profit, yet an increase in net sales and operating profit for the first nine months. Despite challenging weather conditions, the company maintains a positive outlook for the 2025/26 winter season, with booking volumes slightly up from the previous year. A notable development is the refinancing agreement with major banks, enhancing credit facilities and linking loans to sustainability performance, which could strengthen SkiStar’s financial position and sustainability efforts.

The most recent analyst rating on ($SE:SKIS.B) stock is a Hold with a SEK135.00 price target. To see the full list of analyst forecasts on SkiStar AB Class B stock, see the SE:SKIS.B Stock Forecast page.

SkiStar AB to Release Q3 2024/25 Interim Report with Web Presentation

SkiStar AB announced it will release its Interim Report for the third quarter of 2024/25 on June 19, 2025, followed by a conference call and web presentation led by CEO Stefan Sjöstrand and CFO Sara J Uggelberg. This event provides an opportunity for stakeholders to engage directly with the company’s leadership, potentially impacting investor confidence and market positioning.

The most recent analyst rating on ($SE:SKIS.B) stock is a Hold with a SEK135.00 price target. To see the full list of analyst forecasts on SkiStar AB Class B stock, see the SE:SKIS.B Stock Forecast page.