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

• Market Cap: €12.32B
• Dividend Yield: 1.78%
• Average Volume (3M): 54.30K
• Price to Earnings (P/E): 22.8
• Beta (1Y): 0.56
• Revenue Growth: 3.44%
• EPS Growth: 0.34%
• Country: SE
• Employees: 1,870
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): 3.82
• Shares Outstanding: 74,728,060
• 10 Day Avg. Volume: 67,998
• 30 Day Avg. Volume: 54,298
• 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: €175.44
• Price Target Upside: 11.60% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 73 Outperform
• Price Target: kr175.00 ▲(11.32% Upside)

SkiStar AB's overall stock score is driven primarily by its strong financial performance, characterized by robust revenue growth and profitability. Technical analysis indicates neutral market momentum, while valuation metrics suggest a moderate investment appeal. The absence of earnings call and corporate events data limits further insights.

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 primarily through the sale of ski passes and accommodation services at its resorts. The company also earns income from ski school lessons, equipment rentals, and retail sales of sports goods. Additionally, SkiStar benefits from owning and operating destination properties, which include hotels and cabins, contributing to its accommodation revenue. Strategic partnerships and collaborations with travel agencies and local businesses further enhance its revenue streams. In the summer months, SkiStar diversifies its income by offering activities such as hiking, cycling, and other recreational events, thereby extending the seasonal use of its resorts.

SkiStar AB Class B Financial Statement Overview

Summary

SkiStar AB demonstrates a strong financial position with robust revenue growth, high profitability, and effective cash flow management. While the balance sheet shows moderate leverage, the company's consistent performance across income and cash flow statements suggests a well-managed financial strategy.

Income Statement

SkiStar AB has shown impressive revenue growth, particularly notable in recent periods with a strong TTM revenue increase from the previous annual period. The company maintains solid profitability with high gross and net profit margins. EBIT and EBITDA margins also reflect efficient operations. Overall, the income statement reveals strong growth and profitability trends.

Balance Sheet

The balance sheet exhibits a moderate debt-to-equity ratio, indicating a balanced approach to leverage. The return on equity is robust, reflecting effective use of shareholder funds. However, the equity ratio suggests some reliance on debt financing. Overall, the balance sheet shows a healthy financial position but with potential risk from moderate leverage.

Cash Flow

SkiStar's cash flow statements indicate solid free cash flow generation, with a positive growth trend in recent periods. The operating cash flow to net income ratio is strong, underscoring effective cash conversion. The free cash flow to net income ratio further highlights cash-generating efficiency, supporting overall financial health.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.74B	4.69B	4.28B	4.09B	2.75B	2.36B
Gross Profit	2.51B	3.62B	3.11B	3.09B	1.85B	2.02B
EBITDA	1.35B	1.27B	1.22B	1.30B	818.64M	762.59M
Net Income	541.48M	473.25M	402.37M	666.52M	238.12M	291.01M
Balance Sheet
Total Assets	8.62B	8.68B	8.76B	7.97B	6.87B	6.02B
Cash, Cash Equivalents and Short-Term Investments	24.06M	24.63M	31.07M	24.61M	26.56M	59.57M
Total Debt	3.37B	4.02B	4.30B	3.61B	3.18B	2.66B
Total Liabilities	4.41B	5.03B	5.28B	4.61B	4.10B	3.46B
Stockholders Equity	4.21B	3.66B	3.48B	3.36B	2.76B	2.51B
Cash Flow
Free Cash Flow	626.55M	564.48M	-97.96M	445.09M	104.41M	123.00M
Operating Cash Flow	1.02B	1.08B	669.36M	1.24B	698.50M	734.65M
Investing Cash Flow	-236.45M	-375.00M	-852.72M	-799.76M	-630.23M	-652.58M
Financing Cash Flow	-788.49M	-714.36M	190.87M	-441.53M	-74.39M	-93.68M

SkiStar AB Class B Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 157.20
• 50DMA: Positive
• 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 Positive. The current price of 157.2 is above the 20-day moving average (MA) of 156.82, above the 50-day MA of 155.66, and below the 200-day MA of 162.67, indicating a neutral trend. The MACD of 0.25 indicates Positive momentum. The RSI at 52.03 is Neutral, neither overbought nor oversold. The STOCH value of 26.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
SKIS.B	73 Outperform	€12.32B	22.75	13.24%	1.78%	3.44%	0.34%
MIPS	73 Outperform	kr9.09B	64.94	27.83%	1.89%	34.64%	70.47%
SHOT	64 Neutral	kr19.21B	26.33	27.30%	4.26%	0.01%	17.20%
NEWA.B	63 Neutral	kr14.60B	16.96	13.14%	3.18%	1.62%	-11.18%
BILI.A	60 Neutral	kr10.40B	16.47	13.60%	5.34%	2.43%	-18.33%
FOI.B	54 Neutral	kr6.47B	89.95	1.51%	2.53%	-7.64%	-69.69%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

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.