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Premium Snacks Nordic AB (SE:SNX)
:SNX
Sweden Market
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SE:SNX

Premium Snacks Nordic AB

(SNX)

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Neutral 64 (OpenAI - 5.2)
Rating:64Neutral
Price Target:
kr35.00
▼(-16.27% Downside)
Action:Reiterated
Date:07/11/26
The score is driven primarily by improved fundamentals (profitability recovery, strengthening balance sheet, and solid recent free cash flow), partially offset by weak technical conditions (price below key moving averages and negative MACD). Valuation is moderate with a modest dividend yield, offering some support but not enough to outweigh the current downtrend signals.
Positive Factors
Revenue Growth Momentum
Sustained revenue expansion from 2023–2024 with positive TTM growth indicates the company is regaining market traction. Durable top-line momentum supports scale benefits, reduces unit costs over time, and provides a foundation for reinvestment and margin recovery even if short-term volatility occurs.
Negative Factors
Gross Margin Volatility
Wide swings in gross margin signal exposure to input-cost, pricing, or product-mix shocks. Such variability undermines earnings predictability and makes long-term margin planning harder, increasing the risk that cost inflation or mix shifts could erode recently recovered profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth Momentum
Sustained revenue expansion from 2023–2024 with positive TTM growth indicates the company is regaining market traction. Durable top-line momentum supports scale benefits, reduces unit costs over time, and provides a foundation for reinvestment and margin recovery even if short-term volatility occurs.
Read all positive factors

Premium Snacks Nordic AB (SNX) vs. iShares MSCI Sweden ETF (EWD)

Premium Snacks Nordic AB Business Overview & Revenue Model

Company Description
Premium Snacks Nordic AB (publ) is a company focused on the creation, production, and sale of various snack foods throughout the Nordic region, marketed primarily under its Exotic Snacks and Gårdschips labels. Their diverse selection ranges from n...
How the Company Makes Money
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Premium Snacks Nordic AB Financial Statement Overview

Summary
Financials show a meaningful turnaround: strong 2023–2024 revenue growth and continued positive TTM growth, improved profitability with steady TTM net (~4.5%) and operating (~6.0%) margins, and improving leverage (debt/equity down to ~0.36 TTM) with stronger ROE (~31% TTM). Key risks are volatility in gross margin and historically inconsistent cash flow (including negative FCF in 2025 despite positive earnings and modest debt coverage from operating cash flow).
Income Statement
73
Positive
Balance Sheet
78
Positive
Cash Flow
71
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue586.22M564.28M453.83M370.68M323.46M321.83M
Gross Profit181.90M33.52M188.21M149.74M126.49M137.93M
EBITDA48.89M46.61M28.95M19.05M4.88M16.79M
Net Income26.50M24.91M9.92M955.00K-8.17M2.28M
Balance Sheet
Total Assets213.50M217.53M170.46M165.76M144.80M146.02M
Cash, Cash Equivalents and Short-Term Investments0.003.83M834.00K364.00K1.23M2.34M
Total Debt33.42M45.48M38.64M55.29M43.98M31.74M
Total Liabilities121.54M132.05M102.05M106.69M86.67M79.95M
Stockholders Equity91.96M85.48M68.41M59.07M58.13M66.07M
Cash Flow
Free Cash Flow32.32M-903.00K14.78M2.86M-13.54M-1.67M
Operating Cash Flow32.32M19.20M25.03M9.03M-6.32M8.55M
Investing Cash Flow-25.21M-23.51M-10.37M-6.17M-7.23M-10.22M
Financing Cash Flow-4.47M7.31M-14.19M-3.73M12.43M-23.56M

Premium Snacks Nordic AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price41.80
Price Trends
50DMA
33.65
Negative
100DMA
36.38
Negative
200DMA
38.95
Negative
Market Momentum
MACD
-0.33
Negative
RSI
46.19
Neutral
STOCH
51.85
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SNX, the sentiment is Negative. The current price of 41.8 is above the 20-day moving average (MA) of 33.32, above the 50-day MA of 33.65, and above the 200-day MA of 38.95, indicating a bearish trend. The MACD of -0.33 indicates Negative momentum. The RSI at 46.19 is Neutral, neither overbought nor oversold. The STOCH value of 51.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:SNX.

Premium Snacks Nordic AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
kr1.71B25.324.05%10.90%54.98%
69
Neutral
kr2.12B24.66-0.17%2.34%-3.99%123.69%
64
Neutral
kr448.85M16.920.51%24.64%136.01%
60
Neutral
kr572.00M47.712.43%-10.22%-19.59%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
55
Neutral
kr2.93B91.420.87%4.55%-71.28%
52
Neutral
kr76.82M28.840.20%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:SNX
Premium Snacks Nordic AB
33.00
5.28
19.04%
SE:MSON.B
Midsona AB Class B
14.55
6.02
70.59%
SE:HUMBLE
Humble Group AB
6.50
-1.40
-17.72%
SE:NNH
New Nordic Healthbrands AB
12.40
-7.67
-38.23%
SE:SKMO
Skane-moellan AB
52.00
-18.15
-25.87%
SE:CHEF
Cheffelo AB
131.40
86.11
190.16%
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.Date of analysis: Jul 11, 2026