Soder Sportfiske AB (SODER) AI Stock Analysis

• Market Cap: €227.53M
• Dividend Yield: 2.97%
• Average Volume (3M): 1.93K
• Price to Earnings (P/E): 32.9
• Beta (1Y): -0.03
• Revenue Growth: 5.68%
• EPS Growth: -36.16%
• Country: SE
• Employees: 44
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Leisure
• EPS (TTM): 0.53
• Shares Outstanding: 8,458,475
• 10 Day Avg. Volume: 3,382
• 30 Day Avg. Volume: 1,927
• 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

• Rating: 69 Neutral
• Price Target: ―

Soder Sportfiske AB's strong financial performance is a significant strength, with robust cash flow and no debt enhancing its resilience. However, technical analysis shows bearish signals, and the stock's high P/E ratio raises valuation concerns. These factors combined result in a moderate overall score.

Soder Sportfiske AB Business Overview & Revenue Model

Company Description

Soder Sportfiske AB (SODER) is a Swedish company specializing in the retail of fishing equipment and accessories. The company operates both physical stores and an online platform, catering to fishing enthusiasts and professionals. SODER offers a wide range of products including fishing rods, reels, bait, tackle, and clothing, emphasizing high-quality and diverse selections from various brands to meet the needs of its customers.

How the Company Makes Money

Soder Sportfiske AB generates revenue primarily through the sale of fishing equipment and accessories via its retail outlets and e-commerce platform. The company capitalizes on a broad product assortment to attract a wide customer base, ranging from hobbyists to seasoned anglers. SODER also benefits from partnerships with well-known fishing gear manufacturers, which allow it to offer exclusive products and promotions. Seasonal promotions and events further drive sales, leveraging the peak fishing seasons to maximize revenue. Additionally, the company may earn ancillary income from offering workshops, seminars, and fishing-related services, although the primary revenue stream remains its product sales.

Soder Sportfiske AB Financial Statement Overview

Summary

Soder Sportfiske AB exhibits strong financial performance with solid revenue growth, robust profitability, and excellent cash flow management. The absence of debt and a strong equity base underscore financial resilience and low risk, positioning the company well for sustainable growth.

Income Statement

Soder Sportfiske AB demonstrates strong revenue growth with a 4.31% increase from 2023 to 2024. Gross profit margin remains robust at 39.51%, indicating effective cost management. The net profit margin has improved to 3.10%, reflecting enhanced profitability. However, EBIT and EBITDA margins are modest, suggesting room for operational efficiency improvements.

Balance Sheet

The company maintains a solid financial position with zero debt, leading to a strong debt-to-equity ratio of 0. The equity ratio is healthy at 66.36%, reflecting financial stability. Return on Equity (ROE) is reasonable at 8.02%, showing a good return for shareholders. The balance sheet indicates a well-managed capital structure with low financial risk.

Cash Flow

Soder Sportfiske AB shows impressive cash flow management, with a substantial increase in free cash flow and an operating cash flow to net income ratio of 2.57, suggesting strong cash generation capabilities. The free cash flow to net income ratio is 2.44, highlighting efficient cash utilization for growth and operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	238.00M	232.40M	222.80M	218.80M	194.70M	165.66M
Gross Profit	52.40M	91.80M	89.70M	86.20M	77.60M	63.54M
EBITDA	17.30M	16.40M	14.50M	4.70M	13.50M	18.80M
Net Income	8.20M	7.20M	5.70M	1.70M	9.00M	10.84M
Balance Sheet
Total Assets	146.50M	135.30M	134.80M	135.30M	135.60M	56.94M
Cash, Cash Equivalents and Short-Term Investments	28.70M	34.40M	21.10M	15.20M	18.40M	19.85M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	58.10M	45.50M	47.10M	40.90M	43.00M	24.30M
Stockholders Equity	88.40M	89.80M	87.70M	94.40M	92.60M	32.64M
Cash Flow
Free Cash Flow	16.10M	17.60M	7.10M	-3.20M	1.90M	15.26M
Operating Cash Flow	16.50M	18.50M	9.50M	-3.00M	3.20M	15.80M
Investing Cash Flow	-400.00K	-100.00K	500.00K	-300.00K	-57.20M	-537.00K
Financing Cash Flow	-5.10M	-5.10M	0.00	2.00M	52.70M	-5.00M

Soder Sportfiske AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 26.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SODER, the sentiment is Negative. The current price of 26.9 is above the 20-day moving average (MA) of 26.44, below the 50-day MA of 27.40, and below the 200-day MA of 28.28, indicating a neutral trend. The MACD of -0.24 indicates Negative momentum. The RSI at 51.31 is Neutral, neither overbought nor oversold. The STOCH value of 84.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:SODER.

Soder Sportfiske AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RUG	74 Outperform	kr1.65B	27.57	10.69%	1.58%	5.88%	0.85%
BORG	73 Outperform	kr1.54B	18.15	23.89%	2.45%	10.32%	13.49%
NELLY	72 Outperform	kr2.38B	18.62	41.57%	―	8.68%	137.29%
SODER	69 Neutral	€227.53M	32.91	8.09%	2.97%	5.68%	-36.16%
BMAX	60 Neutral	kr3.30B	21.43	6.44%	1.33%	4.40%	7603.52%
USWE	51 Neutral	kr121.32M	-9.83	-18.39%	―	22.81%	36.26%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%