Storskogen Group AB Class B (STOR.B) AI Stock Analysis

• Market Cap: kr19.97B
• Dividend Yield: 0.88%
• Average Volume (3M): 2.86M
• Price to Earnings (P/E): 18.8
• Beta (1Y): 1.53
• Revenue Growth: -4.70%
• EPS Growth: N/A
• Country: SE
• Employees: 10,792
• Sector: Industrials
• Sector Strength: 72
• Industry: Asset Management
• EPS (TTM): 0.20
• Shares Outstanding: 1,554,723,900
• 10 Day Avg. Volume: 3,062,643
• 30 Day Avg. Volume: 2,858,686
• PEG Ratio: 3.50
• Price to Book (P/B): 0.93
• Price to Sales (P/S): 0.57
• P/FCF Ratio: 8.37
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: kr12.50 ▲(10.33% Upside)

Storskogen Group AB Class B's overall score is driven by stable financial performance and positive technical indicators. The company's solid balance sheet and cash flow generation are strengths, while the moderate valuation and low dividend yield slightly temper the score.

Positive Factors

Cash Flow Generation

Strong cash flow generation indicates efficient operations and provides the company with flexibility for reinvestment and debt management.

Balance Sheet Health

A stable balance sheet with reasonable leverage and a solid equity base enhances financial stability and reduces risk.

Profit Margin Improvement

Improved profit margins reflect better cost management and operational efficiency, contributing to long-term profitability.

Negative Factors

Revenue Growth Decline

Declining revenue growth may signal challenges in market expansion or competitive pressures, impacting future earnings potential.

Moderate Profitability

Moderate profitability suggests limited return on investment, which could affect the company's ability to attract new investors.

Operational Efficiency

Moderate margins indicate room for improvement in operational efficiency, which is crucial for enhancing competitive advantage.

Storskogen Group AB Class B Business Overview & Revenue Model

Company Description

Storskogen Group AB (publ) acquires and operates companies in areas, such as installation, logistics, infrastructure, engineering services, digital services, HR and competence, industrial technology, automation, and products solutions. The company was founded in 2012 and is based in Stockholm, Sweden.

How the Company Makes Money

Storskogen generates revenue primarily through the acquisition and management of its portfolio companies. The company's revenue model is based on the performance of these SMEs, which contribute to the overall earnings through their individual operations. Key revenue streams include sales from the various businesses within its portfolio, as well as potential dividends and capital gains upon the eventual sale or restructuring of these companies. Storskogen's investment strategy often involves partnerships with founders and entrepreneurs, which can lead to shared success and enhanced profitability. Additionally, the company benefits from economies of scale and operational synergies across its diverse holdings, contributing to its financial performance.

Storskogen Group AB Class B Financial Statement Overview

Summary

Storskogen Group AB Class B shows stable financial performance with improved profitability and cash flow generation. Despite a slight decline in revenue growth, the company maintains a solid balance sheet with manageable leverage and a strong free cash flow to net income ratio.

Income Statement

The income statement shows a mixed performance. The TTM data indicates a slight decline in revenue growth at -2.7%, but gross profit margins have improved to 22.2%. Net profit margin has also improved to 2.95% from a negative margin in the previous year. However, the EBIT and EBITDA margins are moderate at 7.33% and 11.35%, respectively, suggesting room for operational efficiency improvements.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.55, which is reasonable for the asset management industry. The return on equity (ROE) is modest at 4.77%, indicating moderate profitability. The equity ratio stands at 48.6%, showing a solid equity base relative to total assets, which enhances financial stability.

Cash Flow

Cash flow analysis reveals a positive trend with a 5.19% growth in free cash flow. The operating cash flow to net income ratio is 0.30, indicating decent cash generation relative to net income. The free cash flow to net income ratio is strong at 0.82, suggesting efficient cash conversion from profits.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	32.97B	34.18B	36.01B	34.25B	17.50B	8.93B
Gross Profit	6.17B	6.44B	7.32B	6.78B	3.70B	1.80B
EBITDA	3.70B	4.16B	4.24B	4.36B	2.29B	1.17B
Net Income	1.06B	-52.00M	778.00M	1.44B	856.00M	542.00M
Balance Sheet
Total Assets	42.32B	43.18B	44.17B	47.48B	32.22B	12.00B
Cash, Cash Equivalents and Short-Term Investments	1.15B	1.90B	1.56B	3.02B	6.17B	2.61B
Total Debt	11.33B	11.60B	12.28B	15.08B	7.55B	4.11B
Total Liabilities	21.75B	22.37B	23.73B	27.85B	15.63B	6.74B
Stockholders Equity	20.56B	20.81B	20.43B	19.59B	16.56B	4.91B
Cash Flow
Free Cash Flow	2.68B	2.32B	2.53B	900.00M	944.00M	596.00M
Operating Cash Flow	2.98B	3.10B	3.36B	1.63B	1.38B	814.00M
Investing Cash Flow	-1.26B	-1.12B	-965.00M	-9.80B	-7.46B	-2.83B
Financing Cash Flow	-1.83B	-1.67B	-3.88B	4.94B	10.37B	2.16B

Storskogen Group AB Class B Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 11.33
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:STOR.B, the sentiment is Positive. The current price of 11.33 is below the 20-day moving average (MA) of 11.35, above the 50-day MA of 11.07, and above the 200-day MA of 11.06, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 60.31 is Neutral, neither overbought nor oversold. The STOCH value of 83.51 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:STOR.B.

Storskogen Group AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CRED.A	74 Outperform	kr10.07B	7.76	12.47%	2.18%	4.72%	-38.28%
STOR.B	69 Neutral	kr19.97B	18.82	5.21%	0.88%	-4.70%	―
RATO.B	69 Neutral	kr13.11B	15.85	6.59%	3.70%	-22.65%	-14.05%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
MCAP	63 Neutral	kr8.22B	41.64	15.16%	―	11.30%	-14.49%
BURE	58 Neutral	kr17.42B	-3.26	-23.18%	1.13%	22.38%	-153.85%
KINV.B	47 Neutral	kr22.86B	182.67	0.33%	―	-97.64%	―

Storskogen Group AB Class B Corporate Events

Storskogen Promotes SoVent Chief Jesper Kronstrand to Head of Business Area Services

Storskogen has appointed Jesper Kronstrand as the new Head of its Business Area Services and member of the Executive Management Team, succeeding Peter Ahlgren, who is stepping back from operational duties but will remain involved through selected board roles and as Senior Advisor during a structured transition. Kronstrand, who has led Storskogen’s SoVent Group since 2018 and driven strong organic growth, profitability and acquisitions there, will initially stay on at SoVent to ensure continuity, and his internal promotion underscores Storskogen’s strategy of nurturing leadership from within to support continued expansion and development of its services operations.

The most recent analyst rating on ($SE:STOR.B) stock is a Hold with a SEK12.50 price target. To see the full list of analyst forecasts on Storskogen Group AB Class B stock, see the SE:STOR.B Stock Forecast page.

Storskogen Adjusts Share Structure After Conversion of Class A to Class B Shares

Storskogen Group AB has updated its share and vote structure, reporting a total of 1,686,725,219 shares outstanding as of 30 December 2025, comprising 125,001,374 Class A shares and 1,561,723,845 Class B shares, corresponding to 2,811,737,585 votes, with the company holding 8,065,000 of its own Class B shares. The change in the capital structure stems from the conversion of 7,000,000 Class A shares into Class B shares under its articles of association, a move formally registered with the Swedish Companies Registration Office on 23 December 2025, and reflects ongoing adjustments to the company’s share class mix that may influence ownership dynamics and voting power distribution among shareholders.

The most recent analyst rating on ($SE:STOR.B) stock is a Hold with a SEK12.50 price target. To see the full list of analyst forecasts on Storskogen Group AB Class B stock, see the SE:STOR.B Stock Forecast page.

Storskogen Group AB to List Bonds on Nasdaq Stockholm

Storskogen Group AB has issued senior unsecured bonds worth SEK 1,000 million under a SEK 2,000 million framework. The company has applied for these bonds to be traded on Nasdaq Stockholm, with the Swedish Financial Supervisory Authority approving the listing prospectus. Trading is expected to commence around 18 November 2025. This move is part of Storskogen’s strategy to enhance its financial flexibility and strengthen its market position, potentially impacting stakeholders by providing increased liquidity and investment opportunities.

The most recent analyst rating on ($SE:STOR.B) stock is a Buy with a SEK12.50 price target. To see the full list of analyst forecasts on Storskogen Group AB Class B stock, see the SE:STOR.B Stock Forecast page.

Storskogen Announces Management Transition as Peter Ahlgren Becomes Senior Advisor

Storskogen Group AB has announced a change in its management team, with Peter Ahlgren transitioning from his role as Head of Business Area Services to become a Senior Advisor. Ahlgren, who joined the company in 2014, has been pivotal in Storskogen’s growth from a few business units to an international group. His leadership has significantly contributed to the company’s expansion, and he will continue to support Storskogen’s development in an advisory capacity.

The most recent analyst rating on ($SE:STOR.B) stock is a Hold with a SEK10.50 price target. To see the full list of analyst forecasts on Storskogen Group AB Class B stock, see the SE:STOR.B Stock Forecast page.

Storskogen Group AB Reports Stable Q3 2025 Performance and Strategic Growth Initiatives

Storskogen Group AB reported stable financial performance for the third quarter of 2025, with net sales remaining steady and a slight decrease in adjusted EBITA. The company completed several acquisitions, enhancing its growth potential, and initiated share buybacks to optimize capital structure. Despite ongoing market uncertainties, Storskogen is well-positioned for future growth, supported by strong cash flow and strategic investments.

The most recent analyst rating on ($SE:STOR.B) stock is a Hold with a SEK10.50 price target. To see the full list of analyst forecasts on Storskogen Group AB Class B stock, see the SE:STOR.B Stock Forecast page.

Storskogen Expands Nordic Leadership with Frameda Acquisition

Storskogen Group AB has acquired a majority stake in Frameda Oy, a Helsinki-based distributor and brand partner in professional haircare, to strengthen its Nordic leadership. This acquisition is expected to enhance Storskogen’s presence in Finland and aligns with its health and well-being investment theme, complementing its existing operations in Sweden, Norway, Denmark, and Switzerland. The acquisition is anticipated to have a marginally positive impact on Storskogen’s earnings and EBITA margin, while Frameda will continue to operate under its current brand and management.

The most recent analyst rating on ($SE:STOR.B) stock is a Hold with a SEK10.50 price target. To see the full list of analyst forecasts on Storskogen Group AB Class B stock, see the SE:STOR.B Stock Forecast page.

Storskogen Group AB Announces SEK 100 Million Share Buyback Plan

Storskogen Group AB has announced a decision to repurchase its own Class B shares up to a maximum of SEK 100 million, authorized by the 2025 Annual General Meeting. This move aims to optimize the company’s capital structure and enhance shareholder value. The repurchase will be conducted on Nasdaq Stockholm, with the company ensuring it does not exceed holding 10% of its total shares. This strategic initiative is supported by Storskogen’s strong cash flows, robust balance sheet, and ample liquidity, indicating a focus on long-term shareholder value.

The most recent analyst rating on ($SE:STOR.B) stock is a Hold with a SEK10.50 price target. To see the full list of analyst forecasts on Storskogen Group AB Class B stock, see the SE:STOR.B Stock Forecast page.

Storskogen to Present Q3 2025 Interim Report

Storskogen Group AB is set to release its interim report for the third quarter of 2025 on November 5. The report will be presented by CEO Christer Hansson and CFO Lena Glader, followed by a Q&A session. The presentation will be available via webcast and telephone conference, providing stakeholders with insights into the company’s financial performance and strategic direction.

The most recent analyst rating on ($SE:STOR.B) stock is a Hold with a SEK10.50 price target. To see the full list of analyst forecasts on Storskogen Group AB Class B stock, see the SE:STOR.B Stock Forecast page.