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

• Market Cap: kr19.45B
• Dividend Yield: 0.83%
• Average Volume (3M): 5.38M
• Price to Earnings (P/E): 753.6
• Beta (1Y): 1.77
• Revenue Growth: -3.94%
• EPS Growth: -94.09%
• Country: SE
• Employees: 10,792
• Sector: Financial
• Sector Strength: 81
• Industry: Asset Management
• EPS (TTM): 0.14
• Shares Outstanding: 1,544,723,900
• 10 Day Avg. Volume: 3,314,495
• 30 Day Avg. Volume: 5,383,110
• PEG Ratio: -4.70
• Price to Book (P/B): 0.88
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.40
• 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: kr16.00
• Price Target Upside: 38.74% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 58 Neutral
• Price Target: ―

The overall stock score reflects a stable but challenging financial performance, marked by solid cash flow and a strong balance sheet but hindered by low profitability margins. Technical analysis indicates bearish market trends, and valuation metrics suggest the stock may be overvalued. Improving operational efficiency and profitability could enhance future performance.

Storskogen Group AB Class B Business Overview & Revenue Model

Company Description

Storskogen Group AB Class B (STOR.B) is a diversified investment company focused on acquiring and managing a wide range of small to medium-sized enterprises across various industries. The company operates through three main business areas: Services, Trade, and Industry. Storskogen's core strategy involves acquiring profitable businesses with strong market positions, aiming for long-term development and growth within its portfolio.

How the Company Makes Money

Storskogen Group AB generates revenue primarily through the acquisition and management of small to medium-sized enterprises across its three main business areas: Services, Trade, and Industry. By acquiring businesses with stable cash flows and strong market positions, Storskogen benefits from the operating profits of these companies. The Services segment includes businesses offering consultancy, logistics, and other professional services. The Trade segment encompasses companies involved in wholesale and retail distribution, while the Industry segment comprises manufacturing and engineering businesses. Storskogen's revenue model is based on the aggregation of earnings from its portfolio companies, which contribute to the overall financial performance of the group. Additionally, through strategic acquisitions, Storskogen aims to enhance operational efficiencies and expand market reach, further driving revenue growth.

Storskogen Group AB Class B Financial Statement Overview

Summary

Storskogen Group AB Class B faces challenges with declining revenue and profitability, as reflected by a negative net margin in 2024. Although the balance sheet shows moderate leverage and a stable equity position, return on equity is impacted by net losses. However, strong cash flow generation highlights effective cash management, providing a buffer against profitability issues.

Income Statement

Storskogen Group AB Class B saw a decline in total revenue from 2023 to 2024, marking a negative revenue growth rate. The gross profit margin in 2024 was approximately 18.85%, and the net profit margin was negative due to a net loss, indicating challenges in profitability. The EBIT margin was around 4.37%, showing operational efficiency is modest but has potential for improvement. Overall, the income statement reflects revenue contraction and profitability pressure, requiring strategic adjustments.

Balance Sheet

The debt-to-equity ratio for 2024 was approximately 0.56, indicating a moderate level of leverage. The equity ratio was about 48.20%, suggesting a balanced capital structure. Return on equity was negative due to a net loss, impacting investor returns. The balance sheet shows a stable equity position but highlights the need for improved profitability to enhance returns.

Cash Flow

Operating cash flow decreased slightly from 2023 to 2024, but free cash flow remained strong, driven by controlled capital expenditures. The free cash flow to net income ratio was not applicable due to net losses, but operating cash flow to net income was robust, indicating good cash generation relative to earnings. Cash flow management is a strength, providing flexibility despite profitability challenges.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
34.18B	36.01B	34.25B	17.50B	18.96B
	Gross Profit
6.44B	7.32B	6.78B	3.70B	4.19B
	EBIT
1.49B	2.35B	2.61B	1.41B	1.86B
	EBITDA
3.40B	3.68B	4.36B	2.29B	1.17B
	Net Income Common Stockholders
-52.00M	778.00M	1.44B	856.00M	1.31B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.90B	1.56B	3.02B	6.17B	2.61B
	Total Assets
43.18B	44.17B	47.48B	32.22B	12.00B
	Total Debt
11.60B	11.78B	15.12B	7.55B	4.11B
	Net Debt
9.71B	10.22B	12.10B	1.39B	2.25B
	Total Liabilities
22.37B	23.73B	27.85B	15.63B	6.74B
	Stockholders Equity
20.81B	20.43B	19.59B	15.39B	4.91B
Cash Flow		Free Cash Flow
2.35B	2.63B	900.00M	944.00M	596.00M
	Operating Cash Flow
3.10B	3.36B	1.63B	1.38B	814.00M
	Investing Cash Flow
-1.12B	-965.00M	-9.80B	-7.46B	-2.83B
	Financing Cash Flow
-1.67B	-3.88B	4.94B	10.37B	2.16B

Storskogen Group AB Class B Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 11.53
• 50DMA: Negative
• 100DMA: Negative
• 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 Neutral. The current price of 11.53 is above the 20-day moving average (MA) of 11.01, below the 50-day MA of 11.83, and above the 200-day MA of 11.29, indicating a neutral trend. The MACD of -0.17 indicates Negative momentum. The RSI at 53.52 is Neutral, neither overbought nor oversold. The STOCH value of 85.02 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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
MCAP	76 Outperform	kr6.61B	32.47	16.42%	―	10.18%	-1.08%
RATO.B	72 Outperform	kr13.27B	27.51	4.06%	3.37%	-5.70%	-62.59%
BURE	70 Neutral	€21.65B	186.64	0.27%	0.91%	13.61%	-97.82%
Sector *	64 Neutral	$12.86B	9.79	7.78%	16985.65%	12.28%	-7.82%
SVOL.B	64 Neutral	kr6.23B	14.16	7.27%	2.80%	―	―
STOR.B	58 Neutral	kr19.45B	753.59	0.16%	0.83%	-3.94%	-94.09%
KINV.A	56 Neutral	€22.88B	―		―	-95.90%	27.54%

Storskogen Group AB Class B Corporate Events

Storskogen Completes Successful Bond Tender Offer

Storskogen Group AB announced the results of its tender offer for outstanding bonds worth SEK 2 billion maturing in March 2027. Bonds amounting to SEK 945 million were tendered and accepted at a price of 103.75% of the nominal amount. The settlement is expected on June 4, 2025, coinciding with the issuance of new bonds worth SEK 1.25 billion. Remaining bonds will be redeemed at 103.4375% plus interest, with the redemption process involving major financial institutions as dealer managers.

The most recent analyst rating on ($SE:STOR.B) stock is a Buy with a SEK13.00 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 Issues SEK 1.25 Billion Bonds for Debt Refinancing

Storskogen Group AB has successfully issued SEK 1.25 billion in senior unsecured bonds to finance a tender offer and early redemption of existing bonds maturing in 2027. This financial maneuver is expected to reduce the company’s total bond debt by SEK 750 million and decrease quarterly interest expenses by SEK 20 million starting from the third quarter of 2025. The company anticipates total interest savings of SEK 75 million by March 2027, despite a one-off cost of SEK 75 million due to the tender and redemption premium. This strategic move is part of Storskogen’s efforts to strengthen its balance sheet and continue investing in growth initiatives.

The most recent analyst rating on ($SE:STOR.B) stock is a Buy with a SEK13.00 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 Appoints New Managing Director for UK Operations

Storskogen has announced a leadership change with Chris Pullen appointed as the new Managing Director for its UK operations, succeeding Philip Löfgren. This transition is part of Storskogen’s strategy to enhance its presence in key markets outside Sweden, leveraging its solid cash flows and strengthened balance sheet to pursue growth through organic initiatives and acquisitions.

The most recent analyst rating on ($SE:STOR.B) stock is a Buy with a SEK13.00 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 Plans New Bond Issuance and Redemption of 2027 Bonds

Storskogen Group AB is exploring the issuance of SEK-denominated senior unsecured bonds with a floating interest rate and a 4-year tenor, aiming to raise SEK 1.25 billion within a SEK 2.0 billion framework. The proceeds will be used for the tender and redemption of its existing 2027 bonds and general corporate purposes. The company has announced a tender offer for its existing 2027 bonds, offering to repurchase them at 103.75% of the nominal amount. The repurchase is conditional upon the successful issuance of the new bonds, which will also influence the early redemption of any remaining 2027 bonds not tendered.

The most recent analyst rating on ($SE:STOR.B) stock is a Buy with a SEK13.00 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 Key Resolutions at Annual General Meeting

At the annual general meeting of Storskogen Group AB, several key resolutions were made, including the approval of a SEK 0.10 per share dividend and the re-election of board members and auditors. The meeting also resolved to implement incentive programs for senior executives and key employees, authorizing the board to issue B-shares and manage treasury shares, which could impact the company’s financial strategies and shareholder value.

Storskogen Group Reports Q1 2025 Results with Strong Profit Growth

Storskogen Group AB reported a slight decline in net sales for Q1 2025, primarily due to divestments, while maintaining stable profitability with an adjusted EBITA margin of 8.8%. The company achieved a significant 50% increase in profit for the quarter, reflecting strong cash flow and positive organic profit growth in two of its three business areas. Additionally, Storskogen has successfully refinanced and extended its term loan facility, enhancing its financial flexibility and supporting future growth initiatives.