Studsvik AB (SE:SVIK)
:SVIK
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Studsvik AB
(SVIK)
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Rating:69Neutral
Price Target:
kr331.00
▲(26.34% Upside)
Action:ReiteratedDate:02/08/26
The score is driven primarily by improved financial performance in 2025 (earnings and cash flow rebound, healthier leverage) and strong technical momentum (price above major moving averages with positive MACD). These positives are tempered by demanding valuation (very high P/E and low dividend yield) and the company’s history of volatility in margins and cash conversion.
Positive Factors
Diversified nuclear services across lifecycle
Studsvik's business model spans testing, engineering, decommissioning and waste conditioning across the nuclear lifecycle. That breadth creates multiple fee-for-service revenue streams, reduces single-project exposure, and leverages specialized IP to win long-term technical contracts.
Negative Factors
Stagnant to slightly declining revenues
Flat or declining top-line growth limits operating leverage and constrains the firm's ability to scale fixed-cost capabilities. Without sustained revenue growth, margin and return improvements must come from cost cuts or pricing, which may be harder to sustain in competitive technical services.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified nuclear services across lifecycle
Studsvik's business model spans testing, engineering, decommissioning and waste conditioning across the nuclear lifecycle. That breadth creates multiple fee-for-service revenue streams, reduces single-project exposure, and leverages specialized IP to win long-term technical contracts.
Read all positive factors
Studsvik AB (SVIK) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr2.51B
Dividend Yield0.82%
Average Volume (3M)29.78K
Price to Earnings (P/E)36.7
Beta (1Y)0.47
Revenue Growth3.86%
EPS Growth-28.91%
CountrySE
Employees540
SectorIndustrials
Sector Strength72
IndustryWaste Management
Share Statistics
EPS (TTM)1.90
Shares Outstanding8,218,611
10 Day Avg. Volume31,315
30 Day Avg. Volume29,778
Financial Highlights & Ratios
PEG Ratio0.21
Price to Book (P/B)5.69
Price to Sales (P/S)2.49
P/FCF Ratio23.81
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)6.25
Revenue Forecast (FY)kr912.00M
Studsvik AB Business Overview & Revenue Model
Company Description
Studsvik AB (publ) develops, sells, and delivers various technical solutions to the nuclear and radiological sectors in Sweden, rest of Europe, Asia, North America, and internationally. It offers engineering and consultancy, fuel and materials tes...
How the Company Makes Money
Studsvik makes money primarily by selling specialized nuclear-technology services delivered on a project, contract, or fee-for-service basis. Key revenue streams typically include: (1) Engineering and consulting services for nuclear facilities—bil...
Studsvik AB Financial Statement Overview
Summary
Income Statement
66
Positive
Balance Sheet
71
Positive
Cash Flow
72
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 883.30M | 893.10M | 826.03M | 814.77M | 798.32M |
| Gross Profit | 212.60M | 198.38M | 209.66M | 204.29M | 207.10M |
| EBITDA | 81.51M | 68.55M | 97.43M | 99.62M | 114.09M |
| Net Income | 37.30M | 9.60M | 48.58M | 47.87M | 63.18M |
Balance Sheet | |||||
| Total Assets | 1.01B | 1.07B | 1.01B | 1.02B | 936.49M |
| Cash, Cash Equivalents and Short-Term Investments | 49.90M | 56.32M | 97.80M | 120.08M | 108.40M |
| Total Debt | 115.00M | 188.47M | 161.28M | 101.21M | 63.52M |
| Total Liabilities | 618.90M | 662.60M | 618.03M | 586.44M | 549.20M |
| Stockholders Equity | 387.00M | 403.00M | 389.20M | 436.00M | 386.91M |
Cash Flow | |||||
| Free Cash Flow | 92.50M | -45.71M | 40.70M | -24.49M | 55.16M |
| Operating Cash Flow | 119.90M | 21.69M | 82.39M | 242.00K | 113.70M |
| Investing Cash Flow | -21.50M | -99.79M | -30.99M | -17.83M | -42.33M |
| Financing Cash Flow | -99.90M | 32.10M | -71.80M | 15.81M | -43.33M |
Studsvik AB Technical Analysis
Neutral
262.00
Price Trends
316.41
Negative
298.75
Positive
255.63
Positive
Market Momentum
-0.59
Positive
48.46
Neutral
30.96
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SVIK, the sentiment is Neutral. The current price of 262 is below the 20-day moving average (MA) of 310.82, below the 50-day MA of 316.41, and above the 200-day MA of 255.63, indicating a neutral trend. The MACD of -0.59 indicates Positive momentum. The RSI at 48.46 is Neutral, neither overbought nor oversold. The STOCH value of 30.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:SVIK.
Studsvik AB Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | kr2.51B | 36.71 | 9.66% | 0.82% | 3.86% | -28.91% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
53 Neutral | kr111.03M | -13.81 | -17.60% | ― | -27.29% | 72.72% | |
52 Neutral | kr121.32M | -6.27 | -94.54% | ― | -27.18% | 33.32% | |
49 Neutral | kr42.82M | -2.71 | -25.32% | ― | ― | ― | |
44 Neutral | kr1.08B | -58.70 | -7.30% | ― | 36.59% | 91.88% | |
44 Neutral | kr945.87M | -12.66 | -39.97% | ― | 11.85% | 6.39% |
* Industrials Sector Average
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Studsvik AB Corporate Events
Studsvik Joins Rolls-Royce SMR Push With New Nuclear Services Pact
Mar 25, 2026
Rolls-Royce SMR and Swedish nuclear technology specialist Studsvik AB have signed a Memorandum of Understanding to broaden their collaboration across Studsvik’s full service portfolio in support of Rolls-Royce’s small modular reactor p...
Studsvik Calls 2026 AGM With Wide-Ranging Governance and Incentive Proposals
Mar 16, 2026
Studsvik AB has convened its Annual General Meeting for April 23, 2026, at the World Trade Center in Stockholm, setting out detailed instructions for shareholder registration, notification of attendance, nominee registration, and use of proxies. T...
Studsvik and Novatron Forge Nordic Fusion Power Partnership
Mar 16, 2026
Studsvik has entered a strategic Memorandum of Understanding with Swedish developer Novatron Fusion Group to support the development of a fusion reactor based on Novatron’s mirror-machine plasma containment technology and to bolster the Nord...
Studsvik Buys Kärnfull Next to Enter SMR Project Development
Mar 9, 2026
Studsvik AB is expanding its scope from servicing the existing global nuclear reactor fleet to developing new nuclear projects through the acquisition of Swedish SMR project developer Kärnfull Next. By integrating Kärnfull Next’s t...
Studsvik Signs Multi-Year Advanced Nuclear Fuel Testing Deal with KEPCO and SCK CEN
Feb 5, 2026
Studsvik Nuclear AB has signed a long-term service agreement with KEPCO Nuclear Fuel in South Korea and the Belgian Nuclear Research Centre (SCK CEN) for an extensive performance testing and analysis program of irradiated HANA fuel, aimed at suppo...
Studsvik Delivers Strong 2025 Cash Flow and Profit on Nuclear Tech Contracts, Drops Dividend to Fund Growth
Feb 5, 2026
Studsvik AB reported a strong improvement in profitability and cash flow for 2025, with operating profit rising to SEK 68.6 million and free cash flow reaching SEK 98.3 million, despite slightly lower reported sales. Performance was driven in part...
Studsvik Board Members Nestenborg and Strömqvist Step Down Ahead of Extraordinary Meeting
Jan 21, 2026
Studsvik AB announced that long-serving board member Agneta Nestenborg, on the board since 2010, and board member Erik Strömqvist, who joined in 2021, have resigned from the board at their own request, with the chairman publicly thanking them...
Studsvik Moves to Broaden Board with Nuclear and Investment Heavyweights
Jan 12, 2026
Studsvik AB’s Nomination Committee has updated its proposal ahead of the Extraordinary General Meeting on 23 January 2026, now recommending the election of two new board members, Julia Pyke and Adam Rodman, and expanding the board from seven...
Segra Capital Takes 9.9% Stake in Studsvik, Becomes New Anchor Shareholder
Jan 8, 2026
Segra Capital, a nuclear-focused investment firm based in the United States, has agreed to acquire a 9.9% stake in Studsvik AB from existing shareholders, becoming a new anchor shareholder in the Swedish nuclear technology group. In connection wit...
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.