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Studsvik AB
(SVIK)
Studsvik AB (SVIK) vs. iShares MSCI Sweden ETF (EWD)
Studsvik AB Business Overview & Revenue Model
Studsvik AB Financial Statement Overview
| 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 | 72.10M | 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
Studsvik AB Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | kr2.68B | 59.05 | 9.66% | 0.82% | 3.86% | -28.91% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
53 Neutral | kr109.01M | -13.81 | -17.60% | ― | -27.29% | 72.72% | |
52 Neutral | kr126.88M | -6.27 | -94.54% | ― | -27.18% | 33.32% | |
49 Neutral | kr47.24M | -2.71 | -25.32% | ― | ― | ― | |
46 Neutral | kr866.28M | -12.66 | -39.97% | ― | 11.85% | 6.39% | |
44 Neutral | kr1.02B | -58.70 | -7.30% | ― | 36.59% | 91.88% |
Studsvik AB Corporate Events
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 technology-agnostic small modular reactor expertise and team, Studsvik aims to build a vertically integrated nuclear services platform spanning early-stage project development, vendor-neutral advisory, fuel and materials testing, mission-critical software, and waste management.
The deal positions Studsvik to benefit from Sweden’s planned wave of nuclear investment, supported by government financing mechanisms worth SEK 220 billion to stimulate advanced reactor projects. The transaction, valuing Kärnfull Next at about €6.5 million with additional potential earn-outs up to €14 million, is expected to close in the second quarter of 2026, with no material impact on Studsvik’s 2026 financial results but clear strategic significance for its long-term growth and industry role.
The most recent analyst rating on (SE:SVIK) stock is a Buy with a SEK320.00 price target. To see the full list of analyst forecasts on Studsvik AB stock, see the SE:SVIK Stock Forecast page.
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 supporting the development of advanced nuclear fuel technologies for more flexible operation of nuclear power plants. The multi-year program, running from late 2025 through 2030 and leveraging hot-cell facilities in Sweden and the BR2 reactor and hot cells in Belgium, is expected to enhance nuclear fuel design and performance, reinforce Studsvik’s role as a key technical partner in next-generation nuclear fuel development, and underscore the strategic collaboration between European and Asian players in advancing safer and more efficient nuclear energy.
The most recent analyst rating on (SE:SVIK) stock is a Hold with a SEK344.00 price target. To see the full list of analyst forecasts on Studsvik AB stock, see the SE:SVIK Stock Forecast page.
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 particular by the Fuel, Materials & Waste Technology business area, which delivered one of its best years to date and contributed to a reduction in net debt and a lower net debt/equity ratio. During the fourth quarter, the company secured significant international contracts, including RoPower Nuclear SA’s selection of its Core Management System 5 for Romania’s first SMR project, a long-term fuel testing and analysis agreement with KEPCO Nuclear Fuel and SCK CEN, and expanded collaboration on its inDRUM radioactive waste reduction technology. Governance was strengthened with new board appointments and an authorisation for potential new share issues, while the board proposed cancelling the 2025 dividend to prioritise capital for a pro-growth agenda. Management highlighted growing global demand for advanced nuclear technologies, renewed investor interest, and Studsvik’s strategic positioning in Sweden’s expanding nuclear market as key drivers underpinning its financial turnaround and future growth ambitions.
The most recent analyst rating on (SE:SVIK) stock is a Hold with a SEK344.00 price target. To see the full list of analyst forecasts on Studsvik AB stock, see the SE:SVIK Stock Forecast page.
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 for their contributions. In response to their departures, the company’s nomination committee has revised its proposal for the upcoming extraordinary general meeting, now recommending a reduction in the number of board members from eight to six, signaling a streamlined board structure ahead of the meeting on January 23, 2026.
The most recent analyst rating on (SE:SVIK) stock is a Hold with a SEK300.00 price target. To see the full list of analyst forecasts on Studsvik AB stock, see the SE:SVIK Stock Forecast page.
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 to eight members. Pyke brings extensive experience in leading major UK nuclear power projects, including Sizewell C and Hinkley Point C, alongside her role on the UK Government’s Clean Power 2030 Advisory Commission, while Rodman contributes deep nuclear investment and policy expertise as founder and CIO of energy-focused investment firm Segra Capital. The proposed remuneration for the new board member will follow the compensation level set at the 2025 annual general meeting, applied pro rata from the date of the EGM, reflecting Studsvik’s effort to strengthen its governance and strategic capabilities as nuclear energy gains prominence in the global clean energy transition.
The most recent analyst rating on (SE:SVIK) stock is a Hold with a SEK297.00 price target. To see the full list of analyst forecasts on Studsvik AB stock, see the SE:SVIK Stock Forecast page.
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 with the deal, Studsvik’s Nomination Committee will propose Segra founder and CIO Adam Rodman for election to the board at an extraordinary general meeting later in January, in a move the company’s chairman describes as a generational renewal that brings deep sector expertise and long-term capital. The transaction is structured entirely as a secondary share purchase with no new shares issued by Studsvik and undisclosed financial terms, meaning no immediate dilution for existing shareholders. Existing major shareholder Armada Investment’s Daniel S. Aegerter said the reinforced ownership base positions Studsvik to accelerate its transformation into a global nuclear technology leader and to pursue an ambitious M&A and innovation agenda aimed at capitalising on the expanding global nuclear power market.
The most recent analyst rating on (SE:SVIK) stock is a Hold with a SEK271.00 price target. To see the full list of analyst forecasts on Studsvik AB stock, see the SE:SVIK Stock Forecast page.
Studsvik AB has called an extraordinary general meeting for January 23, 2026, in Stockholm, inviting shareholders to resolve on changes to the board of directors, including registration, proxy and attendance procedures in line with Swedish corporate governance rules. The nomination committee proposes expanding the board to seven members and appointing UK nuclear executive Julia Pyke, noted for her leadership of the Sizewell C and involvement in Hinkley Point C projects, with her remuneration aligned pro rata to the levels set at the 2025 annual general meeting, underscoring Studsvik’s strategic ambition to strengthen its board with international nuclear infrastructure expertise.
The most recent analyst rating on (SE:SVIK) stock is a Hold with a SEK271.00 price target. To see the full list of analyst forecasts on Studsvik AB stock, see the SE:SVIK Stock Forecast page.