Sweco AB (SWEC.B) AI Stock Analysis

• Market Cap: kr53.20B
• Dividend Yield: 2.2%
• Average Volume (3M): 247.27K
• Price to Earnings (P/E): 24.6
• Beta (1Y): 0.81
• Revenue Growth: 2.79%
• EPS Growth: 14.00%
• Country: SE
• Employees: 21,022
• Sector: General
• Sector Strength: N/A
• Industry: Engineering & Construction
• EPS (TTM): 1.17
• Shares Outstanding: 332,236,270
• 10 Day Avg. Volume: 229,049
• 30 Day Avg. Volume: 247,272
• PEG Ratio: 1.19
• Price to Book (P/B): 4.98
• Price to Sales (P/S): 1.93
• P/FCF Ratio: 16.08
• 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: 66 Neutral
• Price Target: kr154.00 ▲(3.84% Upside)

Sweco AB's overall stock score is driven primarily by its strong financial performance, characterized by robust revenue growth and profitability. However, technical analysis indicates a bearish trend, and the valuation suggests the stock may be overvalued. The absence of earnings call data and corporate events means these factors did not influence the score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates a strong market position and effective business model, enhancing long-term sustainability.

Cash Flow Generation

Robust cash flow generation supports strategic initiatives and operational stability, providing financial flexibility.

Balance Sheet Health

A balanced debt-to-equity ratio indicates prudent financial management, enhancing resilience against economic fluctuations.

Negative Factors

Gross Profit Margin Fluctuations

Fluctuating gross profit margins may indicate inefficiencies in cost management, potentially impacting long-term profitability.

Decline in Operating Cash Flow Coverage

A declining operating cash flow coverage ratio could strain financial resources, affecting the company's ability to fund operations.

Debt Increase

Rising debt levels may limit financial flexibility and increase risk, necessitating careful debt management to maintain stability.

Sweco AB Business Overview & Revenue Model

Company Description

Sweco AB (publ) provides consulting services in engineering, environmental technology, and architecture fields worldwide. The company undertakes provides energy analysis and environmental certification, design of electrical, telecom and security systems, fire safety engineering and risk analysis, HVAC and sanitation, steel, timber, and glass structures design, building construction and industrial structures design, construction economics, urban planning, project and design management, property development, site supervision, systems development and big data, data coordination and BIM, 3D visualization and geographical analyses, and strategy and operational support. It also provides water and wastewater engineering services, water resource planning, urban water management, design of flood protection structures, waste management planning and advice, environmental studies and services, energy production studies, transmission and distribution planning, energy market analysis and optimization advice, process engineering services, plant design, and logistics planning and project management. In addition, the company offers road and land use planning, rock excavation design and geotechnical engineering, bridge design, port master planning, surveying, tracks, electricity, signalling, telecoms, operation and maintenance, capacity, accessibility, and strategic planning, and intelligent transportation systems. Additionally, the company offers electricity and automation, fire engineering and risk analysis, design for electrical, telecom, and security systems, environment, and energy; project management; and general, landscape, and interior architecture. Sweco AB (publ) is headquartered in Stockholm, Sweden.

How the Company Makes Money

Sweco AB generates revenue primarily through its consulting services, which include engineering, architecture, and environmental assessments. The company earns money by charging fees for its expertise on projects, often structured as hourly rates or fixed-price contracts. Key revenue streams come from long-term contracts with government agencies and private sector clients for large-scale infrastructure projects, as well as smaller, specialized consulting engagements. Additionally, Sweco benefits from partnerships with other firms and organizations that enable collaborative projects, further contributing to its earnings. The company's focus on sustainability and innovation also positions it favorably in securing funding and projects related to green energy and urban development.

Sweco AB Financial Statement Overview

Summary

Sweco AB exhibits solid financial health with strong revenue growth and profitability. The balance sheet is stable, with a prudent debt level and high return on equity. Cash flow generation is robust, supporting operational and strategic initiatives. Continued focus on cost management and debt monitoring will be key to sustaining this performance.

Income Statement

Sweco AB demonstrates strong revenue growth with a TTM increase of 1.17% and consistent profitability, evidenced by a stable net profit margin of 6.86%. The company maintains healthy EBIT and EBITDA margins, indicating efficient operations. However, the gross profit margin has seen fluctuations, suggesting potential cost management challenges.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio of 0.58, indicating a balanced approach to leveraging. Return on equity is robust at 18.05%, showcasing effective use of shareholder funds. The equity ratio suggests a solid capital structure, though the increase in total debt over recent years warrants monitoring.

Cash Flow

Sweco AB's cash flow is strong, with a notable free cash flow growth rate of 3.74% TTM. The operating cash flow to net income ratio is healthy, indicating good cash conversion. The free cash flow to net income ratio of 0.88 suggests efficient cash management, although the decline in operating cash flow coverage ratio over time should be addressed.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	31.14B	30.68B	28.52B	24.30B	21.79B	20.86B
Gross Profit	19.33B	3.03B	2.42B	2.18B	1.99B	1.76B
EBITDA	4.61B	4.45B	3.80B	3.37B	3.08B	2.76B
Net Income	2.16B	2.07B	1.67B	1.65B	1.49B	1.29B
Balance Sheet
Total Assets	28.80B	28.30B	25.51B	21.92B	19.66B	19.95B
Cash, Cash Equivalents and Short-Term Investments	651.00M	1.65B	1.10B	850.00M	896.00M	2.09B
Total Debt	7.17B	6.78B	6.64B	4.44B	4.42B	5.87B
Total Liabilities	16.82B	16.37B	14.92B	11.97B	11.05B	12.39B
Stockholders Equity	11.97B	11.92B	10.59B	9.94B	8.59B	7.55B
Cash Flow
Free Cash Flow	3.30B	3.69B	2.15B	2.19B	1.96B	3.02B
Operating Cash Flow	3.72B	4.06B	2.50B	2.52B	2.20B	3.25B
Investing Cash Flow	-1.17B	-549.00M	-2.04B	-907.00M	-578.00M	-746.00M
Financing Cash Flow	-2.54B	-2.94B	-203.00M	-1.69B	-2.84B	-1.06B

Sweco AB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 148.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SWEC.B, the sentiment is Neutral. The current price of 148.3 is above the 20-day moving average (MA) of 147.11, below the 50-day MA of 152.84, and below the 200-day MA of 160.29, indicating a neutral trend. The MACD of -1.74 indicates Negative momentum. The RSI at 46.60 is Neutral, neither overbought nor oversold. The STOCH value of 73.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:SWEC.B.

Sweco AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NCC.B	75 Outperform	kr20.32B	14.08	20.30%	4.17%	5.68%	27.52%
PEAB.B	70 Outperform	kr26.25B	15.56	10.55%	3.26%	-4.93%	10.91%
AFRY	69 Neutral	kr15.90B	17.24	6.97%	4.09%	-3.73%	-22.34%
SKA.B	67 Neutral	kr111.48B	18.03	10.45%	3.18%	6.02%	26.26%
SWEC.B	66 Neutral	kr53.20B	24.59	18.65%	2.20%	2.79%	14.00%
BRAV	62 Neutral	kr17.99B	15.49	―	4.22%	-4.21%	10.63%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

Sweco AB Corporate Events

Sweco Secures SEK 600 Million Framework Agreement with Vattenfall

Sweco has secured a new three-year framework agreement with Vattenfall, Sweden’s largest electricity provider, valued at approximately SEK 600 million. This collaboration will involve Sweco providing technical consulting services in various energy sectors, supporting Vattenfall’s goal of achieving net zero emissions by 2040 and contributing to Sweden’s green energy transition.

The most recent analyst rating on ($SE:SWEC.B) stock is a Hold with a SEK171.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.

Sweco AB Appoints New Business Area President for Sweden

Sweco AB has appointed Fredrik Wallner as the new Business Area President for Sweco Sweden, effective January 1, 2026. Wallner, who has a long-standing career in the built environment sector, will succeed Ann-Louise Lökholm Klasson. This leadership change is expected to further strengthen Sweco’s operations in Sweden, which is the largest business area of the group with over 7,000 employees and annual net sales of SEK 9.1 billion.

The most recent analyst rating on ($SE:SWEC.B) stock is a Hold with a SEK171.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.

Sweco to Enhance Ukraine’s Waste Management and Infrastructure

Sweco has entered into agreements to support Ukraine in rebuilding its critical infrastructure, focusing on wastewater and waste management projects. These initiatives, funded by Swedish and Danish authorities and the European Bank for Reconstruction and Development, aim to enhance Ukraine’s capacity for efficient waste management and restore essential services in Mykolaiv and Rivne. Sweco’s longstanding presence in Ukraine, with over 70 projects in energy, industrial, water, and wastewater sectors, positions it as a key partner in Ukraine’s sustainable development and recovery efforts.

The most recent analyst rating on ($SE:SWEC.B) stock is a Hold with a SEK171.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.

Sweco Secures Framework Agreements with Sida for Sustainable Development

Sweco has secured three framework agreements with the Swedish International Development Cooperation Agency (Sida) to provide consulting services in sustainable transport, responsible mining, renewable energy, and energy efficiency. These agreements, valued at a maximum of 140 million SEK over two years, aim to support sustainable development in low- and middle-income countries and align with Sida’s strategy to improve living conditions for those facing poverty and oppression.

The most recent analyst rating on ($SE:SWEC.B) stock is a Hold with a SEK183.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.

Sweco Secures Framework Agreement with Norway’s Largest Public Transport Provider

Sweco has secured a framework agreement with Sporveien, Norway’s largest public transport provider, to deliver technical and engineering services in rail, construction, and infrastructure. The agreement, valued at NOK 350–500 million, spans two years with potential extensions, and involves projects awarded through mini-competitions among six suppliers. This partnership enhances Sweco’s role in developing Oslo’s public transport infrastructure, providing essential expertise in engineering design and capacity, crucial for future infrastructure projects.

The most recent analyst rating on ($SE:SWEC.B) stock is a Hold with a SEK183.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.

Sweco AB Reports Strong Q3 2025 Results Amid Strategic Expansion

Sweco AB reported strong financial results for the third quarter of 2025, with a 5% increase in net sales and a 19% rise in EBITA, reflecting improved pricing and efficiency gains. The company continues to navigate a mixed market effectively, with robust demand in sectors like energy, infrastructure, and environment, while also expanding through strategic acquisitions and new projects that enhance its market positioning and service offerings.

The most recent analyst rating on ($SE:SWEC.B) stock is a Hold with a SEK167.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.

Sweco Secures Framework Agreement for Dutch Infrastructure Renewal

Sweco has secured a framework agreement with Rijkswaterstaat, the Dutch government agency, to provide engineering services for infrastructure renewal projects in the Netherlands. This agreement, valued at up to EUR 1.7 billion, aims to address climate challenges by modernizing key infrastructure, enhancing safety, resilience, and mobility, and strengthening Sweco’s position in the industry.

The most recent analyst rating on ($SE:SWEC.B) stock is a Hold with a SEK167.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.

Sweco Secures Contract for Major Reservoir Project in Poland

Sweco has been awarded a contract by State Water Holding Polish Waters to design a new reservoir in Poland, aimed at enhancing climate resilience in water management following severe flooding caused by Storm Boris. The Kamieniec Ząbkowicki reservoir, with a capacity of 104 million m³, is part of a government initiative to bolster infrastructure against extreme weather, with Sweco’s order valued at EUR 14.6 million.

The most recent analyst rating on ($SE:SWEC.B) stock is a Hold with a SEK167.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.