Sweco AB (SWEC.B) AI Stock Analysis

• Market Cap: kr60.36B
• Dividend Yield: 2.09%
• Average Volume (3M): 247.27K
• Price to Earnings (P/E): 27.9
• Beta (1Y): 0.94
• Revenue Growth: 2.79%
• EPS Growth: 14.00%
• Country: SE
• Employees: 21,022
• Sector: Industrials
• Sector Strength: 72
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: kr183.00 ▲(17.61% Upside)

Sweco AB's overall stock score is driven by its solid financial performance and positive technical indicators. However, the high P/E ratio suggests potential overvaluation, and the stock's RSI indicates it may be nearing overbought levels. Investors should monitor revenue growth and cash flow improvements for sustained performance.

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 design, project management, and environmental assessments. The company's revenue model is based on service contracts with clients in both the public and private sectors, often structured as fixed-price contracts or time-and-materials billing. Key revenue streams include major infrastructure projects, urban development, and environmental consulting, with significant contributions from ongoing maintenance and advisory roles. Sweco also benefits from strategic partnerships with government agencies and private firms, enhancing its market reach and capabilities. The company's ability to secure long-term contracts and its expertise in sustainable development are critical factors that contribute to its earnings.

Sweco AB Financial Statement Overview

Summary

Sweco AB demonstrates a solid financial foundation with strong profitability and efficient operations. While recent revenue and free cash flow growth have declined, the company maintains healthy profit margins and a balanced leverage position. Continued focus on revenue growth and cash flow improvement will be crucial for sustaining long-term financial health.

Income Statement

Sweco AB's income statement shows a stable financial performance with a consistent EBIT and EBITDA margin around 10% and 14% respectively, indicating efficient operations. However, the TTM revenue growth rate is negative, suggesting a recent decline in sales. Despite this, the company maintains a healthy net profit margin of approximately 6.9% in the TTM period, reflecting good cost management.

Balance Sheet

The balance sheet reflects a moderate debt-to-equity ratio of 0.58 in the TTM period, indicating a balanced approach to leveraging. The return on equity is strong at 18%, showcasing effective use of equity to generate profits. However, the equity ratio is not explicitly provided, which limits a full assessment of asset financing.

Cash Flow

Sweco AB's cash flow statement reveals a decline in free cash flow growth by 10.57% in the TTM period, which could be a concern for future liquidity. The operating cash flow to net income ratio is 0.32, indicating that cash generation from operations is lower compared to net income. However, the free cash flow to net income ratio remains robust at 0.88, suggesting that the company still generates significant cash relative to its earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	30.78B	30.68B	28.52B	24.30B	21.79B	20.86B
Gross Profit	19.23B	3.03B	2.42B	2.18B	1.99B	1.76B
EBITDA	4.49B	4.45B	3.80B	3.37B	3.08B	2.76B
Net Income	2.11B	2.07B	1.67B	1.65B	1.49B	1.29B
Balance Sheet
Total Assets	28.44B	28.30B	25.51B	21.92B	19.66B	19.95B
Cash, Cash Equivalents and Short-Term Investments	782.00M	1.65B	1.10B	850.00M	896.00M	2.09B
Total Debt	6.79B	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	11.62B	11.92B	10.59B	9.94B	8.59B	7.55B
Cash Flow
Free Cash Flow	3.18B	3.69B	2.15B	2.19B	1.96B	3.02B
Operating Cash Flow	3.61B	4.06B	2.50B	2.52B	2.20B	3.25B
Investing Cash Flow	-726.00M	-549.00M	-2.04B	-907.00M	-578.00M	-746.00M
Financing Cash Flow	-2.87B	-2.94B	-203.00M	-1.69B	-2.84B	-1.06B

Sweco AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 155.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SWEC.B, the sentiment is Negative. The current price of 155.6 is below the 20-day moving average (MA) of 163.76, below the 50-day MA of 160.23, and below the 200-day MA of 166.81, indicating a bearish trend. The MACD of -0.83 indicates Positive momentum. The RSI at 40.51 is Neutral, neither overbought nor oversold. The STOCH value of 17.86 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:SWEC.B.

Sweco AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SKA.B	71 Outperform	kr106.92B	17.32	10.45%	3.34%	6.02%	26.26%
NCC.B	70 Neutral	kr19.04B	13.21	20.30%	4.36%	5.68%	27.52%
SWEC.B	65 Neutral	kr60.36B	27.91	18.65%	2.09%	2.79%	14.00%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
AFRY	62 Neutral	$18.31B	19.86	6.97%	3.99%	-3.73%	-22.34%
BRAV	62 Neutral	kr16.14B	13.90	―	4.72%	-4.21%	10.63%
PEAB.B	59 Neutral	kr22.03B	13.06	10.55%	3.64%	-4.93%	10.91%

Sweco AB Corporate Events

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.

Sweco Expands in Belgium with Acquisition of Assar Architects

Sweco has acquired assar architects, a prominent architectural firm in Belgium and Luxembourg, to expand its architecture offerings in these regions. This acquisition, which adds approximately 150 experts to Sweco, aligns with the company’s strategy to grow through acquisitions and organic growth, further solidifying its market position in Belgium as it supports the sustainable urban development goals of the EU.

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 Expands Expertise with Fimpec Acquisition

Sweco AB has announced its acquisition of Fimpec Group, a Finnish consulting and project management company specializing in the green transition of energy and industry sectors. This acquisition, pending approval by the Finnish Competition and Consumer Authority, will add around 400 experts to Sweco’s team, enhancing its capabilities in renewable energy, hydrogen, bio- and circular economy, and critical minerals. The move aligns with Sweco’s strategy to grow its business by integrating complementary skills and strengthens its position in emerging high-growth sectors, supporting complex investment projects in the battery value chain, critical minerals, and industrial decarbonization.

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.