Sweco AB (SWEC.B) AI Stock Analysis

• Market Cap: kr59.02B
• Dividend Yield: 2%
• Average Volume (3M): 183.73K
• Price to Earnings (P/E): 27.6
• Beta (1Y): 0.90
• Revenue Growth: 6.59%
• EPS Growth: 34.58%
• Country: SE
• Employees: 21,022
• Sector: Industrials
• Sector Strength: 90
• Industry: Engineering & Construction
• EPS (TTM): 1.79
• Shares Outstanding: 332,200,320
• 10 Day Avg. Volume: 167,418
• 30 Day Avg. Volume: 183,731
• PEG Ratio: 2.11
• Price to Book (P/B): 3.60
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 16.31
• 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: kr212.00
• Price Target Upside: 30.14% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 75 Outperform
• Price Target: kr191.00 ▲(17.25%Upside)

Sweco AB's strong financial performance is the most significant factor contributing to its overall score, reflecting the company's robust operational efficiency and profitability. Technical analysis suggests a cautious outlook due to mixed signals, while valuation metrics indicate a potential overvaluation, slightly offsetting the financial strengths.

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 and engineering services. The company earns money by delivering projects and solutions that address complex challenges in infrastructure, energy, water, and urban development. Revenue streams include fees for advisory services, project management, design and engineering work, and sustainability consulting. Sweco collaborates with clients in both the public and private sectors, leveraging its expertise to execute projects that range from transportation infrastructure to energy-efficient building designs. Significant factors contributing to their earnings include long-term contracts, repeat business, and strategic partnerships with various governmental and private entities, which enhance their market presence and project portfolio.

Sweco AB Financial Statement Overview

Summary

Sweco AB demonstrates strong financial performance with consistent revenue growth, solid profitability margins, and efficient cash flow management. The company's stable balance sheet with manageable leverage further underpins its robust financial health.

Income Statement

Sweco AB demonstrates strong revenue growth with a TTM (Trailing-Twelve-Months) revenue of 31.02 billion, reflecting a 1.13% increase from the previous annual period. The gross profit margin stands at 39.23%, highlighting effective cost management. Net profit margin is robust at 6.95%, indicating solid profitability. EBIT margin at 10.07% and EBITDA margin at 14.09% further underscore strong operational efficiency. Overall, the company exhibits a healthy financial trajectory with consistent growth and profitability.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.48, indicating manageable leverage. Return on equity (ROE) is strong at 17.85%, showcasing effective utilization of equity capital. The equity ratio stands at 44.11%, suggesting a balanced asset structure. While the company maintains a solid equity base, continued monitoring of debt levels is advisable to ensure long-term financial stability.

Cash Flow

Sweco AB shows a healthy cash flow position with a free cash flow of 3.56 billion in the TTM, reflecting a slight decrease of 3.53% from the previous year. The operating cash flow to net income ratio is 1.83, indicating strong cash generation relative to earnings. The free cash flow to net income ratio of 1.65 confirms the company's ability to convert earnings into cash effectively. Overall, the company maintains a strong cash flow foundation, supporting its operational and investment needs.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
31.02B	30.68B	28.52B	24.30B	21.79B	20.86B
	Gross Profit
12.18B	10.44B	2.42B	2.18B	1.99B	1.76B
	EBIT
3.12B	3.02B	2.42B	2.25B	1.97B	1.71B
	EBITDA
4.56B	4.45B	3.77B	3.37B	3.08B	2.78B
	Net Income Common Stockholders
2.16B	2.07B	1.67B	1.65B	1.49B	1.29B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
734.00M	1.65B	1.10B	850.00M	896.00M	2.09B
	Total Assets
27.39B	28.30B	25.51B	21.92B	19.66B	19.95B
	Total Debt
5.76B	6.78B	6.64B	4.44B	4.42B	5.87B
	Net Debt
5.03B	5.12B	5.54B	3.59B	3.52B	3.78B
	Total Liabilities
15.30B	16.37B	14.92B	11.97B	11.05B	12.39B
	Stockholders Equity
12.08B	11.92B	10.59B	9.94B	8.59B	7.55B
Cash Flow		Free Cash Flow
3.56B	3.69B	2.15B	2.19B	1.96B	3.02B
	Operating Cash Flow
3.95B	4.06B	2.50B	2.52B	2.20B	3.25B
	Investing Cash Flow
-548.00M	-549.00M	-2.04B	-907.00M	-578.00M	-746.00M
	Financing Cash Flow
-3.42B	-2.94B	-203.00M	-1.69B	-2.84B	-1.06B

Sweco AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 162.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• 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 Negative. The current price of 162.9 is below the 20-day moving average (MA) of 167.66, below the 50-day MA of 169.00, and below the 200-day MA of 170.13, indicating a bearish trend. The MACD of -2.00 indicates Positive momentum. The RSI at 38.01 is Neutral, neither overbought nor oversold. The STOCH value of 24.61 is Neutral, 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	80 Outperform	kr96.09B	15.49	10.49%	3.43%	9.67%	26.69%
SWEC.B	75 Outperform	kr59.02B	27.55	18.38%	2.00%	6.59%	34.58%
SYSR	74 Outperform	kr18.28B	26.86	11.86%	1.33%	0.42%	-29.62%
PEAB.B	74 Outperform	kr23.79B	11.23	13.64%	3.72%	0.98%	5.01%
NCC.B	67 Neutral	kr17.02B	12.24	19.89%	4.46%	9.10%	15.11%
Sector *	66 Neutral	$4.52B	12.34	5.41%	3.62%	4.15%	-12.18%
LIAB	65 Neutral	kr15.84B	46.44	4.65%	2.65%	2.71%	-56.45%

Sweco AB Corporate Events

Sweco Converts EUR 400 Million Credit Facility to Sustainability-Linked Loan

Sweco has converted its refinanced EUR 400 million revolving credit facility into a sustainability-linked loan, aligning it with the company’s sustainability targets. The facility, intended for general corporate purposes and acquisitions, ties Sweco’s interest expenses to key performance indicators related to climate impact and workforce environment, including significant GHG emission reductions and gender equality goals. This move underscores Sweco’s commitment to integrating sustainability into its operations and reflects confidence from its banking partners.

The most recent analyst rating on ($SE:SWEC.B) stock is a Buy with a SEK169.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.

Sweco Secures Major Contract for Munich S-Bahn Expansion

Sweco has secured a multi-year contract with Deutsche Bahn to lead technical efforts in the expansion of Munich’s S-Bahn rail system. This project aims to double the system’s capacity and efficiency by adding a second line, constructing a new tunnel, and upgrading stations, which will significantly enhance connectivity and support sustainable urban growth in the region.

The most recent analyst rating on ($SE:SWEC.B) stock is a Buy with a SEK169.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.

Sweco Expands Smart Building Expertise with Dutch Acquisition

Sweco has acquired Brain of buildings, a Dutch engineering company specializing in smart building technologies, to enhance its capabilities in security and smart building solutions. This acquisition, which adds 30 consultants to Sweco’s Netherlands team, aligns with Sweco’s strategy to expand its market position and meet growing demand for integrated technology solutions in the Netherlands’ evolving built environment.

The most recent analyst rating on ($SE:SWEC.B) stock is a Buy with a SEK212.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.

Sweco Sverige Announces Cash Offer for Projektengagemang Shares

Sweco Sverige AB, a subsidiary of Sweco AB, has announced a cash offer to acquire all shares of Projektengagemang Sweden AB for SEK 15 per share. This strategic move, approved by the Swedish Financial Supervisory Authority, is expected to enhance Sweco’s market position and expand its service offerings, with the acceptance period running from June 5 to July 11, 2025.

The most recent analyst rating on ($SE:SWEC.B) stock is a Buy with a SEK169.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.

Sweco Sverige Announces Acquisition Offer for Projektengagemang

Sweco Sverige AB, a subsidiary of Sweco AB, has announced a recommended cash offer to acquire all shares of Projektengagemang Sweden AB at SEK 15 per share. This offer represents a significant premium over recent trading prices and has been supported by major shareholders and the company’s board. The acquisition aligns with Sweco’s growth strategy to strengthen its competitiveness and expand its market presence in Sweden, particularly in architecture and community development.

The most recent analyst rating on ($SE:SWEC.B) stock is a Buy with a SEK169.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.

Sweco Expands Dutch Presence with Juust B.V. Acquisition

Sweco has acquired Juust B.V., a Dutch civil engineering consultancy, to enhance its capabilities in urban planning, mobility, and infrastructure in the Netherlands. This acquisition aligns with Sweco’s strategy to expand its market position and complements recent acquisitions in sustainability and environmental consultancy.