Systemair AB (SYSR) AI Stock Analysis

• Market Cap: €17.04B
• Dividend Yield: 1.66%
• Average Volume (3M): 162.74K
• Price to Earnings (P/E): 25.7
• Beta (1Y): 0.89
• Revenue Growth: 0.74%
• EPS Growth: 8.11%
• Country: SE
• Employees: 6,638
• Sector: Industrials
• Sector Strength: 73
• Industry: Construction
• EPS (TTM): 0.92
• Shares Outstanding: 208,000,000
• 10 Day Avg. Volume: 292,621
• 30 Day Avg. Volume: 162,736
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: €102.36
• Price Target Upside: 25.59% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 74 Outperform
• Price Target: ―

Systemair AB achieves a solid overall stock score, driven by strong financial performance with sound balance sheet management and cash flow generation. The positive technical analysis indicates momentum, though caution is warranted due to high valuation and overbought indicators. The absence of earnings call and corporate events data does not detract from the company's stable financial foundation and positive market trends.

Positive Factors

Acquisitions

Systemair has announced the acquisition of NADI Airtechnics Ltd., an Indian manufacturer of engineered industrial fans, strengthening its industrial capabilities and securing a strong foothold in the fast-growing Indian market.

Earnings

Gross margin improved to 36.4% due to restructuring and favorable product mix.

Leadership

The appointment of Robert Larsson as the new President and CEO is viewed as a strategically sound succession move, introducing fresh industrial expertise at a time when Systemair is well-positioned to accelerate its international expansion.

Negative Factors

Financial Performance

Operating profit was affected by one-off costs related to a capital loss and CEO transition.

Regional Performance

North America declined due to a weaker US market.

Sales Forecast

Sales forecasts are revised down by 5-6%.

Systemair AB Business Overview & Revenue Model

Company Description

Systemair AB (publ), a ventilation company, engages in the manufacture and sale of ventilation products in Europe, the United States, the Middle East, Asia, Australia, Africa, and internationally. The company offers heating products, including convectors, controls, ceiling fans, air curtains, radiant and fan heaters; fans and accessories, such as circular and rectangular inline duct, roof, axial, explosion proof, domestic, smoke extract, and other fans, as well as electrical accessories for ventilation and fans for aggressive media; and residential systems comprising residential fans, counter flow and rotary units, vacuum systems, heat pumps, vacuum pumps, ducts, cooker hoods, filters, valves and grilles, and accessories for residential systems. It also provides fire safety products that include fire and smoke control dampers; air distribution products consisting of grilles, air volume controls, diffusers, and external louvers; air handling units, including compact and modular AHUs, roof ventilation units, and compact and modular AHU accessories; and air conditioning systems, such as hydronic and DX systems. The company's products are used in homes, offices, factories, hospitals, swimming pools, multi-storey car parks, and airports, as well as data centers, schools and public buildings, and marine, and oil and gas industries. It sells its products to ventilation contractors and distributors under the Systemair, Frico, Fantech, and Menerga brand names. Systemair AB (publ) was incorporated in 1972 and is headquartered in Skinnskatteberg, Sweden.

How the Company Makes Money

Systemair AB generates revenue primarily through the sale of its extensive range of ventilation products and systems. The company's revenue model focuses on direct sales to various sectors, including residential, commercial, and industrial markets. Systemair leverages its global manufacturing and distribution network to reach customers worldwide, ensuring timely delivery and localized support. Key revenue streams include the sale of fans, air handling units, and air distribution products, which are essential components in HVAC systems. Additionally, Systemair benefits from strategic partnerships and collaborations with construction companies and HVAC contractors, which enhance its market presence and drive sales. The company's commitment to innovation and energy-efficient solutions also positions it advantageously in regions with stringent environmental regulations, further supporting its financial performance.

Systemair AB Financial Statement Overview

Summary

Systemair AB exhibits strong financial health across income, balance sheet, and cash flow statements. The company shows stable growth, profitability, and efficient operations. The reduction of debt and robust equity position decrease financial risk, while consistent cash flow generation supports sustainable growth. Continued vigilance on cash flow management will be key to maintaining financial stability.

Income Statement

Systemair AB has demonstrated consistent revenue growth, with a notable increase from the previous year, indicating strong market demand and operational efficiency. The Gross Profit Margin is healthy, reflecting effective cost management, and the Net Profit Margin shows profitability. The company maintains a stable EBIT and EBITDA margin, suggesting operational stability and efficiency in core operations.

Balance Sheet

The company's balance sheet is robust with a strong Equity Ratio, indicating a solid capital structure and financial health. The absence of debt in the latest period improves the Debt-to-Equity Ratio significantly, reducing financial risk. The Return on Equity is commendable, showcasing efficient use of shareholders' equity to generate profits.

Cash Flow

Systemair AB has shown positive Free Cash Flow growth, and the Operating Cash Flow to Net Income Ratio is strong, indicating efficient cash generation relative to earnings. The Free Cash Flow to Net Income Ratio is also favorable, reinforcing the company's ability to generate cash from operations. However, fluctuations in operating cash flow warrant careful monitoring.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	12.30B	12.30B	12.26B	12.06B	9.63B	8.52B
Gross Profit	4.46B	4.46B	4.21B	4.11B	3.32B	2.96B
EBITDA	1.34B	1.48B	1.38B	1.79B	1.14B	945.80M
Net Income	680.30M	680.70M	645.60M	1.04B	543.90M	406.20M
Balance Sheet
Total Assets	9.37B	9.37B	9.79B	9.63B	8.47B	6.96B
Cash, Cash Equivalents and Short-Term Investments	421.00M	426.00M	419.30M	343.80M	339.30M	321.70M
Total Debt	1.29B	1.29B	1.46B	1.84B	2.38B	1.79B
Total Liabilities	3.61B	3.61B	4.14B	4.36B	4.62B	3.63B
Stockholders Equity	5.76B	5.76B	5.65B	5.27B	3.82B	3.31B
Cash Flow
Free Cash Flow	799.10M	0.00	922.00M	225.20M	-107.50M	551.50M
Operating Cash Flow	1.18B	1.18B	1.33B	587.70M	235.20M	993.90M
Investing Cash Flow	-503.00M	-473.70M	-389.70M	318.60M	-515.90M	-448.30M
Financing Cash Flow	-584.50M	-614.20M	-898.10M	-959.50M	274.90M	-557.20M

Systemair AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 81.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SYSR, the sentiment is Negative. The current price of 81.5 is below the 20-day moving average (MA) of 90.83, below the 50-day MA of 91.40, and below the 200-day MA of 85.78, indicating a bearish trend. The MACD of -2.80 indicates Positive momentum. The RSI at 25.98 is Positive, neither overbought nor oversold. The STOCH value of 4.83 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:SYSR.

Systemair AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SYSR	74 Outperform	€17.04B	25.69	11.31%	1.66%	0.74%	8.11%
Sector *	64 Neutral	$10.75B	15.57	7.24%	2.01%	2.80%	-14.32%
0MWK	―	kr15.61B	51.58	4.25%	―	―	―
0RH0	―	kr76.93B	28.66	9.09%	―	―	―
4IIA	―	€599.74M	22.62	8.65%	―	―	―
2GP	―	€1.53B	22.94	9.98%	―	―	―
BRAV	62 Neutral	kr18.47B	16.57		4.16%	-3.75%	1.20%

Systemair AB Corporate Events

Systemair to Release Q4 2024/25 Interim Report on June 5

Systemair AB announced that it will release its Interim Report for the fourth quarter of the financial year 2024/25 on June 5, 2025. The report will be presented by CEO Roland Kasper and CFO Anders Ulff, with opportunities for press and analysts to engage in a webcast and teleconference. This announcement is significant for stakeholders as it provides insights into Systemair’s financial performance and strategic direction, potentially impacting its market positioning.

The most recent analyst rating on (SE:SYSR) stock is a Buy with a SEK95.00 price target. To see the full list of analyst forecasts on Systemair AB stock, see the SE:SYSR Stock Forecast page.