Vestum AB (SE:VESTUM)
:VESTUM
Top Page
Vestum AB
(VESTUM)
Select Model
Select Model
Rating:51Neutral
Price Target:
kr8.50
▲(0.71% Upside)
Action:ReiteratedDate:02/18/26
The score is held back primarily by weak financial performance driven by revenue decline and ongoing losses, partially offset by positive free cash flow and manageable leverage. Technicals are supportive with price above key moving averages and positive MACD, but elevated RSI signals stretched momentum. Valuation also weighs on the score because earnings are negative (P/E below zero) and no dividend yield data is available.
Positive Factors
Acquisition-driven portfolio model
Vestum’s buy-and-develop model creates a diversified portfolio of specialized infrastructure businesses. This structure spreads operational risk across niches, enables scale benefits at subsidiary level, and provides repeatable value‑creation levers (M&A, operational improvement) over multiple years.
Negative Factors
Multi-year revenue contraction
Persistent top‑line decline erodes scale benefits and weakens the economics of the portfolio approach. Falling revenue reduces bargaining power, spreads fixed costs over a smaller base, impairs acquisition synergies and constrains long‑term margin recovery even with cost gains.
Read all positive and negative factors
Positive Factors
Negative Factors
Acquisition-driven portfolio model
Vestum’s buy-and-develop model creates a diversified portfolio of specialized infrastructure businesses. This structure spreads operational risk across niches, enables scale benefits at subsidiary level, and provides repeatable value‑creation levers (M&A, operational improvement) over multiple years.
Read all positive factors
Vestum AB (VESTUM) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr3.56B
Dividend YieldN/A
Average Volume (3M)361.44K
Price to Earnings (P/E)―
Beta (1Y)0.75
Revenue Growth-27.41%
EPS Growth49.11%
CountrySE
Employees1,338
SectorIndustrials
Sector Strength72
IndustryEngineering & Construction
Share Statistics
EPS (TTM)-0.25
Shares Outstanding375,809,480
10 Day Avg. Volume274,035
30 Day Avg. Volume361,435
Financial Highlights & Ratios
PEG Ratio0.38
Price to Book (P/B)0.94
Price to Sales (P/S)0.88
P/FCF Ratio14.43
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.59
Revenue Forecast (FY)kr4.13B
Vestum AB Business Overview & Revenue Model
Company Description
Vestum AB (publ) engages in the clothes manufacturing and sale, construction, and infrastructure businesses in Sweden. The company designs, markets, and sells clothes and accessories, including urban functional garments in the premium streetwear s...
How the Company Makes Money
Vestum makes money primarily through revenue and operating profit generated by its portfolio of subsidiaries. These subsidiaries sell infrastructure-related products and services (e.g., work connected to construction, installation, and maintenance...
Vestum AB Financial Statement Overview
Summary
Income Statement
42
Neutral
Balance Sheet
58
Neutral
Cash Flow
63
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.78B | 4.42B | 5.76B | 6.93B | 1.05B |
| Gross Profit | 1.97B | 2.16B | 2.69B | 3.17B | 654.00M |
| EBITDA | 556.00M | 674.00M | 836.00M | 773.00M | 165.00M |
| Net Income | -137.00M | -374.00M | -374.00M | 141.00M | 3.00M |
Balance Sheet | |||||
| Total Assets | 6.76B | 7.63B | 8.38B | 9.95B | 8.32B |
| Cash, Cash Equivalents and Short-Term Investments | 177.00M | 174.00M | 345.00M | 608.00M | 1.52B |
| Total Debt | 2.09B | 2.14B | 2.45B | 3.38B | 3.00B |
| Total Liabilities | 3.18B | 3.70B | 4.32B | 5.57B | 4.72B |
| Stockholders Equity | 3.56B | 3.91B | 4.05B | 4.37B | 3.59B |
Cash Flow | |||||
| Free Cash Flow | 231.00M | 333.00M | 566.00M | 361.00M | -85.00M |
| Operating Cash Flow | 314.00M | 377.00M | 634.00M | 421.00M | -10.00M |
| Investing Cash Flow | -143.00M | -275.00M | -32.00M | -1.27B | -2.58B |
| Financing Cash Flow | -152.00M | -416.00M | -860.00M | -48.00M | 3.78B |
Vestum AB Technical Analysis
Positive
8.44
Price Trends
8.91
Positive
8.69
Positive
8.89
Positive
Market Momentum
0.08
Negative
59.78
Neutral
88.95
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:VESTUM, the sentiment is Positive. The current price of 8.44 is below the 20-day moving average (MA) of 9.00, below the 50-day MA of 8.91, and below the 200-day MA of 8.89, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 59.78 is Neutral, neither overbought nor oversold. The STOCH value of 88.95 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:VESTUM.
Vestum AB Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | kr1.93B | 14.95 | ― | 1.24% | 4.25% | 127.31% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
51 Neutral | kr3.56B | -24.33 | -3.72% | ― | -27.41% | 49.11% | |
50 Neutral | kr649.65M | 28.32 | 2.34% | ― | 4.24% | 29.69% | |
48 Neutral | kr1.34B | 58.96 | 0.72% | ― | -6.38% | ― | |
46 Neutral | kr1.78B | -14.32 | ― | ― | 8.40% | -101.19% | |
43 Neutral | kr304.98M | -0.77 | -73.61% | ― | -0.02% | -50.72% |
* Industrials Sector Average
SE:VESTUM
Vestum AB
9.46
0.42
4.65%
SE:ELTEL
Eltel AB
8.56
2.04
31.29%
SE:NORB.B
Nordisk Bergteknik AB Class B
11.35
0.85
8.10%
SE:WBGR.B
Wastbygg Gruppen AB Class B
1.50
-2.71
-64.42%
SE:FG
Fasadgruppen Group AB
20.35
5.94
41.24%
SE:BYGGP
ByggPartner Gruppen AB
42.60
25.51
149.27%
Vestum AB Corporate Events
Vestum Bolsters UK Flow Technology Business With PJT and CCL Acquisitions
Mar 24, 2026
Vestum has expanded its UK footprint by acquiring PJT Pumping Services and Cheltenham Controls through its subsidiary Pump Supplies, folding both into its separated Flow Technology business. PJT provides end-to-end pumping, drainage and water infr...
Vestum Calls 2026 AGM, Offers Flexible Voting Options for Shareholders
Mar 18, 2026
Vestum AB has called its 2026 annual general meeting for 29 April at the company’s premises in central Stockholm, giving shareholders the option to participate in person, by proxy or via postal voting. The meeting will address standard AGM m...
Vestum Tightens Portfolio as 2025 Profitability Holds Up Amid Lower Sales
Feb 12, 2026
Vestum reported weaker full-year 2025 sales and earnings but improved profitability metrics in the final quarter, as adjusted EBITA margin rose to 10.8% in Q4 despite net sales declining to SEK 975 million. For the full year, net sales fell to SEK...
Vestum to Split Flow Technology Operations and Streamline Swedish Core Business
Feb 11, 2026
Vestum AB is restructuring its operations by splitting parts of its Flow Technology segment into a separate water infrastructure-focused group and retaining a core Swedish industry and infrastructure business, reflecting two distinct business logi...
Vestum Nomination Committee Backs Board and Auditor Re-elections Ahead of 2026 AGM
Feb 4, 2026
Vestum’s Nomination Committee is proposing the re-election of current board members Per Åhlgren, Johan Heijbel, Anders Rosenqvist and Caroline Atelius, along with the re-election of Conny Ryk as chairman of the board, in a move that sig...
Vestum to Present 2025 Year-End Results via Webcast and Teleconference
Jan 29, 2026
Vestum AB will publish its year-end report for 2025 on 12 February 2026 at 07:00 CET and will host an English-language webcast and teleconference later that morning, where CEO Simon Göthberg and CFO Olof Andersson will present the results and...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.