Vestum AB (VESTUM) AI Stock Analysis

• Market Cap: kr3.74B
• Dividend Yield: N/A
• Average Volume (3M): 190.51K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.17
• Revenue Growth: -25.66%
• EPS Growth: 62.75%
• Country: SE
• Employees: 1,338
• Sector: Industrials
• Sector Strength: 94
• Industry: Engineering & Construction
• EPS (TTM): -0.06
• Shares Outstanding: 375,809,480
• 10 Day Avg. Volume: 204,710
• 30 Day Avg. Volume: 190,510
• PEG Ratio: -0.66
• Price to Book (P/B): 0.94
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 14.57
• 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: kr12.52
• Price Target Upside: 19.94% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 59 Neutral
• Price Target: kr10.50 ▲(0.57%Upside)

Vestum AB's overall stock score is mainly influenced by mixed financial performance, with stable operational margins but significant net losses and declining revenue growth. Technical analysis indicates mixed signals with potential downward pressure. Valuation is unattractive due to negative P/E ratio and lack of dividend yield.

Vestum AB Business Overview & Revenue Model

Company Description

Vestum AB (VESTUM) is a Swedish acquisition-driven company that focuses on the construction services and infrastructure sectors. The company aims to create value through strategic acquisitions and development of businesses within specialized areas such as construction, infrastructure, and utility services. By integrating and optimizing its acquired entities, Vestum seeks to enhance operational efficiencies and expand its market presence.

How the Company Makes Money

Vestum AB makes money primarily through the acquisition and integration of companies within the construction and infrastructure sectors. By purchasing businesses that complement its existing operations, Vestum can leverage synergies to enhance productivity and reduce costs, thereby increasing profitability. The company's revenue streams are diversified across its portfolio of acquired companies, which provide various services such as construction, maintenance, and utility services. Significant partnerships and a strategic focus on sectors with stable demand further contribute to Vestum's earnings.

Vestum AB Financial Statement Overview

Summary

Vestum AB's financial performance is mixed. Operational margins show some efficiency, but net losses and declining revenue growth are major concerns. The balance sheet is stable with a strong equity position, although negative ROE indicates profitability issues. Cash flow generation is relatively stable, yet net losses threaten long-term viability.

Income Statement

Vestum AB shows a challenging revenue growth trajectory, with a decline in Total Revenue from 2022 to 2023. The TTM Gross Profit Margin stands at 36.21%, indicating decent profitability in core operations. However, the Net Profit Margin is negative at -2.13%, reflecting ongoing net losses. EBIT and EBITDA margins are 4.28% and 14.21% respectively, showing operational profitability but insufficient to overcome overall losses.

Balance Sheet

The balance sheet reveals a moderate Debt-to-Equity ratio of 0.42, suggesting manageable leverage. Despite this, Return on Equity is negative due to net losses, which is a concern. The Equity Ratio is strong at 58.28%, indicating a solid equity base relative to total assets, enhancing financial stability.

Cash Flow

Cash flow analysis shows a positive Free Cash Flow of SEK 246 million in the TTM, although down from the previous year. The Operating Cash Flow to Net Income Ratio is negative, highlighting cash flow adequacy challenges relative to net losses. However, the Free Cash Flow to Net Income Ratio is positive, indicating some ability to generate cash despite net losses.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.42B	5.76B	6.93B	1.05B	21.49M
Gross Profit	2.16B	2.69B	3.17B	654.00M	6.76M
EBITDA	674.00M	632.00M	773.00M	165.00M	1.00M
Net Income	-374.00M	-374.00M	141.00M	3.00M	-20.76M
Balance Sheet
Total Assets	7.63B	8.38B	9.95B	8.32B	26.36M
Cash, Cash Equivalents and Short-Term Investments	174.00M	345.00M	608.00M	1.52B	2.45M
Total Debt	2.14B	2.45B	3.38B	3.00B	16.67M
Total Liabilities	3.70B	4.32B	5.57B	4.72B	35.00M
Stockholders Equity	3.91B	4.05B	4.37B	3.59B	-8.64M
Cash Flow
Free Cash Flow	333.00M	566.00M	361.00M	-85.00M	-19.12M
Operating Cash Flow	377.00M	634.00M	421.00M	-10.00M	-17.12M
Investing Cash Flow	-275.00M	-32.00M	-1.27B	-2.58B	26.00K
Financing Cash Flow	-416.00M	-860.00M	-48.00M	3.78B	17.07M

Vestum AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10.44
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: 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 10.44 is above the 20-day moving average (MA) of 9.96, above the 50-day MA of 10.13, and above the 200-day MA of 10.35, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 60.08 is Neutral, neither overbought nor oversold. The STOCH value of 91.38 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INSTAL	69 Neutral	€7.31B	26.22	8.65%	2.50%	-3.99%	-49.97%
NORB.B	68 Neutral	kr698.30M	33.25	1.69%	―	0.45%	109.30%
Sector *	63 Neutral	kr60.91B	12.40	1.88%	2.37%	0.13%	-4.39%
BMAX	63 Neutral	€3.55B	23.07	6.68%	1.24%	4.40%	7603.52%
VESTUM	59 Neutral	kr3.74B	―	-1.10%	―	-25.66%	62.75%
ELTEL	59 Neutral	kr1.65B	―	-1.65%	―	-6.41%	90.48%
WBGR.B	54 Neutral	kr682.56M	―	-25.47%	―	13.21%	28.88%

Vestum AB Corporate Events

Vestum AB Reports Stable Growth Amid Strategic Acquisitions

Vestum AB’s interim report for January to June 2025 highlights a period of organic growth and stable cash flow despite a slight decline in net sales and operating profit compared to the previous year. The company completed significant divestments and acquisitions, including the purchase of Nortech Management Holding Limited, which are expected to impact its future operations and market positioning.

The most recent analyst rating on (SE:VESTUM) stock is a Buy with a SEK12.50 price target. To see the full list of analyst forecasts on Vestum AB stock, see the SE:VESTUM Stock Forecast page.

Vestum AB to Release Q2 2025 Interim Report and Host Webcast

Vestum AB announced it will release its interim report for the second quarter of 2025 on July 14, followed by a webcast conference call where the CEO and CFO will present the report and answer questions. This presentation is part of Vestum’s ongoing efforts to maintain transparency with stakeholders and provide insights into its financial performance and strategic direction.

The most recent analyst rating on (SE:VESTUM) stock is a Buy with a SEK12.50 price target. To see the full list of analyst forecasts on Vestum AB stock, see the SE:VESTUM Stock Forecast page.

Vestum AB Annual General Meeting: Key Resolutions and Strategic Authorizations

Vestum AB, during its annual general meeting, adopted the financial statements for 2024 and made key decisions regarding its board and auditor appointments. The meeting also authorized the board to issue shares and manage treasury shares to support the company’s capital needs and future acquisitions. Additionally, an incentive program was established to issue warrants to select employees, aimed at aligning their interests with the company’s growth objectives.