Waystream Group AB (SE:WAYS)
:WAYS
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Waystream Group AB
(WAYS)
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Rating:62Neutral
Price Target:
kr42.00
▲(6.06% Upside)
Action:ReiteratedDate:04/18/26
The score is primarily supported by improved profitability, a conservatively levered balance sheet, and strong recent operating/free cash flow. Offsetting this, technical indicators point to weaker near-term momentum and valuation looks rich (P/E ~32) with no dividend yield provided, keeping the overall score in the low 60s.
Positive Factors
Strong cash generation
Sustained positive operating and free cash flow over the trailing twelve months provides durable internal funding for working capital, modest R&D and customer support. This reduces reliance on external financing through telecom capex cycles and supports reinvestment or opportunistic spending.
Negative Factors
Choppy revenue trends
Irregular top-line performance tied to lumpy operator and municipal procurement reduces visibility and planning horizon. Persistent revenue volatility constrains capacity to scale fixed-cost investments, complicates long-term customer expansion strategies, and raises execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation
Sustained positive operating and free cash flow over the trailing twelve months provides durable internal funding for working capital, modest R&D and customer support. This reduces reliance on external financing through telecom capex cycles and supports reinvestment or opportunistic spending.
Read all positive factors
Waystream Group AB (WAYS) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr332.99M
Dividend YieldN/A
Average Volume (3M)8.07K
Price to Earnings (P/E)―
Beta (1Y)0.20
Revenue Growth12.10%
EPS GrowthN/A
CountrySE
Employees19
SectorTechnology
Sector Strength88
IndustryCommunication Equipment
Share Statistics
EPS (TTM)0.00
Shares Outstanding8,304,063
10 Day Avg. Volume7,621
30 Day Avg. Volume8,071
Financial Highlights & Ratios
PEG Ratio-0.17
Price to Book (P/B)4.49
Price to Sales (P/S)2.41
P/FCF Ratio0.00
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)1.69
Revenue Forecast (FY)kr149.15M
Waystream Group AB Business Overview & Revenue Model
Company Description
Waystream Holding AB (publ) provides routers and switches that are used in the field of high-speed broadband service networks in Sweden. The company offers ASR 8000, MS 8000, and MS 7000, a hybrid architecture access switches for Internet, TV, who...
How the Company Makes Money
Waystream makes money primarily by selling networking hardware used in telecom access networks—most notably Ethernet access switches—along with related network solutions delivered to customers such as telecom operators, municipalities, and other n...
Waystream Group AB Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
80
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 131.54M | 136.87M | 115.15M | 100.31M | 140.34M | 91.60M |
| Gross Profit | 44.06M | 15.76M | 53.75M | 62.83M | 87.34M | 65.43M |
| EBITDA | 18.30M | 24.16M | -5.76M | 1.39M | 27.47M | 20.18M |
| Net Income | 6.10M | 10.30M | -11.79M | -4.81M | 20.56M | 14.77M |
Balance Sheet | ||||||
| Total Assets | 142.83M | 147.15M | 113.25M | 128.59M | 127.18M | 78.40M |
| Cash, Cash Equivalents and Short-Term Investments | 36.57M | 21.30M | 5.07M | 2.80M | 27.21M | 26.24M |
| Total Debt | 3.60M | 1.00K | 11.17M | 12.84M | 2.01M | 1.99M |
| Total Liabilities | 66.99M | 73.68M | 56.26M | 62.04M | 51.78M | 24.05M |
| Stockholders Equity | 75.84M | 73.47M | 56.98M | 66.56M | 75.40M | 54.35M |
Cash Flow | ||||||
| Free Cash Flow | 24.52M | 0.00 | 3.91M | -29.02M | 978.00K | 17.62M |
| Operating Cash Flow | 35.73M | 37.64M | 15.09M | -17.99M | 10.10M | 27.00M |
| Investing Cash Flow | -14.94M | -15.54M | -11.18M | -11.02M | -9.12M | -9.39M |
| Financing Cash Flow | -1.06M | -5.92M | -1.67M | 4.78M | -52.00K | 740.00K |
Waystream Group AB Technical Analysis
Negative
39.60
Price Trends
40.97
Negative
39.23
Positive
38.17
Positive
Market Momentum
-0.26
Positive
41.89
Neutral
52.53
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:WAYS, the sentiment is Negative. The current price of 39.6 is below the 20-day moving average (MA) of 42.06, below the 50-day MA of 40.97, and above the 200-day MA of 38.17, indicating a neutral trend. The MACD of -0.26 indicates Positive momentum. The RSI at 41.89 is Neutral, neither overbought nor oversold. The STOCH value of 52.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:WAYS.
Waystream Group AB Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | kr452.61M | 21.07 | 8.82% | ― | 17.19% | 17455.22% | |
62 Neutral | kr332.99M | -519.64 | ― | ― | 12.10% | ― | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
57 Neutral | kr857.89M | -4.24 | ― | ― | -6.71% | -128.86% | |
49 Neutral | kr249.47M | -8.81 | -5.81% | ― | -8.58% | -159.42% | |
44 Neutral | kr91.89M | -2.29 | -24.59% | ― | -35.50% | -60.85% |
* Technology Sector Average
SE:WAYS
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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.