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Cabka N.V. (NL:CABKA)
:CABKA
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Cabka N.V. (CABKA) AI Stock Analysis

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NL:CABKA

Cabka N.V.

(CABKA)

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Neutral 47 (OpenAI - 5.2)
Rating:47Neutral
Price Target:
€2.00
▲(0.50% Upside)
Action:Reiterated
Date:08/06/26
The score is held back primarily by weakening financial performance, including multi-year revenue declines and widening operating losses in 2024–2025. Technical indicators are broadly neutral with only mild short-term weakness, providing limited support. Valuation remains unattractive/unclear due to negative earnings (negative P/E) and no provided dividend yield.
Positive Factors
Sustainable reusable packaging
Cabka's core business is producing reusable load carriers from recycled plastics. This aligns with long-term structural trends toward circular-economy solutions and corporate sustainability targets, supporting durable demand from customers seeking lower lifecycle cost and regulatory compliance.
Negative Factors
Multi-year revenue decline
Sustained top-line contraction over multiple years signals weakening demand, lost share, or pricing pressure. Continued revenue decline reduces economies of scale, strains margin recovery, and makes it harder to cover fixed costs, lengthening the timeline to restore consistent profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustainable reusable packaging
Cabka's core business is producing reusable load carriers from recycled plastics. This aligns with long-term structural trends toward circular-economy solutions and corporate sustainability targets, supporting durable demand from customers seeking lower lifecycle cost and regulatory compliance.
Read all positive factors

Cabka N.V. (CABKA) vs. iShares MSCI Netherlands ETF (EWN)

Cabka N.V. Business Overview & Revenue Model

Company Description
Cabka N.V. is a manufacturer and distributor specializing in pallets and containers, which are distinctively crafted from recycled plastic materials. The company's operations span both European and North American markets, where it supplies its sus...
How the Company Makes Money
Cabka primarily makes money by selling reusable transport packaging products to business customers. Its core revenue stream is the manufacture and sale of plastic load carriers—especially pallets—along with related reusable logistics items (e.g., ...

Cabka N.V. Financial Statement Overview

Summary
Income statement weakness is the main drag: revenue has declined for three straight years (2023–2025) and the company shifted from operating profit in 2023 to operating losses in 2024 and deeper losses in 2025. Offsets include a more manageable balance sheet (debt-to-equity improved from 2024 to 2025) and positive operating cash flow in 2023–2025, but free cash flow has been volatile and only turned positive in 2025.
Income Statement
33
Negative
Balance Sheet
56
Neutral
Cash Flow
49
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue185.50M180.00M181.87M196.89M208.89M170.64M
Gross Profit30.80M25.00M90.62M87.13M26.28M84.85M
EBITDA20.70M18.05M19.26M20.10M-13.89M24.36M
Net Income-1.50M-7.40M-9.36M-1.54M-29.82M412.00K
Balance Sheet
Total Assets153.30M154.50M173.52M181.39M189.11M141.10M
Cash, Cash Equivalents and Short-Term Investments1.50M3.10M4.39M7.29M21.04M9.98M
Total Debt64.50M66.00M76.15M62.95M64.47M72.41M
Total Liabilities101.80M103.90M116.78M110.65M116.39M102.48M
Stockholders Equity51.50M50.70M56.74M70.74M72.73M33.57M
Cash Flow
Free Cash Flow8.40M2.60M-2.29M-3.71M-19.34M2.97M
Operating Cash Flow20.80M13.90M16.44M27.19M5.25M21.91M
Investing Cash Flow-7.40M-5.24M-17.99M-29.97M-23.13M-16.79M
Financing Cash Flow-11.70M-11.00M380.00K-11.05M29.73M-3.43M

Cabka N.V. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
47
Neutral
€50.61M-33.44-2.94%3.76%87.71%
46
Neutral
€10.43M-34.89-14.27%2.51%-205.79%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
NL:CABKA
Cabka N.V.
2.06
0.31
17.71%
NL:ALX
ALUMEXX N.V.
1.42
0.02
1.43%
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.Date of analysis: Aug 06, 2026