Acrinova AB Class A (ACRI.A) AI Stock Analysis

Acrinova AB Class A

(Nasdaq OMX AB:ACRI.A)

Select Model

Rating:58Neutral

Price Target:SEK 8.00▲(3.09% Upside)

Action:reiterated

Date:08/19/26

The overall score of 58 reflects a company with a very attractive valuation and strong cash flow generation, offset by weak core profitability and a neutral technical outlook. The primary strength is the high dividend yield and low P/E ratio, which suggest the stock may be undervalued. However, the underlying business is contracting, with declining revenues and thin operating margins, which tempers the positive view. The technical picture does not yet confirm a bullish reversal.

Positive Factors

Recurring rental modelRecurring commercial rental income provides a foundational revenue stream supported by lease agreements and an existing property portfolio. This business model can improve visibility and support durable cash generation when occupancy, lease terms, and tenant retention remain stable over the coming quarters.

Negative Factors

Sharp revenue declineThe sharp TTM revenue contraction signals weaker recent business momentum and reduces confidence in near-term earnings durability. For a property developer, sustained revenue pressure could limit funds available for investment and make profitability more dependent on non-recurring property activity.

Acrinova AB Class A (ACRI.A) vs. iShares MSCI Sweden ETF (EWD)

Market Cap: SEK 303.65M
Dividend Yield: 57.35%
Average Volume (3M): 2,978
Price to Earnings (P/E): 12.1
Beta (1Y): -0.12
Revenue Growth: -56.21%
EPS Growth: -9.24%
Country: Sweden
Employees: 5
Sector: Real Estate
Sector Strength: 65
Industry: Real Estate - Development

Acrinova AB Class A Business Overview & Revenue Model

Company Description

Acrinova AB (publ) operates as a real estate company, specializing in the acquisition, development, and management of properties across southern Sweden. Its diverse portfolio includes residential condominiums, commercial spaces for retail and offices...

How the Company Makes Money

Acrinova’s primary revenue is generated from rental income earned by leasing commercial premises in its property portfolio to tenants under lease agreements. In addition to recurring rent, the company can earn property-related income connected to lea...

Acrinova AB Class A Financial Statement Overview

Summary

Financial performance is mixed. Cash flow is a clear strength (Score 70) with robust free cash flow generation, but the income statement is weak (Score 35) due to declining revenues and thin operating margins. The balance sheet (Score 45) shows improved but still high leverage. The overall picture is of a company in transition, prioritizing financial stability over growth.

Income Statement

35Negative

Balance Sheet

45Neutral

Cash Flow

70Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	71.88M	128.15M	159.70M	147.08M	130.53M	101.95M
Gross Profit	35.59M	76.59M	109.32M	100.71M	89.43M	72.61M
EBITDA	55.46M	41.19M	106.81M	73.76M	132.71M	205.44M
Net Income	36.16M	59.97M	35.91M	7.76M	79.34M	153.16M
Balance Sheet
Total Assets	852.64M	1.03B	2.19B	2.16B	2.10B	1.83B
Cash, Cash Equivalents and Short-Term Investments	51.06M	151.39M	81.15M	43.06M	28.31M	74.66M
Total Debt	396.64M	401.25M	1.08B	1.09B	995.69M	798.74M
Total Liabilities	457.03M	471.06M	1.23B	1.22B	1.15B	956.25M
Stockholders Equity	395.61M	558.81M	962.26M	946.92M	941.29M	874.99M
Cash Flow
Free Cash Flow	339.66M	251.23M	12.53M	-77.69M	-28.75M	70.69M
Operating Cash Flow	382.61M	337.73M	61.06M	71.23M	-23.76M	79.90M
Investing Cash Flow	242.88M	218.58M	-87.75M	-149.53M	-204.88M	-635.12M
Financing Cash Flow	-608.46M	-486.07M	64.78M	93.05M	182.30M	582.69M

Acrinova AB Class A Technical Analysis

Technical Analysis SentimentNegative

Last Price7.76

Price Trends

50DMA8.34Negative

100DMA8.42Negative

200DMA8.48Negative

Market Momentum

MACD-0.06Positive

RSI40.86Neutral

STOCH36.89Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ACRI.A, the sentiment is Negative. The current price of 7.76 is below the 20-day moving average (MA) of 8.16, below the 50-day MA of 8.34, and below the 200-day MA of 8.48, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 40.86 is Neutral, neither overbought nor oversold. The STOCH value of 36.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:ACRI.A.

Acrinova AB Class A Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

SE:ACRI.A against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
SE:SOLNA	64Neutral	SEK 443.68M	9.05	―	6.78%	2.81%	12.44%
SE:ACRI.A	58Neutral	SEK 303.65M	12.10	5.97%	57.35%	-56.21%	-9.24%
SE:BONAS	51Neutral	SEK 358.12M	10.10	―	―	41.00%	62.83%
SE:STUDBO	43Neutral	SEK 804.81M	-35.26	―	―	4.83%	-109.13%

* Real Estate Sector Average

Performance Comparison

SE:ACRI.A and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SE:ACRI.A	Acrinova AB Class A	7.76	-0.27	-3.39%
SE:BESQAB	Aros Bostadsutveckling AB	24.60	-0.50	-1.99%
SE:SOLNA	Solnaberg Property AB	118.00	2.13	1.84%
SE:STUDBO	Studentbostader i Norden AB	1.16	-0.59	-33.90%
SE:BONAS	Bonasudden Holding AB	132.00	-4.00	-2.94%
SE:KAPIAB	Kallebaeck Property Invest AB	201.00	9.64	5.04%

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 19, 2026

Acrinova AB Class A AI Stock Analysis