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Asker Healthcare Group AB (SE:ASKER)
:ASKER
Sweden Market
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Asker Healthcare Group AB (ASKER) AI Stock Analysis

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SE:ASKER

Asker Healthcare Group AB

(ASKER)

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Neutral 62 (OpenAI - 5.2)
Rating:62Neutral
Price Target:
kr76.00
â–¼(-7.60% Downside)
Action:Reiterated
Date:05/07/26
The score is driven mainly by strong revenue growth and improving profitability with positive free cash flow, balanced against thin net margins and meaningful leverage. Technicals are supportive of an uptrend, but the high P/E valuation materially caps the overall score.
Positive Factors
Revenue Growth
Sustained high revenue growth (38.6% in 2025) indicates durable demand for Asker's services and expanding market penetration. Over a 2–6 month horizon this trend supports scale economies, revenue visibility and provides a foundation for reinvestment and margin improvement.
Negative Factors
Thin Net Margins
Very thin and volatile net margins leave earnings highly sensitive to unexpected costs, financing expenses, or non-operating items. Over months this limits retained earnings accumulation, restricts buffer for shocks and reduces the firm's capacity to self-fund growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained high revenue growth (38.6% in 2025) indicates durable demand for Asker's services and expanding market penetration. Over a 2–6 month horizon this trend supports scale economies, revenue visibility and provides a foundation for reinvestment and margin improvement.
Read all positive factors

Asker Healthcare Group AB (ASKER) vs. iShares MSCI Sweden ETF (EWD)

Asker Healthcare Group AB Business Overview & Revenue Model

Company Description
Asker Healthcare Group AB is a comprehensive provider of medical supplies, equipment, and related solutions, all designed to enhance patient care. Their broad product portfolio encompasses essential consumables such as protective items, infusion s...
How the Company Makes Money
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Asker Healthcare Group AB Financial Statement Overview

Summary
Strong and accelerating revenue growth (38.61% in 2025) with improving gross and operating margins and consistently positive free cash flow. Offsetting this are thin/volatile net margins (~2.9% in 2025), a still-leveraged balance sheet (debt-to-equity ~1.00), and weaker cash conversion vs recent years (FCF ~56% of net income in 2025).
Income Statement
68
Positive
Balance Sheet
56
Neutral
Cash Flow
60
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue17.31B16.79B15.03B13.45B11.72B9.35B
Gross Profit6.65B6.05B5.88B4.52B3.78B2.61B
EBITDA1.60B2.09B1.47B1.12B1.12B670.00M
Net Income594.00M492.00M360.00M203.00M430.00M467.00M
Balance Sheet
Total Assets17.75B16.77B13.12B11.33B10.23B7.36B
Cash, Cash Equivalents and Short-Term Investments945.00M884.00M490.00M391.00M211.00M494.00M
Total Debt6.02B5.81B5.96B4.97B4.74B3.93B
Total Liabilities10.88B10.19B9.62B8.29B7.44B5.54B
Stockholders Equity6.83B6.55B3.47B3.02B2.76B1.79B
Cash Flow
Free Cash Flow1.02B738.00M879.00M901.00M853.00M258.00M
Operating Cash Flow1.64B1.33B1.23B1.05B976.00M382.00M
Investing Cash Flow-2.27B-2.91B-1.46B-783.00M-1.86B-843.00M
Financing Cash Flow845.00M2.02B305.00M-83.00M572.00M619.00M

Asker Healthcare Group AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
kr6.69B18.914.40%3.01%-4.91%-23.36%
62
Neutral
kr30.22B50.81――――
60
Neutral
kr34.73B39.17―0.66%6.86%148.98%
58
Neutral
kr11.89B-2.373.34%0.80%-5.68%-1106.19%
57
Neutral
kr19.93B35.147.24%0.46%-0.32%83.82%
53
Neutral
kr18.88B-36.503.08%4.25%-7.22%-317.94%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:ASKER
Asker Healthcare Group AB
78.75
-24.47
-23.71%
SE:EKTA.B
Elekta AB
49.42
1.79
3.75%
SE:VITR
Vitrolife AB
87.75
-53.99
-38.09%
SE:MCOV.B
Medicover AB
230.00
-24.34
-9.57%
SE:ALIF.B
AddLife AB
163.40
-19.89
-10.85%
SE:ARJO.B
Arjo AB
24.58
-8.85
-26.47%

Asker Healthcare Group AB Corporate Events

Asker Healthcare Drops Kirstine Hardam Deal, Refocuses M&A Pipeline
Jun 8, 2026
Asker Healthcare Group, a European provider of medical products and solutions that acquires and develops leading local healthcare companies, operates in 19 countries with over 5,000 employees and SEK 17 billion in revenue, focusing on improving pa...
Asker’s Chair Receives Shareholder-Financed Call Options from Major Owner
Jun 3, 2026
Asker Healthcare Group, a European provider of medical products and solutions to caregivers and patients, operates through a network of acquired and built companies across 19 countries, focusing on improving patient outcomes and lowering total hea...
Asker Healthcare Shareholders Approve Dividend, New Chair and Expanded Capital Mandate
May 7, 2026
Asker Healthcare Group AB held its Annual General Meeting in Stockholm, where shareholders approved the 2025 financial statements and a dividend of SEK 0.39 per share, with payment scheduled for mid-May 2026. The directors and CEO were discharged ...
Asker Healthcare starts 2026 with strong growth, margin gains and new deals
May 6, 2026
Asker Healthcare Group reported a strong first quarter of 2026, with net sales up 13% to SEK 4.52 billion and organic growth of 5%. Adjusted EBITA rose 21% with an 8% organic increase, lifting the adjusted EBITA margin to 9.8%, while profit for th...
Asker Healthcare Group Schedules Webcast for Q1 2026 Interim Report
Apr 22, 2026
Asker Healthcare Group will release its interim report for the first quarter of 2026 on 6 May and will host a webcast presentation the same day for investors, analysts and media. The online event, led by CEO Johan Falk and CFO Thomas Moss, will in...
Asker Healthcare Group Posts Strong 2025 Growth and Expands European Reach
Apr 16, 2026
Asker Healthcare Group, a European provider of medical products and solutions to healthcare systems, operates through a network of entrepreneurial local companies backed by the scale and expertise of a larger group. With more than 4,500 employees ...
Asker Healthcare Updates Share Count After Conversion of Class C Shares
Mar 31, 2026
Asker Healthcare Group has updated its share capital structure, confirming that as of 31 March 2026 it has 383,706,497 ordinary shares in issue, corresponding to the same number of votes. The company now holds 670,000 of these ordinary shares in t...
Asker Healthcare Group Calls 2026 AGM, Details Shareholder Participation Rules
Mar 30, 2026
Asker Healthcare Group AB has called its Annual General Meeting for 7 May 2026 in Stockholm, setting out procedures for shareholders to attend in person or be represented by proxy. The notice clarifies record dates, registration deadlines, and adv...
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: May 07, 2026