Avensia AB (AVEN) AI Stock Analysis

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Avensia AB

(Nasdaq OMX AB:AVEN)

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Rating:62Neutral

Price Target:SEK 7.00▲(8.02% Upside)

Action:reiterated

Date:10/31/26

The score is driven primarily by mixed financial quality: strong growth and cash flow are meaningfully offset by the alarming TTM negative gross margin and a still-levered balance sheet. Technicals are supportive with an uptrend intact, while valuation is moderate—helped by the very high dividend yield but tempered by a ~24.5 P/E and sustainability risk tied to profitability.

Positive Factors

TTM Revenue GrowthStrong trailing-twelve-month revenue growth indicates improving demand for the company’s digital commerce services and a recovery in client activity. If sustained, this expansion can increase operating scale, support better utilization of delivery teams, and provide a foundation for stronger earnings over the next several quarters.

Negative Factors

Negative Gross MarginA negative TTM gross margin is a serious threat to the durability of the recovery because it suggests that direct delivery costs, pricing, or accounting mix are absorbing more than reported revenue. Unless corrected, this condition can limit operating leverage, undermine profitability, and make strong revenue growth less valuable.

Avensia AB (AVEN) vs. iShares MSCI Sweden ETF (EWD)

Market Cap: SEK 240.56M
Dividend Yield: 18.52%
Average Volume (3M): 51.82K
Price to Earnings (P/E): 24.5
Beta (1Y): 0.48
Revenue Growth: -6.72%
EPS Growth: -59.27%
Country: Sweden
Employees: 272
Sector: Technology
Sector Strength: 61
Industry: Information Technology Services

Avensia AB Business Overview & Revenue Model

Company Description

Avensia AB (publ) specializes in delivering comprehensive e-commerce solutions. The company offers a suite of platforms, including Episerver Commerce, a core e-commerce system. It also implements the inRiver Product Information Management (PIM) platf...

How the Company Makes Money

Avensia makes money primarily by delivering professional services tied to digital commerce projects and ongoing customer engagements. Key revenue streams typically include: (1) project-based consulting and implementation work (e.g., designing and bui...

Avensia AB Financial Statement Overview

Summary

Strong TTM revenue growth (+31.1%) and solid cash generation support the recovery, but the TTM negative gross margin is a major quality-of-earnings red flag and leverage remains elevated (debt-to-equity ~1.53), reducing resilience.

Income Statement

58Neutral

Balance Sheet

46Neutral

Cash Flow

72Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	403.38M	423.25M	422.25M	413.71M	431.49M	390.08M
Gross Profit	-11.51M	34.15M	85.94M	55.31M	68.51M	72.66M
EBITDA	36.09M	51.32M	46.77M	10.52M	5.24M	42.41M
Net Income	9.66M	21.66M	16.85M	-4.75M	-12.12M	17.56M
Balance Sheet
Total Assets	182.78M	191.54M	220.10M	198.26M	182.78M	178.41M
Cash, Cash Equivalents and Short-Term Investments	38.27M	47.70M	42.30M	15.67M	15.41M	36.36M
Total Debt	50.27M	59.70M	71.77M	72.56M	52.11M	15.74M
Total Liabilities	149.94M	148.38M	178.75M	173.92M	152.35M	111.41M
Stockholders Equity	32.84M	43.16M	41.34M	24.34M	30.43M	67.00M
Cash Flow
Free Cash Flow	38.49M	41.01M	49.08M	2.93M	14.10M	13.52M
Operating Cash Flow	39.58M	42.12M	49.19M	3.70M	15.08M	19.85M
Investing Cash Flow	-1.12M	-1.10M	-125.00K	-782.00K	-990.00K	-6.34M
Financing Cash Flow	-37.52M	-33.34M	-23.08M	-2.97M	-35.71M	-19.89M

Avensia AB Technical Analysis

Technical Analysis SentimentPositive

Last Price6.48

Price Trends

50DMA5.77Positive

100DMA6.21Positive

200DMA6.60Negative

Market Momentum

MACD0.11Negative

RSI68.64Neutral

STOCH81.73Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:AVEN, the sentiment is Positive. The current price of 6.48 is above the 20-day moving average (MA) of 5.71, above the 50-day MA of 5.77, and below the 200-day MA of 6.60, indicating a neutral trend. The MACD of 0.11 indicates Negative momentum. The RSI at 68.64 is Neutral, neither overbought nor oversold. The STOCH value of 81.73 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:AVEN.

Avensia AB Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

SE:AVEN against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SE:PACT	78Outperform	SEK 3.78B	16.24	21.32%	1.73%	3.73%	55.91%
SE:EXS	68Neutral	SEK 1.53B	24.15	11.71%	1.67%	9.08%	-14.10%
SE:ANOD.B	64Neutral	SEK 9.00B	23.62	13.08%	1.75%	4.71%	-1.34%
SE:SOF.B	63Neutral	SEK 1.01B	13.59	26.03%	7.05%	10.87%	-1.59%
SE:AVEN	62Neutral	SEK 240.56M	24.49	24.58%	18.52%	-6.72%	-59.27%
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SE:KNOW	60Neutral	SEK 3.21B	-11.65	-7.43%	2.05%	-5.94%	-382.16%

* Technology Sector Average

Performance Comparison

SE:AVEN and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SE:AVEN	Avensia AB	6.48	-1.35	-17.26%
SE:SOF.B	Softronic AB Class B	19.16	-2.34	-10.86%
SE:ANOD.B	Addnode Group AB Class B	65.90	-41.28	-38.52%
SE:EXS	Exsitec Holding AB	113.50	-43.82	-27.85%
SE:KNOW	Knowit AB	117.20	0.56	0.48%
SE:PACT	Proact IT Group AB	150.40	49.49	49.04%

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: Oct 31, 2026

Avensia AB AI Stock Analysis