Byggmax Group AB (BMAX) AI Stock Analysis

• Market Cap: €2.76B
• Dividend Yield: 1.59%
• Average Volume (3M): 164.06K
• Price to Earnings (P/E): 15.7
• Beta (1Y): 0.82
• Revenue Growth: 4.04%
• EPS Growth: 433.33%
• Country: SE
• Employees: 1,081
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Construction
• EPS (TTM): 3.26
• Shares Outstanding: 58,625,046
• 10 Day Avg. Volume: 111,022
• 30 Day Avg. Volume: 164,062
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 53 Neutral
• Price Target: kr48.00 ▲(1.91% Upside)

Byggmax Group AB's overall stock score is primarily influenced by its financial performance and technical analysis. The company shows stable revenue growth and improved operational margins, but profitability and liquidity remain concerns. Technical indicators reflect bearish momentum, with the stock trading below key moving averages. Valuation metrics suggest a moderate valuation, with a modest dividend yield.

Byggmax Group AB Business Overview & Revenue Model

Company Description

Byggmax Group AB (publ) sells building materials and related products for DIY projects in Sweden, Norway, and internationally. The company offers timber, board materials, garden products, tools, paint, and other products. As of December 31, 2021, it operates 192 stores, including 123 stores in Sweden, 56 stores in Norway, 9 in Finland, and 4 in Denmark, as well as 11 showrooms with Skånska Byggvaror concept. The company also offers its products online. Byggmax Group AB (publ) was founded in 1993 and is headquartered in Solna, Sweden.

How the Company Makes Money

Byggmax generates revenue primarily through the sale of building materials and home improvement products in its physical stores and online. The company operates a cost-efficient retail model that emphasizes low prices and high turnover of inventory. Key revenue streams include direct sales of construction materials, tools, and accessories, as well as seasonal products related to home improvement and renovation projects. Additionally, Byggmax benefits from partnerships with suppliers that enable bulk purchasing and competitive pricing. The company may also engage in promotional activities and loyalty programs to drive customer retention and increase sales volume.

Byggmax Group AB Financial Statement Overview

Summary

Byggmax Group AB's financial performance is characterized by stable revenue growth and improved operational margins, but profitability remains a challenge. The balance sheet shows a reduction in leverage, which is positive, but cash flow metrics indicate potential liquidity concerns. Overall, the company demonstrates resilience in a competitive construction industry, but needs to focus on enhancing profitability and cash flow stability.

Income Statement

Byggmax Group AB shows a mixed performance in its income statement. The TTM data indicates a slight revenue growth of 1.93%, which is a positive sign after previous periods of revenue decline. Gross profit margin is stable at 35%, but net profit margin remains low at 2.5%, indicating challenges in converting revenue into profit. The EBIT and EBITDA margins have improved in the TTM, reflecting better operational efficiency.

Balance Sheet

The balance sheet reveals a moderate financial position. The debt-to-equity ratio has improved to 0.96 in the TTM, indicating a reduction in leverage compared to previous years. Return on equity is modest at 6.47%, suggesting limited profitability from equity investments. The equity ratio is stable, reflecting a balanced asset structure.

Cash Flow

Cash flow analysis shows a decline in free cash flow growth by 17.42% in the TTM, which is concerning. The operating cash flow to net income ratio is low at 0.29, indicating potential issues in cash generation relative to net income. However, the free cash flow to net income ratio remains strong at 0.89, suggesting efficient cash conversion from profits.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.17B	5.99B	6.11B	7.26B	7.64B	6.80B
Gross Profit	2.16B	2.08B	132.00M	2.46B	2.61B	2.22B
EBITDA	940.00M	857.00M	754.00M	1.07B	1.36B	1.11B
Net Income	154.00M	67.00M	26.00M	313.00M	621.00M	485.00M
Balance Sheet
Total Assets	6.06B	5.91B	6.17B	6.51B	6.07B	4.93B
Cash, Cash Equivalents and Short-Term Investments	128.00M	11.00M	10.00M	19.00M	43.00M	62.00M
Total Debt	2.29B	2.48B	2.74B	2.87B	2.19B	1.74B
Total Liabilities	3.67B	3.50B	3.80B	4.15B	3.82B	2.96B
Stockholders Equity	2.39B	2.40B	2.36B	2.36B	2.25B	1.97B
Cash Flow
Free Cash Flow	569.00M	780.00M	635.00M	281.00M	585.00M	1.02B
Operating Cash Flow	637.00M	860.00M	781.00M	536.00M	814.00M	1.20B
Investing Cash Flow	-65.00M	-77.00M	-153.00M	-308.00M	-466.00M	-170.00M
Financing Cash Flow	-469.00M	-783.00M	-654.00M	-253.00M	-375.00M	-996.00M

Byggmax Group AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 47.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BMAX, the sentiment is Negative. The current price of 47.1 is below the 20-day moving average (MA) of 55.52, below the 50-day MA of 57.12, and below the 200-day MA of 52.52, indicating a bearish trend. The MACD of -1.12 indicates Positive momentum. The RSI at 20.99 is Positive, neither overbought nor oversold. The STOCH value of 29.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:BMAX.

Byggmax Group AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SYSR	74 Outperform	kr16.29B	24.56	11.31%	1.73%	0.74%	8.11%
RVRC	69 Neutral	€5.92B	21.18	23.71%	1.97%	6.44%	0.49%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
INWI	61 Neutral	€10.42B	18.22	9.78%	3.63%	3.41%	-1.70%
LIAB	57 Neutral	kr18.29B	33.77	―	2.57%	-1.96%	-19.72%
BMAX	53 Neutral	€2.76B	15.69	7.24%	1.59%	4.04%	433.33%
BALCO	51 Neutral	€633.10M	-19.60	-4.20%	―	9.76%	-289.12%

Byggmax Group AB Corporate Events

Byggmax Group AB Boosts Profitability Amid Slight Sales Decline in Q3 2025

Byggmax Group AB reported a slight decrease in net sales by 0.8% in the third quarter of 2025, attributed to currency fluctuations and a cautious market. However, the company improved its profitability with an EBITA margin increase to 14.0%, driven by operational excellence and cost control. Byggmax continues to focus on strengthening its core business and enhancing customer experience, particularly through e-commerce improvements and efficient store operations, positioning itself well for future market upturns.

The most recent analyst rating on (SE:BMAX) stock is a Hold with a SEK57.00 price target. To see the full list of analyst forecasts on Byggmax Group AB stock, see the SE:BMAX Stock Forecast page.