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Byggmax Group AB (SE:BMAX)
:BMAX
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Byggmax Group AB (BMAX) AI Stock Analysis

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SE:BMAX

Byggmax Group AB

(BMAX)

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Neutral 68 (OpenAI - 5.2)
Rating:68Neutral
Price Target:
kr56.00
▲(6.87% Upside)
Action:Reiterated
Date:07/11/26
The score is driven primarily by steady financial health supported by strong free cash flow, offset by flat revenue and thin margins. Technical indicators add support through positive momentum and trend signals, while valuation is reasonable with a mid-teens P/E and a solid dividend yield.
Positive Factors
Strong Free Cash Flow
Strong operating and free cash flow indicates solid earnings quality and gives Byggmax financial flexibility to fund reinvestment, service debt, and potentially return capital through different phases of the cycle.
Negative Factors
Flat Revenue Base
Essentially unchanged revenue indicates limited top-line momentum and suggests growth currently depends on market recovery, customer volume, pricing, or mix rather than clear ongoing expansion of the revenue base.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Free Cash Flow
Strong operating and free cash flow indicates solid earnings quality and gives Byggmax financial flexibility to fund reinvestment, service debt, and potentially return capital through different phases of the cycle.
Read all positive factors

Byggmax Group AB (BMAX) vs. iShares MSCI Sweden ETF (EWD)

Byggmax Group AB Business Overview & Revenue Model

Company Description
Byggmax Group AB (publ) functions as a retailer specializing in building materials and related merchandise for do-it-yourself (DIY) initiatives. Its operations encompass Sweden, Norway, and other international markets including Finland and Denmark...
How the Company Makes Money
Byggmax Group AB makes money primarily by purchasing building materials and DIY-related products from suppliers and reselling them to customers at a markup through its retail channels. The company’s main revenue stream is net sales from in-store a...

Byggmax Group AB Financial Statement Overview

Summary
Financials are mixed: revenue is essentially flat (limited growth), profitability is positive but thin (~3% net margin), while cash generation is a clear strength with solid operating cash flow and strong free cash flow relative to net income. Balance sheet leverage looks manageable, but debt has shown notable period-to-period variability.
Income Statement
56
Neutral
Balance Sheet
62
Positive
Cash Flow
74
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue6.15B6.13B5.99B6.11B7.26B7.64B
Gross Profit318.00M309.00M2.08B132.00M2.46B2.61B
EBITDA962.00M913.00M857.00M780.00M1.07B1.36B
Net Income233.00M191.00M67.00M26.00M313.00M621.00M
Balance Sheet
Total Assets5.82B5.46B5.91B6.17B6.51B6.07B
Cash, Cash Equivalents and Short-Term Investments21.00M11.00M11.00M10.00M19.00M43.00M
Total Debt1.92B3.26B2.48B2.74B2.87B2.19B
Total Liabilities3.29B2.95B3.50B3.80B4.15B3.82B
Stockholders Equity2.53B2.52B2.40B2.36B2.36B2.25B
Cash Flow
Free Cash Flow759.00M752.00M780.00M635.00M281.00M585.00M
Operating Cash Flow817.00M809.00M860.00M781.00M536.00M814.00M
Investing Cash Flow-95.00M-79.00M-77.00M-153.00M-308.00M-466.00M
Financing Cash Flow-820.00M-731.00M-783.00M-654.00M-253.00M-375.00M

Byggmax Group AB Technical Analysis

Technical Analysis Sentiment
Positive
Last Price52.40
Price Trends
50DMA
51.79
Positive
100DMA
49.59
Positive
200DMA
51.87
Positive
Market Momentum
MACD
0.34
Positive
RSI
52.02
Neutral
STOCH
37.12
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BMAX, the sentiment is Positive. The current price of 52.4 is above the 20-day moving average (MA) of 52.13, above the 50-day MA of 51.79, and above the 200-day MA of 51.87, indicating a bullish trend. The MACD of 0.34 indicates Positive momentum. The RSI at 52.02 is Neutral, neither overbought nor oversold. The STOCH value of 37.12 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:BMAX.

Byggmax Group AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
kr1.40B20.0911.99%2.22%11.47%15.20%
68
Neutral
kr3.07B13.249.28%3.13%-0.28%51.30%
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
54
Neutral
kr399.43M-48.95-1.10%3.83%-3.51%74.93%
47
Neutral
kr108.00M-22.60-4.08%-13.70%92.84%
47
Neutral
kr3.03B-33.21-1.30%7.61%-11.62%79.62%
46
Neutral
kr21.19B-10.92-13.22%8.02%-4.86%-1111.15%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:BMAX
Byggmax Group AB
52.70
-2.35
-4.27%
SE:ELUX.B
Electrolux AB
26.97
-2.72
-9.15%
SE:DSNO
Desenio Group AB
0.11
-0.03
-22.30%
SE:RUG
RugVista Group AB
66.50
-0.19
-0.29%
SE:BONAV.B
Bonava AB Class B
9.30
-1.16
-11.09%
SE:BALCO
Balco Group AB
17.00
-6.20
-26.72%

Byggmax Group AB Corporate Events

Byggmax Boosts Q2 Profitability as DIY Demand Shifts to Smaller Projects
Jul 10, 2026
Byggmax reported second-quarter 2026 net sales of SEK 2,263 million, up 2.9 percent year on year, driven partly by favorable currency effects and like-for-like growth of 1.4 percent. Operating profit rose to SEK 267 million, lifting the EBITA marg...
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: Jul 11, 2026