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C.A.G Group AB (SE:CAG)
:CAG
Sweden Market
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C.A.G Group AB (CAG) AI Stock Analysis

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SE:CAG

C.A.G Group AB

(CAG)

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Outperform 72 (OpenAI - Gpt-5.6Sol)
Rating:72Outperform
Price Target:
kr96.00
▼(-0.21% Downside)
Action:Reiterated
Date:07/21/26
The score is driven primarily by strong financial quality (low leverage, solid ROE, and robust free cash flow conversion) and supportive valuation (P/E ~15.1 with ~4.40% dividend yield). These positives are tempered by weak technical momentum, with the stock trading below key moving averages and a negative MACD.
Positive Factors
Conservative balance sheet
Very low leverage gives CAG financial flexibility to withstand demand changes and continue investing in its consulting capabilities. Growing equity and a roughly 14% ROE also indicate that the company is generating solid returns without relying heavily on debt financing.
Negative Factors
Volatile gross margins
Large gross-margin swings make it harder to assess the durability of CAG’s earnings growth and may indicate changing project mix, cost levels, or other period-specific effects. Persistent volatility could limit operating leverage and reduce the predictability of future profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage gives CAG financial flexibility to withstand demand changes and continue investing in its consulting capabilities. Growing equity and a roughly 14% ROE also indicate that the company is generating solid returns without relying heavily on debt financing.
Read all positive factors

C.A.G Group AB (CAG) vs. iShares MSCI Sweden ETF (EWD)

C.A.G Group AB Business Overview & Revenue Model

Company Description
CAG Group AB (publ) operates as an IT consulting company in Sweden. The company offers IT-management services, such as requirements analysis, project implementation, and IT service operations; system development services; operations and support se...
How the Company Makes Money
CAG primarily makes money by selling IT consulting and technology professional services. The core revenue stream is typically billable hours where consultants are staffed on customer assignments and revenue is recognized based on time worked (e.g....

C.A.G Group AB Financial Statement Overview

Summary
Overall financials are healthy: strong TTM revenue growth (+306%), solid profitability (~10.9% EBITDA margin, ~5.6% net margin), and robust cash generation (TTM FCF ~80.7m with FCF/net income ~0.95). Offsetting factors are margin volatility (notably weaker gross margin in TTM vs recent annual), slightly lower net income vs the last two annual periods, and a small TTM decline in free cash flow (-5.3%).
Income Statement
74
Positive
Balance Sheet
86
Very Positive
Cash Flow
78
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue857.30M844.97M872.06M889.63M796.66M649.29M
Gross Profit112.17M331.56M168.40M178.07M302.76M257.23M
EBITDA90.42M93.26M100.01M105.16M94.33M71.24M
Net Income45.04M47.79M48.59M53.44M48.25M30.28M
Balance Sheet
Total Assets657.72M536.63M546.34M587.67M585.26M452.51M
Cash, Cash Equivalents and Short-Term Investments108.56M122.55M108.43M105.44M128.77M81.35M
Total Debt72.51M35.52M58.92M96.98M112.61M57.94M
Total Liabilities306.91M199.81M227.07M288.75M313.29M218.32M
Stockholders Equity350.81M336.82M319.27M298.92M271.98M234.19M
Cash Flow
Free Cash Flow80.69M84.16M78.48M62.17M87.75M50.98M
Operating Cash Flow82.88M87.20M82.21M66.37M90.47M51.94M
Investing Cash Flow-54.80M-3.04M-3.73M-16.77M-54.36M-75.07M
Financing Cash Flow-19.11M-70.04M-75.49M-72.93M12.31M-12.10M

C.A.G Group AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price96.20
Price Trends
50DMA
93.60
Negative
100DMA
98.97
Negative
200DMA
100.86
Negative
Market Momentum
MACD
-1.94
Positive
RSI
23.30
Positive
STOCH
20.34
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CAG, the sentiment is Negative. The current price of 96.2 is above the 20-day moving average (MA) of 91.15, above the 50-day MA of 93.60, and below the 200-day MA of 100.86, indicating a bearish trend. The MACD of -1.94 indicates Positive momentum. The RSI at 23.30 is Positive, neither overbought nor oversold. The STOCH value of 20.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:CAG.

C.A.G Group AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
84
Outperform
kr1.17B15.6026.28%6.09%13.11%-7.85%
72
Outperform
kr648.91M13.82―4.98%-0.05%-5.66%
71
Outperform
kr1.52B17.5716.46%1.68%7.42%44.33%
61
Neutral
kr6.75B20.3611.60%2.36%-6.48%-24.43%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
55
Neutral
kr2.61B-8.83-7.72%2.56%-7.52%-458.49%
49
Neutral
kr194.31M44.362.03%9.08%-3.37%-94.71%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:CAG
C.A.G Group AB
86.40
-23.64
-21.49%
SE:SOF.B
Softronic AB Class B
22.15
-0.19
-0.87%
SE:B3
B3 Consulting Group AB
20.60
-27.35
-57.04%
SE:ANOD.B
Addnode Group AB Class B
48.65
-53.85
-52.54%
SE:EXS
Exsitec Holding AB
113.00
-24.16
-17.62%
SE:KNOW
Knowit AB
93.90
-6.77
-6.72%
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 21, 2026