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Elon AB
(ELON)
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Rating:59Neutral
Price Target:
kr45.00
▲(127.85% Upside)
Action:Reiterated
Date:10/16/26
The score is primarily supported by improving fundamentals (strong TTM revenue rebound, better gross margin, and solid positive operating/free cash flow) and a strong technical uptrend (price above all major moving averages with positive momentum). Offsetting these positives are continued net losses and negative ROE with rising leverage, plus weak valuation signals driven by a negative P/E and no stated dividend yield.
Positive Factors
Revenue rebound
The strong TTM revenue rebound indicates materially improved sales performance and market activity. If sustained, higher volume can support better supplier economics, operating leverage, and reinvestment in distribution and service capabilities over the next several quarters.
Negative Factors
Persistent losses
Continuing net losses show that the revenue recovery and improved gross margin have not yet translated into sustainable bottom-line profitability. This limits retained capital, weakens resilience, and leaves the business dependent on further operating improvement to build earnings power.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue rebound
The strong TTM revenue rebound indicates materially improved sales performance and market activity. If sustained, higher volume can support better supplier economics, operating leverage, and reinvestment in distribution and service capabilities over the next several quarters.
Read all positive factors
Elon AB (ELON) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr658.31M
Dividend Yield5.23%
Average Volume (3M)52.66K
Price to Earnings (P/E)―
Beta (1Y)0.33
Revenue Growth-1.18%
EPS Growth-654.08%
CountrySE
Employees318
SectorGeneral
Sector StrengthN/A
IndustrySpecialty Retail
Share Statistics
EPS (TTM)-3.10
Shares Outstanding14,860,343
10 Day Avg. Volume58,903
30 Day Avg. Volume52,658
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)0.68
Price to Sales (P/S)0.05
P/FCF Ratio1.92
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1.01
Revenue Forecast (FY)kr4.65B
Elon AB Business Overview & Revenue Model
Company Description
Operating via its various subsidiaries, Elon AB (publ) specializes in providing consumer electronics across Sweden. Its operations are structured into two primary divisions: Electra Retail and Electra Logistics & IT. Beyond its core offerings, the...
How the Company Makes Money
Elon AB makes money primarily by selling consumer electronics and home appliances through its sales and distribution operations. Revenue is generated from the margin between the purchase cost of products sourced from manufacturers/brand owners and...
Elon AB Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
52
Neutral
Cash Flow
68
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.66B | 4.67B | 4.73B | 4.89B | 4.77B | 1.94B |
| Gross Profit | 574.70M | 275.48M | 682.60M | 660.10M | 728.73M | 252.52M |
| EBITDA | 113.50M | 48.48M | 119.23M | 97.38M | 134.66M | 109.79M |
| Net Income | -46.00M | -99.30M | 3.34M | -16.65M | 33.30M | 29.49M |
Balance Sheet | ||||||
| Total Assets | 1.73B | 1.80B | 2.12B | 2.17B | 2.18B | 550.05M |
| Cash, Cash Equivalents and Short-Term Investments | 20.10M | 26.00M | 53.10M | 130.19M | 52.00M | 118.45M |
| Total Debt | 217.90M | 236.73M | 351.89M | 278.37M | 289.35M | 54.32M |
| Total Liabilities | 1.33B | 1.44B | 1.56B | 1.62B | 1.55B | 333.24M |
| Stockholders Equity | 400.10M | 368.10M | 562.00M | 555.68M | 624.89M | 216.81M |
Cash Flow | ||||||
| Free Cash Flow | 112.70M | 130.50M | -22.40M | 138.72M | 9.96M | 107.84M |
| Operating Cash Flow | 134.40M | 157.50M | 3.60M | 173.51M | 47.53M | 109.55M |
| Investing Cash Flow | -15.50M | -22.40M | -60.10M | -18.68M | 60.53M | 24.91M |
| Financing Cash Flow | -120.10M | -162.20M | -20.60M | -76.64M | -77.21M | -68.81M |
Elon AB Technical Analysis
Positive
19.75
Price Trends
36.73
Positive
27.77
Positive
23.49
Positive
Market Momentum
1.96
Positive
54.02
Neutral
70.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ELON, the sentiment is Positive. The current price of 19.75 is below the 20-day moving average (MA) of 45.30, below the 50-day MA of 36.73, and below the 200-day MA of 23.49, indicating a neutral trend. The MACD of 1.96 indicates Positive momentum. The RSI at 54.02 is Neutral, neither overbought nor oversold. The STOCH value of 70.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:ELON.
Elon AB Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | kr31.02B | 24.56 | 41.64% | 1.41% | 9.82% | 33.55% | |
69 Neutral | kr1.46B | 21.27 | 11.99% | 2.16% | 11.47% | 15.20% | |
61 Neutral | kr12.51B | 21.11 | ― | 2.21% | 8.20% | 40.01% | |
59 Neutral | kr658.31M | -14.29 | ― | 5.23% | -1.18% | -654.08% | |
56 Neutral | kr121.26M | -51.46 | -2.54% | ― | -8.90% | 67.39% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | kr539.34M | -6.76 | ― | ― | 7.12% | 8.47% |
* General Sector Average
SE:ELON
Elon AB
44.30
25.50
135.64%
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0.12
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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.