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Elon AB
(ELON)
Select Model
Select Model
Rating:53Neutral
Price Target:
kr31.00
▲(56.96% Upside)
Action:Reiterated
Date:08/29/26
The score is held back primarily by weak profitability (ongoing net losses and negative ROE) and a more leveraged balance sheet, despite strong TTM revenue recovery and solid operating/free cash flow. Technically the stock is in a strong uptrend, but extremely overbought RSI increases near-term risk. Valuation is also pressured due to the negative P/E and lack of dividend yield data.
Positive Factors
Revenue Recovery
The strong TTM revenue recovery indicates renewed demand and improved sales execution across the company’s consumer electronics, appliance, retail and B2B channels, providing a foundation for future operating improvement.
Negative Factors
Persistent Net Losses
Ongoing losses show that revenue recovery and gross-margin gains have not yet translated into durable bottom-line profitability. Negative returns on equity may constrain reinvestment capacity and leave performance sensitive to further margin pressure.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Recovery
The strong TTM revenue recovery indicates renewed demand and improved sales execution across the company’s consumer electronics, appliance, retail and B2B channels, providing a foundation for future operating improvement.
Read all positive factors
Elon AB (ELON) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr439.87M
Dividend Yield5.23%
Average Volume (3M)21.12K
Price to Earnings (P/E)―
Beta (1Y)0.31
Revenue Growth-1.18%
EPS Growth-654.08%
CountrySE
Employees345
SectorGeneral
Sector StrengthN/A
IndustrySpecialty Retail
Share Statistics
EPS (TTM)-3.10
Shares Outstanding14,860,343
10 Day Avg. Volume58,335
30 Day Avg. Volume21,118
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 primarily makes money by selling consumer electronics and home appliances through its channels and customer segments. Key revenue streams include: (1) product sales to consumers (e.g., electronics and appliances) via retail-affiliated chan...
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 | 83.70M | 48.48M | 119.20M | 97.38M | 134.66M | 109.54M |
| 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 Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | kr28.62B | 22.66 | 41.64% | 1.55% | 9.82% | 33.55% | |
71 Outperform | kr1.42B | 20.69 | 11.99% | 2.19% | 11.47% | 15.20% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | kr12.97B | 23.47 | ― | 1.72% | 6.50% | 14.07% | |
53 Neutral | kr439.87M | -9.55 | ― | 5.23% | -1.18% | -654.08% | |
53 Neutral | kr118.31M | -25.10 | -4.08% | ― | -13.70% | 92.84% | |
49 Neutral | kr528.08M | -8.21 | ― | ― | 7.99% | 33.84% |
* General Sector Average
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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.