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Elon AB
(ELON)
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Rating:62Neutral
Price Target:
kr34.00
▲(72.15% Upside)
Action:Reiterated
Date:09/10/26
The score is primarily supported by strong technical momentum and improving top-line/gross margin trends, plus solid TTM operating and free cash flow. It is held back by ongoing net losses, negative ROE, and a more leveraged balance sheet, while valuation is difficult to justify on earnings due to the negative P/E.
Positive Factors
Revenue and gross-margin recovery
The sharp TTM revenue rebound alongside a materially higher gross margin indicates a meaningful operating recovery. If sustained, improved product mix, pricing or cost control can strengthen the earnings base and create more capacity to reinvest, although profitability still needs to follow.
Negative Factors
Persistent unprofitability
Despite the revenue and gross-margin recovery, Elon remains loss-making and generates negative returns on shareholder capital. Continued losses can limit retained funding, weaken resilience if trading softens, and indicate that the current improvement has not yet translated into a durable profitable business model.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and gross-margin recovery
The sharp TTM revenue rebound alongside a materially higher gross margin indicates a meaningful operating recovery. If sustained, improved product mix, pricing or cost control can strengthen the earnings base and create more capacity to reinvest, although profitability still needs to follow.
Read all positive factors
Elon AB (ELON) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr481.48M
Dividend Yield5.23%
Average Volume (3M)25.05K
Price to Earnings (P/E)―
Beta (1Y)0.33
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. Volume69,986
30 Day Avg. Volume25,046
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 Technical Analysis
Positive
19.75
Price Trends
21.51
Positive
20.45
Positive
19.38
Positive
Market Momentum
4.07
Negative
63.19
Neutral
84.79
Negative
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 25.63, below the 50-day MA of 21.51, and above the 200-day MA of 19.38, indicating a bullish trend. The MACD of 4.07 indicates Negative momentum. The RSI at 63.19 is Neutral, neither overbought nor oversold. The STOCH value of 84.79 is Negative, 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 | kr26.72B | 21.39 | 41.64% | 2.44% | 9.82% | 33.55% | |
71 Outperform | kr1.39B | 20.39 | 11.99% | 2.24% | 11.47% | 15.20% | |
62 Neutral | kr481.48M | -10.55 | ― | 5.23% | -1.18% | -654.08% | |
59 Neutral | kr12.20B | 20.26 | ― | 2.29% | 8.20% | 40.01% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | kr115.37M | -22.92 | -4.08% | ― | -13.70% | 92.84% | |
49 Neutral | kr538.21M | -7.97 | ― | ― | 7.99% | 33.84% |
* General Sector Average
SE:ELON
Elon AB
32.70
14.45
79.18%
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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.