TipRanks
Elon AB (SE:ELON)
:ELON
Sweden Market
Want to see SE:ELON full AI Analyst Report?

Elon AB (ELON) AI Stock Analysis

1 Followers

Top Page

SE:ELON

Elon AB

(ELON)

Select Model
Select Model
Select Model
Neutral 61 (OpenAI - Gpt-5.6Sol)
Rating:61Neutral
Price Target:
kr45.00
▲(127.85% Upside)
Action:Reiterated
Date:09/30/26
The score is driven by strong technical strength (price well above key moving averages with positive MACD) and decent cash-flow performance, partially offset by ongoing losses and higher leverage, plus limited valuation support due to negative earnings and no dividend yield data.
Positive Factors
Revenue recovery
A strong TTM revenue rebound indicates renewed demand and improved sales activity across Elon’s consumer electronics and appliance channels. If sustained, the larger revenue base can support operating leverage, strengthen supplier relationships, and provide a foundation for restoring consistent profitability.
Negative Factors
Persistent losses
Elon’s revenue recovery has not yet translated into sustainable bottom-line profitability. Continued losses weaken retained capital and limit investment flexibility, while the history of losses suggests that improved sales and gross margins still need to be converted into durable operating earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue recovery
A strong TTM revenue rebound indicates renewed demand and improved sales activity across Elon’s consumer electronics and appliance channels. If sustained, the larger revenue base can support operating leverage, strengthen supplier relationships, and provide a foundation for restoring consistent profitability.
Read all positive factors

Elon AB (ELON) vs. iShares MSCI Sweden ETF (EWD)

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
Mixed fundamentals: TTM revenue rebounded strongly (+50.3%) and gross margin improved meaningfully (~12.2% vs. ~5.9% in 2025), but the company remains loss-making (TTM net loss ~46m; net margin ~-1.8%) with negative ROE (~-20%). Balance sheet leverage has increased (debt-to-equity ~1.32 vs. ~0.63–0.64 prior years), while cash flow is a relative strength with positive TTM operating cash flow (~134m) and free cash flow (~113m) despite volatility (negative FCF in 2024).
Income Statement
44
Neutral
Balance Sheet
52
Neutral
Cash Flow
68
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue4.66B4.67B4.73B4.89B4.77B1.94B
Gross Profit574.70M275.48M682.60M660.10M728.73M252.52M
EBITDA83.70M48.48M119.20M97.38M134.66M109.54M
Net Income-46.00M-99.30M3.34M-16.65M33.30M29.49M
Balance Sheet
Total Assets1.73B1.80B2.12B2.17B2.18B550.05M
Cash, Cash Equivalents and Short-Term Investments20.10M26.00M53.10M130.19M52.00M118.45M
Total Debt217.90M236.73M351.89M278.37M289.35M54.32M
Total Liabilities1.33B1.44B1.56B1.62B1.55B333.24M
Stockholders Equity400.10M368.10M562.00M555.68M624.89M216.81M
Cash Flow
Free Cash Flow112.70M130.50M-22.40M138.72M9.96M107.84M
Operating Cash Flow134.40M157.50M3.60M173.51M47.53M109.55M
Investing Cash Flow-15.50M-22.40M-60.10M-18.68M60.53M24.91M
Financing Cash Flow-120.10M-162.20M-20.60M-76.64M-77.21M-68.81M

Elon AB Technical Analysis

Technical Analysis Sentiment
Positive
Last Price19.75
Price Trends
50DMA
27.02
Positive
100DMA
23.05
Positive
200DMA
20.91
Positive
Market Momentum
MACD
3.57
Negative
RSI
69.39
Neutral
STOCH
71.16
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 34.87, below the 50-day MA of 27.02, and below the 200-day MA of 20.91, indicating a bullish trend. The MACD of 3.57 indicates Negative momentum. The RSI at 69.39 is Neutral, neither overbought nor oversold. The STOCH value of 71.16 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

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
kr26.85B21.2641.64%1.63%9.82%33.55%
71
Outperform
kr1.37B19.9411.99%2.27%11.47%15.20%
61
Neutral
kr616.70M-13.39―5.23%-1.18%-654.08%
61
Neutral
kr11.13B18.78―2.48%8.20%40.01%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
53
Neutral
kr91.12M-19.33-4.08%―-13.70%92.84%
48
Neutral
kr484.17M-7.53――7.99%33.84%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:ELON
Elon AB
41.50
23.40
129.28%
SE:CLAS.B
Clas Ohlson AB
422.40
80.83
23.66%
SE:DSNO
Desenio Group AB
0.09
-0.02
-20.00%
SE:RUG
RugVista Group AB
66.00
-3.26
-4.70%
SE:RUSTA
Rusta AB
72.50
14.14
24.23%
SE:CDON
CDON AB
43.00
-35.80
-45.43%
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: Sep 30, 2026