Eniro Group AB Class A (ENRO) AI Stock Analysis

• Market Cap: €293.99M
• Dividend Yield: 9.64%
• Average Volume (3M): 499.55K
• Price to Earnings (P/E): 3.8
• Beta (1Y): 0.43
• Revenue Growth: -0.73%
• EPS Growth: 107.66%
• Country: SE
• Employees: 905
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): <0.01
• Shares Outstanding: 746,182,500
• 10 Day Avg. Volume: 189,119
• 30 Day Avg. Volume: 499,545
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €0.55
• Price Target Upside: 37.65% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 66 Neutral
• Price Target: kr0.50 ▲(25.00% Upside)

Eniro Group AB Class A's overall stock score is driven primarily by its financial performance and valuation. The company shows strong profitability and a robust balance sheet, but the significant decline in revenue growth is a concern. The stock appears undervalued based on its P/E ratio, which is a positive factor. However, technical analysis indicates bearish momentum, which tempers the overall score.

Eniro Group AB Class A Business Overview & Revenue Model

Company Description

Eniro Group AB (publ) operates as a software-as-a-service company in Sweden, Norway, Denmark, and Finland. It offers a range of digital marketing services to small and medium-sized companies through partnership, as well as through search engines, such as eniro.se, gulesider.no, gulesider.no, krak.dk, degulesider.dk, and 0100100.fi. The company also provides customer and answering services to large companies, as well as directory inquiry services. In addition, it operates Eniro app for online search; Eniro Navigation; and Eniro På Sjön. The company was formerly known as Eniro AB (publ) and changed its name to Eniro Group AB (publ) in July 2021. Eniro Group AB (publ) was incorporated in 2000 and is headquartered in Kista, Sweden.

How the Company Makes Money

Eniro Group AB generates revenue primarily through its digital marketing services and directory platforms. The company earns money by offering search engine marketing solutions, which help businesses improve their visibility on search engines and attract more customers. Additionally, Eniro operates online directories that serve as advertising platforms for businesses, generating revenue through paid listings and advertisements. The company also capitalizes on data-driven advertising solutions, providing targeted marketing opportunities for businesses looking to reach specific demographics. Eniro's earnings are further supported by partnerships with search engines and other digital platforms, enabling them to offer comprehensive marketing solutions to their clients.

Eniro Group AB Class A Financial Statement Overview

Summary

Eniro Group AB Class A shows strong profitability with high gross and net profit margins, and a robust balance sheet with low leverage and high returns on equity. However, the significant decline in revenue growth is a major concern, and there is room for improvement in liquidity coverage.

Income Statement

Eniro Group AB Class A shows a mixed performance in its income statement. The company has a strong gross profit margin of 89.45% in TTM, indicating efficient cost management. However, the revenue growth rate has been negative recently, with a significant decline of 83.7% in TTM, which is a concern. The net profit margin improved to 7.91% in TTM, reflecting better profitability compared to previous years. The EBIT and EBITDA margins have also improved, suggesting operational efficiency gains. Overall, while profitability metrics are strong, the declining revenue trend poses a risk.

Balance Sheet

The balance sheet of Eniro Group AB Class A reflects a stable financial position. The debt-to-equity ratio is low at 0.077 in TTM, indicating low leverage and reduced financial risk. Return on equity is strong at 26.95% in TTM, showcasing effective use of equity to generate profits. The equity ratio stands at 30.93%, suggesting a solid equity base relative to total assets. The company's balance sheet is robust, with low debt levels and high returns on equity, although the equity ratio could be improved for better asset financing.

Cash Flow

The cash flow statement shows a positive trend in free cash flow growth, with an 18.99% increase in TTM. The operating cash flow to net income ratio is 0.26, indicating that operating cash flows are adequately covering net income. The free cash flow to net income ratio is 1.0, demonstrating that the company is generating sufficient free cash flow relative to its net income. While the cash flow metrics are generally positive, the operating cash flow coverage ratio could be higher to ensure better liquidity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	948.00M	951.00M	960.00M	930.00M	828.00M	882.00M
Gross Profit	848.00M	851.00M	296.00M	846.00M	738.00M	549.00M
EBITDA	153.00M	144.00M	96.00M	141.00M	16.00M	79.00M
Net Income	75.00M	68.00M	-4.00M	48.00M	-105.00M	-66.00M
Balance Sheet
Total Assets	964.00M	951.00M	975.00M	1.08B	1.01B	1.19B
Cash, Cash Equivalents and Short-Term Investments	164.00M	163.00M	164.00M	223.00M	239.00M	218.00M
Total Debt	23.00M	24.00M	43.00M	45.00M	49.00M	56.00M
Total Liabilities	666.00M	667.00M	705.00M	775.00M	921.00M	986.00M
Stockholders Equity	298.00M	283.00M	269.00M	305.00M	81.00M	170.00M
Cash Flow
Free Cash Flow	94.00M	109.00M	35.00M	42.00M	52.00M	44.00M
Operating Cash Flow	94.00M	109.00M	52.00M	62.00M	71.00M	60.00M
Investing Cash Flow	-21.00M	-49.00M	-16.00M	-57.00M	-19.00M	5.00M
Financing Cash Flow	-35.00M	-62.00M	-91.00M	-31.00M	-27.00M	-64.00M

Eniro Group AB Class A Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ENRO, the sentiment is Negative. The current price of 0.4 is above the 20-day moving average (MA) of 0.40, below the 50-day MA of 0.41, and below the 200-day MA of 0.45, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.74 is Neutral, neither overbought nor oversold. The STOCH value of 12.42 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:ENRO.

Eniro Group AB Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TRAD	71 Outperform	kr466.64M	45.23	2.57%	―	5.16%	-63.53%
ENRO	66 Neutral	€293.99M	3.83	29.16%	9.64%	-0.73%	107.66%
SPEONE	57 Neutral	kr71.10M	-1.92	47.39%	―	-54.96%	-171.19%
MAGI	54 Neutral	kr303.36M	1,908.33	0.05%	8.73%	-11.35%	-92.00%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%

Eniro Group AB Class A Corporate Events

Eniro Group Reports Q2 2025 Results Amid Strategic Investments

Eniro Group AB Class A reported a decrease in net sales and operating results for the second quarter of 2025, reflecting strategic investments for future growth. Notable events include the appointment of a new CFO, the re-election of board members, and the acquisition of Qwamplify Nordics to enhance its digital marketing capabilities in the Nordic region.

Eniro Group Surpasses SEK 510 Million in Annual Recurring Revenues

Eniro Group AB has achieved a significant milestone by exceeding SEK 510 million in annual recurring revenues, highlighting the scalability and sustainability of its business model. This growth is driven by organic improvements, enhanced customer relationships, and strategic investments in technology, positioning Eniro well in the growing demand for digitalization and AI solutions. The achievement marks a breakthrough in Eniro’s transition to a subscription-based revenue model, reinforcing its market position and commitment to delivering value to its 45,000 customers.

Eniro Group Acquires Qwamplify Nordics to Boost Digital Marketing in the Nordics

Eniro Group AB has acquired Qwamplify Nordics, a digital marketing company operating in Sweden, Finland, and Norway, for EUR 700,000. This acquisition, financed with Eniro’s own funds, aims to strengthen Eniro’s position in the Nordic digital marketing landscape by enhancing its campaign-driven marketing capabilities and expanding its local team with Qwamplify’s expertise. The move aligns with Eniro’s strategy to broaden its offerings to SMEs in the region, providing measurable impact and scalability in digital services.