Skip to main content
TipRanks
Go Ultimate75% OFF

Eniro Group AB Class A (ENRO) AI Stock Analysis

0 Followers
SE:ENRO

Eniro Group AB Class A

(Nasdaq OMX AB:ENRO)

Select Model
Rating:66Neutral
Price Target:SEK 35.00â–²(5.74% Upside)
Action:downgraded
Date:11/13/26

The score is driven most by financial performance: low leverage and a return to profitability support stability, but declining TTM revenue and weakening free cash flow growth temper confidence. Technicals are mixed with weaker short-term price action despite a firmer medium-term trend. Valuation is helped by the high dividend yield, while the P/E remains only moderate.

Positive Factors
Low LeverageVery low leverage gives Eniro financial flexibility and reduces exposure to interest costs, refinancing pressure, and cyclical earnings stress. This conservative balance-sheet position can support continued investment in digital services while preserving resilience if operating conditions remain uneven.
Negative Factors
Revenue DeclineFalling revenue signals weaker demand or reduced commercial traction across Eniro’s digital marketing services. If the decline persists, it could limit operating leverage, reduce the resources available for platform investment, and make it harder to rebuild stronger earnings growth over coming quarters.

Eniro Group AB Class A (ENRO) vs. iShares MSCI Sweden ETF (EWD)

-25%0%25%50%75%100%125%SE:ENRO+92.41%EWD+15.64%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
SEK 481.94M
Dividend Yield
7.05%
Average Volume (3M)
24.51K
Price to Earnings (P/E)
20.6
Beta (1Y)
0.74
Revenue Growth
-2.84%
EPS Growth
-59.42%
Country
Sweden
Employees
900
Sector
Communication Services
Sector Strength
60
Industry
Internet Content & Information

Eniro Group AB Class A Business Overview & Revenue Model

Company Description

Eniro Group AB operates as a software-as-a-service company in Sweden, Norway, Denmark, and Finland. The company provides a range of digital marketing services to small and medium-sized enterprises through partnerships and its own local search engines...

Eniro Group AB Class A Financial Statement Overview

Summary

Financial statements indicate a stable but mixed operating picture: profitability has turned positive again (TTM operating margin ~4.6%, net margin ~2.6%) and leverage is low (TTM debt-to-equity ~0.11). Offsetting this, TTM revenue declined (~-4.5%), margins are lower than stronger years, and free cash flow fell materially (~-27.8% TTM), making near-term momentum a key watch item.

Income Statement

62Positive

Balance Sheet

78Positive

Cash Flow

66Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue923.00M955.00M951.00M960.00M930.00M828.00M
Gross Profit114.00M51.00M851.00M296.00M846.00M738.00M
EBITDA92.00M119.00M144.00M85.00M139.00M16.00M
Net Income24.00M46.00M68.00M-4.00M48.00M-105.00M
Balance Sheet
Total Assets884.00M982.00M951.00M975.00M1.08B1.01B
Cash, Cash Equivalents and Short-Term Investments133.00M189.00M163.00M164.00M223.00M239.00M
Total Debt33.00M35.00M24.00M43.00M45.00M49.00M
Total Liabilities596.00M637.00M667.00M705.00M775.00M921.00M
Stockholders Equity287.00M344.00M283.00M269.00M305.00M81.00M
Cash Flow
Free Cash Flow52.00M75.00M109.00M35.00M42.00M52.00M
Operating Cash Flow67.00M90.00M109.00M52.00M62.00M71.00M
Investing Cash Flow-31.00M-32.00M-49.00M-16.00M-57.00M-19.00M
Financing Cash Flow-63.00M-29.00M-62.00M-91.00M-31.00M-27.00M

Eniro Group AB Class A Technical Analysis

Technical Analysis SentimentPositive
Last Price33.10

Price Trends

50DMA30.62Positive
100DMA28.90Positive
200DMA26.87Positive

Market Momentum

MACD0.34Positive
RSI53.15Neutral
STOCH19.17Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ENRO, the sentiment is Positive. The current price of 33.10 is below the 20-day moving average (MA) of 33.59, above the 50-day MA of 30.62, and above the 200-day MA of 26.87, indicating a neutral trend. The MACD of 0.34 indicates Positive momentum. The RSI at 53.15 is Neutral, neither overbought nor oversold. The STOCH value of 19.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:ENRO.

Eniro Group AB Class A Peers Comparison

Overall Rating

UnderperformOutperform
Sector (60)

Financial Indicators

SE:ENRO against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
SE:ACASTSE:ACAST69NeutralSEK 5.48B37.8211.62%―23.17%―
SE:ENROSE:ENRO66NeutralSEK 481.94M20.567.67%7.05%-2.84%-59.42%
SE:HEMSE:HEM63NeutralSEK 5.54B15.9838.14%3.11%-17.78%-32.66%
Sector *60Neutral$48.67B4.58-11.27%4.14%2.83%-41.78%
SE:NYORSE:NYOR57NeutralSEK 382.23M-24.23-4.06%―3.01%-146.93%
SE:CTMSE:CTM49NeutralSEK 247.33M-2.32-10.52%―7.50%66.55%
SE:BRIGHTSE:BRIGHT38UnderperformSEK 33.38M-0.18-239.15%―-22.11%-1.01%

* Communication Services Sector Average

Performance Comparison

-50%0%50%100%SE:ENROSE:CTMSE:HEMSE:ACASTSE:BRIGHTSE:NYORDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
SE:ENRO and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
SE:ENROEniro Group AB Class A33.1015.0483.25%
SE:CTMCatena Media plc3.171.3271.35%
SE:HEMHemnet Group AB61.05-115.61-65.44%
SE:ACASTAcast AB29.60-0.90-2.95%
SE:BRIGHTSpeqta AB0.16-0.12-42.39%
SE:NYORTradeDoubler AB6.800.324.94%

Eniro Group AB Class A Corporate Events

Eniro Repurchases 23,950 Shares After Third-Quarter Report

Nov 9, 2026

Eniro Group provides digital local marketing, searchability and communication solutions for small and medium-sized businesses. Operating across Sweden, Denmark, Finland and Norway, the Nasdaq Stockholm-listed company serves SMEs through a platform fo...

Eniro Reports First Organic Growth in More Than a Decade

Nov 5, 2026

Eniro Group, a Nordic marketing services company, provides Marketing Partner solutions and enterprise marketing services, including offerings strengthened by its Finnish business expansion. In the third quarter, continuing-operations sales rose to SE...

Eniro Group CFO Mario von Dahn to Depart in 2027 After Finance-Led Transformation

Oct 16, 2026

Eniro Group AB has announced that Chief Financial Officer Mario von Dahn will leave the company at the beginning of the second quarter of 2027, after serving in the role since August 2025 and remaining in post until April 2027 to allow for an orderly...

Eniro Calls Extraordinary Meeting to Approve SEK 36m Special Dividend

Oct 7, 2026

Eniro Group AB has called an Extraordinary General Meeting for November 4, 2026, in Solna, where shareholders will vote on an extraordinary cash dividend following the successful sale of Dynava in August 2026. The board proposes a dividend of SEK 2.5...

Eniro Unveils Extra Dividend and Cash-Flow-Based Payout Policy

Oct 7, 2026

Eniro’s board has proposed an extraordinary dividend of SEK 2.50 per share, or roughly SEK 36 million, and adopted a new dividend policy that will distribute 60 percent of annual cash flow from operating activities to shareholders. The move follows a...

Eniro steps up share buybacks ahead of Q3 earnings blackout

Oct 5, 2026

Eniro Group AB has continued its ongoing share buyback programme, repurchasing 13,448 of its own shares on Nasdaq Stockholm between 28 September and 2 October 2026 for a total of SEK 403,680 at a weighted average price of SEK 30.02. Following these t...

Eniro Steps Up Share Buybacks Under SEK 40 Million Programme

Sep 28, 2026

Eniro Group AB has continued its ongoing share buyback programme, repurchasing 65,900 shares on Nasdaq Stockholm between 21 and 25 September 2026 at a weighted average price of SEK 28.28, for a total consideration of about SEK 1.86 million. Following...

Eniro Expands Share Buyback Programme With New Repurchases on Nasdaq Stockholm

Sep 21, 2026

Eniro Group AB, a Stockholm-based digital marketing specialist for small and medium-sized enterprises, operates across Sweden, Denmark, Finland and Norway, providing platforms that enhance local visibility and digital searchability. Listed on Nasdaq...

Eniro Continues Share Buyback, Holding 2.7% of Own Stock

Sep 14, 2026

Eniro Group AB has repurchased 14,209 of its own shares on Nasdaq Stockholm between 7 and 11 September 2026 as part of a previously announced SEK 40 million share buyback programme running until March 2027. Following these transactions, Eniro now hol...

Eniro Completes Dynava Sale to Sharpen Focus on Digital Marketing

Aug 13, 2026

Eniro Group AB has completed the sale of its subsidiary Dynava Group AB to Servana AB, finalizing a divestment first announced on 11 August 2026. The transaction, which removes a unit that generated SEK 318 million in sales and about two-thirds of th...

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: Nov 13, 2026