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Exsitec Holding AB
(EXS)
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Rating:68Neutral
Price Target:
kr120.00
▼(-21.82% Downside)
Action:Downgraded
Date:10/21/26
The score is driven primarily by solid underlying financial performance (healthy margins and generally supportive cash generation), tempered by slowing TTM growth, rising leverage, and weakening TTM free-cash-flow growth. Technicals are currently mixed-to-bearish (negative MACD and trading below key moving averages), while valuation is moderate with a modest dividend yield.
Positive Factors
Multi-year revenue growth
The sustained increase in revenue across 2022 through the TTM period demonstrates that Exsitec has continued expanding its business over several years. This provides a durable foundation for customer growth, recurring service opportunities, and continued investment in its consulting and software capabilities.
Negative Factors
Slowing revenue growth
The sharp moderation in TTM revenue growth suggests that Exsitec is currently expanding more slowly than in earlier periods. Slower top-line progress can limit operating leverage, reduce the pace of customer and service-base expansion, and make sustained earnings growth more dependent on margins.
Read all positive and negative factors
Positive Factors
Negative Factors
Multi-year revenue growth
The sustained increase in revenue across 2022 through the TTM period demonstrates that Exsitec has continued expanding its business over several years. This provides a durable foundation for customer growth, recurring service opportunities, and continued investment in its consulting and software capabilities.
Read all positive factors
Exsitec Holding AB (EXS) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr1.61B
Dividend Yield1.59%
Average Volume (3M)26.01K
Price to Earnings (P/E)25.4
Beta (1Y)0.48
Revenue Growth9.08%
EPS Growth-14.10%
CountrySE
Employees700
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)4.70
Shares Outstanding13,449,306
10 Day Avg. Volume17,334
30 Day Avg. Volume26,013
Financial Highlights & Ratios
PEG Ratio0.53
Price to Book (P/B)4.04
Price to Sales (P/S)2.30
P/FCF Ratio13.94
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)6.72
Revenue Forecast (FY)kr1.04B
Exsitec Holding AB Business Overview & Revenue Model
Company Description
Exsitec Holding AB (publ) specializes in delivering a diverse array of software and services aimed at supporting business operations throughout the Nordic region. Their comprehensive offerings encompass solutions for enterprise resource planning, ...
How the Company Makes Money
Exsitec makes money primarily by delivering and supporting business software solutions for customers, typically SMBs, and charging for a mix of professional services and recurring services tied to the software environments it implements. Key reven...
Exsitec Holding AB Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
70
Positive
Cash Flow
73
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 962.58M | 894.94M | 811.35M | 751.27M | 656.58M | 536.04M |
| Gross Profit | 188.74M | 119.67M | 231.94M | 228.90M | 179.64M | 135.07M |
| EBITDA | 181.67M | 190.65M | 150.74M | 148.36M | 120.35M | 82.51M |
| Net Income | 63.15M | 85.88M | 59.12M | 70.82M | 56.12M | -22.07M |
Balance Sheet | ||||||
| Total Assets | 1.42B | 1.12B | 1.14B | 805.24M | 748.79M | 551.12M |
| Cash, Cash Equivalents and Short-Term Investments | 53.99M | 54.07M | 26.49M | 51.35M | 46.26M | 82.78M |
| Total Debt | 463.27M | 355.79M | 389.66M | 150.63M | 163.74M | 143.79M |
| Total Liabilities | 875.06M | 612.00M | 679.29M | 390.23M | 384.98M | 320.25M |
| Stockholders Equity | 548.06M | 508.92M | 456.04M | 415.01M | 363.82M | 230.86M |
Cash Flow | ||||||
| Free Cash Flow | 149.78M | 147.36M | 56.50M | 96.42M | 84.26M | 43.76M |
| Operating Cash Flow | 152.80M | 152.73M | 89.29M | 106.37M | 90.10M | 47.05M |
| Investing Cash Flow | -176.36M | -25.06M | -285.14M | -17.63M | -84.53M | -314.48M |
| Financing Cash Flow | 35.03M | -91.63M | 170.93M | -82.52M | -43.65M | 215.51M |
Exsitec Holding AB Technical Analysis
Positive
153.50
Price Trends
114.66
Positive
109.28
Positive
112.48
Positive
Market Momentum
0.10
Negative
66.88
Neutral
81.62
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:EXS, the sentiment is Positive. The current price of 153.5 is above the 20-day moving average (MA) of 110.75, above the 50-day MA of 114.66, and above the 200-day MA of 112.48, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 66.88 is Neutral, neither overbought nor oversold. The STOCH value of 81.62 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:EXS.
Exsitec Holding AB Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | kr3.91B | 16.83 | 21.32% | 1.67% | 3.73% | 55.91% | |
68 Neutral | kr1.61B | 25.43 | 11.71% | 1.59% | 9.08% | -14.10% | |
66 Neutral | kr1.01B | 13.55 | 26.28% | 7.02% | 10.87% | -1.59% | |
64 Neutral | kr8.99B | 23.58 | 13.08% | 1.75% | 4.71% | -1.34% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
57 Neutral | kr3.18B | -11.55 | -7.43% | 2.11% | -5.94% | -382.16% | |
46 Neutral | kr2.17B | -2.74 | ― | 1.15% | 2.94% | 83.00% |
* Technology Sector Average
SE:EXS
Exsitec Holding AB
119.50
-36.35
-23.32%
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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.