Fasadgruppen Group AB (FG) AI Stock Analysis

Fasadgruppen Group AB

(Nasdaq OMX AB:FG)

Select Model

Rating:41Neutral

Price Target:SEK 14.00▼(-5.79% Downside)

Action:reiterated

Date:08/27/26

The overall score of 41 reflects a company in a deep operational crisis. The most significant factor is the severe deterioration in financial performance, marked by collapsing revenues and a structural collapse in gross margins that has driven the company into unprofitability. This is compounded by a bearish technical trend, with the stock trading below all major moving averages and exhibiting strong downward momentum. The negative P/E ratio further underscores the lack of earnings-based valuation support. While the balance sheet has reduced leverage and the company still generates positive cash flow, these stabilizing factors are insufficient to offset the overwhelming weakness in the core business.

Positive Factors

Positive cash generationPositive operating and free cash flow despite reported losses indicates the group is converting activity into cash rather than relying solely on accounting earnings. This supports debt service, reinvestment and resilience while profitability is being repaired, although the recent decline warrants monitoring.

Negative Factors

Sharp revenue decline and lossesThe sharp TTM revenue contraction and return to losses signal materially weaker operating conditions than in prior years. If this persists, lower scale can reduce overhead absorption, weaken internal funding capacity and make recovery dependent on renewed project volume and improved execution.

Fasadgruppen Group AB (FG) vs. iShares MSCI Sweden ETF (EWD)

Market Cap: SEK 1.30B
Dividend Yield: ―
Average Volume (3M): 104.22K
Price to Earnings (P/E): -5.4
Beta (1Y): 0.15
Revenue Growth: 1.11%
EPS Growth: -9880.65%
Country: Sweden
Employees: 2,118
Sector: General
Sector Strength: 55
Industry: Engineering & Construction

Fasadgruppen Group AB Business Overview & Revenue Model

Company Description

Fasadgruppen Group AB (publ) is a comprehensive facade solutions provider with operations across Sweden and the Nordic region. The company specializes in a wide array of plastering services, encompassing decorative elements like rustings, moldings, a...

How the Company Makes Money

FG makes money primarily by delivering contracted building-envelope projects and related services, earning revenue when it performs and completes façade and exterior works for customers. Its revenue model is largely project- and service-based and typ...

Fasadgruppen Group AB Financial Statement Overview

Summary

Financial performance is under severe stress. Revenue has contracted sharply (-47.8% TTM) and gross margins have collapsed to 11.6% from historical levels near 48%, pushing the company into a net loss. While the balance sheet shows improved leverage (debt-to-equity 0.78x) and positive free cash flow persists, the deteriorating cash flow trend (-23.2% TTM) and deeply negative return on equity (-6.0%) signal a profitability crisis that overshadows the relative stability.

Income Statement

18Very Negative

Balance Sheet

55Neutral

Cash Flow

42Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.24B	5.45B	4.93B	5.11B	4.55B	2.68B
Gross Profit	609.50M	75.70M	2.41B	2.43B	2.12B	1.31B
EBITDA	368.40M	443.70M	355.60M	517.70M	498.80M	334.80M
Net Income	-133.50M	-116.10M	600.00K	219.20M	271.90M	185.70M
Balance Sheet
Total Assets	6.72B	6.40B	7.06B	5.21B	5.05B	3.35B
Cash, Cash Equivalents and Short-Term Investments	422.90M	423.60M	482.30M	467.60M	452.60M	271.60M
Total Debt	2.04B	2.37B	2.62B	1.71B	1.73B	1.16B
Total Liabilities	4.10B	4.36B	4.73B	3.03B	2.96B	2.08B
Stockholders Equity	2.60B	2.03B	2.33B	2.18B	2.09B	1.27B
Cash Flow
Free Cash Flow	265.40M	312.20M	178.60M	429.70M	255.70M	154.50M
Operating Cash Flow	362.80M	418.50M	285.40M	529.10M	312.80M	201.70M
Investing Cash Flow	-97.40M	-139.60M	-838.70M	-216.40M	-973.00M	-669.00M
Financing Cash Flow	-317.10M	-308.40M	563.30M	-284.30M	832.00M	325.60M

Fasadgruppen Group AB Technical Analysis

Technical Analysis SentimentNegative

Last Price14.86

Price Trends

50DMA16.61Negative

100DMA18.29Negative

200DMA19.50Negative

Market Momentum

MACD-0.70Negative

RSI46.18Neutral

STOCH83.33Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:FG, the sentiment is Negative. The current price of 14.86 is below the 20-day moving average (MA) of 14.89, below the 50-day MA of 16.61, and below the 200-day MA of 19.50, indicating a bearish trend. The MACD of -0.70 indicates Negative momentum. The RSI at 46.18 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:FG.

Fasadgruppen Group AB Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

SE:FG against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SE:BRAV	83Outperform	SEK 31.73B	21.03	―	2.45%	4.26%	30.00%
SE:BYGGP	76Outperform	SEK 1.68B	9.30	―	2.03%	23.00%	66.32%
SE:INSTAL	67Neutral	SEK 10.81B	21.18	15.56%	1.24%	8.64%	96.94%
SE:PEAB.B	65Neutral	SEK 26.84B	11.73	13.52%	3.57%	3.75%	38.40%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
SE:NCC.B	50Neutral	SEK 16.04B	228.23	1.00%	5.90%	-10.38%	-95.01%
SE:FG	41Neutral	SEK 1.30B	-5.36	―	―	1.11%	-9880.65%

* General Sector Average

Performance Comparison

SE:FG and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SE:FG	Fasadgruppen Group AB	14.86	-9.59	-39.22%
SE:NCC.B	NCC AB	180.30	-26.28	-12.72%
SE:PEAB.B	Peab AB	92.55	19.06	25.94%
SE:INSTAL	Instalco AB	40.24	16.15	67.05%
SE:BRAV	Bravida Holding AB	155.00	78.44	102.45%
SE:BYGGP	ByggPartner Gruppen AB	37.00	5.35	16.91%

Fasadgruppen Group AB Corporate Events

Fasadgruppen Postpones Planned Bond Issue Amid Uncertain Market Conditions

Oct 15, 2026

Fasadgruppen Group AB has decided not to proceed with a planned senior secured bond issue after exploring market conditions and holding discussions with a broad set of investors. The board, advised by its consultants, concluded that current environme...

Fasadgruppen Names Magnus Blomberg Permanent CFO

Oct 5, 2026

Fasadgruppen has appointed Magnus Blomberg as its permanent Chief Financial Officer after he served as Acting CFO since June 2026, building on his prior roles as Group Controller and Head of Investor Relations. Acting CEO and President Eva Torberger...

Fasadgruppen Weighs SEK 1.25 Billion Bond Issue to Refinance Debt and Back Growth

Sep 28, 2026

Fasadgruppen plans to strengthen its financing structure by exploring the issuance of senior secured bonds with a four‑year tenor and an expected volume of SEK 1,250 million under a SEK 2,500 million framework. The proceeds are intended to refi...

Fasadgruppen Names Eva Torberger Acting CEO as Leadership Transition Begins

Aug 21, 2026

Fasadgruppen has appointed Eva Torberger as acting President and CEO, replacing Martin Jacobsson, who is stepping down from the role. Torberger, who brings extensive senior leadership experience from major construction companies Skanska and NCC, is e...

Fasadgruppen Turns Corner After Weak Start as Order Backlog and Profit Climb

Aug 20, 2026

Fasadgruppen reported a 1.8 percent drop in second-quarter net sales to SEK 1,409.5 million and lower EBITA and margins, but profit for the period more than doubled to SEK 53.9 million, supported by reduced amortization and lower interest costs. Desp...

Fasadgruppen schedules webcast for January–June 2026 interim report

Aug 14, 2026

Fasadgruppen Group AB will publish its interim report for the period January to June 2026 on 20 August 2026 at 07:30 CEST. The company, a Stockholm-listed consolidator of specialist firms in exterior property work, continues to highlight its focus on...

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: Aug 27, 2026

Fasadgruppen Group AB AI Stock Analysis