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Kentima Holding AB Class B
(KENH)
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Rating:67Neutral
Price Target:
kr3.00
▼(-1.32% Downside)
Action:Downgraded
Date:09/25/26
The score is primarily supported by improved recent fundamentals—very strong TTM revenue growth, positive margins, solid cash generation, and low leverage. It is held back by material margin and cash-flow volatility across years, and a mixed/neutral technical picture with weaker short-term momentum and only modest MACD strength. Valuation is mid-range at ~20x earnings with no dividend yield data to add support.
Positive Factors
Strong revenue growth
Very strong TTM revenue growth indicates expanding demand for Kentima’s industrial automation and digitalization offerings. Combined with positive profitability, this provides a stronger base for reinvestment, customer expansion, and sustained business development over the next several quarters.
Negative Factors
Volatile margins
The sharp variation in profitability and gross margin makes recent earnings power less predictable. Although the latest period is profitable, weaker margins after previously higher levels may reflect changing business mix or cost pressure, limiting confidence in sustainable returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue growth
Very strong TTM revenue growth indicates expanding demand for Kentima’s industrial automation and digitalization offerings. Combined with positive profitability, this provides a stronger base for reinvestment, customer expansion, and sustained business development over the next several quarters.
Read all positive factors
Kentima Holding AB Class B (KENH) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr75.82M
Dividend YieldN/A
Average Volume (3M)9.05K
Price to Earnings (P/E)18.9
Beta (1Y)-0.44
Revenue Growth20.56%
EPS Growth57.70%
CountrySE
Employees32
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)0.14
Shares Outstanding28,162,111
10 Day Avg. Volume8,863
30 Day Avg. Volume9,050
Financial Highlights & Ratios
PEG Ratio-0.03
Price to Book (P/B)2.04
Price to Sales (P/S)1.03
P/FCF Ratio8.42
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)0.06
Revenue Forecast (FY)kr78.10M
Kentima Holding AB Class B Business Overview & Revenue Model
Company Description
Kentima Holding AB (publ), a Swedish company based in Staffanstorp, specializes in the development, manufacturing, and distribution of advanced solutions for the automation and security sectors. Their product portfolio includes WideQuick HMI/SCADA...
How the Company Makes Money
Kentima makes money primarily by selling its own industrial automation and visualization products and by delivering related solutions and services to industrial customers. Revenue is typically generated through: (1) product sales of proprietary so...
Kentima Holding AB Class B Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
78
Positive
Cash Flow
70
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 74.85M | 72.95M | 54.21M | 61.13M | 63.37M | 59.83M |
| Gross Profit | 13.58M | 6.56M | 32.85M | 36.34M | 34.12M | 30.00M |
| EBITDA | 9.60M | 11.01M | -448.00K | 7.90M | 6.65M | 7.82M |
| Net Income | 4.03M | 6.35M | -2.22M | 1.68M | 1.25M | 3.06M |
Balance Sheet | ||||||
| Total Assets | 55.37M | 54.28M | 49.84M | 51.55M | 48.80M | 43.33M |
| Cash, Cash Equivalents and Short-Term Investments | 132.00K | 351.00K | 513.00K | 657.00K | 281.00K | 555.00K |
| Total Debt | 5.53M | 3.93M | 8.27M | 10.20M | 8.87M | 3.46M |
| Total Liabilities | 18.31M | 17.36M | 19.28M | 18.76M | 17.70M | 13.48M |
| Stockholders Equity | 37.06M | 36.91M | 30.57M | 32.79M | 31.11M | 3.24M |
Cash Flow | ||||||
| Free Cash Flow | 9.69M | 8.93M | 7.88M | -950.00K | -5.69M | -1.87M |
| Operating Cash Flow | 9.86M | 9.04M | 8.30M | 5.75M | -173.00K | -1.80M |
| Investing Cash Flow | -5.09M | -5.11M | -6.51M | -6.70M | -5.51M | -5.05M |
| Financing Cash Flow | -4.68M | -4.10M | -1.93M | 1.33M | 5.41M | 5.70M |
Kentima Holding AB Class B Technical Analysis
Negative
3.04
Price Trends
2.73
Negative
2.68
Negative
2.69
Negative
Market Momentum
-0.03
Positive
39.30
Neutral
42.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:KENH, the sentiment is Negative. The current price of 3.04 is above the 20-day moving average (MA) of 2.77, above the 50-day MA of 2.73, and above the 200-day MA of 2.69, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 39.30 is Neutral, neither overbought nor oversold. The STOCH value of 42.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:KENH.
Kentima Holding AB Class B Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | kr75.82M | 18.87 | 11.06% | ― | 20.56% | 57.70% | |
67 Neutral | kr56.81M | 16.40 | ― | ― | 0.62% | 226.67% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | kr151.66M | 70.44 | ― | ― | 2.14% | 95.71% | |
50 Neutral | kr31.24M | -18.29 | -351.08% | ― | -13.56% | 96.77% | |
49 Neutral | kr35.30M | -36.98 | -853.33% | ― | -8.48% | 94.22% | |
45 Neutral | kr137.55M | -1.90 | -18.04% | ― | -19.38% | -78.61% |
* Technology Sector Average
SE:KENH
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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.