Want to see SE:NAXS full AI Analyst Report?
NAXS AB (NAXS) AI Stock Analysis
NAXS AB
(Nasdaq OMX AB:NAXS)
The score is primarily constrained by weak profitability and negative operating and free cash flow. A debt-free balance sheet provides structural stability, while mixed technical signals and a negative P/E ratio offer limited support. The weighted score is 44.5, rounded to 45.
NAXS AB (NAXS) vs. iShares MSCI Sweden ETF (EWD)
- Market Cap
- SEK 384.33M
- Dividend Yield
- 50.99%
- Average Volume (3M)
- 5,486
- Price to Earnings (P/E)
- 8.2
- Beta (1Y)
- 0.58
- Revenue Growth
- -100.00%
- EPS Growth
- ―
- Country
- Sweden
- Employees
- 1
- Sector
- General
- Sector Strength
- 55
- Industry
- Asset Management
NAXS AB Business Overview & Revenue Model
Company Description
NAXS AB (publ) operates as an investment company, concentrating its efforts on indirect investments, particularly through fund of funds strategies and secondary market acquisitions. The firm explicitly avoids direct placements in pure debt instrument...
How the Company Makes Money
NAXS makes money primarily through investment returns generated by its portfolio of private equity fund interests and related private equity investments. Its main economic inflows typically come from (1) distributions and proceeds received when under...
NAXS AB Financial Statement Overview
Summary
Weak recent operating performance and cash generation weigh heavily: income statement score 21.0 and cash flow score 24.0. The debt-free balance sheet and substantial equity base provide support, reflected in the 68.0 balance sheet score.
Income Statement
21NegativeBalance Sheet
68PositiveCash Flow
24Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -33.00M | -156.00K | -58.83M | 12.13M | 187.34M | 186.42M |
| Gross Profit | -49.27M | -23.44M | -61.49M | 9.61M | 185.98M | 183.80M |
| EBITDA | -126.86M | -27.89M | -66.57M | 4.36M | 180.09M | 177.41M |
| Net Income | -124.91M | -25.77M | -66.58M | 4.35M | 180.08M | 177.41M |
Balance Sheet | ||||||
| Total Assets | 528.11M | 566.41M | 809.88M | 923.76M | 960.67M | 824.41M |
| Cash, Cash Equivalents and Short-Term Investments | 61.67M | 65.88M | 203.60M | 209.23M | 211.67M | 265.52M |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 1.09M | 10.07M | 1.47M | 1.70M | 1.42M | 1.56M |
| Stockholders Equity | 527.02M | 556.35M | 808.41M | 922.07M | 959.25M | 822.86M |
Cash Flow | ||||||
| Free Cash Flow | -20.33M | -13.21M | -10.11M | -9.52M | -14.30M | -10.24M |
| Operating Cash Flow | -20.33M | -13.21M | -10.11M | -9.52M | -14.30M | -10.24M |
| Investing Cash Flow | 134.62M | 101.66M | 51.67M | 48.60M | 4.14M | 89.92M |
| Financing Cash Flow | -250.87M | -226.13M | -47.08M | -41.54M | -43.68M | -33.46M |
NAXS AB Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NAXS, the sentiment is Positive. The current price of 35.30 is above the 20-day moving average (MA) of 34.42, above the 50-day MA of 34.04, and below the 200-day MA of 35.53, indicating a neutral trend. The MACD of 0.24 indicates Negative momentum. The RSI at 59.32 is Neutral, neither overbought nor oversold. The STOCH value of 46.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:NAXS.
NAXS AB Peers Comparison
Overall Rating
SE:VO264Neutral- SE:NAXS45Neutral
SE:VEFAB45Neutral
SE:ATIN39Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| SE:VO2 | 64Neutral | SEK 114.13M | 8.05 | 7.94% | ― | 2.01% | ― |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| SE:NAXS | 45Neutral | SEK 355.01M | 8.21 | ― | 50.99% | -100.00% | ― |
| SE:VEFAB | 45Neutral | SEK 1.77B | 55.70 | ― | ― | ― | ― |
| SE:ATIN | 39Underperform | SEK 347.36M | -7.83 | ― | ― | -57.62% | 19.14% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SE:NAXS | NAXS AB | 35.30 | -0.25 | -0.69% | |
| SE:VO2 | Vo2 Cap Holding AB | 1.96 | -0.15 | -7.35% | |
| SE:MTI | MTI Investment AB | 0.60 | -0.28 | -31.64% | |
| SE:ATIN | Athanase Innovation AB | 18.00 | 1.20 | 7.14% | |
| SE:VEFAB | VEF AB | 1.69 | -0.44 | -20.66% | |
| SE:BMC | Brock Milton Capital AB | 94.60 | -12.06 | -11.31% |
NAXS AB Corporate Events
NAXS AB expands share buyback to bolster capital management and shareholder value
NAXS AB, a Stockholm-listed investment company specializing in Nordic private equity, aims to deliver enhanced shareholder returns by actively managing its portfolio and selectively deploying capital. The company offers public market investors access...
NAXS co-invests SEK 5 million in Mimir’s carve-out of metal powder specialist Osprey
NAXS AB has invested SEK 5 million alongside Stockholm-based carve-out specialist Mimir in Osprey, a global platform in gas-atomised metal powders carved out from Sandvik. The deal gives NAXS exposure to a world-leading supplier of critical powder me...
NAXS Steps Up Share Buybacks to Fine-Tune Capital Structure
NAXS AB has repurchased 6,075 of its own shares on Nasdaq Stockholm between 28 September and 2 October 2026 under an ongoing share buyback program. The transactions, executed by Pareto Securities AB in compliance with EU market abuse and safe harbour...
NAXS Expands Share Buyback to Bolster Capital Flexibility and Shareholder Value
NAXS AB has continued its share repurchase program, buying 7,314 of its own shares on Nasdaq Stockholm between 21 and 25 September 2026 through Pareto Securities, which executes trades independently. The program aims to provide capital management fle...
NAXS expands share buyback to bolster capital efficiency and shareholder value
NAXS AB has continued its ongoing share repurchase program, buying 5,918 of its own shares on Nasdaq Stockholm between 14 and 18 September 2026 through Pareto Securities, which executes trades independently of the company. The buybacks are intended t...
NAXS lifts estimated NAV after major fund valuation upgrade
NAXS AB reported a substantial upward revision in the valuation of one of its private equity fund investments, delivering a material boost to its estimated net asset value. Based on figures communicated by the fund manager, NAXS calculates that this...
NAXS Deepens Defence Technology Exposure with SEK 9 Million Euroatlas Co-Investment
NAXS AB has made a SEK 9 million co-investment in Euroatlas Holding GmbH, a German defence technology company active in underwater autonomy, power electronics, vision systems and counter-drone solutions. The deal is structured through Mimir EA Holdin...
NAXS Steps Up Share Buybacks to Boost Capital Efficiency and Shareholder Value
NAXS AB has continued to execute its share repurchase program, buying 3,526 shares on Nasdaq Stockholm between 7 and 11 September 2026 as part of a broader strategy to optimize capital management and support shareholder value. The company uses the bu...
NAXS expands share buyback to bolster capital structure and shareholder value
NAXS AB, a Stockholm-listed investment company specializing in Nordic private equity, seeks to generate long-term shareholder value by optimizing its current holdings and selectively investing in new opportunities. The company’s strategy center...
NAXS Steps Up Share Buybacks to Fine-Tune Capital Structure
NAXS AB, a Stockholm-listed investment company specializing in Nordic private equity, continues to pursue an active capital management strategy to enhance shareholder value. The firm focuses on extracting value from its current portfolio while select...
NAXS Launches Portfolio Spotlight Series to Boost Investor Transparency
NAXS AB will start publishing short online “spotlights” on selected holdings to give shareholders greater visibility into its Nordic private equity portfolio. Each spotlight will highlight an individual company or a specific transaction,...
NAXS AB Swings to First-Half Loss as NAV Declines and Private Equity Exposure Remains High
NAXS AB reported a net loss of MSEK 23.9 for the first half of 2026, reversing a profit of MSEK 50.9 a year earlier, with earnings per share falling to SEK -2.19 and net asset value declining to MSEK 506, or SEK 46.37 per share. Net cash also decreas...
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: Oct 12, 2026