Nordic Flanges Group AB (NFGAB) AI Stock Analysis

• Market Cap: kr19.96M
• Dividend Yield: N/A
• Average Volume (3M): 3.56K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.51
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: SE
• Employees: 95
• Sector: Industrials
• Sector Strength: 72
• Industry: Manufacturing - Metal Fabrication
• EPS (TTM): -1.92
• Shares Outstanding: 2,294,092
• 10 Day Avg. Volume: 687
• 30 Day Avg. Volume: 3,561
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: kr8.50
• Price Target Upside: 1.19% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: kr8.50 ▲(1.19% Upside)

Nordic Flanges Group AB's stock score is primarily impacted by its weak financial performance, characterized by declining revenue and profitability issues. Technical analysis suggests neutral momentum, while valuation metrics highlight concerns due to negative earnings and lack of dividends. Improvements in cash flow offer a slight positive outlook.

Nordic Flanges Group AB Business Overview & Revenue Model

Company Description

Nordic Flanges Group AB (publ) produces and sells industrial flanges in Sweden, rest of the Nordic region, and internationally. The company provides flange solutions and forged products in stainless steel, aluminum, and carbon steel. It offers stock flanges, collars, welding rings, and loose flanges, as well as special flanges and customer-specific products. The company was formerly known as Vinovo AB (publ) and changed its name to Nordic Flanges Group AB (publ) in March 2015. Nordic Flanges Group AB (publ) was founded in 1970 and is headquartered in Stockholm, Sweden.

How the Company Makes Money

Nordic Flanges Group AB generates revenue primarily through the manufacturing and sale of its flange and piping products. The company has established multiple revenue streams by catering to various industries that require specialized flange solutions, such as the oil and gas, chemical, and energy sectors. Additionally, NFGAB benefits from long-term partnerships and contracts with major industry players, which provide a steady stream of income. The company's focus on high-quality products and customer-specific solutions allows it to maintain a competitive edge, ensuring ongoing demand and financial stability. Besides direct sales, NFGAB may also engage in strategic collaborations and distribution agreements that expand its market reach and potential revenue sources.

Nordic Flanges Group AB Financial Statement Overview

Summary

Nordic Flanges Group AB faces significant challenges in improving profitability and financial stability. While there are some positive signs in cash flow improvement, high leverage and negative profitability metrics remain substantial risks. The company needs to focus on stabilizing revenue growth and improving bottom-line results to enhance its financial health.

Income Statement

The company's revenue has shown fluctuations, with a slight decrease in the TTM period compared to the previous year. Gross Profit Margin is relatively strong at around 36.4% for TTM, but the company faces significant profitability challenges with persistent negative net income and EBIT margins. Revenue growth has been inconsistent, and profitability remains a key concern.

Balance Sheet

The debt-to-equity ratio is quite high, indicating significant leverage, which poses a risk in times of financial instability. Equity ratio decreased significantly to around 13.9% in TTM, reflecting lower financial stability. Return on Equity is negative due to ongoing losses, highlighting profitability issues.

Cash Flow

The company has shown some improvement in operating cash flow in the TTM period, moving from negative to positive territory, which is a positive sign. However, free cash flow growth remains a challenge, and the free cash flow to net income ratio is weak due to ongoing losses. Cash flow stability is still a concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	229.61M	228.78M	272.87M	238.50M	191.26M	189.20M
Gross Profit	117.53M	119.53M	126.98M	119.16M	108.45M	105.09M
EBITDA	-496.00K	1.08M	468.00K	7.90M	1.45M	4.11M
Net Income	-18.76M	-19.76M	-19.36M	-7.68M	-12.03M	-12.21M
Balance Sheet
Total Assets	115.43M	127.97M	129.53M	144.51M	130.70M	112.17M
Cash, Cash Equivalents and Short-Term Investments	10.66M	11.10M	4.23M	5.45M	5.79M	3.83M
Total Debt	40.22M	47.33M	47.63M	54.85M	51.14M	35.74M
Total Liabilities	99.26M	105.48M	110.55M	105.89M	101.25M	71.90M
Stockholders Equity	16.17M	22.49M	18.98M	38.61M	29.45M	40.27M
Cash Flow
Free Cash Flow	5.94M	-2.60M	-4.02M	-20.12M	-12.18M	11.94M
Operating Cash Flow	8.58M	-845.00K	6.74M	-9.73M	2.86M	14.95M
Investing Cash Flow	-2.10M	-815.00K	-9.81M	-10.39M	-15.03M	-3.01M
Financing Cash Flow	419.00K	8.52M	1.85M	15.61M	14.14M	-8.16M

Nordic Flanges Group AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 8.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NFGAB, the sentiment is Negative. The current price of 8.4 is above the 20-day moving average (MA) of 8.26, below the 50-day MA of 8.89, and below the 200-day MA of 11.39, indicating a neutral trend. The MACD of -0.03 indicates Negative momentum. The RSI at 48.11 is Neutral, neither overbought nor oversold. The STOCH value of 70.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:NFGAB.

Nordic Flanges Group AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
FNM	47 Neutral	kr672.13M	―	―	―	24.10%	-48.15%
NFGAB	46 Neutral	kr19.96M	―	―	―	―	―
FLEXQ	46 Neutral	kr138.06M	―	―	―	10.15%	59.45%
CI	41 Neutral	kr69.08M	―	―	―	-70.31%	52.58%