Nordisk Bergteknik AB Class B (NORB.B) AI Stock Analysis

• Market Cap: €681.13M
• Dividend Yield: N/A
• Average Volume (3M): 32.03K
• Price to Earnings (P/E): 53.6
• Beta (1Y): -0.05
• Revenue Growth: 2.41%
• EPS Growth: N/A
• Country: SE
• Employees: 1,123
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): 0.33
• Shares Outstanding: 57,237,865
• 10 Day Avg. Volume: 20,463
• 30 Day Avg. Volume: 32,035
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 58 Neutral
• Price Target: kr12.50 ▲(3.73% Upside)

Nordisk Bergteknik AB's overall stock score is primarily influenced by its strong revenue growth and improving cash flow, which are offset by challenges in profitability and high leverage. The technical analysis suggests a neutral market sentiment, while the high P/E ratio indicates potential overvaluation. The absence of earnings call data and corporate events means these factors do not impact the score.

Nordisk Bergteknik AB Class B Business Overview & Revenue Model

Company Description

Nordisk Bergteknik AB Class B (NORB.B) is a Swedish company specializing in rock and mineral exploration and development. Operating primarily in the mining and construction sectors, the company offers a range of services including drilling, blasting, and mineral extraction. With a focus on sustainable practices and innovative technology, Nordisk Bergteknik aims to optimize resource recovery while minimizing environmental impact, catering to both domestic and international markets.

How the Company Makes Money

Nordisk Bergteknik generates revenue through its core services of drilling and blasting for mining and construction projects. The company typically charges clients on a project basis, which includes fees for labor, equipment usage, and materials. Key revenue streams include contracts with mining companies for exploration services and ongoing partnerships with construction firms requiring excavation and material handling. Additionally, the company may engage in joint ventures or strategic alliances with other firms in the resource sector, expanding its service offerings and market reach, which can contribute to increased earnings. Overall, the company's focus on efficiency and sustainability helps to differentiate it in a competitive market, potentially leading to higher profit margins.

Nordisk Bergteknik AB Class B Financial Statement Overview

Summary

Nordisk Bergteknik AB shows strong revenue growth and improving cash flow generation. However, challenges in profitability and high leverage are significant concerns. The company's ability to manage costs and improve profit margins will be crucial for future financial health.

Income Statement

Nordisk Bergteknik AB shows a mixed performance in its income statement. The TTM (Trailing-Twelve-Months) revenue growth rate is strong at 46.7%, indicating robust top-line expansion. However, the gross profit margin has significantly decreased to 31.6% from previous higher levels, suggesting increased cost pressures. The net profit margin remains low at 0.62%, reflecting challenges in translating revenue growth into bottom-line profitability. The EBIT and EBITDA margins are stable, but overall profitability remains a concern.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 1.29 in the TTM, indicating significant leverage which could pose financial risk. Return on equity is low at 1.72%, suggesting inefficient use of equity capital. The equity ratio stands at 35.6%, showing a moderate level of equity financing. While the company has managed to maintain its equity base, the high leverage could limit financial flexibility.

Cash Flow

Cash flow analysis shows a positive trend with a substantial free cash flow growth rate of 101.02% in the TTM, indicating improved cash generation. The operating cash flow to net income ratio is 3.11, suggesting strong cash conversion from earnings. However, the free cash flow to net income ratio is relatively low at 0.16, highlighting potential challenges in sustaining free cash flow levels. Overall, cash flow management appears to be improving.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.40B	3.31B	3.53B	3.40B	1.92B	1.58B
Gross Profit	1.56B	2.03B	144.60M	1.92B	1.14B	947.50M
EBITDA	432.50M	442.90M	460.50M	483.00M	267.60M	134.09M
Net Income	12.70M	9.60M	40.40M	144.40M	44.70M	13.20M
Balance Sheet
Total Assets	3.44B	3.41B	3.55B	3.38B	2.24B	1.32B
Cash, Cash Equivalents and Short-Term Investments	43.30M	122.90M	124.10M	254.90M	455.80M	72.70M
Total Debt	1.54B	1.54B	1.53B	1.40B	805.60M	698.80M
Total Liabilities	2.22B	2.19B	2.33B	2.13B	1.27B	1.01B
Stockholders Equity	1.23B	1.23B	1.21B	1.22B	947.30M	286.30M
Cash Flow
Free Cash Flow	78.80M	90.60M	50.10M	300.00K	-28.40M	-60.00M
Operating Cash Flow	306.10M	322.00M	291.60M	267.60M	122.70M	54.80M
Investing Cash Flow	-164.70M	-154.80M	-281.40M	-405.40M	-263.20M	-108.90M
Financing Cash Flow	-135.90M	-163.10M	-153.90M	-53.40M	514.60M	-53.40M

Nordisk Bergteknik AB Class B Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NORB.B, the sentiment is Positive. The current price of 12.05 is above the 20-day moving average (MA) of 11.97, above the 50-day MA of 11.71, and above the 200-day MA of 11.76, indicating a bullish trend. The MACD of 0.07 indicates Positive momentum. The RSI at 52.11 is Neutral, neither overbought nor oversold. The STOCH value of 57.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:NORB.B.

Nordisk Bergteknik AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BYGGP	70 Outperform	kr1.41B	17.14	―	1.59%	-2.11%	74.17%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
NORB.B	58 Neutral	€681.13M	53.63	1.08%	―	2.41%	―
FG	55 Neutral	kr1.63B	189.47	―	5.73%	3.60%	-100.91%
ELTEL	44 Neutral	€1.37B	―	-1.65%	―	-6.41%	90.48%
WBGR.B	41 Neutral	kr546.05M	-0.88	-44.27%	―	14.09%	-55.78%

Nordisk Bergteknik AB Class B Corporate Events

Nordisk Bergteknik Partners with Oden for Major Housing Projects in Norway

Nordisk Bergteknik has signed a strategic partnership with Norwegian housing company Oden to act as the main contractor for foundation and concrete projects in Oden’s land bank development, which could result in nearly 1,000 homes over nine phases. This agreement offers Nordisk Bergteknik significant project access without additional tender processes, potentially creating a strong order backlog and enhancing their market presence in the Vestfold region of Norway, with an estimated contract value of over NOK 1 billion.

The most recent analyst rating on ($SE:NORB.B) stock is a Hold with a SEK12.00 price target. To see the full list of analyst forecasts on Nordisk Bergteknik AB Class B stock, see the SE:NORB.B Stock Forecast page.

Nordisk Bergteknik to Unveil Strategic Insights at Upcoming Presentation

Nordisk Bergteknik is hosting a comprehensive company presentation on November 27, 2025, in Stockholm, where the CEO and management team will discuss the company’s operations, strategic direction, market position, and financial outlook. This event provides an opportunity for stakeholders to gain insights into the company’s future plans and market positioning, potentially impacting its operations and industry standing.

The most recent analyst rating on ($SE:NORB.B) stock is a Hold with a SEK12.00 price target. To see the full list of analyst forecasts on Nordisk Bergteknik AB Class B stock, see the SE:NORB.B Stock Forecast page.