Want to see SE:NYOR full AI Analyst Report?
Top Page
TradeDoubler AB
(NYOR)
Select Model
Select Model
Rating:55Neutral
Price Target:
kr6.50
▼(-4.69% Downside)
Action:Reiterated
Date:08/10/26
The score is held up primarily by strong revenue momentum, solid cash generation, and manageable leverage, but is weighed down by recurring net losses and weak technical trend signals (below key moving averages with negative MACD). Valuation is also less supportive due to the negative P/E and the absence of a stated dividend yield.
Positive Factors
Sustained Revenue Growth
Consistent ~25% TTM revenue growth indicates expanding market traction in performance marketing and a growing advertiser/publisher base. Durable top-line expansion supports scale economics, deeper platform adoption, and provides a foundation for margin improvement and reinvestment over months.
Negative Factors
Inconsistent Profitability
Earnings have been volatile, with net income returning to losses in recent periods. This uneven bottom-line performance undermines earnings quality and predictability, complicates planning, and can constrain reinvestment and ability to convert revenue growth into stable, recurring profits.
Read all positive and negative factors
Positive Factors
Negative Factors
Sustained Revenue Growth
Consistent ~25% TTM revenue growth indicates expanding market traction in performance marketing and a growing advertiser/publisher base. Durable top-line expansion supports scale economics, deeper platform adoption, and provides a foundation for margin improvement and reinvestment over months.
Read all positive factors
TradeDoubler AB (NYOR) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr368.74M
Dividend Yield1.85%
Average Volume (3M)36.82K
Price to Earnings (P/E)―
Beta (1Y)0.52
Revenue Growth2.62%
EPS Growth-235.03%
CountrySE
Employees344
SectorCommunication Services
Sector Strength97
IndustryAdvertising Agencies
Share Statistics
EPS (TTM)-0.26
Shares Outstanding61,236,600
10 Day Avg. Volume20,073
30 Day Avg. Volume36,818
Financial Highlights & Ratios
PEG Ratio-3.06
Price to Book (P/B)1.04
Price to Sales (P/S)0.18
P/FCF Ratio3.26
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)0.67
Revenue Forecast (FY)kr2.29B
TradeDoubler AB Business Overview & Revenue Model
Company Description
Nyorda AB, together with its subsidiaries, provides performance marketing and technology solutions for publishers and advertisers in Europe. The company offers affiliate marketing network solutions; white-label partner management platform to manag...
How the Company Makes Money
TradeDoubler primarily makes money from performance-based digital marketing by acting as an intermediary between advertisers (brands/merchants) and publishers/partners (websites, content creators, comparison sites, and other traffic sources). Key ...
TradeDoubler AB Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
68
Positive
Cash Flow
63
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.23B | 2.22B | 2.11B | 1.98B | 1.64B | 1.42B |
| Gross Profit | 490.20M | 489.44M | 445.88M | 408.37M | 346.08M | 277.04M |
| EBITDA | 105.39M | 108.64M | 69.60M | 42.43M | 59.13M | 50.54M |
| Net Income | -15.84M | 1.02M | -3.19M | 25.28M | 24.29M | 23.91M |
Balance Sheet | ||||||
| Total Assets | 1.09B | 1.18B | 1.25B | 1.15B | 1.04B | 922.65M |
| Cash, Cash Equivalents and Short-Term Investments | 83.25M | 125.75M | 78.42M | 70.20M | 93.47M | 94.01M |
| Total Debt | 69.24M | 71.81M | 97.69M | 133.87M | 130.27M | 134.92M |
| Total Liabilities | 714.09M | 800.33M | 847.62M | 818.92M | 729.72M | 661.34M |
| Stockholders Equity | 377.32M | 378.04M | 398.55M | 333.25M | 307.71M | 261.31M |
Cash Flow | ||||||
| Free Cash Flow | 92.66M | 120.68M | 18.77M | 35.98M | 27.69M | 27.55M |
| Operating Cash Flow | 111.20M | 122.14M | 55.89M | 74.09M | 59.42M | 57.15M |
| Investing Cash Flow | -44.77M | -40.56M | -44.75M | -63.22M | -41.01M | -13.99M |
| Financing Cash Flow | -23.92M | -23.90M | -5.00M | -33.76M | -26.91M | -41.07M |
TradeDoubler AB Technical Analysis
Positive
6.82
Price Trends
6.32
Positive
6.35
Positive
6.57
Negative
Market Momentum
0.06
Negative
58.63
Neutral
82.22
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NYOR, the sentiment is Positive. The current price of 6.82 is above the 20-day moving average (MA) of 6.30, above the 50-day MA of 6.32, and above the 200-day MA of 6.57, indicating a neutral trend. The MACD of 0.06 indicates Negative momentum. The RSI at 58.63 is Neutral, neither overbought nor oversold. The STOCH value of 82.22 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:NYOR.
TradeDoubler AB Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | kr446.49M | 14.75 | 9.27% | 8.47% | 1.90% | -60.00% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
60 Neutral | kr670.93M | -48.41 | ― | 5.29% | 7.51% | 41.20% | |
55 Neutral | kr368.74M | -24.23 | -4.06% | 1.85% | 2.62% | -235.03% | |
51 Neutral | kr66.71M | -0.49 | ― | 6.35% | -43.50% | 96.29% | |
47 Neutral | kr210.66M | -1.83 | -11.22% | ― | 17.70% | 85.68% |
* Communication Services Sector Average
SE:NYOR
TradeDoubler AB
6.50
-1.14
-14.92%
SE:CTM
Catena Media
2.72
0.63
29.90%
SE:ENRO
Eniro Group AB Class A
29.50
11.75
66.23%
SE:BRIGHT
Speqta AB
0.39
0.10
33.79%
SE:ADTR
Adtraction Group AB
39.70
10.93
37.97%
SE:RAKE
Raketech Group Holding Plc
1.41
-1.29
-47.78%
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.