OEM International AB Class B (OEM.B) AI Stock Analysis

OEM International AB Class B

(Nasdaq OMX AB:OEM.B)

Select Model

Rating:79Outperform

Price Target:SEK 203.00▲(19.98% Upside)

Action:reiterated

Date:10/17/26

The score is primarily supported by strong profitability, excellent balance-sheet quality, and low leverage. Positive medium- and long-term technical positioning also helps, while declining cash flow, a high P/E ratio, and a low dividend yield limit the overall score.

Positive Factors

Strong profitabilityHealthy operating and net margins show that OEM International converts distribution revenue into substantial profits. Sustained mid-teens operating profitability provides internal funding capacity, supports resilience through normal demand changes, and indicates effective pricing, sourcing, and cost management.

Negative Factors

Weaker cash conversionCash generation remains positive but is converting less effectively from reported earnings than in prior annual periods. Weaker operating and free-cash-flow conversion may reflect heavier working-capital needs or reinvestment, reducing near-term financial flexibility and internal funding efficiency.

OEM International AB Class B (OEM.B) vs. iShares MSCI Sweden ETF (EWD)

Market Cap: SEK 23.49B
Dividend Yield: 1.03%
Average Volume (3M): 128.09K
Price to Earnings (P/E): 33.2
Beta (1Y): 0.70
Revenue Growth: 11.13%
EPS Growth: 16.93%
Country: Sweden
Employees: 1,132
Sector: Industrials
Sector Strength: 63
Industry: Industrial - Distribution

OEM International AB Class B Business Overview & Revenue Model

Company Description

OEM International AB (publ) and its subsidiaries deliver an extensive portfolio of products and systems tailored for industrial use. Their offerings primarily encompass industrial automation components, such as electrical parts, fluid control mechani...

How the Company Makes Money

OEM International primarily makes money by acting as a value-added distributor and sourcing partner for industrial components and related products. Revenue is generated mainly from (1) product sales: buying components and systems from a large base of...

OEM International AB Class B Financial Statement Overview

Summary

Strong overall financial profile, supported by excellent balance-sheet strength, low leverage, solid profitability, and continued revenue growth. The main weakness is declining free cash flow and weaker earnings-to-cash conversion.

Income Statement

87Very Positive

Balance Sheet

94Very Positive

Cash Flow

74Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	5.94B	5.32B	5.24B	5.14B	4.73B	3.77B
Gross Profit	871.00M	751.00M	1.88B	1.84B	1.71B	1.37B
EBITDA	1.03B	863.00M	869.70M	879.40M	821.20M	647.90M
Net Income	708.00M	593.00M	606.00M	607.20M	575.70M	457.00M
Balance Sheet
Total Assets	4.63B	3.60B	3.33B	2.93B	2.80B	2.05B
Cash, Cash Equivalents and Short-Term Investments	359.00M	812.00M	557.00M	232.50M	108.90M	144.80M
Total Debt	181.00M	110.00M	140.10M	147.40M	377.20M	90.80M
Total Liabilities	1.39B	913.00M	943.00M	940.80M	1.21B	680.00M
Stockholders Equity	3.24B	2.68B	2.39B	1.99B	1.59B	1.37B
Cash Flow
Free Cash Flow	304.00M	705.00M	657.00M	736.40M	241.10M	265.60M
Operating Cash Flow	646.00M	763.00M	692.00M	790.70M	262.50M	319.30M
Investing Cash Flow	-612.00M	-171.00M	-68.00M	-149.00M	-152.70M	-54.30M
Financing Cash Flow	-362.00M	-319.00M	-307.00M	-515.50M	-152.60M	-498.40M

OEM International AB Class B Technical Analysis

Technical Analysis SentimentNegative

Last Price169.20

Price Trends

50DMA175.05Negative

100DMA173.07Negative

200DMA154.93Positive

Market Momentum

MACD-2.20Positive

RSI42.73Neutral

STOCH37.67Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:OEM.B, the sentiment is Negative. The current price of 169.20 is below the 20-day moving average (MA) of 173.71, below the 50-day MA of 175.05, and above the 200-day MA of 154.93, indicating a neutral trend. The MACD of -2.20 indicates Positive momentum. The RSI at 42.73 is Neutral, neither overbought nor oversold. The STOCH value of 37.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:OEM.B.

OEM International AB Class B Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

SE:OEM.B against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SE:OEM.B	79Outperform	SEK 23.49B	33.18	23.70%	1.03%	11.13%	16.93%
SE:AQ	71Outperform	SEK 21.19B	28.10	15.15%	0.78%	10.71%	13.62%
SE:BUFAB	68Neutral	SEK 25.51B	32.60	18.20%	0.97%	8.13%	32.45%
SE:INDT	64Neutral	SEK 96.84B	34.43	15.59%	1.17%	5.59%	5.36%
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SE:ADDT.B	61Neutral	SEK 83.84B	36.28	28.37%	1.16%	4.32%	15.23%
SE:BERG.B	61Neutral	SEK 6.95B	26.38	13.53%	1.60%	1.00%	―

* Industrials Sector Average

Performance Comparison

SE:OEM.B and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SE:OEM.B	OEM International AB Class B	169.20	11.67	7.41%
SE:INDT	Indutrade AB	265.80	18.14	7.32%
SE:ADDT.B	Addtech AB Class B	310.60	-2.47	-0.79%
SE:AQ	AQ Group AB	231.00	37.93	19.65%
SE:BERG.B	Bergman & Beving AB Class B	262.00	-66.95	-20.35%
SE:BUFAB	Bufab AB	134.00	31.17	30.31%

OEM International AB Class B Corporate Events

OEM International posts record orders and earnings in Q3 2026

Oct 15, 2026

OEM International reported continued strong momentum in the third quarter of 2026, with incoming orders surging 40 percent to SEK 1,683 million, hitting an all-time high and outpacing net sales. The Rest of Europe region was the largest contributor t...

OEM International expands U.K. reach with ABSSAC acquisition

Oct 1, 2026

OEM International AB has strengthened its presence in the U.K. industrial components market by acquiring ABSSAC Ltd, a distributor of motion and power transmission products based in Evesham, Worcestershire. ABSSAC brings more than 40 years of experti...

OEM International Calls Extraordinary Meeting to Reshape Board and Approve Share Buyback Mandate

Sep 29, 2026

OEM International AB has called an extraordinary general meeting for 23 October 2026 in Tranås, inviting shareholders who are registered by 15 October and have notified the company by 19 October to participate, including those requiring voting-r...

OEM International Chair Christopher Norbye to Step Down From Board

Sep 21, 2026

OEM International AB has announced that Christopher Norbye, Chair of the Board, intends to step down from his role and leave the Board of Directors to concentrate on other commitments. He will continue as chair until an Extraordinary General Meeting,...

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.

Date of analysis: Oct 17, 2026

OEM International AB Class B AI Stock Analysis