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Opter AB (SE:OPTER)
:OPTER
Sweden Market
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Opter AB (OPTER) AI Stock Analysis

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SE:OPTER

Opter AB

(OPTER)

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Outperform 79 (OpenAI - Gpt-5.6Sol)
Rating:79Outperform
Price Target:
kr98.00
▲(12.90% Upside)
Action:Reiterated
Date:08/30/26
The score is driven primarily by strong financial performance (high margins, debt-free balance sheet, and excellent free cash flow conversion). Technicals are supportive due to a clear uptrend, but near-term risk is elevated because momentum indicators are stretched (RSI ~77.7). Valuation is moderate: a ~24.7 P/E is partly offset by a ~3.8% dividend yield.
Positive Factors
Strong Profitability
High operating and net margins indicate that Opter’s SaaS model converts revenue into substantial profits. This provides resources to fund product development, customer support and expansion while offering resilience if growth moderates.
Negative Factors
Moderating Revenue Growth
Slowing revenue expansion could indicate a more mature addressable customer base, tougher competition or lower expansion within existing accounts. Persistent moderation would reduce operating leverage and make future profit growth more dependent on efficiency.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Profitability
High operating and net margins indicate that Opter’s SaaS model converts revenue into substantial profits. This provides resources to fund product development, customer support and expansion while offering resilience if growth moderates.
Read all positive factors

Opter AB (OPTER) vs. iShares MSCI Sweden ETF (EWD)

Opter AB Business Overview & Revenue Model

Company Description
Established in 2001 and headquartered in Johanneshov, Sweden, Opter AB delivers advanced transport management systems. The company's services extend across Sweden, Norway, Finland, Denmark, Estonia, and Iceland. Their digital platform is engineere...
How the Company Makes Money
Opter AB primarily makes money by selling access to its transportation management software as a subscription service (SaaS). Under this model, customers pay recurring fees (typically monthly or annually) to use the platform, and pricing commonly s...

Opter AB Financial Statement Overview

Summary
Strong overall financial quality supported by solid profitability (TTM operating margin ~26%, net margin ~21%), a very conservative balance sheet with zero debt, and excellent cash generation (TTM operating cash flow to net income ~1.45x with consistently positive free cash flow). Key watch-outs are moderating recent revenue growth, gross margin volatility (notably lower in 2025), and a decline in equity into TTM.
Income Statement
86
Very Positive
Balance Sheet
88
Very Positive
Cash Flow
90
Very Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue104.27M99.49M91.27M78.18M65.52M55.83M
Gross Profit38.71M23.70M44.79M36.23M29.67M22.81M
EBITDA27.53M23.70M21.54M17.97M12.17M8.89M
Net Income22.26M19.68M17.44M13.95M9.49M6.89M
Balance Sheet
Total Assets40.98M49.12M45.22M40.41M34.51M31.25M
Cash, Cash Equivalents and Short-Term Investments23.63M32.67M29.87M27.73M23.39M21.45M
Total Debt0.000.000.000.000.000.00
Total Liabilities15.36M14.66M12.94M11.64M10.17M9.52M
Stockholders Equity25.62M34.46M32.28M28.77M24.34M21.73M
Cash Flow
Free Cash Flow22.61M20.45M16.07M13.70M8.76M5.84M
Operating Cash Flow22.61M20.45M16.07M13.84M8.76M5.84M
Investing Cash Flow0.000.000.00125.00K0.001.00K
Financing Cash Flow-19.44M-17.46M-13.92M-9.48M-6.90M6.42M

Opter AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
kr500.40M22.543.91%8.55%35.23%
72
Outperform
kr511.89M22.357.08%10.39%30.32%
71
Outperform
kr3.35B28.1232.94%1.71%8.48%19.59%
62
Neutral
kr219.61M-97.17-2.10%25.37%-69.77%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
55
Neutral
kr491.65M-24.7921.86%74.32%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:OPTER
Opter AB
82.80
-3.42
-3.97%
SE:DONE
24SevenOffice
7.58
-1.12
-12.87%
SE:LITI
Litium AB
11.25
-1.74
-13.37%
SE:LIME
Lime Technologies AB
248.50
-83.30
-25.11%
SE:UPSALE
Upsales Technology AB
30.70
-1.00
-3.15%
SE:ONEF
Oneflow AB
17.10
-9.10
-34.73%
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: Aug 30, 2026