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Polygiene AB
(POLYG)
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Rating:52Neutral
Price Target:
kr3.50
▼(-62.04% Downside)
Action:Reiterated
Date:09/29/26
The score is primarily supported by financial stability (very low leverage) and improving TTM revenue and cash flow, but is held back by still-weak profitability and negative/poor returns. Technical signals are notably bearish with broad weakness versus moving averages and negative momentum, while valuation remains a concern due to a high P/E despite an attractive dividend yield.
Positive Factors
Very low leverage
The exceptionally conservative capital structure reduces solvency pressure and leaves the company less exposed to interest costs or refinancing needs. Substantial equity relative to assets also provides a durable cushion, supporting operational resilience and flexibility during weaker trading periods.
Negative Factors
Thin current profitability
Margins remain close to breakeven despite the revenue rebound, leaving limited protection against operating setbacks or cost pressure. Thin profitability constrains reinvestment and makes earnings highly sensitive to changes in sales volume, pricing, and the mix of customer programs.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
The exceptionally conservative capital structure reduces solvency pressure and leaves the company less exposed to interest costs or refinancing needs. Substantial equity relative to assets also provides a durable cushion, supporting operational resilience and flexibility during weaker trading periods.
Read all positive factors
Polygiene AB (POLYG) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr123.10M
Dividend Yield8.01%
Average Volume (3M)45.18K
Price to Earnings (P/E)41.4
Beta (1Y)0.09
Revenue Growth-14.23%
EPS Growth84.80%
CountrySE
Employees33
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)0.08
Shares Outstanding36,526,990
10 Day Avg. Volume73,381
30 Day Avg. Volume45,179
Financial Highlights & Ratios
PEG Ratio0.29
Price to Book (P/B)1.22
Price to Sales (P/S)2.30
P/FCF Ratio-30.49
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)0.71
Revenue Forecast (FY)kr168.80M
Polygiene AB Business Overview & Revenue Model
Company Description
Based in Malmö, Sweden, and founded in 2005, Polygiene Group AB develops, produces, and markets advanced solutions designed to control odors and maintain freshness across a wide range of materials. These applications extend to clothing, athletic e...
How the Company Makes Money
Polygiene makes money primarily by commercializing its proprietary odor-control and antimicrobial technologies to other businesses (a B2B model) rather than selling finished consumer products. Revenue is generated through the sale and licensing of...
Polygiene AB Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
82
Very Positive
Cash Flow
51
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 137.55M | 146.65M | 156.95M | 113.54M | 173.56M | 181.61M |
| Gross Profit | 56.59M | 48.32M | 103.78M | 77.16M | 114.57M | 115.24M |
| EBITDA | 5.87M | 5.96M | 18.80M | -305.61M | 19.10M | 43.99M |
| Net Income | 2.94M | -5.58M | 16.83M | -321.95M | 8.36M | 32.83M |
Balance Sheet | ||||||
| Total Assets | 322.26M | 304.74M | 350.84M | 313.78M | 621.90M | 550.69M |
| Cash, Cash Equivalents and Short-Term Investments | 50.26M | 38.78M | 68.59M | 44.15M | 48.06M | 52.40M |
| Total Debt | 2.29M | 4.57M | 2.63M | 3.89M | 1.64M | 2.40M |
| Total Liabilities | 37.18M | 28.56M | 31.23M | 22.53M | 29.34M | 31.54M |
| Stockholders Equity | 285.07M | 276.17M | 319.61M | 291.25M | 592.56M | 519.15M |
Cash Flow | ||||||
| Free Cash Flow | 9.25M | -11.04M | 22.75M | -4.27M | -50.64M | 34.15M |
| Operating Cash Flow | 11.47M | -9.79M | 24.34M | 3.79M | -1.54M | 37.60M |
| Investing Cash Flow | -3.79M | -4.07M | -1.59M | -9.42M | -52.11M | -407.47M |
| Financing Cash Flow | -4.65M | -9.67M | -1.38M | 1.95M | 47.50M | 416.27M |
Polygiene AB Technical Analysis
Negative
9.22
Price Trends
4.18
Negative
4.86
Negative
6.30
Negative
Market Momentum
-0.26
Positive
36.85
Neutral
22.22
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:POLYG, the sentiment is Negative. The current price of 9.22 is above the 20-day moving average (MA) of 3.74, above the 50-day MA of 4.18, and above the 200-day MA of 6.30, indicating a bearish trend. The MACD of -0.26 indicates Positive momentum. The RSI at 36.85 is Neutral, neither overbought nor oversold. The STOCH value of 22.22 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:POLYG.
Polygiene AB Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | kr33.07B | 18.21 | 12.72% | 4.35% | -5.26% | -10.87% | |
63 Neutral | kr19.90M | 5.59 | ― | ― | -17.14% | 88.76% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
60 Neutral | kr85.82B | 38.41 | 2.18% | 2.48% | -5.47% | -41.24% | |
54 Neutral | kr274.68M | -14.15 | -8.17% | ― | -1.90% | -13.63% | |
52 Neutral | kr123.10M | 41.42 | 1.04% | 8.01% | -14.23% | 84.80% | |
41 Neutral | kr48.55M | -0.92 | -176.65% | ― | -21.95% | -28.77% |
* Basic Materials Sector Average
SE:POLYG
Polygiene AB
3.33
-4.77
-58.89%
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Hexpol AB
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SE:NEXAM
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SE:SCA.A
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0.28
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3.30
-4.20
-56.00%
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.