QleanAir AB (QAIR) AI Stock Analysis

• Market Cap: €340.28M
• Dividend Yield: N/A
• Average Volume (3M): 6.98K
• Price to Earnings (P/E): 316.3
• Beta (1Y): 0.53
• Revenue Growth: -6.40%
• EPS Growth: -95.33%
• Country: SE
• Employees: 118
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Pollution & Treatment Controls
• EPS (TTM): 0.48
• Shares Outstanding: 14,859,200
• 10 Day Avg. Volume: 5,753
• 30 Day Avg. Volume: 6,978
• 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: 52 Neutral
• Price Target: kr22.00 ▼(-0.90% Downside)

QleanAir AB's overall stock score is primarily influenced by its resilient financial performance, particularly in cash flow generation and gross profit margins. However, the high P/E ratio suggests overvaluation, and technical indicators point to a neutral to slightly bearish trend. The lack of earnings call data and corporate events means these factors did not influence the score.

QleanAir AB Business Overview & Revenue Model

Company Description

QleanAir AB (publ) provides air cleaning solutions for professional environments worldwide. The company offers freestanding smoking cabins for protection against secondhand smoke; cleanrooms for aseptic spaces; and smoking solutions for shopping malls, casinos, and offshore facilities, such as oil platforms, offshore, cruise ships and shipping, and security facilities and institutions. It serves production, logistics centers and warehouses, food and beverage, healthcare, transportation, and airport industries; and MedTech companies and compounding pharmacies, as well as offices, conference centers, hotels, restaurants, and school facilities. The company was formerly known as QleanAir Holding AB (publ) and changed its name to QleanAir AB (publ) in July 2021. QleanAir AB (publ) was founded in 1988 and is headquartered in Solna, Sweden.

How the Company Makes Money

QleanAir AB generates revenue through the sale and rental of its air filtration systems and related services. Key revenue streams include direct sales of air purification units to clients in various sectors, long-term rental agreements that provide ongoing income, and maintenance services that ensure the optimal performance of their products. Additionally, QAIR often engages in partnerships with organizations in healthcare and industrial sectors, which can lead to bulk sales or collaborative projects that further enhance their market reach. The company may also benefit from government regulations promoting clean air standards, as this drives demand for their products.

QleanAir AB Financial Statement Overview

Summary

QleanAir AB's financial health is moderate with some concerns. The income statement shows declining revenue and profitability challenges, while the balance sheet maintains stability with controlled leverage. Cash flows are steady but lack significant growth.

Income Statement

QleanAir AB's income statement shows a mixed performance. The gross profit margin is strong, but the net profit margin is negative due to recent losses, indicating challenges in converting revenue into profit. Revenue has declined, showcasing a negative growth trend. The EBIT and EBITDA margins are relatively low, affecting the overall profitability.

Balance Sheet

The balance sheet highlights moderate financial stability. The debt-to-equity ratio is manageable, indicating balanced leverage. The return on equity has been impacted by recent net losses. However, the equity ratio is adequate, suggesting a reasonable proportion of assets financed by equity.

Cash Flow

Cash flow analysis reveals stable operational cash generation, with a positive free cash flow trend. The operating cash flow to net income ratio is strong, reflecting efficient cash conversion. However, free cash flow growth has been stagnant, indicating limited improvement in cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	450.72M	450.38M	503.52M	455.17M	450.58M	492.97M
Gross Profit	298.78M	293.22M	344.04M	311.02M	318.04M	336.40M
EBITDA	52.62M	48.51M	102.43M	45.98M	109.64M	121.79M
Net Income	1.07M	-1.43M	43.37M	13.29M	59.26M	67.00M
Balance Sheet
Total Assets	615.48M	631.13M	662.05M	647.72M	610.81M	585.16M
Cash, Cash Equivalents and Short-Term Investments	48.70M	52.04M	56.88M	66.96M	69.66M	52.60M
Total Debt	205.60M	240.82M	246.54M	261.07M	235.00M	267.60M
Total Liabilities	408.04M	429.41M	446.75M	463.75M	416.72M	428.25M
Stockholders Equity	207.44M	201.72M	215.29M	183.98M	194.09M	156.91M
Cash Flow
Free Cash Flow	24.66M	15.92M	38.86M	1.44M	75.86M	45.77M
Operating Cash Flow	46.11M	39.74M	62.65M	29.73M	104.15M	72.13M
Investing Cash Flow	-21.45M	-23.83M	-23.79M	-28.29M	-28.30M	-26.36M
Financing Cash Flow	-24.95M	-21.25M	-46.24M	-6.56M	-59.20M	-47.19M

QleanAir AB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 22.20
• 50DMA: Negative
• 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:QAIR, the sentiment is Neutral. The current price of 22.2 is below the 20-day moving average (MA) of 22.75, below the 50-day MA of 22.69, and above the 200-day MA of 18.05, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 42.49 is Neutral, neither overbought nor oversold. The STOCH value of 36.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:QAIR.

QleanAir AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MTRS	69 Neutral	$21.06B	57.19	14.56%	1.12%	6.17%	-57.37%
ELAN.B	67 Neutral	€2.02B	23.99	-3.09%	6.79%	-7.32%	-139.66%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ABSO	60 Neutral	kr2.60B	30.26	―	1.41%	-8.40%	-40.98%
QAIR	52 Neutral	€340.28M	316.30	0.70%	―	-6.40%	-95.33%
GOMX	51 Neutral	kr2.83B	―	―	―	9.60%	40.86%
SALT.B	45 Neutral	kr1.37B	―	-39.65%	―	-1.27%	-29.29%