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Railcare Group AB (SE:RAIL)
:RAIL
Sweden Market
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Railcare Group AB (RAIL) AI Stock Analysis

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SE:RAIL

Railcare Group AB

(RAIL)

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Neutral 65 (OpenAI - 5.2)
Rating:65Neutral
Price Target:
kr40.00
▲(38.17% Upside)
Action:Reiterated
Date:05/14/26
The score is driven primarily by mixed financial fundamentals—good cash generation and growth, but offset by elevated leverage and margin volatility. Strong technical momentum supports the near-term setup, while valuation appears broadly reasonable with a modest dividend yield.
Positive Factors
Free cash flow generation
Consistently positive and improving free cash flow provides durable financial flexibility: it funds capex, supports working capital for project-based contracts, enables debt paydown or selective reinvestment, and cushions the business through rail spending cycles without reliance on new equity.
Negative Factors
Elevated leverage
High leverage for an asset-heavy, cyclical rail-services operator raises refinancing and liquidity risk. Even after improvement, elevated debt limits strategic flexibility, increases interest sensitivity, and makes the company more vulnerable to downturns in infrastructure spending.
Read all positive and negative factors
Positive Factors
Negative Factors
Free cash flow generation
Consistently positive and improving free cash flow provides durable financial flexibility: it funds capex, supports working capital for project-based contracts, enables debt paydown or selective reinvestment, and cushions the business through rail spending cycles without reliance on new equity.
Read all positive factors

Railcare Group AB (RAIL) vs. iShares MSCI Sweden ETF (EWD)

Railcare Group AB Business Overview & Revenue Model

Company Description
Operating primarily across the Nordic countries and the United Kingdom, Railcare Group AB (publ) delivers a wide array of specialized services for railway infrastructure maintenance. Their core offerings encompass the vital re-ballasting of tracks...
How the Company Makes Money
Railcare makes money by selling contracted railway services to customers rather than by manufacturing products. Its revenue model is primarily project- and contract-based and typically includes: (1) Rail maintenance and contracting: income from pe...

Railcare Group AB Financial Statement Overview

Summary
Revenue growth and positive profitability are supportive, and free cash flow is consistently positive and improving. However, financial strength is constrained by elevated leverage (debt-to-equity still high despite recent improvement) and notable margin volatility, which increases risk in a cyclical, asset-heavy business.
Income Statement
68
Positive
Balance Sheet
46
Neutral
Cash Flow
62
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue696.65M667.57M635.30M564.22M497.04M437.94M
Gross Profit150.49M224.85M71.10M154.81M126.87M114.25M
EBITDA158.81M200.75M168.43M112.01M93.56M107.51M
Net Income46.02M39.81M30.39M43.62M36.78M40.51M
Balance Sheet
Total Assets1.11B1.16B1.04B643.02M592.87M557.97M
Cash, Cash Equivalents and Short-Term Investments26.92M66.30M61.69M39.43M31.98M38.56M
Total Debt605.36M943.36M591.82M208.07M218.06M217.72M
Total Liabilities786.10M846.25M757.30M368.90M348.78M336.81M
Stockholders Equity321.31M310.83M286.47M274.12M244.09M221.15M
Cash Flow
Free Cash Flow130.38M123.80M85.44M41.91M14.12M57.06M
Operating Cash Flow169.44M166.93M151.72M102.28M67.40M100.24M
Investing Cash Flow-43.04M-46.95M-87.48M-60.72M-53.16M-38.88M
Financing Cash Flow-123.11M-115.30M-42.10M-34.26M-21.21M-47.90M

Railcare Group AB Technical Analysis

Technical Analysis Sentiment
Positive
Last Price28.95
Price Trends
50DMA
34.88
Positive
100DMA
31.49
Positive
200DMA
29.76
Positive
Market Momentum
MACD
0.73
Negative
RSI
67.68
Neutral
STOCH
85.29
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:RAIL, the sentiment is Positive. The current price of 28.95 is below the 20-day moving average (MA) of 36.15, below the 50-day MA of 34.88, and below the 200-day MA of 29.76, indicating a bullish trend. The MACD of 0.73 indicates Negative momentum. The RSI at 67.68 is Neutral, neither overbought nor oversold. The STOCH value of 85.29 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:RAIL.

Railcare Group 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
65
Neutral
kr918.66M19.582.45%10.77%54.29%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
53
Neutral
kr1.94B66.850.72%-2.32%
50
Neutral
kr1.46B11.568.53%3.26%-18.37%
45
Neutral
kr623.89M17.482.34%1.56%70.48%
45
Neutral
kr362.21M-0.20-73.61%-34.50%-14.70%
44
Neutral
kr232.69M-1.140.35%-1.41%-3913.83%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:RAIL
Railcare Group AB
37.60
11.39
43.47%
SE:TRANS
Transtema Group AB
3.94
-9.60
-70.91%
SE:GREEN
Green Landscaping Group AB
25.90
-38.40
-59.72%
SE:ELTEL
Eltel AB
12.40
2.25
22.17%
SE:NORB.B
Nordisk Bergteknik AB Class B
10.90
-1.25
-10.29%
SE:WBGR.B
Wastbygg Gruppen AB Class B
1.75
-3.59
-67.22%

Railcare Group AB Corporate Events

Railcare chosen by Maersk for specialised rail transport in Sweden
Jul 7, 2026
Railcare has signed a framework agreement with Martin Bencher (Scandinavia) AB, part of Maersk, to act as its preferred rail operator for specialised transport within Sweden, covering freight that cannot be handled by standard transport due to siz...
Railcare launches employee share incentive plan with limited dilution
Jun 30, 2026
Railcare Group AB has launched its 2026 long‑term incentive programme for employees, combining a directed share issue with matching and performance‑based share rights. The initiative is designed to strengthen employee ownership across ...
Railcare AGM Approves Dividend, Board Mandate and New Long-Term Incentive Plan
May 7, 2026
Railcare Group AB’s annual general meeting approved the 2025 income statement and balance sheets, and decided to distribute SEK 16.9 million in dividends while retaining SEK 28.5 million in profits, signalling continued shareholder returns a...
Railcare CEO to Present First-Quarter 2026 Interim Report
May 7, 2026
Railcare Group AB, a Scandinavian and UK-focused railway specialist, offers maintenance services using proprietary machinery, operates a locomotive workshop, and undertakes special transport and machine sales projects, positioning itself within a ...
Railcare Delivers Record Q1 Profit and Bolsters Rail Technology Offering
May 7, 2026
Railcare posted its strongest first-quarter performance ever, with net sales rising to SEK 152.1 million and operating profit climbing to SEK 19.2 million, lifting the operating margin to 12.6%. Earnings per share more than doubled year-on-year to...
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: May 14, 2026