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ScandBook Holding AB (SE:SBOK.B)
:SBOK.B
Sweden Market
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ScandBook Holding AB (SBOK.B) AI Stock Analysis

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SE:SBOK.B

ScandBook Holding AB

(SBOK.B)

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Outperform 75 (OpenAI - Gpt-5.6Sol)
Rating:75Outperform
Price Target:
kr59.00
▲(18.47% Upside)
Action:Upgraded
Date:08/30/26
The score is driven primarily by solid financial performance (steady growth and profitability, though with margin volatility and only moderate cash conversion) and strong technical momentum (price above key moving averages with positive MACD). Valuation further supports the rating due to a low P/E and a high dividend yield.
Positive Factors
Steady Revenue and Profitability
Steady TTM revenue expansion alongside healthy net and EBIT margins indicates the core business is generating demand and retaining meaningful operating profit. This supports earnings resilience over the next several quarters.
Negative Factors
Volatile Operating Margins
The sharp 2025 gross-margin decline introduces uncertainty around pricing, product mix or exceptional items. If volatility persists, it could make earnings less predictable and limit the sustainability of otherwise solid profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Steady Revenue and Profitability
Steady TTM revenue expansion alongside healthy net and EBIT margins indicates the core business is generating demand and retaining meaningful operating profit. This supports earnings resilience over the next several quarters.
Read all positive factors

ScandBook Holding AB (SBOK.B) vs. iShares MSCI Sweden ETF (EWD)

ScandBook Holding AB Business Overview & Revenue Model

Company Description
ScandBook Holding AB (publ), a Swedish enterprise headquartered in Falun, focuses on the creation and distribution of hardback and paperback books for various publishing houses within Sweden. Their diverse product line encompasses durable, case-bo...

ScandBook Holding AB Financial Statement Overview

Summary
Financials are solid overall: TTM revenue growth of 7.27% and healthy profitability (~8.3% net margin; ~7.2% EBIT margin) support the score. Offsetting this are margin volatility (notably a sharp gross margin dip in 2025), a higher debt level versus 2023–2024 (TTM debt-to-equity ~0.39), and only moderate cash conversion (FCF ~54% of net income; OCF coverage below 1).
Income Statement
72
Positive
Balance Sheet
70
Positive
Cash Flow
63
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue524.88M489.31M416.80M392.39M387.41M335.13M
Gross Profit123.20M27.04M199.48M173.72M190.27M160.21M
EBITDA55.80M49.67M50.90M41.76M56.86M47.70M
Net Income39.76M40.67M23.23M26.00M32.68M26.34M
Balance Sheet
Total Assets483.30M467.08M346.26M335.51M314.61M289.49M
Cash, Cash Equivalents and Short-Term Investments50.43M34.35M59.52M54.60M25.03M23.36M
Total Debt93.12M99.38M31.00M36.43M34.31M45.39M
Total Liabilities188.61M181.30M69.98M73.35M66.86M79.33M
Stockholders Equity294.69M285.78M276.29M262.16M247.74M210.16M
Cash Flow
Free Cash Flow36.85M25.22M24.54M34.70M17.81M6.74M
Operating Cash Flow59.49M46.79M42.68M62.47M22.33M25.55M
Investing Cash Flow-88.49M-87.40M-18.15M-24.86M-4.53M-18.81M
Financing Cash Flow16.62M17.13M-20.61M-7.99M-17.83M-15.71M

ScandBook Holding AB Technical Analysis

Technical Analysis Sentiment
Positive
Last Price49.80
Price Trends
50DMA
49.82
Positive
100DMA
52.43
Positive
200DMA
50.85
Positive
Market Momentum
MACD
0.91
Negative
RSI
61.61
Neutral
STOCH
71.41
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SBOK.B, the sentiment is Positive. The current price of 49.8 is below the 20-day moving average (MA) of 51.13, below the 50-day MA of 49.82, and below the 200-day MA of 50.85, indicating a bullish trend. The MACD of 0.91 indicates Negative momentum. The RSI at 61.61 is Neutral, neither overbought nor oversold. The STOCH value of 71.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:SBOK.B.

ScandBook Holding 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
75
Outperform
kr242.70M8.815.15%26.94%61.11%
62
Neutral
kr440.01M16.491.38%21.94%53.07%
60
Neutral
kr390.72M-61.9529.79%31.66%68.15%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
52
Neutral
kr122.75M-23.80
51
Neutral
kr160.12M-9.40
49
Neutral
kr512.32M-7.857.99%33.84%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:SBOK.B
ScandBook Holding AB
53.40
12.69
31.17%
SE:SNX
Premium Snacks Nordic AB
32.65
-6.22
-16.00%
SE:BUY
Sweden BuyersClub AB
5.95
3.11
109.51%
SE:CDON
CDON AB
44.80
-17.60
-28.21%
SE:OBAB
Online Brands Nordic AB
15.45
3.45
28.75%
SE:BBROOM
New Bubbleroom Sweden AB
11.00
6.00
120.00%
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.Date of analysis: Aug 30, 2026