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SKF AB (SE:SKF.B)
:SKF.B
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SKF AB (SKF.B) AI Stock Analysis

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SE:SKF.B

SKF AB

(SKF.B)

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Neutral 63 (OpenAI - Gpt-5.6Sol)
Rating:63Neutral
Price Target:
kr292.00
â–²(5.11% Upside)
Action:Reiterated
Date:07/18/26
The score is driven primarily by mixed financial performance: a strong, improving balance sheet is offset by softer profitability and weakening free cash flow trends. Technical indicators are moderately supportive with positive momentum and trading above key longer-term moving averages, but valuation is a notable headwind due to a high P/E and modest dividend yield.
Positive Factors
Diversified engineered products and services
SKF combines engineered products with maintenance, monitoring, and engineering services across industrial and automotive markets. This diversified offering can deepen customer relationships, support aftermarket demand from the installed base, and reduce reliance on any single application or revenue stream over time.
Negative Factors
Volatile and recently weaker revenue growth
Revenue growth has lacked consistency, with recent declines following stronger expansion in 2022–2023 and only modest TTM growth. This uneven demand pattern can make capacity planning and operating leverage less predictable, limiting the visibility of sustained top-line expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified engineered products and services
SKF combines engineered products with maintenance, monitoring, and engineering services across industrial and automotive markets. This diversified offering can deepen customer relationships, support aftermarket demand from the installed base, and reduce reliance on any single application or revenue stream over time.
Read all positive factors

SKF AB (SKF.B) vs. iShares MSCI Sweden ETF (EWD)

SKF AB Business Overview & Revenue Model

Company Description
Established in 1907 and headquartered in Gothenburg, Sweden, AB SKF (publ) is a global enterprise specializing in the conception, advancement, and production of an extensive range of bearings, seals, and lubrication systems, alongside various rela...
How the Company Makes Money
SKF makes money primarily by selling engineered products and services tied to rotating equipment performance. Key revenue streams include: (1) Product sales of bearings and bearing units used in industrial machinery and vehicles; these are typical...

SKF AB Financial Statement Overview

Summary
Financials are mixed: the balance sheet is solid with improving leverage (debt-to-equity ~0.27), but profitability has weakened with lower margins (TTM EBIT margin ~8.4%, net margin ~4.2%) and returns (ROE ~6.9%). Cash flow is the key drag, with free cash flow down (~-16.7% TTM) and weaker cash conversion trends.
Income Statement
67
Positive
Balance Sheet
74
Positive
Cash Flow
54
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue89.52B91.58B98.72B103.88B96.93B81.73B
Gross Profit25.04B24.52B27.37B26.17B24.47B23.27B
EBITDA12.31B12.38B14.61B14.34B11.51B13.76B
Net Income4.50B3.93B6.47B6.39B4.47B7.33B
Balance Sheet
Total Assets118.61B106.42B119.41B111.90B110.92B99.62B
Cash, Cash Equivalents and Short-Term Investments25.42B9.15B11.09B13.65B11.22B13.66B
Total Debt20.57B15.15B20.04B21.69B21.27B19.23B
Total Liabilities58.73B50.75B57.44B56.95B56.88B54.28B
Stockholders Equity57.55B53.56B59.65B52.74B51.93B43.65B
Cash Flow
Free Cash Flow2.73B4.56B5.70B8.02B428.00M1.36B
Operating Cash Flow6.21B8.39B10.79B13.78B5.64B5.25B
Investing Cash Flow-2.42B-1.50B-5.60B-5.87B-5.35B-3.15B
Financing Cash Flow-1.93B-8.29B-7.57B-4.51B-3.40B-3.51B

SKF AB Technical Analysis

Technical Analysis Sentiment
Positive
Last Price277.80
Price Trends
50DMA
261.12
Positive
100DMA
250.13
Positive
200DMA
244.08
Positive
Market Momentum
MACD
3.74
Negative
RSI
60.14
Neutral
STOCH
45.88
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SKF.B, the sentiment is Positive. The current price of 277.8 is above the 20-day moving average (MA) of 266.95, above the 50-day MA of 261.12, and above the 200-day MA of 244.08, indicating a bullish trend. The MACD of 3.74 indicates Negative momentum. The RSI at 60.14 is Neutral, neither overbought nor oversold. The STOCH value of 45.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:SKF.B.

SKF 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
82
Outperform
kr98.92B26.7910.20%1.77%0.11%7.71%
81
Outperform
kr33.05B18.1012.72%4.38%-5.26%-10.87%
79
Outperform
kr229.73B28.0318.42%1.62%3.87%2.11%
71
Outperform
kr90.94B33.9115.37%1.24%2.02%-0.48%
63
Neutral
kr125.05B27.968.12%2.84%-6.31%-16.09%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:SKF.B
SKF AB
274.50
37.82
15.98%
SE:ALFA
Alfa Laval AB
555.80
124.80
28.96%
SE:HPOL.B
Hexpol AB
95.95
16.03
20.05%
SE:INDT
Indutrade AB
249.60
14.16
6.02%
SE:TREL.B
Trelleborg AB
451.40
82.97
22.52%
SE:ALIV
Autoliv Inc Shs Swedish DR
1,194.00
44.80
3.90%
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: Jul 18, 2026