Premium Snacks Nordic AB (SNX) AI Stock Analysis

Premium Snacks Nordic AB

(Nasdaq OMX AB:SNX)

Select Model

Rating:71Outperform

Price Target:SEK 35.00▲(18.24% Upside)

Action:reiterated

Date:08/24/26

Premium Snacks Nordic AB's overall score is primarily driven by its exceptionally strong financial fundamentals, characterized by excellent returns on equity, strong cash flow generation, and successful deleveraging. A reasonable valuation further bolsters the stock's fundamental appeal. However, the overall score is significantly constrained by poor technical performance, as the stock remains entrenched in a steady downtrend below all major moving averages.

Positive Factors

Revenue growth and profitability turnaroundThe company has sustained a multi-year revenue expansion and recovered from a 2022 loss to positive operating and net margins. This indicates improving business execution and provides a stronger earnings base for the next several months.

Negative Factors

Volatile gross marginsLarge changes in gross margin indicate sensitivity to input costs, product mix or pricing pass-through. Unless this variability moderates, future operating margins may remain difficult to forecast and the profitability recovery may be less durable.

Premium Snacks Nordic AB (SNX) vs. iShares MSCI Sweden ETF (EWD)

Market Cap: SEK 402.61M
Dividend Yield: 1.52%
Average Volume (3M): 19.66K
Price to Earnings (P/E): 14.9
Beta (1Y): 0.36
Revenue Growth: 21.94%
EPS Growth: 53.07%
Country: Sweden
Employees: 75
Sector: General
Sector Strength: 55
Industry: Packaged Foods

Premium Snacks Nordic AB Business Overview & Revenue Model

Company Description

Premium Snacks Nordic AB (publ) is a company focused on the creation, production, and sale of various snack foods throughout the Nordic region, marketed primarily under its Exotic Snacks and Gårdschips labels. Their diverse selection ranges from natu...

How the Company Makes Money

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Premium Snacks Nordic AB Financial Statement Overview

Summary

Premium Snacks Nordic AB demonstrates robust financial health with strong top-line momentum, reliable profitability, and excellent balance sheet management. The company features a low debt-to-equity ratio of 0.33x, an impressive 30.3% return on equity, and surging operating cash flows, though historical gross margin volatility warrants monitoring.

Income Statement

85Very Positive

Balance Sheet

90Very Positive

Cash Flow

80Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	607.50M	564.28M	453.83M	370.68M	323.46M	321.83M
Gross Profit	134.64M	33.52M	188.21M	149.74M	126.49M	137.93M
EBITDA	49.89M	46.61M	29.31M	19.05M	4.88M	16.81M
Net Income	26.94M	24.91M	9.92M	955.00K	-8.17M	2.28M
Balance Sheet
Total Assets	226.58M	217.53M	170.46M	165.76M	144.80M	146.02M
Cash, Cash Equivalents and Short-Term Investments	849.00K	3.83M	834.00K	364.00K	1.23M	2.34M
Total Debt	31.64M	45.48M	38.64M	55.29M	43.98M	31.74M
Total Liabilities	130.96M	132.05M	102.05M	106.69M	86.67M	79.95M
Stockholders Equity	95.62M	85.48M	68.41M	59.07M	58.13M	66.07M
Cash Flow
Free Cash Flow	27.03M	-903.00K	14.78M	2.86M	-13.54M	-1.67M
Operating Cash Flow	39.69M	19.20M	25.03M	9.03M	-6.32M	8.55M
Investing Cash Flow	-16.61M	-23.51M	-10.37M	-6.17M	-7.23M	-10.22M
Financing Cash Flow	-20.28M	7.31M	-14.19M	-3.73M	12.43M	-23.56M

Premium Snacks Nordic AB Technical Analysis

Technical Analysis SentimentNegative

Last Price29.60

Price Trends

50DMA31.61Negative

100DMA32.10Negative

200DMA35.61Negative

Market Momentum

MACD-0.64Negative

RSI42.22Neutral

STOCH45.61Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SNX, the sentiment is Negative. The current price of 29.60 is below the 20-day moving average (MA) of 29.94, below the 50-day MA of 31.61, and below the 200-day MA of 35.61, indicating a bearish trend. The MACD of -0.64 indicates Negative momentum. The RSI at 42.22 is Neutral, neither overbought nor oversold. The STOCH value of 45.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:SNX.

Premium Snacks Nordic AB Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

SE:SNX against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SE:ZZ.B	85Outperform	SEK 5.44B	11.84	48.04%	4.45%	32.85%	101.50%
SE:SCST	75Outperform	SEK 12.48B	27.54	―	1.76%	7.54%	43.52%
SE:SNX	71Outperform	SEK 394.45M	14.95	―	1.52%	21.94%	53.07%
SE:MSON.B	67Neutral	SEK 1.38B	8.49	5.43%	2.27%	-1.42%	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
SE:NNH	54Neutral	SEK 93.24M	11.46	―	1.72%	2.70%	-43.94%
SE:ENZY	44Neutral	SEK 551.01M	-13.75	―	―	-2.36%	23.44%

* General Sector Average

Performance Comparison

SE:SNX and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SE:SNX	Premium Snacks Nordic AB	29.60	-14.79	-33.32%
SE:ZZ.B	Zinzino AB Class B	134.90	25.13	22.89%
SE:MSON.B	Midsona AB Class B	9.68	1.74	21.93%
SE:NNH	New Nordic Healthbrands AB	14.55	-9.16	-38.64%
SE:ENZY	Enzymatica AB	2.30	0.36	18.56%
SE:SCST	Scandi Standard AB	187.00	93.40	99.78%

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 24, 2026

Premium Snacks Nordic AB AI Stock Analysis