SolTech Energy Sweden AB (SOLT) AI Stock Analysis

SolTech Energy Sweden AB

(Nasdaq OMX AB:SOLT)

Select Model

Rating:43Neutral

Price Target:SEK 0.05▼(-3.92% Downside)

Action:reiterated

Date:10/03/26

The score is primarily weighed down by weak financial performance—persistent losses, negative margins, very poor ROE, and ongoing cash burn—despite a strong TTM revenue rebound. Technicals add downside pressure with a clear downtrend and negative MACD, while valuation provides limited support because losses make the P/E non-informative and there is no dividend yield data.

Positive Factors

TTM Revenue ReboundThe sharp TTM revenue rebound indicates that SolTech has regained substantial top-line activity and can capture demand in its solar solutions markets. If maintained, this scale improvement could support operating leverage, broader customer reach, and a stronger base for future profitability.

Negative Factors

Persistent Loss-MakingPersistent negative margins show that recent revenue expansion has not yet translated into a financially sustainable operating model. Continued gross, EBIT, and net losses can erode equity, restrict reinvestment, and make future growth dependent on corrective actions or external funding.

SolTech Energy Sweden AB (SOLT) vs. iShares MSCI Sweden ETF (EWD)

Market Cap: SEK 169.98M
Dividend Yield: ―
Average Volume (3M): 10.96M
Price to Earnings (P/E): -0.1
Beta (1Y): 1.13
Revenue Growth: -16.23%
EPS Growth: 36.58%
Country: Sweden
Employees: 613
Sector: Technology
Sector Strength: 61
Industry: Solar

SolTech Energy Sweden AB Business Overview & Revenue Model

Company Description

SolTech Energy Sweden AB (publ) focuses on the development, sales, and installation of energy and solar power systems. They serve a diverse clientele, encompassing private homes, multi-unit residential buildings, industrial and commercial properties,...

SolTech Energy Sweden AB Financial Statement Overview

Summary

Financials remain weak despite a sharp TTM revenue rebound (+288%). Profitability is deeply negative (gross margin ~-3.6%, EBIT margin ~-24%, net margin ~-30%), with very poor returns (TTM ROE ~-103%). Cash generation is also a major concern, with negative TTM operating cash flow (~-158m) and free cash flow (~-166m). Balance-sheet leverage is moderate (debt-to-equity ~0.79) and equity is positive, but ongoing losses and cash burn elevate risk.

Income Statement

18Very Negative

Balance Sheet

46Neutral

Cash Flow

22Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.76B	1.71B	2.41B	2.90B	1.93B	912.70M
Gross Profit	-68.79M	-483.52M	854.05M	23.39M	597.12M	420.54M
EBITDA	-116.98M	-182.37M	97.92M	86.00M	-108.81M	291.81M
Net Income	-524.61M	-588.36M	-277.89M	-164.57M	-269.85M	81.71M
Balance Sheet
Total Assets	1.39B	1.76B	2.09B	2.50B	2.33B	1.49B
Cash, Cash Equivalents and Short-Term Investments	66.72M	230.29M	234.99M	212.26M	268.31M	335.80M
Total Debt	341.61M	578.31M	361.74M	246.89M	149.53M	83.18M
Total Liabilities	959.29M	1.29B	1.33B	1.48B	1.20B	546.79M
Stockholders Equity	430.06M	467.82M	747.56M	1.01B	1.12B	903.55M
Cash Flow
Free Cash Flow	-166.07M	-161.17M	20.07M	-99.58M	-219.79M	-282.35M
Operating Cash Flow	-158.26M	-161.17M	91.50M	-942.00K	-191.34M	-105.23M
Investing Cash Flow	-18.58M	-32.86M	-104.25M	-284.64M	-155.51M	-259.78M
Financing Cash Flow	139.37M	203.63M	34.41M	223.11M	286.02M	478.65M

SolTech Energy Sweden AB Technical Analysis

Technical Analysis SentimentNegative

Last Price0.05

Price Trends

50DMA0.07Negative

100DMA0.11Negative

200DMA0.12Negative

Market Momentum

MACD-0.01Negative

RSI34.78Neutral

STOCH17.78Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SOLT, the sentiment is Negative. The current price of 0.05 is below the 20-day moving average (MA) of 0.05, below the 50-day MA of 0.07, and below the 200-day MA of 0.12, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 34.78 is Neutral, neither overbought nor oversold. The STOCH value of 17.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:SOLT.

SolTech Energy Sweden AB Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

SE:SOLT against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SE:MIDS	52Neutral	SEK 660.97M	73.41	1.61%	―	149.28%	―
SE:B3	51Neutral	SEK 217.06M	86.61	1.99%	―	-6.29%	-9.04%
SE:MODEL	47Neutral	SEK 158.55M	-7.84	-83.32%	―	-17.82%	53.79%
SE:ENERS	43Neutral	SEK 5.66M	-0.32	235.97%	―	-8.92%	67.57%
SE:GIGA	43Neutral	SEK 120.85M	-2.03	―	―	-3.52%	26.43%
SE:SOLT	43Neutral	SEK 169.98M	-0.07	-103.55%	―	-16.23%	36.58%

* Technology Sector Average

Performance Comparison

SE:SOLT and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SE:SOLT	SolTech Energy Sweden AB	0.05	-0.13	-72.28%
SE:MIDS	Midsummer AB	1.25	-1.20	-48.96%
SE:MODEL	Modelon AB	8.70	-2.70	-23.68%
SE:B3	B3 Consulting Group AB	22.90	-20.20	-46.87%
SE:ENERS	Enersize Plc	―	―	―
SE:GIGA	Gigasun AB	0.87	-1.92	-68.84%

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: Oct 03, 2026

SolTech Energy Sweden AB AI Stock Analysis