Transtema Group AB (TRANS) AI Stock Analysis

1 Followers

Transtema Group AB

(Nasdaq OMX AB:TRANS)

Select Model

Rating:48Neutral

Price Target:SEK 5.00▲(0.50% Upside)

Action:reiterated

Date:11/13/26

Weak financial performance from margin collapse and higher leverage is the dominant factor limiting the score, partially offset by constructive technical momentum, while negative valuation metrics add further pressure.

Positive Factors

Recurring service modelThe combination of project work and recurring network operations and maintenance gives Transtema multiple ways to monetize telecom infrastructure. Ongoing servicing can provide repeat demand after deployment projects are completed, supporting customer relationships and revenue continuity when new build activity fluctuates.

Negative Factors

Severe profitability deteriorationNegative gross profit and operating results indicate that current contracts are not generating sufficient economics after costs. The shift from profitability in 2022–2023 to losses in 2024–2026 weakens earnings quality and makes internally funded investment, debt reduction, and shareholder returns less dependable.

Transtema Group AB (TRANS) vs. iShares MSCI Sweden ETF (EWD)

Market Cap: SEK 298.24M
Dividend Yield: ―
Average Volume (3M): 46.50K
Price to Earnings (P/E): -0.7
Beta (1Y): 0.53
Revenue Growth: -8.96%
EPS Growth: -357040.00%
Country: Sweden
Employees: 1,306
Sector: Communication Services
Sector Strength: 60
Industry: Telecommunications Services

Transtema Group AB Business Overview & Revenue Model

Company Description

Headquartered in Mölndal, Sweden, Transtema Group AB offers a comprehensive suite of services and solutions focused on communication and network infrastructure across the Swedish market. Established in 1997, the company's expertise spans the entire l...

How the Company Makes Money

Transtema makes money primarily by selling project-based and recurring service work to customers that own, operate, or build communications infrastructure. Key revenue streams typically include (1) network deployment and installation work (e.g., buil...

Transtema Group AB Financial Statement Overview

Summary

Collapsing profitability with negative gross margins, net losses, and revenue decline, plus rising debt-to-equity above 2.0 and negative ROE, outweigh modest TTM cash flow stabilization.

Income Statement

15Very Negative

Balance Sheet

20Very Negative

Cash Flow

40Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.44B	2.60B	2.49B	2.69B	2.46B	1.69B
Gross Profit	-545.57M	-93.53M	1.34B	1.40B	1.28B	1.11B
EBITDA	101.08M	141.45M	154.24M	377.04M	278.99M	202.41M
Net Income	-390.74M	-126.29M	-9.30M	132.09M	128.77M	88.45M
Balance Sheet
Total Assets	1.12B	1.41B	1.64B	1.71B	1.60B	859.80M
Cash, Cash Equivalents and Short-Term Investments	1.66M	5.68M	126.06M	67.11M	93.30M	177.82M
Total Debt	475.87M	663.54M	414.51M	355.84M	316.33M	172.68M
Total Liabilities	897.87M	1.00B	1.09B	1.16B	1.21B	608.44M
Stockholders Equity	226.48M	400.63M	556.47M	558.19M	387.65M	250.43M
Cash Flow
Free Cash Flow	22.95M	-78.17M	161.95M	12.56M	98.04M	196.29M
Operating Cash Flow	47.24M	-43.31M	185.56M	27.22M	109.17M	210.64M
Investing Cash Flow	-16.07M	-99.43M	-113.17M	-62.69M	-208.46M	-13.98M
Financing Cash Flow	-104.58M	26.35M	-14.37M	9.05M	14.68M	-83.90M

Transtema Group AB Technical Analysis

Technical Analysis SentimentPositive

Last Price4.97

Price Trends

50DMA4.64Positive

100DMA4.64Positive

200DMA4.42Positive

Market Momentum

MACD0.07Negative

RSI59.80Neutral

STOCH79.67Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:TRANS, the sentiment is Positive. The current price of 4.97 is above the 20-day moving average (MA) of 4.64, above the 50-day MA of 4.64, and above the 200-day MA of 4.42, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 59.80 is Neutral, neither overbought nor oversold. The STOCH value of 79.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:TRANS.

Transtema Group AB Peers Comparison

Overall Rating

UnderperformOutperform

Sector (60)

Financial Indicators

SE:TRANS against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SE:TEL2.B	73Outperform	SEK 114.04B	11.23	41.74%	6.34%	2.18%	135.71%
SE:TELIA	66Neutral	SEK 189.15B	36.95	10.00%	4.07%	-0.15%	23.71%
SE:OVZON	65Neutral	SEK 4.21B	17.12	13.33%	―	77.35%	―
Sector *	60Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
SE:TALK	60Neutral	SEK 117.19M	13.18	27.90%	―	7.92%	-43.49%
SE:ELTEL	56Neutral	SEK 2.52B	24.56	5.85%	―	-0.10%	674.16%
SE:TRANS	48Neutral	SEK 298.24M	-0.65	-107.70%	―	-8.96%	-357040.00%

* Communication Services Sector Average

Performance Comparison

SE:TRANS and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SE:TRANS	Transtema Group AB	4.97	-1.64	-24.74%
SE:TEL2.B	Tele2 AB	165.70	27.49	19.89%
SE:TELIA	Telia Company Ab	49.89	14.32	40.27%
SE:TALK	TalkPool AG	12.80	-1.05	-7.58%
SE:ELTEL	Eltel AB	15.65	7.03	81.55%
SE:OVZON	Ovzon AB	38.00	3.45	9.99%

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: Nov 13, 2026

Transtema Group AB AI Stock Analysis