Want to see SE:WAYS full AI Analyst Report?
Top Page
Waystream Group AB
(WAYS)
Select Model
Select Model
Rating:58Neutral
Price Target:
kr42.00
▲(5.00% Upside)
Action:Reiterated
Date:10/09/26
The score is primarily supported by a conservative, low-debt balance sheet and improved recent cash generation, but is held back by thin current margins and historically volatile profitability. Technical indicators are broadly neutral and do not add strong support, while the very high P/E meaningfully pressures the overall score.
Positive Factors
Conservative balance sheet
Very low leverage reduces financial risk and limits interest-related pressure on future earnings. The equity-supported balance sheet also gives Waystream greater flexibility to withstand softer operating conditions and fund product or market initiatives without relying heavily on additional debt.
Negative Factors
Thin current margins
Thin current margins leave limited room for execution setbacks, cost increases, or weaker project economics before profitability is materially affected. They also constrain internally generated funds and mean that revenue growth may not translate into durable earnings growth unless operating leverage improves.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage reduces financial risk and limits interest-related pressure on future earnings. The equity-supported balance sheet also gives Waystream greater flexibility to withstand softer operating conditions and fund product or market initiatives without relying heavily on additional debt.
Read all positive factors
Waystream Group AB (WAYS) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr334.98M
Dividend Yield1.05%
Average Volume (3M)12.31K
Price to Earnings (P/E)191.0
Beta (1Y)-0.04
Revenue Growth16.73%
EPS Growth202.62%
CountrySE
Employees26
SectorGeneral
Sector StrengthN/A
IndustryCommunication Equipment
Share Statistics
EPS (TTM)N/A
Shares Outstanding8,769,175
10 Day Avg. Volume4,667
30 Day Avg. Volume12,311
Financial Highlights & Ratios
PEG Ratio-0.17
Price to Book (P/B)4.49
Price to Sales (P/S)2.41
P/FCF Ratio14.91
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Waystream Group AB Business Overview & Revenue Model
Company Description
Waystream Holding AB (publ), established in Kista, Sweden in 2001, specializes in delivering network hardware and solutions, specifically routers and high-performance access switches. These products are integral to high-speed broadband infrastruct...
How the Company Makes Money
Waystream makes money primarily by selling networking hardware used in broadband/fiber access networks, especially Ethernet access switches deployed at the network edge (e.g., in access nodes and aggregation points). Revenue is generated mainly fr...
Waystream Group AB Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
78
Positive
Cash Flow
63
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 145.00M | 136.87M | 115.15M | 100.31M | 140.34M | 91.60M |
| Gross Profit | 23.25M | 23.82M | 53.75M | 62.83M | 87.34M | 65.43M |
| EBITDA | 16.23M | 24.16M | -5.76M | 1.39M | 32.88M | 24.93M |
| Net Income | 1.79M | 10.30M | -11.79M | -4.81M | 20.56M | 14.77M |
Balance Sheet | ||||||
| Total Assets | 158.13M | 147.15M | 113.25M | 128.59M | 127.18M | 78.40M |
| Cash, Cash Equivalents and Short-Term Investments | 12.40M | 21.30M | 5.07M | 2.80M | 27.21M | 26.24M |
| Total Debt | 2.17M | 1.00K | 11.17M | 12.84M | 2.01M | 1.99M |
| Total Liabilities | 60.88M | 73.68M | 56.26M | 62.04M | 51.78M | 24.05M |
| Stockholders Equity | 97.25M | 73.47M | 56.98M | 66.56M | 75.40M | 54.35M |
Cash Flow | ||||||
| Free Cash Flow | 25.10M | 22.10M | 3.91M | -29.02M | 978.00K | 17.62M |
| Operating Cash Flow | 19.59M | 37.64M | 15.09M | -17.99M | 10.10M | 27.00M |
| Investing Cash Flow | -24.54M | -15.54M | -11.18M | -11.02M | -9.12M | -9.39M |
| Financing Cash Flow | 9.57M | -5.92M | -1.67M | 4.78M | -52.00K | 740.00K |
Waystream Group AB Technical Analysis
Negative
40.00
Price Trends
39.42
Negative
39.68
Negative
40.19
Negative
Market Momentum
-0.05
Positive
44.29
Neutral
38.73
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:WAYS, the sentiment is Negative. The current price of 40 is below the 20-day moving average (MA) of 40.29, above the 50-day MA of 39.42, and below the 200-day MA of 40.19, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 44.29 is Neutral, neither overbought nor oversold. The STOCH value of 38.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:WAYS.
Waystream Group AB Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | kr644.19M | 18.75 | ― | ― | 2.76% | 92.66% | |
62 Neutral | kr925.82M | -65.02 | -2.24% | ― | -14.51% | -1025.00% | |
58 Neutral | kr334.98M | 191.00 | ― | 1.05% | 16.73% | 202.62% | |
56 Neutral | kr9.28B | 210.20 | 1.20% | 0.13% | 4.60% | -89.25% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | kr718.17M | -225.38 | ― | 0.63% | -9.23% | -111.03% | |
42 Neutral | kr553.05M | -7.08 | -77.33% | ― | -8.74% | -70.62% |
* General Sector Average
SE:WAYS
Waystream Group AB
38.80
2.60
7.18%
SE:HTRO
Hexatronic Group AB
42.10
23.29
123.82%
SE:GAPW.B
Gapwaves AB Class B
14.74
-10.97
-42.66%
SE:NETI.B
Net Insight AB Class B
2.72
-1.23
-31.18%
SE:ALCA
Alcadon Group AB
29.50
8.40
39.81%
SE:LUMEN
LumenRadio AB
51.20
2.55
5.24%
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.