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Wastbygg Gruppen AB Class B (SE:WBGR.B)
:WBGR.B
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Wastbygg Gruppen AB Class B (WBGR.B) AI Stock Analysis

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SE:WBGR.B

Wastbygg Gruppen AB Class B

(WBGR.B)

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Neutral 50 (OpenAI - Gpt-5.6Sol)
Rating:50Neutral
Price Target:
kr2.50
▲(10.13% Upside)
Action:Reiterated
Date:08/27/26
The score is held back primarily by weak financial performance, with contracting revenue and continued losses despite balance sheet improvement and better recent cash generation. Technicals are a relative positive with improving medium-term trend and positive MACD, but near-overbought readings and trading below the 200-day average limit upside. Valuation remains unattractive/unclear due to negative earnings and no dividend yield data.
Positive Factors
Lower leverage and positive equity
Meaningfully lower leverage and a positive equity base improve financial resilience compared with elevated 2023 debt levels. This gives the group more capacity to absorb project volatility and preserve funding flexibility while it works to restore sustainable profitability.
Negative Factors
Contracting revenue contraction
Declining revenue signals weaker project activity or reduced execution volume and limits operating leverage across the group. Continued top-line contraction can make overhead absorption harder and reduce the base from which the company can rebuild margins and earnings over coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Lower leverage and positive equity
Meaningfully lower leverage and a positive equity base improve financial resilience compared with elevated 2023 debt levels. This gives the group more capacity to absorb project volatility and preserve funding flexibility while it works to restore sustainable profitability.
Read all positive factors

Wastbygg Gruppen AB Class B (WBGR.B) vs. iShares MSCI Sweden ETF (EWD)

Wastbygg Gruppen AB Class B Business Overview & Revenue Model

Company Description
Wästbygg Gruppen AB (publ) is a Swedish enterprise dedicated to construction and real estate development, conducting its operations exclusively within Sweden. The company organizes its services across three primary divisions. Its Residential segme...
How the Company Makes Money
Wästbygg Gruppen AB primarily makes money through (1) construction contracting and (2) property/project development. In construction contracting, the company earns revenue by delivering building projects for customers under contract (often as a ma...

Wastbygg Gruppen AB Class B Financial Statement Overview

Summary
Overall fundamentals are mixed but still pressured. Profitability remains the core weakness (TTM revenue -9.3%, continued losses with ~-8.9% net margin after a multi-year decline from 2021). Offsetting this, the balance sheet has de-risked (debt down to 207m; debt/equity ~0.29; equity 706m) and cash generation has improved (TTM operating cash flow 126m; free cash flow 119m), though cash flow durability is uncertain given historical volatility.
Income Statement
24
Negative
Balance Sheet
52
Neutral
Cash Flow
48
Neutral
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue3.15B4.02B4.99B4.99B5.18B3.95B
Gross Profit106.00M-65.00M88.00M88.00M303.00M519.00M
EBITDA-190.00M-406.00M-160.00M-183.00M-2.00M270.00M
Net Income-281.00M-559.00M-213.00M-213.00M-17.00M241.00M
Balance Sheet
Total Assets1.77B1.98B3.19B4.04B4.47B4.10B
Cash, Cash Equivalents and Short-Term Investments191.00M180.00M178.00M194.00M534.00M897.00M
Total Debt207.00M338.00M581.00M1.51B1.46B827.00M
Total Liabilities1.07B1.43B2.23B2.86B2.87B2.35B
Stockholders Equity706.00M541.00M964.00M1.18B1.59B1.75B
Cash Flow
Free Cash Flow119.00M59.00M23.00M-741.00M-899.00M-346.00M
Operating Cash Flow126.00M73.00M88.00M-717.00M-891.00M-319.00M
Investing Cash Flow-20.00M-15.00M-69.00M-36.00M6.00M-166.00M
Financing Cash Flow-66.00M-55.00M-35.00M412.00M524.00M520.00M

Wastbygg Gruppen AB Class B Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.27
Price Trends
50DMA
2.04
Positive
100DMA
1.75
Positive
200DMA
2.40
Positive
Market Momentum
MACD
0.20
Negative
RSI
70.90
Negative
STOCH
87.98
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:WBGR.B, the sentiment is Positive. The current price of 2.27 is below the 20-day moving average (MA) of 2.31, above the 50-day MA of 2.04, and below the 200-day MA of 2.40, indicating a bullish trend. The MACD of 0.20 indicates Negative momentum. The RSI at 70.90 is Negative, neither overbought nor oversold. The STOCH value of 87.98 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:WBGR.B.

Wastbygg Gruppen AB Class B Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
kr28.66B20.382.67%1.66%26.04%
74
Outperform
kr1.65B10.202.07%21.69%98.73%
66
Neutral
kr10.26B26.5112.77%1.33%4.03%38.99%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
50
Neutral
kr482.21M-0.51-42.53%5.32%-37.50%47.58%
47
Neutral
kr1.67B-6.923.74%1.11%-9880.65%
42
Neutral
kr2.19B52.912.32%0.25%0.40%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:WBGR.B
Wastbygg Gruppen AB Class B
2.75
-2.05
-42.76%
SE:INSTAL
Instalco AB
37.66
12.68
50.78%
SE:ELTEL
Eltel AB
13.85
1.85
15.42%
SE:FG
Fasadgruppen Group AB
18.98
-14.30
-42.97%
SE:BRAV
Bravida Holding AB
142.40
55.80
64.43%
SE:BYGGP
ByggPartner Gruppen AB
36.30
7.60
26.49%
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 27, 2026