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

Wastbygg Gruppen AB Class B

(Nasdaq OMX AB:WBGR.B)

Select Model

Rating:52Neutral

Price Target:SEK 2.00▲(1.52% Upside)

Action:upgraded

Date:08/27/26

The overall score reflects a company in financial transition, where ongoing losses, asset shrinkage and very weak profitability are the main drags despite lower leverage and improved cash generation. Short-term technical momentum is relatively strong, with the share above key shorter-term moving averages and a positive MACD, but stretched momentum readings and a still-unresolved long-term trend cap the technical contribution to the rating. Valuation offers limited immediate support because earnings are negative and there is no visible dividend yield, so the investment case hinges on a successful fundamental turnaround rather than current pricing alone.

Positive Factors

Lower LeverageMeaningfully lower leverage gives Wästbygg greater financial flexibility across its construction and development activities. The positive equity base provides a cushion against project volatility, while reduced debt exposure can lower financing pressure and preserve capacity for future projects.

Negative Factors

Declining RevenueFalling revenue signals weaker project activity or reduced delivery volume and limits the scale over which fixed operating costs can be absorbed. Continued contraction could reduce bidding capacity, delay earnings recovery and make it harder to rebuild sustainable profitability.

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

Market Cap: SEK 347.58M
Dividend Yield: ―
Average Volume (3M): 220.59K
Price to Earnings (P/E): -0.4
Beta (1Y): 0.39
Revenue Growth: -37.50%
EPS Growth: 47.58%
Country: Sweden
Employees: 338
Sector: Industrials
Sector Strength: 63
Industry: Engineering & Construction

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 segment...

How the Company Makes Money

Wästbygg Gruppen primarily generates revenue through (1) contracting/building services and (2) property project development. In contracting, the group earns income by delivering construction projects for external customers under signed contracts, typ...

Wastbygg Gruppen AB Class B Financial Statement Overview

Summary

Overall financial performance is weak, with shrinking revenue, persistent net losses and strongly negative return on equity, partly offset by reduced leverage and a clear improvement in operating and free cash flow.

Income Statement

33Negative

Balance Sheet

49Neutral

Cash Flow

61Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.15B	4.02B	4.99B	4.99B	5.18B	3.95B
Gross Profit	106.00M	-65.00M	88.00M	88.00M	303.00M	519.00M
EBITDA	-190.00M	-406.00M	-160.00M	-183.00M	-4.00M	270.00M
Net Income	-281.00M	-559.00M	-213.00M	-213.00M	-17.00M	241.00M
Balance Sheet
Total Assets	1.77B	1.98B	3.19B	4.04B	4.47B	4.10B
Cash, Cash Equivalents and Short-Term Investments	191.00M	180.00M	178.00M	194.00M	534.00M	897.00M
Total Debt	207.00M	338.00M	581.00M	1.51B	1.46B	827.00M
Total Liabilities	1.07B	1.43B	2.23B	2.86B	2.87B	2.35B
Stockholders Equity	706.00M	541.00M	964.00M	1.18B	1.59B	1.75B
Cash Flow
Free Cash Flow	119.00M	59.00M	23.00M	-741.00M	-899.00M	-346.00M
Operating Cash Flow	126.00M	73.00M	88.00M	-717.00M	-891.00M	-319.00M
Investing Cash Flow	-20.00M	-15.00M	-69.00M	-36.00M	6.00M	-166.00M
Financing Cash Flow	-66.00M	-55.00M	-35.00M	412.00M	524.00M	520.00M

Wastbygg Gruppen AB Class B Technical Analysis

Technical Analysis SentimentNegative

Last Price1.97

Price Trends

50DMA2.32Negative

100DMA2.09Negative

200DMA1.98Negative

Market Momentum

MACD-0.11Negative

RSI41.28Neutral

STOCH67.84Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:WBGR.B, the sentiment is Negative. The current price of 1.97 is below the 20-day moving average (MA) of 2.00, below the 50-day MA of 2.32, and below the 200-day MA of 1.98, indicating a bearish trend. The MACD of -0.11 indicates Negative momentum. The RSI at 41.28 is Neutral, neither overbought nor oversold. The STOCH value of 67.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:WBGR.B.

Wastbygg Gruppen AB Class B Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

SE:WBGR.B against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SE:BRAV	83Outperform	SEK 31.73B	21.03	―	2.45%	4.26%	30.00%
SE:BYGGP	76Outperform	SEK 1.68B	9.30	―	2.03%	23.00%	66.32%
SE:INSTAL	67Neutral	SEK 10.81B	21.18	15.56%	1.24%	8.64%	96.94%
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
SE:ELTEL	56Neutral	SEK 2.62B	26.44	5.85%	―	0.40%	―
SE:WBGR.B	52Neutral	SEK 347.58M	-0.37	-42.53%	―	-37.50%	47.58%
SE:FG	47Neutral	SEK 1.30B	-5.36	―	―	1.11%	-9880.65%

* Industrials Sector Average

Performance Comparison

SE:WBGR.B and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SE:WBGR.B	Wastbygg Gruppen AB Class B	1.98	-2.40	-54.88%
SE:INSTAL	Instalco AB	40.24	16.15	67.05%
SE:ELTEL	Eltel AB	16.70	7.92	90.21%
SE:FG	Fasadgruppen Group AB	14.86	-9.59	-39.22%
SE:BRAV	Bravida Holding AB	155.00	78.44	102.45%
SE:BYGGP	ByggPartner Gruppen AB	37.00	5.35	16.91%

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

Wastbygg Gruppen AB Class B AI Stock Analysis