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XP Chemistries AB (SE:XPC)
:XPC
Sweden Market
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XP Chemistries AB (XPC) AI Stock Analysis

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SE:XPC

XP Chemistries AB

(XPC)

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Neutral 48 (OpenAI - Gpt-5.6Sol)
Rating:48Neutral
Price Target:
kr0.21
▲(22.35% Upside)
Action:Reiterated
Date:09/06/26
The score is held down mainly by weak financial performance—large ongoing losses and negative free cash flow—despite the benefit of a debt-free balance sheet. Technicals are supportive with price strength above moving averages and a positive MACD, but overbought RSI/Stoch readings temper the outlook. Valuation is also constrained because profitability is negative (negative P/E) and no dividend yield is available.
Positive Factors
Debt-free balance sheet
A debt-free balance sheet reduces financial risk and avoids interest and refinancing burdens while the company scales. The sizeable equity base provides some resilience against operating volatility, although continued losses could gradually weaken this cushion.
Negative Factors
Persistent net losses
Deep and continuing losses show that the current revenue base does not yet cover the company’s operating cost structure. Persistent negative profitability can erode equity, increase reliance on external funding, and delay the point at which growth translates into sustainable earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
A debt-free balance sheet reduces financial risk and avoids interest and refinancing burdens while the company scales. The sizeable equity base provides some resilience against operating volatility, although continued losses could gradually weaken this cushion.
Read all positive factors

XP Chemistries AB (XPC) vs. iShares MSCI Sweden ETF (EWD)

XP Chemistries AB Business Overview & Revenue Model

Company Description
As a biotechnology company, XP Chemistries AB specializes in the development and production of forest-derived capsaicin and its related compounds. Its diverse offerings include ingredients for animal nutrition, components for cosmetic formulations...
How the Company Makes Money
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XP Chemistries AB Financial Statement Overview

Summary
Financials are the primary weakness: the company is deeply loss-making (TTM net margin ~-29.9%) with persistent cash burn (TTM operating cash flow ~-11.7m; free cash flow ~-12.3m). The main offset is a debt-free balance sheet with a solid equity base, though equity is declining and ROE remains strongly negative.
Income Statement
18
Very Negative
Balance Sheet
54
Neutral
Cash Flow
22
Negative
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue320.05K327.39K283.94K663.68K1.06M279.39K
Gross Profit226.78K127.68K328.97K335.61K488.98K149.56K
EBITDA-10.28M-9.05M-7.52M-8.70M-8.73M-5.01M
Net Income-9.56M-8.52M-7.13M-8.04M-7.92M-4.55M
Balance Sheet
Total Assets33.90M38.07M22.72M27.20M30.65M34.39M
Cash, Cash Equivalents and Short-Term Investments9.71M15.23M2.15M7.83M15.20M21.40M
Total Debt0.000.000.000.000.000.00
Total Liabilities1.77M1.13M1.16M1.51M1.58M3.09M
Stockholders Equity32.14M36.94M21.56M25.69M29.07M31.30M
Cash Flow
Free Cash Flow-12.34M-9.18M-8.53M-11.41M-11.80M-8.13M
Operating Cash Flow-11.68M-8.85M-7.69M-9.08M-9.85M-4.99M
Investing Cash Flow-1.30M-332.30K-834.96K-2.33M-1.95M-6.31M
Financing Cash Flow22.47M22.26M2.85M4.04M5.60M32.70M

XP Chemistries AB Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.17
Price Trends
50DMA
0.17
Positive
100DMA
0.17
Positive
200DMA
0.18
Positive
Market Momentum
MACD
<0.01
Negative
RSI
65.55
Neutral
STOCH
71.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:XPC, the sentiment is Positive. The current price of 0.17 is below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.17, and below the 200-day MA of 0.18, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 65.55 is Neutral, neither overbought nor oversold. The STOCH value of 71.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:XPC.

XP Chemistries AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
69
Neutral
kr27.58M7.96-17.14%88.76%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
54
Neutral
kr327.98M-17.28-8.17%-1.90%-13.63%
49
Neutral
kr419.44M-32.5954.37%52.22%
48
Neutral
kr65.94M-5.37
46
Neutral
kr490.32M-10.903.26%16.82%
43
Neutral
kr269.36M-6.06-40.40%6.62%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:XPC
XP Chemistries AB
0.20
-0.06
-23.60%
SE:NEXAM
Nexam Chemical Holding AB
3.19
-0.81
-20.25%
SE:ENZY
Enzymatica AB
2.10
-0.22
-9.48%
SE:IMPC
Impact Coatings AB
2.49
-1.32
-34.71%
SE:CLBIO
Corline Biomedical AB
16.20
1.30
8.72%
SE:PCAT
Photocat A/S
4.50
-3.50
-43.75%
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: Sep 06, 2026