ACQ Bure AB (YUBICO) AI Stock Analysis

ACQ Bure AB

(Nasdaq OMX AB:YUBICO)

Select Model

Rating:65Neutral

Price Target:SEK 162.00▲(9.61% Upside)

Action:reiterated

Date:10/27/26

The score is primarily supported by a very strong, low-leverage balance sheet and clear bullish price trend with positive momentum. Offsetting this, profitability and free-cash-flow trends have deteriorated versus 2024, and the stock’s valuation is rich (P/E ~85.9), which meaningfully reduces the overall score.

Positive Factors

Very low leverageVery low leverage gives Yubico substantial financial flexibility and reduces refinancing risk. A conservative capital structure can help the company continue investing in authentication products, services, and market expansion while remaining more resilient if operating conditions weaken.

Negative Factors

Weak revenue trajectoryLow current growth and revenue below the 2024 level indicate that Yubico has not yet regained its earlier sales trajectory. Prolonged top-line weakness could limit operating leverage, reduce reinvestment capacity, and make future earnings growth more dependent on efficiency gains.

ACQ Bure AB (YUBICO) vs. iShares MSCI Sweden ETF (EWD)

Market Cap: SEK 12.77B
Dividend Yield: ―
Average Volume (3M): 432.22K
Price to Earnings (P/E): 84.3
Beta (1Y): 0.75
Revenue Growth: -9.25%
EPS Growth: -40.61%
Country: Sweden
Employees: 507
Sector: Technology
Sector Strength: 61
Industry: Software - Infrastructure

ACQ Bure AB Business Overview & Revenue Model

Company Description

Yubico AB specializes in delivering robust authentication solutions for businesses and digital platforms. Its flagship offering, the YubiKey, is a physical USB authentication device facilitating immediate access to networks and services across divers...

How the Company Makes Money

Yubico primarily makes money by selling authentication products and related software/services that enable phishing-resistant multi-factor authentication and passwordless access. Key revenue streams include: - Hardware product sales: The core revenue...

ACQ Bure AB Financial Statement Overview

Summary

Balance sheet strength (very low leverage; debt-to-equity ~0.02) supports resilience, but operating performance has cooled: modest TTM revenue growth (+2.16%) with profitability materially lower versus 2024 (net margin ~7.1% TTM vs ~16.0% in 2024; operating margin ~8.4% vs ~18.6%). Cash flow is positive (TTM FCF 174.1M) but weakened notably (FCF growth -41.459) and cash efficiency appears modest (OCF coverage ratio ~0.38).

Income Statement

62Positive

Balance Sheet

83Very Positive

Cash Flow

58Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.12B	2.22B	2.33B	1.83B	1.56B	0
Gross Profit	1.65B	1.73B	1.90B	1.56B	194.80M	0
EBITDA	177.60M	219.40M	467.80M	215.40M	233.70M	-7.30M
Net Income	150.90M	128.10M	371.70M	142.30M	-800.00K	-7.30M
Balance Sheet
Total Assets	2.39B	2.21B	2.21B	1.47B	3.44B	3.44B
Cash, Cash Equivalents and Short-Term Investments	1.02B	895.00M	824.10M	547.30M	293.80M	309.40M
Total Debt	31.40M	39.00M	52.30M	39.00M	52.00M	0
Total Liabilities	635.20M	554.50M	642.80M	331.60M	2.60M	2.50M
Stockholders Equity	1.75B	1.66B	1.57B	1.14B	3.44B	3.44B
Cash Flow
Free Cash Flow	174.10M	230.60M	343.80M	84.50M	-34.40M	-7.00M
Operating Cash Flow	225.90M	254.20M	343.80M	97.60M	-15.70M	-7.00M
Investing Cash Flow	-64.40M	-48.40M	-60.00M	3.41B	-18.70M	0
Financing Cash Flow	-100.10M	-102.00M	-21.80M	-3.24B	-6.70M	3.43B

ACQ Bure AB Technical Analysis

Technical Analysis SentimentPositive

Last Price147.80

Price Trends

50DMA108.27Positive

100DMA88.06Positive

200DMA70.10Positive

Market Momentum

MACD11.89Negative

RSI73.20Negative

STOCH81.98Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:YUBICO, the sentiment is Positive. The current price of 147.80 is above the 20-day moving average (MA) of 127.57, above the 50-day MA of 108.27, and above the 200-day MA of 70.10, indicating a bullish trend. The MACD of 11.89 indicates Negative momentum. The RSI at 73.20 is Negative, neither overbought nor oversold. The STOCH value of 81.98 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:YUBICO.

ACQ Bure AB Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

SE:YUBICO against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SE:YUBICO	65Neutral	SEK 12.77B	84.31	8.96%	―	-9.25%	-40.61%
SE:ENEA	62Neutral	SEK 993.01M	12.60	―	―	-2.26%	-17.63%
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SE:KNOW	60Neutral	SEK 3.21B	-11.65	-7.43%	2.05%	-5.94%	-382.16%
SE:CLAV	58Neutral	SEK 1.68B	54.11	45.59%	―	29.02%	―
SE:ADVE	52Neutral	SEK 748.64M	-76.91	-8.86%	0.82%	-12.66%	-140.16%
SE:FREJA	51Neutral	SEK 571.82M	-38.77	―	―	20.25%	21.76%

* Technology Sector Average

Performance Comparison

SE:YUBICO and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SE:YUBICO	ACQ Bure AB	147.80	52.26	54.70%
SE:CLAV	Clavister Holding AB	4.52	0.59	15.11%
SE:ADVE	Advenica AB	17.02	2.24	15.13%
SE:KNOW	Knowit AB	117.20	0.56	0.48%
SE:FREJA	Freja eID Group AB	18.95	0.85	4.70%
SE:ENEA	Enea AB	52.90	-15.90	-23.11%

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: Oct 27, 2026

ACQ Bure AB AI Stock Analysis