Elekta AB (publ)

Elekta’s capital structure is characterized by significant leverage and tight liquidity. The company reports total equity of SEK 7.1 billion against total liabilities of SEK 19.9 billion, resulting in a debt-to-equity ratio of 1.03. Long-term debt stands at SEK 7.3 billion, while cash and equivalents are limited to SEK 2.3 billion, leading to a negative net cash position. The current ratio of 0.87 indicates that current liabilities exceed current assets, signaling medium liquidity risk. The market capitalization is SEK 1.78 billion, implying a substantial discount to book value with a price-to-book ratio of 0.25.

Profitability metrics are currently negative, reflecting operational challenges. Net income is -SEK 519 million, yielding a return on equity (ROE) of -4.03% and a return on assets (ROA) of -1.06%. While gross profit is SEK 6.25 billion on revenue of SEK 16.72 billion, operating income is compressed to SEK 239 million, indicating high operating expenses relative to sales. The EV/EBITDA multiple is 12.61, and EV/Revenue is 0.38, suggesting the market prices the company conservatively given its current earnings trajectory.

Revenue concentration and geographic exposure details are not provided in the available data. The company’s total revenue is SEK 16.72 billion, but specific segment breakdowns or regional contributions are absent from the current snapshot. Consequently, analysis of revenue concentration risk or geographic diversification cannot be performed based on the present information.

Growth trajectory analysis is limited due to the absence of historical period data. The current financial snapshot provides a single-period view of revenue and net income. Without 5-year annual or 8-quarter quarterly data, it is not possible to assess year-over-year growth rates, revenue trends, or the consistency of earnings performance over time.

Risk assessment highlights medium liquidity risk and low dilution risk. Key flags indicate that net cash is negative after subtracting total debt, which constrains financial flexibility. The dilution risk is assessed as low, with basic and diluted shares outstanding being identical at 367.1 million, suggesting no immediate significant option or warrant dilution. The primary financial risk stems from the leverage profile and the ability to service debt given the current negative net income.

Recent events and market sentiment are reflected in analyst estimates. The mean price target is SEK 57.50, with a median of SEK 55.00, significantly higher than the current market price of SEK 4.86. The mean recommendation is 3.06, indicating a neutral to slightly bearish consensus, with 2 strong buys, 4 buys, and 3 holds. No specific filing, news, or transcript observations are provided in the current data set to detail recent corporate actions or strategic announcements.

Revenue kr 4.76B; Operating income -kr 461.0M.

• ▍Revenue kr 4.76B
• ▍Operating income -kr 461.0M
• ▍Net margin -18.2%

Revenue kr 4.24B, −9,7% YoY; Operating income −83,4% YoY.

• ▍Revenue kr 4.24B, −9,7% YoY
• ▍Operating income −83,4% YoY
• ▍Net income −97,4% YoY
• ▍Free cash flow −84,1% YoY
• ▍Net margin 0.2%

Revenue kr 4.07B, −6,2% YoY; Operating income +0,5% YoY.

• ▍Revenue kr 4.07B, −6,2% YoY
• ▍Operating income +0,5% YoY
• ▍Net income +9,0% YoY
• ▍Free cash flow +463,8% YoY
• ▍Net margin 5.7%

Revenue kr 4.70B; Operating income kr 525.0M.

• ▍Revenue kr 4.70B
• ▍Operating income kr 525.0M
• ▍Net margin 7.3%

Revenue kr 4.34B; Operating income kr 388.0M.

• ▍Revenue kr 4.34B
• ▍Operating income kr 388.0M
• ▍Net margin 4.9%

Revenue kr 3.83B; Operating income kr 174.0M.

• ▍Revenue kr 3.83B
• ▍Operating income kr 174.0M
• ▍Net margin 1.9%

Revenue kr 16.72B, −7,2% YoY; Operating income −74,0% YoY.

• ▍Revenue kr 16.72B, −7,2% YoY
• ▍Operating income −74,0% YoY
• ▍Net income −319,9% YoY
• ▍Free cash flow −32,6% YoY
• ▍Net margin -3.1%

Revenue kr 18.02B, −0,6% YoY; Operating income −56,4% YoY.

• ▍Revenue kr 18.02B, −0,6% YoY
• ▍Operating income −56,4% YoY
• ▍Net income −81,9% YoY
• ▍Free cash flow −676,2% YoY
• ▍Net margin 1.3%

Revenue kr 18.12B, +7,4% YoY; Operating income +46,1% YoY.

• ▍Revenue kr 18.12B, +7,4% YoY
• ▍Operating income +46,1% YoY
• ▍Net income +38,2% YoY
• ▍Free cash flow +74,3% YoY
• ▍Net margin 7.2%

Revenue kr 16.87B, +15,9% YoY; Operating income −13,9% YoY.

• ▍Revenue kr 16.87B, +15,9% YoY
• ▍Operating income −13,9% YoY
• ▍Net income −18,2% YoY
• ▍Free cash flow −761,8% YoY
• ▍Net margin 5.6%

Revenue kr 14.55B; Operating income kr 1.64B.

• ▍Revenue kr 14.55B
• ▍Operating income kr 1.64B
• ▍Net margin 7.9%