Vestum AB (publ)
Vestum AB (publ) provides construction and engineering services, primarily generating revenue through project-based contracts in the industrial and commercial sectors.
Business. Vestum AB (publ) is a Swedish company operating in the Construction & Engineering industry within the broader Industrials sector. The firm is headquartered in Sweden and is primarily listed on the Nasdaq Stockholm exchange under the ticker symbol VESTUM.ST. Specific details regarding the company's operating segments and geographic revenue mix are not available.
Analyst recommendations
2 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
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Upcoming catalysts
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- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Vestum AB (publ) is a Swedish company operating in the Construction & Engineering industry within the broader Industrials sector. The firm is headquartered in Sweden and is primarily listed on the Nasdaq Stockholm exchange under the ticker symbol VESTUM.ST. Specific details regarding the company's operating segments and geographic revenue mix are not available.
Vestum's capital structure shows a debt-to-equity ratio of 0.59, indicating a moderate reliance on debt financing. The company's liquidity position is characterized as medium risk, with a current ratio of 1.56, suggesting it can cover its short-term liabilities but with limited buffer. Free cash flow of 250 million SEK indicates the company is generating positive cash from operations after capital expenditures.
Profitability metrics reveal a challenging financial position. Vestum reported a net loss of 138 million SEK and an operating loss of 9 million SEK, with a return on equity of -3.88% and a return on assets of -2.04%. These figures fall significantly below the industry median for construction and engineering firms, which typically report positive returns on equity and assets.
The company's revenue is concentrated in the construction and engineering services segment, with no disclosed geographic diversification in the provided data. This concentration increases exposure to sector-specific risks, such as project delays or cost overruns, and limits the ability to offset downturns in one region with performance in another.
Looking ahead, Vestum's growth trajectory is uncertain. The company's revenue for the latest period was 3.78 billion SEK, but no specific growth rate or outlook is provided in the data. Analysts have issued a mean price target of 11.50 SEK, with a strong buy recommendation, but this is based on limited data and does not reflect a clear path to profitability.
Risk factors include the company's negative net cash position after subtracting total debt, which raises concerns about liquidity and the ability to fund operations without external financing. The risk of dilution is currently low, but the company's negative net income and operating cash flow suggest potential future pressure to raise capital, which could lead to share dilution.
Recent events include the publication of the latest financial results, which show a net loss and negative operating income. No recent filings or transcripts are provided in the data to indicate strategic shifts or operational changes that could impact the company's future performance.
- Vestum is currently unprofitable, with a net loss of 138 million SEK and negative returns on equity and assets.
- The company's liquidity position is moderate, with a current ratio of 1.56 and free cash flow of 250 million SEK.
- Revenue is concentrated in the construction and engineering services segment, with no geographic diversification disclosed.
- Analysts have issued a strong buy recommendation, but the company's financial performance does not support a clear path to profitability.
- The risk of dilution is currently low, but the company's negative net income and operating cash flow suggest potential future capital-raising needs.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,13 |
| Revenue | —no estimate | —no estimate | 3,9B SEK |
| Operating income | —no estimate | —no estimate | 189,0M SEK |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
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- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Vestum AB (publ) Market data — financials · 2026-05-29
- Vestum AB (publ) Market data — analyst estimates · 2026-05-29