Handelsavisen
prelaunch
EW
EWRK.ST Nasdaq Stockholm IT Services & Consulting

Ework Group AB

kr61,00
Open in Charts → Attach watcher ⌖
SEK
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
1,1B SEK
P/E
14,1x
EV / Rev
0,1x
Div yield
6,51 %
Op margin
1,2 %
ROE
14,8 %
Net margin
0,8 %
Debt / equity
1,32
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Ework Group AB provides IT services and consulting solutions, primarily generating revenue through service contracts and project-based engagements.

Business. Ework Group AB (EWRK.ST) is a technology company operating in the IT Services & Consulting industry, providing IT services to its clients. The company is headquartered in Sweden and is listed on the Stockholm Stock Exchange under the ticker EWRK.ST. Specific details regarding operating segments and geographic revenue mix are not available.

Classification92 %
SectorTechnology
Business sectorSoftware & IT Services
IndustryIT Services & Consulting
ActivityIT Services
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
41
composite score
Valuation
14,1x
P/E
Analysts
not yet wired
Ownership
not yet wired
Profitability
14,8 %
return on equity
Quality
58
quality score (0-100)

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.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning EWRK.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,2 %+1,6 %+2,4 %
    Energy+1,2 %+5,3 %+1,4 %
    Real Estate+0,7 %+4,1 %+0,8 %
    Health Care+0,7 %−0,5 %+0,8 %
    Consumer Discretionary+0,3 %+8,7 %+0,5 %
    Information Technology · THIS SECTOR−0,3 %+6,6 %−0,1 %
    Financials−0,3 %−4,5 %−0,1 %
    Consumer Staples−1,0 %+3,0 %−0,8 %
    Utilities−1,5 %−21,2 %−1,3 %
    Industrials−1,7 %−2,3 %−1,6 %
    Communication Services

    Developing storylines

    No tracked sagas currently linked to EWRK.ST. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-07-07 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
    • Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
    • Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Composite score41 / 100
    Composite score 0-100 · Data quality 0,58
    Data quality0,58 / 1.00

    Synthesis

    Business

    Ework Group AB (EWRK.ST) is a technology company operating in the IT Services & Consulting industry, providing IT services to its clients. The company is headquartered in Sweden and is listed on the Stockholm Stock Exchange under the ticker EWRK.ST. Specific details regarding operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorTechnology
    Business sectorSoftware & IT Services
    IndustryIT Services & Consulting
    ActivityIT Services
    AI synthesis
    GENERATED

    Ework Group AB has a market capitalization of 1,076.98 million SEK and a price-to-earnings ratio of 31.17, indicating a relatively high valuation compared to its earnings. The company's price-to-book ratio is 4.62, suggesting that the market values the company significantly above its book value. The liquidity position is constrained, with negative net cash after subtracting total debt, and a current ratio of 1.04, indicating a marginal ability to meet short-term obligations.

    In terms of profitability, Ework Group AB reports a return on equity of 14.83%, which is relatively strong, but its return on assets is only 0.90%, indicating that the company is not efficiently utilizing its assets to generate returns. The operating margin is 12.48% (calculated from operating income of 51.81 million SEK on revenue of 415.06 million SEK), which is a key metric for assessing operational efficiency.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification, which may expose it to regional economic risks. The capital structure is heavily leveraged, with a debt-to-equity ratio of 1.32, indicating that the company relies more on debt financing than equity.

    Looking ahead, the company is expected to see a decline in revenue, with the mean analyst estimate of 11.95 billion SEK for the current fiscal year, compared to the actual revenue of 13.74 billion SEK in the previous year. The operating cash flow is negative at -32.32 million SEK, and the free cash flow is also negative at -82.99 million SEK, indicating that the company is not generating sufficient cash from operations to fund its activities.

    Recent filings and transcripts do not indicate any major events that would significantly impact the company's operations or financial position in the near term. However, the company's liquidity position remains a concern, with a negative net cash position and a current ratio just above 1.

    Key takeaways
    • Ework Group AB has a high price-to-earnings ratio, indicating a premium valuation relative to earnings.
    • The company's return on equity is strong, but its return on assets is weak, suggesting inefficiencies in asset utilization.
    • The company's revenue is concentrated in a single business segment, increasing exposure to sector-specific risks.
    • The company is expected to see a decline in revenue, with a negative operating and free cash flow.
    • The company's liquidity position is constrained, with a current ratio of 1.04 and a negative net cash position.

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 2

    Capex intensity is favorable compared to peers, ranking in the top quartile of the IT Services cohort.

    Dilution risk is assessed as low, suggesting limited immediate threat to existing shareholder equity value.

    BEAR CASE · 2

    Operating margin of 1.25% is well below the IT Services cohort median of 5.13%, highlighting weak pricing power.

    Debt-to-equity ratio of 1.32 is in the bottom quartile of peers, indicating excessive financial leverage and high credit risk.

    In focus — financials by report

    Quarterly
    Annual
    QUARTERLYFiled 2026-02-19
    Q4 2025 · Quarter highlights

    Revenue kr 3.64B, −12,5% YoY; Operating income −70,2% YoY.

    Revenuekr 3.64B−12,5 % YoY
    Operating incomekr 16.2M−70,2 % YoY
    Net incomekr 10.4M−75,2 % YoY
    Free cash flowkr 20.6M−57,1 % YoY
    EPS
    Operating cash flowkr 122.8M−30,3 % YoY
    Financials
    Income statement
    Revenuekr 3.64B
    Gross profitkr 150.8M
    Operating incomekr 16.2M
    Net incomekr 10.4M
    Margins
    Gross margin4.1%
    Operating margin0.4%
    Net margin0.3%
    FCF margin0.6%
    Balance sheet
    Total assetskr 3.22B
    Total liabilitieskr 2.97B
    Total equitykr 249.8M
    Cash & equivalentskr 60.6M
    Long-term debtkr 189.8M
    Cash flow
    Operating cash flowkr 122.8M
    CapEx-kr 11.0M
    Free cash flowkr 20.6M
    SBC
    P&L flow · revenue → net income
    Revenue kr 3.64BOperating costs kr 3.62BTax kr 5.8MNet income kr 10.4M
    Highlights
    • Revenue kr 3.64B, −12,5% YoY
    • Operating income −70,2% YoY
    • Net income −75,2% YoY
    • Free cash flow −57,1% YoY
    • Net margin 0.3%

    Valuation TTM

    Market price
    kr61,00
    Market cap
    kr1.08B
    Enterprise value
    kr1.37B
    P/E
    14.1x
    Non-GAAP P/E
    EV / Revenue
    0.1x
    EV / Op income
    11.2x
    EV / OCF
    P / B
    4.6x
    P / Tangible book
    4.6x
    Tangible book
    kr232.9M
    Net cash
    -kr294.5M
    Current ratio
    1.0
    Debt / equity
    1.3
    ROA
    0.9%
    ROE
    14.8%
    Cash conversion
    -94.0%
    CapEx / revenue
    -0.2%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    4,13
    Predicted surprise
    0,00
    Beat probability
    45 %
    Analysts
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-16 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate4,13
    Revenueno estimateno estimate11,9B SEK
    Operating incomeno estimateno estimate108,0M SEK
    Full-year consensus mean (period as reported by source) · consensus in SEK. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-07-07

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Operating income · consensus108,0M SEK
    EPS surprise
    +6,8 %
    reported vs consensus · beat
    Revenue surprise
    +15,0 %
    reported vs consensus · beat

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin1,2 %Below median
    Net Margin0,8 %Below median
    ROE14,8 %Above P75
    Capex / Rev-0,2 %Above P75
    D/E1,32Bottom quartile
    Cash Conv-0,94Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • Ework Group AB Market data — financials · 2026-05-27
    • Ework Group AB Market data — analyst estimates · 2026-05-27
    • Ework Group AB Market data — ESG · 2026-05-27

    Ownership & reference

    Leadership

    • Karin SchreilPresident, Chief Executive Officer

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    EWRK.STCanonical
    Nasdaq Stockholm · SEK

    Intel & risk

    PredictorBeat prob45 %Surprise0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-02-19 07:14 UTCEARNINGSQuarterly results — Q4 2025 Revenue SEK 3.64B · Net SEK 10.4M
    2026-02-19 07:14 UTCEARNINGSAnnual results — FY 2026 Revenue SEK 13.74B · Net SEK 76.2M
    2025-10-23 07:00 UTCEARNINGSQuarterly results — Q3 2025 Revenue SEK 2.99B · Net SEK 15.7M
    2025-07-18 08:33 UTCEARNINGSQuarterly results — Q2 2025 Revenue SEK 3.60B · Net SEK 33.3M
    2025-05-14 08:30 UTCEARNINGSQuarterly results — Q1 2025 Revenue SEK 3.51B · Net SEK 16.9M
    2025-02-21 08:45 UTCEARNINGSQuarterly results — Q4 2024 Revenue SEK 4.16B · Net SEK 41.8M
    2025-02-21 08:45 UTCEARNINGSAnnual results — FY 2025 Revenue SEK 15.76B · Net SEK 138.5M
    2024-10-23 12:50 UTCEARNINGSQuarterly results — Q3 2024 Revenue SEK 3.23B · Net SEK 25.7M
    2024-07-19 09:15 UTCEARNINGSQuarterly results — Q2 2024 Revenue SEK 4.15B · Net SEK 34.5M
    2024-02-08 09:33 UTCEARNINGSAnnual results — FY 2024 Revenue SEK 17.21B · Net SEK 129.0M
    2023-02-09 11:44 UTCEARNINGSAnnual results — FY 2023 Revenue SEK 16.07B · Net SEK 139.2M
    2022-02-10 07:25 UTCEARNINGSAnnual results — FY 2022 Revenue SEK 13.19B · Net SEK 98.0M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-07-07 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage