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POLYG.ST Nasdaq Stockholm Specialty Chemicals

Polygiene Group AB

kr4,80
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Mcap
175,3M SEK
P/E
EV / Rev
1,1x
Div yield
0,00 %
Op margin
3,3 %
ROE
-0,2 %
Net margin
-2,0 %
Debt / equity
0,01
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Polygiene Group AB is a specialty chemicals company that develops and markets odor control solutions for textiles, primarily through its silver-based antimicrobial technology.

Business. Polygiene Group AB (POLYG.ST) is a specialty chemicals company headquartered in Sweden and listed on the Nasdaq Stockholm exchange. The firm operates within the Basic Materials sector, specifically focusing on the development and production of specialty chemical formulations. As detailed segment and geographic breakdowns are not provided, the company is described at the industry level as a participant in the specialty chemicals market.

Classification92 %
SectorBasic Materials
Business sectorChemicals
IndustrySpecialty Chemicals
ActivityChemicals
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
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
-0,2 %
return on equity
Quality
not yet scored

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 POLYG.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials · THIS SECTOR+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

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

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • 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

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Polygiene Group AB (POLYG.ST) is a specialty chemicals company headquartered in Sweden and listed on the Nasdaq Stockholm exchange. The firm operates within the Basic Materials sector, specifically focusing on the development and production of specialty chemical formulations. As detailed segment and geographic breakdowns are not provided, the company is described at the industry level as a participant in the specialty chemicals market.

    Classification92 %
    SectorBasic Materials
    Business sectorChemicals
    IndustrySpecialty Chemicals
    ActivityChemicals
    AI synthesis
    GENERATED

    Polygiene maintains a strong liquidity position with a current ratio of 5.08 and cash and equivalents of 54.28 million SEK, representing 16.4% of total assets. The company's price-to-book ratio of 0.7 and price-to-tangible-book ratio of 0.7 indicate a significant discount to net asset value, while the debt-to-equity ratio of 0.01 shows minimal leverage.

    The company reported a net loss of 745,000 SEK for the period, with a negative return on equity of -0.24% and return on assets of -0.23%. These metrics fall below the typical performance benchmarks for specialty chemicals firms, which usually maintain positive ROE above 10% and ROA above 5%.

    Polygiene operates as a single-segment business with 100% revenue concentration in its core antimicrobial solutions. The company's geographic exposure is not disclosed in the available data, but its market capitalization of 215.5 million SEK suggests limited international scale compared to global specialty chemicals peers.

    Analysts project a significant revenue increase to 175 million SEK for the current fiscal year, representing a 16.4% year-over-year growth from the 150.35 million SEK reported in the latest period. However, the company's negative net income of -0.15 SEK per share contrasts sharply with the 0.71 SEK mean EPS estimate.

    The risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. The company's free cash flow of 321,000 SEK and capital expenditures of -802,000 SEK suggest modest reinvestment activity.

    Recent analyst estimates show consensus price targets of 22.00 SEK, implying a 272% upside from the current market price of 5.9 SEK. This wide valuation gap reflects either significant growth expectations or potential mispricing in the current market.

    Key takeaways
    • Polygiene trades at a significant discount to book value with a price-to-book ratio of 0.7
    • The company has strong liquidity with 54.28 million SEK in cash and equivalents
    • Analysts project a 16.4% revenue increase to 175 million SEK for the current fiscal year
    • The current market price of 5.9 SEK is well below the 22.00 SEK analyst price target consensus
    • Polygiene's negative ROE of -0.24% indicates poor capital efficiency compared to industry benchmarks

    Bull / Bear case

    Generated · model-assisted
    BULL CASE · 5

    Analysts project 350.8% upside to a consensus price target of 22.0 SEK, significantly above the current market price of 4.88 SEK.

    The company maintains a very low debt-to-equity ratio of 0.01, ranking in the top quartile compared to the 0.23 cohort median.

    Revenue stabilized at 156.9 million SEK in FY2025, marking a recovery from the 113.5 million SEK low recorded in FY2024.

    Gross profit remained robust at 103.8 million SEK in FY2025, indicating strong underlying product margins despite operating losses.

    Free cash flow turned positive to 9.1 million SEK in FY2025, reversing the severe negative cash flow seen in FY2024.

    BEAR CASE · 1

    Return on equity of -0.24% places the company in the bottom quartile of its 244-company peer group.

    In focus — financials by report

    Quarterly
    Annual
    QUARTERLYFiled 2026-02-12
    Q4 2025 · Quarter highlights

    Revenue kr 36.8M, −17,6% YoY; Operating income −158,7% YoY.

    Revenuekr 36.8M−17,6 % YoY
    Operating income-kr 2.6M−158,7 % YoY
    Net income-kr 3.6M−193,0 % YoY
    Free cash flow-kr 7.9M−261,5 % YoY
    EPS
    Operating cash flow-kr 9.8M−140,2 % YoY
    Financials
    Income statement
    Revenuekr 36.8M
    Gross profitkr 23.8M
    Operating income-kr 2.6M
    Net income-kr 3.6M
    Margins
    Gross margin64.7%
    Operating margin-7.0%
    Net margin-9.6%
    FCF margin-21.3%
    Balance sheet
    Total assetskr 304.7M
    Total liabilitieskr 28.6M
    Total equitykr 276.2M
    Cash & equivalents
    Long-term debtkr 2.8M
    Cash flow
    Operating cash flow-kr 9.8M
    CapEx-kr 4.2M
    Free cash flow-kr 7.9M
    SBC
    P&L flow · revenue → net income
    Revenue kr 36.8MOperating costs kr 39.4MTax kr 968.0kNet income kr 3.6M
    Highlights
    • Revenue kr 36.8M, −17,6% YoY
    • Operating income −158,7% YoY
    • Net income −193,0% YoY
    • Free cash flow −261,5% YoY
    • Net margin -9.6%

    Valuation TTM

    Market price
    kr4,80
    Market cap
    kr215.5M
    Enterprise value
    kr164.5M
    P/E
    Non-GAAP P/E
    EV / Revenue
    1.1x
    EV / Op income
    EV / OCF
    17.6x
    P / B
    0.7x
    P / Tangible book
    0.7x
    Tangible book
    kr306.1M
    Net cash
    kr51.0M
    Current ratio
    5.1
    Debt / equity
    0.0
    ROA
    -0.2%
    ROE
    -0.2%
    Cash conversion
    -1255.0%
    CapEx / revenue
    -2.2%
    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
    0,71
    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 estimate0,71
    Revenueno estimateno estimate175,0M SEK
    Operating incomeno estimateno estimate30,0M 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 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    12-month price targetkr22,00 · Median kr22,00
    Low kr22,00High kr22,00
    Operating income · consensus30,0M SEK
    EPS surprise
    −121,1 %
    reported vs consensus · miss
    Revenue surprise
    −14,1 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Lowkr22,00
    Meankr22,00
    Mediankr22,00
    Highkr22,00
    Spotkr4,80
    +358.3 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin3,3 %Below median
    Net Margin-2,1 %Bottom quartile
    ROE-0,2 %Bottom quartile
    Capex / Rev-2,2 %Above median
    D/E0,01Above P75
    Cash Conv-12,55Bottom 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
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • 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
    • Polygiene Group AB Market data — financials · 2026-05-29
    • Polygiene Group AB Market data — analyst estimates · 2026-05-29
    • Polygiene Group AB Market data — ESG · 2026-05-29

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

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

    Intel & risk

    PredictorBeat prob45 %Surprise0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-02-12 09:12 UTCEARNINGSQuarterly results — Q4 2025 Revenue SEK 36.8M · Net SEK -3.6M
    2026-02-12 09:12 UTCEARNINGSAnnual results — FY 2026 Revenue SEK 146.6M · Net SEK -5.6M
    2025-10-23 07:00 UTCEARNINGSQuarterly results — Q3 2025 Revenue SEK 36.4M · Net SEK 1.8M
    2025-07-24 07:00 UTCEARNINGSQuarterly results — Q2 2025 Revenue SEK 31.9M · Net SEK -3.9M
    2025-04-24 07:00 UTCEARNINGSQuarterly results — Q1 2025 Revenue SEK 41.5M · Net SEK 0.0M
    2025-02-13 07:00 UTCEARNINGSQuarterly results — Q4 2024 Revenue SEK 44.7M · Net SEK 3.8M
    2025-02-13 07:00 UTCEARNINGSAnnual results — FY 2025 Revenue SEK 156.9M · Net SEK 4.8M
    2024-10-24 07:00 UTCEARNINGSQuarterly results — Q3 2024 Revenue SEK 40.8M · Net SEK 0.7M
    2024-07-23 08:20 UTCEARNINGSQuarterly results — Q2 2024 Revenue SEK 36.4M · Net SEK -0.7M
    2024-02-15 07:41 UTCEARNINGSAnnual results — FY 2024 Revenue SEK 113.5M · Net SEK -321.9M
    2023-02-16 07:04 UTCEARNINGSAnnual results — FY 2023 Revenue SEK 173.6M · Net SEK 8.4M
    2022-02-24 09:18 UTCEARNINGSAnnual results — FY 2022 Revenue SEK 181.6M · Net SEK 32.8M
    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 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage