CLAS-B Stock Analysis: Clas Ohlson (publ) | ST
Specialty Retail | ST, Sweden | Market Cap: 26.392m SEK | 12M Return: 22% | SE0000584948 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 43.7M
EPS Trend: 97.7%
Qual. Beats: 1
Rev. Trend: 98.4%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Clas Ohlson AB (publ) is a Sweden-based omnichannel retailer selling building, electrical, multimedia, home, and leisure products across Sweden, Norway, Finland, and select international markets. The company supplements its product range with mobile phones, electronics spare parts and accessories, and batteries, while also offering trade-related services in carpentry, electrical work, plumbing, gardening, and cleaning. Distribution is carried out through a combination of physical stores, an online shopping channel, and purchase offices. Founded in 1918 and headquartered in Insjön, Sweden, Clas Ohlson operates in the Consumer Discretionary sector within the Internet & Direct Marketing Retail sub-industry, competing in the Nordic DIY and home improvement retail space alongside other regional and pan-European players.
- Nordic consumer spending weakness pressures same-store sales growth
- Online channel expansion offsets declining physical store footfall
- Competition from Jula and Biltema weighs on gross margins
| Net Income: 1.26b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.24 > 0.02 and ΔFCF/TA -0.76 > 1.0 |
| NWC/Revenue: 13.58% < 20% (prev 10.02%; Δ 3.56% < -1%) |
| CFO/TA 0.27 > 3% & CFO 2.31b > Net Income 1.26b |
| Net Debt (-336.5m) to EBITDA (2.38b): -0.14 < 3 |
| Current Ratio: 1.52 > 1.5 & < 3 |
| Outstanding Shares: last quarter (64.0m) vs 12m ago 0.14% < -2% |
| Gross Margin: 29.48% > 18% (prev 40.98%; Δ -11.50% > 0.5%) |
| Asset Turnover: 166.2% > 50% (prev 167.4%; Δ -1.18% > 0%) |
| Interest Coverage Ratio: 20.09 > 6 (EBIT TTM 1.65b / Interest Expense TTM 82.1m) |
| A: 0.21 (Total Current Assets 5.13b - Total Current Liabilities 3.36b) / Total Assets 8.56b |
| B: 0.40 (Retained Earnings 3.40b / Total Assets 8.56b) |
| C: 0.21 (EBIT TTM 1.65b / Avg Total Assets 7.81b) |
| D: 0.69 (Book Value of Equity 3.49b / Total Liabilities 5.06b) |
| Altman-Z'' = 4.79 = AA |
| DSRI: 0.31 (Receivables 68.4m/202.0m, Revenue 13.0b/11.8b) |
| GMI: 1.39 (GM 40.98% / 29.48%) |
| AQI: 1.16 (AQ_t 0.12 / AQ_t-1 0.10) |
| SGI: 1.10 (Revenue 13.0b / 11.8b) |
| TATA: -0.12 (NI 1.26b - CFO 2.31b) / TA 8.56b) |
| Beneish M = -3.09 (Cap -4..+1) = AA |
As of September 27, 2026, the stock is trading at SEK 429.20 with a total of 58,979 shares traded. Over the past week, the price has changed by +3.37%, over one month by +0.24%, over three months by +3.87% and over the past year by +21.97%.
Current recommended Stop Loss: 398.00 (which is 7.3% or 2.4 ATR below the current price).
Clas Ohlson (publ) has no consensus analysts rating.
P/E Trailing = 21.0121
P/E Forward = 18.4162
P/S = 2.0336
P/B = 7.6293
P/EG = 3.1371
Revenue TTM = 13.0b SEK
EBIT TTM = 1.65b SEK
EBITDA TTM = 2.38b SEK
Long Term Debt = 1.31b SEK (estimated: total debt 1.86b - short term 555.2m)
Short Term Debt = 555.2m SEK (from shortTermDebt, last quarter)
Debt = 1.86b SEK (from shortLongTermDebtTotal, last quarter) (leases 1.86b already included)
Net Debt = -336.5m SEK (calculated: Debt 1.86b - CCE 2.20b)
Enterprise Value = 26.1b SEK (26.4b + Debt 1.86b - CCE 2.20b)
Interest Coverage Ratio = 20.09 (Ebit TTM 1.65b / Interest Expense TTM 82.1m)
EV/FCF = 12.79x (Enterprise Value 26.1b / FCF TTM 2.04b)
FCF Yield = 7.82% (FCF TTM 2.04b / Enterprise Value 26.1b)
FCF Margin = 15.69% (FCF TTM 2.04b / Revenue TTM 13.0b)
Net Margin = 9.73% (Net Income TTM 1.26b / Revenue TTM 13.0b)
Gross Margin = 29.48% ((Revenue TTM 13.0b - Cost of Revenue TTM 9.15b) / Revenue TTM)
Gross Margin QoQ = 11.98% (prev 50.11%)
Tobins Q-Ratio = 3.05 (Enterprise Value 26.1b / Total Assets 8.56b)
Interest Expense / Debt = 4.40% (Interest Expense 82.1m / Debt 1.86b)
Taxrate = 20.87% (333.1m / 1.60b)
NOPAT = 1.31b (EBIT 1.65b * (1 - 20.87%))
Current Ratio = 1.52 (Total Current Assets 5.13b / Total Current Liabilities 3.36b)
Debt / Equity = 0.53 (Debt 1.86b / totalStockholderEquity, last quarter 3.49b)
Debt / EBITDA = -0.14 (Net Debt -336.5m / EBITDA 2.38b)
Debt / FCF = -0.17 (Net Debt -336.5m / FCF TTM 2.04b)
Total Stockholder Equity = 3.03b (last 4 quarters mean from totalStockholderEquity)
RoA = 16.18% (Net Income 1.26b / Total Assets 8.56b)
RoE = 41.64% (Net Income TTM 1.26b / Total Stockholder Equity 3.03b)
RoCE = 37.98% (EBIT 1.65b / Capital Employed (Equity 3.03b + L.T.Debt 1.31b))
RoIC = 25.60% (NOPAT 1.31b / Invested Capital 5.10b)
WACC = 6.79% (E(26.4b)/V(28.3b) * Re(7.02%) + D(1.86b)/V(28.3b) * Rd(4.40%) * (1-Tc(0.21)))
Discount Rate = 7.02% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 88.61 | Cagr: 0.37%
[DCF] Terminal Value 77.97% ; FCFF base≈1.92b ; Y1≈2.20b ; Y5≈3.23b
[DCF] Fair Price = 847.3 (EV 48.6b - Net Debt -336.5m = Equity 49.0b / Shares 57.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 97.74 | EPS CAGR: 37.49% | SUE: 1.12 | # QB: 1
Revenue Correlation: 98.40 | Revenue CAGR: 11.56% | SUE: 0.01 | # QB: 0
EPS current Quarter (2026-10-31): EPS=6.06 | Chg30d=+5.55% | Revisions=+40% | Analysts=3
EPS next Quarter (2027-01-31): EPS=9.54 | Chg30d=+3.88% | Revisions=+40% | Analysts=2
EPS current Year (2027-04-30): EPS=22.53 | Chg30d=+5.24% | Revisions=+57% | GrowthEPS=+23.2% | GrowthRev=+13.2%
EPS next Year (2028-04-30): EPS=24.17 | Chg30d=+7.62% | Revisions=+57% | GrowthEPS=+7.3% | GrowthRev=+6.0%
[Analyst] Revisions Ratio: +80% (up=12, down=0)