NEWA-B Stock Analysis: New Wave (publ) | ST
Specialty Retail | ST, Sweden | Market Cap: 12.055m SEK | 12M Return: -15.7% | SE0020356970 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 28.9M
EPS Trend: -84.5%
Qual. Beats: 0
Rev. Trend: 83.3%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
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.
New Wave Group AB is a Swedish brand house that designs, acquires, and develops products across the corporate, sports, gifts, and home furnishings sectors, operating in Sweden, the United States, Benelux, the Nordics, Europe, and other international markets. The company runs a multi-brand portfolio strategy, owning and managing a large number of consumer and B2B brands rather than manufacturing under a single label.
The business is organized into three segments: Corporate (promowear, promotional gifts, and workwear for professional categories such as construction, transport, and hospitality), Sports & Leisure (apparel, footwear, and accessories for sports, golf, hunting, fishing, and fashion retail), and Gifts & Home Furnishings (gift items and home décor products).
New Wave Group was incorporated in 1989 and is headquartered in Gothenburg, Sweden. Its brand portfolio includes names such as Craft, Cutter & Buck, Clique, ProJob, Jobman, Orrefors, Kosta Boda, and Sagaform, spanning both promotional/B2B distribution channels and consumer retail markets.
- Promowear and corporate gift volumes track Nordic and European business spend recovery
- Golf and outdoor sports apparel demand lifts Sports & Leisure segment revenue
- Cotton textile input costs and SEK strength pressure reported gross margins
| Net Income: 803.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -7.55 > 1.0 |
| NWC/Revenue: 60.17% < 20% (prev 55.19%; Δ 4.98% < -1%) |
| CFO/TA 0.04 > 3% & CFO 590.0m > Net Income 803.0m |
| Net Debt (4.45b) to EBITDA (1.55b): 2.87 < 3 |
| Current Ratio: 3.50 > 1.5 & < 3 |
| Outstanding Shares: last quarter (132.7m) vs 12m ago 0.0% < -2% |
| Gross Margin: 13.82% > 18% (prev 49.18%; Δ -35.36% > 0.5%) |
| Asset Turnover: 85.32% > 50% (prev 87.18%; Δ -1.86% > 0%) |
| Interest Coverage Ratio: 8.62 > 6 (EBIT TTM 1.18b / Interest Expense TTM 137.0m) |
| A: 0.47 (Total Current Assets 8.83b - Total Current Liabilities 2.52b) / Total Assets 13.5b |
| B: 0.44 (Retained Earnings 5.96b / Total Assets 13.5b) |
| C: 0.10 (EBIT TTM 1.18b / Avg Total Assets 12.3b) |
| D: 1.08 (Book Value of Equity 7.00b / Total Liabilities 6.51b) |
| Altman-Z'' = 6.27 = AAA |
| DSRI: 1.11 (Receivables 1.71b/1.42b, Revenue 10.5b/9.62b) |
| GMI: 3.56 (GM 49.18% / 13.82%) |
| AQI: 0.93 (AQ_t 0.16 / AQ_t-1 0.17) |
| SGI: 1.09 (Revenue 10.5b / 9.62b) |
| TATA: 0.02 (NI 803.0m - CFO 590.0m) / TA 13.5b) |
| Beneish M = -0.59 (Cap -4..+1) = D |
As of September 27, 2026, the stock is trading at SEK 89.70 with a total of 177,572 shares traded. Over the past week, the price has changed by +1.07%, over one month by +3.76%, over three months by -3.13% and over the past year by -15.65%.
Current recommended Stop Loss: 87.20 (which is 2.8% or 1.3 ATR below the current price).
New Wave (publ) has no consensus analysts rating.
P/E Trailing = 15.0165
P/E Forward = 8.15
P/S = 1.1508
P/B = 1.7303
P/EG = 0.879
Revenue TTM = 10.5b SEK
EBIT TTM = 1.18b SEK
EBITDA TTM = 1.55b SEK
Long Term Debt = 3.37b SEK (from longTermDebt, last fiscal year)
Short Term Debt = 236.0m SEK (from shortTermDebt, last quarter)
Debt = 4.98b SEK (from shortLongTermDebtTotal, last quarter) + Leases 964.0m
Net Debt = 4.45b SEK (calculated: Debt 4.98b - CCE 532.0m)
Enterprise Value = 16.5b SEK (12.1b + Debt 4.98b - CCE 532.0m)
Interest Coverage Ratio = 8.62 (Ebit TTM 1.18b / Interest Expense TTM 137.0m)
EV/FCF = -109.3x (Enterprise Value 16.5b / FCF TTM -151.0m)
FCF Yield = -0.92% (FCF TTM -151.0m / Enterprise Value 16.5b)
FCF Margin = -1.44% (FCF TTM -151.0m / Revenue TTM 10.5b)
Net Margin = 7.67% (Net Income TTM 803.0m / Revenue TTM 10.5b)
Gross Margin = 13.82% ((Revenue TTM 10.5b - Cost of Revenue TTM 9.03b) / Revenue TTM)
Gross Margin QoQ = 49.98% (prev 49.96%)
Tobins Q-Ratio = 1.22 (Enterprise Value 16.5b / Total Assets 13.5b)
Interest Expense / Debt = 2.75% (Interest Expense 137.0m / Debt 4.98b)
Taxrate = 24.12% (255.0m / 1.06b)
NOPAT = 896.1m (EBIT 1.18b * (1 - 24.12%))
Current Ratio = 3.50 (Total Current Assets 8.83b / Total Current Liabilities 2.52b)
Debt / Equity = 0.71 (Debt 4.98b / totalStockholderEquity, last quarter 7.00b)
Debt / EBITDA = 2.87 (Net Debt 4.45b / EBITDA 1.55b)
Debt / FCF = -29.44 (negative FCF - burning cash) (Net Debt 4.45b / FCF TTM -151.0m)
Total Stockholder Equity = 6.89b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.54% (Net Income 803.0m / Total Assets 13.5b)
RoE = 11.65% (Net Income TTM 803.0m / Total Stockholder Equity 6.89b)
RoCE = 11.50% (EBIT 1.18b / Capital Employed (Equity 6.89b + L.T.Debt 3.37b))
RoIC = 8.37% (NOPAT 896.1m / Invested Capital 10.7b)
WACC = 6.79% (E(12.1b)/V(17.0b) * Re(8.73%) + D(4.98b)/V(17.0b) * Rd(2.75%) * (1-Tc(0.24)))
Discount Rate = 8.73% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -85.28 | Cagr: -26.51%
[DCF] Fair Price = unknown (Cash Flow -151.0m)
EPS Correlation: -84.52 | EPS CAGR: -17.84% | SUE: 0.04 | # QB: 0
Revenue Correlation: 83.30 | Revenue CAGR: 3.17% | SUE: -0.82 | # QB: 0
EPS current Quarter (2026-09-30): EPS=1.79 | Chg30d=-4.86% | Revisions=-40% | Analysts=3
EPS current Year (2026-12-31): EPS=6.91 | Chg30d=-5.51% | Revisions=-62% | GrowthEPS=+17.1% | GrowthRev=+9.5%
EPS next Year (2027-12-31): EPS=8.71 | Chg30d=-5.75% | Revisions=-62% | GrowthEPS=+26.1% | GrowthRev=+7.5%
[Analyst] Revisions Ratio: -80% (up=0, down=12)