BMAX Stock Analysis: Byggmax | ST
Home Improvement Retail | ST, Sweden | Market Cap: 3.242m SEK | 12M Return: 15.1% | SE0003303627 | Charts, Fundamentals & Technical Analysis
Total Rating 32
Safety 23
Buy Signal 0.92
Market Cap:
327M
Avg Turnover: 8.46M
Avg Turnover: 8.46M
Risk 3d forecast
Volatility36.3%
VaR 5th Pctl6.03%
VaR vs Median0.83%
Reward TTM
Sharpe Ratio0.48
Rel. Str. IBD79.7
Rel. Str. Peer Group82.8 pctl
Character TTM
Beta0.117
Beta Downside0.167
Hurst Exponent0.531
Choppyness44.2%
Drawdowns 3y
Max DD28.21%
CAGR/Max DD1.24
CAGR/Mean DD3.49
EPS (Earnings per Share)
EPS CAGR: 192.07%
EPS Trend: 74.4%
EPS Trend: 74.4%
Last SUE: 1.52
Qual. Beats: 1
Qual. Beats: 1
Revenue
Rev. CAGR: 0.25%
Rev. Trend: 12.4%
Rev. Trend: 12.4%
Last SUE: 0.11
Qual. Beats: 0
Qual. Beats: 0
Warnings
Beneish M-Score Likely Earnings Manipulation
Overextended 1w
Tailwinds
Confidence
Ep Pivot
Seasonality
Not enough history
Description: BMAX Byggmax
Byggmax Group AB (publ) sells building materials and related products for DIY projects in Sweden, Norway, and internationally. The company offers timber products, cement, insulation, tools, paint, tiles, storage, garden buildings, green houses, and garden products. wood, board materials, garden products, tools and machines, electricity and plumbing, fittings, fastening and fasteners, casting and foundation, ceiling, insulation, and garage and workshop equipment. It also offers windows and doors, flooring, kitchen, interior, outdoor, color, bathroom, and other products through its physical and online stores. Byggmax Group AB (publ) was founded in 1993 and is headquartered in Stockholm, Sweden.
Headlines to Watch Out For
Piotroski VR-10 (Strict)
3.5
| Net Income: 233.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.13 > 0.02 and ΔFCF/TA 3.65 > 1.0 |
| NWC/Revenue: -5.77% < 20% (prev -8.82%; Δ 3.05% < -1%) |
| CFO/TA 0.14 > 3% & CFO 817.0m > Net Income 233.0m |
| Net Debt (3.62b) to EBITDA (962.0m): 3.76 < 3 |
| Current Ratio: 0.82 > 1.5 & < 3 |
| Outstanding Shares: last quarter (58.7m) vs 12m ago -0.18% < -2% |
| Gross Margin: 5.17% > 18% (prev 35.01%; Δ -29.84% > 0.5%) |
| Asset Turnover: 103.5% > 50% (prev 101.7%; Δ 1.77% > 0%) |
| Interest Coverage Ratio: 5.47 > 6 (EBIT TTM 328.0m / Interest Expense TTM 60.0m) |
Altman Z''
1.94
| A: -0.06 (Total Current Assets 1.58b - Total Current Liabilities 1.93b) / Total Assets 5.82b |
| B: 0.36 (Retained Earnings 2.08b / Total Assets 5.82b) |
| C: 0.06 (EBIT TTM 328.0m / Avg Total Assets 5.94b) |
| D: 0.77 (Book Value of Equity 2.53b / Total Liabilities 3.29b) |
| Altman-Z'' = 1.94 = BBB |
Beneish M
1.00
| DSRI: 1.08 (Receivables 189.0m/175.0m, Revenue 6.15b/6.17b) |
| GMI: 6.77 (GM 35.01% / 5.17%) |
| AQI: 1.03 (AQ_t 0.38 / AQ_t-1 0.37) |
| SGI: 1.00 (Revenue 6.15b / 6.17b) |
| TATA: -0.10 (NI 233.0m - CFO 817.0m) / TA 5.82b) |
| Beneish M = 2.28 (Cap -4..+1) = D |
What is the price of BMAX shares?
As of October 21, 2026, the stock is trading at SEK 61.70 with a total of 1,245,078 shares traded. Over the past week, the price has changed by +18.20%, over one month by +16.64%, over three months by +19.11% and over the past year by +15.11%.
Current recommended Stop Loss: 60.10 (which is 2.6% or 1.3 ATR below the current price).
Is BMAX a buy, sell or hold?
Byggmax has no consensus analysts rating.
Byggmax (BMAX) - Fundamental Data Overview
as of 21 October 2026
Market Cap USD = 327.1m (3.24b SEK * 0.1009 SEK.USD)P/E Trailing = 13.7905
P/E Forward = 15.5763
P/S = 0.5259
P/B = 1.2314
P/EG = 0.57
Revenue TTM = 6.15b SEK
EBIT TTM = 328.0m SEK
EBITDA TTM = 962.0m SEK
Long Term Debt = 1.24b SEK (from longTermDebtTotal, last fiscal year)
Short Term Debt = 657.0m SEK (from shortTermDebt, last quarter)
Debt = 3.64b SEK (from shortLongTermDebtTotal, last quarter) + Leases 1.72b
Net Debt = 3.62b SEK (calculated: Debt 3.64b - CCE 21.0m)
Enterprise Value = 6.86b SEK (3.24b + Debt 3.64b - CCE 21.0m)
Interest Coverage Ratio = 5.47 (Ebit TTM 328.0m / Interest Expense TTM 60.0m)
EV/FCF = 9.04x (Enterprise Value 6.86b / FCF TTM 759.0m)
FCF Yield = 11.06% (FCF TTM 759.0m / Enterprise Value 6.86b)
FCF Margin = 12.34% (FCF TTM 759.0m / Revenue TTM 6.15b)
Net Margin = 3.79% (Net Income TTM 233.0m / Revenue TTM 6.15b)
Gross Margin = 5.17% ((Revenue TTM 6.15b - Cost of Revenue TTM 5.83b) / Revenue TTM)
Gross Margin QoQ = 11.49% (prev -15.45%)
Tobins Q-Ratio = 1.18 (Enterprise Value 6.86b / Total Assets 5.82b)
Interest Expense / Debt = 1.65% (Interest Expense 60.0m / Debt 3.64b)
Taxrate = 18.82% (54.0m / 287.0m)
NOPAT = 266.3m (EBIT 328.0m * (1 - 18.82%))
Current Ratio = 0.82 (Total Current Assets 1.58b / Total Current Liabilities 1.93b)
Debt / Equity = 1.44 (Debt 3.64b / totalStockholderEquity, last quarter 2.53b)
Debt / EBITDA = 3.76 (Net Debt 3.62b / EBITDA 962.0m)
Debt / FCF = 4.77 (Net Debt 3.62b / FCF TTM 759.0m)
Total Stockholder Equity = 2.51b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.92% (Net Income 233.0m / Total Assets 5.82b)
RoE = 9.28% (Net Income TTM 233.0m / Total Stockholder Equity 2.51b)
RoCE = 8.74% (EBIT 328.0m / Capital Employed (Equity 2.51b + L.T.Debt 1.24b))
RoIC = 5.88% (NOPAT 266.3m / Invested Capital 4.53b)
WACC = 3.55% (E(3.24b)/V(6.88b) * Re(6.04%) + D(3.64b)/V(6.88b) * Rd(1.65%) * (1-Tc(0.19)))
Discount Rate = 6.04% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -10.02 | Cagr: 0.02%
[DCF] Terminal Value 77.97% ; FCFF base≈683.0m ; Y1≈782.9m ; Y5≈1.15b
[DCF] Fair Price = 234.1 (EV 17.3b - Net Debt 3.62b = Equity 13.7b / Shares 58.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 74.40 | EPS CAGR: 192.1% | SUE: 1.52 | # QB: 1
Revenue Correlation: 12.38 | Revenue CAGR: 0.25% | SUE: 0.11 | # QB: 0
EPS current Quarter (2026-09-30): EPS=3.68 | Chg30d=+2.51% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=4.66 | Chg30d=+1.53% | Revisions=+40% | GrowthEPS=+43.4% | GrowthRev=+3.0%
EPS next Year (2027-12-31): EPS=5.11 | Chg30d=+2.30% | Revisions=+40% | GrowthEPS=+9.7% | GrowthRev=+4.5%
[Analyst] Revisions Ratio: +62% (up=5, down=0)