CLAS-B Stock Analysis: Clas Ohlson (publ) | ST
Specialty Retail | ST, Sweden | Market Cap: 30.485m SEK | 12M Return: 41.4% | SE0000584948 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 26.4M
EPS Trend: 97.7%
Qual. Beats: 1
Rev. Trend: 98.4%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 11.8 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 Swedish-founded retail company that sells a broad range of products across building, electrical, multimedia, home, and leisure categories, alongside mobile phones, electronics spare parts, accessories, and batteries. Beyond physical goods, the company offers trade-related services in carpentry, electrical work, plumbing, gardening, and cleaning, distributing its products through a combination of physical stores, online shopping channels, and purchase offices in Sweden, Norway, Finland, and other international markets. The company was founded in 1918 and is headquartered in Insjön, Sweden.
Operating in the Consumer Discretionary sector and classified under Internet & Direct Marketing Retail, Clas Ohlson follows an omnichannel retail model that combines traditional brick-and-mortar stores with e-commerce and service offerings, serving both consumer and trade (B2C and B2B) customers across the Nordic region.
- Nordic consumer spending weakness pressures same-store sales
- Online channel growth drives margin expansion
- Amazon and Nordic DIY competition squeezes market share
| 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 October 28, 2026, the stock is trading at SEK 485.40 with a total of 39,531 shares traded. Over the past week, the price has changed by +2.58%, over one month by +12.57%, over three months by +19.81% and over the past year by +41.38%.
Current recommended Stop Loss: 473.10 (which is 2.5% or 1.1 ATR below the current price).
Clas Ohlson (publ) has no consensus analysts rating.
P/E Trailing = 24.2835
P/E Forward = 19.802
P/S = 2.349
P/B = 8.4403
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 = 30.1b SEK (30.5b + Debt 1.86b - CCE 2.20b)
Interest Coverage Ratio = 20.09 (Ebit TTM 1.65b / Interest Expense TTM 82.1m)
EV/FCF = 14.80x (Enterprise Value 30.1b / FCF TTM 2.04b)
FCF Yield = 6.76% (FCF TTM 2.04b / Enterprise Value 30.1b)
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 = 3.52 (Enterprise Value 30.1b / 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 = 6.37% (E(30.5b)/V(32.3b) * Re(6.55%) + D(1.86b)/V(32.3b) * Rd(4.40%) * (1-Tc(0.21)))
Discount Rate = 6.55% (= 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=22.60 | Chg30d=+0.28% | Revisions=-40% | GrowthEPS=+23.5% | GrowthRev=+13.3%
EPS next Year (2028-04-30): EPS=24.40 | Chg30d=+0.96% | Revisions=+40% | GrowthEPS=+8.0% | GrowthRev=+6.2%
[Analyst] Revisions Ratio: +36% (up=6, down=2)