SWEC-B Stock Analysis: Sweco (publ) | ST

Engineering & Construction | ST, Sweden | Market Cap: 47.382m SEK | 12M Return: -19.5% | Charts, Fundamentals & Technical Analysis

Architecture, Engineering Consultancy, Infrastructure Design, Urban Planning
Total Rating 31
Safety 42
Buy Signal -0.68
Engineering & Construction
Industry Rotation: -9.7
Market Cap: 4.89B
Avg Turnover: 47.2M
Risk 3d forecast
Volatility32.7%
VaR 5th Pctl5.56%
VaR vs Median3.29%
Reward TTM
Sharpe Ratio-0.83
Rel. Str. IBD15.6
Rel. Str. Peer Group18.8
Character TTM
Beta0.552
Beta Downside0.540
Hurst Exponent0.630
Drawdowns 3y
Max DD33.56%
CAGR/Max DD0.26
CAGR/Mean DD0.73
EPS (Earnings per Share) EPS (Earnings per Share) of SWEC-B over the last years for every Quarter: "2021-06": 1.16, "2021-09": 0.87, "2021-12": 1.32, "2022-03": 1.37, "2022-06": 1.24, "2022-09": 0.78, "2022-12": 1.49, "2023-03": 1.75, "2023-06": 0.99, "2023-09": 0.86, "2023-12": 1.28, "2024-03": 1.63, "2024-06": 1.5, "2024-09": 1.13, "2024-12": 1.74, "2025-03": 1.87, "2025-06": 1.48, "2025-09": 1.34, "2025-12": 1.84, "2026-03": 1.76,
EPS CAGR: 13.14%
EPS Trend: 92.8%
Last SUE: -0.20
Qual. Beats: 0
Revenue Revenue of SWEC-B over the last years for every Quarter: 2021-06: 5643, 2021-09: 4691, 2021-12: 5920, 2022-03: 6077, 2022-06: 6116, 2022-09: 5372, 2022-12: 6731, 2023-03: 7140, 2023-06: 7249, 2023-09: 6417, 2023-12: 7717, 2024-03: 7720, 2024-06: 8077, 2024-09: 6779, 2024-12: 8100, 2025-03: 8066, 2025-06: 7834, 2025-09: 7138, 2025-12: 8548, 2026-03: 8334,
Rev. CAGR: 6.16%
Rev. Trend: 94.2%
Last SUE: -1.08
Qual. Beats: -1

Warnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan -2.4% 25
Feb -0.5% 0
Mar -0.9% 0
Apr +3.8% 40
May -0.5% 2
Jun -0.9% 28
Jul +3.7% 6
Aug -0.8% 17
Sep -2.2% 36
Oct -0.5% 5
Nov -4.6% 23
Dec +2.6% 10

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.

Description: SWEC-B Sweco (publ)

Sweco AB (publ) is a Stockholm-headquartered architecture and engineering consultancy founded in 1889, operating across four reporting segments: Buildings and Urban Areas; Water, Energy, and Industry; Transportation Infrastructure; and Architecture. The firm delivers design, planning, and project management services to public and private clients worldwide, spanning everything from HVAC, fire safety, and structural design to water/wastewater engineering, road and rail infrastructure, and urban planning.

Service delivery is anchored in digital tools such as the companys Twinfinity BIM platform and capabilities in 3D visualization, data coordination, and geographical analysis. As a listed Swedish mid-cap in the GICS Industrials / Diversified Support Services sub-industry, Sweco competes in a talent-intensive, project-based consultancy sector alongside peers such as WSP, Ramboll, and AFRY, where revenue is largely driven by billable hours of engineers, architects, and technical specialists.

Headlines to Watch Out For
  • Nordic infrastructure spending lifts Buildings and Transportation order book
  • Energy transition drives Water, Energy and Industry segment growth
  • UK and Germany acquisitions accelerate geographic diversification
Piotroski VR-10 (Strict) 5.5
Net Income: 2.17b TTM > 0 and > 6% of Revenue
FCF/TA: 0.11 > 0.02 and ΔFCF/TA -2.29 > 1.0
NWC/Revenue: 3.04% < 20% (prev 4.04%; Δ -1.00% < -1%)
CFO/TA 0.12 > 3% & CFO 3.70b > Net Income 2.17b
Net Debt (9.31b) to EBITDA (4.65b): 2.00 < 3
Current Ratio: 1.08 > 1.5 & < 3
Outstanding Shares: last quarter (362.6m) vs 12m ago 0.22% < -2%
Gross Margin: 34.04% > 18% (prev 22.39%; Δ 11.65% > 0.5%)
Asset Turnover: 110.1% > 50% (prev 113.3%; Δ -3.15% > 0%)
Interest Coverage Ratio: 14.47 > 6 (EBIT TTM 3.14b / Interest Expense TTM 217.0m)
Altman Z'' 2.72
A: 0.03 (Total Current Assets 13.5b - Total Current Liabilities 12.6b) / Total Assets 30.5b
B: 0.30 (Retained Earnings 9.19b / Total Assets 30.5b)
C: 0.11 (EBIT TTM 3.14b / Avg Total Assets 28.9b)
D: 0.76 (Book Value of Equity 13.2b / Total Liabilities 17.3b)
Altman-Z'' = 2.72 = A
What is the price of SWEC-B shares?

As of July 09, 2026, the stock is trading at SEK 130.80 with a total of 238,853 shares traded. Over the past week, the price has changed by +0.93%, over one month by -0.15%, over three months by -2.80% and over the past year by -19.48%.

Current recommended Stop Loss: 126.00 (which is 3.7% or 1.4 ATR below the current price).

Is SWEC-B a buy, sell or hold?

Sweco (publ) has no consensus analysts rating.

Sweco (publ) (SWEC-B) - Fundamental Data Overview as of 09 July 2026
Market Cap USD = 4.89b (47.4b SEK * 0.1031 SEK.USD)
P/E Trailing = 21.8106
P/E Forward = 20.4499
P/S = 1.4875
P/B = 3.7512
P/EG = 4.6087
Revenue TTM = 31.9b SEK
EBIT TTM = 3.14b SEK
EBITDA TTM = 4.65b SEK
Long Term Debt = 799.0m SEK (from longTermDebt, last quarter)
Short Term Debt = 2.58b SEK (from shortTermDebt, last quarter)
Debt = 9.87b SEK (from shortLongTermDebtTotal, last quarter) + Leases 3.72b
Net Debt = 9.31b SEK (calculated: Debt 9.87b - CCE 553.0m)
Enterprise Value = 56.7b SEK (47.4b + Debt 9.87b - CCE 553.0m)
Interest Coverage Ratio = 14.47 (Ebit TTM 3.14b / Interest Expense TTM 217.0m)
EV/FCF = 17.39x (Enterprise Value 56.7b / FCF TTM 3.26b)
FCF Yield = 5.75% (FCF TTM 3.26b / Enterprise Value 56.7b)
FCF Margin = 10.24% (FCF TTM 3.26b / Revenue TTM 31.9b)
Net Margin = 6.82% (Net Income TTM 2.17b / Revenue TTM 31.9b)
Gross Margin = 34.04% ((Revenue TTM 31.9b - Cost of Revenue TTM 21.0b) / Revenue TTM)
Gross Margin QoQ = 9.95% (prev 79.76%)
Tobins Q-Ratio = 1.86 (Enterprise Value 56.7b / Total Assets 30.5b)
Interest Expense / Debt = 2.20% (Interest Expense 217.0m / Debt 9.87b)
Taxrate = 25.92% (760.0m / 2.93b)
NOPAT = 2.33b (EBIT 3.14b * (1 - 25.92%))
Current Ratio = 1.08 (Total Current Assets 13.5b / Total Current Liabilities 12.6b)
Debt / Equity = 0.75 (Debt 9.87b / totalStockholderEquity, last quarter 13.2b)
Debt / EBITDA = 2.00 (Net Debt 9.31b / EBITDA 4.65b)
Debt / FCF = 2.86 (Net Debt 9.31b / FCF TTM 3.26b)
Total Stockholder Equity = 12.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.51% (Net Income 2.17b / Total Assets 30.5b)
RoE = 17.67% (Net Income TTM 2.17b / Total Stockholder Equity 12.3b)
RoCE = 23.97% (EBIT 3.14b / Capital Employed (Equity 12.3b + L.T.Debt 799.0m))
RoIC = 11.67% (NOPAT 2.33b / Invested Capital 19.9b)
WACC = 6.84% (E(47.4b)/V(57.2b) * Re(7.92%) + D(9.87b)/V(57.2b) * Rd(2.20%) * (1-Tc(0.26)))
Discount Rate = 7.92% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 62.93 | Cagr: 0.42%
[DCF] Terminal Value 74.23% ; FCFF base≈3.38b ; Y1≈3.16b ; Y5≈2.89b
[DCF] Fair Price = 110.3 (EV 45.7b - Net Debt 9.31b = Equity 36.4b / Shares 329.8m; r=8.35% [WACC [floored]]; 5y FCF grow -8.35% → 2.50% )
EPS Correlation: 92.80 | EPS CAGR: 13.14% | SUE: -0.20 | # QB: 0
Revenue Correlation: 94.17 | Revenue CAGR: 6.16% | SUE: -1.08 | # QB: -1
EPS current Quarter (2026-06-30): EPS=1.72 | Chg30d=-6.34% | Revisions=-25% | Analysts=3
EPS next Quarter (2026-09-30): EPS=1.55 | Chg30d=-4.12% | Revisions=-25% | Analysts=3
EPS current Year (2026-12-31): EPS=7.17 | Chg30d=-0.08% | Revisions=-25% | GrowthEPS=+7.9% | GrowthRev=+6.9%
EPS next Year (2027-12-31): EPS=8.11 | Chg30d=+0.50% | Revisions=-25% | GrowthEPS=+13.0% | GrowthRev=+5.8%
[Analyst] Revisions Ratio: -57% (up=0, down=4)