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Elekta AB (SE:EKTA.B)
:EKTA.B

Elekta AB (EKTA.B) AI Stock Analysis

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Elekta AB

(LSE:EKTA.B)

64Neutral
Elekta AB shows strong financial fundamentals, with solid profitability and a healthy balance sheet. However, technical indicators suggest a bearish trend and potential challenges in maintaining growth momentum. The stock's valuation is fair, with an attractive dividend yield providing some support. Investors should note the current negative market momentum and potential cash flow constraints due to increased capital expenditures.

Elekta AB (EKTA.B) vs. S&P 500 (SPY)

Elekta AB Business Overview & Revenue Model

Company DescriptionElekta AB (EKTA.B) is a Swedish company specializing in the development and delivery of clinical solutions for treating cancer and brain disorders. The company operates in the healthcare sector, providing advanced radiation therapy, radiosurgery, and clinical software solutions. Elekta's core products include linear accelerators, software for treatment planning, and systems for image-guided radiation therapy, all designed to improve patient outcomes and streamline clinical workflows.
How the Company Makes MoneyElekta AB generates revenue primarily through the sale and servicing of its medical devices and software solutions to hospitals and clinics worldwide. The company's key revenue streams include the sale of linear accelerators, which are used for radiation therapy, and associated software licenses for treatment planning and management. Elekta also earns revenue from long-term service agreements, offering maintenance and support for its equipment. Significant partnerships with healthcare providers and research institutions enhance its product offerings and market reach, contributing to its earnings. Additionally, Elekta's focus on innovation and technology advancements ensures a steady demand for its products in the oncology treatment space.

Elekta AB Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
17.88B18.12B16.87B14.55B13.76B14.60B
Gross Profit
6.52B6.78B6.35B5.44B5.61B6.14B
EBIT
1.78B2.04B1.43B1.64B1.91B1.66B
EBITDA
2.74B3.29B2.57B2.74B3.13B2.99B
Net Income Common Stockholders
1.04B1.30B943.00M1.15B1.25B1.08B
Balance SheetCash, Cash Equivalents and Short-Term Investments
3.58B2.78B3.27B3.07B4.40B6.46B
Total Assets
32.95B31.41B29.61B26.30B24.84B28.41B
Total Debt
8.86B7.25B6.67B5.70B6.24B9.36B
Net Debt
5.28B4.47B3.40B2.63B1.84B2.96B
Total Liabilities
22.12B20.63B19.88B17.39B16.65B20.30B
Stockholders Equity
10.78B10.77B9.73B8.91B8.20B8.11B
Cash FlowFree Cash Flow
679.00M817.00M400.00M450.00M1.71B252.00M
Operating Cash Flow
2.38B2.46B1.96B1.86B2.55B1.01B
Investing Cash Flow
-1.80B-1.92B-1.61B-1.65B-613.00M-1.30B
Financing Cash Flow
516.00M-1.10B-129.00M-1.73B-3.60B2.62B

Elekta AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price48.44
Price Trends
50DMA
56.34
Negative
100DMA
59.03
Negative
200DMA
62.17
Negative
Market Momentum
MACD
-2.65
Negative
RSI
36.30
Neutral
STOCH
62.80
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:EKTA.B, the sentiment is Negative. The current price of 48.44 is below the 20-day moving average (MA) of 50.65, below the 50-day MA of 56.34, and below the 200-day MA of 62.17, indicating a bearish trend. The MACD of -2.65 indicates Negative momentum. The RSI at 36.30 is Neutral, neither overbought nor oversold. The STOCH value of 62.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:EKTA.B.

Elekta AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
kr994.44M17.6018.74%10.46%22.82%
64
Neutral
kr18.19B17.529.87%5.00%-1.85%-27.56%
51
Neutral
$5.19B3.13-40.94%2.95%17.94%2.00%
47
Neutral
kr859.26M-1.05%16.17%82.09%
46
Neutral
kr254.77M-102.63%-0.61%54.19%
44
Neutral
kr285.45M-12.79%-6.43%-323.52%
36
Underperform
kr38.14M
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:EKTA.B
Elekta AB
47.60
-26.43
-35.70%
SE:ACARIX
Acarix AB
0.24
>-0.01
-1.65%
SE:CRAD.B
C-Rad AB Class B
29.45
-10.05
-25.44%
SE:INTEG.B
Integrum AB Class B
13.60
-48.40
-78.06%
SE:SEDANA
Sedana Medical AB
8.65
-5.67
-39.59%
SE:HEART
Scandinavian Real Heart AB
14.50
-40.31
-73.54%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.