Beijer Ref AB (publ) (BEIJ-B.ST) stock analysis

In our weekly check, Beijer Ref AB (publ) is graded B (A to F). Of 24 checks on debt, profit, cash flow and trend: 19 pass, warnings: 4, red flags: 1.

About Beijer Ref AB (publ)

Beijer Ref AB (publ) is an Industrials company (Industrial - Machinery) based in Sweden, listed on STO as BEIJ-B.ST.

What our checks show for BEIJ-B.ST

Red flags

• The gross margin fell by 20.5 points, to 9.3%: costs are rising faster than prices.

Warning signs

• The net margin is only 6.4%: little room if costs rise.
• The price is 31.2 times earnings (P/E): the market already pays for a lot of future growth.
• The stock has fallen as much as 52% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 9.7%.

Strengths

• Operating profit covers interest 8.2 times over.
• The net margin rose by 0.6 points over 5 years, to 6.4%.
• Operating cash flow is 1.68x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 18.2% a year over the next years.
• Revenue grew 20.1% a year over the last 3 years.
• Earnings per share grew 18% a year over the last 3 years.

Similar companies

ADDT-B.ST · INDT.ST · GWW · FAST · FERG · TIH.TO

Questions

What grade does Beijer Ref AB (publ) (BEIJ-B.ST) have?

In our weekly check, Beijer Ref AB (publ) is graded B (A to F). Of 24 checks on debt, profit, cash flow and trend: 19 pass, warnings: 4, red flags: 1. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of BEIJ-B.ST stock?

This week's biggest flags for Beijer Ref AB (publ): Gross margin falling, Thin margins, High P/E. In total 5 of 24 checks show a warning or a red flag.

What does Beijer Ref AB (publ) do?

Beijer Ref AB (publ) is an Industrials company (Industrial - Machinery) based in Sweden, listed on STO as BEIJ-B.ST.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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