Netel Holding AB

Netel Holding AB

NETEL.ST
Netel Holding ABSE flagStockholm Stock Exchange
3.36
SEK
+0.04
- -
163.00MMarket Cap
Netel Holding AB
NETEL.ST
(Stockholm Stock Exchange)

Recent

price

3.36

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
40.03
39.86
39.5
68.04
65.81
65.72
66.25
60.09
66.17
Revenue per Share
-0.01
0.42
1.03
1.86
2.58
0.91
-0.97
-2.41
-0.66
Basic EPS, GAAP
1.57
2.64
2.72
2.56
-1.89
4.6
0.29
-1.46
0.39
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-0.86
-0.43
0.62
-13.62
-7.54
-6.52
-7.48
-9.89
- -
Book Value per Share
-5.56
-4.89
-3.62
-2.56
-5.72
-6.25
-7.17
-9.34
-6.66
Tangible Book Value per Share
47
47
47
36
48
48
49
49
49
Basic Weighted Avg Shares
1,870
1,861
1,845
2,418
3,141
3,186
3,214
2,915
3,210
Sales/Revenue/Turnover
0.99
2.94
6.4
5.25
5.6
5.18
4.88
-0.45
4.14
Operating Margin (%)
45
58
39
44
65
76
72
82
77
Depreciation Expense
-1
20
48
66
123
44
-47
-117
-32
Net Income, GAAP
- -
35.14
26.87
34
23.6
18.63
20.99
- -
25.42
Effective Tax Rate (%)
-0.04
1.06
2.6
2.73
3.92
1.38
-1.46
-4.01
-1
Profit Margin (%)
223
186
170
418
803
590
506
353
510
Working Capital
435
429
312
554
1,037
1,003
958
965
952
LT Debt
541
562
605
912
1,106
1,134
1,096
972
1,113
Total Equity
- -
3.33
8.24
6.62
7.18
6.06
5.76
- -
4.59
Return on Invested Capital (%)
- -
7.72
14.31
31.93
34.4
13.29
0.63
- -
1.8
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
48
69
92
LT Borrowings
920
- -
- -
LT Finance Leases
38
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
49
49
49
Market Capitalization
644
557
485

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1,340
1,212
1,176
Cash, Cash Equivalents & STI
261
218
162
Accounts Receivable, Net
505
946
1,009
Inventories
2
2
5
Total Current Liabilities
834
727
666
Payables & Accruals
- -
- -
- -
ST Debt
48
69
92
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
11.98%
-11.31%
Free Cash Flow
- -
-255.18%
-607.14%
Net Income, GAAP
- -
0.35%
148.94%
Sales/Revenue/Turnover
- -
10.79%
-9.3%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
676
854
796
949
3,214
2025
676
789
812
- -
2,915
2026
575
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.16
0.23
0.19
-1.2
-0.97
2025
-0.16
0.52
-1.38
- -
-2.41
2026
-0.37
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Netel Holding AB (publ) (NETEL.ST) is a Sweden-based contracting company that specializes in the development, construction, and maintenance of critical infrastructure networks across Infraservices, Power, and Telecom segments. The company provides comprehensive services including project management, design, planning, construction, expansion, modernization, and maintenance of physical telecommunications and broadband networks, electricity distribution networks, district heating infrastructure, water and sewage systems, and associated civil engineering works; in Power, it delivers design, planning, construction, and maintenance for electricity distribution in Sweden and Norway; in Telecom, it offers fibre rollout, mobile network services, and maintenance across its markets; and in Infraservices, it handles infrastructure upgrades for heating, water, and sewage primarily in Sweden. Netel serves telecommunications operators, network owners, power producers, municipalities, property owners, construction companies, and housing associations. Operations span Sweden, Norway, the United Kingdom, and Germany, with customers primarily in Northern Europe; the company was founded in 2000 and is headquartered in Stockholm, Sweden. In recent developments, Netel completed the divestment of its Finnish operations to private investors in November 2025 to sharpen focus on core markets in Sweden and Norway as well as growth areas in Germany and the UK; initiated a review and divestment process for its UK operations in October 2025 alongside consolidation of subsidiaries, cost-saving programs targeting MSEK 40-50 annually, and organizational streamlining including staff reductions and process improvements; signed new framework agreements such as with E.ON and Vattenfall in Sweden, Elvia in Norway for power station upgrades and emergency services, Ellevio for distribution station reconstruction, and Telia for expanded broadband services; and reported net sales of MSEK 3,284 for 2024 with approximately 800 employees.