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Enea AB (publ) (ENEA.ST)

SEK59.00 -9.60 (-13.99%)
SE STO Technology Software - Application
Address Jan Stenbecks Torg 17 164 40
Kista, SE
CEO Teemu Salmi
Website enea.com
IPO 2004-10-04
ISIN SE0009697220

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Also trades on London Stock Exchange · 0RP6.L (SEK) Other OTC · ENEKF (USD) Stockholm Stock Exchange · ENEA.ST (SEK)
Description

Enea AB (publ) is a global provider of software solutions catering to industries such as telecommunications, cybersecurity, medical devices, and aerospace. Their product suite encompasses 5G data management offerings like Enea Stratum Network Data Layer, Enea Unified Data Manager, Enea Digital Identity, and Enea Equipment Identity Register. They also deliver services for access management and policy enforcement, including Enea Access Manager, Enea Policy Manager, and Enea ENUM. Furthermore, Enea specializes in traffic management solutions, featuring Enea Video Optimization, Enea DPI and Content Filtering, Enea Integra NFV Platform, Encrypted Video Management, Enea TCP Acceleration, Enea Traffic Classifier, and Enea IP Traffic Filtering. A significant platform is Enea Edge, a virtualization and management system crafted for deployment on any white-box uCPE, optimized for diverse edge use cases such as SD-WAN, security, IoT, and 5G. The company's portfolio extends to Qosmos ixEngine for deep packet inspection and Qosmos Probe, a network sensor designed for granular insight into network activity. They also offer Aptilo SMP Venue Wi-Fi Manager, alongside Zero-touch Wi-Fi IoT and Cellular IoT Connectivity services. Enea develops a range of operating systems, including Enea OSE for real-time multi-processor systems, Enea Linux (a carrier-grade OS for networking and real-time applications), and Enea OSEck, an operating system tailored for high-performance applications with memory constraints. Additional software offerings include Enea Netbricks, a collection of portable networking protocols; Enea Element High Availability, an application development framework simplifying design; and Enea Polyhedra, a SQL database. Complementing these, they provide software development and training services. Enea AB (publ) was founded in 1968 and is headquartered in Kista, Sweden.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
SEK59.00 -9.60 (-13.99%)
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Volume Profile
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Liquidity & share structure
Average Volume
39.9K
Beta
0.92
Float Shares
10.65M
Free Float %
56.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.23% -2.98% +10.43% +46.99% +24.33% +16.42% +31.00% +74.75% -60.85% +1.03% +34.40%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
59.00
DCF (Unlevered) 230.26 +290.3%
DCF (Levered) 130.86 +121.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.98
Grey zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Software - Application: +13.0%
    -3.4% Q1'26: +2.5% (vs Q1'25)
  • EPS growth Software - Application: +28.6%
    -63.7% Q1'26: +204.3% (vs Q1'25)
  • FCF margin FCF growth · Software - Application: +45.3%
    +4.0% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Software - Application: +9.4%
    +6.4% Q1'26: 0.0% (vs Q1'25)
  • ROIC Software - Application: +7.5%
    +3.0% Q1'26: 0.0% (vs Q1'25)
  • Share dilution Software - Application: +0.0%
    -5.1% Q1'26: -4.5% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Software - Application: -1.16×
    1.64× Q1'26: 2.59× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.89) × ERP
WACC = 83% × Ke + 17% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 230.26 Current price: 59.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
2 Rev. Ana.
1 EPS Ana.
Dec 2027
2 Rev. Ana.
1 EPS Ana.
Dec 2028
2 Rev. Ana.
2 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
481.48M
est: 481.75M (-0.1%)
501.32M
est: 496.75M (+0.9%)
589.26M
est: 590.79M (-0.3%)
841.99M
est: 820.00M (+2.7%)
1.01B
est: 1.01B (-0.2%)
915.09M
est: 915.77M (-0.1%)
975.62M
est: 997.97M (-2.2%)
927.67M
est: 954.67M (-2.8%)
912.68M
est: 893.74M (+2.1%)
920.19M
est: 911.00M (+1.0%)
889.00M
est: 911.50M (-2.5%)
925.75M
915.00M – 936.50M
+1.6% YoY
982.65M
962.00M – 1.00B
+6.1% YoY
1.05B
1.03B – 1.07B
+6.8% YoY
1.22B
1.20B – 1.24B
+16.2% YoY
EBITDA
131.17M
est: 158.22M (-17.1%)
142.72M
est: 163.14M (-12.5%)
108.68M
est: 194.03M (-44.0%)
209.36M
est: 269.30M (-22.3%)
340.82M
est: 333.02M (+2.3%)
233.03M
est: 300.76M (-22.5%)
372.83M
est: 327.75M (+13.8%)
295.23M
est: 313.53M (-5.8%)
240.00M
est: 291.15M (-17.6%)
390.24M
est: 296.77M (+31.5%)
214.60M
est: 296.94M (-27.7%)
301.58M
298.08M – 305.08M
+1.6% YoY
320.11M
313.39M – 326.84M
+6.1% YoY
341.97M
336.35M – 347.60M
+6.8% YoY
397.47M
390.93M – 404.01M
+16.2% YoY
EBIT
110.04M
est: 24.67M (+345.9%)
124.58M
est: 25.44M (+389.6%)
102.79M
est: 30.26M (+239.7%)
184.65M
est: 42.00M (+339.6%)
254.73M
est: 51.94M (+390.5%)
172.96M
est: 46.91M (+268.8%)
213.57M
est: 51.12M (+317.8%)
118.65M
est: 48.90M (+142.7%)
-475.35M
est: 23.49M (-2,123.5%)
218.40M
est: 23.95M (+812.1%)
57.20M
est: 23.96M (+138.7%)
24.33M
24.05M – 24.62M
+1.6% YoY
25.83M
25.29M – 26.37M
+6.1% YoY
27.59M
27.14M – 28.05M
+6.8% YoY
32.07M
31.54M – 32.60M
+16.2% YoY
Net Income
87.96M
est: 104.33M (-15.7%)
94.59M
est: 114.50M (-17.4%)
83.19M
est: 112.34M (-26.0%)
141.65M
est: 133.21M (+6.3%)
169.66M
est: 159.83M (+6.2%)
142.28M
est: 158.87M (-10.4%)
200.26M
est: 222.41M (-10.0%)
108.95M
est: 150.02M (-27.4%)
-550.72M
143.06M
est: 95.94M (+49.1%)
49.40M
est: 83.85M (-41.1%)
163.56M
160.07M – 167.06M
+95.1% YoY
187.59M
183.58M – 191.60M
+14.7% YoY
194.42M
183.01M – 205.82M
+3.6% YoY
234.00M
228.99M – 239.01M
+20.4% YoY
SGA
133.57M
est: 171.97M (-22.3%)
142.52M
est: 177.32M (-19.6%)
222.17M
est: 210.89M (+5.3%)
294.24M
est: 292.71M (+0.5%)
316.69M
est: 361.97M (-12.5%)
306.90M
est: 326.90M (-6.1%)
296.75M
est: 356.24M (-16.7%)
334.28M
est: 340.79M (-1.9%)
388.51M
est: 315.35M (+23.2%)
330.60M
est: 321.44M (+2.9%)
279.80M
est: 321.61M (-13.0%)
326.64M
322.85M – 330.43M
+1.6% YoY
346.72M
339.43M – 354.00M
+6.1% YoY
370.39M
364.30M – 376.49M
+6.8% YoY
430.50M
423.42M – 437.58M
+16.2% YoY
EPS
5.49
est: 5.08 (+8.2%)
5.95
est: 5.57 (+6.8%)
4.69
est: 5.47 (-14.2%)
7.33
est: 6.48 (+13.1%)
8.47
est: 7.78 (+8.9%)
6.63
est: 7.73 (-14.2%)
8.61
est: 10.82 (-20.4%)
5.05
est: 7.30 (-30.8%)
-25.80
6.96
est: 4.92 (+41.5%)
2.53
est: 4.30 (-41.2%)
8.39
8.21 – 8.57
+95.1% YoY
9.62
9.41 – 9.83
+14.7% YoY
9.97
9.38 – 10.56
+3.6% YoY
12.00
11.74 – 12.26
+20.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 A 4/5 4/5 3/5 4/5 3/5 3/5 5/5
2026-05-28 A 4/5 4/5 3/5 4/5 3/5 3/5 5/5
2026-05-27 A 4/5 4/5 3/5 4/5 3/5 3/5 5/5
2026-05-26 A 4/5 4/5 3/5 4/5 3/5 3/5 5/5
2026-05-25 A 4/5 4/5 3/5 4/5 3/5 3/5 5/5
2026-05-22 A 4/5 4/5 3/5 4/5 3/5 3/5 5/5
2026-05-21 A- 4/5 4/5 3/5 4/5 2/5 3/5 5/5
2026-05-20 A- 4/5 4/5 3/5 4/5 2/5 3/5 5/5
2026-05-19 A- 4/5 4/5 3/5 4/5 2/5 3/5 4/5
2026-05-18 A- 4/5 4/5 3/5 4/5 2/5 3/5 4/5
2026-05-15 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-05-13 A- 4/5 4/5 3/5 4/5 2/5 4/5 4/5
2026-05-12 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-05-11 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-08 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-07 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-05-06 A 4/5 4/5 3/5 4/5 2/5 4/5 5/5
2026-05-05 A 4/5 4/5 3/5 4/5 2/5 4/5 5/5
2026-05-04 A 4/5 4/5 3/5 4/5 2/5 4/5 5/5
2026-04-30 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-04-29 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-04-28 A 4/5 5/5 3/5 4/5 2/5 4/5 5/5
2026-04-27 A- 4/5 5/5 2/5 3/5 2/5 4/5 5/5
2026-04-24 A 4/5 5/5 2/5 4/5 2/5 4/5 5/5
2026-04-23 B+ 3/5 5/5 2/5 3/5 2/5 2/5 5/5
2026-04-22 B+ 3/5 5/5 2/5 3/5 2/5 2/5 5/5
2026-04-21 B+ 3/5 5/5 2/5 3/5 2/5 2/5 5/5
2026-04-20 B+ 3/5 5/5 2/5 3/5 2/5 2/5 5/5
2026-04-17 B+ 3/5 5/5 2/5 3/5 2/5 2/5 5/5
2026-04-16 B+ 3/5 5/5 2/5 3/5 2/5 2/5 5/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
3.80M
OE per share TTM
0.19
Owner's Yield
0.23%
Maintenance CapEx ratio
75.30%
Maint CapEx / Avg PPE
5.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 6 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional - International Small Cap Value ETF DISV 0.01% 260.1K 0.42%
2 Dimensional - International Small Cap ETF DFIS 0.00% 190.1K 0.39%
3 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 122.0K 0.28%
4 Dimensional - International Core Equity 2 ETF DFIC 0.00% 132.4K 0.22%
5 State Street SPDR Portfolio Europe ETF SPEU 0.00% 4.6K 0.07%
6 Dimensional - International Core Equity Market ETF DFAI 0.00% 0.18%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
119.2K
Shares Outstanding
18.86M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Teemu Salmi President & Chief Executive Officer 5M male
Emma Bergvall Senior Vice President & Head of Sales Operations
Jean-Pierre Coury Senior Vice President & Head of Embedded Security Business Group male
John Hughes Senior Vice President & Head of Network Security Business Group male
Mathias Johansson Chief Commercial Officer male
Osvaldo Aldao Chief Technology, Product, Marketing & Strategy Officer male
Roland Steiner Senior Vice President & Head of Network Solutions Business Group male
Anna de la Cruz Selander Chief People & Communication Officer female
Ulf Stigberg Chief Financial Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits