Why is aXichem AB ?
1
With a growth in Operating Profit of 120.2%, the company declared Very Positive results in Dec 25
- The company has declared positive results for the last 3 consecutive quarters
- NET SALES(HY) At SEK 8.41 MM has Grown at 343.85%
- OPERATING CASH FLOW(Y) Highest at SEK -11.34 MM
- NET PROFIT(HY) Higher at SEK -8.35 MM
2
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of 23.66%, its profits have fallen by -23.1%
3
Market Beating Performance
- The stock has generated a return of 23.66% in the last 1 year, much higher than market (OMX Stockholm 30) returns of 10.97%
How much should you hold?
- Overall Portfolio exposure to aXichem AB should be less than 10%
- Overall Portfolio exposure to Specialty Chemicals should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Specialty Chemicals)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is aXichem AB for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
aXichem AB
23.66%
0.16
91.30%
OMX Stockholm 30
10.97%
0.59
18.59%
Quality key factors
Factor
Value
Sales Growth (5y)
71.88%
EBIT Growth (5y)
-6.48%
EBIT to Interest (avg)
-10.19
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.15
Sales to Capital Employed (avg)
0.14
Tax Ratio
0.17%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
0
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
2.90
EV to EBIT
-8.96
EV to EBITDA
-11.75
EV to Capital Employed
3.02
EV to Sales
14.51
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-33.68%
ROE (Latest)
-33.61%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bearish
Technical Movement
17What is working for the Company
NET SALES(HY)
At SEK 8.41 MM has Grown at 343.85%
OPERATING CASH FLOW(Y)
Highest at SEK -11.34 MM
NET PROFIT(HY)
Higher at SEK -8.35 MM
RAW MATERIAL COST(Y)
Fallen by -62.66% (YoY
INVENTORY TURNOVER RATIO(HY)
Highest at 4.51 times
DEBTORS TURNOVER RATIO(HY)
Highest at 3.67 times
-1What is not working for the Company
CASH AND EQV(HY)
Lowest at SEK 6.17 MM
Here's what is working for aXichem AB
Net Sales
At SEK 8.41 MM has Grown at 343.85%
Year on Year (YoY)MOJO Watch
Sales trend is very positive
Net Sales (SEK MM)
Operating Cash Flow
Highest at SEK -11.34 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (SEK MM)
Net Profit
Higher at SEK -8.35 MM
than preceding 12 month period ended Dec 2025MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (SEK MM)
Inventory Turnover Ratio
Highest at 4.51 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 3.67 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -62.66% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at SEK 1.28 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (SEK MM)
Here's what is not working for aXichem AB
Cash and Eqv
Lowest at SEK 6.17 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents






