SALT-B.ST

Strong SellHot Air

SaltX Technology Holding AB (publ) · Industrials · Sweden · $118M · Avg Vol: $109K/d

Hot Air: Rising on momentum alone: weak business, rich price.

15
StockRank
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Quality
21
Value
21
Momentum
51
P/E (TTM)
—
peers 23.4x
ROE
-47.8%
peers 12.5%
D/E
0.0x
peers 0.6x
Dividend %
—
trailing yield

ABOUT SALTX TECHNOLOGY HOLDING AB (PUBL)

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SaltX Technology Holding AB develops and markets a patented energy storage technology that stores energy in salt to provide zero-emission heat and steam to industrial processes. The company's competitive advantage is rooted in its proprietary nanocoated salt material, which enables efficient, long-duration thermal energy storage without degradation. It operates as an early-stage, innovative technology provider targeting the decarbonization of heavy industries.

FINANCIAL SUMMARY (SEK)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue0.3M26.0M39.9M44.0M456.0%36.7M45.0M135.0M75.2%
EPS (SEK)-0.51-0.36-0.31-0.34—-0.40-0.44-0.31—
Shares136.1M165.8M184.7M198.9M+46.2%230.7M———
Debt32.1M29.3M23.3M1.1M-67.4%0.2M———
Equity125.6M139.0M119.9M227.5M21.9%————
Op CF-47.7M-36.9M-58.6M-45.7M—-67.4M———
Inv CF-1.5M-75.3M-9.1M-3.1M—————
Fin CF72.4M64.1M63.4M60.7M—————
Loading 1Y...
PRICE (1Y)-20.0%
0.500.530.560.590.63Aug 13Sep 3Sep 24
SMA 50SMA 200

Close
$0.5003
RSI (14)
33.8
52W High
$0.8856
From 52W High
0.6%

SCORE BREAKDOWN

Quality
21
ROIC
-27.3%2.9
ROE
-47.8%2.9
GP/Assets
4.9%10.3
Op. Margin
-385.1%1.0
FCF/Assets
-6.5%12.4
Piotroski
417.0
Int. Cover
-50.0x1.1
D/E Ratio
0.00x96.7
Current Ratio
4.67x92.2
Value
21
P/E (TTM)
—N/A
EV/EBITDA
-16.8x25.0
P/FCF
—N/A
P/B
6.4x13.3
P/S
32.7x1.8
Div Yield
—N/A
Momentum
51
52W High %
56%22.5
RS 6M
14%77.6
SMA 50/200
1.11x81.7
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
—N/A
Q Growth
—N/A

FUNDAMENTALS

Market Cap
$118M
P/E (Forward)
-16.6x
Gross Margin
37.3%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of SALT-B.ST are excluded.

TickerCompanyMkt CapStockRankSignal
SALT-B.STSaltX Technology Holding AB (publ)(you)$118M15Strong Sell
CCC.STCavotec Group AB$129M33Sell
FLEXQ.STFlexQube AB (publ)$54M21Sell
BERNER-B.STBerner Industrier AB$142M52Hold
XANO-B.STXANO Industri AB (publ)$294M48Hold
NMAN.STNederman Holding AB (publ)$457M54Hold
SINT.STSinterCast AB (publ)$74M75Buy
ALIG.STAlimak Group AB (publ)$1.3B57Hold
EPRO-B.STElectrolux Professional AB (publ)$1.3B58Hold
PCELL.STPowerCell Sweden AB (publ)$121M16Strong Sell

Peer medians: ROE 12.5% · P/E 23.4x · Gross margin 37.8%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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SaltX Technology Holding AB (publ) (SALT-B.ST): Stock Score Summary

SaltX Technology Holding AB (publ) (SALT-B.ST) has a MoatMap StockRank of 15/100 based on Quality (21/100), Value (21/100), and Momentum (51/100) factor scores. The current signal is STRONG SELL.

SaltX Technology Holding AB develops and markets a patented energy storage technology that stores energy in salt to provide zero-emission heat and steam to industrial processes. The company's competitive advantage is rooted in its proprietary nanocoated salt material, which enables efficient, long-duration thermal energy storage without degradation. It operates as an early-stage, innovative technology provider targeting the decarbonization of heavy industries.

Key Financial Metrics

Price$0.50
Market Cap$118M
P/E (Forward)-16.65
Price/Book6.44
Return on Equity-47.8%
Return on Invested Capital-27.3%
Debt/Equity0.00x
Gross Margin37.3%
Operating Margin-385.1%
Revenue Growth-71.9%
Free Cash Flow$-2M

SaltX Technology Holding AB (publ) operates in the Specialty Industrial Machinery industry, part of the Industrials sector (Sweden).

Frequently Asked Questions

What is SaltX Technology Holding AB (publ)’s (SALT-B.ST) StockRank?
MoatMap’s StockRank for SaltX Technology Holding AB (publ) (SALT-B.ST) is 15/100, with a Strong Sell signal. It is a composite of Quality (21), Value (21), and Momentum (51) factor ranks across MoatMap’s universe of 25,000+ stocks.
Does SaltX Technology Holding AB (publ) have an economic moat?
SaltX Technology Holding AB (publ) (SALT-B.ST) has a Quality factor score of 21/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is SaltX Technology Holding AB (publ) a buy, hold, or sell?
MoatMap’s current signal for SaltX Technology Holding AB (publ) (SALT-B.ST) is Strong Sell, based on a StockRank of 15/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is SaltX Technology Holding AB (publ) in?
SaltX Technology Holding AB (publ) (SALT-B.ST) operates in the Industrials sector, specifically the Specialty Industrial Machinery industry (Sweden).