
Last update at 2026-06-22T20:00:00Z
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Exploring 3 Undiscovered Gems In The European Market
Tue 06 May 25, 05:33 AM| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 1015.45M | 659.00M | 570.00M | 343.00M | 558.00M |
| Minority interest | - | - | - | - | - |
| Net income | 789.02M | 477.00M | 437.00M | 275.00M | 472.00M |
| Selling general administrative | 797.00M | 899.00M | 742.00M | 656.00M | 645.00M |
| Selling and marketing expenses | 1184.00M | 1160.00M | 1073.00M | 1009.00M | 938.00M |
| Gross profit | 3203.94M | 2866.00M | 2598.00M | 2131.00M | 2148.00M |
| Reconciled depreciation | 259.00M | 284.00M | 295.00M | 262.00M | 260.00M |
| Ebit | 1159.09M | 901.00M | 757.00M | 333.00M | 589.00M |
| Ebitda | 1417.44M | 1099.00M | 1052.00M | 595.00M | 849.00M |
| Depreciation and amortization | 258.35M | 198.00M | 295.00M | 262.00M | 260.00M |
| Non operating income net other | - | - | - | - | - |
| Operating income | 1180.03M | 807.00M | 735.00M | 466.00M | 565.00M |
| Other operating expenses | 7323.58M | 7806.00M | 7566.00M | 6403.00M | 5481.00M |
| Interest expense | 143.64M | 186.00M | 187.00M | 52.00M | 33.00M |
| Tax provision | 227.00M | 182.00M | 167.00M | 68.00M | 86.00M |
| Interest income | 34.00M | 83.00M | 71.00M | 21.00M | 2.00M |
| Net interest income | -110.00000M | -122.00000M | -99.00000M | -42.00000M | -42.00000M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 226.43M | 182.00M | 133.00M | 68.00M | 86.00M |
| Total revenue | 8503.61M | 8613.00M | 8301.00M | 6869.00M | 6046.00M |
| Total operating expenses | 2023.91M | 2059.00M | 1863.00M | 1665.00M | 1583.00M |
| Cost of revenue | 5299.67M | 5747.00M | 5703.00M | 4738.00M | 3898.00M |
| Total other income expense net | -164.58609M | -148.00000M | -165.00000M | -123.00000M | -7.00000M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | 791.00M | 477.00M | 407.00M | 275.00M | 472.00M |
| Net income applicable to common shares | - | - | - | 275.00M | 472.00M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 10387.88M | 11145.00M | 10683.00M | 10316.00M | 9549.00M |
| Intangible assets | 3081.25M | 3196.00M | 3297.00M | 3313.00M | 3191.00M |
| Earning assets | - | - | - | - | - |
| Other current assets | 1.00M | 61.00M | 157.00M | 3.00M | 1.00M |
| Total liab | 4696.19M | 5711.00M | 5585.00M | 5322.00M | 5034.00M |
| Total stockholder equity | 5691.69M | 5434.00M | 5098.00M | 4994.00M | 4515.00M |
| Deferred long term liab | - | - | - | - | - |
| Other current liab | 109.23M | 832.00M | 883.00M | 921.00M | 778.00M |
| Common stock | 1439.48M | 1443.00M | 1443.00M | 1443.00M | 1443.00M |
| Capital stock | 1443.00M | 1443.00M | 1443.00M | 1443.00M | 1443.00M |
| Retained earnings | -862.83012M | -1397.00000M | -1507.00000M | -1652.00000M | -1669.00000M |
| Other liab | - | - | - | 1336.00M | 1368.00M |
| Good will | 2500.71M | 2637.00M | 2565.00M | 2570.00M | 2391.00M |
| Other assets | - | - | - | 46.00M | 47.00M |
| Cash | 735.15M | 953.00M | 658.00M | 583.00M | 692.00M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 2040.87M | 1950.00M | 1871.00M | 1709.00M | 1504.00M |
| Current deferred revenue | - | - | 1.00M | 917.00M | 774.00M |
| Net debt | 869.85M | 1556.00M | 1826.00M | 1901.00M | 1676.00M |
| Short term debt | 197.00M | 203.00M | 220.00M | 207.00M | 206.00M |
| Short long term debt | 146.00M | 147.00M | 146.00M | 146.00M | 147.00M |
| Short long term debt total | 1605.00M | 2509.00M | 2484.00M | 2484.00M | 2368.00M |
| Other stockholder equity | 4067.77M | 4065.00M | 5162.00M | 5203.00M | 4741.00M |
| Property plant equipment | - | - | - | 1581.00M | 1576.00M |
| Total current assets | 3235.86M | 3553.00M | 3104.00M | 2781.00M | 2342.00M |
| Long term investments | - | - | - | - | - |
| Net tangible assets | - | - | - | -889.00000M | -1067.00000M |
| Short term investments | - | - | 18.00M | - | - |
| Net receivables | 1126.17M | 1203.00M | 979.00M | 919.00M | 777.00M |
| Long term debt | 1344.00M | 2226.00M | 2179.00M | 2182.00M | 2078.00M |
| Inventory | 1373.55M | 1336.00M | 1292.00M | 1090.00M | 843.00M |
| Accounts payable | 1734.64M | 648.00M | 717.00M | 581.00M | 520.00M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | 1047.37M | 1323.00M | 1117.00M | - | - |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | - | - | - | - |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | - | - | - | - |
| Treasury stock | - | - | - | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | - | 4.00M | 26.00M | 28.00M | 7.00M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 7152.01M | 7592.00M | 7579.00M | 7535.00M | 7207.00M |
| Capital lease obligations | 115.00M | 136.00M | 159.00M | 156.00M | 143.00M |
| Long term debt total | - | - | - | - | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -91.00000M | -236.00000M | -213.00000M | -191.00000M |
| Change to liabilities | - | - | - | 95.00M | 104.00M |
| Total cashflows from investing activities | -131.00000M | -91.00000M | -280.00000M | -213.00000M | -191.00000M |
| Net borrowings | -800.00000M | 1.00M | -1.00000M | -76.00000M | -168.00000M |
| Total cash from financing activities | -1192.00000M | -367.00000M | -379.00000M | -406.00000M | -436.00000M |
| Change to operating activities | - | - | - | - | 183.00M |
| Net income | 982.00M | 807.00M | 735.00M | 466.00M | 565.00M |
| Change in cash | -216.00000M | 295.00M | 75.00M | -109.00000M | 296.00M |
| Begin period cash flow | 953.00M | 658.00M | 583.00M | 692.00M | 396.00M |
| End period cash flow | 737.00M | 953.00M | 658.00M | 583.00M | 692.00M |
| Total cash from operating activities | 1057.00M | 765.00M | 778.00M | 519.00M | 858.00M |
| Issuance of capital stock | - | - | - | - | - |
| Depreciation | 259.00M | 284.00M | 295.00M | 262.00M | 260.00M |
| Other cashflows from investing activities | 2.00M | 72.00M | - | - | 3.00M |
| Dividends paid | 313.00M | 285.00M | 285.00M | 287.00M | 215.00M |
| Change to inventory | -118.00000M | -1.00000M | -212.00000M | -197.00000M | 123.00M |
| Change to account receivables | - | -131.00000M | -63.00000M | -201.00000M | -44.00000M |
| Sale purchase of stock | - | 0.00000M | -1.00000M | -34.00000M | -44.00000M |
| Other cashflows from financing activities | -1192.00000M | -3.00000M | -5.00000M | 513.00M | 672.00M |
| Change to netincome | - | - | - | 285.00M | -57.00000M |
| Capital expenditures | 133.00M | 163.00M | 282.00M | 214.00M | 194.00M |
| Change receivables | - | - | - | - | - |
| Cash flows other operating | - | - | - | - | - |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | - | - | - | - |
| Change in working capital | 75.00M | -196.00000M | -275.00000M | -303.00000M | 183.00M |
| Stock based compensation | - | - | 23.00M | - | - |
| Other non cash items | - | -130.00000M | -152.00000M | 94.00M | -150.00000M |
| Free cash flow | 924.00M | 602.00M | 496.00M | 305.00M | 664.00M |
Sector: Consumer Defensive Industry: Confectioners
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| CLOEF Cloetta AB ser. B |
- -% | 5.38 | 19.33 | - | 1.78 | 2.67 | 1.82 | 11.23 |
| MDLZ Mondelez International Inc |
1.14 1.91% | 60.65 | 21.73 | 18.90 | 2.49 | 3.17 | 2.99 | 14.11 |
| HSY Hershey Co |
3.48 2.04% | 174.38 | 19.64 | 17.79 | 3.33 | 9.37 | 3.76 | 15.10 |
| COCXF Chocoladefabriken Lindt & Sprüngli AG |
- -% | 142302.62 | 27.75 | 6.46 | 5.71 | 5.28 | 4.57 | 21.18 |
| CHLSY Chocoladefabriken Lindt & Sprüngli AG |
0.18 1.60% | 11.41 | 30.85 | 0.54 | 4.78 | 4.50 | 4.13 | 19.17 |
Cloetta AB (publ) operates as a confectionery company. The company operates through Branded Packaged Products and Pick & Mix segments. It manufactures and markets chocolate confectionery products, including pralines, chocolate wafers, dragees, plates, and countlines under the Kexchoklad, Polly, Plopp, Tupla, Royal, Sportlunch, Bridge, Lonka, Sinas, and Snippers brand names. The company also provides candy products comprising foams, wine gums, liquorice, toffees, hard boiled candies, and lollypops under the Malaco, Red Band, Ahlgrens Bilar, Gott & Blandat, Venco, Chewits, and Juleskum brand names. In addition, it offers pastilles under the Läkerol, Mynthon, and King brands, as well as chewing gums under the Jenkki, Sportlife, and Xylifresh brands. Further, the company trades nuts under the Parrot's brand. It sells its products through a network of grocery retail trade, and service trade including convenience stores, e-commerce, and other sales channels in Sweden, Finland, the Netherlands, Denmark, Norway, Germany, the United Kingdom, and internationally. Cloetta AB (publ) was founded in 1862 and is headquartered in Sundbyberg, Sweden.
LandsvAegen 50A, Sundbyberg, Sweden, 174 02
| Name | Title | Year Born |
|---|---|---|
| Mr. Henri de Sauvage-Nolting | Pres & CEO | 1962 |
| Mr. Frans Rydén | Chief Financial Officer | 1972 |
| Mr. Marcel Mensink | Pres of Operations | 1971 |
| Mr. Per Svensson | Chief Information Officer | NA |
| Ms. Nathalie Redmo | Head of Investor Relations & Communications | NA |
| Mr. Thomas Biesterfeldt | Chief Marketing Officer | 1980 |
| Ms. Regina Ekström | Sr. VP of HR | 1963 |
| Mr. Ewald Frénay | Pres of Cloetta Middle Region | 1963 |
| Mr. Ville Perho | Pres of Cloetta Finland | 1979 |
| Ms. Katarina Tell | Pres of Cloetta Sweden | 1970 |
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