The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

ENEA.ST

Concerning the House

Enea AB (publ) provides software products for telecom and cybersecurity industries worldwide. The company offers Messaging Security, a real-time messaging traffic analysis and network protection; Signaling Security, a discovery and defence from threats; Stratum, a resilient and distributed network data layer; Enea Access Manager, a cloud-native AAA server; Enea Policy Manager that provides the PCRF and PCF functions; Dual Mode 5G adds value to user generated data flows; TCP Acceleration, which optimize TCP flows; Network Traffic Classification & DPI, which monetize and scale secure data access; Encrypted Video Optimization helps reduce mobile data traffic; RAN Congestion Management boosts Radio Access Network (RAN); Data Traffic Filtering, a powerful, flexible, real-time content control for mobile networks; Virtual Load Balancer, enhances the data flows in your telecom network; and HTTPS Header Enrichment, which secure connectivity management for encrypted traffic. It also provides Embedded DPI & Traffic Intelligence, a software to enhance their solutions with accurate, real-time network traffic visibility; Qosmos ixEngine, a software development kit; Qosmos TD SDK, an IDS-based threat detection software; and Qosmos Probe, a cyber sensor; Enea Aptilo Service Management Platform, a system for managing large-scale Wi-Fi services; Enea Aptilo SMP-S; IoT Solutions, an IoT connectivity and security solutions; and IoT CCS, a programmble layer for cellular IoT connectivity control, security and automation. In addition, it offers Enea OSE, an operating system; Enea Linux, a commercial grade Linux; Enea OSEck, a memory constrained application; Enea Polyhedra, a database management system, and Enea Netbricks, a collection of portable protocol. The company was founded in 1968 and is headquartered in Stockholm, Sweden.

Sweden · www.enea.com

The Ledger
LineJun 2025Sep 2025Dec 2025Mar 2026
Revenue$227.80M$240.80M$242.70M
Gross profit$173.40M$194.40M$186.80M
Operating income$29.00M$54.50M$45.90M
Net income-$8.60M$42.50M$18.60M
Diluted EPS-1.382.210.98
Free cash flow$5.20M$45.20M$14.30M
Quotation

$63.50

+1.00 (+1.6%)

52w hi$90.70
52w lo$54.60
Vol18.19K
As ofAug 13
The Verdict

Hold

Our score +0.21

Short-0.12
Medium+0.40
Long+0.49

computed 2026-08-13

By the Numbers

Enea AB (publ)

Technology · Software - Infrastructure

Market cap$1.19B
Enterprise value$1.43B
Trailing P/E11.44x
Forward P/E12.21x
EV / EBITDA5.68x
P / S (ttm)1.34x
Profit margin12.1%
Return on equity6.4%
Revenue growth-2.6%
Earnings growth
Debt / equity19.15
Risk Metrics
Beta vs SPX0.07
Corr SPX0.03
Annual vol40.3%
Annual ret-12.9%
Sharpe-0.32
Max DD-56.0%

Window: 504 trading days (490 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.26
Sector+0.15
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$62.70$64.30$62.70$63.5018.19K
Aug 12$63.40$63.80$62.10$62.5024.39K
Aug 11$62.00$63.70$61.70$62.6031.32K
Aug 10$62.00$62.80$61.10$62.0031.75K
Aug 7$61.00$63.60$61.00$62.1039.28K