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Afry AB (AFXXF)

For informational purposes only. Not financial advice. Analysis by Sedat Aydin, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Afry AB (AFXXF) with AI Score 50/100 (Hold). Afry AB provides engineering, design, and advisory services globally across infrastructure, industry, and energy sectors. Market cap: 0, Sector: Industrials.

Last analyzed: Mar 15, 2026
Afry AB provides engineering, design, and advisory services globally across infrastructure, industry, and energy sectors. The company operates through five segments, offering solutions from architecture to automation and management consulting.
50/100 AI Score

Afry AB (AFXXF) Industrial Operations Profile

Employees17,898
HeadquartersStockholm, Sweden

Afry AB, a Swedish engineering and consulting firm, delivers comprehensive solutions across infrastructure, industry, and energy sectors. With a global presence and a focus on sustainability, Afry leverages its diverse expertise to serve clients in the Nordics, North America, South America, Asia, and Europe.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 15, 2026

Investment Thesis

Afry AB presents an investment opportunity within the engineering and construction sector, driven by its diverse service offerings and global presence. Key value drivers include its strong position in sustainable solutions and digital transformation services. The company's focus on high-growth sectors like renewable energy and infrastructure development provides growth catalysts. However, investors may want to evaluate risks such as project execution challenges and economic cyclicality. With a market capitalization of $1.90 billion and a profit margin of 3.1%, Afry's financial performance warrants careful monitoring. The company's ROE of 6.2% and D/E ratio of 52.10 also require consideration.

Based on FMP financials and quantitative analysis

Key Highlights

  • Afry AB operates in five segments: Infrastructure, Industrial & Digital Solutions, Process Industries, Energy, and Management Consulting.
  • The company's gross margin stands at 18.1%, reflecting its ability to manage project costs and pricing.
  • Afry AB has a market capitalization of $1.90 billion, indicating its size and significance in the engineering and construction industry.
  • The company's return on equity (ROE) is 6.2%, showing its profitability relative to shareholders' equity.
  • Afry AB's debt-to-equity ratio is 52.10, reflecting its financial leverage.

Competitors & Peers

Strengths

  • Diverse service offerings across multiple sectors.
  • Global presence and established reputation.
  • Strong technical expertise and skilled workforce.
  • Focus on sustainability and digital transformation.

Weaknesses

  • Exposure to economic cyclicality.
  • Project execution risks.
  • Dependence on government regulations and incentives.
  • Limited brand recognition in some regions.

Catalysts

  • Ongoing: Government investments in infrastructure projects globally, creating demand for Afry's engineering services.
  • Ongoing: Increasing adoption of digital solutions in industries, driving demand for Afry's digital transformation services.
  • Ongoing: Growing demand for sustainable solutions and environmental consulting services.
  • Upcoming: Potential acquisitions or partnerships to expand service offerings and geographic reach.
  • Upcoming: New project wins in renewable energy sector, boosting revenue growth.

Risks

  • Potential: Economic downturns and reduced infrastructure spending.
  • Potential: Project delays and cost overruns.
  • Potential: Increased competition from other engineering and consulting firms.
  • Ongoing: Fluctuations in commodity prices and energy markets.
  • Ongoing: Geopolitical risks and economic uncertainty.

Growth Opportunities

  • Expansion in Renewable Energy Sector: Afry can capitalize on the growing demand for renewable energy solutions. The global renewable energy market is projected to reach $1.1 trillion by 2027, driven by government incentives and increasing environmental concerns. Afry's expertise in energy engineering and consulting positions it to secure projects in wind, solar, and hydro power, contributing significantly to revenue growth over the next 3-5 years.
  • Digital Transformation Services: The increasing need for digital solutions in industries such as manufacturing, infrastructure, and energy presents a significant growth opportunity for Afry. The global digital transformation market is expected to reach $6.8 trillion by 2028. Afry's Industrial & Digital Solutions segment can leverage its expertise in automation, IoT, and data analytics to drive growth and improve operational efficiency for clients.
  • Infrastructure Development in Emerging Markets: Emerging markets are investing heavily in infrastructure development to support economic growth. Afry can expand its presence in these markets by offering engineering, design, and project management services for transportation, water management, and building projects. This expansion can contribute to long-term revenue growth and diversification.
  • Sustainable Solutions and Environmental Consulting: With increasing environmental regulations and corporate sustainability initiatives, Afry can leverage its expertise in sustainable solutions and environmental consulting. The global environmental consulting market is projected to reach $51.6 billion by 2026. Afry can provide services such as environmental impact assessments, waste management solutions, and carbon reduction strategies.
  • Strategic Acquisitions and Partnerships: Afry can pursue strategic acquisitions and partnerships to expand its service offerings, geographic reach, and technological capabilities. By acquiring companies with complementary expertise or entering into partnerships with technology providers, Afry can strengthen its competitive position and accelerate growth. These initiatives can enhance Afry's ability to serve clients and capitalize on emerging market trends.

Opportunities

  • Expansion in renewable energy sector.
  • Growth in digital transformation services.
  • Infrastructure development in emerging markets.
  • Strategic acquisitions and partnerships.

Threats

  • Intense competition from other engineering and consulting firms.
  • Fluctuations in commodity prices and energy markets.
  • Changes in government regulations and policies.
  • Geopolitical risks and economic uncertainty.

Competitive Advantages

  • Established reputation and brand recognition in the engineering and construction industry.
  • Diverse service offerings across multiple sectors and geographies.
  • Strong technical expertise and skilled workforce.
  • Long-standing relationships with key clients.

About AFXXF

Founded in 1895 and headquartered in Stockholm, Sweden, Afry AB has evolved into a global engineering, design, and advisory services provider. Originally known as ÅF Pöyry AB, the company rebranded to Afry AB in June 2021. Afry operates through five segments: Infrastructure, Industrial & Digital Solutions, Process Industries, Energy, and Management Consulting. The Infrastructure segment focuses on transport infrastructure, water management, and building solutions, including airports, hospitals, and schools. The Industrial & Digital Solutions segment provides automation, manufacturing, and digital solutions to various industries. The Process Industries segment serves mining, metals, food and beverage, pulp and paper, and chemical industries. The Energy segment offers engineering and consulting services for energy and power applications. The Management Consulting segment provides strategic advice and software products. Afry's services span architecture and design, automation, digital solutions, engineering, and consulting. The company serves clients in the Nordics, North America, South America, Asia, and Europe.

What They Do

  • Provides engineering services for infrastructure projects.
  • Offers design solutions for industrial facilities.
  • Delivers advisory services for the energy sector.
  • Provides automation and manufacturing solutions.
  • Offers digital solutions and IT services.
  • Provides sustainable and environmental solutions.
  • Offers project management services.

Business Model

  • Provides engineering, design, and advisory services on a project basis.
  • Offers consulting services on a retainer basis.
  • Generates revenue through fixed-price contracts and time-and-material agreements.
  • Provides software products and licenses.

Industry Context

Afry AB operates in the engineering and construction industry, which is experiencing growth driven by infrastructure development, renewable energy projects, and digital transformation initiatives. The industry is competitive, with players ranging from large multinational corporations to smaller specialized firms. Afry differentiates itself through its diverse service offerings, global presence, and focus on sustainability. The market is influenced by economic conditions, government regulations, and technological advancements. Afry's ability to adapt to these factors will be crucial for its success.

Key Customers

  • Infrastructure developers and operators.
  • Industrial companies in mining, metals, food and beverage, pulp and paper, and chemical industries.
  • Energy companies in power generation, transmission, and distribution.
  • Government agencies and municipalities.
AI Confidence: 81% Updated: Mar 15, 2026

Financials

Chart & Info

Afry AB (AFXXF) stock price: Price data unavailable

Latest News

Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for AFXXF.

Price Targets

Wall Street price target analysis for AFXXF.

MoonshotScore

50/100

What does this score mean?

The MoonshotScore rates AFXXF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

AFXXF OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, indicating that Afry AB may not meet the minimum financial or disclosure requirements for higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial reporting and may not be subject to the same regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. This tier is often associated with higher risks due to the lack of transparency and regulatory scrutiny.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: Liquidity for AFXXF on the OTC market is likely limited, given its listing on the OTC Other tier. This can result in wider bid-ask spreads and potential difficulty in buying or selling large quantities of shares without significantly impacting the price. Investors should exercise caution and consider the potential for price volatility due to low trading volume.
OTC Risk Factors:
  • Limited liquidity and potential for price volatility.
  • Lack of regulatory oversight and financial transparency.
  • Potential for inaccurate or incomplete information.
  • Higher risk of fraud or manipulation.
  • Limited access to company information and management.
Due Diligence Checklist:
  • Verify the company's financial statements and disclosures.
  • Research the company's management team and their track record.
  • Assess the company's business model and competitive landscape.
  • Check for any regulatory filings or legal proceedings.
  • Review the company's website and investor relations materials.
  • Consult with a financial advisor or conduct independent research.
  • Understand the risks associated with investing in OTC stocks.
Legitimacy Signals:
  • Established history as ÅF Pöyry AB since 1895.
  • Global presence and operations in multiple countries.
  • Presence in multiple sectors: infrastructure, industry, and energy.
  • 17,898 employees indicates a substantial business operation.
  • Market capitalization of $1.90B suggests a significant enterprise value.

Afry AB Stock: Key Questions Answered

What does Afry AB do?

Afry AB is a global engineering, design, and advisory services company that provides solutions for the infrastructure, industry, and energy sectors. The company operates through five segments: Infrastructure, Industrial & Digital Solutions, Process Industries, Energy, and Management Consulting. Afry offers a wide range of services, including architecture and design, automation and manufacturing solutions, digital solutions, engineering and consulting services, and sustainable and environmental solutions. The company serves clients in the Nordics, North America, South America, Asia, and Europe.

What do analysts say about AFXXF stock?

AI analysis is pending for AFXXF. Generally, analysts consider factors such as revenue growth, profit margins, and market share when evaluating engineering and construction companies. Key valuation metrics include price-to-earnings ratio, price-to-sales ratio, and enterprise value-to-EBITDA. Growth considerations include the company's ability to secure new projects, expand into new markets, and adapt to technological advancements. Investors should conduct their own research and consult with a financial advisor before making any investment decisions.

What are the main risks for AFXXF?

Afry AB faces several risks, including economic cyclicality, project execution challenges, and competition from other engineering and consulting firms. Economic downturns can lead to reduced infrastructure spending and project delays. Project execution risks include cost overruns, delays, and technical challenges. Increased competition can put pressure on pricing and margins. Additionally, Afry is exposed to fluctuations in commodity prices and energy markets, as well as geopolitical risks and economic uncertainty. Investors should carefully consider these risks before investing in AFXXF.

How does Afry AB compare to competitors in its industry?

Afry AB competes with other engineering and construction firms such as Sweco AB, WSP Global, and NCC AB. Afry differentiates itself through its diverse service offerings, global presence, and focus on sustainability and digital transformation. While some competitors may specialize in specific sectors or geographies, Afry offers a broader range of services across multiple sectors and regions. This diversification can provide a competitive advantage and reduce exposure to specific market risks. However, Afry also faces challenges in managing its global operations and maintaining consistent service quality across different regions.

What are the key financial metrics investors watch for AFXXF?

Investors in AFXXF typically monitor several key financial metrics, including revenue growth, profit margins, return on equity (ROE), and debt-to-equity ratio. Revenue growth indicates the company's ability to increase sales and expand its market share. Profit margins reflect the company's profitability and efficiency in managing costs. ROE measures the company's profitability relative to shareholders' equity. The debt-to-equity ratio indicates the company's financial leverage and risk. Additionally, investors may consider free cash flow and dividend yield, although Afry AB currently does not pay a dividend.

What are the key factors to evaluate for AFXXF?

Afry AB (AFXXF) currently holds an AI score of 50/100, indicating moderate score. Key strength: Diverse service offerings across multiple sectors.. Primary risk to monitor: Potential: Economic downturns and reduced infrastructure spending.. This is not financial advice.

How frequently does AFXXF data refresh on this page?

AFXXF prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.

What has driven AFXXF's recent stock price performance?

Recent price movement in Afry AB (AFXXF) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Diverse service offerings across multiple sectors.. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .

Data provided for informational purposes only.

Analysis Notes
  • OTC data may be limited or delayed.
  • AI analysis pending for AFXXF.
Data Sources

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