WinstonWınston
Back
Profoto Holding AB (publ) logo

Profoto Holding AB (publ)

PRFO.ST
23
Furnishings, Fixtures & Appliances · Consumer Cyclical
Exchange
Stockholm Stock Exchange
Winston Score
23
Winston is worried
Weak fundamentals across most pillars.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Weak
Growth
Weak
Cash Flow
Mixed
Stability
Mixed
Valuation
Data not available
Dividends
Good

Winston Score History

The full picture

Profoto is a Swedish company that makes professional lighting equipment for photographers. Its main products are studio flash units, portable battery-powered lights, and light-shaping accessories like softboxes and reflectors. The company sells to professional photographers, photo studios, and serious hobbyists, and is widely recognized as a premium brand in the photography lighting market.

Profoto earns money by selling hardware — cameras lights and accessories — through retailers, distributors, and its own online store. It operates globally, with a strong presence in Europe and North America, and generates roughly $100–150 million in annual revenue. Its moat comes from brand reputation and product quality, which allow it to charge higher prices than most competitors. The main risk is that the photography industry is shrinking as smartphone cameras improve, reducing demand for dedicated professional lighting gear, which likely explains the company's near-zero operating margins today.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

-17.0% YoY

YoY Growth Rate

Revenue declining

EPS Growth

-100.0% YoY

YoY Growth Rate

Earnings declining

Insider Activity

74.0%ownership

Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

kr 55M cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Revenue declining

Profoto Holding AB (publ)'s revenue is actually shrinking. In a growth stock, that removes the core investment thesis. The low Winston Score here may be warranted — unless there's a turnaround story.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
7.0%
Thin — 7.0% gross margin
Profit after running costs
Operating Margin
-1.4%
Losing money on operations — -1.4%
Return on the money invested
ROCE
-4.4%
Weak — -4.4% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
-18.0%
Shrinking sales (-18.0% YoY)
Profit growth
EPS YoY
-132.7%
Earnings shrinking (-132.7% YoY)

Earnings per share down more than 10%. Either a bad year, or a real decline.

How steady the profit is
EPS Consistency
3/8 quarters
Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
N/A
Data not available
Spare cash per sale
FCF Margin
14.3%
Converts sales into free cash efficiently (14.3%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.57
Conservative — low debt load (0.57)
Covers its interest
Interest Cover
N/A
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
N/M
no trend
Negative earnings — P/E not meaningful
Cheaper or dearer next year
P/E vs Forward
N/A
not available
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend
Dividend Yield
26.38%
no trend
Healthy income — 26.38% yield

Yield above 6% — often a flag the market is pricing in a cut.

Dividend record
Dividend Growth
N/A
no trend
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial