BM

BMAX.ST

$52.50
Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 0.10%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Byggmax Group AB (publ) (BMAX.ST) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.

⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.

Market & analysts
Price target
$55.50
+5.7% · 2 analysts
Institutional own.
48.1%
of shares
NON-COMPLIANT
Sharia compliance
0.10%
Non-permissible income — HTR, from filings (2025-12-31)
$55.50
Price target (+5.7%) · 2 analysts
48.1%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. BMAX.ST files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Fail

RatioValueThresholdResult
Interest-bearing debt 123.36% 30.00% Fail
Interest-bearing investments 0.37% 30.00% Pass
Non-permissible income 0.10% 5.00% Pass

Usmani Fail

RatioValueThresholdResult
Interest-bearing debt 67.30% 33.00% Fail
Interest-bearing investments 0.20% 33.00% Pass
Non-liquid assets 99.63% at least 20.00% Pass
Non-permissible income 0.10% 5.00% Pass

MSCI Fail

RatioValueThresholdResult
Interest-bearing debt 67.30% 33.33% Fail
Cash + interest-bearing securities 0.20% 33.33% Pass
Accounts receivable 0.37% 33.33% Pass
Non-permissible income 0.10% 5.00% Pass

FTSE Fail

RatioValueThresholdResult
Interest-bearing debt 67.30% 33.33% Fail
Cash + interest-bearing securities 0.20% 33.33% Pass
Accounts receivable 0.37% 50.00% Pass
Non-permissible income 0.10% 5.00% Pass

Dow Jones Islamic Market Fail

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 130.51% 33.00% Fail
Cash + interest-bearing securities 0.39% 33.00% Pass
Accounts receivable 0.32% 33.00% Pass
Non-permissible income 0.10% 5.00% Pass

S&P Shariah Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 146.43% 33.00% Fail
Cash + interest-bearing securities 0.44% 49.00% Pass
Accounts receivable 0.36% 49.00% Pass
Non-permissible income 0.10% 5.00% Pass

MSCI M-Series Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 146.43% 33.33% Fail
Cash + interest-bearing securities 0.44% 33.33% Pass
Accounts receivable 0.80% 49.00% Pass
Non-permissible income 0.10% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

62.4958.0853.6749.2744.862025-09-112026-03-122026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
49.07
S2
50.33
S1
51.17
PIVOT
52.43
R1
53.27
R2
54.53
R3
55.37

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
51.622 57.178
±5.11% from 54.4, made 2026-09-05 · resolves 2026-09-12
STRONG BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 21872 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG BUY
19 indicators
OscillatorsSTRONG BUY
3 buy · 4 neutral · 0 sell
Moving averagesSTRONG BUY
12 buy · 0 neutral · 0 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)53.00NEUTRAL
Stochastic %K (14)48.65NEUTRAL
CCI (20)56.60NEUTRAL
Williams %R (14)-51.35NEUTRAL
MACD (12,26,9)0.01BUY
ROC (10)0.19BUY
Momentum (10)0.10BUY
EMA (10)52.40BUY
SMA (10)52.36BUY
EMA (20)52.16BUY
SMA (20)52.05BUY
EMA (30)51.91BUY
SMA (30)52.02BUY
EMA (50)51.45BUY
SMA (50)51.72BUY
EMA (100)51.09BUY
SMA (100)49.55BUY
EMA (200)51.81BUY
SMA (200)51.83BUY

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About Byggmax Group AB (publ)

Consumer Cyclical · Home Improvement Retail

Byggmax Group AB (publ) sells building materials and related products for DIY projects in Sweden, Norway, and internationally. The company offers timber products, cement, insulation, tools, paint, tiles, storage, garden buildings, green houses, and garden products. wood, board materials, garden products, tools and machines, electricity and plumbing, fittings, fastening and fasteners, casting and foundation, ceiling, insulation, and garage and workshop equipment. It also offers windows and doors, flooring, kitchen, interior, outdoor, color, bathroom, and other products through its physical and online stores. Byggmax Group AB (publ) was founded in 1993 and is headquartered in Stockholm, Sweden.

byggmax.se ↗

Background via Yahoo Finance — informational, not part of the verdict.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.