Persisting Tech Headwinds And Rising Regulation Will Erode Margins

AN

AnalystLowTarget

Not Invested

Community Contributor

Published

23 Jul 25

Updated

09 Apr 26

Views

12

09 Apr

SEK 178.30

AnalystLowTarget's Fair Value

SEK 182.00

2.0% undervalued

1Y

12.1%

7D

-0.1%

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1Y

12.1%

7D

-0.1%

You can edit this narrative until Apr 10 8:05 PM. Then, changes will post as Updates.

Author's Valuation

SEK 1822.0% undervalued

AnalystLowTarget Fair Value

Shared on 09 Apr 26

NOTE: Defense Order And Tighter Assumptions Will Guide Balanced Future Outlook

Analysts have trimmed their SEK price target on NOTE by SEK 2.00, citing revised expectations for future revenue growth, slightly higher profit margins, a modestly higher discount rate and a lower future P/E multiple in their updated models. Analyst Commentary Bearish analysts are framing the SEK 2.00 trim to NOTE's price target as a reflection of tighter assumptions around what the business can reasonably deliver, both on growth and on valuation.

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Shared on 26 Mar 26

NOTE: Defense Order And Updated Assumptions Will Shape Balanced Future Outlook

Analysts have trimmed their SEK price target on NOTE by SEK 2, citing updated assumptions for revenue growth, profit margins and future P/E levels as reflected in recent research commentary. Analyst Commentary Bearish analysts are using the latest SEK 2 price target trim on NOTE as a signal to reset expectations around what they see as a more conservative outlook for revenue, margin sustainability and future P/E levels.

1 view

Shared on 25 Feb 26

Fair value Increased 43%

NOTE: Defense Order And Revised Assumptions Will Support Balanced Future Outlook

Analysts now set a higher price target for NOTE at SEK182, up from SEK127, reflecting updated assumptions for revenue growth, profit margins, discount rate and future P/E levels. What's in the News NOTE received an order worth SEK 135 million from a long term customer in the defense segment, a Nordic defense company that is described as a market leader in its field (Key Developments).

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Valuator

Company Info

Notes

AnalystLowTarget Fair Value

SEK 182

2.0% undervalued

Future estimation in

Revenue

Profit Margin

Future PE

Growth p.a.

%

Decrease

Increase

Forecast revenue growth rate

14.06%

Historical revenue growth rate

10.05%

Electronic Equipment and Components revenue growth rate

0.69%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

7.99%

Calculation

SEK 473.86m

Earnings '29

x

13.15x

PE Ratio '29

=

SEK 6.23b

Market Cap '29

SEK 6.23b

Market Cap '29

/

28.74m

No. shares '29

=

SEK 216.70

Share Price '29

SEK 216.70 Share Price '29

Discounted to 2026 @ 6.92% p.a.

=

SEK 177.28

Fair Value '26