Momentum Group AB (publ)

OM:MMGR B Stock Report

Market Cap: SEK 6.0b

Momentum Group Future Growth

Future criteria checks 4/6

Momentum Group is forecast to grow earnings and revenue by 12.6% and 6.9% per annum respectively. EPS is expected to grow by 12.6% per annum. Return on equity is forecast to be 21.6% in 3 years.

Key information

12.6%

Earnings growth rate

12.61%

EPS growth rate

Trade Distributors earnings growth11.3%
Revenue growth rate6.9%
Future return on equity21.58%
Analyst coverage

Low

Last updated06 May 2026

Recent future growth updates

Analysis Article May 04

Momentum Group AB (publ) Just Missed EPS By 19%: Here's What Analysts Think Will Happen Next

The analysts might have been a bit too bullish on Momentum Group AB (publ) ( STO:MMGR B ), given that the company fell...
Analysis Article Oct 29

Momentum Group AB (publ) (STO:MMGR B) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

It's been a good week for Momentum Group AB (publ) ( STO:MMGR B ) shareholders, because the company has just released...
Analysis Article Jul 23

The Momentum Group AB (publ) (STO:MMGR B) Second-Quarter Results Are Out And Analysts Have Published New Forecasts

Momentum Group AB (publ) ( STO:MMGR B ) missed earnings with its latest second-quarter results, disappointing...

Recent updates

Narrative Update May 25

MMGR B: Stable Fair Value And Earnings Multiple Will Support Future Upside

Analysts have maintained the fair value for Momentum Group at SEK148 per share, with only minor adjustments to the discount rate, revenue growth, profit margin, and future P/E assumptions informing this price target update. Valuation Changes Fair Value: SEK148.0 per share is unchanged, indicating no revision to the overall valuation level.
Narrative Update May 08

MMGR B: Buy Rating And Higher Margins Will Support Future Upside

The analyst price target for Momentum Group has shifted from SEK 163 to SEK 148, as analysts adjust their fair value assumptions, discount rate, revenue growth outlook, profit margin profile and future P/E expectations following the recent Buy rating initiation from DNB Carnegie at SEK 163. Analyst Commentary Analysts are rebalancing their views on Momentum Group after the recent upgrade to Buy and the shift in the price target to SEK 148, focusing on what they see as a fairer reflection of the company’s risk and reward profile.
Analysis Article May 04

Momentum Group AB (publ) Just Missed EPS By 19%: Here's What Analysts Think Will Happen Next

The analysts might have been a bit too bullish on Momentum Group AB (publ) ( STO:MMGR B ), given that the company fell...
Narrative Update Apr 22

MMGR B: Upgraded Rating And Firmer Margins Will Support Future Upside

Analysts have adjusted their price target on Momentum Group from SEK 165.75 to SEK 163.00, citing updated fair value estimates that balance slightly revised revenue growth and discount rate assumptions with a firmer profit margin and a lower projected P/E. Analyst Commentary Recent research points to a more constructive stance on Momentum Group, with the revised SEK 163 price target used as a reference point for fair value.
Narrative Update Apr 07

MMGR B: Recent Upgrade And SEK 1.40 Dividend Will Drive Upside

Analysts have lifted their price target on Momentum Group to SEK 163.00, reflecting a more positive stance on the shares following an upgrade to Buy, supported by updated assumptions on discount rate, profit margin and future P/E. Analyst Commentary Recent research points to a more supportive view on Momentum Group, with the higher SEK 163 price target framed around updated assumptions for discount rate, profit margin and future P/E.
Narrative Update Mar 23

MMGR B: Recent Rating Upgrade Will Support Upside As Dividend Catalyst Approaches

Analysts have lifted their price target on Momentum Group to SEK 163, citing updated assumptions around discount rate, long term revenue growth, profit margins and future P/E that together support a higher valuation range. Analyst Commentary Recent research reflects a more constructive stance on Momentum Group, with the new SEK 163 price target aligning with refreshed assumptions on discount rate, long term revenue growth, margins and future P/E levels.
Narrative Update Mar 06

MMGR B: Recent Rating Upgrade Will Support Upside As New Dividend Approaches

Analysts have modestly reduced their fair value estimate for Momentum Group from SEK 167.50 to SEK 165.75. The updated SEK 163 price target supports a slightly lower P/E assumption while still reflecting a more constructive rating stance.
Narrative Update Feb 19

MMGR B: Recent Rating Upgrade Will Support Upside From Current Levels

Analysts have revised their price target on Momentum Group to SEK 167.50 from SEK 180. This reflects updated views on discount rates, revenue growth, profit margins and future P/E assumptions, alongside a recent upgrade to Buy at SEK 163 from Street research.
Analysis Article Oct 29

Momentum Group AB (publ) (STO:MMGR B) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

It's been a good week for Momentum Group AB (publ) ( STO:MMGR B ) shareholders, because the company has just released...
New Narrative Aug 27

Europe Renovation And Efficiency Upgrades Will Define A Sustainable Market

Key Takeaways Strategic focus on sustainable products, operational efficiency, and disciplined acquisitions strengthens growth prospects and supports margin expansion. Exposure to stable aftermarket demand and strong cash flow buffers earnings volatility and minimizes short-term risk concerns.
Analysis Article Jul 23

The Momentum Group AB (publ) (STO:MMGR B) Second-Quarter Results Are Out And Analysts Have Published New Forecasts

Momentum Group AB (publ) ( STO:MMGR B ) missed earnings with its latest second-quarter results, disappointing...
Analysis Article Jun 11

Some Shareholders Feeling Restless Over Momentum Group AB (publ)'s (STO:MMGR B) P/E Ratio

With a price-to-earnings (or "P/E") ratio of 44.7x Momentum Group AB (publ) ( STO:MMGR B ) may be sending very bearish...
Analysis Article May 07

We Think Momentum Group's (STO:MMGR B) Solid Earnings Are Understated

The market seemed underwhelmed by last week's earnings announcement from Momentum Group AB (publ) ( STO:MMGR B...
Analysis Article May 02

Earnings Miss: Momentum Group AB (publ) Missed EPS By 16% And Analysts Are Revising Their Forecasts

Momentum Group AB (publ) ( STO:MMGR B ) just released its latest quarterly report and things are not looking great...
Analysis Article May 01

It Looks Like Shareholders Would Probably Approve Momentum Group AB (publ)'s (STO:MMGR B) CEO Compensation Package

Key Insights Momentum Group to hold its Annual General Meeting on 7th of May CEO Ulf Lilius' total compensation...
Analysis Article Apr 24

Momentum Group (STO:MMGR B) Has A Rock Solid Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Mar 07

Should You Be Adding Momentum Group (STO:MMGR B) To Your Watchlist Today?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Feb 19

Momentum Group AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Last week saw the newest annual earnings release from Momentum Group AB (publ) ( STO:MMGR B ), an important milestone...
Analysis Article Nov 27

Momentum Group AB (publ)'s (STO:MMGR B) Share Price Could Signal Some Risk

With a price-to-earnings (or "P/E") ratio of 47.9x Momentum Group AB (publ) ( STO:MMGR B ) may be sending very bearish...
Analysis Article Nov 04

We Like Momentum Group's (STO:MMGR B) Earnings For More Than Just Statutory Profit

Shareholders appeared to be happy with Momentum Group AB (publ)'s ( STO:MMGR B ) solid earnings report last week...
Analysis Article Oct 28

Earnings Update: Here's Why Analysts Just Lifted Their Momentum Group AB (publ) (STO:MMGR B) Price Target To kr183

Last week saw the newest third-quarter earnings release from Momentum Group AB (publ) ( STO:MMGR B ), an important...
Analysis Article Oct 10

Is Now The Time To Put Momentum Group (STO:MMGR B) On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article May 24

Does This Valuation Of Momentum Group AB (publ) (STO:MMGR B) Imply Investors Are Overpaying?

Key Insights The projected fair value for Momentum Group is kr136 based on 2 Stage Free Cash Flow to Equity Momentum...
Analysis Article Apr 05

Why Momentum Group's (STO:MMGR B) Earnings Are Better Than They Seem

Shareholders appeared to be happy with Momentum Group AB (publ)'s ( STO:MMGR B ) solid earnings report last week...
Analysis Article Sep 19

Estimating The Intrinsic Value Of Momentum Group AB (publ) (STO:MMGR B)

Key Insights The projected fair value for Momentum Group is kr99.01 based on 2 Stage Free Cash Flow to Equity Momentum...
Analysis Article Jul 18

Analysts' Revenue Estimates For Momentum Group AB (publ) (STO:MMGR B) Are Surging Higher

Momentum Group AB (publ) ( STO:MMGR B ) shareholders will have a reason to smile today, with the analysts making...

Earnings and Revenue Growth Forecasts

OM:MMGR B - Analysts future estimates and past financials data (SEK Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20283,7232573543764
12/31/20273,4622353213384
12/31/20263,2072052812974
3/31/20263,098182296312N/A
12/31/20253,097187329347N/A
9/30/20253,050179285299N/A
6/30/20252,998177328342N/A
3/31/20252,947179340354N/A
12/31/20242,873178313323N/A
9/30/20242,795189304315N/A
6/30/20242,681179269281N/A
3/31/20242,457170250263N/A
12/31/20232,298170248260N/A
9/30/20232,125165218229N/A
6/30/20231,945158192201N/A
3/31/20231,842150179185N/A
12/31/20221,739137130135N/A
9/30/20221,647127141144N/A
6/30/20221,590123122125N/A
3/31/20221,540117137141N/A
12/31/20211,491116164169N/A
12/31/20201,11692217221N/A
3/31/20201,25498133136N/A
3/31/20191,19684N/A102N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MMGR B's forecast earnings growth (12.6% per year) is above the savings rate (2%).

Earnings vs Market: MMGR B's earnings (12.6% per year) are forecast to grow faster than the Swedish market (8.7% per year).

High Growth Earnings: MMGR B's earnings are forecast to grow, but not significantly.

Revenue vs Market: MMGR B's revenue (6.9% per year) is forecast to grow faster than the Swedish market (0.1% per year).

High Growth Revenue: MMGR B's revenue (6.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MMGR B's Return on Equity is forecast to be high in 3 years time (21.6%)


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 15:12
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Momentum Group AB (publ) is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Emanuel JanssonDanske Bank
Karl-Johan BonnevierDNB Carnegie
Patrik SchwartzPareto Securities