Sectra AB (publ)

OM:SECT B Stock Report

Market Cap: SEK 56.5b

Sectra Future Growth

Future criteria checks 5/6

Sectra is forecast to grow earnings and revenue by 22.5% and 14.1% per annum respectively. EPS is expected to grow by 22.8% per annum. Return on equity is forecast to be 33.1% in 3 years.

Key information

22.5%

Earnings growth rate

22.76%

EPS growth rate

Healthcare Services earnings growth23.5%
Revenue growth rate14.1%
Future return on equity33.05%
Analyst coverage

Low

Last updated05 Jun 2026

Recent future growth updates

Analysis Article Dec 17

Results: Sectra AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts

Last week, you might have seen that Sectra AB (publ) ( STO:SECT B ) released its second-quarter result to the market...
Analysis Article Sep 08

Sectra AB (publ) Just Recorded A 15% EPS Beat: Here's What Analysts Are Forecasting Next

Sectra AB (publ) ( STO:SECT B ) came out with its first-quarter results last week, and we wanted to see how the...

Recent updates

Narrative Update Apr 24

SECT B: Cloud Contract Momentum Will Test Stretch In Future Return Potential

Narrative Update The analyst price target for Sectra has been reaffirmed at SEK 227.5, as analysts refer to recent upgrades to Hold and Buy with price targets in the SEK 210 to SEK 250 range as support for maintaining this level. Analyst Commentary Recent rating changes cluster around upgrades to Hold and Buy, with price targets in the SEK 210 to SEK 250 range.
Narrative Update Apr 06

SECT B: Cloud Contracts And Rating Upgrades Will Shape Future Return Balance

Analysts have maintained the fair value estimate for Sectra at SEK 227.50. Recent upgrades and new price targets, which range from SEK 210 to SEK 250, support a slightly lower implied discount rate and marginally adjusted long-term growth and P/E assumptions.
Narrative Update Mar 22

SECT B: Cloud Deals And Rating Upgrades Will Shape Balanced Return Profile

Sectra's analyst price target has been revised from SEK 220 to about SEK 228. Analysts have issued refreshed Buy ratings and higher targets in the SEK 210 to SEK 250 range that reflect updated views on growth, profitability and future P/E assumptions.
Narrative Update Mar 08

SECT B: Cloud Contracts And Upgraded Rating Will Shape Balanced Return Outlook

Sectra's analyst fair value has shifted from SEK 245 to SEK 220, with analysts pointing to updated assumptions on discount rates, growth, margins and P/E, alongside a recent SEK 250 Street price target that reflects a more constructive view on the shares. Analyst Commentary Recent research reflects a more constructive stance on Sectra, with the SEK 250 price target sitting slightly above the updated analyst fair value of SEK 220.
Narrative Update Feb 20

SECT B: Expanding Cloud Imaging Footprint Will Drive Future Upside Potential

Analysts have maintained their SEK 245.0 price target for Sectra with only minor adjustments to assumptions, including a slightly higher discount rate and a marginally different future P/E. This reflects a largely steady view of the company’s valuation drivers.
Narrative Update Feb 05

SECT B: Cloud Contracts And Pathology Expansion Will Support Future Upside Potential

Analysts have reaffirmed their price target on Sectra at SEK 245.00, with only marginal tweaks to underlying model inputs such as discount rate, revenue growth, profit margin and future P/E assumptions, supporting an unchanged view of fair value. What's in the News TUM Klinikum in Germany is expanding its Sectra enterprise imaging setup with pathology and ophthalmology modules under a five year contract covering up to 300,000 examinations per year, aimed at higher efficiency and closer collaboration across departments (Client announcement).
Narrative Update Jan 21

SECT B: Cloud Imaging Expansion And Pathology Deals Will Support Balanced Outlook

Analysts have kept their fair value estimate for Sectra steady at SEK 245.0, with only marginal tweaks to assumptions such as the discount rate, long term revenue growth, profit margin and future P/E to reflect updated modelling rather than a change in overall view. What's in the News Sectra and partner Matsunami Glass have begun implementing their first digital pathology project in Japan at Kameda Medical Center, marking Sectra's entry into the Japanese digital pathology market following a contract signed in the second quarter of the 2025/2026 fiscal year (Key Developments).
Analysis Article Jan 12

Investor Optimism Abounds Sectra AB (publ) (STO:SECT B) But Growth Is Lacking

When close to half the companies in Sweden have price-to-earnings ratios (or "P/E's") below 22x, you may consider...
Narrative Update Jan 06

SECT B: Cloud Imaging Contracts Will Support Stable Earnings Multiples And Balanced Outlook

Analysts have maintained their Sectra fair value estimate at SEK245.00, citing essentially unchanged assumptions for the discount rate, revenue growth, profit margin and future P/E, which together support a stable price target view. What's in the News Sectra will provide four NHS trusts in Lancashire and South Cumbria with a single Sectra One Cloud enterprise imaging solution, covering 15 hospitals and supporting care for around 1.8 million people through a unified radiology and breast imaging platform (Client Announcements).
Narrative Update Dec 21

SECT B: Cloud Expansion Will Support Earnings Multiples Amid Balanced Risk

Analysts have raised their price target on Sectra from SEK 207.5 to SEK 245.0, citing slightly stronger long term revenue growth assumptions and a higher expected future earnings multiple, partly offset by a marginally lower profit margin outlook. What's in the News Sectra will provide a unified Sectra One Cloud enterprise imaging solution for four NHS trusts in Lancashire and South Cumbria, consolidating radiology and breast imaging across 15 hospitals to strengthen cybersecurity and collaboration (Client Announcements).
Analysis Article Dec 20

Sectra's (STO:SECT B) Performance Is Even Better Than Its Earnings Suggest

Even though Sectra AB (publ) ( STO:SECT B ) posted strong earnings, investors appeared to be underwhelmed. We have done...
Analysis Article Dec 17

Results: Sectra AB (publ) Beat Earnings Expectations And Analysts Now Have New Forecasts

Last week, you might have seen that Sectra AB (publ) ( STO:SECT B ) released its second-quarter result to the market...
Narrative Update Dec 07

SECT B: Future Earnings Multiples Likely To Compress Despite Cloud Contracts

Analysts have modestly raised their price target on Sectra to SEK 207.50 from SEK 207.50, reflecting slightly higher long term assumptions for the discount rate and future earnings multiples while keeping fair value essentially unchanged. What's in the News Region Halland in Sweden signed a 7 year, SEK 37.5 million contract to add Sectra's digital pathology module, expanding its use of the company’s enterprise imaging platform and enabling AI supported cancer diagnostics (client announcement).
Narrative Update Nov 23

SECT B: Profit Margins And Revenue Will Face Pressure Amid Cloud Transition

Sectra's fair value price target has been revised downward by analysts from SEK 300 to SEK 207.50. This change reflects adjustments in assumptions regarding underlying growth and profitability.
Analysis Article Oct 02

Does Sectra (STO:SECT B) Deserve A Spot On Your Watchlist?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Sep 08

Sectra AB (publ) Just Recorded A 15% EPS Beat: Here's What Analysts Are Forecasting Next

Sectra AB (publ) ( STO:SECT B ) came out with its first-quarter results last week, and we wanted to see how the...
Analysis Article Sep 03

We Discuss Why The CEO Of Sectra AB (publ) (STO:SECT B) Is Due For A Pay Rise

Key Insights Sectra's Annual General Meeting to take place on 9th of September Salary of kr5.24m is part of CEO...
Analysis Article Aug 29

Sectra AB (publ)'s (STO:SECT B) Price Is Out Of Tune With Revenues

Sectra AB (publ)'s ( STO:SECT B ) price-to-sales (or "P/S") ratio of 19.5x may look like a poor investment opportunity...
Analysis Article Jun 28

Here's Why Sectra (STO:SECT B) Has Caught The Eye Of Investors

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
User avatar
New Narrative Dec 15

Imaging IT Subscriptions And Cloud Growth Fuel Profits, Driving Expansion In Healthcare IT

Transition to a recurring revenue model in Imaging IT enhances customer lock-in and long-term revenue stability, boosting profitability.

Earnings and Revenue Growth Forecasts

OM:SECT B - Analysts future estimates and past financials data (SEK Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
4/30/20284,8188928421,0242
4/30/20274,0796826188131
4/30/20263,6415649091,097N/A
1/31/20263,520537669800N/A
10/31/20253,471646853963N/A
7/31/20253,3665869991,097N/A
4/30/20253,314563812922N/A
1/31/20253,295591702834N/A
10/31/20243,137384362486N/A
7/31/20243,170447113368N/A
4/30/20243,03542876326N/A
1/31/20242,866425323575N/A
10/31/20232,748439181425N/A
7/31/20232,515382293406N/A
4/30/20232,406375348440N/A
1/31/20232,321333386473N/A
10/31/20222,211323458542N/A
7/31/20222,069296468543N/A
4/30/20221,993315543617N/A
1/31/20221,872335240316N/A
10/31/20211,795325227300N/A
7/31/20211,788332225297N/A
4/30/20211,680276305372N/A
1/31/20211,661242271340N/A
10/31/20201,725268269337N/A
7/31/20201,672230345410N/A
4/30/20201,703237219296N/A
1/31/20201,673229N/A287N/A
10/31/20191,541190N/A233N/A
7/31/20191,492196N/A209N/A
4/30/20191,451199N/A253N/A
1/31/20191,299186N/A267N/A
10/31/20181,270181N/A233N/A
7/31/20181,267189N/A199N/A
4/30/20181,237185N/A208N/A
1/31/20181,246166N/A181N/A
10/31/20171,237166N/A240N/A
7/31/20171,203151N/A242N/A
4/30/20171,170153N/A235N/A
1/31/20171,149137N/A237N/A
10/31/20161,129131N/A198N/A
7/31/20161,114123N/A197N/A
4/30/20161,107126N/A186N/A
1/31/20161,059117N/A177N/A
10/31/20151,031117N/A88N/A
7/31/20151,007119N/A64N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SECT B's forecast earnings growth (22.5% per year) is above the savings rate (2%).

Earnings vs Market: SECT B's earnings (22.5% per year) are forecast to grow faster than the Swedish market (8.7% per year).

High Growth Earnings: SECT B's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SECT B's revenue (14.1% per year) is forecast to grow faster than the Swedish market (0.05% per year).

High Growth Revenue: SECT B's revenue (14.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SECT B's Return on Equity is forecast to be high in 3 years time (33.1%)


Discover growth companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/05 12:14
End of Day Share Price 2026/06/05 00:00
Earnings2026/04/30
Annual Earnings2026/04/30

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

Sectra AB (publ) is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Bjorn RydellABG Sundal Collier Sponsored
Mikael LöfdahlCarnegie Investment Bank AB