Lindab International AB (publ)

OM:LIAB Stock Report

Market Cap: SEK 16.7b

Lindab International Valuation

Is LIAB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of LIAB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
SEK 370.61
Fair Value
41.6% undervalued intrinsic discount
3
Number of Analysts

Below Fair Value: LIAB (SEK216.6) is trading below our estimate of fair value (SEK370.61)

Significantly Below Fair Value: LIAB is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for LIAB?

Key metric: As LIAB is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for LIAB. This is calculated by dividing LIAB's market cap by their current earnings.
What is LIAB's PE Ratio?
PE Ratio48.6x
EarningsSEK 343.00m
Market CapSEK 16.69b

Price to Earnings Ratio vs Peers

How does LIAB's PE Ratio compare to its peers?

The above table shows the PE ratio for LIAB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.6x
SYSR Systemair
24.4x14.26%SEK 18.5b
INWI Inwido
22.3x14.19%SEK 12.4b
MTRS Munters Group
26.4x22.44%SEK 24.8b
NMAN Nederman Holding
21.4xn/aSEK 6.7b
LIAB Lindab International
48.6x37.64%SEK 16.7b

Price-To-Earnings vs Peers: LIAB is expensive based on its Price-To-Earnings Ratio (48.6x) compared to the peer average (23.6x).


Price to Earnings Ratio vs Industry

How does LIAB's PE Ratio compare vs other companies in the European Building Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
LIAB 48.6xIndustry Avg. 21.8xNo. of Companies11PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LIAB is expensive based on its Price-To-Earnings Ratio (48.6x) compared to the European Building industry average (21.8x).


Price to Earnings Ratio vs Fair Ratio

What is LIAB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LIAB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio48.6x
Fair PE Ratio41.4x

Price-To-Earnings vs Fair Ratio: LIAB is expensive based on its Price-To-Earnings Ratio (48.6x) compared to the estimated Fair Price-To-Earnings Ratio (41.4x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst LIAB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 216.60
SEK 228.67
+5.57%
12.73%SEK 266.00SEK 195.00n/a3
May ’26SEK 203.60
SEK 227.33
+11.66%
13.49%SEK 266.00SEK 191.00n/a3
Apr ’26SEK 197.50
SEK 238.67
+20.84%
13.45%SEK 283.00SEK 208.00n/a3
Mar ’26SEK 198.00
SEK 238.67
+20.54%
13.45%SEK 283.00SEK 208.00n/a3
Feb ’26SEK 198.30
SEK 258.67
+30.44%
4.78%SEK 276.00SEK 248.00n/a3
Jan ’26SEK 229.20
SEK 263.67
+15.04%
7.36%SEK 291.00SEK 248.00n/a3
Dec ’25SEK 227.60
SEK 263.67
+15.85%
7.36%SEK 291.00SEK 248.00n/a3
Nov ’25SEK 222.60
SEK 261.00
+17.25%
8.34%SEK 291.00SEK 240.00n/a3
Oct ’25SEK 280.60
SEK 276.67
-1.40%
9.49%SEK 300.00SEK 240.00n/a3
Sep ’25SEK 267.00
SEK 276.67
+3.62%
9.49%SEK 300.00SEK 240.00n/a3
Aug ’25SEK 257.60
SEK 266.33
+3.39%
15.30%SEK 300.00SEK 209.00n/a3
Jul ’25SEK 227.80
SEK 246.67
+8.28%
10.90%SEK 270.00SEK 209.00n/a3
Jun ’25SEK 239.80
SEK 237.67
-0.89%
10.31%SEK 264.00SEK 205.00n/a3
May ’25SEK 223.20
SEK 241.67
+8.27%
11.25%SEK 270.00SEK 205.00SEK 203.603
Apr ’25SEK 230.00
SEK 231.67
+0.72%
8.33%SEK 250.00SEK 205.00SEK 197.503
Mar ’25SEK 219.20
SEK 231.67
+5.69%
8.33%SEK 250.00SEK 205.00SEK 198.003
Feb ’25SEK 200.40
SEK 228.67
+14.11%
8.07%SEK 250.00SEK 205.00SEK 198.303
Jan ’25SEK 199.10
SEK 228.67
+14.85%
10.53%SEK 250.00SEK 195.00SEK 229.203
Dec ’24SEK 192.70
SEK 228.67
+18.66%
10.53%SEK 250.00SEK 195.00SEK 227.603
Nov ’24SEK 173.00
SEK 228.67
+32.18%
10.53%SEK 250.00SEK 195.00SEK 222.603
Oct ’24SEK 160.00
SEK 223.00
+39.38%
8.89%SEK 238.00SEK 195.00SEK 280.603
Sep ’24SEK 161.40
SEK 223.00
+38.17%
8.89%SEK 238.00SEK 195.00SEK 267.003
Aug ’24SEK 163.70
SEK 222.67
+36.02%
8.80%SEK 238.00SEK 195.00SEK 257.603
Jul ’24SEK 153.40
SEK 220.33
+43.63%
7.57%SEK 235.00SEK 197.00SEK 227.803
Jun ’24SEK 169.00
SEK 220.33
+30.37%
7.57%SEK 235.00SEK 197.00SEK 239.803
May ’24SEK 163.90
SEK 197.67
+20.60%
11.71%SEK 216.00SEK 165.00SEK 223.203
AnalystConsensusTarget
Consensus Narrative from 3 Analysts
SEK 228.67
Fair Value
5.3% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/18 03:51
End of Day Share Price 2025/05/16 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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

Lindab International 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
Anders IdborgABG Sundal Collier
Kenneth Toll JohanssonCarnegie Investment Bank AB
Max FrydenDanske Bank