NOTE (NOTE) Stock Overview
Provides electronics manufacturing services in Sweden, Finland, the United Kingdom, Bulgaria, Estonia, China, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 | 
| Future Growth | 3/6 | 
| Past Performance | 4/6 | 
| Financial Health | 5/6 | 
| Dividends | 4/6 | 
NOTE Community Fair Values
See what 9 others think this stock is worth. Follow their fair value or set your own to get alerts.
NOTE AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 189.00 | 
| 52 Week High | SEK 203.20 | 
| 52 Week Low | SEK 123.70 | 
| Beta | 0.65 | 
| 1 Month Change | -4.69% | 
| 3 Month Change | -1.31% | 
| 1 Year Change | 40.63% | 
| 3 Year Change | 16.38% | 
| 5 Year Change | 238.71% | 
| Change since IPO | 173.91% | 
Recent News & Updates
Recent updates
Shareholder Returns
| NOTE | SE Electronic | SE Market | |
|---|---|---|---|
| 7D | 3.3% | 3.9% | 0.6% | 
| 1Y | 40.6% | 12.5% | 4.6% | 
Return vs Industry: NOTE exceeded the Swedish Electronic industry which returned 12.5% over the past year.
Return vs Market: NOTE exceeded the Swedish Market which returned 4.6% over the past year.
Price Volatility
| NOTE volatility | |
|---|---|
| NOTE Average Weekly Movement | 5.3% | 
| Electronic Industry Average Movement | 6.6% | 
| Market Average Movement | 5.5% | 
| 10% most volatile stocks in SE Market | 11.8% | 
| 10% least volatile stocks in SE Market | 2.9% | 
Stable Share Price: NOTE has not had significant price volatility in the past 3 months compared to the Swedish market.
Volatility Over Time: NOTE's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website | 
|---|---|---|---|
| 1990 | 1,450 | Johannes Lind-Widestam | www.note-ems.com | 
NOTE AB (publ), together with its subsidiaries, provides electronics manufacturing services in Sweden, Finland, the United Kingdom, Bulgaria, Estonia, China, and internationally. The company offers production technology services in close collaboration with customers, such as component selection, developing test equipment, prototyping, and serial production. It also produces PCBAs, subassemblies, and box build products.
NOTE AB (publ) Fundamentals Summary
| NOTE fundamental statistics | |
|---|---|
| Market cap | SEK 5.38b | 
| Earnings (TTM) | SEK 268.03m | 
| Revenue (TTM) | SEK 3.84b | 
Is NOTE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NOTE income statement (TTM) | |
|---|---|
| Revenue | SEK 3.84b | 
| Cost of Revenue | SEK 3.31b | 
| Gross Profit | SEK 523.47m | 
| Other Expenses | SEK 255.44m | 
| Earnings | SEK 268.03m | 
Last Reported Earnings
Sep 30, 2025
Next Earnings Date
Jan 26, 2026
| Earnings per share (EPS) | 9.41 | 
| Gross Margin | 13.64% | 
| Net Profit Margin | 6.98% | 
| Debt/Equity Ratio | 31.9% | 
How did NOTE perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) | 
|---|---|
| Company Analysis | 2025/10/31 23:10 | 
| End of Day Share Price | 2025/10/31 00:00 | 
| Earnings | 2025/09/30 | 
| Annual Earnings | 2024/12/31 | 
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.
| Package | Data | Timeframe | Example US Source * | 
|---|---|---|---|
| Company Financials | 10 years | 
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| Analyst Consensus Estimates | +3 years | 
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| Market Prices | 30 years | 
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| Ownership | 10 years | 
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| Management | 10 years | 
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| Key Developments | 10 years | 
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* 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
NOTE AB (publ) is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution | 
|---|---|
| Anders Akerblom | Nordea Markets | 
| Michael Latimore | Northland Capital Markets | 
| Thomas Blikstad | Pareto Securities | 



