OM:MCAP
OM:MCAPLife Sciences

MedCap (OM:MCAP) Margin Decline Raises Questions Despite Strong Revenue Growth Forecasts

MedCap (OM:MCAP) delivered revenue growth forecasts of 13.2% per year, putting the broader Swedish market’s 3.8% annual pace in the shade. While the company’s net profit margin sits at 10% compared to last year’s 12.7%, the last five years saw average annual earnings growth of 25.9%, though the most recent year recorded a negative figure. For investors, robust long-term earnings growth, an ongoing top-line trajectory, and a share price that trades below intrinsic value estimates will likely...
OM:BONAV B
OM:BONAV BConsumer Durables

Bonava (OM:BONAV B): Losses Worsen, Challenging Turnaround Hopes Despite Bullish Revenue Forecasts

Bonava (OM:BONAV B) remains unprofitable, with net losses intensifying at a 53.9% annual rate over the last five years and no improvement to the net profit margin. Looking ahead, forecasts point to a sharp reversal. Earnings are expected to grow 128.12% per year on average, with profitability anticipated within three years and annual revenue growth of 14.9% outpacing the Swedish market’s 3.8%. Investors are likely considering these projections alongside Bonava’s competitive Price-To-Sales...
OM:BESQAB
OM:BESQABConsumer Durables

Besqab (OM:BESQAB): Surge in Premium Valuation Tests Optimism on Forecast 84% Annual Earnings Growth

Besqab (OM:BESQAB) remains unprofitable, with no improvement in net profit margins over the past year. However, analysts are projecting explosive earnings growth of 84.03% annually and expect the company to reach profitability within the next three years. This far exceeds the market average. Revenue is forecast to grow at a rapid 38.4% per year, outpacing sector peers. Losses have decreased by an average of 17.8% annually over the past five years. The market’s attention is on the balance...
OM:PRISMA
OM:PRISMAReal Estate

Prisma Properties (OM:PRISMA) One-Off Gain Prompts Rethink on Recent Profit Quality

Prisma Properties (OM:PRISMA) saw its revenue forecast to climb 15.8% per year, while earnings are expected to grow 18.7% annually. This is well ahead of the Swedish market’s 3.8% revenue growth outlook. Over the past five years, Prisma’s earnings rose at a rate of 7.5% per year, and in the last 12 months up to September 30, 2025, the company posted a notable one-off gain of SEK180.0 million that could influence reported EPS quality. Investors are eyeing the company’s strong growth profile,...
OM:BMAX
OM:BMAXSpecialty Retail

Byggmax (OM:BMAX) Profit Margin Jumps to 2.9%, Reinforcing Positive Investor Narratives

Byggmax Group (OM:BMAX) has delivered a dramatic earnings turnaround, with net profit margins rising to 2.9% from last year's 0.6%. The company's earnings soared 420.6% in the most recent year after five years of average declines at 43.5% per year. Investors now see Byggmax trading below estimated fair value and benefiting from a much stronger earnings outlook, which sets a positive tone for upcoming quarters. See our full analysis for Byggmax Group. We’re taking these fresh results and...
OM:MTRS
OM:MTRSBuilding

Why Munters Group (OM:MTRS) Landed a $30 Million US Deal Amid Restructuring Efforts

In October 2025, Munters Group announced a US$30 million order from a US battery cell producer for its AirTech dehumidification solutions, while also reporting strong quarterly order intake and restructuring initiatives impacting approximately 200 positions worldwide. This combination of a major US client win and ongoing operational changes reflects Munters' focus on expanding key technology markets and driving efficiency across its global operations. We'll explore how the major US order in...
OM:VOLO
OM:VOLOIndustrials

Volati (OM:VOLO) Earnings Surge 27.9%—Profit Growth Challenges Bearish Narratives

Volati (OM:VOLO) is forecast to deliver substantial earnings growth of 32.08% per year, with earnings expected to outpace the Swedish market's 12.6% annual rate over the next three years. Revenue is projected to grow at 5.5% annually, ahead of the Swedish market's 3.8%. The net profit margin has climbed to 3.1% compared to last year’s 2.6%. The stock is currently trading at SEK108, below its estimated fair value of SEK285.42. With recent earnings growth of 27.9% over the past year reversing a...
OM:HUMBLE
OM:HUMBLEPersonal Products

Humble Group (OM:HUMBLE) Margin Miss Raises Questions on Quality of Earnings Expansion

Humble Group (OM:HUMBLE) reported a net profit margin of 0.5%, slipping from 0.9% a year ago, even as its earnings have surged at a brisk 45% annual growth rate over the past five years. The company booked a notable one-off gain of SEK18.0 million in the last twelve months, and now sees forecast annual earnings growth accelerating to 83.1%, with revenue expected to grow 5.8% per year. This is well ahead of the 3.8% pace expected for Sweden’s broader market. Despite these bullish forecasts,...
OM:SIVE
OM:SIVESemiconductor

Sivers Semiconductors (OM:SIVE) Revenue Set to Grow 21% Annually, Losses Narrowing—Earnings Preview

Sivers Semiconductors (OM:SIVE) remains unprofitable, but its revenue is projected to grow at an impressive 21% per year. This pace is well ahead of the Swedish market's 3.8% rate. Over the past five years, the company's losses have narrowed at a rate of 8.1% per year, though forecasts suggest it will remain in the red for at least the next three years. Investors are likely to focus on ongoing revenue growth and shrinking losses as they weigh the prospects for eventual profitability in light...
OM:BETS B
OM:BETS BHospitality

Betsson (OM:BETS B): Assessing Valuation Following Strong Q3 Sales and Earnings Growth

Betsson (OM:BETS B) reported its third quarter earnings, showing higher sales and net income than the previous year. These results have put the company in focus for investors following its latest financial update. See our latest analysis for Betsson. Betsson’s third quarter results come on the back of a year where momentum has held up remarkably well, with the share price climbing to SEK 152.7 and a total shareholder return of nearly 16% over the last twelve months. Notably, the company’s...
OM:VOLV B
OM:VOLV BMachinery

Assessing Volvo (OM:VOLV B) Valuation After Earnings Dip and New Cespira Trucking Tech Agreement

AB Volvo (OM:VOLV B) just posted its third quarter earnings, revealing a drop in both sales and net income compared to last year. Alongside the earnings, the company’s joint venture Cespira secured a new client agreement for its HPDI components in upcoming truck trials. See our latest analysis for AB Volvo. This latest earnings update and the Cespira client agreement come after a year marked by modest overall gains for AB Volvo shareholders, with a 1-year total return of just 0.33%. While the...
OM:CS
OM:CSCapital Markets

CoinShares (OM:CS): Assessing Valuation Following a 230% 12-Month Share Price Surge

CoinShares International (OM:CS) has delivered some eye-catching returns lately, with the stock climbing over 8% this year and surging more than 230% in the past twelve months. Investors are now weighing what is driving this momentum. See our latest analysis for CoinShares International. Momentum for CoinShares is clearly building. The stock’s share price return has accelerated in recent weeks, and the 12-month total shareholder return has reached over 230 percent. Investors seem increasingly...
OM:PEAB B
OM:PEAB BConstruction

One-Off Gain of SEK 431 Million Drives Peab (OM:PEAB B) Earnings, Raising Sustainability Questions

PEAB B (OM:PEAB B) is forecasting earnings growth of 22.78% per year and revenue growth of 4.9% per year, both ahead of the Swedish market averages of 12.6% and 3.9% respectively. Improved profit margins, up to 2.6% from 2.3% last year, accompany a positive shift in the company’s earnings trajectory, with annual growth of 13% replacing a prior five-year decline of 11.2% per year. The current share price of SEK 77.15 trades at a discount to the estimated fair value of SEK 144.71. However, the...
OM:YUBICO
OM:YUBICOSoftware

Yubico (OM:YUBICO) Valuation in Focus After Dashlane Partnership Sparks Passwordless Security Innovation

Yubico (OM:YUBICO) is drawing fresh attention after teaming up with Dashlane to roll out hardware-backed, passwordless authentication. The new integration uses YubiKey to provide truly passwordless, phishing-resistant logins for Dashlane users. See our latest analysis for Yubico. Despite Yubico’s headline-making partnership with Dashlane, investor sentiment has soured, with the stock experiencing a sharp drop. Its 1-day share price return stands at -26.40%, contributing to a year-to-date...
OM:HOFI
OM:HOFIConsumer Finance

Hoist Finance (OM:HOFI): 15% Earnings Growth Outlook Reinforces Undervalued Narrative This Earnings Season

Hoist Finance (OM:HOFI) delivered earnings that are forecast to grow at 15% per year, outpacing the Swedish market's 12.6% growth expectation. Revenue is projected to rise by 11.8% per year, handily beating the broader market's 3.9% average, and profit margins remain stable at 20.2%. Investors are watching as continued profit and revenue growth, alongside attractive valuation, set the stage for the company’s outlook this earnings season. See our full analysis for Hoist Finance. Next, we will...
OM:EXS
OM:EXSIT

Exsitec Holding (OM:EXS): Net Profit Margin Falls to 7%, Challenging Bullish Consensus Narratives

Exsitec Holding (OM:EXS) reported forecasted revenue growth of 7.6% per year, outpacing the Swedish market average of 3.9%. EPS growth is even more striking, with projections at 19.87% per year versus the local market’s 12.6%. However, recent net profit margins narrowed to 7% from last year’s 10.2%. Shares are trading at SEK160, which is below the estimated fair value of SEK234.59, despite carrying a higher Price-to-Earnings Ratio (35.9x) than both sector and peer averages. In the longer...
OM:SAAB B
OM:SAAB BAerospace & Defense

Saab (OM:SAAB B) Earnings Margin Tops 7.4%, Reinforcing Bullish Growth Narratives

Saab (OM:SAAB B) posted earnings margins of 7.4%, an increase from 6.4% last year, and reported robust 42.6% growth in earnings over the past year, well ahead of its five-year average of 30.7% per year. Looking ahead, the company expects annual earnings growth of 17.8% and revenue growth of 14.3%, both outpacing the broader Swedish market’s projected rates. Investors are watching these improved profit margins and sustained earnings momentum as positive indicators, while staying mindful of...
OM:BILL
OM:BILLPackaging

Billerud (OM:BILL) Margin Rebound Driven by SEK544M One-Off Gain Spurs Quality Debate

Billerud (OM:BILL) posted net profit margins of 2.8%, up from last year's 1.5%, with earnings growth of 98.5% over the past twelve months. This marks a sharp turnaround from a five-year annual decline of 0.6%. While revenue is projected to inch up 1% per year, which trails the Swedish market's expected 3.9%, the company forecasts a robust 40.6% annual rise in earnings, outpacing the market’s 12.6% rate. Investors will be focused on whether this accelerating profitability can sustain the...
OM:INSTAL
OM:INSTALConstruction

Instalco (OM:INSTAL) Margin Compression Challenges Bullish Growth Narratives Despite Robust Earnings Forecast

Instalco (OM:INSTAL) is forecasting earnings growth of 27.91% per year, outpacing the Swedish market, with revenue set to expand by 6.4% annually. Despite these strong growth projections, the company’s net profit margins have slipped to 2% from last year’s 3.9%, and earnings have declined by 4.3% per year over the past five years. Shares are currently trading at SEK24.82, notably below the estimated fair value of SEK70.33. Instalco also commands a higher Price-to-Earnings ratio than its...
OM:ORX
OM:ORXPharmaceuticals

Orexo (OM:ORX) Heads Into Earnings With Ongoing Losses and Sector-Low 1.8x Price-To-Sales Ratio

Orexo (OM:ORX) remains unprofitable, with losses increasing at an average rate of 3.7% per year over the past five years. Revenue is forecast to grow by 2.5% annually, trailing behind the broader Swedish market’s 3.9% average growth. While the company’s slower growth and ongoing losses present real challenges for investors, the current Price-To-Sales Ratio of 1.8x stands out as a notable value play within the European pharmaceuticals sector. See our full analysis for Orexo. Next up, we’ll see...
OM:BUFAB
OM:BUFABTrade Distributors

Bufab (OM:BUFAB) Margin Gains Reinforce Bullish Narrative Despite Premium Valuation

Bufab (OM:BUFAB) posted a standout year, growing earnings by 27.9% annually, well ahead of its five-year average of 10.5%. Net profit margins reached 7.4%, up from 5.6% last year. Revenue is now projected to rise 7% per year, outpacing the Swedish market’s 3.9% annual forecast. With EPS growth set to beat sector averages and high-quality earnings recognized, investor focus is turning to Bufab’s accelerating profit growth and widening margins as key strengths. See our full analysis for...