SEB Future Growth
Future criteria checks 3/6
SEB is forecast to grow earnings and revenue by 22.3% and 3.1% per annum respectively. EPS is expected to grow by 22.4% per annum. Return on equity is forecast to be 13.1% in 3 years.
Key information
22.3%
Earnings growth rate
22.43%
EPS growth rate
| Consumer Durables earnings growth | 21.0% |
| Revenue growth rate | 3.1% |
| Future return on equity | 13.08% |
| Analyst coverage | Good |
| Last updated | 11 May 2026 |
Recent future growth updates
Recent updates
Narrative Update • May 05
SK: Share Buybacks And New Bullish Coverage Will Support Future Re Rating
SEB's analyst price targets have edged slightly lower, with recent adjustments of around €1 reflecting a mix of new coverage and revised views on growth, profitability and future P/E expectations from the analyst community. Analyst Commentary Recent Street research on SEB highlights a mix of optimism about the company’s potential and caution around valuation and execution, reflected in both new coverage and adjusted price targets in € and SEK.Narrative Update • Apr 18
SK: Share Buybacks Will Support Future Re Rating Despite Mixed Broker Views
Analysts have made a small upward adjustment to SEB's implied value. The updated fair value estimate has moved from about €74.08 to €74.17, reflecting refreshed views on discount rates, margins and future P/E multiples following recent mixed price target changes and new coverage on the stock.Narrative Update • Apr 04
SK: Mixed Rating Revisions And Share Buybacks Will Drive Upside Re Rating
The updated analyst price target for SEB edges down from about €75 to roughly €74, as analysts balance slightly higher revenue growth assumptions with modestly lower profit margin forecasts and a higher future P/E multiple informed by recent mixed target moves on the stock. Analyst Commentary Recent Street research on SEB points to a split view, with some large banks starting coverage with a constructive stance while others trim targets and stay cautious.Narrative Update • Mar 20
SK: Mixed Rating Revisions And Higher Margins Will Drive Upside Re Rating
The analyst price target for SEB has shifted modestly lower to €60 from €63, as analysts factor in updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations, reflected in the latest fair value estimate of about €75. Analyst Commentary Recent Street research on SEB points to a mixed stance, with one price target reduced to €60 and another raised in Swedish kronor, suggesting that analysts are recalibrating their views rather than moving in a single direction.Narrative Update • Mar 06
SK: Mixed Rating Revisions And Lower P/E Assumptions Will Drive Upside Re Rating
Analysts have trimmed their fair value estimate for SEB to about €75 from roughly €77, reflecting updated assumptions on discount rates, revenue growth, profit margins and a lower future P/E multiple in light of recent mixed price target revisions on the stock. Analyst Commentary Recent Street research on SEB reflects a mixed tone, with some analysts leaning more constructive on the stock while others are taking a more cautious stance and trimming their expectations.Narrative Update • Feb 18
SK: Refined Discount Rate And Margin Assumptions Will Support Upside Re Rating
Analysts have increased their price target on SEB by €19, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E as the main factors behind the revision. Analyst Commentary Analysts are using the higher price target as a way to reflect refreshed assumptions around SEB's risk profile, growth outlook and earnings power, rather than a shift driven by any single short term development.Analysis Article • Feb 05
What Does SEB SA's (EPA:SK) Share Price Indicate?
SEB SA ( EPA:SK ), might not be a large cap stock, but it saw significant share price movement during recent months on...Narrative Update • Feb 03
SK: Calibrated Discount Rate And P/E Framework Will Support Upside Re Rating
Analysts have lowered their price target on SEB to SEK 167 from SEK 180, citing updated assumptions around discount rates, revenue growth, profit margins, and future P/E that feed into their valuation models. Analyst Commentary Recent commentary from JPMorgan and other observers around SEB centers on how revised assumptions on discount rates, revenue growth, profit margins, and future P/E feed through to valuation.Narrative Update • Jan 20
SK: Higher Discount Rate And P/E Assumptions Will Support Future Re Rating Potential
Analysts have trimmed their price target on SEB, with one recent update lowering it to SEK 167 from SEK 180. This reflects slightly adjusted assumptions on discount rate, fair value and future P/E, while maintaining a cautious stance on the shares.Narrative Update • Jan 06
SK: Steady Earnings And Cash Returns Will Support Re Rating Potential
Analysts have trimmed their price target on SEB to SEK 167 from SEK 180, reflecting updated views that keep the stock rated Underweight. Analyst Commentary Recent research updates on SEB focus on how the current share price lines up with revised expectations, with the price target moved to SEK 167 and the rating kept at Underweight.Analysis Article • Dec 31
SEB SA (EPA:SK) Not Flying Under The Radar
When close to half the companies in France have price-to-earnings ratios (or "P/E's") below 16x, you may consider SEB...Narrative Update • Dec 22
SK: Steady Earnings And Cash Returns Will Support Future Share Momentum
Analysts have modestly lowered their price target for SEB to SEK 167 from SEK 180, citing a slightly higher discount rate while leaving fair value and core operating assumptions largely unchanged. Analyst Commentary Recent commentary from JPMorgan and other market observers underscores a broadly cautious stance on SEB, with the lower price target reflecting incremental changes in risk perception rather than a shift in the fundamental outlook.Narrative Update • Dec 08
SK: Stable Earnings Profile Will Support Future Share Momentum
Analysts have modestly reduced their price target on SEB, trimming it by SEK 13 to SEK 167, citing slightly lower long term return assumptions. These are reflected in a marginally reduced discount rate and future P/E multiple.Analysis Article • Nov 26
The Returns At SEB (EPA:SK) Aren't Growing
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...Narrative Update • Nov 24
SK: Margin Management And Cautious Outlook Will Support Upcoming Share Momentum
Narrative Update on SEB Analysts have lowered their price target for SEB, reducing it from SEK 180 to SEK 167. This change is attributed to a slightly reduced fair value estimate and a continued cautious outlook on growth and margins.Narrative Update • Nov 06
SK: Organic Sales Stabilisation And Margin Optimism Will Drive Share Rebound
Analysts have lowered their price target for SEB from $81.10 to $77.20. They cited slight adjustments to growth forecasts and margin expectations.Narrative Update • Oct 22
Analysts Lower SEB Valuation After Weaker Guidance and Softer Growth Outlook
Analysts have lowered SEB's fair value estimate by $4.00 to $81.10. They cite slightly softer revenue growth, a modest decrease in forecast profit margin, and an uptick in the discount rate.Narrative Update • Oct 08
New Product Launches And APAC Expansion Will Unlock Future Value
Analysts have lowered their price target for SEB from €101.60 to €85.10, citing more severe-than-expected impacts from U.S. tariffs and revised assumptions for growth and profitability. Analyst Commentary Recent analyst revisions reflect a more cautious outlook for SEB, following increased exposure to U.S. tariffs and consequent impacts on the company's growth trajectory and profitability.Analysis Article • Sep 25
Earnings Tell The Story For SEB SA (EPA:SK)
SEB SA's ( EPA:SK ) price-to-earnings (or "P/E") ratio of 26.3x might make it look like a strong sell right now...Analysis Article • Aug 18
Does SEB (EPA:SK) Have A Healthy Balance Sheet?
ENXTPA:SK 1 Year Share Price vs Fair Value Explore SEB's Fair Values from the Community and select yours Legendary fund...Analysis Article • Aug 02
Earnings Release: Here's Why Analysts Cut Their SEB SA (EPA:SK) Price Target To €102
Last week, you might have seen that SEB SA ( EPA:SK ) released its interim result to the market. The early response was...Analysis Article • Jun 26
SEB SA's (EPA:SK) Share Price Matching Investor Opinion
With a price-to-earnings (or "P/E") ratio of 18.9x SEB SA ( EPA:SK ) may be sending bearish signals at the moment...Analysis Article • May 30
SEB (EPA:SK) Hasn't Managed To Accelerate Its Returns
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • May 15
SEB's (EPA:SK) Upcoming Dividend Will Be Larger Than Last Year's
SEB SA's ( EPA:SK ) dividend will be increasing from last year's payment of the same period to €2.80 on 5th of June...Analysis Article • May 14
It Looks Like SEB SA's (EPA:SK) CEO May Expect Their Salary To Be Put Under The Microscope
Key Insights SEB will host its Annual General Meeting on 20th of May Salary of €900.0k is part of CEO Stanislas de...Analysis Article • May 09
SEB (EPA:SK) Has A Pretty Healthy Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Apr 25
An Intrinsic Calculation For SEB SA (EPA:SK) Suggests It's 41% Undervalued
Key Insights SEB's estimated fair value is €138 based on 2 Stage Free Cash Flow to Equity Current share price of €80.95...Analysis Article • Apr 12
Investors Can Find Comfort In SEB's (EPA:SK) Earnings Quality
SEB SA's ( EPA:SK ) earnings announcement last week didn't impress shareholders. Despite the soft profit numbers, our...Analysis Article • Mar 17
Should You Investigate SEB SA (EPA:SK) At €90.10?
SEB SA ( EPA:SK ), might not be a large cap stock, but it saw significant share price movement during recent months on...Analysis Article • Mar 03
SEB (EPA:SK) Is Paying Out A Larger Dividend Than Last Year
SEB SA ( EPA:SK ) has announced that it will be increasing its periodic dividend on the 5th of June to €2.80, which...Analysis Article • Mar 01
SEB SA's (EPA:SK) Popularity With Investors Is Clear
With a price-to-earnings (or "P/E") ratio of 20x SEB SA ( EPA:SK ) may be sending bearish signals at the moment, given...Analysis Article • Jan 23
Investors Met With Slowing Returns on Capital At SEB (EPA:SK)
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
New Narrative • Dec 10
Innovation In Oil-Less Fryers, Vacuum Cleaners, And Coffee Machines Will Drive Revenue Growth And Margins
Accelerated growth in the consumer segment, driven by innovation, is boosting revenue and margins, especially in Europe and North America.Analysis Article • Dec 09
Is SEB SA (EPA:SK) Trading At A 48% Discount?
Key Insights Using the 2 Stage Free Cash Flow to Equity, SEB fair value estimate is €174 Current share price of €91.10...Analysis Article • Nov 26
Should You Think About Buying SEB SA (EPA:SK) Now?
SEB SA ( EPA:SK ), is not the largest company out there, but it saw significant share price movement during recent...Analysis Article • Oct 28
These 4 Measures Indicate That SEB (EPA:SK) Is Using Debt Reasonably Well
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Sep 28
SEB SA's (EPA:SK) Share Price Not Quite Adding Up
It's not a stretch to say that SEB SA's ( EPA:SK ) price-to-earnings (or "P/E") ratio of 13.9x right now seems quite...Analysis Article • Sep 14
Return Trends At SEB (EPA:SK) Aren't Appealing
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...Analysis Article • Aug 16
Is Now The Time To Look At Buying SEB SA (EPA:SK)?
SEB SA ( EPA:SK ), is not the largest company out there, but it saw significant share price movement during recent...Analysis Article • Jul 28
SEB SA (EPA:SK) Just Reported Half-Yearly Earnings: Have Analysts Changed Their Mind On The Stock?
SEB SA ( EPA:SK ) shareholders are probably feeling a little disappointed, since its shares fell 6.9% to €94.45 in the...Analysis Article • Jul 12
A Look At The Fair Value Of SEB SA (EPA:SK)
Key Insights The projected fair value for SEB is €92.68 based on 2 Stage Free Cash Flow to Equity Current share price...Analysis Article • Jun 26
Fewer Investors Than Expected Jumping On SEB SA (EPA:SK)
With a median price-to-earnings (or "P/E") ratio of close to 16x in France, you could be forgiven for feeling...Analysis Article • Jun 11
Returns On Capital At SEB (EPA:SK) Have Hit The Brakes
There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Analysis Article • May 24
SEB (EPA:SK) Has Announced That It Will Be Increasing Its Dividend To €2.62
SEB SA ( EPA:SK ) has announced that it will be increasing its dividend from last year's comparable payment on the 5th...Analysis Article • Apr 27
SEB (EPA:SK) Has Announced That It Will Be Increasing Its Dividend To €2.62
The board of SEB SA ( EPA:SK ) has announced that it will be paying its dividend of €2.62 on the 5th of June, an...Analysis Article • Apr 25
Here's Why SEB (EPA:SK) Can Manage Its Debt Responsibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Apr 12
SEB (EPA:SK) Has Announced That It Will Be Increasing Its Dividend To €2.62
The board of SEB SA ( EPA:SK ) has announced that it will be paying its dividend of €2.62 on the 5th of June, an...Analysis Article • Mar 18
SEB (EPA:SK) Is Increasing Its Dividend To €2.62
The board of SEB SA ( EPA:SK ) has announced that it will be paying its dividend of €2.62 on the 5th of June, an...Analysis Article • Mar 09
SEB (EPA:SK) Has Some Way To Go To Become A Multi-Bagger
If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 8,970 | 461 | 457 | 716 | 7 |
| 12/31/2027 | 8,632 | 399 | 375 | 689 | 12 |
| 12/31/2026 | 8,290 | 206 | 412 | 604 | 11 |
| 12/31/2025 | 8,169 | 245 | -17 | 204 | N/A |
| 9/30/2025 | 8,221 | 189 | 69 | 301 | N/A |
| 6/30/2025 | 8,274 | 133 | 156 | 397 | N/A |
| 3/31/2025 | 8,270 | 182 | 236 | 465 | N/A |
| 12/31/2024 | 8,266 | 232 | 316 | 533 | N/A |
| 9/30/2024 | 8,200 | 321 | 406 | 602 | N/A |
| 6/30/2024 | 8,134 | 410 | 496 | 671 | N/A |
| 3/31/2024 | 8,070 | 398 | 671 | 846 | N/A |
| 12/31/2023 | 8,006 | 386 | 845 | 1,021 | N/A |
| 9/30/2023 | 7,956 | 353 | 824 | 1,011 | N/A |
| 6/30/2023 | 7,906 | 321 | 803 | 1,001 | N/A |
| 3/31/2023 | 7,933 | 318 | 423 | 639 | N/A |
| 12/31/2022 | 7,960 | 316 | 43 | 276 | N/A |
| 9/30/2022 | 8,037 | 346 | -96 | 148 | N/A |
| 6/30/2022 | 8,115 | 375 | -236 | 21 | N/A |
| 3/31/2022 | 8,087 | 414 | 62 | 297 | N/A |
| 12/31/2021 | 8,059 | 454 | 361 | 573 | N/A |
| 9/30/2021 | 7,847 | 451 | 522 | 714 | N/A |
| 6/30/2021 | 7,635 | 448 | 683 | 854 | N/A |
| 3/31/2021 | 7,288 | 374 | 732 | 908 | N/A |
| 12/31/2020 | 6,940 | 301 | 780 | 963 | N/A |
| 9/30/2020 | 6,936 | 291 | 668 | 881 | N/A |
| 6/30/2020 | 6,932 | 282 | 557 | 799 | N/A |
| 3/31/2020 | 7,143 | 331 | 486 | 741 | N/A |
| 12/31/2019 | 7,354 | 380 | 416 | 682 | N/A |
| 9/30/2019 | 7,239 | 404 | N/A | 652 | N/A |
| 6/30/2019 | 7,124 | 428 | N/A | 622 | N/A |
| 3/31/2019 | 6,968 | 423 | N/A | 673 | N/A |
| 12/31/2018 | 6,812 | 419 | N/A | 724 | N/A |
| 9/30/2018 | 6,690 | 401 | N/A | 571 | N/A |
| 6/30/2018 | 6,568 | 383 | N/A | 419 | N/A |
| 3/31/2018 | 6,527 | 379 | N/A | 438 | N/A |
| 12/31/2017 | 6,485 | 375 | N/A | 457 | N/A |
| 9/30/2017 | 6,131 | 327 | N/A | 492 | N/A |
| 6/30/2017 | 5,777 | 280 | N/A | 528 | N/A |
| 3/31/2017 | 5,388 | 269 | N/A | 552 | N/A |
| 12/31/2016 | 5,000 | 259 | N/A | 576 | N/A |
| 9/30/2016 | 4,910 | 236 | N/A | 518 | N/A |
| 6/30/2016 | 4,820 | 214 | N/A | 460 | N/A |
| 3/31/2016 | 4,795 | 210 | N/A | 418 | N/A |
| 12/31/2015 | 4,770 | 206 | N/A | 376 | N/A |
| 9/30/2015 | 4,655 | 204 | N/A | 317 | N/A |
| 6/30/2015 | 4,540 | 201 | N/A | 258 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SK's forecast earnings growth (22.3% per year) is above the savings rate (2.5%).
Earnings vs Market: SK's earnings (22.3% per year) are forecast to grow faster than the French market (12.3% per year).
High Growth Earnings: SK's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SK's revenue (3.1% per year) is forecast to grow slower than the French market (5.6% per year).
High Growth Revenue: SK's revenue (3.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SK's Return on Equity is forecast to be low in 3 years time (13.1%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/12 02:30 |
| End of Day Share Price | 2026/05/12 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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
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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
SEB SA is covered by 22 analysts. 12 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 |
|---|---|
| Gerhard Orgonas | Berenberg |
| Fraser Donlon | Berenberg |
| Marie-Line Fort | Bernstein |