Saab AB (publ)

BATS-CHIXE:SAABBS Stock Report

Market Cap: SEK 158.9b

Saab Valuation

Is SAABBS 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 SAABBS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
SEK 633.16
Fair Value
53.6% undervalued intrinsic discount
7
Number of Analysts

Below Fair Value: SAABBS (SEK293.93) is trading below our estimate of fair value (SEK633.16)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SAABBS. This is calculated by dividing SAABBS's market cap by their current earnings.
What is SAABBS's PE Ratio?
PE Ratio38.1x
EarningsSEK 4.17b
Market CapSEK 158.90b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SAABBS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.4x
BA. BAE Systems
19.1x8.2%UK£37.4b
RR. Rolls-Royce Holdings
22.2x2.7%UK£51.7b
BAB Babcock International Group
16.7x14.3%UK£3.2b
QQ. QinetiQ Group
15.4x18.5%UK£2.1b
SAABBS Saab
38.1x17.9%SEK 158.9b

Price-To-Earnings vs Peers: SAABBS is expensive based on its Price-To-Earnings Ratio (38.1x) compared to the peer average (18.4x).

Price to Earnings Ratio vs Industry

How does SAABBS's PE Ratio compare vs other companies in the European Aerospace & Defense Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies8PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SAABBS is expensive based on its Price-To-Earnings Ratio (38.1x) compared to the European Aerospace & Defense industry average (24.5x).

Price to Earnings Ratio vs Fair Ratio

What is SAABBS'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.

SAABBS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio38.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SAABBS's Price-To-Earnings Fair Ratio for valuation analysis.

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 SAABBS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 293.93
SEK 266.29
-9.4%
6.3%SEK 294.00SEK 250.00n/a7
Feb ’26SEK 233.40
SEK 264.50
+13.3%
8.4%SEK 294.00SEK 225.00n/a7
Jan ’26n/a
SEK 264.50
0%
8.4%SEK 294.00SEK 225.00n/a7
Dec ’25SEK 238.05
SEK 264.50
+11.1%
8.4%SEK 294.00SEK 225.00n/a7
Nov ’25SEK 222.28
SEK 263.36
+18.5%
8.7%SEK 294.00SEK 225.00n/a7
Oct ’25SEK 224.60
SEK 263.07
+17.1%
8.6%SEK 294.00SEK 225.00n/a7
Sep ’25SEK 242.23
SEK 266.64
+10.1%
7.7%SEK 294.00SEK 225.00n/a7
Aug ’25SEK 247.20
SEK 264.21
+6.9%
7.7%SEK 294.00SEK 225.00n/a7
Jul ’25SEK 242.18
SEK 263.50
+8.8%
7.5%SEK 294.00SEK 225.00n/a7
Jun ’25SEK 233.30
SEK 250.42
+7.3%
11.2%SEK 275.00SEK 200.00n/a6
May ’25n/a
SEK 250.42
0%
11.2%SEK 275.00SEK 200.00n/a6
Apr ’25n/a
SEK 214.65
0%
5.2%SEK 230.00SEK 200.00n/a5
Mar ’25SEK 201.48
SEK 208.40
+3.4%
4.5%SEK 225.00SEK 198.75n/a5
Feb ’25SEK 168.85
SEK 171.13
+1.3%
4.8%SEK 183.75SEK 160.75SEK 233.404
Jan ’25SEK 151.45
SEK 171.13
+13.0%
4.8%SEK 183.75SEK 160.75n/a4
Dec ’24SEK 134.80
SEK 168.94
+25.3%
5.4%SEK 183.75SEK 160.75SEK 238.054
Nov ’24n/a
SEK 167.38
0%
6.8%SEK 183.75SEK 153.75SEK 222.284
Oct ’24n/a
SEK 166.75
0%
7.3%SEK 183.75SEK 151.25SEK 224.604
Sep ’24n/a
SEK 166.75
0%
7.3%SEK 183.75SEK 151.25SEK 242.234
Aug ’24SEK 138.45
SEK 166.75
+20.4%
7.3%SEK 183.75SEK 151.25SEK 247.204
Jul ’24SEK 145.90
SEK 172.69
+18.4%
4.8%SEK 183.75SEK 160.75SEK 242.184
Jun ’24SEK 148.05
SEK 172.69
+16.6%
4.8%SEK 183.75SEK 160.75SEK 233.304
May ’24SEK 144.25
SEK 163.63
+13.4%
11.3%SEK 183.75SEK 135.00n/a4
Apr ’24SEK 157.50
SEK 154.38
-2.0%
10.7%SEK 178.00SEK 135.00n/a4
Mar ’24SEK 147.85
SEK 132.06
-10.7%
8.1%SEK 143.75SEK 114.50SEK 201.484
Feb ’24SEK 106.66
SEK 118.94
+11.5%
5.7%SEK 130.00SEK 112.50SEK 168.854
Analyst Price Target
Consensus Narrative from 7 Analysts
SEK 263.66
Fair Value
11.5% overvalued intrinsic discount
7
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/23 06:34
End of Day Share Price 2025/02/19 00:00
Earnings2024/12/31
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

Saab AB (publ) is covered by 13 analysts. 7 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
Carlos Iranzo PerisBofA Global Research
Mikael LaséenCarnegie Investment Bank AB