Trelleborg AB (publ)

LSE:0NL3 Stock Report

Market Cap: SEK 97.7b

Trelleborg Valuation

Is 0NL3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 0NL3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
SEK 499.67
Fair Value
14.0% undervalued intrinsic discount
7
Number of Analysts

Below Fair Value: 0NL3 (SEK429.66) is trading below our estimate of fair value (SEK499.67)

Significantly Below Fair Value: 0NL3 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0NL3?

Key metric: As 0NL3 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0NL3. This is calculated by dividing 0NL3's market cap by their current earnings.
What is 0NL3's PE Ratio?
PE Ratio26.1x
EarningsSEK 3.74b
Market CapSEK 97.69b

Price to Earnings Ratio vs Peers

How does 0NL3's PE Ratio compare to its peers?

The above table shows the PE ratio for 0NL3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.7x
WEIR Weir Group
26.9x18.4%UK£5.9b
SPX Spirax Group
29.2x8.6%UK£5.6b
IMI IMI
19.3x12.0%UK£4.9b
ROR Rotork
23.6x9.4%UK£2.8b
0NL3 Trelleborg
26.1x11.0%SEK 97.7b

Price-To-Earnings vs Peers: 0NL3 is expensive based on its Price-To-Earnings Ratio (26.1x) compared to the peer average (24.7x).

Price to Earnings Ratio vs Industry

How does 0NL3's PE Ratio compare vs other companies in the European Machinery Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0NL3 26.1xIndustry Avg. 18.5xNo. of Companies27PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0NL3 is expensive based on its Price-To-Earnings Ratio (26.1x) compared to the European Machinery industry average (18.5x).

Price to Earnings Ratio vs Fair Ratio

What is 0NL3'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.

0NL3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.1x
Fair PE Ratio20.1x

Price-To-Earnings vs Fair Ratio: 0NL3 is expensive based on its Price-To-Earnings Ratio (26.1x) compared to the estimated Fair Price-To-Earnings Ratio (20.1x).

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 0NL3 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 429.66
SEK 439.57
+2.3%
8.4%SEK 482.00SEK 380.00n/a7
Feb ’26SEK 418.35
SEK 439.57
+5.1%
8.4%SEK 482.00SEK 380.00n/a7
Jan ’26SEK 377.88
SEK 412.86
+9.3%
6.7%SEK 460.00SEK 380.00n/a7
Dec ’25SEK 357.05
SEK 404.67
+13.3%
5.1%SEK 448.00SEK 380.00n/a6
Nov ’25SEK 354.30
SEK 404.67
+14.2%
5.1%SEK 448.00SEK 380.00n/a6
Oct ’25SEK 379.96
SEK 425.83
+12.1%
4.4%SEK 460.00SEK 400.00n/a6
Sep ’25SEK 400.00
SEK 422.67
+5.7%
3.2%SEK 441.00SEK 400.00n/a6
Aug ’25SEK 393.34
SEK 422.67
+7.5%
3.2%SEK 441.00SEK 400.00n/a6
Jul ’25SEK 418.21
SEK 395.17
-5.5%
5.6%SEK 430.00SEK 360.00n/a6
Jun ’25SEK 410.10
SEK 386.00
-5.9%
5.8%SEK 405.00SEK 340.00n/a6
May ’25SEK 397.40
SEK 381.83
-3.9%
5.5%SEK 400.00SEK 340.00n/a6
Apr ’25SEK 383.07
SEK 347.71
-9.2%
5.2%SEK 376.00SEK 323.00n/a7
Mar ’25SEK 381.24
SEK 347.71
-8.8%
5.2%SEK 376.00SEK 323.00n/a7
Feb ’25SEK 319.99
SEK 347.17
+8.5%
4.9%SEK 370.00SEK 328.00SEK 418.356
Jan ’25SEK 338.66
SEK 327.14
-3.4%
9.4%SEK 370.00SEK 280.00SEK 377.887
Dec ’24SEK 328.80
SEK 318.14
-3.2%
7.6%SEK 350.00SEK 280.00SEK 357.057
Nov ’24SEK 282.97
SEK 302.43
+6.9%
10.8%SEK 340.00SEK 240.00SEK 354.307
Oct ’24SEK 272.80
SEK 293.17
+7.5%
11.4%SEK 340.00SEK 240.00SEK 379.966
Sep ’24SEK 276.44
SEK 293.17
+6.1%
11.4%SEK 340.00SEK 240.00SEK 400.006
Aug ’24SEK 280.55
SEK 293.17
+4.5%
11.4%SEK 340.00SEK 240.00SEK 393.346
Jul ’24SEK 270.98
SEK 300.80
+11.0%
10.3%SEK 340.00SEK 260.00SEK 418.215
Jun ’24SEK 269.83
SEK 300.80
+11.5%
10.3%SEK 340.00SEK 260.00SEK 410.105
May ’24SEK 258.63
SEK 297.80
+15.1%
10.1%SEK 340.00SEK 260.00SEK 397.405
Apr ’24SEK 294.90
SEK 290.67
-1.4%
6.7%SEK 315.00SEK 260.00SEK 383.076
Mar ’24SEK 273.46
SEK 290.67
+6.3%
6.7%SEK 315.00SEK 260.00SEK 381.246
Feb ’24SEK 260.20
SEK 286.50
+10.1%
6.8%SEK 315.00SEK 260.00SEK 319.996
Analyst Price Target
Consensus Narrative from 7 Analysts
SEK 447.55
Fair Value
4.0% undervalued intrinsic discount
7
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/19 12:23
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

Trelleborg AB (publ) is covered by 23 analysts. 6 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
Timothy LeeBarclays
Frederik BitterBerenberg