Munters Group AB (publ)

LSE:0RPO Stock Report

Market Cap: SEK 22.4b

Munters Group Valuation

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

Discounted Cash Flow
Simply Wall St
SEK 149.32
Fair Value
17.9% undervalued intrinsic discount
5
Number of Analysts

Below Fair Value: 0RPO (SEK122.55) is trading below our estimate of fair value (SEK149.32)

Significantly Below Fair Value: 0RPO 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 0RPO?

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

The above table shows the Price to Earnings ratio for 0RPO. This is calculated by dividing 0RPO's market cap by their current earnings.
What is 0RPO's PE Ratio?
PE Ratio23x
EarningsSEK 973.00m
Market CapSEK 22.36b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for 0RPO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.5x
FAN Volution Group
23.5x12.0%UK£1.0b
GEN Genuit Group
25.8x20.5%UK£865.2m
JHD James Halstead
14.9x4.1%UK£618.9m
NXR Norcros
21.8x41.7%UK£194.0m
0RPO Munters Group
23x17.4%SEK 22.4b

Price-To-Earnings vs Peers: 0RPO is expensive based on its Price-To-Earnings Ratio (23x) compared to the peer average (21.5x).

Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0RPO 23.0xIndustry Avg. 21.4xNo. of Companies10PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0RPO is expensive based on its Price-To-Earnings Ratio (23x) compared to the European Building industry average (21.4x).

Price to Earnings Ratio vs Fair Ratio

What is 0RPO'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.

0RPO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23x
Fair PE Ratio22.2x

Price-To-Earnings vs Fair Ratio: 0RPO is expensive based on its Price-To-Earnings Ratio (23x) compared to the estimated Fair Price-To-Earnings Ratio (22.2x).

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 0RPO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 122.55
SEK 201.80
+64.7%
15.8%SEK 250.00SEK 150.00n/a5
Mar ’26SEK 133.32
SEK 201.80
+51.4%
15.8%SEK 250.00SEK 150.00n/a5
Feb ’26SEK 177.70
SEK 218.00
+22.7%
17.7%SEK 270.00SEK 155.00n/a5
Jan ’26SEK 185.40
SEK 211.00
+13.8%
15.7%SEK 260.00SEK 160.00n/a5
Dec ’25SEK 173.40
SEK 211.00
+21.7%
15.7%SEK 260.00SEK 160.00n/a5
Nov ’25SEK 174.00
SEK 227.00
+30.5%
8.2%SEK 260.00SEK 205.00n/a5
Oct ’25SEK 225.40
SEK 245.00
+8.7%
10.7%SEK 280.00SEK 215.00n/a4
Sep ’25SEK 215.64
SEK 245.00
+13.6%
10.7%SEK 280.00SEK 215.00n/a4
Aug ’25SEK 233.85
SEK 245.00
+4.8%
10.7%SEK 280.00SEK 215.00n/a4
Jul ’25SEK 199.75
SEK 220.00
+10.1%
17.1%SEK 260.00SEK 180.00n/a4
Jun ’25SEK 228.00
SEK 220.00
-3.5%
17.1%SEK 260.00SEK 180.00n/a4
May ’25SEK 221.29
SEK 196.25
-11.3%
8.9%SEK 225.00SEK 180.00n/a4
Apr ’25SEK 191.00
SEK 186.25
-2.5%
9.9%SEK 210.00SEK 160.00n/a4
Mar ’25SEK 188.32
SEK 180.00
-4.4%
7.1%SEK 195.00SEK 160.00SEK 133.324
Feb ’25SEK 155.47
SEK 170.00
+9.3%
9.1%SEK 195.00SEK 155.00SEK 177.704
Jan ’25SEK 163.50
SEK 160.00
-2.1%
5.8%SEK 175.00SEK 150.00SEK 185.404
Dec ’24SEK 147.03
SEK 156.25
+6.3%
2.7%SEK 160.00SEK 150.00SEK 173.404
Nov ’24SEK 136.12
SEK 148.75
+9.3%
5.0%SEK 160.00SEK 140.00SEK 174.004
Oct ’24SEK 141.15
SEK 143.80
+1.9%
4.2%SEK 155.00SEK 139.00SEK 225.405
Sep ’24SEK 134.70
SEK 143.80
+6.8%
4.2%SEK 155.00SEK 139.00SEK 215.645
Aug ’24SEK 133.58
SEK 143.80
+7.7%
4.2%SEK 155.00SEK 139.00SEK 233.855
Jul ’24SEK 122.18
SEK 122.00
-0.1%
8.8%SEK 135.00SEK 105.00SEK 199.755
Jun ’24SEK 129.00
SEK 118.00
-8.5%
6.3%SEK 125.00SEK 105.00SEK 228.005
May ’24SEK 100.15
SEK 114.80
+14.6%
7.3%SEK 125.00SEK 100.00SEK 221.295
Apr ’24SEK 95.41
SEK 106.00
+11.1%
14.9%SEK 123.00SEK 78.00SEK 191.005
Mar ’24SEK 100.30
SEK 106.00
+5.7%
14.9%SEK 123.00SEK 78.00SEK 188.325
Analyst Price Target
Consensus Narrative from 5 Analysts
SEK 201.88
Fair Value
39.3% undervalued intrinsic discount
5
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/11 00:45
End of Day Share Price 2025/03/11 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

Munters Group AB (publ) is covered by 10 analysts. 5 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
Karl VikströmBerenberg
Kenneth Toll JohanssonCarnegie Investment Bank AB