Traton SE

OM:8TRA Stock Report

Market Cap: SEK 176.2b

Traton Valuation

Is 8TRA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 8TRA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8TRA (SEK349) is trading below our estimate of fair value (SEK1020.67)

Significantly Below Fair Value: 8TRA is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8TRA?

Key metric: As 8TRA is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 8TRA. This is calculated by dividing 8TRA's market cap by their current earnings.
What is 8TRA's PE Ratio?
PE Ratio5.8x
Earnings€2.57b
Market Cap€15.20b

Price to Earnings Ratio vs Peers

How does 8TRA's PE Ratio compare to its peers?

The above table shows the PE ratio for 8TRA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average38.6x
EPI A Epiroc
27.8x11.3%SEK 231.7b
VOLV B AB Volvo
10.7x0.8%SEK 560.5b
ENGCON B engcon
103.8x45.3%SEK 18.2b
VBG B VBG Group
12.1x2.3%SEK 7.5b
8TRA Traton
5.8x8.1%SEK 15.2b

Price-To-Earnings vs Peers: 8TRA is good value based on its Price-To-Earnings Ratio (5.8x) compared to the peer average (38.6x).

Price to Earnings Ratio vs Industry

How does 8TRA's PE Ratio compare vs other companies in the SE Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
8TRA 5.8xIndustry Avg. 26.3xNo. of Companies5PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 8TRA is good value based on its Price-To-Earnings Ratio (5.8x) compared to the Swedish Machinery industry average (26.3x).

Price to Earnings Ratio vs Fair Ratio

What is 8TRA'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.

8TRA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.8x
Fair PE Ratio26.5x

Price-To-Earnings vs Fair Ratio: 8TRA is good value based on its Price-To-Earnings Ratio (5.8x) compared to the estimated Fair Price-To-Earnings Ratio (26.5x).

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 8TRA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 349.00
SEK 430.95
+23.5%
23.9%SEK 637.35SEK 243.35n/a15
Nov ’25SEK 340.50
SEK 430.95
+26.6%
23.9%SEK 637.35SEK 243.35n/a15
Oct ’25SEK 328.00
SEK 411.89
+25.6%
24.0%SEK 625.12SEK 238.68n/a16
Sep ’25SEK 341.00
SEK 416.74
+22.2%
24.1%SEK 627.04SEK 250.82n/a15
Aug ’25SEK 328.00
SEK 433.14
+32.1%
23.2%SEK 644.90SEK 257.96n/a15
Jul ’25SEK 351.50
SEK 416.23
+18.4%
22.4%SEK 624.35SEK 249.74n/a15
Jun ’25SEK 378.50
SEK 423.02
+11.8%
22.1%SEK 631.32SEK 252.53n/a15
May ’25SEK 401.00
SEK 413.75
+3.2%
25.3%SEK 644.42SEK 246.05n/a16
Apr ’25SEK 379.20
SEK 371.87
-1.9%
29.1%SEK 580.19SEK 229.76n/a15
Mar ’25SEK 289.40
SEK 299.23
+3.4%
21.7%SEK 447.20SEK 221.37n/a14
Feb ’25SEK 257.20
SEK 298.64
+16.1%
22.1%SEK 456.28SEK 225.86n/a15
Jan ’25SEK 236.40
SEK 292.76
+23.8%
22.1%SEK 450.75SEK 223.12n/a15
Dec ’24SEK 227.60
SEK 302.37
+32.9%
22.5%SEK 467.34SEK 231.33n/a15
Nov ’24SEK 218.20
SEK 299.30
+37.2%
23.3%SEK 471.69SEK 233.49SEK 340.5016
Oct ’24SEK 229.40
SEK 297.34
+29.6%
25.2%SEK 476.22SEK 190.49SEK 328.0016
Sep ’24SEK 229.00
SEK 297.34
+29.8%
25.2%SEK 476.22SEK 190.49SEK 341.0016
Aug ’24SEK 235.80
SEK 283.31
+20.1%
26.0%SEK 463.01SEK 185.21SEK 328.0016
Jul ’24SEK 231.40
SEK 284.71
+23.0%
25.1%SEK 444.87SEK 187.31SEK 351.5015
Jun ’24SEK 221.00
SEK 270.84
+22.6%
25.1%SEK 428.39SEK 180.38SEK 378.5016
May ’24SEK 236.60
SEK 257.92
+9.0%
23.4%SEK 396.15SEK 181.10SEK 401.0016
Apr ’24SEK 203.00
SEK 236.39
+16.4%
25.0%SEK 395.61SEK 169.55SEK 379.2015
Mar ’24SEK 171.90
SEK 214.11
+24.6%
22.5%SEK 340.63SEK 158.96SEK 289.4014
Feb ’24SEK 181.60
SEK 208.32
+14.7%
23.6%SEK 334.58SEK 150.56SEK 257.2014
Jan ’24SEK 155.10
SEK 205.09
+32.2%
24.0%SEK 335.16SEK 150.82SEK 236.4014
Dec ’23SEK 165.50
SEK 204.80
+23.7%
27.3%SEK 325.08SEK 140.87SEK 227.6015
Nov ’23SEK 142.00
SEK 206.39
+45.3%
27.1%SEK 326.44SEK 141.46SEK 218.2015

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.

Discover undervalued companies

AAC Clyde Space

SEK 287.8m

Manufactures and sells miniaturized and advanced subsystems and components for cube and small satellites in Sweden, the United Kingdom, rest of Europe, the United States, Asia, and internationally.

AAC

SEK 48.85

7D

22.7%

1Y

35.7%

Trelleborg

SEK 84.9b

Provides engineered polymer solutions for seal, damp, and protect critical applications worldwide.

TREL B

SEK 360.80

7D

-4.3%

1Y

15.9%

Eltel

SEK 1.0b

Provides services for the power and communication infrastructure networks in Finland, Sweden, Luxembourg, the United Kingdom, the United States, and internationally.

ELTEL

SEK 6.66

7D

-1.2%

1Y

-9.8%