Absolent Air Care Group AB (publ)

OM:ABSO Stock Report

Market Cap: SEK 2.8b

Absolent Air Care Group Valuation

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

Below Fair Value: ABSO (SEK251) is trading below our estimate of fair value (SEK509.18)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ABSO. This is calculated by dividing ABSO's market cap by their current earnings.
What is ABSO's PE Ratio?
PE Ratio22.5x
EarningsSEK 126.14m
Market CapSEK 2.84b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ABSO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.3x
FMM B FM Mattsson
20.5xn/aSEK 2.1b
NWG Nordic Waterproofing Holding
21.9x23.6%SEK 4.4b
SVED B Svedbergs Group
16.9x23.0%SEK 2.2b
SVED BTA B Svedbergs Group
13.8x24.9%SEK 1.9b
ABSO Absolent Air Care Group
22.5x24.8%SEK 2.8b

Price-To-Earnings vs Peers: ABSO is expensive based on its Price-To-Earnings Ratio (22.5x) compared to the peer average (18.3x).

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
ABSO 22.5xIndustry Avg. 20.0xNo. of Companies12PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ABSO is expensive based on its Price-To-Earnings Ratio (22.5x) compared to the European Building industry average (20x).

Price to Earnings Ratio vs Fair Ratio

What is ABSO'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.

ABSO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio22.5x
Fair PE Ratio21.4x

Price-To-Earnings vs Fair Ratio: ABSO is expensive based on its Price-To-Earnings Ratio (22.5x) compared to the estimated Fair Price-To-Earnings Ratio (21.4x).

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 ABSO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 251.00
SEK 402.00
+60.2%
12.9%SEK 454.00SEK 350.00n/a2
Dec ’25SEK 226.00
SEK 402.00
+77.9%
12.9%SEK 454.00SEK 350.00n/a2
Nov ’25SEK 290.00
SEK 435.50
+50.2%
4.2%SEK 454.00SEK 417.00n/a2
Oct ’25SEK 330.00
SEK 464.50
+40.8%
10.2%SEK 512.00SEK 417.00n/a2
Sep ’25SEK 326.00
SEK 464.50
+42.5%
10.2%SEK 512.00SEK 417.00n/a2
Aug ’25SEK 333.00
SEK 464.50
+39.5%
10.2%SEK 512.00SEK 417.00n/a2
Jul ’25SEK 370.00
SEK 450.50
+21.8%
7.9%SEK 486.00SEK 415.00n/a2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 14:26
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Absolent Air Care Group AB (publ) is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Carl RagnerstamNordea Markets
Henrik AlveskogRedeye