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Indutrade AB (publ)OM:INDT Stock Report

Market Cap SEK 72.9b
Share Price
SEK 200.00
SEK 256.86
22.1% undervalued intrinsic discount
1Y-23.4%
7D5.8%
1D
Portfolio Value
View

Indutrade AB (publ)

OM:INDT Stock Report

Market Cap: SEK 72.9b

Indutrade (INDT) Stock Overview

Manufactures, develops, and sells components, systems, and services to various industries worldwide. More details

INDT fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends3/6

INDT Community Fair Values

Create Narrative

See what 22 others think this stock is worth. Follow their fair value or set your own to get alerts.

Indutrade AB (publ) Competitors

Price History & Performance

Summary of share price highs, lows and changes for Indutrade
Historical stock prices
Current Share PriceSEK 200.00
52 Week HighSEK 274.60
52 Week LowSEK 185.60
Beta1.18
1 Month Change-20.06%
3 Month Change-13.19%
1 Year Change-23.37%
3 Year Change-22.36%
5 Year Change-8.97%
Change since IPO2,357.34%

Recent News & Updates

Narrative Update May 04

INDT: Upgraded Outlook And Capital Allocation Will Support Future Earnings Resilience

Analysts have trimmed their 12 month price target for Indutrade from SEK 315 to SEK 305, reflecting updated views on fair value, discount rate and long term revenue and margin assumptions following recent research, such as the upgrade at Kepler Cheuvreux. Analyst Commentary Recent research points to a mixed but generally constructive setup for Indutrade, with price targets adjusted to reflect updated assumptions on valuation, discount rates and long term revenue and margin profiles.
Narrative Update Apr 20

INDT: Refined Assumptions And Acquisition Plans Will Shape Fairly Valued Outlook

Analysts have trimmed their SEK price target on Indutrade slightly to around SEK 260, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E after recent research commentary and an upgrade at Kepler Cheuvreux. Analyst Commentary Recent research commentary around the upgrade has focused on how Indutrade’s current valuation lines up with its execution track record and assumptions for growth, margins and future P/E.

Recent updates

Narrative Update May 04

INDT: Upgraded Outlook And Capital Allocation Will Support Future Earnings Resilience

Analysts have trimmed their 12 month price target for Indutrade from SEK 315 to SEK 305, reflecting updated views on fair value, discount rate and long term revenue and margin assumptions following recent research, such as the upgrade at Kepler Cheuvreux. Analyst Commentary Recent research points to a mixed but generally constructive setup for Indutrade, with price targets adjusted to reflect updated assumptions on valuation, discount rates and long term revenue and margin profiles.
Narrative Update Apr 20

INDT: Refined Assumptions And Acquisition Plans Will Shape Fairly Valued Outlook

Analysts have trimmed their SEK price target on Indutrade slightly to around SEK 260, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E after recent research commentary and an upgrade at Kepler Cheuvreux. Analyst Commentary Recent research commentary around the upgrade has focused on how Indutrade’s current valuation lines up with its execution track record and assumptions for growth, margins and future P/E.
Narrative Update Apr 04

INDT: Upgraded Outlook And Acquisition Pipeline Will Support Future Earnings Resilience

Analysts have made a slight adjustment to their price target for Indutrade to SEK 315.42 from SEK 315.49. This change reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E following recent research.
Narrative Update Mar 20

INDT: Refined Acquisition Pipeline And Dividend Policy Will Support Future Earnings Resilience

Analysts have nudged their SEK price target for Indutrade slightly higher, with the updated fair value estimate moving from about SEK 314.62 to roughly SEK 315.49, reflecting refreshed assumptions on growth, margins and future P/E after recent research updates. Analyst Commentary Bullish analysts point to the refreshed fair value estimate of about SEK 315.49 as a sign of steady confidence in Indutrade, even if the adjustment from roughly SEK 314.62 is modest.
Narrative Update Mar 06

INDT: Acquisition Pipeline And Higher P/E Expectations Will Support Future Upside

Analysts have trimmed their SEK price target for Indutrade from about SEK 272 to around SEK 260, citing slightly lower revenue growth assumptions, a modestly higher discount rate, and a somewhat richer future P/E multiple in their updated models. Analyst Commentary Recent commentary around Indutrade gives you a mixed but useful picture of how the market is thinking about the shares at the current SEK 260 price target level.
Narrative Update Feb 20

INDT: Fair Outlook Will Balance Higher Discount Rate And Acquisition Pipeline

Analysts have revised their SEK 230.00 price target for Indutrade to reflect slightly updated assumptions for the discount rate, revenue growth and profit margin, indicating a refreshed but broadly unchanged view on the shares. Analyst Commentary Recent research around the SEK 230.00 target highlights that, while the headline number is unchanged, some inputs behind the valuation have shifted, including the discount rate, revenue growth assumptions and margin expectations.
Analysis Article Feb 16

Indutrade (STO:INDT) Has Announced That It Will Be Increasing Its Dividend To SEK3.10

Indutrade AB (publ) ( STO:INDT ) will increase its dividend from last year's comparable payment on the 10th of April to...
New Narrative Feb 06

Quintessential serial acquirer

1. The Decentralized Compounder Indutrade’s narrative is built on the Swedish Serial Acquirer model, a story of stability through extreme diversification De-centralization: Unlike traditional conglomerates that centralize power, Indutrade’s narrative is small is beautiful.
Narrative Update Feb 06

INDT: Fair Outlook Will Balance Higher Discount Rate And Dividend Prospects

Analysts have reset their fair value estimate for Indutrade from SEK 260 to SEK 230, citing updated assumptions on discount rates, profit margins and future P/E that reflect recent Street research. Analyst Commentary The reset to a SEK 230 fair value highlights how recent research has become more cautious on what investors are willing to pay for Indutrade, particularly regarding the updated discount rate, margin assumptions and future P/E.
Analysis Article Feb 02

Indutrade (STO:INDT) Is Paying Out A Larger Dividend Than Last Year

The board of Indutrade AB (publ) ( STO:INDT ) has announced that it will be paying its dividend of SEK3.10 on the 10th...
Narrative Update Jan 22

INDT: Expanded Acquisition Pipeline Will Support Long-Term Earnings Resilience

Analysts have trimmed their price target on Indutrade slightly to SEK 314.62 from SEK 320.21, citing updated assumptions that combine a small adjustment to discount rates with modest tweaks to growth, margins and the future P/E multiple. What's in the News Indutrade AB is actively looking for acquisitions, with management emphasizing a continued focus on acquiring "Indutrade like" companies rather than changing its approach.
Analysis Article Jan 12

Slowing Rates Of Return At Indutrade (STO:INDT) Leave Little Room For Excitement

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Narrative Update Jan 08

INDT: Expanded Acquisition Team And Lead Generation Will Support Future Upside

Analysts have modestly adjusted their price target for Indutrade to SEK271.67, reflecting slightly updated assumptions on discount rate, revenue growth, profit margin and future P/E multiples, while keeping their overall fair value view unchanged. What's in the News Indutrade AB is actively looking for acquisitions and investments, with management emphasizing that the company plans to continue focusing on "Indutrade like" targets rather than shifting its approach (Capital Markets Day 2025).
Narrative Update Dec 25

INDT: Buy-And-Build Acquisitions Will Drive Long-Term Earnings Resilience

Analysts have reduced their price target on Indutrade to approximately SEK 320 from SEK 400, reflecting a more conservative valuation multiple, despite slightly stronger growth and margin assumptions following recent downgrades to Hold. Analyst Commentary Bullish analysts acknowledge the recent downgrade to Hold but highlight that the revised assumptions still embed a constructive long term view on Indutrade, underpinned by resilient end market demand and disciplined capital allocation.
Narrative Update Dec 11

INDT: Future Acquisition Pipeline Will Drive Upside Despite Margin Headwinds

Analysts have trimmed their fair value estimate for Indutrade from SEK 275 to about SEK 272, reflecting slightly lower profit margin and valuation assumptions, even as revenue growth expectations edge higher, following a recent downgrade to Hold from Buy and a SEK 235 price target on the stock. Analyst Commentary Analysts are reassessing Indutrade’s risk reward profile following the recent downgrade, with a more balanced view emerging between the company’s structural growth strengths and near term valuation and margin pressures.
Analysis Article Nov 30

A Look At The Intrinsic Value Of Indutrade AB (publ) (STO:INDT)

Key Insights The projected fair value for Indutrade is kr254 based on 2 Stage Free Cash Flow to Equity With kr234 share...
Narrative Update Nov 27

INDT: Future Acquisitions And Stable Margins Will Drive Long-Term Value

Analysts have revised Indutrade's price target down to SEK 235, compared with higher prior levels. This adjustment is due to more tempered growth expectations and recent downgrades in research coverage.
Analysis Article Nov 12

Is It Time To Consider Buying Indutrade AB (publ) (STO:INDT)?

Indutrade AB (publ) ( STO:INDT ), is not the largest company out there, but it saw a double-digit share price rise of...
Narrative Update Nov 08

INDT: Resilient Cash Flows And Diversification Will Support Long-Term Returns

Analysts have revised their price target for Indutrade downward to SEK 235 from the previous estimate. They cite more cautious expectations for future performance.
Narrative Update Oct 25

Acquisition Integration And Sustained Demand Will Determine Future Profit Margins

Indutrade's analyst price target has been raised from SEK 268 to SEK 275. Analysts cite improved revenue growth expectations and higher profit margins as factors supporting the updated outlook.
Analysis Article Oct 21

Investor Optimism Abounds Indutrade AB (publ) (STO:INDT) But Growth Is Lacking

When close to half the companies in Sweden have price-to-earnings ratios (or "P/E's") below 23x, you may consider...
Narrative Update Oct 11

Acquisitions And Demand Will Shape Future MedTech Prospects

Analysts have lowered their price target for Indutrade from SEK 285 to SEK 268. This reflects more cautious expectations for the stock following recent downgrades and a reassessment of fair value assumptions.
Analysis Article Oct 08

Indutrade (STO:INDT) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Narrative Update Sep 27

Acquisitions And Demand Will Shape Future MedTech Prospects

The downward revision in Indutrade’s analyst price target primarily reflects a lower future P/E multiple, with no material change in the discount rate, resulting in a new fair value estimate of SEK284.80. What's in the News Indutrade will hold an Analyst/Investor Day to update on its strategy and priorities for continued sustainable profitable growth.
Analysis Article Aug 01

At kr238, Is Indutrade AB (publ) (STO:INDT) Worth Looking At Closely?

Indutrade AB (publ) ( STO:INDT ), might not be a large cap stock, but it received a lot of attention from a substantial...
Analysis Article Jul 07

Is Indutrade (STO:INDT) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 25

Calculating The Fair Value Of Indutrade AB (publ) (STO:INDT)

Key Insights Indutrade's estimated fair value is kr247 based on 2 Stage Free Cash Flow to Equity Current share price of...
User avatar
New Narrative Nov 25

A Decisive Transformation And Robust Sector Growth Promise Bright Future

High acquisition pace and strategic reorganization into segments aim to boost inorganic and organic growth, improving long-term revenue and margins.

Shareholder Returns

INDTSE MachinerySE Market
7D5.8%2.3%3.2%
1Y-23.4%23.7%14.4%

Return vs Industry: INDT underperformed the Swedish Machinery industry which returned 21% over the past year.

Return vs Market: INDT underperformed the Swedish Market which returned 12.3% over the past year.

Price Volatility

Is INDT's price volatile compared to industry and market?
INDT volatility
INDT Average Weekly Movement6.4%
Machinery Industry Average Movement5.6%
Market Average Movement6.3%
10% most volatile stocks in SE Market13.3%
10% least volatile stocks in SE Market3.7%

Stable Share Price: INDT has not had significant price volatility in the past 3 months compared to the Swedish market.

Volatility Over Time: INDT's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19199,999Bo Annvikwww.indutrade.com

Indutrade AB (publ) manufactures, develops, and sells components, systems, and services to various industries worldwide. It operates through five segments: Industrial & Engineering, Infrastructure & Construction, Life Science, Process, Energy & Water, and Technology & Systems Solutions. The company offers industrial equipment, tools, filters, hydraulics, fasteners, and chemical technology for general engineering and automotive industries; and flow technology products, including valves, pipes and pipe systems, and pumps, as well as measurement technology and industrial equipment for energy sector, water and wastewater, and process industries.

Indutrade AB (publ) Fundamentals Summary

How do Indutrade's earnings and revenue compare to its market cap?
INDT fundamental statistics
Market capSEK 72.86b
Earnings (TTM)SEK 2.54b
Revenue (TTM)SEK 32.26b
28.7x
P/E Ratio
2.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
INDT income statement (TTM)
RevenueSEK 32.26b
Cost of RevenueSEK 20.79b
Gross ProfitSEK 11.46b
Other ExpensesSEK 8.93b
EarningsSEK 2.54b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 16, 2026

Earnings per share (EPS)6.96
Gross Margin35.54%
Net Profit Margin7.86%
Debt/Equity Ratio45.1%

How did INDT perform over the long term?

See historical performance and comparison

Dividends

1.6%
Current Dividend Yield
45%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 12:55
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

Indutrade AB (publ) is covered by 13 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Claes VikbladhABG Sundal Collier Sponsored
Robert RedinCarnegie Investment Bank AB
Johan DahlDanske Bank