MilDef Group AB (publ)

OM:MILDEF Stock Report

Market Cap: SEK 12.2b

MilDef Group Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Daniel Ljunggren

Chief executive officer

SEK 3.3m

Total compensation

CEO salary percentage64.5%
CEO tenure2yrs
CEO ownership3.4%
Management average tenure1.8yrs
Board average tenure6.3yrs

Recent management updates

Recent updates

Investors Appear Satisfied With MilDef Group AB (publ)'s (STO:MILDEF) Prospects As Shares Rocket 27%

May 03
Investors Appear Satisfied With MilDef Group AB (publ)'s (STO:MILDEF) Prospects As Shares Rocket 27%

MilDef Group AB (publ) (STO:MILDEF) Released Earnings Last Week And Analysts Lifted Their Price Target To kr184

Apr 13
MilDef Group AB (publ) (STO:MILDEF) Released Earnings Last Week And Analysts Lifted Their Price Target To kr184

MilDef Group (STO:MILDEF) Seems To Use Debt Quite Sensibly

Apr 02
MilDef Group (STO:MILDEF) Seems To Use Debt Quite Sensibly

MilDef Group AB (publ) (STO:MILDEF) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable

Feb 18
MilDef Group AB (publ) (STO:MILDEF) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable
author-image

Acquiring Roda Will Open Central European Markets In Defense Sector

Feb 11 Strategic shift to defense sector and acquisition expansion likely to improve revenue and margins amid growing defense spending.

Analyst Forecasts For MilDef Group AB (publ) (STO:MILDEF) Are Surging Higher

Dec 04
Analyst Forecasts For MilDef Group AB (publ) (STO:MILDEF) Are Surging Higher

MilDef Group AB (publ) (STO:MILDEF) Stocks Shoot Up 25% But Its P/S Still Looks Reasonable

Nov 21
MilDef Group AB (publ) (STO:MILDEF) Stocks Shoot Up 25% But Its P/S Still Looks Reasonable

This Just In: Analysts Are Boosting Their MilDef Group AB (publ) (STO:MILDEF) Outlook for Next Year

Nov 19
This Just In: Analysts Are Boosting Their MilDef Group AB (publ) (STO:MILDEF) Outlook for Next Year

MilDef Group AB (publ) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Oct 30
MilDef Group AB (publ) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

MilDef Group AB (publ) (STO:MILDEF) Looks Just Right With A 26% Price Jump

Aug 19
MilDef Group AB (publ) (STO:MILDEF) Looks Just Right With A 26% Price Jump

MilDef Group AB (publ) Just Beat EPS By 147%: Here's What Analysts Think Will Happen Next

Jul 29
MilDef Group AB (publ) Just Beat EPS By 147%: Here's What Analysts Think Will Happen Next

MilDef Group AB (publ) Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next

May 01
MilDef Group AB (publ) Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next

Is Now The Time To Look At Buying MilDef Group AB (publ) (STO:MILDEF)?

Apr 19
Is Now The Time To Look At Buying MilDef Group AB (publ) (STO:MILDEF)?

Is Now The Time To Look At Buying MilDef Group AB (publ) (STO:MILDEF)?

Nov 26
Is Now The Time To Look At Buying MilDef Group AB (publ) (STO:MILDEF)?

MilDef Group AB (publ)'s (STO:MILDEF) P/S Still Appears To Be Reasonable

May 06
MilDef Group AB (publ)'s (STO:MILDEF) P/S Still Appears To Be Reasonable

We Think That There Are Issues Underlying MilDef Group's (STO:MILDEF) Earnings

Feb 17
We Think That There Are Issues Underlying MilDef Group's (STO:MILDEF) Earnings

A Look At The Fair Value Of MilDef Group AB (publ) (STO:MILDEF)

Dec 22
A Look At The Fair Value Of MilDef Group AB (publ) (STO:MILDEF)

CEO Compensation Analysis

How has Daniel Ljunggren's remuneration changed compared to MilDef Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024SEK 3mSEK 2m

-SEK 220m

Sep 30 2024n/an/a

SEK 55m

Jun 30 2024n/an/a

SEK 43m

Mar 31 2024n/an/a

SEK 41m

Dec 31 2023SEK 2mSEK 1m

SEK 69m

Compensation vs Market: Daniel's total compensation ($USD340.11K) is below average for companies of similar size in the Swedish market ($USD1.11M).

Compensation vs Earnings: Daniel's compensation has increased whilst the company is unprofitable.

CEO

Daniel Ljunggren (44 yo)

2yrs

Tenure

SEK 3,287,000

Compensation

Mr. Daniel Ljunggren is President of MilDef Group AB (publ) from May 2023 and serves as its Chief Executive Officer since May 26, 2023. Mr. Ljunggren was Chief Financial Officer at MilDef Group AB (publ) s...

Leadership Team

NamePositionTenureCompensationOwnership
Daniel Ljunggren
President & CEO2yrsSEK 3.29m3.39%
SEK 413.3m
Viveca Johnsson
Chief Financial Officer1.7yrsno data0.0043%
SEK 527.2k
Olof Engvall
Head of Investor Relations & Communicationno datano data0.022%
SEK 2.7m
Karin Svalander
Chief Legal & Compliance Officer5.3yrsno data0.0052%
SEK 634.5k
Martina Karlsson
Chief People Officer1.7yrsno data0.0048%
SEK 587.0k
Fredrik Persson
Deputy Chief Executive Officerno datano data0.53%
SEK 64.7m

1.8yrs

Average Tenure

43.5yo

Average Age

Experienced Management: MILDEF's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Lennart Pihl
Independent Director5.3yrsSEK 325.00k0.0018%
SEK 213.5k
Charlotte Darth
Independent Director5.3yrsSEK 275.00k0.0018%
SEK 213.5k
Bjorn Karlsson
Chair of the Board2yrsSEK 505.00k1.89%
SEK 231.1m
Arto Raty
Member of Advisory Boardno datano datano data
Christian Hammenborn
Independent Director8.3yrsSEK 275.00k0.0018%
SEK 213.5k
Jan Andersson
Independent Director7.3yrsSEK 246.00k1.06%
SEK 129.7m
Carol Pottenger
Member of Advisory Boardno datano datano data
Marianne Trolle
Independent Director27.3yrsSEK 225.00k5.13%
SEK 625.9m
Berndt Grundevik
Chairman of Advisory Boardno dataSEK 200.00k0%
SEK 0
Odin Johannesen
Member of Advisory Boardno datano datano data
Agner Rokos
Member of Advisory Boardno datano datano data
Jon Pentreath
Member of Advisory Boardno datano datano data

6.3yrs

Average Tenure

68yo

Average Age

Experienced Board: MILDEF's board of directors are considered experienced (6.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/05 08:27
End of Day Share Price 2025/05/05 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

MilDef Group AB (publ) is covered by 5 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
Hugo LisjoCarnegie Commissioned Research
Daniel LindkvistDanske Bank
Tom GuinchardPareto Securities