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Munters Group AB (publ)OM:MTRS Stock Report

Market Cap SEK 36.5b
Share Price
SEK 200.10
SEK 213.33
6.2% undervalued intrinsic discount
1Y61.5%
7D3.3%
Portfolio Value
View

Munters Group AB (publ)

OM:MTRS Stock Report

Market Cap: SEK 36.5b

Munters Group (MTRS) Stock Overview

Provides climate solutions in the Americas, Europe, the Middle East, Africa, and Asia-pacific. More details

MTRS fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance2/6
Financial Health3/6
Dividends0/6

MTRS Community Fair Values

Create Narrative

See what 19 others think this stock is worth. Follow their fair value or set your own to get alerts.

Community Contributor
US$3.87FV 1.0% overvalued intrinsic discount
30972.3%Revenue growth p.a.
149
0
0
4
9d ago

Munters Group AB (publ) Competitors

Price History & Performance

Summary of share price highs, lows and changes for Munters Group
Historical stock prices
Current Share PriceSEK 200.10
52 Week HighSEK 205.10
52 Week LowSEK 109.80
Beta0.68
1 Month Change20.69%
3 Month Change14.02%
1 Year Change61.50%
3 Year Change98.32%
5 Year Change138.64%
Change since IPO202.95%

Recent News & Updates

MTRS: Data Center Backlog And CEO Transition Will Support Future Outlook

Analysts have nudged their price target for Munters Group higher to SEK213.33 from SEK210.83. This reflects updated views on fair value, growth assumptions and expected profitability, while keeping a slightly adjusted future P/E outlook.

Recent updates

MTRS: Data Center Backlog And CEO Transition Will Support Future Outlook

Analysts have nudged their price target for Munters Group higher to SEK213.33 from SEK210.83. This reflects updated views on fair value, growth assumptions and expected profitability, while keeping a slightly adjusted future P/E outlook.

MTRS: Data Center Order Backlog Will Support Stronger Future Earnings Visibility

Analysts have lifted their price target on Munters Group to SEK 175.00 from SEK 150.00, citing updated assumptions around discount rates, revenue growth, profit margins, and a revised future P/E multiple. Analyst Commentary Recent Street research reflects a more constructive stance on Munters Group, with bullish analysts updating their views to align the price target with refreshed assumptions around discount rates, revenue, margins, and future P/E levels.

MTRS: Data Center Backlog And CEO Transition Will Support Future Cash Flow

Analysts have lifted the price target for Munters Group to SEK 175 from SEK 150, reflecting updated views on the company’s earnings profile and valuation assumptions. Analyst Commentary Analysts lifting the price target to SEK 175 while keeping a Hold stance signals a more constructive view on Munters Group’s potential, but also a sense that the valuation already reflects much of that optimism.

MTRS: AI Infrastructure Backlog And Execution Will Shape Balanced Future Expectations

Analysts now set their price target for Munters Group at SEK 175, up from SEK 150, citing updated assumptions on revenue growth, margins and future P/E expectations. Analyst Commentary While the new SEK 175 price target signals some renewed confidence in Munters Group, bearish analysts are still flagging several areas where they see a risk that expectations and execution may not fully line up.

MTRS: Data Center Contract Momentum Will Underpin Stronger Earnings Visibility

Analysts have raised their price target on Munters Group to SEK 235 from SEK 220, citing updated assumptions for revenue growth, profit margins and a lower future P/E multiple that together support a higher fair value estimate. Analyst Commentary Recent research points to a more constructive view on Munters Group, with price targets moving higher as analysts refresh their models for revenue growth, profitability and valuation.

MTRS: AI Data Center Orders Will Support Future Cash Flow

Analysts have lifted their price target for Munters Group to SEK 210.83 from SEK 204, citing updated assumptions on revenue growth, profit margins and future P/E, along with a recent Street target move to SEK 175 that reflects a more constructive view on the shares. Analyst Commentary Recent target tweaks suggest analysts see Munters Group as fairly balanced at current levels, with room for execution to drive upside or downside from here.

MTRS: AI Infrastructure Orders Will Test Execution And Support Fair Valuation

Analysts have raised their price targets on Munters Group to as high as SEK 195, with a central updated fair value estimate of SEK 175. This reflects their focus on the company's role in artificial intelligence infrastructure and its recent quarterly performance.

MTRS: AI Infrastructure Orders And Standout Q3 Will Support Future Cash Flow

Our fair value estimate for Munters Group has been lifted from SEK 199 to SEK 204 as analysts raise price targets into the SEK 175 to SEK 195 range, citing recent research that highlights the company’s role in artificial intelligence infrastructure and updated assumptions for revenue growth, profit margin and future P/E. Analyst Commentary Recent research coverage has focused on Munters Group's link to artificial intelligence infrastructure and how that could support the current valuation range, with price targets now clustered between SEK 175 and SEK 195.

MTRS: Standout Q3 AI Infrastructure Demand Will Drive Future Cash Flow Durability

Analysts have raised their fair value estimate for Munters Group to SEK 199 from SEK 188, citing a standout Q3 that underscored the company's growing role as a critical supplier to artificial intelligence infrastructure. Analyst Commentary Analysts remain broadly constructive on Munters Group following the latest price target increase, highlighting the company's execution in high growth end markets and its sharpened strategic focus on artificial intelligence infrastructure.

MTRS: Standout Q3 AI Infrastructure Position Will Drive Balanced Future Performance

Analysts raised their price target on Munters Group to SEK 195 from SEK 150, citing a standout Q3 that reinforced the company's role as a critical supplier to artificial intelligence infrastructure. Analyst Commentary Analysts characterize the latest price target increase as a reflection of stronger conviction in Munters Group's growth trajectory and its strategic positioning in the artificial intelligence infrastructure ecosystem.

MTRS: Standout Q3 and AI Infrastructure Demand Will Drive Performance Ahead

Analysts have increased their price target for Munters Group from SEK 185 to SEK 188.00, citing strong quarterly results and the company's reinforced standing as a key supplier to artificial intelligence infrastructure. Analyst Commentary Following the latest earnings release, analysts have closely examined Munters Group's outlook and performance, updating their views on the company’s valuation and growth trajectory.

MTRS: Artificial Intelligence Demand Will Drive Further Outperformance Ahead

Analysts have increased their price target for Munters Group from SEK 169 to SEK 185, citing strong quarterly results and the company's strengthened position as a key supplier to artificial intelligence infrastructure. Analyst Commentary Bullish Takeaways Bullish analysts point to Munters Group's standout Q3 performance as reinforcing its leadership position within artificial intelligence infrastructure supply chains.

Artificial Intelligence Demand Will Elevate Market Influence And Sector Leadership

Analysts have raised their price target for Munters Group from SEK 160 to SEK 169, citing strong third quarter results and the company's strengthened position as a key supplier to artificial intelligence infrastructure. Analyst Commentary Bullish Takeaways Bullish analysts note that Munters Group's increased price target reflects heightened confidence in the company's growth trajectory, particularly in the artificial intelligence infrastructure market.

Risks To Shareholder Returns Are Elevated At These Prices For Munters Group AB (publ) (STO:MTRS)

Oct 13
Risks To Shareholder Returns Are Elevated At These Prices For Munters Group AB (publ) (STO:MTRS)

Digitalization And Green Manufacturing Will Expand Global Markets

The downward revision in Munters Group’s revenue growth forecast from 4.6% to 4.1% per annum has contributed to a reduced consensus analyst price target, now at SEK160.00. What's in the News Munters Group and Capsol Technologies ASA have expanded their strategic partnership with a new commercial collaboration agreement focused on increasing carbon capture efficiency and reducing costs through joint R&D and testing.

Digitalization And Green Manufacturing Will Expand Global Markets

Munters Group's valuation outlook remains steady, with both discount rate and future P/E essentially unchanged, resulting in the consensus analyst price target holding firm at SEK167.40. Valuation Changes Summary of Valuation Changes for Munters Group The Consensus Analyst Price Target remained effectively unchanged, at SEK167.40.

Estimating The Intrinsic Value Of Munters Group AB (publ) (STO:MTRS)

Aug 30
Estimating The Intrinsic Value Of Munters Group AB (publ) (STO:MTRS)

We Think Munters Group (STO:MTRS) Is Taking Some Risk With Its Debt

Aug 06
We Think Munters Group (STO:MTRS) Is Taking Some Risk With Its Debt

Returns At Munters Group (STO:MTRS) Are On The Way Up

Jun 10
Returns At Munters Group (STO:MTRS) Are On The Way Up

With EPS Growth And More, Munters Group (STO:MTRS) Makes An Interesting Case

May 28
With EPS Growth And More, Munters Group (STO:MTRS) Makes An Interesting Case

Subdued Growth No Barrier To Munters Group AB (publ) (STO:MTRS) With Shares Advancing 38%

May 15
Subdued Growth No Barrier To Munters Group AB (publ) (STO:MTRS) With Shares Advancing 38%

Munters Group AB (publ)'s (STO:MTRS) CEO Looks Like They Deserve Their Pay Packet

May 08
Munters Group AB (publ)'s (STO:MTRS) CEO Looks Like They Deserve Their Pay Packet

Brokers Are Upgrading Their Views On Munters Group AB (publ) (STO:MTRS) With These New Forecasts

May 05
Brokers Are Upgrading Their Views On Munters Group AB (publ) (STO:MTRS) With These New Forecasts

Is Munters Group (STO:MTRS) Using Too Much Debt?

Apr 22
Is Munters Group (STO:MTRS) Using Too Much Debt?

Shareholders Can Be Confident That Munters Group's (STO:MTRS) Earnings Are High Quality

Mar 15
Shareholders Can Be Confident That Munters Group's (STO:MTRS) Earnings Are High Quality

A Look At The Intrinsic Value Of Munters Group AB (publ) (STO:MTRS)

Mar 06
A Look At The Intrinsic Value Of Munters Group AB (publ) (STO:MTRS)

Returns At Munters Group (STO:MTRS) Are On The Way Up

Feb 21
Returns At Munters Group (STO:MTRS) Are On The Way Up
User avatar

Data Center And FoodTech Segments Will Drive Future Success

Strategic growth in Data Center and FoodTech segments, with a focus on US market expansion and successful integration of Geoclima, signals strong future revenue potential.

Earnings Tell The Story For Munters Group AB (publ) (STO:MTRS)

Feb 05
Earnings Tell The Story For Munters Group AB (publ) (STO:MTRS)

When Should You Buy Munters Group AB (publ) (STO:MTRS)?

Dec 24
When Should You Buy Munters Group AB (publ) (STO:MTRS)?

Munters Group (STO:MTRS) Seems To Use Debt Quite Sensibly

Nov 27
Munters Group (STO:MTRS) Seems To Use Debt Quite Sensibly

Investors Will Want Munters Group's (STO:MTRS) Growth In ROCE To Persist

Nov 14
Investors Will Want Munters Group's (STO:MTRS) Growth In ROCE To Persist

Why We're Not Concerned Yet About Munters Group AB (publ)'s (STO:MTRS) 25% Share Price Plunge

Oct 31
Why We're Not Concerned Yet About Munters Group AB (publ)'s (STO:MTRS) 25% Share Price Plunge

Shareholder Returns

MTRSSE BuildingSE Market
7D3.3%-4.3%-3.7%
1Y61.5%14.7%11.8%

Return vs Industry: MTRS exceeded the Swedish Building industry which returned 14.7% over the past year.

Return vs Market: MTRS exceeded the Swedish Market which returned 11.8% over the past year.

Price Volatility

Is MTRS's price volatile compared to industry and market?
MTRS volatility
MTRS Average Weekly Movement6.6%
Building Industry Average Movement5.2%
Market Average Movement6.6%
10% most volatile stocks in SE Market12.7%
10% least volatile stocks in SE Market3.8%

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

Volatility Over Time: MTRS's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19555,045Klas Forsstromwww.munters.com

Munters Group AB (publ) provides climate solutions in the Americas, Europe, the Middle East, Africa, and Asia-pacific. The company operates through three segments: AirTech, Data Center Technologies, and FoodTech. It offers industrial and commercial dehumidification and climate control products, such as air cleaning and inlet systems, air pollution control and VOC abatement solutions, controllers and automations, coolers and humidifiers, dehumidifiers, fans, heaters, heat exchangers, mass transfer equipment, and mist eliminators.

Munters Group AB (publ) Fundamentals Summary

How do Munters Group's earnings and revenue compare to its market cap?
MTRS fundamental statistics
Market capSEK 36.53b
Earnings (TTM)SEK 481.00m
Revenue (TTM)SEK 14.58b
75.9x
P/E Ratio
2.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MTRS income statement (TTM)
RevenueSEK 14.58b
Cost of RevenueSEK 10.14b
Gross ProfitSEK 4.44b
Other ExpensesSEK 3.96b
EarningsSEK 481.00m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 17, 2026

Earnings per share (EPS)2.64
Gross Margin30.46%
Net Profit Margin3.30%
Debt/Equity Ratio118.8%

How did MTRS perform over the long term?

See historical performance and comparison

Dividends

0.8%
Current Dividend Yield
61%
Payout Ratio

Does MTRS pay a reliable dividends?

See MTRS dividend history and benchmarks
When do you need to buy MTRS by to receive an upcoming dividend?
Munters Group dividend dates
Ex Dividend DateMay 04 2026
Dividend Pay DateMay 08 2026
Days until Ex dividend3 days
Days until Dividend pay date7 days

Does MTRS pay a reliable dividends?

See MTRS dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 23:06
End of Day Share Price 2026/04/30 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

Munters Group AB (publ) is covered by 11 analysts. 7 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
Simon JonssonBerenberg
Kenneth Toll JohanssonCarnegie Investment Bank AB