Munters Group AB (publ)

OM:MTRS Stock Report

Market Cap: SEK 24.2b

Munters Group Management

Management criteria checks 2/4

Munters Group's CEO is Klas Forsstrom, appointed in Aug 2019, has a tenure of 5.75 years. total yearly compensation is SEK29.43M, comprised of 29.8% salary and 70.2% bonuses, including company stock and options. directly owns 0.1% of the company’s shares, worth SEK24.19M. The average tenure of the management team and the board of directors is 2.3 years and 3 years respectively.

Key information

Klas Forsstrom

Chief executive officer

SEK 29.4m

Total compensation

CEO salary percentage29.8%
CEO tenure5.8yrs
CEO ownership0.1%
Management average tenure2.3yrs
Board average tenure3yrs

Recent management updates

Recent updates

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
author-image

Data Center And FoodTech Segments Will Drive Future Success

Feb 09 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

Munters Group AB (publ) Just Missed EPS By 24%: Here's What Analysts Think Will Happen Next

Oct 25
Munters Group AB (publ) Just Missed EPS By 24%: Here's What Analysts Think Will Happen Next

Calculating The Fair Value Of Munters Group AB (publ) (STO:MTRS)

Oct 15
Calculating The Fair Value Of Munters Group AB (publ) (STO:MTRS)

Does Munters Group (STO:MTRS) Deserve A Spot On Your Watchlist?

Oct 03
Does Munters Group (STO:MTRS) Deserve A Spot On Your Watchlist?

Should You Investigate Munters Group AB (publ) (STO:MTRS) At kr220?

Sep 20
Should You Investigate Munters Group AB (publ) (STO:MTRS) At kr220?

What You Can Learn From Munters Group AB (publ)'s (STO:MTRS) P/E

Sep 08
What You Can Learn From Munters Group AB (publ)'s (STO:MTRS) P/E

Here's Why Munters Group (STO:MTRS) Can Manage Its Debt Responsibly

Aug 27
Here's Why Munters Group (STO:MTRS) Can Manage Its Debt Responsibly

Is Munters Group AB (publ) (STO:MTRS) Potentially Undervalued?

Jun 22
Is Munters Group AB (publ) (STO:MTRS) Potentially Undervalued?

We Like These Underlying Return On Capital Trends At Munters Group (STO:MTRS)

Jun 10
We Like These Underlying Return On Capital Trends At Munters Group (STO:MTRS)

Earnings Tell The Story For Munters Group AB (publ) (STO:MTRS) As Its Stock Soars 38%

May 23
Earnings Tell The Story For Munters Group AB (publ) (STO:MTRS) As Its Stock Soars 38%

Munters Group AB (publ) (STO:MTRS) Shares Could Be 33% Above Their Intrinsic Value Estimate

May 09
Munters Group AB (publ) (STO:MTRS) Shares Could Be 33% Above Their Intrinsic Value Estimate

Munters Group AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Apr 26
Munters Group AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

Here's Why Munters Group AB (publ)'s (STO:MTRS) CEO May Deserve A Raise

Mar 15
Here's Why Munters Group AB (publ)'s (STO:MTRS) CEO May Deserve A Raise

Is Munters Group (STO:MTRS) A Risky Investment?

Mar 11
Is Munters Group (STO:MTRS) A Risky Investment?

Munters Group AB (publ)'s (STO:MTRS) Price In Tune With Earnings

Jan 25
Munters Group AB (publ)'s (STO:MTRS) Price In Tune With Earnings

Munters Group's (STO:MTRS) Returns On Capital Are Heading Higher

Jan 11
Munters Group's (STO:MTRS) Returns On Capital Are Heading Higher

What Does Munters Group AB (publ)'s (STO:MTRS) Share Price Indicate?

Dec 29
What Does Munters Group AB (publ)'s (STO:MTRS) Share Price Indicate?

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

Oct 31
Munters Group (STO:MTRS) Seems To Use Debt Quite Sensibly

Calculating The Fair Value Of Munters Group AB (publ) (STO:MTRS)

Oct 06
Calculating The Fair Value Of Munters Group AB (publ) (STO:MTRS)

Munters Group's (STO:MTRS) Returns On Capital Are Heading Higher

Sep 24
Munters Group's (STO:MTRS) Returns On Capital Are Heading Higher

Is Munters Group AB (publ) (STO:MTRS) Potentially Undervalued?

Sep 09
Is Munters Group AB (publ) (STO:MTRS) Potentially Undervalued?

Munters Group (STO:MTRS) Has A Pretty Healthy Balance Sheet

Jul 18
Munters Group (STO:MTRS) Has A Pretty Healthy Balance Sheet

Is Munters Group AB (publ) (STO:MTRS) Expensive For A Reason? A Look At Its Intrinsic Value

Jul 06
Is Munters Group AB (publ) (STO:MTRS) Expensive For A Reason? A Look At Its Intrinsic Value

Returns Are Gaining Momentum At Munters Group (STO:MTRS)

Jun 24
Returns Are Gaining Momentum At Munters Group (STO:MTRS)

CEO Compensation Analysis

How has Klas Forsstrom's remuneration changed compared to Munters Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

SEK 942m

Dec 31 2024SEK 29mSEK 9m

SEK 973m

Sep 30 2024n/an/a

SEK 871m

Jun 30 2024n/an/a

SEK 868m

Mar 31 2024n/an/a

SEK 794m

Dec 31 2023SEK 20mSEK 8m

SEK 784m

Sep 30 2023n/an/a

SEK 858m

Jun 30 2023n/an/a

SEK 773m

Mar 31 2023n/an/a

SEK 687m

Dec 31 2022SEK 15mSEK 8m

SEK 577m

Sep 30 2022n/an/a

SEK 582m

Jun 30 2022n/an/a

SEK 544m

Mar 31 2022n/an/a

SEK 457m

Dec 31 2021SEK 15mSEK 7m

SEK 513m

Sep 30 2021n/an/a

SEK 549m

Jun 30 2021n/an/a

SEK 574m

Mar 31 2021n/an/a

SEK 529m

Dec 31 2020SEK 17mSEK 7m

SEK 426m

Sep 30 2020n/an/a

SEK 334m

Jun 30 2020n/an/a

SEK 270m

Mar 31 2020n/an/a

SEK 335m

Dec 31 2019SEK 14mSEK 3m

SEK 282m

Compensation vs Market: Klas's total compensation ($USD3.06M) is above average for companies of similar size in the Swedish market ($USD1.44M).

Compensation vs Earnings: Klas's compensation has increased by more than 20% in the past year.

CEO

Klas Forsstrom (57 yo)

5.8yrs

Tenure

SEK 29,434,000

Compensation

Mr. Klas Forsstrom is Independent Director of Nolato AB (publ) from May 6, 2024. Mr. Forsstrom joined the Nolato AB (publ) on May 6, 2024. Mr. Forsstrom has been the President and Chief Executive Officer a...

Leadership Team

NamePositionTenureCompensationOwnership
Klas Forsstrom
President & CEO5.8yrsSEK 29.43m0.10%
SEK 24.2m
Katharina Fischer
Group VP & CFO2.3yrsno data0.0015%
SEK 365.2k
Line Dovarn
Head of Investor Relationsless than a yearno datano data
Kaspar Kirchmann
Group Vice President of Legal & Counselless than a yearno datano data
Susann Johnsson
Group Vice President of Communications & Brandless than a yearno datano data
Grete Stoltz
Group Vice President of HR & Sustainability3.6yrsno data0.0016%
SEK 394.2k
Pia Linder
Group VP & President of FoodTech4.8yrsno data0.0026%
SEK 616.8k
Stefan Aspman
Group VP & President of Data Center Technologies2.3yrsno data0.0022%
SEK 529.7k
Henrik Teiwik
Group VP & President for AirTech2.8yrsno data0.0063%
SEK 1.5m
Andrew Cook
Senior Vice President of AirTech Americasno datano datano data
Lee Suffolk
Senior Vice President of AirTech-EMEAno datano datano data
Markus Karbach
Business Unit Manager & MD of EMEAno datano datano data

2.3yrs

Average Tenure

52yo

Average Age

Experienced Management: MTRS's management team is considered experienced (2.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Magnus Nicolin
Chairman of the Board3yrsSEK 1.51m0.011%
SEK 2.7m
Ingrid Fasth-Gillstedt
Independent Director8.3yrsSEK 751.00k0.0027%
SEK 662.7k
Kristian Sildeby
Director8yrsSEK 794.00k0.0066%
SEK 1.6m
Robert Wahlgren
Employee Representative Director15.3yrsno datano data
Simon Henriksson
Employee Representative Director8.3yrsno data0.00019%
SEK 46.0k
Maria Hakansson
Independent Director3yrsSEK 637.00k0.0016%
SEK 396.7k
Anders Lindqvist
Independent Director3yrsSEK 556.00k0.0016%
SEK 396.7k
Sabine Aissaoui
Independent Director2yrsSEK 634.00kno data
Elizabeth Nugent
Independent Director1.2yrsSEK 437.00kno data
Julia Jakobsson
Employee Representative Deputy Director1.3yrsno datano data
Sara Boije
Employee Representative Deputy Director1.3yrsno datano data

3.0yrs

Average Tenure

51yo

Average Age

Experienced Board: MTRS's board of directors are considered experienced (3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/05 08:46
End of Day Share Price 2025/05/02 00:00
Earnings2025/03/31
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

Munters Group AB (publ) is covered by 10 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
null nullABG Sundal Collier
Karl VikströmBerenberg
Kenneth Toll JohanssonCarnegie Investment Bank AB