Nederman Holding Future Growth
Future criteria checks 4/6
Nederman Holding is forecast to grow earnings and revenue by 21.7% and 5.3% per annum respectively. EPS is expected to grow by 21.7% per annum. Return on equity is forecast to be 12.5% in 3 years.
Key information
21.7%
Earnings growth rate
21.68%
EPS growth rate
| Building earnings growth | 13.5% |
| Revenue growth rate | 5.3% |
| Future return on equity | 12.54% |
| Analyst coverage | Low |
| Last updated | 17 Jul 2026 |
Recent future growth updates
Recent updates
Analysis Article • Feb 15
Nederman Holding AB (publ) (STO:NMAN) Released Earnings Last Week And Analysts Lifted Their Price Target To kr170
Investors in Nederman Holding AB (publ) ( STO:NMAN ) had a good week, as its shares rose 2.9% to close at kr147...
New Narrative • Jan 27
Long Term Air Quality And Circular Economy Demand Will Support This Undervalued Filtration Supplier
Catalysts About Nederman Holding Nederman Holding supplies industrial air filtration, ducting, monitoring and related services that help customers manage emissions and energy use in their facilities. What are the underlying business or industry changes driving this perspective?Analysis Article • Jun 17
Nederman Holding (STO:NMAN) Has More To Do To Multiply In Value Going Forward
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...Analysis Article • Apr 24
Nederman Holding's (STO:NMAN) Dividend Will Be Increased To SEK4.00
The board of Nederman Holding AB (publ) ( STO:NMAN ) has announced that it will be paying its dividend of SEK4.00 on...Analysis Article • Apr 23
Here's Why Some Shareholders May Not Be Too Generous With Nederman Holding AB (publ)'s (STO:NMAN) CEO Compensation This Year
Key Insights Nederman Holding will host its Annual General Meeting on 29th of April Total pay for CEO Sven Kristensson...Analysis Article • Mar 28
Nederman Holding's (STO:NMAN) Dividend Will Be Increased To SEK4.00
The board of Nederman Holding AB (publ) ( STO:NMAN ) has announced that it will be paying its dividend of SEK4.00 on...Analysis Article • Mar 11
Nederman Holding (STO:NMAN) Seems To Use Debt Quite Sensibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...New Narrative • Feb 27
Nederman: Cautiously Overvalued Amid Modest Growth and Margin uncertainties
Industry Tailwinds: Nederman is poised to benefit from increasing global awareness and regulatory demands for improved air quality. Industries are investing in advanced air filtration systems to enhanAnalysis Article • Feb 14
Calculating The Intrinsic Value Of Nederman Holding AB (publ) (STO:NMAN)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Nederman Holding fair value estimate is kr209 With kr232 share...Analysis Article • Oct 15
Nederman Holding (STO:NMAN) Is Looking To Continue Growing Its Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...Analysis Article • Jun 20
Estimating The Intrinsic Value Of Nederman Holding AB (publ) (STO:NMAN)
Key Insights Nederman Holding's estimated fair value is kr198 based on 2 Stage Free Cash Flow to Equity Current share...Analysis Article • Apr 25
Nederman Holding (STO:NMAN) Is Increasing Its Dividend To SEK3.95
The board of Nederman Holding AB (publ) ( STO:NMAN ) has announced that it will be paying its dividend of SEK3.95 on...Analysis Article • Apr 20
Shareholders Will Probably Not Have Any Issues With Nederman Holding AB (publ)'s (STO:NMAN) CEO Compensation
Key Insights Nederman Holding to hold its Annual General Meeting on 26th of April Total pay for CEO Sven Kristensson...Analysis Article • Mar 17
Nederman Holding (STO:NMAN) Is Increasing Its Dividend To SEK3.95
Nederman Holding AB (publ) ( STO:NMAN ) has announced that it will be increasing its dividend from last year's...Analysis Article • Feb 22
Nederman Holding (STO:NMAN) Will Pay A Larger Dividend Than Last Year At SEK3.95
Nederman Holding AB (publ)'s ( STO:NMAN ) dividend will be increasing from last year's payment of the same period to...Analysis Article • Nov 25
Investors Met With Slowing Returns on Capital At Nederman Holding (STO:NMAN)
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...Analysis Article • Jul 28
Does Nederman Holding (STO:NMAN) Deserve A Spot On Your Watchlist?
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Analysis Article • Jun 06
Nederman Holding (STO:NMAN) Has A Pretty Healthy Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Apr 05
Nederman Holding (STO:NMAN) Is Increasing Its Dividend To SEK3.75
Nederman Holding AB (publ) ( STO:NMAN ) has announced that it will be increasing its dividend from last year's...Analysis Article • Mar 16
Some Investors May Be Worried About Nederman Holding's (STO:NMAN) Returns On Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Analysis Article • Feb 19
Nederman Holding (STO:NMAN) Will Pay A Larger Dividend Than Last Year At SEK3.75
Nederman Holding AB (publ) ( STO:NMAN ) will increase its dividend from last year's comparable payment on the 2nd of...Analysis Article • Jan 21
Nederman Holding (STO:NMAN) Seems To Use Debt Quite Sensibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Oct 25
Be Wary Of Nederman Holding (STO:NMAN) And Its Returns On Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2028 | 6,316 | 400 | 341 | 534 | 1 |
| 12/31/2027 | 5,930 | 308 | 313 | 504 | 1 |
| 12/31/2026 | 5,624 | 241 | 171 | 371 | 1 |
| 6/30/2026 | 5,557 | 245 | 175 | 357 | N/A |
| 3/31/2026 | 5,634 | 261 | 148 | 347 | N/A |
| 12/31/2025 | 5,783 | 274 | 156 | 382 | N/A |
| 9/30/2025 | 5,899 | 296 | 149 | 443 | N/A |
| 6/30/2025 | 5,881 | 287 | 217 | 501 | N/A |
| 3/31/2025 | 5,909 | 314 | 238 | 516 | N/A |
| 12/31/2024 | 5,900 | 345 | 331 | 596 | N/A |
| 9/30/2024 | 5,781 | 335 | 353 | 563 | N/A |
| 6/30/2024 | 5,939 | 350 | 312 | 519 | N/A |
| 3/31/2024 | 6,103 | 353 | 343 | 543 | N/A |
| 12/31/2023 | 6,188 | 341 | 381 | 576 | N/A |
| 9/30/2023 | 6,203 | 355 | 254 | 452 | N/A |
| 6/30/2023 | 6,026 | 362 | 229 | 433 | N/A |
| 3/31/2023 | 5,567 | 336 | 294 | 482 | N/A |
| 12/31/2022 | 5,179 | 329 | 175 | 346 | N/A |
| 9/30/2022 | 4,815 | 322 | 263 | 417 | N/A |
| 6/30/2022 | 4,463 | 311 | 277 | 405 | N/A |
| 3/31/2022 | 4,268 | 319 | 324 | 438 | N/A |
| 12/31/2021 | 4,042 | 305 | 411 | 520 | N/A |
| 9/30/2021 | 3,830 | 276 | 443 | 547 | N/A |
| 6/30/2021 | 3,611 | 227 | 402 | 506 | N/A |
| 3/31/2021 | 3,562 | 133 | 282 | 388 | N/A |
| 12/31/2020 | 3,675 | 110 | 219 | 328 | N/A |
| 9/30/2020 | 3,821 | 128 | 246 | 346 | N/A |
| 6/30/2020 | 4,084 | 149 | 299 | 406 | N/A |
| 3/31/2020 | 4,252 | 214 | N/A | 380 | N/A |
| 12/31/2019 | 4,308 | 226 | N/A | 321 | N/A |
| 9/30/2019 | 4,290 | 243 | N/A | 296 | N/A |
| 6/30/2019 | 4,037 | 223 | N/A | 216 | N/A |
| 3/31/2019 | 3,805 | 212 | N/A | 217 | N/A |
| 12/31/2018 | 3,554 | 203 | N/A | 271 | N/A |
| 9/30/2018 | 3,345 | 187 | N/A | 234 | N/A |
| 6/30/2018 | 3,278 | 196 | N/A | 256 | N/A |
| 3/31/2018 | 3,174 | 191 | N/A | 321 | N/A |
| 12/31/2017 | 3,149 | 186 | N/A | 279 | N/A |
| 9/30/2017 | 3,109 | 174 | N/A | 292 | N/A |
| 6/30/2017 | 3,132 | 179 | N/A | 265 | N/A |
| 3/31/2017 | 3,143 | 184 | N/A | 201 | N/A |
| 12/31/2016 | 3,107 | 172 | N/A | 240 | N/A |
| 9/30/2016 | 3,186 | 172 | N/A | 135 | N/A |
| 6/30/2016 | 3,191 | 153 | N/A | 112 | N/A |
| 3/31/2016 | 3,196 | 149 | N/A | 96 | N/A |
| 12/31/2015 | 3,198 | 153 | N/A | 81 | N/A |
| 9/30/2015 | 3,106 | 139 | N/A | 127 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NMAN's forecast earnings growth (21.7% per year) is above the savings rate (2%).
Earnings vs Market: NMAN's earnings (21.7% per year) are forecast to grow faster than the Swedish market (7.3% per year).
High Growth Earnings: NMAN's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NMAN's revenue (5.3% per year) is forecast to grow faster than the Swedish market (-1.5% per year).
High Growth Revenue: NMAN's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NMAN's Return on Equity is forecast to be low in 3 years time (12.5%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/22 09:38 |
| End of Day Share Price | 2026/07/22 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Nederman Holding AB (publ) is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sofia Sörling | DNB Carnegie |
| Anna Widstrom | DNB Carnegie |