Systemair AB (publ)

OM:SYSR Stock Report

Market Cap: SEK 14.7b

Systemair Valuation

Is SYSR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of SYSR when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: SYSR (SEK71) is trading below our estimate of future cash flow value (SEK79.81)

Significantly Below Future Cash Flow Value: SYSR is trading below future cash flow value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SYSR?

Key metric: As SYSR is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SYSR. This is calculated by dividing SYSR's market cap by their current earnings.
What is SYSR's PE Ratio?
PE Ratio21.3x
EarningsSEK 691.90m
Market CapSEK 14.73b

Price to Earnings Ratio vs Peers

How does SYSR's PE Ratio compare to its peers?

The above table shows the PE ratio for SYSR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.7x
LIAB Lindab International
15.4x14.23%SEK 11.7b
INWI Inwido
15.8x15.83%SEK 8.1b
MTRS Munters Group
75.9x43.23%SEK 36.5b
NMAN Nederman Holding
15.7x18.22%SEK 4.1b
SYSR Systemair
21.3x19.08%SEK 14.7b

Price-To-Earnings vs Peers: SYSR is good value based on its Price-To-Earnings Ratio (21.3x) compared to the peer average (30.7x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does SYSR's PE Ratio compare vs other companies in the European Building Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
SYSR 21.3xIndustry Avg. 21.0xNo. of Companies10PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SYSR is expensive based on its Price-To-Earnings Ratio (21.3x) compared to the European Building industry average (21x).

Price to Earnings Ratio vs Fair Ratio

What is SYSR's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SYSR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.3x
Fair PE Ratio25.7x

Price-To-Earnings vs Fair Ratio: SYSR is good value based on its Price-To-Earnings Ratio (21.3x) compared to the estimated Fair Price-To-Earnings Ratio (25.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SYSR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 71.00
SEK 97.25
+36.97%
6.40%SEK 106.00SEK 90.00n/a4
Apr ’27SEK 72.00
SEK 97.25
+35.07%
6.40%SEK 106.00SEK 90.00n/a4
Mar ’27SEK 84.40
SEK 97.50
+15.52%
9.90%SEK 110.00SEK 83.00n/a4
Feb ’27SEK 86.60
SEK 97.50
+12.59%
9.90%SEK 110.00SEK 83.00n/a4
Jan ’27SEK 87.10
SEK 97.50
+11.94%
9.90%SEK 110.00SEK 83.00n/a4
Dec ’26SEK 77.40
SEK 92.67
+19.72%
7.70%SEK 100.00SEK 83.00n/a3
Nov ’26SEK 78.10
SEK 95.33
+22.07%
9.24%SEK 103.00SEK 83.00n/a3
Oct ’26SEK 78.90
SEK 95.33
+20.83%
9.24%SEK 103.00SEK 83.00n/a3
Sep ’26SEK 85.60
SEK 95.33
+11.37%
9.24%SEK 103.00SEK 83.00n/a3
Aug ’26SEK 95.30
SEK 95.33
+0.035%
7.68%SEK 101.00SEK 85.00n/a3
Jul ’26SEK 86.50
SEK 95.33
+10.21%
7.68%SEK 101.00SEK 85.00n/a3
Jun ’26SEK 89.10
SEK 99.67
+11.86%
10.69%SEK 110.00SEK 85.00n/a3
May ’26SEK 82.20
SEK 98.40
+19.71%
10.38%SEK 110.00SEK 85.00SEK 71.005
Apr ’26SEK 76.20
SEK 100.00
+31.23%
8.46%SEK 110.00SEK 90.00SEK 72.005
Mar ’26SEK 81.50
SEK 102.80
+26.13%
6.52%SEK 110.00SEK 93.00SEK 84.405
Feb ’26SEK 84.60
SEK 102.80
+21.51%
6.52%SEK 110.00SEK 93.00SEK 86.605
Jan ’26SEK 88.70
SEK 102.80
+15.90%
6.52%SEK 110.00SEK 93.00SEK 87.105
Dec ’25SEK 91.50
SEK 92.75
+1.37%
9.20%SEK 110.00SEK 85.00SEK 77.406
Nov ’25SEK 81.50
SEK 88.70
+8.83%
4.15%SEK 95.00SEK 85.00SEK 78.105
Oct ’25SEK 88.90
SEK 88.70
-0.22%
4.15%SEK 95.00SEK 85.00SEK 78.905
Sep ’25SEK 79.00
SEK 88.70
+12.28%
4.15%SEK 95.00SEK 85.00SEK 85.605
Aug ’25SEK 78.50
SEK 88.50
+12.74%
4.14%SEK 95.00SEK 85.00SEK 95.305
Jul ’25SEK 77.50
SEK 88.10
+13.68%
4.66%SEK 95.00SEK 83.00SEK 86.505
Jun ’25SEK 78.50
SEK 83.75
+6.69%
4.73%SEK 89.00SEK 78.00SEK 89.104
May ’25SEK 75.00
SEK 83.75
+11.67%
4.73%SEK 89.00SEK 78.00SEK 82.204
SEK 97.25
Fair Value
27.0% undervalued intrinsic discount
4
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/02 09:09
End of Day Share Price 2026/04/30 00:00
Earnings2026/01/31
Annual Earnings2025/04/30

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

Systemair AB (publ) is covered by 7 analysts. 3 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
Douglas LindahlDNB Carnegie
Sofia SörlingDNB Carnegie