Troax Group (TROAX) Stock Overview
Through its subsidiaries, produces and sells mesh panels in the Nordic region, the United Kingdom, North America, Europe, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
TROAX Community Fair Values
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Analyst Price Targets
Troax Group AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 112.60 |
| 52 Week High | SEK 164.00 |
| 52 Week Low | SEK 88.60 |
| Beta | 1.19 |
| 1 Month Change | 7.03% |
| 3 Month Change | 17.29% |
| 1 Year Change | -29.36% |
| 3 Year Change | -49.87% |
| 5 Year Change | -60.63% |
| Change since IPO | 328.95% |
Recent News & Updates
Narrative Update • Jun 04
TROAX: Sustainable Guarding Solutions Will Support Margins And Future Dividend Appeal
Analysts now keep the fair value estimate for Troax Group steady at SEK149.99, with a slightly lower discount rate and a small adjustment to the assumed future P/E multiple shaping the updated price target view. What's in the News Troax launched Smart Fix Re:Cycled, described as the world's first machine guarding mesh panel made entirely from recycled and low emission materials, as part of its Re:Guarding programme for more sustainable industrial safety solutions.Narrative Update • May 08
TROAX: Reshoring And Automation Will Support Stronger Margins And Dividend Appeal
Analysts have adjusted their price target for Troax Group to SEK149.99 from SEK152.03, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E multiples. What's in the News The Annual General Meeting on 22 April 2026 approved a dividend of €0.24 per share.Recent updates
Narrative Update • Jun 04
TROAX: Sustainable Guarding Solutions Will Support Margins And Future Dividend Appeal
Analysts now keep the fair value estimate for Troax Group steady at SEK149.99, with a slightly lower discount rate and a small adjustment to the assumed future P/E multiple shaping the updated price target view. What's in the News Troax launched Smart Fix Re:Cycled, described as the world's first machine guarding mesh panel made entirely from recycled and low emission materials, as part of its Re:Guarding programme for more sustainable industrial safety solutions.Narrative Update • May 08
TROAX: Reshoring And Automation Will Support Stronger Margins And Dividend Appeal
Analysts have adjusted their price target for Troax Group to SEK149.99 from SEK152.03, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E multiples. What's in the News The Annual General Meeting on 22 April 2026 approved a dividend of €0.24 per share.Narrative Update • Apr 21
TROAX: Swedish Reshoring And Automation Will Drive Future Efficiency Upside
Analysts have trimmed their price target on Troax Group to SEK152 from about SEK156, reflecting slightly lower fair value estimates alongside minor adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Current CFO Anders Eklöf plans to leave Troax Group at the end of the first quarter of 2026, with Group Controller Carl-Henric Söderblom set to step in as interim CFO while the search for a permanent successor continues (company announcement).Narrative Update • Apr 05
TROAX: Swedish Reshoring And Automation Will Support Future Upside
Analysts have adjusted their price target for Troax Group slightly, with fair value now at SEK156.29 compared with the previous SEK158.01. The change reflects updated assumptions around discount rate, revenue growth, profit margin and future P/E multiples.Narrative Update • Mar 22
TROAX: Swedish Reshoring And Cost Savings Will Support Future Upside
Analysts have kept their SEK 158.01 price target for Troax Group broadly unchanged, with only minor tweaks to the discount rate and future P/E assumptions, which has led to a very small recalibration in their valuation approach. What's in the News Troax Group plans a CFO transition at the end of the first quarter of 2026, with current Group Controller Carl-Henric Söderblom set to become interim CFO when current CFO Anders Eklöf leaves.Narrative Update • Mar 07
TROAX: Swedish Production Shift And Cost Savings Will Support Future Upside
Analysts have kept their SEK 158.01 price target for Troax Group broadly unchanged, with only marginal tweaks to inputs such as the discount rate, long term revenue growth, profit margin and future P/E assumptions. What's in the News Troax plans a leadership transition in finance, with current Group Controller Carl-Henric Söderblom set to become interim CFO when Anders Eklöf leaves at the end of the first quarter of 2026, while the search for a permanent CFO continues (Key Developments).Narrative Update • Feb 21
TROAX: Swedish Production Hub And Cost Savings Will Support Future Repricing
Analysts have adjusted their price target on Troax Group to reflect a lower implied fair value of about SEK158 per share, down from roughly SEK181. They cite updated assumptions around a slightly higher discount rate, modestly different revenue growth and profit margin expectations, and a reduced future P/E multiple.Narrative Update • Feb 07
TROAX: Centralised Swedish Production Will Drive Future Efficiency And Earnings Repricing
Analysts have lowered their price target for Troax Group from about SEK 194.74 to about SEK 180.90, citing updated assumptions that combine higher projected revenue growth and a richer future P/E multiple with a lower profit margin and a slightly higher discount rate. What's in the News The Board of Directors suggests a dividend of €0.24 per share for the period January to December 2025, compared with €0.34 previously.Analysis Article • Jan 15
Troax Group AB (publ)'s (STO:TROAX) P/E Is On The Mark
When close to half the companies in Sweden have price-to-earnings ratios (or "P/E's") below 22x, you may consider Troax...Analysis Article • Dec 15
Why Troax Group AB (publ) (STO:TROAX) Could Be Worth Watching
Troax Group AB (publ) ( STO:TROAX ), might not be a large cap stock, but it saw a double-digit share price rise of over...Analysis Article • Nov 01
Analysts Are Updating Their Troax Group AB (publ) (STO:TROAX) Estimates After Its Third-Quarter Results
The third-quarter results for Troax Group AB (publ) ( STO:TROAX ) were released last week, making it a good time to...Analysis Article • Jun 13
Here's What To Make Of Troax Group's (STO:TROAX) Decelerating Rates Of Return
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Analysis Article • May 27
Calculating The Fair Value Of Troax Group AB (publ) (STO:TROAX)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Troax Group fair value estimate is kr163 With kr160 share...Analysis Article • Apr 26
Troax Group AB (publ) Just Missed EPS By 36%: Here's What Analysts Think Will Happen Next
It's shaping up to be a tough period for Troax Group AB (publ) ( STO:TROAX ), which a week ago released some...Analysis Article • Mar 30
Does Troax Group (STO:TROAX) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Mar 15
Is There Now An Opportunity In Troax Group AB (publ) (STO:TROAX)?
While Troax Group AB (publ) ( STO:TROAX ) might not have the largest market cap around , it received a lot of attention...
New Narrative • Mar 11
Acquisition Of ST&L Will Expand Service Offerings And Improve Machine Safety Capabilities
Strategic acquisitions and geographic expansion could boost Troax Group's revenue through enhanced service offerings and new market penetration.Analysis Article • Feb 28
Investor Optimism Abounds Troax Group AB (publ) (STO:TROAX) But Growth Is Lacking
When close to half the companies in Sweden have price-to-earnings ratios (or "P/E's") below 22x, you may consider Troax...Analysis Article • Feb 12
Here's What Analysts Are Forecasting For Troax Group AB (publ) (STO:TROAX) After Its Annual Results
Last week, you might have seen that Troax Group AB (publ) ( STO:TROAX ) released its yearly result to the market. The...Analysis Article • Jan 30
Returns At Troax Group (STO:TROAX) Appear To Be Weighed Down
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Analysis Article • Dec 05
Troax Group (STO:TROAX) Has A Pretty Healthy Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Analysis Article • Nov 16
Troax Group AB (publ) (STO:TROAX) Investors Are Less Pessimistic Than Expected
Troax Group AB (publ)'s ( STO:TROAX ) price-to-earnings (or "P/E") ratio of 35.7x might make it look like a strong sell...Analysis Article • Oct 25
Troax Group (STO:TROAX) Has More To Do To Multiply In Value Going Forward
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Aug 18
Troax Group AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models
Troax Group AB (publ) ( STO:TROAX ) missed earnings with its latest quarterly results, disappointing overly-optimistic...Analysis Article • Aug 16
Is Troax Group AB (publ) (STO:TROAX) Potentially Undervalued?
While Troax Group AB (publ) ( STO:TROAX ) might not have the largest market cap around , it saw significant share price...Analysis Article • Jul 29
We Think Troax Group (STO:TROAX) Can Stay On Top Of Its Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • May 27
Returns On Capital At Troax Group (STO:TROAX) Have Stalled
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...Analysis Article • May 12
Is Troax Group AB (publ) (STO:TROAX) Expensive For A Reason? A Look At Its Intrinsic Value
Key Insights The projected fair value for Troax Group is kr195 based on 2 Stage Free Cash Flow to Equity Current share...Analysis Article • Mar 22
At kr240, Is Troax Group AB (publ) (STO:TROAX) Worth Looking At Closely?
Troax Group AB (publ) ( STO:TROAX ), is not the largest company out there, but it saw a decent share price growth of...Analysis Article • Jan 16
Investors Shouldn't Overlook The Favourable Returns On Capital At Troax Group (STO:TROAX)
There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Analysis Article • Dec 06
Is Troax Group (STO:TROAX) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Oct 26
Are Troax Group AB (publ) (STO:TROAX) Investors Paying Above The Intrinsic Value?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Troax Group fair value estimate is kr134 Current share price...Analysis Article • Jul 06
Troax Group AB (publ)'s (STO:TROAX) Intrinsic Value Is Potentially 19% Below Its Share Price
Key Insights Troax Group's estimated fair value is kr164 based on 2 Stage Free Cash Flow to Equity Troax Group's kr203...Analysis Article • May 26
Why You Should Care About Troax Group's (STO:TROAX) Strong Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...Analysis Article • May 11
Troax Group (STO:TROAX) 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 • Mar 11
Are Troax Group AB (publ) (STO:TROAX) Investors Paying Above The Intrinsic Value?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Troax Group fair value estimate is kr162 Troax Group is...Shareholder Returns
| TROAX | SE Machinery | SE Market | |
|---|---|---|---|
| 7D | -0.4% | 0.4% | -1.1% |
| 1Y | -29.4% | 22.6% | 10.5% |
Return vs Industry: TROAX underperformed the Swedish Machinery industry which returned 22.6% over the past year.
Return vs Market: TROAX underperformed the Swedish Market which returned 10.5% over the past year.
Price Volatility
| TROAX volatility | |
|---|---|
| TROAX Average Weekly Movement | 4.3% |
| Machinery Industry Average Movement | 5.6% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in SE Market | 14.3% |
| 10% least volatile stocks in SE Market | 3.6% |
Stable Share Price: TROAX has not had significant price volatility in the past 3 months compared to the Swedish market.
Volatility Over Time: TROAX's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1955 | 1,400 | Martin Nystrom | www.troax.com |
Troax Group AB (publ), through its subsidiaries, produces and sells mesh panels in the Nordic region, the United Kingdom, North America, Europe, and internationally. The company offers machine guarding systems, including fixings, posts, panels, accessories, barrier protection, locks and switches, doors, quickguard aluminum, blueguard stainless steel, and belt conveyor guarding products, as well as smart fix, rapid fix, and strong fix systems; warehouse partitioning products, such as partition walls, anti-collapse systems, data centers, shelves, mezzanine, cage storages, single and double locker systems, and art storages; and warehouse partitioning system accessories that include raising and end raising foot UR/UX, corner bracket, cut profiles UR/UX, smart splice, tubes, extension bracket, power door, door closer partitioning, espagnolette, bracket double post, horizontal top panels, and secure fasteners. It also provides lock options comprising padlocks, cylinder locks electric strike, electromagnetic locks, panic bars, knobs and handles, Abloy EL460, and safe escape locks; Troax Classic mesh partitions; Troax Medium mesh partition systems; Troax Safe storage systems; vehicle and bicycle storage systems; and property protection accessories, including chipboard shelf, store room numbering, door system holder numberplate, door system kit silence, spare parts securing plates, door reinforcement, and door closers.
Troax Group AB (publ) Fundamentals Summary
| TROAX fundamental statistics | |
|---|---|
| Market cap | SEK 6.74b |
| Earnings (TTM) | SEK 108.68m |
| Revenue (TTM) | SEK 2.90b |
62.0x
P/E Ratio2.3x
P/S RatioIs TROAX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TROAX income statement (TTM) | |
|---|---|
| Revenue | €265.94m |
| Cost of Revenue | €170.30m |
| Gross Profit | €95.64m |
| Other Expenses | €85.69m |
| Earnings | €9.95m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 15, 2026
| Earnings per share (EPS) | 0.17 |
| Gross Margin | 35.96% |
| Net Profit Margin | 3.74% |
| Debt/Equity Ratio | 85.2% |
How did TROAX perform over the long term?
See historical performance and comparisonDividends
2.3%
Current Dividend Yield144%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/07 16:36 |
| End of Day Share Price | 2026/06/05 00:00 |
| Earnings | 2026/03/31 |
| 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
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
Troax Group AB (publ) is covered by 6 analysts. 4 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 |
|---|---|
| Simon Jonsson | Berenberg |
| Kristofer Liljeberg-Svensson | Carnegie Investment Bank AB |
| Kenneth Toll Johansson | Carnegie Investment Bank AB |