Troax Group AB (publ)

OM:TROAX Stock Report

Market Cap: SEK 6.3b

Troax Group Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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 TROAX 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: TROAX (SEK105.4) is trading below our estimate of future cash flow value (SEK197.06)

Significantly Below Future Cash Flow Value: TROAX is trading below future cash flow value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TROAX. This is calculated by dividing TROAX's market cap by their current earnings.
What is TROAX's PE Ratio?
PE Ratio42.9x
Earnings€13.50m
Market Cap€579.75m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TROAX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.3x
XANO B XANO Industri
19.7xn/aSEK 3.5b
ALIG Alimak Group
19.9x13.06%SEK 12.0b
EPRO B Electrolux Professional
21.5x18.83%SEK 15.8b
BEIA B Beijer Alma
28x14.94%SEK 15.9b
TROAX Troax Group
42.9x32.64%SEK 6.3b

Price-To-Earnings vs Peers: TROAX is expensive based on its Price-To-Earnings Ratio (42.9x) compared to the peer average (22.3x).

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 TROAX's PE Ratio compare vs other companies in the SE Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
TROAX 42.9xIndustry Avg. 24.6xNo. of Companies4PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TROAX is expensive based on its Price-To-Earnings Ratio (42.9x) compared to the Swedish Machinery industry average (24.6x).

Price to Earnings Ratio vs Fair Ratio

What is TROAX'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.

TROAX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio42.9x
Fair PE Ratio35.7x

Price-To-Earnings vs Fair Ratio: TROAX is expensive based on its Price-To-Earnings Ratio (42.9x) compared to the estimated Fair Price-To-Earnings Ratio (35.7x).

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 TROAX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 105.40
SEK 156.29
+48.28%
6.30%SEK 169.27SEK 145.46n/a3
Apr ’27SEK 100.00
SEK 156.29
+56.29%
6.30%SEK 169.27SEK 145.46n/a3
Mar ’27SEK 101.40
SEK 158.01
+55.83%
7.69%SEK 168.86SEK 141.05n/a3
Feb ’27SEK 145.00
SEK 195.33
+34.71%
6.60%SEK 213.20SEK 183.24n/a3
Jan ’27SEK 149.00
SEK 190.83
+28.07%
4.09%SEK 200.79SEK 181.72n/a3
Dec ’26SEK 139.00
SEK 190.83
+37.28%
4.09%SEK 200.79SEK 181.72n/a3
Nov ’26SEK 144.60
SEK 190.83
+31.97%
4.09%SEK 200.79SEK 181.72n/a3
Oct ’26SEK 138.00
SEK 195.37
+41.57%
3.17%SEK 199.93SEK 186.61n/a3
Sep ’26SEK 142.60
SEK 195.37
+37.01%
3.17%SEK 199.93SEK 186.61n/a3
Aug ’26SEK 134.40
SEK 195.37
+45.37%
3.17%SEK 199.93SEK 186.61n/a3
Jul ’26SEK 147.40
SEK 203.20
+37.86%
4.46%SEK 213.27SEK 191.31n/a3
Jun ’26SEK 159.60
SEK 189.48
+18.72%
9.83%SEK 208.23SEK 159.13n/a4
May ’26SEK 134.20
SEK 196.07
+46.10%
10.73%SEK 212.61SEK 160.29n/a4
Apr ’26SEK 176.80
SEK 250.53
+41.70%
6.60%SEK 271.27SEK 230.80SEK 100.003
Mar ’26SEK 193.20
SEK 261.22
+35.21%
6.62%SEK 280.15SEK 238.36SEK 101.403
Feb ’26SEK 234.00
SEK 260.10
+11.15%
5.81%SEK 275.75SEK 239.67SEK 145.003
Jan ’26SEK 225.00
SEK 249.76
+11.01%
10.06%SEK 278.26SEK 212.64SEK 149.004
Dec ’25SEK 208.50
SEK 249.76
+19.79%
10.06%SEK 278.26SEK 212.64SEK 139.004
Nov ’25SEK 220.50
SEK 249.85
+13.31%
10.39%SEK 280.17SEK 214.10SEK 144.604
Oct ’25SEK 208.00
SEK 260.82
+25.39%
8.55%SEK 287.26SEK 232.72SEK 138.003
Sep ’25SEK 221.50
SEK 263.86
+19.12%
8.50%SEK 290.50SEK 235.62SEK 142.603
Aug ’25SEK 236.00
SEK 270.36
+14.56%
9.37%SEK 297.83SEK 236.73SEK 134.403
Jul ’25SEK 240.00
SEK 256.52
+6.88%
9.05%SEK 289.14SEK 236.91SEK 147.403
Jun ’25SEK 251.50
SEK 265.40
+5.53%
9.28%SEK 299.86SEK 243.81SEK 159.603
May ’25SEK 223.00
SEK 265.40
+19.01%
9.28%SEK 299.86SEK 243.81SEK 134.203
Apr ’25SEK 246.20
SEK 249.03
+1.15%
3.09%SEK 254.48SEK 238.14SEK 176.803
SEK 156.29
Fair Value
32.6% undervalued intrinsic discount
3
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 Analysis2026/04/13 10:51
End of Day Share Price 2026/04/10 00:00
Earnings2025/12/31
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

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.

AnalystInstitution
Simon JonssonBerenberg
Kristofer Liljeberg-SvenssonCarnegie Investment Bank AB
Kenneth Toll JohanssonCarnegie Investment Bank AB