VBG Group AB (publ)

OM:VBG B Stock Report

Market Cap: SEK 7.7b

VBG Group Future Growth

Future criteria checks 3/6

VBG Group is forecast to grow earnings and revenue by 14.6% and 5.6% per annum respectively. EPS is expected to grow by 14.6% per annum. Return on equity is forecast to be 12.7% in 3 years.

Key information

14.6%

Earnings growth rate

14.57%

EPS growth rate

Machinery earnings growth12.9%
Revenue growth rate5.6%
Future return on equity12.68%
Analyst coverage

Low

Last updated30 Jun 2026

Recent future growth updates

Analysis Article Apr 30

VBG Group AB (publ) (STO:VBG B) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Last week, you might have seen that VBG Group AB (publ) ( STO:VBG B ) released its quarterly result to the market. The...
Analysis Article Oct 31

VBG Group AB (publ) Just Missed EPS By 16%: Here's What Analysts Think Will Happen Next

It's been a pretty great week for VBG Group AB (publ) ( STO:VBG B ) shareholders, with its shares surging 13% to kr363...
Analysis Article May 02

VBG Group AB (publ) Just Missed EPS By 8.6%: Here's What Analysts Think Will Happen Next

Last week, you might have seen that VBG Group AB (publ) ( STO:VBG B ) released its quarterly result to the market. The...

Recent updates

Narrative Update Jun 23

VBG B: Czech Production Consolidation Will Support Future Upside Repricing Potential

VBG Group's analyst price target has been held broadly steady around SEK 435. Analysts point to only minor tweaks in discount rate, revenue growth, profit margin and future P/E assumptions rather than any major shift in their overall view.
Narrative Update Jun 05

VBG B: New Czech Facility Consolidation Will Support Future Repricing Potential

Analysts have reiterated a price target of SEK435 for VBG Group, with only marginal tweaks to inputs such as discount rate, long term revenue growth, profit margin and future P/E supporting this unchanged view. What's in the News VBG Group plans to invest about SEK 200 million in a new production facility in Dobrany, Czech Republic, to consolidate Ringfeder Power Transmission manufacturing currently split between Neunkirchen, Germany, and Dobrany, Czech Republic.
Narrative Update May 14

VBG B: Higher Profitability Assumptions Will Support Future Repricing Potential

Analysts have trimmed their fair value estimate for VBG Group to SEK435 from SEK445, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E. Valuation Changes Fair Value: Trimmed slightly to SEK435 from SEK445.
Analysis Article Apr 30

VBG Group AB (publ) (STO:VBG B) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Last week, you might have seen that VBG Group AB (publ) ( STO:VBG B ) released its quarterly result to the market. The...
Narrative Update Apr 27

VBG B: Steady Assumptions And Higher P/E Will Support Future Repricing

Analysts have kept the VBG Group price target steady at SEK445. They point to slightly adjusted assumptions for the discount rate, revenue growth, profit margin and future P/E as the basis for this unchanged view.
Narrative Update Apr 12

VBG B: Stable Margins And Steady Assumptions Will Support Future Repricing

Analysts maintained the fair value for VBG Group at SEK445, making only minor adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions that support this stable price target assessment. Valuation Changes Fair Value: Held steady at SEK445, with no change between the previous and updated estimate.
Narrative Update Mar 27

VBG B: Stable Margins And Slightly Higher Discount Rate Will Support Repricing

Analysts have kept their SEK 445 price target for VBG Group broadly unchanged, reflecting only minor tweaks to underlying assumptions such as discount rate, revenue growth, profit margin and future P/E expectations. Valuation Changes Fair Value: SEK 445 remains unchanged, indicating no revision to the central valuation output.
Narrative Update Mar 13

VBG B: Stable Margins And Discount Rate Will Support Stronger Share Repricing

Analysts have kept their SEK 445.0 price target for VBG Group broadly unchanged, reflecting only small tweaks to assumptions such as discount rate, long term revenue growth, profit margin and future P/E expectations. Valuation Changes Fair Value: SEK 445.0 remains unchanged compared with the previous SEK 445.
Narrative Update Feb 27

VBG B: Higher Forward P/E Will Support Stronger Share Repricing

Analysts have slightly lowered their fair value estimate for VBG Group, adjusting the price target from SEK 450 to SEK 445 as they incorporate revised assumptions regarding revenue growth, profit margins and future P/E expectations. Valuation Changes Fair Value: Trimmed slightly from SEK 450 to SEK 445 per share.
Narrative Update Feb 12

VBG B: Higher Forward P/E Will Support Stronger Share Repricing

Analysts have lifted their price target on VBG Group from SEK 405 to SEK 450, citing updated assumptions on the discount rate, revenue growth, profit margin, and a revised future P/E estimate. Valuation Changes Fair Value: Updated from SEK 405 to SEK 450, representing a higher target level based on the revised assumptions.
Analysis Article Feb 07

Returns On Capital At VBG Group (STO:VBG B) Have Hit The Brakes

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 Oct 31

VBG Group AB (publ) Just Missed EPS By 16%: Here's What Analysts Think Will Happen Next

It's been a pretty great week for VBG Group AB (publ) ( STO:VBG B ) shareholders, with its shares surging 13% to kr363...
Analysis Article Sep 08

VBG Group (STO:VBG B) Seems To Use Debt Quite Sensibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
New Narrative Sep 01

North American Recovery And Global Expansion Will Drive Future Volumes

Key Takeaways Geographic expansion and recent acquisitions are set to diversify sales, enable cross-selling, and support sustained revenue and margin growth. Operational resilience and pricing power position the company to benefit from rising global demand for efficient transport solutions.
Analysis Article May 04

VBG Group (STO:VBG B) Is Increasing Its Dividend To SEK7.25

VBG Group AB (publ)'s ( STO:VBG B ) dividend will be increasing from last year's payment of the same period to SEK7.25...
Analysis Article May 02

VBG Group AB (publ) Just Missed EPS By 8.6%: Here's What Analysts Think Will Happen Next

Last week, you might have seen that VBG Group AB (publ) ( STO:VBG B ) released its quarterly result to the market. The...
Analysis Article Apr 20

VBG Group's (STO:VBG B) Shareholders Will Receive A Bigger Dividend Than Last Year

The board of VBG Group AB (publ) ( STO:VBG B ) has announced that it will be paying its dividend of SEK7.25 on the 20th...
Analysis Article Sep 09

Returns Are Gaining Momentum At VBG Group (STO:VBG B)

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 Aug 27

A Look At The Fair Value Of VBG Group AB (publ) (STO:VBG B)

Key Insights Using the 2 Stage Free Cash Flow to Equity, VBG Group fair value estimate is kr394 VBG Group's kr402 share...
Analysis Article Jun 26

VBG Group (STO:VBG B) Has A Rock Solid Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 05

If EPS Growth Is Important To You, VBG Group (STO:VBG B) Presents An Opportunity

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article May 21

There's No Escaping VBG Group AB (publ)'s (STO:VBG B) Muted Earnings Despite A 25% Share Price Rise

Despite an already strong run, VBG Group AB (publ) ( STO:VBG B ) shares have been powering on, with a gain of 25% in...
Analysis Article Apr 16

Return Trends At VBG Group (STO:VBG B) Aren't Appealing

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Analysis Article Apr 01

VBG Group's (STO:VBG B) Upcoming Dividend Will Be Larger Than Last Year's

VBG Group AB (publ)'s ( STO:VBG B ) dividend will be increasing from last year's payment of the same period to SEK7.00...
Analysis Article Mar 18

VBG Group's (STO:VBG B) Dividend Will Be Increased To SEK7.00

VBG Group AB (publ)'s ( STO:VBG B ) dividend will be increasing from last year's payment of the same period to SEK7.00...
Analysis Article Feb 29

VBG Group's (STO:VBG B) Upcoming Dividend Will Be Larger Than Last Year's

VBG Group AB (publ) ( STO:VBG B ) has announced that it will be increasing its dividend from last year's comparable...
Analysis Article Feb 23

VBG Group AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

It's been a good week for VBG Group AB (publ) ( STO:VBG B ) shareholders, because the company has just released its...
Analysis Article Feb 21

Here's Why We Think VBG Group (STO:VBG B) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Oct 25

VBG Group (STO:VBG B) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Apr 09

VBG Group's (STO:VBG B) Profits Appear To Have Quality Issues

VBG Group AB (publ) ( STO:VBG B ) just released a solid earnings report, and the stock displayed some strength. While...
Analysis Article Apr 05

VBG Group (STO:VBG B) Is Increasing Its Dividend To SEK5.50

The board of VBG Group AB (publ) ( STO:VBG B ) has announced that it will be paying its dividend of SEK5.50 on the 5th...
Analysis Article Feb 24

Slowing Rates Of Return At VBG Group (STO:VBG B) Leave Little Room For Excitement

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Analysis Article Feb 24

VBG Group (STO:VBG B) Is Increasing Its Dividend To SEK5.50

The board of VBG Group AB (publ) ( STO:VBG B ) has announced that the dividend on 5th of May will be increased to...

Earnings and Revenue Growth Forecasts

OM:VBG B - Analysts future estimates and past financials data (SEK Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20286,3286085817231
12/31/20275,9995644396731
12/31/20265,6864431135561
3/31/20265,419421243596N/A
12/31/20255,394422214531N/A
9/30/20255,362377-17543N/A
6/30/20255,268393-43560N/A
3/31/20255,39946060681N/A
12/31/20245,583542204797N/A
9/30/20245,752609510682N/A
6/30/20245,919655690798N/A
3/31/20245,875626628722N/A
12/31/20235,740572608723N/A
9/30/20235,481530501649N/A
6/30/20235,133434294398N/A
3/31/20234,824396205316N/A
12/31/20224,580368132250N/A
9/30/20224,325336127181N/A
6/30/20224,081355106222N/A
3/31/20223,865348124208N/A
12/31/20213,611337125187N/A
9/30/20213,435330207289N/A
6/30/20213,346322295351N/A
3/31/20213,091250341392N/A
12/31/20203,147227400446N/A
9/30/20203,235229322409N/A
6/30/20203,384229367454N/A
3/31/20203,693290349452N/A
12/31/20193,725300N/A439N/A
9/30/20193,747306N/A384N/A
6/30/20193,713304N/A316N/A
3/31/20193,664298N/A281N/A
12/31/20183,492273N/A254N/A
9/30/20183,361243N/A295N/A
6/30/20183,205225N/A241N/A
3/31/20183,051217N/A242N/A
12/31/20173,002220N/A244N/A
9/30/20172,730199N/A263N/A
6/30/20172,346186N/A296N/A
3/31/20171,941152N/A271N/A
12/31/20161,544121N/A251N/A
9/30/20161,402123N/A166N/A
6/30/20161,373106N/A138N/A
3/31/20161,33290N/A149N/A
12/31/20151,31596N/A118N/A
9/30/20151,29646N/A159N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VBG B's forecast earnings growth (14.6% per year) is above the savings rate (2%).

Earnings vs Market: VBG B's earnings (14.6% per year) are forecast to grow faster than the Swedish market (8.6% per year).

High Growth Earnings: VBG B's earnings are forecast to grow, but not significantly.

Revenue vs Market: VBG B's revenue (5.6% per year) is forecast to grow faster than the Swedish market (-0.2% per year).

High Growth Revenue: VBG B's revenue (5.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VBG B's Return on Equity is forecast to be low in 3 years time (12.7%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/09 18:10
End of Day Share Price 2026/07/09 00:00
Earnings2026/03/31
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

VBG Group AB (publ) is covered by 3 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.

AnalystInstitution
Ofelia AspemyrABG Sundal Collier Sponsored
Carl GustafssonDanske Bank
Gustav BernebladNordea Markets