W5 Solutions AB (publ)

OM:W5 Stock Report

Market Cap: SEK 798.9m

W5 Solutions Past Earnings Performance

Past criteria checks 2/6

W5 Solutions's earnings have been declining at an average annual rate of -40.5%, while the Aerospace & Defense industry saw earnings growing at 20.9% annually. Revenues have been growing at an average rate of 18.4% per year. W5 Solutions's return on equity is 3.6%, and it has net margins of 3.2%.

Key information

-40.53%

Earnings growth rate

-46.96%

EPS growth rate

Aerospace & Defense Industry Growth14.87%
Revenue growth rate18.38%
Return on equity3.57%
Net Margin3.15%
Next Earnings Update05 Aug 2026

Recent past performance updates

Recent updates

Narrative Update Jun 10

W5: Expanding Defence Contract Backlog Will Support Future Revaluation Potential

Analysts have kept their SEK price target for W5 Solutions broadly unchanged at SEK 87.17, with only marginal adjustments to inputs such as the discount rate, revenue growth assumptions, profit margin and future P/E underpinning the updated valuation view. What's in the News The company issued earnings guidance for 2027, with expected net sales of SEK 1,000 million and an EBIT margin of 10% (source: company guidance).
Narrative Update May 26

W5: Growing Defence Contract Backlog Will Support Future Revaluation Potential

Analysts have trimmed their 12 month price target for W5 Solutions slightly to SEK 87.17 from SEK 87.50, citing refreshed assumptions around discount rates, expected revenue growth, profit margins and future P/E levels. What's in the News Power business area awarded a contract from the Swedish Defence Materiel Administration (FMV) for project management, system safety and delivery of a complete 400 Hz power supply system at a new Swedish Armed Forces training centre, valued at about SEK 46 million with options of an additional SEK 4.5 million.
Narrative Update May 01

W5: Defence Contracts And M&A Pipeline Will Support Future Revaluation Potential

Analysts have adjusted their price target on W5 Solutions to SEK 87.5 from SEK 85.5, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E as the key drivers of the change. What's in the News The Power division was awarded a contract of approximately SEK 46 million, with options of an additional SEK 4.5 million, from the Swedish Defence Materiel Administration for a complete 400 Hz power supply system at a new Armed Forces training centre.
Narrative Update Apr 14

W5: Defence Contracts And M&A Pipeline Will Support Future Earnings Momentum

Analysts have kept their SEK price target for W5 Solutions broadly unchanged, with only a marginal adjustment that reflects slightly updated assumptions for the discount rate, revenue growth, profit margin and future P/E. This reflects refinements to their model inputs rather than a shift in the core investment view.
Narrative Update Mar 31

W5: New Defence Order Will Drive Earnings Momentum Over Coming Years

Analysts have lifted their fair value estimate for W5 Solutions from SEK 66 to SEK 85.5, pointing to updated assumptions around the discount rate, revenue growth, profit margin and future P/E as key drivers of the new price target. What's in the News Business area Integration received an order worth SEK 148 million from Kongsberg Defence & Aerospace for design, manufacturing and integration of advanced shelter solutions for operator stations in a mobile and modular defence system, with deliveries planned during 2026–2027 (company announcement).
Analysis Article Jan 06

Is W5 Solutions (STO:W5) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Narrative Update Nov 24

W5: Major NATO Contract Will Drive Higher Earnings Momentum Next Year

Analysts have raised their price target for W5 Solutions from SEK 64.67 to SEK 66.00. This change is based on expectations for higher revenue growth, despite some pressure on profit margins and updated valuation metrics.
Narrative Update Nov 10

W5: Contract Win In NATO Country Will Drive Stronger Earnings Ahead

Analysts have adjusted their fair value estimate for W5 Solutions downward from $79.50 to $64.67. They cite updated outlooks on growth and profitability metrics as the reason for this change.
Analysis Article Aug 08

Analyst Estimates: Here's What Brokers Think Of W5 Solutions AB (publ) (STO:W5) After Its Second-Quarter Report

It's been a good week for W5 Solutions AB (publ) ( STO:W5 ) shareholders, because the company has just released its...
Analysis Article Jul 28

Sentiment Still Eluding W5 Solutions AB (publ) (STO:W5)

With a price-to-sales (or "P/S") ratio of 2.9x W5 Solutions AB (publ) ( STO:W5 ) may be sending very bullish signals at...
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New Narrative May 12

European Defense Expansion Will Drive New Battery Product Lines

Expansion into European defense markets and strategic acquisitions are poised to significantly drive revenue growth and bolster earnings.
Analysis Article Apr 20

W5 Solutions AB (publ) (STO:W5) Soars 30% But It's A Story Of Risk Vs Reward

The W5 Solutions AB (publ) ( STO:W5 ) share price has done very well over the last month, posting an excellent gain of...
Analysis Article Mar 02

W5 Solutions AB (publ) (STO:W5) Looks Just Right With A 47% Price Jump

Despite an already strong run, W5 Solutions AB (publ) ( STO:W5 ) shares have been powering on, with a gain of 47% in...
Analysis Article Jan 16

Are Investors Undervaluing W5 Solutions AB (publ) (STO:W5) By 45%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, W5 Solutions fair value estimate is kr94.41 W5 Solutions...
Analysis Article Jan 16

W5 Solutions AB (publ)'s (STO:W5) Price Is Right But Growth Is Lacking After Shares Rocket 25%

W5 Solutions AB (publ) ( STO:W5 ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Nov 21

W5 Solutions AB (publ) (STO:W5) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough

To the annoyance of some shareholders, W5 Solutions AB (publ) ( STO:W5 ) shares are down a considerable 26% in the last...
Analysis Article Nov 04

Downgrade: Here's How Analysts See W5 Solutions AB (publ) (STO:W5) Performing In The Near Term

The latest analyst coverage could presage a bad day for W5 Solutions AB (publ) ( STO:W5 ), with the analysts making...
Analysis Article Sep 14

Is There An Opportunity With W5 Solutions AB (publ)'s (STO:W5) 39% Undervaluation?

Key Insights The projected fair value for W5 Solutions is kr80.44 based on 2 Stage Free Cash Flow to Equity W5...
Analysis Article Jul 29

Market Cool On W5 Solutions AB (publ)'s (STO:W5) Revenues Pushing Shares 31% Lower

The W5 Solutions AB (publ) ( STO:W5 ) share price has fared very poorly over the last month, falling by a substantial...
Analysis Article Jun 27

Is W5 Solutions (STO:W5) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Apr 05

Not Many Are Piling Into W5 Solutions AB (publ) (STO:W5) Stock Yet As It Plummets 25%

W5 Solutions AB (publ) ( STO:W5 ) shareholders won't be pleased to see that the share price has had a very rough month...
Analysis Article Mar 28

Is W5 Solutions (STO:W5) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Dec 31

After Leaping 26% W5 Solutions AB (publ) (STO:W5) Shares Are Not Flying Under The Radar

W5 Solutions AB (publ) ( STO:W5 ) shares have had a really impressive month, gaining 26% after a shaky period...
Analysis Article Sep 19

Slowing Rates Of Return At W5 Solutions (STO:W5) Leave Little Room For Excitement

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Aug 06

W5 Solutions AB (publ) Just Recorded A 156% EPS Beat: Here's What Analysts Are Forecasting Next

W5 Solutions AB (publ) ( STO:W5 ) defied analyst predictions to release its quarterly results, which were ahead of...

Revenue & Expenses Breakdown

How W5 Solutions makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OM:W5 Revenue, expenses and earnings (SEK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 26536172820
31 Dec 25492152610
30 Sep 25408-182410
30 Jun 25393-242250
31 Mar 25379-182230
31 Dec 24388-192150
30 Sep 24387-172140
30 Jun 24400-132070
31 Mar 24416-31920
31 Dec 2339481730
30 Sep 23334121370
30 Jun 23282181140
31 Mar 2320716880
31 Dec 2217014740
30 Sep 2214711730
30 Jun 2214311690
31 Mar 2214514640
31 Dec 2113413610
30 Sep 2113312540
31 Dec 201145440
31 Dec 1950-4350
30 Jun 1813080

Quality Earnings: W5 has high quality earnings.

Growing Profit Margin: W5 became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: W5's earnings have declined by 40.5% per year over the past 5 years.

Accelerating Growth: W5 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: W5 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (35.1%).


Return on Equity

High ROE: W5's Return on Equity (3.6%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/22 04:12
End of Day Share Price 2026/07/22 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

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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

W5 Solutions AB (publ) is covered by 4 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
Hugo LisjoDNB Carnegie Commissioned Research
Tom GuinchardPareto Securities
Thomas BlikstadPareto Securities