AB Industrivärden (publ)

OM:INDU A Stock Report

Market Cap: SEK 174.5b

AB Industrivärden Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Discounted Cash Flow
Simply Wall St
SEK 1.10k
Fair Value
63.2% undervalued intrinsic discount
2
Number of Analysts

Below Fair Value: INDU A (SEK404.4) is trading below our estimate of fair value (SEK1097.56)

Significantly Below Fair Value: INDU A is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for INDU A. This is calculated by dividing INDU A's market cap by their current earnings.
What is INDU A's PE Ratio?
PE Ratio13.8x
EarningsSEK 12.65b
Market CapSEK 174.47b

Price to Earnings Ratio vs Peers

How does INDU A's PE Ratio compare to its peers?

The above table shows the PE ratio for INDU A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11.1x
LUND B L E Lundbergföretagen
14.6xn/aSEK 136.4b
INVE A Investor
8.6x-48.3%SEK 975.8b
CRED A Creades
9.1xn/aSEK 11.0b
ORES Investment AB Öresund
12xn/aSEK 5.1b
INDU A AB Industrivärden
13.8xn/aSEK 174.5b

Price-To-Earnings vs Peers: INDU A is expensive based on its Price-To-Earnings Ratio (13.8x) compared to the peer average (11.1x).

Price to Earnings Ratio vs Industry

How does INDU A's PE Ratio compare vs other companies in the European Diversified Financial Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
INDU A 13.8xIndustry Avg. 12.4xNo. of Companies12PE01020304050+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: INDU A is expensive based on its Price-To-Earnings Ratio (13.8x) compared to the European Diversified Financial industry average (12.4x).

Price to Earnings Ratio vs Fair Ratio

What is INDU A'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.

INDU A PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate INDU A's Price-To-Earnings Fair Ratio for valuation analysis.

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 INDU A forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 404.40
SEK 430.00
+6.3%
7.0%SEK 460.00SEK 400.00n/a2
Feb ’26SEK 394.40
SEK 415.00
+5.2%
9.6%SEK 455.00SEK 375.00n/a2
Jan ’26SEK 349.40
SEK 415.00
+18.8%
9.6%SEK 455.00SEK 375.00n/a2
Dec ’25SEK 358.20
SEK 415.00
+15.9%
9.6%SEK 455.00SEK 375.00n/a2
Nov ’25SEK 366.80
SEK 415.00
+13.1%
9.6%SEK 455.00SEK 375.00n/a2
Oct ’25SEK 371.40
SEK 417.50
+12.4%
9.0%SEK 455.00SEK 380.00n/a2
Sep ’25SEK 369.20
SEK 417.50
+13.1%
9.0%SEK 455.00SEK 380.00n/a2
Aug ’25SEK 360.00
SEK 417.50
+16.0%
9.0%SEK 455.00SEK 380.00n/a2
Jul ’25SEK 363.00
SEK 379.50
+4.5%
0.1%SEK 380.00SEK 379.00n/a2
Jun ’25SEK 373.00
SEK 379.50
+1.7%
0.1%SEK 380.00SEK 379.00n/a2
May ’25SEK 357.20
SEK 379.50
+6.2%
0.1%SEK 380.00SEK 379.00n/a2
Apr ’25SEK 368.10
SEK 359.50
-2.3%
5.4%SEK 379.00SEK 340.00n/a2
Mar ’25SEK 355.20
SEK 359.50
+1.2%
5.4%SEK 379.00SEK 340.00n/a2
Feb ’25SEK 328.20
SEK 349.00
+6.3%
5.4%SEK 368.00SEK 330.00SEK 394.402
Jan ’25SEK 328.90
SEK 324.00
-1.5%
1.9%SEK 330.00SEK 318.00SEK 349.402
Dec ’24SEK 315.70
SEK 324.00
+2.6%
1.9%SEK 330.00SEK 318.00SEK 358.202
Nov ’24SEK 287.10
SEK 324.00
+12.9%
1.9%SEK 330.00SEK 318.00SEK 366.802
Oct ’24SEK 288.80
SEK 324.00
+12.2%
1.9%SEK 330.00SEK 318.00SEK 371.402
Sep ’24SEK 286.30
SEK 324.00
+13.2%
1.9%SEK 330.00SEK 318.00SEK 369.202
Aug ’24SEK 297.40
SEK 324.00
+8.9%
1.9%SEK 330.00SEK 318.00SEK 360.002
Jun ’24SEK 290.50
SEK 299.50
+3.1%
10.2%SEK 330.00SEK 269.00SEK 373.002
May ’24SEK 292.80
SEK 297.00
+1.4%
8.5%SEK 330.00SEK 269.00SEK 357.203
Apr ’24SEK 279.70
SEK 288.67
+3.2%
5.2%SEK 305.00SEK 269.00SEK 368.103
Mar ’24SEK 288.10
SEK 288.67
+0.2%
5.2%SEK 305.00SEK 269.00SEK 355.203
Feb ’24SEK 281.00
SEK 280.33
-0.2%
3.4%SEK 292.00SEK 269.00SEK 328.203
Analyst Price Target
Consensus Narrative from 2 Analysts
SEK 430.00
Fair Value
6.0% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/15 21:55
End of Day Share Price 2025/02/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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

AB Industrivärden (publ) is covered by 14 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rickard HenzeABG Sundal Collier
Jorge VelandiaAlphaValue
Alexandre TissieresBofA Global Research