EQL Pharma AB (publ)

OM:EQL Stock Report

Market Cap: SEK 713.1m

EQL Pharma Management

Management criteria checks 2/4

EQL Pharma's CEO is Axel Schorling, appointed in Aug 2022, has a tenure of 3.83 years. total yearly compensation is SEK2.90M, comprised of 61% salary and 39% bonuses, including company stock and options. directly owns 0.98% of the company’s shares, worth SEK7.02M. The average tenure of the management team and the board of directors is 0.9 years and 5.9 years respectively.

Key information

Axel Schorling

Chief executive officer

SEK 2.9m

Total compensation

CEO salary percentage61.01%
CEO tenure3.8yrs
CEO ownership1.0%
Management average tenureless than a year
Board average tenure5.9yrs

Recent management updates

Recent updates

Narrative Update Jun 17

EQL: European Rollout And New UTI Therapy Will Drive Future Upside

Analysts have kept their SEK price target for EQL Pharma broadly unchanged, with only minimal adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E. This reflects a largely steady view of the stock's valuation profile.
Narrative Update Jun 02

EQL: European Rollout And Supply Chain Improvements Will Drive Future Upside

Analysts have reduced their fair value estimate for EQL Pharma’s shares from SEK 75 to SEK 50, citing updates to their models that reflect revised assumptions for the discount rate, revenue growth, profit margin and future P/E. What's in the News EQL Pharma issued earnings guidance for 2026/27, with sales growth below its long term 30% target and an EBITDA margin of 10%, reflecting impacts from supply shortages and one off effects.
Analysis Article May 14

This Analyst Just Downgraded Their EQL Pharma AB (publ) (STO:EQL) EPS Forecasts

The analyst covering EQL Pharma AB (publ) ( STO:EQL ) delivered a dose of negativity to shareholders today, by making a...
Analysis Article May 13

EQL Pharma AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

There's been a major selloff in EQL Pharma AB (publ) ( STO:EQL ) shares in the week since it released its yearly...
Narrative Update Apr 23

EQL: Italian Approval And New Market Entry Will Support Future Upside Potential

Analysts have adjusted their price target on EQL Pharma to SEK 75 from SEK 80, citing updated assumptions for revenue growth, profit margins and future P/E. These changes point to a slightly more conservative outlook on the shares.
Narrative Update Apr 09

EQL: Italian Market Entry And Steady Assumptions Will Support Future Upside Potential

Analysts have maintained their SEK price target for EQL Pharma at SEK 80.00, citing consistent assumptions around fair value, discount rate, revenue growth, profit margin and future P/E. What's in the News EQL's key product Mellozzan, which contains melatonin, has received Marketing Authorization approval from the Italian medicines agency AIFA for use in Italy, through licensing partner Italfarmaco S.p.A. (Key Developments) Mellozzan is indicated for children with ADHD who have sleep difficulties where sleep hygiene measures have not worked, and for short term treatment of jet lag in adults.
Narrative Update Mar 26

EQL: Long Term Incentive Program Will Support Strong Future Upside Potential

Analysts keep their SEK 80.00 fair value estimate for EQL Pharma unchanged, reflecting steady assumptions on discount rate, revenue growth, profit margin and future P/E, with no new Street research prompting a shift in the target. What's in the News A special or extraordinary shareholders meeting is scheduled for February 3, 2026, at 13:00 W.
Narrative Update Mar 11

EQL: Long Term Incentive Program Will Support Strong Future Upside Potential

Analysts have kept their price target for EQL Pharma steady at SEK 80. This reflects unchanged views on fair value, discount rate, growth and margin assumptions.
Narrative Update Feb 24

EQL: Leadership Restructuring And Incentive Plan Will Support Long Term Outlook

Analysts have kept their SEK price target for EQL Pharma unchanged at SEK 80. This reflects stable assumptions on fair value, discount rate, revenue growth, profit margin, and future P/E.
Narrative Update Feb 10

EQL: German UTI Prophylaxis Approval Will Support Stronger Long Term Outlook

Analysts have kept their fair value estimate for EQL Pharma unchanged at SEK 80.00. They explain the steady target by slightly different views on discount rate, revenue growth, profit margin and future P/E assumptions rather than any single strong new data point.
Narrative Update Jan 27

EQL: German UTI Prophylaxis Launch Will Support Bullish Outlook

Analysts have kept their fair value estimate for EQL Pharma unchanged at SEK 80.00 per share, reflecting consistent assumptions on discount rate, revenue growth, profit margin and future P/E. What's in the News EQL Pharma has called a special or extraordinary shareholders meeting for February 3, 2026, at 13:00 W.
Narrative Update Jan 12

EQL: Future UTI Prophylaxis Launch In Germany Will Drive Upside

Analysts have maintained their price target on EQL Pharma at SEK 80.00, citing consistent assumptions for the discount rate, revenue growth, profit margin and future P/E that support keeping the previous fair value assessment unchanged. What's in the News EQL Pharma has called a special/extraordinary shareholders meeting for February 3, 2026, at 13:00 W.
Narrative Update Dec 23

EQL: Future UTI Prophylaxis Launch Will Drive Strong Upside Potential

Analysts have modestly adjusted their price target on EQL Pharma upward to SEK 80.0 per share from SEK 80.0 per share, citing unchanged assumptions around discount rate, revenue growth, profit margins, and future valuation multiples that continue to support the company’s current fair value assessment. What's in the News EQL Pharma strengthens and reorganizes its finance function, appointing Allan Sylvest Aasberg as new CFO from early April 2026, while current CFO Anna Jönsson becomes Head of Accounting (Key Developments) The new CFO is tasked with optimizing profitability, capital allocation, forecasting, and parts of investor relations to support a more scalable growth platform (Key Developments) Key product methenamine hippurate receives marketing approval in Germany under the EQL brand Cystohipp, the only registered product of its kind in that market, with launch planned for mid 2026 (Key Developments) Cystohipp targets recurrent urinary tract infections as a non antibiotic prophylactic option, addressing growing demand for alternatives that do not drive antibiotic resistance (Key Developments) EQL issues guidance indicating robust top line expansion, forecasting around 30 percent sales growth for 2024/25 and around 15 percent for 2025/26 (Key Developments) Valuation Changes Fair Value: unchanged at SEK 80.0 per share, indicating no revision to the overall equity valuation.
Narrative Update Dec 09

EQL: New Non-Antibiotic UTI Therapy Will Drive Future Upside

Narrative Update on EQL Pharma Analysts have maintained their price target for EQL Pharma at SEK 80.00. This reflects unchanged assumptions on revenue growth, profitability, and valuation multiples despite recent model refinements.
Narrative Update Nov 25

EQL: Expanding Market Approvals And New Launches Will Drive Future Upside

Analysts have maintained their price target for EQL Pharma at SEK 80.00. They cite stable fair value estimates supported by slightly improved projections for revenue growth and profit margin.
Analysis Article Nov 15

EQL Pharma's (STO:EQL) Weak Earnings May Only Reveal A Part Of The Whole Picture

Last week's earnings announcement from EQL Pharma AB (publ) ( STO:EQL ) was disappointing to investors, with a sluggish...
Narrative Update Nov 06

EQL: Expansion Into New Markets Will Drive Upside In Coming Years

Analysts have lowered their price target for EQL Pharma from SEK 90.00 to SEK 80.00. They cite revised expectations for valuation and a slightly higher discount rate, despite improved forecasts for revenue growth and profit margin.
Analysis Article Oct 08

EQL Pharma AB (publ) (STO:EQL) Shares Slammed 26% But Getting In Cheap Might Be Difficult Regardless

EQL Pharma AB (publ) ( STO:EQL ) shareholders that were waiting for something to happen have been dealt a blow with a...
Analysis Article Sep 27

Do EQL Pharma's (STO:EQL) Earnings Warrant Your Attention?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Sep 09

Capital Allocation Trends At EQL Pharma (STO:EQL) Aren't Ideal

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Narrative Update Aug 16

EQL Pharma's management aiming for 30% Revenue Growth in 5 Years

2025 Q2 update Solid report. Revenue growth in line with expectations.
Analysis Article May 16

EQL Pharma's (STO:EQL) Earnings Are Of Questionable Quality

EQL Pharma AB (publ) ( STO:EQL ) just reported some strong earnings, and the market reacted accordingly with a healthy...
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New Narrative May 11

Pipeline Launches And Global Expansion Will Drive Future Success

Strategic expansions and acquisitions, including Medilink and non-European market entry, are poised to drive significant revenue and profitability growth.
Analysis Article Mar 12

Here's Why EQL Pharma (STO:EQL) Can Manage Its Debt Responsibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
New Narrative Feb 22

EQL Pharma aiming for 19% Revenue Growth in 5 Years

Recurring Cash Flow: EQL’s core generic product delivers near‐“infinite” cash flow, thanks to its essential role in healthcare. 
Analysis Article Jan 27

The Trend Of High Returns At EQL Pharma (STO:EQL) Has Us Very Interested

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
Analysis Article Dec 14

EQL Pharma AB (publ)'s (STO:EQL) P/E Is Still On The Mark Following 37% Share Price Bounce

Despite an already strong run, EQL Pharma AB (publ) ( STO:EQL ) shares have been powering on, with a gain of 37% in the...
Analysis Article Nov 27

Should You Be Adding EQL Pharma (STO:EQL) To Your Watchlist Today?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Oct 29

Market Participants Recognise EQL Pharma AB (publ)'s (STO:EQL) Earnings Pushing Shares 26% Higher

The EQL Pharma AB (publ) ( STO:EQL ) share price has done very well over the last month, posting an excellent gain of...
Analysis Article Aug 22

EQL Pharma's (STO:EQL) Shareholders Have More To Worry About Than Only Soft Earnings

EQL Pharma AB (publ)'s ( STO:EQL ) stock showed strength, with investors undeterred by its weak earnings report. We...
Analysis Article Aug 12

Here's Why EQL Pharma (STO:EQL) Has A Meaningful Debt Burden

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 13

EQL Pharma AB (publ)'s (NGM:EQL) P/E Is Still On The Mark Following 30% Share Price Bounce

The EQL Pharma AB (publ) ( NGM:EQL ) share price has done very well over the last month, posting an excellent gain of...
Analysis Article May 14

EQL Pharma (NGM:EQL) Is Doing The Right Things To Multiply Its Share Price

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 Feb 21

EQL Pharma's (NGM:EQL) Weak Earnings May Only Reveal A Part Of The Whole Picture

EQL Pharma AB (publ)'s ( NGM:EQL ) recent weak earnings report didn't cause a big stock movement. Our analysis suggests...

CEO Compensation Analysis

How has Axel Schorling's remuneration changed compared to EQL Pharma's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

SEK 13m

Dec 31 2025n/an/a

SEK 29m

Sep 30 2025n/an/a

SEK 30m

Jun 30 2025n/an/a

SEK 43m

Mar 31 2025SEK 3mSEK 2m

SEK 43m

Dec 31 2024n/an/a

SEK 35m

Sep 30 2024n/an/a

SEK 31m

Jun 30 2024n/an/a

SEK 26m

Mar 31 2024SEK 2mSEK 2m

SEK 23m

Compensation vs Market: Axel's total compensation ($USD297.01K) is about average for companies of similar size in the Swedish market ($USD306.11K).

Compensation vs Earnings: Axel's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Axel Schorling (40 yo)

3.8yrs
Tenure
SEK 2,903,000
Compensation

Mr. Axel Schorling has been Independent Director at Gasporox AB (publ) since 2023. Mr. Schörling is President of EQL Pharma AB (publ) from August 15, 2022. He had been the Chief Operating Officer of EQL Ph...


Leadership Team

NamePositionTenureCompensationOwnership
Christer Fahraeus
Founder & Chairman20.4yrsSEK 340.00kno data
Axel Schorling
President & CEO3.8yrsSEK 2.90m0.98%
SEK 7.0m
Allan Aasberg
Chief Financial Officerless than a yearno datano data
Martin Kristofferson
Chief Operating Officer3.8yrsno data0.21%
SEK 1.5m
Anna Jonsson
Head of Accountingless than a yearno data0.046%
SEK 331.5k
Anne Jensen
Chief Sales Officerless than a yearno datano data
Carl Lindgren
Chief Business Development Officer3.3yrsno data0.20%
SEK 1.4m
Magnus Erreth
CQSCO & Supply Chain Officer1.4yrsno datano data
Ivana Antolas
Chief Qualityless than a yearno datano data
0.9yrs
Average Tenure
45yo
Average Age

Experienced Management: EQL's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Christer Fahraeus
Founder & Chairman20.4yrsSEK 340.00kno data
Linda Neckmar
Independent Director6.4yrsSEK 180.00k0.0085%
SEK 60.4k
Anders Mansson
Independent Director7.8yrsSEK 200.00k0.034%
SEK 241.5k
Per Svangren
Independent Director5.4yrsSEK 170.00k0.034%
SEK 241.5k
Nikunj Shah
Director1.8yrsSEK 150.00kno data
Raymond Vre
Independent Directorless than a yearno datano data
5.9yrs
Average Tenure
59yo
Average Age

Experienced Board: EQL's board of directors are considered experienced (5.9 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/24 11:56
End of Day Share Price 2026/06/24 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

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

EQL Pharma AB (publ) is covered by 1 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
Erik HultgårdDNB Carnegie Commissioned Research