Rusta AB (publ)

OM:RUSTA Stock Report

Market Cap: SEK 14.1b

Rusta Future Growth

Future criteria checks 5/6

Rusta is forecast to grow earnings and revenue by 20.4% and 9.5% per annum respectively. EPS is expected to grow by 20.3% per annum. Return on equity is forecast to be 30.5% in 3 years.

Key information

20.4%

Earnings growth rate

20.33%

EPS growth rate

Multiline Retail earnings growth4.3%
Revenue growth rate9.5%
Future return on equity30.48%
Analyst coverage

Low

Last updated26 May 2026

Recent future growth updates

Analysis Article Sep 14

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

Rusta AB (publ) ( STO:RUSTA ) shareholders are probably feeling a little disappointed, since its shares fell 9.1% to...
Analysis Article Jun 20

Rusta AB (publ) Just Missed EPS By 6.3%: Here's What Analysts Think Will Happen Next

Investors in Rusta AB (publ) ( STO:RUSTA ) had a good week, as its shares rose 3.6% to close at kr74.30 following the...
Analysis Article Mar 16

Rusta AB (publ) (STO:RUSTA) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Rusta AB (publ) ( STO:RUSTA ) shareholders are probably feeling a little disappointed, since its shares fell 5.8% to...
Analysis Article Dec 13

Rusta AB (publ) (STO:RUSTA) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

Investors in Rusta AB (publ) ( STO:RUSTA ) had a good week, as its shares rose 6.0% to close at kr72.05 following the...

Recent updates

Narrative Update Apr 25

RUSTA: Rapid Nordic Store Expansion Will Heighten Risk Of Overextended Valuation

Analysts have largely maintained their SEK 92.50 fair value estimate for Rusta, making only very small adjustments to the discount rate, revenue growth, profit margin and future P/E inputs to reflect fine tuning in their valuation work. What's in the News Rusta opened its first new store of the spring in Heinola, Finland, kicking off a broader rollout across the Nordic region (Key Developments).
Narrative Update Apr 11

RUSTA: Nordic Store Rollout And Steady Metrics Will Support Balanced Outlook

Analysts have kept Rusta's fair value estimate steady at SEK 92.50, with only small model tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions. Taken together, these adjustments leave their overall price target effectively unchanged.
Narrative Update Mar 28

RUSTA: Nordic Store Openings And Higher P/E Assumptions Will Support Steady Outlook

Analysts have lifted their price target on Rusta to SEK 92.50, with the change mainly tied to a higher assumed future P/E multiple, while discount rate, revenue growth, and profit margin expectations remain broadly unchanged. What's in the News Rusta has opened its first new store of the spring in Heinola, Finland, kicking off its latest round of expansion (Key Developments).
Narrative Update Mar 13

RUSTA: Ongoing Nordic Store Expansion Will Support A Steady Fair Value Outlook

Analysts have raised their price target on Rusta from SEK 87.50 to SEK 92.50, citing updated assumptions around fair value, discount rate, revenue growth, profit margins and future P/E levels. What's in the News Rusta has opened its first new store of the spring in Heinola, Finland, as part of its current expansion program.
Narrative Update Feb 25

RUSTA: Store Expansion And Planned CEO Succession Will Support Steady Fair Value Outlook

Analysts are maintaining their SEK 87.50 price target on Rusta, noting only minor adjustments to discount rate, revenue growth, profit margin and future P/E assumptions that broadly offset each other in their valuation work. What's in the News Rusta is opening its first new store of the spring in Heinola, Finland, as part of a plan to add 13 new stores across Sweden, Norway and Finland in the first half of the year (Key Developments).
Narrative Update Feb 10

RUSTA: Planned CEO Succession And Stable Assumptions Will Support Steady Fair Value Outlook

Analysts have kept their price target for Rusta steady at €87.50, with only minor tweaks to the discount rate and long term P/E assumption. These changes reflect updated risk and valuation inputs rather than a fundamental shift in the outlook.
Narrative Update Jan 24

RUSTA: Planned CEO Transition Will Support Steady Outlook At Current Fair Value

Analysts have kept their fair value estimate for Rusta steady at €87.50, making only slight tweaks to the discount rate, long term revenue growth, profit margin and future P/E assumptions. This reflects a view that their previous price target already captured the current outlook.
Narrative Update Jan 10

RUSTA: Leadership Transition Will Support Steady Nordic Expansion At Current Fair Value

Analysts have maintained their fair value estimate for Rusta at €87.50. They cite relatively stable assumptions on revenue growth, profit margins, and future P/E, which offset a slightly higher discount rate in their updated pricing work.
Narrative Update Dec 26

RUSTA: Upcoming Leadership Change Will Support Steady Nordic Expansion And Margins

Analysts have trimmed their price target on Rusta slightly to €87.50 from €87.50, citing a marginally lower assumed future P/E multiple while largely maintaining views on growth, profitability and risk. What's in the News Rusta AB appoints Cathrine Wigzell as new CEO, effective June 1, 2026, bringing extensive international retail leadership experience from H&M Beauty, KICKS, and Åhléns (company announcement) Current CEO Göran Westerberg to step down by the end of June 2026, providing a defined and extended transition period for leadership handover (company announcement) Wigzell’s background in market expansion and assortment strategy at H&M Beauty is expected to support Rusta’s growth ambitions and brand strengthening efforts (company announcement) Valuation Changes Fair Value: Unchanged at €87.50 per share, indicating no revision to the headline valuation level.
Narrative Update Dec 11

RUSTA: Leadership Transition Will Support Future Nordic Expansion And Margin Improvement

Analysts have lifted their price target on Rusta from SEK 75.00 to SEK 87.50. This reflects increased confidence in slightly faster revenue growth, improving profit margins and a modestly higher justified future P/E multiple.
Narrative Update Nov 27

RUSTA: Nordic Store Openings And Expansion Forecast Will Sustain Steady Performance

Analysts have reaffirmed their price target for Rusta at SEK 75.00. They cite unchanged fair value expectations and only minor shifts in underlying assumptions such as discount rate and profit margin.
Narrative Update Nov 13

RUSTA: Ongoing Nordic Store Expansion Will Drive Stronger Earnings Ahead

Narrative Update: Rusta Price Target Raised Analysts have increased their fair value estimate for Rusta from SEK 70 to SEK 75, citing improved confidence in profit margins and future earnings potential. This change comes despite only modest adjustments to growth expectations.
Analysis Article Sep 20

Rusta (STO:RUSTA) Has Announced That It Will Be Increasing Its Dividend To SEK1.45

Rusta AB (publ) ( STO:RUSTA ) has announced that it will be increasing its dividend from last year's comparable payment...
Analysis Article Sep 14

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

Rusta AB (publ) ( STO:RUSTA ) shareholders are probably feeling a little disappointed, since its shares fell 9.1% to...
Narrative Update Sep 13

Upcoming Store Expansion And Supply Chain Investments Will Increase Future Market Reach

Rusta’s consensus price target has been revised down to SEK70.00, primarily reflecting weaker expected revenue growth and a significant decrease in projected future P/E multiple. What's in the News Rusta AB (publ) announced an annual dividend of SEK 1.45 per share, with a proposed record date of September 23, 2025, and payment expected on September 26, 2025.
Analysis Article Sep 01

Rusta (STO:RUSTA) Is Paying Out A Larger Dividend Than Last Year

The board of Rusta AB (publ) ( STO:RUSTA ) has announced that it will be paying its dividend of SEK1.45 on the 26th of...
Narrative Update Aug 20

Upcoming Store Expansion And Supply Chain Investments Will Increase Future Market Reach

The increase in Rusta's consensus analyst price target is primarily underpinned by a modest rise in its future P/E multiple while the discount rate remains stable, leading to a higher fair value estimate of SEK87.50. What's in the News Rusta announced an annual dividend of SEK 1.45 per share, payable on September 26, 2025.
Analysis Article Aug 18

Rusta's (STO:RUSTA) Shareholders Will Receive A Bigger Dividend Than Last Year

The board of Rusta AB (publ) ( STO:RUSTA ) has announced that it will be paying its dividend of SEK1.45 on the 26th of...
Analysis Article Jun 24

Solid Earnings Reflect Rusta's (STO:RUSTA) Strength As A Business

Even though Rusta AB (publ)'s ( STO:RUSTA ) recent earnings release was robust, the market didn't seem to notice...
Analysis Article Jun 20

Rusta AB (publ) Just Missed EPS By 6.3%: Here's What Analysts Think Will Happen Next

Investors in Rusta AB (publ) ( STO:RUSTA ) had a good week, as its shares rose 3.6% to close at kr74.30 following the...
Analysis Article Jun 16

Does Rusta (STO:RUSTA) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article May 10

Rusta AB (publ)'s (STO:RUSTA) 25% Jump Shows Its Popularity With Investors

Rusta AB (publ) ( STO:RUSTA ) shares have had a really impressive month, gaining 25% after a shaky period beforehand...
Analysis Article Mar 16

Rusta AB (publ) (STO:RUSTA) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Rusta AB (publ) ( STO:RUSTA ) shareholders are probably feeling a little disappointed, since its shares fell 5.8% to...
User avatar
New Narrative Feb 20

Store Expansion And Automation Will Improve Efficiency By 2026 Amid Shift To Low-Price Options

Strategic store expansions and favorable lease opportunities are expected to drive revenue growth and improve net margins through increased consumer reach and cost-effective operations.
Analysis Article Dec 21

We Think Rusta's (STO:RUSTA) Profit Is Only A Baseline For What They Can Achieve

The subdued stock price reaction suggests that Rusta AB (publ)'s ( STO:RUSTA ) strong earnings didn't offer any...
Analysis Article Dec 13

Rusta AB (publ) (STO:RUSTA) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates

Investors in Rusta AB (publ) ( STO:RUSTA ) had a good week, as its shares rose 6.0% to close at kr72.05 following the...
Analysis Article Jun 21

Rusta's (STO:RUSTA) Solid Earnings Are Supported By Other Strong Factors

Rusta AB (publ)'s ( STO:RUSTA ) strong earnings report was rewarded with a positive stock price move. Our analysis...
Analysis Article Jun 16

Rusta AB (publ) (STO:RUSTA) Released Earnings Last Week And Analysts Lifted Their Price Target To kr91.67

Shareholders of Rusta AB (publ) ( STO:RUSTA ) will be pleased this week, given that the stock price is up 14% to...
Analysis Article Apr 22

These 4 Measures Indicate That Rusta (STO:RUSTA) Is Using Debt Reasonably Well

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

Earnings and Revenue Growth Forecasts

OM:RUSTA - Analysts future estimates and past financials data (SEK Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
4/30/202815,3088501,1601,4142
4/30/202714,0317371,3051,1252
4/30/202612,6245821,3421,2662
1/31/202612,4715411,3011,760N/A
10/31/202512,1584687421,142N/A
7/31/202511,933419595989N/A
4/30/202511,8284767271,123N/A
1/31/202511,543453555888N/A
10/31/202411,3074389331,239N/A
7/31/202411,2264501,0011,238N/A
4/30/202411,1164081,2311,396N/A
1/31/202411,0524021,4561,600N/A
10/31/202310,8413601,4181,604N/A
7/31/202310,5083051,2011,383N/A
4/30/202310,2022618341,007N/A
4/30/20229,490615368625N/A
4/30/20218,633401266745N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: RUSTA's forecast earnings growth (20.4% per year) is above the savings rate (2%).

Earnings vs Market: RUSTA's earnings (20.4% per year) are forecast to grow faster than the Swedish market (8.7% per year).

High Growth Earnings: RUSTA's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: RUSTA's revenue (9.5% per year) is forecast to grow faster than the Swedish market (0.1% per year).

High Growth Revenue: RUSTA's revenue (9.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RUSTA's Return on Equity is forecast to be high in 3 years time (30.5%)


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/01 04:23
End of Day Share Price 2026/05/29 00:00
Earnings2026/01/31
Annual Earnings2025/04/30

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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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

Rusta AB (publ) is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel SchmidtDanske Bank
Simen MortensenDNB Carnegie
Simen AasDNB Carnegie