Dynavox Group AB (publ)

OM:DYVOX Stock Report

Market Cap: SEK 8.6b

Dynavox Group Past Earnings Performance

Past criteria checks 3/6

Dynavox Group has been growing earnings at an average annual rate of 39.6%, while the Tech industry saw earnings growing at 16.5% annually. Revenues have been growing at an average rate of 21.6% per year. Dynavox Group's return on equity is 27.1%, and it has net margins of 7.3%.

Key information

39.58%

Earnings growth rate

39.25%

EPS growth rate

Tech Industry Growth-15.02%
Revenue growth rate21.57%
Return on equity27.10%
Net Margin7.26%
Next Earnings Update22 Jul 2026

Recent past performance updates

Analysis Article Jul 26

Concerns Surrounding Dynavox Group's (STO:DYVOX) Performance

Dynavox Group AB (publ) ( STO:DYVOX ) just released a solid earnings report, and the stock displayed some strength...

Recent updates

Narrative Update May 11

DYVOX: Steady 2026 Targets And CFO Transition Will Shape Future Upside

Analysts have lowered their price target for Dynavox Group from SEK 103 to SEK 90, citing updated assumptions for discount rates, revenue growth and future P/E. These effects are partly offset by slightly higher projected profit margins.
Narrative Update Apr 26

DYVOX: CFO Transition And Stable Assumptions Will Support Future Upside

Analysts are maintaining their SEK 103 price target for Dynavox Group, citing slightly adjusted assumptions regarding the discount rate, revenue growth, profit margin, and future P/E as the main factors behind this reaffirmed view. What's in the News Dynavox Group AB reported that Chief Financial Officer Linda Tybring has decided to leave her position, with her departure planned for January 31, 2027, to allow for an orderly handover.
Narrative Update Apr 11

DYVOX: Stable Assumptions And CFO Transition Will Support Future Upside

Analysts have kept their SEK 103.00 price target for Dynavox Group unchanged, citing only minor adjustments to assumptions for discount rate, revenue growth, profit margin and future P/E as the basis for maintaining their view. What's in the News Dynavox Group AB announced that Chief Financial Officer Linda Tybring has decided to leave her position, with a planned end date of January 31, 2027.
Narrative Update Mar 28

DYVOX: Higher Margins And Stable Assumptions Will Support Future Upside

Analysts have kept the Dynavox Group price target steady at SEK 103.00, citing updated assumptions for discount rate, revenue growth, profit margin and future P/E that remain broadly in line with previous estimates. What's in the News Dynavox Group AB reported that Chief Financial Officer Linda Tybring has decided to leave her position, with her planned departure set for January 31, 2027.
Narrative Update Mar 12

DYVOX: Higher Discount Rate And Margins Will Still Support Future Upside

Analysts have kept their SEK 103.00 price target on Dynavox Group unchanged, citing broadly consistent assumptions for the discount rate, revenue growth, profit margin, and future P/E in their latest update. Valuation Changes Fair Value: SEK 103.0 remains unchanged.
Narrative Update Feb 26

DYVOX: Higher Discount Rate Will Still Support Future Upside Potential

Analysts have kept their SEK 103.00 price target for Dynavox Group broadly unchanged, citing small adjustments to the discount rate, revenue growth, profit margin assumptions and future P/E expectations rather than any major shift in the outlook. Valuation Changes Fair Value: SEK 103.0 remains unchanged, indicating no adjustment to the central valuation estimate.
Narrative Update Feb 10

DYVOX: Higher Discount Rate Will Still Support Future Fair Value

Analysts have reduced their fair value estimate for Dynavox Group from $107.00 to $103.00. They now apply a higher discount rate and more cautious assumptions for revenue growth, profit margins and future P/E.
Narrative Update Jan 27

DYVOX: Future Margins And P/E Assumptions Will Support Fair Value

Analysts now see the Dynavox Group share price as fairly valued at about $107.00, with their unchanged target broadly supported by updated assumptions for slightly higher revenue, profit margins and a modestly lower future P/E multiple. Valuation Changes Fair Value: Estimated fair value is unchanged at about $107.00 per share.
Narrative Update Jan 12

DYVOX: Future Margins And P/E Assumptions Will Support Fair Value

Analysts have raised their price target on Dynavox Group to $107.00, citing updated assumptions that include revised revenue growth, profit margin, and future P/E inputs in their models. Valuation Changes Fair Value: Price target unchanged at SEK 107.00, indicating no shift in the analysts' overall valuation outcome.
Narrative Update Dec 27

DYVOX: Future Profit Margins And Cash Flows Will Support Fair Value

Analysts have modestly reiterated their SEK 107.00 price target on Dynavox Group, citing slightly stronger expected revenue growth and improved profit margins that together offset a marginally lower future P/E multiple and discount rate. Valuation Changes Fair Value: Unchanged at SEK 107.00 per share, indicating that modest fundamental improvements are balanced by slightly less favorable valuation multiples.
Narrative Update Dec 12

DYVOX: Future Margins And Cash Flows Will Support Fairly Valued Shares

Analysts have modestly trimmed their price target on Dynavox Group by SEK 2.00 to SEK 107.00. This reflects slightly lower long term revenue growth assumptions, partially offset by expectations for improved profit margins and a still supportive, though marginally lower, future valuation multiple.
Analysis Article Nov 19

Dynavox Group's (STO:DYVOX) Returns On Capital Not Reflecting Well On The Business

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Analysis Article Oct 28

Earnings Update: Dynavox Group AB (publ) (STO:DYVOX) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts

Investors in Dynavox Group AB (publ) ( STO:DYVOX ) had a good week, as its shares rose 3.8% to close at kr107 following...
Analysis Article Oct 18

Is Dynavox Group (STO:DYVOX) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Narrative Update Aug 21

Expanding Global Presence Will Unlock Untapped Market Demand

The upward revision in Dynavox Group's price target reflects higher earnings expectations as evidenced by increases in both forecast P/E and net profit margin, raising the consensus fair value from SEK120.50 to SEK132.33. Valuation Changes Summary of Valuation Changes for Dynavox Group The Consensus Analyst Price Target has risen from SEK120.50 to SEK132.33.
Analysis Article Aug 13

Is Dynavox Group AB (publ) (STO:DYVOX) Potentially Undervalued?

OM:DYVOX 1 Year Share Price vs Fair Value Explore Dynavox Group's Fair Values from the Community and select yours While...
Analysis Article Jul 26

Concerns Surrounding Dynavox Group's (STO:DYVOX) Performance

Dynavox Group AB (publ) ( STO:DYVOX ) just released a solid earnings report, and the stock displayed some strength...
Analysis Article Jul 23

Dynavox Group AB (publ) (STO:DYVOX) Released Earnings Last Week And Analysts Lifted Their Price Target To kr114

Investors in Dynavox Group AB (publ) ( STO:DYVOX ) had a good week, as its shares rose 9.3% to close at kr123 following...
Analysis Article May 14

Estimating The Intrinsic Value Of Dynavox Group AB (publ) (STO:DYVOX)

Key Insights The projected fair value for Dynavox Group is kr89.98 based on 2 Stage Free Cash Flow to Equity Dynavox...
Analysis Article Apr 29

Investors Appear Satisfied With Dynavox Group AB (publ)'s (STO:DYVOX) Prospects As Shares Rocket 29%

Dynavox Group AB (publ) ( STO:DYVOX ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Apr 17

Dynavox Group (STO:DYVOX) Will Want To Turn Around Its Return Trends

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
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New Narrative Mar 14

Consolidating R&D In Stockholm Will Strengthen Future Product Offerings

Strategic investments in sales and infrastructure aim to enhance operational efficiency, supporting growth and potentially improving net margins and market presence.
Analysis Article Mar 05

Dynavox Group (STO:DYVOX) Seems To Use Debt Quite Sensibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jan 16

What Is Dynavox Group AB (publ)'s (STO:DYVOX) Share Price Doing?

Dynavox Group AB (publ) ( STO:DYVOX ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article Oct 28

Dynavox Group AB (publ) Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Investors in Dynavox Group AB (publ) ( STO:DYVOX ) had a good week, as its shares rose 5.1% to close at kr63.50...
Analysis Article Sep 20

Dynavox Group (STO:DYVOX) May Have Issues Allocating Its Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Analysis Article Aug 07

When Should You Buy Dynavox Group AB (publ) (STO:DYVOX)?

Dynavox Group AB (publ) ( STO:DYVOX ), is not the largest company out there, but it saw significant share price...
Analysis Article Feb 29

Why Investors Shouldn't Be Surprised By Tobii Dynavox AB (publ)'s (STO:TDVOX) 29% Share Price Surge

Tobii Dynavox AB (publ) ( STO:TDVOX ) shares have continued their recent momentum with a 29% gain in the last month...
Analysis Article Feb 27

There Are Reasons To Feel Uneasy About Tobii Dynavox's (STO:TDVOX) Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Analysis Article Feb 11

Is Tobii Dynavox AB (publ) (STO:TDVOX) Trading At A 45% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Tobii Dynavox fair value estimate is kr85.70 Tobii Dynavox is...
Analysis Article Jul 23

Earnings Beat: Tobii Dynavox AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

As you might know, Tobii Dynavox AB (publ) ( STO:TDVOX ) just kicked off its latest second-quarter results with some...
Analysis Article Mar 09

Tobii Dynavox AB (publ)'s (STO:TDVOX) 25% Jump Shows Its Popularity With Investors

Tobii Dynavox AB (publ) ( STO:TDVOX ) shares have had a really impressive month, gaining 25% after a shaky period...
Analysis Article Sep 20

Is Tobii Dynavox AB (publ) (STO:TDVOX) Trading At A 29% Discount?

Today we will run through one way of estimating the intrinsic value of Tobii Dynavox AB (publ) ( STO:TDVOX ) by taking...
Analysis Article Apr 30

Tobii Dynavox's (STO:TDVOX) Shareholders Have More To Worry About Than Only Soft Earnings

A lackluster earnings announcement from Tobii Dynavox AB (publ) ( STO:TDVOX ) last week didn't sink the stock price...

Revenue & Expenses Breakdown

How Dynavox Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OM:DYVOX Revenue, expenses and earnings (SEK Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 262,4741801,203192
31 Dec 252,4671661,181216
30 Sep 252,3751441,144246
30 Jun 252,2521511,082224
31 Mar 252,1251591,018203
31 Dec 241,972146952184
30 Sep 241,859137903173
30 Jun 241,801127870177
31 Mar 241,706108835169
31 Dec 231,613104781164
30 Sep 231,50277727161
30 Jun 231,39757683155
31 Mar 231,30546629150
31 Dec 221,21649581138
30 Sep 221,10037527124
30 Jun 221,03543475114
31 Mar 2291124437105
31 Dec 2187230412102
31 Dec 20895130356109
31 Dec 1990968376121

Quality Earnings: DYVOX has high quality earnings.

Growing Profit Margin: DYVOX's current net profit margins (7.3%) are lower than last year (7.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: DYVOX's earnings have grown significantly by 39.6% per year over the past 5 years.

Accelerating Growth: DYVOX's earnings growth over the past year (13.2%) is below its 5-year average (39.6% per year).

Earnings vs Industry: DYVOX earnings growth over the past year (13.2%) exceeded the Tech industry 0.7%.


Return on Equity

High ROE: Whilst DYVOX's Return on Equity (27.1%) is high, this metric is skewed due to their high level of debt.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 05:30
End of Day Share Price 2026/05/21 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

Dynavox Group AB (publ) is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Simon LarssonDanske Bank
Ramil KoriaDanske Bank