Lagercrantz Group AB (publ)

OM:LAGR B Stock Report

Market Cap: SEK 44.3b

Lagercrantz Group Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • 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 LAGR B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LAGR B (SEK214.8) is trading above our estimate of fair value (SEK174.06)

Significantly Below Fair Value: LAGR B is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for LAGR B?

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

The above table shows the Price to Earnings ratio for LAGR B. This is calculated by dividing LAGR B's market cap by their current earnings.
What is LAGR B's PE Ratio?
PE Ratio48.7x
EarningsSEK 909.00m
Market CapSEK 44.26b

Price to Earnings Ratio vs Peers

How does LAGR B's PE Ratio compare to its peers?

The above table shows the PE ratio for LAGR B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.7x
MYCR Mycronic
23.2x5.6%SEK 40.3b
HEXA B Hexagon
24.7x11.5%SEK 285.8b
EPEN Ependion
17.4x1.9%SEK 2.7b
PRIC B Pricer
21.3x27.5%SEK 2.2b
LAGR B Lagercrantz Group
48.7x14.7%SEK 44.3b

Price-To-Earnings vs Peers: LAGR B is expensive based on its Price-To-Earnings Ratio (48.7x) compared to the peer average (21.7x).


Price to Earnings Ratio vs Industry

How does LAGR B's PE Ratio compare vs other companies in the European Electronic Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
LAGR B 48.7xIndustry Avg. 19.0xNo. of Companies14PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LAGR B is expensive based on its Price-To-Earnings Ratio (48.7x) compared to the European Electronic industry average (19x).


Price to Earnings Ratio vs Fair Ratio

What is LAGR B'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.

LAGR B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio48.7x
Fair PE Ratio27x

Price-To-Earnings vs Fair Ratio: LAGR B is expensive based on its Price-To-Earnings Ratio (48.7x) compared to the estimated Fair Price-To-Earnings Ratio (27x).


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 LAGR B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 214.80
SEK 202.00
-6.0%
3.1%SEK 210.00SEK 195.00n/a3
Dec ’25SEK 198.00
SEK 202.00
+2.0%
3.1%SEK 210.00SEK 195.00n/a3
Nov ’25SEK 209.80
SEK 179.33
-14.5%
14.8%SEK 201.00SEK 142.00n/a3
Oct ’25SEK 190.00
SEK 173.33
-8.8%
13.5%SEK 198.00SEK 142.00n/a3
Sep ’25SEK 190.10
SEK 173.33
-8.8%
13.5%SEK 198.00SEK 142.00n/a3
Aug ’25SEK 176.30
SEK 173.33
-1.7%
13.5%SEK 198.00SEK 142.00n/a3
Jul ’25SEK 173.70
SEK 167.33
-3.7%
10.7%SEK 180.00SEK 142.00n/a3
Jun ’25SEK 178.80
SEK 165.00
-7.7%
10.0%SEK 180.00SEK 142.00n/a3
May ’25SEK 163.90
SEK 139.67
-14.8%
1.5%SEK 142.00SEK 137.00n/a3
Apr ’25SEK 163.80
SEK 139.67
-14.7%
1.5%SEK 142.00SEK 137.00n/a3
Mar ’25SEK 152.50
SEK 139.67
-8.4%
1.5%SEK 142.00SEK 137.00n/a3
Feb ’25SEK 137.30
SEK 137.50
+0.1%
1.3%SEK 140.00SEK 135.00n/a4
Jan ’25SEK 135.10
SEK 130.75
-3.2%
9.3%SEK 140.00SEK 110.00n/a4
Dec ’24SEK 118.40
SEK 126.50
+6.8%
10.1%SEK 140.00SEK 110.00SEK 198.004
Nov ’24SEK 101.50
SEK 128.25
+26.4%
9.4%SEK 140.00SEK 110.00SEK 209.804
Oct ’24SEK 111.00
SEK 133.75
+20.5%
4.4%SEK 140.00SEK 125.00SEK 190.004
Sep ’24SEK 116.00
SEK 133.75
+15.3%
4.4%SEK 140.00SEK 125.00SEK 190.104
Aug ’24SEK 124.80
SEK 133.75
+7.2%
4.4%SEK 140.00SEK 125.00SEK 176.304
Jul ’24SEK 139.00
SEK 130.75
-5.9%
5.2%SEK 140.00SEK 122.00SEK 173.704
Jun ’24SEK 135.60
SEK 130.75
-3.6%
5.2%SEK 140.00SEK 122.00SEK 178.804
May ’24SEK 131.80
SEK 114.00
-13.5%
10.7%SEK 127.00SEK 95.00SEK 163.904
Apr ’24SEK 129.70
SEK 114.00
-12.1%
10.7%SEK 127.00SEK 95.00SEK 163.804
Mar ’24SEK 119.60
SEK 114.00
-4.7%
10.7%SEK 127.00SEK 95.00SEK 152.504
Feb ’24SEK 115.00
SEK 109.50
-4.8%
9.3%SEK 119.00SEK 95.00SEK 137.304
Jan ’24SEK 103.30
SEK 107.50
+4.1%
10.7%SEK 119.00SEK 95.00SEK 135.104
Dec ’23SEK 112.20
SEK 107.50
-4.2%
10.7%SEK 119.00SEK 95.00SEK 118.404

Analyst Forecast: Target price is lower than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 01:15
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

Lagercrantz Group AB (publ) is covered by 9 analysts. 4 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 CasselABG Sundal Collier Sponsored
Mikael LöfdahlCarnegie Investment Bank AB
Johan DahlDanske Bank