AB Volvo (publ)

OM:VOLV B Stock Report

Market Cap: SEK 652.3b

AB Volvo Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: VOLV B (SEK320.6) is trading below our estimate of future cash flow value (SEK485.82)

Significantly Below Future Cash Flow Value: VOLV B is trading below future cash flow value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for VOLV B. This is calculated by dividing VOLV B's market cap by their current earnings.
What is VOLV B's PE Ratio?
PE Ratio18.9x
EarningsSEK 34.46b
Market CapSEK 652.28b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for VOLV B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average37.5x
EPI A Epiroc
35.7x9.78%SEK 294.4b
SAND Sandvik
33.9x10.89%SEK 498.2b
ATCO A Atlas Copco
33.1x8.97%SEK 840.6b
ENGCON B engcon
47.2x27.13%SEK 10.3b
VOLV B AB Volvo
18.9x12.54%SEK 652.3b

Price-To-Earnings vs Peers: VOLV B is good value based on its Price-To-Earnings Ratio (18.9x) compared to the peer average (37.5x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does VOLV B's PE Ratio compare vs other companies in the SE Machinery Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
VOLV B 18.9xIndustry Avg. 24.5xNo. of Companies4PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: VOLV B is good value based on its Price-To-Earnings Ratio (18.9x) compared to the Swedish Machinery industry average (24.6x).

Price to Earnings Ratio vs Fair Ratio

What is VOLV 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.

VOLV B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.9x
Fair PE Ratio37.5x

Price-To-Earnings vs Fair Ratio: VOLV B is good value based on its Price-To-Earnings Ratio (18.9x) compared to the estimated Fair Price-To-Earnings Ratio (37.5x).

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 VOLV B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 320.60
SEK 332.26
+3.64%
11.15%SEK 385.00SEK 262.00n/a20
Apr ’27SEK 314.70
SEK 331.26
+5.26%
10.95%SEK 380.00SEK 262.00n/a20
Mar ’27SEK 351.80
SEK 330.61
-6.02%
12.06%SEK 380.00SEK 250.00n/a20
Feb ’27SEK 324.00
SEK 320.06
-1.22%
11.28%SEK 375.00SEK 250.00n/a20
Jan ’27SEK 295.90
SEK 295.96
+0.02%
10.31%SEK 350.00SEK 245.00n/a18
Dec ’26SEK 282.90
SEK 287.40
+1.59%
11.11%SEK 350.00SEK 242.00n/a18
Nov ’26SEK 262.00
SEK 289.50
+10.50%
11.45%SEK 350.00SEK 242.00n/a16
Oct ’26SEK 270.00
SEK 299.25
+10.83%
12.48%SEK 350.00SEK 235.00n/a16
Sep ’26SEK 288.50
SEK 300.32
+4.10%
11.66%SEK 350.00SEK 240.00n/a18
Aug ’26SEK 273.30
SEK 298.93
+9.38%
11.61%SEK 350.00SEK 240.00n/a18
Jul ’26SEK 266.00
SEK 303.63
+14.15%
11.70%SEK 355.00SEK 240.00n/a20
Jun ’26SEK 265.90
SEK 307.73
+15.73%
12.21%SEK 370.00SEK 240.00n/a20
May ’26SEK 262.60
SEK 312.51
+19.01%
12.52%SEK 370.00SEK 240.00n/a20
Apr ’26SEK 291.90
SEK 332.63
+13.95%
10.71%SEK 378.00SEK 270.00SEK 314.7019
Mar ’26SEK 333.00
SEK 335.32
+0.70%
9.21%SEK 391.00SEK 280.00SEK 351.8019
Feb ’26SEK 306.70
SEK 323.58
+5.50%
8.24%SEK 375.00SEK 280.00SEK 324.0019
Jan ’26SEK 268.60
SEK 307.63
+14.53%
8.10%SEK 345.00SEK 271.00SEK 295.9019
Dec ’25SEK 271.60
SEK 310.47
+14.31%
9.50%SEK 380.00SEK 271.00SEK 282.9019
Nov ’25SEK 274.90
SEK 310.21
+12.84%
10.07%SEK 380.00SEK 271.00SEK 262.0019
Oct ’25SEK 265.90
SEK 307.95
+15.81%
11.22%SEK 380.00SEK 249.00SEK 270.0020
Sep ’25SEK 272.60
SEK 313.80
+15.11%
10.93%SEK 380.00SEK 255.00SEK 288.5020
Aug ’25SEK 266.30
SEK 316.85
+18.98%
11.45%SEK 382.00SEK 263.00SEK 273.3020
Jul ’25SEK 273.40
SEK 313.53
+14.68%
11.32%SEK 383.00SEK 251.00SEK 266.0019
Jun ’25SEK 282.00
SEK 313.53
+11.18%
11.08%SEK 383.00SEK 251.00SEK 265.9019
May ’25SEK 283.40
SEK 312.58
+10.30%
10.63%SEK 360.00SEK 251.00SEK 262.6019
Apr ’25SEK 290.10
SEK 298.53
+2.91%
12.57%SEK 359.00SEK 240.00SEK 291.9017
SEK 332.26
Fair Value
3.5% undervalued intrinsic discount
20
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/13 05:32
End of Day Share Price 2026/04/13 00:00
Earnings2025/12/31
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

AB Volvo (publ) is covered by 42 analysts. 19 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
David LeikerBaird
Erwann DagorneBarclays