engcon AB (publ)

OM:ENGCON B Stock Report

Market Cap: SEK 10.0b

engcon Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 ENGCON 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: ENGCON B (SEK65.9) is trading below our estimate of future cash flow value (SEK79.85)

Significantly Below Future Cash Flow Value: ENGCON B is trading below future cash flow value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ENGCON B. This is calculated by dividing ENGCON B's market cap by their current earnings.
What is ENGCON B's PE Ratio?
PE Ratio46.1x
EarningsSEK 218.00m
Market CapSEK 10.05b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ENGCON B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average30.2x
VBG B VBG Group
21.7x12.00%SEK 9.2b
EPI A Epiroc
36.1x9.73%SEK 297.1b
ALIG Alimak Group
19.9x13.06%SEK 12.0b
TROAX Troax Group
42.9x32.64%SEK 6.3b
ENGCON B engcon
46.1x27.13%SEK 10.0b

Price-To-Earnings vs Peers: ENGCON B is expensive based on its Price-To-Earnings Ratio (46.1x) compared to the peer average (30.2x).

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 ENGCON 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
ENGCON B 46.1xIndustry Avg. 24.6xNo. of Companies4PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ENGCON B is expensive based on its Price-To-Earnings Ratio (46.1x) compared to the Swedish Machinery industry average (24.6x).

Price to Earnings Ratio vs Fair Ratio

What is ENGCON 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.

ENGCON B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio46.1x
Fair PE Ratio33x

Price-To-Earnings vs Fair Ratio: ENGCON B is expensive based on its Price-To-Earnings Ratio (46.1x) compared to the estimated Fair Price-To-Earnings Ratio (33x).

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 ENGCON B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 65.90
SEK 87.67
+33.03%
6.34%SEK 93.00SEK 80.00n/a3
Apr ’27SEK 67.50
SEK 87.67
+29.88%
6.34%SEK 93.00SEK 80.00n/a3
Mar ’27SEK 66.50
SEK 87.67
+31.83%
6.34%SEK 93.00SEK 80.00n/a3
Feb ’27SEK 79.80
SEK 93.33
+16.96%
6.68%SEK 100.00SEK 85.00n/a3
Jan ’27SEK 83.20
SEK 93.33
+12.18%
6.68%SEK 100.00SEK 85.00n/a3
Dec ’26SEK 76.40
SEK 93.33
+22.16%
6.68%SEK 100.00SEK 85.00n/a3
Nov ’26SEK 82.30
SEK 93.33
+13.41%
6.68%SEK 100.00SEK 85.00n/a3
Oct ’26SEK 76.80
SEK 92.67
+20.66%
5.66%SEK 100.00SEK 88.00n/a3
Sep ’26SEK 76.90
SEK 94.00
+22.24%
6.38%SEK 100.00SEK 88.00n/a2
Aug ’26SEK 76.00
SEK 94.00
+23.68%
6.38%SEK 100.00SEK 88.00n/a2
Jul ’26SEK 90.20
SEK 105.00
+16.41%
6.73%SEK 110.00SEK 95.00n/a3
Jun ’26SEK 90.30
SEK 105.00
+16.28%
6.73%SEK 110.00SEK 95.00n/a3
May ’26SEK 93.40
SEK 105.67
+13.13%
5.80%SEK 110.00SEK 97.00n/a3
Apr ’26SEK 93.40
SEK 110.00
+17.77%
9.09%SEK 120.00SEK 100.00SEK 67.502
Mar ’26SEK 106.00
SEK 110.00
+3.77%
9.09%SEK 120.00SEK 100.00SEK 66.502
Feb ’26SEK 104.20
SEK 108.33
+3.97%
5.76%SEK 115.00SEK 100.00SEK 79.803
Jan ’26SEK 104.60
SEK 108.33
+3.57%
5.76%SEK 115.00SEK 100.00SEK 83.203
Dec ’25SEK 115.00
SEK 108.33
-5.80%
5.76%SEK 115.00SEK 100.00SEK 76.403
Nov ’25SEK 120.40
SEK 106.67
-11.41%
7.97%SEK 115.00SEK 95.00SEK 82.303
Oct ’25SEK 115.00
SEK 105.00
-8.70%
9.52%SEK 115.00SEK 95.00SEK 76.802
Sep ’25SEK 120.80
SEK 105.00
-13.08%
9.52%SEK 115.00SEK 95.00SEK 76.902
Aug ’25SEK 103.80
SEK 100.00
-3.66%
15.00%SEK 115.00SEK 85.00SEK 76.002
Jul ’25SEK 90.30
SEK 96.00
+6.31%
9.38%SEK 105.00SEK 87.00SEK 90.202
Jun ’25SEK 94.90
SEK 90.50
-4.64%
16.02%SEK 105.00SEK 76.00SEK 90.302
May ’25SEK 91.20
SEK 90.50
-0.77%
16.02%SEK 105.00SEK 76.00SEK 93.402
Apr ’25SEK 84.05
SEK 85.33
+1.53%
16.30%SEK 105.00SEK 75.00SEK 93.403
SEK 87.67
Fair Value
24.8% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/12 16:08
End of Day Share Price 2026/04/10 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

engcon AB (publ) is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Simon JonssonBerenberg
Johan WettergrenDNB Carnegie
Anna WidstromDNB Carnegie