AB Industrivärden (publ)

OM:INDU A Stock Report

Market Cap: SEK 226.5b

AB Industrivärden Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 INDU A 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: INDU A (SEK524) is trading below our estimate of future cash flow value (SEK1520.98)

Significantly Below Future Cash Flow Value: INDU A 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 INDU A?

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

The above table shows the Price to Earnings ratio for INDU A. This is calculated by dividing INDU A's market cap by their current earnings.
What is INDU A's PE Ratio?
PE Ratio5.6x
EarningsSEK 40.07b
Market CapSEK 226.46b

Price to Earnings Ratio vs Peers

How does INDU A's PE Ratio compare to its peers?

The above table shows the PE ratio for INDU A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.2x
LUND B L E Lundbergföretagen
9.9xn/aSEK 136.3b
INVE A Investor
6.1x-33.26%SEK 1.2t
CRED A Creades
18.8xn/aSEK 10.7b
EQT EQT
38x32.35%SEK 311.6b
INDU A AB Industrivärden
5.6xn/aSEK 226.5b

Price-To-Earnings vs Peers: INDU A is good value based on its Price-To-Earnings Ratio (5.6x) compared to the peer average (18.2x).

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 INDU A's PE Ratio compare vs other companies in the European Diversified Financial Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
INDU A 5.6xIndustry Avg. 12.4xNo. of Companies12PE01020304050+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: INDU A is good value based on its Price-To-Earnings Ratio (5.6x) compared to the European Diversified Financial industry average (12.4x).

Price to Earnings Ratio vs Fair Ratio

What is INDU A'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.

INDU A PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate INDU A's Price-To-Earnings Fair Ratio for valuation analysis.

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 INDU A forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 524.00
SEK 509.75
-2.72%
3.64%SEK 536.00SEK 485.00n/a4
Jun ’27SEK 511.00
SEK 509.75
-0.24%
3.64%SEK 536.00SEK 485.00n/a4
May ’27SEK 486.80
SEK 509.75
+4.71%
3.64%SEK 536.00SEK 485.00n/a4
Apr ’27SEK 476.00
SEK 449.00
-5.67%
19.92%SEK 536.00SEK 326.00n/a3
Mar ’27SEK 514.50
SEK 449.00
-12.73%
19.92%SEK 536.00SEK 326.00n/a3
Feb ’27SEK 445.00
SEK 387.67
-12.88%
13.62%SEK 455.00SEK 326.00n/a3
Jan ’27SEK 415.40
SEK 418.50
+0.75%
8.72%SEK 455.00SEK 382.00n/a2
Dec ’26SEK 393.60
SEK 418.50
+6.33%
8.72%SEK 455.00SEK 382.00n/a2
Nov ’26SEK 395.80
SEK 418.50
+5.74%
8.72%SEK 455.00SEK 382.00n/a2
Sep ’26SEK 378.00
SEK 407.50
+7.80%
12.88%SEK 460.00SEK 355.00n/a2
Aug ’26SEK 357.40
SEK 407.50
+14.02%
12.88%SEK 460.00SEK 355.00n/a2
Jul ’26SEK 345.60
SEK 402.50
+16.46%
14.29%SEK 460.00SEK 345.00n/a2
Jun ’26SEK 347.40
SEK 402.50
+15.86%
14.29%SEK 460.00SEK 345.00SEK 511.002
May ’26SEK 339.00
SEK 402.50
+18.73%
14.29%SEK 460.00SEK 345.00SEK 486.802
Apr ’26SEK 369.00
SEK 430.00
+16.53%
6.98%SEK 460.00SEK 400.00SEK 476.002
Mar ’26SEK 406.00
SEK 430.00
+5.91%
6.98%SEK 460.00SEK 400.00SEK 514.502
Feb ’26SEK 394.40
SEK 415.00
+5.22%
9.64%SEK 455.00SEK 375.00SEK 445.002
Jan ’26SEK 349.40
SEK 415.00
+18.78%
9.64%SEK 455.00SEK 375.00SEK 415.402
Dec ’25SEK 358.20
SEK 415.00
+15.86%
9.64%SEK 455.00SEK 375.00SEK 393.602
Nov ’25SEK 366.80
SEK 415.00
+13.14%
9.64%SEK 455.00SEK 375.00SEK 395.802
Oct ’25SEK 371.40
SEK 417.50
+12.41%
8.98%SEK 455.00SEK 380.00SEK 373.402
Sep ’25SEK 369.20
SEK 417.50
+13.08%
8.98%SEK 455.00SEK 380.00SEK 378.002
Aug ’25SEK 360.00
SEK 417.50
+15.97%
8.98%SEK 455.00SEK 380.00SEK 357.402
Jul ’25SEK 363.00
SEK 379.50
+4.55%
0.13%SEK 380.00SEK 379.00SEK 345.602
Jun ’25SEK 373.00
SEK 379.50
+1.74%
0.13%SEK 380.00SEK 379.00SEK 347.402
SEK 509.75
Fair Value
2.8% overvalued intrinsic discount
4
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/23 16:39
End of Day Share Price 2026/06/23 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

AB Industrivärden (publ) is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexandre TissieresBofA Global Research
Fredrik SkoglundCarnegie Investment Bank AB
Oskar LindstromDanske Bank