ADDT-B Stock Analysis: Addtech (publ.) | ST
Industrial Distribution | ST, Sweden | Market Cap: 82.122m SEK | 12M Return: -4.1% | SE0014781795 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 146M
EPS Trend: 99.4%
Qual. Beats: 0
Rev. Trend: 98.1%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Addtech AB is a Swedish industrial trading group that supplies technical products and solutions to the manufacturing and infrastructure sectors across the Nordics, Germany, the UK, the rest of Europe, and other international markets. Founded in 1906 and headquartered in Stockholm, the company operates through six segments: Automation, Electrification, Energy, Industry, Process, and Safety.
Its offering spans industrial IT and communications (control systems, sensors, vision products, robotics, data collection), electrification and energy components (power supply, electric drivetrains, advanced battery systems, overhead line and substation materials, railway electrical infrastructure), flow-related solutions for industrial processes, and safety products and systems for protecting people, property, and critical societal infrastructure. End markets include forestry, specialized vehicles, mechanical engineering, electronics, waste and recycling, underwater technology, buildings, data centers, hospitals, and defense.
As a member of the GICS Trading Companies & Distributors sub-industry, Addtech operates a decentralized distribution model, acquiring and developing niche specialist businesses that combine product supply with technical expertise and value-added services for industrial customers. The groups portfolio is positioned to benefit from structural trends such as industrial automation, electrification, and grid and energy infrastructure investment.
- Electrification segment revenue accelerates on grid and EV demand
- M&A pipeline expands margins through niche component acquisitions
- Nordic manufacturing PMI weakness pressures industrial automation orders
| Net Income: 2.32b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -7.14 > 1.0 |
| NWC/Revenue: 17.38% < 20% (prev 14.21%; Δ 3.17% < -1%) |
| CFO/TA 0.14 > 3% & CFO 3.12b > Net Income 2.32b |
| Net Debt (6.38b) to EBITDA (4.26b): 1.50 < 3 |
| Current Ratio: 1.76 > 1.5 & < 3 |
| Outstanding Shares: last quarter (270.0m) vs 12m ago 0.04% < -2% |
| Gross Margin: 35.54% > 18% (prev 32.30%; Δ 3.24% > 0.5%) |
| Asset Turnover: 115.1% > 50% (prev 118.5%; Δ -3.44% > 0%) |
| Interest Coverage Ratio: 15.67 > 6 (EBIT TTM 3.24b / Interest Expense TTM 207.0m) |
| A: 0.19 (Total Current Assets 9.47b - Total Current Liabilities 5.39b) / Total Assets 21.8b |
| B: 0.33 (Retained Earnings 7.17b / Total Assets 21.8b) |
| C: 0.16 (EBIT TTM 3.24b / Avg Total Assets 20.4b) |
| D: 0.68 (Book Value of Equity 8.60b / Total Liabilities 12.7b) |
| Altman-Z'' = 4.08 = AA |
| DSRI: 1.05 (Receivables 4.49b/4.10b, Revenue 23.5b/22.5b) |
| GMI: 0.91 (GM 32.30% / 35.54%) |
| AQI: 1.02 (AQ_t 0.49 / AQ_t-1 0.48) |
| SGI: 1.04 (Revenue 23.5b / 22.5b) |
| TATA: -0.04 (NI 2.32b - CFO 3.12b) / TA 21.8b) |
| Beneish M = -3.03 (Cap -4..+1) = AA |
As of October 30, 2026, the stock is trading at SEK 309.00 with a total of 430,498 shares traded. Over the past week, the price has changed by +0.19%, over one month by -9.38%, over three months by -8.15% and over the past year by -4.09%.
Current recommended Stop Loss: 296.00 (which is 4.2% or 1.7 ATR below the current price).
Addtech (publ.) has no consensus analysts rating.
P/E Trailing = 35.579
P/E Forward = 38.3142
P/S = 3.4971
P/B = 10.7479
P/EG = 4.0984
Revenue TTM = 23.5b SEK
EBIT TTM = 3.24b SEK
EBITDA TTM = 4.26b SEK
Long Term Debt = 4.84b SEK (from longTermDebt, last fiscal year)
Short Term Debt = 879.0m SEK (from shortTermDebt, last quarter)
Debt = 7.78b SEK (from shortLongTermDebtTotal, last quarter) + Leases 948.0m
Net Debt = 6.38b SEK (calculated: Debt 7.78b - CCE 1.40b)
Enterprise Value = 88.5b SEK (82.1b + Debt 7.78b - CCE 1.40b)
Interest Coverage Ratio = 15.67 (Ebit TTM 3.24b / Interest Expense TTM 207.0m)
EV/FCF = 65.22x (Enterprise Value 88.5b / FCF TTM 1.36b)
FCF Yield = 1.53% (FCF TTM 1.36b / Enterprise Value 88.5b)
FCF Margin = 5.78% (FCF TTM 1.36b / Revenue TTM 23.5b)
Net Margin = 9.88% (Net Income TTM 2.32b / Revenue TTM 23.5b)
Gross Margin = 35.54% ((Revenue TTM 23.5b - Cost of Revenue TTM 15.1b) / Revenue TTM)
Gross Margin QoQ = none% (prev 33.72%)
Tobins Q-Ratio = 4.05 (Enterprise Value 88.5b / Total Assets 21.8b)
Interest Expense / Debt = 2.66% (Interest Expense 207.0m / Debt 7.78b)
Taxrate = 23.35% (672.0m / 2.88b)
NOPAT = 2.49b (EBIT 3.24b * (1 - 23.35%))
Current Ratio = 1.76 (Total Current Assets 9.47b / Total Current Liabilities 5.39b)
Debt / Equity = 0.90 (Debt 7.78b / totalStockholderEquity, last quarter 8.60b)
Debt / EBITDA = 1.50 (Net Debt 6.38b / EBITDA 4.26b)
Debt / FCF = 4.71 (Net Debt 6.38b / FCF TTM 1.36b)
Total Stockholder Equity = 7.70b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.37% (Net Income 2.32b / Total Assets 21.8b)
RoE = 30.12% (Net Income TTM 2.32b / Total Stockholder Equity 7.70b)
RoCE = 25.85% (EBIT 3.24b / Capital Employed (Equity 7.70b + L.T.Debt 4.84b))
RoIC = 15.40% (NOPAT 2.49b / Invested Capital 16.1b)
WACC = 7.40% (E(82.1b)/V(89.9b) * Re(7.91%) + D(7.78b)/V(89.9b) * Rd(2.66%) * (1-Tc(0.23)))
Discount Rate = 7.91% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 54.43 | Cagr: 1.12%
[DCF] Terminal Value 73.10% ; FCFF base≈1.83b ; Y1≈1.60b ; Y5≈1.30b
[DCF] Fair Price = 56.09 (EV 20.8b - Net Debt 6.38b = Equity 14.4b / Shares 257.1m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 99.37 | EPS CAGR: 13.69% | SUE: -0.10 | # QB: 0
Revenue Correlation: 98.08 | Revenue CAGR: 6.28% | SUE: -0.10 | # QB: 0
EPS current Quarter (2026-12-31): EPS=2.48 | Chg30d=+1.39% | Revisions=-40% | Analysts=3
EPS current Year (2027-03-31): EPS=10.16 | Chg30d=-1.97% | Revisions=+17% | GrowthEPS=+27.8% | GrowthRev=+10.4%
EPS next Year (2028-03-31): EPS=11.74 | Chg30d=+0.55% | Revisions=+50% | GrowthEPS=+15.6% | GrowthRev=+8.2%
[Analyst] Revisions Ratio: +18% (up=5, down=3)