(LAGR-B) Lagercrantz (publ) - ST
Sector: Industrials | Industry: Conglomerates | Exchange: ST (Sweden) | Market Cap: 52.529m SEK | Total Return: 16.5% in 12m
Avg Turnover: 38.7M
EPS Trend: 99.4%
Qual. Beats: 1
Rev. Trend: 99.3%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Confidence
Lagercrantz Group AB is a Swedish technology company that designs, manufactures, and distributes proprietary niche products across Europe, North America, and Asia, organized into five segments: Electrify, Control, TecSec, Niche Products, and International. Its portfolio spans enclosures and cabinets, cabling, electrical infrastructure, technical security and locking systems, measurement and control equipment, and specialised products such as washing systems for heavy vehicles, sharpening systems for edge tools, refrigeration and hospital doors, and valves for land-based fish farms.
The company serves a broad B2B customer base across shipyards, railways, power distribution, renewable energy, transport infrastructure, battery and charging technologies, fibre and 5G communication networks, and public-sector and critical infrastructure clients, as well as offshore applications. Founded in 1906 and headquartered in Stockholm, Lagercrantz sits within the Industrials sector (Electrical Components & Equipment) and follows a decentralised acquisition-led model, owning multiple niche technology subsidiaries that retain operational autonomy under the group.
- Acquisition pipeline adds niche tech bolt-ons across European markets
- Electrify segment growth driven by renewable energy and 5G infrastructure demand
- TecSec security products margin expansion from critical infrastructure spending
| Net Income: 1.20b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA -0.46 > 1.0 |
| NWC/Revenue: 10.91% < 20% (prev 10.49%; Δ 0.42% < -1%) |
| CFO/TA 0.12 > 3% & CFO 1.50b > Net Income 1.20b |
| Net Debt (4.76b) to EBITDA (1.90b): 2.50 < 3 |
| Current Ratio: 1.37 > 1.5 & < 3 |
| Outstanding Shares: last quarter (206.5m) vs 12m ago -0.10% < -2% |
| Gross Margin: 39.20% > 18% (prev 38.99%; Δ 0.21% > 0.5%) |
| Asset Turnover: 88.43% > 50% (prev 83.67%; Δ 4.76% > 0%) |
| Interest Coverage Ratio: 9.81 > 6 (EBIT TTM 1.67b / Interest Expense TTM 170.0m) |
| DSRI: 1.06 (Receivables 2.30b/1.91b, Revenue 10.6b/9.39b) |
| GMI: 0.99 (GM 38.99% / 39.20%) |
| AQI: 1.02 (AQ_t 0.56 / AQ_t-1 0.55) |
| SGI: 1.13 (Revenue 10.6b / 9.39b) |
| TATA: -0.02 (NI 1.20b - CFO 1.50b) / TA 12.8b) |
| Beneish M = -2.88 (Cap -4..+1) = A |
As of June 26, 2026, the stock is trading at SEK 254.60 with a total of 201,031 shares traded. Over the past week, the price has changed by +0.16%, over one month by -4.14%, over three months by +28.91% and over the past year by +16.54%.
Current recommended Stop Loss: 239.70 (which is 5.9% or 2.3 ATR below the current price).
Lagercrantz (publ) has no consensus analysts rating.
P/E Trailing = 43.931
P/E Forward = 37.1747
P/S = 4.9514
P/B = 11.665
P/EG = 3.0197
Revenue TTM = 10.6b SEK
EBIT TTM = 1.67b SEK
EBITDA TTM = 1.90b SEK
Long Term Debt = 3.87b SEK (from longTermDebt, last quarter)
Short Term Debt = 671.0m SEK (from shortTermDebt, last quarter)
Debt = 5.09b SEK (from shortLongTermDebtTotal, last quarter) + Leases 546.0m
Net Debt = 4.76b SEK (calculated: Debt 5.09b - CCE 331.0m)
Enterprise Value = 57.3b SEK (52.5b + Debt 5.09b - CCE 331.0m)
Interest Coverage Ratio = 9.81 (Ebit TTM 1.67b / Interest Expense TTM 170.0m)
EV/FCF = 45.32x (Enterprise Value 57.3b / FCF TTM 1.26b)
FCF Yield = 2.21% (FCF TTM 1.26b / Enterprise Value 57.3b)
FCF Margin = 11.91% (FCF TTM 1.26b / Revenue TTM 10.6b)
Net Margin = 11.32% (Net Income TTM 1.20b / Revenue TTM 10.6b)
Gross Margin = 39.20% ((Revenue TTM 10.6b - Cost of Revenue TTM 6.45b) / Revenue TTM)
Gross Margin QoQ = 40.0% (prev 38.89%)
Tobins Q-Ratio = 4.49 (Enterprise Value 57.3b / Total Assets 12.8b)
Interest Expense / Debt = 3.34% (Interest Expense 170.0m / Debt 5.09b)
Taxrate = 21.19% (323.0m / 1.52b)
NOPAT = 1.31b (EBIT 1.67b * (1 - 21.19%))
Current Ratio = 1.37 (Total Current Assets 4.32b / Total Current Liabilities 3.16b)
Debt / Equity = 1.15 (Debt 5.09b / totalStockholderEquity, last quarter 4.44b)
Debt / EBITDA = 2.50 (Net Debt 4.76b / EBITDA 1.90b)
Debt / FCF = 3.77 (Net Debt 4.76b / FCF TTM 1.26b)
Total Stockholder Equity = 4.11b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.01% (Net Income 1.20b / Total Assets 12.8b)
RoE = 29.22% (Net Income TTM 1.20b / Total Stockholder Equity 4.11b)
RoCE = 20.88% (EBIT 1.67b / Capital Employed (Equity 4.11b + L.T.Debt 3.87b))
RoIC = 13.20% (NOPAT 1.31b / Invested Capital 9.95b)
WACC = 9.03% (E(52.5b)/V(57.6b) * Re(9.65%) + D(5.09b)/V(57.6b) * Rd(3.34%) * (1-Tc(0.21)))
Discount Rate = 9.65% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 33.33 | Cagr: 0.07%
[DCF] Terminal Value 74.24% ; FCFF base≈1.22b ; Y1≈1.32b ; Y5≈1.61b
[DCF] Fair Price = 87.96 (EV 22.0b - Net Debt 4.76b = Equity 17.3b / Shares 196.4m; r=9.03% [WACC]; 5y FCF grow 8.78% → 2.50% )
EPS Correlation: 99.37 | EPS CAGR: 15.55% | SUE: 1.80 | # QB: 1
Revenue Correlation: 99.33 | Revenue CAGR: 12.83% | SUE: -0.05 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.65 | Chg30d=+4.27% | Revisions=+20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=1.51 | Chg30d=+0.73% | Revisions=+20% | Analysts=2
EPS current Year (2027-03-31): EPS=7.38 | Chg30d=+4.66% | Revisions=+43% | GrowthEPS=+29.5% | GrowthRev=+11.4%
EPS next Year (2028-03-31): EPS=8.11 | Chg30d=+5.28% | Revisions=+33% | GrowthEPS=+10.0% | GrowthRev=+5.8%
[Analyst] Revisions Ratio: +43%