LATO-B Stock Analysis: Investment Latour (publ) | ST
Conglomerates | ST, Sweden | Market Cap: 122.621m SEK | 12M Return: -20.5% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 65.4M
EPS Trend: -83.7%
Rev. Trend: 92.0%
Qual. Beats: -1
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 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.
Investment AB Latour (publ) is a Swedish investment company founded in 1984 and headquartered in Gothenburg, with additional offices in Malmo and Stockholm. Originally known as AB Hevea, the firm was renamed and is currently listed on the Stockholm Stock Exchange under the ticker LATO-B. It operates as a long-term active owner, typically taking board representation in its portfolio companies.
Latour focuses on acquiring and holding industrial companies that develop, manufacture, and market proprietary products under their own brands. The firm targets businesses with consistent growth, healthy operating margins, and strong returns on operating capital over a full business cycle, applying these criteria as a long-term owner rather than a short-term financial investor.
As a publicly traded industrial holding company, Latour is classified within the Industrials sector (GICS sub-industry: Environmental & Facilities Services). This structure is common among Swedish investment companies (investmentbolag), which function as permanent owners of operating businesses, with their share price reflecting both the underlying portfolio value and the holding companys own market capitalization.
- Hesco defense sales accelerate on rising European security spending
- Net asset value discount narrows as listed portfolio revalues higher
- Climate and energy portfolio margins expand on EU decarbonization demand
- Industrial holdings face softer order intake amid European slowdown
| Net Income: 4.50b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -5.10 > 1.0 |
| NWC/Revenue: 20.88% < 20% (prev 6.87%; Δ 14.00% < -1%) |
| CFO/TA 0.05 > 3% & CFO 3.49b > Net Income 4.50b |
| Net Debt (18.0b) to EBITDA (5.43b): 3.32 < 3 |
| Current Ratio: 1.64 > 1.5 & < 3 |
| Outstanding Shares: last quarter (641.3m) vs 12m ago 0.06% < -2% |
| Gross Margin: 39.75% > 18% (prev 39.54%; Δ 0.21% > 0.5%) |
| Asset Turnover: 39.94% > 50% (prev 37.84%; Δ 2.10% > 0%) |
| Interest Coverage Ratio: 6.70 > 6 (EBIT TTM 4.57b / Interest Expense TTM 681.0m) |
| A: 0.08 (Total Current Assets 14.9b - Total Current Liabilities 9.08b) / Total Assets 69.8b |
| B: 0.61 (Retained Earnings 42.3b / Total Assets 69.8b) |
| C: 0.07 (EBIT TTM 4.57b / Avg Total Assets 70.1b) |
| D: 1.60 (Book Value of Equity 42.8b / Total Liabilities 26.8b) |
| Altman-Z'' = 4.64 = AA |
| DSRI: 1.01 (Receivables 6.88b/6.49b, Revenue 28.0b/26.6b) |
| GMI: 0.99 (GM 39.54% / 39.75%) |
| AQI: 0.97 (AQ_t 0.73 / AQ_t-1 0.75) |
| SGI: 1.05 (Revenue 28.0b / 26.6b) |
| TATA: 0.01 (NI 4.50b - CFO 3.49b) / TA 69.8b) |
| Beneish M = -3.00 (Cap -4..+1) = AA |
As of July 07, 2026, the stock is trading at SEK 194.95 with a total of 189,081 shares traded. Over the past week, the price has changed by +1.59%, over one month by +0.05%, over three months by -1.54% and over the past year by -20.49%.
Current recommended Stop Loss: 184.20 (which is 5.5% or 2.4 ATR below the current price).
Investment Latour (publ) has no consensus analysts rating.
P/E Trailing = 27.3609
P/E Forward = 20.6186
P/S = 4.38
P/B = 2.8744
Revenue TTM = 28.0b SEK
EBIT TTM = 4.57b SEK
EBITDA TTM = 5.43b SEK
Long Term Debt = 11.5b SEK (from longTermDebt, last fiscal year)
Short Term Debt = 3.35b SEK (from shortTermDebt, last quarter)
Debt = 20.8b SEK (from shortLongTermDebtTotal, last quarter) + Leases 1.24b
Net Debt = 18.0b SEK (calculated: Debt 20.8b - CCE 2.81b)
Enterprise Value = 141b SEK (123b + Debt 20.8b - CCE 2.81b)
Interest Coverage Ratio = 6.70 (Ebit TTM 4.57b / Interest Expense TTM 681.0m)
EV/FCF = -397.3x (Enterprise Value 141b / FCF TTM -354.0m)
FCF Yield = -0.25% (FCF TTM -354.0m / Enterprise Value 141b)
FCF Margin = -1.26% (FCF TTM -354.0m / Revenue TTM 28.0b)
Net Margin = 16.06% (Net Income TTM 4.50b / Revenue TTM 28.0b)
Gross Margin = 39.75% ((Revenue TTM 28.0b - Cost of Revenue TTM 16.9b) / Revenue TTM)
Gross Margin QoQ = 40.33% (prev 40.53%)
Tobins Q-Ratio = 2.02 (Enterprise Value 141b / Total Assets 69.8b)
Interest Expense / Debt = 3.27% (Interest Expense 681.0m / Debt 20.8b)
Taxrate = 15.82% (849.0m / 5.37b)
NOPAT = 3.84b (EBIT 4.57b * (1 - 15.82%))
Current Ratio = 1.64 (Total Current Assets 14.9b / Total Current Liabilities 9.08b)
Debt / Equity = 0.49 (Debt 20.8b / totalStockholderEquity, last quarter 42.8b)
Debt / EBITDA = 3.32 (Net Debt 18.0b / EBITDA 5.43b)
Debt / FCF = -50.95 (negative FCF - burning cash) (Net Debt 18.0b / FCF TTM -354.0m)
Total Stockholder Equity = 42.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.42% (Net Income 4.50b / Total Assets 69.8b)
RoE = 10.67% (Net Income TTM 4.50b / Total Stockholder Equity 42.1b)
RoCE = 8.51% (EBIT 4.57b / Capital Employed (Equity 42.1b + L.T.Debt 11.5b))
RoIC = 6.14% (NOPAT 3.84b / Invested Capital 62.6b)
WACC = 7.28% (E(123b)/V(143b) * Re(8.05%) + D(20.8b)/V(143b) * Rd(3.27%) * (1-Tc(0.16)))
Discount Rate = 8.05% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -2.27 | Cagr: -0.03%
[DCF] Fair Price = unknown (Cash Flow -354.0m)
EPS Correlation: -83.73 | EPS CAGR: -10.10% | SUE: N/A | # QB: 0
Revenue Correlation: 92.05 | Revenue CAGR: 4.67% | SUE: -2.61 | # QB: -1
EPS current Year (2026-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+0.6%
EPS next Year (2027-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+5.6%