LATO-B Stock Analysis: Investment Latour (publ) | ST
Conglomerates | ST, Sweden | Market Cap: 130.868m SEK | 12M Return: -8.5% | SE0010100958 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 57.5M
EPS Trend: -39.7%
Rev. Trend: 92.9%
Warnings
No concerns identified
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.
Investment AB Latour (publ) (LATO-B) is a Swedish investment company founded in 1984 and headquartered in Gothenburg, with additional offices in Malmö and Stockholm. The firm takes long-term ownership stakes in industrial businesses that develop, manufacture, and market proprietary products under their own brands, and typically plays an active role on the boards of its investee companies. Originally listed under the name AB Hevea, the company is now traded on the Stockholm Stock Exchange.
Latour applies clearly defined financial criteria when evaluating investments, targeting portfolio companies capable of delivering around 10% average annual growth, 10% operating margin, and 15-20% return on operating capital over a full business cycle. Listed in the Industrials sector, the firm functions as an industrial holding company, with its valuation driven primarily by the underlying operating performance of its wholly-owned subsidiaries rather than by capital market activity.
- Assa Abloy organic growth accelerates on commercial security demand recovery
- Nibe heat pump margins pressured by European energy price normalization
- Industrial portfolio earnings sensitive to commercial construction cycle
| Net Income: 6.68b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -8.24 > 1.0 |
| NWC/Revenue: 25.39% < 20% (prev 3.75%; Δ 21.64% < -1%) |
| CFO/TA 0.05 > 3% & CFO 3.73b > Net Income 6.68b |
| Net Debt (15.4b) to EBITDA (5.85b): 2.63 < 3 |
| Current Ratio: 1.70 > 1.5 & < 3 |
| Outstanding Shares: last quarter (640.7m) vs 12m ago -0.04% < -2% |
| Gross Margin: 39.94% > 18% (prev 39.32%; Δ 0.62% > 0.5%) |
| Asset Turnover: 40.32% > 50% (prev 39.25%; Δ 1.07% > 0%) |
| Interest Coverage Ratio: 6.52 > 6 (EBIT TTM 4.98b / Interest Expense TTM 763.0m) |
| A: 0.10 (Total Current Assets 17.3b - Total Current Liabilities 10.2b) / Total Assets 70.2b |
| B: 0.61 (Retained Earnings 43.0b / Total Assets 70.2b) |
| C: 0.07 (EBIT TTM 4.98b / Avg Total Assets 69.8b) |
| D: 1.67 (Book Value of Equity 43.8b / Total Liabilities 26.2b) |
| Altman-Z'' = 4.90 = AA |
| DSRI: 1.09 (Receivables 7.30b/6.46b, Revenue 28.1b/27.2b) |
| GMI: 0.98 (GM 39.32% / 39.94%) |
| AQI: 0.94 (AQ_t 0.69 / AQ_t-1 0.74) |
| SGI: 1.03 (Revenue 28.1b / 27.2b) |
| TATA: 0.04 (NI 6.68b - CFO 3.73b) / TA 70.2b) |
| Beneish M = -2.97 (Cap -4..+1) = A |
As of October 17, 2026, the stock is trading at SEK 207.40 with a total of 173,648 shares traded. Over the past week, the price has changed by +1.57%, over one month by +0.00%, over three months by +5.09% and over the past year by -8.54%.
Current recommended Stop Loss: 202.20 (which is 2.5% or 1.4 ATR below the current price).
Investment Latour (publ) has no consensus analysts rating.
P/E Trailing = 19.7206
P/E Forward = 20.6186
P/S = 4.6529
P/B = 3.0634
Revenue TTM = 28.1b SEK
EBIT TTM = 4.98b SEK
EBITDA TTM = 5.85b SEK
Long Term Debt = 13.3b SEK (from longTermDebt, last quarter)
Short Term Debt = 4.00b SEK (from shortTermDebt, last quarter)
Debt = 20.2b SEK (from shortLongTermDebtTotal, last quarter) + Leases 1.65b
Net Debt = 15.4b SEK (calculated: Debt 20.2b - CCE 4.82b)
Enterprise Value = 146b SEK (131b + Debt 20.2b - CCE 4.82b)
Interest Coverage Ratio = 6.52 (Ebit TTM 4.98b / Interest Expense TTM 763.0m)
EV/FCF = -413.1x (Enterprise Value 146b / FCF TTM -354.0m)
FCF Yield = -0.24% (FCF TTM -354.0m / Enterprise Value 146b)
FCF Margin = -1.26% (FCF TTM -354.0m / Revenue TTM 28.1b)
Net Margin = 23.74% (Net Income TTM 6.68b / Revenue TTM 28.1b)
Gross Margin = 39.94% ((Revenue TTM 28.1b - Cost of Revenue TTM 16.9b) / Revenue TTM)
Gross Margin QoQ = 39.78% (prev 40.33%)
Tobins Q-Ratio = 2.08 (Enterprise Value 146b / Total Assets 70.2b)
Interest Expense / Debt = 3.78% (Interest Expense 763.0m / Debt 20.2b)
Taxrate = 12.26% (935.0m / 7.63b)
NOPAT = 4.37b (EBIT 4.98b * (1 - 12.26%))
Current Ratio = 1.70 (Total Current Assets 17.3b / Total Current Liabilities 10.2b)
Debt / Equity = 0.46 (Debt 20.2b / totalStockholderEquity, last quarter 43.8b)
Debt / EBITDA = 2.63 (Net Debt 15.4b / EBITDA 5.85b)
Debt / FCF = -43.44 (negative FCF - burning cash) (Net Debt 15.4b / FCF TTM -354.0m)
Total Stockholder Equity = 42.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.57% (Net Income 6.68b / Total Assets 70.2b)
RoE = 15.63% (Net Income TTM 6.68b / Total Stockholder Equity 42.7b)
RoCE = 8.88% (EBIT 4.98b / Capital Employed (Equity 42.7b + L.T.Debt 13.3b))
RoIC = 6.98% (NOPAT 4.37b / Invested Capital 62.5b)
WACC = 7.26% (E(131b)/V(151b) * Re(7.87%) + D(20.2b)/V(151b) * Rd(3.78%) * (1-Tc(0.12)))
Discount Rate = 7.87% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -13.54 | Cagr: -0.04%
[DCF] Fair Price = unknown (Cash Flow -354.0m)
EPS Correlation: -39.73 | EPS CAGR: -5.42% | SUE: N/A | # QB: 0
Revenue Correlation: 92.90 | Revenue CAGR: 4.83% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+1.9%
EPS next Year (2027-12-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | GrowthEPS=+0.0% | GrowthRev=+4.3%