LUND-B Stock Analysis: L E Lundbergföretagen (publ)
Conglomerates | ST, Sweden | Market Cap: 140.244m SEK | 12M Return: 14.4% | SE0000108847 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 65.3M
EPS Trend: 57.9%
Rev. Trend: -11.0%
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.
L E Lundbergföretagen AB (publ) (LUND-B) is a Swedish investment company founded in 1944 and headquartered in Stockholm. It operates through four segments: Lundbergs Real Estate Operations, Equity Management, Holmen, and Hufvudstaden, covering the manufacture and sale of paperboard, paper, and sawn timber products worldwide, as well as real estate, forest, and power operations, equity management services, and the ownership and management of office and retail properties.
As an investment holding company, Lundbergföretagens core model is acquiring and managing long-term stakes in operating businesses across the forestry, real estate, and financial sectors, rather than producing goods directly. Its Holmen subsidiary is a major European player in sustainable forest products, including paperboard and renewable energy from its forest and power operations, while Hufvudstaden is a prominent Swedish listed property company focused on prime office and retail real estate in central Stockholm and Gothenburg.
- Holmen paperboard prices decline on weaker European packaging demand
- Hufvudstaden office valuations face vacancy risk from Swedish corporate downsizing
- Equity portfolio writedowns weigh on Lundbergs reported net asset value
| Net Income: 18.5b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.12 > 1.0 |
| NWC/Revenue: 26.55% < 20% (prev 1.82%; Δ 24.73% < -1%) |
| CFO/TA 0.03 > 3% & CFO 8.35b > Net Income 18.5b |
| Net Debt (25.3b) to EBITDA (24.2b): 1.05 < 3 |
| Current Ratio: 2.29 > 1.5 & < 3 |
| Outstanding Shares: last quarter (248.0m) vs 12m ago 0.02% < -2% |
| Gross Margin: 20.00% > 18% (prev 43.88%; Δ -23.88% > 0.5%) |
| Asset Turnover: 11.84% > 50% (prev 13.08%; Δ -1.24% > 0%) |
| Interest Coverage Ratio: 22.01 > 6 (EBIT TTM 22.7b / Interest Expense TTM 1.03b) |
| A: 0.03 (Total Current Assets 13.6b - Total Current Liabilities 5.92b) / Total Assets 257b |
| B: 0.41 (Retained Earnings 105b / Total Assets 257b) |
| C: 0.09 (EBIT TTM 22.7b / Avg Total Assets 244b) |
| D: 2.21 (Book Value of Equity 143b / Total Liabilities 65.0b) |
| Altman-Z'' = 4.47 = AA |
As of October 17, 2026, the stock is trading at SEK 571.00 with a total of 115,359 shares traded. Over the past week, the price has changed by +0.97%, over one month by -2.39%, over three months by +1.69% and over the past year by +14.39%.
Current recommended Stop Loss: 554.50 (which is 2.9% or 1.9 ATR below the current price).
L E Lundbergföretagen (publ) has no consensus analysts rating.
P/E Trailing = 7.5855
P/E Forward = 21.0526
P/S = 3.194
P/B = 1.0219
P/EG = 1.1592
Revenue TTM = 28.8b SEK
EBIT TTM = 22.7b SEK
EBITDA TTM = 24.2b SEK
Long Term Debt = 16.2b SEK (from longTermDebt, last fiscal year)
Short Term Debt = 5.92b SEK (from shortTermDebt, last quarter)
Debt = 26.8b SEK (from shortLongTermDebtTotal, last quarter) + Leases 1.25b
Net Debt = 25.3b SEK (calculated: Debt 26.8b - CCE 1.53b)
Enterprise Value = 166b SEK (140b + Debt 26.8b - CCE 1.53b)
Interest Coverage Ratio = 22.01 (Ebit TTM 22.7b / Interest Expense TTM 1.03b)
EV/FCF = 66.40x (Enterprise Value 166b / FCF TTM 2.49b)
FCF Yield = 1.51% (FCF TTM 2.49b / Enterprise Value 166b)
FCF Margin = 8.64% (FCF TTM 2.49b / Revenue TTM 28.8b)
Net Margin = 64.10% (Net Income TTM 18.5b / Revenue TTM 28.8b)
Gross Margin = 20.00% ((Revenue TTM 28.8b - Cost of Revenue TTM 23.1b) / Revenue TTM)
Gross Margin QoQ = 16.09% (prev 28.58%)
Tobins Q-Ratio = 0.64 (Enterprise Value 166b / Total Assets 257b)
Interest Expense / Debt = 3.84% (Interest Expense 1.03b / Debt 26.8b)
Taxrate = 5.12% (1.12b / 21.9b)
NOPAT = 21.5b (EBIT 22.7b * (1 - 5.12%))
Current Ratio = 2.29 (Total Current Assets 13.6b / Total Current Liabilities 5.92b)
Debt / Equity = 0.19 (Debt 26.8b / totalStockholderEquity, last quarter 143b)
Debt / EBITDA = 1.05 (Net Debt 25.3b / EBITDA 24.2b)
Debt / FCF = 10.15 (Net Debt 25.3b / FCF TTM 2.49b)
Total Stockholder Equity = 132b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.59% (Net Income 18.5b / Total Assets 257b)
RoE = 14.04% (Net Income TTM 18.5b / Total Stockholder Equity 132b)
RoCE = 15.32% (EBIT 22.7b / Capital Employed (Equity 132b + L.T.Debt 16.2b))
RoIC = 8.41% (NOPAT 21.5b / Invested Capital 256b)
WACC = 6.85% (E(140b)/V(167b) * Re(7.46%) + D(26.8b)/V(167b) * Rd(3.84%) * (1-Tc(0.05)))
Discount Rate = 7.46% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 2.98 | Cagr: -0.00%
[DCF] Terminal Value 75.32% ; FCFF base≈2.50b ; Y1≈2.49b ; Y5≈2.60b
[DCF] Fair Price = 100.3 (EV 40.6b - Net Debt 25.3b = Equity 15.3b / Shares 152.0m; r=8.35% [WACC [floored]]; 5y FCF grow -0.87% → 2.50% )
EPS Correlation: 57.86 | EPS CAGR: 25.61% | SUE: N/A | # QB: 0
Revenue Correlation: -11.01 | Revenue CAGR: -0.34% | SUE: N/A | # QB: 0