(NOTE) NOTE - Ratings and Ratios
Exchange: ST • Country: Sweden • Currency: SEK • Type: Common Stock • ISIN: SE0001161654
NOTE: PCBA, Subassemblies, Box Builds
NOTE AB (publ) is a leading provider of electronics manufacturing services with operations in Sweden, Finland, the United Kingdom, Bulgaria, Estonia, China, and other international markets. Founded in 1990 and headquartered in Stockholm, Sweden, the company specializes in production technology services, including component selection, test equipment development, prototyping, and serial production. NOTE AB also manufactures PCBAs (Printed Circuit Board Assemblies), subassemblies, and box build products, catering to industries such as medtech, greentech, industrial, and communication. Its service portfolio extends to development, sourcing and logistics, contract manufacturing, and after-sales support. The company is listed on the Stockholm Stock Exchange under the ticker symbol NOTE.
NOTE AB operates in a highly competitive sector, leveraging its expertise in electronics manufacturing to deliver tailored solutions to its clients. Its services encompass the entire production lifecycle, from design and prototyping to volume production and after-sales services. The companys customer base spans multiple industries, with a strong focus on medtech and greentech, reflecting its commitment to innovation and sustainability. NOTE ABs global footprint, with facilities in Europe and Asia, enables it to serve a diverse range of clients while maintaining proximity to key markets.
From a technical perspective, NOTE ABs stock (Ticker: NOTE) on the Stockholm Stock Exchange has shown a recent price of 160.30 SEK, with a 20-day average volume of 77,025 shares. The stocks short-term trend, indicated by the SMA 20 (165.40), suggests a slight decline from its recent average. The SMA 50 (160.88) and SMA 200 (138.62) indicate a longer-term upward trend, with the stock trading above its 200-day moving average. The ATR (7.55) reflects moderate volatility, suggesting that price fluctuations are manageable for investors seeking exposure to the electronics manufacturing sector.
From a fundamental perspective, NOTE ABs market capitalization stands at 5,067.23M SEK, with a P/E ratio of 20.66, indicating a premium valuation compared to its earnings. The forward P/E of 16.69 suggests expectations of improved profitability. The P/B ratio of 3.09 points to a higher valuation relative to book value, while the P/S ratio of 1.30 indicates reasonable pricing relative to sales. The return on equity (RoE) of 15.14% highlights the companys ability to generate profits from shareholder equity.
3-Month Forecast:
Based on the provided
Technical Outlook:
- The stock is expected to trade within a range of 150-170 SEK over the next three months, supported by the SMA 200 (138.62) and influenced by the ATR (7.55).
- The SMA 20 (165.40) and SMA 50 (160.88) suggest a potential pullback towards the 160 SEK level, with resistance at 165-170 SEK.
- Volatility, as indicated by the ATR, is expected to remain moderate, with daily price fluctuations of approximately 7-8 SEK.
Fundamental Outlook:
- The companys P/E ratio (20.66) and forward P/E (16.69) suggest that the market expects improved earnings, potentially driven by growth in the medtech and greentech sectors.
- The RoE of 15.14% indicates strong profitability, which could support further stock price appreciation if maintained or improved.
- The P/S ratio of 1.30 reflects a reasonable valuation relative to sales, suggesting that the stock is not overly stretched despite its premium P/E ratio.
Additional Sources for NOTE Stock
NOTE Stock Overview
Market Cap in USD | 491m |
Sector | Technology |
Industry | Electronic Components |
GiC Sub-Industry | Electronic Manufacturing Services |
IPO / Inception |
NOTE Stock Ratings
Growth Rating | 61.1 |
Fundamental | 80.1 |
Dividend Rating | 42.4 |
Rel. Strength | 6.02 |
Analysts | - |
Fair Price Momentum | 164.62 SEK |
Fair Price DCF | 490.32 SEK |
NOTE Dividends
Dividend Yield 12m | 4.69% |
Yield on Cost 5y | 18.63% |
Annual Growth 5y | % |
Payout Consistency | 38.6% |
NOTE Growth Ratios
Growth Correlation 3m | 62% |
Growth Correlation 12m | 53.4% |
Growth Correlation 5y | 39.6% |
CAGR 5y | 33.16% |
CAGR/Max DD 5y | 0.59 |
Sharpe Ratio 12m | 0.10 |
Alpha | 13.11 |
Beta | 0.150 |
Volatility | 37.84% |
Current Volume | 54.1k |
Average Volume 20d | 66.9k |
As of May 09, 2025, the stock is trading at SEK 158.40 with a total of 54,119 shares traded.
Over the past week, the price has changed by -4.00%, over one month by -1.00%, over three months by +7.36% and over the past year by +16.85%.
Yes, based on ValueRay Fundamental Analyses, NOTE (ST:NOTE) is currently (May 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 80.11 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NOTE as of May 2025 is 164.62. This means that NOTE is currently overvalued and has a potential downside of 3.93%.
NOTE has no consensus analysts rating.
According to ValueRays Forecast Model, NOTE NOTE will be worth about 177.9 in May 2026. The stock is currently trading at 158.40. This means that the stock has a potential upside of +12.31%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 185 | 16.8% |
Analysts Target Price | - | - |
ValueRay Target Price | 177.9 | 12.3% |