SAAB-B Stock Analysis: Saab (publ) | ST

Aerospace & Defense | ST, Sweden | Market Cap: 314.289m SEK | 12M Return: 14.4% | Charts, Fundamentals & Technical Analysis

Military Aircraft, Missiles, Radar Systems, Submarines
Total Rating 56
Safety 74
Buy Signal -0.84
Aerospace & Defense
Industry Rotation: -4.4
Market Cap: 32.5B
Avg Turnover: 847M
Risk 3d forecast
Volatility51.9%
VaR 5th Pctl8.44%
VaR vs Median-1.13%
Reward TTM
Sharpe Ratio0.46
Rel. Str. IBD21.4
Rel. Str. Peer Group38.1
Character TTM
Beta-0.096
Beta Downside-0.394
Hurst Exponent0.615
Drawdowns 3y
Max DD33.73%
CAGR/Max DD1.72
CAGR/Mean DD6.28
EPS (Earnings per Share) EPS (Earnings per Share) of SAAB-B over the last years for every Quarter: "2021-06": 0.95, "2021-09": 0.56, "2021-12": 1.38, "2022-03": 2.66, "2022-06": 0.79, "2022-09": 0.57, "2022-12": 8.32, "2023-03": 1.36, "2023-06": 1.49, "2023-09": 1.21, "2023-12": 2.27, "2024-03": 1.43, "2024-06": 1.85, "2024-09": 1.79, "2024-12": 2.59, "2025-03": 2.35, "2025-06": 2.83, "2025-09": 1.77, "2025-12": 4.73, "2026-03": 2.65,
EPS CAGR: 7.75%
EPS Trend: 26.3%
Last SUE: 0.83
Qual. Beats: 0
Revenue Revenue of SAAB-B over the last years for every Quarter: 2021-06: 10131, 2021-09: 7992, 2021-12: 11943, 2022-03: 9218, 2022-06: 10171, 2022-09: 8751, 2022-12: 13866, 2023-03: 11485, 2023-06: 12475, 2023-09: 11527, 2023-12: 16122, 2024-03: 14185, 2024-06: 15170, 2024-09: 13546, 2024-12: 20850, 2025-03: 15792, 2025-06: 19786, 2025-09: 15871, 2025-12: 27697, 2026-03: 19164,
Rev. CAGR: 22.75%
Rev. Trend: 99.8%
Last SUE: -0.43
Qual. Beats: 0

Warnings

Fakeout
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 10.5 years of data

Jan +0.6% 16
Feb +0.5% 5
Mar +2.1% 26
Apr +4.8% 12
May +0.4% 18
Jun -0.3% 2
Jul -4.1% 23
Aug -3.5% 38
Sep -0.4% 14
Oct +0.0% 8
Nov +0.7% 18
Dec -0.2% 5

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.

Description: SAAB-B Saab (publ)

Saab AB (publ) is a Swedish defense and security company headquartered in Stockholm, founded in 1937. It supplies products, services, and solutions for military defense, aviation, and civil security markets, with operations across Sweden, the United States, the United Kingdom, Germany, Australia, and other countries. The company operates through five business segments: Aeronautics (aerial systems and aviation technology), Dynamics (combat weapons, missiles, and training systems), Surveillance (radar, electronic warfare, combat systems, and C4I solutions), Kockums (submarines, surface combatants, and underwater vehicles), and Combitech (systems development, integration, security, and technical consulting). As a large-cap constituent of the Aerospace & Defense industry, Saab operates a vertically integrated defense business model spanning platforms, subsystems, and engineering services for both domestic and allied government customers.

Headlines to Watch Out For
  • European defense spending surge drives order backlog growth
  • Gripen fighter jet orders expand across emerging markets
  • Kockums submarine contracts grow amid naval modernization push
Piotroski VR-10 (Strict) 6.5
Net Income: 6.48b TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA 0.57 > 1.0
NWC/Revenue: 21.26% < 20% (prev 24.30%; Δ -3.04% < -1%)
CFO/TA 0.10 > 3% & CFO 12.7b > Net Income 6.48b
Net Debt (5.27b) to EBITDA (11.1b): 0.47 < 3
Current Ratio: 1.28 > 1.5 & < 3
Outstanding Shares: last quarter (541.3m) vs 12m ago 0.28% < -2%
Gross Margin: 21.72% > 18% (prev 21.87%; Δ -0.15% > 0.5%)
Asset Turnover: 72.98% > 50% (prev 64.28%; Δ 8.70% > 0%)
Interest Coverage Ratio: 12.42 > 6 (EBIT TTM 8.26b / Interest Expense TTM 665.0m)
Altman Z'' 2.92
A: 0.14 (Total Current Assets 80.0b - Total Current Liabilities 62.4b) / Total Assets 124b
B: 0.28 (Retained Earnings 34.9b / Total Assets 124b)
C: 0.07 (EBIT TTM 8.26b / Avg Total Assets 113b)
D: 0.56 (Book Value of Equity 44.7b / Total Liabilities 79.4b)
Altman-Z'' = 2.92 = A
Beneish M -2.92
DSRI: 0.97 (Receivables 36.5b/29.7b, Revenue 82.5b/65.4b)
GMI: 1.01 (GM 21.87% / 21.72%)
AQI: 0.90 (AQ_t 0.17 / AQ_t-1 0.19)
SGI: 1.26 (Revenue 82.5b / 65.4b)
TATA: -0.05 (NI 6.48b - CFO 12.7b) / TA 124b)
Beneish M = -2.92 (Cap -4..+1) = A
What is the price of SAAB-B shares?

As of July 10, 2026, the stock is trading at SEK 564.00 with a total of 1,222,929 shares traded. Over the past week, the price has changed by -0.04%, over one month by +7.61%, over three months by -9.57% and over the past year by +14.35%.

Current recommended Stop Loss: 520.90 (which is 7.6% or 1.8 ATR below the current price).

Is SAAB-B a buy, sell or hold?

Saab (publ) has no consensus analysts rating.

Saab (publ) (SAAB-B) - Fundamental Data Overview as of 09 July 2026
Market Cap USD = 32.5b (314b SEK * 0.1034 SEK.USD)
P/E Trailing = 48.5988
P/E Forward = 42.1941
P/S = 3.8087
P/B = 7.0992
P/EG = 1.8984
Revenue TTM = 82.5b SEK
EBIT TTM = 8.26b SEK
EBITDA TTM = 11.1b SEK
Long Term Debt = 8.77b SEK (from longTermDebt, last quarter)
Short Term Debt = 1.42b SEK (from shortTermDebt, last quarter)
Debt = 19.4b SEK (from shortLongTermDebtTotal, last quarter) + Leases 4.93b
Net Debt = 5.27b SEK (calculated: Debt 19.4b - CCE 14.1b)
Enterprise Value = 320b SEK (314b + Debt 19.4b - CCE 14.1b)
Interest Coverage Ratio = 12.42 (Ebit TTM 8.26b / Interest Expense TTM 665.0m)
EV/FCF = 58.26x (Enterprise Value 320b / FCF TTM 5.49b)
FCF Yield = 1.72% (FCF TTM 5.49b / Enterprise Value 320b)
FCF Margin = 6.65% (FCF TTM 5.49b / Revenue TTM 82.5b)
Net Margin = 7.86% (Net Income TTM 6.48b / Revenue TTM 82.5b)
Gross Margin = 21.72% ((Revenue TTM 82.5b - Cost of Revenue TTM 64.6b) / Revenue TTM)
Gross Margin QoQ = 23.35% (prev 20.04%)
Tobins Q-Ratio = 2.57 (Enterprise Value 320b / Total Assets 124b)
Interest Expense / Debt = 3.43% (Interest Expense 665.0m / Debt 19.4b)
Taxrate = 20.68% (1.71b / 8.25b)
NOPAT = 6.55b (EBIT 8.26b * (1 - 20.68%))
Current Ratio = 1.28 (Total Current Assets 80.0b / Total Current Liabilities 62.4b)
Debt / Equity = 0.43 (Debt 19.4b / totalStockholderEquity, last quarter 44.7b)
Debt / EBITDA = 0.47 (Net Debt 5.27b / EBITDA 11.1b)
Debt / FCF = 0.96 (Net Debt 5.27b / FCF TTM 5.49b)
Total Stockholder Equity = 42.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.73% (Net Income 6.48b / Total Assets 124b)
RoE = 15.39% (Net Income TTM 6.48b / Total Stockholder Equity 42.1b)
RoCE = 16.23% (EBIT 8.26b / Capital Employed (Equity 42.1b + L.T.Debt 8.77b))
RoIC = 11.05% (NOPAT 6.55b / Invested Capital 59.3b)
WACC = 5.47% (E(314b)/V(334b) * Re(5.64%) + D(19.4b)/V(334b) * Rd(3.43%) * (1-Tc(0.21)))
Discount Rate = 5.64% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 73.33 | Cagr: 0.22%
[DCF] Terminal Value 77.97% ; FCFF base≈4.85b ; Y1≈5.56b ; Y5≈8.18b
[DCF] Fair Price = 222.5 (EV 123b - Net Debt 5.27b = Equity 118b / Shares 529.8m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 26.30 | EPS CAGR: 7.75% | SUE: 0.83 | # QB: 0
Revenue Correlation: 99.78 | Revenue CAGR: 22.75% | SUE: -0.43 | # QB: 0
EPS current Quarter (2026-06-30): EPS=3.38 | Chg30d=+0.80% | Revisions=-25% | Analysts=5
EPS next Quarter (2026-09-30): EPS=2.29 | Chg30d=-0.89% | Revisions=+25% | Analysts=5
EPS current Year (2026-12-31): EPS=14.34 | Chg30d=+0.70% | Revisions=+40% | GrowthEPS=+22.6% | GrowthRev=+21.8%
EPS next Year (2027-12-31): EPS=17.95 | Chg30d=+0.53% | Revisions=+40% | GrowthEPS=+25.1% | GrowthRev=+20.3%
[Analyst] Revisions Ratio: +44% (up=5, down=1)