TAGM-B Stock Analysis: TagMaster Series | ST

Total Rating 43

Safety 31

Buy Signal 0.54

Communication Equipment
Industry Rotation: -8.3

Market Cap: 45.8M
Avg Turnover: 216K

Risk 3d forecast

Volatility131%

VaR 5^th Pctl20.0%

VaR vs Median-6.30%

Reward TTM

Sharpe Ratio1.40

Rel. Str. IBD81.7

Rel. Str. Peer Group86.3 pctl

Character TTM

Beta0.732

Beta Downside0.702

Hurst Exponent0.432

Choppyness55.0%

Drawdowns 3y

Max DD57.81%

CAGR/Max DD0.39

CAGR/Mean DD0.93

EPS (Earnings per Share)

EPS CAGR: 5.35%
EPS Trend: 3.2%

Qual. Beats: 0

Revenue

Rev. CAGR: 9.26%
Rev. Trend: 95.5%

Qual. Beats: 0

Warnings

Beneish M-Score Likely Earnings Manipulation

Overextended 3d

Tailwinds

Idiosyncratic Leader

Ep Pivot

Seasonality

Not enough history

Description: TAGM-B TagMaster Series

TagMaster AB (publ), an application driven technology company, designs and markets advanced sensor systems and solutions based on radio, radar, vision, and wireless magnetic technology under the TagMaster, Sensys Networks, Citilog, and Quercus brand names. The company offers traffic monitoring solutions for parking, access control and security, traffic, tolling, airports, mining & ports, and fleet operations applications. It also provides rail solutions for automatic train protection (ATP); automatic vehicle location (AVL); crossroad priority request (CPR); crossroad way command (CWC); and communication based train control (CBTC) systems. In addition, the company offers RFID readers for automatic vehicle identification applications, such as gates, barriers, high speed roll up doors, gated communities, parking, road tolls, weight scales, car washes, and others; and rail products The company exports its products primarily to Europe, North America, the Middle East and Asia via a global network of partners, system integrators, and distributors. TagMaster AB (publ) was incorporated in 1994 and is headquartered in Kista, Sweden.

Headlines to Watch Out For

Piotroski VR-10 (Strict) 7.5

Net Income: 35.8m TTM > 0 and > 6% of Revenue
FCF/TA: 0.20 > 0.02 and ΔFCF/TA 14.71 > 1.0
NWC/Revenue: 18.97% < 20% (prev 11.89%; Δ 7.08% < -1%)
CFO/TA 0.21 > 3% & CFO 96.7m > Net Income 35.8m
Net Debt (42.3m) to EBITDA (89.3m): 0.47 < 3
Current Ratio: 1.83 > 1.5 & < 3
Outstanding Shares: last quarter (14.6m) vs 12m ago 0.0% < -2%
Gross Margin: 10.81% > 18% (prev 68.70%; Δ -57.89% > 0.5%)
Asset Turnover: 100.5% > 50% (prev 91.30%; Δ 9.23% > 0%)
Interest Coverage Ratio: 6.00 > 6 (EBIT TTM 48.7m / Interest Expense TTM 8.11m)

Altman Z'' 3.91

A: 0.20 (Total Current Assets 201.0m - Total Current Liabilities 109.6m) / Total Assets 465.4m
B: 0.05 (Retained Earnings 25.3m / Total Assets 465.4m)
C: 0.10 (EBIT TTM 48.7m / Avg Total Assets 479.1m)
D: 1.68 (Book Value of Equity 291.4m / Total Liabilities 173.9m)
Altman-Z'' = 3.91 = AA

Beneish M 1.00

DSRI: 0.87 (Receivables 96.9m/104.0m, Revenue 481.6m/449.9m)
GMI: 6.36 (GM 68.70% / 10.81%)
AQI: 0.93 (AQ_t 0.52 / AQ_t-1 0.56)
SGI: 1.07 (Revenue 481.6m / 449.9m)
TATA: -0.13 (NI 35.8m - CFO 96.7m) / TA 465.4m)
Beneish M = 1.72 (Cap -4..+1) = D

What is the price of TAGM-B shares?

As of October 29, 2026, the stock is trading at SEK 31.90 with a total of 29,481 shares traded. Over the past week, the price has changed by +15.16%, over one month by +11.93%, over three months by -21.81% and over the past year by +81.77%.

Current recommended Stop Loss: 29.10 (which is 8.8% or 2.5 ATR below the current price).

Is TAGM-B a buy, sell or hold?

TagMaster Series has no consensus analysts rating.

TagMaster Series (TAGM-B) - Fundamental Data Overview as of 29 October 2026

Market Cap USD = 45.8m (454.1m SEK * 0.1009 SEK.USD)
P/E Trailing = 12.7049
P/S = 0.9379
P/B = 1.4274
Revenue TTM = 481.6m SEK
EBIT TTM = 48.7m SEK
EBITDA TTM = 89.3m SEK
Long Term Debt = 27.0m SEK (from longTermDebt, last quarter)
Short Term Debt = 34.0m SEK (from shortTermDebt, last quarter)
Debt = 90.6m SEK (from shortLongTermDebtTotal, last quarter) + Leases 18.9m
Net Debt = 42.3m SEK (calculated: Debt 90.6m - CCE 48.4m)
Enterprise Value = 496.3m SEK (454.1m + Debt 90.6m - CCE 48.4m)
Interest Coverage Ratio = 6.00 (Ebit TTM 48.7m / Interest Expense TTM 8.11m)
EV/FCF = 5.25x (Enterprise Value 496.3m / FCF TTM 94.5m)
FCF Yield = 19.05% (FCF TTM 94.5m / Enterprise Value 496.3m)
FCF Margin = 19.63% (FCF TTM 94.5m / Revenue TTM 481.6m)
Net Margin = 7.44% (Net Income TTM 35.8m / Revenue TTM 481.6m)
Gross Margin = 10.81% ((Revenue TTM 481.6m - Cost of Revenue TTM 429.6m) / Revenue TTM)
Gross Margin QoQ = 10.65% (prev 7.00%)
Tobins Q-Ratio = 1.07 (Enterprise Value 496.3m / Total Assets 465.4m)
Interest Expense / Debt = 8.95% (Interest Expense 8.11m / Debt 90.6m)
Taxrate = 20.54% (9.26m / 45.1m)
NOPAT = 38.7m (EBIT 48.7m * (1 - 20.54%))
Current Ratio = 1.83 (Total Current Assets 201.0m / Total Current Liabilities 109.6m)
Debt / Equity = 0.31 (Debt 90.6m / totalStockholderEquity, last quarter 291.4m)
Debt / EBITDA = 0.47 (Net Debt 42.3m / EBITDA 89.3m)
Debt / FCF = 0.45 (Net Debt 42.3m / FCF TTM 94.5m)
Total Stockholder Equity = 271.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 7.48% (Net Income 35.8m / Total Assets 465.4m)
RoE = 13.17% (Net Income TTM 35.8m / Total Stockholder Equity 271.9m)
RoCE = 16.28% (EBIT 48.7m / Capital Employed (Equity 271.9m + L.T.Debt 27.0m))
RoIC = 10.57% (NOPAT 38.7m / Invested Capital 365.7m)
WACC = 7.94% (E(454.1m)/V(544.7m) * Re(8.10%) + D(90.6m)/V(544.7m) * Rd(8.95%) * (1-Tc(0.21)))
Discount Rate = 8.10% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 77.97% ; FCFF base≈67.8m ; Y1≈77.7m ; Y5≈114.4m
[DCF] Fair Price = 114.6 (EV 1.72b - Net Debt 42.3m = Equity 1.68b / Shares 14.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 3.21 | EPS CAGR: 5.35% | SUE: N/A | # QB: 0
Revenue Correlation: 95.54 | Revenue CAGR: 9.26% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=2.61 | Chg30d=+52.63% | Revisions=+25% | GrowthEPS=+48.9% | GrowthRev=+1.6%
EPS next Year (2027-12-31): EPS=3.38 | Chg30d=+49.56% | Revisions=+25% | GrowthEPS=+29.5% | GrowthRev=+8.5%