TREL-B Stock Analysis: Trelleborg (publ) | ST
Specialty Industrial Machinery | ST, Sweden | Market Cap: 98.959m SEK | 12M Return: 25.5% | SE0000114837 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 179M
EPS Trend: 71.1%
Qual. Beats: 0
Rev. Trend: 57.1%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
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.
Trelleborg AB (publ) is a Swedish engineered polymer solutions company founded in 1905 and headquartered in Trelleborg, Sweden. The company designs and manufactures sealing, damping, and protective components used in critical applications across a broad range of industries, including aerospace, automotive, construction, marine equipment, healthcare, oil and gas, and rail and mass transit. Its product portfolio spans antivibration solutions, bearings and bushings, bridge expansion joints, cable compounds, fenders, fluid handling systems, rubber flooring, sealing profiles, and tunnel seals, among many others.
The company operates a diversified industrial business model, selling specialized polymer-based components directly to original equipment manufacturers and industrial customers rather than to end consumers. It is classified within the Industrials sector under the Industrial Machinery & Supplies & Components sub-industry, and trades on the Stockholm Stock Exchange under the ticker TREL-B with a mid-cap market valuation of approximately $9.8 billion USD.
- Automotive demand recovery lifts antivibration and damping segment revenue
- Marine port infrastructure spending drives fender and docking solutions growth
- Polymer raw material cost volatility pressures operating margins
| Net Income: 3.79b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.85 > 1.0 |
| NWC/Revenue: 11.24% < 20% (prev 12.34%; Δ -1.10% < -1%) |
| CFO/TA 0.09 > 3% & CFO 5.27b > Net Income 3.79b |
| Net Debt (11.4b) to EBITDA (7.75b): 1.47 < 3 |
| Current Ratio: 1.27 > 1.5 & < 3 |
| Outstanding Shares: last quarter (223.3m) vs 12m ago -2.36% < -2% |
| Gross Margin: 37.79% > 18% (prev 36.91%; Δ 0.88% > 0.5%) |
| Asset Turnover: 58.67% > 50% (prev 60.10%; Δ -1.42% > 0%) |
| Interest Coverage Ratio: 11.32 > 6 (EBIT TTM 5.73b / Interest Expense TTM 506.0m) |
| A: 0.06 (Total Current Assets 18.3b - Total Current Liabilities 14.4b) / Total Assets 60.6b |
| B: 0.51 (Retained Earnings 31.1b / Total Assets 60.6b) |
| C: 0.10 (EBIT TTM 5.73b / Avg Total Assets 59.1b) |
| D: 1.63 (Book Value of Equity 37.5b / Total Liabilities 23.1b) |
| Altman-Z'' = 4.46 = AA |
| DSRI: 0.99 (Receivables 8.58b/8.66b, Revenue 34.7b/34.6b) |
| GMI: 0.98 (GM 36.91% / 37.79%) |
| AQI: 0.97 (AQ_t 0.51 / AQ_t-1 0.53) |
| SGI: 1.00 (Revenue 34.7b / 34.6b) |
| TATA: -0.02 (NI 3.79b - CFO 5.27b) / TA 60.6b) |
| Beneish M = -3.07 (Cap -4..+1) = AA |
As of October 09, 2026, the stock is trading at SEK 444.20 with a total of 301,000 shares traded. Over the past week, the price has changed by +1.09%, over one month by -2.12%, over three months by +10.50% and over the past year by +25.54%.
Current recommended Stop Loss: 431.70 (which is 2.8% or 1.4 ATR below the current price).
Trelleborg (publ) has no consensus analysts rating.
P/E Trailing = 26.4926
P/E Forward = 20.4082
P/S = 2.8536
P/B = 2.7149
P/EG = 1.4421
Revenue TTM = 34.7b SEK
EBIT TTM = 5.73b SEK
EBITDA TTM = 7.75b SEK
Long Term Debt = 3.96b SEK (from longTermDebt, last fiscal year)
Short Term Debt = 5.77b SEK (from shortTermDebt, last quarter)
Debt = 13.7b SEK (from shortLongTermDebtTotal, last quarter) + Leases 1.68b
Net Debt = 11.4b SEK (calculated: Debt 13.7b - CCE 2.33b)
Enterprise Value = 110b SEK (99.0b + Debt 13.7b - CCE 2.33b)
Interest Coverage Ratio = 11.32 (Ebit TTM 5.73b / Interest Expense TTM 506.0m)
EV/FCF = 28.16x (Enterprise Value 110b / FCF TTM 3.92b)
FCF Yield = 3.55% (FCF TTM 3.92b / Enterprise Value 110b)
FCF Margin = 11.30% (FCF TTM 3.92b / Revenue TTM 34.7b)
Net Margin = 10.93% (Net Income TTM 3.79b / Revenue TTM 34.7b)
Gross Margin = 37.79% ((Revenue TTM 34.7b - Cost of Revenue TTM 21.6b) / Revenue TTM)
Gross Margin QoQ = 38.47% (prev 37.78%)
Tobins Q-Ratio = 1.82 (Enterprise Value 110b / Total Assets 60.6b)
Interest Expense / Debt = 3.68% (Interest Expense 506.0m / Debt 13.7b)
Taxrate = 25.10% (1.27b / 5.06b)
NOPAT = 4.29b (EBIT 5.73b * (1 - 25.10%))
Current Ratio = 1.27 (Total Current Assets 18.3b / Total Current Liabilities 14.4b)
Debt / Equity = 0.37 (Debt 13.7b / totalStockholderEquity, last quarter 37.5b)
Debt / EBITDA = 1.47 (Net Debt 11.4b / EBITDA 7.75b)
Debt / FCF = 2.91 (Net Debt 11.4b / FCF TTM 3.92b)
Total Stockholder Equity = 37.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.42% (Net Income 3.79b / Total Assets 60.6b)
RoE = 10.20% (Net Income TTM 3.79b / Total Stockholder Equity 37.2b)
RoCE = 13.92% (EBIT 5.73b / Capital Employed (Equity 37.2b + L.T.Debt 3.96b))
RoIC = 8.54% (NOPAT 4.29b / Invested Capital 50.2b)
WACC = 8.35% (E(99.0b)/V(113b) * Re(9.13%) + D(13.7b)/V(113b) * Rd(3.68%) * (1-Tc(0.25)))
Discount Rate = 9.13% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.79 | Cagr: -3.39%
[DCF] Terminal Value 77.96% ; FCFF base≈3.65b ; Y1≈4.18b ; Y5≈6.15b
[DCF] Fair Price = 420.0 (EV 92.6b - Net Debt 11.4b = Equity 81.1b / Shares 193.2m; r=8.35% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 71.09 | EPS CAGR: 2.40% | SUE: 0.24 | # QB: 0
Revenue Correlation: 57.09 | Revenue CAGR: 0.70% | SUE: 0.47 | # QB: 0
EPS current Quarter (2026-09-30): EPS=5.08 | Chg30d=+0.19% | Revisions=+38% | Analysts=5
EPS current Year (2026-12-31): EPS=20.55 | Chg30d=+0.44% | Revisions=-25% | GrowthEPS=+20.3% | GrowthRev=+6.2%
EPS next Year (2027-12-31): EPS=23.82 | Chg30d=+1.55% | Revisions=+25% | GrowthEPS=+15.9% | GrowthRev=+7.8%
[Analyst] Revisions Ratio: +30% (up=5, down=2)