Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Ependion AB is a Sweden-based global technology company specializing in integrated hardware and software solutions for industrial applications. Headquartered in Malmö, it provides digital solutions focused on secure control, management, and visualization, primarily through its key business units Westermo and Beijer Electronics, including the Korenix brand. Westermo specializes in robust communication technologies for mission-critical networks, while Beijer Electronics offers web technology-based visualization software for human-machine interfaces. With approximately 851 employees, Ependion AB serves diverse sectors such as manufacturing, transportation, energy, and utilities, enabling reliable data connectivity and operational efficiency in harsh environments. Its sales are geographically distributed, with significant revenue from Rest of Europe, Asia, Nordic Countries, and North America, reflecting a strong international presence. Formerly known as Beijer Electronics Group AB, Ependion AB plays a vital role in the industrial automation and IoT ecosystems, delivering products that bridge hardware reliability with advanced software for edge computing and remote monitoring.
kr 140.20
kr 5.40 (-3.71%)
Live · 06:43 PM · Twelve Data
Operating margin is thin at 8.89%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 1.2% YoY. The question is whether this is cyclical or a structural shift.
At 29x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Free cash flow declined 18% versus the prior year, cash generation momentum has weakened.
28.8x earnings, 23.1x FCF. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
kr 2.28B
▼ -1.2% YoY
Net Income (TTM)
kr 155M
▼ -6.5% YoY
Op. Margin
9.46%
▼ -0.7pp YoY
ROIC
6.89%
▼ -1.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
kr 197M
▼ -17.6% YoY
Op. Cash Flow (TTM)
kr 212M
▼ -29.2% YoY
Net Debt
kr 538M
Cash & Equiv.
kr 160M
3Y CAGR: +11.3%
3Y CAGR: +177.9%
Continue Research
At a P/E of 28.8 and a price-to-free-cash-flow of 23.1, Ependion AB (EPEN.XSTO) trades below a two-stage DCF intrinsic value of about SEK 289.77 per share, so at SEK 140.20 the stock looks undervalued (106.7% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Ependion AB scores 54/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.8%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about SEK 289.77 per share for EPEN.XSTO, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around SEK 217.33. At today's SEK 140.20, that puts the stock about 106.7% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Ependion AB scores 54 out of 100 on Intrinsiqq's quality score, passing 2 of 8 checks, which makes it a mixed business on these measures. Recent fundamentals include a 9.5% operating margin and a 6.9% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full check-by-check breakdown is on the quality scorecard.
Yes, Ependion AB pays a regular dividend of about SEK 1.12 per share per year (typically in quarterly installments), a yield of roughly 0.8% at the current price. That is a payout ratio of about 23.4% of earnings, so the dividend is amply covered by earnings. Ependion AB has grown the dividend at roughly 58.9% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For EPEN.XSTO's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. EPEN.XSTO currently trades below its estimated intrinsic value and scores 54/100 on quality (mixed). It also yields about 0.8%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.