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.
Ferronordic AB (publ) is a leading distributor of construction equipment, trucks, and related machinery, operating primarily in Kazakhstan, Germany, and the United States. Founded in 2010 and headquartered in Stockholm, Sweden, the company specializes in sales, rentals, repairs, maintenance, and aftermarket services for a diverse range of heavy equipment, including excavators, wheel loaders, compactors, articulated haulers, drill rigs, mobile cranes, crushers, and road construction machinery. It also provides consultancy services such as machine operator training and transport solutions. Ferronordic AB (publ) represents premium brands like Volvo Construction Equipment, Volvo Trucks, Renault Trucks, Hitachi Construction Machinery, Sandvik, Link-Belt Cranes, Mecalac, Bergmann, and Ammann. The company serves key industries including forestry, transport and logistics, general construction, road construction, mining, agriculture, landscaping, recycling, waste management, quarries, aggregates, and oil and gas. With approximately 800 employees across 37 workshops, it plays a vital role in supporting infrastructure development and industrial operations in its markets.
kr 5.58
+kr 0.08 (+1.45%)
EOD Jun 23, 2026 · Twelve Data
Operating margin is thin at 1.88%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 3.3% YoY. The question is whether this is cyclical or a structural shift.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
kr 4.49B
▼ -3.3% YoY
Net Income (TTM)
-kr 17M
▼ -123.6% YoY
Op. Margin
2.25%
▲ +1.3pp YoY
ROIC
1.96%
▲ +1.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
kr 293M
▲ +127.6% YoY
Op. Cash Flow (TTM)
kr 365M
▲ +59.5% YoY
Net Debt
kr 1.62B
Cash & Equiv.
kr 153M
3Y CAGR: +32.3%
Continue Research
Ferronordic AB (publ) (FNM.XSTO) trades below a two-stage DCF intrinsic value of about SEK 361.55 per share, so at SEK 5.58 the stock looks undervalued (6,379.4% 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, Ferronordic AB (publ) scores 61/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. 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 361.55 per share for FNM.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 271.16. At today's SEK 5.58, that puts the stock about 6,379.4% 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.
Ferronordic AB (publ) scores 61 out of 100 on Intrinsiqq's quality score, passing 3 of 7 checks, which makes it a solid business on these measures. Recent fundamentals include a 2.3% operating margin and a 2.0% 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.
That depends on valuation and quality together, not either alone. FNM.XSTO currently trades below its estimated intrinsic value and scores 61/100 on quality (solid). 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.