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.
ITAB Shop Concept AB is a Sweden-based company specializing in the development, manufacture, sale, and installation of comprehensive store concepts for retail chain stores. Founded in 1987 and headquartered in Jönköping, it provides end-to-end solutions including solution design, customized shop fittings, checkouts, self-service systems, consumer flow and safety solutions, professional lighting systems, digitally interactive displays, security gates, and queue management. The company also offers services such as goods consolidation, installation, assembly, aftercare, and maintenance. Serving key sectors like grocery, home improvements, fashion, consumer electronics, cafes, pharmacies, health and beauty, sport and leisure, it operates globally with production facilities in Europe, China, South America, and Mexico, and a presence in countries including Italy, the UK, Germany, the US, and others. Majority revenue comes from Europe. As Europe's market leader in retail checkouts and a major supplier of shop fittings and lighting, ITAB Group significantly expanded in 2025 through the acquisition of HMY, nearly doubling its size to around 5,400 employees and combined net sales of SEK 13.3 billion. Its 'One ITAB' strategy emphasizes co-creation with customers, consumer insights, and innovative retail interiors, technology, lighting, and services to enhance shopping experiences and operational efficiency.
kr 14.44
+kr 0.22 (+1.55%)
Live · 08:36 PM · Twelve Data
Operating margin is thin at 4.75%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 94.1%, still solid. Margins contracted 2.5pp, which offsets some of the top-line progress.
ROIC dropped from 7.06% to 4.35%, capital efficiency is deteriorating. Net debt of kr 3.08B represents 6.6x FCF, leverage limits flexibility.
22.9x earnings, 5.6x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
kr 12.88B
▲ +94.1% YoY
Net Income (TTM)
kr 187M
▼ -50.8% YoY
Op. Margin
4.84%
▼ -2.5pp YoY
ROIC
4.35%
▼ -2.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
kr 656M
▲ +7.8% YoY
Op. Cash Flow (TTM)
kr 720M
▲ +18.0% YoY
Net Debt
kr 3.08B
Cash & Equiv.
kr 976M
3Y CAGR: +23.0%
3Y CAGR: +2.3%
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At a P/E of 22.9 and a price-to-free-cash-flow of 5.6, ITAB Shop Concept AB (ITAB.XSTO) trades below a two-stage DCF intrinsic value of about SEK 62.81 per share, so at SEK 14.44 the stock looks undervalued (335.0% 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, ITAB Shop Concept AB scores 56/100 on Intrinsiqq's quality scorecard (a mixed 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 62.81 per share for ITAB.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 47.11. At today's SEK 14.44, that puts the stock about 335.0% 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.
ITAB Shop Concept AB scores 56 out of 100 on Intrinsiqq's quality score, passing 3 of 8 checks, which makes it a mixed business on these measures. Recent fundamentals include a 4.8% operating margin and a 4.4% 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. ITAB.XSTO currently trades below its estimated intrinsic value and scores 56/100 on quality (mixed). 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.