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.
/
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.
Lindab International AB (publ) is a Sweden-based company founded in 1959 that develops, manufactures, and markets products and solutions for energy-efficient ventilation systems and healthy indoor climates across Europe. Operating primarily through its Ventilation Systems segment, it provides air duct systems, accessories, indoor climate solutions, cooling, heating, air distribution, diffusion, fire safety, and demand-controlled ventilation for installers and customers in the ventilation industry. The Profile Systems segment offers sheet metal for rainwater systems, roof and wall products, steel profiles for construction structures, as well as roof, wall, facade, and rainwater systems, mainly in northern Europe. Headquartered in Båstad, Sweden, the company serves markets including Sweden, Denmark, Germany, France, the United Kingdom, Norway, Ireland, and beyond, emphasizing high-quality, easy-to-install products with a strong sustainability focus on healthy buildings, reduced environmental impact, and sustainable business practices. Lindab International AB (publ) plays a key role in the construction and building products sector, addressing growing demand for efficient ventilation amid rising energy costs and regulations.
kr 136.30
+kr 3.70 (+2.79%)
Live · 08:35 PM · Twelve Data
Operating margin is thin at 7.95%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 3.5% YoY. The question is whether this is cyclical or a structural shift.
Free cash flow declined 16% versus the prior year, cash generation momentum has weakened.
14.5x earnings, 11.5x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
kr 12.64B
▼ -3.5% YoY
Net Income (TTM)
kr 723M
▲ +141.3% YoY
Op. Margin
7.77%
▲ +0.2pp YoY
ROIC
7.33%
▲ +1.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
kr 917M
▼ -16.0% YoY
Op. Cash Flow (TTM)
kr 1.05B
▼ -12.6% YoY
Net Debt
kr 4.03B
Cash & Equiv.
kr 442M
3Y CAGR: +1.3%
3Y CAGR: +45.2%
Continue Research
At a P/E of 14.5 and a price-to-free-cash-flow of 11.5, Lindab International AB (publ) (LIAB.XSTO) trades below a two-stage DCF intrinsic value of about SEK 548.61 per share, so at SEK 136.30 the stock looks undervalued (302.5% 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, Lindab International AB (publ) scores 44/100 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 4.0%; 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 548.61 per share for LIAB.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 411.46. At today's SEK 136.30, that puts the stock about 302.5% 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.
Lindab International AB (publ) scores 44 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 7.8% operating margin and a 7.3% 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, Lindab International AB (publ) pays a regular dividend of about SEK 5.40 per share per year (typically in quarterly installments), a yield of roughly 4.0% at the current price. That is a payout ratio of about 57.5% of earnings, so the dividend is well covered. Lindab International AB (publ) has grown the dividend at roughly 12.5% 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 LIAB.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. LIAB.XSTO currently trades below its estimated intrinsic value and scores 44/100 on quality (mixed). It also yields about 4.0%. 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.