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.
Munters Group AB is a Sweden-based global leader in energy-efficient air treatment and climate control solutions, founded in 1955 by inventor Carl Munters. The company specializes in innovative technologies that precisely manage humidity, temperature, and air quality for mission-critical processes in demanding industries. Operating through key segments including AirTech, Data Center Technologies, and FoodTech, it delivers products such as dehumidifiers, coolers, humidifiers, heat exchangers, and digital software for optimized climate control. Munters Group AB serves diverse sectors like pharmaceuticals, data centers, food production, battery manufacturing, agriculture, semiconductors, and aerospace, with major revenue from the United States, China, Germany, and other regions worldwide. Headquartered in Kista, Stockholm, with manufacturing in multiple countries and approximately 5,000 employees, the company emphasizes sustainability by minimizing energy, water, and resource use. Its solutions support megatrends such as electrification, digitalization, and decarbonization, enhancing operational efficiency and production quality across the value chain while contributing to a healthier planet.
kr 171.82
kr 2.28 (-1.31%)
Live · 10:50 PM · Twelve Data
Operating margin is thin at 8.97%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 8.3%, steady but not accelerating. Margins contracted 4.6pp, which offsets some of the top-line progress.
At 83x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Free cash flow declined 46% versus the prior year, cash generation momentum has weakened.
82.6x earnings, 50.1x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
kr 14.58B
▲ +8.3% YoY
Net Income (TTM)
kr 386M
▼ -88.4% YoY
Op. Margin
8.28%
▼ -4.6pp YoY
ROIC
6.92%
▼ -3.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
kr 626M
▼ -45.8% YoY
Op. Cash Flow (TTM)
kr 1.33B
▼ -23.1% YoY
Net Debt
kr 6.43B
Cash & Equiv.
kr 1.49B
3Y CAGR: +12.3%
3Y CAGR: +45.8%
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At a P/E of 82.6 and a price-to-free-cash-flow of 50.1, Munters Group AB (MTRS.XSTO) trades above a two-stage DCF intrinsic value of about SEK 137.90 per share, so at SEK 171.83 the stock looks overvalued (19.7% above 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, Munters Group AB scores 45/100 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 0.9%; 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 137.90 per share for MTRS.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 103.42. At today's SEK 171.83, that puts the stock about 19.7% above 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.
Munters Group AB scores 45 out of 100 on Intrinsiqq's quality score, passing 1 of 8 checks, which makes it a mixed business on these measures. Recent fundamentals include a 8.3% 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, Munters Group AB pays a regular dividend of about SEK 1.60 per share per year (typically in quarterly installments), a yield of roughly 0.9% at the current price. That is a payout ratio of about 75.6% of earnings, so the dividend is covered, with less cushion. Munters Group AB has grown the dividend at roughly 23.1% 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 MTRS.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. MTRS.XSTO currently trades above its estimated intrinsic value and scores 45/100 on quality (mixed). It also yields about 0.9%. 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.