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.
Troax Group AB (publ) is a Sweden-based public limited company specializing in customizable safety solutions that protect people, property, and processes through innovative mesh panel products. Headquartered in Hillerstorp in the municipality of Gnosjö, Jönköping County, it designs and supplies high-quality steel mesh panels primarily for machine guarding, warehouse partitioning, property protection, and active safety applications. These durable and flexible enclosures secure workplaces, server racks, data centers, and storage facilities, addressing safety challenges across industries like manufacturing and logistics. The company generates significant revenue from mesh panels, with sales distributed across Continental Europe and the Nordic region, reflecting strong European market presence. Listed on Nasdaq Stockholm since 2015, Troax adheres to the Swedish Code of Corporate Governance, emphasizing long-term value creation for shareholders via effective internal controls and risk management. With approximately 1,164 employees and major shareholders like Investment AB Latour holding around 30%, it operates subsidiaries in metal fabrication and transportation solutions, solidifying its role in the industrial machinery and equipment sector.
kr 9.60
+kr 0.29 (+3.11%)
EOD Jun 26, 2026 · Twelve Data
12.63% operating margin is respectable but not wide. ROIC at 8.60%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 5.8% YoY. Margins deteriorated 3.4pp alongside, both lines moving the wrong way.
Free cash flow declined 26% versus the prior year, cash generation momentum has weakened. ROIC dropped from 13.24% to 8.60%, capital efficiency is deteriorating.
5.4x earnings, 2.1x 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)
€266M
▼ -5.8% YoY
Net Income (TTM)
€10M
▼ -57.0% YoY
Op. Margin
10.73%
▼ -3.4pp YoY
ROIC
8.60%
▼ -4.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€24M
▼ -26.0% YoY
Op. Cash Flow (TTM)
€25M
▼ -40.3% YoY
Net Debt
€104M
Cash & Equiv.
€40M
3Y CAGR: +1.3%
3Y CAGR: +8.2%
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At a P/E of 5.4 and a price-to-free-cash-flow of 2.1, Troax Group AB (publ) (TROAX.XSTO) trades above a two-stage DCF intrinsic value of about €7.85 per share, so at €9.60 the stock looks overvalued (18.2% 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, Troax Group AB (publ) scores 48/100 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 39.2%; 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 €7.85 per share for TROAX.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 €5.89. At today's €9.60, that puts the stock about 18.2% 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.
Troax Group AB (publ) scores 48 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 10.7% operating margin and a 8.6% 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 metric-by-metric breakdown is on the quality scorecard.
Yes, Troax Group AB (publ) pays a regular dividend of about €0.34 per share per year (typically in quarterly installments), a yield of roughly 39.2% at the current price. That is a payout ratio of about 204.4% of earnings, so the dividend is stretched at this level. Troax Group AB (publ) has grown the dividend at roughly 19.3% 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 TROAX.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. TROAX.XSTO currently trades above its estimated intrinsic value and scores 48/100 on quality (mixed). It also yields about 39.2%. 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.