
Addtech ADDT-B.ST
Addtech AB is a Swedish industrial group that distributes technical components and niche solutions in the energy, telecommunications, industrial, and automotive sectors, acting as a technology partner for its customers. Addtech shows exceptional quality (ROE 26.89%, ROIC 21.45%) and solid growth (earnings +14.80%), but its valuation is very demanding (P/E 41.62, EV/EBITDA 25.61), which limits attractiveness at these prices.
Detailed metrics
Market and fundamental data as of the analysis date.
Full AI report
Generated automatically from the metrics, the macro context and the company's news.
Addtech AB is a Swedish industrial group that distributes technical components and niche solutions in the energy, telecommunications, industrial, and automotive sectors, acting as a technology partner for its customers. Addtech shows exceptional quality (ROE 26.89%, ROIC 21.45%) and solid growth (earnings +14.80%), but its valuation is very demanding (P/E 41.62, EV/EBITDA 25.61), which limits attractiveness at these prices.
Score by category
| Category | Score |
|---|---|
| Financial health | 6.8 |
| Quality / Moat | 7.3 |
| Valuation | 2.8 |
| Growth | 6.3 |
| Dividend | 5.6 |
| Momentum | 6.0 |
| Risk & Context | 5.9 |
OVERALL SCORE: 5.7/10
Context and risks
The macro context (rates, oil, geopolitics) does not materially affect Addtech. Its technical distribution business in industrial niches has no direct exposure to commodities or critical shipping routes, and its moderate debt (ND/EBITDA 1.42) limits the impact of interest rates.
News considered in the analysis
- Addtech AB (ADDHY) Q1 2027 Earnings Call Highlights: Strong Electrification Sales and Strategic ... — Resultados del primer trimestre con ventas sólidas en electrificación, un área de crecimiento clave para el grupo.
- Addtech AB (ADDHY) Q4 2026 Earnings Call Highlights: Record EBITDA Margin and Strategic ... — Margen EBITDA récord, refuerza la narrativa de calidad y eficiencia operativa del grupo.
- Addtech AB (ADDHY) Q3 2026 Earnings Call Highlights: Strong EBITDA Growth and Strategic ... — Crecimiento sólido del EBITDA, consistente con la tendencia positiva de los últimos trimestres.
- Addtech (OM:ADDT B) Net Profit Margin Increase Reinforces Bullish Narratives Despite Premium Valuation — Aumento del margen neto que respalda la tesis alcista, aunque la valoración ya es exigente.
Verdict: Hold; business quality justifies a premium, but the P/E of 41.62 already discounts growth that may not materialize at the expected pace.
Main risk: The main risk is valuation: with a P/E of 41.62 and an FCF yield of only 2.79%, any disappointment in growth could trigger a significant correction.
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