Lagercrantz Group LAGR-B.ST
SwedenIndustrials · ConglomeratesNasdaq Estocolmo · SEK
268.88 SEK (+19.1%)
8 analysts
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Lagercrantz Group is a Swedish industrial conglomerate that acquires and operates niche technology companies in electronics, mechanics, and automation solutions, with a growth model based on acquisitions and operational improvement.
Listed on Nasdaq Estocolmo · Symbol LAGR-B.ST · STO: LAGR-B · Currency SEK
Key points
from its scores- ✓Strong growth7.7
- ✓High-quality business7.0
- ✕Demanding valuation2.9
- !Weak share-price trend5.4
- !Modest dividend5.5
AI analysis
bottom line, main risk, context and newsQuality and growth justify a premium, but the P/E of 37.26 already discounts it; wait for a better entry point or a larger discount.
Lagercrantz combines exceptional profitability (ROE 28.47%, ROIC 16.86%) with solid growth (revenue +17.6%), but its demanding valuation (P/E 37.26, EV/EBITDA 24.04) and moderate leverage (Net Debt/EBITDA 2.13) limit the appeal at current prices.
The main risk is valuation: with a P/E of 37.26 and an FCF yield of only 2.51%, any slowdown in earnings growth (20.3%) or in the pace of acquisitions could compress the multiple sharply.
Context and risks
No recent relevant news and no material exposure to current macro factors. The niche technology acquisition business does not depend on commodities or shipping routes, and its moderate debt (Net Debt/EBITDA 2.13) limits the impact of interest rates.
Is Lagercrantz Group stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 56% above the Industrials median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 37.3 | 25.4 | +47% |
| EV / EBITDA | 24.0 | 14.5 | +66% |
| Price / book | 9.9 | 4.1 | +143% |
| Price / sales | 4.2 | 2.1 | +105% |
Sector: median of the 388 Industrials companies analysed. In bold, the multiples used for the comparison.
Valuation score: 2.9 out of 10 (median for Industrials: 5.0).
Average analyst target: 268.88 SEK, +19.1% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 7.0 (sector 5.8), Growth 7.7 (sector 6.6).
Classic formulas with standard assumptions (0.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Industrials medianValuation
- P/E
- 37.3
- Forward P/E
- 41.6
- EV / EBITDA
- 24.0
- Price / book
- 9.9
- Price / sales
- 4.2
- PEG
- 3.02
- Market cap
- 46.6B SEK
- Enterprise value
- 51.1B SEK
Profitability
- ROE
- 28.5%
- ROA
- 8.4%
- ROIC (approx.)
- 16.9%
- Gross margin
- 39.1%
- Operating margin
- 14.7%
- Net margin
- 11.3%
- Free cash flow
- 1.2B SEK
- FCF yield
- 2.5%
- Cash conversion
- 55%
Solvency
- Total debt
- 4.9B SEK
- Net debt
- 4.5B SEK
- Cash
- 386.0M SEK
- EBITDA
- 2.1B SEK
- Net debt / EBITDA
- 2.13
- Debt / equity
- 104.11
- Current ratio
- 1.31
- Quick ratio
- 0.78
Growth
- Revenue growth
- +17.6%
- Earnings growth
- +20.3%
- EPS (TTM)
- 6.06 SEK
- EPS (forward)
- 5.43 SEK
Dividend
- Dividend yield
- 1.1%
- Payout
- 36.3%
Risk and market
- Beta
- 1.15
- Analyst consensus
- Buy (8)
- Target price
- 268.88 SEK
- 52-week range
- 185.20 – 266.80
Recent news
All LAGR-B.ST news →Compare it with its sector
All 388 in Industrials →Frequently asked questions about Lagercrantz Group
Is Lagercrantz Group stock cheap or expensive?
On P/E and EV / EBITDA, it trades 56% above the Industrials median on average. Valuation score: 2.9 out of 10 (median for Industrials: 5.0). Average analyst target: 268.88 SEK, +19.1% versus the price. This is not investment advice.
What score does Lagercrantz Group get on MeridIAn Screener?
It scores 5.6 out of 10, rank 1,343 of 2,130 (better than 35% of the companies analysed). Its strongest category is Growth (7.7) and its weakest, Valuation (2.9). Analysis of 08/10/2026.
What is Lagercrantz Group's P/E ratio?
Its P/E is 37.3: the share price equals 37.3 times earnings per share over the last 12 months. The Industrials median is 25.4. Based on the earnings analysts expect, the forward P/E is 41.6.
How much is Lagercrantz Group worth on the stock market?
Its market capitalisation is 46.6B SEK and its enterprise value, debt included, is 51.1B SEK.
How much debt does Lagercrantz Group have?
Its net debt (debt minus cash) is 4.5B SEK. That is 2.13 times its EBITDA; the Industrials median is 1.58.
Does Lagercrantz Group pay a dividend?
Yes: its dividend yield is 1.11% and it pays out 36% of its earnings.
How has Lagercrantz Group stock performed over the last year?
It has risen 9.5% over the last year, excluding dividends. Over the last 52 weeks it has traded between 185.20 and 266.80 SEK. Past performance does not guarantee future results.
What do analysts think of Lagercrantz Group?
8 analysts cover it; their average recommendation is “Buy” and their average target is 268.88 SEK (+19.1% versus the price). It is an estimate, not market data.