NOTE AB (NQA) Price & Analysis
NQA Stock Chart & Stats
- Day’s Range
- EUR 14.22 - EUR 14.44
- 52-Week Range
- EUR 12.61 - EUR 18.73
- Previous Close
- EUR 14.52
- Volume
- 0
- Average Volume (3M)
- 0
- Market Cap
- EUR 413.03M
- Enterprise Value
- EUR 6.14B
- Total Cash (Recent Filing)
- EUR 144.00M
- Total Debt (Recent Filing)
- EUR 1.80B
- Price to Earnings (P/E)
- 18.2
- Beta
- 0.30
- Next Earnings
- Jan 26, 2027
- EPS Estimate
- 0.31
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Renewed Revenue Growth
TTM revenue growth of 5.7% indicates renewed demand after modest declines, helping restore scale across NOTE’s outsourced electronics platform. Continued growth can support factory utilization, customer retention, and operating leverage if volumes remain durable.
Solid Operating Margins
Operating margin near 9% and net margin near 6% show NOTE is converting manufacturing revenue into meaningful profit. The improvement versus 2022 provides a base for reinvestment and resilience, although maintaining it depends on cost and pricing discipline.
End-to-End Customer Support
NOTE covers development, industrialization, prototyping, series production and logistics, allowing it to support customers across the product lifecycle. This breadth can deepen customer relationships and make the company more embedded than a single-stage assembler.
Bears Say
Higher Leverage
Debt has risen materially and is now close to equity, reducing NOTE’s financial flexibility if earnings or cash generation weaken. Higher leverage can constrain future investment choices and increase the importance of maintaining stable operating performance.
Weak Cash Conversion
The sharp decline in operating and free cash flow weakens the quality of recent earnings and leaves less internally generated funding for investment or debt reduction. Persistently lower conversion would increase reliance on balance-sheet capacity and external financing.
Profitability Compression
Net-margin compression suggests that NOTE is retaining less profit from each unit of revenue than during recent peak periods. If this sensitivity persists, revenue growth may translate less effectively into earnings and reduce the buffer against operating cost pressure.
NOTE AB News
NQA FAQ
What was NOTE AB’s price range in the past 12 months?
What is NOTE AB’s market cap?
When is NOTE AB’s upcoming earnings report date?
How were NOTE AB’s earnings last quarter?
Is NOTE AB overvalued?
Does NOTE AB pay dividends?
What is NOTE AB’s EPS estimate?
How many shares outstanding does NOTE AB have?
What happened to NOTE AB’s price movement after its last earnings report?
Which hedge fund is a major shareholder of NOTE AB?
What is the TipRanks Smart Score and how is it calculated?
Company Description
NOTE AB
NOTE AB (publ) is an international provider of electronics manufacturing services, operating across Sweden, Finland, the United Kingdom, Estonia, and China, serving a diverse global customer base. The company delivers sophisticated production solutions, engaging in close partnership with clients from concept to completion. Its extensive service portfolio ranges from expert component selection and the design of specialized test equipment to initial prototyping, large-scale serial production, and crucial after-sales support. NOTE's manufacturing expertise encompasses Printed Circuit Board Assemblies (PCBAs), various sub-assemblies, and comprehensive box-build products. The firm primarily serves demanding sectors including medical technology (medtech), green technology (greentech), industrial manufacturing, and communications. Established in 1999, NOTE AB (publ) is headquartered in Stockholm, Sweden.
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- CEO
- Johannes Lind-Widestam
- Employees
- 1,800
- Website
- www.note-ems.com
- Address
- Box 3691, Stockholm, AB, 103 59, SE
NOTE AB (NQA) Earnings & Revenues
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 7 | 1 | 14 |
| Technical Analysis | 6 | 1 | 3 |
| Moving Averages | 1 | 0 | 11 |




