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FM Mattsson Mora Group AB Class B
(FMM.B)
Select Model
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Rating:75Outperform
Price Target:
kr117.00
▲(12.50% Upside)
Action:Reiterated
Date:08/24/26
The score is driven primarily by strong financial health (low leverage, improving margins, and solid free cash flow) and supportive technical momentum (price above key moving averages with positive MACD). These positives are moderated by a relatively high P/E and only moderate dividend yield, which reduce valuation attractiveness.
Positive Factors
Conservative leverage
Very low leverage reduces financial risk and interest sensitivity, giving FM Mattsson Mora greater flexibility to withstand weaker construction demand or invest through a downturn. A solid equity base also supports resilience while allowing more operating cash to be directed toward growth and shareholder returns.
Negative Factors
Earnings remain below prior peak
Current profitability has not returned to the exceptional levels reached in 2021–2022, indicating that the business remains exposed to longer-cycle demand and margin normalization. This limits the evidence for a fully restored earnings base over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative leverage
Very low leverage reduces financial risk and interest sensitivity, giving FM Mattsson Mora greater flexibility to withstand weaker construction demand or invest through a downturn. A solid equity base also supports resilience while allowing more operating cash to be directed toward growth and shareholder returns.
Read all positive factors
FM Mattsson Mora Group AB Class B (FMM.B) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr4.40B
Dividend Yield2.03%
Average Volume (3M)21.81K
Price to Earnings (P/E)25.7
Beta (1Y)0.42
Revenue Growth6.17%
EPS Growth56.62%
CountrySE
Employees557
SectorIndustrials
Sector Strength72
IndustryConstruction Materials
Share Statistics
EPS (TTM)4.04
Shares Outstanding36,241,432
10 Day Avg. Volume21,940
30 Day Avg. Volume21,812
Financial Highlights & Ratios
PEG Ratio0.45
Price to Book (P/B)2.61
Price to Sales (P/S)1.42
P/FCF Ratio12.92
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)4.75
Revenue Forecast (FY)kr2.25B
FM Mattsson Mora Group AB Class B Business Overview & Revenue Model
Company Description
FM Mattsson Mora Group AB (publ) is dedicated to the creation, production, and distribution of water faucets and complementary products for bathroom and kitchen installations. These items are marketed through a portfolio of recognized brands, incl...
How the Company Makes Money
FM Mattsson Mora Group makes money mainly by manufacturing and selling water and plumbing-related products (notably faucets/mixers and associated fittings/components) under its brands to professional and retail channels. Revenue is generated from ...
FM Mattsson Mora Group AB Class B Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
86
Very Positive
Cash Flow
78
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.04B | 1.97B | 1.88B | 1.94B | 1.93B | 1.82B |
| Gross Profit | 789.70M | 748.80M | 696.97M | 699.83M | 710.83M | 703.47M |
| EBITDA | 300.20M | 205.30M | 245.85M | 293.28M | 346.09M | 395.99M |
| Net Income | 170.60M | 145.00M | 101.92M | 147.34M | 193.44M | 237.26M |
Balance Sheet | ||||||
| Total Assets | 1.94B | 1.83B | 1.83B | 1.78B | 1.80B | 1.73B |
| Cash, Cash Equivalents and Short-Term Investments | 266.70M | 247.00M | 159.20M | 135.20M | 69.65M | 193.87M |
| Total Debt | 83.80M | 87.95M | 91.55M | 102.38M | 90.90M | 44.90M |
| Total Liabilities | 865.50M | 760.30M | 765.30M | 755.92M | 798.39M | 924.50M |
| Stockholders Equity | 1.08B | 1.07B | 1.06B | 1.02B | 999.78M | 806.89M |
Cash Flow | ||||||
| Free Cash Flow | 243.00M | 216.20M | 188.50M | 216.00M | 33.03M | 228.29M |
| Operating Cash Flow | 267.80M | 255.00M | 238.40M | 266.14M | 107.75M | 275.90M |
| Investing Cash Flow | -34.50M | -38.20M | -50.24M | -49.61M | -87.43M | -123.67M |
| Financing Cash Flow | -134.20M | -121.30M | -157.77M | -151.75M | -144.44M | -162.42M |
FM Mattsson Mora Group AB Class B Technical Analysis
Positive
104.00
Price Trends
86.16
Positive
83.71
Positive
78.30
Positive
Market Momentum
5.24
Negative
69.54
Neutral
80.87
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:FMM.B, the sentiment is Positive. The current price of 104 is above the 20-day moving average (MA) of 95.35, above the 50-day MA of 86.16, and above the 200-day MA of 78.30, indicating a bullish trend. The MACD of 5.24 indicates Negative momentum. The RSI at 69.54 is Neutral, neither overbought nor oversold. The STOCH value of 80.87 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:FMM.B.
FM Mattsson Mora Group AB Class B Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | kr6.97B | 30.65 | 12.00% | 1.58% | -1.23% | ― | |
76 Outperform | kr10.66B | 20.20 | 9.57% | 3.01% | 4.80% | -6.52% | |
75 Outperform | kr4.40B | 25.74 | 15.87% | 2.27% | 6.17% | 56.62% | |
73 Outperform | kr18.53B | 23.20 | 13.24% | 1.63% | 3.31% | 20.40% | |
64 Neutral | kr29.04B | 56.86 | 10.02% | 0.99% | -4.33% | 38.59% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
54 Neutral | kr3.12B | 17.04 | 2.57% | 6.17% | 1.95% | -19.30% |
* Industrials Sector Average
SE:FMM.B
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FM Mattsson Mora Group AB Class B Corporate Events
FM Mattsson boosts margins and secures UK market leadership with Bristan deal
Aug 21, 2026
FM Mattsson Mora Group AB reported strong second-quarter 2026 results, with net sales up just over 10 percent year on year and EBITA margin nearly doubling to 15.3 percent on improved volumes, product mix and efficiency gains. Earnings and cash fl...
FM Mattsson boosts UK footprint with acquisition of Bristan Group
Jul 28, 2026
FM Mattsson Group has agreed to acquire Bristan Group Limited, the UK’s leading supplier of taps, showers and brassware, in a deal that significantly expands its presence in one of Europe’s largest bathroom and kitchen mixer markets. B...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.