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Lagercrantz Group AB Class B
(LAGR.B)
Select Model
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Rating:66Neutral
Price Target:
kr237.00
▲(4.41% Upside)
Action:Reiterated
Date:10/24/26
The score is primarily supported by strong financial performance—solid margins, multi-year growth, and healthy free-cash-flow conversion—tempered by meaningful leverage and only moderate debt coverage. Technicals are currently weak with price below key moving averages and a low RSI, while valuation is a notable headwind given the high P/E and modest dividend yield.
Positive Factors
Niche technology platform
The decentralized portfolio model gives Lagercrantz exposure to multiple specialized technology niches while preserving local customer and supplier expertise. Acquisitions can add new verticals and capabilities, and group ownership can support cross-selling and disciplined capital allocation over time.
Negative Factors
Meaningful leverage
Debt slightly exceeds equity, making the balance sheet less resilient than that of a low-leverage peer. This can increase sensitivity to funding costs and economic slowdowns, while reducing financial flexibility for acquisitions or other investments if conditions weaken.
Read all positive and negative factors
Positive Factors
Negative Factors
Niche technology platform
The decentralized portfolio model gives Lagercrantz exposure to multiple specialized technology niches while preserving local customer and supplier expertise. Acquisitions can add new verticals and capabilities, and group ownership can support cross-selling and disciplined capital allocation over time.
Read all positive factors
Lagercrantz Group AB Class B (LAGR.B) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr46.68B
Dividend Yield1.09%
Average Volume (3M)202.39K
Price to Earnings (P/E)35.3
Beta (1Y)1.32
Revenue Growth16.99%
EPS Growth21.47%
CountrySE
Employees3,822
SectorIndustrials
Sector Strength72
IndustryConglomerates
Share Statistics
EPS (TTM)6.47
Shares Outstanding199,442,840
10 Day Avg. Volume194,474
30 Day Avg. Volume202,388
Financial Highlights & Ratios
PEG Ratio1.94
Price to Book (P/B)9.24
Price to Sales (P/S)3.86
P/FCF Ratio31.83
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)7.28
Revenue Forecast (FY)kr12.37B
Lagercrantz Group AB Class B Business Overview & Revenue Model
Company Description
Lagercrantz Group AB (publ) functions as a technology enterprise with a significant operational footprint across Sweden, Denmark, Norway, Finland, the United Kingdom, Germany, Poland, the wider European region, and globally. The company is structu...
How the Company Makes Money
Lagercrantz Group makes money primarily by selling specialized technology products, systems, and associated services through its portfolio of operating subsidiaries. Revenue is generated mainly from B2B distribution and solution sales, where subsi...
Lagercrantz Group AB Class B Financial Statement Overview
Summary
Income Statement
86
Very Positive
Balance Sheet
72
Positive
Cash Flow
78
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 11.58B | 10.61B | 9.39B | 8.13B | 7.25B | 5.48B |
| Gross Profit | 4.52B | 4.17B | 3.66B | 3.20B | 2.74B | 2.09B |
| EBITDA | 2.06B | 2.26B | 1.83B | 1.70B | 1.43B | 1.08B |
| Net Income | 1.33B | 1.20B | 1.02B | 877.00M | 758.00M | 572.00M |
Balance Sheet | ||||||
| Total Assets | 14.48B | 12.77B | 11.22B | 9.84B | 8.03B | 6.21B |
| Cash, Cash Equivalents and Short-Term Investments | 419.00M | 331.00M | 456.00M | 355.00M | 360.00M | 210.00M |
| Total Debt | 5.61B | 4.54B | 4.04B | 3.25B | 2.63B | 2.16B |
| Total Liabilities | 9.86B | 8.34B | 7.38B | 6.37B | 5.02B | 3.98B |
| Stockholders Equity | 4.63B | 4.44B | 3.84B | 3.47B | 3.01B | 2.23B |
Cash Flow | ||||||
| Free Cash Flow | 1.25B | 1.29B | 1.20B | 1.21B | 892.00M | 471.00M |
| Operating Cash Flow | 1.50B | 1.50B | 1.32B | 1.33B | 1.07B | 594.00M |
| Investing Cash Flow | -1.16B | -1.31B | -1.29B | -1.29B | -1.02B | -765.00M |
| Financing Cash Flow | -529.00M | -316.00M | 90.00M | -47.00M | 87.00M | 224.00M |
Lagercrantz Group AB Class B Technical Analysis
Positive
227.00
Price Trends
225.61
Positive
230.32
Negative
224.55
Positive
Market Momentum
0.34
Positive
52.00
Neutral
60.20
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:LAGR.B, the sentiment is Positive. The current price of 227 is below the 20-day moving average (MA) of 228.79, above the 50-day MA of 225.61, and above the 200-day MA of 224.55, indicating a bullish trend. The MACD of 0.34 indicates Positive momentum. The RSI at 52.00 is Neutral, neither overbought nor oversold. The STOCH value of 60.20 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:LAGR.B.
Lagercrantz Group AB Class B Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | kr23.49B | 33.18 | 23.70% | 1.03% | 11.13% | 16.93% | |
66 Neutral | kr46.68B | 35.33 | 29.82% | 1.09% | 16.99% | 21.47% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | kr125.73B | 31.96 | 19.26% | 0.98% | 7.11% | 10.47% | |
61 Neutral | kr83.84B | 36.29 | 28.37% | 1.16% | 4.32% | 15.23% | |
60 Neutral | kr25.51B | 32.60 | 18.20% | 0.97% | 8.13% | 32.45% | |
58 Neutral | kr6.95B | 26.38 | 13.53% | 1.60% | 1.00% | ― |
* Industrials Sector Average
SE:LAGR.B
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Lagercrantz Group AB Class B Corporate Events
Lagercrantz Delivers Double-Digit Growth and Profit Surge in Q2 2026/27
Oct 23, 2026
Lagercrantz Group reported strong second-quarter results for 2026/27, with net revenue up 22% to SEK 2.99 billion, driven by 12% organic growth and contributions from recent acquisitions, while operating profit rose 21% and the EBITA margin remain...
Lagercrantz Executives Fully Subscribe Long-Term Call Option Incentive Plan
Oct 1, 2026
Lagercrantz Group AB has fully subscribed its share-based incentive programme, with 800,000 call options on repurchased Class B shares taken up by approximately 81 managers and senior executives. The options were priced at SEK 28.90 each, based on...
Lagercrantz AGM Approves Dividend, Share Buyback Mandate and New Incentive Plan
Aug 25, 2026
Lagercrantz Group AB’s Annual General Meeting approved the 2025/26 financial statements and set a dividend of SEK 2.50 per share, reaffirming its shareholder payout policy. The meeting also granted discharge from liability to the board and C...
Lagercrantz boosts Control division with acquisition of U.K. sensor specialist bf1 Solutions
Aug 17, 2026
Lagercrantz Group AB has strengthened its Control division by acquiring 88% of bf1 Solutions Limited, a U.K.-based producer of high-performance measurement systems for demanding applications in motorsport and defence, leaving bf1’s managing ...
Lagercrantz expands radon operations with Skandinavisk Radoninvest acquisition
Aug 14, 2026
Lagercrantz Group’s subsidiary Radonova Laboratories has acquired 100 percent of the shares in Skandinavisk Radoninvest AS, a Norwegian radon specialist with more than 20 years in the industry. Skandinavisk Radoninvest and its units Radonor,...
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.