L E Lundbergfoeretagen AB (LUND.B) AI Stock Analysis

L E Lundbergfoeretagen AB

(Nasdaq OMX AB:LUND.B)

Select Model

Rating:78Outperform

Price Target:SEK 670.00▲(15.12% Upside)

Action:reiterated

Date:08/30/26

The score is driven primarily by strong financial quality (low leverage, expanding equity base, and strong TTM profitability). Supportive technical momentum and an attractive low P/E further boost the outlook, while soft revenue momentum and weaker cash conversion meaningfully temper the score.

Positive Factors

Conservative balance sheetLow leverage and a steadily expanding equity base provide financial resilience and flexibility. This reduces refinancing risk and gives the company capacity to support property operations and strategic investments through changing economic conditions.

Negative Factors

Soft revenue momentumDeclining top-line performance limits evidence of broad-based operational expansion. Persistent softness could constrain rental, development, or portfolio-related growth and make future profit improvement more dependent on valuation effects or mix.

L E Lundbergfoeretagen AB (LUND.B) vs. iShares MSCI Sweden ETF (EWD)

Market Cap: SEK 144.34B
Dividend Yield: 0.84%
Average Volume (3M): 112.82K
Price to Earnings (P/E): 7.8
Beta (1Y): 0.93
Revenue Growth: -3.57%
EPS Growth: 154.56%
Country: Sweden
Employees: 4,097
Sector: General
Sector Strength: 55
Industry: Conglomerates

L E Lundbergfoeretagen AB Business Overview & Revenue Model

Company Description

Founded in 1944 and based in Stockholm, Sweden, L E Lundbergföretagen AB (publ) is a diversified enterprise with both domestic and international operations. The company is primarily engaged in the production and sale of paperboard, paper, and sawn ti...

How the Company Makes Money

The company primarily makes money through (1) income and value creation from its wholly owned/controlled real estate operations and (2) returns from its financial/strategic equity holdings. Real estate earnings are generated from rental income from t...

L E Lundbergfoeretagen AB Financial Statement Overview

Summary

Strong overall fundamentals supported by very strong TTM profitability and a conservative balance sheet with low leverage and a growing equity base. Offsetting factors are soft recent revenue momentum and weaker cash conversion (free cash flow is a modest share of net income), which raises questions about earnings sustainability.

Income Statement

78Positive

Balance Sheet

85Very Positive

Cash Flow

67Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	28.85B	29.07B	31.37B	30.64B	31.41B	26.20B
Gross Profit	11.20B	5.28B	15.09B	15.33B	18.40B	13.42B
EBITDA	24.17B	17.66B	11.87B	11.20B	9.51B	18.75B
Net Income	18.49B	12.08B	6.30B	7.25B	1.51B	11.37B
Balance Sheet
Total Assets	257.33B	241.55B	224.40B	216.10B	211.75B	202.52B
Cash, Cash Equivalents and Short-Term Investments	0	1.53B	1.28B	2.04B	2.79B	2.21B
Total Debt	25.58B	24.57B	20.55B	19.65B	20.84B	22.14B
Total Liabilities	64.97B	62.49B	57.69B	55.77B	57.82B	55.35B
Stockholders Equity	143.42B	127.79B	113.73B	107.56B	99.82B	99.58B
Cash Flow
Free Cash Flow	2.49B	1.88B	5.55B	8.23B	7.36B	4.79B
Operating Cash Flow	8.35B	8.25B	7.67B	9.89B	8.74B	6.49B
Investing Cash Flow	-5.83B	-6.34B	-5.88B	-5.16B	-4.26B	-4.56B
Financing Cash Flow	-2.48B	-1.64B	-2.55B	-5.50B	-3.91B	-1.34B

L E Lundbergfoeretagen AB Technical Analysis

Technical Analysis SentimentPositive

Last Price582.00

Price Trends

50DMA578.12Positive

100DMA568.69Positive

200DMA553.10Positive

Market Momentum

MACD1.13Negative

RSI56.61Neutral

STOCH89.28Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:LUND.B, the sentiment is Positive. The current price of 582.00 is above the 20-day moving average (MA) of 570.65, above the 50-day MA of 578.12, and above the 200-day MA of 553.10, indicating a bullish trend. The MACD of 1.13 indicates Negative momentum. The RSI at 56.61 is Neutral, neither overbought nor oversold. The STOCH value of 89.28 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:LUND.B.

L E Lundbergfoeretagen AB Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

SE:LUND.B against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SE:INDU.C	86Outperform	SEK 224.83B	4.19	25.59%	1.69%	-1.43%	290.11%
SE:INVE.A	81Outperform	SEK 1.30T	6.09	20.83%	1.30%	1.50%	204.93%
SE:LUND.B	78Outperform	SEK 144.34B	7.81	14.04%	0.84%	-3.57%	154.56%
SE:EQT	65Neutral	SEK 386.11B	32.18	―	1.50%	-18.18%	20.49%
SE:BURE	61Neutral	SEK 22.72B	4.52	24.04%	0.90%	-3.49%	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
SE:RATO.B	54Neutral	SEK 13.28B	-56.44	-1.68%	3.44%	-23.16%	-128.59%

* General Sector Average

Performance Comparison

SE:LUND.B and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
SE:LUND.B	L E Lundbergfoeretagen AB	582.00	81.84	16.36%
SE:INDU.C	Industrivarden AB Class C	519.20	129.96	33.39%
SE:INVE.A	Investor AB (0NC5)	419.10	109.25	35.26%
SE:RATO.B	Ratos AB (0KBQ)	40.64	4.39	12.11%
SE:BURE	Bure Equity AB	306.20	33.40	12.25%
SE:EQT	EQT AB	309.00	-12.41	-3.86%

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.

Date of analysis: Aug 30, 2026

L E Lundbergfoeretagen AB AI Stock Analysis