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Alfa Laval AB (ALFA) Fair Value & Analysis

Industrials · SE · Market cap 231B SEK

AL Alfa Laval AB ALFA · ST
Pricekr 569.00
Fair Valuekr 372.32
Upside-34.6%
Quality63/100
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Healthy Growth
Solidly profitable · 11.8% net margin
Low debt · generates free cash flow
1.61% dividend yield
Mixed vs. peers (8/15)
Moderate moat 60/100
Evidence: High Range kr 222.76 – kr 525.35 Share as image

Fair value as of: Jul 14, 2026

From 24 valuation models · updated 26 days ago

Fair value updated Jul 14, 2026, revised from kr 371.69 to kr 372.32 (+0.2%) since Jun 24, 2026. Share price +2.9% over the past month.

A solid business, but screening 35% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 525.35). The favourable scenario is already priced in.
  • Solid but not exceptional quality (63/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (kr 222.76 to kr 525.35) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

kr 588.80 kr 218.81 Fair Value kr 372.32 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range kr 218.81 – kr 588.80 · fair‑value band kr 222.76 – kr 525.35 · the kr 569.00 price screens above the kr 372.32 fair value. Dashed = 300-day average. As of Jul 14, 2026.

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Analysis

Alfa Laval AB (ALFA) currently trades at kr 569.00, while our model-based Fair Value estimate is kr 372.32, implying the stock looks roughly 34.6% overvalued today. The Quality Score stands at 63/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Alfa Laval AB generated revenue of 69.1B SEK at a net margin of 11.8%. Revenue declined 3.3% year over year. It earns a return on equity of 18.3%. Net debt stands at 13.9B SEK. Fundamentals as of Jul 14, 2026

Our scenario range runs from kr 222.76 (bear case) to kr 525.35 (bull case); at kr 569.00, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 49% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -35%, ALFA screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF kr 176.34 kr 271.56 kr 415.20 80
Residual Income kr 135.99 kr 179.43 kr 702.49 76
Rev-Margin DCF kr 188.80 kr 313.30 kr 456.24 74
All 24 models by family
DCF Models
FCF DCF kr 172.62 kr 279.45 kr 450.86 38
Owner Earnings kr 229.40 kr 370.18 kr 596.06 31
5Y Revenue Exit kr 188.80 kr 314.03 kr 474.53 39
5Y EBITDA Exit kr 267.88 kr 462.19 kr 690.14 41
5Y P/E Exit kr 240.84 kr 411.53 kr 591.26 38
10Y Revenue Exit kr 174.84 kr 289.81 kr 445.38 36
10Y EBITDA Exit kr 233.21 kr 395.14 kr 614.00 37
10Y P/E Exit kr 215.57 kr 359.12 kr 536.67 35
Earnings-Based
Graham-Dodd kr 136.09 kr 425.81 kr 566.61 54
Lynch FV kr 92.88 kr 132.69 kr 172.49 50
PEG = 1.0 kr 92.88 kr 132.69 kr 172.49 46
EPV kr 233.83 kr 276.16 kr 313.79 59
Multiples
P/E Multiple kr 315.21 kr 420.28 kr 525.35 63
P/S Multiple kr 252.85 kr 337.14 kr 421.42 58
P/B Multiple kr 255.17 kr 340.23 kr 425.28 55
EV/EBIT kr 388.48 kr 520.00 kr 651.51 53
EV/EBITDA kr 354.69 kr 474.94 kr 595.19 54
EV/Revenue kr 206.34 kr 297.37 kr 388.40 43
Asset-Based
NCAV (Graham) kr 52.51 kr 70.37 kr 105.02 50
Growth DCF
Growth DCF kr 176.34 kr 271.56 kr 415.20 80
Rev-Margin DCF kr 188.80 kr 313.30 kr 456.24 74
Economic Profit
Residual Income kr 135.99 kr 179.43 kr 702.49 76
ROIC Compounder kr 252.28 kr 324.54 kr 409.93 72
Growth Earnings
Growth-Adj P/E kr 261.11 kr 373.01 kr 484.91 68

Widest divergence: Growth Earnings (kr 373.01) versus Asset-Based (kr 70.37). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 69.1B SEK
Revenue growth (YoY) -3.3%
Net margin 11.8%
Return on equity 18.3%
Free cash flow 6.2B SEK FY2025
P/E ratio 27.2
More key figures
Operating margin 17.1%
EPS (TTM) kr 19.80
Dividend yield 1.7%
EPS growth (YoY) -4.6%
Net debt 13.9B SEK FY2025

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 63/100

Of which business quality 62 · Market factors (momentum, volatility) 72

Profitability 55
Margins and returns on capital today
Quality Growth 47
Are margins and returns improving?
Cashflow 48
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 74
Disciplined investing over empire-building
Low Volatility 82
Calm price path (market factor)
Momentum 60
Price trend over the last 3–12 months (market factor)
52W Momentum 82
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Alfa Laval AB (publ) provides heat transfer, separation, and fluid handling products and solutions worldwide. The company operates through three divisions: Energy, Food & Pharma, and Ocean.

Full company description

Alfa Laval AB (publ) provides heat transfer, separation, and fluid handling products and solutions worldwide. The company operates through three divisions: Energy, Food & Pharma, and Ocean. It offers ballast water management systems; oil/gas-fired steam and composite steam boilers, exhaust gas economizers, electric steam boilers, and exhaust gas steam boilers; and exhaust gas cleaning products, as well as decanters and separators. The company also provides sensing and control, cleaning validation, and condition monitoring automation products; hygienic fittings, hygienic tubes, ultrapure fittings, and ultrapure tubes; agitators, tank mixers, and powder mixers; and centrifugal pumps, circumferential piston pumps, rotary lobe pumps, twin screws, three screw pumps, gear pumps, and reciprocating pumps. In addition, it offers rotary jet heads, rotary spray heads, wall mounted cleaning devices for tank cleaning, and static spray balls; and tank covers and accessories, as well as valves. Further, the company provides plate heat exchangers, air cooled heat exchangers, scraped surface heat exchangers, and tubular heat exchangers. It serves energy and utilities, home and personal care, food, dairy and beverage, marine and transportation, pharma and biotech, and water and wastewater industries. Alfa Laval AB (publ) was founded in 1883 and is headquartered in Lund, Sweden.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Alfa Laval AB reported revenue of kr 69.7B in FY2025 versus kr 40.9B in FY2021, a compound +14.2%/yr. Reported net income was kr 8.3B in FY2025, compounding +14.8%/yr from FY2021.

Growth Quality 93/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
69.7B SEK
Latest YoY
+4.1%
Avg. growth/yr (3Y)
+10.1%
Avg. growth/yr (5Y)
+10.9%
Avg. growth/yr (25Y)
+6.3%
Revenue +14.2%/yr
FY21 kr 40.9B
FY22 kr 52.1B
FY23 kr 63.6B
FY24 kr 67.0B
FY25 kr 69.7B
Net income +14.8%/yr
FY21 kr 4.8B
FY22 kr 4.5B
FY23 kr 6.3B
FY24 kr 7.4B
FY25 kr 8.3B

ALFA screens 35% overvalued. Compare with GE Vernova Inc →

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Cite: Fair Value Calculator (2026). "Alfa Laval AB Fair Value". https://www.fairvalue-calculator.com/stock/ALFA

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Specialty Industrial Machinery · 809 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 63 · Top 25%
Fair Value upside −35% · Above median
Return on equity (TTM) 18% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 17% · Top 25%
Revenue growth -3% · Below median
Dividend yield (TTM) 1.6% · Above median
Debt / equity 0.22× · Higher than median

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 28.3× · Cheaper than median
P/B 5.32× · Pricier than 75% of peers
P/S (TTM) 3.34× · Pricier than median
P/FCF 4.0× · Pricier than median
EV/EBITDA 17.1× · Pricier than median
PEG 3.23× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 0 · sector 23
PAST 73 · sector 28
HEALTH 89 · sector 96
DIVIDEND 32 · sector 24

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc 1GEV €887.60 €186.93 -79%
1SIE 1SIE €273.20 €91.93 -66%
SMNS SMNS C$31.76 C$22.68 -29%
Eaton Corporation ETN $407.28 $171.92 -58%
Atlas Copco AB ATCOA kr 195.15 kr 112.59 -42%
Sandvik AB SAND kr 384.10 kr 193.01 -50%
Doosan Enerbility Co 034020 76,400 KRW 7,938 KRW -90%
Vestas Wind Systems A/S VWS kr 178.10 kr 124.54 -30%
Zhejiang Sanhua Intelligent Controls Co 002050 ¥43.20 ¥22.68 -48%
NARI Technology Co 600406 ¥22.19 ¥18.71 -16%

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Frequently asked questions

Is Alfa Laval AB (ALFA) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of kr 372.32 versus a price of kr 569.00, about −35% (overvalued).
What is the fair value of ALFA?
Our model-based fair value for Alfa Laval AB is kr 372.32 (as of Jul 14, 2026), built from audited fundamentals. The current price is kr 569.00.
What is the quality score of ALFA?
Alfa Laval AB has a Quality Score of 63/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Alfa Laval AB (ALFA)?
Alfa Laval AB reported trailing-twelve-month revenue of about 69.1B SEK (latest available figure, as of Jul 14, 2026).
What is the net profit margin of ALFA?
The net profit margin of Alfa Laval AB is about 11.8%, meaning it keeps roughly 11.8% of revenue as net income. Based on the latest reported figures.
Does Alfa Laval AB pay a dividend?
Alfa Laval AB currently shows a dividend yield of about 1.66% relative to its recent price (as of Jul 14, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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