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Alligo AB (ALLIGO-B) Fair Value & Analysis

Industrials · SE · Market cap 6.3B SEK (≈ $654M) · ISIN SE0009922305

What is Alligo AB really worth?

AA Alligo AB ALLIGO-B · ST
Pricekr 137.00
Fair Valuekr 103.08
Upside−24.8%
Quality58/100

A solid business, but trading 33% above our fair value of kr 103.08.

As of Aug 23, 2026, the fair value of Alligo AB is kr 103.08 per share against a price of kr 137.00, so the fair value sits 25% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Moderate debt · generates free cash flow

Risks

!Mixed Growth (revenue 5y +4.7 %/yr)
!Thin margins · 3.4% net margin
!Mixed vs. peers (7/14)
!Narrow moat 39/100
!Weak on dividend: 22 out of 100

For context

·1.09% dividend yield
Evidence: High Range kr 67.19 – kr 138.34

Fair value as of: Aug 23, 2026

From 23 valuation models · updated 14 days ago

Share price +2.9% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (kr 67.19 to kr 138.34) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

kr 152.85 kr 69.95 Fair Value kr 103.08 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 23, 2026.

How to read this chart

60‑month range kr 69.95 – kr 152.85 · fair‑value band kr 67.19 – kr 138.34 · the kr 137.00 price screens above the kr 103.08 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 23, 2026.

Full chart & analysis →

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Analysis

Alligo AB (ALLIGO-B) currently trades at kr 137.00, while our model-based Fair Value estimate is kr 103.08, implying the stock looks roughly 32.9% overvalued today. The Quality Score stands at 58/100 (solid quality), in the Industrials sector. Bull case: the DCF Models group reads highest at a median of kr 133.20 per share, and 7 of the 23 models we run sit above the kr 137.00 price. Bear case: the Asset-Based group reads lowest at kr 50.74, and 16 of the 23 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Alligo AB generated revenue of 8.4B SEK at a net margin of 3.4%. Revenue grew 59.3% year over year. It earns a return on equity of 12.8%. Net debt stands at 4.0B SEK. Fundamentals as of Aug 23, 2026

Our scenario range runs from kr 67.19 (bear case) to kr 138.34 (bull case); at kr 137.00, the current price sits within 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 about 8% below its 52-week high and 36% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at −39% fair-value upside, at −25%, ALLIGO-B screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly kr 2.87 per share, which is 2.8 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF kr 108.86 kr 172.93 kr 262.07 79
Growth DCF kr 112.12 kr 170.48 kr 247.74 78
Owner Earnings kr 124.89 kr 196.05 kr 295.07 76
All 23 models by family
DCF Models
FCF DCF kr 108.86 kr 172.93 kr 262.07 79
Owner Earnings kr 124.89 kr 196.05 kr 295.07 76
5Y Revenue Exit kr 76.47 kr 128.36 kr 191.91 72
5Y EBITDA Exit kr 143.06 kr 248.35 kr 367.30 74
5Y P/E Exit kr 63.85 kr 105.61 kr 147.06 70
10Y Revenue Exit kr 84.82 kr 133.20 kr 192.91 66
10Y EBITDA Exit kr 128.48 kr 213.04 kr 319.34 67
10Y P/E Exit kr 79.82 kr 118.07 kr 160.58 64
Earnings-Based
Graham-Dodd kr 35.84 kr 91.31 kr 118.76 65
PEG = 1.0 kr 17.01 kr 24.29 kr 31.58 57
EPV kr 47.19 kr 60.29 kr 71.59 74
Multiples
P/E Multiple kr 83.00 kr 110.67 kr 138.34 63
P/S Multiple kr 67.19 kr 89.59 kr 111.99 58
P/B Multiple kr 67.19 kr 89.59 kr 111.99 55
EV/EBIT kr 102.72 kr 148.89 kr 195.06 65
EV/EBITDA kr 191.01 kr 266.61 kr 342.21 67
EV/Revenue kr 63.07 kr 105.44 kr 147.81 52
Asset-Based
NCAV (Graham) kr 37.87 kr 50.74 kr 75.74 54
Growth DCF
Growth DCF kr 112.12 kr 170.48 kr 247.74 78
Rev-Margin DCF kr 76.47 kr 130.18 kr 189.36 72
Economic Profit
Residual Income kr 60.37 kr 63.05 kr 66.13 76
ROIC Compounder kr 47.19 kr 60.29 kr 71.59 72
Growth Earnings
Growth-Adj P/E kr 64.33 kr 91.90 kr 119.47 67

Widest divergence: DCF Models (kr 133.20) versus Asset-Based (kr 50.74). Highest evidence: FCF DCF (79).

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Key figures & financial health

P/E ratio 23.6
P/S ratio 0.65 P/E × margin
EPS (TTM) kr 5.73 price ÷ EPS = P/E 23.6
Dividend yield 1.1% payout 26.2%
Net margin 2.7% FY2025
Return on equity 12.8% TTM
More key figures
Profitability
Return on assets (EBIT) 6.4% avg 5y
Operating margin 7.3% TTM
Growth
Revenue (TTM) 8.4B SEK TTM
Revenue growth (YoY) +59.3% 3y avg +1.2%
EPS growth (YoY) +37.3%
Balance sheet & cash flow
Free cash flow 695M SEK FY2025
Net debt 4.0B SEK FY2025 · ≈ 5.8 yrs of FCF

Figures from reported company fundamentals · as of Aug 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 57 · Market factors (momentum, volatility) 57

Profitability 34
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 67
Earnings quality: real cash, not paper profit
Fin. Strength 49
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 55
Price trend over the last 3–12 months (market factor)
52W Momentum 70
Distance to the 52-week high (market factor)
Net Issuance 83
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Alligo AB (publ) provides workwear, personal protection, tools, and consumables in Sweden, Norway, and Finland. The company offers personal protective equipment and clothing, such as workwear, shoes, gloves, protective equipment, profile clothing, and accessories; and tools, including machines, hand tools, power tools, and measuring tools, as well as …

Full company description

Alligo AB (publ) provides workwear, personal protection, tools, and consumables in Sweden, Norway, and Finland. The company offers personal protective equipment and clothing, such as workwear, shoes, gloves, protective equipment, profile clothing, and accessories; and tools, including machines, hand tools, power tools, and measuring tools, as well as cutting, grinding, and drilling tools. It also provides oils, chemical products, and automotive and garage products; industry and welding products comprising hydraulics, hoses, and welds; lifting and load securing, equipment, supplies, and other equipment for the workplace; screws, nails, plugs, fittings, and expanders; and flow technology, outdoor products, various equipment and services. The company offers its products under 1832, 4USE, AmPro, AWARD, Bjornklader, Gesto, INNO, NUAIR, PROWEL, and UNIVERN brands. It serves fishing and aquaculture, agriculture and forestry, repair and maintenance, transport and storage, oil and gas, public sector, manufacturing, construction, and other industries. The company was formerly known as Momentum Group AB (publ) and changed its name to Alligo AB (publ) in December 2021. Alligo AB (publ) was founded in 1963 and is headquartered in Stockholm, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Alligo AB reported revenue of 9.6B SEK in FY2025 versus 8.5B SEK in FY2021, a compound +3.0%/yr. Reported net income was 261M SEK in FY2025, compounding −2.7%/yr from FY2021.

Growth Quality 68/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
9.6B SEK
Latest YoY
+2.3%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+1.2%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+4.7%
Avg. revenue growth/yr (11Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.4%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years, EBIT basis) plus dividend yield: value created per share and year.
+6.0% · in SEK
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+4.9%
Dividend yield1.1%
Trend Two data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.5Y −2.0% vs 10Y 0.6%, steady
Operating margin (EBIT) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.4.0% (2020) → 5.6% (2025) · rising
Worst earnings drop70% (2016) · in SEK
Revenue +3.0%/yr
FY21 8.5B SEK
FY22 9.2B SEK
FY23 9.3B SEK
FY24 9.3B SEK
FY25 9.6B SEK
Net income −2.7%/yr
FY21 291M SEK
FY22 481M SEK
FY23 491M SEK
FY24 274M SEK
FY25 261M SEK
Character of growth · EPS growth decomposed (2014-2025) +6.9 % p.a.
Revenue per share −0.1 %

of which total revenue +6.8 % · buybacks/dilution −6.4 %

EBIT margin +9.1 %
Tax rate +0.1 %
Residual (interest, one-offs) −2.0 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

ALLIGO-B screens 33% overvalued. Compare with W.W. Grainger, Inc →

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Cite: Fair Value Calculator (2026). "Alligo AB Fair Value". https://www.fairvalue-calculator.com/stock/ALLIGO-B

Peer Group

Industrial Distribution · 112 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 58 · Above median
Fair Value upside −25% · Below median
Return on equity (TTM) 13% · Above median
Return on assets 5% · Above median
Net margin (TTM) 3% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth 59% · Top 25%
Dividend yield (TTM) 1.1% · Below median
Debt / equity 0.60× · Higher than 75% of peers

Valuation Multiples vs Industrial Distribution median · lower = cheaper

P/E (TTM) 23.6× · Pricier than median
P/B 1.67× · Pricier than median
P/S (TTM) 0.75× · Pricier than median
P/FCF 0.9× · Cheaper than 75% of peers
EV/EBITDA 10.9× · Pricier than median

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 33
FUTURE100 · sector 18
PAST51 · sector 35
HEALTH70 · sector 91
DIVIDEND22 · sector 36

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

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

Similar stocks

10 more Industrial Distribution stocks, each showing price versus our Fair Value estimate (as of Aug 23, 2026).

Stock Price Fair Value vs Fair Value
W.W. Grainger, Inc GWW $1,306 $613.88 −53%
Fastenal Company FAST $49.60 $20.64 −58%
Ferguson Enterprises Inc FERG $245.18 $148.98 −39%
WESCO International, Inc WCC $347.60 $213.01 −39%
Watsco, Inc WSO $315.13 $251.37 −20%
Toromont Industries Ltd TIH C$199.59 C$127.90 −36%
Applied Industrial Technologies, Inc AIT $319.11 $191.65 −40%
Finning International Inc FTT C$91.56 C$76.38 −17%
Addtech AB ADDTB kr 344.00 kr 156.35 −55%
Core & Main, Inc CNM $45.45 $49.47 +9%

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Frequently asked questions

Is Alligo AB (ALLIGO-B) overvalued or undervalued?
As of Aug 23, 2026, our model estimates a fair value of kr 103.08 versus a price of kr 137.00, about −25% upside (overvalued).
What is the fair value of ALLIGO-B?
Our model-based fair value for Alligo AB is kr 103.08 (as of Aug 23, 2026), built from audited fundamentals. The current price: kr 137.00.
What is the quality score of ALLIGO-B?
Alligo AB has a Quality Score of 58/100. 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 price target for Alligo AB (ALLIGO-B)?
Our model-based price target is the fair value of kr 103.08 (as of Aug 23, 2026) from 23 valuation models. Cautious scenario kr 67.19, optimistic scenario kr 138.34. It is a calculation from audited fundamentals, not an analyst target.
What is the Alligo AB stock forecast for 2026?
Our models put fair value at kr 103.08, about −25% upside versus a price of kr 137.00 (overvalued). Cautious scenario kr 67.19, optimistic scenario kr 138.34. The calculation is refreshed regularly with new filings.
What is the revenue of Alligo AB (ALLIGO-B)?
Alligo AB reported trailing-twelve-month revenue of about 8.4B SEK (latest available figure, as of Aug 23, 2026).
What is the net profit margin of ALLIGO-B?
The net profit margin of Alligo AB is about 3.4%, meaning it keeps roughly 3.4% of revenue as net income. Based on the latest reported figures.
Does Alligo AB pay a dividend?
Alligo AB currently shows a dividend yield of about 1.09% relative to its recent price (as of Aug 23, 2026).
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