BE Group AB (BEGR) Fair Value & Analysis

Basic Materials · SE · Market cap 539M SEK (≈ $56.3M) · ISIN SE0008321921

Below-average quality, and trading another 50% above our fair value.

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

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

What matters now

• Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts.
• The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
• A fairly wide model range (kr 14.93 to kr 29.85) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

60‑month range kr 23.00 – kr 207.63 · fair‑value band kr 14.93 – kr 29.85 · the kr 30.00 price screens above the kr 20.00 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 27, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

BE Group AB (BEGR) currently trades at kr 30.00, while our model-based Fair Value estimate is kr 20.00, implying the stock looks roughly 33.3% overvalued today. The Quality Score stands at 35/100 (below-average quality), in the Basic Materials 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: low).

Over the trailing twelve months, BE Group AB generated revenue of 3.9B SEK at a net margin of -13.5%. Revenue declined 7.5% year over year. It earns a return on equity of -44.7%. Net debt stands at 626M SEK. Fundamentals as of Aug 27, 2026

Our scenario range runs from kr 14.93 (bear case) to kr 29.85 (bull case); at kr 30.00, 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 about 30% below its 52-week high and 31% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -22% fair-value upside, at -33%, BEGR screens richer 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.

Widest divergence: Asset-Based (kr 33.27) versus Multiples (kr 2.72). Highest evidence: EV/EBITDA (54).

Key figures & financial health

Quality Score breakdown

About the company

BE Group AB (publ) operates as a trading and service company in steel, stainless steel, and aluminum products in Sweden, Poland, Finland, and Baltics.

Full company description

BE Group AB (publ) operates as a trading and service company in steel, stainless steel, and aluminum products in Sweden, Poland, Finland, and Baltics. The company provides long steel products, including beams, hollow sections, bars, and tubes; flat steel products, such as plates and sheets in various forms comprising hot-rolled, cold-rolled, or metal-coated; and engineering steel products, consisting of alloyed and unalloyed structural steel surface modified bars, and hollow bars. It also offers stainless steel, such as plates, sheets, bars, tubes, and tube parts; reinforcement steel and reinforcement mesh products; and aluminum products, including plates, sheets, profiles, bars and tubes. In addition, the company provides production services, including cutting and sawing, blasting and painting drilling, deburring and threading of beams and profiles, gas and plasma cutting of heavy plate, cutting and slitting of strip and thin plate, ready-to-install reinforcement and welded reinforcement, post-processing, and processing in collaboration with partners; and material advice, logistics solutions, IT services that comprising web-based e-commerce, EDI, digital notifications, connection to monitor ERP, and electronic invoices. It offers its products through distributors and value-adding production services primarily to construction and manufacturing industries. BE Group AB (publ) was founded in 1868 and is headquartered in Malmö, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

BE Group AB reported revenue of kr 3.9B in FY2025 versus kr 5.4B in FY2021, a compound −7.6%/yr. Reported net income was −kr 538M in FY2025.

BEGR screens 33% overvalued. Compare with Nucor Corporation →

Peer Group

Steel · 409 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.

Valuation Multiples vs Steel median · lower = cheaper

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: 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.

Similar stocks

10 more Steel stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Explore undervalued stocks

More undervalued Basic Materials stocks →

Discover undervalued stocks

Pick a strategy and jump into the live analysis with that exact screen applied.

Discover tools

Frequently asked questions

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.