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engcon AB (ENGCON-B) Fair Value & Analysis

Industrials · SE · Market cap 9.5B SEK

EA engcon AB ENGCON-B · ST
Pricekr 68.00
Fair Valuekr 24.76
Upside-63.6%
Quality60/100
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Evidence: High Range kr 12.99 – kr 37.53 📤 Share as image

Fair value as of: Jul 16, 2026

From 24 valuation models · updated 6 days ago

Fair value updated Jul 16, 2026, revised from kr 25.79 to kr 24.76 (−4.0%) since Jul 7, 2026. Share price +2.9% over the past month.

Price vs Fair Value (12 months)

kr 94.78 kr 56.19 Fair Value kr 24.76 Jul 2025 Jul 2026

12‑month range kr 56.19 – kr 94.78 · fair‑value band kr 12.99 – kr 37.53 · the kr 68.00 price screens above the kr 24.76 fair value. As of Jul 16, 2026.

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Analysis

engcon AB (ENGCON-B) currently trades at kr 68.00, while our model-based Fair Value estimate is kr 24.76, implying the stock looks roughly 63.6% overvalued today. We read business quality at 60/100 (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, engcon AB generated revenue of 2.0B SEK at a net margin of 11.9%. Revenue grew 20.9% year over year. It earns a return on equity of 30.8%. Net debt stands at 280M SEK. Fundamentals as of Jul 16, 2026

Our scenario range runs from kr 12.99 (bear case) to kr 37.53 (bull case); at kr 68.00, the current price sits above that range. The share trades about 30% below its 52-week high and 25% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -30% fair-value upside, at -64%, ENGCON-B screens richer than that median.

Key figures & financial health

Revenue (TTM) 2.0B SEK
Revenue growth (YoY) +20.9%
Net margin 11.9%
Return on equity 30.8%
Free cash flow 74.0M SEK FY2025
P/E ratio 40.7
More key figures
Operating margin 16.0%
EPS (TTM) kr 1.53
Dividend yield 1.6%
EPS growth (YoY) +30.4%
Net debt 280M SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 16, 2026. TTM = trailing twelve months.

About the company

engcon AB (publ) engages in the design, production, and sale of excavator tools in Sweden, Denmark, Norway, Finland, rest of Europe, North and South America, Japan, South Korea, Australia, New Zealand, and internationally. The company offers control systems; track and wheel control products; DC2, a proportional control system with remote support; MIG2, an integrated hand support joystick; EC-Oil, an automatic hydraulic coupling; positioning systems; locking systems; Q-Safe Light Module, a control system of warning light and sound modules; and attachment brackets. It also provides hydraulic tools, such as detachable grippers and sweepers, stone and sorting grabs, timber and combi grabs, grapple saws, sweeper rollers, pallet forks, and compactors; and mechanical tools, including cable and grading buckets, deep-digging buckets, riddle buckets, water/sewerage buckets, pallet forks, rippers, tarmac cutters, and grading beams. The company's products have applications in pipes, water and …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

engcon AB reported revenue of kr 1.9B in FY2025 versus kr 1.5B in FY2021, a compound +6.1%/yr. Reported net income was kr 218M in FY2025, compounding −7.1%/yr from FY2021.

Revenue +6.1%/yr
FY21 kr 1.5B
FY22 kr 1.9B
FY23 kr 1.9B
FY24 kr 1.6B
FY25 kr 1.9B
Net income −7.1%/yr
FY21 kr 293M
FY22 kr 305M
FY23 kr 275M
FY24 kr 216M
FY25 kr 218M

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

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Frequently asked questions

Is engcon AB (ENGCON-B) undervalued?
As of Jul 16, 2026, our model estimates a fair value of kr 24.76 versus a price of kr 68.00, about −64% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ENGCON-B?
Our model-based fair value for engcon AB is kr 24.76 (as of Jul 16, 2026), built from audited fundamentals. The current price is kr 68.00.
What is the quality score of ENGCON-B?
engcon AB has a Quality Score of 60/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of engcon AB (ENGCON-B)?
engcon AB reported trailing-twelve-month revenue of about 2.0B SEK (latest available figure, as of Jul 16, 2026).
What is the net profit margin of ENGCON-B?
The net profit margin of engcon AB is about 11.9%, meaning it keeps roughly 11.9% of revenue as net income. Based on the latest reported figures.
Does engcon AB pay a dividend?
engcon AB currently shows a dividend yield of about 1.49% relative to its recent price (as of Jul 16, 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.