Idun Industrier AB Series B (IDUN-B) fair value: what the stock is really worth
As of Oct 19, 2026: fair value (intrinsic value) of Idun Industrier AB Series B stock SEK 174, price SEK 318, upside -45.4%, quality 50 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 13, 2026.
How to read this chart
60‑month range kr 148.44 – kr 389.54 · fair‑value band kr 80.32 – kr 326.04 · the kr 318.00 price screens above the kr 173.73 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 13, 2026.
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Idun Industrier AB (publ), an investment holding company, invests in and develops industrial and service businesses in Sweden, rest of Nordic countries, rest of Europe, and internationally.
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It offers safety and evaluator services; glass fiber reinforced fat- and oil separators; stainless-steel furnishings, kitchen machines, and related equipment, as well as stoves, heating cabinets, heaters, cookers, dispensers, air purification systems, and ovens; and coffins and urns.
The company is also involved in the trading of concrete separators; preventive maintenance services of high-voltage substations; distribution of mechanical components and machine parts; and measurements and analyses of air and flue gas.
In addition, it provides load attachments to grip, cut, saw, or weigh loads; actuators for vehicle mounted tail lifts; micronutrients and fertilizers to commercial greenhouse growers, farmers, golf courses, and peat producers; analysis of soil, water, and plant sap; and sports and training water bottles.
Further, the company offers learning and competence management tools for industrial companies and vocational upper secondary school programs; manufactures and supplies wooden workbenches and cabinets for primary schools; acquires and develops small and medium sized quality companies; and provides maintenance of pumps, pipes, composite coatings, and seals for heavy industry, water towers, water and sewerage facilities, and heating and power plants.
Additionally, it engages in the provision of technical advice, design, and manufacturing of rollers for industrial companies; manufacture of small and medium sized turbines, as well as provides maintenance and refurbishment services for renewable hydropower installations; and development, optimization, and sale of technical components and products.
Idun Industrier AB (publ) was incorporated in 2013 and is based in Stockholm, Sweden.
Stock analysis
Idun Industrier AB Series B (IDUN-B) currently trades at kr 318.00, while our model-based Fair Value estimate is kr 173.73, 45.4% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of kr 196.32 per share, and 1 of the 9 models we run sit above the kr 318.00 price.
Bear case: the Economic Profit group reads lowest at kr 47.14, and 8 of the 9 models stay below the price. Data coverage for this calculation is medium.
Scenario range: kr 80.32 (bear) to kr 326.04 (bull), the price of kr 318.00 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 50/100 (below-average quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Idun Industrier AB Series B reported revenue of 2.3B SEK in FY2025 versus 1.2B SEK in FY2021, a compound +18.6%/yr. Reported net income was 54.0M SEK in FY2025, compounding +14.4%/yr from FY2021.
Key figures
Market cap 3.7B SEK (≈ $369M) Small · P/E ratio 66.9 · P/S ratio 2.15 · EPS (TTM) kr 4.80 · Dividend yield 0.4% · Net margin 2.3% · Return on equity 9.4% · Return on assets (EBIT) 7.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 34 out of 100 (low confidence).
What moves the price
The share trades about 14% below its 52-week high and 8% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −12% fair-value upside, at −45%, IDUN-B screens richer than that median.
Fair Value models
Bearkr 80.32Fair Value kr 173.73Bullkr 326.04
Price kr 318.00 · Upside -45.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (kr 2.93 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+4.5%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+10.9%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+27.6%
Start year 2020 (pandemic). Over 10 years: +30.0% a year
Revenue growth 10 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+30.0%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis.
≈ +32.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+32.4%
Dividend (yield on the price)0.4%
Pace: 5 vs 10 years ⓘ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.23.1% vs −12.7%, picking up
Profit margin 2020 to 2025 ⓘ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.6% → 8%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 12.1%/yr over ~8Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
⚠ Rate on operating basis: 2025 sits 67% above its own trend.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+16.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Sweden: IMF forecast 2.0% a year to 2030, 2.9% from 2016 to 2025) that is about +14.6% a year for the price.
Compare Idun Industrier AB Series B with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Asset Management · 662 stocks
Beats the industry median on 3/13 measures
Overall it trails its industry peers.
Valuation
Quality Score50 · Below median
Fair Value upside−45.4% · Bottom 25%
Profitability
Return on equity (12 months)9.4% · Above median
Return on assets3.3% · Below median
Net margin (12 months)3.3% · Bottom 25%
Operating margin (12 months)8.2% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)12.8% · Above median
Dividend yield (12 months)0.4% · Bottom 25%
Balance sheet
Debt / equity1.45× · Highest 25%
Valuation Multiplesvs Asset Management median · lower = cheaper
P/E (12 months)66.9× · Priciest 25%
P/B6.02× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months)2.15× · Cheaper than median
Price / free cash flow33.7× · Priciest 25%
EV/EBITDA16.3× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 62
FUTURE (revenue growth)64· sector 39
PAST (return on equity)37· sector 25
HEALTH (low debt)27· sector 95
DIVIDEND (yield)7· sector 81
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Idun Industrier AB Series B Fair Value". https://www.fairvalue-calculator.com/stock/IDUN-B
Frequently asked questions
Is Idun Industrier AB Series B (IDUN-B) overvalued or undervalued?
As of Oct 13, 2026, our model estimates a fair value of kr 173.73 versus a price of kr 318.00, about −45% upside (overvalued).
What is the fair value of IDUN-B?
Our model-based fair value for Idun Industrier AB Series B is kr 173.73 (as of Oct 13, 2026), built from audited fundamentals. The current price: kr 318.00.
What is the quality score of IDUN-B?
Idun Industrier AB Series B has a Quality Score of 50/100. 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 Idun Industrier AB Series B (IDUN-B)?
Our model-based price target is the fair value of kr 173.73 (as of Oct 13, 2026) from 9 valuation models. Cautious scenario kr 80.32, optimistic scenario kr 326.04. It is a calculation from audited fundamentals, not an analyst target.
What is the Idun Industrier AB Series B stock forecast for 2026?
Our models put fair value at kr 173.73, about −45% upside versus a price of kr 318.00 (overvalued). Cautious scenario kr 80.32, optimistic scenario kr 326.04. The calculation is refreshed regularly with new filings.
What is the revenue of Idun Industrier AB Series B (IDUN-B)?
Idun Industrier AB Series B reported trailing-twelve-month revenue of about 2.5B SEK (latest available figure, as of Oct 13, 2026).
Does Idun Industrier AB Series B pay a dividend?
Idun Industrier AB Series B currently shows a dividend yield of 0.36% relative to its recent price (as of Oct 13, 2026).
What growth is priced into Idun Industrier AB Series B (IDUN-B)?
For today's price to be fair in a discounted-cash-flow model, Idun Industrier AB Series B would have to grow free cash flow by +16.9 % per year for five years (discount rate 9.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +27.6 % per year. As of Oct 13, 2026.
What discount rate (WACC) does the fair value of IDUN-B use?
Our models discount Idun Industrier AB Series B at 9.9 %: a base by market capitalisation (small), damped by beta 0.61, country premium for Sweden. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Idun Industrier AB Series B that is +16.9 % per year a year over ten years, using the same discount rate (9.9 %) and the same formula as our fair value.
How much growth has Idun Industrier AB Series B (IDUN-B) delivered so far?
Over the past 5 years revenue at Idun Industrier AB Series B grew +27.6 % a year. The price currently implies +16.9 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Idun Industrier AB Series B (IDUN-B) growing?
The median revenue growth in the sector is +7.5 % a year. That is the yardstick for the growth priced into Idun Industrier AB Series B (+16.9 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Idun Industrier AB Series B (IDUN-B)?
The free-cash-flow yield on the price is 4.29 %: that much free cash flow Idun Industrier AB Series B produces per unit of market value. When it exceeds the discount rate of our models (9.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Idun Industrier AB Series B (IDUN-B)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Idun Industrier AB Series B it is kr 173.73 per share (as of Oct 13, 2026), against a price of kr 318.00. It is the blended result of 9 valuation models (cash flow, earnings, asset, dividend).
Is Idun Industrier AB Series B stock overvalued or undervalued in 2026?
As of Oct 13, 2026, IDUN-B trades above its calculated fair value: price kr 318.00, fair value kr 173.73, a gap of about −45% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of IDUN-B?
No. The price is what the market pays today (kr 318.00); the fair value is what the company's own numbers justify (kr 173.73). For Idun Industrier AB Series B the two are kr 144.27 per share apart. That gap is exactly why we show both numbers side by side.
How much is Idun Industrier AB Series B worth?
The market values Idun Industrier AB Series B at about 3.7B SEK (market capitalisation, as of Oct 13, 2026). Per share that is kr 318.00; our models calculate a fair value of kr 173.73 per share.
What do the bullish and bearish scenarios say about IDUN-B?
Our models span a range for Idun Industrier AB Series B: cautious scenario kr 80.32, base kr 173.73, optimistic kr 326.04 per share (as of Oct 13, 2026, price kr 318.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of IDUN-B?
Idun Industrier AB Series B trades at a price-to-earnings ratio of 66.9 (as of Oct 13, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of kr 173.73 is built from several models across several years. Other multiples: P/B 6.0, P/S 2.1, EV/EBITDA 16.3.
How solid is the balance sheet of Idun Industrier AB Series B (IDUN-B)?
Balance-sheet figures for Idun Industrier AB Series B (as of Oct 13, 2026): return on equity 9.4%, debt of 1.45 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is IDUN-B from its 52-week high?
Idun Industrier AB Series B trades at kr 318.00, about 14% below its 52-week high of kr 370.62 and 8% above the low of kr 293.90 (as of Oct 19, 2026). Distance from the high says nothing about value: that is what the fair value of kr 173.73 is for.
Which stocks are comparable to Idun Industrier AB Series B?
From the same area (Financial Services) we also value Blackstone Inc, KKR & Co, Brookfield Corporation, Apollo Global Management, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Idun Industrier AB Series B stock attractive at the current price?
The data as of Oct 13, 2026: price kr 318.00, calculated fair value kr 173.73 (−45%), Quality Score 50/100, from 9 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of IDUN-B calculated?
We run Idun Industrier AB Series B through 9 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of kr 173.73, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.9 % above its aggregate fair value. Idun Industrier AB Series B itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Idun Industrier AB Series B (IDUN-B)?
The closing price on Oct 19, 2026 was kr 318.00. Our model-based fair value is kr 173.73, about −45% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Idun Industrier AB Series B right now?
The model range is unusually wide (kr 80.32 to kr 326.04). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Idun Industrier AB Series B (IDUN-B) come from?
Earnings per share at Idun Industrier AB Series B grew −17.9 % a year from 2015 to 2025. Broken into its drivers: revenue per share −15.0 %, EBIT margin −1.7 %, tax rate −2.8 %, residual (interest, one-offs) +1.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Idun Industrier AB Series B
How large is the market capitalisation of Idun Industrier AB Series B (IDUN-B)?
The market capitalisation of Idun Industrier AB Series B is 3.7B SEK (≈ $369M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Idun Industrier AB Series B (IDUN-B)?
The price-to-sales ratio of Idun Industrier AB Series B is 2.15 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Idun Industrier AB Series B (IDUN-B)?
Earnings per share at Idun Industrier AB Series B are kr 4.80 (price ÷ EPS = P/E 66.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Idun Industrier AB Series B (IDUN-B)?
The dividend yield of Idun Industrier AB Series B is 0.4% (payout 24.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Idun Industrier AB Series B (IDUN-B)?
The net margin of Idun Industrier AB Series B is 2.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Idun Industrier AB Series B (IDUN-B)?
The return on equity (ROE) of Idun Industrier AB Series B is 9.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Idun Industrier AB Series B (IDUN-B)?
On an EBIT basis the return on assets of Idun Industrier AB Series B is 7.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Idun Industrier AB Series B (IDUN-B)?
The operating margin of Idun Industrier AB Series B is 8.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Idun Industrier AB Series B (IDUN-B)?
Revenue at Idun Industrier AB Series B is growing +12.8% versus a year earlier (3y avg +10.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Idun Industrier AB Series B (IDUN-B)?
Earnings per share at Idun Industrier AB Series B are growing −26.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Idun Industrier AB Series B (IDUN-B) carry?
The net debt of Idun Industrier AB Series B is 835M SEK (fiscal year 2025, ≈ 5.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Oct 13, 2026