Investment AB Latour (publ) (LATO-B) fair value: what the stock is really worth
As of Oct 19, 2026: fair value (intrinsic value) of Investment AB Latour (publ) stock SEK 74.62, price SEK 209, upside -64.3%, quality 54 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 158.09 – kr 337.19 · fair‑value band kr 64.91 – kr 138.07 · the kr 208.90 price screens above the kr 74.62 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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Investment AB Latour (publ) is an investment firm. The firm prefer to invest in companies for long term with Development, manufacture and marketing of proprietary products under their own brands.
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It prefer to invest in companies with 10 percent average annual growth over a business cycle, 10 percent operating margin over a business cycle, and 15 - 20 percent return on operating capital over a business cycle. It takes an active role on the board of its investee company.
The firm was previously known as AB Hevea. Investment AB Latour (publ) was founded in 1984 and is based in Gothenburg, Sweden with an additional office in Malmo, Sweden and Stockholm, Sweden.
Stock analysis
Investment AB Latour (publ) (LATO-B) currently trades at kr 208.90, while our model-based Fair Value estimate is kr 74.62, 64.3% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of kr 174.50 per share, and 1 of the 9 models we run sit above the kr 208.90 price.
Bear case: the Asset-Based group reads lowest at kr 26.49, and 8 of the 9 models stay below the price. Data coverage for this calculation is high.
Scenario range: kr 64.91 (bear) to kr 138.07 (bull), the price of kr 208.90 sits above 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 54/100 (solid quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Investment AB Latour (publ) reported revenue of 28.1B SEK in FY2025 versus 18.6B SEK in FY2021, a compound +11.0%/yr. Reported net income was 4.9B SEK in FY2025, compounding +3.0%/yr from FY2021.
Key figures
Market cap 134B SEK (≈ $13.5B) Large · P/E ratio 20.0 · P/S ratio 4.76 · EPS (TTM) kr 10.45 · Dividend yield 2.4% · Net margin 23.7% · Return on equity 15.6% · Return on assets (EBIT) 5.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 63 out of 100 (low confidence).
What moves the price
The share trades about 13% below its 52-week high and 12% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −14% fair-value upside, at −64%, LATO-B screens richer than that median.
Fair Value models
Bearkr 64.91Fair Value kr 74.62Bullkr 138.07
Price kr 208.90 · Upside -64.3%
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 4.29 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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+8.7%
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.
+7.6%
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.
+13.4%
Start year 2020 (pandemic). Over 10 years: +12.5% a year
Revenue growth 20 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.
+9.2%
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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.
+0.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−1.6%
Dividend (yield on the price)2.4%
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.−1.6% vs 3.0%, slowing
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.14% → 13%
News mood ⓘNews mood, the average tone of recent news (31 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Very negative
AI conclusion: The business shows decent margins in its industrial operations but is held back by negative free cash flow and elevated leverage relative to equity.
Main risk: Elevated leverage relative to equity together with negative free cash flow forms the biggest risk to the industrial operations and would hit debt servicing capacity.
Latour expands its high-margin Nord-Lock fasteners business with the acquisition of a UK specialty bolt maker that reports profitability above the group's industrial average. This bolt-on deal adds scale in demanding sectors while increasing net debt modestly. Our models currently see the shares as overvalued. Will the operational lift from such targeted industrial investments outweigh any drag from higher leverage?
Compare Investment AB Latour (publ) 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.Conglomerates · 354 stocks
Beats the industry median on 6/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score54 · Above median
Fair Value upside−64.3% · Bottom 25%
Profitability
Return on equity (12 months)15.6% · Top 25%
Return on assets7.2% · Top 25%
Net margin (12 months)23.7% · Top 25%
Operating margin (12 months)12.8% · Above median
Growth and dividend
Revenue growth (quarter YoY)1.8% · Below median
Dividend yield (12 months)2.4% · Above median
Balance sheet
Debt / equity0.27× · Above median
Valuation Multiplesvs Conglomerates median · lower = cheaper
P/E (12 months)20.0× · Pricier than median
P/B3.14× · Priciest 25%
P/S (12 months)4.76× · Priciest 25%
EV/EBITDA30.8× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 45
FUTURE (revenue growth)9· sector 26
PAST (return on equity)62· sector 21
HEALTH (low debt)87· sector 90
DIVIDEND (yield)49· sector 44
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). "Investment AB Latour (publ) Fair Value". https://www.fairvalue-calculator.com/stock/LATO-B
Frequently asked questions
Is Investment AB Latour (publ) (LATO-B) overvalued or undervalued?
As of Oct 13, 2026, our model estimates a fair value of kr 74.62 versus a price of kr 208.90, about −64% upside (overvalued).
What is the fair value of LATO-B?
Our model-based fair value for Investment AB Latour (publ) is kr 74.62 (as of Oct 13, 2026), built from audited fundamentals. The current price: kr 208.90.
What is the quality score of LATO-B?
Investment AB Latour (publ) has a Quality Score of 54/100. 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 Investment AB Latour (publ) (LATO-B)?
Our model-based price target is the fair value of kr 74.62 (as of Oct 13, 2026) from 9 valuation models. Cautious scenario kr 64.91, optimistic scenario kr 138.07. It is a calculation from audited fundamentals, not an analyst target.
What is the Investment AB Latour (publ) stock forecast for 2026?
Our models put fair value at kr 74.62, about −64% upside versus a price of kr 208.90 (overvalued). Cautious scenario kr 64.91, optimistic scenario kr 138.07. The calculation is refreshed regularly with new filings.
What is the revenue of Investment AB Latour (publ) (LATO-B)?
Investment AB Latour (publ) reported trailing-twelve-month revenue of about 28.1B SEK (latest available figure, as of Oct 13, 2026).
Does Investment AB Latour (publ) pay a dividend?
Investment AB Latour (publ) currently shows a dividend yield of 2.44% relative to its recent price (as of Oct 13, 2026).
What is the intrinsic value of Investment AB Latour (publ) (LATO-B)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Investment AB Latour (publ) it is kr 74.62 per share (as of Oct 13, 2026), against a price of kr 208.90. It is the blended result of 9 valuation models (cash flow, earnings, asset, dividend).
Is Investment AB Latour (publ) stock overvalued or undervalued in 2026?
As of Oct 13, 2026, LATO-B trades above its calculated fair value: price kr 208.90, fair value kr 74.62, a gap of about −64% (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 LATO-B?
No. The price is what the market pays today (kr 208.90); the fair value is what the company's own numbers justify (kr 74.62). For Investment AB Latour (publ) the two are kr 134.28 per share apart. That gap is exactly why we show both numbers side by side.
How much is Investment AB Latour (publ) worth?
The market values Investment AB Latour (publ) at about 134B SEK (market capitalisation, as of Oct 13, 2026). Per share that is kr 208.90; our models calculate a fair value of kr 74.62 per share.
What do the bullish and bearish scenarios say about LATO-B?
Our models span a range for Investment AB Latour (publ): cautious scenario kr 64.91, base kr 74.62, optimistic kr 138.07 per share (as of Oct 13, 2026, price kr 208.90). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of LATO-B?
Investment AB Latour (publ) trades at a price-to-earnings ratio of 20.0 (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 74.62 is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2017 to 2025), reported earnings: 28.7. Other multiples: P/B 3.1, P/S 4.8, EV/EBITDA 30.8.
How solid is the balance sheet of Investment AB Latour (publ) (LATO-B)?
Balance-sheet figures for Investment AB Latour (publ) (as of Oct 13, 2026): return on equity 15.6%, debt of 0.27 per unit of equity. They feed the Quality Score of 54/100, which measures business quality independently of the share price.
How far is LATO-B from its 52-week high?
Investment AB Latour (publ) trades at kr 208.90, about 13% below its 52-week high of kr 241.39 and 12% above the low of kr 185.97 (as of Oct 19, 2026). Distance from the high says nothing about value: that is what the fair value of kr 74.62 is for.
Which stocks are comparable to Investment AB Latour (publ)?
From the same area (Industrials) we also value 3M Company, Honeywell International Inc, Swire Pacific Limited, CK Hutchison Holdings, 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 Investment AB Latour (publ) stock attractive at the current price?
The data as of Oct 13, 2026: price kr 208.90, calculated fair value kr 74.62 (−64%), Quality Score 54/100, 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 LATO-B calculated?
We run Investment AB Latour (publ) 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 74.62, 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. Investment AB Latour (publ) 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 Investment AB Latour (publ) (LATO-B)?
The closing price on Oct 19, 2026 was kr 208.90. Our model-based fair value is kr 74.62, about −64% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Investment AB Latour (publ) right now?
The price sits above even our optimistic bull case (kr 138.07). The favourable scenario is already priced in. Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (kr 64.91 to kr 138.07) leaves room in how you read the outcome.
Where does the earnings growth of Investment AB Latour (publ) (LATO-B) come from?
Earnings per share at Investment AB Latour (publ) grew +6.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share +14.6 %, EBIT margin +1.8 %, tax rate −0.7 %, residual (interest, one-offs) −8.1 %. 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 Investment AB Latour (publ)
How large is the market capitalisation of Investment AB Latour (publ) (LATO-B)?
The market capitalisation of Investment AB Latour (publ) is 134B SEK (≈ $13.5B). 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 Investment AB Latour (publ) (LATO-B)?
The price-to-sales ratio of Investment AB Latour (publ) is 4.76 (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 Investment AB Latour (publ) (LATO-B)?
Earnings per share at Investment AB Latour (publ) are kr 10.45 (price ÷ EPS = P/E 20.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Investment AB Latour (publ) (LATO-B)?
The dividend yield of Investment AB Latour (publ) is 2.4% (payout 48.8%). 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 Investment AB Latour (publ) (LATO-B)?
The net margin of Investment AB Latour (publ) is 23.7% (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 Investment AB Latour (publ) (LATO-B)?
The return on equity (ROE) of Investment AB Latour (publ) is 15.6% (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 Investment AB Latour (publ) (LATO-B)?
On an EBIT basis the return on assets of Investment AB Latour (publ) is 5.5% (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 Investment AB Latour (publ) (LATO-B)?
The operating margin of Investment AB Latour (publ) is 12.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Investment AB Latour (publ) (LATO-B)?
Revenue at Investment AB Latour (publ) is growing +1.8% versus a year earlier (3y avg +7.6%). 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 Investment AB Latour (publ) (LATO-B)?
Earnings per share at Investment AB Latour (publ) are growing +149% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Investment AB Latour (publ) (LATO-B) generate?
The free cash flow of Investment AB Latour (publ) is −354M SEK (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Investment AB Latour (publ) (LATO-B) carry?
The net debt of Investment AB Latour (publ) is 16.6B SEK (fiscal year 2025). 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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Broad data
Oct 13, 2026