Lifco AB (publ) (LIFCO-B) fair value: what the stock is really worth
As of Oct 19, 2026: fair value (intrinsic value) of Lifco AB (publ) stock SEK 230, price SEK 328, upside -29.9%, quality 67 out of 100. Rating: 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 140.92 – kr 401.82 · fair‑value band kr 129.69 – kr 367.13 · the kr 327.60 price screens above the kr 229.63 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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Lifco AB (publ) engages in the dental, demolition and tools, and systems solutions businesses in Sweden, Norway, Finland, Germany, rest of Europe, the United Kingdom, Asia, Australia, Italy, North America, and internationally.
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It is involved in the distribution of dental equipment, such as denture attachments, disinfectants, saliva ejectors, bite registration and dental impression materials, bonding agents, and other consumables, as well as develops and sells medical record systems.
The company also operates dental laboratory; and offers technical and software services.
In addition, it develops, manufactures, and sells demolition robots, forest machines, crane and excavator attachments to heavy machine manufacturing, construction, forestry, nuclear, cement, and process industries.
Further, the company offers machinery and equipment for electrical installations and electricity production, electrical equipment, equipment for recycling of various materials, and interiors for service vehicles.
Additionally, it provides contract manufacturing, such as electronic components, stainless steel, and galvanized products; environmental technology; infrastructure products in the areas of electrification, LED-lighting, lift safety, relining, lightning protection, measuring instruments, and telecommunication; special products, including coffee machines, cartooning and sleeving solutions, special instruments, and clothing; and transportation products comprising tarpaulin systems, advanced lifting systems, equipment for ground service of aircrafts, light bars for trucks, and vehicle racking systems for service vans.
The company was founded in 1946 and is based in Enköping, Sweden. Lifco AB (publ) is a subsidiary of Carl Bennet AB.
Stock analysis
Lifco AB (publ) (LIFCO-B) currently trades at kr 327.60, while our model-based Fair Value estimate is kr 229.63, 29.9% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of kr 229.63 per share, and 0 of the 9 models we run sit above the kr 327.60 price.
Bear case: the Economic Profit group reads lowest at kr 72.32, and 9 of the 9 models stay below the price. Data coverage for this calculation is high.
Scenario range: kr 129.69 (bear) to kr 367.13 (bull), the price of kr 327.60 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 67/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Lifco AB (publ) reported revenue of 28.3B SEK in FY2025 versus 17.5B SEK in FY2021, a compound +12.8%/yr. Reported net income was 3.6B SEK in FY2025, compounding +11.0%/yr from FY2021.
Key figures
Market cap 149B SEK (≈ $15.0B) Large · P/E ratio 37.4 · P/S ratio 5.09 · EPS (TTM) kr 8.49 · Dividend yield 0.8% · Net margin 13.2% · Return on equity 20.2% · Return on assets (EBIT) 13.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 71 out of 100 (medium confidence).
What moves the price
The share trades about 14% below its 52-week high and 20% 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 −30%, LIFCO-B screens richer than that median.
Fair Value models
Bearkr 129.69Fair Value kr 229.63Bullkr 367.13
Price kr 327.60 · Upside -29.9%
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 4.65 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.100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+8.1%
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.
+9.4%
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.
+15.4%
Start year 2020 (pandemic). Over 10 years: +13.6% a year
Revenue growth 13 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.
+12.4%
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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.
+17.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+16.9%
Dividend (yield on the price)0.8%
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.16.9% vs 16.2%, steady
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.16% → 18%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes about as much growth as the company has delivered so far and more than analysts expect.
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).
+18.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+6.7%
Yearly sales growth analysts expect, extended to five years.
After inflation (Sweden: IMF forecast 2.0% a year to 2030, 2.9% from 2016 to 2025) that is about +16.1% a year for the price and +4.7% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (7 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.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
AI conclusion: Lifco gains from its serial acquisition approach that steadily expands industrial segments with specialized electronics, yet its main weakness remains the risk that integration demands dilute focus and limit durable earnings compounding.
Main risk: Ongoing integration demands from multiple bolt-on deals risk diluting management focus and operational efficiency in the Systems Solutions segment.
Lifco continues its acquisition spree with the deal for Italian electronics firm Micronova, adding customized circuit boards and touch screens to the Systems Solutions segment. The move aligns with the conglomerate's serial buyer approach across industrials, yet our models currently see the shares as overvalued. Does the incremental scale from these bolt-ons reliably compound earnings, or does it mainly layer on integration demands that dilute focus?
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 Score67 · Top 25%
Fair Value upside−29.9% · Below median
Profitability
Return on equity (12 months)20.2% · Top 25%
Return on assets8.8% · Top 25%
Net margin (12 months)13.2% · Top 25%
Operating margin (12 months)19.3% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)10.8% · Above median
Dividend yield (12 months)0.8% · Bottom 25%
Balance sheet
Debt / equity0.28× · Above median
Valuation Multiplesvs Conglomerates median · lower = cheaper
P/E (12 months)37.4× · Priciest 25%
P/B7.78× · 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)5.09× · Priciest 25%
Price / free cash flow32.0× · Priciest 25%
EV/EBITDA21.4× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 45
FUTURE (revenue growth)54· sector 26
PAST (return on equity)81· sector 21
HEALTH (low debt)86· sector 90
DIVIDEND (yield)16· 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). "Lifco AB (publ) Fair Value". https://www.fairvalue-calculator.com/stock/LIFCO-B
Frequently asked questions
Is Lifco AB (publ) (LIFCO-B) overvalued or undervalued?
As of Oct 13, 2026, our model estimates a fair value of kr 229.63 versus a price of kr 327.60, about −30% upside (overvalued).
What is the fair value of LIFCO-B?
Our model-based fair value for Lifco AB (publ) is kr 229.63 (as of Oct 13, 2026), built from audited fundamentals. The current price: kr 327.60.
What is the quality score of LIFCO-B?
Lifco AB (publ) has a Quality Score of 67/100. 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 Lifco AB (publ) (LIFCO-B)?
Our model-based price target is the fair value of kr 229.63 (as of Oct 13, 2026) from 9 valuation models. Cautious scenario kr 129.69, optimistic scenario kr 367.13. It is a calculation from audited fundamentals, not an analyst target.
What is the Lifco AB (publ) stock forecast for 2026?
Our models put fair value at kr 229.63, about −30% upside versus a price of kr 327.60 (overvalued). Cautious scenario kr 129.69, optimistic scenario kr 367.13. The calculation is refreshed regularly with new filings.
What is the revenue of Lifco AB (publ) (LIFCO-B)?
Lifco AB (publ) reported trailing-twelve-month revenue of about 29.3B SEK (latest available figure, as of Oct 13, 2026).
Does Lifco AB (publ) pay a dividend?
Lifco AB (publ) currently shows a dividend yield of 0.82% relative to its recent price (as of Oct 13, 2026).
What growth is priced into Lifco AB (publ) (LIFCO-B)?
For today's price to be fair in a discounted-cash-flow model, Lifco AB (publ) would have to grow free cash flow by +18.4 % per year for five years (discount rate 9.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +15.4 % per year. As of Oct 13, 2026.
What discount rate (WACC) does the fair value of LIFCO-B use?
Our models discount Lifco AB (publ) at 9.4 %: a base by market capitalisation (large), damped by beta 1.16, 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 Lifco AB (publ) that is +18.4 % per year a year over ten years, using the same discount rate (9.4 %) and the same formula as our fair value.
How much growth has Lifco AB (publ) (LIFCO-B) delivered so far?
Over the past 5 years revenue at Lifco AB (publ) grew +15.4 % a year. The price currently implies +18.4 % 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 Lifco AB (publ) (LIFCO-B) growing?
The median revenue growth in the sector is +7.5 % a year. That is the yardstick for the growth priced into Lifco AB (publ) (+18.4 % 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 Lifco AB (publ) (LIFCO-B)?
The free-cash-flow yield on the price is 3.13 %: that much free cash flow Lifco AB (publ) produces per unit of market value. When it exceeds the discount rate of our models (9.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Lifco AB (publ) (LIFCO-B)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Lifco AB (publ) it is kr 229.63 per share (as of Oct 13, 2026), against a price of kr 327.60. It is the blended result of 9 valuation models (cash flow, earnings, asset, dividend).
Is Lifco AB (publ) stock overvalued or undervalued in 2026?
As of Oct 13, 2026, LIFCO-B trades above its calculated fair value: price kr 327.60, fair value kr 229.63, a gap of about −30% (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 LIFCO-B?
No. The price is what the market pays today (kr 327.60); the fair value is what the company's own numbers justify (kr 229.63). For Lifco AB (publ) the two are kr 97.97 per share apart. That gap is exactly why we show both numbers side by side.
How much is Lifco AB (publ) worth?
The market values Lifco AB (publ) at about 149B SEK (market capitalisation, as of Oct 13, 2026). Per share that is kr 327.60; our models calculate a fair value of kr 229.63 per share.
What do the bullish and bearish scenarios say about LIFCO-B?
Our models span a range for Lifco AB (publ): cautious scenario kr 129.69, base kr 229.63, optimistic kr 367.13 per share (as of Oct 13, 2026, price kr 327.60). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of LIFCO-B?
Lifco AB (publ) trades at a price-to-earnings ratio of 37.4 (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 229.63 is built from several models across several years. Other multiples: P/B 7.8, P/S 5.1, EV/EBITDA 21.4.
How solid is the balance sheet of Lifco AB (publ) (LIFCO-B)?
Balance-sheet figures for Lifco AB (publ) (as of Oct 13, 2026): return on equity 20.2%, debt of 0.28 per unit of equity. They feed the Quality Score of 67/100, which measures business quality independently of the share price.
How far is LIFCO-B from its 52-week high?
Lifco AB (publ) trades at kr 327.60, about 14% below its 52-week high of kr 379.04 and 20% above the low of kr 272.44 (as of Oct 19, 2026). Distance from the high says nothing about value: that is what the fair value of kr 229.63 is for.
Which stocks are comparable to Lifco AB (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 Lifco AB (publ) stock attractive at the current price?
The data as of Oct 13, 2026: price kr 327.60, calculated fair value kr 229.63 (−30%), Quality Score 67/100, 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 LIFCO-B calculated?
We run Lifco AB (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 229.63, 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. Lifco AB (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 Lifco AB (publ) (LIFCO-B)?
The closing price on Oct 19, 2026 was kr 327.60. Our model-based fair value is kr 229.63, about −30% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Lifco AB (publ) right now?
The model range is unusually wide (kr 129.69 to kr 367.13). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder.
Where does the earnings growth of Lifco AB (publ) (LIFCO-B) come from?
Earnings per share at Lifco AB (publ) grew +18.1 % a year from 2014 to 2025. Broken into its drivers: revenue per share +14.3 %, EBIT margin +3.8 %, tax rate +0.1 %, residual (interest, one-offs) −0.5 %. 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 Lifco AB (publ)
How large is the market capitalisation of Lifco AB (publ) (LIFCO-B)?
The market capitalisation of Lifco AB (publ) is 149B SEK (≈ $15.0B). 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 Lifco AB (publ) (LIFCO-B)?
The price-to-sales ratio of Lifco AB (publ) is 5.09 (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 Lifco AB (publ) (LIFCO-B)?
Earnings per share at Lifco AB (publ) are kr 8.49 (price ÷ EPS = P/E 37.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Lifco AB (publ) (LIFCO-B)?
The dividend yield of Lifco AB (publ) is 0.8% (payout 31.8%). 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 Lifco AB (publ) (LIFCO-B)?
The net margin of Lifco AB (publ) is 13.2% (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 Lifco AB (publ) (LIFCO-B)?
The return on equity (ROE) of Lifco AB (publ) is 20.2% (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 Lifco AB (publ) (LIFCO-B)?
On an EBIT basis the return on assets of Lifco AB (publ) is 13.0% (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 Lifco AB (publ) (LIFCO-B)?
The operating margin of Lifco AB (publ) is 19.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Lifco AB (publ) (LIFCO-B)?
Revenue at Lifco AB (publ) is growing +10.8% versus a year earlier (3y avg +9.4%). 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 Lifco AB (publ) (LIFCO-B)?
Earnings per share at Lifco AB (publ) are growing +17.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Lifco AB (publ) (LIFCO-B) carry?
The net debt of Lifco AB (publ) is 9.1B SEK (fiscal year 2025, ≈ 2.0 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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Broad data
Oct 13, 2026