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VBG Group (VBG-B) Fair Value & Analysis

Consumer Cyclical · SE · Market cap 7.9B SEK

VG VBG Group VBG-B · ST
Pricekr 302.00
Fair Valuekr 391.03
Upside+29.5%
Quality52/100
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Evidence: High Range kr 199.85 – kr 491.05 📤 Share as image

Fair value as of: Jul 18, 2026

From 24 valuation models · updated 4 days ago

Share price −5.2% over the past month.

Price vs Fair Value (12 months)

kr 404.43 kr 266.81 Fair Value kr 391.03 Jul 2025 Jul 2026

12‑month range kr 266.81 – kr 404.43 · fair‑value band kr 199.85 – kr 491.05 · the kr 302.00 price screens below the kr 391.03 fair value. As of Jul 18, 2026.

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Analysis

VBG Group (VBG-B) currently trades at kr 302.00, while our model-based Fair Value estimate is kr 391.03, implying the stock looks roughly 29.5% undervalued today. We read business quality at 52/100 (solid quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, VBG Group generated revenue of 5.4B SEK at a net margin of 7.8%. Revenue grew 1.9% year over year. It earns a return on equity of 10.3%. Net debt stands at 830M SEK. Fundamentals as of Jul 18, 2026

Our scenario range runs from kr 199.85 (bear case) to kr 491.05 (bull case); at kr 302.00, the current price sits within that range. The share trades about 25% below its 52-week high and 27% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -61% fair-value upside, at 29%, VBG-B screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 5.4B SEK
Revenue growth (YoY) +1.9%
Net margin 7.8%
Return on equity 10.3%
Free cash flow 224M SEK FY2025
P/E ratio 18.8
More key figures
Operating margin 11.7%
EPS (TTM) kr 16.83
Dividend yield 2.3%
EPS growth (YoY) -1.1%
Net debt 830M SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 18, 2026. TTM = trailing twelve months.

About the company

VBG Group AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells various industrial products in Sweden, Germany, rest of the Nordic countries and Europe, North America, Brazil, Australia, New Zealand, China, and internationally. It operates in three segments: Truck & Trailer Equipment, Mobile Thermal Solutions, and Ringfeder Power Transmission. The Truck & Trailer Equipment segment provides drawbar couplings under VBG and Ringfeder brands; automatic tire chains under Onspot brand name; sliding roofs for tarpaulin-covered trailers and railway wagons and tipper vehicles under Edscha Trailer Systems and Sesam brands; and vehicle lighting products under the Ledson brand name. Its Mobile Thermal Solutions segment offers climate control systems for commercial motor vehicles, including heating, ventilation, air conditioning, control systems, and various associated components, for manufacturers of transit, coach, school, and shuttle buses; and off-road …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

VBG Group reported revenue of kr 5.4B in FY2025 versus kr 3.6B in FY2021, a compound +10.6%/yr. Reported net income was kr 422M in FY2025, compounding +5.8%/yr from FY2021.

Revenue +10.6%/yr
FY21 kr 3.6B
FY22 kr 4.6B
FY23 kr 5.7B
FY24 kr 5.6B
FY25 kr 5.4B
Net income +5.8%/yr
FY21 kr 337M
FY22 kr 368M
FY23 kr 569M
FY24 kr 588M
FY25 kr 422M

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Cite: Fair Value Calculator (2026). "VBG Group Fair Value". https://www.fairvalue-calculator.com/stock/VBG-B

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Frequently asked questions

Is VBG Group (VBG-B) undervalued?
As of Jul 18, 2026, our model estimates a fair value of kr 391.03 versus a price of kr 302.00, about +29% (undervalued). Model-based estimate, not financial advice.
What is the fair value of VBG-B?
Our model-based fair value for VBG Group is kr 391.03 (as of Jul 18, 2026), built from audited fundamentals. The current price is kr 302.00.
What is the quality score of VBG-B?
VBG Group has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of VBG Group (VBG-B)?
VBG Group reported trailing-twelve-month revenue of about 5.4B SEK (latest available figure, as of Jul 18, 2026).
What is the net profit margin of VBG-B?
The net profit margin of VBG Group is about 7.8%, meaning it keeps roughly 7.8% of revenue as net income. Based on the latest reported figures.
Does VBG Group pay a dividend?
VBG Group currently shows a dividend yield of about 2.27% relative to its recent price (as of Jul 18, 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.