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AB Volvo (publ), (VOLV-B) Fair Value & Analysis

Industrials · SE · Market cap 685B SEK

AV AB Volvo (publ), VOLV-B · ST
Pricekr 341.30
Fair Valuekr 288.08
Upside-15.6%
Quality62/100
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Evidence: High Range kr 162.27 – kr 418.18

Fair value as of: Jul 13, 2026

From 24 valuation models · updated 4 days ago

Fair value updated Jul 13, 2026, revised from kr 287.88 to kr 288.08 (+0.1%) since Jul 7, 2026. Share price +6.9% over the past month.

Price vs Fair Value (12 months)

kr 341.30 kr 237.73 Fair Value kr 288.08 Jul 2025 Jul 2026

12‑month range kr 237.73 – kr 341.30 · fair‑value band kr 162.27 – kr 418.18 · the kr 341.30 price screens above the kr 288.08 fair value. As of Jul 13, 2026.

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Analysis

AB Volvo (publ), (VOLV-B) currently trades at kr 341.30, while our model-based Fair Value estimate is kr 288.08, implying the stock looks roughly 15.6% overvalued today. We read business quality at 62/100 (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, AB Volvo (publ), generated revenue of 468B SEK at a net margin of 7.0%. Revenue declined 9.1% year over year. It earns a return on equity of 17.0%. Net debt stands at 181B SEK. Fundamentals as of Jul 13, 2026

Our scenario range runs from kr 162.27 (bear case) to kr 418.18 (bull case); at kr 341.30, the current price sits within that range. The share trades near its 52-week high and 45% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -30% fair-value upside, at -16%, VOLV-B screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 468B SEK
Revenue growth (YoY) -9.1%
Net margin 7.0%
Return on equity 17.0%
Free cash flow 27.3B SEK FY2025
P/E ratio 19.9
More key figures
Operating margin 9.9%
EPS (TTM) kr 16.17
Dividend yield 2.6%
EPS growth (YoY) -15.8%
Net debt 181B SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 13, 2026. TTM = trailing twelve months.

About the company

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, North America, South America, Asia, Africa, and Oceania. The company operates through Industrial Operations - Trucks, Industrial Operations - Construction Equipment, Industrial Operations - Buses, Industrial Operations - Volvo Penta, Industrial Operations - Group Functions & Other, and Financial Services segments. The company offers heavy-duty trucks for long-haulage and construction work, and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and chassis under the Prevost and Volvo Bus brands. It also provides haulers, wheel loaders, excavators, road construction machines, and compact equipment under the Volvo, SDLG, and Rokbak brands. In addition, the company offers engines and power solutions for industrial off-highway …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

AB Volvo (publ), reported revenue of kr 479B in FY2025 versus kr 372B in FY2021, a compound +6.5%/yr. Reported net income was kr 34.5B in FY2025, compounding +1.2%/yr from FY2021.

Revenue +6.5%/yr
FY21 kr 372B
FY22 kr 473B
FY23 kr 553B
FY24 kr 527B
FY25 kr 479B
Net income +1.2%/yr
FY21 kr 32.8B
FY22 kr 32.7B
FY23 kr 49.8B
FY24 kr 50.4B
FY25 kr 34.5B

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Cite: Fair Value Calculator (2026). "AB Volvo (publ), Fair Value". https://www.fairvalue-calculator.com/stock/VOLV-B

Recent news

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Frequently asked questions

Is AB Volvo (publ), (VOLV-B) undervalued?
As of Jul 13, 2026, our model estimates a fair value of kr 288.08 versus a price of kr 341.30, about −16% (overvalued). Model-based estimate, not financial advice.
What is the fair value of VOLV-B?
Our model-based fair value for AB Volvo (publ), is kr 288.08 (as of Jul 13, 2026), built from audited fundamentals. The current price is kr 341.30.
What is the quality score of VOLV-B?
AB Volvo (publ), has a Quality Score of 62/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of AB Volvo (publ), (VOLV-B)?
AB Volvo (publ), reported trailing-twelve-month revenue of about 468B SEK (latest available figure, as of Jul 13, 2026).
What is the net profit margin of VOLV-B?
The net profit margin of AB Volvo (publ), is about 7.0%, meaning it keeps roughly 7.0% of revenue as net income. Based on the latest reported figures.
Does AB Volvo (publ), pay a dividend?
AB Volvo (publ), currently shows a dividend yield of about 2.61% relative to its recent price (as of Jul 13, 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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