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XANO Industri AB (XANO-B) Fair Value & Analysis

Industrials · SE · Market cap 2.9B SEK (≈ $302M) · ISIN SE0018014151

What is XANO Industri AB really worth?

XI XANO Industri AB XANO-B · ST
Pricekr 50.30
Fair Valuekr 62.68
Upside+24.6%
Quality59/100

A solid business, trading 20% below our fair value of kr 62.68.

As of Aug 26, 2026, the fair value of XANO Industri AB is kr 62.68 per share against a price of kr 50.30, so the fair value sits 25% above the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Low debt · generates free cash flow
Ranks above peers (10/14)

Risks

!Mixed Growth (revenue 5y +8.7 %/yr)
!Thin margins · 5.0% net margin
!Narrow moat 43/100
!Weak on future: 14 out of 100

For context

·1.99% dividend yield
Evidence: High Range kr 47.01 – kr 78.35

Fair value as of: Aug 26, 2026

From 23 valuation models · updated 10 days ago

Share price +1.4% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • Solid quality (59/100) at a price below fair value, the discount is the argument here, not the business quality.
  • The price sits in the lower half of our model range, the side with the larger margin of safety.
  • The data supports the verdict: every model runs on fully documented inputs.

Price vs Fair Value (5 years)

kr 182.19 kr 41.59 Fair Value kr 62.68 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 26, 2026.

How to read this chart

60‑month range kr 41.59 – kr 182.19 · fair‑value band kr 47.01 – kr 78.35 · the kr 50.30 price screens below the kr 62.68 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 26, 2026.

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Analysis

XANO Industri AB (XANO-B) currently trades at kr 50.30, while our model-based Fair Value estimate is kr 62.68, implying the stock looks roughly 19.7% undervalued today. The Quality Score stands at 59/100 (solid quality), in the Industrials sector. Bull case: the DCF Models group reads highest at a median of kr 83.87 per share, and 17 of the 23 models we run sit above the kr 50.30 price. Bear case: the Asset-Based group reads lowest at kr 21.06, and 6 of the 23 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, XANO Industri AB generated revenue of 3.3B SEK at a net margin of 5.1%. Revenue declined 6.5% year over year. It earns a return on equity of 9.2%. Net debt stands at 539M SEK. Fundamentals as of Aug 26, 2026

Our scenario range runs from kr 47.01 (bear case) to kr 78.35 (bull case); at kr 50.30, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 48% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at −52% fair-value upside, at 25%, XANO-B screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly kr 1.26 per share, which is 2.0 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model 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. Evidence
Highest evidence
FCF DCF kr 74.74 kr 120.91 kr 189.88 78
Growth DCF kr 75.61 kr 115.71 kr 171.60 77
Residual Income kr 26.84 kr 29.40 kr 39.95 75
All 23 models by family
DCF Models
FCF DCF kr 74.74 kr 120.91 kr 189.88 78
5Y Revenue Exit kr 47.73 kr 75.08 kr 109.34 71
5Y EBITDA Exit kr 63.48 kr 104.97 kr 153.29 73
5Y P/E Exit kr 48.43 kr 76.43 kr 105.58 70
10Y Revenue Exit kr 55.69 kr 82.95 kr 118.73 66
10Y EBITDA Exit kr 66.83 kr 103.39 kr 151.96 67
10Y P/E Exit kr 57.40 kr 83.87 kr 115.89 63
Earnings-Based
Graham-Dodd kr 20.30 kr 67.65 kr 90.56 62
Lynch FV kr 15.33 kr 21.91 kr 28.48 58
PEG = 1.0 kr 15.33 kr 21.91 kr 28.48 55
EPV kr 23.99 kr 29.07 kr 33.45 72
Multiples
P/E Multiple kr 47.01 kr 62.68 kr 78.35 61
P/S Multiple kr 38.05 kr 50.74 kr 63.42 56
P/B Multiple kr 38.05 kr 50.74 kr 63.42 53
EV/EBIT kr 51.69 kr 71.64 kr 91.59 64
EV/EBITDA kr 65.07 kr 89.48 kr 113.89 66
EV/Revenue kr 34.55 kr 52.86 kr 71.17 52
Asset-Based
NCAV (Graham) kr 15.72 kr 21.06 kr 31.44 52
Growth DCF
Growth DCF kr 75.61 kr 115.71 kr 171.60 77
Rev-Margin DCF kr 47.73 kr 75.81 kr 108.99 71
Economic Profit
Residual Income kr 26.84 kr 29.40 kr 39.95 75
ROIC Compounder kr 23.99 kr 29.07 kr 35.79 71
Growth Earnings
Growth-Adj P/E kr 39.82 kr 56.89 kr 73.95 66

Widest divergence: DCF Models (kr 83.87) versus Asset-Based (kr 21.06). Highest evidence: FCF DCF (78).

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Key figures & financial health

P/E ratio 17.1 as of Jun 8, 2026
P/S ratio 0.89 P/E × margin
EPS (TTM) kr 2.86 price ÷ EPS = P/E 17.1
Dividend yield 2.0% payout 35.0%
Net margin 5.2% FY2025
Return on equity 9.2% TTM
More key figures
Profitability
Return on assets (EBIT) 8.5% avg 5y
Operating margin 7.7% TTM
Growth
Revenue (TTM) 3.3B SEK TTM
Revenue growth (YoY) −6.5% 3y avg −1.0%
EPS growth (YoY) −18.7%
Balance sheet & cash flow
Free cash flow 450M SEK FY2025
Net debt 539M SEK FY2025 · ≈ 1.2 yrs of FCF

Figures from reported company fundamentals · as of Aug 26, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 58 · Market factors (momentum, volatility) 31

Profitability 43
Margins and returns on capital today
Quality Growth 65
Are margins and returns improving?
Cashflow 53
Earnings quality: real cash, not paper profit
Fin. Strength 59
Balance sheet, leverage, solvency risk
Investment 65
Disciplined investing over empire-building
Low Volatility 52
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 13
Distance to the 52-week high (market factor)
Net Issuance 75
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

XANO Industri AB (publ) develops, manufactures, and sells industrial products and automation equipment in Sweden, rest of Nordic countries, Europe, and internationally. The company operates through Industrial Products, Industrial Solutions, and Precision Technology segments.

Full company description

XANO Industri AB (publ) develops, manufactures, and sells industrial products and automation equipment in Sweden, rest of Nordic countries, Europe, and internationally. The company operates through Industrial Products, Industrial Solutions, and Precision Technology segments. It offers standard injection-moulded plastic components, including slide stops and glides for furniture, hand wheels, adjustable feet, levers, handles, and various pipe stoppers, as well as customized solutions; boats using rotational moulding of plastic; vehicles and infrastructure components, as well as industrial tanks and buoyancy elements; and technical blow moulding plastic components for vehicles, construction machinery, and infrastructure equipment. The company also develops and manufactures components and systems using rotational moulding technology and recyclable plastic materials; designs, manufactures, and sells automation equipment for handling metal cans; provides accumulator units and conveyor systems for the packaging industry; produces software solutions; and offers customer-specific solutions for use in the food handling, medical technology, environment, and energy sectors, as well as supplies and integrates equipment and packaging solutions. It provides gears and transmission products; 3D printing and laser welding, non-destructive testing, laser marking, and laser curing services; and components from metallic materials. The company also offers precision components and transmission parts, such as toothed gears, splines, racks, fixtures, prototypes, tools, measuring devices, components for aviation and defense industries, hydraulic components, spare parts, and other components; and long hole drilling, turning, milling, honing, straightening, grinding, heat treatment, and chrome plating services, as well as components for medical equipment and analysis. The company was founded in 1937 and is headquartered in Jönköping, Sweden.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

XANO Industri AB reported revenue of 3.4B SEK in FY2025 versus 3.2B SEK in FY2021, a compound +1.9%/yr. Reported net income was 178M SEK in FY2025, compounding −15.1%/yr from FY2021.

Growth Quality 78/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
3.4B SEK
Latest YoY
+2.6%
Avg. revenue growth/yr (3Y) 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.
−1.0%
Avg. revenue growth/yr (5Y) 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.
+8.7%
Avg. revenue growth/yr (20Y) 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.
+9.8%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
−0.3% · in SEK
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share−2.3%
Dividend yield2.0%
Trend 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.5Y −2.3% vs 10Y 9.5%, flattening
Operating margin (EBIT) 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.12.2% (2020) → 8.2% (2025) · falling
Worst earnings drop110% (2009) (loss year, drop beyond 100%) · in SEK
Revenue +1.9%/yr
FY21 3.2B SEK
FY22 3.5B SEK
FY23 3.4B SEK
FY24 3.3B SEK
FY25 3.4B SEK
Net income −15.1%/yr
FY21 342M SEK
FY22 249M SEK
FY23 175M SEK
FY24 100M SEK
FY25 178M SEK
Character of growth · EPS growth decomposed (2014-2025) +9.0 % p.a.
Revenue per share +14.0 %

of which total revenue +14.2 % · buybacks/dilution −0.1 %

EBIT margin −1.1 %
Tax rate −0.3 %
Residual (interest, one-offs) −3.0 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "XANO Industri AB Fair Value". https://www.fairvalue-calculator.com/stock/XANO-B

Peer Group

Specialty Industrial Machinery · 791 stocks

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.

Quality Score 59 · Above median
Fair Value upside +25% · Top 25%
Return on equity (TTM) 9% · Above median
Return on assets 4% · Above median
Net margin (TTM) 5% · Below median
Operating margin (TTM) 8% · Below median
Revenue growth 3% · Below median
Dividend yield (TTM) 2.0% · Above median
Debt / equity 0.46× · Higher than 75% of peers

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/E (TTM) 17.1× · Cheaper than 75% of peers
P/B 1.54× · Cheaper than median
P/S (TTM) 0.86× · Cheaper than median
P/FCF 0.7× · Cheaper than 75% of peers
EV/EBITDA 10.0× · Cheaper than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE66 · sector 0
FUTURE14 · sector 21
PAST36 · sector 28
HEALTH77 · sector 96
DIVIDEND40 · sector 27

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Aug 26, 2026).

Stock Price Fair Value vs Fair Value
GE Vernova Inc GEV $941.84 $131.95 −86%
SIE SIE €289.85 €139.77 −52%
Eaton Corporation ETN $402.78 $168.65 −58%
Parker-Hannifin Corporation PH $995.02 $398.69 −60%
Atlas Copco AB ATCOA kr 206.60 kr 112.59 −46%
Cummins Inc CMI $564.40 $348.94 −38%
Illinois Tool Works Inc ITW $281.67 $145.84 −48%
Emerson Electric Co EMR $155.18 $58.44 −62%
AMETEK, Inc AME $236.25 $125.80 −47%
Rockwell Automation, Inc ROK $417.53 $125.76 −70%

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Frequently asked questions

Is XANO Industri AB (XANO-B) overvalued or undervalued?
As of Aug 26, 2026, our model estimates a fair value of kr 62.68 versus a price of kr 50.30, about +25% upside (undervalued).
What is the fair value of XANO-B?
Our model-based fair value for XANO Industri AB is kr 62.68 (as of Aug 26, 2026), built from audited fundamentals. The current price: kr 50.30.
What is the quality score of XANO-B?
XANO Industri AB has a Quality Score of 59/100. 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 revenue of XANO Industri AB (XANO-B)?
XANO Industri AB reported trailing-twelve-month revenue of about 3.3B SEK (latest available figure, as of Aug 26, 2026).
What is the net profit margin of XANO-B?
The net profit margin of XANO Industri AB is about 5.1%, meaning it keeps roughly 5.1% of revenue as net income. Based on the latest reported figures.
Does XANO Industri AB pay a dividend?
XANO Industri AB currently shows a dividend yield of about 1.99% relative to its recent price (as of Aug 26, 2026).
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