FM Mattsson Mora Group AB Class B (SE:FMM.B)
:FMM.B
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FM Mattsson Mora Group AB Class B
(FMM.B)
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Rating:71Outperform
Price Target:
kr105.00
▲(50.00% Upside)
Action:ReiteratedDate:03/04/26
The score is primarily supported by strong financial quality—especially a conservatively positioned balance sheet and solid cash generation—partly offset by weaker profitability versus prior peaks. Technicals are constructive but look overbought, and valuation is the main drag due to the high P/E despite a modest dividend yield.
Positive Factors
Balance-sheet conservatism
A zero reported debt position and historically low leverage give the company durable financial flexibility. This lowers refinancing risk, supports steady dividend or buyback capacity, and leaves room for opportunistic M&A or capex without stressing liquidity over the next several quarters.
Negative Factors
Profitability compression
Margins and return metrics have declined from earlier peaks, implying weaker pricing power or higher structural costs. Sustained lower profitability reduces reinvestment capacity and return on capital, making it harder to fund growth or restore previous earnings levels without margin improvement.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance-sheet conservatism
A zero reported debt position and historically low leverage give the company durable financial flexibility. This lowers refinancing risk, supports steady dividend or buyback capacity, and leaves room for opportunistic M&A or capex without stressing liquidity over the next several quarters.
Read all positive factors
FM Mattsson Mora Group AB Class B (FMM.B) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr3.44B
Dividend Yield3.07%
Average Volume (3M)4.66K
Price to Earnings (P/E)19.3
Beta (1Y)0.27
Revenue Growth2.08%
EPS Growth-7.27%
CountrySE
Employees565
SectorIndustrials
Sector Strength72
IndustryConstruction
Share Statistics
EPS (TTM)1.07
Shares Outstanding36,241,432
10 Day Avg. Volume7,194
30 Day Avg. Volume4,661
Financial Highlights & Ratios
PEG Ratio0.46
Price to Book (P/B)2.61
Price to Sales (P/S)1.42
P/FCF Ratio12.92
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr75.00Price Target Upside7.14% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)4.21
Revenue Forecast (FY)kr2.07B
FM Mattsson Mora Group AB Class B Business Overview & Revenue Model
Company Description
FM Mattsson Mora Group AB (publ) engages in the development, manufacture, and sale of water taps and related products for bathrooms and kitchens. The company offers its products under the FM Mattsson, Mora Armatur, Damixa, Hotbath, Aqualla, and Ad...
How the Company Makes Money
FM Mattsson Mora Group makes money primarily by selling water-related building products—most importantly faucets and mixers—under its brands to the building and renovation market. Revenue is generated from (1) product sales to plumbing/heating who...
FM Mattsson Mora Group AB Class B Financial Statement Overview
Summary
Income Statement
70
Positive
Balance Sheet
88
Very Positive
Cash Flow
76
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.97B | 1.88B | 1.94B | 1.93B | 1.82B |
| Gross Profit | 748.80M | 696.97M | 699.83M | 710.83M | 703.47M |
| EBITDA | 205.30M | 245.85M | 293.28M | 346.09M | 395.99M |
| Net Income | 145.00M | 101.92M | 147.34M | 193.44M | 237.26M |
Balance Sheet | |||||
| Total Assets | 1.83B | 1.83B | 1.78B | 1.80B | 1.73B |
| Cash, Cash Equivalents and Short-Term Investments | 247.00M | 159.20M | 135.20M | 69.65M | 193.87M |
| Total Debt | 0.00 | 91.55M | 102.38M | 90.90M | 44.90M |
| Total Liabilities | 760.30M | 765.30M | 755.92M | 798.39M | 924.50M |
| Stockholders Equity | 1.07B | 1.06B | 1.02B | 999.78M | 806.89M |
Cash Flow | |||||
| Free Cash Flow | 216.20M | 188.50M | 216.00M | 33.03M | 228.29M |
| Operating Cash Flow | 255.00M | 238.40M | 266.14M | 107.75M | 275.90M |
| Investing Cash Flow | -38.20M | -50.24M | -49.61M | -87.43M | -123.67M |
| Financing Cash Flow | -121.30M | -157.77M | -151.75M | -144.44M | -162.42M |
FM Mattsson Mora Group AB Class B Technical Analysis
Neutral
70.00
Price Trends
77.72
Positive
70.31
Positive
63.47
Positive
Market Momentum
2.07
Positive
45.82
Neutral
28.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:FMM.B, the sentiment is Neutral. The current price of 70 is below the 20-day moving average (MA) of 88.00, below the 50-day MA of 77.72, and above the 200-day MA of 63.47, indicating a neutral trend. The MACD of 2.07 indicates Positive momentum. The RSI at 45.82 is Neutral, neither overbought nor oversold. The STOCH value of 28.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:FMM.B.
FM Mattsson Mora Group AB Class B Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | kr3.44B | 19.26 | 10.51% | 3.07% | 2.08% | -7.27% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
58 Neutral | kr14.58B | 34.37 | 11.96% | 1.55% | 2.11% | 13.90% | |
55 Neutral | kr1.01B | 33.70 | 3.75% | ― | 3.06% | -795.86% | |
44 Neutral | kr9.34M | -0.18 | -36.21% | ― | -39.74% | -863.56% | |
44 Neutral | kr892.81M | -12.66 | -39.97% | ― | 11.85% | 6.39% |
* Industrials Sector Average
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FM Mattsson Mora Group AB Class B Corporate Events
FM Mattsson Mora Group Lifts 2025 Profitability and Launches Efficiency Program
Feb 20, 2026
FM Mattsson Mora Group AB reported higher sales and profitability for 2025, with net sales rising 4.7 percent to SEK 1,969.3 million and organic growth of 7.0 percent, driven by solid demand across several countries and customer segments. EBITA in...
FM Mattsson Mora Group Launches Efficiency Programme to Boost Nordic Profitability
Jan 28, 2026
FM Mattsson Mora Group is launching an efficiency programme in its Nordic operations to support its long-term goal of achieving a 15% EBITA margin over an economic cycle, after profitability in the region fell below target despite roughly 3% sales...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.