Lagercrantz Group AB Class B (SE:LAGR.B)
:LAGR.B
Want to see SE:LAGR.B full AI Analyst Report?
Top Page
Lagercrantz Group AB Class B
(LAGR.B)
Select Model
Select Model
Rating:70Outperform
Price Target:
kr273.00
▲(23.42% Upside)
Action:ReiteratedDate:02/08/26
The score is driven primarily by strong operating performance and margins, partially offset by higher leverage and weaker cash conversion. Technicals remain supportive due to the price holding above major moving averages, but mixed momentum signals add caution. A high P/E and low dividend yield meaningfully weigh on the overall score.
Positive Factors
High Profitability
Sustained mid-to-high margins across gross, EBIT and net lines indicate strong pricing power and efficient operations in niche industrial B2B businesses. Durable margins support reinvestment, acquisition funding and resilience through cyclical demand, underpinning long-term earnings quality.
Negative Factors
Elevated Leverage
A debt-to-equity near 1.22 increases financial risk and reduces strategic flexibility. Higher leverage elevates interest and refinancing exposure, constraining capacity for opportunistic M&A or discretionary investment if earnings or cash flow weaken, and raising vulnerability to rate shifts.
Read all positive and negative factors
Positive Factors
Negative Factors
High Profitability
Sustained mid-to-high margins across gross, EBIT and net lines indicate strong pricing power and efficient operations in niche industrial B2B businesses. Durable margins support reinvestment, acquisition funding and resilience through cyclical demand, underpinning long-term earnings quality.
Read all positive factors
Lagercrantz Group AB Class B (LAGR.B) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr49.25B
Dividend Yield1.04%
Average Volume (3M)460.06K
Price to Earnings (P/E)34.9
Beta (1Y)1.29
Revenue Growth13.72%
EPS Growth19.99%
CountrySE
Employees2,966
SectorIndustrials
Sector Strength72
IndustryInformation Technology Services
Share Statistics
EPS (TTM)1.52
Shares Outstanding199,442,840
10 Day Avg. Volume1,006,811
30 Day Avg. Volume460,061
Financial Highlights & Ratios
PEG Ratio2.58
Price to Book (P/B)11.08
Price to Sales (P/S)4.53
P/FCF Ratio36.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr270.00Price Target Upside22.06% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)7.01
Revenue Forecast (FY)kr11.55B
Lagercrantz Group AB Class B Business Overview & Revenue Model
Company Description
Lagercrantz Group AB (publ) operates as a technology company in Sweden, Denmark, Norway, Finland, the United Kingdom, Germany, Poland, rest of Europe, and internationally. The company operates through five divisions: Electrify, Control, TecSec, Ni...
How the Company Makes Money
Lagercrantz makes money primarily by selling technical products and solution packages to B2B customers through its portfolio of subsidiaries. Revenue is generated from (1) distribution and resale of value-adding components and equipment sourced fr...
Lagercrantz Group AB Class B Financial Statement Overview
Summary
Income Statement
83
Very Positive
Balance Sheet
72
Positive
Cash Flow
74
Positive
| Breakdown | TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 10.29B | 9.39B | 8.13B | 7.25B | 5.48B | 4.09B |
| Gross Profit | 4.02B | 3.66B | 3.20B | 2.74B | 2.09B | 1.58B |
| EBITDA | 1.84B | 1.50B | 1.70B | 1.43B | 1.08B | 773.00M |
| Net Income | 1.14B | 1.02B | 877.00M | 758.00M | 572.00M | 388.00M |
Balance Sheet | ||||||
| Total Assets | 12.61B | 11.22B | 9.84B | 8.03B | 6.21B | 4.61B |
| Cash, Cash Equivalents and Short-Term Investments | 490.00M | 456.00M | 355.00M | 360.00M | 210.00M | 151.00M |
| Total Debt | 4.99B | 4.09B | 3.25B | 2.63B | 2.16B | 1.39B |
| Total Liabilities | 8.52B | 7.38B | 6.37B | 5.02B | 3.98B | 2.75B |
| Stockholders Equity | 4.09B | 3.84B | 3.47B | 3.01B | 2.23B | 1.85B |
Cash Flow | ||||||
| Free Cash Flow | 1.20B | 1.16B | 1.21B | 892.00M | 471.00M | 692.00M |
| Operating Cash Flow | 1.44B | 1.32B | 1.33B | 1.07B | 594.00M | 782.00M |
| Investing Cash Flow | -1.72B | -1.29B | -1.29B | -1.02B | -765.00M | -415.00M |
| Financing Cash Flow | 383.00M | 90.00M | -47.00M | 87.00M | 224.00M | -333.00M |
Lagercrantz Group AB Class B Technical Analysis
Positive
221.20
Price Trends
209.34
Positive
207.87
Positive
215.47
Positive
Market Momentum
7.78
Negative
78.54
Negative
96.31
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:LAGR.B, the sentiment is Positive. The current price of 221.2 is above the 20-day moving average (MA) of 207.97, above the 50-day MA of 209.34, and above the 200-day MA of 215.47, indicating a bullish trend. The MACD of 7.78 indicates Negative momentum. The RSI at 78.54 is Negative, neither overbought nor oversold. The STOCH value of 96.31 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:LAGR.B.
Lagercrantz Group AB Class B Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | kr49.25B | 34.92 | 30.31% | 1.04% | 13.72% | 19.99% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | kr3.02B | 24.25 | 14.35% | 2.13% | -3.81% | -43.26% | |
61 Neutral | kr1.52B | 10.90 | 15.90% | 1.13% | 6.46% | 46.26% | |
56 Neutral | kr2.27B | 33.94 | ― | ― | 1.97% | 98.48% | |
55 Neutral | kr6.53B | 33.80 | 15.03% | 1.20% | -25.32% | -5.06% | |
50 Neutral | kr2.17B | -11.31 | 2.38% | 2.03% | -9.63% | -368.65% |
* Industrials Sector Average
SE:LAGR.B
Lagercrantz Group AB Class B
241.20
24.12
11.11%
SE:ANOD.B
Addnode Group AB Class B
47.85
-34.52
-41.91%
SE:EXS
Exsitec Holding AB
113.00
-9.91
-8.06%
SE:KNOW
Knowit AB
79.20
-61.77
-43.82%
SE:PACT
Proact IT Group AB
113.60
-0.14
-0.12%
SE:DUST
Dustin Group AB
1.67
-0.37
-18.22%
Lagercrantz Group AB Class B Corporate Events
Lagercrantz Strengthens Secure Storage Portfolio With Nivex Topsafe Acquisition
Apr 17, 2026
Lagercrantz Group AB has acquired 100% of Nivex Topsafe Group, a leading Swedish manufacturer and distributor of secure storage solutions such as security cabinets, fire cabinets, and safe rooms for private and public customers. Nivex Topsafe oper...
Lagercrantz boosts UK presence with acquisition of Michael Smith Switchgear
Apr 2, 2026
Lagercrantz Group AB has acquired 100% of UK-based Michael Smith Switchgear Limited, a Leicester manufacturer of bespoke low-voltage switchgear and electrical distribution assemblies serving industrial, commercial, infrastructure and data centre c...
Lagercrantz lifts profitability, steps up margin targets on back of strong quarter and acquisition-led growth
Feb 6, 2026
Lagercrantz Group reported a strong third quarter and nine-month period for its 2025/26 financial year, with net revenue up 16% in the quarter to SEK 2.85 billion and EBITA up 20%, lifting the margin to 18.0%. Over the first nine months, revenue c...
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.