Lindab International AB (LIAB) AI Stock Analysis

• Market Cap: kr15.06B
• Dividend Yield: 2.74%
• Average Volume (3M): 100.25K
• Price to Earnings (P/E): 49.9
• Beta (1Y): 0.88
• Revenue Growth: -0.52%
• EPS Growth: -60.06%
• Country: SE
• Employees: 5,046
• Sector: Industrials
• Sector Strength: 72
• Industry: Construction
• EPS (TTM): 2.27
• Shares Outstanding: 78,842,820
• 10 Day Avg. Volume: 95,305
• 30 Day Avg. Volume: 100,246
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: kr248.00
• Price Target Upside: 25.89% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 57 Neutral
• Price Target: kr208.00 ▲(5.58% Upside)

Lindab International AB's stock score is primarily influenced by its stable financial performance, despite challenges in revenue and cash flow growth. The technical analysis indicates a bearish trend, and the high P/E ratio suggests overvaluation, which are significant factors impacting the overall score.

Lindab International AB Business Overview & Revenue Model

Company Description

Lindab International AB (LIAB) is a leading player in the building products and ventilation sectors, providing innovative solutions for indoor climate and construction. The company specializes in the manufacture of products such as duct systems, building components, and roofing materials, primarily aimed at improving energy efficiency and sustainability in buildings. With a strong presence in Europe and expanding markets, Lindab focuses on delivering high-quality products and services to meet the demands of both commercial and residential construction projects.

How the Company Makes Money

Lindab International AB generates revenue through the sale of its core products, which include ventilation systems, building components, and roofing materials. The company's revenue model is based on direct sales to contractors, builders, and distributors, as well as through partnerships with construction firms and wholesalers. Key revenue streams originate from both product sales and installation services. Additionally, Lindab's commitment to innovation and sustainability has led to the development of energy-efficient products that align with regulatory trends, further enhancing its market position. The company's strong distribution network across Europe, along with strategic partnerships, plays a significant role in driving sales and expanding its customer base.

Lindab International AB Financial Statement Overview

Summary

Lindab International AB presents a stable financial position with consistent profitability margins and a solid equity base. However, challenges in revenue growth and declining free cash flow growth pose risks. The company demonstrates operational efficiency but needs to address growth and cash generation to enhance financial performance.

Income Statement

Lindab International AB's income statement shows a mixed performance. The TTM (Trailing-Twelve-Months) data indicates a slight decline in revenue growth rate at -1.99%, suggesting challenges in maintaining sales momentum. However, the company maintains stable gross and net profit margins at approximately 27.79% and 2.32%, respectively. The EBIT and EBITDA margins are also consistent, indicating operational efficiency. Despite these strengths, the declining revenue growth is a concern.

Balance Sheet

The balance sheet reflects a solid equity base with a debt-to-equity ratio of 0.66, indicating moderate leverage. The return on equity (ROE) is 4.19%, which is relatively low, suggesting limited profitability from shareholders' equity. The equity ratio stands at 45.96%, showing a healthy proportion of equity financing. Overall, the balance sheet is stable, but there is room for improvement in profitability.

Cash Flow

Cash flow analysis reveals a decline in free cash flow growth at -96.6%, raising concerns about cash generation capabilities. The operating cash flow to net income ratio is 0.40, indicating moderate cash conversion efficiency. The free cash flow to net income ratio is 0.82, suggesting that a significant portion of net income is converted into free cash flow. While cash flow generation is adequate, the negative growth trend is a potential risk.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	13.12B	13.32B	13.11B	12.37B	9.65B	9.17B
Gross Profit	3.65B	3.69B	3.56B	3.46B	2.74B	2.62B
EBITDA	1.67B	1.70B	1.79B	1.80B	1.43B	1.15B
Net Income	304.00M	315.00M	849.00M	974.00M	537.00M	596.00M
Balance Sheet
Total Assets	15.27B	15.43B	13.56B	12.96B	10.30B	9.40B
Cash, Cash Equivalents and Short-Term Investments	468.00M	499.00M	587.00M	481.00M	542.00M	541.00M
Total Debt	4.66B	4.73B	3.63B	3.57B	1.99B	1.96B
Total Liabilities	8.25B	8.07B	6.32B	6.21B	4.66B	4.23B
Stockholders Equity	7.02B	7.36B	7.24B	6.75B	5.65B	5.18B
Cash Flow
Free Cash Flow	1.13B	1.21B	1.42B	332.00M	309.00M	704.00M
Operating Cash Flow	1.38B	1.44B	1.71B	691.00M	704.00M	1.13B
Investing Cash Flow	-439.00M	-1.60B	-760.00M	-1.34B	-404.00M	-663.00M
Financing Cash Flow	-1.07B	65.00M	-843.00M	556.00M	-319.00M	-395.00M

Lindab International AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 197.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:LIAB, the sentiment is Negative. The current price of 197 is below the 20-day moving average (MA) of 202.40, below the 50-day MA of 206.54, and below the 200-day MA of 203.88, indicating a bearish trend. The MACD of -2.98 indicates Positive momentum. The RSI at 41.66 is Neutral, neither overbought nor oversold. The STOCH value of 10.17 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:LIAB.

Lindab International AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALIG	76 Outperform	kr17.21B	23.68	9.98%	1.87%	-0.39%	34.10%
SYSR	74 Outperform	€16.39B	24.72	11.31%	1.69%	0.74%	8.11%
INWI	69 Neutral	€10.45B	18.51	10.69%	3.05%	3.19%	4.23%
AQ	68 Neutral	€16.44B	25.03	15.38%	0.89%	-1.58%	-1.95%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
LIAB	57 Neutral	kr15.06B	49.89	4.25%	2.74%	-0.52%	-60.06%
BERG.B	51 Neutral	kr8.35B	40.20	-2.39%	1.27%	6.11%	-124.15%

Lindab International AB Corporate Events

Lindab Divests Hungarian Profile Operations to Focus on Ventilation Business

Lindab International AB has announced the divestment of its profile operations in Hungary, which is part of a broader restructuring strategy for its Profile Systems business area in Eastern Europe. This move allows Lindab to concentrate on its core ventilation business in Hungary while the profile operations will be taken over by a local company linked to ROVA-SK a.s. The transaction is expected to enhance the margin for Profile Systems and improve capital efficiency, with completion anticipated in the fourth quarter of the year.

The most recent analyst rating on (SE:LIAB) stock is a Buy with a SEK293.00 price target. To see the full list of analyst forecasts on Lindab International AB stock, see the SE:LIAB Stock Forecast page.

Lindab Reports Resilient Performance Amid Market Challenges in Q2 2025

Lindab International AB reported a challenging second quarter of 2025, with net sales decreasing by 8% due to low market activity and negative currency effects. Despite these challenges, the company’s Ventilation Systems division showed resilience with a 9.9% operating margin, supported by cost-saving measures and price adjustments. The acquisition of Ventia and HAS-Vent was completed, positioning Lindab for future growth. The company remains optimistic about stabilizing sales in the second half of 2025 and anticipates a market recovery in 2026.

The most recent analyst rating on (SE:LIAB) stock is a Buy with a SEK293.00 price target. To see the full list of analyst forecasts on Lindab International AB stock, see the SE:LIAB Stock Forecast page.

Lindab Finalizes Acquisition of Polish Ventilation Firm Ventia

Lindab International AB has successfully completed the acquisition of Ventia, a Polish ventilation distributor, following approval from the Polish competition authority. This acquisition is a strategic move to enhance Lindab’s presence in the Polish market and boost sales of technical ventilation products, with Ventia becoming a subsidiary of Lindab Poland.

The most recent analyst rating on (SE:LIAB) stock is a Buy with a SEK270.00 price target. To see the full list of analyst forecasts on Lindab International AB stock, see the SE:LIAB Stock Forecast page.

Lindab Completes Acquisition of HAS-Vent, Expanding UK Market Presence

Lindab International AB has successfully completed the acquisition of the British ventilation company HAS-Vent Ltd, following a review by the UK’s Competition and Markets Authority. This strategic acquisition, which required the divestment of two branches, enhances Lindab’s presence in the UK market, expanding its distribution network to over 30 branches and strengthening its operations in one of Europe’s key markets.

The most recent analyst rating on (SE:LIAB) stock is a Buy with a SEK248.00 price target. To see the full list of analyst forecasts on Lindab International AB stock, see the SE:LIAB Stock Forecast page.

Lindab CEO Ola Ringdahl Acquires Share Options

Lindab’s CEO, Ola Ringdahl, has acquired 100,000 share options under the company’s 2025-2028 share option program for senior executives, with a total investment of SEK 2,530,000. This acquisition, partially financed by the sale of 10,000 Lindab shares, results in a net investment of SEK 468,000, potentially strengthening Ringdahl’s commitment to the company’s future growth and aligning his interests with those of the shareholders.

The most recent analyst rating on (SE:LIAB) stock is a Buy with a SEK270.00 price target. To see the full list of analyst forecasts on Lindab International AB stock, see the SE:LIAB Stock Forecast page.