Lindab International AB (LIAB) AI Stock Analysis

• Market Cap: kr14.98B
• Dividend Yield: 2.61%
• Average Volume (3M): 116.04K
• Price to Earnings (P/E): 27.0
• Beta (1Y): 0.95
• Revenue Growth: -1.96%
• EPS Growth: -19.69%
• Country: SE
• Employees: 5,046
• Sector: General
• Sector Strength: N/A
• Industry: Construction
• EPS (TTM): 3.55
• Shares Outstanding: 78,842,820
• 10 Day Avg. Volume: 66,914
• 30 Day Avg. Volume: 116,036
• PEG Ratio: -0.89
• Price to Book (P/B): 2.40
• Price to Sales (P/S): 1.32
• P/FCF Ratio: 14.59
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: kr194.00 ▼(-5.64% Downside)

Lindab International AB's overall stock score reflects a balanced view of its financial performance, technical analysis, and valuation. The company's financial stability and profitability are strengths, but challenges in revenue growth and cash conversion are concerns. The technical indicators suggest a neutral to slightly bearish outlook, while the valuation indicates the stock is fairly valued. The absence of earnings call and corporate events data means these factors do not influence the score.

Positive Factors

Stable Profitability

Stable profitability indicates operational efficiency and the ability to maintain margins, which supports long-term financial health.

Strong Balance Sheet

A strong balance sheet with manageable leverage provides financial stability and flexibility to invest in growth opportunities.

Improved Cash Flow Generation

Improved cash flow generation enhances the company's ability to fund operations, invest in growth, and return capital to shareholders.

Negative Factors

Declining Revenue Growth

Declining revenue growth can limit future earnings potential and indicates challenges in expanding market share or product adoption.

Cash Conversion Concerns

Issues in converting income into cash may impact liquidity and the ability to meet short-term obligations, affecting financial stability.

Decreased Return on Equity

A decreasing return on equity suggests reduced efficiency in generating profits from shareholders' investments, impacting investor confidence.

Lindab International AB Business Overview & Revenue Model

Company Description

Lindab International AB (publ) develops, manufactures, markets, distributes, and sells products and system solutions for construction and improved indoor climate. The company operates through three segments: Ventilation Systems, Profile Systems, and Building Systems. It offers products and systems for ventilation, cooling, and heating, as well as construction products and building solutions, such as steel rainwater systems; roof and wall cladding; and steel profiles for wall, roof and beam constructions, and buildings. The company also provides prefabricated steel construction systems, as well as proprietary IT software that simplify the project planning and quotation process for designers and contractors. In addition, it offers indoor climate products, such as air diffusers, water-borne climate systems, and acoustics. Lindab International AB (publ) offers its products through a network of approximately 128 branches, as well as through building contractors and retailers primarily in the Nordic region, Western Europe, Switzerland, Central and Eastern Europe/the Commonwealth of Independent States, and internationally. The company was formerly known as Lindab Intressenter AB and changed its name to Lindab International AB (publ) in May 2006. Lindab International AB (publ) was founded in 1959 and is headquartered in Bastad, Sweden.

How the Company Makes Money

Lindab generates revenue through multiple key streams, primarily by selling its extensive range of products to contractors, builders, and construction firms. The company’s revenue model is built around the manufacturing and distribution of building materials and ventilation solutions, which are critical in construction projects. Additionally, Lindab benefits from ongoing service contracts, maintenance, and support for its products, which provide a recurring revenue stream. Significant partnerships with key players in the construction and HVAC sectors further enhance its market reach and sales potential, allowing Lindab to capitalize on large-scale projects and installations.

Lindab International AB Financial Statement Overview

Summary

Lindab International AB presents a mixed financial picture. The income statement shows stable profitability but declining revenue growth. The balance sheet is robust with manageable leverage and a strong equity position. Cash flow generation is improving, but there are concerns about the conversion of income into cash. The company demonstrates resilience in maintaining profitability and financial stability, but it faces challenges in revenue growth and cash conversion.

Income Statement

Lindab International AB's income statement shows a mixed performance. The TTM (Trailing-Twelve-Months) data indicates a decline in revenue growth rate, which is concerning. However, the company maintains stable gross and net profit margins, suggesting operational efficiency. The EBIT and EBITDA margins are consistent, reflecting steady profitability. Overall, while revenue growth is a concern, the company demonstrates resilience in maintaining profitability.

Balance Sheet

The balance sheet of Lindab International AB is relatively strong. The debt-to-equity ratio is moderate, indicating a balanced approach to leveraging. The return on equity has decreased over the years, but it remains positive, showcasing the company's ability to generate returns on shareholders' investments. The equity ratio is healthy, suggesting a stable financial structure. Overall, the balance sheet reflects a stable financial position with manageable leverage.

Cash Flow

The cash flow statement reveals some challenges. The free cash flow growth rate is positive in the TTM period, indicating improved cash generation. However, the operating cash flow to net income ratio has decreased, suggesting potential issues in converting income into cash. The free cash flow to net income ratio remains strong, indicating efficient cash management. Overall, while cash flow generation shows improvement, there are concerns regarding the conversion of income into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	13.03B	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	1.97B	1.70B	1.79B	1.80B	1.65B	1.15B
Net Income	546.00M	315.00M	849.00M	974.00M	537.00M	596.00M
Balance Sheet
Total Assets	15.40B	15.43B	13.56B	12.96B	10.30B	9.40B
Cash, Cash Equivalents and Short-Term Investments	506.00M	499.00M	587.00M	481.00M	542.00M	541.00M
Total Debt	4.68B	4.73B	3.63B	3.57B	1.99B	1.96B
Total Liabilities	8.02B	8.07B	6.32B	6.21B	4.66B	4.23B
Stockholders Equity	7.38B	7.36B	7.24B	6.75B	5.65B	5.18B
Cash Flow
Free Cash Flow	1.20B	1.21B	1.42B	332.00M	309.00M	704.00M
Operating Cash Flow	1.46B	1.44B	1.71B	691.00M	704.00M	1.13B
Investing Cash Flow	-663.00M	-1.60B	-760.00M	-1.34B	-404.00M	-663.00M
Financing Cash Flow	-851.00M	65.00M	-843.00M	556.00M	-319.00M	-395.00M

Lindab International AB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 205.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:LIAB, the sentiment is Neutral. The current price of 205.6 is above the 20-day moving average (MA) of 193.87, above the 50-day MA of 201.05, and above the 200-day MA of 203.80, indicating a neutral trend. The MACD of -3.60 indicates Negative momentum. The RSI at 50.49 is Neutral, neither overbought nor oversold. The STOCH value of 69.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:LIAB.

Lindab International AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AQ	68 Neutral	kr18.57B	27.86	15.15%	0.83%	2.60%	3.05%
INWI	66 Neutral	kr9.74B	17.99	9.78%	3.37%	3.41%	-1.70%
SYSR	66 Neutral	kr18.57B	26.13	11.96%	1.55%	2.11%	13.90%
ALIG	65 Neutral	kr15.23B	21.23	9.59%	2.09%	-1.74%	26.36%
LIAB	57 Neutral	kr14.98B	26.97	7.36%	2.61%	-1.96%	-19.69%
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
BERG.B	48 Neutral	kr7.77B	-115.24	-3.67%	1.25%	4.65%	-136.09%

Lindab International AB Corporate Events

Lindab finalises sale of Hungarian profile operations as part of Eastern Europe restructuring

Lindab Group has completed the divestment of its Hungarian profile operations, which produce roofs, walls and rainwater systems and generate annual sales of about SEK 100 million. The sale, effective 31 December 2025, is part of a broader restructuring of the Profile Systems business in Eastern Europe and will strengthen Lindab’s cash flow, while leaving its Hungarian Ventilation Systems operations unaffected. The buyer is a local Hungarian company owned by Slovakia-based ROVA-SK a.s., whose owners had earlier acquired Lindab’s Slovak subsidiary, and the new owner will continue to act as a distributor of many of Lindab’s profile products, preserving market access in the region despite the divestment.

The most recent analyst rating on (SE:LIAB) stock is a Hold 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 exits Romanian operations as it completes Eastern European Profile Systems restructuring

Lindab Group has agreed to divest its operations in Romania, completing the previously announced restructuring of its Profile Systems business in Eastern Europe and enabling the unit to focus squarely on Scandinavian markets while its Ventilation Systems operations in the region target markets with stronger prospects for profitable growth. The Romanian business, which has about 100 employees and annual sales of roughly SEK 210 million and includes production, warehousing and sales, will be acquired by Marián Kapusta Sr. and Jr., who will run it under the Rova brand as both distributor and licensed manufacturer of many Lindab profile products; the deal, expected to close in the first quarter of 2026, will also have a positive cash-flow effect and maintains Lindab’s presence in Romania through a partnership model rather than direct ownership.

The most recent analyst rating on (SE:LIAB) stock is a Hold 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.