Lindab International AB (LIAB) AI Stock Analysis

• Market Cap: kr16.50B
• Dividend Yield: 2.49%
• Average Volume (3M): 149.56K
• Price to Earnings (P/E): 48.4
• Beta (1Y): 0.83
• Revenue Growth: 2.71%
• EPS Growth: -56.45%
• Country: SE
• Employees: 5,046
• Sector: Industrials
• Sector Strength: 90
• Industry: Construction
• EPS (TTM): 1.90
• Shares Outstanding: 78,842,820
• 10 Day Avg. Volume: 225,644
• 30 Day Avg. Volume: 149,555
• PEG Ratio: 4.80
• Price to Book (P/B): 2.32
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 14.65
• 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: 14.92% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: kr223.00 ▲(3.34%Upside)

Lindab International AB's overall stock score reflects a strong financial performance supported by stable revenue growth and operational efficiency. However, the high P/E ratio points to potential overvaluation, while technical indicators suggest short-term bearish trends. The absence of earnings call insights and corporate events means these factors did not influence the score.

Lindab International AB Business Overview & Revenue Model

Company Description

Lindab International AB (LIAB) is a Swedish company specializing in the development, production, and distribution of products and system solutions for simplified construction and improved indoor climate. The company operates primarily in two segments: Ventilation Systems and Profile Systems. Its core products include ventilation products, building components, and indoor climate solutions, which are used in residential, commercial, and industrial applications.

How the Company Makes Money

Lindab International AB generates revenue primarily through the sale of its ventilation and building system solutions. The Ventilation Systems segment, which includes air duct systems, air diffusers, filters, and fire protection products, represents a significant portion of the company's revenue. The Profile Systems segment, which offers building products such as roofing, walls, and rainwater systems, also contributes to its income. Additionally, Lindab benefits from strategic partnerships and collaborations to enhance its product offerings and market reach, as well as from its focus on energy-efficient and sustainable solutions which align with growing market demands for environmentally friendly construction practices.

Lindab International AB Financial Statement Overview

Summary

Lindab International AB presents a stable financial profile with consistent revenue growth and operational efficiency. The company maintains a robust balance sheet with moderate leverage and strong equity backing. Cash flow performance is commendable, with efficient conversion of earnings into cash. The company continues to face some profitability pressures, but its solid capital structure and operational efficiency provide a strong foundation for future growth.

Income Statement

Lindab International AB has demonstrated solid revenue growth with a 7.2% increase in TTM revenue compared to the previous year. The gross profit margin has remained stable at around 27.8% in TTM, reflecting consistent operational efficiency. However, the net profit margin decreased to 2.6% in TTM from 2.4% in the previous year, indicating some pressure on profitability. The EBIT and EBITDA margins are also stable at 5.5% and 13.0% respectively, suggesting steady core operational performance.

Balance Sheet

The balance sheet of Lindab International AB reflects moderate leverage, with a debt-to-equity ratio of 0.64 in TTM, indicating a balanced mix of debt and equity financing. The return on equity (ROE) is 4.8% in TTM, which is a decrease from 4.3% in the previous year, suggesting some pressure on shareholder returns. The equity ratio remains strong at 47.3%, highlighting a robust capital structure with significant equity backing.

Cash Flow

Lindab International AB exhibits strong cash flow performance with a free cash flow growth rate of -5.8% in TTM, reflecting slight pressure on cash flow generation. The operating cash flow to net income ratio is 4.1 in TTM, indicating efficient conversion of earnings into cash. The free cash flow to net income ratio is 3.3 in TTM, demonstrating strong free cash flow relative to net earnings.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
13.39B	13.32B	13.11B	12.37B	9.65B	9.17B
	Gross Profit
3.72B	3.69B	3.56B	3.46B	2.95B	2.62B
	EBIT
737.00M	736.00M	1.18B	1.32B	1.27B	846.00M
	EBITDA
1.74B	1.70B	1.79B	1.80B	1.65B	1.15B
	Net Income Common Stockholders
343.00M	315.00M	849.00M	974.00M	958.00M	596.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
480.00M	499.00M	587.00M	481.00M	542.00M	541.00M
	Total Assets
15.21B	15.43B	13.56B	12.96B	10.30B	9.40B
	Total Debt
4.63B	4.73B	3.63B	3.57B	1.99B	1.96B
	Net Debt
4.15B	4.23B	3.04B	3.09B	1.45B	1.42B
	Total Liabilities
8.02B	8.07B	6.32B	6.21B	4.66B	4.23B
	Stockholders Equity
7.19B	7.36B	7.24B	6.75B	5.65B	5.18B
Cash Flow		Free Cash Flow
1.14B	1.21B	1.42B	332.00M	309.00M	704.00M
	Operating Cash Flow
1.39B	1.44B	1.71B	691.00M	704.00M	1.13B
	Investing Cash Flow
-515.00M	-1.60B	-760.00M	-1.34B	-404.00M	-663.00M
	Financing Cash Flow
-1.20B	65.00M	-843.00M	556.00M	-319.00M	-395.00M

Lindab International AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 215.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• 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 Negative. The current price of 215.8 is above the 20-day moving average (MA) of 214.09, above the 50-day MA of 200.37, and below the 200-day MA of 220.99, indicating a neutral trend. The MACD of 2.23 indicates Positive momentum. The RSI at 47.37 is Neutral, neither overbought nor oversold. The STOCH value of 58.49 is Neutral, 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
SYSR	74 Outperform	kr18.28B	26.86	11.86%	1.34%	0.42%	-29.62%
INWI	71 Outperform	kr12.25B	22.08	9.96%	2.45%	3.91%	-5.92%
Sector *	66 Neutral	$4.49B	12.34	5.40%	248.65%	4.13%	-12.33%
LIAB	65 Neutral	kr16.50B	48.37	4.65%	2.49%	2.71%	-56.45%
ELTEL	65 Neutral	kr1.41B	―	-2.77%	―	-2.53%	83.08%
INSTAL	64 Neutral	kr6.41B	21.85	8.49%	2.49%	-4.16%	-50.90%
VESTUM	59 Neutral	kr4.04B	―	-0.63%	―	-23.83%	57.97%

Lindab International AB Corporate Events

Lindab International AB Announces Key Resolutions at 2025 AGM

Lindab International AB’s Annual General Meeting resulted in the re-election of its Board members and Deloitte AB as auditor, approval of a dividend of SEK 5.40 per share, and the introduction of a call option plan for senior executives to align their interests with shareholders. The meeting also authorized the Board to repurchase shares and issue new shares, warrants, or convertibles, aiming to optimize the capital structure and support future acquisitions, thereby enhancing shareholder value.

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 Reports Stable Q1 2025 Amid Strategic Restructuring

Lindab International AB reported a stable first quarter in 2025, with a slight increase in net sales and operating profit despite challenging market conditions. The company is focusing on profitability improvements and restructuring efforts, including divesting operations in Slovakia and acquiring the Polish ventilation specialist Ventia. These strategic moves aim to strengthen Lindab’s position in the ventilation market, with expectations of gradual market recovery in the latter half of 2025.