Lindab International AB (LIAB) AI Stock Analysis

• Market Cap: kr15.31B
• Dividend Yield: 2.7%
• Average Volume (3M): 126.10K
• Price to Earnings (P/E): 44.9
• Beta (1Y): 0.86
• Revenue Growth: 2.71%
• EPS Growth: -56.45%
• Country: SE
• Employees: 5,046
• Sector: Industrials
• Sector Strength: 86
• Industry: Construction
• EPS (TTM): 1.90
• Shares Outstanding: 78,842,820
• 10 Day Avg. Volume: 75,770
• 30 Day Avg. Volume: 126,101
• 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: 22.53% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: kr223.00 ▲(10.18%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 (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 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
EBITDA	1.74B	1.70B	1.79B	1.80B	1.65B	1.15B
Net Income	343.00M	315.00M	849.00M	974.00M	958.00M	596.00M
Balance Sheet
Total Assets	15.21B	15.43B	13.56B	12.96B	10.30B	9.40B
Cash, Cash Equivalents and Short-Term Investments	480.00M	499.00M	587.00M	481.00M	542.00M	541.00M
Total Debt	4.63B	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	7.19B	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: Positive
• Last Price: 202.40
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:LIAB, the sentiment is Positive. The current price of 202.4 is above the 20-day moving average (MA) of 200.20, below the 50-day MA of 204.89, and below the 200-day MA of 216.05, indicating a neutral trend. The MACD of -1.67 indicates Negative momentum. The RSI at 52.73 is Neutral, neither overbought nor oversold. The STOCH value of 86.37 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:LIAB.

Lindab International AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LIAB	65 Neutral	kr15.31B	44.87	4.65%	2.70%	2.71%	-56.45%
Sector *	65 Neutral	$10.69B	15.75	5.51%	1.90%	2.72%	-26.43%
4IIA		€605.29M	22.43	8.49%	25.47%	―	―
5IW		€1.08B	21.98	9.96%	2.63%	―	―
52SA		€1.60B	26.69	11.86%	1.38%	―	―
W0S		€328.90M	―	-0.63%	―	―	―
E5E		€154.34M	―	-2.77%	―	―	―

Lindab International AB Corporate Events

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.

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.