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Trelleborg AB (SE:TREL.B)
:TREL.B
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Trelleborg AB (TREL.B) AI Stock Analysis

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SE:TREL.B

Trelleborg AB

(TREL.B)

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Outperform 73 (OpenAI - 5.2)
Rating:73Outperform
Price Target:
kr463.00
▲(16.39% Upside)
Action:Reiterated
Date:07/17/26
The score is driven primarily by solid financial performance—strong margins, improved leverage, and healthy free cash flow. Technicals add support with the stock trading above key moving averages and positive MACD, though broader momentum is neutral. Valuation is the main constraint due to a relatively high P/E and only moderate dividend yield.
Positive Factors
Profitability / Margins
Sustained mid-to-high industrial margins indicate differentiated, application-specific products and pricing power. These margins support ongoing R&D, engineering, and aftermarket services, enabling durable operating cash flow and reinvestment capacity even in normal demand cycles.
Negative Factors
Low Revenue Growth
Near-flat top-line growth constrains long-term earnings upside and reflects limited end-market expansion or pricing-led volume gains. With revenue largely stagnant, the company must rely on margin improvements or capital returns to drive shareholder value, increasing execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability / Margins
Sustained mid-to-high industrial margins indicate differentiated, application-specific products and pricing power. These margins support ongoing R&D, engineering, and aftermarket services, enabling durable operating cash flow and reinvestment capacity even in normal demand cycles.
Read all positive factors

Trelleborg AB (TREL.B) vs. iShares MSCI Sweden ETF (EWD)

Trelleborg AB Business Overview & Revenue Model

Company Description
Trelleborg AB (publ) operates globally, specializing in the development, production, and distribution of advanced polymer-based solutions. These expertly engineered products are designed to seal, dampen vibrations, and safeguard critical applicati...
How the Company Makes Money
Trelleborg makes money mainly by selling engineered polymer products to industrial customers, with revenues primarily generated through two core business areas: (1) Sealing Solutions, which designs and supplies seals, gaskets, O-rings, precision-m...

Trelleborg AB Financial Statement Overview

Summary
Overall fundamentals are solid: healthy profitability (TTM gross margin ~37.5%, EBIT margin ~16.3%, net margin ~10.7%), improved leverage versus 2022 (debt-to-equity ~0.20–0.27 in 2023–TTM), and reliable cash generation (OCF ~5.3B; TTM FCF ~3.9B with strong TTM growth). Offsets are limited revenue growth (~1.8% TTM) and earnings quality volatility from an unusually high 2024 net margin (~29%) that appears non-recurring.
Income Statement
78
Positive
Balance Sheet
74
Positive
Cash Flow
80
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue34.68B34.33B34.29B34.17B30.09B33.86B
Gross Profit13.10B12.92B12.09B12.44B10.96B11.02B
EBITDA7.75B7.35B7.48B7.42B6.32B5.42B
Net Income3.79B3.60B10.07B3.74B5.25B3.72B
Balance Sheet
Total Assets60.57B55.23B60.51B60.52B77.06B55.61B
Cash, Cash Equivalents and Short-Term Investments2.33B2.03B2.16B10.56B3.94B3.47B
Total Debt12.06B9.06B8.56B8.30B25.15B11.40B
Total Liabilities23.07B18.73B18.94B18.79B39.58B22.64B
Stockholders Equity37.49B36.49B41.56B41.72B37.48B32.99B
Cash Flow
Free Cash Flow3.92B3.71B3.19B3.58B2.62B2.70B
Operating Cash Flow5.27B5.32B5.08B5.25B3.92B3.65B
Investing Cash Flow-2.08B-2.92B-7.31B13.89B-2.19B706.00M
Financing Cash Flow-2.15B-2.25B-6.18B-13.30B-579.00M-6.76B

Trelleborg AB Technical Analysis

Technical Analysis Sentiment
Positive
Last Price397.80
Price Trends
50DMA
420.68
Positive
100DMA
402.62
Positive
200DMA
388.01
Positive
Market Momentum
MACD
3.06
Positive
RSI
53.21
Neutral
STOCH
18.39
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:TREL.B, the sentiment is Positive. The current price of 397.8 is below the 20-day moving average (MA) of 431.15, below the 50-day MA of 420.68, and above the 200-day MA of 388.01, indicating a neutral trend. The MACD of 3.06 indicates Positive momentum. The RSI at 53.21 is Neutral, neither overbought nor oversold. The STOCH value of 18.39 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:TREL.B.

Trelleborg AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
kr94.18B25.5110.20%1.95%0.11%7.71%
73
Outperform
kr954.88B37.4923.93%2.03%-1.80%-5.25%
72
Outperform
kr231.96B28.3018.42%1.57%3.87%2.11%
71
Outperform
kr300.84B35.881.53%-1.94%-1.63%
69
Neutral
kr697.07B19.4419.98%3.69%-5.71%-5.84%
63
Neutral
kr477.67B28.3517.52%1.72%6.31%16.31%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:TREL.B
Trelleborg AB
429.80
78.12
22.21%
SE:ALFA
Alfa Laval AB
561.20
131.28
30.54%
SE:ATCO.B
Atlas Copco AB
178.05
47.41
36.29%
SE:SAND
Sandvik AB
380.80
142.78
59.99%
SE:VOLV.B
Volvo AB
342.80
58.27
20.48%
SE:EPI.A
Epiroc AB
262.30
67.59
34.71%

Trelleborg AB Corporate Events

Trelleborg boosts capital returns with continued series B share buybacks
Jul 27, 2026
Trelleborg AB has continued to execute its previously announced share buyback program, repurchasing 97,500 series B shares on Nasdaq Stockholm between July 20 and July 24, 2026, at daily weighted average prices around SEK 412–418. These repu...
Trelleborg steps up series B share buybacks to optimize capital structure
Jul 20, 2026
Trelleborg AB has continued executing its previously announced share buyback program, repurchasing 99,442 series B shares on Nasdaq Stockholm between July 13 and July 17, 2026, at daily weighted average prices of around SEK 408–415, for a to...
Trelleborg Delivers Record Sales and Margin in Second Quarter 2026
Jul 16, 2026
Trelleborg AB reported its strongest-ever quarterly performance in the second quarter of 2026, driven by robust demand for its industrial polymer solutions. Net sales rose 7 percent to SEK 9,161 million, the highest on record for a single quarter,...
Trelleborg Continues B-Share Buybacks to Adjust Capital Structure
Jul 13, 2026
Trelleborg AB has repurchased 98,393 series B shares on Nasdaq Stockholm between July 6 and July 10, 2026, as part of a broader buyback program of up to 7.5 million series B shares worth a maximum of SEK 2 billion. The purchases, executed by DNB C...
Trelleborg Steps Up Share Buybacks to Refine Capital Structure
Jul 6, 2026
Trelleborg AB, a global leader in engineered polymer solutions for industrial and medical applications, operates across roughly 40 countries through three main business areas: Industrial Solutions, Medical Solutions, and Sealing Solutions. Listed ...
Trelleborg Sets July 16 Date for Second-Quarter 2026 Earnings Release and Webcast
Jul 2, 2026
Trelleborg AB will publish its financial report for the second quarter of 2026 on July 16 at about 1:00 pm CEST, followed by a webcast conference call for investors, analysts, and media at 3:00 pm CEST. The English-language presentation, led by Pr...
Trelleborg Continues Share Buybacks to Rebalance Capital Structure
Jun 29, 2026
Trelleborg AB has repurchased 97,500 series B shares on Nasdaq Stockholm during the week of June 22–26, 2026, as part of a broader buyback program authorized by its board. The transactions, executed by DNB Carnegie Investment Bank, aim to op...
Trelleborg steps up series B buybacks to fine-tune capital structure
Jun 22, 2026
Trelleborg AB has continued its ongoing share buyback program, repurchasing 78,090 series B shares between June 15 and June 18, 2026, on Nasdaq Stockholm through DNB Carnegie Investment Bank. The program, which allows for up to 7.5 million series ...
Trelleborg Advances SEK 2 Billion Share Buyback With New Series B Repurchases
Jun 15, 2026
Trelleborg AB has repurchased 97,510 series B shares on Nasdaq Stockholm between June 8 and June 12, 2026, as part of an ongoing buyback program of up to 7.5 million series B shares worth a maximum of SEK 2 billion. Executed by DNB Carnegie Invest...
Trelleborg Issues Sweden’s First Corporate Blue Bond to Fund Water Infrastructure
Jun 10, 2026
Trelleborg Group has issued a SEK 800 million, five-year blue bond, becoming the first Swedish company to tap this form of sustainable financing dedicated to water and wastewater management. The bond is arranged under the company’s updated G...
Trelleborg Steps Up Share Buybacks to Optimize Capital Structure
Jun 8, 2026
Trelleborg AB has repurchased 102,500 series B shares during the period June 1–5, 2026, under a previously announced buyback program of up to 7.5 million series B shares worth a maximum of SEK 2 billion. Executed on Nasdaq Stockholm by DNB C...
Trelleborg Buys Italy’s Gomet to Bolster Automotive Aftermarket Footprint
Jun 5, 2026
Trelleborg Group, through its Trelleborg Industrial Solutions business area, has acquired Italian company Gomet S.r.l., a specialist in protective polymer components for critical automotive systems such as constant velocity joint boots, jounce bum...
Trelleborg Advances SEK 2 Billion Share Buyback to Optimize Capital Structure
Jun 1, 2026
Trelleborg has continued executing its share buyback program, repurchasing 102,500 series B shares on Nasdaq Stockholm between May 25 and May 29, 2026, through DNB Carnegie Investment Bank. These purchases form part of a broader program of up to 7...
Trelleborg Wins CDP’s Top Grade for Climate-Focused Supplier Engagement
May 29, 2026
Trelleborg has been awarded an A rating in CDP’s 2025 Supplier Engagement Assessment, recognizing the company’s work with suppliers to tackle climate-related issues across its value chain. The score reflects best practices in supplier ...
Trelleborg Steps Up Share Buybacks to Optimize Capital Structure
May 25, 2026
Trelleborg AB has repurchased 104,400 series B shares on Nasdaq Stockholm between May 18 and May 22, 2026, as part of a previously announced share buyback program of up to 7.5 million series B shares or SEK 2 billion. The trades, executed by DNB C...
Trelleborg Steps Up Share Buybacks to Refine Capital Structure
May 18, 2026
Trelleborg AB has repurchased 84,000 series B shares on Nasdaq Stockholm between May 11 and May 15, 2026, as part of its previously announced buyback program of up to 7.5 million shares worth a maximum of SEK 2 billion. The transactions, executed ...
Trelleborg Steps Up Share Buybacks to Optimize Capital Structure
May 11, 2026
Trelleborg AB has repurchased 108,000 series B shares during the week of May 4–8, 2026, as part of an ongoing buyback program of up to 7.5 million series B shares worth a maximum of SEK 2 billion. The buybacks, executed on Nasdaq Stockholm b...
Trelleborg Advances SEK 2 Billion Share Buyback to Refine Capital Structure
May 4, 2026
Trelleborg AB has repurchased 80,000 series B shares between April 27 and April 30, 2026, as part of a broader share buyback program of up to 7.5 million B shares with a ceiling of SEK 2 billion. The transactions, executed on Nasdaq Stockholm via ...
Trelleborg Cancels 6.4 Million Own Shares to Adjust Capital Structure
Apr 30, 2026
Trelleborg AB has reduced its share capital structure by cancelling 6,427,344 of its own previously repurchased series B shares, following a resolution approved at the company’s Annual General Meeting on April 23, 2026. After the cancellatio...
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.Date of analysis: Jul 17, 2026