Troax Group AB Class A (TROAX) AI Stock Analysis

• Market Cap: kr5.58B
• Dividend Yield: 2.57%
• Average Volume (3M): 60.05K
• Price to Earnings (P/E): 59.8
• Beta (1Y): 0.62
• Revenue Growth: -5.67%
• EPS Growth: -33.12%
• Country: SE
• Employees: 1,221
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 0.00
• Shares Outstanding: 60,000,000
• 10 Day Avg. Volume: 129,937
• 30 Day Avg. Volume: 60,046
• PEG Ratio: -1.07
• Price to Book (P/B): 4.65
• Price to Sales (P/S): 3.08
• P/FCF Ratio: 0.00
• 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: kr165.00
• Price Target Upside: 12.55% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 0.55
• Revenue Forecast (FY): kr304.06M

• Rating: 50 Neutral
• Price Target: kr92.00 ▼(-37.24% Downside)
• Action: Reiterated Date: 02/07/26
• Date: Action: Reiterated 02/07/26

The score is held back primarily by the sharp deterioration in the latest financial performance (large revenue drop, margin compression, and zero free cash flow) and very weak technical trend (well below major moving averages with negative momentum). A debt-free balance sheet and a ~3.7% dividend yield provide some support, but the high P/E limits valuation appeal.

Positive Factors

Balance sheet strength

Troax's zero debt position and sizable equity cushion materially reduce financial risk and increase strategic optionality. Over the next 2–6 months this durability supports capital allocation choices (capex, dividends, M&A) and provides a buffer to absorb cyclical downturns without imminent refinancing pressure.

Negative Factors

Sharp revenue decline

A near-50% revenue drop materially reduces scale and fixed-cost absorption, weakening competitive position and limiting reinvestment capacity. If this demand shock reflects structural weakness in end markets or lost share, recovery could be slow and impair long-term growth prospects and bargaining power.

Troax Group AB Class A Business Overview & Revenue Model

Company Description

Troax Group AB (publ), through its subsidiaries, produces and sells mesh panels in the Nordic region, the United Kingdom, North America, Continental Europe, and internationally. The company offers machine guarding systems, such as panels, posts, f...

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Troax Group AB (publ), through its subsidiaries, produces and sells mesh panels in the Nordic region, the United Kingdom, North America, Continental Europe, and internationally. The company offers machine guarding systems, such as panels, posts, f...

How the Company Makes Money

Troax primarily makes money by selling engineered safety and security barrier systems made from metal components. Revenue is generated from (1) product sales of standardized modular systems (e.g., panels, posts, doors, and accessories) used for ma...

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Troax primarily makes money by selling engineered safety and security barrier systems made from metal components. Revenue is generated from (1) product sales of standardized modular systems (e.g., panels, posts, doors, and accessories) used for ma...

Troax Group AB Class A Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	267.32M	278.50M	264.27M	284.08M	252.28M
Gross Profit	86.29M	106.00M	100.10M	95.83M	94.17M
EBITDA	50.02M	48.20M	57.65M	61.19M	58.09M
Net Income	13.75M	31.30M	35.71M	36.79M	39.78M
Balance Sheet
Total Assets	397.71M	329.66M	327.37M	291.08M	291.32M
Cash, Cash Equivalents and Short-Term Investments	39.56M	29.51M	33.16M	37.53M	35.19M
Total Debt	0.00	75.55M	86.61M	71.57M	82.32M
Total Liabilities	220.93M	149.60M	155.08M	136.20M	148.76M
Stockholders Equity	176.78M	180.10M	172.28M	154.88M	142.56M
Cash Flow
Free Cash Flow	0.00	31.71M	42.62M	40.18M	18.51M
Operating Cash Flow	30.46M	42.49M	54.97M	48.76M	32.17M
Investing Cash Flow	-36.57M	-16.17M	-45.07M	-13.17M	-14.58M
Financing Cash Flow	16.91M	-29.89M	-14.28M	-32.42M	-15.27M

Troax Group AB Class A Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 146.60
• 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:TROAX, the sentiment is Negative. The current price of 146.6 is above the 20-day moving average (MA) of 96.40, above the 50-day MA of 111.12, and above the 200-day MA of 134.53, indicating a bearish trend. The MACD of -4.26 indicates Negative momentum. The RSI at 34.48 is Neutral, neither overbought nor oversold. The STOCH value of 33.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:TROAX.

Troax Group AB Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALFA	73 Outperform	kr213.28B	23.27	20.42%	1.84%	3.54%	20.94%
EPRO.B	67 Neutral	kr13.75B	25.46	12.07%	1.33%	1.51%	-11.25%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ALIG	61 Neutral	kr11.65B	25.44	9.59%	2.09%	-1.74%	26.36%
ABSO	59 Neutral	kr2.04B	35.34	―	1.51%	-8.97%	-31.59%
NMAN	54 Neutral	kr4.74B	21.74	―	2.41%	2.05%	-11.66%
TROAX	50 Neutral	kr5.58B	59.83	12.49%	2.57%	-5.67%	-33.12%

Troax Group AB Class A Corporate Events