Fasadgruppen installs and maintains building envelopes in Sweden and Finland: facade cladding, windows, roofing and related fabrication for residential and commercial projects, sold through a group of acquired regional installers rather than one national brand. Its edge is local scale and repeat maintenance work, which carries a 47.7% gross margin that is high for a contractor and suggests pricing discipline on smaller jobs. Revenue is currently shrinking (-1.8%), so the case rests on whether the group can hold its 7.4% operating margin while volumes soften in Nordic construction. The stock trades on a forward P/E of 2.1 with no trailing earnings (ROE is -5.5%), which prices in a sharp drop in profitability or a buyback-like cash return that we have not yet verified. It is worth a deeper look to test whether the margin is durable and whether the balance sheet and order book can carry the group through a weak construction cycle.
Plain-English pros, cons, and what to watch. Pro feature.
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| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 23 Oct 2026, 01:52 CEST | ACCE price target | kr 14.00 | first publication | kr 13.54 |
| 22 Oct 2026, 12:04 CEST | Fair value | kr 42.72 | first publication | kr 14.10 |
| 22 Oct 2026, 12:04 CEST | Rating | Undervalued | first publication | kr 14.10 |
Answered from Fasadgruppen Group AB (publ) fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| FG.ST Fasadgruppen Group AB (publ) | kr 13.48 | kr 43 | 68% below | - | -5.5% | 39 | 38 |
| INGEVEC.SN Ingevec | CLP 217.63 | - | - | 10.5x | 22.6% | 56 | 82 |
| 1929.T Nittoc Construction Co., Ltd. | ¥1175.00 | - | - | 11.4x | 12.2% | 57 | 60 |
| 1938.T Nippon Rietec Co.,Ltd. | ¥2435.00 | - | - | 10.2x | 9.2% | 55 | 74 |
| 1921.T Tomoe Corporation | ¥1855.00 | - | - | 10.5x | 8.8% | 62 | 65 |
| 1945.T Tokyo Energy & Systems Inc. | ¥1968.00 | - | - | 15.2x | 6.2% | 52 | 66 |
| 1976.T MEISEI INDUSTRIAL Co.,Ltd. | ¥1720.00 | - | - | 14.3x | 8.1% | 59 | 57 |
Where FG.ST ranks against its sector peers on each metric.