Momentum Group is a Swedish B2B distributor of rental, fabrication and construction-related products, sold mainly through its Momentum brands to contractors and industrial customers in the Nordics and beyond. Its edge is a high-margin mix (49.3% gross margin) and a 24.5% return on equity, which suggests the business earns well above its cost of capital on the capital it deploys. Revenue growth of 7.5% is respectable for a distributor, and the forward P/E of 23.6 against a trailing 31.6 implies the market expects earnings to grow into the valuation. The stock is worth a deeper look if you want to test whether that margin and return profile holds through a construction slowdown, since operating margin of 10.9% leaves limited room for cost pressure. The company carries no index memberships, so liquidity and institutional coverage are worth checking before sizing.
Plain-English pros, cons, and what to watch. Pro feature.
See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.
The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.
The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.
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Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.
| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 23 Oct 2026, 01:53 CEST | ACCE price target | kr 125 | first publication | kr 125 |
| 22 Oct 2026, 14:04 CEST | Fair value | kr 74.52 | first publication | kr 127 |
| 22 Oct 2026, 14:04 CEST | Rating | Overvalued | first publication | kr 127 |
Answered from Momentum 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 |
|---|---|---|---|---|---|---|---|
| MMGR-B.ST Momentum Group AB (publ) | kr 126.20 | kr 75 | 69% above | 32.5x | 24.5% | 73 | 54 |
| THEP.PA Thermador Groupe SA | €60.60 | €84 | 28% below | 12.2x | 12.0% | 68 | 59 |
| BXC Bluelinx Holdings Inc. Common Stock | $76.75 | $142 | 46% below | - | -0.3% | 26 | 61 |
| ALLIGO-B.ST Alligo AB (publ) | kr 111.80 | kr 169 | 34% below | 16.4x | 9.3% | 51 | 58 |
| DSGR Distribution Solutions Group Inc. Common Stock | $35.01 | $24 | 47% above | 184.3x | 1.4% | 38 | 62 |
| GIC Global Industrial Company Common Stock | $44.46 | $33 | 34% above | 20.1x | 26.5% | 70 | 72 |
| TPK.L Travis Perkins plc | £6.13 | £8 | 23% below | - | -9.1% | 35 | 44 |
Where MMGR-B.ST ranks against its sector peers on each metric.