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SAXG.ST

Saxlund Group AB (publ) (SAXG.ST) fair value

Industrials · Pollution & Treatment Controls · Nasdaq Stockholm · Sweden
kr 8.40+0.00%
Market cap kr 60MNext earnings 2021-04-29Updated Oct 23, 2026
Our verdict
Trades 17% below our fair value
Price
kr 8.40
Model fair valueConfidence: good
kr 10.08
Model range
kr 6.47 to kr 13.09
Fair value kr 10.08
Price kr 8.40
2 models fit Saxlund Group AB (publ) and they disagree: 0 of 2 land within 15% of the average.
Two or more of our models back this value.
Discount(i)
Valued as a cyclical company: EV/EBITDA comparison and Graham number.
ACCE opinionSaxlund Group AB (publ) (SAXG.ST)
Fair value (2 models)
kr 10.08
ACCE price target
kr 8.50
Rating
Undervalued
Horizon
12 months
Fair value published on 23 Oct 2026, 11:04 CEST.
ACCE price target published on 23 Oct 2026, 01:52 CEST.
Rating published on 23 Oct 2026, 11:04 CEST.
Price used: kr 8.40 at the close on 23 Oct 2026, 17:30 CEST.
Models: EV/EBITDA comparison and Graham number.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
16.7% below
+20.0% to fair value
ACCE score
28
out of 100
P/E
84.0x
1-year return
-16.8%
Dividend yield
0.00%

Saxlund Group AB (publ) in four questions

Plain answers, details below
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OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Saxlund Group is a small Swedish maker of pollution and treatment control equipment, with a market capitalisation of about 60M SEK and no index membership. The business carries a 41.8% gross margin, which points to a product mix with some pricing power, but revenue fell 17.9% year on year and the operating margin is still slightly negative at -1.5%. Its trailing P/E of 84 and 1.3% ROE mean earnings are thin and the stock is priced on a recovery that the reported numbers do not yet show. The case for a deeper look rests on whether the gross margin is durable and whether revenue stabilises, since with no forward estimates available, any turn in the top line would be the first hard evidence the market can check.

AI-assisted·How I use AIWritten Oct 23, 2026

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Valuation

INVESTOR
Where SAXG.ST's valuation models land
Price
kr 8.40
Model fair value
kr 10.08
Model range
kr 6.47 to kr 13.09
Fair value kr 10.08
Price kr 8.40
The price sits inside the model range.
Model
Fair value
Upside
EV/EBITDA comparison
Graham number
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

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  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

No analyst coverage yet.
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

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Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
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Compare

Where it sits vs peers

News and Record

Recent performance

1 week
-2.3%
1 month
-6.9%
3 months
-29.1%
6 months
-40.4%
YTD
-23.3%
1 year
-16.8%

Recommendation history, last 12 months

DateTypeNewPreviousPrice
23 Oct 2026, 11:04 CESTRatingUndervaluedfirst publicationkr 8.40
23 Oct 2026, 11:04 CESTFair valuekr 10.08first publicationkr 8.40
23 Oct 2026, 01:52 CESTACCE price targetkr 8.50first publicationkr 8.40

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

This security trades in SEK. Exchange-rate movements can increase or reduce the result in your own currency.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth7Value40Quality46Momentum17Total28
Valuation
Trailing P/E
84.0x
Forward P/E
no data
PEG
no data
P/B
1.18x
EV / Revenue
0.3x
Book value/sh
kr 7.39
Enterprise value
kr 66M
Profitability
ROE
1.3%
FCF yield
-21.06%
ROIC
2.0%
Health and risk
Debt / equity
0.23
Dividend yield
0.00%
Beta
0.26

Price

-16.4% · 1Y

Ask anything about SAXG.ST

Answered from Saxlund Group AB (publ) fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 20% of peers
low 0.0x84.0xhigh 88.0x
ROEbetter than 100% of peers
low -5812%1%high 1%
Div yieldbetter than 100% of peers
low 0.0%0.0%high 0.0%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
SAXG.ST Saxlund Group AB (publ)kr 8.40kr 1017% below84.0x1.3%4628
ALUVI.PA UV Germi SA€2.34--78.0x1.0%4644
RAIN Rain Enhancement Technologies Holdco Inc. Class A Common Stock$0.62---0.0%1614
BAWAT.ST Bawat Water Technologies ABkr 1.07----5811.5%2542
CLWT Euro Tech Holdings Company Limited Common Stock$1.32--66.0x1.0%4242
LIQT LiqTech International Inc. Common Stock$0.35----49.6%1722
ALTUV.PA BIO-UV Group S.A.€0.89--88.0x0.5%5136

Sector report card

Where SAXG.ST ranks against its sector peers on each metric.

Computing percentiles…