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XANO-B.ST

XANO Industri AB (publ) (XANO-B.ST) fair value

Industrials · Specialty Industrial Machinery · Nasdaq Stockholm · Sweden
kr 51.40+2.39%
Market cap kr 3.0BNext earnings 2025-07-10Updated Oct 22, 2026
Our verdict
Trades 28% below our fair value
Price
kr 51.40
Model fair valueConfidence: good
kr 71.69
Model range
kr 46.48 to kr 95.34
Fair value kr 71.69
Price kr 51.40
4 models fit XANO Industri AB (publ) and they partly agree: 2 of 4 land within 15% of the average.
Two or more of our models back this value.
Large discount(i)
Valued as a mature, profitable company: Discounted cash flow, P/E comparison, EV/EBITDA comparison, Graham number, and Dividend discount.
ACCE opinionXANO Industri AB (publ) (XANO-B.ST)
Fair value (4 models)
kr 71.69
ACCE price target
kr 54.00
Rating
Undervalued
Horizon
12 months
Fair value published on 22 Oct 2026, 13:04 CEST.
ACCE price target published on 23 Oct 2026, 01:53 CEST.
Rating published on 22 Oct 2026, 13:04 CEST.
Price used: kr 51.40 at the close on 23 Oct 2026, 17:30 CEST.
Models: Discounted cash flow, P/E comparison, 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
28.3% below
+39.5% to fair value
ACCE score
42
out of 100
P/E
18.4x
1-year return
-14.8%
Dividend yield
1.99%

XANO Industri AB (publ) in four questions

Plain answers, details below
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OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

XANO Industri makes specialised industrial machinery, including the cutting and sawing equipment and related consumables it sells to metal-working and manufacturing customers across Europe. The case for a closer look rests on its operating model rather than scale: a 21.6% gross margin and 7.6% operating margin are modest, but the business is small at roughly 3.0 billion SEK in market cap and carries a P/E of 18.0 with a 9.0% return on equity. Revenue growth of 2.8% is unexciting, so any upside would have to come from margin improvement, pricing discipline or a cyclical recovery in its end markets, and the data here does not show which of those is building. The lack of index membership and forward earnings estimates means coverage is thin, which can create mispricing but also means the research burden falls on us. It is worth a deeper look only if the margin trajectory and order intake can be verified in the latest reports.

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

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Valuation

INVESTOR
Where XANO-B.ST's valuation models land
Price
kr 51.40
Model fair value
kr 71.69
Model range
kr 46.48 to kr 95.34
Fair value kr 71.69
Price kr 51.40
The price sits inside the model range.
Model
Fair value
Upside
Discounted cash flow
Dividend discount
EV/EBITDA comparison
Graham number
P/E comparison
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +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

Trades are only made public after a delay. We show the delay so you know how old the news is.

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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Where it sits vs peers

News and Record

Recent performance

1 week
+4.8%
1 month
+4.7%
3 months
+4.6%
6 months
-15.5%
YTD
-33.2%
1 year
-14.8%

Recommendation history, last 12 months

DateTypeNewPreviousPrice
23 Oct 2026, 01:53 CESTACCE price targetkr 54.00first publicationkr 50.20
22 Oct 2026, 13:04 CESTRatingUndervaluedfirst publicationkr 48.80
22 Oct 2026, 13:04 CESTFair valuekr 71.69first publicationkr 48.80

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

Growth19Value83Quality48Momentum17Total42
Valuation
Trailing P/E
18.4x
Forward P/E
no data
PEG
no data
P/B
1.52x
EV / Revenue
1.0x
Book value/sh
kr 32.22
Enterprise value
kr 3.5B
Profitability
ROE
9.0%
FCF yield
12.56%
ROIC
5.3%
Health and risk
Debt / equity
0.48
Dividend yield
1.99%
Beta
0.74

Price

-15.2% · 1Y

Ask anything about XANO-B.ST

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

This stock Peer Peer median weaker → stronger
P/Ebetter than 67% of peers
low 14.6x18.4xhigh 289.6x
ROEbetter than 60% of peers
low 4%9%high 22%
Div yieldbetter than 50% of peers
low 0.4%2.0%high 3.1%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
XANO-B.ST XANO Industri AB (publ)kr 51.40kr 7228% below18.4x9.0%4842
6103.T Okuma Corporation¥4485.00--16.8x6.5%6375
1980.T Dai-Dan Co., Ltd.¥2919.00¥336213% below14.6x21.9%7364
5631.T The Japan Steel Works, Ltd.¥6147.00--22.1x10.2%5544
6324.T Harmonic Drive Systems Inc.¥4895.00--289.6x3.7%5553
6268.T Nabtesco Corporation¥4118.00¥39734% above25.2x7.0%6353
6134.T Fuji Corporation¥5948.00--24.9x-7575

Sector report card

Where XANO-B.ST ranks against its sector peers on each metric.

Computing percentiles…