Munters Group AB
STO:MTRS

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Munters Group AB
STO:MTRS
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Price: 200.1 SEK 3.54% Market Closed
Market Cap: kr36.9B

P/E

96.2
Current
150%
More Expensive
vs 3-y average of 38.5

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
96.2
=
Market Cap
kr35.2B
/
Net Income
kr379m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
96.2
=
Market Cap
kr35.2B
/
Net Income
kr379m

Valuation Scenarios

Munters Group AB is trading above its 3-year average

If P/E returns to its 3-Year Average (38.5), the stock would be worth kr80.11 (60% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-75%
Maximum Upside
No Upside Scenarios
Average Downside
69%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple 96.2 kr200.1
0%
3-Year Average 38.5 kr80.11
-60%
5-Year Average 31.5 kr65.63
-67%
Industry Average 26 kr54.09
-73%
Country Average 23.9 kr49.74
-75%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
kr35.2B
/
Apr 2026
kr379m
=
96.2
Current
kr35.2B
/
Dec 2026
kr1.2B
=
28.6
Forward
kr35.2B
/
Dec 2027
kr1.8B
=
19.4
Forward
kr35.2B
/
Dec 2028
kr2.1B
=
17.1
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Market Distribution

Higher than 93% of companies in Sweden
Percentile
93nd
Based on 1 178 companies
93nd percentile
96.2
Low
0 — 17.4
Typical Range
17.4 — 32.1
High
32.1 —
Distribution Statistics
Sweden
Min 0
30th Percentile 17.4
Median 23.9
70th Percentile 32.1
Max 8 163.4

Munters Group AB
Glance View

Market Cap
36.9B SEK
Industry
Building

Founded in 1955 by Swedish inventor Carl Munters, Munters Group AB has built its legacy on innovative air treatment solutions. The company carved a niche by addressing the crucial need for humidity and climate control across various industries. Their core competency lies in offering energy-efficient air treatment and dehumidification systems, which are indispensable in sectors like pharmaceuticals, electronics, food, and agriculture. By integrating cutting-edge technology with sustainable practices, Munters ensures optimized climate conditions that not only enhance product quality and safety but also help businesses meet regulatory standards, thereby solidifying their market position. Munters Group operates primarily through its two business-oriented segments: AirTech and FoodTech. AirTech delivers solutions for controlling temperature and humidity, particularly critical in preventing spoilage and damage in sensitive environments. This segment targets industries where precise atmospheric conditions can significantly impact operational success. On the other hand, FoodTech focuses on climate control systems specifically designed for the agriculture sector, including livestock and greenhouse applications. This dual-segment strategy not only diversifies revenue streams but also ensures Munters is deeply embedded in essential processes across its clients’ value chains. By consistently maintaining a focus on innovation, Munters Group AB has effectively positioned itself as a leader in the HVAC industry, adept at long-term profitability through problem-solving and efficiency improvements.

MTRS Intrinsic Value
204.42 SEK
Undervaluation 2%
Intrinsic Value
Price kr200.1
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