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Troax Group AB (publ)
STO:TROAX

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Troax Group AB (publ)
STO:TROAX
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Price: 111 SEK -2.12% Market Closed
Market Cap: kr6.7B

EV/S

2.8
Current
26%
Cheaper
vs 3-y average of 3.8

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
2.8
=
Enterprise Value
kr8.2B
/
Revenue
€265.9m

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
2.8
=
Enterprise Value
kr8.2B
/
Revenue
€265.9m

Valuation Scenarios

Troax Group AB (publ) is trading below its 3-year average

If EV/S returns to its 3-Year Average (3.8), the stock would be worth kr151.01 (36% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-24%
Maximum Upside
+47%
Average Upside
11%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 2.8 kr111
0%
3-Year Average 3.8 kr151.01
+36%
5-Year Average 4.1 kr163.13
+47%
Industry Average 2.4 kr94.53
-15%
Country Average 2.1 kr84.28
-24%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
kr8.2B
/
Apr 2026
€265.9m
=
2.8
Current
kr8.2B
/
Dec 2026
€303.2m
=
26.9
Forward
kr8.2B
/
Dec 2027
€322m
=
25.3
Forward
kr8.2B
/
Dec 2028
€350.5m
=
23.3
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
Market Cap EV/S P/E
SE
Troax Group AB (publ)
STO:TROAX
6.6B SEK 2.8 62.1
JP
Fujitec Co Ltd
TSE:6406
2 720 795.8T JPY 1.4 0
JP
Ishii Iron Works Co Ltd
TSE:6362
304.2T JPY 28 119.7 363 670.8
JP
Star Micronics Co Ltd
TSE:7718
48T JPY 1 29.8
US
Parker-Hannifin Corp
NYSE:PH
123B USD 6.3 34.4
JP
Freund Corp
TSE:6312
16.9T JPY 607.6 8 494.3
JP
Mitsubishi Heavy Industries Ltd
TSE:7011
16.1T JPY 3.3 57.4
SE
Atlas Copco AB
STO:ATCO A
853.8B SEK 5.2 32.3
US
Illinois Tool Works Inc
NYSE:ITW
77.8B USD 5.2 25.2
US
Barnes Group Inc
NYSE:B
68.1B USD 3.7 13
SE
Sandvik AB
STO:SAND
481.8B SEK 4.2 32.5

Market Distribution

In line with most companies in Sweden
Percentile
57th
Based on 1 369 companies
57th percentile
2.8
Low
0 — 1.1
Typical Range
1.1 — 5.1
High
5.1 —
Distribution Statistics
Sweden
Min 0
30th Percentile 1.1
Median 2.1
70th Percentile 5.1
Max 15 188

Troax Group AB (publ)
Glance View

Market Cap
6.7B SEK
Industry
Machinery

In the realm of industrial safety and storage, Troax Group AB (publ) has carved a niche that blends innovation with necessity, establishing itself as a leader in the design and manufacture of steel mesh panel solutions. Founded in 1955 in Sweden, Troax is backed by decades of expertise and a progressive approach to enhancing industrial safety. The company addresses a critical need in various sectors such as warehouse logistics, automated production, and retail environments by providing high-quality, robust mesh panels that secure production processes, equipment, and inventory. These panels form barriers and partitions that safeguard people and assets, serving fields that range from protecting factory workers from automated machinery to securing products in distribution centers. Troax’s business model thrives on the continuous demand for safety solutions across a broad spectrum of industries. The company generates revenue by offering a wide array of customizable products suited to different industrial applications, from machine guarding and warehouse partitioning to property protection. Their solutions are not only anchored in safety but also in efficiency, optimizing storage and operational environments. By emphasizing quality craftsmanship and customer-centric design, Troax ensures a steady flow of repeat business and long-term contracts. Moreover, the company's international presence and the strategic expansion into key markets bolster its revenue streams, reinforcing its status as a global market leader in industrial safety solutions.

TROAX Intrinsic Value
138.32 SEK
Undervaluation 20%
Intrinsic Value
Price kr111
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