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Why Nederman Holding stock moves

Nederman Holding fell clearly, more than the market.

Written after the close on ·

Why today

16,413 news analyzed today

Nederman Holding fell clearly, more than the market.

The trading day's news was a free dust-testing offer, which is unlikely to explain a fall.

No company news clearly explains the move.

Over the last five trading days, the shares rose clearly while OMX Stockholm 30 rose only slightly.

Trading was around its usual level.

Today's move of −1.80% was 2.5 times a normal day's 0.7%. OMX Stockholm 30 moved −0.32% on the same day.

Nederman Holding −1.80%OMX Stockholm 30 −0.32%A little weaker than the market

Earlier days →

See the chart in ChartCompass, with every move explained →

What analysts expect, and how often they have been right

Analysts’ estimates for Nederman Holding.

Nederman Holding earned more than expected in 0 out of 2 reports.

The share moved in the same direction as the earnings surprise in 1 out of 2 reports with a measured move, against about 63% of reports from Nordic companies.

Ratings

Now
Buy 1Hold 0Sell 0

A rating is the analyst’s own opinion about the share.

Price targets

Latest price 143.00 SEK

Price targets
160

One analyst’s target is 160.00 SEK, +12% relative to the latest price of 143.00 SEK. A target is the analyst’s estimate of a future share price.

Earnings against expectations, and the share’s reaction

Earnings against expectations, and the share’s reaction1.21.51.72.02.32026-07-16: 1.31; Expected EPS: 1.4416/7’26−1.2%2026-10-21: 1.68; Expected EPS: 1.7821/10’26+1.8%Next reported quarter: expected earnings per share of 2.15.→12/02

Expected EPSAbove estimateBelow estimateAs expectedSEK

Percentages below show the share’s report-day move; labels are report dates.

Next reported quarter: expected earnings per share of 2.15 SEK (February 12). For the current fiscal year, expected earnings per share changed from 7.52 SEK three months ago to 7.31 SEK now. 2026 estimate: 7.31 SEK. 2027 estimate: 9.75 SEK. One analyst made these estimates. People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor. June 10: Buy about 245 thousand SEK. June 9: Buy about 5 thousand SEK. May 26: Buy about 240 thousand SEK. May 26: Buy about 276 thousand SEK. May 7: Buy about 180 thousand SEK.

Has the share price followed the business?

Price and earnings moved in the same direction: 3 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed −22% and earnings per share −21%.

Revenue, profit and market cap

Revenue, profit and market cap (bn SEK)0.02.85.68.42022: 5.182022: 0.3320222023: 6.192023: 0.3420232024: 5.902024: 0.3520242025: 5.782025: 0.272025Now2026: 5.6120262027: 6.1020272022: 6.056.12023: 6.306.32024: 7.627.62025: 5.966.0Now: 5.015.0

RevenueProfitMarket capHatched bars: analysts’ estimates.bn SEK

Market cap is 0.9 times 2025 revenue, against 1.2 in 2022. Profit in 2025: 274 m SEK.

Assets, liabilities and market cap

Assets, liabilities and market cap (bn SEK)0.02.85.68.42022: 6.222022: 4.0320222023: 6.422023: 4.0520232024: 7.252024: 4.5320242025: 6.792025: 4.272025Now2022: 6.056.12023: 6.306.32024: 7.627.62025: 5.966.0Now: 5.015.0

AssetsLiabilitiesMarket capbn SEK

Assets minus liabilities leave 2.5 bn SEK for shareholders. Market cap is 2.0 times that equity.

Price and earnings moved in the same direction: 3 out of 3 years.Market cap (Now): 5.0 bn SEKRevenue 2025: 5.8 bn SEK

What the key figures say about Nederman Holding

The figures connect what Nederman Holding earns with what investors pay.

The line shows the share price in the same year, on its own scale. Hatched bars: analysts’ estimates.

Earnings per share6.39 SEK
NowEarnings per share2022: 9.37222023: 9.71232024: 9.83242025: 7.80252026: 7.31262027: 9.75272022: 172.402023: 179.502024: 217.002025: 169.60

Profit divided by the number of shares. Each share represents this much of the earnings.

2022–2025: 7.80 SEK–9.83 SEK. Peers: NEL -0.73 NOK, Xano Industri 1.77 SEK, Alimak Group 5.33 SEK. 2026 estimate: 7.31 SEK (7.31 SEK–7.31 SEK). 2027 estimate: 9.75 SEK (9.75 SEK–9.75 SEK).

Revenue5.5 bn SEK
NowRevenue2022: 5,178,900,000.00222023: 6,187,800,000.00232024: 5,899,900,000.00242025: 5,782,800,000.00252026: 5,611,000,000.00262027: 6,099,000,000.00272022: 172.402023: 179.502024: 217.002025: 169.60

What the company sold during the year.

2022–2025: 5.2 bn SEK–6.2 bn SEK. Peers: NEL 744 m NOK, Xano Industri 3.3 bn SEK, Alimak Group 6.9 bn SEK. 2026 estimate: 5.6 bn SEK (5.6 bn SEK–5.6 bn SEK). 2027 estimate: 6.1 bn SEK (6.1 bn SEK–6.1 bn SEK).

Operating margin7.5%
NowOperating margin2022: 9.33222023: 10.32232024: 9.95242025: 8.92252022: 172.402023: 179.502024: 217.002025: 169.60

The percentage of revenue left after the costs of running the business.

2022–2025: 8.9%–10.3%. Peers: NEL −202.7%, Xano Industri 6.2%, Alimak Group 13.7%.

Return on equity8.6%
NowReturn on equity2022: 15.03222023: 14.37232024: 12.70242025: 10.90252022: 172.402023: 179.502024: 217.002025: 169.60

Profit as a percentage of shareholders’ money in the company.

2022–2025: 10.9%–15.0%. Peers: NEL −32.6%, Xano Industri 5.5%, Alimak Group 7.6%.

P/E22.4
NowP/E2022: 18.40222023: 18.49232024: 22.08242025: 21.74252026: 19.56262027: 14.6727

The price investors pay for each unit of annual earnings per share. Not shown for a loss.

2022–2025: 18.4–22.1. Peers: Xano Industri 23.5, Alimak Group 22.5. 2026 estimate: 19.6. 2027 estimate: 14.7.

Market cap per unit of revenue (P/S)0.90
NowMarket cap per unit of revenue (P/S)2022: 1.17222023: 1.02232024: 1.29242025: 1.03252026: 0.89262027: 0.8227

What investors pay for each unit the company sells.

2022–2025: 1.02–1.29. Peers: NEL 4.90, Xano Industri 0.75, Alimak Group 1.84. 2026 estimate: 0.89. 2027 estimate: 0.82.

Dividend per share4.00 SEK
NowDividend per share2017: 1.83172018: 2.00182019: 2.30192020: 0.00202021: 1.00212022: 3.50222023: 3.75232024: 3.95242025: 4.0025

Money paid to shareholders per share, summed by calendar year.

2017–2025: 0.00 SEK–4.00 SEK.

Dividend yield2.8%
NowDividend yield2022: 2.03222023: 2.09232024: 1.82242025: 2.3625

The ordinary yearly dividend as a percentage of the share price.

2022–2025: 1.8%–2.4%. Peers: NEL 0.0%, Xano Industri 2.4%, Alimak Group 2.8%.

Net debt / EBITDA3.88
NowNet debt / EBITDA2022: 2.00222023: 1.51232024: 1.84242025: 2.2525

Net debt divided by operating earnings before depreciation and amortisation.

2022–2025: 1.51–2.25. Peers: Xano Industri 2.57, Alimak Group 3.16.

More key figures
Market cap / equity (P/B)1.84
NowMarket cap / equity (P/B)2022: 2.77222023: 2.66232024: 2.80242025: 2.3725

Market cap divided by shareholders’ equity, what remains after liabilities.

2022–2025: 2.37–2.80. Peers: NEL 1.06, Xano Industri 1.27, Alimak Group 1.64.

EV / EBIT15.1
2025EV / EBIT2022: 14.83222023: 12.56232024: 14.79242025: 15.1125

Market cap plus net debt, divided by operating earnings. This includes debt.

2022–2025: 12.6–15.1.

Free cash flow per share5.38 SEK
NowFree cash flow per share2022: 4.98222023: 10.84232024: 9.43242025: 4.43252022: 172.402023: 179.502024: 217.002025: 169.60

Cash left after investments, divided by the number of shares.

2022–2025: 4.43 SEK–10.84 SEK. Peers: NEL -0.35 NOK, Xano Industri 3.49 SEK, Alimak Group 6.26 SEK.

Equity ratio37.0%
2025Equity ratio2022: 35.15222023: 36.93232024: 37.48242025: 37.0325

The percentage of assets financed by shareholders’ equity.

2022–2025: 35.2%–37.5%.

The dividend explained

A dividend is money paid to shareholders. Nederman Holding paid 4.00 SEK per share in the twelve months through November 5, 2026.

On the ex-dividend day, April 22, 2026, Nederman Holding traded without the right to the 4.00 SEK dividend. The price went from 130.80 SEK to 124.60 SEK; including the dividend, the day's change was −1.7%. Entitlement passes from the company to shareholders on the ex-day; payment comes later.

2017: 1.83 SEK2018: 2.00 SEK2019: 2.30 SEK2020: 0.00 SEK2021: 1.00 SEK2022: 3.50 SEK2023: 3.75 SEK2024: 3.95 SEK2025: 4.00 SEK2026 so far: 4.00 SEK

What to watch next, and why

The earnings report shows how Nederman Holding's revenue and profit have changed.

  • Earnings report

    The earnings report shows how Nederman Holding's revenue and profit have changed.

    Add to calendar
More about Nederman Holding

Insider trades

People on the board and in management must report their trades in the share to Finansinspektionen, Sweden's financial supervisor.

  • Joakim Ryrstedt, senior executiveBuyabout 245 thousand SEK
  • Joakim Ryrstedt, senior executiveBuyabout 5 thousand SEK
  • Hans Dahlén, senior executiveBuyabout 240 thousand SEK
  • Joakim Ryrstedt, senior executiveBuyabout 276 thousand SEK
  • Joakim Ryrstedt, senior executiveBuyabout 180 thousand SEK

Earnings report

Next report: · Add to calendar · Google Calendar

Report day2.7%

Normal day0.7%

On its last 15 report days Nederman Holding usually moved about 2.7%. On a normal day it moves 0.7%.

+1.84% Why? −1.23% −6.60% +2.10%

10,000 SEK in Nederman Holding bought on November 7, 2016 is worth 27,200 SEK today, with dividends reinvested.

What would 10,000 SEK in Nederman Holding be worth today? →

What would 10,000 SEK in Nederman Holding be worth today?

27,200 SEK

with dividends reinvested, bought on November 7, 2016.

The five biggest days of the journey

· +14.0% · the whole market rose 1.0% the same day · report day

· +12.4% · the whole market fell 1.1% the same day

· +11.8% · the whole market rose 3.9% the same day

· +11.4% · the whole market rose 0.6% the same day · report day

· +10.6% · the whole market rose 0.5% the same day

Earlier days

  • +3.32% market −0.11% Nederman Holding rose clearly over the week, while the broader market stayed roughly flat. Read →

    Nederman Holding rose clearly over the week, while the broader market stayed roughly flat.

    The shares moved against the market in the last session, edging up while the OMX Stockholm 30 index fell clearly.

    The next earnings report, the company's quarterly results, is due on 12 February 2027.

  • +3.00% market +0.83% Nederman Holding rose sharply without a company-news explanation. Read →

    Nederman Holding rose sharply without a company-news explanation.

    The market rose clearly, so Nederman moved more than the index.

    Over the last five trading days the shares rose sharply, while the Stockholm index rose only slightly.

    Likely drivers are broad buying interest in industrial stocks and a rebound after weaker recent trading.

    Trading volume was well below its usual level, so the move came on thin activity.

  • +0.73% market −0.29% Nederman Holding rose, moving against a falling market. Read →

    Nederman Holding rose, moving against a falling market.

    No company news explains it, and the move was an ordinary day for the stock.

    Over the last five trading days the shares were roughly unchanged while OMX Stockholm 30 rose clearly, so the stock lagged.

    Earnings for the third quarter missed expectations, which likely weighed on sentiment earlier in the week.

    Orders rose strongly, but sales and margins fell.

  • +0.58% market +3.01% Nederman Holding was roughly flat over the last five trading days, moving less than the broader market, which rose clearly. Read →

    Nederman Holding was roughly flat over the last five trading days, moving less than the broader market, which rose clearly.

    The move was ordinary in size, and the stock edged up on the last session while the market slipped.

    The main company news came from the October 21 quarterly report: orders grew strongly, but sales fell and profit margins came under pressure, missing expectations.

    Over the same week, the Industrials sector on Nasdaq Stockholm was up about 2% at the median, so the stock lagged its peers.

  • −0.58% market +0.96% Nederman Holding fell slightly, against a rising market. Read →

    Nederman Holding fell slightly, against a rising market.

    No company news from that session explains the move.

    Over the last five trading days the shares fell clearly while the market was roughly flat.

    The Q3 report last week showed sales down and margins under pressure, though orders rose.

    The shares were trading well below their yearly high, and the move was an ordinary one for the stock.

  • −0.73% market +1.57% Nederman Holding fell, moving against a rising market. Read →

    Nederman Holding fell, moving against a rising market.

    The move was an ordinary-sized day for Nederman Holding, with no fresh company news from that session.

    The fall came after the third-quarter report last week, which showed sales and profit down even as orders rose.

    Over the last five trading days the shares fell clearly, moving more than the market, which dipped slightly.

    Investors likely weighed the lower margins, the share of sales left after costs, from that report.

  • −0.58% market +0.41% Nederman Holding fell slightly without a clear company reason. Read →

    Nederman Holding fell slightly without a clear company reason.

    The stock moved against the market, which rose slightly over the same day.

    The move was ordinary for Nederman, smaller than its normal daily swing.

    Over the last five trading days, the stock fell clearly, though less than the broader Stockholm index.

    The likely backdrop is the Q3 report earlier this week, where earnings missed expectations, with margins under pressure despite strong order intake.

  • −2.41% market −3.67% Nederman Holding fell clearly over the past five trading days, though less than the broader market, which also fell sharply. Read →

    Nederman Holding fell clearly over the past five trading days, though less than the broader market, which also fell sharply.

    The main driver was its third-quarter report, published midweek, where earnings missed expectations as profit and margins shrank on lower sales.

    Investors likely reacted to margin pressure, though strong new orders, up about 12 percent, partly offset the disappointment.

    The next earnings report is due on 12 February 2027.

  • −3.62% market −2.51% Nederman Holding fell very sharply, after weak quarterly earnings came out. Read →

    Nederman Holding fell very sharply, after weak quarterly earnings came out.

    The stock moved in line with the broader Stockholm market, which also fell sharply that day.

    The move was about four times a normal daily swing for the company, and trading was roughly double its usual level.

    The most likely driver is the third-quarter report published the day before.

    Earnings missed expectations, with operating profit falling to SEK 103.5m from SEK 137.9m, while net sales slipped slightly.

  • +1.84% market +0.17% Nederman Holding rose clearly, on its third-quarter report day. Read →

    Nederman Holding rose clearly, on its third-quarter report day.

    The report showed order intake up 11.8 percent, but sales fell and profit margins narrowed, missing expectations.

    Trading volume was about four times normal, so many shares changed hands.

    The market was roughly flat over the same session, so the move was company-specific.

    Investors likely looked past the profit miss toward the strong order growth and a more positive outlook.

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