Analysts & estimates

Estimates are provided by Modular Finance and are based on projections from analysts who follow MTG. MTG does not by providing this information imply its endorsement of, or concurrence with, such information, conclusions or recommendations.

Last updated estimate: July 21, 2025

Oldest updated estimate: July 14, 2025

Number of contributors: 7

Analysts: 7

Coverage: 7/7

Mean target price: 138.14 SEK (+37.05% vs stock price)

Analysts

Company
Name
ABG Sundal Collier
Simon Jönsson
DNB Carnegie
Martin Arnell
Danske Bank Markets
Jacob Edler
Handelsbanken Capital Markets
Jesper Stugemo
Kepler Cheuvreux
Rasmus Engberg
Nordea Markets
Viktor Lindström
Trigon
Grzegorz Balcerski

Net sales, Estimates

Quarterly
Yearly
A = Actual, E = Estimates
A = Actual, E = Estimates

Adjusted EBITDA, estimates

Quarterly
Yearly
A = Actual, E = Estimates
A = Actual, E = Estimates

Key financials, estimates

Quarterly Estimates
Yearly estimate
MSEK, unless otherwise specified
Q2 2025
Q3 2025E
Q4 2025E
Net sales
2,911
2,950
3,172
Net sales growth (%)
103
105
87
Organic growth (%)
9
5
3
Adjusted EBITDA
640
666
757
Adjusted EBITDA margin (%)
22
23
24
EBITDA
596
659
750
Operating profit (EBIT)
222
279
374
Net profit
-61
101
202
Earnings per share (SEK)
-0.52
0.88
1.60
MSEK, unless otherwise specified
2024
2025E
2026E
2027E
Net sales
6,015
11,617
12,442
12,890
Net sales growth (%)
3
93
7
4
Organic growth (%)
-1
6
4
3
Adjusted EBITDA
1,666
2,671
2,995
3,178
Adjusted EBITDA margin (%)
28
23
24
25
EBITDA
1,476
2,600
2,966
3,156
Operating profit (EBIT)
901
1,180
1,506
1,688
Net profit
-210
339
716
896
Earnings per share (SEK)
-1.74
3.40
6.44
7.93