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 15, 2025

Oldest updated estimate: June 16, 2025

Number of contributors: 7

Analysts: 7

Coverage: 7/7

Mean target price: 141.00 SEK (+34.29% 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
3,027
3,204
Net sales growth (%)
103
111
89
Organic growth (%)
9
6
3
Adjusted EBITDA
640
700
746
Adjusted EBITDA margin (%)
22
23
23
EBITDA
596
693
739
Operating profit (EBIT)
222
275
325
Net profit
-61
98
153
Earnings per share (SEK)
-0.52
0.84
1.27
MSEK, unless otherwise specified
2024
2025E
2026E
2027E
Net sales
6,015
11,741
12,499
12,951
Net sales growth (%)
3
95
6
4
Organic growth (%)
-1
5
4
3
Adjusted EBITDA
1,666
2,713
3,056
3,245
Adjusted EBITDA margin (%)
28
23
24
25
EBITDA
1,476
2,673
3,033
3,229
Operating profit (EBIT)
901
1,174
1,564
1,750
Net profit
-210
447
770
937
Earnings per share (SEK)
-1.74
4.39
7.05
8.50