AAK AB
Research AAK AB (AAK) on Bullrun: valuation model: 37.5% undervalued, market cap SEK 47.80B, P/E 13.3, dividend yield 5.0%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerAAK
- ExchangeST
- CountrySweden
- SectorConsumer Defensive
- IndustryPackaged Foods
- CurrencySEK
- Valuation signal37.5% undervalued
- Market capSEK 47.80B
- P/E13.3
- Dividend yield5.0%
- Financial periodQ2 2026
- RevenueSEK 11.20B
- Net incomeSEK 803.00M
- Free cash flowSEK 682.00M
- Gross margin26.2%
Valuation Snapshot
Bullrun's latest valuation model marks AAK AB as 37.5% undervalued; latest market cap is SEK 47.80B; P/E is 13.3; dividend yield is 5.0%.
Peer valuation comparison
Latest P/E is 13.28x versus a Consumer Defensive sector median of 17.24x (23.0% below).
Latest dividend yield is 4.97% versus a Consumer Defensive sector median of 3.01% (65.4% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | SEK 46.09B | SEK 3.43B | n/a | 26.4% | n/a | SEK 1.57B | SEK 4.94B | SEK 19.90B |
| FY2024 | SEK 45.05B | SEK 3.54B | SEK 1.15B | 98.3% | 13.57 | SEK 1.91B | SEK 3.57B | SEK 20.09B |
| FY2023 | SEK 46.03B | SEK 2.95B | SEK 4.11B | 98.2% | 11.35 | SEK 1.50B | n/a | SEK 17.12B |
| FY2022 | SEK 50.43B | SEK 1.78B | -SEK 1.29B | 97.8% | 6.84 | SEK 1.52B | n/a | SEK 15.08B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-09-30 | SEK 47.80B | 13.3 | 3.0% | 5.5 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 5.5 SEK, yield 5.0%.
| Year | Dividends/share |
|---|---|
| FY2024 | 3.7 SEK |
| FY2023 | 2.75 SEK |
| FY2022 | 2.5 SEK |
About AAK AB
AAK AB (publ.) develops and sells plant-based oils and fats in Sweden and internationally. It operates through Food Ingredients, Chocolate & Confectionery Fats, and Technical Products & Feed segments. The company offers food ingredients for chocolate and confectionery; dairy and ice cream; bakery; lecithin; special nutrition; foodservice and retail; personal care; candles; technical products; and animal nutrition. It also provides natural emulsifiers; fatty acids; plant-based candle waxes;
Related stock research
Other Consumer Defensive stocks
Frequently asked questions
Is AAK AB overvalued or undervalued?
Bullrun's valuation model currently marks AAK AB as 37.5% undervalued.
What is AAK AB's market cap?
AAK AB's market capitalization is SEK 47.80B.
What is AAK AB's P/E ratio?
AAK AB's price-to-earnings (P/E) ratio is 13.3.
Does AAK AB pay a dividend?
AAK AB has a dividend yield of 5.0%.
What does AAK AB do?
AAK AB (publ.) develops and sells plant-based oils and fats in Sweden and internationally. It operates through Food Ingredients, Chocolate & Confectionery Fats, and Technical Products & Feed segments. The company offers food ingredients for chocolate and confectionery; dairy and ice cream; bakery; lecithin; special nutrition; foodservice and retail; personal care; candles; technical products; and animal nutrition. It also provides natural emulsifiers; fatty acids; plant-based candle waxes; and animal feed, proteins, and fats products.