MilDef Group AB
Research MilDef Group AB (MILDEF) on Bullrun: valuation model: 20.7% overvalued, market cap SEK 11.23B, P/E 41.7, dividend yield 0.3%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerMILDEF
- ExchangeST
- CountrySweden
- SectorIndustrials
- IndustryAerospace & Defense
- CurrencySEK
- Valuation signal20.7% overvalued
- Market capSEK 11.23B
- P/E41.7
- Dividend yield0.3%
- Financial periodQ2 2026
- RevenueSEK 630.40M
- Net incomeSEK 56.70M
- Free cash flowSEK 8.30M
- Gross margin51.9%
Valuation Snapshot
Bullrun's latest valuation model marks MilDef Group AB as 20.7% overvalued; latest market cap is SEK 11.23B; P/E is 41.7; dividend yield is 0.3%.
Peer valuation comparison
Latest P/E is 41.68x versus a Industrials sector median of 21.2x (96.6% above).
Latest dividend yield is 0.34% versus a Industrials sector median of 2.27% (85.0% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | SEK 2.05B | SEK 148.00M | n/a | 45.0% | n/a | SEK 148.60M | SEK 772.80M | SEK 1.52B |
| FY2024 | SEK 1.20B | -SEK 220.30M | SEK 133.70M | 49.0% | -5.37 | SEK 530.40M | SEK 220.40M | SEK 1.10B |
| FY2023 | SEK 1.15B | SEK 69.00M | SEK 40.60M | 48.3% | 1.71 | SEK 81.50M | n/a | SEK 844.60M |
| FY2022 | SEK 738.80M | SEK 14.20M | -SEK 81.60M | 47.7% | 0.37 | SEK 59.90M | n/a | SEK 787.90M |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-03 | SEK 11.23B | 41.7 | 0.3% | 0.75 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.75 SEK, yield 0.3%.
| Year | Dividends/share |
|---|---|
| FY2024 | 0.5 SEK |
| FY2022 | 0.75 SEK |
About MilDef Group AB
MilDef Group AB (publ), together with its subsidiaries, develops, manufactures, and sells rugged IT solutions in Sweden, Norway, Finland, Denmark, the United Kingdom, Germany, Switzerland, the United States, Australia, and internationally. The company offers IT equipment, rugged computers, KVM, switches, routers, power distribution, customer projects, and accessories; laptops, tablets, and handhelds; intelligent displays; special electronics; concept products; and fiber optic and keyboards.
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Frequently asked questions
Is MilDef Group AB overvalued or undervalued?
Bullrun's valuation model currently marks MilDef Group AB as 20.7% overvalued.
What is MilDef Group AB's market cap?
MilDef Group AB's market capitalization is SEK 11.23B.
What is MilDef Group AB's P/E ratio?
MilDef Group AB's price-to-earnings (P/E) ratio is 41.7.
Does MilDef Group AB pay a dividend?
MilDef Group AB has a dividend yield of 0.3%.
What does MilDef Group AB do?
MilDef Group AB (publ), together with its subsidiaries, develops, manufactures, and sells rugged IT solutions in Sweden, Norway, Finland, Denmark, the United Kingdom, Germany, Switzerland, the United States, Australia, and internationally. The company offers IT equipment, rugged computers, KVM, switches, routers, power distribution, customer projects, and accessories; laptops, tablets, and handhelds; intelligent displays; special electronics; concept products; and fiber optic and keyboards.