Nederman Holding AB
Research Nederman Holding AB (NMAN) on Bullrun: valuation model: 9.1% undervalued, market cap SEK 4.37B, P/E 17.8, dividend yield 2.9%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerNMAN
- ExchangeST
- CountrySweden
- SectorIndustrials
- IndustrySpecialty Industrial Machinery
- CurrencySEK
- Valuation signal9.1% undervalued
- Market capSEK 4.37B
- P/E17.8
- Dividend yield2.9%
- Financial periodQ2 2026
- RevenueSEK 1.36B
- Net incomeSEK 53.90M
- Free cash flowSEK 21.10M
- Gross margin38.7%
Valuation Snapshot
Bullrun's latest valuation model marks Nederman Holding AB as 9.1% undervalued; latest market cap is SEK 4.37B; P/E is 17.8; dividend yield is 2.9%.
Peer valuation comparison
Latest P/E is 17.83x versus a Industrials sector median of 21.2x (15.9% below).
Latest dividend yield is 2.91% versus a Industrials sector median of 2.27% (28.2% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | SEK 5.78B | SEK 273.90M | n/a | 39.7% | n/a | SEK 667.50M | SEK 2.48B | SEK 2.51B |
| FY2024 | SEK 5.90B | SEK 345.20M | SEK 434.50M | 39.4% | 9.83 | SEK 825.20M | SEK 1.89B | SEK 2.72B |
| FY2023 | SEK 6.19B | SEK 340.90M | SEK 472.40M | 36.3% | 9.71 | SEK 815.20M | SEK 1.92B | SEK 2.37B |
| FY2022 | SEK 5.18B | SEK 328.70M | SEK 275.00M | 36.1% | 9.37 | SEK 721.20M | SEK 1.93B | SEK 2.19B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-03 | SEK 4.37B | 17.8 | 3.2% | 4 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 4 SEK, yield 2.9%.
| Year | Dividends/share |
|---|---|
| FY2024 | 3.95 SEK |
| FY2023 | 3.75 SEK |
| FY2022 | 3.5 SEK |
About Nederman Holding AB
Nederman Holding AB (publ), together with its subsidiaries, operates as an environmental technology company. It operates through Extraction and Filtration Technology; Process Technology; Duct and Filter Technology; and Monitoring and Control Technology segments. The company develops and sells a range of filters and monitoring services, capturing devices, fans, and high-vacuum products and reels to distribute liquids and compressed air. It also develops and offers filter solutions;
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Frequently asked questions
Is Nederman Holding AB overvalued or undervalued?
Bullrun's valuation model currently marks Nederman Holding AB as 9.1% undervalued.
What is Nederman Holding AB's market cap?
Nederman Holding AB's market capitalization is SEK 4.37B.
What is Nederman Holding AB's P/E ratio?
Nederman Holding AB's price-to-earnings (P/E) ratio is 17.8.
Does Nederman Holding AB pay a dividend?
Nederman Holding AB has a dividend yield of 2.9%.
What does Nederman Holding AB do?
Nederman Holding AB (publ), together with its subsidiaries, operates as an environmental technology company. It operates through Extraction and Filtration Technology; Process Technology; Duct and Filter Technology; and Monitoring and Control Technology segments. The company develops and sells a range of filters and monitoring services, capturing devices, fans, and high-vacuum products and reels to distribute liquids and compressed air.