Added to YB: 2026-05-01
Pitch date: 2026-04-29
TEQ.ST [bullish]
Teqnion AB (publ)
-0.25%
current return
Author Info
Slow Compounding is an ex buy-side analyst looking for high-quality companies that create high shareholder returns. Investing for the long-term. Sign up for the newsletter.
Company Info
Teqnion AB (publ), a diversified industrial company, provides a range of products in selected niche markets in Sweden, United Kingdom, European Union, Norway, United States, and internationally.
Market Cap
SEK 2.7B
Pitch Price
SEK 158.40
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.55
P/E
28.37
EV/Sales
1.73
Sector
Trading Companies and Distributors
Category
value
Teqnion 2026 Q1 Confirmed the Thesis
TEQ.ST (increased position): Q1 rev +17%, EBITA +106% YoY to 14.3% margin (highest Q1 ever). Organic rev -5.4% but profit improved as mgmt cut unprofitable sales. New segment reporting shows TEQ Nord recovering (EBITA +143%, margin 5.0%→11.6%) after self-inflicted operational issues now being fixed. TEQ Väst remains high-quality at 26.4% margin. Cambs acquisition at 4.1x EBITA (2.7x on cash paid) w/ 23% margins exemplifies strong M&A. Trading ~9x run-rate EBITDA vs improving ops & capital deployment runway.
Read full article (8 min)