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Added to YB: 2026-08-14

Pitch date: 2026-08-12

W5.ST [neutral]

W5 Solutions AB (publ)

-5.05%

current return

Author Info

Quartz Sea Research is a team of European financial professionals sharing institutional-grade coverage within the European investment universe. Sign up for the newsletter.

Company Info

W5 Solutions AB (publ) develops and delivers systems and solutions for the defense and civil protection sectors in Sweden.

Market Cap

SEK 746.2M

Pitch Price

SEK 37.60

Price Target

50.00 (+40%)

Dividend

N/A

EV/EBITDA

16.55

P/E

175.15

EV/Sales

1.60

Sector

Aerospace and Defense

Category

turnaround

Show full summary:
W5 Solutions - Q2 2026 Earnings Update

W5.ST (downgrade): QuartzSea downgrades Buy to Hold, PT SEK50 (31% upside from SEK38.15). Q2 net sales +105% YoY (66% organic); SEK700mn Swedish Armed Forces framework signed. But gross margins collapsed into red on raw material costs, component lead-times, ramp friction. KT-Shelter fully consolidated, working capital stretched. Must convert volume to cash flow next 6mo before balance sheet fractures.

Read full article (2 min)