Added to YB: 2026-09-01
Pitch date: 2026-08-30
MTRS.ST [bullish]
Munters Group AB (publ)
-1.41%
current return
Author Info
No bio for this author
Company Info
Munters Group AB (publ) provides climate solutions in the Americas, Europe, the Middle East, Africa, and Asia-pacific.
Market Cap
SEK 30.9B
Pitch Price
SEK 170.35
Price Target
330.00 (+96%)
Dividend
0.95%
EV/EBITDA
20.09
P/E
60.75
EV/Sales
2.53
Sector
Building Products
Category
growth
Munters: The Cooling Stock That’s Only Priced Through 2027
MTRS.ST: Munters’ facility-side data-center cooling platform is valued as if growth ends with its backlog, despite DCT orders rising 246% and backlog 216% to SEK19.2bn in Q2 2026. Localized U.S. production and factory absorption underpin a margin recovery, while broader integrated-system awards support growth beyond 2027. The probability-weighted FY29 target is SEK330 versus SEK170, with key risks including a reversion to CRAH-only awards, persistently sub-1.5x book-to-bill, or failed repeat hyperscaler qualification.
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