TREL-B Stock Analysis: Trelleborg (publ) | ST
Specialty Industrial Machinery | ST, Sweden | Market Cap: 93.275m SEK | 12M Return: 19.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 103M
EPS Trend: 71.1%
Qual. Beats: 0
Rev. Trend: 57.1%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Trelleborg AB is a Swedish manufacturer of engineered polymer solutions, founded in 1905 and headquartered in Trelleborg. The company produces a broad range of rubber- and polymer-based components, including seals, anti-vibration products, bearings, bridge expansion joints, coated fabrics, hoses, ship fenders, and wear protection solutions. Its products are sold on a business-to-business basis to customers across aerospace, agriculture, automotive, construction, mining, marine equipment, healthcare, oil and gas, rail, and general industrial manufacturing.
The business model is built on supplying specialized material inputs and components to industrial OEMs and infrastructure projects, with revenue diversified across multiple end-markets to reduce dependence on any single industry cycle. As an industrial machinery and components company, Trelleborg competes in the global engineered polymers segment, where technical specification, durability, and certification requirements for harsh-environment applications (such as offshore, rail, and aerospace) typically support long-term customer relationships.
- Automotive OEM production volumes drive antivibration and boot demand
- Marine and offshore oil and gas project awards boost order book
- Acquisitions and pricing actions offset raw material cost inflation
| Net Income: 3.79b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.92 > 1.0 |
| NWC/Revenue: 11.24% < 20% (prev 12.34%; Δ -1.10% < -1%) |
| CFO/TA 0.09 > 3% & CFO 5.27b > Net Income 3.79b |
| Net Debt (11.4b) to EBITDA (7.75b): 1.47 < 3 |
| Current Ratio: 1.27 > 1.5 & < 3 |
| Outstanding Shares: last quarter (223.3m) vs 12m ago -2.36% < -2% |
| Gross Margin: 37.79% > 18% (prev 36.91%; Δ 0.88% > 0.5%) |
| Asset Turnover: 58.67% > 50% (prev 60.10%; Δ -1.42% > 0%) |
| Interest Coverage Ratio: 11.32 > 6 (EBIT TTM 5.73b / Interest Expense TTM 506.0m) |
| A: 0.06 (Total Current Assets 18.3b - Total Current Liabilities 14.4b) / Total Assets 60.6b |
| B: 0.51 (Retained Earnings 31.1b / Total Assets 60.6b) |
| C: 0.10 (EBIT TTM 5.73b / Avg Total Assets 59.1b) |
| D: 1.63 (Book Value of Equity 37.5b / Total Liabilities 23.1b) |
| Altman-Z'' = 4.46 = AA |
| DSRI: 0.99 (Receivables 8.58b/8.66b, Revenue 34.7b/34.6b) |
| GMI: 0.98 (GM 36.91% / 37.79%) |
| AQI: 0.97 (AQ_t 0.51 / AQ_t-1 0.53) |
| SGI: 1.00 (Revenue 34.7b / 34.6b) |
| TATA: -0.02 (NI 3.79b - CFO 5.27b) / TA 60.6b) |
| Beneish M = -3.07 (Cap -4..+1) = AA |
As of July 28, 2026, the stock is trading at SEK 422.00 with a total of 255,977 shares traded. Over the past week, the price has changed by +3.28%, over one month by +2.83%, over three months by +9.67% and over the past year by +19.93%.
Current recommended Stop Loss: 408.70 (which is 3.2% or 1.4 ATR below the current price).
Trelleborg (publ) has no consensus analysts rating.
P/E Trailing = 24.8812
P/E Forward = 20.7469
P/S = 2.6897
P/B = 2.4521
P/EG = 1.4421
Revenue TTM = 34.7b SEK
EBIT TTM = 5.73b SEK
EBITDA TTM = 7.75b SEK
Long Term Debt = 3.96b SEK (from longTermDebt, last fiscal year)
Short Term Debt = 5.77b SEK (from shortTermDebt, last quarter)
Debt = 13.7b SEK (from shortLongTermDebtTotal, last quarter) + Leases 1.68b
Net Debt = 11.4b SEK (calculated: Debt 13.7b - CCE 2.33b)
Enterprise Value = 105b SEK (93.3b + Debt 13.7b - CCE 2.33b)
Interest Coverage Ratio = 11.32 (Ebit TTM 5.73b / Interest Expense TTM 506.0m)
EV/FCF = 26.71x (Enterprise Value 105b / FCF TTM 3.92b)
FCF Yield = 3.74% (FCF TTM 3.92b / Enterprise Value 105b)
FCF Margin = 11.30% (FCF TTM 3.92b / Revenue TTM 34.7b)
Net Margin = 10.93% (Net Income TTM 3.79b / Revenue TTM 34.7b)
Gross Margin = 37.79% ((Revenue TTM 34.7b - Cost of Revenue TTM 21.6b) / Revenue TTM)
Gross Margin QoQ = 38.47% (prev 37.78%)
Tobins Q-Ratio = 1.73 (Enterprise Value 105b / Total Assets 60.6b)
Interest Expense / Debt = 3.68% (Interest Expense 506.0m / Debt 13.7b)
Taxrate = 25.10% (1.27b / 5.06b)
NOPAT = 4.29b (EBIT 5.73b * (1 - 25.10%))
Current Ratio = 1.27 (Total Current Assets 18.3b / Total Current Liabilities 14.4b)
Debt / Equity = 0.37 (Debt 13.7b / totalStockholderEquity, last quarter 37.5b)
Debt / EBITDA = 1.47 (Net Debt 11.4b / EBITDA 7.75b)
Debt / FCF = 2.91 (Net Debt 11.4b / FCF TTM 3.92b)
Total Stockholder Equity = 37.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.42% (Net Income 3.79b / Total Assets 60.6b)
RoE = 10.20% (Net Income TTM 3.79b / Total Stockholder Equity 37.2b)
RoCE = 13.92% (EBIT 5.73b / Capital Employed (Equity 37.2b + L.T.Debt 3.96b))
RoIC = 8.54% (NOPAT 4.29b / Invested Capital 50.2b)
WACC = 8.34% (E(93.3b)/V(107b) * Re(9.16%) + D(13.7b)/V(107b) * Rd(3.68%) * (1-Tc(0.25)))
Discount Rate = 9.16% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -98.79 | Cagr: -3.39%
[DCF] Terminal Value 77.97% ; FCFF base≈3.63b ; Y1≈4.16b ; Y5≈6.13b
[DCF] Fair Price = 416.2 (EV 92.2b - Net Debt 11.4b = Equity 80.8b / Shares 194.1m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 71.09 | EPS CAGR: 2.40% | SUE: 0.24 | # QB: 0
Revenue Correlation: 57.09 | Revenue CAGR: 0.70% | SUE: 0.47 | # QB: 0
EPS current Quarter (2026-09-30): EPS=5.07 | Chg30d=+2.95% | Revisions=+50% | Analysts=5
EPS current Year (2026-12-31): EPS=20.47 | Chg30d=+3.09% | Revisions=+29% | GrowthEPS=+19.8% | GrowthRev=+5.9%
EPS next Year (2027-12-31): EPS=23.45 | Chg30d=+4.73% | Revisions=+29% | GrowthEPS=+14.6% | GrowthRev=+6.6%
[Analyst] Revisions Ratio: +50% (up=9, down=2)