HUSQ-B.ST

Husqvarna AB

Husqvarna AB (publ) produces and sells outdoor power products, watering products, and lawn care power equipment. It operates through three segments: Husqvarna Forest & Garden; Gardena; and Husqvarna Construction. The Husqvarna Forest & Garden segment offers handheld products, such as chainsaws, bru… Husqvarna AB (publ) produces and sells outdoor power products, watering products, and lawn care power equipment. It operates through three segments: Husqvarna Forest & Garden; Gardena; and Husqvarna Construction. The Husqvarna Forest & Garden segment offers handheld products, such as chainsaws, brush cutters, trimmers, pole saws, tillers and cultivators, scarifiers and dethatchers, pressure and power washers, and leaf blowers; wheeled products, such as front riders and zero-turn mowers; robotic lawn mowers; and accessories and spare parts. The Gardena segment provides residential and smart watering; garden hand tools; electric battery-system gardening tools; and smart garden systems. The Husqvarna Construction segment offers power cutters, floor saws, surface preparation equipment, dust and slurry solutions, diamond tools for construction and stone industries, and demolition robots. The company sells its products and solutions to forestry, tree care, landscaping, commercial lawn, and garden services sectors, as well as home and garden owners, and light construction and stone industries primarily under the Husqvarna, Gardena, Jonsered, Orbit, Flymo, RedMax, Zenoah, and McCulloch brands through dealers and retailers. It operates in Germany, France, Sweden, the United Kingdom, Austria, rest of Europe, the Asia/Pacific, Canada, the United States, Latin America, and internationally. Husqvarna AB (publ) was founded in 1689 and is headquartered in Stockholm, Sweden.
Market price
SEK 33.30
Within modeled range
Base value (Fade DCF (10-year growth fade)) is 12.9% above the market price
Data: Price updated 06 Nov 2026 19:01; TTM through 30 Sep 2026, period ended 30 Sep 2026 from EODHD (downloaded 36 min ago). Next earnings: 03 Feb 2027 (in 89 days)
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Verdict

Priced within the modelled range

PriceSEK 33.30
Fair value range21.73–67.22base 37.61
Estimate reliabilityLow
5-year outlook–

5-year outlook: Not shown because confidence is low: Earnings-based DCF disagrees strongly.

Why: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

Start with the price and fair value range, then review the data dates and assumptions below. Estimates are not predictions or investment advice.

Fade DCF (10-year growth fade)

Market price within modeled range

Showing the Fade DCF (10-year growth fade) you selected on the company card, using 2.65% growth, 2.7% terminal growth and 10% discount. The range varies these assumptions slightly; it is illustrative, not investment advice.

Assumptions: growth 2.65%, discount rate 10%, terminal growth 2.70% (sector defaults). See a worked example.

Blended growth assumption: 2.6% (sector default 6.2%, own revenue history -4.8%, analyst revenue consensus 4.6%).

Analyst consensus expects revenue growth of 4.6% a year; the growth assumption used is 2.7%.

Adjust assumptions

Show the recommended model instead

Why this model: Free cash flow is positive and in line with earnings, and the dividend is small, so a cash-flow DCF fits best.

Compare models
  • Recommended: Free-cash-flow DCF — SEK 37.60 (+12.9%)
  • EPS-based Gordon proxy — SEK 25.15 (-24.5%)
    Not used: Treats all earnings as if paid out and ignores the cash kept for reinvestment, so it overstates value for companies that retain most profit.
  • DCF (trailing free cash flow) — SEK 37.60 (+12.9%)
    Not used: Free cash flow is 2.0x net income, which usually means costs such as lease payments sit outside operating cash flow, so it may be overstated.
  • FCFF (steady state) — SEK 37.71 (+13.2%)
    Not used: Free cash flow is 2.0x net income, which usually means costs such as lease payments sit outside operating cash flow, so it may be overstated.
  • EV/EBITDA (12x) — SEK 104.55 (+214.0%)
    Not used: Used only when free cash flow is far below earnings even after averaging three years; a fixed 12x multiple also ignores sector differences.
  • Fade DCF (10-year growth fade) — SEK 37.61 (+12.9%)
    Not used: Free cash flow is 2.0x net income, which usually means costs such as lease payments sit outside operating cash flow, so it may be overstated.
  • EV/Sales (Rule of 40) — SEK 224.76 (+574.9%)
    Not used: Used only for technology and communication companies whose cash-flow value is far below the price.
Illustrative range / share SEK 21.73–67.22
Base scenario / share SEK 37.61
Margin of safety (share of value) Margin of safety vs base case
Bear SEK 21.73-53.2%
Base SEK 37.6111.5%
Bull SEK 67.2250.5%

Margin = (value − price) / value, so it is measured against the value and reads lower than the upside to value, which is measured against the price. Positive means the price is below that case.

Track record: see the methodology page for how this model has performed historically, including its limits. Treat it as a screen, not a forecast.

Price history and fair value

1 year price change: -22.30% · SEK 33.30 · Market data through 06 Nov 2026 ; dashed line is today’s model base value (SEK 37.61). The fair value is today’s estimate, not what the model said in the past.

Saved price history is current through 06 Nov 2026; last refreshed 06 Nov 2026 18:14 (53 minutes ago).

06 Nov 2025Range SEK 31.50 – 46.5606 Nov 2026

Latest news

Headlines provided by EODHD. Articles may mention multiple companies and are not investment recommendations.

More detail: quality, peers, price history, dividends and financials

Quality score: 70 / 100

Five equal checks on reported history: profitability, cash generation, revenue growth, balance sheet and margins. It describes business quality, not whether the price is attractive.

Profitability5 of 5 years profitable20 / 20
Cash generationfree cash flow positive in 4 of 5 years16 / 20
Growthrevenue -4.6% a year4 / 20
Balance sheetnet debt 1.4x EBITDA20 / 20
MarginsEBITDA margin 13%10 / 20

Peers in Industrials

Same-sector companies with a valuation, most undervalued first. Compare the margin of safety, yield and quality score side by side.

CompanyPriceMargin of safetyP/EP/BYieldQuality
HUSQ-B.ST (this company) SEK 33.30 11.4% 18.5 0.7 3.0% 70
EZJ.L easyJet plc GBP 6.84 74.5% 10.6 1.5 1.7% 78
WAWI.OL Wallenius Wilhelmsen ASA NOK 160.10 64.9% 7.0 2.2 0.3% 100
IAG.L International Consolidated Airlines Group S.A. GBP 4.34 59.3% 8.0 3.4 1.8% 92
TPK.L Travis Perkins plc GBP 6.56 54.6% – 0.8 2.1% 46
DFDS.CO DFDS A/S DKK 152.90 47.4% – 0.6 – 64
SRP.L Serco Group plc GBP 2.81 45.4% 20.0 3.3 1.5% 82
DG.PA VINCI SA EUR 111.60 42.2% 12.9 2.1 4.2% 90
HAFNI.OL Hafnia Limited NOK 87.45 41.9% 7.1 1.8 1.3% 100
Peer median 9.3 1.9

Dividends

Paid in the last 12 months: SEK 1.25 per share · yield 3.75% at the current price.

YearDividends per share
2026 (so far)1.250
20251.000
20243.000
20233.000
20223.000
20212.400
Sector Industrials
Exchange Nasdaq Stockholm
Currency SEK

Trailing 12-month financials

TTM through 30 Sep 2026 · quarterly EODHD data · data downloaded 06 Nov 2026 18:31

RevenueSEK 44,786,000,000
EBITDASEK 5,626,000,000
EBITSEK 2,663,000,000
Net incomeSEK 1,030,000,000
Free cash flowSEK 2,082,000,000
Capital expendituresSEK 1,964,000,000
DebtSEK 13,124,000,000
CashSEK 5,400,000,000
Working capitalSEK 10,823,000,000
Shares outstanding571,876,866