L5E.F
Lindab International AB (publ)

Industrials · Building Products & Equipment · valued as of 2026-11-03 · statements 2025-12-31

Average Intrinsic Value

722.35M USD

Market Cap

1.08B USD

Margin of Safety

-49.4%

Intrinsic / Market Ratio

0.67×

Projections, not exact values. Intrinsic Values are projected from each company's past reports. They show which stocks look cheap compared with the others, not exactly what a stock is worth.

How Each Value Is Built

The screener's three formulas on the reported figures. Each card reads the same way: the value as a sum of numbered terms, each term's calculation opened under it, from the reported figures to the value. The list ranks companies by their plain average over the market cap.

EPV + Growth

824.70M USD

what the normal year's earnings are worth for ever, plus growth that pays

Profit

717.00M USD

15 years of cash the shareholders can take out, and the equity left at year 15

FCFF

625.36M USD

15 years of cash for shareholders and lenders, less what is owed

Intrinsic Value

722.35M USD

the plain average of the three, uncapped, as the screener averages them

Intrinsic Value

722.35M USD

from the sum above

Market Cap

1.08B USD

the price on the date above times the shares

Intrinsic Value ÷ Market Cap

0.67×

the ratio the screener ranks by; Margin of Safety -49.4% (1 − Market Cap ÷ Intrinsic Value)

Each card below builds one of the three values from the reported years.

Earnings power value plus growth: 824.70M USD
What the normal year's operating profit after tax is worth if it lasts for ever, plus what the new investment adds beyond its cost, less the net debt that comes before the shareholders (or plus the net cash).
①EPV (earnings power value)1.13B USD
−②Net Debt Today439.31M USD
+③Growth Value138.59M USD
=Value824.70M USD

EPV of the Operations (NOPAT over WACC)

1.13B USD

Net debt today

-439.31M USD

Growth Value

+138.59M USD

Value

824.70M USD

①EPV (earnings power value)

1.13B USD

②Net Debt Today

439.31M USD

③Growth Value

138.59M USD

Market value

Market Cap1.08B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-30.9%

1 minus the market cap as a share of the value.

Profit value: today's value of the shareholders' equity, from the cash it can pay them (FCFE): 717.00M USD
Fifteen years of free cash flow to equity (FCFE), each brought to today at the cost of equity, plus the equity at year 15 brought to today.
①Present Value of the 15 Years of FCFE476.78M USD
+②Equity at Year 15, Today240.22M USD
=Value717.00M USD
FCFE: the net income left for the shareholders once the business keeps what next year's growth needsEquity reinvestment: the part of the year's net income kept in the business to grow the next year; below zero, capital the business releases to the shareholdersPresent value of the FCFEColoured bars show the FCFE, grey bars the equity reinvestment. With a positive equity reinvestment the two stacked are the year's normalized income; with a negative one the grey is below zero, capital the business releases, and the normalized income is the FCFE plus that negative amount. Shaded, years 6 to 10: the growth falling to its long-run rate and the ROE on new investment rising to the cost of equity. Axes linear.

①Present Value of the 15 Years of FCFE

476.78M USD

②Equity at Year 15, Today

240.22M USD

Market value

Market Cap1.08B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-50.5%

1 minus the market cap as a share of the value.

FCFF value: today's value of the shareholders' equity, from the cash the firm can pay its shareholders and lenders (FCFF): 625.36M USD
Fifteen years of free cash flow to the firm (FCFF), each brought to today at the WACC, plus the invested capital at year 15 brought to today, less the net debt today (or plus the net cash).
①Present Value of the 15 Years of FCFF779.77M USD
+②Invested Capital at Year 15, Today284.91M USD
−③Net Debt Today439.31M USD
=Value625.36M USD
FCFF: the NOPAT left for the shareholders and the lenders once the business reinvests what next year's growth needsReinvestment: the part of the year's NOPAT put back into the business to grow the next year; below zero, capital the business releasesPresent value of the FCFFColoured bars show the FCFF, grey bars the reinvestment. With a positive reinvestment the two stacked are the year's NOPAT; with a negative one the grey is below zero, capital the business releases, and the NOPAT is the FCFF plus that negative amount. Shaded, years 6 to 10: the growth rising to its long-run rate and the ROIC on new investment rising to the WACC. Axes linear.

①Present Value of the 15 Years of FCFF

779.77M USD

②Invested Capital at Year 15, Today

284.91M USD

③Net Debt Today

439.31M USD

Market value

Market Cap1.08B USD

The price on the date above times the shares.

Value vs market

Margin of Safety-72.6%

1 minus the market cap as a share of the value.

The Rates and the Capital the Values Read

The WACC and the cost of equity each value is discounted at, the book value and the net debt each starts from, and the seven quality metrics, from the same run.

WACC: 8.88%
Cost of Equity =Risk-Free Rate 4.50%+Beta 1.08×Market Risk Premium 6.00%= 10.96%

The yearly return the shareholders require for the risk they carry; it is the rate that brings their future cash to today.

Tax Rate for WACC =Tax Provision 13.93M USDPretax Income 96.67M USD= 14.41%

The tax the interest saves.

Interest Expense =EBIT 121.60M USD−Pretax Income 96.67M USD= 24.93M USD

The interest the company paid: EBIT is the profit before tax plus the interest.

Cost of Debt =Interest Expense 24.93M USDTotal Debt 493.65M USD×(1 − Tax Rate for WACC 14.41%)= 4.32%

What the lenders are paid a year after the tax the interest saves.

Debt Weight =Total Debt 493.65M USDMarket Cap + Total Debt 1.08B USD + 493.65M USD= 31.38%

The part of the capital the lenders put in, at market value.

WACC =Equity Weight 68.62%×Cost of Equity 10.96%+Debt Weight 31.38%×Cost of Debt 4.32%= 8.88%

Weighted average cost of capital: the yearly return the shareholders and the lenders together require, weighted by what each puts in; the rate that brings the firm's future cash to today.

Book value and net debt today
Both from the balance sheet of the newest quarter, 2026-06-30.

Total Assets 1.59B USD − Total Liabilities 839.96M USD = Book Value Today 752.53M USD

Total Debt 493.65M USD − Cash and Short-Term Investments 54.33M USD = Net Debt Today 439.31M USD

The book value is what Profit starts from and what stands when a projection is not made; the book value plus the net debt is what FCFF starts from; the net debt comes off Greenwald's and FCFF's values before the shareholders.

Quality metrics
Read beside the value, never a condition for it: every company is valued, and a filter in the list is the reader's choice.
MetricFrom
Share dilutionShares Today ÷ Shares Two Years Back − 10.2%at most 5%passes77,035,932 / 76,851,982
Accrual quality(Operating Cash Flow − Net Income) ÷ Total Assets4.0%at least -10.0%passes(146.64M USD − 82.74M USD) ÷ 1.59B USD
Price to bookMarket Cap ÷ Book Value Today1.43×at most 3×passes1.08B USD ÷ 752.53M USD
Operating marginOperating Income ÷ Revenue8.0%above 10.0%does not pass111.26M USD ÷ 1.40B USD
Revenue growthRevenue ÷ Revenue a Year Before − 115.7%above 10.0%passes1.40B USD / 1.21B USD
Net cash(Cash − Total Debt) ÷ Market Cap-40.7%above -30%does not pass(54.33M USD − 493.65M USD) ÷ 1.08B USD
Operating efficiencyOperating Income ÷ Gross Profit28.0%above 25.0%passes111.26M USD ÷ 396.71M USD

Market Data

The provider's ratios and the analysts' consensus beside the argument; none of them enters a value.

Share price

11.63 EUR

Enterprise value

—

the provider's own figure

EV / EBITDA

—

Price / book

0.12×

the provider's book

Price / earnings

14.35×

Return on equity

9.6%

the provider's figure, not this page's

Profit margin

5.4%

Revenue growth

1.6%

Analyst target, mean

—

Analysts

—

opinions in the consensus

Financial Statements

The annual lines the screener holds, year by year, in USD at each period's rate; the figures this valuation read are in its calculation above.

USD2022202320242025
Income statement

Revenue

1.18B1.32B1.21B1.40B

Gross profit

331.17M357.19M335.15M396.71M

Operating income

132.07M121.27M93.71M111.26M

EBITDA

operating income before depreciation and amortisation

172.48M179.80M127.85M194.87M

Pretax income

118.56M101.19M41.86M96.67M

Net income

93.28M85.23M28.60M82.74M

Normalized income

net income without one-off items, as the data provider prints it; Profit's line when printed

94.34M86.83M45.73M75.38M

R&D

5.84M6.83M7.90M9.69M
Balance sheet, year end

Total assets

1.24B1.36B1.40B1.59B

Total liabilities

594.34M634.67M732.87M795.81M

Shareholders' equity

the equity the parent's shareholders own, as printed, without minority interest; the book value the values read is total assets less total liabilities, in Book Value and Net Debt above

646.54M726.52M668.31M796.79M

Total debt

342.18M363.91M428.86M486.42M

Cash and equivalents

46.07M58.93M45.31M48.12M

Net PP&E

fixed assets after depreciation

303.59M344.64M322.35M360.78M

Working capital

current assets less current liabilities

281.37M276.58M225.01M237.11M
Cash flow

Operating cash flow

66.18M171.77M130.58M146.64M

Capital expenditure

paid out, so below zero

-34.38M-29.51M-20.79M-36.03M

Depreciation and amortisation

46.07M60.54M61.29M73.27M

Free cash flow

operating cash flow plus capital expenditure

31.80M142.25M109.78M110.61M