Elekta AB Class B
EKTA B: XSTO (SWE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| K$ | LOCK|>mP | LOCK|HZ?zb<$ |
Elekta Earnings: Margin Improvement in Focus
We are maintaining our fair value estimate of SEK 127 for wide-moat Elekta after incorporating recently released first-quarter results. We have also updated our medium-term forecast following the company's recent capital markets day that we attended, which gave us more confidence in the company's software offering. We currently view shares as undervalued.
