Saab AB Class B SAAB B

Morningstar Rating
SEK 599.70 +14.40 (2.46%)
View Full Chart

Company Report

Saab: Capacity Expansion Supports Record Defense Backlog Conversion

With approximately 95% of its revenue from the defense sector, Saab is well positioned to capitalize on the expected increase in European core defense budgets to 3.5% of gross domestic product. This increase, coupled with EU initiatives to enhance defense capabilities through resource pooling and procurement coordination, presents significant growth opportunities for the company. Saab should realize increased demand for its support weapons, sensor systems, airborne early warning, and surface radar systems, with expectations for further growth as European nations replenish their military inventories.

Price vs Fair Value

SAAB B is trading at a LOCK|G?H@p%# premium.
Price
SEK 599.70
Fair Value
Z#J
Uncertainty
LOCK|WQ?#d
1-Star Price
LOCK|Z.jN
5-Star Price
^tB
Economic Moat
LOCK|<B^
Capital Allocation
LOCK|Z>$#!!

Bulls Say, Bears Say

Bulls

Saab is well positioned to capitalize on growth in European defense budgets in the next five years.

Bears

Saab's sales depend on military funding, where contracts are awarded in an inherently political and uncertain process.

Trading Information

Previous Close Price
SEK 585.30
Day Range
SEK 581.40–599.70
52-Week Range
SEK 445.10–748.80
Bid/Ask
SEK 597.10 / SEK 597.40
Shares Outstanding
538.65M
Market Cap
SEK 323.03B
Volume/Avg
797,160 / 1M

Key Statistics

Price/Earnings (Normalized)
40.53
Price/Sales
3.67
Dividend Yield (Trailing)
0.40%
Dividend Yield (Forward)
0.40%
Dividend Payment Schedule
Apr, Oct
Total Yield
0.40%

Company Profile

Saab supplies products and services for military, defense, and civil security. The company operates in four segments: aeronautics, dynamics, surveillance, and Kockums. Aeronautics involves the manufacturing and support of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. Surveillance supplies security services, and creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three fourths of Saab’s sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.
Sector
Industrials
Industry
Aerospace & Defense
Stock Style Box
Large Growth
Total Number of Employees
28,667

Competitors

Valuation

Metric
SAAB B
AM
LDO
Price/Earnings (Normalized)
40.5321.4021.75
Price/Book Value
6.443.312.80
Price/Sales
3.672.511.31
Price/Cash Flow
26.7920.2812.08
Price/Earnings
SAAB B
AM
LDO

Financial Strength

Metric
SAAB B
AM
LDO
Quick Ratio
0.800.430.49
Current Ratio
1.231.050.90
Interest Coverage
16.19208.94271.29
Quick Ratio
SAAB B
AM
LDO

Profitability

Metric
SAAB B
AM
LDO
Return on Assets (Normalized)
5.99%3.55%4.62%
Return on Equity (Normalized)
16.41%18.22%17.06%
Return on Invested Capital (Normalized)
12.90%16.98%17.92%
Return on Assets
SAAB B
AM
LDO

Aerospace & Defense Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Space Exploration Technologies Corp Class A
SPCX
LOCK|JvRXjlftLOCK|HcDx$2T
GE Aerospace
GE
LOCK|nw<mJH>pLOCK|@gc$320B
RTX Corp
RTX
LOCK|CMpJLh&LOCK|Ht<$251B
Airbus SE ADR
EADSY
LOCK|GN%Gb#dLOCK|XM$167B
Rolls-Royce Holdings PLC ADR
RYCEY
LOCK|C?vqKP&LOCK|?!t@z$151B
Boeing Co
BA
LOCK|h&>&FHLOCK|vD<$150B
Lockheed Martin Corp
LMT
LOCK|H&<frp%LOCK|yHR$118B
General Dynamics Corp
GD
LOCK|%&PR$C&CLOCK|C^$90B
BAE Systems PLC ADR
BAESY
LOCK|X>vCvdzLOCK|%#k$72B
Northrop Grumman Corp
NOC
LOCK|p@kyR!>LOCK|$@@$68B

Sponsor Center