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OEM International AB (OEM-B) Fair Value & Analysis

Industrials · SE · Market cap 25.1B SEK

OI OEM International AB OEM-B · ST
Pricekr 174.20
Fair Valuekr 85.75
Upside-50.8%
Quality67/100
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Healthy Growth
Solidly profitable · 11.8% net margin
Low debt · generates free cash flow
0.98% dividend yield
Mixed vs. peers (8/14)
Wide moat 69/100
Evidence: High Range kr 62.18 – kr 107.11 Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated today

Share price −2.8% over the past month.

A solid business, but screening 51% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 107.11). The favourable scenario is already priced in.
  • Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

kr 183.60 kr 51.15 Fair Value kr 85.75 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range kr 51.15 – kr 183.60 · fair‑value band kr 62.18 – kr 107.11 · the kr 174.20 price screens above the kr 85.75 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

OEM International AB (OEM-B) currently trades at kr 174.20, while our model-based Fair Value estimate is kr 85.75, implying the stock looks roughly 50.8% overvalued today. The Quality Score stands at 67/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, OEM International AB generated revenue of 5.4B SEK at a net margin of 11.6%. Revenue grew 7.2% year over year. It earns a return on equity of 22.7%. The balance sheet holds a net cash position of 702M SEK. Fundamentals as of Aug 13, 2026

Our scenario range runs from kr 62.18 (bear case) to kr 107.11 (bull case); at kr 174.20, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 54% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -42% fair-value upside, at -51%, OEM-B screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF kr 65.38 kr 96.79 kr 142.80 80
Residual Income kr 27.90 kr 37.19 kr 167.32 76
Rev-Margin DCF kr 56.17 kr 86.74 kr 122.95 74
All 24 models by family
DCF Models
FCF DCF kr 64.68 kr 100.88 kr 157.82 38
Owner Earnings kr 59.81 kr 93.03 kr 145.28 31
5Y Revenue Exit kr 56.17 kr 86.72 kr 125.99 39
5Y EBITDA Exit kr 61.42 kr 96.76 kr 138.42 41
5Y P/E Exit kr 65.35 kr 104.28 kr 145.85 38
10Y Revenue Exit kr 57.14 kr 86.09 kr 125.75 36
10Y EBITDA Exit kr 62.03 kr 93.15 kr 135.44 37
10Y P/E Exit kr 64.55 kr 98.43 kr 141.23 35
Earnings-Based
Graham-Dodd kr 29.01 kr 100.27 kr 134.68 54
Lynch FV kr 23.20 kr 33.14 kr 43.09 50
PEG = 1.0 kr 23.20 kr 33.14 kr 43.09 46
EPV kr 46.40 kr 53.23 kr 59.20 59
Multiples
P/E Multiple kr 67.18 kr 89.58 kr 111.97 63
P/S Multiple kr 54.39 kr 72.52 kr 90.65 58
P/B Multiple kr 54.39 kr 72.52 kr 90.65 55
EV/EBIT kr 74.31 kr 97.27 kr 120.23 53
EV/EBITDA kr 65.96 kr 86.13 kr 106.31 54
EV/Revenue kr 53.62 kr 74.28 kr 94.93 43
Asset-Based
NCAV (Graham) kr 9.65 kr 12.93 kr 19.30 50
Growth DCF
Growth DCF kr 65.38 kr 96.79 kr 142.80 80
Rev-Margin DCF kr 56.17 kr 86.74 kr 122.95 74
Economic Profit
Residual Income kr 27.90 kr 37.19 kr 167.32 76
ROIC Compounder kr 49.52 kr 60.88 kr 73.74 72
Growth Earnings
Growth-Adj P/E kr 57.68 kr 82.39 kr 107.11 68

Widest divergence: DCF Models (kr 93.15) versus Asset-Based (kr 12.93). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 5.6B SEK
Revenue growth (YoY) +16.6%
Net margin 11.8%
Return on equity 25.0%
Free cash flow 705M SEK FY2025
P/E ratio 37.6 as of Jul 16, 2026
More key figures
Operating margin 14.4%
EPS (TTM) kr 4.80
Dividend yield 1.0%
EPS growth (YoY) +31.4%
Net cash 702M SEK FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 67/100

Of which business quality 68 · Market factors (momentum, volatility) 71

Profitability 72
Margins and returns on capital today
Quality Growth 21
Are margins and returns improving?
Cashflow 66
Earnings quality: real cash, not paper profit
Fin. Strength 95
Balance sheet, leverage, solvency risk
Investment 54
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 73
Price trend over the last 3–12 months (market factor)
52W Momentum 78
Distance to the 52-week high (market factor)
Net Issuance 80
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

OEM International AB (publ), together with its subsidiaries, operates as a technology trading company. The company sells a range of industrial automation components in the areas of electrical components, flow technology, motors, transmissions, brakes and appliance components, installation components, and ball bearing and seals.

Full company description

OEM International AB (publ), together with its subsidiaries, operates as a technology trading company. The company sells a range of industrial automation components in the areas of electrical components, flow technology, motors, transmissions, brakes and appliance components, installation components, and ball bearing and seals. It serves the machinery and appliance manufacturing industries; wholesalers; electrical contractors; catalogue distributors; strategic end users and electronics manufacturers; and strategic contract manufacturers. The company operates in Europe, Sweden, Finland, Ireland, the United Kingdom, Denmark, Poland, Norway, the Czech Republic, China, Estonia, Slovakia, Hungary, Lithuania, the Netherlands, and Latvia. OEM International AB (publ) was incorporated in 1973 and is headquartered in Tranås, Sweden.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

OEM International AB reported revenue of kr 5.3B in FY2025 versus kr 3.8B in FY2021, a compound +8.9%/yr. Reported net income was kr 593M in FY2025, compounding +6.7%/yr from FY2021.

Growth Quality 91/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
5.3B SEK
Latest YoY
+1.5%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+4.0%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.1%
Avg. growth/yr (23Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.6%
Revenue +8.9%/yr
FY21 kr 3.8B
FY22 kr 4.7B
FY23 kr 5.1B
FY24 kr 5.2B
FY25 kr 5.3B
Net income +6.7%/yr
FY21 kr 457M
FY22 kr 576M
FY23 kr 607M
FY24 kr 606M
FY25 kr 593M
Character of growth · EPS growth decomposed (2014-2025) +15.1 % p.a.
Revenue per share +10.3 pp

of which total revenue +10.3 pp · buybacks/dilution +0.0 pp

EBIT margin +4.1 pp
Tax rate +0.1 pp
Residual (interest, one-offs) +0.6 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

OEM-B screens 51% overvalued. Compare with W.W. Grainger, Inc →

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Cite: Fair Value Calculator (2026). "OEM International AB Fair Value". https://www.fairvalue-calculator.com/stock/OEM-B

Peer Group

Industrial Distribution · 107 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 67 · Top 25%
Fair Value upside −51% · Bottom 25%
Return on equity (TTM) 25% · Top 25%
Return on assets 14% · Top 25%
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 14% · Top 25%
Revenue growth 17% · Top 25%
Dividend yield (TTM) 1.0% · Below median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Industrial Distribution median · lower = cheaper

P/E (TTM) 37.6× · Pricier than 75% of peers
P/B 9.34× · Pricier than 75% of peers
P/S (TTM) 4.44× · Pricier than 75% of peers
P/FCF 3.7× · Cheaper than median
EV/EBITDA 26.5× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 23
FUTURE 83 · sector 19
PAST 100 · sector 35
HEALTH 99 · sector 91
DIVIDEND 20 · sector 31

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Industrial Distribution stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
W.W. Grainger, Inc GWW $1,305 $613.88 -53%
Fastenal Company FAST $52.22 $20.64 -60%
Ferguson Enterprises Inc FERG $245.18 $148.98 -39%
WESCO International, Inc WCC $364.60 $213.01 -42%
Watsco, Inc WSO $309.41 $268.10 -13%
Toromont Industries Ltd TIH C$218.77 C$127.90 -42%
Applied Industrial Technologies, Inc AIT $352.29 $191.65 -46%
Finning International Inc FTT C$93.86 C$76.38 -19%
Addtech AB ADDTB kr 344.00 kr 156.35 -55%
Core & Main, Inc CNM $46.63 $49.47 +6%

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Frequently asked questions

Is OEM International AB (OEM-B) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of kr 85.75 versus a price of kr 174.20, about −51% (overvalued).
What is the fair value of OEM-B?
Our model-based fair value for OEM International AB is kr 85.75 (as of Aug 13, 2026), built from audited fundamentals. The current price is kr 174.20.
What is the quality score of OEM-B?
OEM International AB has a Quality Score of 67/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of OEM International AB (OEM-B)?
OEM International AB reported trailing-twelve-month revenue of about 5.4B SEK (latest available figure, as of Aug 13, 2026).
What is the net profit margin of OEM-B?
The net profit margin of OEM International AB is about 11.6%, meaning it keeps roughly 11.6% of revenue as net income. Based on the latest reported figures.
Does OEM International AB pay a dividend?
OEM International AB currently shows a dividend yield of about 1.08% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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