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Swedish industrial group making springs (Lesjofors) and specialty cables (Habia), sold to industrial customers worldwide.
Swedish industrial group making springs (Lesjofors) and specialty cables (Habia), sold to industrial customers worldwide.
Lesjöfors springs make up the larger part of the group: many small, custom industrial springs and automotive chassis springs sold to many customers, so no single buyer dominates. Habia Cable is smaller and more tied to defence, telecom and nuclear projects. The group grows by buying small companies.
In one line: A diversified industrial components group like a smaller Barnes Group.
Moat: narrow (process know-how, customer qualification, scale). Niche engineering expertise (e.g., radiation-resistant cables) and broad spring product range create customer stickiness.
Headquarters: Uppsala, Sweden · Founded: 1867 · Employees: 3,727
Size Beijer Alma (BEIA-B.ST) is a Sweden Industrials company (Metal Fabrication) with a market value of $1.86B, the 89th largest of 221 Sweden companies the cockpit tracks. Shares closed at SEK 301.50 on 6 Nov 2026.
Performance Over six months the shares was unchanged, against -19.9% for the median peer and +8.2% for the Sweden market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue grew 5.7% over the last twelve months (peer median +16.4%); the operating margin is 14.6% (peer median 9.3%).
Valuation It trades at 20.7× forward earnings against a peer median of 40.5× (7th cheapest of 18).
Price implies For today's price to make sense, revenue must grow about 10% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -3 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.1 points above its cost of capital (8.7% WACC).
Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | SEK 8.13B | SEK 7.75B | SEK 7.20B | SEK 6.88B | SEK 5.87B |
| Revenue growth | — | +8% | +5% | +17% | — |
| Gross profit | SEK 2.60B | SEK 2.32B | SEK 2.17B | SEK 1.97B | SEK 1.67B |
| EBITDA | SEK 1.58B | SEK 1.40B | SEK 1.26B | SEK 1.19B | SEK 1.07B |
| Net income | SEK 826M | SEK 568M | SEK 714M | SEK 519M | SEK 526M |
| Free cash flow | SEK 901M | SEK 691M | SEK 450M | SEK 743M | SEK 324M |
| Capital expenditure | SEK 273M | SEK 261M | SEK 247M | SEK 227M | SEK 168M |
| Total debt | SEK 3.12B | SEK 3.25B | SEK 3.14B | SEK 2.73B | SEK 2.80B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Beijer Alma BEIA-B.ST | $1.86B | 0% | +6% | 15% | 20.7× | 9.9% |
| Barrick Mining ABX.TO | $67.2B | 0% | +49% | 52% | 10.9× | -3.0% |
| Nexans NEX.PA | $6.06B | -26% | -13% | 6% | 17.2× | 5.6% |
| Prysmian PRY.MI | $33.9B | -35% | +17% | 8% | 20.2× | 13.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BEIA-B.ST | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.5% | -14.0% | 4th highest of 21 |
| 6-month return | 0.0% | -19.9% | 8th highest of 21 |
| Distance from 52-week high | -5.2% | -53.8% | highest of 21 |
| Revenue growth (TTM) | +5.7% | +16.4% | 5th lowest of 21 |
| Operating margin | 14.6% | 9.3% | 8th highest of 21 |
| Forward P/E | 20.7× | 40.5× | 7th cheapest of 18 |
| Growth the price implies (Req g, 7 yrs) | 9.9% | 16.5% | 3rd least demanding of 10 |
| Growth delivered (Del g) | +12.8% | +13.0% | 5th lowest of 10 |
| Hurdle (Req g minus delivered) | -2.8 pp | +2.4 pp | 4th least demanding of 10 |
| ROIC minus cost of capital | +3.1 pp | -0.5 pp | 4th highest of 21 |
| EV / EBITDA | 13.2× | 15.8× | 4th cheapest of 8 |
| Net debt / EBITDA | 1.7× | -0.2× | 3rd most indebted of 8 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Beijer Alma BEIA-B.ST | Sweden | $1.86B | 0% | +6% | 15% | 20.7× | 9.9% | +12.8% |
| Baoding Technology 002552.SZ | China | $1.84B | +44% | +64% | 15% | n/a | 11.3% | +54.0% |
| SF Diamond 300179.SZ | China | $1.81B | -12% | +34% | 11% | 79.8× | 49.2% | +12.2% |
| Hebei Huatong Wires and Cables 605196.SS | China | $1.94B | -41% | +49% | 10% | 13.4× | n/a | n/a |
| Gaona Aero Material 300034.SZ | China | $1.71B | -29% | +5% | 5% | 49.0× | 21.3% | +18.5% |
| Happy Forging HAPPYFORGE.NS | India | $1.70B | +20% | +16% | 25% | 40.5× | 42.7% | +21.2% |
| Nanshan Aluminium International 2610.HK | Hong Kong | $1.67B | -45% | -19% | 21% | 7.8× | n/a | n/a |
| Azad Engineering AZAD.NS | India | $1.66B | +8% | +29% | 28% | 91.6× | n/a | n/a |
| Changzhou Nrb 002708.SZ | China | $1.63B | +50% | +29% | 1% | 74.0× | n/a | n/a |
| NBTM New Materials 600114.SS | China | $2.14B | -40% | +6% | 9% | 22.8× | 13.8% | +13.0% |
| Lizhong Sitong Light Alloys 300428.SZ | China | $2.14B | -3% | +24% | 4% | 11.8× | n/a | n/a |
| Suzhou UIGreen Micro&Nano Technologies 688661.SS | China | $1.55B | -44% | -7% | -3% | 44.2× | n/a | n/a |
| Essence Fastening Systems (Shanghai) 301005.SZ | China | $1.54B | -55% | +17% | 0% | n/a | n/a | n/a |
| Luoyang Xinqianglian Slewing Bearing 300850.SZ | China | $1.54B | -42% | +10% | 21% | 11.1× | n/a | n/a |
| Usha Martin USHAMART.NS | India | $1.54B | 0% | +9% | 17% | 22.8× | 23.1% | +12.0% |
| Zhejiang Changsheng Sliding Bearings 300718.SZ | China | $2.25B | -29% | +20% | 21% | 47.3× | 16.5% | +14.1% |
| Shenzhen Vital New Material 301319.SZ | China | $1.53B | +15% | +34% | 5% | 82.0× | n/a | n/a |
| HENGHUI Technology 301678.SZ | China | $1.53B | -28% | +10% | 8% | n/a | n/a | n/a |
| Anhui Honglu Steel Construction (Group) 002541.SZ | China | $2.30B | +4% | +12% | 5% | 16.0× | 3.8% | +10.4% |
| Taihan Cable & Solution 001440.KS | South Korea | $2.31B | -70% | +22% | 5% | 99.2× | n/a | n/a |
| Maruichi Steel Tube 5463.T | Japan | $2.32B | +5% | -2% | 14% | 11.9× | -2.7% | +8.6% |