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Bufab ABBUFAB.STCompetitor analysis, valuation and peers

Sweden · SEK·Industrials›Wholesale Distributors

Swedish supplier of fasteners and small mechanical components ("C-parts"), sourcing and managing supply chains for industrial customers.

≈ A fastener/C-parts supply-chain specialist like a smaller FastenalMomentum neutral 48
Mkt cap
$2.55B
US dollars, full cap
Free float
70%
of shares outstanding
$/day
$2.42M
20-day average traded
Fwd P/E
29.2×
forward earnings
ROIC−WACC
+1.3 pp
WACC 10.1%
Hurdle
+8 pp
Req g minus delivered
Next earnings
97 days
11 Feb 2027
Close · SEKSEK 131.00
1D-1.4%
1W-2.2%
1M-4.5%
3M-1.6%
6M+16.3%
YTD+30.3%
1Y+29.3%
ATR %2.6%
52w lowhigh10.6% off high

What Bufab does

Swedish supplier of fasteners and small mechanical components ("C-parts"), sourcing and managing supply chains for industrial customers.

Buys fasteners and other small parts from many manufacturers, mostly in Asia, checks quality and delivers them to the customer's assembly line, charging a price per part that covers sourcing, quality control and stock-holding. Such parts are a small share of a customer's cost but can stop a production line, which supports pricing.

In one line: A fastener/C-parts supply-chain specialist like a smaller Fastenal.

Products and services

  • Fasteners (screws, bolts, nuts)
  • Supply-chain/inventory management services

Customers

  • Industrial manufacturers (vendor-managed inventory

Where it sits in the supply chain

  • Industrials
  • Industrial distribution
  • Fastener/C-parts sourcing and…

What could go right

  • Industrial production growth
  • Outsourcing of fastener sourcing/logistics

What could go wrong

  • Steel/metal component cost volatility
  • Industrial capex cyclicality

Moat: narrow (scale, distribution, switching costs). Embedded vendor-managed-inventory relationships and global sourcing scale create switching costs for customers.

Headquarters: Varberg, Sweden · Founded: 1977 · Employees: 1,853

Named competitors

Bufab at a glance

Size Bufab (BUFAB.ST) is a Sweden Industrials company (Wholesale Distributors) with a market value of $2.55B, the 66th largest of 221 Sweden companies the cockpit tracks. Shares closed at SEK 131.00 on 6 Nov 2026.

Performance Over six months the shares gained 16.3%, against +3.7% for the median peer and +8.2% for the Sweden market (cap-weighted) — 6th highest of 21 in its peer set.

Growth Revenue grew 8.1% over the last twelve months (peer median +7.5%); the operating margin is 13.3% (peer median 5.1%).

Valuation It trades at 29.2× forward earnings against a peer median of 14.9× (2nd most expensive of 19).

Price implies For today's price to make sense, revenue must grow about 19% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is +8 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 1.3 points above its cost of capital (10.1% WACC).

Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).

Relative performance

10011012013011 May 202611 Aug 20266 Nov 2026BUFAB.ST 115Peer median 104
Six months, rebased to 100: Bufab against the median of its 20 peers (local-currency closes).

Bufab financials

Reported figures in SEK; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueSEK 8.65BSEK 8.07BSEK 8.04BSEK 8.68BSEK 8.43B
Revenue growth—0%-7%+3%—
Gross profitSEK 2.90BSEK 2.36BSEK 2.18BSEK 2.29BSEK 2.22B
EBITDASEK 1.48BSEK 1.25BSEK 1.11BSEK 1.30BSEK 1.24B
Net incomeSEK 777MSEK 626MSEK 551MSEK 574MSEK 609M
Free cash flowSEK 1.04BSEK 849MSEK 1.04BSEK 1.37B-SEK 107M
Capital expenditureSEK 71.0MSEK 90.0MSEK 79.0MSEK 86.0MSEK 66.0M
Total debtSEK 3.83BSEK 3.58BSEK 3.53BSEK 3.58BSEK 4.05B

Quarterly statements and history in the cockpit →

Bufab competitor charts

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.

Performance: 6-month against 1-month return

-20%0%+20%+40%-20%0%+20%7564601811BCCDNOW8088OEM-B0013860022458078INCH8012DXPERUS6008253132CURY3048DBI5857TPKBUFAB.ST6-month return →1-month return →
Up and to the right = strong over both horizons. Bufab is the large dot.

Fundamentals: revenue growth against valuation

0%+20%+40%+60%10×20×30×7564601811BCCDNOW8088OEM-B00224580788012DXPERUS3132CURY3048DBI5857TPKBUFAB.STRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Bufab is the large dot.

Capital: growth delivered against growth the price implies

0%+50%+100%0%50%100%7564601811BCCDNOWOEM-B001386DXPE600825DBI5857BUFAB.STGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Bufab is the large dot.

Bufab competitors and peer comparison

Head to head with its named competitors (BUFAB.ST vs FAST vs BOSN.SW vs DSGR)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Bufab BUFAB.ST$2.55B+16%+8%13%29.2×18.7%
Fastenal FAST$60.8B+20%+14%21%38.3×14.2%
Bossard BOSN.SW$2.42B+55%+7%11%20.1×5.9%
Distribution Solutions DSGR$1.62B+27%+6%4%40.9×15.5%

How Bufab compares with its peers

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.

Bufab against its 20 peers (data as of 6 Nov 2026)
MeasureBUFAB.STPeer medianRank in peer set
1-month return-4.5%-5.4%9th highest of 21
6-month return+16.3%+3.7%6th highest of 21
Distance from 52-week high-10.6%-22.0%4th highest of 21
Revenue growth (TTM)+8.1%+7.5%10th highest of 21
Operating margin13.3%5.1%5th highest of 21
Forward P/E29.2×14.9×2nd most expensive of 19
Growth the price implies (Req g, 7 yrs)18.7%4.6%2nd most demanding of 20
Growth delivered (Del g)+11.2%+8.7%7th highest of 20
Hurdle (Req g minus delivered)+7.6 pp-2.9 pp2nd most demanding of 20
ROIC minus cost of capital+1.3 pp+0.8 pp9th highest of 21
EV / EBITDA19.2×9.0×2nd most expensive of 14
Net debt / EBITDA2.3×1.3×7th most indebted of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Bufab BUFAB.STSweden$2.55B+16%+8%13%29.2×18.7%+11.2%
Workman 7564.TJapan$2.57B-31%+21%19%17.1×4.6%+8.7%
Xinhua Winshare Publishing & Media 601811.SSChina$2.52B+26%-4%7%15.2×-11.4%+5.4%
Boise Cascade BCCUnited States$2.44B-1%+1%3%24.1×7.7%+3.2%
DNOW DNOWUnited States$2.40B+2%+70%-3%23.6×9.8%+11.7%
IWATANI 8088.TJapan$2.73B-4%+5%5%7.6×4.3%+10.1%
OEM International OEM-B.STSweden$2.34B+11%+11%15%29.9×14.6%+10.1%
Marco Polo 001386.SZChina$2.80B-15%-12%21%n/a-7.2%-5.5%
Jiangsu Azure 002245.SZChina$2.82B-21%+27%12%14.6×11.8%+13.8%
Hanwa 8078.TJapan$2.29B+7%+6%2%7.8×-4.2%+8.8%
Inchcape INCH.LUnited Kingdom$2.87B-21%+7%6%7.5×-6.0%+5.9%
Nagase & 8012.TJapan$2.96B-9%+8%5%10.9×3.5%+3.2%
DXP Enterprises DXPEUnited States$2.18B-10%+11%9%20.7×6.6%+14.9%
Russel Metals RUS.TOCanada$2.98B+36%+18%5%14.4×8.7%+11.5%
Shanghai Xinhua Media 600825.SSChina$2.03B+118%+1%-1%n/a44.5%+2.3%
Macnica 3132.TJapan$3.23B+8%+35%4%11.8×n/an/a
Currys CURY.LUnited Kingdom$1.97B+16%+6%2%10.4×4.3%-2.2%
BIC Cameras 3048.TJapan$1.94B+10%+7%4%15.2×-8.2%+4.5%
Dalrymple Bay Infrastructure DBI.AXAustralia$1.92B+6%+11%29%26.2×7.8%+104.8%
ARE 5857.TJapan$1.89B+1%+38%7%9.3×2.0%+29.4%
Travis Perkins TPK.LUnited Kingdom$1.86B+28%0%3%23.2×8.5%+4.3%

Questions

Who are Bufab's main competitors?
Named competitors: Fastenal (FAST), Wurth Group (private) (private or unlisted), Bossard Group (BOSN.SW), Distribution Solutions Group (DSGR). The cockpit's measured peer set (industry) also includes Workman (7564.T), Xinhua Winshare Publishing & Media (601811.SS), Boise Cascade (BCC), DNOW (DNOW), IWATANI (8088.T), OEM International (OEM-B.ST).
Is Bufab expensive compared with its peers?
On forward p/e it trades at 29.2× against a peer median of 14.9×, 2nd most expensive of 19 in its peer set. For today's price to make sense, revenue must grow about 19% a year for seven years (Req g). Recent delivered growth is +11%, so the hurdle is +8 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Bufab stock performed?
Over six months to 6 Nov 2026 the shares returned +16.3% against +3.7% for the median peer; over one year +29.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.