Loading…
Swedish maker of outdoor power equipment, including chainsaws, lawnmowers and robotic mowers, sold under Husqvarna and Gardena brands.
Swedish maker of outdoor power equipment, including chainsaws, lawnmowers and robotic mowers, sold under Husqvarna and Gardena brands.
Sells through dealers and large retail chains, so volumes follow the garden season, weather and how much stock retailers hold. Forestry and professional landscaping buyers replace tools as they wear out, while home users buy mainly for lawns and gardens.
In one line: An outdoor power equipment maker like Toro Company/Deere's consumer division.
Moat: narrow (brand, scale, distribution). Well-established professional and consumer brand with wide retail/dealer distribution, in a mature, competitive category.
Headquarters: Huskvarna, Sweden · Founded: 1689 · Employees: 11,307
Size Husqvarna (HUSQ-A.ST) is a Sweden Industrials company (Tools & Hardware) with a market value of $1.94B, the 87th largest of 221 Sweden companies the cockpit tracks. Shares closed at SEK 33.20 on 6 Nov 2026.
Performance Over six months the shares fell 24.1%, against -12.6% for the median peer and +8.2% for the Sweden market (cap-weighted) — 5th lowest of 14 in its peer set.
Growth Revenue fell 6.0% over the last twelve months (peer median +6.3%); the operating margin is 5.9% (peer median 5.9%).
Valuation It trades at 13.5× forward earnings against a peer median of 28.4× (3rd cheapest of 11).
Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is -4 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 1.6 points below its cost of capital (7.9% WACC).
Next results Next results expected around 3 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | SEK 44.8B | SEK 46.6B | SEK 48.4B | SEK 53.3B | SEK 54.0B |
| Revenue growth | — | -4% | -9% | -1% | — |
| Gross profit | SEK 13.6B | SEK 15.8B | SEK 16.2B | SEK 17.6B | SEK 16.7B |
| EBITDA | SEK 5.62B | SEK 5.31B | SEK 5.61B | SEK 6.08B | SEK 6.05B |
| Net income | SEK 1.03B | SEK 1.77B | SEK 1.32B | SEK 2.18B | SEK 1.94B |
| Free cash flow | SEK 3.06B | SEK 2.93B | SEK 5.38B | SEK 5.53B | -SEK 3.09B |
| Capital expenditure | SEK 982M | SEK 2.26B | SEK 2.60B | SEK 2.63B | SEK 2.34B |
| Total debt | SEK 13.1B | SEK 12.7B | SEK 14.5B | SEK 17.2B | SEK 19.9B |
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 |
|---|---|---|---|---|---|---|
| Husqvarna HUSQ-A.ST | $1.94B | -24% | -6% | 6% | 13.5× | -2.0% |
| Toro TTC | $9.92B | +10% | +5% | 11% | 21.2× | 5.6% |
| Deere & DE | $181B | +17% | +8% | 20% | 32.0× | 16.2% |
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 | HUSQ-A.ST | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -2.6% | -4.0% | 7th highest of 14 |
| 6-month return | -24.1% | -12.6% | 5th lowest of 14 |
| Distance from 52-week high | -31.7% | -48.0% | 6th highest of 14 |
| Revenue growth (TTM) | -6.0% | +6.3% | 2nd lowest of 14 |
| Operating margin | 5.9% | 5.9% | 7th highest of 14 |
| Forward P/E | 13.5× | 28.4× | 3rd cheapest of 11 |
| Growth the price implies (Req g, 7 yrs) | -2.0% | 8.1% | 2nd least demanding of 10 |
| Growth delivered (Del g) | +2.1% | +9.8% | 3rd lowest of 10 |
| Hurdle (Req g minus delivered) | -4.1 pp | +4.8 pp | 4th least demanding of 10 |
| ROIC minus cost of capital | -1.6 pp | -2.6 pp | 6th highest of 14 |
| EV / EBITDA | 4.8× | 11.3× | cheapest of 6 |
| Net debt / EBITDA | 1.4× | 1.9× | 3rd least indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Husqvarna HUSQ-A.ST | Sweden | $1.94B | -24% | -6% | 6% | 13.5× | -2.0% | +2.1% |
| Fiskars Oyj Abp FSKRS.HE | Finland | $1.20B | 0% | 0% | 7% | 20.9× | 8.1% | +0.4% |
| Finework (Hu Nan) New Energy Technology 301232.SZ | China | $1.17B | -52% | +11% | 2% | n/a | n/a | n/a |
| Hengerda New Materials (Fujian) 300946.SZ | China | $1.12B | -34% | +14% | 6% | 31.9× | 55.3% | +11.8% |
| Shenzhen Lihexing 301013.SZ | China | $855M | -3% | +8% | -22% | 43.5× | n/a | n/a |
| Einhell Germany AG Pref EIN.DE | Germany | $801M | -12% | 0% | 10% | 9.6× | -6.8% | +9.8% |
| Zhejiang FORE Intelligent Technology 301368.SZ | China | $796M | -24% | +10% | -11% | n/a | n/a | n/a |
| Xianheng International Science&Technology 605056.SS | China | $773M | -50% | +18% | 6% | 17.7× | 6.6% | +18.1% |
| Guangdong Kinlong Hardware Products 002791.SZ | China | $741M | -24% | -20% | -8% | 279.4× | 16.9% | -3.8% |
| Hangzhou GreatStar Industrial 002444.SZ | China | $5.33B | -13% | +6% | 15% | 13.0× | 5.8% | +11.5% |
| Bergman & Beving BERG-B.ST | Sweden | $704M | -9% | +1% | 9% | 24.9× | 5.0% | +2.9% |
| Keystone Electrical (Zhejiang) 301448.SZ | China | $578M | +19% | +5% | 1% | n/a | n/a | n/a |
| Wangli Security & Surveillance Product 605268.SS | China | $576M | -33% | -2% | 4% | 33.5× | 13.7% | +8.9% |
| Codan CDA.AX | Australia | $6.88B | +41% | +30% | 28% | 36.4× | 26.4% | +14.9% |