Employees: 614
Size Teqnion (TEQ.ST) is a Sweden Industrials company (Wholesale Distributors) with a market value of $330M, the 213th largest of 221 Sweden companies the cockpit tracks. Shares closed at SEK 188.40 on 6 Nov 2026.
Performance Over six months the shares gained 20.8%, against -7.7% for the median peer and +8.2% for the Sweden market (cap-weighted) — 6th highest of 21 in its peer set.
Growth Revenue grew 11.9% over the last twelve months (peer median +10.0%); the operating margin is 11.2% (peer median 3.8%).
Valuation It trades at 2.0× enterprise value to sales against a peer median of 0.6× (4th most expensive of 21).
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 +22%, so the hurdle is -20 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 4.2 points above its cost of capital (6.2% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | SEK 1.95B | SEK 1.80B | SEK 1.57B | SEK 1.48B | SEK 1.32B |
| Revenue growth | — | +15% | +6% | +11% | — |
| Gross profit | SEK 218M | SEK 156M | SEK 133M | SEK 167M | SEK 134M |
| EBITDA | SEK 294M | SEK 228M | SEK 197M | SEK 223M | SEK 174M |
| Net income | SEK 162M | SEK 98.4M | SEK 95.6M | SEK 125M | SEK 110M |
| Free cash flow | SEK 222M | SEK 174M | SEK 83.1M | SEK 116M | SEK 97.9M |
| Capital expenditure | SEK 16.0M | SEK 14.6M | SEK 20.5M | SEK 10.7M | SEK 7.50M |
| Total debt | SEK 787M | SEK 643M | SEK 466M | SEK 361M | SEK 262M |
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.
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 | TEQ.ST | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.3% | -10.9% | 2nd highest of 21 |
| 6-month return | +20.8% | -7.7% | 6th highest of 21 |
| Distance from 52-week high | -1.9% | -18.9% | highest of 21 |
| Revenue growth (TTM) | +11.9% | +10.0% | 10th highest of 21 |
| Operating margin | 11.2% | 3.8% | 3rd highest of 21 |
| EV / Sales | 2.0× | 0.6× | 4th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 2.4% | -3.3% | 5th most demanding of 15 |
| Growth delivered (Del g) | +22.3% | +5.4% | 2nd highest of 15 |
| Hurdle (Req g minus delivered) | -19.9 pp | -9.6 pp | 3rd least demanding of 15 |
| ROIC minus cost of capital | +4.2 pp | +0.3 pp | 7th highest of 21 |
| EV / EBITDA | 13.1× | 7.1× | 3rd most expensive of 13 |
| Net debt / EBITDA | 2.0× | 1.9× | 9th most indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Teqnion TEQ.ST | Sweden | $330M | +21% | +12% | 11% | 2.0× | 2.4% | +22.3% |
| Test Rite International 2908.TW | Taiwan | $330M | +4% | -1% | 2% | 0.8× | 9.7% | -4.3% |
| Sato Sho-ji 8065.T | Japan | $331M | -10% | +5% | 3% | 0.3× | n/a | n/a |
| Tidewater Midstream & Infrastructure TWM.TO | Canada | $337M | +43% | +16% | 6% | 0.7× | -3.8% | +6.1% |
| Yashima Denki 3153.T | Japan | $339M | -15% | +13% | 10% | 0.4× | -10.6% | +4.7% |
| Aurora 2373.TW | Taiwan | $342M | -11% | -3% | 7% | 1.1× | -4.4% | -3.8% |
| Xinjiang International Industry 000159.SZ | China | $342M | -27% | +37% | 4% | 1.6× | n/a | n/a |
| CHS Inc 8 % Cum Red Pfd Registered CHSCP | United States | $316M | -8% | +11% | 1% | 0.1× | -11.0% | +0.4% |
| APAC Resources 1104.HK | Hong Kong | $313M | -35% | +197% | 54% | 0.7× | n/a | n/a |
| Kanaden 8081.T | Japan | $307M | 0% | +13% | 4% | 0.2× | -15.6% | +6.1% |
| Sanyo Trading 3176.T | Japan | $381M | +33% | +7% | 5% | 0.3× | -5.2% | +11.8% |
| Nanjing Business & Tourism 600250.SS | China | $388M | -24% | 0% | 9% | 4.0× | 12.7% | -4.9% |
| Shanghai Tianyong Engineering 603895.SS | China | $393M | -15% | +28% | 3% | 5.1× | n/a | n/a |
| Solum 248070.KS | South Korea | $398M | -42% | +16% | 4% | 0.5× | n/a | n/a |
| Bapcor BAP.AX | Australia | $399M | +66% | -3% | 2% | 0.5× | 7.2% | +1.8% |
| Suzuden 7480.T | Japan | $271M | +97% | +26% | 6% | 0.6× | -6.2% | +0.3% |
| Sync-Tech System 7815.TWO | Taiwan | $270M | -45% | +9% | 25% | 8.0× | 9.8% | +22.1% |
| Meko MEKO.ST | Sweden | $406M | -5% | -1% | 2% | 0.6× | 2.2% | +9.4% |
| Kpp 9274.T | Japan | $411M | +13% | -1% | 2% | 0.3× | -0.7% | +8.6% |
| Fujian Haiqin Energy 600753.SS | China | $412M | -7% | +193% | 5% | 1.1× | n/a | n/a |
| UNISOL 7128.T | Japan | $420M | +31% | -1% | 2% | 0.3× | -2.9% | +24.5% |