Note AB

  • Market Cap: Small Cap
  • Industry: Electronics & Appliances
  • ISIN: SE0001161654
SEK
181.70
31 (20.57%)
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

N/A

Shareholding

FII

N/A

DII

N/A

Promoter

N/A

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Dashboard
1

Strong Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 23.45%

  • Healthy long term growth as Net Sales has grown by an annual rate of 15.21% and Operating profit at 19.27%
  • Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 15.52
2

Flat results in Jun 25

3

With ROE of 15.91%, it has a fair valuation with a 3.74 Price to Book Value

4

Market Beating Performance

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Electronics & Appliances

stock-summary
Market cap

SEK 5,136 Million (Small Cap)

stock-summary
P/E

23.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

7.49%

stock-summary
Debt Equity

0.03

stock-summary
Return on Equity

16.18%

stock-summary
Price to Book

3.28

Revenue and Profits:
Net Sales:
980 Million
(Quarterly Results - Jun 2025)
Net Profit:
76 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
9.59%
0%
9.59%
6 Months
37.03%
0%
37.03%
1 Year
19.15%
0%
19.15%
2 Years
-23.01%
0%
-23.01%
3 Years
-9.96%
0%
-9.96%
4 Years
77.44%
0%
77.44%
5 Years
300.66%
0%
300.66%

Note AB for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions
News
Icon
No Recent News for the Company
Announcements stock-summary
Icon
No announcement available
Corporate Actions stock-summary
Icon
No corporate action available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
15.21%
EBIT Growth (5y)
19.27%
EBIT to Interest (avg)
15.52
Debt to EBITDA (avg)
0.50
Net Debt to Equity (avg)
-0.01
Sales to Capital Employed (avg)
1.98
Tax Ratio
20.70%
Dividend Payout Ratio
81.34%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
23.45%
ROE (avg)
21.05%
Valuation key factors
Factor
Value
P/E Ratio
23
Industry P/E
Price to Book Value
3.74
EV to EBIT
15.87
EV to EBITDA
11.92
EV to Capital Employed
3.51
EV to Sales
1.53
PEG Ratio
NA
Dividend Yield
6.75%
ROCE (Latest)
22.09%
ROE (Latest)
15.91%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bearish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshotstock-summary
Icon
No data for shareholding present.
Shareholding Compare (%holding) stock-summary
Icon
No data for shareholding present.
stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is -3.16% vs -6.12% in Jun 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Jun 2025 is 11.76% vs -13.92% in Jun 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Jun'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "980.00",
          "val2": "1,012.00",
          "chgp": "-3.16%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "123.00",
          "val2": "127.00",
          "chgp": "-3.15%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "7.00",
          "val2": "13.00",
          "chgp": "-46.15%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "76.00",
          "val2": "68.00",
          "chgp": "11.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "95.90%",
          "val2": "95.80%",
          "chgp": "0.01%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is -8.07% vs 15.08% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is -22.50% vs 25.89% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,901.00",
          "val2": "4,243.40",
          "chgp": "-8.07%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "492.60",
          "val2": "490.80",
          "chgp": "0.37%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "45.90",
          "val2": "44.00",
          "chgp": "4.32%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-2.00",
          "val2": "37.00",
          "chgp": "-105.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "248.00",
          "val2": "320.00",
          "chgp": "-22.50%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "95.10%",
          "val2": "89.30%",
          "chgp": "0.58%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Jun'25 - YoYstock-summary
Jun'25
Jun'24
Change(%)
Net Sales
980.00
1,012.00
-3.16%
Operating Profit (PBDIT) excl Other Income
123.00
127.00
-3.15%
Interest
7.00
13.00
-46.15%
Exceptional Items
0.00
0.00
Consolidate Net Profit
76.00
68.00
11.76%
Operating Profit Margin (Excl OI)
95.90%
95.80%
0.01%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in quarter ended Jun 2025 is -3.16% vs -6.12% in Jun 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Jun 2025 is 11.76% vs -13.92% in Jun 2024

Annual Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
3,901.00
4,243.40
-8.07%
Operating Profit (PBDIT) excl Other Income
492.60
490.80
0.37%
Interest
45.90
44.00
4.32%
Exceptional Items
-2.00
37.00
-105.41%
Consolidate Net Profit
248.00
320.00
-22.50%
Operating Profit Margin (Excl OI)
95.10%
89.30%
0.58%
USD in Million.
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2024 is -8.07% vs 15.08% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -22.50% vs 25.89% in Dec 2023

stock-summaryCompany CV
About Note AB stock-summary
stock-summary
Note AB
Electronics & Appliances
Note publ AB is a Sweden-based company engaged in the provision of manufacturing and logistics services for electronics production. The Company’s operational segments are divided into two categories: Nearsourcing Centres and Industrial Plants. The Nearsourcing Centres segment comprises selling facilities in Sweden, Norway, Finland and the United Kingdom (UK), which provide development-oriented work in relationship with customers. The Industrial Plants area includes manufacturing units in Estonia and China. The Company specializes in the production of printed circuit board assemblies (PCBAs), sub-assemblies and box build products, as well as in the delivery of product and test management, end of life management, and spare parts, among others. Furthermore, It operates through a number of subsidiaries, such as NOTE Components AB, NOTE International AB, NOTE UK Ltd, NOTE Norge AS, NOTE Hyvinkaa Oy and IONOTE Electronics (Dongguan) Ltd.
Company Coordinates stock-summary
Company Details
Box 1285, Borgarfjordsgatan 7 , KISTA None : 164 29
stock-summary
Tel: 46 8 56899000
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Registrar Details