Dashboard
1
Company's ability to service its debt is strong with a healthy EBIT to Interest (avg) ratio of 11.33
2
Healthy long term growth as Net Sales has grown by an annual rate of 21.70% and Operating profit at 25.12%
3
Flat results in Jun 25
4
With ROE of 11.03%, it has a expensive valuation with a 3.48 Price to Book Value
5
Below par performance in long term as well as near term
Stock DNA
Trading & Distributors
SEK 73,590 Million (Large Cap)
32.00
NA
0.92%
0.41
11.24%
3.35
Revenue and Profits:
Net Sales:
10,181 Million
(Quarterly Results - Jun 2025)
Net Profit:
793 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-4.63%
0%
-4.63%
6 Months
7.02%
0%
7.02%
1 Year
-10.77%
0%
-10.77%
2 Years
30.52%
0%
30.52%
3 Years
-14.45%
0%
-14.45%
4 Years
-13.48%
0%
-13.48%
5 Years
-48.81%
0%
-48.81%
Beijer Ref AB for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
21.70%
EBIT Growth (5y)
25.12%
EBIT to Interest (avg)
11.33
Debt to EBITDA (avg)
2.29
Net Debt to Equity (avg)
0.45
Sales to Capital Employed (avg)
1.01
Tax Ratio
25.03%
Dividend Payout Ratio
31.86%
Pledged Shares
0
Institutional Holding
0.04%
ROCE (avg)
11.35%
ROE (avg)
12.55%
Valuation key factors
Factor
Value
P/E Ratio
32
Industry P/E
Price to Book Value
3.48
EV to EBIT
22.83
EV to EBITDA
17.94
EV to Capital Employed
2.70
EV to Sales
2.29
PEG Ratio
NA
Dividend Yield
1.29%
ROCE (Latest)
11.82%
ROE (Latest)
11.03%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Shareholding Snapshot : Sep 2015
Shareholding Compare (%holding) 
Majority shareholders
Foreign Institutions
Domestic Funds
Held in 0 Schemes (0%)
Foreign Institutions
Held by 1 Foreign Institutions (0.04%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
10,181.00
8,898.00
14.42%
Operating Profit (PBDIT) excl Other Income
1,437.60
1,038.40
38.44%
Interest
127.00
131.00
-3.05%
Exceptional Items
-0.60
-0.40
-50.00%
Consolidate Net Profit
793.00
482.00
64.52%
Operating Profit Margin (Excl OI)
116.50%
87.50%
2.90%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is 14.42% vs 1.02% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is 64.52% vs 5.47% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
35,662.00
32,150.00
10.92%
Operating Profit (PBDIT) excl Other Income
4,518.00
3,986.00
13.35%
Interest
659.00
617.00
6.81%
Exceptional Items
-18.00
-42.00
57.14%
Consolidate Net Profit
2,259.00
2,400.00
-5.87%
Operating Profit Margin (Excl OI)
99.10%
97.00%
0.21%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 10.92% vs 42.02% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -5.87% vs 89.72% in Dec 2023
About Beijer Ref AB 
Beijer Ref AB
Trading & Distributors
Beijer Ref publ AB, formerly G & L Beijer AB, is a Sweden-based technology company active in the fields of refrigeration and air conditioning. The Company operates one business area, Beijer Ref, which carries out operations in over 20 countries in Europe, South Africa, Australia, New Zealand, India, Namibia, Botswana, Mozambique and Thailand. Its product portfolio also includes comfort cooling products and related operations, such as heat pumps, aside from the standard offering. The Company offers commercial refrigeration products, which are installed in supermarkets, restaurants and food retail outlets; comfort cooling products, which include a range of heating and cooling air conditioning products for commercial and domestic use, as well as products for the industrial refrigeration sector for large refrigerated distribution centers, such as ice rinks. The Company operates Real Cold and DX Por as subsidiaries.
Company Coordinates 
Company Details
Stortorget 8 , MALMO None : 211 34
Registrar Details






