Dashboard
1
The company has declared Negative results for the last 5 consecutive quarters
- OPERATING CASH FLOW(Y) Lowest at SEK 306.86 MM
- ROCE(HY) Lowest at 13.49%
- INTEREST(Q) At SEK 14.5 MM has Grown at 16%
2
With ROE of 13.18%, it has a very expensive valuation with a 6.38 Price to Book Value
3
Consistent Underperformance against the benchmark over the last 3 years
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
13.93%
0%
13.93%
6 Months
23.19%
0%
23.19%
1 Year
-6.94%
0%
-6.94%
2 Years
-17.6%
0%
-17.6%
3 Years
-17.04%
0%
-17.04%
4 Years
-39.4%
0%
-39.4%
5 Years
129.11%
0%
129.11%
NCAB Group 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)
12.66%
EBIT Growth (5y)
8.07%
EBIT to Interest (avg)
14.64
Debt to EBITDA (avg)
0.93
Net Debt to Equity (avg)
0.52
Sales to Capital Employed (avg)
1.60
Tax Ratio
25.17%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
26.57%
ROE (avg)
26.48%
Valuation key factors
Factor
Value
P/E Ratio
48
Industry P/E
Price to Book Value
6.38
EV to EBIT
30.93
EV to EBITDA
22.22
EV to Capital Employed
4.48
EV to Sales
2.67
PEG Ratio
NA
Dividend Yield
0.02%
ROCE (Latest)
14.49%
ROE (Latest)
13.18%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Mildly Bullish
RSI
No Signal
Bullish
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Bullish (Daily)
KST
Mildly Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ
Jun'25
Mar'25
Change(%)
Net Sales
934.00
958.30
-2.54%
Operating Profit (PBDIT) excl Other Income
101.40
117.60
-13.78%
Interest
14.50
12.50
16.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
40.50
52.00
-22.12%
Operating Profit Margin (Excl OI)
77.80%
90.50%
-1.27%
USD in Million.
Net Sales
QoQ Growth in quarter ended Jun 2025 is -2.54% vs 15.42% in Mar 2025
Consolidated Net Profit
QoQ Growth in quarter ended Jun 2025 is -22.12% vs 25.30% in Mar 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
3,614.00
4,087.80
-11.59%
Operating Profit (PBDIT) excl Other Income
494.50
666.50
-25.81%
Interest
71.30
67.90
5.01%
Exceptional Items
-3.70
13.60
-127.21%
Consolidate Net Profit
254.80
403.90
-36.92%
Operating Profit Margin (Excl OI)
105.40%
138.90%
-3.35%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -11.59% vs -8.30% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -36.92% vs -3.16% in Dec 2023
About NCAB Group AB 
NCAB Group AB
Electronics & Appliances
NCAB Group AB (publ) is a Sweden-based supplier of printed circuit boards (PCB). The Company provides a full-service offer from design support to logistics solutions, with end-to-end accountability. It purchases its products from a network of manufacturers, which are primarily located in China. Also, the Company conducts technical expertise and quality procedures. NCAB Holding AB supplies products to more than 40 markets and serves over 1500 customers.
Company Coordinates 
Company Details
Mariehallsvagen 37 A , BROMMA None : 168 65
Registrar Details






