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Karnell Group AB ser. B stock

KARNEL-B.STSTO

IndustrialsISIN SE0017832173

$9.24▼ $0.07 (−0.8%)Closing price of 12 Nov 2026

71Score 71 out of 100, Strong

Turn on early warning

Price and trend

72 / 100

Price history

+31% in one year

The chart shows daily closes over 3 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.

Long-term trend

Above the 200-day line: the price is 14% above it.

Trend change

Since May 2026 the 50-day line has been above the 200-day line; the trend has turned up.

Momentum

Normal: the price is neither overheated nor sold off (RSI 56).

Distance to the high

The price is 16% below its 52-week high. Largest decline in 3 years: 31% (June 2024 to December 2024).

Chart figures for advanced users
SMA 50$9.80
Average price of the last 50 trading days, shows the short-term trend.
SMA 200$8.12
Average price of the last 200 trading days, shows the long-term trend.
RSI (14)56
Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
MACDabove the signal line
Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
Support$5.80
The lowest closing price of the last twelve months.
Resistance$10.97
The highest closing price of the last twelve months.
Market cap
$497.04M
Div. yield
no dividend
30.9
Fair value
$10.64

Snapshot

Computed from the data by fixed rules, no AI

  • Karnell Group AB ser. B belongs to the Conglomerates industry (Sweden) and, with a market value of $493.28M, is number 52 of 55 companies in its industry on MEQIRI.
  • In fiscal 2025 it reported revenue of $170.8M (up 20.3% year on year) and earnings of $14.25M (up 82.6%).
  • MEQIRI Score 71 out of 100 (Strong): rank 165 of 1023 in Industrials, median 61.
Show more
  • The P/E is 30.6 (Conglomerates median 20.7, own median of recent years 27).
  • Our model puts fair value at $10.64, with the price 12% below it.

In plain words

The numbers on this page in plain words, written by an AI

Strengths

  • Growing faster than its industryRevenue up 41.6% a year since 2021, Conglomerates median 11.6%.Growth 100
  • Earnings per share growingUp 40.1% a year since 2022.Growth 100
  • Earnings turn into cashFree cash flow 189% of earnings over the last 12 months.Fundamentals 90

Weaknesses

  • DilutionShare count up 34% since 2021.Capital allocation 39
71/ 100
MEQIRI Score
Strong

Its standout strengths are growth and fundamentals, while capital allocation holds the score back.

Daily figure as of 12 Nov 2026

How the score is calculated

Score overview

Score since yesterday from 70 to 71.

Fundamentals are strong, with stable profits and strong cash generation.

Profit consistency100% of years
Cash conversion (free cash flow to earnings, 12 months)189%
ROIC (12 months)11.6%
Positive free cash flow100% of years
How this category is measured

Score history

The full history of up to 20 years comes with MEQIRI Pro.

See plans

Crash risk medium

How well MEQIRI warns

In the middle among smaller stocks.

From 2016 to 2025, 20 in 100 such stocks fell 30% or more within a year, against a group average of 23 in 100.

What drives the risk

  • high growth grade (crashed more often in the backtest)

What lowers it

  • solid fundamentals

Valuation

Valuation signal

Fairly valued
Price
$9.31
Fair value
$10.64
Gap to fair value
−12%

Closing price of 11 Nov 2026, used by the daily score.

In our model the price counts as cheap below $7.60 and expensive above $17.73 (uncertainty high, one part of the fair value is more than twice the other).

The two parts of the fair value come to $15.04 (cash-flow model) and $6.23 (industry comparison), and the gap between them shows how uncertain the estimate is.

Calculated with a cost of equity of 7.2%. At 8.2% the fair value would be $9.30, at 6.2% it would be $12.64.

Valuation metrics

1.98
13.6
Fair value (model)
$10.64
Earnings part $6.23 (earnings per share $0.30 × 20.7)

Half from the cash-flow model, half from earnings times the industry P/E (20.7).

Calculate with your own assumptions

Company performance

This shows several years of history with an automatic assessment.

Revenue

5 years

In the twelve months to 30 Sep 2026, revenue rose 27.7% on the twelve months before. Revenue has grown strongly since 2021, at around 42% per year.

Margins

5 years
  • Gross margin
  • Operating margin
  • Net margin

In fiscal 2025: gross 30%, operating 12%, net 8%.

Debt & balance sheet

latest quarter
0.6
6x
2.22
Cash & equivalents
$18.96M

Moderate debt, and interest is adequately covered.

Earnings

Next earnings
23 Feb 2027in 103 days
Last reported
23 Oct 2026EPS reported $0.09 (expected $0.09)below expectations

Analyst estimates

Fiscal 20261 analyst
Earnings per share
$0.51+18.8%
Revenue
$221.92M+4.8%
Fiscal 20271 analyst
Earnings per share
$0.52+18.5%
Revenue
$231.38M+5.0%

MEQIRI has stored the estimates since 15 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.

What happened at Karnell Group AB ser. B

The key events of the last six months from our own data. A click takes you to the matching card.

Sector comparison

1023 rated companies in Industrials

Rank 165 of 1023
165/ 1023
This company
71
Sector median
61

Categories against the sector median

ProfitabilityMedian of 1,023 companies56 (median 53)3 above the median
GrowthMedian of 1,023 companies100 (median 63)37 above the median
FundamentalsMedian of 1,023 companies90 (median 71)19 above the median
ValuationMedian of 977 companies with a value57 (median 64)7 below the median
StabilityMedian of 1,023 companies69 (median 65)4 above the median
Capital allocationMedian of 1,023 companies39 (median 55)16 below the median
Technical analysisMedian of 1,023 companies72 (median 60)12 above the median
MomentumMedian of 1,023 companies68 (median 59)9 above the median

The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.

Competitors in Conglomerates

The next larger and next smaller companies by market value

All 55 Conglomerates stocks

Data status and sources

Score
Daily value of 12 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Currency
Amounts in US dollars, converted at the ECB reference rate of 11 Nov 2026 ($1 = SEK 9.9317)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong since 11 Nov 2026, previously Neutral
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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