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AQ Group AB (publ)

AQ Group AB (publ)

AQ.ST
AQ Group AB (publ)SE flagStockholm Stock Exchange
214.80
SEK
-5.00
- -
19.70BMarket Cap
AQ Group AB (publ)
AQ.ST
(Stockholm Stock Exchange)

Recent

price

214.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
21.25
24.16
24.01
28.09
29.02
32.51
36.37
44.45
51.02
55.89
52.68
59.81
77.11
98.04
93.52
99.03
95.21
Revenue per Share
0.77
1.04
1.09
1.37
1.66
1.89
2.6
2.25
1.65
2.85
3.44
4
4.48
6.91
7.27
7.38
7.16
Basic EPS, GAAP
0.61
0.63
- -
0.95
2.53
0.94
1.9
0.46
0.13
3.24
5.32
0.5
-0.87
7.93
11.03
7.42
9.76
Free Cash Flow per Basic Share
0.22
0.22
0.26
0.26
0.32
0.4
0.45
0.56
0.55
0.55
- -
- -
0.67
0.67
1.33
1.59
1.6
Dividend per Share
6.63
7.39
8.39
9.5
10.82
12.3
14.42
16.11
17.03
19.33
22.78
26.76
30.59
36.84
42.71
48.44
44.99
Book Value per Share
6.78
7.6
7.73
8.9
10.76
11.05
13.61
15.66
14.71
15.8
18.41
22.96
28.87
35.62
42.13
45.05
42.42
Tangible Book Value per Share
89
89
90
90
90
90
90
90
91
91
91
91
91
91
91
92
91
Basic Weighted Avg Shares
1,901
2,150
2,162
2,527
2,616
2,932
3,289
4,020
4,667
5,113
4,819
5,471
7,053
8,968
8,554
9,071
8,709
Sales/Revenue/Turnover
5.1
5.26
4.19
5.69
6.36
6.01
7.75
5.88
3.56
6
7.43
7.53
6.92
9.14
9.82
9.38
9.52
Operating Margin (%)
39
45
46
49
60
61
83
97
112
220
234
234
261
288
306
337
322
Depreciation Expense
69
93
99
123
150
170
235
204
151
261
315
366
410
632
665
676
655
Net Income, GAAP
23
21.57
16.82
21.32
19.38
19.5
15.63
20
23.08
18.21
13.82
16.55
14.32
15.98
19.3
18.53
20.02
Effective Tax Rate (%)
3.62
4.32
4.56
4.86
5.73
5.81
7.15
5.07
3.24
5.1
6.54
6.69
5.81
7.05
7.77
7.45
7.52
Profit Margin (%)
449
509
511
583
710
771
915
972
915
962
1,222
1,714
2,257
2,445
2,960
2,883
2,902
Working Capital
22
9
22
7
3
121
108
13
17
442
406
632
861
513
520
291
517
LT Debt
625
691
784
885
1,055
1,170
1,463
1,643
1,783
2,015
2,191
2,628
3,180
3,761
4,410
4,687
4,468
Total Equity
10.81
11.9
8.17
10.05
11.09
10.38
13.16
10.11
6.01
9.49
10.18
10.37
10.66
15.65
14.05
13.25
13.35
Return on Invested Capital (%)
10.95
13.55
11.69
11.85
13.64
13.64
16.24
12.33
8.32
11.54
11.8
12.24
11.97
16.73
15.95
14.63
14.43
Return on Capital (%)
12.11
14.85
13.95
15.27
16.4
16.34
19.5
14.76
10.02
15.69
16.36
16.15
15.63
20.49
18.28
16.2
16.96
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
115
171
152
LT Borrowings
309
491
517
LT Finance Leases
211
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
91
91
91
Market Capitalization
12,806
14,635
16,538

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
4,418
4,574
4,636
Cash, Cash Equivalents & STI
919
914
888
Accounts Receivable, Net
1,844
1,932
2,058
Inventories
1,443
1,474
1,437
Total Current Liabilities
1,458
1,706
1,734
Payables & Accruals
- -
- -
- -
ST Debt
115
171
152
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.04%
16.55%
6.28%
Free Cash Flow
111.64%
-272.83%
-32.61%
Net Income, GAAP
18.16%
17.85%
1.65%
Sales/Revenue/Turnover
12.53%
14.2%
6.04%
Total Cash Common Dividend
- -
- -
19.67%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,225
2,254
1,949
2,126
8,554
2025
2,290
2,344
2,323
- -
9,071
2026
2,358
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.01
1.97
1.6
1.69
7.27
2025
1.81
2.06
1.84
- -
7.38
2026
1.95
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
1.33
- -
- -
1.33
2025
- -
1.6
- -
- -
1.59
2026
- -
- -
- -
- -
- -
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Business
AQ Group AB (publ) is a Sweden-based industrial company specializing in the development, manufacturing, and assembly of components and systems for demanding industrial customers globally. The company's core products and services include transformers; inductive components; wiring systems; mechanical components such as punched sheet metal and injection-molded thermoplastics; power and automation solutions; and assembly of complete machines. AQ Group serves diverse industries including electrification, renewable energy, railway, defense, marine, food and beverage, medical, and traffic infrastructure, operating primarily in more than 50 countries across Europe, North America, and Asia. Founded in 1994 and headquartered in Västerås, Sweden, AQ Group has about 8,000 employees with a significant share based in growth countries outside Sweden. Recent major company developments include a series of acquisitions aimed at expanding technological capabilities and market reach. Notably, in 2024-2025, AQ Group acquired UK-based Rockford Components Limited, as well as German companies mdexx inductive electronics GmbH, Michael Riedel Transformatorenbau GmbH, and mdexx Magnetronic Devices entities in Germany and Czech Republic, strengthening its position in inductive components and transformer manufacturing. The company also made significant investments to expand production and testing capabilities for transformers and inductors, especially targeting data centers, with operations expanded in the Czech Republic, Hungary, China, the US, and Bulgaria. Strategic focus remains on electrification, renewable energy, defense technology, and railways, supported by increased deliveries to defense customers in Europe and the US. Additionally, AQ Group relocated its inductive components factory in Estonia to larger premises and enhanced sustainability efforts by integrating solar power into production facilities. AQ Group operates through two business segments: Components, which covers injection molding, precision stamping, inductive components, wiring systems, and mechanical parts; and Systems, which provides power and automation solutions and assembles complete machines tailored for industrial customers. The company’s broad product portfolio and recent investments position it as a leading supplier for electrification and energy storage markets. Listed on Nasdaq Stockholm’s main market since 2017, AQ Group maintains a consistent growth trajectory with an annual turnover around €770 million and increasing focus on custom and technologically advanced solutions for sustainable industrial applications. This description captures AQ Group's comprehensive offering in electrical and mechanical industrial components and systems, recent strategic acquisitions, expansions in key markets, and its founding and operational profile as of 2025.