GARO AB

GARO AB

11.94
SEK
+0.84
(+7.57%)
-0.92EPS
570.00MMarket Cap
Nov 13Next Earn
GARO AB
IOB:0REY
(London Stock Exchange (International))

Recent

price

11.94

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
SEK
7.66
8.83
11.08
13.16
15.92
18.07
20.16
20.8
25.92
27.81
27.4
23.04
20.87
20.62
Revenue per Share
0.3
0.46
0.92
1.14
1.71
1.65
1.71
1.91
3.33
2.41
0.63
-1.2
-0.35
-0.92
Basic EPS, GAAP
-0.01
0.78
0.8
0.71
- -
1.01
1.82
0.95
1.53
-0.62
-1.65
-1.11
0.93
0.65
Free Cash Flow per Basic Share
0.16
0.4
0.4
0.41
0.58
0.81
0.81
- -
0.95
1.4
0.8
- -
- -
- -
Dividend per Share
2.65
2.71
3.14
3.89
5.05
5.92
6.86
8.61
11.03
12.28
12.19
11.11
10.59
9.92
Book Value per Share
2.39
2.51
2.97
3.72
4.06
4.82
5.51
6.73
8.86
9.73
9.27
8.57
8.42
7.54
Tangible Book Value per Share
50
50
50
50
50
50
50
50
50
50
50
50
50
50
Basic Weighted Avg Shares
383
442
554
658
796
904
1,008
1,040
1,296
1,391
1,370
1,152
1,044
1,031
Sales/Revenue/Turnover
5.74
8.85
11.5
11.22
12.32
14.25
13.38
15.69
18.75
10.99
2.42
-4.87
-0.78
-4.19
Operating Margin (%)
10
9
12
11
12
15
22
27
36
36
49
56
54
53
Depreciation Expense
15
23
46
57
86
83
86
95
167
121
31
-60
-17
-46
Net Income, GAAP
29.58
37.94
22.77
21.7
10.74
21.76
22.16
22.5
20.01
21.45
34.52
- -
- -
- -
Effective Tax Rate (%)
3.92
5.18
8.27
8.67
10.75
9.15
8.5
9.17
12.86
8.67
2.28
-5.22
-1.68
-4.47
Profit Margin (%)
93
92
110
144
140
170
190
253
355
321
260
264
202
265
Working Capital
23
15
12
11
38
36
66
59
53
99
78
115
48
44
LT Debt
132
136
157
194
253
296
343
430
552
614
610
556
529
496
Total Equity
- -
13.29
25.11
27.08
30.08
24.74
21.53
21.94
28.61
16.58
3.97
- -
- -
- -
Return on Invested Capital (%)
- -
13.69
26.63
28.89
31.06
24.5
22.82
21.05
29.93
17.37
4.78
- -
- -
- -
Return on Capital (%)
- -
17.09
31.31
32.45
38.29
30.13
26.81
24.67
33.96
20.68
5.12
-10.32
-3.23
-8.87
Return on Common Equity (%)

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
209
179
174
LT Borrowings
15
62
14
LT Finance Leases
34
32
29
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
50
50
50
Market Capitalization
850
565
570

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
623
637
739
Cash, Cash Equivalents & STI
17
17
6
Accounts Receivable, Net
212
221
238
Inventories
315
314
315
Total Current Liabilities
421
404
474
Payables & Accruals
- -
- -
- -
ST Debt
209
179
174
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.76%
5.04%
-4.7%
Free Cash Flow
5,039.2%
-25.62%
-183.57%
Net Income, GAAP
-30.37%
-77.98%
-70.88%
Sales/Revenue/Turnover
7.31%
1.02%
-9.42%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
293
306
269
284
1,152
2025
265
267
251
261
1,044
2026
246
272
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.16
-0.18
-0.84
-0.03
-1.2
2025
0.01
-0.17
-0.09
-0.09
-0.35
2026
-0.34
-0.41
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Garo Aktiebolag (publ) is a Sweden-based company primarily engaged in the development, manufacturing, and marketing of electrical installation products and systems. Its core product offerings include circuit breakers; residual current devices (RCDs); power distribution boards; safety devices; connectors and cable management systems; and smart electrical solutions designed for residential, commercial, and industrial applications. The company serves a diverse customer base that includes electrical wholesalers, contractors, and industrial clients across the Nordic region and select international markets. Founded in 1939, Garo is headquartered in Skene, Sweden. The company operates mainly in Sweden, Norway, Finland, and Denmark, with a focus on expanding its presence in the Nordic electrical market. Garo’s product portfolio emphasizes safety, energy efficiency, and innovation in electrical installations. It also provides related services such as design support and after-sales service aimed at optimizing electrical system reliability and performance. In recent years, Garo has undertaken strategic initiatives to strengthen its market position, including launching new smart electrical products and enhancing its digital solutions for energy management. The company actively pursues partnerships to broaden its product range and improve sustainability in its offerings. These efforts reflect Garo’s ongoing commitment to innovation and adapting to emerging trends in the electrical industry. No major name changes or reorganizations have been identified within the last 1-2 years. Overall, Garo Aktiebolag is a well-established player in the electrical installation product industry focused on delivering comprehensive, high-quality solutions with an emphasis on safety and smart technology for the Nordic markets. It maintains a strong regional footprint with initiatives designed to enhance its product lifecycle and customer engagement.