Troax Group AB Class A

Troax Group AB Class A

145.20
SEK
-3.80
(-2.55%)
-0.54EPS
6.15BMarket Cap
Oct 29Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.17
1.41
2.23
1.93
2.54
2.68
2.8
2.73
4.21
4.74
4.41
4.65
4.39
4.76
Basic EPS, GAAP
0.04
0.09
0.28
0.27
0.28
0.41
0.41
0.39
0.66
0.61
0.6
0.52
0.22
-0.05
Free Cash Flow per Basic Share
0.16
0.15
0.17
0.22
0.27
0.29
0.34
0.32
0.31
0.67
0.71
0.53
0.39
0.32
Dividend per Share
- -
- -
- -
0.11
0.13
0.13
0.16
0.1
0.2
0.3
0.32
0.34
0.34
- -
Book Value per Share
0.76
0.72
1
1.1
1.15
1.38
1.6
1.9
2.38
2.58
2.87
3.01
2.96
2.65
Tangible Book Value per Share
-0.31
-0.63
-0.39
-0.48
-0.35
-0.09
0.14
0.32
0.78
0.94
0.95
1
0.62
-0.29
Basic Weighted Avg Shares
60
60
47
60
60
60
60
60
60
60
60
60
60
60
Sales/Revenue/Turnover
70
85
104
116
152
161
168
164
252
284
264
279
262
286
Operating Margin (%)
11.84
16.68
20.46
20.97
20.57
20.58
19.93
18.36
20.63
17.37
18.76
16.04
12.63
5.6
Depreciation Expense
- -
2
2
3
- -
3
6
7
10
12
12
15
17
-2
Net Income, GAAP
2
9
14
16
17
24
24
23
40
37
36
31
13
-3
Effective Tax Rate (%)
33.45
15.28
25.19
23.65
33.03
23.95
24
22.8
22.57
23.67
24.69
23.19
24.7
- -
Profit Margin (%)
3.1
10.31
13.22
14.07
11.2
15.14
14.5
14.2
15.77
12.95
13.51
11.23
5.13
-1.01
Working Capital
17
20
22
28
31
41
52
61
78
78
69
69
91
62
LT Debt
49
67
57
76
69
69
80
85
82
72
82
76
139
- -
Total Equity
46
43
60
66
69
83
96
114
143
155
172
180
177
159
Return on Invested Capital (%)
7.4
11.21
14.76
14.94
14.55
16.9
15
12.61
19.04
16.56
15.2
13.12
5.8
- -
Return on Capital (%)
7.69
11.28
15.08
14.97
13.55
17.26
15.3
12.72
19.14
16.76
15.48
13.35
5.45
- -
Return on Common Equity (%)
6.91
12.4
25.17
25.89
25.23
32.13
27.31
22.16
31
24.74
21.83
17.76
7.53
-1.65

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5
- -
- -
LT Borrowings
115
- -
- -
LT Finance Leases
24
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
60
60
60
Market Capitalization
826
527
555

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
142
133
138
Cash, Cash Equivalents & STI
40
25
15
Accounts Receivable, Net
46
75
85
Inventories
27
33
38
Total Current Liabilities
51
66
76
Payables & Accruals
- -
- -
- -
ST Debt
5
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.72%
9.59%
-1.46%
Free Cash Flow
17.48%
14.1%
-26.03%
Net Income, GAAP
5.32%
-1.73%
-57.01%
Sales/Revenue/Turnover
11.01%
11.89%
-5.78%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
71
72
69
67
279
2025
68
69
- -
61
262
2026
72
84
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
0.13
0.15
0.14
0.52
2025
0.09
0.02
- -
- -
0.22
2026
0.03
-0.1
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.34
2025
- -
- -
- -
- -
0.34
2026
- -
- -
- -
- -
- -

Company Description

CEO
Martin Nyström
Full Time Employees
1,132
Sector
Producer manufacturing
Industry
Metal fabrication
Address
P.O. Box 89 Hillerstorp JO Sweden 335 04
IPO Date
Mar 27, 2015
Website
troax.com
Business
Troax Group AB (publ) (TROAX.ST) manufactures and sells metal-based mesh panel solutions for indoor perimeter protection, focusing on machine guarding; warehouse partitioning; property protection; and active safety systems that safeguard people, property, and processes in industrial, logistics, and storage environments. The company provides modular steel mesh panels, partitioning systems, storage cages, mesh shelving, anti-collapse panels for pallet racks, slide protection, conveyor enclosures, server rack enclosures for data centers, and wire tray solutions; it serves integrators, automotive manufacturers, industrial equipment producers, e-commerce, pharmaceuticals, logistics firms, and self-storage operators with customizable, high-quality products emphasizing safety compliance, flexibility, and sustainability. Founded in 1955 and headquartered in Hillerstorp, Sweden, Troax operates globally across more than 40 countries, with manufacturing and distribution in Europe (including the Nordics, UK, and Continental Europe, representing about 70% of sales), the Americas (15%), and Asia (15%), through subsidiaries such as Troax AB and Lagermix Rullportar AB. In recent developments, Troax acquired Safety, Technology & Legislation Limited (ST&L) in December 2024, a UK-based provider of machinery safety assessments, inspections, certification, and training services, enhancing its risk management and compliance offerings; it signed an agreement in October 2025 to acquire Vichnet, China's market leader in machine guarding and wire trays (with 2024 sales of 26 million euros), expected to close by year-end 2025 and broaden its Asia-Pacific presence, particularly in data centers, while remaining accretive to earnings per share; the company also acquired the Flexible Barrier & Safety Mirror business in November 2025, alongside presenting new financial targets for 2030.