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    Industrial - Machinery
Troax Group AB (publ)

Troax Group AB (publ)

TROAX.ST
Troax Group AB (publ)SE flagStockholm Stock Exchange
105.80
SEK
-2.80
- -
6.33BMarket Cap
Troax Group AB (publ)
TROAX.ST
(Stockholm Stock Exchange)

Recent

price

105.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.03
1.21
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
4.54
Revenue per Share
0.03
0.12
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
0.4
Basic EPS, GAAP
0.12
0.17
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
0.68
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.11
0.13
0.13
0.16
0.1
0.2
0.3
0.32
0.34
0.34
- -
Dividend per Share
0.16
0.28
0.04
0.18
0.57
0.62
0.85
1.12
1.36
1.64
2.11
2.3
2.72
2.9
2.79
- -
Book Value per Share
-0.14
-0.01
-0.31
-0.63
-0.51
-0.48
-0.35
-0.09
0.14
0.32
0.78
0.94
0.95
1
0.62
0.78
Tangible Book Value per Share
60
60
60
60
47
60
60
60
60
60
60
60
60
60
60
60
Basic Weighted Avg Shares
62
73
70
85
104
116
152
161
168
164
252
284
264
279
262
273
Sales/Revenue/Turnover
8.43
15.99
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
12.87
Operating Margin (%)
3
3
- -
2
2
3
- -
3
6
7
10
12
12
15
17
-1
Depreciation Expense
2
7
2
9
14
16
17
24
24
23
40
37
36
31
13
24
Net Income, GAAP
47.74
27.7
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
22.98
Effective Tax Rate (%)
2.69
10.18
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
8.73
Profit Margin (%)
13
10
17
20
22
28
31
41
52
61
78
78
69
69
91
53
Working Capital
29
17
49
67
57
76
69
69
80
85
82
72
82
76
139
- -
LT Debt
9
17
46
43
60
66
69
83
96
114
143
155
172
180
177
169
Total Equity
- -
22.05
8.21
11.46
13.98
14.35
14.89
17.04
15.23
12.28
18.91
16.48
15.1
13.02
8.46
16.3
Return on Invested Capital (%)
- -
23.99
11.53
17.87
21.29
19.69
16.27
19.54
16.85
13.83
20.68
18.1
16.38
13.76
5.61
12.46
Return on Capital (%)
- -
55.78
22.49
86.24
69.96
50.99
38.58
41.35
32.84
25.86
35.37
27.86
23.77
18.59
7.89
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
4
- -
- -
LT Borrowings
70
- -
- -
LT Finance Leases
5
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
60
60
60
Market Capitalization
1,171
962
769

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
118
120
115
Cash, Cash Equivalents & STI
30
29
25
Accounts Receivable, Net
47
61
60
Inventories
29
30
30
Total Current Liabilities
49
47
62
Payables & Accruals
- -
- -
- -
ST Debt
4
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

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

FRC

•

in mil. unless spec.

Year

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

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
0.12
0.15
0.14
0.52
2025
0.09
0.02
- -
- -
0.22
2026
0.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

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