NHOXF

Nederman Holding AB (publ)

Industrials · $508M market cap

Is NHOXF undervalued?

Share price

$14.50

as of Oct 20, 2026

Fair value

$6.96

Sticker Price

Payback Price

$2.78

buy price

Overpriced

NHOXF is Overpriced: at $14.50 it trades 108% above its fair value of $6.96. Its buy price (Payback Price) is $2.78, 81% below today's price. Business quality is mixed: 2 of 5 key numbers clear the 10% bar.

How we valued it

Free Cash Flow Growth. Reported earnings are shrinking, but free cash flow keeps growing, so we value it on cash flow.

Business quality

2 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth-2.5% a year✗
Equity per share growth6.6% a year✗
Sales growth10.0% a year✓
Free cash flow growth11.0% a year✓
Return on invested capital7.9%✗

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Questions about NHOXF

What is NHOXF's fair value?

$6.96 as of Oct 20, 2026, worked out with the Free Cash Flow Growth. Reported earnings are shrinking, but free cash flow keeps growing, so we value it on cash flow.

At what price would NHOXF be a buy?

At or below its buy price of $2.78, a 60% margin of safety below its fair value.

Is NHOXF undervalued right now?

NHOXF is Overpriced: at $14.50 it trades 108% above its fair value and 421% above its buy price.

How can I check NHOXF's value myself?

Use the free Sticker Price calculator, already filled with NHOXF's numbers. Change the growth, P/E or required return and see what you'd pay. Open the calculator →

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About Nederman Holding AB (publ)

Nederman Holding AB (publ), a leading environmental technology firm based in Sweden, maintains a significant international footprint. The company's operations are divided into four main business areas: Nederman Extraction & Filtration Technology, Nederman Duct & Filter Technology, Nederman Process Technology, and Nederman Monitoring & Control Technology. A core offering involves industrial air filtration products, catering to diverse heavy process sectors such as metal fabrication, power generation, mineral processing, and chemical industries. Additionally, these solutions serve fiber-based production, general process industry operations, and the automotive aftermarket. Through its Nederman Pneumafil brand, the company delivers specialized air filtration products, including gas turbine inlet air filtration systems, as well as filters and related media designed for the power generation and textile industries. For metal machining plants, metal recyclers, and facilities utilizing solid fuel-fired power, the Nederman National Conveyors brand provides systems for metal chip processing and ash handling. Beyond these specialized products, Nederman offers end-to-end services, encompassing the design and engineering of components and systems, manufacturing, assembly, installation, and ongoing after-sales support. The LCI brand contributes advanced technologies to the chemical industry, focusing on liquid evaporation, drying, and filtration, as well as extrusion, spheronization, feeding, and pelleting processes. Furthermore, the company develops sophisticated monitoring and control solutions. This includes gas and dust analyzers leveraging tuneable diode laser absorption spectroscopy, particulate monitors, and smart control systems for filtration and material flow processes. Nederman also innovates, produces, and markets solutions for industrial emissions monitoring, including portable instrumentation. Distribution of its products occurs through a comprehensive network that includes its direct sales force, independent agents, and various resellers. The company, established in 1944, is headquartered in Helsingborg, Sweden.

Industrial - Machinery

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of Oct 20, 2026. How the Payback Price works