Privacy preferences
Inderes uses cookies to provide a better user experience and a personalised service. By consenting to the use of cookies, we can develop an even better service and will be able to provide content that is interesting to you.
  • Forum
  • Stock Markets
    • MarketsLive prices, indices, and market performance
    • Stock CalendarUpcoming earnings, listings, and corporate events
    • Dividends CalendarFuture and past dividends
  • Companies
    • CompaniesBrowse and filter the full list of listed companies
    • DiscoveryInspiration for your next investment
    • IPOsNew listings and upcoming public offerings
    • AGM InvitationsAnnual general meeting dates and shareholder info
  • Stock Research
    • ResearchExpert stock analysis and recommendations
    • ArticlesNews, insights, and market commentary
    • inderesTVVideo hub for stock research, analysis, and expert commentary
    • TranscriptsFull text records of earnings calls and investor meetings
    • Stock ComparisonCompare financials and performance across multiple stocks
    • Earnings SeasonCompare EPS estimates to reported results
    • Compound Interest CalculatorSee how your savings grow with the power of compound interest.
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer

Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

NYAB

7.67 SEK-0.13 %25.9, 17.29
4,121 following

NYAB

First North Stockholm

Multi

Energy

Overview
Financials & Estimates
Ownership
Dividend
Investor views
Compare
-0.13 %
+11.32 %
+33.16 %
+30.89 %
+27.20 %
+13.46 %
+18.68 %
+35.30 %
-80.39 %

NYAB provides services within engineering, construction and maintenance with a focus on sustainable infrastructure and renewable energy. The offering includes roads, railways, bridges, airports, wind and solar power and power grids. NYAB also provides various types of facilities for industrial customers. NYAB operates in Sweden and Finland in both the private and public sectors.

Read more
Market cap
5.47B SEK
Turnover
4.75M SEK
P/E (adj.) (26e)
13.47
EV/EBIT (adj.) (26e)
9.6
P/B (26e)
2.04
EV/S (26e)
0.66
Dividend yield-% (26e)
2.06 %
Coverage
Recommendation
Buy
Target price
8.40 SEK
Updated
14.08.2026
Disclaimer
Christoffer Jennel
Christoffer Jennel

Analyst

Latest research

Latest analysis report

Released: 14.08.2026

Latest extensive report

Released: 03.04.2025

Revenue and EBIT-%
EPS and dividend
Financial calendar
Risk
Business risk
Valuation risk
Low
High
All
Research
Webcasts
Press releases
3rd party
ShowingAll content types

Forum discussions
Here are Christoffer’s quick comments on NYAB’s Q2 results NYAB’s Q2 report clearly exceeded our expectations regarding both revenue and earnings, as early-stage projects transitioned to the implementation phase faster than anticipated. In our view, the most significant positive ...
8/13/2026, 6:40 AM
by Sijoittaja-alokas
5
NYAB has won a major power line contract and here are Christoffer’s comments on it NYAB has signed an agreement with Svenska kraftnät for the second phase of the Letsi-Svartbyn cooperation project, with a value of approximately SEK 1.6 billion (~ EUR 142 million). The contract covers...
9/23/2026, 8:50 AM
by Sijoittaja-alokas
3
Christoffer has written a new company report on NYAB following their Q2 results NYAB’s Q2 results clearly exceeded our forecasts in terms of both revenue and profitability. As we had predicted, revenue growth accelerated significantly as the record-high infrastructure construction...
8/14/2026, 7:56 AM
by Sijoittaja-alokas
2
A slightly slower period in May if you look at the share price, but at the same time it performed strongly in April We’ll see if we can create a bit less volatility going forward; it feels like, despite a strong foundation, it swings a lot on news. While this phase 2 order was expected...
7/3/2026, 9:49 AM
by Jesper Hagman
2
Here are Christoffer’s preview comments as NYAB reports its earnings next Thursday After a quiet start to the year, we expect revenue growth to accelerate as early-stage projects transition to the execution phase. We also expect growth in volumes and an increased share of projects...
8/4/2026, 6:08 AM
by Sijoittaja-alokas
1
Here is Lucas’s comment regarding the largest contract in NYAB’s history. Through its 50/50 joint venture established with AZVI, NYAB has received an order from the City of Uppsala for the second phase of the Uppsala tramway project. The total value of the implementation phase is...
7/3/2026, 5:02 AM
by Sijoittaja-alokas
1
Here is the company report on NYAB from Christoffer following the Q1 results NYAB’s Q1 report fell short of our forecasts in terms of both revenue and profitability. Although our forecast miss was significant, we believe the underlying development was more constructive than the report...
5/8/2026, 6:33 AM
by Sijoittaja-alokas
1
Read more on our forum
Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
4.11
2026

Interim report Q3'26

Third party research23.09.2026, 11.10

NYAB: A powerful addition to the order book - ABG

* Signs Phase 2 with Svenska kraftnät worth SEK 1.6bn * We expect consensus to raise 2027e-2028e EBIT by 5-10% * Share has done well, but still trades at 9x EBIT 2027e Largest power line project to date, with limited price risk NYAB announced this morning...

NYAB
NYAB secures major 1.6 BSEK power line contract
Analyst Comment23.09.2026, 08.16 by
Christoffer Jennel

NYAB secures major 1.6 BSEK power line contract

Securing the 1.6 BSEK execution phase for the Letsi-Svartbyn project further de-risks the growth trajectory through 2029.

NYAB
Press release23.09.2026, 07.30

NYAB AB: NYAB signs agreement with Svenska kraftnät for main grid expansion

NYAB

Join Inderes community

Don't miss out - create an account and get all the possible benefits

Inderes account
Followings and notifications on followed companies
Analyst comments and recommendations
Stock comparison tool & other popular tools
Create account
Analyst Comment21.09.2026, 09.36 by
Aapeli Pursimo

Onshore wind power construction in Finland has remained on a cautious path

Based on the update published by Renewables Finland at the end of August 2026, a few new onshore wind power projects have been launched in Finland over the past year.

Enersense InternationalGRK InfraEltelNYAB
Third party research17.09.2026, 07.36

NYAB: ABGSC’s Small Mid Cap Seminar - ABG

* We hosted CEO Johan Larsson * Strong market conditions while NYAB continues to gain share * >20% earnings growth both R12m and F12m at 10x EBIT Strong outlook intact We hosted NYAB's co-founder and CEO, Johan Larsson at ABGSC's Small & Mid Cap Seminar...

NYAB
Analyst Comment03.09.2026, 09.15 by
Atte Jortikka, Tommi Saarinen, Christoffer Jennel

Case: Data centers jump-starting construction

We estimate that data center construction is partly filling the gap left in the construction market by the decline in residential construction in recent years.

Kreate GroupYITSRV GroupGRK InfraSitowise GroupTekovaLapWallConstiNYABEltelEnersense International
Third party research14.08.2026, 10.24

NYAB: Delivering on its promises - ABG

* Another strong report with org. sales +19% and EBIT +45% * '26e-'28e EBIT and EPS raised by 9-12% and 18-19% * Strong outlook with 26% EBIT growth in H2e Strong growth to continue NYAB delivered a strong Q2 (19% organic growth) with some catch-up from...

NYAB
NYAB Q2'26: Execution kicks in, thesis well on track
Research14.08.2026, 07.30 by
Christoffer Jennel

NYAB Q2'26: Execution kicks in, thesis well on track

NYAB's Q2 results came in clearly above our estimates on both revenue and profitability.

NYAB
NYAB, Audiocast, Q2'26
Webcast13.08.2026, 10.00

NYAB, Audiocast, Q2'26

NYAB
Third party research13.08.2026, 09.51

NYAB: Strong earnings beat, +27% vs cons - ABG

* EBIT was 35% better than ABGSC and 27% vs cons * Order backlog +18% y-o-y, plus major Uppsala tram order supports growth * We expect estimates to be revised up 5-6% on the Q2 numbers Q2 results NYAB delivered a strong report with sales of EUR 162m,...

NYAB
NYAB Q2'26 flash comment: A clean beat on volumes and margins
Analyst Comment13.08.2026, 08.38 by
Christoffer Jennel

NYAB Q2'26 flash comment: A clean beat on volumes and margins

NYAB's Q2 results clearly exceeded our expectations on both the top and bottom lines.

NYAB
Regulatory press release13.08.2026, 07.30

NYAB AB Interim Report January-June 2026: Strong growth and improved margins

NYAB
Press release12.08.2026, 15.40

NYAB AB: NYAB awarded contract for the construction of a 400 kV substation in Forssa

NYAB
Press release06.08.2026, 08.00

NYAB AB: Invitation to the presentation of NYAB's Q2 Report 2026

NYAB
NYAB Q2'26 preview: Acceleration on the horizon as execution ramps up
Analyst Comment04.08.2026, 07.30 by
Christoffer Jennel

NYAB Q2'26 preview: Acceleration on the horizon as execution ramps up

We expect revenue growth to accelerate as early-phase projects transition into execution, along with improved profitability.

NYAB
Press release06.07.2026, 11.00

NYAB AB: NYAB to expand A-Train's depot for train maintenance

NYAB
NYAB: Laying the tracks for long-term growth
Analyst Comment03.07.2026, 06.00 by
Lucas Mattsson

NYAB: Laying the tracks for long-term growth

A record 6.5 BSEK tramway order exceeds previous estimates and secures revenue visibility until 2034.

NYAB
Regulatory press release02.07.2026, 14.00

NYAB AB: NYAB receives Phase 2 order for the Uppsala tramway project

NYAB
NYAB signs early works agreement for SSAB logistics facility
Analyst Comment02.07.2026, 06.00 by
Lucas Mattsson

NYAB signs early works agreement for SSAB logistics facility

Early works agreement with SSAB provides a strategic foothold for larger infrastructure contracts in Luleå.

NYAB
Regulatory press release01.07.2026, 11.30

NYAB AB: NYAB enters into Early Works Agreement with SSAB for a steel coil logistics facility in Luleå

NYAB