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NYAB

6.09 SEK

+1.33 %

4,091 following
Corporate customer

NYAB

First North Stockholm

Multi

Energy

+1.33 %
+0.66 %
+1.00 %
+1.67 %
-15.77 %
+19.65 %
-35.13 %
+7.43 %
-84.43 %

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.

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Market cap
4.34B SEK
Turnover
8.3M SEK
P/E (adj.) (26e)
12.89
EV/EBIT (adj.) (26e)
8.41
P/B (26e)
1.76
EV/S (26e)
0.57
Dividend yield-% (26e)
2.44 %
Coverage
Recommendation
Buy
Target price
8.00 SEK
Updated
13.02.2026
Disclaimer
Aapeli Pursimo
Christoffer Jennel
Christoffer Jennel, Aapeli Pursimo
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Latest research

Latest analysis report

Released: 13.02.2026

Latest extensive report

Released: 03.04.2025

Revenue and EBIT-%

Revenue M

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
21.4
2026

General meeting '26

22.4
2026

Annual dividend

7.5
2026

Interim report Q1'26

Risk
Business risk
Valuation risk
Low
High
ShowingAll content types
Third party research

NYAB: 18% EBIT growth '26e, with potential upside - ABG

* We cut 2026e EBIT 4%, 2027e unchanged * Potential for large order signings near-term * Reiterate fair value range of SEK 6-9 per share We forecast 18% EBIT growth in 2026 NYAB delivered another solid report, with 10% organic growth. The margin was ...

NYAB
NYAB Q4'25: Quality at a deep discount
Research by
Christoffer Jennel

NYAB Q4'25: Quality at a deep discount

NYAB delivered Q4 revenues in line with our estimate, while EBIT surpassed our estimates, with management commentary indicating that utilization of the expanded workforce has normalized sooner than we anticipated.

NYAB
Third party research

NYAB: EBIT in line, organic growth remains good - ABG

* Adj. EBIT 1% vs consensus * 10% organic growth, order book +18% y-o-y * We expect estimates to be relatively unchanged Q4 results Sales EUR 155m (0% vs ABGSCe 155m and -1% vs cons 155m), +32% y-o-y whereof 10% organic (ABGSC 8%). EBIT 13m (-2% vs ABGSCe...

NYAB

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NYAB divests North American Dovre units
Analyst Comment by
Christoffer Jennel

NYAB divests North American Dovre units

The divestment is expected to support NYAB's margin profile, as the North American operations have historically performed below the profitability levels of other units within the Consulting segment.

NYAB
Forum discussions
NYAB Strengthens Its Position in Swedish Grid Expansion NYAB announced that they have signed a cooperation agreement with Svenska kraftnät for the construction of a new 400 kV power line of approximately 100 kilometers between Letsi and Svartbyn in Norrbotten. The project will be...
11/13/2025, 7:22 AM
by Jesper Hagman
9
Hi @hermoheikko69, thanks for the question and Happy New Year! The fact that NYAB is being removed from the Nasdaq First North 25 index (starting January 2, 2026) does not mean that the stock will be harder to trade or similar; it just means that it is no longer included in that ...
12/30/2025, 8:44 AM
by Christoffer Jennel
7
Hello everyone! We have recorded an analyst interview about NYAB, however, in Swedish. But for everyone who wants to, you can watch it here: Analytikerintervju: Spotify & NYAB - Inderes
11/7/2025, 1:31 PM
by Jesper Hagman
3
And here are Christoffer’s more comprehensive comments in the form of a company report. NYAB’s Q4 revenue was in line with our forecast, while the operating profit exceeded our expectations. According to comments from the company’s management, the utilization rate of the expanded...
2/13/2026, 7:33 AM
by Sijoittaja-alokas
1
Here are Christoffer’s comments on NYAB’s small acquisition. NYAB announced on Friday that its subsidiary NYAB Finland Oy has signed an agreement to acquire the infrastructure business of TerraWise Oy. The acquisition is NYAB’s first in the Helsinki metropolitan area and is in line...
1/30/2026, 3:57 PM
by Sijoittaja-alokas
1
Christoffer has written his commentary as NYAB signed a new railway contract in Sweden. NYAB announced on Friday that it has signed an agreement with the Swedish Transport Administration (Trafikverket) for the modernization of the Silverhöjden railway line between Ställdalen and ...
1/23/2026, 9:02 AM
by Sijoittaja-alokas
1
Christoffer has written about NYAB’s new contract. NYAB announced on Thursday that it had signed an agreement with the Swedish Transport Administration (Trafikverket) for the modernization of railways in Dalarna, Sweden. The contract is valued at approximately SEK 380 million (EUR...
12/5/2025, 6:56 AM
by Sijoittaja-alokas
1
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