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AB Volvo (publ) VOLV-A.ST

SE · Nasdaq Stockholm · XSTO · stock · Industrials · website

AB Volvo (publ) statistics & valuation

Market capkr 686.9B
P / E19.9×
P / S1.4×
P / B3.9×
P / FCF35.3×
Net margin7.2%
FCF margin4.1%
Net debtkr 182.2B
Enterprise value USD$34.3B
Earnings yield EBIT/EV5.7%
Return on capital12.9%
Graham number +16.3%kr 392.78

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (kr 392.78); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
6.90% 9.00% 9.60% 7.20% 2022202320242025
Gross margin (%)
23.60% 27.10% 27.30% 24.40% 2022202320242025
Operating margin (%)
10.50% 14.60% 13.20% 10.30% 2022202320242025
Return on equity (%)
20.10% 28.00% 26.00% 19.30% 2022202320242025
Shares outstanding
440.7M 440.7M 440.7M 440.7M 2022202320242025
Net debt (kr )
kr 137.96B kr 159.99B kr 185.58B kr 182.24B 2022202320242025
Share buybacks (kr )
2022202320242025
Return on assets (%)
5.20% 7.40% 7.10% 5.30% 2022202320242025
Free cash flow margin (%)
1.60% 0.50% 5.30% 4.10% 2022202320242025
Debt / equity (×)
1.26× 1.31× 1.33× 1.38× 2022202320242025
EPS (kr )
kr 16.09 kr 24.50 kr 24.78 kr 16.94 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

AB Volvo (publ) trades at about 19.9× earnings — above its 10-year norm (10-year range 10.5×–19.1×, median 13.5×).

10.5× 19.9×

Shaded band = 10-year range (10.5×–19.1×); dot = today's 19.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin24.4%27.3%27.1%23.6%
Operating margin10.3%13.2%14.6%10.5%
Net margin7.2%9.6%9.0%6.9%
FCF margin4.1%5.3%0.5%1.6%
Return on assets5.3%7.1%7.4%5.2%
Return on equity19.3%26.0%28.0%20.1%
Debt / equity0.73×0.78×0.74×0.80×
Current ratio1.151.281.241.28

Computed from company filings · SE · as of 2025-12-31. Figures in SEK. Facts plus Stocktoria's own computed scores — not investment advice.