Scandinavian Astor Group AB

Recommendation

Buy

Price Target

SEK 57.00

Upside

131.00%

Chart
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SEK 24.68

-€0.77 (-3.02%)
Realtime-Data from 23.09.2025 15:43:54

Scandinavian Astor Group is a Swedish defense group. The group has three business areas: Astor Tech, Astor Industry and Astor Protect. Within Astor Industry, the companies mainly function as a subcontractor of components to large companies in the defense industry but also other large industries. Astor Tech delivers advanced systems and products aimed solely at the defence and security industry through framework or agency agreements, primarily to government agencies. Astor Protect delivers advanced security and survival solutions for critical environments, with products and services in personal protective equipment, rescue equipment and tactical security systems for both public and private actors.

Astor Group consists of: Oscilion, Marstrom Composite, JPC Composite, Composite Design Sweden, Carbonia Composites, Mikroponent, Welas, Airsafe Sweden , Scandiflash, Ammunity and Nordic Shield Group.

ISIN
SE0019175274
Market Cap
SEK 1.52B
Enterprise Value
SEK 1.56B
26 week avg vol.
2530230
Primar Exchange
Nordic Growth Market
IPO
2024
Sector
Technology Hardware & Equipment
Headquarters
Kista, SE
Employees
18
Incorporated
2006
CEO
Matthias Hjorth
Free Float
75.83%
Anders Danielsson
9.82%
Nordnet Pension
5.90%
Avanza Pension
5.65%
Wictor Billström (CFO)
2.80%
25.02.2026
Publication of annual report

KPIs in SEK

KPI20242025e2026e
Sales222.98M400.63M596.47M
EBITDA19.66M59.67M99.12M
EBIT5.59M35.63M65.12M
EPS0.010.440.83
FCF-23.70M-56.12M-38.39M

Valuation

KPI20242025e2026e
EV / Sales6.99x3.28x2.27x
EV / EBITDA79.24x22.03x13.65x
EV / EBIT278.68x36.88x20.77x
Price / Earnings2727.21x56.69x29.86x
EV / FCF(65.72x)(23.42x)(35.24x)

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