AQ Group AB (publ) (AQ.ST)
Västerås, SE
AQ Group AB (publ) is a Swedish enterprise specializing in the manufacturing and distribution of industrial components and systems. The company serves a diverse client base across Sweden, other European nations, and globally. Its operations are structured into two main divisions: Component and System. Among its extensive product portfolio, AQ Group supplies electrical cabinets for sectors such as food processing, automatic teller machines, and provides control and power equipment for ship cranes, automated port cargo handling, and motor and generator control systems. The company also produces wiring harness systems and electromechanical modules, catering to the automotive, commercial vehicle, railway, and general engineering industries. Furthermore, it delivers thermoplastic components for the automotive, medical, and engineering sectors. AQ Group offers comprehensive contract manufacturing services for sheet metal components and assemblies, supporting industries including commercial vehicles, automotive, energy, railway, material handling, food and pharmaceuticals, telecom, and electromechanical applications. Its specialized offerings also include transformers and inductors, vital for applications like motor drives, high-speed trains, solar and wind energy systems, marine and offshore environments, relay protection, military hardware, aerospace, and process automation equipment. Under its System division, AQ Group provides a range of automated machinery and equipment, such as parking and travel ticket machines, ATMs, packaging equipment, printers, and passport automation solutions. It additionally develops integrated system solutions specifically for the automotive industry and offers mechanical engineering expertise in both sheet metal and plastic design. Founded in 1986, the company maintains its corporate headquarters in Västerås, Sweden.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +1.01% | -0.33% | +9.33% | +25.99% | +25.86% | +28.91% | +37.59% | +162.35% | +257.25% | +658.73% | +22,236.45% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | -1 |
| Buy | 0 | -1 |
| Hold | 3 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Electrical Equipment & Parts: +13.1%+6.0% Q1'26: +3.0% (vs Q1'25)
-
EPS growth Electrical Equipment & Parts: +22.4%+1.8% Q1'26: +7.7% (vs Q1'25)
-
FCF margin FCF growth · Electrical Equipment & Parts: +27.2%+7.4% Q1'26: +11.8% (vs Q1'25)
-
EBIT margin Electrical Equipment & Parts: +8.2%+9.3% ★ Q1'26: +9.6% (vs Q1'25)
-
ROIC Electrical Equipment & Parts: +6.4%+16.1% ★ Q1'26: +17.3% (vs Q1'25)
-
Share dilution Electrical Equipment & Parts: +0.0%-0.1% ★ Q1'26: +0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Electrical Equipment & Parts: -0.54×0.48× Q1'26: 0.34× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 3 Rev. Ana. 3 EPS Ana. |
Dec 2027 3 Rev. Ana. 3 EPS Ana. |
Dec 2028 3 Rev. Ana. 3 EPS Ana. |
Dec 2029 2 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
4.02B
est: 4.01B (+0.2%)
|
4.67B
est: 4.19B (+11.4%)
|
5.11B
est: 4.36B (+17.3%)
|
4.82B
est: 8.60B (-43.9%)
|
5.47B
est: 4.01B (+36.4%)
|
7.05B
est: 4.19B (+68.3%)
|
8.97B
est: 4.36B (+105.8%)
|
8.55B
est: 8.60B (-0.5%)
|
9.07B
est: 9.04B (+0.3%)
|
9.61B
9.48B – 9.73B
+6.2% YoY
|
10.31B
10.04B – 10.59B
+7.3% YoY
|
10.98B
10.95B – 11.02B
+6.6% YoY
|
10.29B
10.09B – 10.50B
-6.3% YoY
|
| EBITDA |
354.40M
est: 497.82M (-28.8%)
|
313.30M
est: 520.16M (-39.8%)
|
555.21M
est: 541.02M (+2.6%)
|
621.21M
est: 1.07B (-41.8%)
|
691.00M
est: 497.82M (+38.8%)
|
769.00M
est: 520.16M (+47.8%)
|
1.09B
est: 541.02M (+100.5%)
|
1.16B
est: 1.26B (-7.9%)
|
1.18B
est: 1.32B (-11.0%)
|
1.41B
1.39B – 1.42B
+6.2% YoY
|
1.51B
1.47B – 1.55B
+7.3% YoY
|
1.61B
1.60B – 1.61B
+6.6% YoY
|
1.51B
1.48B – 1.54B
-6.3% YoY
|
| EBIT |
256.90M
est: 340.57M (-24.6%)
|
205.20M
est: 355.86M (-42.3%)
|
335.58M
est: 370.12M (-9.3%)
|
387.93M
est: 730.11M (-46.9%)
|
459.00M
est: 340.57M (+34.8%)
|
507.00M
est: 355.86M (+42.5%)
|
802.00M
est: 370.12M (+116.7%)
|
858.00M
est: 991.24M (-13.4%)
|
841.00M
est: 1.04B (-19.3%)
|
1.11B
1.09B – 1.12B
+6.2% YoY
|
1.19B
1.16B – 1.22B
+7.3% YoY
|
1.27B
1.26B – 1.27B
+6.6% YoY
|
1.19B
1.16B – 1.21B
-6.3% YoY
|
| Net Income |
203.77M
est: 247.50M (-17.7%)
|
151.05M
est: 287.12M (-47.4%)
|
260.88M
est: 301.62M (-13.5%)
|
315.00M
est: 685.98M (-54.1%)
|
366.00M
est: 247.50M (+47.9%)
|
410.00M
est: 287.12M (+42.8%)
|
632.00M
est: 301.62M (+109.5%)
|
665.00M
est: 685.76M (-3.0%)
|
676.00M
est: 689.00M (-1.9%)
|
743.55M
722.22M – 779.41M
+7.9% YoY
|
810.90M
795.30M – 856.39M
+9.1% YoY
|
907.48M
877.69M – 937.27M
+11.9% YoY
|
753.48M
734.04M – 773.56M
-17.0% YoY
|
| SGA |
529.07M
est: 254.24M (+108.1%)
|
629.63M
est: 265.65M (+137.0%)
|
535.00M
est: 276.31M (+93.6%)
|
468.83M
est: 545.04M (-14.0%)
|
598.00M
est: 254.24M (+135.2%)
|
789.00M
est: 265.65M (+197.0%)
|
-13.00M
est: 276.31M (-104.7%)
|
—
est: 377.77M (-100.0%)
|
—
est: 397.38M (-100.0%)
|
422.18M
416.56M – 427.57M
+6.2% YoY
|
453.01M
441.26M – 465.57M
+7.3% YoY
|
482.71M
481.34M – 484.07M
+6.6% YoY
|
452.19M
443.21M – 461.46M
-6.3% YoY
|
| EPS |
2.23
est: 2.70 (-17.3%)
|
1.65
est: 3.13 (-47.3%)
|
2.85
est: 3.29 (-13.3%)
|
3.44
est: 7.48 (-54.0%)
|
4.00
est: 2.70 (+48.3%)
|
4.48
est: 3.13 (+43.1%)
|
6.91
est: 3.29 (+110.2%)
|
7.27
est: 7.48 (-2.8%)
|
7.38
est: 7.44 (-0.8%)
|
8.15
7.88 – 8.50
+9.5% YoY
|
9.07
8.68 – 9.34
+11.2% YoY
|
9.80
9.58 – 10.23
+8.1% YoY
|
8.22
8.01 – 8.44
-16.1% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | A | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 2/5 | 2/5 |
| 2026-05-28 | A | 4/5 | 5/5 | 4/5 | 5/5 | 4/5 | 2/5 | 2/5 |
| 2026-05-27 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-26 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-25 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-22 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-21 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-20 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-19 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-18 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-15 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 2/5 | 2/5 |
| 2026-05-13 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-12 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-11 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-08 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-07 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-06 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-05 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-05-04 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-04-30 | A | 4/5 | 5/5 | 4/5 | 5/5 | 3/5 | 3/5 | 2/5 |
| 2026-04-29 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-28 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-27 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-24 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 2/5 | 3/5 | 2/5 |
| 2026-04-23 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-22 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-21 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-20 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-17 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-16 | A- | 4/5 | 5/5 | 4/5 | 5/5 | 2/5 | 2/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | NYLI International Small-Mid Cap Equity ETF NISM | 0.52% | 130.1K | 0.70% |
| 2 | WisdomTree Europe SmallCap Dividend UCITS ETF WTES.DE | 0.12% | 109.5K | 0.38% |
| 3 | WisdomTree Europe SmallCap Dividend UCITS ETF Acc DFEA.L | 0.12% | 109.5K | 0.38% |
| 4 | Avantis International Small Cap Value ETF AVDV | 0.09% | 17.95M | 0.36% |
| 5 | WisdomTree International SmallCap Dividend Fund DLS | 0.09% | 981.2K | 0.58% |
| 6 | WisdomTree Dynamic International SmallCap Equity ETF DDLS | 0.08% | 352.1K | 0.48% |
| 7 | Xtrackers MSCI Europe Small Cap UCITS ETF 1C XXSC.L | 0.08% | 2.74M | 0.30% |
| 8 | iShares MSCI Europe Small-Cap ETF IEUS | 0.08% | 135.2K | 0.41% |
| 9 | Avantis International Small Cap Equity ETF AVDS | 0.06% | 195.8K | 0.30% |
| 10 | Xtrackers CSI300 Swap UCITS ETF XCHA.L | 0.06% | 1.16M | 0.50% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| James Ahrgren | President, Chief Executive Officer & Head of IR | 7M | male |
| Per-Olof Andersson | Founder & Director | 250.0K | male |
| Fredrik Spännare | Information Technology Manager | — | — |
| Christina Hegg | Chief Financial Officer | — | female |
| Lars Gafvert | BA Manager of Sheet Metal Processing, BA Manager of Injection Molding & Precision Stamping | — | — |
| Paulina Duszel | Marketing & Sales Manager | — | female |
| Jenny Eivhammar | HR Manager | — | female |
| Fredrik Spannare | Information Technology Manager | — | — |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for AQ.ST
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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