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HAKI Safety AB (publ) (HAKI-B.ST)

SEK19.05 -0.50 (-2.56%)
SE STO Industrials Manufacturing - Metal Fabrication
Address Norra Vallgatan 70 211 22
Malmö, SE
CEO Sverker Lindberg
Website hakisafety.com
IPO 2023-12-13
ISIN SE0000122673

Explore sections of this company profile

Also trades on Stockholm Stock Exchange · HAKI-B.ST (SEK) Stockholm Stock Exchange · MIDW-B.ST (SEK)
Description

HAKI Safety AB (publ) specializes in providing scaffolding solutions and associated services, catering to intricate projects across the industrial, infrastructure, and construction sectors. The company develops and supplies various scaffolding types, including standard systems, weather protection structures, suspended scaffolding, and specialized stamping systems. Beyond this, HAKI designs, manufactures, and markets machinery for transforming plastic materials into rolled products. Their service portfolio also encompasses technical solutions, product training, customer support, and financing options, in addition to offering contract manufacturing for industrial customers. The company further operates as an importer and distributor of diverse equipment for the construction industry, such as grinding and building machinery, lifting apparatus, material handling gear, air purification systems, industrial vacuum cleaners, twister cleaning setups, and lasers. Established in 1989 and headquartered in Malmö, Sweden, the organization was formerly known as Midway Holding AB (publ) before adopting the HAKI Safety AB (publ) name in December 2023.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
SEK19.05 -0.50 (-2.56%)
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Volume Profile
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Liquidity & share structure
Average Volume
6.6K
Beta
0.75
Float Shares
6.44M
Free Float %
22.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.55% -4.26% +0.00% -1.29% -9.05% -10.33% -15.86% +2.14% +2.14% +2.14% +2.14%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
19.05
DCF (Unlevered) 61.39 +222.3%

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.

Ratings Trend (MoM)
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.78
Distress
Piotroski F-Score
7 / 9
Strong
MOAT Score
4 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • ✓
    Revenue growth Manufacturing - Metal Fabrication: +10.4%
    +12.3% ★ Q1'26: +8.7% (vs Q1'25)
  • ✗
    EPS growth Manufacturing - Metal Fabrication: +16.7%
    -17.6% Q1'26: +127.1% (vs Q1'25)
  • ✓
    FCF margin FCF growth · Manufacturing - Metal Fabrication: +40.8%
    +9.7% ★ Q1'26: +7.7% (vs Q1'25)
  • ✗
    EBIT margin Manufacturing - Metal Fabrication: +8.3%
    +5.9% Q1'26: +3.1% (vs Q1'25)
  • ✗
    ROIC Manufacturing - Metal Fabrication: +6.2%
    +4.5% Q1'26: +3.2% (vs Q1'25)
  • ✗
    Share dilution Manufacturing - Metal Fabrication: +0.0%
    +0.7% Q1'26: +9.2% (vs Q1'25)
  • ✗
    Debt / EBITDA Net debt/EBITDA · Manufacturing - Metal Fabrication: 0.46×
    2.71× Q1'26: 3.20× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* 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.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
▶ WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.75) × ERP
WACC = 52% × Ke + 48% × Kd (5.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
—
Intrinsic value (base): 61.39 Current price: 19.05
Enterprise Value: — Equity Value: — Terminal Value: — TV as % of EV: —

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2021
actual 		Dec 2022
actual 		Dec 2023
actual 		Dec 2024
actual 		Dec 2025
actual 		Dec 2026
1 Rev. Ana.
1 EPS Ana. 		Dec 2027
1 Rev. Ana.
1 EPS Ana. 		Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
863.20M
est: 835.00M (+3.4%)
1.17B
est: 1.25B (-6.3%)
1.19B
est: 1.19B (-0.3%)
1.05B
est: 1.01B (+4.2%)
1.18B
est: 1.20B (-1.7%)
1.24B
1.24B – 1.24B
+3.8% YoY
1.31B
1.31B – 1.31B
+5.0% YoY
1.37B
1.37B – 1.37B
+5.1% YoY
EBITDA
147.50M
est: 115.10M (+28.1%)
147.00M
est: 171.76M (-14.4%)
153.00M
est: 164.31M (-6.9%)
170.00M
est: 148.86M (+14.2%)
178.00M
est: 177.07M (+0.5%)
183.71M
183.71M – 183.71M
+3.8% YoY
192.87M
192.87M – 192.87M
+5.0% YoY
202.62M
202.62M – 202.62M
+5.1% YoY
EBIT
83.20M
est: 58.28M (+42.8%)
104.00M
est: 86.96M (+19.6%)
103.00M
est: 83.19M (+23.8%)
78.00M
est: 81.64M (-4.5%)
69.00M
est: 97.10M (-28.9%)
100.75M
100.75M – 100.75M
+3.8% YoY
105.77M
105.77M – 105.77M
+5.0% YoY
111.11M
111.11M – 111.11M
+5.1% YoY
Net Income
58.10M
est: 62.03M (-6.3%)
71.00M
est: 113.54M (-37.5%)
62.00M
est: 52.61M (+17.8%)
41.00M
est: 36.25M (+13.1%)
34.00M
est: 47.43M (-28.3%)
61.10M
61.10M – 61.10M
+28.8% YoY
79.52M
79.52M – 79.52M
+30.1% YoY
95.42M
95.42M – 95.42M
+20.0% YoY
SGA
189.90M
est: 205.49M (-7.6%)
266.00M
est: 306.63M (-13.3%)
292.00M
est: 293.34M (-0.5%)
297.00M
est: 255.66M (+16.2%)
344.00M
est: 304.10M (+13.1%)
315.52M
315.52M – 315.52M
+3.8% YoY
331.24M
331.24M – 331.24M
+5.0% YoY
347.98M
347.98M – 347.98M
+5.1% YoY
EPS
2.12
est: 2.24 (-5.3%)
2.60
est: 4.10 (-36.6%)
2.27
est: 1.90 (+19.5%)
1.50
est: 1.30 (+15.4%)
1.22
est: 1.70 (-28.2%)
2.19
2.19 – 2.19
+28.8% YoY
2.85
2.85 – 2.85
+30.1% YoY
3.42
3.42 – 3.42
+20.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-28 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-27 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-26 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-25 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-22 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-21 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-20 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-19 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-18 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-15 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-13 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-12 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-11 B+ 3/5 1/5 3/5 4/5 2/5 4/5 4/5
2026-05-08 B+ 3/5 1/5 3/5 4/5 2/5 4/5 5/5
2026-05-07 B+ 3/5 1/5 3/5 4/5 2/5 4/5 5/5
2026-05-06 B+ 3/5 1/5 3/5 4/5 2/5 4/5 5/5
2026-05-05 B+ 3/5 1/5 3/5 4/5 2/5 4/5 5/5
2026-05-04 B+ 3/5 1/5 3/5 4/5 2/5 4/5 5/5
2026-04-30 B+ 3/5 1/5 3/5 4/5 1/5 4/5 5/5
2026-04-29 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-04-28 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-04-27 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-04-24 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-04-23 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-04-22 B 3/5 1/5 3/5 4/5 1/5 4/5 4/5
2026-04-21 B- 3/5 1/5 2/5 4/5 1/5 3/5 4/5
2026-04-20 B- 3/5 1/5 2/5 4/5 1/5 3/5 4/5
2026-04-17 B- 3/5 1/5 2/5 4/5 1/5 3/5 4/5
2026-04-16 B- 3/5 1/5 2/5 4/5 1/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
140.72M
OE per share TTM
4.95
Owner's Yield
24.72%
Maintenance CapEx ratio
136.16%
Maint CapEx / Avg PPE
28.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
176.5K
Shares Outstanding
28.58M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Sverker Lindberg Chief Executive Officer & President 5M male
Gary McCulloch President of Business Area Work Zone Safety — —
Gary McCullough President of Work Zone Safety — —
Joh Einar Solhaug President of Business Area Digital Solutions — —
Karin Larsson Chief Communications and Sustainability Officer — female
Thomas Schuller President of Business Area Scaffolding Systems — male
Tomas Hilmarsson Chief Financial Officer — male
Fia Lindgren Chief Supply Chain Officer — female
Åsa Olofsson Head of Administration — female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits

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