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AB Volvo (publ) (VOLV-B.ST)

SEK337.00 +1.70 (+0.51%)
SE STO Industrials Agricultural - Machinery
Address GropegArdsgatan 2 417 15
Gothenburg, SE
CEO Martin Lundstedt
IPO 2000-01-03
ISIN SE0000115446

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Also trades on Other OTC · VLVLY (USD) Other OTC · VOLAF (USD) Other OTC · VOLVF (USD) Prague Stock Exchange · VOLVB.PR (CZK) Stockholm Stock Exchange · VOLV-A.ST (SEK) Stockholm Stock Exchange · VOLV-B.ST (SEK)
Description

AB Volvo (publ) is a globally operating industrial conglomerate and, together with its various subsidiaries, is a prominent manufacturer and seller of a diverse range of products including trucks, buses, construction machinery, and marine and industrial engines. Its extensive market presence covers Europe, North America, South America, Asia, Africa, and Oceania. The company's truck division supplies vehicles designed for diverse applications, such as long-haul transportation, heavy construction, mining, and general distribution. These trucks are offered under well-known brand names like Volvo, UD Trucks, Renault Trucks, Mack, Eicher, Arquus, cellcentric, and Dongfeng Trucks. In the bus sector, AB Volvo produces city and intercity buses, coaches, and bus chassis, along with integrated transport systems, marketed through its Prevost and Nova Bus brands. Its construction equipment offerings encompass a variety of heavy machinery, including excavators, articulated and rigid haulers, wheel loaders, road construction apparatus (such as pavers), and compactors, all branded primarily under Volvo and SDLG Trucks. Additionally, the Volvo Penta brand is dedicated to providing engines and power solutions for both leisure and commercial maritime vessels, as well as for power generation, industrial equipment, and off-road applications. Beyond manufacturing, the company also delivers a comprehensive suite of support services. These include financial assistance, insurance coverage, equipment rental, supply of spare parts, repair work, proactive maintenance programs, service agreements, and various forms of assistance. AB Volvo distributes its products and services to customers through an expansive network of dealerships and specialized workshops. Demonstrating a commitment to innovation and collaboration, AB Volvo has formed several strategic partnerships: an alliance with Isuzu Motors for commercial vehicles, a collaboration with Samsung SDI Co to advance battery pack technology for its trucks, and an agreement with NVIDIA and Aurora focused on developing autonomous trucking solutions. Established in 1915, AB Volvo (publ) has its corporate headquarters situated in Gothenburg, Sweden.

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
SEK337.00 +1.70 (+0.51%)
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Volume Profile
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Liquidity & share structure
Average Volume
3M
Beta
0.98
Float Shares
1.94B
Free Float %
95.6%
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

Analyst Consensus (1 ratings, all time) Buy
Price Targets & DCF
Current price
337.00
DCF (Levered) 141.73 -57.9%

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) 45% Bullish
Rating 2026-04 Change
Strong Buy 2 0
Buy 8 +1
Hold 9 0
Sell 1 0
Strong Sell 2 0
Quality scores
Altman Z-Score
1.81
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Agricultural - Machinery: +5.1%
    -9.0% Q1'26: -9.1% (vs Q1'25)
  • EPS growth Agricultural - Machinery: +10.7%
    -31.6% Q1'26: -15.8% (vs Q1'25)
  • FCF margin FCF growth · Agricultural - Machinery: +31.2%
    +3.5% Q1'26: +3.9% (vs Q1'25)
  • EBIT margin Agricultural - Machinery: +9.5%
    +10.1% Q1'26: +10.1% (vs Q1'25)
  • ROIC Agricultural - Machinery: +7.1%
    +9.9% Q1'26: +9.2% (vs Q1'25)
  • Share dilution Agricultural - Machinery: +0.0%
    0.0% Q1'26: 0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Agricultural - Machinery: 0.00×
    3.81× Q1'26: 3.78× (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 (0.98) × ERP
WACC = 72% × Ke + 28% × Kd (3.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 337.00
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 2015
actual
Dec 2016
actual
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
7 Rev. Ana.
6 EPS Ana.
Dec 2027
19 Rev. Ana.
16 EPS Ana.
Dec 2028
16 Rev. Ana.
12 EPS Ana.
Dec 2029
15 Rev. Ana.
10 EPS Ana.
Dec 2030
15 Rev. Ana.
5 EPS Ana.
Revenue
312.52B
est: 312.35B (+0.1%)
301.91B
est: 295.69B (+2.1%)
334.75B
est: 329.78B (+1.5%)
390.83B
est: 386.52B (+1.1%)
431.98B
est: 423.41B (+2.0%)
338.45B
est: 337.25B (+0.4%)
372.22B
est: 362.35B (+2.7%)
473.48B
est: 458.52B (+3.3%)
552.76B
est: 552.20B (+0.1%)
526.82B
est: 522.38B (+0.8%)
479.18B
est: 476.99B (+0.5%)
491.83B
479.62B – 504.03B
+3.1% YoY
525.78B
487.10B – 558.37B
+6.9% YoY
554.29B
554.02B – 554.55B
+5.4% YoY
556.81B
529.13B – 581.19B
+0.5% YoY
561.12B
533.23B – 585.70B
+0.8% YoY
EBITDA
39.59B
est: 48.30B (-18.0%)
34.63B
est: 45.72B (-24.3%)
42.86B
est: 50.99B (-16.0%)
47.82B
est: 59.77B (-20.0%)
63.61B
est: 65.47B (-2.8%)
43.30B
est: 52.15B (-17.0%)
63.13B
est: 56.03B (+12.7%)
67.01B
est: 70.90B (-5.5%)
88.81B
est: 86.63B (+2.5%)
91.35B
est: 81.95B (+11.5%)
66.71B
est: 74.83B (-10.9%)
77.16B
75.25B – 79.07B
+3.1% YoY
82.49B
76.42B – 87.60B
+6.9% YoY
86.96B
86.92B – 87.00B
+5.4% YoY
87.36B
83.01B – 91.18B
+0.5% YoY
88.03B
83.66B – 91.89B
+0.8% YoY
EBIT
22.78B
est: 34.39B (-33.8%)
20.92B
est: 32.56B (-35.7%)
28.45B
est: 36.31B (-21.7%)
32.68B
est: 42.56B (-23.2%)
46.65B
est: 46.62B (+0.1%)
25.52B
est: 37.13B (-31.3%)
44.41B
est: 39.90B (+11.3%)
46.28B
est: 50.49B (-8.3%)
70.46B
est: 63.61B (+10.8%)
68.80B
est: 60.17B (+14.3%)
48.31B
est: 54.94B (-12.1%)
56.65B
55.25B – 58.06B
+3.1% YoY
60.57B
56.11B – 64.32B
+6.9% YoY
63.85B
63.82B – 63.88B
+5.4% YoY
64.14B
60.95B – 66.95B
+0.5% YoY
64.64B
61.42B – 67.47B
+0.8% YoY
Net Income
15.06B
est: 13.96B (+7.9%)
13.15B
est: 12.86B (+2.2%)
20.98B
est: 20.47B (+2.5%)
24.90B
est: 28.55B (-12.8%)
35.86B
est: 33.90B (+5.8%)
19.32B
est: 17.49B (+10.5%)
32.79B
est: 30.90B (+6.1%)
32.72B
est: 38.06B (-14.0%)
49.83B
est: 55.78B (-10.7%)
50.39B
est: 50.24B (+0.3%)
34.46B
est: 36.95B (-6.8%)
42.91B
41.14B – 44.74B
+16.1% YoY
49.78B
41.84B – 56.88B
+16.0% YoY
54.53B
44.24B – 60.46B
+9.6% YoY
55.53B
51.94B – 58.69B
+1.8% YoY
60.71B
56.78B – 64.16B
+9.3% YoY
SGA
33.46B
est: 24.87B (+34.6%)
31.99B
est: 23.54B (+35.9%)
34.22B
est: 26.26B (+30.3%)
36.69B
est: 30.77B (+19.2%)
38.94B
est: 33.71B (+15.5%)
31.13B
est: 26.85B (+15.9%)
28.83B
est: 28.85B (-0.1%)
34.92B
est: 36.51B (-4.3%)
41.03B
est: 43.04B (-4.7%)
42.49B
est: 40.71B (+4.4%)
40.05B
est: 37.17B (+7.7%)
38.33B
37.38B – 39.28B
+3.1% YoY
40.98B
37.96B – 43.52B
+6.9% YoY
43.20B
43.18B – 43.22B
+5.4% YoY
43.39B
41.24B – 45.29B
+0.5% YoY
43.73B
41.56B – 45.65B
+0.8% YoY
EPS
7.42
est: 6.86 (+8.1%)
6.47
est: 6.33 (+2.3%)
10.08
est: 10.06 (+0.2%)
12.25
est: 14.04 (-12.7%)
17.64
est: 16.67 (+5.8%)
9.50
est: 8.60 (+10.5%)
16.12
est: 15.20 (+6.1%)
16.09
est: 18.72 (-14.0%)
24.51
est: 27.44 (-10.7%)
24.78
est: 24.81 (-0.1%)
16.94
est: 18.13 (-6.5%)
21.12
20.23 – 22.01
+16.5% YoY
24.60
20.58 – 27.98
+16.5% YoY
26.69
21.76 – 29.74
+8.5% YoY
27.32
25.55 – 28.87
+2.3% YoY
29.86
27.93 – 31.56
+9.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-04-24 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5
2026-04-23 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5
2026-04-22 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5
2026-04-21 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5
2026-04-20 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5
2026-04-17 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5
2026-04-16 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5
2026-04-15 B+ 3/5 3/5 5/5 5/5 1/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
11.83B
OE per share TTM
5.82
Owner's Yield
1.81%
Maintenance CapEx ratio
106.68%
Maint CapEx / Avg PPE
23.4%

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.

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
530.0K
Shares Outstanding
2.03B

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
Martin Lundstedt Chief Executive Officer, President, Member of the Group Executive Board & Director 45M male
Jens Holtinger Group Chief Technology Officer & Member of Group Executive Board male
Kina Wileke Executive VP of Group Communication & Member of the Group Executive Board female
Mats Backman Executive VP of Group Finance, CFO & Member of Group Executive Board male
Melker Jernberg Executive VP, Member of Group Executive Board & President of Volvo Construction Equipment male
Nina Aresund Executive Vice President of Group Legal, Compliance, General Counsel & Secretary and Member of Executive Board female
Roger Alm Executive VP, Member of Group Executive Board & President of Volvo Trucks male
Scott Rafkin Executive VP, Chief Digital Officer & Member of Executive Board male
Diana Niu Member of Group Executive Board and Executive VP of Group People & Culture female
Stephen Roy Member of Executive Board, Executive Vice President of Volvo Group & President of Mack Trucks male
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