Softronic B (SOF-B.ST) — 2026-W132

Analysis date: 2026-05-31 | Country: SE | Currency: SEK

Recommendation Summary

Field	Value
Rating	Buy
Intrinsic Value	27.0 SEK
24m Target	24.5 SEK
Price at Analysis	22.2 SEK
Buffett Score	12/20
ROIC	17.9%
Economic Profit	+38.5M SEK
Implied Upside (IV)	21.6%

Research history · this company (3 notes)

2026-W132 · 2026-05-31 · SOF-B.STviewingBuy · ROIC 18% · tgt 24.5 SEKΔ tgt +11% · IV +23% · HOLD→Buy · MEDIUM→medium convSoftronic B: Starkt värdeskapande ROIC 17.91% >> WACC 8%

2026-06-15 · 2026-06-15 · SOF-B.STHOLD · tgt 22 SEK 2026-06-09 · 2026-06-09 · SOF-B.STHOLD · tgt 22 SEKfirst note

0. Company Identification

Ticker: SOF-B.ST | Name: Softronic B | Country: SE | Sector: Industrial/Commercial

1. What the Company Sells

Softronic B operates in the Nordic market. ROIC 17.9% vs WACC 8% → EP +38.5M SEK.

2. Who Pays and Why They Stay

Customers pay for products/services based on value proposition and brand strength.

3. Revenue Model

Revenue generated through product/service sales. Scalability and recurring revenue characteristics vary by segment.

4. Margin and Cash Mechanics

ROIC 17.9% vs WACC 8.0% → Economic Profit +38.5M SEK.

5. Supply-side Dependencies

Raw materials, suppliers, distribution channels, and human capital.

6. Competitive Position

Moat strength: 3/5. Brand strength, technology, and customer relationships drive competitive advantage.

7. Growth Engine

Market penetration, geographic expansion, and product development.

8. Business Model Risks

Top risks: Cyclical demand, competitive pressure, raw material costs, macro exposure.

9. History, Management & ESG

Established Nordic industrial company with stable management.

10. Synthesis and Recommendation

Buy — Softronic B: Strong value creation, ROIC 17.9% >> WACC 8%, attractive at current price.

mttssn research · Softronic B (SOF-B.ST) · 2026-W132 · 2026-05-31