mttssn research · Djupanalys · 2026-W91
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Rating
Hold
Riktkurs 24m
272.0 SEK
Intrinsiskt värde
285.0 SEK
Pris vid analys
259.6 SEK
Buffett-poäng
12/20

Essity B (ESSITY-B.ST) — 2026-W91

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

Recommendation Summary

FieldValue
RatingHold
Intrinsic Value285.0 SEK
24m Target272.0 SEK
Price at Analysis259.6 SEK
Buffett Score12/20
ROIC11.3%
Economic Profit+3,924M SEK
Implied Upside (IV)9.8%
Share class: See full analysis in W44. This note covers share class differences only.
Research history · this company (6 notes)
2026-W91 · 2026-05-31 · ESSITY-B.STviewingHold · ROIC 11% · tgt 272 SEKΔ ROIC +11pp · tgt -6% · IV -8%Essity B: Marginellt värdeskapande
2026-W44 · 2026-05-31 · ESSITY-A.STHold · ROIC 0% · tgt 290 SEKΔ tgt +5% · IV +13% · HOLD→Hold · MEDIUM→medium convEssity är en nordisk hygien-/healthcare-jätte med ROIC 11.3% och EP SEK 3.9B — starka varu2026-06-15 · 2026-06-15 · ESSITY-A.STHOLD · tgt 275 SEKΔ tgt +4% · IV +4%2026-06-15 · 2026-06-15 · ESSITY-B.STHOLD · tgt 265 SEKΔ tgt -4% · IV -4%2026-06-10 · 2026-06-10 · ESSITY-A.STHOLD · tgt 275 SEKΔ tgt +4% · IV +4%2026-06-08 · 2026-06-08 · ESSITY-B.STHOLD · tgt 265 SEKfirst note

0. Company Identification

Ticker: ESSITY-B.ST | Name: Essity B | Country: SE | Sector: Industrial/Commercial

1. What the Company Sells

Essity B operates in the Nordic market. ROIC 11.3% vs WACC 8% → EP +3,924M 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 11.3% vs WACC 8.0% → Economic Profit +3,924M SEK.

5. Supply-side Dependencies

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

6. Competitive Position

Moat strength: 2/5. 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

Hold — Essity B: Marginal value creation, EP +3,924M, await better entry.


mttssn research · Essity B (ESSITY-B.ST) · 2026-W91 · 2026-05-31