profit from every SEK 100 of sales.
SEK 0SEK 100
MilDef Group
SEK 258.70+1.05% today
+113.3% in 1 year
1-year low SEK 110.201-year high SEK 262.90
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay SEK 82.49 for every SEK 1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What MilDef Group sold, what it kept, and what it did with the cash.
Sales went from SEK 739 million in 2022 to SEK 2.05 billion in 2025, with SEK 148 million of profit last year.
SalesProfit
MilDef Group vs. similar companies
MilDef Group grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from SEK 100 of sales | Sales growth a year | Price per SEK 1 of profit |
|---|---|---|---|
| MilDef Group | 82.5× · Very expensive | ||
 SpaceX | No profit yet | ||
 GE Aerospace | 40.3× · Expensive | ||
 RTX | 40.1× · Expensive | ||
 Airbus | 31.5× · Expensive |
AI analysis
An AI analyst reads MilDef Group's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 739 | 1,151 | 1,201 | 2,045 | |
| 352 | 556 | 589 | 920 | |
| 30 | 106 | 120 | 212 | |
| 58 | 177 | -36 | 320 | |
| 14 | 69 | -220 | 148 | |
| 0.37 | 1.71 | -5.43 | 3.15 | |
| 47.7% | 48.3% | 49.0% | 45.0% | |
| 4.0% | 9.2% | 10.0% | 10.4% | |
| 1.9% | 6.0% | -18.3% | 7.2% |
Balance sheet
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,394 | 1,526 | 1,684 | 2,907 |
| Cash | 60 | 82 | 530 | 149 |
| Total debt | 315 | 367 | 220 | 773 |
| Total liabilities | 606 | 681 | 582 | 1,387 |
| 788 | 845 | 1,102 | 1,518 | |
| 38 | 40 | 41 | 47 | |
| 1.9% | 7.7% | -11.9% | 7.2% | |
| 1.8% | 8.2% | -20.0% | 9.7% |
Cash flow
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -77 | 55 | 144 | -3 | |
| 18 | 46 | 21 | 31 | |
| -95 | 9 | 124 | -34 | |
| Dividends paid | 27 | – | 20 | 24 |
| – | – | 0 | 4 | |
| – | – | – | – |
Valuation
- 82.5×
- –
- 0.79
- 6.1×
- 6.0×
- –
- 40.0×
- -0.3%
- 1.2%
- 0.2%
Profitability
- 45.0%
- 10.4%
- 7.2%
- –
- 7.2%
- 1.2%
- –
- –
- –
- –
Growth
- +40.4%
- +104.2%
- –
- –
- +7.4%
Financial health
- 2.0×
- 0.51
- –
- 5.6×
- 2.06
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 45%of 980
Top 42%of 984
Bottom 6%of 864
Top 4%of 984
Bottom 19%of 986
0.2%of the share price, paid each year
On $1,000 invested$2a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
15.9% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
28No pass
Benjamin Graham
24No pass
Philip Fisher
45No pass
Peter Lynch
91Pass
Joel Greenblatt
6No pass
Charlie Munger
24No pass
Terry Smith
23No pass
Questions about MilDef Group
Is MilDef Group a good stock to buy?
A business with weak numbers, priced as if everything goes right. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the MilDef Group AI analysis
What does MilDef Group do?
MilDef Group AB (publ), together with its subsidiaries, develops, manufactures, and sells rugged IT solutions in Sweden, Norway, Finland, Denmark, the United Kingdom, Germany, Switzerland, the United States, Australia, and internationally. It is in Aerospace & Defense, based in Helsingborg, Sweden, with 514 employees.
Does MilDef Group pay a dividend?
Yes. At today's price the dividend is 0.2% a year, about 16% of its yearly profit. In 2025 it paid out SEK 23.5 million in dividends.
Is MilDef Group stock halal?
Questionable. MilDef Group sits in a grey zone: scholars disagree about its industry. How we check
How has MilDef Group stock done over the past year?
Up 113.3% over the past twelve months, to SEK 258.70. It traded between SEK 110.20 and SEK 262.90, close to its high.
Who are MilDef Group's competitors?
The largest listed companies in the same industry are SpaceX, GE Aerospace, RTX and Airbus. The peers table on this page compares their profit, growth and price with MilDef Group's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.