profit from every SEK 100 of sales.

Systemair
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay SEK 23.41 for every SEK 1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Systemair sold, what it kept, and what it did with the cash.
Sales went from SEK 12.1 billion in 2023 to SEK 12.5 billion in 2026, with SEK 761 million of profit last year.
Systemair vs. similar companies
Systemair grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from SEK 100 of sales | Sales growth a year | Price per SEK 1 of profit |
|---|---|---|---|
Systemair | 23.4× · Fair price | ||
Trane Technologies | 31.5× · Expensive | ||
Johnson Controls International | 26.0× · Fair price | ||
Carrier Global | 29.4× · Fair price | ||
Compagnie de Saint-Gobain | 12.7× · Cheap |
AI analysis
An AI analyst reads Systemair'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 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 12,058 | 12,257 | 12,302 | 12,503 | |
| 4,109 | 4,214 | 4,464 | 4,589 | |
| 1,105 | 892 | 1,100 | 1,110 | |
| 1,782 | 1,152 | 1,100 | 1,110 | |
| 1,040 | 646 | 681 | 761 | |
| 5.00 | 3.10 | 3.27 | 3.67 | |
| 34.1% | 34.4% | 36.3% | 36.7% | |
| 9.2% | 7.3% | 8.9% | 8.9% | |
| 8.6% | 5.3% | 5.5% | 6.1% |
Balance sheet
| In millions of SEK | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 9,633 | 9,793 | 9,375 | 9,887 |
| Cash | 340 | 414 | 421 | 427 |
| Total debt | 1,842 | 1,462 | 1,293 | 3,215 |
| Total liabilities | 4,361 | 4,139 | 3,607 | 3,773 |
| 5,266 | 5,646 | 5,760 | 6,113 | |
| 208 | 208 | 208 | 208 | |
| 15.3% | 10.7% | 12.4% | 9.4% | |
| 19.7% | 11.4% | 11.8% | 12.4% |
Cash flow
| In millions of SEK | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 588 | 1,333 | 1,181 | 1,161 | |
| 363 | 411 | 464 | – | |
| 225 | 922 | 1,181 | 1,161 | |
| Dividends paid | 189 | 231 | 252 | – |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 23.4×
- –
- –
- 2.8×
- 1.4×
- 15.3×
- 18.6×
- 6.5%
- 4.3%
- –
Profitability
- 36.7%
- 8.9%
- 6.1%
- –
- 9.4%
- 12.0%
- –
- –
- –
- –
Growth
- +1.2%
- −9.8%
- –
- –
- −0.1%
Financial health
- –
- 0.53
- –
- –
- 2.13
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
News
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.
Questions about Systemair
Is Systemair a good stock to buy?
A business with weak numbers at a fair price. 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 Systemair AI analysis
What does Systemair do?
Systemair AB (publ), together with its subsidiaries, manufactures and sells of ventilation, heating and cooling products, and systems in Europe, North America, the Middle East, Asia, Australia, and Africa. It is in Building Products & Equipment, based in Skinnskatteberg, Sweden, with 5,954 employees.
Is Systemair stock halal?
Yes. Systemair passes our halal screen: its business is permitted and its debt is 18% of its market value, under the 30% limit. How we check
How has Systemair stock done over the past year?
Up 0.7% over the past twelve months, to SEK 85.80. It traded between SEK 69.40 and SEK 90.70 and is 5.4% below its high.
Who are Systemair's competitors?
The largest listed companies in the same industry are Trane Technologies, Johnson Controls International, Carrier Global and Compagnie de Saint-Gobain. The peers table on this page compares their profit, growth and price with Systemair's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.



