NCAB Group AB/Skr NCAB
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About NCAB Group AB
NCAB Group AB, founded in 1993 and headquartered in Sundbyberg, Sweden, specializes in the supply of printed circuit boards (PCBs) across various industries, including aerospace, defense, automotive, datacom, industrial, medical, power/energy, railway, safety-critical, and telecom sectors. The company offers a diverse range of PCBs, such as multilayer, high-density interconnect, radio frequency, insulated metal base, flexible, rigid-flex, semi-flex, heavy copper, and double-sided boards. With a local presence in 19 countries across Europe, Asia, and North America, NCAB serves customers in approximately 45 countries worldwide. In 2024, the company reported revenues of USD 342 million. NCAB's strategic positioning includes a focus on high-mix, low-volume (HMLV) production, enabling it to cater to demanding customer requirements with flexibility and efficiency.
- Ticker
- Skr NCAB
- Sector
- Digital Hardware
- Primary listing
- XSTO
- Employees
- 686
- Headquarters
- Sundbyberg, Sweden
- Website
- www.ncabgroup.com
NCAB Group AB Metrics
BasicAdvanced
kr 16B
47.90
kr 1.82
1.00
kr 1.10
1.26%
Price and volume
Market cap
kr 16B
Beta
1
52-week high
kr 92.30
52-week low
kr 38.12
Average daily volume
456K
Dividend rate
kr 1.10
Financial strength
Current ratio
1.597
Quick ratio
1.251
Long term debt to equity
0.746
Total debt to equity
0.765
Dividend payout ratio (TTM)
60.26%
Interest coverage (TTM)
10.53%
Profitability
EBITDA (TTM)
584.233
Gross margin (TTM)
35.08%
Net profit margin (TTM)
7.41%
Operating margin (TTM)
10.96%
Effective tax rate (TTM)
24.64%
Revenue per employee (TTM)
kr 6,710,000
Management effectiveness
Return on assets (TTM)
7.72%
Return on equity (TTM)
21.66%
Valuation
Price to earnings (TTM)
47.903
Price to revenue (TTM)
3.54
Price to book
9.5
Price to tangible book (TTM)
-35.01
Price to free cash flow (TTM)
43.515
Free cash flow yield (TTM)
2.30%
Free cash flow per share (TTM)
2.004
Dividend yield (TTM)
1.26%
Forward dividend yield
1.26%
Growth
Revenue change (TTM)
25.45%
Earnings per share change (TTM)
75.05%
3-year revenue growth (CAGR)
2.84%
3-year earnings per share growth (CAGR)
-5.69%
What the Analysts think about NCAB Group AB
Analyst ratings (Buy, Hold, Sell) for NCAB Group AB stock.
Analyst projections of the future price of NCAB Group AB stock.
Bulls say / Bears say
Third-quarter sales rose 54% and EBITA rose 91%, lifting the EBITA margin to 14.4% from 11.6%. This suggests NCAB is converting higher volumes into stronger profits. (NCAB Group)
Even after allowing for higher prices and customers bringing orders forward, NCAB reported strong underlying demand across industrial automation, defence and data-centre energy infrastructure. Its comparable-unit order intake grew 155% in the quarter. (NCAB Group)
Recent acquisitions extend NCAB’s reach in the US and Australia. The Australian business is expected to add to earnings in 2027, while Board Shark has already contributed positively to US sales, orders and EBITA. (NCAB Group, NCAB Group)
Much of the 155% organic order-intake growth reflected customers bringing orders forward and higher prices, which management estimated added about 80 and 50 percentage points respectively. These orders are mainly for 2027 delivery, so the surge may not translate into near-term sales and could fade as customers complete pre-buying. (NCAB Group)
PCB manufacturers are struggling to secure raw materials and capacity, with lead times extending into 2027. NCAB’s reliance on partner factories leaves it exposed if those suppliers cannot deliver enough product on time. (NCAB Group)
Working capital tied up in the business rose to 9.6% from 7.9% as inventories and receivables grew faster than sales. If that persists, growth could absorb more cash and weaken cash conversion. (NCAB Group)
Data summarised monthly by Lightyear AI. Last updated on 23 Oct 2026.
NCAB Group AB Financial Performance
Revenues and expenses
NCAB Group AB Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing NCAB Group AB
AllUSDEURGBP
Fund name | Fund size | Skr NCAB weighting |
|---|---|---|
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.10% |
Xtrackers MSCI Europe Small Cap€DX2J | $3.6B | 0.10% |
iShares MSCI World Small Cap£WLDS | $9B | 0.02% |
iShares MSCI World Small Cap€IUSN | $9B | 0.02% |
iShares MSCI World Small Cap$WSML | $9B | 0.02% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.