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JM AB (publ)

SEK 120.5 -$18.80 (-13.50%)

STO · 15 Sep 2026 15:09 UTC

Previous Close

SEK 122.5

Day Range

SEK 120.1SEK 123

Year Range

SEK 107.3SEK 155

Market Cap

7.77B

AVG Volume

252.65K

Trailing/Forward PE

-69.65/13.78

PEG ratio

-0.62

Dividend Yield

1.66%

Next Earnings Date

2026-10-21

Primary Exchange

Stockholm Stock Exchange

Revenue (SEK)

JM.ST Revenue (SEK) by year
Period	Revenue (SEK)
2025	10.69B
2024	14.27B
2023	15.97B
2022	15.75B
2021	15.65B
2020	16.29B
2019	15.61B
2018	15.68B
2017	17.27B
2016	15.29B

Net Income (SEK)

JM.ST Net Income (SEK) by year
Period	Net Income (SEK)
2025	55M
2024	352M
2023	1.03B
2022	1.51B
2021	1.8B
2020	1.54B
2019	1.53B
2018	1.42B
2017	2.26B
2016	1.48B

Operating Income (SEK)

JM.ST Operating Income (SEK) by year
Period	Operating Income (SEK)
2025	349M
2024	672M
2023	1.75B
2022	2.02B
2021	2.23B
2020	2.02B
2019	1.98B
2018	1.88B
2017	2.46B
2016	1.93B

EBITDA (SEK)

JM.ST EBITDA (SEK) by year
Period	EBITDA (SEK)
2025	342M
2024	776.25M
2023	1.55B
2022	2.03B
2021	2.19B
2020	2B
2019	1.94B
2018	1.89B
2017	3.02B
2016	1.94B

Cash Flows (SEK)

JM.ST Cash Flows (SEK) by year
Period	Cash Flows (SEK)
2025	1.14B
2024	3.47B
2023	1.06B
2022	-2.64B
2021	-120M
2020	-2.1B
2019	-1.6B
2018	-3.63B
2017	2.39B
2016	1.96B

EPS (SEK)

JM.ST EPS (SEK) by year
Period	EPS (SEK)
2025	0.85
2024	5.4
2023	15.89
2022	22.51
2021	26.06
2020	22.03
2019	21.8
2018	20.42
2017	31.95
2016	20.46

Expenses (SEK)

JM.ST Expenses (SEK) by year
Period	Expenses (SEK)
2025	1.13B
2024	1.51B
2023	999M
2022	1.11B
2021	1.04B
2020	958M
2019	983M
2018	1.05B
2017	1.02B
2016	936M

Cash & Debt (SEK)

JM.ST Cash & Debt (SEK) by year
Period	Cash & Debt (SEK)
2025	580M
2024	506M
2023	1.67B
2022	1.84B
2021	3.98B
2020	3.04B
2019	2.4B
2018	1.68B
2017	2.57B
2016	1.52B

Debt ratios

JM.ST Debt ratios by year
Period	Debt ratios
2025	2.18
2024	1.72
2023	1.85
2022	0.81
2021	0.55
2020	0.52
2019	0.49
2018	0.41

Margins

JM.ST Margins by year
Period	Margins
2025	11.79%
2024	11.45%
2023	17.31%
2022	19.94%
2021	20.54%
2020	18.13%
2019	18.3%
2018	18.52%
2017	19.95%
2016	18.64%

Return on Capital

JM.ST Return on Capital by year
Period	Return on Capital
2025	0.69%
2024	4.31%
2023	12.91%
2022	17.3%
2021	21.52%
2020	20.26%
2019	21.41%
2018	21.42%
2017	37.38%
2016	29.85%

Shares Outstanding

JM.ST Shares Outstanding by year
Period	Shares Outstanding
2025	64.5M
2024	64.5M
2023	64.5M
2022	65.4M
2021	68.46M
2020	69.58M
2019	69.58M
2018	69.58M
2017	69.58M
2016	71.29M

Dividends (SEK)

JM.ST Dividends (SEK) by year
Period	Dividends (SEK)
2026	2
2025	3.25
2024	3
2023	14
2022	13.5
2021	12.75
2020	12.5
2019	12
2018	11
2017	9.5

Book Value Per Share (SEK)

JM.ST Book Value Per Share (SEK) by year
Period	Book Value Per Share (SEK)
2025	123.01
2024	126.66
2023	123.59
2022	133.4
2021	122.47
2020	109.19
2019	102.41
2018	95.48
2017	86.85
2016	69.45

Total Assets (SEK)

JM.ST Total Assets (SEK) by year
Period	Total Assets (SEK)
2025	23.71B
2024	25.16B
2023	30.48B
2022	24.38B
2021	24.39B
2020	23.09B
2019	22.97B
2018	20.65B
2017	16.95B
2016	12.48B

PE Ratio

JM.ST PE Ratio by year
Period	PE Ratio
Sep 26	151.96
Sep 26	153.07
Sep 26	160.77
Aug 26	162.13
Aug 26	154.32
Aug 26	160.15
Aug 26	157.54
Jul 26	152.7
Jul 26	150.97
Jul 26	150.72
Jul 26	153.45
Jul 26	185.45
Jun 26	154.11
Jun 26	134.29
Jun 26	134.87
Jun 26	136.28
May 26	140.74
May 26	134.17
May 26	135.34
May 26	138.39
Apr 26	135.23
Apr 26	140.39
Apr 26	142.61
Apr 26	144.26
Apr 26	137.69
Mar 26	41.73
Mar 26	40.4
Mar 26	43.82
Mar 26	45.87
Feb 26	48.43
Feb 26	48.61
Feb 26	47.71
Feb 26	49.3
Jan 26	49.23
Jan 26	51.5
Jan 26	53.23
Jan 26	52.25
Jan 26	50.2
Dec 25	35.05
Dec 25	34.69
Dec 25	34.67
Dec 25	33.72
Nov 25	35.93
Nov 25	34.69
Nov 25	34.9
Nov 25	33.18
Oct 25	34.87
Oct 25	36.31
Oct 25	38.78
Oct 25	37.26
Oct 25	36.52
Sep 25	25.54
Sep 25	25.8
Sep 25	25.95
Sep 25	25.02
Aug 25	26.01
Aug 25	27.48
Aug 25	27.36
Aug 25	27.76
Aug 25	26.98
Jul 25	28.41
Jul 25	26.64
Jul 25	26.54
Jul 25	29.65
Jun 25	27.96
Jun 25	26.88
Jun 25	26.72
Jun 25	26.3
May 25	26.77
May 25	27.47
May 25	29.01
May 25	28.35
May 25	28.4
Apr 25	27.54
Apr 25	27.07
Apr 25	25.27
Apr 25	26.08
Mar 25	42.55
Mar 25	43.64
Mar 25	43.32
Mar 25	44.89
Feb 25	44.77
Feb 25	45.6
Feb 25	49.09
Feb 25	48.02
Jan 25	48.76
Jan 25	51.99
Jan 25	50.95
Jan 25	48.11
Jan 25	49.38
Dec 24	20.35
Dec 24	20.29
Dec 24	20.77
Dec 24	21.4
Nov 24	21.3
Nov 24	21.67
Nov 24	22.11
Nov 24	23.2
Nov 24	22.22
Oct 24	21.36

Free Cash Flow Yield

JM.ST Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	-0.27%
Sep 26	-0.26%
Sep 26	-0.25%
Aug 26	-0.25%
Aug 26	-0.26%
Aug 26	-0.25%
Aug 26	-0.26%
Jul 26	-0.26%
Jul 26	-0.27%
Jul 26	-0.27%
Jul 26	-0.26%
Jul 26	-0.22%
Jun 26	13.4%
Jun 26	15.38%
Jun 26	15.31%
Jun 26	15.16%
May 26	14.68%
May 26	15.39%
May 26	15.26%
May 26	14.92%
Apr 26	15.27%
Apr 26	14.71%
Apr 26	14.48%
Apr 26	14.32%
Apr 26	15%
Mar 26	58.88%
Mar 26	60.82%
Mar 26	56.07%
Mar 26	53.56%
Feb 26	50.73%
Feb 26	50.54%
Feb 26	51.5%
Feb 26	49.84%
Jan 26	49.91%
Jan 26	47.71%
Jan 26	46.16%
Jan 26	47.02%
Jan 26	48.95%
Dec 25	56.76%
Dec 25	57.35%
Dec 25	57.39%
Dec 25	59.01%
Nov 25	55.38%
Nov 25	57.35%
Nov 25	57.01%
Nov 25	59.97%
Oct 25	57.05%
Oct 25	54.79%
Oct 25	51.31%
Oct 25	53.39%
Oct 25	54.48%
Sep 25	57.63%
Sep 25	57.04%
Sep 25	56.7%
Sep 25	58.82%
Aug 25	56.58%
Aug 25	53.56%
Aug 25	53.79%
Aug 25	53.01%
Aug 25	54.54%
Jul 25	51.8%
Jul 25	55.25%
Jul 25	55.44%
Jul 25	49.64%
Jun 25	35.26%
Jun 25	36.68%
Jun 25	36.91%
Jun 25	37.5%
May 25	36.83%
May 25	35.9%
May 25	33.99%
May 25	34.78%
May 25	34.72%
Apr 25	35.8%
Apr 25	36.43%
Apr 25	39.02%
Apr 25	37.81%
Mar 25	10.42%
Mar 25	10.16%
Mar 25	10.24%
Mar 25	9.88%
Feb 25	9.91%
Feb 25	9.73%
Feb 25	9.04%
Feb 25	9.24%
Jan 25	9.1%
Jan 25	8.53%
Jan 25	8.71%
Jan 25	9.22%
Jan 25	8.98%
Dec 24	-0.12%
Dec 24	-0.12%
Dec 24	-0.12%
Dec 24	-0.11%
Nov 24	-0.11%
Nov 24	-0.11%
Nov 24	-0.11%
Nov 24	-0.11%
Nov 24	-0.11%
Oct 24	-0.11%

Price to Sales

JM.ST Price to Sales by year
Period	Price to Sales
Sep 26	0.75
Sep 26	0.76
Sep 26	0.8
Aug 26	0.8
Aug 26	0.76
Aug 26	0.79
Aug 26	0.78
Jul 26	0.76
Jul 26	0.75
Jul 26	0.75
Jul 26	0.76
Jul 26	0.92
Jun 26	0.79
Jun 26	0.69
Jun 26	0.69
Jun 26	0.7
May 26	0.72
May 26	0.69
May 26	0.7
May 26	0.71
Apr 26	0.7
Apr 26	0.72
Apr 26	0.73
Apr 26	0.74
Apr 26	0.71
Mar 26	0.63
Mar 26	0.61
Mar 26	0.66
Mar 26	0.69
Feb 26	0.73
Feb 26	0.74
Feb 26	0.72
Feb 26	0.75
Jan 26	0.74
Jan 26	0.78
Jan 26	0.8
Jan 26	0.79
Jan 26	0.76
Dec 25	0.71
Dec 25	0.7
Dec 25	0.7
Dec 25	0.68
Nov 25	0.73
Nov 25	0.7
Nov 25	0.71
Nov 25	0.67
Oct 25	0.71
Oct 25	0.74
Oct 25	0.79
Oct 25	0.76
Oct 25	0.74
Sep 25	0.63
Sep 25	0.63
Sep 25	0.64
Sep 25	0.62
Aug 25	0.64
Aug 25	0.68
Aug 25	0.67
Aug 25	0.68
Aug 25	0.66
Jul 25	0.7
Jul 25	0.66
Jul 25	0.65
Jul 25	0.73
Jun 25	0.69
Jun 25	0.66
Jun 25	0.66
Jun 25	0.65
May 25	0.66
May 25	0.68
May 25	0.72
May 25	0.7
May 25	0.7
Apr 25	0.68
Apr 25	0.67
Apr 25	0.62
Apr 25	0.64
Mar 25	0.68
Mar 25	0.69
Mar 25	0.69
Mar 25	0.71
Feb 25	0.71
Feb 25	0.72
Feb 25	0.78
Feb 25	0.76
Jan 25	0.78
Jan 25	0.83
Jan 25	0.81
Jan 25	0.76
Jan 25	0.79
Dec 24	0.7
Dec 24	0.7
Dec 24	0.72
Dec 24	0.74
Nov 24	0.74
Nov 24	0.75
Nov 24	0.77
Nov 24	0.8
Nov 24	0.77
Oct 24	0.74

EV/EBITDA

JM.ST EV/EBITDA by year
Period	EV/EBITDA
Sep 26	66.48
Sep 26	66.67
Sep 26	68
Aug 26	68.23
Aug 26	66.89
Aug 26	67.89
Aug 26	67.44
Jul 26	66.61
Jul 26	66.31
Jul 26	66.27
Jul 26	66.74
Jul 26	72.25
Jun 26	54.62
Jun 26	51.43
Jun 26	51.52
Jun 26	51.75
May 26	52.47
May 26	51.41
May 26	51.6
May 26	52.09
Apr 26	51.58
Apr 26	52.41
Apr 26	52.77
Apr 26	53.03
Apr 26	51.98
Mar 26	33.56
Mar 26	33.1
Mar 26	34.27
Mar 26	34.97
Feb 26	35.84
Feb 26	35.9
Feb 26	35.59
Feb 26	36.13
Jan 26	36.11
Jan 26	36.88
Jan 26	37.47
Jan 26	37.14
Jan 26	36.44
Dec 25	32.15
Dec 25	32
Dec 25	31.98
Dec 25	31.58
Nov 25	32.51
Nov 25	32
Nov 25	32.08
Nov 25	31.36
Oct 25	32.07
Oct 25	32.68
Oct 25	33.72
Oct 25	33.08
Oct 25	32.76
Sep 25	27.49
Sep 25	27.62
Sep 25	27.7
Sep 25	27.25
Aug 25	27.72
Aug 25	28.43
Aug 25	28.38
Aug 25	28.57
Aug 25	28.19
Jul 25	28.88
Jul 25	28.03
Jul 25	27.98
Jul 25	29.48
Jun 25	27.15
Jun 25	26.66
Jun 25	26.59
Jun 25	26.39
May 25	26.61
May 25	26.93
May 25	27.62
May 25	27.32
May 25	27.35
Apr 25	26.96
Apr 25	26.74
Apr 25	25.93
Apr 25	26.29
Mar 25	35.26
Mar 25	35.62
Mar 25	35.52
Mar 25	36.04
Feb 25	36
Feb 25	36.27
Feb 25	37.43
Feb 25	37.08
Jan 25	37.32
Jan 25	38.39
Jan 25	38.05
Jan 25	37.11
Jan 25	37.53
Dec 24	23.96
Dec 24	23.93
Dec 24	24.17
Dec 24	24.49
Nov 24	24.43
Nov 24	24.62
Nov 24	24.84
Nov 24	25.39
Nov 24	24.9
Oct 24	24.47

Price/Operating Cashflow

JM.ST Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Sep 26	33.34
Sep 26	33.59
Sep 26	35.27
Aug 26	35.57
Aug 26	33.86
Aug 26	35.14
Aug 26	34.57
Jul 26	33.5
Jul 26	33.12
Jul 26	33.07
Jul 26	33.67
Jul 26	40.69
Jun 26	6.08
Jun 26	5.3
Jun 26	5.32
Jun 26	5.38
May 26	5.55
May 26	5.29
May 26	5.34
May 26	5.46
Apr 26	5.34
Apr 26	5.54
Apr 26	5.63
Apr 26	5.69
Apr 26	5.43
Mar 26	1.6
Mar 26	1.55
Mar 26	1.68
Mar 26	1.76
Feb 26	1.86
Feb 26	1.87
Feb 26	1.83
Feb 26	1.89
Jan 26	1.89
Jan 26	1.98
Jan 26	2.05
Jan 26	2.01
Jan 26	1.93
Dec 25	1.76
Dec 25	1.74
Dec 25	1.74
Dec 25	1.69
Nov 25	1.81
Nov 25	1.74
Nov 25	1.75
Nov 25	1.67
Oct 25	1.75
Oct 25	1.83
Oct 25	1.95
Oct 25	1.87
Oct 25	1.84
Sep 25	1.74
Sep 25	1.75
Sep 25	1.76
Sep 25	1.7
Aug 25	1.77
Aug 25	1.87
Aug 25	1.86
Aug 25	1.89
Aug 25	1.83
Jul 25	1.93
Jul 25	1.81
Jul 25	1.8
Jul 25	2.01
Jun 25	2.84
Jun 25	2.73
Jun 25	2.71
Jun 25	2.67
May 25	2.72
May 25	2.79
May 25	2.94
May 25	2.87
May 25	2.88
Apr 25	2.79
Apr 25	2.74
Apr 25	2.56
Apr 25	2.64
Mar 25	9.58
Mar 25	9.83
Mar 25	9.76
Mar 25	10.11
Feb 25	10.08
Feb 25	10.27
Feb 25	11.06
Feb 25	10.82
Jan 25	10.98
Jan 25	11.71
Jan 25	11.47
Jan 25	10.84
Jan 25	11.12
Jun 24	12.09
Jun 24	11.84
Jun 24	11.88
Jun 24	12.51
May 24	12.36
May 24	12.17
May 24	12.69
May 24	12.25
May 24	11.79
Apr 24	11.1

Price to Book

JM.ST Price to Book by year
Period	Price to Book
Sep 26	0.98
Sep 26	0.99
Sep 26	1.04
Aug 26	1.05
Aug 26	1
Aug 26	1.04
Aug 26	1.02
Jul 26	0.99
Jul 26	0.98
Jul 26	0.98
Jul 26	0.99
Jul 26	1.2
Jun 26	1.07
Jun 26	0.93
Jun 26	0.93
Jun 26	0.94
May 26	0.98
May 26	0.93
May 26	0.94
May 26	0.96
Apr 26	0.94
Apr 26	0.97
Apr 26	0.99
Apr 26	1
Apr 26	0.95
Mar 26	0.94
Mar 26	0.91
Mar 26	0.98
Mar 26	1.03
Feb 26	1.09
Feb 26	1.09
Feb 26	1.07
Feb 26	1.11
Jan 26	1.1
Jan 26	1.15
Jan 26	1.19
Jan 26	1.17
Jan 26	1.13
Dec 25	1.1
Dec 25	1.08
Dec 25	1.08
Dec 25	1.05
Nov 25	1.12
Nov 25	1.08
Nov 25	1.09
Nov 25	1.04
Oct 25	1.09
Oct 25	1.14
Oct 25	1.21
Oct 25	1.17
Oct 25	1.14
Sep 25	1.07
Sep 25	1.08
Sep 25	1.08
Sep 25	1.05
Aug 25	1.09
Aug 25	1.15
Aug 25	1.14
Aug 25	1.16
Aug 25	1.13
Jul 25	1.19
Jul 25	1.11
Jul 25	1.11
Jul 25	1.24
Jun 25	1.2
Jun 25	1.16
Jun 25	1.15
Jun 25	1.13
May 25	1.15
May 25	1.18
May 25	1.25
May 25	1.22
May 25	1.22
Apr 25	1.19
Apr 25	1.17
Apr 25	1.09
Apr 25	1.12
Mar 25	1.17
Mar 25	1.2
Mar 25	1.19
Mar 25	1.24
Feb 25	1.23
Feb 25	1.26
Feb 25	1.35
Feb 25	1.32
Jan 25	1.34
Jan 25	1.43
Jan 25	1.4
Jan 25	1.32
Jan 25	1.36
Dec 24	1.34
Dec 24	1.33
Dec 24	1.37
Dec 24	1.41
Nov 24	1.4
Nov 24	1.43
Nov 24	1.45
Nov 24	1.53
Nov 24	1.46
Oct 24	1.4

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JM AB (publ)

Video analysis: JM.ST

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