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Added to YB: 2026-01-19

Pitch date: 2026-01-15

ASTOR.ST [bullish]

Scandinavian Astor Group AB (publ)

Author Info

No bio for this author

Company Info

Scandinavian Astor Group AB (publ) produces and develops solutions to defense and industrial sectors in Europe, Africa, the Middle East, the Americas, and Asia.

Market Cap

EUR 1.7B

Pitch Price

EUR 2.37

Price Target

N/A

Dividend

N/A

EV/EBITDA

30.42

P/E

74.18

EV/Sales

4.65

Sector

Aerospace and Defense

Category

growth

Show full summary:
Scandinavian Astor Group AB (publ) NGM-ASTOR

ASTOR.ST: Swedish defense roll-up targeting SEK2.5B revenue by 2028 (82% CAGR) at 15% EBITDA margin vs current 9%. Three divisions: composites (Astor Industry), electronic warfare/anti-drone systems (Astor Tech at 30% margins), ammunition/protection (Astor Protect). Order book +129% YoY. Share price down 50% from June highs despite strong fundamentals and NATO 5% GDP defense spending target driving demand.

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