Haldex (HLDX.ST) Stock Price

Haldex Price

Delisted

Revenue at Haldex has contracted by 1.7% per year over the past 19 years to 4.61 B SEK. Earnings per share have grown at 20.6% per year over the last 5 years. For Haldex, the net margin of 4.9% is up versus 1.7% a few years ago.

Haldex stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Haldex over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Haldex stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Haldex's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Haldex Stock Price History
DateHaldex Price
Access this data via the Eulerpool API

Haldex Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2019
5.15 B SEK
105.00 M SEK
1.00 M SEK
Jan 1, 2020
4.01 B SEK
-142.00 M SEK
-304.00 M SEK
Jan 1, 2021
4.61 B SEK
341.00 M SEK
226.00 M SEK
Jan 1, 2022 (e)
5.29 B SEK
383.52 M SEK
236.32 M SEK
Jan 1, 2023 (e)
5.72 B SEK
390.66 M SEK
238.75 M SEK
Jan 1, 2024 (e)
6.18 B SEK
459.00 M SEK
300.57 M SEK
Jan 1, 2025 (e)
6.27 B SEK
471.77 M SEK
330.70 M SEK
Jan 1, 2026 (e)
6.36 B SEK
480.91 M SEK
371.13 M SEK

Haldex Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 13, 2026, 8:09 AM
 
REVENUEB SEK
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB SEK
EBITM SEK
EBIT MARGIN%
NET INCOMEM SEK
NET INCOME GROWTH%
SHARESM
201120122013201420152016201720182019202020212022e2023e2024e2025e2026e
4.033.933.924.384.784.374.465.125.154.014.615.295.726.186.276.36
-29.14-2.41-0.3311.739.06-8.442.0114.720.63-22.2115.1014.747.998.121.491.40
31.2732.0427.8828.2628.4527.8727.4525.5125.9927.2827.3227.3227.3227.3227.3227.32
1.261.261.091.241.361.221.231.311.341.091.261.451.561.691.711.74
235.00150.00142.00396.00433.00204.00149.00255.00105.00-142.00341.00383.00390.00459.00471.00480.00
5.833.813.629.049.064.663.344.982.04-3.547.397.246.827.437.517.55
136.0045.0035.00102.00189.0088.0074.00148.001.00-304.00226.00236.00238.00300.00330.00371.00
312.12-66.91-22.22191.4385.29-53.44-15.91100.00-99.32-30,500.00-174.344.420.8526.0510.0012.42
48.6348.6348.6348.6348.6348.375.6650.7544.2048.6348.6348.6348.6348.6348.6348.63
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Haldex generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Haldex retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Haldex's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Haldex has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Haldex's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Haldex stock margins

The Haldex margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Haldex. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Haldex.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2017
27.45 %
3.34 %
1.66 %
Jan 1, 2018
25.51 %
4.98 %
2.89 %
Jan 1, 2019
25.99 %
2.04 %
0.02 %
Jan 1, 2020
27.28 %
-3.54 %
-7.59 %
Jan 1, 2021
27.32 %
7.39 %
4.90 %
Jan 1, 2022 (e)
27.32 %
7.25 %
4.47 %
Jan 1, 2023 (e)
27.32 %
6.83 %
4.18 %
Jan 1, 2024 (e)
27.32 %
7.43 %
4.86 %

Haldex Stock Revenue, EBIT, Earnings per Share

The Haldex earnings per share therefore indicates how much revenue Haldex has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2017
788.28 SEK
26.32 SEK
13.07 SEK
Jan 1, 2018
100.86 SEK
5.02 SEK
2.92 SEK
Jan 1, 2019
116.53 SEK
2.38 SEK
0.02 SEK
Jan 1, 2020
82.40 SEK
-2.92 SEK
-6.25 SEK
Jan 1, 2021
94.85 SEK
7.01 SEK
4.65 SEK
Jan 1, 2022 (e)
108.83 SEK
7.89 SEK
4.86 SEK
Jan 1, 2023 (e)
117.55 SEK
8.03 SEK
4.91 SEK
Jan 1, 2024 (e)
127.09 SEK
9.44 SEK
6.18 SEK

Haldex business model & stock analysis

Haldex AB is a Swedish company specializing in the development, manufacture, and sale of brake and chassis products for heavy commercial vehicles. The company works closely with leading vehicle manufacturers and aftermarket partners to develop and produce innovative brake and chassis technologies. Haldex AB is divided into two main divisions: Haldex Brake Products and Haldex Traction Systems. Haldex offers a wide range of brake products, including brake pads, brake discs, brake cylinders, brake valves, and brake calipers. They also offer a variety of traction systems, including all-wheel drive systems, air suspension systems, and axle and spring components. Overall, Haldex AB is committed to safety, environmental sustainability, and efficiency in the commercial vehicle industry.

Haldex SWOT Analysis

Strengths

Haldex AB has a strong global presence and a well-established brand reputation in the automotive industry.

The company has a diverse product portfolio and a strong focus on innovation, allowing them to offer technologically advanced solutions.

Haldex AB benefits from strategic partnerships with major automotive manufacturers, providing them with a competitive advantage.

Weaknesses

Haldex AB is highly dependent on the performance of the global automotive market, making them vulnerable to economic downturns.

The company may face challenges in adapting to rapidly changing industry trends and regulations, potentially affecting their market position.

Opportunities

The increasing demand for electric and hybrid vehicles presents an opportunity for Haldex AB to expand their product offerings in this growing market segment.

The rise of autonomous vehicles opens up new possibilities for Haldex AB to develop advanced technologies and systems for automotive safety and control.

Expansion into emerging markets, such as Asia and South America, can provide Haldex AB with new revenue streams and a broader customer base.

Threats

Intense competition from both established and emerging players in the automotive industry poses a threat to Haldex AB's market share and profitability.

Economic uncertainty and fluctuations in exchange rates can impact Haldex AB's financial performance, especially considering their global operations.

Changes in government regulations and policies related to environmental standards and trade agreements could create challenges for Haldex AB's business operations.

Haldex Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Haldex historical P/E ratio, EBIT multiple, and P/S ratio

Haldex annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Haldex shares outstanding

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Number of stocks
Details
Date
Number of stocks
Jan 1, 2017
5.66 M Stocks
Jan 1, 2018
50.75 M Stocks
Jan 1, 2019
44.20 M Stocks
Jan 1, 2020
48.63 M Stocks
Jan 1, 2021
48.63 M Stocks
Jan 1, 2022 (e)
48.63 M Stocks
Jan 1, 2023 (e)
48.63 M Stocks
Jan 1, 2024 (e)
48.63 M Stocks

Haldex stock splits

In Haldex's history, there have been no stock splits.

Haldex Dividend History

17 years of dividend payments

YearAnnual DividendYoY ChangePayments
20191.15SEK 109.1%
20180.55SEK 72.5%
20162.00SEK 33.3%
20153.00SEK 50.0%
20142.00SEK 100.0%
20131.00SEK 50.0%
20122.00SEK 33.3%
20113.00SEK 33.3%
20084.50SEK 0.0%
20074.50SEK 12.5%

Haldex dividend payout ratio

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Payout ratio
Details
Date
Payout ratio
Jan 1, 2017
1,737.43 %
Jan 1, 2018
18.86 %
Jan 1, 2019
5,083.49 %
Jan 1, 2020
2,279.93 %
Jan 1, 2021
2,460.76 %
Jan 1, 2022 (e)
3,274.73 %
Jan 1, 2023 (e)
2,671.81 %
Jan 1, 2024 (e)
2,802.43 %
Price targets and forecasts for Haldex are not yet available.

Haldex Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
2/17/20230.92SEK-1.23 BSEK-2022 Q4
10/27/20221.37SEK-1.39 BSEK-2022 Q3
7/19/20221.07SEK-1.31 BSEK-2022 Q2
4/28/20221.15SEK-1.22 BSEK-2022 Q1
2/10/20221.13SEK-1.17 BSEK-2021 Q4
10/21/20211.04SEK-1.07 BSEK-2021 Q3
7/16/20211.57SEK-1.12 BSEK-2021 Q2
4/22/20211.25SEK-1.14 BSEK-2021 Q1
2/11/20210.88SEK-1.10 BSEK-2020 Q4
10/22/20200.40SEK-1.04 BSEK-2020 Q3
...

Haldex shareholder structure

% Name
93.35380%
Saf-Holland Se
Saf-Holland Se
3.20653%
Nordea Funds Oy
Nordea Funds Oy
2.74691%
Dimensional Fund Advisors, L.P.
Dimensional Fund Advisors, L.P.
1.23391%
AXA Investment Managers Paris
AXA Investment Managers Paris
1.09281%
Avanza Bank Holding AB
Avanza Bank Holding AB
0.95677%
Strand Kapitalförvaltning AB
Strand Kapitalförvaltning AB

Haldex Executives and Management Board

16 members · avg. age 57 · 31 % women

JD

Mr. Jean-Luc Desire

President, Chief Executive Officer, Acting Executive Vice President - Global Sales and Product Management

5.51 M SEK

Management

LS

Ms. Lottie Saks (54)

Chief Financial Officer

BL

Ms. Bea Legradi

Executive Vice President - Human Resources

MC

Mr. Mathias Carlsson

Executive Vice President - Purchasing

WF

Mr. Walter Frankiewicz (63)

Executive Vice President, Americas

NG

Ms. Nicola Gregory (48)

Executive Vice President - Supply Chain and Operations

SK

Mr. Stephan Kulle (55)

Executive Vice President, EMEA

Board of Directors

HK

Mr. Hakan Karlsson (61)

Independent Chairman of the Board

800,000.00 SEK
DB

Mr. Detlef Borghardt (59)

Independent Director

500,000.00 SEK
VE

Ms. Viveka Ekberg (60)

Independent Director

400,000.00 SEK
DM

Mr. Dzeki Mackinovski (56)

Independent Director

325,000.00 SEK
CN

Ms. Catharina Modahl Nilsson (59)

Independent Director

325,000.00 SEK
PH

Mr. Per Holmqvist (61)

Director, Employee Representative of PTK Union Branches

Frequently asked questions about Haldex

Haldex AB operates under a business model that focuses on designing and manufacturing innovative brake systems for commercial vehicles. As a global leader in the industry, Haldex AB specializes in providing advanced solutions for braking, control, and suspension systems that enhance vehicle safety and performance. By delivering high-quality products and services, Haldex AB aims to meet the evolving needs of their customers while sustaining profitable growth. With their expertise and commitment to technological advancements, Haldex AB continues to establish itself as a trusted partner in the commercial vehicle industry.

Haldex AB is primarily active in the automotive industry.

The main competitors of Haldex AB in the market are Meritor, Wabco, and Bendix.

Haldex AB is a renowned company with a rich history and background. Established in 1887, Haldex has grown to become a leading provider of innovative solutions for the global commercial vehicle industry. The company specializes in brake and suspension systems, focusing on enhancing vehicle performance, safety, and environmental sustainability. Haldex AB has a strong reputation for delivering cutting-edge technologies and expertise, catering to various customers in both original equipment manufacturers (OEMs) and the aftermarket. With its extensive experience and commitment to excellence, Haldex AB continues to pave the way for advancements in vehicle efficiency and mobility worldwide.

Haldex AB, a leading company in the automotive industry, has achieved several significant milestones throughout its history. One notable achievement is its establishment in 1887, making it one of the oldest players in the market. Haldex AB has also excelled in developing innovative technologies, such as its revolutionary Electronic Braking System (EBS), which has set new standards for vehicle safety. Another milestone for Haldex AB was its successful listing on the Stockholm Stock Exchange in 1994, allowing it to expand its operations globally. Over the years, the company has continued to strengthen its position as a key supplier to major automobile manufacturers worldwide, solidifying its reputation for excellence and innovation.

Haldex AB is primarily present in multiple countries and regions globally. Some of the key regions where Haldex AB operates include Europe, North America, Asia-Pacific, and South America. With a strong international presence, Haldex AB serves customers and partners across these regions, offering a wide range of innovative solutions and services in the automotive industry.

Haldex AB is a renowned company that prioritizes valuable principles and a strong corporate philosophy. Haldex AB believes in integrity, transparency, and teamwork, which are the foundation of its success. The company's core values include continuous improvement, customer focus, respect, and professionalism. Haldex AB is committed to providing innovative solutions, exceptional customer service, and maintaining long-term partnerships. By upholding these values, Haldex AB strives to create a positive and sustainable impact in the industry.

9 analysts currently rate the Haldex stock: 0 recommend buying, 3 holding and 6 selling.

The Haldex share (HLDX.ST) is listed on 5 stock exchanges, including: Frankfurt (HLV.F), München (HLV.MU), London (0O93.L).

Haldex AB is a globally operating company that specializes in the development and production of braking systems and air suspension systems for heavy commercial vehicles. The company was founded in Sweden in 1902 and today has branches in Europe, North America, Asia, and South America. Haldex's divisions include braking systems, air suspension systems, and EBS (Electronic Braking System). In the area of braking systems, Haldex offers a wide range of products, including disc brakes, drum brakes, and combination brakes. Haldex disc brakes are known for their high performance and low operating costs. Haldex drum brakes are widely used due to their durability and low maintenance costs. Haldex combination brakes combine the advantages of disc and drum brakes in one system. Haldex's air suspension system provides comfortable suspension and high stability for heavy commercial vehicles. The system consists of air springs, compressors, and control components. It is also equipped with a protection system that prevents damage from overloading. Haldex also offers EBS solutions that provide improved braking performance and optimized control over the vehicle. Haldex relies on partnerships and long-term relationships with customers and suppliers. The company works closely with leading commercial vehicle manufacturers and continuously works on innovative solutions to meet market requirements and increase customer satisfaction. Haldex also emphasizes sustainability and environmental friendliness. The company is committed to minimizing the impact of its business operations on the environment and continuously works on improving its ecological footprint. Haldex has developed a range of environmentally friendly product solutions, including recyclable materials and energy-saving technologies. Haldex's business model is based on providing high-quality products tailored to the constantly changing needs of the market and customers. The company operates in a steadily growing industry and has a strong market position. Haldex pursues an offensive growth strategy based on expanding its product portfolio, entering new markets, and intensifying existing customer relationships. In summary, Haldex is a globally operating company specializing in the development and production of braking systems and air suspension systems for heavy commercial vehicles. The company offers a wide range of products tailored to the needs of the market and customers. Haldex relies on partnerships and sustainability and pursues an offensive growth strategy. Haldex's business model has proven successful and is expected to continue to flourish.

The revenue cannot currently be calculated for Haldex.

The profit cannot currently be calculated for Haldex.

The P/E ratio cannot be calculated for Haldex at the moment.

The P/S cannot be calculated for Haldex currently.

The Eulerpool Quality Score for Haldex is 2/10.

The ISIN of Haldex is SE0000105199. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Haldex is 891112. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Haldex is HLDX.ST. The ticker symbol is used to trade Haldex shares on the stock exchange.

The current dividend yield of Haldex is - %.

Haldex is assigned to the 'Industry' sector.

The dividends of Haldex are distributed in SEK.

All fundamentals and in-depth analysis of Haldex

Our stock analysis for Haldex stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Haldex. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.