Note AB (publ) (NOTE.ST) Stock Price

Note AB (publ) Price

OMX·CLOSED
149.70SEK+0.70 (+0.47 %)
Market closed

Revenue has compounded at 4.2% per year over the past 19 years to 3.81 B SEK. Earnings per share have grown at 5.8% per year over the last 19 years. Note AB (publ)'s net margin stands at 7.4%, broadly stable from 7.3% several years earlier. Note AB (publ) currently offers a dividend yield of about 4.68%. The payout ratio is around 71% of earnings. The dividend has grown at 14.9% per year over the past 19 years. Analysts set a median price target of 187.17 SEK, implying 25.0% above the current price. Of 9 analysts, 6 rate the stock a buy — an overall Buy consensus. The stock trades about 6% above its 52-week low.

Note AB (publ) stock price

Volume
Ex-Dividend
Details

Stock Price

ⓘ

How to Read This Chart

This chart tracks the historical stock price of Note AB (publ) 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 Note AB (publ) 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 Note AB (publ)'s price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Note AB (publ) Stock Price History
DateNote AB (publ) Price
8/6/2026149.70 SEK
8/5/2026149.00 SEK
8/4/2026146.90 SEK
7/31/2026144.00 SEK
7/30/2026145.00 SEK
7/29/2026143.40 SEK
7/28/2026144.80 SEK
7/27/2026144.10 SEK
7/24/2026145.60 SEK
7/23/2026148.10 SEK
7/22/2026146.90 SEK
7/21/2026141.60 SEK
7/20/2026142.80 SEK
7/17/2026144.20 SEK
7/16/2026144.00 SEK
7/15/2026147.40 SEK
7/14/2026148.10 SEK
7/13/2026145.10 SEK
7/10/2026151.50 SEK
7/9/2026154.90 SEK
7/8/2026150.40 SEK
7/7/2026152.50 SEK
7/6/2026155.40 SEK
7/3/2026156.60 SEK
7/2/2026154.60 SEK
7/1/2026156.30 SEK
6/30/2026157.60 SEK
6/29/2026158.10 SEK
6/26/2026159.80 SEK
6/25/2026162.70 SEK
6/24/2026161.20 SEK
6/23/2026158.30 SEK
6/22/2026160.70 SEK
6/18/2026161.60 SEK
6/17/2026163.70 SEK
6/16/2026162.60 SEK
6/15/2026169.00 SEK
6/12/2026171.00 SEK
6/11/2026169.90 SEK
6/10/2026175.10 SEK
6/9/2026177.90 SEK
6/8/2026181.80 SEK
6/5/2026189.30 SEK
6/4/2026186.50 SEK
6/3/2026189.00 SEK
6/2/2026184.40 SEK
6/1/2026181.40 SEK
5/29/2026188.00 SEK
5/28/2026185.80 SEK
5/27/2026185.30 SEK
5/26/2026185.60 SEK
5/25/2026188.00 SEK
5/22/2026181.50 SEK
5/21/2026179.60 SEK
5/20/2026179.60 SEK
5/19/2026175.50 SEK
5/18/2026174.00 SEK
5/15/2026176.80 SEK
5/13/2026178.50 SEK
5/12/2026174.50 SEK
5/11/2026174.60 SEK
5/8/2026175.00 SEK
5/7/2026174.60 SEK
5/6/2026175.60 SEK
5/5/2026169.80 SEK
5/4/2026168.00 SEK
4/30/2026170.60 SEK
4/29/2026172.30 SEK
4/28/2026172.30 SEK
4/27/2026177.30 SEK
4/24/2026192.80 SEK
4/23/2026188.00 SEK
4/22/2026197.20 SEK
4/21/2026201.20 SEK
4/20/2026203.60 SEK
4/17/2026203.00 SEK
4/16/2026202.20 SEK
4/15/2026197.70 SEK
4/14/2026197.10 SEK
4/13/2026196.80 SEK
4/10/2026196.80 SEK
4/9/2026187.00 SEK
4/8/2026185.50 SEK
4/7/2026175.65 SEK
4/2/2026171.27 SEK
3/27/2026167.42 SEK
3/26/2026171.43 SEK
3/25/2026171.72 SEK
3/24/2026171.02 SEK
3/23/2026173.28 SEK
3/20/2026174.25 SEK
3/19/2026184.20 SEK
3/17/2026189.41 SEK
3/16/2026188.61 SEK
3/13/2026186.80 SEK
3/12/2026185.70 SEK
3/11/2026186.28 SEK
3/10/2026187.98 SEK
3/9/2026185.20 SEK
3/6/2026192.12 SEK
3/5/2026196.41 SEK
2/27/2026197.50 SEK
2/26/2026197.80 SEK
2/25/2026195.86 SEK
2/23/2026186.89 SEK
2/20/2026184.51 SEK
2/19/2026180.96 SEK
2/18/2026176.40 SEK
2/17/2026171.20 SEK
2/16/2026164.91 SEK
2/13/2026166.60 SEK
2/12/2026162.62 SEK
2/11/2026163.91 SEK
2/10/2026165.67 SEK
2/9/2026164.64 SEK
2/6/2026163.60 SEK
2/5/2026163.39 SEK
2/4/2026164.01 SEK
2/3/2026164.96 SEK
2/2/2026164.51 SEK
1/30/2026166.63 SEK
1/29/2026165.46 SEK
1/28/2026168.83 SEK
1/27/2026167.38 SEK
1/23/2026166.21 SEK
1/22/2026166.63 SEK
1/21/2026162.89 SEK
1/20/2026164.45 SEK
1/19/2026164.70 SEK
1/16/2026170.70 SEK
1/15/2026171.19 SEK
1/14/2026173.18 SEK
1/13/2026173.59 SEK
1/12/2026174.50 SEK
1/9/2026173.93 SEK
1/8/2026178.35 SEK
1/7/2026182.69 SEK
1/5/2026180.92 SEK
1/2/2026181.90 SEK
12/30/2025181.55 SEK
12/29/2025181.45 SEK
12/23/2025179.04 SEK
12/22/2025177.26 SEK
12/19/2025177.41 SEK
12/18/2025176.73 SEK
12/17/2025177.00 SEK
12/16/2025177.10 SEK
12/15/2025176.95 SEK
12/12/2025179.53 SEK
12/11/2025177.39 SEK
12/10/2025177.74 SEK
12/9/2025178.96 SEK
12/8/2025181.92 SEK
12/5/2025181.10 SEK
12/4/2025181.21 SEK
12/3/2025176.99 SEK
12/2/2025176.55 SEK
12/1/2025176.73 SEK
11/28/2025178.79 SEK
11/27/2025178.32 SEK
11/26/2025177.68 SEK
11/25/2025177.60 SEK
11/24/2025175.00 SEK
11/21/2025174.25 SEK
11/20/2025177.11 SEK
11/19/2025175.24 SEK
11/18/2025173.18 SEK
11/17/2025175.46 SEK
11/14/2025175.65 SEK
11/13/2025178.07 SEK
11/12/2025178.20 SEK
11/11/2025178.77 SEK
11/10/2025178.00 SEK
11/7/2025177.60 SEK
11/6/2025178.89 SEK
11/5/2025181.59 SEK
11/4/2025186.40 SEK
11/3/2025190.71 SEK
10/31/2025188.55 SEK
10/30/2025188.79 SEK
10/29/2025186.70 SEK
10/28/2025185.58 SEK
10/27/2025182.87 SEK
10/24/2025180.77 SEK
10/23/2025179.34 SEK
10/22/2025178.52 SEK
10/21/2025175.66 SEK
10/20/2025174.38 SEK
10/17/2025177.08 SEK
10/16/2025179.61 SEK
10/15/2025196.56 SEK
10/14/2025196.30 SEK
10/13/2025194.62 SEK
10/10/2025196.92 SEK
10/9/2025198.63 SEK
10/8/2025201.28 SEK
10/7/2025199.39 SEK
10/6/2025198.55 SEK
10/3/2025197.06 SEK
10/2/2025195.77 SEK
10/1/2025194.44 SEK
9/29/2025177.60 SEK
9/26/2025180.00 SEK
9/25/2025182.50 SEK
9/24/2025185.34 SEK
9/23/2025196.54 SEK
9/22/2025199.56 SEK
9/19/2025196.42 SEK
9/18/2025193.12 SEK
9/17/2025191.26 SEK
9/16/2025190.29 SEK
9/15/2025192.12 SEK
9/12/2025191.17 SEK
9/11/2025193.11 SEK
9/10/2025191.20 SEK
9/9/2025189.36 SEK
9/8/2025186.88 SEK
9/5/2025185.77 SEK
9/4/2025182.93 SEK
9/3/2025185.60 SEK
9/2/2025184.32 SEK
9/1/2025186.10 SEK
8/29/2025189.04 SEK
8/28/2025186.86 SEK
8/27/2025189.70 SEK
8/26/2025194.60 SEK
8/25/2025195.82 SEK
8/22/2025191.95 SEK
8/21/2025193.10 SEK
8/20/2025188.90 SEK
8/19/2025188.63 SEK
8/18/2025186.60 SEK
8/15/2025184.26 SEK
8/14/2025184.79 SEK
8/13/2025182.80 SEK
8/12/2025183.39 SEK
8/11/2025184.52 SEK
Access this data via the Eulerpool API
Get Free API Key

Note AB (publ) Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
3.69 B SEK
415.13 M SEK
254.24 M SEK
Jan 1, 2023
4.24 B SEK
433.82 M SEK
319.96 M SEK
Jan 1, 2024
3.90 B SEK
386.35 M SEK
248.03 M SEK
Jan 1, 2025
3.81 B SEK
365.19 M SEK
281.74 M SEK
Jan 1, 2026 (e)
4.59 B SEK
497.81 M SEK
294.82 M SEK
Jan 1, 2027 (e)
5.15 B SEK
559.57 M SEK
375.98 M SEK
Jan 1, 2028 (e)
5.48 B SEK
595.31 M SEK
415.99 M SEK
Jan 1, 2029 (e)
5.84 B SEK
634.18 M SEK
453.09 M SEK

Note AB (publ) Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 9, 2026, 7:55 PM
 
REVENUEB SEK
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM SEK
EBITM SEK
EBIT MARGIN%
NET INCOMEM SEK
NET INCOME GROWTH%
DIV.SEK
DIV. GROWTH%
SHARESM
2014201520162017201820192020202120222023202420252026e2027e2028e2029e
0.961.121.101.181.381.761.872.643.694.243.903.814.595.155.485.84
6.2816.29-2.057.0117.2827.726.4241.1139.5015.08-8.08-2.2120.2112.396.406.53
10.5810.8811.9311.9112.4111.7011.9613.3612.8312.0913.3113.8713.8713.8713.8713.87
102.00122.00131.00140.00171.00206.00224.00353.00473.00513.00519.00529.00635.94714.72760.49810.14
31.0045.0060.0071.00109.00148.00172.00277.00415.00433.00386.00365.00497.00559.00595.00634.00
3.224.015.466.047.918.419.1810.4811.2610.219.909.5710.8410.8510.8510.85
24.0034.0045.0072.0064.0092.00115.00194.00254.00319.00248.00281.00294.00375.00415.00453.00
–41.6732.3560.00-11.1143.7525.0068.7030.9325.59-22.2613.314.6327.5510.679.16
–0.500.700.701.000.70–––––7.008.4010.0812.10–
––40.00–42.86-30.00––––––20.0020.0020.04–
28.9028.8728.8729.1728.8728.9728.5528.8628.9828.9828.8228.5028.5028.5028.5028.50
Details

Income Statement Key Figures

ⓘ

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Note AB (publ) 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 Note AB (publ) 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 Note AB (publ)'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 Note AB (publ) 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 Note AB (publ)'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.

Note AB (publ) stock margins

The Note AB (publ) margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Note AB (publ). 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 Note AB (publ).

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
13.38 %
10.50 %
7.34 %
Jan 1, 2022
12.83 %
11.26 %
6.90 %
Jan 1, 2023
12.11 %
10.22 %
7.54 %
Jan 1, 2024
13.32 %
9.90 %
6.36 %
Jan 1, 2025
13.88 %
9.57 %
7.39 %
Jan 1, 2026 (e)
13.88 %
10.86 %
6.43 %
Jan 1, 2027 (e)
13.88 %
10.86 %
7.30 %
Jan 1, 2028 (e)
13.88 %
10.86 %
7.59 %

Note AB (publ) Stock Revenue, EBIT, Earnings per Share

The Note AB (publ) earnings per share therefore indicates how much revenue Note AB (publ) 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.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
91.58 SEK
9.62 SEK
6.72 SEK
Jan 1, 2022
127.22 SEK
14.32 SEK
8.77 SEK
Jan 1, 2023
146.41 SEK
14.97 SEK
11.04 SEK
Jan 1, 2024
135.35 SEK
13.41 SEK
8.61 SEK
Jan 1, 2025
133.86 SEK
12.82 SEK
9.89 SEK
Jan 1, 2026 (e)
160.90 SEK
17.47 SEK
10.35 SEK
Jan 1, 2027 (e)
180.86 SEK
19.64 SEK
13.19 SEK
Jan 1, 2028 (e)
192.41 SEK
20.89 SEK
14.60 SEK

Note AB (publ) business model & stock analysis

Note AB is a Swedish company that operates in the fields of electronics communication and technology. The company was founded in 1988 and has its headquarters in Stockholm. It is listed on the Swedish stock exchange and has a long history in the electronics industry. Business Model Note AB is a provider of electronic assemblies and finished products that can be used in a variety of industries. The company offers its customers a comprehensive range of services, ranging from design and development to production and assembly. With a strict focus on quality and service, Note AB has developed a business model that focuses on the needs of its customers and ensures high customer satisfaction. Various Divisions The company is divided into three divisions: Note CEM, Note Robotics, and Note IoT. Note CEM is the core business of the company and offers electronic assemblies, products, and services to customers in a variety of industries, including automotive, medical, energy, telecommunications, and industrial. Additional services include planning, prototyping, material procurement, assembly, testing, and quality assurance. Note Robotics is another division that focuses on advanced robotics and automation solutions. The company offers a comprehensive range of services and products, ranging from planning and development to production and assembly of robots and automated systems. Note IoT is the company's newest division and focuses on the development of Internet-of-Things (IoT) systems. Here, customers can expect a comprehensive range of services and products, ranging from the design and development of IoT systems to production, assembly, and commissioning. Products Note AB is a provider of electronic assemblies and finished products. The product range includes everything from simple assemblies to high-quality electronic systems and devices. The offered products include circuit boards, sensors, embedded systems, interfaces, switches, and connectors. The company's product range is diverse and covers many applications and needs. An example is the product "Versa HD," developed and produced in collaboration with Elekta, a Swedish medical technology company. This is an advanced radiotherapy system developed by Note AB. One of the advantages of Note AB is that the company is capable of developing and manufacturing customized solutions for its customers. Conclusion Note AB is a leading company in the electronics industry with a wide range of products and services. With a strong presence in various divisions, including electronics communication, robotics, and IoT, Note AB is able to develop and offer customized solutions for its customers. With a focus on quality and service, the company has achieved high customer satisfaction and established a long-term position in the industry.

Note AB (publ) SWOT Analysis

Strengths

Note AB (publ) has a strong market presence and reputation in the industry.

The company has a diverse range of products and services, catering to various customer segments.

Note AB (publ) has a well-established distribution network, ensuring widespread availability of its offerings.

Weaknesses

The company faces intense competition from both established players and emerging startups.

Note AB (publ) has limited international presence, restricting its growth opportunities in global markets.

The company's reliance on a few key suppliers makes its supply chain vulnerable to disruptions.

Opportunities

The growing demand for innovative products presents an opportunity for Note AB (publ) to expand its product portfolio.

Entering new markets and expanding internationally can help the company tap into new customer bases.

Strategic partnerships and collaborations can enhance Note AB (publ)'s capabilities and market reach.

Threats

Economic downturns and fluctuations in exchange rates can impact Note AB (publ)'s financial performance.

Rapid technological advancements may render some of the company's products and services obsolete.

Changes in regulations and compliance requirements can pose challenges for Note AB (publ)'s operations.

Note AB (publ) 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.

Note AB (publ) historical P/E ratio, EBIT multiple, and P/S ratio

Note AB (publ) 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.

Note AB (publ) shares outstanding

The number of shares of Note AB (publ) was 28.5 M in 2025. This indicates how many shares Note AB (publ) is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
28.86 M Stocks
Jan 1, 2022
28.98 M Stocks
Jan 1, 2023
28.98 M Stocks
Jan 1, 2024
28.82 M Stocks
Jan 1, 2025
28.50 M Stocks
Jan 1, 2026 (e)
28.50 M Stocks
Jan 1, 2027 (e)
28.50 M Stocks
Jan 1, 2028 (e)
28.50 M Stocks

Note AB (publ) Dividend History

12 years of dividend payments

YearAnnual DividendYoY ChangePayments
20257.00SEK↑ 900.0%1×
Apr 25, 20257.00SEK↑ 900.0%1/1
20190.70SEK↓ 30.0%1×
20181.00SEK↑ 42.9%1×
20170.70SEK 0.0%1×
20160.70SEK↑ 40.0%1×
20150.50SEK↓ 33.3%1×
20130.75SEK↑ 150.0%1×
20120.30SEK↓ 89.1%1×
20082.75SEK↑ 22.2%1×
20072.25SEK↑ 350.0%1×

Note AB (publ) dividend history and estimates

In 2025, Note AB (publ) paid a dividend amounting to 7.00 SEK. Dividend means that Note AB (publ) distributes a portion of its profits to its owners.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2016
0.70 SEK
0.00 SEK
Jan 1, 2017
0.70 SEK
0.00 SEK
Jan 1, 2018
1.00 SEK
0.00 SEK
Jan 1, 2019
0.70 SEK
0.00 SEK
Jan 1, 2025
7.00 SEK
0.00 SEK
Jan 1, 2026 (e)
0.00 SEK
8.40 SEK
Jan 1, 2027 (e)
0.00 SEK
10.08 SEK
Jan 1, 2028 (e)
0.00 SEK
12.10 SEK

Note AB (publ) dividend payout ratio

In 2025, Note AB (publ) had a payout ratio of 70.80%. The payout ratio indicates the percentage of the company's profits that Note AB (publ) distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
46.24 %
Jan 1, 2022
54.32 %
Jan 1, 2023
57.12 %
Jan 1, 2024
60.75 %
Jan 1, 2025
70.80 %
Jan 1, 2026 (e)
81.19 %
Jan 1, 2027 (e)
76.40 %
Jan 1, 2028 (e)
82.86 %

Current Note AB (publ) forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.81 %
Buy
66.67 % (6)
Hold
33.33 % (3)
Sell
0.00 % (0)
12M Price Target
187.17
Last Price
149.20
Currency
SEK
12M Return Potential
25.45 %
LTM Return
0 %

Note AB (publ) Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
2/10/20110.63SEK-281.16 MSEK-2010 Q4
10/21/2010-0.06SEK-250.70 MSEK-2010 Q3
7/16/2010-0.21SEK-268.98 MSEK-2010 Q2
4/27/2010-1.33SEK-284.20 MSEK-2010 Q1
2/10/2010-0.04SEK-295.37 MSEK-2009 Q4
10/20/2009-SEK-262.88 MSEK-2009 Q3
7/16/2009-SEK-342.87 MSEK-2009 Q2
7/17/2008-SEK-466.90 MSEK-2008 Q2
4/18/20080.78SEK-406.00 MSEK-2008 Q1
2/11/20081.14SEK-468.52 MSEK-2007 Q4

EESG©

Eulerpool ESG Scorecard© for the Note AB (publ) stock

72/100
97
Environment
67
Social
52
Governance
E

Environment

20
Scope 1 - Direct Emissions—
Scope 2 - Indirect emissions from purchased energy—
Scope 3 - Indirect emissions within the value chain1,346
Total CO₂ emissions1,991
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees51
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Note AB (publ) shareholder structure

% Name
2.03537%
Swedbank Robur Fonder AB
Swedbank Robur Fonder AB
1.49606%
American Century Investment Management, Inc.
American Century Investment Management, Inc.
0.99242%
Nordea Funds Oy
Nordea Funds Oy
0.82467%
Schroder Investment Management (Europe) S.A.
Schroder Investment Management (Europe) S.A.
0.76340%
Handelsbanken Kapitalförvaltning AB
Handelsbanken Kapitalförvaltning AB
0.72803%
Brock Milton Capital AB
Brock Milton Capital AB

Note AB (publ) Beneficial Ownership Filings (SEC 13D/G)

Free Float
63.1%
Float Shares
-
Shares Outstanding
-

Note AB (publ) Executives and Management Board

11 members · avg. age 52 · 45 % women

JL

Mr. Johannes Lind-Widestam (52)

President, Chief Executive Officer · since 2018

6.74 M SEK

Management

FF

Ms. Frida Frykstrand (40)

Chief Financial Officer

–
NO

Mr. Neil Owen (59)

Vice President, UK

–
GW

Mr. Gunnar Wahlberg (55)

Vice President Rest-of-World

–
CO

Ms. Cecilia Oern-Lindberg (44)

Chief Procurement Officer

–

Board of Directors

AB

Ms. Anna Belfrage (63)

Independent Chairman of the Board

410,000.00 SEK
CS

Ms. Charlotte Stjerngren (49)

Independent Director

268,000.00 SEK
BM

Ms. Bahare Mackinovski (44)

Independent Director

217,000.00 SEK
JH

Mr. Johan Hagberg (54)

Director

200,000.00 SEK
ED

Mr. Egil Dahl (56)

Independent Director

183,000.00 SEK
MH

Mr. Malcolm Hardie (58)

Independent Director, Employee Representative

–

Note AB (publ) Supply Chain

Note AB (publ) Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
2 companies
#NameTrend
1
NCAB Grp
Supplier·Electronic Equipment, Instruments & Components·SE
0.78
0.79
0.32
0.45
0.74
0.93
#NameTrend
1
Ferroamp Elek
Customer·Electrical Equipment·SE
-0.50
0.22
0.82
0.78
0.14
0.06

Frequently asked questions about Note AB (publ)

The business model of Note AB (publ) revolves around providing electronic manufacturing services (EMS). As a leading EMS partner, Note AB delivers customized solutions for a wide range of industries, including medical technology, telecommunications, industrial automation, and more. The company offers services such as design and development, prototyping, supply chain management, production, and aftermarket services. With a strong focus on quality, flexibility, and efficient production processes, Note AB aims to be a strategic partner that supports its customers in bringing their innovative products to market. Note AB (publ) excels in delivering high-value solutions tailored to meet specific customer requirements.

Note AB (publ) is primarily active in the electronics manufacturing services industry.

The main competitors of Note AB (publ) in the market include other electronic manufacturing service providers, such as Flex Ltd, Celestica Inc., Jabil Inc., and Sanmina Corporation. These companies also offer a wide range of services and solutions in electronic manufacturing, assembly, and engineering, competing with Note AB (publ) for partnerships and customers in the industry. However, Note AB (publ) distinguishes itself with its focus on customer-centric solutions, innovative manufacturing techniques, and a strong commitment to quality and sustainability in the market.

Note AB (publ) is a Swedish company with a rich history and extensive background in the electronics industry. Established in 1999, Note AB (publ) has grown to become a leading contract manufacturer and supplier of electronics solutions. With a focus on customized products, the company offers a wide range of services, including product development, prototyping, manufacturing, and after-sales support. Note AB (publ) has successfully served various industries, such as automotive, medical technology, telecommunications, and industrial automation. Through its commitment to quality, innovation, and customer satisfaction, Note AB (publ) has established itself as a reliable partner in the electronics manufacturing sector.

Note AB (publ) has achieved several significant milestones. Firstly, the company successfully expanded its global presence by entering into strategic partnerships with key industry players. Additionally, Note AB (publ) demonstrated consistent financial growth through the acquisition of new clients and increased market share. The company's commitment to innovation and technology is evident in the development of cutting-edge products, which further strengthened its position as an industry leader. Note AB (publ) has also received numerous accolades for its exceptional service quality and customer satisfaction. These achievements reflect the company's strong management, dedication to excellence, and continuous focus on delivering value to its stakeholders.

Note AB (publ) is primarily present in Sweden, Finland, and the United States.

Note AB (publ) represents a strong set of values and corporate philosophy. The company believes in delivering exceptional quality and precision manufacturing services to its customers. With a focus on innovation and continuous improvement, Note AB (publ) ensures customer satisfaction by providing cost-effective solutions. Transparency, integrity, and professionalism drive the company's operations, fostering strong partnerships and trust with clients. Note AB (publ) also values financial stability, enabling long-term growth and sustainability. The company's commitment to social responsibility and environmental consciousness reflects its dedication to global citizenship. Note AB (publ) consistently strives to exceed expectations and maintain its position as a leading provider of manufacturing services.

Analysts currently set an average price target of 187.17 SEK for the Note AB (publ) stock (median: 187.17 SEK), implying +25.4 % versus the latest price. The consensus is based on 9 analyst ratings.

Note AB (publ) Analyst Price Targets 2026

9 analysts currently rate the Note AB (publ) stock: 7 recommend buying, 2 holding and 0 selling. For 2026, analysts expect Note AB (publ) to generate revenue of 4.59 B SEK and earnings per share of 10.35 SEK.

Note AB (publ) Analyst Price Targets 2026

Converted at the current exchange rate, the Note AB (publ) share trades at 13.67 EUR (149.70 SEK).

The Note AB (publ) share (NOTE.ST) is listed on 5 stock exchanges, including: Frankfurt (NQA.F), München (NQA.MU), London (0GSS.L).

Note AB (publ) is a leading provider of solutions for critical communication and information management. The company offers a wide range of products and services for the public sector, industry, and power supply. Note AB (publ) focuses on high-quality products and services that provide customers with maximum security and reliability. It offers solutions for critical communication, information management, security and surveillance, and energy utilities. The company works closely with customers to develop tailored solutions and has a strong presence in Europe. It emphasizes innovation and customer satisfaction to continue its success in Europe and beyond.

The expected revenue of Note AB (publ) is 4.59 B SEK. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Note AB (publ) is 294.82 M SEK. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Note AB (publ) is currently 14.47. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Note AB (publ) stock.

The price-to-sales ratio (P/S) of Note AB (publ) is currently 0.93. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Note AB (publ) stock.

The Eulerpool Quality Score for Note AB (publ) is 6/10.

The ISIN of Note AB (publ) is SE0001161654. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Note AB (publ) is A0B6G4. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Note AB (publ) is NOTE.ST. The ticker symbol is used to trade Note AB (publ) shares on the stock exchange.

Over the past 12 months, Note AB (publ) paid a dividend of 7.00 SEK . This corresponds to a dividend yield of about 4.68 %. For the coming 12 months, Note AB (publ) is expected to pay a dividend of 10.08 SEK.

The current dividend yield of Note AB (publ) is 4.68 %.

Note AB (publ) pays a dividend, distributed in the months of , , , .

Note AB (publ) paid dividends every year for the past 1 years.

For the upcoming 12 months, dividends amounting to 10.08 SEK are expected. This corresponds to a dividend yield of 6.73 %.

Note AB (publ) is assigned to the 'Information technology' sector.

To receive the latest dividend of Note AB (publ) from amounting to 7 SEK, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

The dividends of Note AB (publ) are distributed in SEK.

All fundamentals and in-depth analysis of Note AB (publ)

Our stock analysis for Note AB (publ) 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 Note AB (publ). If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

Note AB (publ) Stock
Note AB (publ) Revenue→
Note AB (publ) Stock
Note AB (publ) Net Income→
Note AB (publ) Stock
Note AB (publ) P/E→
Note AB (publ) Stock
Note AB (publ) P/S→
Note AB (publ) Stock
Note AB (publ) EBIT→
Note AB (publ) Stock
Note AB (publ) Dividend→
Note AB (publ) Stock
Note AB (publ) Directors Dealings→
Note AB (publ) Stock
Note AB (publ) Stocks→
Note AB (publ) Stock
Note AB (publ) Market capitalization→
Note AB (publ) Stock
Note AB (publ) Debt→
Note AB (publ) Stock
Note AB (publ) Liabilities→
Note AB (publ) Stock
Note AB (publ) Equity→
Note AB (publ) Stock
Note AB (publ) AAQS→
Note AB (publ) Stock
Note AB (publ) Employees→
Note AB (publ) Stock
Note AB (publ) ROE→
Note AB (publ) Stock
Note AB (publ) ROA→
Note AB (publ) Stock
Note AB (publ) ROCE→
Note AB (publ) Stock
Note AB (publ) News→
Note AB (publ) Stock
Note AB (publ) Analyst Price Targets→

Information technology Stocks

NovaNorwood SystemsNova MSC BhdNorthking Information Technology CoNova System CoNorthern DataNOVABASE SGPSNorthcliff Citranusa Indonesia Tbk PTNovantaNorthamberNovatech IndustriesNortech SystemsAll Stocks A–Z →