Probi (PROB.ST) Stock Price

Probi Price

Delisted

Revenue has compounded at 17.0% per year over the past 19 years to 627.69 M SEK. Earnings per share have declined at 3.2% per year over the last 16 years. Probi's net margin stands at 2.7%, down from 13.7% several years earlier. The payout ratio is around 88% of earnings. The dividend has grown at 7.6% per year over the past 13 years.

Probi stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

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

Probi Stock Price History
DateProbi Price
Access this data via the Eulerpool API

Probi Revenue, EBIT, Net Income

  • 3 Years

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2019
626.19 M SEK
111.54 M SEK
85.89 M SEK
Jan 1, 2020
717.17 M SEK
123.68 M SEK
92.69 M SEK
Jan 1, 2021
658.18 M SEK
109.24 M SEK
83.15 M SEK
Jan 1, 2022
618.29 M SEK
50.57 M SEK
40.62 M SEK
Jan 1, 2023
627.69 M SEK
11.32 M SEK
16.82 M SEK
Jan 1, 2024 (e)
640.56 M SEK
11.73 M SEK
16.15 M SEK
Jan 1, 2025 (e)
679.32 M SEK
36.21 M SEK
34.21 M SEK
Jan 1, 2026 (e)
717.57 M SEK
52.02 M SEK
46.24 M SEK

Probi Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 21, 2026, 3:22 PM
 
REVENUEM SEK
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM SEK
EBITM SEK
EBIT MARGIN%
NET INCOMEM SEK
NET INCOME GROWTH%
DIV.SEK
SHARESM
20112012201320142015201620172018201920202021202220232024e2025e2026e
95.00100.00103.00137.00220.00443.00612.00604.00626.00717.00658.00618.00627.00640.00679.00717.00
17.285.263.0033.0160.58101.3638.15-1.313.6414.54-8.23-6.081.462.076.095.60
82.1181.0048.5449.6450.0060.9545.2646.0346.4943.1043.7741.2635.0935.0935.0935.09
78.0081.0050.0068.00110.00270.00277.00278.00291.00309.00288.00255.00220.00224.56238.25251.58
20.0017.0018.0030.0063.00119.00104.00101.00111.00123.00109.0050.0011.0011.0036.0052.00
21.0517.0017.4821.9028.6426.8616.9916.7217.7317.1516.578.091.751.725.307.25
14.0013.0015.0021.0049.00101.0069.0076.0085.0092.0083.0040.0016.0016.0034.0046.00
7.69-7.1415.3840.00133.33106.12-31.6810.1411.848.24-9.78-51.81-60.00112.5035.29
1.301.301.301.30
9.809.709.709.709.669.5011.3911.3911.3911.3911.3911.3911.3911.3911.3911.39
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Probi 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 Probi 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 Probi'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 Probi 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 Probi'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.

Probi stock margins

The Probi margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Probi. 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 Probi.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2019
46.57 %
17.81 %
13.72 %
Jan 1, 2020
43.22 %
17.25 %
12.92 %
Jan 1, 2021
43.76 %
16.60 %
12.63 %
Jan 1, 2022
41.32 %
8.18 %
6.57 %
Jan 1, 2023
35.08 %
1.80 %
2.68 %
Jan 1, 2024 (e)
35.08 %
1.83 %
2.52 %
Jan 1, 2025 (e)
35.08 %
5.33 %
5.04 %
Jan 1, 2026 (e)
35.08 %
7.25 %
6.44 %

Probi Stock Revenue, EBIT, Earnings per Share

The Probi earnings per share therefore indicates how much revenue Probi 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, 2019
54.96 SEK
9.79 SEK
7.54 SEK
Jan 1, 2020
62.94 SEK
10.85 SEK
8.14 SEK
Jan 1, 2021
57.76 SEK
9.59 SEK
7.30 SEK
Jan 1, 2022
54.26 SEK
4.44 SEK
3.57 SEK
Jan 1, 2023
55.09 SEK
0.99 SEK
1.48 SEK
Jan 1, 2024 (e)
56.24 SEK
1.03 SEK
1.42 SEK
Jan 1, 2025 (e)
59.64 SEK
3.18 SEK
3.00 SEK
Jan 1, 2026 (e)
63.00 SEK
4.57 SEK
4.06 SEK

Probi business model & stock analysis

Probi AB is a Swedish company that specializes in the development and production of probiotic products. Founded in 1991 as a spin-off from Lund Institute of Technology, Probi is now represented in Sweden, the USA, and India with approximately 200 employees. The business model of Probi is based on research and development of probiotic bacterial cultures, as well as marketing probiotic products developed in collaboration with customers and partners. The company's business divisions are divided into probiotic products and research and development. Probiotic products: Probi produces a wide range of probiotic products, including dietary supplements, functional foods, animal feed, and medical devices. These products contain live microorganisms intended to support gut health and strengthen the immune system. Probi works closely with customers and partners to develop tailored solutions. Research and development: An important part of Probi's business is the research and development of probiotic bacterial cultures. Research findings serve as the basis for new products and applications. Probi has its own research department equipped with state-of-the-art laboratory technologies. In addition, Probi collaborates closely with partners from the academic and industrial sectors to explore new technologies and applications. Probi's history originally began in the 1980s at Lund Institute of Technology in Sweden, where the foundation for the development of probiotics was laid. In 1991, Probi was established as a spin-off from the institute, initially focusing on research and development of probiotic bacterial cultures. Over the following years, the company expanded internationally and developed more and more products and applications. Today, Probi is a leading global provider of probiotic products and solutions. Probi's products include probiotic capsules and tablets, probiotic yogurts, beverages, and dietary supplements. These products are intended to stabilize gut flora and strengthen the immune system. Additionally, Probi offers animal feed with probiotic bacterial cultures to promote the health of livestock. An important aspect of Probi is its collaboration with partners and customers. Through these partnerships, innovative products and solutions are developed to meet the needs of customers. Probi works closely with the food industry, healthcare sector, and animal feed industry. The future of Probi looks promising. The company aims to continue developing innovative products and solutions to promote the health of humans and animals. A strong growth strategy will also be pursued to further expand international presence.

Probi SWOT Analysis

Strengths

Probi AB is well-known for producing high-quality probiotic products that promote gut health. The company has a strong global presence, with a wide distribution network and a solid market share. Probi AB has a robust research and development department, constantly innovating and improving their product offerings. The company has a strong financial position, allowing them to invest in production facilities and marketing initiatives.

Weaknesses

Probi AB is highly dependent on the success of their probiotic products, leaving little diversification in their portfolio. The company faces intense competition from other manufacturers in the probiotics market. Probi AB may experience supply chain challenges, especially with the sourcing of raw materials for their products. The company's manufacturing processes may be vulnerable to quality control issues, impacting product consistency.

Opportunities

The growing consumer awareness of the importance of gut health provides a significant opportunity for Probi AB to expand its customer base. There is an increasing demand for natural and functional ingredients, which aligns with Probi AB's product offerings. Probi AB can explore new markets and distribution channels, such as online sales and partnerships with retailers. The company can expand its product portfolio to include innovative probiotic solutions for different health conditions.

Threats

Probi AB faces regulatory challenges in certain markets, leading to potential restrictions or increased compliance costs. The company may encounter intellectual property disputes or face the risk of imitation products. Fluctuations in currency exchange rates can impact Probi AB's profitability, especially in international markets. The probiotics market is continuously evolving, and technological advancements or new entrants could disrupt the industry.

Probi 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.

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

Probi 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.

Probi shares outstanding

The number of shares of Probi was 11.39 M in 2025. This indicates how many shares Probi is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2019
11.39 M Stocks
Jan 1, 2020
11.39 M Stocks
Jan 1, 2021
11.39 M Stocks
Jan 1, 2022
11.39 M Stocks
Jan 1, 2023
11.39 M Stocks
Jan 1, 2024 (e)
11.39 M Stocks
Jan 1, 2025 (e)
11.39 M Stocks
Jan 1, 2026 (e)
11.39 M Stocks

Probi Dividend History

13 years of dividend payments

YearAnnual DividendYoY ChangePayments
20241.30SEK 0.0%
20231.30SEK 0.0%
20221.30SEK 18.2%
20211.10SEK 10.0%
20201.00SEK 0.0%
20171.00SEK 0.0%
20161.00SEK 17.6%
20150.85SEK 13.3%
20140.75SEK 0.0%
20130.75SEK 0.0%

Probi dividend history and estimates

In 2025, Probi paid a dividend amounting to 1.30 SEK. Dividend means that Probi distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2017 (e)
1.00 SEK
0.00 SEK
Jan 1, 2020 (e)
1.00 SEK
0.00 SEK
Jan 1, 2021 (e)
1.10 SEK
0.00 SEK
Jan 1, 2022 (e)
1.30 SEK
0.00 SEK
Jan 1, 2023
1.30 SEK
0.00 SEK
Jan 1, 2024
1.30 SEK
0.00 SEK
Jan 1, 2025 (e)
0.00 SEK
1.30 SEK
Jan 1, 2026 (e)
0.00 SEK
1.30 SEK

Probi dividend payout ratio

In 2025, Probi had a payout ratio of 43.28%. The payout ratio indicates the percentage of the company's profits that Probi distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2019
46.54 %
Jan 1, 2020
12.29 %
Jan 1, 2021
15.07 %
Jan 1, 2022
36.46 %
Jan 1, 2023
88.07 %
Jan 1, 2024 (e)
91.69 %
Jan 1, 2025 (e)
43.28 %
Jan 1, 2026 (e)
32.02 %
Price targets and forecasts for Probi are not yet available.

Probi Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
1/31/20231.93SEK173.56 MSEK2022 Q4
10/21/20222.17SEK175.59 MSEK2022 Q3
7/15/20221.61SEK179.65 MSEK2022 Q2
4/26/20222.36SEK183.71 MSEK2022 Q1
2/2/20222.34SEK187.77 MSEK2021 Q4
10/22/20212.27SEK186.76 MSEK2021 Q3
7/16/20212.48SEK174.58 MSEK2021 Q2
4/23/20212.08SEK171.53 MSEK2021 Q1
2/9/20212.48SEK177.62 MSEK2020 Q4
10/21/20202.16SEK153.27 MSEK2020 Q3

EESG©

Eulerpool ESG Scorecard© for the Probi stock

60/100
58
Environment
65
Social
59
Governance
E

Environment

20
Scope 1 - Direct Emissions
Scope 2 - Indirect emissions from purchased energy
Scope 3 - Indirect emissions within the value chain1,211
Total CO₂ emissions1,120
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 employees52
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.

Probi shareholder structure

% Name
97.43574%
Symrise AG
Symrise AG
0.62335%
Handelsbanken Kapitalförvaltning AB
Handelsbanken Kapitalförvaltning AB
0.59507%
Avanza Bank Holding AB
Avanza Bank Holding AB
0.51883%
SEB Investment Management AB
SEB Investment Management AB
0.28381%
Nordnet Pensionsforsakring AB
Nordnet Pensionsforsakring AB
0.26229%
Österlind (Claes)
Österlind (Claes)

Probi Executives and Management Board

AJ

Ms. Anita Johansen

(52)

Interim Chief Executive Officer, Vice President - Research & Development

Compensation3.99 M SEK
CH

Ms. Charlotte Hansson

(62)

Independent Director

Compensation390,000.00 SEK
JA

Mr. Joern Andreas

(44)

Independent Director · since 2014

Compensation320,000.00 SEK
MR

Ms. Malin Ruijsenaars

(53)

Independent Director

Compensation290,000.00 SEK
JP

Dr. Jean-Yves Parisot

(60)

Non-Executive Chairman of the Board

Compensation278,000.00 SEK

Probi Supply Chain

Probi Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
3 companies
#Name1M3M6M1Y2YTrend
1
Midsona B
0.53
0.68
0.71
0.76
0.55
#Name1M3M6M1Y2YTrend
1
Ipsen
Supplier
0.55
0.73
-0.18
-0.32
-0.26
2
Symrise
Supplier
0.36
0.15
0.54
0.47
0.16

Frequently asked questions about Probi

The business model of Probi AB focuses on developing, producing, and selling highly researched and scientifically proven probiotic products. Probi AB specializes in developing strains of live bacteria that promote health and well-being. These strains are then incorporated into a wide range of products, including dietary supplements, functional foods, and medical devices. The company collaborates with leading universities and research institutes to ensure the efficacy and safety of its products. Probi AB's business model emphasizes innovation, quality, and consumer trust, making it a market leader in the probiotics industry.

All fundamentals and in-depth analysis of Probi

Our stock analysis for Probi 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 Probi. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.