Serstech (SERT.ST) Stock Price

Serstech Price

OMX·CLOSED
0.55SEK+0.00 (+0.00 %)
Market closed

Over the last 13 years Serstech grew revenue by 33.4% annually, reaching 38.60 M SEK. For Serstech, the net margin of -75.8% is down versus -55.0% a few years ago. The stock trades about 56% above its 52-week low.

Serstech stock price

Volume
Details

Stock Price

How to Read This Chart

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

Serstech Stock Price History
DateSerstech Price
7/17/20260.55 SEK
7/15/20260.55 SEK
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7/25/20250.61 SEK
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Access this data via the Eulerpool API

Serstech Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
10.59 M SEK
-12.04 M SEK
-12.33 M SEK
Jan 1, 2019
18.74 M SEK
-15.55 M SEK
-15.68 M SEK
Jan 1, 2020
20.49 M SEK
-6.54 M SEK
-6.73 M SEK
Jan 1, 2021
18.65 M SEK
-10.11 M SEK
-10.25 M SEK
Jan 1, 2022
17.11 M SEK
-29.28 M SEK
-29.57 M SEK
Jan 1, 2023
62.91 M SEK
1.04 M SEK
715,000.00 SEK
Jan 1, 2024
52.26 M SEK
-8.94 M SEK
-9.13 M SEK
Jan 1, 2025
38.60 M SEK
-28.54 M SEK
-29.27 M SEK

Serstech Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 21, 2026, 11:26 AM
 
REVENUEM SEK
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM SEK
EBITM SEK
EBIT MARGIN%
NET INCOMEM SEK
NET INCOME GROWTH%
SHARESM
20122013201420152016201720182019202020212022202320242025
1.002.0017.0016.0010.0018.0020.0018.0017.0062.0052.0038.00
100.00750.00-5.88-37.5080.0011.11-10.00-5.56264.71-16.13-26.92
900.00650.00100.00106.2590.0088.8990.0083.3370.5977.4273.0871.05
2.003.009.0013.0017.0017.009.0016.0018.0015.0012.0048.0038.0027.00
-3.00-8.00-7.00-5.00-2.00-12.00-15.00-6.00-10.00-29.001.00-8.00-28.00
-800.00-350.00-29.41-12.50-120.00-83.33-30.00-55.56-170.591.61-15.38-73.68
-3.00-8.00-8.00-6.00-2.00-12.00-15.00-6.00-10.00-29.00-9.00-29.00
166.67-25.00-66.67500.0025.00-60.0066.67190.00222.22
15.5120.8522.5528.1893.6562.4368.6982.6088.38100.40100.40206.70254.32254.02
Details

Income Statement Key Figures

Revenue and Revenue Growth

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

Serstech stock margins

The Serstech margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Serstech. 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 Serstech.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
85.04 %
-113.69 %
-116.46 %
Jan 1, 2019
85.67 %
-82.99 %
-83.67 %
Jan 1, 2020
88.93 %
-31.90 %
-32.85 %
Jan 1, 2021
83.27 %
-54.21 %
-54.96 %
Jan 1, 2022
75.57 %
-171.09 %
-172.78 %
Jan 1, 2023
77.24 %
1.65 %
1.14 %
Jan 1, 2024
73.33 %
-17.11 %
-17.47 %
Jan 1, 2025
72.09 %
-73.95 %
-75.84 %

Serstech Stock Revenue, EBIT, Earnings per Share

The Serstech earnings per share therefore indicates how much revenue Serstech 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, 2018
0.15 SEK
-0.18 SEK
-0.18 SEK
Jan 1, 2019
0.23 SEK
-0.19 SEK
-0.19 SEK
Jan 1, 2020
0.23 SEK
-0.07 SEK
-0.08 SEK
Jan 1, 2021
0.19 SEK
-0.10 SEK
-0.10 SEK
Jan 1, 2022
0.17 SEK
-0.29 SEK
-0.29 SEK
Jan 1, 2023
0.30 SEK
0.01 SEK
0.00 SEK
Jan 1, 2024
0.21 SEK
-0.04 SEK
-0.04 SEK
Jan 1, 2025
0.15 SEK
-0.11 SEK
-0.12 SEK

Serstech business model & stock analysis

Serstech AB is a Swedish company that was founded in 2005. The company is headquartered in Lund, Sweden and currently employs about 40 people. Serstech specializes in the development and manufacturing of mobile analytical instruments used in chemistry, materials science, and pharmaceuticals. Business model: Serstech AB has an innovative business model aimed at delivering analytical data quickly and reliably to its customers. The company develops portable handheld devices that allow for rapid identification of materials and substances. The devices are easy to use and can be used in many important industries such as healthcare, food safety, and environmental engineering. History: Serstech AB started as a company for laser-based spectroscopy devices for fast and precise analysis of chemical compounds. In 2012, the company launched the Serstech 100 Indicator Raman spectrometer and established itself as a provider of handheld devices for material analysis. Since then, Serstech AB has continued to invest in research and development and has introduced several new devices to the market, including the Serstech 100 Indicator+ and the Serstech ID-X. Divisions: Serstech AB has three main divisions: materials science, security industry, and pharmaceuticals. In materials science, the company plays a key role in the manufacturing of innovative materials and analysis of samples prior to production. In the security industry, Serstech offers portable devices for quick identification of hazardous substances. In pharmaceuticals, the focus is on fast analysis of medications. Products: Serstech AB offers various products tailored to the needs of its customers. One of the most well-known devices is the Serstech 100 Indicator, a portable Raman spectrometer that enables fast in-situ analysis of materials. The Serstech 100 Indicator+ is an enhanced version of the Serstech 100 with additional software and features. The latest device from Serstech is the Serstech ID-X, a portable device that uses both Raman and infrared spectroscopy to enable rapid identification of materials and substances. Serstech also provides accessories and software to facilitate analysis with the devices. These include sample holders, cases, and backpacks for secure storage of the devices, as well as software that simplifies the analysis of material samples with the devices. Conclusion: Serstech AB is a leading provider of mobile analytical instruments. The company is committed to offering its customers high-quality and reliable solutions for fast analysis of material samples. Serstech has an experienced team of scientists and engineers who continuously work on the development of new products and regularly achieve important technological advances.

Serstech SWOT Analysis

Strengths

Serstech AB possesses several key strengths that contribute to its success:

  • Advanced Technology: Serstech AB has developed a cutting-edge technology platform that enables rapid and accurate chemical identification.
  • Strong Product Portfolio: The company offers a wide range of portable Raman spectroscopy devices tailored for various industries and applications.
  • Market Recognition: Serstech AB has established a solid reputation in the market for providing reliable and high-quality chemical identification solutions.
  • Expertise and Experience: The company's team consists of knowledgeable professionals with extensive experience in the field of spectroscopy.

Weaknesses

Despite its strengths, Serstech AB faces certain weaknesses that need to be addressed:

  • Reliance on a Single Technology: Serstech AB heavily relies on its Raman spectroscopy technology, which leaves the company vulnerable to technological advancements or disruptions.
  • Limited Market Reach: The company's market penetration is relatively low, particularly in certain regions or industries where competitor presence is strong.
  • Dependency on Key Suppliers: Serstech AB relies on a few key suppliers for critical components, which may lead to supply chain disruptions or increased costs.

Opportunities

Serstech AB can capitalize on the following opportunities to drive growth and expansion:

  • Increasing Demand for Field-Deployable Spectroscopy: The growing need for on-site chemical analysis in industries such as pharmaceuticals, forensics, and environmental monitoring presents a significant opportunity for Serstech AB.
  • Emerging Markets: Expanding into new geographic markets, particularly in developing countries, can help the company tap into untapped customer segments and increase its market share.
  • Strategic Partnerships: Collaborating with industry leaders or research institutions can provide Serstech AB with access to new technologies, knowledge, and distribution channels.

Threats

Serstech AB should be mindful of the following threats that could impact its business:

  • Intense Competition: The market for chemical identification technologies is highly competitive, with the presence of well-established players offering similar products and solutions.
  • Regulatory Challenges: Changes in regulations related to chemical analysis or international trade may impact Serstech AB's operations and increase compliance costs.
  • Economic Instability: Uncertain economic conditions or fluctuations in exchange rates can affect customer spending patterns and demand for Serstech AB's products.

Serstech 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.

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

Serstech 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.

Serstech shares outstanding

The number of shares of Serstech was 254.02 M in 2025. This indicates how many shares Serstech 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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Number of stocks
Details
Date
Number of stocks
Jan 1, 2018
68.69 M Stocks
Jan 1, 2019
82.60 M Stocks
Jan 1, 2020
88.38 M Stocks
Jan 1, 2021
100.40 M Stocks
Jan 1, 2022
100.40 M Stocks
Jan 1, 2023
206.70 M Stocks
Jan 1, 2024
254.32 M Stocks
Jan 1, 2025
254.02 M Stocks
Price targets and forecasts for Serstech are not yet available.

Serstech shareholder structure

% Name
8.12032%
Försäkringsaktiebolaget Avanza Pension
Försäkringsaktiebolaget Avanza Pension
7.20243%
Nordnet Pensionsforsakring AB
Nordnet Pensionsforsakring AB
3.84708%
Sandor (Stefan)
Sandor (Stefan)
3.70739%
Munch (Jens)
Munch (Jens)
2.81190%
Masskaret Invest AB
Masskaret Invest AB
2.18824%
Johansson (Agne)
Johansson (Agne)

Serstech Executives and Management Board

TP

Mr. Thomas Pileby

Chairman of the Board · since 2019

SS

Mr. Stefan Sandor

(41)

Chief Executive Officer

SP

Mr. Simon Persson

Chief Financial Officer

JS

Mr. Jan Sonnvik

Vice President Engineering

AG

Mr. Anders Gortz

Vice President - Research and Development

Frequently asked questions about Serstech

The business model of Serstech AB revolves around providing advanced spectroscopy solutions for chemical identification and analysis. Serstech offers handheld devices that utilize Raman spectroscopy technology to accurately detect and analyze diverse substances, including chemicals, narcotics, and hazardous materials. The company's portable instruments are designed for use by professionals in fields such as security, law enforcement, and emergency response. Serstech's innovative technology enables quick and reliable identification of substances on-site, enhancing safety and efficiency. With its focus on delivering reliable and user-friendly spectroscopy solutions, Serstech AB aims to address the growing demand for efficient chemical identification in various industries.

All fundamentals and in-depth analysis of Serstech

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