Download PDF

1. Company Snapshot

1.a. Company Description

Bergman & Beving AB (publ) acquires, designs, develops, and provides products and brands for the manufacturing and construction sectors in Sweden, Norway, Finland, and internationally.The company operates through three divisions: Building Materials, Workplace Safety, and Tools & Consumables.The Building Materials division develops and markets a range of products and solutions for fastening elements, fire protection, and tilers and bricklaying applications under the ESSVE, H&H, KGC, BVS, and Fireseal brands.


The Workplace Safety division develops products and services in workplace safety under the Zekler, Guide, L.Brador, Cresto, Arbesko, MoG, RESQ, Systemtext, JO Safety, VIP Safety, and Skydda brands.This division provides workplace signs; protective and work gloves; work wear; personal protective equipment; and eye, ear, breathing, and head protection equipment.The Tools & Consumables division engages in the supply of tools and consumables under the Teng Tools, Mareld, Limit, Germ, Belano Maskin, Lidén Weighing, Miller's, Lindahl & Nermark, and Uveco brands.


This division offers machinery, spare parts, and services; oil, grease, and chemical handling products for workshops and industrial customers; scales; measuring tools; conventional machines for wood- and metalwork, as well as accessories and related services; accessories for electrical hand tools; work lightings; locks and hardware fittings; and hand and other tools.The company was formerly known as B&B Tools AB (publ) and changed its name to Bergman & Beving AB (publ) in June 2017.Bergman & Beving AB (publ) was founded in 1906 and is headquartered in Stockholm, Sweden.

Show Full description

1.b. Last Insights on BERG

Bergman & Beving AB's recent performance was hindered by sluggish market conditions in the Nordic region, despite robust earnings growth driven by strategic acquisitions. The company's Q3 2025 earnings call highlighted the challenges posed by a sluggish market, which offset the benefits of its acquisition-driven growth. Furthermore, the company's recent earnings release revealed a decline in revenue, primarily due to decreased demand in the Nordic region. Additionally, the company's decision to initiate a share buyback program may be seen as a positive step to return value to shareholders.

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

3. NewsRoom

Card image cap

Bergman & Beving (OM:BERG B): Five-Year Losses Challenge Turnaround Hopes Despite Growth Forecasts

Oct -23

Card image cap

Bergman & Beving AB (FRA:BLRB) Q2 2026 Earnings Call Highlights: Strategic Moves Amid ...

Oct -22

Card image cap

Is Bergman & Beving’s Growth Sustainable After a 17% Surge and Solid Q1 Results?

Sep -15

Card image cap

Bergman & Beving (OM:BERG B): Assessing Valuation as Shares Quietly Continue Upward Trend

Sep -14

Card image cap

LVMH: Share transactions disclosure

Sep -09

Card image cap

Cointreau Launches First-Ever Ready-To-Serve Range – Introducing Cointreau Citrus Spritz

Sep -09

Card image cap

What Does the Steep 20% Drop Mean for Rémy Cointreau’s 2025 Outlook?

Sep -09

Card image cap

Société Foncière Lyonnaise (ENXTPA:FLY): Assessing Valuation After a Year of Solid Share Price Gains

Sep -09

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (2.81%)

6. Segments

Tools & Consumables

Expected Growth: 2.5%

Bergman & Beving AB's Tools & Consumables segment growth of 2.5% is driven by increasing demand from the manufacturing and construction industries, coupled with a focus on product innovation and expansion into new geographic markets. Additionally, strategic acquisitions and a strong distribution network contribute to the segment's growth.

Workplace Safety

Expected Growth: 2.8%

Bergman & Beving AB's 2.8% growth in Workplace Safety is driven by increasing demand for safety products and services, stringent regulations, and rising awareness of workplace accidents. The company's focus on innovative products, strategic acquisitions, and expansion into new markets also contribute to its growth.

Building Materials

Expected Growth: 3.2%

Bergman & Beving AB's Building Materials segment growth of 3.2% is driven by increasing demand for sustainable building solutions, government initiatives promoting eco-friendly infrastructure, and strategic acquisitions expanding product offerings. Additionally, rising construction activities in the Nordic region and a strong focus on e-commerce platforms contribute to the segment's growth.

Group-wide

Expected Growth: 3.0%

Bergman & Beving AB's 3.0% group-wide growth is driven by strategic acquisitions, organic expansion in core markets, and a strong focus on operational efficiency. The company's diversified industrial product portfolio and solid market positions also contribute to its growth momentum.

7. Detailed Products

Industrial Components

Bergman & Beving AB (publ) offers a wide range of industrial components, including bearings, seals, and power transmission products, designed to improve efficiency and reduce downtime in industrial applications.

Hydraulic and Pneumatic Components

The company provides a variety of hydraulic and pneumatic components, such as pumps, valves, and cylinders, for use in industrial automation, construction, and agricultural equipment.

Electrical and Automation Components

Bergman & Beving AB (publ) offers a range of electrical and automation components, including sensors, switches, and control systems, for use in industrial automation and process control.

Fastening and Assembly Solutions

The company provides a variety of fastening and assembly solutions, including screws, nuts, and bolts, designed for use in industrial manufacturing and assembly processes.

Maintenance and Repair Products

Bergman & Beving AB (publ) offers a range of maintenance and repair products, including lubricants, adhesives, and sealants, designed to extend the life of industrial equipment and reduce downtime.

8. Bergman & Beving AB (publ)'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for Bergman & Beving AB (publ) is moderate, as there are some alternatives available in the market, but they are not very attractive to customers.

Bargaining Power Of Customers

The bargaining power of customers is low, as Bergman & Beving AB (publ) has a diverse customer base and no single customer has a significant impact on the company's revenue.

Bargaining Power Of Suppliers

The bargaining power of suppliers is moderate, as Bergman & Beving AB (publ) has a diverse supplier base, but some suppliers have a significant impact on the company's operations.

Threat Of New Entrants

The threat of new entrants is low, as Bergman & Beving AB (publ) has a strong brand presence and it would be difficult for new entrants to compete with the company's established position.

Intensity Of Rivalry

The intensity of rivalry is high, as Bergman & Beving AB (publ) operates in a competitive industry with many established players, and the company needs to continuously innovate and improve its products and services to stay ahead of the competition.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 41.51%
Debt Cost 8.03%
Equity Weight 58.49%
Equity Cost 9.44%
WACC 8.85%
Leverage 70.97%

11. Quality Control: Bergman & Beving AB (publ) passed 5 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Mercedes-Benz

A-Score: 6.4/10

Value: 7.3

Growth: 8.8

Quality: 5.4

Yield: 3.1

Momentum: 9.5

Volatility: 4.3

1-Year Total Return ->

Stock-Card
GPI

A-Score: 6.1/10

Value: 4.8

Growth: 6.8

Quality: 3.1

Yield: 7.5

Momentum: 9.0

Volatility: 5.7

1-Year Total Return ->

Stock-Card
Nolato

A-Score: 5.4/10

Value: 3.7

Growth: 4.3

Quality: 5.7

Yield: 6.9

Momentum: 7.0

Volatility: 5.0

1-Year Total Return ->

Stock-Card
Arendals Fossekompani

A-Score: 5.1/10

Value: 5.4

Growth: 4.8

Quality: 7.5

Yield: 6.9

Momentum: 1.5

Volatility: 4.3

1-Year Total Return ->

Stock-Card
Wilmington

A-Score: 4.1/10

Value: 3.6

Growth: 2.8

Quality: 7.2

Yield: 5.6

Momentum: 1.0

Volatility: 4.7

1-Year Total Return ->

Stock-Card
Bergman & Beving

A-Score: 4.1/10

Value: 4.8

Growth: 3.3

Quality: 3.8

Yield: 2.5

Momentum: 5.0

Volatility: 5.0

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

317.0$

Current Price

317$

Potential

-0.00%

Expected Cash-Flows