Elekta AB Class B
EKTA B: XSTO (SWE)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
SEK 564.00 | Ydg | Fjryjyjx |
Elekta Earnings: Results Disappoint on Orders, Sales and Margin
We are maintaining our fair value estimate of SEK 127 for wide-moat Elekta despite the disappointing fourth-quarter results. The shortfall relative to our forecast is largely offset by cash flows realized since our last model update. We view shares as undervalued, but the disappointment reduces our confidence.