Elekta AB Class B

EKTA B: XSTO (SWE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	SEK 865.00	Kmlf	Sljkhbjl

Elekta Earnings: Results Disappoint on Orders, Sales and Margin

Alex Morozov

Jun 5, 2024

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.

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