Telefonaktiebolaget LM Ericsson (publ) (ERIXF)

Technology · PNK

USD9.600.00% today

Fundamentals

Market capUSD30.87B
P/E ratio12.4
Dividend yield3.54%
Revenue growth (YoY)-6.1%
Profit margin10.8%
Return on equity26.1%
52-week rangeUSD7.16 to USD13.60

Valuation and ratings

DCF fair valueUSD20.68
Upside to fair value+115.4%
Moat score64/100
Overall rating80/100, Strong Buy

Fair value: USD20.68 (+115.4%), see how we got there

Telefonaktiebolaget LM Ericsson (publ) trades at USD9.60, which is 115% below the USD20.68 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF is an argument rather than a measurement, and the market is frequently right about why something is cheap.

Our moat model scores it 64 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 12.4 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

ERIXF dividend history

Dividend yield3.54%
Paid, trailing 12 monthsUSD0.004 per share
Most recent paymentUSD0.002, ex 1 Apr 2026
Ex-dividend date28 Sept 2026
Dividend payment date17 Apr 2013
5-year growth (p.a.)-1.9%
Consecutive years paid12

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)USD0.0021
2025USD0.1452
2024USD0.2602
2023USD0.2522
2022USD0.2462
2021USD0.2282
2020USD0.1602
2019USD0.1081
2018USD0.0011
2017USD0.0011
2016USD0.0451

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

ERIXF earnings and analyst estimates

Next earnings date15 Oct 2026 (in 76 days)

Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.

About Telefonaktiebolaget LM Ericsson (publ)

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions to communications service providers, enterprises, and the public sector in the Americas, Europe, the Middle East, Africa, Northeast Asia, Southeast Asia, Oceania, and India. It operates through Networks; Cloud Software and Services; Enterprise; and Other segments. The Networks segment offers hardware, software, and service offerings for intelligent, reliable and flexible 5G networks. This segment also provides energy-efficient RAN with an AI-native software architecture deployable on Ericsson silicon and third-party CPUs/GPUs; transport networks; and active/ passive antennas, as well as deployment and lifecycle management services. The Cloud Software and Services segment provides core networks, network management, business and operations support systems, and network operations delivered as managed services, including secure data and voice connectivity, service monetization and orchestration tools, and network management services. The Enterprise segment offers intelligent networking and advanced communications software solutions comprising global communications platform, wireless wide area networks (WWAN), and private 5G networks. The Other segment includes RedBee Media that prepares and distributes live and on-demand video services for broadcasters, sports leagues, and communications service providers. The company has a strategic collaboration with T-Mobile US, Inc for the development of AI-native Scheduler with Link Adaptation software. The company was formerly known as Allmanna Telefon AB LM Ericsson and changed its name to Telefonaktiebolaget LM Ericsson (publ) in January 1926. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

Industry: Communication EquipmentEmployees: 86,536HQ: Sweden

ERIXF passes 6 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

Common questions

Is Telefonaktiebolaget LM Ericsson (publ) (ERIXF) undervalued?

Against our discounted cash flow estimate of USD20.68, ERIXF at USD9.60 is 115% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.

What is ERIXF's P/E ratio?

ERIXF trades at 12.4 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does Telefonaktiebolaget LM Ericsson (publ) (ERIXF) pay a dividend?

Yes. Telefonaktiebolaget LM Ericsson (publ) yields 3.54% at the current share price. It has paid USD0.004 per share over the trailing twelve months. It has paid a dividend in each of the last 12 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

When does ERIXF report earnings next?

Telefonaktiebolaget LM Ericsson (publ) is scheduled to report on 15 Oct 2026. Companies move earnings dates, so read it as scheduled rather than certain.

The full research page for ERIXF, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.