Clas Ohlson AB (OSTO:CLAS B) Capex-to-Operating-Income: 0.38 (As of Apr. 2026) — 15% Above Median


OSTO:CLAS B Clas Ohlson AB OSTO:CLAS B
86 GF Score
Price kr393.80
GF Value kr240.93
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Clas Ohlson AB Capex-to-Operating-Income?

Clas Ohlson AB OSTO:CLAS B -1.10% 86 Capex-to-Operating-Income is 0.38 as of Apr. 2026, which is 15% above its 10-year median of 0.33. GuruFocus rates OSTO:CLAS B with a GF Score™ of 86/100 and a GF Value™ of kr240.93 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 653 Retail - Cyclical companies, Clas Ohlson AB ranks better than 80.86% on this metric.

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Clas Ohlson AB's Capital Expenditure for the three months ended in Apr. 2026 was kr-68.80 Mil. Its Operating Income for the three months ended in Apr. 2026 was kr180.80 Mil.

Hence, Clas Ohlson AB's Capex-to-Operating-Income for the three months ended in Apr. 2026 was 0.38.


Clas Ohlson AB  (OSTO:CLAS B) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Clas Ohlson AB Capex-to-Operating-Income Related Terms


Clas Ohlson AB Capex-to-Operating-Income Historical Data

* Premium members only.

The historical data trend for Clas Ohlson AB's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Clas Ohlson AB Capex-to-Operating-Income Chart

Clas Ohlson AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.28 0.13 0.13 0.12

Clas Ohlson AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.11 0.12 0.05 0.38

OSTO:CLAS B vs CASY, WSM, ULTA: Capex-to-Operating-Income Comparison

For the Specialty Retail subindustry, Clas Ohlson AB's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Clas Ohlson AB Capex-to-Operating-Income vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Clas Ohlson AB's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Clas Ohlson AB's Capex-to-Operating-Income falls into.


OSTO:CLAS B
86GF Score
Clas Ohlson AB OSTO:CLAS B
Capex-to-Operating-Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Clas Ohlson AB Capex-to-Operating-Income Calculation

Clas Ohlson AB's Capex-to-Operating-Income for the fiscal year that ended in Apr. 2026 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-181.6) / 1528.5
=0.12

Clas Ohlson AB's Capex-to-Operating-Income for the quarter that ended in Apr. 2026 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-68.8) / 180.8
=0.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Capex-to-Operating-Income of 0.38 mean?
Clas Ohlson AB (OSTO:CLAS B) has a Capex-to-Operating-Income of 0.38 as of Apr. 2026. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Clas Ohlson AB and its competitors. This is 15% above median its historical median of 0.33. Over the past decade, Clas Ohlson AB's Capex-to-Operating-Income has ranged from 0.12 to 0.76. According to the industry distribution chart, Clas Ohlson AB ranks #125 out of 653 companies in the Retail - Cyclical industry, placing it in the top 19.1%.
Is Clas Ohlson AB's Capex-to-Operating-Income too high?
Clas Ohlson AB's current Capex-to-Operating-Income of 0.38 is 15% above median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.76. The Retail - Cyclical industry median Capex-to-Operating-Income is 0.39. Clas Ohlson AB's value of 0.38 is 2.6% below this industry median. Based on the distribution chart, Clas Ohlson AB ranks #125 out of 653 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Clas Ohlson AB has a GF Score™ of 86/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clas Ohlson AB's Capex-to-Operating-Income compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Clas Ohlson AB ranks #125 out of 653 companies for Capex-to-Operating-Income. This places Clas Ohlson AB in the top 19% of its industry — outperforming the majority of peers. The industry median Capex-to-Operating-Income is 0.39. Clas Ohlson AB's value of 0.38 is 2.6% below this benchmark. Historically, Clas Ohlson AB's own Capex-to-Operating-Income has ranged from 0.12 to 0.76 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.39, Clas Ohlson AB has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Operating-Income for a Retail - Cyclical company?
The median Capex-to-Operating-Income among Retail - Cyclical companies is 0.39, based on 653 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Income significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clas Ohlson AB's current Capex-to-Operating-Income of 0.38 is 2.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Operating-Income mean?
A high Capex-to-Operating-Income can signal that a stock is expensive relative to its fundamentals. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Clas Ohlson AB and its competitors. For the Retail - Cyclical industry, the median Capex-to-Operating-Income is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clas Ohlson AB's current Capex-to-Operating-Income is 0.38, which is 15% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clas Ohlson AB stock overvalued right now?
Based on GuruFocus' analysis, Clas Ohlson AB (OSTO:CLAS B) is currently considered Significantly Overvalued. The stock's GF Value™ is kr240.93, compared to a current price of kr393.80 — trading 63.4% above its estimated fair value. The current Capex-to-Operating-Income is 0.38, which is 15% above median its 10-year median of 0.33 and 2.6% below the Retail - Cyclical industry median of 0.39. Clas Ohlson AB's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Income calculated?
Capex-to-Operating-Income is calculated from a company's financial statements. For Clas Ohlson AB (OSTO:CLAS B), the current Capex-to-Operating-Income is 0.38 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Clas Ohlson AB (OSTO:CLAS B) Overvalued in 2026?

Based on GuruFocus' analysis, Clas Ohlson AB stock appears to be overvalued. The current stock price of kr393.80 is trading 63.4% above its estimated GF Value™ of kr240.93. GuruFocus considers Clas Ohlson AB to be Significantly Overvalued.

Key valuation signals for OSTO:CLAS B:

  • Capex-to-Operating-Income: 0.38 (15% above median its 10-year median of 0.33)
  • GF Value™: kr240.93 vs. price of kr393.80 (63.4% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 2.6% below the Retail - Cyclical median (#125 of 653)

No single metric tells the full story. See the OSTO:CLAS B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Clas Ohlson AB Business Description

Address Municipality of Leksand, Insjon, SWE, 793 85
Clas Ohlson AB is a Swedish specialty retailer of home and office solutions. The company has five product categories: hardware, electrical, home, multimedia, and leisure items. The hardware category includes home repair tools, with Capere, Cocraft, and Clas Ohlson as proprietary brands. The electrical category consists of energy and electrical solutions, mainly under its own brands: Cotech and Northlight. Multimedia offers technology to connect devices. The home category offers practical items for the kitchen, wardrobe, bathroom, and laundry. Clas Ohlson's main segments by revenue are Sweden, Norway, Finland, and a few other countries outside the Nordics.
86GF Score

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Capex-to-Operating-Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr393.80
Price
kr240.93
GF Value