Ferronordic AB (CHIX:FNMS) 6-Month Price Index: 1.00 (As of Jun. 29, 2026)


CHIX:FNMS Ferronordic AB CHIX:FNMS
83 GF Score
Price kr45.90
GF Value kr47.51
! 7 Warning Signs
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What is Ferronordic AB 6-Month Price Index?

Ferronordic AB CHIX:FNMS 83 6-Month Price Index is 1.00 as of Jun. 29, 2026. GuruFocus rates CHIX:FNMS with a GF Score™ of 83/100 and a GF Value™ of kr47.51. The stock has 7 warning signs investors should review.

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2026-06-29), Ferronordic AB's 6-Month Price Index is 1.00.

Ferronordic AB  (CHIX:FNMs) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Ferronordic AB 6-Month Price Index Related Terms

CHIX:FNMS vs GWW, FAST, FERG: 6-Month Price Index Comparison

For the Industrial Distribution subindustry, Ferronordic AB's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index 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.

CHIX:FNMS
83GF Score
Ferronordic AB CHIX:FNMS
6-Month Price Index is just one metric. See GF Score™, valuation, warning signs, and more.
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Ferronordic AB  (CHIX:FNMs) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* 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.

Frequently Asked Questions Learn more about 6-Month Price Index →
What does a 6-Month Price Index of 1.00 mean?
Ferronordic AB (CHIX:FNMS) has a 6-Month Price Index of 1.00 as of Jun. 29, 2026. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. View historical data on Ferronordic AB and its competitors.
Is Ferronordic AB's 6-Month Price Index too high?
Ferronordic AB's current 6-Month Price Index is 1.00. Overall, Ferronordic AB has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Ferronordic AB's 6-Month Price Index compare to GWW and FAST?
Ferronordic AB's 6-Month Price Index of 1.00 can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 6-Month Price Index for an Industrial Distribution company?
A good 6-Month Price Index depends on the Industrial Distribution industry context. However, 6-Month Price Index should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 6-Month Price Index mean?
A high 6-Month Price Index can signal that a stock is expensive relative to its fundamentals. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. View historical data on Ferronordic AB and its competitors. Ferronordic AB's current 6-Month Price Index is 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferronordic AB stock overvalued right now?
Ferronordic AB (CHIX:FNMS) has a current 6-Month Price Index of 1.00. The stock's GF Value™ is kr47.51, compared to a current price of kr45.90 — trading 3.4% below its estimated fair value. The current 6-Month Price Index is 1.00. Ferronordic AB's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 6-Month Price Index calculated?
6-Month Price Index is calculated from a company's financial statements. For Ferronordic AB (CHIX:FNMS), the current 6-Month Price Index is 1.00 as of Jun. 29, 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 Ferronordic AB (CHIX:FNMS) Overvalued in 2026?

Based on GuruFocus' analysis, Ferronordic AB stock appears to be undervalued. The current stock price of kr45.90 is trading 3.4% below its estimated GF Value™ of kr47.51.

Key valuation signals for CHIX:FNMS:

  • 6-Month Price Index: 1.00
  • GF Value™: kr47.51 vs. price of kr45.90 (3.4% below fair value)
  • GF Score™: 83/100 with 7 warning signs

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

Ferronordic AB Business Description

Other Exchanges FNM:SwedenAA4:Germany
Address Nybrogatan 6, Stockholm, SWE, SE114 34
Ferronordic AB is engaged in the sales, rents, and services of construction equipment and other machinery. The company is an authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac, and Rottne and has also been appointed as an aftermarket dealer for Volvo and Renault Trucks and a dealer for Volvo Penta. The group has three reporting segments: USA, Germany and Kazakhstan. The majority of the revenue is generated from the USA segment.
83GF Score

Get the complete analysis for CHIX:FNMS

6-Month Price Index is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr45.90
Price
kr47.51
GF Value