Ferronordic AB (CHIX:FNMS) Momentum Rank: 10 (As of Jun. 29, 2026) — 67% Above Median


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 Momentum Rank?

Ferronordic AB CHIX:FNMS 83 Momentum Rank is 10 as of Jun. 29, 2026, which is 67% above its 10-year median of 6.00. 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.

Ferronordic AB has the Momentum Rank of 10.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Ferronordic AB Momentum Rank Related Terms

CHIX:FNMS vs GWW, FAST, FERG: Momentum Rank Comparison

For the Industrial Distribution subindustry, Ferronordic AB's Momentum Rank, along with its competitors' market caps and Momentum Rank 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.

Ferronordic AB Momentum Rank vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Ferronordic AB's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Ferronordic AB's Momentum Rank falls into.


CHIX:FNMS
83GF Score
Ferronordic AB CHIX:FNMS
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Momentum Rank →
What does a Momentum Rank of 10 mean?
Ferronordic AB (CHIX:FNMS) has a Momentum Rank of 10 as of Jun. 29, 2026. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Ferronordic AB and its competitors. This is 67% above median its historical median of 6.00. Over the past decade, Ferronordic AB's Momentum Rank has ranged from 3.00 to 10.00.
Is Ferronordic AB's Momentum Rank too high?
Ferronordic AB's current Momentum Rank of 10 is 67% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 10.00. 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 Momentum Rank compare to GWW and FAST?
Ferronordic AB's Momentum Rank of 10 can be compared against companies in the Industrial Distribution industry. Historically, Ferronordic AB's own Momentum Rank has ranged from 3.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Momentum Rank for an Industrial Distribution company?
A good Momentum Rank depends on the Industrial Distribution industry context. However, Momentum Rank 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 Momentum Rank mean?
A high Momentum Rank can signal that a stock is expensive relative to its fundamentals. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Ferronordic AB and its competitors. Ferronordic AB's current Momentum Rank is 10, which is 67% above median its own 10-year median of 6.00. 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 Momentum Rank of 10. 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 Momentum Rank is 10, which is 67% above median its 10-year median of 6.00. 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 Momentum Rank calculated?
Momentum Rank is calculated from a company's financial statements. For Ferronordic AB (CHIX:FNMS), the current Momentum Rank is 10 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:

  • Momentum Rank: 10 (67% above median its 10-year median of 6.00)
  • 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

Momentum Rank is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr45.90
Price
kr47.51
GF Value