Note AB (FRA:NQA) Tariff Resilience Score: 0/10 (As of Jul. 25, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:NQA Note AB FRA:NQA
87 GF Score
Price €12.99
GF Value €14.71
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Note AB Tariff Resilience Score?

Note AB has the Tariff Resilience Score of 0, which implies that the company might have .

Note AB has

Tariff Resilience Score is a ranking system developed by GuruFocus to measure a company's exposure to international trade tariffs, rated on a scale from 0 to 10. It takes into account key factors such as global supply chain dependencies, manufacturing locations versus sales markets, import / export balance and percentage of revenue, and more.

The company's exposure to international trade tariffs based on these criteria:

1. Global supply chain dependencies
2. Manufacturing locations versus sales markets
3. Import/export balance and percentage of revenue
4. Historical impact from previous tariff changes
5. Available mitigation strategies (alternative suppliers, pricing power)
6. Industry-specific tariff exemptions or vulnerabilities

Based on the research, GuruFocus believes Note AB might have .

Note AB  (FRA:NQA) Tariff Resilience Score Explanation

The Tariff Resilience Score ranges from 0 to 10, with 10 as the most resilient. GuruFocus divided Moat Score into following 3 categories:

Tariff Resilience Score Resilience Level
7 - 10Highly Resilient
4 - 6Average Resilient
0 - 3Highly Vulnerable

Note AB Tariff Resilience Score Related Terms

FRA:NQA
87GF Score
Note AB FRA:NQA
Tariff Resilience Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Note AB (FRA:NQA) Overvalued in 2026?

Based on GuruFocus' analysis, Note AB stock appears to be undervalued. The current stock price of €12.99 is trading 11.7% below its estimated GF Value™ of €14.71. GuruFocus considers Note AB to be Modestly Undervalued.

Key valuation signals for FRA:NQA:

  • Tariff Resilience Score: 0
  • GF Value™: €14.71 vs. price of €12.99 (11.7% below fair value)
  • GF Score™: 87/100 with 4 warning signs

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

Note AB Business Description

Other Exchanges NOTE:Sweden0GSS:UK
Address Box 3691, Stockholm, SWE, 103 59
Note AB is a Swedish based EMS partner. engaged in manufacturing electronics-based products that require high technology competence and flexibility. Its business has four segments which are Industrial, Communication, Medtech and Greentech.
87GF Score

Get the complete analysis for FRA:NQA

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

€12.99
Price
€14.71
GF Value