Hiab Corporation (HIAB.HE) Stock Analysis & Winston Score
Hiab Corporation makes equipment that loads and unloads heavy cargo from trucks. Its main products include truck-mounted cranes (called loader cranes), tail lifts, forestry cranes, and demountable load-handling systems. Customers include trucking companies, construction firms, logistics operators, and forestry businesses. Hiab is one of the world's largest makers of truck-mounted load-handling equipment and owns well-known brands like HIAB, LOGLIFT, and MULTILIFT. Hiab sells its equipment directly and through dealers, earning revenue from hardware sales and a growing aftermarket business covering spare parts and service contracts. The company operates globally, with strong roots in Europe and expanding presence in North America and other markets. Its broad dealer network and installed base of equipment create a recurring aftermarket revenue stream, which helps cushion downturns in new equipment demand. The main risk is that sales of new equipment are closely tied to trucking and construction activity, making revenue sensitive to economic slowdowns and freight market cycles.
Winston Score: 45/100 — Average
Mixed quality — meaningful strengths and weaknesses.
- Quality: Mixed (12/30)
- Growth: Weak (2/20)
- Cash Flow: Good (6/10)
- Stability: Mixed (4/10)
- Valuation: Good (6/10)
- Ownership: Good (10/15)
Key Facts
Price: €61.40
Market Cap: €4.0B
Sector: Industrials
Industry: Industrial - Machinery
Exchange: NASDAQ Helsinki

