Schouw & Co. (SCHO) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Schouw & Co. stock DKK 842, price DKK 863, that is 2.5% below the price, quality 62 out of 100. Rating: fairly valued. Calculated from audited financials with 13 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range kr 392.47 – kr 863.00 · fair‑value band kr 462.39 – kr 1,149 · the kr 863.00 price screens above the kr 841.64 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 8, 2026.
Follow Schouw & Co. in your weekly email
Every Wednesday you see whether Schouw & Co. is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Aktieselskabet Schouw & Co., an industrial conglomerate, manufactures feed for the fish and shrimp farming industries in Norway, Denmark, the United Kingdom, the rest of Europe, Chile, the United States, the rest of Americas, Asia, Oceania, and Africa.
Show moreShow less
It operates in six segments: BioMar, GPV, HydraSpecma, Borg Automotive, Fibertex Personal Care, and Fibertex Nonwovens. The BioMar segment offers feed products for salmon, trout, shrimp, sea bass, and sea bream in the fish and shrimp farming industries.
The GPV segment manufactures electronics, mechanics, cable harnessing, and mechatronics for industrials, building tech, transportation, measurement and control, cleantech, medtech and hightech consumers.
The HydraSpecma segment supplies hydraulic and electric solutions and products to the aftermarket and original equipment manufacturers. The Borg Automotive segment remanufactures defective parts, such as brake callipers, turbochargers, starters, and alternators for the B2B market.
The Fibertex Personal Care segment manufactures spunmelt nonwovens used in diapers, sanitary towels, and incontinence products, as well as printing services on nonwovens for the personal care industry.
The Fibertex Nonwovens segment manufactures and sells specialized nonwovens for various industrial applications, including for cars, the construction industry, and filtration solutions; and disposable wipes for the healthcare sector.
Aktieselskabet Schouw & Co. was founded in 1878 and is headquartered in Aarhus, Denmark.
Stock analysis
Schouw & Co. (SCHO) currently trades at kr 863.00, while our model-based Fair Value estimate is kr 841.64, so the stock looks roughly fairly valued today (gap 2.5%).
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of kr 1,308 per share, and 4 of the 13 models we run sit above the kr 863.00 price.
Bear case: the Asset-Based group reads lowest at kr 224.36, and 9 of the 13 models stay below the price. Data coverage for this calculation is high.
Scenario range: kr 462.39 (bear) to kr 1,149 (bull), the price of kr 863.00 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 62/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Schouw & Co. reported revenue of 34.1B DKK in FY2025 versus 24.2B DKK in FY2021, a compound +9.0%/yr. Reported net income was 650M DKK in FY2025, compounding −10.4%/yr from FY2021.
Key figures
Market cap 19.6B DKK (≈ $2.9B) Mid · P/E ratio 20.3 · P/S ratio 0.57 · EPS (TTM) kr 42.54 · Dividend yield 2.0% · Net margin 2.3% · Return on equity 6.5% · Return on assets (EBIT) 5.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 35 out of 100 (low confidence).
What moves the price
The share trades at its 52-week high and 55% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 10% fair-value upside, at −2%, SCHO screens richer than that median.
Fair Value models
Bearkr 462.39Fair Value kr 841.64Bullkr 1,149
Price kr 863.00 · Downside -2.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (kr 21.83 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.70/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−1.6%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.5%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.9%
Start year 2020 (pandemic). Over 10 years: +10.5% a year
Revenue growth 25 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.8%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−3.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−5.8%
Dividend (yield on the price)2.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−5.8% vs 0.3%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.7% → 4%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−4.8%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Denmark: IMF forecast 2.1% a year to 2030, 2.0% from 2016 to 2025) that is about −6.8% a year for the price.
AI conclusion: The decentralized portfolio of autonomous companies supports focused capital allocation and M&A-driven growth ambitions, yet persistently low returns on capital and limited differentiation remain the core constraint on quality.
Main risk: Separate operating dynamics across the independent subsidiaries may prevent the active ownership model from accelerating group-wide growth and EBITDA delivery.
Schouw & Co just laid out its Expand 2030 plan with 5-7% annual organic revenue growth and a DKK 4.5 billion EBITDA target by decade end, built on autonomous portfolio companies and room for more M&A. The structure keeps businesses independent while the parent focuses on capital allocation and occasional reshaping. Will that active ownership model accelerate the ambitions across the pieces, or will the separate dynamics hold back the combined result?
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Conglomerates · 305 stocks
Beats the industry median on 4/15 measures
Overall it trails its industry peers.
Valuation
Quality Score62 · Top 25%
Fair Value upside−2.5% · Below median
Profitability
Return on equity (12 months)6.5% · Below median
Return on assets2.4% · Below median
Net margin (12 months)2.3% · Bottom 25%
Operating margin (12 months)6.0% · Below median
Growth and dividend
Revenue growth (quarter YoY)5.2% · Below median
Dividend yield (12 months)2.0% · Below median
Balance sheet
Debt / equity0.37× · Above median
Valuation Multiplesvs Conglomerates median · lower = cheaper
P/E (12 months)20.3× · Pricier than median
P/B1.73× · Pricier than median
P/S (12 months)0.57× · Cheaper than median
Price / free cash flow (fiscal year)8.4× · Cheaper than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
As of Nov 8, 2026, our model estimates a fair value of kr 841.64 versus a price of kr 863.00, about 2% lower (fairly valued).
What is the fair value of SCHO?
Our model-based fair value for Schouw & Co. is kr 841.64 (as of Nov 8, 2026), built from audited fundamentals. The current price: kr 863.00.
What is the quality score of SCHO?
Schouw & Co. has a Quality Score of 62/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Schouw & Co. (SCHO)?
Our model-based price target is the fair value of kr 841.64 (as of Nov 8, 2026) from 13 valuation models. Cautious scenario kr 462.39, optimistic scenario kr 1,149. It is a calculation from audited fundamentals, not an analyst target.
What is the Schouw & Co. stock forecast for 2026?
Our models put fair value at kr 841.64, about 2% lower versus a price of kr 863.00 (fairly valued). Cautious scenario kr 462.39, optimistic scenario kr 1,149. The calculation is refreshed regularly with new filings.
What is the revenue of Schouw & Co. (SCHO)?
Schouw & Co. reported trailing-twelve-month revenue of about 34.3B DKK (latest available figure, as of Nov 8, 2026).
Does Schouw & Co. pay a dividend?
Schouw & Co. currently shows a dividend yield of 1.97% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Schouw & Co. (SCHO) and when is the ex-dividend date?
Schouw & Co. pays a dividend of kr 17.00 per share a year, a dividend yield of 2.0%. The last ex-dividend date was Apr 17, 2026. A dividend has been paid every year since at least 1990. The payout ratio is 40.0% of earnings. Free cash flow covers the dividend 6.23 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Schouw & Co. (SCHO)?
For today's price to be fair in a discounted-cash-flow model, Schouw & Co. would have to grow free cash flow by -4.8 % per year for five years (discount rate 9.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +9.9 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of SCHO use?
Our models discount Schouw & Co. at 9.0 %: a base by market capitalisation (mid), damped by beta 0.78, country premium for Denmark. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Schouw & Co. that is -4.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.0 %) and the same formula as our fair value.
How much growth has Schouw & Co. (SCHO) delivered so far?
Over the past 5 years revenue at Schouw & Co. grew +9.9 % a year. The price currently implies free-cash-flow growth of -4.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Schouw & Co. (SCHO) growing?
The median revenue growth in the sector is +3.6 % a year. That is the yardstick for the growth priced into Schouw & Co. (-4.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Schouw & Co. (SCHO)?
The free-cash-flow yield on the price is 11.97 %: that much free cash flow Schouw & Co. produces per unit of market value. When it exceeds the discount rate of our models (9.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Schouw & Co. (SCHO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Schouw & Co. it is kr 841.64 per share (as of Nov 8, 2026), against a price of kr 863.00. It is the blended result of 13 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Schouw & Co. stock overvalued or undervalued in 2026?
As of Nov 8, 2026, SCHO trades above its calculated fair value: price kr 863.00, fair value kr 841.64, a gap of about −2% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of SCHO?
No. The price is what the market pays today (kr 863.00); the fair value is what the company's own numbers justify (kr 841.64). For Schouw & Co. the two are kr 21.36 per share apart. That gap is exactly why we show both numbers side by side.
How much is Schouw & Co. worth?
The market values Schouw & Co. at about 19.6B DKK (market capitalisation, as of Nov 8, 2026). Per share that is kr 863.00; our models calculate a fair value of kr 841.64 per share.
What do the bullish and bearish scenarios say about SCHO?
Our models span a range for Schouw & Co.: cautious scenario kr 462.39, base kr 841.64, optimistic kr 1,149 per share (as of Nov 8, 2026, price kr 863.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SCHO?
Schouw & Co. trades at a price-to-earnings ratio of 20.3 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of kr 841.64 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 14.2. Other multiples: PEG 3.1, P/B 1.7, P/S 0.6, EV/EBITDA 8.3.
What is the PEG ratio of SCHO?
The PEG ratio of Schouw & Co. is 3.11 (P/E divided by earnings growth, as of Nov 8, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Schouw & Co. (SCHO)?
Balance-sheet figures for Schouw & Co. (as of Nov 8, 2026): return on equity 6.5%, debt of 0.37 per unit of equity. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is SCHO from its 52-week high?
Schouw & Co. trades at kr 863.00, at its 52-week high of kr 863.00 and 55% above the low of kr 557.27 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of kr 841.64 is for.
Which stocks are comparable to Schouw & Co.?
From the same area (Industrials) we also value 3M Company, Honeywell International Inc, Swire Pacific Limited, SGH Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Schouw & Co. stock attractive at the current price?
The data as of Nov 8, 2026: price kr 863.00, calculated fair value kr 841.64 (−2%), Quality Score 62/100, from 13 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of SCHO calculated?
We run Schouw & Co. through 13 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of kr 841.64 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Schouw & Co. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Schouw & Co. (SCHO)?
The closing price on Nov 6, 2026 was kr 863.00. Our model-based fair value is kr 841.64, about 2% lower (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Schouw & Co. right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (kr 462.39 to kr 1,149) leaves room in how you read the outcome.
Where does the earnings growth of Schouw & Co. (SCHO) come from?
Earnings per share at Schouw & Co. grew +0.8 % a year from 2014 to 2025. Broken into its drivers: revenue per share +12.1 %, EBIT margin −5.9 %, tax rate −1.5 %, residual (interest, one-offs) −3.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Schouw & Co.
How large is the market capitalisation of Schouw & Co. (SCHO)?
The market capitalisation of Schouw & Co. is 19.6B DKK (≈ $2.9B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Schouw & Co. (SCHO)?
The price-to-sales ratio of Schouw & Co. is 0.57 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Schouw & Co. (SCHO)?
Earnings per share at Schouw & Co. are kr 42.54 (price ÷ EPS = P/E 20.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Schouw & Co. (SCHO)?
The dividend yield of Schouw & Co. is 2.0% (payout 40.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Schouw & Co. (SCHO)?
The net margin of Schouw & Co. is 2.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Schouw & Co. (SCHO)?
The return on equity (ROE) of Schouw & Co. is 6.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Schouw & Co. (SCHO)?
On an EBIT basis the return on assets of Schouw & Co. is 5.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Schouw & Co. (SCHO)?
The operating margin of Schouw & Co. is 6.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Schouw & Co. (SCHO)?
Revenue at Schouw & Co. is growing +5.2% versus a year earlier (3y avg +1.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Schouw & Co. (SCHO)?
Earnings per share at Schouw & Co. are growing +39.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Schouw & Co. (SCHO) carry?
The net debt of Schouw & Co. is 4.7B DKK (fiscal year 2025, ≈ 2.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Schouw & Co. in the live analysis
One click puts Schouw & Co. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Broad data
Nov 8, 2026