Pexip Holding ASA (PEXIP) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Pexip Holding ASA stock NOK 72.27, price NOK 65.70, upside +10.0%, quality 85 out of 100. Rating: fairly valued. Calculated from audited financials with 20 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 6.96 – kr 84.60 · fair‑value band kr 49.32 – kr 93.94 · the kr 65.70 price screens below the kr 72.27 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 Pexip Holding in your weekly email
Every Wednesday you see whether Pexip Holding 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.
Pexip Holding ASA, a video technology company, offers end-to-end video conferencing platform and digital infrastructure in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Show moreShow less
It provides self-hosted software application and as-a-service deployment options for enterprise video conferencing, built on its proprietary Infinity technology.
The company also offers Pexip Secure and Custom Spaces platform, a video meetings that are self-hosted on-premises or in a private cloud, such as Pexip Secure Meetings for national security and defense, government, justice, and healthcare; Pexip Private AI platform, an AI powered captions and translations in secure and custom meetings; Pexip Secure Scheduler which offers secure scheduling for secure meetings; and Pexip Video Platform, a video platform designed for secure and custom environments demanding for strict control and regulatory compliance.
In addition, the company provides Pexip Connected Spaces platform that connects any video meeting room device to any meeting platform, including Connect for Microsoft Teams and Teams Rooms; Connect for Google Meet and Google Meet Rooms; Connect for U.S. Government; and Connect for Zoom Rooms.
Pexip Holding ASA was founded in 2011 and is headquartered in Oslo, Norway.
Stock analysis
Pexip Holding ASA (PEXIP) currently trades at kr 65.70, while our model-based Fair Value estimate is kr 72.27, so the stock looks roughly fairly valued today (gap 9.1%).
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of kr 62.26 per share, and 3 of the 20 models we run sit above the kr 65.70 price.
Bear case: the Economic Profit group reads lowest at kr 14.49, and 17 of the 20 models stay below the price. Data coverage for this calculation is high.
Scenario range: kr 49.32 (bear) to kr 93.94 (bull), the price of kr 65.70 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 85/100 (high quality), in the Technology sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Pexip Holding ASA reported revenue of 1.2B NOK in FY2025 versus 806M NOK in FY2021, a compound +11.1%/yr. Reported net income was 208M NOK in FY2025.
Key figures
Market cap 6.7B NOK (≈ $713M) Small · P/E ratio 20.8 · P/S ratio 3.52 · EPS (TTM) kr 3.16 · Dividend yield 0.5% · Net margin 16.9% · Return on equity 22.0% · Return on assets (EBIT) −2.7% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 73 out of 100 (low confidence).
What moves the price
The share trades about 22% below its 52-week high and 26% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at 10% fair-value upside, at 10%, PEXIP screens cheaper than that median.
Fair Value models
Bearkr 49.32Fair Value kr 72.27Bullkr 93.94
Price kr 65.70 · Upside +10.0%
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 2.45 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.97/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+9.8%
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.
+12.3%
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.
+12.6%
Start year 2020 (pandemic)
Revenue growth 7 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.
+28.3%
’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.
+68.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+68.0%
Dividend (yield on the price)0.5%
Growth Forecast
A lot of optimism in the price
The price assumes about as much growth as the company has delivered so far and more than analysts expect.
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).
+13.1%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+9.8%
Yearly sales growth analysts expect, extended to five years.
After inflation (Norway: IMF forecast 2.4% a year to 2030, 3.3% from 2016 to 2025) that is about +10.5% a year for the price and +7.2% for the forecasts.
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.Software - Application · 628 stocks
Beats the industry median on 11/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score85 · Top 25%
Fair Value upside+10.0% · Above median
Profitability
Return on equity (12 months)22.0% · Top 25%
Return on assets9.6% · Top 25%
Net margin (12 months)21.2% · Top 25%
Operating margin (12 months)18.0% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)18.0% · Above median
Dividend yield (12 months)0.5% · Bottom 25%
Valuation Multiplesvs Software - Application median · lower = cheaper
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.
Is Pexip Holding ASA (PEXIP) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of kr 72.27 versus a price of kr 65.70, about +10% upside (fairly valued).
What is the fair value of PEXIP?
Our model-based fair value for Pexip Holding ASA is kr 72.27 (as of Nov 8, 2026), built from audited fundamentals. The current price: kr 65.70.
What is the quality score of PEXIP?
Pexip Holding ASA has a Quality Score of 85/100. 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 Pexip Holding ASA (PEXIP)?
Our model-based price target is the fair value of kr 72.27 (as of Nov 8, 2026) from 20 valuation models. Cautious scenario kr 49.32, optimistic scenario kr 93.94. It is a calculation from audited fundamentals, not an analyst target.
What is the Pexip Holding ASA stock forecast for 2026?
Our models put fair value at kr 72.27, about +10% upside versus a price of kr 65.70 (fairly valued). Cautious scenario kr 49.32, optimistic scenario kr 93.94. The calculation is refreshed regularly with new filings.
Does Pexip Holding ASA pay a dividend?
Pexip Holding ASA currently shows a dividend yield of 0.46% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Pexip Holding ASA (PEXIP) and when is the ex-dividend date?
Pexip Holding ASA pays a dividend of kr 0.303 per share a year, a dividend yield of 0.5%. The last ex-dividend date was Apr 20, 2026. The payout ratio is 9.6% of earnings. Free cash flow covers the dividend 11.33 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 Pexip Holding ASA (PEXIP)?
For today's price to be fair in a discounted-cash-flow model, Pexip Holding ASA would have to grow free cash flow by +13.1 % per year for five years (discount rate 12.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +12.6 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of PEXIP use?
Our models discount Pexip Holding ASA at 12.6 %: a base by market capitalisation (small), damped by beta 1.57, country premium for Norway. 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 Pexip Holding ASA that is +13.1 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.6 %) and the same formula as our fair value.
How much growth has Pexip Holding ASA (PEXIP) delivered so far?
Over the past 5 years revenue at Pexip Holding ASA grew +12.6 % a year. The price currently implies free-cash-flow growth of +13.1 % 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 Pexip Holding ASA (PEXIP) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Pexip Holding ASA (+13.1 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Pexip Holding ASA (PEXIP)?
The free-cash-flow yield on the price is 5.33 %: that much free cash flow Pexip Holding ASA produces per unit of market value. When it exceeds the discount rate of our models (12.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Pexip Holding ASA (PEXIP)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Pexip Holding ASA it is kr 72.27 per share (as of Nov 8, 2026), against a price of kr 65.70. It is the blended result of 20 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Pexip Holding ASA stock overvalued or undervalued in 2026?
As of Nov 8, 2026, PEXIP trades below its calculated fair value: price kr 65.70, fair value kr 72.27, a gap of about +10% (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 PEXIP?
No. The price is what the market pays today (kr 65.70); the fair value is what the company's own numbers justify (kr 72.27). For Pexip Holding ASA the two are kr 6.57 per share apart. That gap is exactly why we show both numbers side by side.
How much is Pexip Holding ASA worth?
The market values Pexip Holding ASA at about 6.7B NOK (market capitalisation, as of Nov 8, 2026). Per share that is kr 65.70; our models calculate a fair value of kr 72.27 per share.
What do the bullish and bearish scenarios say about PEXIP?
Our models span a range for Pexip Holding ASA: cautious scenario kr 49.32, base kr 72.27, optimistic kr 93.94 per share (as of Nov 8, 2026, price kr 65.70). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of PEXIP?
Pexip Holding ASA trades at a price-to-earnings ratio of 20.8 (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 72.27 is built from several models across several years. Other multiples: P/B 0.5, P/S 5.2, EV/EBITDA 8.6.
How solid is the balance sheet of Pexip Holding ASA (PEXIP)?
Balance-sheet figures for Pexip Holding ASA (as of Nov 8, 2026): return on equity 22.0%. They feed the Quality Score of 85/100, which measures business quality independently of the share price.
How far is PEXIP from its 52-week high?
Pexip Holding ASA trades at kr 65.70, about 22% below its 52-week high of kr 84.60 and 26% above the low of kr 52.15 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of kr 72.27 is for.
Which stocks are comparable to Pexip Holding ASA?
From the same area (Technology) we also value SAP SE, Salesforce, Inc, Shopify Inc, ServiceNow, Inc, 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 Pexip Holding ASA stock attractive at the current price?
The data as of Nov 8, 2026: price kr 65.70, calculated fair value kr 72.27 (+10%), Quality Score 85/100, from 20 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 PEXIP calculated?
We run Pexip Holding ASA through 20 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of kr 72.27 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 13.3% above its aggregate fair value. Pexip Holding ASA currently trades 9% below its own fair value, and the market average says nothing about that. 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 Pexip Holding ASA (PEXIP)?
The closing price on Nov 6, 2026 was kr 65.70. Our model-based fair value is kr 72.27, about +10% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Pexip Holding ASA 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 49.32 to kr 93.94) leaves room in how you read the outcome.
Key figures of Pexip Holding ASA
How large is the market capitalisation of Pexip Holding ASA (PEXIP)?
The market capitalisation of Pexip Holding ASA is 6.7B NOK (≈ $713M). 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 Pexip Holding ASA (PEXIP)?
The price-to-sales ratio of Pexip Holding ASA is 3.52 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Pexip Holding ASA (PEXIP)?
Earnings per share at Pexip Holding ASA are kr 3.16 (price ÷ EPS = P/E 20.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Pexip Holding ASA (PEXIP)?
The dividend yield of Pexip Holding ASA is 0.5% (payout 9.6%). 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 Pexip Holding ASA (PEXIP)?
The net margin of Pexip Holding ASA is 16.9% (fiscal year 2025). 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 Pexip Holding ASA (PEXIP)?
The return on equity (ROE) of Pexip Holding ASA is 22.0% (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 Pexip Holding ASA (PEXIP)?
On an EBIT basis the return on assets of Pexip Holding ASA is −2.7% (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 Pexip Holding ASA (PEXIP)?
The operating margin of Pexip Holding ASA is 18.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Pexip Holding ASA (PEXIP)?
Revenue at Pexip Holding ASA is growing +18.0% versus a year earlier (3y avg +12.3%). 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 Pexip Holding ASA (PEXIP)?
Earnings per share at Pexip Holding ASA are growing +25.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Pexip Holding ASA (PEXIP) hold?
Pexip Holding ASA holds more cash than debt, 677M NOK net (fiscal year 2021). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Pexip Holding ASA in the live analysis
One click puts Pexip Holding ASA 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