Solid FAB (SFAB) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Solid FAB stock SEK 51.89, price SEK 113, that is 54.0% below the price, quality 71 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 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
59‑month range kr 30.44 – kr 115.40 · fair‑value band kr 41.83 – kr 71.20 · the kr 112.80 price screens above the kr 51.89 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
Follow Solid FAB in your weekly email
Every Wednesday you see whether Solid FAB 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.
Solid Försäkringsaktiebolag (publ) provides non-life insurance to private and business customers in Sweden, Denmark, Norway, Finland, and internationally. The company operates through Product, Security, and Assistance segments.
Show moreShow less
It offers income, accidental, vehicle excess assistance, roadside assistance, payment protection, bicycle, travel, and car warranty insurance.
The company serves its products through retail chains, banks, credit institutions, travel agents, and car dealerships and car repair shops, as well as directly to consumers. Solid Försäkringsaktiebolag (publ) was incorporated in 1993 and is based in Helsingborg, Sweden.
Stock analysis
Solid FAB (SFAB) currently trades at kr 112.80, while our model-based Fair Value estimate is kr 51.89, 54% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of kr 74.79 per share, and 0 of the 6 models we run sit above the kr 112.80 price.
Bear case: the Asset-Based group reads lowest at kr 18.91, and 6 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: kr 41.83 (bear) to kr 71.20 (bull), the price of kr 112.80 sits above 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 71/100 (solid quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Solid FAB reported revenue of 1.1B SEK in FY2025 versus 1.0B SEK in FY2021, a compound +2.2%/yr. Reported net income was 149M SEK in FY2025, compounding +5.6%/yr from FY2021.
Key figures
Market cap 2.0B SEK (≈ $202M) Micro · P/E ratio 13.6 · P/S ratio 1.79 · EPS (TTM) kr 8.27 · Dividend yield 4.7% · Net margin 13.2% · Return on equity 28.7% · Return on assets (EBIT) 10.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 69 out of 100 (low confidence).
What moves the price
The share trades about 2% below its 52-week high and 63% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at 11% fair-value upside, at −54%, SFAB screens richer than that median.
Fair Value models
Bearkr 41.83Fair Value kr 51.89Bullkr 71.20
Price kr 112.80 · Downside -54.0%
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 2.59 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.56/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−9.7%
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.
+0.7%
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.
+3.8%
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.
+4.4%
’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.
+32.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+27.4%
Dividend (yield on the price)4.7%
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.13% → 17%
Growth Forecast
A lot of optimism in the price
The price assumes more 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).
+17.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Sweden: IMF forecast 2.0% a year to 2030, 2.9% from 2016 to 2025) that is about +15.1% a year for the price.
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.Insurance - Specialty · 23 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score71 · Above median
Fair Value upside−54.0% · Bottom 25%
Profitability
Return on equity (12 months)28.7% · Top 25%
Return on assets9.0% · Above median
Net margin (12 months)13.2% · Above median
Operating margin (12 months)18.8% · Below median
Growth and dividend
Revenue growth (quarter YoY)−0.7% · Below median
Dividend yield (12 months)4.7% · Above median
Valuation Multiplesvs Insurance - Specialty 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.
Cite: Fair Value Calculator (2026). "Solid FAB Fair Value". https://www.fairvalue-calculator.com/stock/SFAB
Frequently asked questions
Is Solid FAB (SFAB) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of kr 51.89 versus a price of kr 112.80, about 54% lower (overvalued).
What is the fair value of SFAB?
Our model-based fair value for Solid FAB is kr 51.89 (as of Nov 8, 2026), built from audited fundamentals. The current price: kr 112.80.
What is the quality score of SFAB?
Solid FAB has a Quality Score of 71/100. 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 Solid FAB (SFAB)?
Our model-based price target is the fair value of kr 51.89 (as of Nov 8, 2026) from 6 valuation models. Cautious scenario kr 41.83, optimistic scenario kr 71.20. It is a calculation from audited fundamentals, not an analyst target.
What is the Solid FAB stock forecast for 2026?
Our models put fair value at kr 51.89, about 54% lower versus a price of kr 112.80 (overvalued). Cautious scenario kr 41.83, optimistic scenario kr 71.20. The calculation is refreshed regularly with new filings.
What is the revenue of Solid FAB (SFAB)?
Solid FAB reported trailing-twelve-month revenue of about 1.1B SEK (latest available figure, as of Nov 8, 2026).
Does Solid FAB pay a dividend?
Solid FAB currently shows a dividend yield of 4.65% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Solid FAB (SFAB) and when is the ex-dividend date?
Solid FAB pays a dividend of kr 5.25 per share a year, a dividend yield of 4.7%. The last ex-dividend date was Apr 28, 2026. The payout ratio is 63.5% of earnings. Free cash flow covers the dividend 0.76 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into Solid FAB (SFAB)?
For today's price to be fair in a discounted-cash-flow model, Solid FAB would have to grow free cash flow by +17.4 % per year for five years (discount rate 11.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +3.8 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of SFAB use?
Our models discount Solid FAB at 11.3 %: a base by market capitalisation (micro), damped by beta 0.63, country premium for Sweden. 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 Solid FAB that is +17.4 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.3 %) and the same formula as our fair value.
How much growth has Solid FAB (SFAB) delivered so far?
Over the past 5 years revenue at Solid FAB grew +3.8 % a year. The price currently implies free-cash-flow growth of +17.4 % 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 Solid FAB (SFAB) growing?
The median revenue growth in the sector is +9.2 % a year. That is the yardstick for the growth priced into Solid FAB (+17.4 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Solid FAB (SFAB)?
The free-cash-flow yield on the price is 3.52 %: that much free cash flow Solid FAB produces per unit of market value. When it exceeds the discount rate of our models (11.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Solid FAB (SFAB)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Solid FAB it is kr 51.89 per share (as of Nov 8, 2026), against a price of kr 112.80. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Solid FAB stock overvalued or undervalued in 2026?
As of Nov 8, 2026, SFAB trades above its calculated fair value: price kr 112.80, fair value kr 51.89, a gap of about −54% (overvalued). 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 SFAB?
No. The price is what the market pays today (kr 112.80); the fair value is what the company's own numbers justify (kr 51.89). For Solid FAB the two are kr 60.91 per share apart. That gap is exactly why we show both numbers side by side.
How much is Solid FAB worth?
The market values Solid FAB at about 2.0B SEK (market capitalisation, as of Nov 8, 2026). Per share that is kr 112.80; our models calculate a fair value of kr 51.89 per share.
What do the bullish and bearish scenarios say about SFAB?
Our models span a range for Solid FAB: cautious scenario kr 41.83, base kr 51.89, optimistic kr 71.20 per share (as of Nov 8, 2026, price kr 112.80). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SFAB?
Solid FAB trades at a price-to-earnings ratio of 13.6 (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 51.89 is built from several models across several years. Median P/E at fiscal year-end, 5 fiscal years (2021 to 2025), reported earnings: 9.8. Other multiples: P/B 3.7, P/S 1.8, EV/EBITDA 8.8.
How solid is the balance sheet of Solid FAB (SFAB)?
Balance-sheet figures for Solid FAB (as of Nov 8, 2026): return on equity 28.7%. They feed the Quality Score of 71/100, which measures business quality independently of the share price.
How far is SFAB from its 52-week high?
Solid FAB trades at kr 112.80, about 2% below its 52-week high of kr 115.40 and 63% above the low of kr 69.37 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of kr 51.89 is for.
Which stocks are comparable to Solid FAB?
From the same area (Financial Services) we also value Fidelity National Financial, Inc, Medibank Private Limited, AXIS Capital Holdings, First American Financial Corporation, 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 Solid FAB stock attractive at the current price?
The data as of Nov 8, 2026: price kr 112.80, calculated fair value kr 51.89 (−54%), Quality Score 71/100, from 6 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 SFAB calculated?
We run Solid FAB through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of kr 51.89 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. Solid FAB 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 Solid FAB (SFAB)?
The closing price on Nov 6, 2026 was kr 112.80. Our model-based fair value is kr 51.89, about 54% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Solid FAB right now?
The price sits above even our optimistic bull case (kr 71.20). The favourable scenario is already priced in. Solid but not exceptional quality (71/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Key figures of Solid FAB
How large is the market capitalisation of Solid FAB (SFAB)?
The market capitalisation of Solid FAB is 2.0B SEK (≈ $202M). 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 Solid FAB (SFAB)?
The price-to-sales ratio of Solid FAB is 1.79 (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 Solid FAB (SFAB)?
Earnings per share at Solid FAB are kr 8.27 (price ÷ EPS = P/E 13.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Solid FAB (SFAB)?
The dividend yield of Solid FAB is 4.7% (payout 63.5%). 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 Solid FAB (SFAB)?
The net margin of Solid FAB is 13.2% (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 Solid FAB (SFAB)?
The return on equity (ROE) of Solid FAB is 28.7% (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 Solid FAB (SFAB)?
On an EBIT basis the return on assets of Solid FAB is 10.6% (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 Solid FAB (SFAB)?
The operating margin of Solid FAB is 18.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Solid FAB (SFAB)?
Revenue at Solid FAB is growing −0.7% versus a year earlier (3y avg +0.7%). 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 Solid FAB (SFAB)?
Earnings per share at Solid FAB are growing −3.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Solid FAB (SFAB) hold?
Solid FAB holds more cash than debt, 276M SEK net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Solid FAB in the live analysis
One click puts Solid FAB 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