Studsvik AB (SVIK) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Studsvik AB stock SEK 86.67, price SEK 195, that is 55.5% below the price, quality 64 out of 100. Rating: strongly overvalued. Calculated from audited financials with 24 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 76.39 – kr 364.00 · fair‑value band kr 63.05 – kr 110.29 · the kr 194.80 price screens above the kr 86.67 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.
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Studsvik AB (publ) provides technical solutions across the nuclear and radioactive material in Sweden, Germany, Europe, Asia, North America, and internationally.
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It offers decommissioning and radiation protection services in the areas of radiation protection, engineering, decommissioning, dismantling, and decontamination; and fuel and materials technology services, such as fuel qualification, plant life management, international programs, final storage research, hot cell technology, and transport of irradiated materials, as well as isotopes for medical or industrial application.
The company also engages in the development and support of fuel vendor-independent reactor analysis software, as well as provides CASMO5, a lattice physics code for modeling PWR and BWR fuel; HELIOS-2, a two-dimensional, generalized-geometry lattice physics transport code; SIMULATE5, a 3D, steady state, multi-group, nodal code to analyze PWRs and BWRs; SIMULATE-5K, a two-group nodal code for transient analysis of PWRs and BWRs; CMSBuilder, a graphical fuel management and loading pattern design suite; and engineering services.
In addition, the company offers S3R that enables cycle-specific core modeling on the training simulator; GARDEL, a fuel supplier independent live core monitoring application; MARLA, an automated tool for fuel shuffle, manage the spent fuel pool, and load dry casks; and SNF, which calculates isotopic concentrations, radiation source terms, and decay heat of spent light water reactor fuel.
Further, the company provides problematic waste and radioactive metal treatment, and waste management services; and Studsvik Tech Park site, a cluster providing and facilitating advanced infrastructure and workshops for testing, research, and development.
The company was formerly known as Studsvik Energiteknik AB and changed its name to Studsvik AB (publ) in 1987. Studsvik AB (publ) was founded in 1947 and is headquartered in Nyköping, Sweden.
Stock analysis
Studsvik AB (SVIK) currently trades at kr 194.80, while our model-based Fair Value estimate is kr 86.67, 56% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of kr 112.87 per share, and 0 of the 24 models we run sit above the kr 194.80 price.
Bear case: the Asset-Based group reads lowest at kr 12.39, and 24 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: kr 63.05 (bear) to kr 110.29 (bull), the price of kr 194.80 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 64/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Studsvik AB reported revenue of 883M SEK in FY2025 versus 798M SEK in FY2021, a compound +2.6%/yr. Reported net income was 37.3M SEK in FY2025, compounding −12.3%/yr from FY2021.
Key figures
Market cap 1.6B SEK (≈ $162M) Micro · P/E ratio 58.1 · P/S ratio 1.74 · EPS (TTM) kr 3.35 · Dividend yield 0.9% · Net margin 3.0% · Return on equity 6.6% · Return on assets (EBIT) 6.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 36 out of 100 (low confidence).
What moves the price
The share trades about 46% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −25% fair-value upside, at −56%, SVIK screens richer than that median.
Fair Value models
Bearkr 63.05Fair Value kr 86.67Bullkr 110.29
Price kr 194.80 · Downside -55.5%
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 2.87 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.61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−1.1%
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.
+2.7%
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.
+4.1%
Start year 2020 (pandemic). Over 10 years: −0.1% 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.
+0.3%
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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.
−4.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−5.4%
Dividend (yield on the price)0.9%
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.−5.4% vs 1.3%, 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.6% → 5%
Pace: the 5-year rate starts in 2020 (pandemic)
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).
+10.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (Sweden: IMF forecast 2.0% a year to 2030, 2.9% from 2016 to 2025) that is about +8.7% a year for the price.
News mood ⓘNews mood, the average tone of recent news (42 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Very negative
Price, fair value, quality and upside side by side.
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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.Waste Management · 155 stocks
Beats the industry median on 6/15 measures
A mixed picture versus its industry peers.
Valuation
Quality Score64 · Top 25%
Fair Value upside−55.5% · Bottom 25%
Profitability
Return on equity (12 months)6.6% · Above median
Return on assets3.7% · Above median
Net margin (12 months)3.0% · Below median
Operating margin (12 months)3.2% · Below median
Growth and dividend
Revenue growth (quarter YoY)10.5% · Above median
Dividend yield (12 months)0.9% · Below median
Balance sheet
Debt / equity0.20× · Below median
Valuation Multiplesvs Waste Management median · lower = cheaper
P/E (12 months)58.1× · Priciest 25%
P/B4.14× · Priciest 25%
P/S (12 months)1.74× · Cheaper than median
Price / free cash flow (fiscal year)17.3× · Pricier than median
EV/EBITDA25.4× · Priciest 25%
PEG2.67× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 35
FUTURE (revenue growth)53· sector 37
PAST (return on equity)26· sector 23
HEALTH (low debt)90· sector 83
DIVIDEND (yield)19· sector 52
VALUE 0: the price sits above our fair-value range.
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). "Studsvik AB Fair Value". https://www.fairvalue-calculator.com/stock/SVIK
Frequently asked questions
Is Studsvik AB (SVIK) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of kr 86.67 versus a price of kr 194.80, about 56% lower (overvalued).
What is the fair value of SVIK?
Our model-based fair value for Studsvik AB is kr 86.67 (as of Nov 8, 2026), built from audited fundamentals. The current price: kr 194.80.
What is the quality score of SVIK?
Studsvik AB has a Quality Score of 64/100. 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 Studsvik AB (SVIK)?
Our model-based price target is the fair value of kr 86.67 (as of Nov 8, 2026) from 24 valuation models. Cautious scenario kr 63.05, optimistic scenario kr 110.29. It is a calculation from audited fundamentals, not an analyst target.
What is the Studsvik AB stock forecast for 2026?
Our models put fair value at kr 86.67, about 56% lower versus a price of kr 194.80 (overvalued). Cautious scenario kr 63.05, optimistic scenario kr 110.29. The calculation is refreshed regularly with new filings.
What is the revenue of Studsvik AB (SVIK)?
Studsvik AB reported trailing-twelve-month revenue of about 924M SEK (latest available figure, as of Nov 8, 2026).
Does Studsvik AB pay a dividend?
Studsvik AB currently shows a dividend yield of 0.94% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Studsvik AB (SVIK)?
Studsvik AB has a dividend yield of 0.9%.
What growth is priced into Studsvik AB (SVIK)?
For today's price to be fair in a discounted-cash-flow model, Studsvik AB would have to grow free cash flow by +10.9 % per year for five years (discount rate 11.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.1 % per year. Calculated on free cash flow for fiscal year 2025. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of SVIK use?
Our models discount Studsvik AB at 11.0 %: a base by market capitalisation (micro), damped by beta 0.42, 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 Studsvik AB that is +10.9 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.0 %) and the same formula as our fair value.
How much growth has Studsvik AB (SVIK) delivered so far?
Over the past 5 years revenue at Studsvik AB grew +4.1 % a year. The price currently implies free-cash-flow growth of +10.9 % 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 Studsvik AB (SVIK) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Studsvik AB (+10.9 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Studsvik AB (SVIK)?
The free-cash-flow yield on the price is 5.72 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow Studsvik AB produces per unit of market value. When it exceeds the discount rate of our models (11.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Studsvik AB (SVIK)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Studsvik AB it is kr 86.67 per share (as of Nov 8, 2026), against a price of kr 194.80. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Studsvik AB stock overvalued or undervalued in 2026?
As of Nov 8, 2026, SVIK trades above its calculated fair value: price kr 194.80, fair value kr 86.67, a gap of about −56% (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 SVIK?
No. The price is what the market pays today (kr 194.80); the fair value is what the company's own numbers justify (kr 86.67). For Studsvik AB the two are kr 108.13 per share apart. That gap is exactly why we show both numbers side by side.
How much is Studsvik AB worth?
The market values Studsvik AB at about 1.6B SEK (market capitalisation, as of Nov 8, 2026). Per share that is kr 194.80; our models calculate a fair value of kr 86.67 per share.
What do the bullish and bearish scenarios say about SVIK?
Our models span a range for Studsvik AB: cautious scenario kr 63.05, base kr 86.67, optimistic kr 110.29 per share (as of Nov 8, 2026, price kr 194.80). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SVIK?
Studsvik AB trades at a price-to-earnings ratio of 58.1 (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 86.67 is built from several models across several years. Median P/E at fiscal year-end, 8 fiscal years (2016 to 2025), reported earnings: 21.2. Other multiples: PEG 2.7, P/B 4.1, P/S 1.7, EV/EBITDA 25.4.
What is the PEG ratio of SVIK?
The PEG ratio of Studsvik AB is 2.67 (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 Studsvik AB (SVIK)?
Balance-sheet figures for Studsvik AB (as of Nov 8, 2026): return on equity 6.6%, debt of 0.20 per unit of equity. They feed the Quality Score of 64/100, which measures business quality independently of the share price.
How far is SVIK from its 52-week high?
Studsvik AB trades at kr 194.80, about 46% below its 52-week high of kr 364.00 and 2% above the low of kr 191.40 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of kr 86.67 is for.
Which stocks are comparable to Studsvik AB?
From the same area (Industrials) we also value Waste Management, Inc, Republic Services, Inc, Waste Connections, Inc, Veolia Environnement SA, 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 Studsvik AB stock attractive at the current price?
The data as of Nov 8, 2026: price kr 194.80, calculated fair value kr 86.67 (−56%), Quality Score 64/100, from 24 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 SVIK calculated?
We run Studsvik AB through 24 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 86.67 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. Studsvik AB 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 Studsvik AB (SVIK)?
The closing price on Nov 6, 2026 was kr 194.80. Our model-based fair value is kr 86.67, about 56% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Studsvik AB right now?
The price sits above even our optimistic bull case (kr 110.29). The favourable scenario is already priced in. Solid but not exceptional quality (64/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Studsvik AB
How large is the market capitalisation of Studsvik AB (SVIK)?
The market capitalisation of Studsvik AB is 1.6B SEK (≈ $162M). 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 Studsvik AB (SVIK)?
The price-to-sales ratio of Studsvik AB is 1.74 (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 Studsvik AB (SVIK)?
Earnings per share at Studsvik AB are kr 3.35 (price ÷ EPS = P/E 58.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Studsvik AB (SVIK)?
The dividend yield of Studsvik AB is 0.9% (payout 54.6%). 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 Studsvik AB (SVIK)?
The net margin of Studsvik AB is 3.0% (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 Studsvik AB (SVIK)?
The return on equity (ROE) of Studsvik AB is 6.6% (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 Studsvik AB (SVIK)?
On an EBIT basis the return on assets of Studsvik AB is 6.2% (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 Studsvik AB (SVIK)?
The operating margin of Studsvik AB is 3.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Studsvik AB (SVIK)?
Revenue at Studsvik AB is growing +10.5% versus a year earlier (3y avg +2.7%). 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 Studsvik AB (SVIK)?
Earnings per share at Studsvik AB are growing −80.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Studsvik AB (SVIK) carry?
The net debt of Studsvik AB is 65.1M SEK (fiscal year 2025, ≈ 0.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 8, 2026