Tellusgruppen AB (TELLUS) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Tellusgruppen AB stock SEK 7.56, price SEK 6.78, upside +11.5%, quality 59 out of 100. Rating: undervalued. Calculated from audited financials with 21 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 4, 2026.
How to read this chart
60‑month range kr 3.56 – kr 8.74 · fair‑value band kr 5.29 – kr 9.83 · the kr 6.78 price screens below the kr 7.56 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 4, 2026.
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Tellusgruppen AB (publ), through its subsidiaries, operates in the education and childcare sectors in Sweden. The company operates preschools in Stockholm and Uppsala counties under the Tellusbarn, as well as primary schools under the Robinson and Thea names.
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It also provides childcare and educational services; mother tongue teaching and study guidance to primary schools under the Omniglot name; and babysitting services under the Nanny by Tellus. The company was founded in 2007 and is based in Stockholm, Sweden.
Stock analysis
Tellusgruppen AB (TELLUS) currently trades at kr 6.78, while our model-based Fair Value estimate is kr 7.56, implying the stock looks roughly 10% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of kr 44.91 per share, and 13 of the 21 models we run sit above the kr 6.78 price.
Bear case: the Dividend Discount group reads lowest at kr 1.63, and 8 of the 21 models stay below the price. Data coverage for this calculation is low.
Scenario range: kr 5.29 (bear) to kr 9.83 (bull), the price of kr 6.78 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 59/100 (solid quality), in the Consumer Defensive sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Tellusgruppen AB reported revenue of 489M SEK in FY2025 versus 245M SEK in FY2021, a compound +18.9%/yr. Reported net income was 4.6M SEK in FY2025.
Key figures
Market cap 120M SEK (≈ $12.2M) Micro · P/E ratio 17.8 · P/S ratio 0.23 · EPS (TTM) kr 0.3800 · Dividend yield 1.9% · Net margin 0.3% · Return on equity 6.3% · Return on assets (EBIT) −10.6% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 33 out of 100 (low confidence).
What moves the price
The share trades about 7% below its 52-week high and 57% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at 31% fair-value upside, at 12%, TELLUS screens richer than that median.
Fair Value models
Bearkr 5.29Fair Value kr 7.56Bullkr 9.83
Price kr 6.78 · Upside +11.5%
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 0.2144 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.85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+8.4%
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.
+14.8%
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.
+21.2%
Start year 2020 (pandemic)
Revenue growth 8 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.
+22.6%
’17
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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.
+1.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−0.6%
Dividend (yield on the price)1.9%
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.4% → −4%
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).
−17.2%
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 (Sweden: IMF forecast 2.0% a year to 2030, 2.9% from 2016 to 2025) that is about −18.8% a year for the price.
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.Education & Training Services · 108 stocks
Beats the industry median on 6/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score59 · Above median
Fair Value upside+11.5% · Above median
Profitability
Return on equity (12 months)6.3% · Below median
Return on assets5.0% · Above median
Net margin (12 months)0.3% · Below median
Operating margin (12 months)5.4% · Below median
Growth and dividend
Revenue growth (quarter YoY)10.5% · Above median
Dividend yield (12 months)1.9% · Below median
Balance sheet
Debt / equity6.34× · Highest 25%
Valuation Multiplesvs Education & Training Services median · lower = cheaper
P/E (12 months)17.8× · Pricier than median
P/B13.44× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
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). "Tellusgruppen AB Fair Value". https://www.fairvalue-calculator.com/stock/TELLUS
Frequently asked questions
Is Tellusgruppen AB (TELLUS) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of kr 7.56 versus a price of kr 6.78, about +12% upside (undervalued).
What is the fair value of TELLUS?
Our model-based fair value for Tellusgruppen AB is kr 7.56 (as of Nov 4, 2026), built from audited fundamentals. The current price: kr 6.78.
What is the quality score of TELLUS?
Tellusgruppen AB has a Quality Score of 59/100. 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 Tellusgruppen AB (TELLUS)?
Our model-based price target is the fair value of kr 7.56 (as of Nov 4, 2026) from 21 valuation models. Cautious scenario kr 5.29, optimistic scenario kr 9.83. It is a calculation from audited fundamentals, not an analyst target.
What is the Tellusgruppen AB stock forecast for 2026?
Our models put fair value at kr 7.56, about +12% upside versus a price of kr 6.78 (undervalued). Cautious scenario kr 5.29, optimistic scenario kr 9.83. The calculation is refreshed regularly with new filings.
What is the revenue of Tellusgruppen AB (TELLUS)?
Tellusgruppen AB reported trailing-twelve-month revenue of about 510M SEK (latest available figure, as of Nov 4, 2026).
Does Tellusgruppen AB pay a dividend?
Tellusgruppen AB currently shows a dividend yield of 1.92% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of Tellusgruppen AB (TELLUS) and when is the ex-dividend date?
Tellusgruppen AB pays a dividend of kr 0.13 per share a year, a dividend yield of 1.9%. The last ex-dividend date was Jun 11, 2026. The payout ratio is 34.2% of earnings. Free cash flow covers the dividend 13.26 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 Tellusgruppen AB (TELLUS)?
For today's price to be fair in a discounted-cash-flow model, Tellusgruppen AB would have to grow free cash flow by -17.2 % per year for five years (discount rate 9.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +21.2 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of TELLUS use?
Our models discount Tellusgruppen AB at 9.5 %: a base by market capitalisation (nano), 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 Tellusgruppen AB that is -17.2 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.5 %) and the same formula as our fair value.
How much growth has Tellusgruppen AB (TELLUS) delivered so far?
Over the past 5 years revenue at Tellusgruppen AB grew +21.2 % a year. The price currently implies free-cash-flow growth of -17.2 % 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 Tellusgruppen AB (TELLUS) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into Tellusgruppen AB (-17.2 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Tellusgruppen AB (TELLUS)?
The free-cash-flow yield on the price is 25.42 %: that much free cash flow Tellusgruppen AB produces per unit of market value. When it exceeds the discount rate of our models (9.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Tellusgruppen AB (TELLUS)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Tellusgruppen AB it is kr 7.56 per share (as of Nov 4, 2026), against a price of kr 6.78. It is the blended result of 21 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit, Growth Earnings).
Is Tellusgruppen AB stock overvalued or undervalued in 2026?
As of Nov 4, 2026, TELLUS trades below its calculated fair value: price kr 6.78, fair value kr 7.56, a gap of about +12% (undervalued). 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 TELLUS?
No. The price is what the market pays today (kr 6.78); the fair value is what the company's own numbers justify (kr 7.56). For Tellusgruppen AB the two are kr 0.7800 per share apart. That gap is exactly why we show both numbers side by side.
How much is Tellusgruppen AB worth?
The market values Tellusgruppen AB at about 120M SEK (market capitalisation, as of Nov 4, 2026). Per share that is kr 6.78; our models calculate a fair value of kr 7.56 per share.
What do the bullish and bearish scenarios say about TELLUS?
Our models span a range for Tellusgruppen AB: cautious scenario kr 5.29, base kr 7.56, optimistic kr 9.83 per share (as of Nov 4, 2026, price kr 6.78). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TELLUS?
Tellusgruppen AB trades at a price-to-earnings ratio of 17.8 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of kr 7.56 is built from several models across several years. Other multiples: P/B 13.4, P/S 0.0.
How solid is the balance sheet of Tellusgruppen AB (TELLUS)?
Balance-sheet figures for Tellusgruppen AB (as of Nov 4, 2026): return on equity 6.3%, debt of 6.34 per unit of equity. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
How far is TELLUS from its 52-week high?
Tellusgruppen AB trades at kr 6.78, about 7% below its 52-week high of kr 7.33 and 57% above the low of kr 4.32 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of kr 7.56 is for.
Which stocks are comparable to Tellusgruppen AB?
From the same area (Consumer Defensive) we also value New Oriental Education & Technology Group, Laureate Education, Inc, Covista Inc, Physicswallah 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 Tellusgruppen AB stock attractive at the current price?
The data as of Nov 4, 2026: price kr 6.78, calculated fair value kr 7.56 (+12%), Quality Score 59/100, from 21 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 TELLUS calculated?
We run Tellusgruppen AB through 21 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of kr 7.56 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. Tellusgruppen AB currently trades 10% 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 Tellusgruppen AB (TELLUS)?
The closing price on Nov 6, 2026 was kr 6.78. Our model-based fair value is kr 7.56, about +12% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Tellusgruppen AB right now?
A fairly wide model range (kr 5.29 to kr 9.83) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Tellusgruppen AB
How large is the market capitalisation of Tellusgruppen AB (TELLUS)?
The market capitalisation of Tellusgruppen AB is 120M SEK (≈ $12.2M). 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 Tellusgruppen AB (TELLUS)?
The price-to-sales ratio of Tellusgruppen AB is 0.23 (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 Tellusgruppen AB (TELLUS)?
Earnings per share at Tellusgruppen AB are kr 0.3800 (price ÷ EPS = P/E 17.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Tellusgruppen AB (TELLUS)?
The dividend yield of Tellusgruppen AB is 1.9% (payout 34.2%). 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 Tellusgruppen AB (TELLUS)?
The net margin of Tellusgruppen AB is 0.3% (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 Tellusgruppen AB (TELLUS)?
The return on equity (ROE) of Tellusgruppen AB is 6.3% (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 Tellusgruppen AB (TELLUS)?
On an EBIT basis the return on assets of Tellusgruppen AB 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 Tellusgruppen AB (TELLUS)?
The operating margin of Tellusgruppen AB is 5.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Tellusgruppen AB (TELLUS)?
Revenue at Tellusgruppen AB is growing +10.5% versus a year earlier (3y avg +14.8%). 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 Tellusgruppen AB (TELLUS)?
Earnings per share at Tellusgruppen AB are growing −32.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Tellusgruppen AB (TELLUS) carry?
The net debt of Tellusgruppen AB is 21.8M 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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Thin data
Nov 4, 2026