Xplora Technologies As (XPLRA) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Xplora Technologies As stock NOK 28.75, price NOK 23.35, upside +23.1%, quality 47 out of 100. Rating: undervalued. Calculated from audited financials with 8 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 6.42 – kr 59.00 · fair‑value band kr 15.32 – kr 54.99 · the kr 23.35 price screens below the kr 28.75 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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Xplora Technologies AS, an information technology company, develops wearable smart devices, mobile phones and smartphones, connectivity, and value-added services.
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The company offers Xplora Platform, which consists of connectivity services (mobile subscription) and value-added services; and an activity platform, which converts physical activity collected from smart devices to Xplora coins. It also provides accessories.
The company operates in Germany, Sweden, the United Kingdom, Norway, Spain, Ireland, Finland, Estonia, Denmark, the United State, and France. Xplora Technologies AS was founded in 2016 and is headquartered in Oslo, Norway.
Stock analysis
Xplora Technologies As (XPLRA) currently trades at kr 23.35, while our model-based Fair Value estimate is kr 28.75, implying the stock looks roughly 19% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of kr 28.75 per share, and 4 of the 8 models we run sit above the kr 23.35 price.
Bear case: the Multiples group reads lowest at kr 11.30, and 4 of the 8 models stay below the price. Data coverage for this calculation is medium.
Scenario range: kr 15.32 (bear) to kr 54.99 (bull), the price of kr 23.35 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 47/100 (below-average quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Xplora Technologies As reported revenue of 1.9B NOK in FY2025 versus 431M NOK in FY2021, a compound +45.2%/yr. Reported net income was −32.3M NOK in FY2025.
Key figures
Market cap 1.0B NOK (≈ $111M) Micro · P/E ratio 8.3 · P/S ratio 0.55 · EPS (TTM) kr 2.83 · Net margin 6.8% · Return on equity 32.0% · Return on assets (EBIT) −2.6% (5-year average) · Operating margin 8.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 60% below its 52-week high and 11% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 21% fair-value upside, at 23%, XPLRA screens cheaper than that median.
Fair Value models
Bearkr 15.32Fair Value kr 28.75Bullkr 54.99
Price kr 23.35 · Upside +23.1%
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 2.43 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.81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+135.8%
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.
+56.3%
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.
+57.1%
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.
+141.4%
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Profit margin (trend) ⓘ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.
−26.1% (2019) → 1.5% (2024)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes less growth than 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).
+18.9%
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.
+6.7%
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 +16.1% a year for the price and +4.2% for the forecasts.
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.Internet Retail · 101 stocks
Beats the industry median on 7/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score47 · Bottom 25%
Fair Value upside+23.1% · Above median
Profitability
Return on equity (12 months)32.0% · Top 25%
Return on assets−1.6% · Below median
Net margin (12 months)6.8% · Above median
Operating margin (12 months)8.4% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−8.8% · Bottom 25%
Balance sheet
Debt / equity1.91× · Highest 25%
Valuation Multiplesvs Internet Retail median · lower = cheaper
P/E (12 months)8.3× · Cheapest 25%
P/B3.00× · 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.
P/S (12 months)0.55× · Cheaper than median
Price / free cash flow (fiscal year)18.3× · Pricier 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.
Cite: Fair Value Calculator (2026). "Xplora Technologies As Fair Value". https://www.fairvalue-calculator.com/stock/XPLRA
Frequently asked questions
Is Xplora Technologies As (XPLRA) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of kr 28.75 versus a price of kr 23.35, about +23% upside (undervalued).
What is the fair value of XPLRA?
Our model-based fair value for Xplora Technologies As is kr 28.75 (as of Nov 8, 2026), built from audited fundamentals. The current price: kr 23.35.
What is the quality score of XPLRA?
Xplora Technologies As has a Quality Score of 47/100. 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 Xplora Technologies As (XPLRA)?
Our model-based price target is the fair value of kr 28.75 (as of Nov 8, 2026) from 8 valuation models. Cautious scenario kr 15.32, optimistic scenario kr 54.99. It is a calculation from audited fundamentals, not an analyst target.
What is the Xplora Technologies As stock forecast for 2026?
Our models put fair value at kr 28.75, about +23% upside versus a price of kr 23.35 (undervalued). Cautious scenario kr 15.32, optimistic scenario kr 54.99. The calculation is refreshed regularly with new filings.
What is the revenue of Xplora Technologies As (XPLRA)?
Xplora Technologies As reported trailing-twelve-month revenue of about 1.9B NOK (latest available figure, as of Nov 8, 2026).
What growth is priced into Xplora Technologies As (XPLRA)?
For today's price to be fair in a discounted-cash-flow model, Xplora Technologies As would have to grow free cash flow by +18.9 % 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 +57.1 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of XPLRA use?
Our models discount Xplora Technologies As at 11.0 %: a base by market capitalisation (micro), damped by beta 0.47, 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 Xplora Technologies As that is +18.9 % 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 Xplora Technologies As (XPLRA) delivered so far?
Over the past 5 years revenue at Xplora Technologies As grew +57.1 % a year. The price currently implies free-cash-flow growth of +18.9 % 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 Xplora Technologies As (XPLRA) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into Xplora Technologies As (+18.9 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Xplora Technologies As (XPLRA)?
The free-cash-flow yield on the price is 5.48 %: that much free cash flow Xplora Technologies As 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 Xplora Technologies As (XPLRA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Xplora Technologies As it is kr 28.75 per share (as of Nov 8, 2026), against a price of kr 23.35. It is the blended result of 8 valuation models in 3 families (DCF Models, Multiples, Growth DCF).
Is Xplora Technologies As stock overvalued or undervalued in 2026?
As of Nov 8, 2026, XPLRA trades below its calculated fair value: price kr 23.35, fair value kr 28.75, a gap of about +23% (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 XPLRA?
No. The price is what the market pays today (kr 23.35); the fair value is what the company's own numbers justify (kr 28.75). For Xplora Technologies As the two are kr 5.40 per share apart. That gap is exactly why we show both numbers side by side.
How much is Xplora Technologies As worth?
The market values Xplora Technologies As at about 1.0B NOK (market capitalisation, as of Nov 8, 2026). Per share that is kr 23.35; our models calculate a fair value of kr 28.75 per share.
What do the bullish and bearish scenarios say about XPLRA?
Our models span a range for Xplora Technologies As: cautious scenario kr 15.32, base kr 28.75, optimistic kr 54.99 per share (as of Nov 8, 2026, price kr 23.35). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of XPLRA?
Xplora Technologies As trades at a price-to-earnings ratio of 8.3 (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 28.75 is built from several models across several years. Other multiples: P/B 3.0, P/S 0.5, EV/EBITDA 6.8.
How solid is the balance sheet of Xplora Technologies As (XPLRA)?
Balance-sheet figures for Xplora Technologies As (as of Nov 8, 2026): return on equity 32.0%, debt of 1.91 per unit of equity. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is XPLRA from its 52-week high?
Xplora Technologies As trades at kr 23.35, about 60% below its 52-week high of kr 59.00 and 11% above the low of kr 20.95 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of kr 28.75 is for.
Which stocks are comparable to Xplora Technologies As?
From the same area (Consumer Cyclical) we also value Amazon.com, Inc, Alibaba Group, PDD Holdings, Prosus N.V, 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 Xplora Technologies As stock attractive at the current price?
The data as of Nov 8, 2026: price kr 23.35, calculated fair value kr 28.75 (+23%), Quality Score 47/100, from 8 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 XPLRA calculated?
We run Xplora Technologies As through 8 models from 3 families: DCF Models, Multiples, Growth DCF. Every model gets the same audited fundamentals; the fair value of kr 28.75 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. Xplora Technologies As currently trades 19% 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 Xplora Technologies As (XPLRA)?
The closing price on Nov 6, 2026 was kr 23.35. Our model-based fair value is kr 28.75, about +23% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Xplora Technologies As right now?
The model range is unusually wide (kr 15.32 to kr 54.99). The outcome hinges heavily on assumptions, so read the point estimate with caution. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Xplora Technologies As
How large is the market capitalisation of Xplora Technologies As (XPLRA)?
The market capitalisation of Xplora Technologies As is 1.0B NOK (≈ $111M). 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 Xplora Technologies As (XPLRA)?
The price-to-sales ratio of Xplora Technologies As is 0.55 (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 Xplora Technologies As (XPLRA)?
Earnings per share at Xplora Technologies As are kr 2.83 (price ÷ EPS = P/E 8.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Xplora Technologies As (XPLRA)?
The net margin of Xplora Technologies As is 6.8% (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 Xplora Technologies As (XPLRA)?
The return on equity (ROE) of Xplora Technologies As is 32.0% (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 Xplora Technologies As (XPLRA)?
On an EBIT basis the return on assets of Xplora Technologies As is −2.6% (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 Xplora Technologies As (XPLRA)?
The operating margin of Xplora Technologies As is 8.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Xplora Technologies As (XPLRA)?
Revenue at Xplora Technologies As is growing −8.8% versus a year earlier (3y avg +56.3%). 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 Xplora Technologies As (XPLRA)?
Earnings per share at Xplora Technologies As are growing +66.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Xplora Technologies As (XPLRA) carry?
The net debt of Xplora Technologies As is 532M NOK (fiscal year 2025, ≈ 9.3 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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Nov 8, 2026