FormPipe Software AB vs SGA Co: Fair Value & Quality
Both stocks run through our valuation models. Here is how FormPipe Software AB (FPIP) and SGA Co (049470) compare, as of Aug 11, 2026.
As of Aug 11, 2026, Fair Value Calculator sees FormPipe Software AB as the less overvalued of the two: FormPipe Software AB trades at SEK 29.90 versus a fair value of SEK 11.24 (-62%), while SGA Co trades at KRW 1,876 versus KRW 393 (-79%).
FormPipe Software AB
FPIP.ST · SEK · Information Technology
-62%
upside to fair value
overvalued
PriceSEK 29.90
Fair ValueSEK 11.24
Quality50/100
SGA Co
049470.KQ · KRW · Information Technology
-79%
upside to fair value
overvalued
PriceKRW 1,876
Fair ValueKRW 393
Quality38/100
Head-to-head numbers
Green value = the better side for that row (for valuation multiples: lower = cheaper).
FormPipe Software ABSGA Co
Valuation
0.69×P/S (TTM)—
0.19×P/B—
3.3×EV/EBITDA—
1.07×PEG—
Profitability
—Net margin0%
19%Operating margin0%
-7%Return on equity259%
2%Return on assets0%
Growth
-0%Revenue growth (YoY)0%
-20.6%Avg. growth/yr (3Y)-23.3%
-9.7%Avg. growth/yr (5Y)—
Balance & size
$169MMarket cap$25M
weakGrowth qualityweak
FormPipe Software AB leads: 3 to 2 metric wins.
Dash = not meaningfully computable, for example with negative equity.
Quality in detail
The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.
FormPipe Software ABof which business quality 54 · market factors 59SGA Coof which business quality 38 · market factors 3
ProfitabilityMargins and returns on capital today
66
5
Quality GrowthAre margins and returns improving?
44
0
CashflowEarnings quality: real cash, not paper profit
InvestmentDisciplined investing over empire-building
26
50
Low VolatilityCalm price path (market factor)
50
0
MomentumPrice trend over the last 3–12 months (market factor)
62
0
52W MomentumDistance to the 52-week high (market factor)
66
10
Net IssuanceBuybacks instead of dilution
81
100
What the models say
The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.
FormPipe Software AB
DCF ModelsSEK 8.20
Earnings-BasedSEK 65.36
MultiplesSEK 10.08
Asset-BasedSEK 10.82
Growth DCFSEK 6.50
Economic ProfitSEK 59.17
Growth EarningsSEK 144
14 of 22 models see the stock below the current price.
SGA Co
Asset-BasedKRW 1,850
1 of 1 models see the stock below the current price.
Scenario ranges
From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.
FormPipe Software AB
Bear SEK 8.43Fair Value SEK 11.24Bull SEK 14.05
SEK 29.90 = current price (white tick)
SGA Co
Bear KRW 259Fair Value KRW 393Bull KRW 491
KRW 1,876 = current price (white tick)
Compare two other stocks
Tap a field and type again, ticker or company name.
Free, no sign-up
Ranked within their sector
Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.
FormPipe Software AB · Information Technology
Quality score50 · below median
Fair value upside-62% · below median
SGA Co · Information Technology
Quality score38 · bottom 25%
Fair value upside-79% · bottom 25%
Bottom line
As of Aug 11, 2026, Fair Value Calculator sees FormPipe Software AB as the less overvalued of the two: FormPipe Software AB trades at SEK 29.90 versus a fair value of SEK 11.24 (-62%), while SGA Co trades at KRW 1,876 versus KRW 393 (-79%).
FormPipe Software AB has the higher quality score (50/100).
Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.
A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.
