Vend Marketplaces ASA (0R9I) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Vend Marketplaces ASA NOK 75.83, price NOK 208, upside -63.6%, quality 45 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Vend Marketplaces ASA for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
Vend Marketplaces ASA, together with its subsidiaries, develops and operates various marketplaces in Norway, Sweden, Finland, and Denmark. The company operates through Mobility, Real Estate, Jobs, and Recommerce segments.
Show more
Vend Marketplaces ASA, together with its subsidiaries, develops and operates various marketplaces in Norway, Sweden, Finland, and Denmark. The company operates through Mobility, Real Estate, Jobs, and Recommerce segments. Its marketplaces operations include online classified operations through FINN.no, blocket.se, tori.fi and oikotie.fi, and bilbasen.dk and dba.dk., which provide technology-based services to connect buyers and sellers and facilitate transactions, such as job offers, real estate, cars, travel, and consumer goods. The company's marketplaces operations also comprise adjacent businesses, including Nettbil, Qasa, AutoVex, and HomeQ. The company was formerly known as Schibsted ASA and changed its name to Vend Marketplaces ASA in May 2025. Vend Marketplaces ASA was founded in 1839 and is based in Oslo, Norway.
Stock analysis
Vend Marketplaces ASA (0R9I) currently trades at kr 208.40, while our model-based Fair Value estimate is kr 75.83, 63.6% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of kr 62.42 per share, and 0 of the 23 models we run sit above the kr 208.40 price.
Bear case: the Dividend Discount group reads lowest at kr 16.07, and 23 of the 23 models stay below the price. Evidence for this calculation is low.
Scenario range: kr 54.44 (bear) to kr 96.51 (bull), the price of kr 208.40 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 45/100 (below-average quality), in the Communication Services sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Vend Marketplaces ASA reported revenue of 12.9B NOK in FY2020 versus 15.9B NOK in FY2016, a compound −5.0%/yr. Reported net income was 858M NOK in FY2020, compounding +16.5%/yr from FY2016.
Key figures
Market cap 58.1B NOK (≈ $6.0B) · P/S ratio 9.16 · Dividend yield 1.2% · Net margin 6.6% · Return on equity −37.7% · Return on assets (EBIT) 6.7% · Operating margin 32.8% · Revenue (TTM) 6.3B NOK.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 41% below its 52-week high and 1% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 10% fair-value upside, at −64%, 0R9I screens richer than that median.
Fair Value models
Bear kr 54.44Fair Value kr 75.83Bull kr 96.51
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.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.Evidence ⓘEvidence = 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.38/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−32.3%
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.
−8.7%
’16
’17
’18
’19
’20
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.
7.8% (2016) → 8.5% (2020)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no share-count history
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.Internet Content & Information · 134 stocks
Beats the industry median on 5/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score45 · Bottom 25%
Profitability
Return on assets3.9% · Above median
Net margin (TTM)−117.7% · Bottom 25%
Operating margin (TTM)32.8% · Top 25%
Growth and dividend
Revenue growth0.1% · Below median
Dividend yield (TTM)1.2% · Below median
Balance sheet
Debt / equity0.30× · Highest 25%
Valuation Multiplesvs Internet Content & Information 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.
Is Vend Marketplaces ASA (0R9I) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of kr 75.83 versus a price of kr 208.40, about −64% upside (overvalued).
What is the fair value of 0R9I?
Our model-based fair value for Vend Marketplaces ASA is kr 75.83 (as of Sep 24, 2026), built from audited fundamentals. The current price: kr 208.40.
What is the quality score of 0R9I?
Vend Marketplaces ASA has a Quality Score of 45/100. 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 Vend Marketplaces ASA (0R9I)?
Our model-based price target is the fair value of kr 75.83 (as of Sep 24, 2026) from 23 valuation models. Cautious scenario kr 54.44, optimistic scenario kr 96.51. It is a calculation from audited fundamentals, not an analyst target.
What is the Vend Marketplaces ASA stock forecast for 2026?
Our models put fair value at kr 75.83, about −64% upside versus a price of kr 208.40 (overvalued). Cautious scenario kr 54.44, optimistic scenario kr 96.51. The calculation is refreshed regularly with new filings.
What is the revenue of Vend Marketplaces ASA (0R9I)?
Vend Marketplaces ASA reported trailing-twelve-month revenue of about 6.3B NOK (latest available figure, as of Sep 24, 2026).
Does Vend Marketplaces ASA pay a dividend?
Vend Marketplaces ASA currently shows a dividend yield of about 1.20% relative to its recent price (as of Sep 24, 2026).
What is the intrinsic value of Vend Marketplaces ASA (0R9I)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Vend Marketplaces ASA it is kr 75.83 per share (as of Sep 24, 2026), against a price of kr 208.40. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is Vend Marketplaces ASA stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 0R9I trades above its calculated fair value: price kr 208.40, fair value kr 75.83, a gap of about −64% (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 0R9I?
No. The price is what the market pays today (kr 208.40); the fair value is what the company's own numbers justify (kr 75.83). For Vend Marketplaces ASA the two are kr 132.57 per share apart. That gap is exactly why we show both numbers side by side.
How much is Vend Marketplaces ASA worth?
The market values Vend Marketplaces ASA at about 58.1B NOK (market capitalisation, as of Sep 24, 2026). Per share that is kr 208.40; our models calculate a fair value of kr 75.83 per share.
What do the bullish and bearish scenarios say about 0R9I?
Our models span a range for Vend Marketplaces ASA: cautious scenario kr 54.44, base kr 75.83, optimistic kr 96.51 per share (as of Sep 24, 2026, price kr 208.40). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Vend Marketplaces ASA (0R9I)?
Balance-sheet figures for Vend Marketplaces ASA (as of Sep 24, 2026): return on equity −37.7%, debt of 0.30 per unit of equity. They feed the Quality Score of 45/100, which measures business quality independently of the share price.
How far is 0R9I from its 52-week high?
Vend Marketplaces ASA trades at kr 208.40, about 41% below its 52-week high of kr 354.40 and 1% above the low of kr 205.70 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of kr 75.83 is for.
Which stocks are comparable to Vend Marketplaces ASA?
From the same area (Communication Services) we also value Alphabet Inc, Meta Platforms, Inc, Tencent Holdings, Spotify Technology S.A, 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 Vend Marketplaces ASA stock attractive at the current price?
The data as of Sep 24, 2026: price kr 208.40, calculated fair value kr 75.83 (−64%), Quality Score 45/100, from 23 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 0R9I calculated?
We run Vend Marketplaces ASA through 23 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of kr 75.83, 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 14.5 % above its aggregate fair value. Vend Marketplaces ASA 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 Vend Marketplaces ASA (0R9I)?
The closing price on Oct 2, 2026 was kr 208.40. Our model-based fair value is kr 75.83, about −64% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Vend Marketplaces ASA right now?
The price sits above even our optimistic bull case (kr 96.51). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (45/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Vend Marketplaces ASA
How large is the market capitalisation of Vend Marketplaces ASA (0R9I)?
The market capitalisation of Vend Marketplaces ASA is 58.1B NOK (≈ $6.0B). 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 Vend Marketplaces ASA (0R9I)?
The price-to-sales ratio of Vend Marketplaces ASA is 9.16 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Vend Marketplaces ASA (0R9I)?
The dividend yield of Vend Marketplaces ASA is 1.2%. 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 Vend Marketplaces ASA (0R9I)?
The net margin of Vend Marketplaces ASA is 6.6% (fiscal year 2020). 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 Vend Marketplaces ASA (0R9I)?
The return on equity (ROE) of Vend Marketplaces ASA is −37.7% (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 Vend Marketplaces ASA (0R9I)?
On an EBIT basis the return on assets of Vend Marketplaces ASA is 6.7% (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 Vend Marketplaces ASA (0R9I)?
The operating margin of Vend Marketplaces ASA is 32.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Vend Marketplaces ASA (0R9I)?
Revenue at Vend Marketplaces ASA is growing +0.1% versus a year earlier (3y avg −8.7%). 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 Vend Marketplaces ASA (0R9I)?
Earnings per share at Vend Marketplaces ASA are growing −91.5% versus a year earlier. How much earnings per share grew versus a year earlier.
Free · no account needed
Watch Vend Marketplaces ASA in the live analysis
One click puts Vend Marketplaces ASA on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
