Vitec Software Group AB Series B (0RDI) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Vitec Software Group AB Series B SEK 399, price SEK 277, upside +44.1%, quality 56 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range kr 213.40 – kr 625.32 · fair‑value band kr 279.24 – kr 518.59 · the kr 276.80 price screens below the kr 398.92 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
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Vitec Software Group AB (publ) develops and delivers vertical software solutions in Sweden, Denmark, Finland, Norway, the Netherlands, the United States, and internationally.
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Vitec Software Group AB (publ) develops and delivers vertical software solutions in Sweden, Denmark, Finland, Norway, the Netherlands, the United States, and internationally. The company offers software for laundry and textile rental; greenhouses, industry, and renewable energy; lubricants; taxi; welfare and healthcare; banking and finance; car dismantling; automotive, transportation and machinery; media agency; pharmacy; blue light operations; car dealers and repair shops; electricity traders and network owners of electricity and district heating networks; real estate; insurance; and hairdressing and beauty salon services. It also provides software for hotel and hospitality; education; religious communities and preschools; skills development and transition; real estate agent; digital cultural heritage and collections; grocery store; property and facility management; trade and manufacturing; waste and resource processing; and bond markets, as well as municipal culture and leisure administration and visitor facilities. Vitec Software Group AB (publ) was incorporated in 1985 and is headquartered in Umeå, Sweden.
Stock analysis
Vitec Software Group AB Series B (0RDI) currently trades at kr 276.80, while our model-based Fair Value estimate is kr 398.92, implying the stock looks roughly 30.6% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of kr 630.29 per share, and 17 of the 26 models we run sit above the kr 276.80 price.
Bear case: the Dividend Discount group reads lowest at kr 58.73, and 9 of the 26 models stay below the price. Evidence for this calculation is medium.
Scenario range: kr 279.24 (bear) to kr 518.59 (bull), the price of kr 276.80 sits below 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 56/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Vitec Software Group AB Series B reported revenue of 3.6B SEK in FY2025 versus 1.6B SEK in FY2021, a compound +23.3%/yr. Reported net income was 435M SEK in FY2025, compounding +20.4%/yr from FY2021.
Key figures
Market cap 11.0B SEK (≈ $1.1B) · P/E ratio 0.4 · P/S ratio 0.04 · EPS (TTM) kr 6.57 · Dividend yield 1.3% · Net margin 12.0% · Return on equity 9.5% · Return on assets (EBIT) 7.2%.
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 27% below its 52-week high and 30% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −40% fair-value upside, at 44%, 0RDI screens cheaper than that median.
Fair Value models
Bear kr 279.24Fair Value kr 398.92Bull kr 518.59
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. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (kr 2.19 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.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.95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+9.0%
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.
+22.5%
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.
+22.6%
Start year 2020 (pandemic). Over 10 years: +19.4% a year
Revenue growth 13 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.
+18.4%
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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.
+18.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+17.6%
Dividend (yield on the price)1.3%
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.17.6% vs 17.2%, steady
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.17% → 20%
Start year 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more 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).
+52.8%
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.
+4.2%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in SEK, Sweden: IMF forecast 2.0% a year to 2030, 2.9% from 2016 to 2025) that is about +49.8% a year for the price and +2.2% for the forecasts.
Compare Vitec Software Group AB Series B with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Application Software” was too small, so the broader sector is used.)Industrials · 5333 stocks
Beats the sector median on 9/10 measures
Overall it ranks above its sector peers.
Valuation
Quality Score56 · Above median
Fair Value upside+44.1% · Top 25%
Profitability
Return on equity (TTM)9.5% · Above median
Return on assets4.4% · Above median
Net margin (TTM)12.1% · Top 25%
Operating margin (TTM)23.6% · Top 25%
Growth and dividend
Revenue growth16.9% · Above median
Dividend yield (TTM)1.3% · Below median
Balance sheet
Debt / equity0.12× · Below median
Valuation Multiplesvs Industrials 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.
Cite: Fair Value Calculator (2026). "Vitec Software Group AB Series B Fair Value". https://www.fairvalue-calculator.com/stock/0RDI
Frequently asked questions
Is Vitec Software Group AB Series B (0RDI) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of kr 398.92 versus a price of kr 276.80, about +44% upside (undervalued).
What is the fair value of 0RDI?
Our model-based fair value for Vitec Software Group AB Series B is kr 398.92 (as of Sep 24, 2026), built from audited fundamentals. The current price: kr 276.80.
What is the quality score of 0RDI?
Vitec Software Group AB Series B has a Quality Score of 56/100. 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 Vitec Software Group AB Series B (0RDI)?
Our model-based price target is the fair value of kr 398.92 (as of Sep 24, 2026) from 26 valuation models. Cautious scenario kr 279.24, optimistic scenario kr 518.59. It is a calculation from audited fundamentals, not an analyst target.
What is the Vitec Software Group AB Series B stock forecast for 2026?
Our models put fair value at kr 398.92, about +44% upside versus a price of kr 276.80 (undervalued). Cautious scenario kr 279.24, optimistic scenario kr 518.59. The calculation is refreshed regularly with new filings.
What is the revenue of Vitec Software Group AB Series B (0RDI)?
Vitec Software Group AB Series B reported trailing-twelve-month revenue of about 3.8B SEK (latest available figure, as of Sep 24, 2026).
Does Vitec Software Group AB Series B pay a dividend?
Vitec Software Group AB Series B currently shows a dividend yield of about 1.33% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Vitec Software Group AB Series B (0RDI)?
For today's price to be fair in a discounted-cash-flow model, Vitec Software Group AB Series B would have to grow free cash flow by +52.8 % per year for five years (discount rate 11.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +22.6 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 0RDI use?
Our models discount Vitec Software Group AB Series B at 11.3 %: a base by market capitalisation (small), damped by beta 0.83, country premium for United Kingdom. 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 Vitec Software Group AB Series B that is +52.8 % per year a year over ten years, using the same discount rate (11.3 %) and the same formula as our fair value.
How much growth has Vitec Software Group AB Series B (0RDI) delivered so far?
Over the past 5 years revenue at Vitec Software Group AB Series B grew +22.6 % a year. The price currently implies +52.8 % per year free-cash-flow growth a 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 Vitec Software Group AB Series B (0RDI) growing?
The median revenue growth in the sector is +7.1 % a year. That is the yardstick for the growth priced into Vitec Software Group AB Series B (+52.8 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Vitec Software Group AB Series B (0RDI)?
The free-cash-flow yield on the price is 0.74 %: that much free cash flow Vitec Software Group AB Series B produces per unit of market value. When it exceeds the discount rate of our models (11.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Vitec Software Group AB Series B (0RDI)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Vitec Software Group AB Series B it is kr 398.92 per share (as of Sep 24, 2026), against a price of kr 276.80. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Vitec Software Group AB Series B stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 0RDI trades below its calculated fair value: price kr 276.80, fair value kr 398.92, a gap of about +44% (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 0RDI?
No. The price is what the market pays today (kr 276.80); the fair value is what the company's own numbers justify (kr 398.92). For Vitec Software Group AB Series B the two are kr 122.12 per share apart. That gap is exactly why we show both numbers side by side.
How much is Vitec Software Group AB Series B worth?
The market values Vitec Software Group AB Series B at about 11.0B SEK (market capitalisation, as of Sep 24, 2026). Per share that is kr 276.80; our models calculate a fair value of kr 398.92 per share.
What do the bullish and bearish scenarios say about 0RDI?
Our models span a range for Vitec Software Group AB Series B: cautious scenario kr 279.24, base kr 398.92, optimistic kr 518.59 per share (as of Sep 24, 2026, price kr 276.80). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 0RDI?
Vitec Software Group AB Series B trades at a price-to-earnings ratio of 0.4 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of kr 398.92 is built from several models across several years.
How solid is the balance sheet of Vitec Software Group AB Series B (0RDI)?
Balance-sheet figures for Vitec Software Group AB Series B (as of Sep 24, 2026): return on equity 9.5%, debt of 0.12 per unit of equity. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
How far is 0RDI from its 52-week high?
Vitec Software Group AB Series B trades at kr 276.80, about 27% below its 52-week high of kr 377.03 and 30% above the low of kr 213.40 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of kr 398.92 is for.
Which stocks are comparable to Vitec Software Group AB Series B?
From the same area (Industrials) we also value B2BSOFT, SCANPGEOM, ERPSOFT, FIRSTFIN, 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 Vitec Software Group AB Series B stock attractive at the current price?
The data as of Sep 24, 2026: price kr 276.80, calculated fair value kr 398.92 (+44%), Quality Score 56/100, from 26 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 0RDI calculated?
We run Vitec Software Group AB Series B through 26 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 398.92, 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. Vitec Software Group AB Series B currently trades 31 % 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 Vitec Software Group AB Series B (0RDI)?
The closing price on Oct 2, 2026 was kr 276.80. Our model-based fair value is kr 398.92, about +44% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Vitec Software Group AB Series B right now?
Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (kr 279.24 to kr 518.59) leaves room in how you read the outcome.
Where does the earnings growth of Vitec Software Group AB Series B (0RDI) come from?
Earnings per share at Vitec Software Group AB Series B grew +18.7 % a year from 2014 to 2025. Broken into its drivers: revenue per share +16.9 %, EBIT margin +5.6 %, tax rate −0.7 %, residual (interest, one-offs) −3.1 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Vitec Software Group AB Series B
How large is the market capitalisation of Vitec Software Group AB Series B (0RDI)?
The market capitalisation of Vitec Software Group AB Series B is 11.0B SEK (≈ $1.1B). 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 Vitec Software Group AB Series B (0RDI)?
The price-to-sales ratio of Vitec Software Group AB Series B is 0.04 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Vitec Software Group AB Series B (0RDI)?
Earnings per share at Vitec Software Group AB Series B are kr 6.57 (price ÷ EPS = P/E 0.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Vitec Software Group AB Series B (0RDI)?
The dividend yield of Vitec Software Group AB Series B is 1.3% (payout 56.0%). 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 Vitec Software Group AB Series B (0RDI)?
The net margin of Vitec Software Group AB Series B is 12.0% (fiscal year 2025). 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 Vitec Software Group AB Series B (0RDI)?
The return on equity (ROE) of Vitec Software Group AB Series B is 9.5% (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 Vitec Software Group AB Series B (0RDI)?
On an EBIT basis the return on assets of Vitec Software Group AB Series B is 7.2% (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 Vitec Software Group AB Series B (0RDI)?
The operating margin of Vitec Software Group AB Series B is 23.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Vitec Software Group AB Series B (0RDI)?
Revenue at Vitec Software Group AB Series B is growing +16.9% versus a year earlier (3y avg +22.5%). 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 Vitec Software Group AB Series B (0RDI)?
Earnings per share at Vitec Software Group AB Series B are growing +13.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Vitec Software Group AB Series B (0RDI) carry?
The net debt of Vitec Software Group AB Series B is 2.5B SEK (fiscal year 2025, ≈ 2.3 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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