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AAC Clyde Space AB (AAC) Fair Value & Analysis

Industrials · SE · Market cap 1.0B SEK

AC AAC Clyde Space AB AAC · ST
Pricekr 120.40
Fair Valuekr 66.90
Upside-44.4%
Quality30/100
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Evidence: Low Range kr 49.92 – kr 99.85

Fair value as of: Jul 14, 2026

From 1 valuation models · updated today

Fair value updated Jul 14, 2026 — revised from kr 449.32 to kr 66.90 (−85.1%) since Jun 24, 2026. Share price −22.5% over the past month.

Price vs Fair Value (12 months)

kr 176.00 kr 73.80 Fair Value kr 66.90 Jul 2025 Jul 2026

12‑month range kr 73.80 – kr 176.00 · fair‑value band kr 49.92 – kr 99.85 · the kr 120.40 price screens above the kr 66.90 fair value. As of Jul 14, 2026.

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Analysis

AAC Clyde Space AB (AAC) currently trades at kr 120.40, while our model-based Fair Value estimate is kr 66.90 — implying the stock looks roughly 44.4% overvalued today. We read business quality at 30/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Over the trailing twelve months, AAC Clyde Space AB generated revenue of 292M SEK at a net margin of -18.7%. Revenue declined 3.6% year over year. It earns a return on equity of -8.1%. Net debt stands at 7.1M SEK. Fundamentals as of Jul 14, 2026

Our scenario range runs from kr 49.92 (bear case) to kr 99.85 (bull case); at kr 120.40, the current price sits above that range. The share trades about 35% below its 52-week high and 70% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -49% fair-value upside — at -44%, AAC screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 292M SEK
Revenue growth (YoY) -3.6%
Net margin -18.7%
Return on equity -8.1%
Free cash flow −115M SEK FY2025
Operating margin -21.2%
More key figures
EPS (TTM) kr -8.50
Net debt 7.1M SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 14, 2026. TTM = trailing twelve months.

About the company

AAC Clyde Space AB (publ) provides small satellite technologies and services in Sweden, the United Kingdom, rest of Europe, the United States, Asia, and internationally. It offers command and data handling, cubesat batteries, power system, PCDU, communications, solar arrays, cubesat structure, payloads, attitude determination and control systems (ADCS), electrical power systems, laser and radio communications systems, lightweight structure solutions, payload solutions, propulsion systems, and smallsat technologies, as well as on-board data handling solutions. The company also provides space data as a service; data delivery; mission design, manufacturing, and integration of components services; and launch and ground services. In addition, it operates EPIC spacecraft platform. The company offers its products and services under AAC clyde space, omnisys, spacequest, hyperion, space Africa, and spacemertic brand names. It serves the government, businesses, and educational organizations. …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

AAC Clyde Space AB reported revenue of kr 295M in FY2025 versus kr 180M in FY2021, a compound +13.2%/yr. Reported net income was −kr 46.1M in FY2025.

Revenue +13.2%/yr
FY21 kr 180M
FY22 kr 197M
FY23 kr 277M
FY24 kr 353M
FY25 kr 295M
Net income
FY21 −kr 39.5M
FY22 −kr 46.5M
FY23 −kr 41.4M
FY24 −kr 5.6M
FY25 −kr 46.1M

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Cite: Fair Value Calculator (2026). "AAC Clyde Space AB Fair Value". https://www.fairvalue-calculator.com/stock/AAC.ST

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Frequently asked questions

Is AAC Clyde Space AB (AAC) undervalued?
As of Jul 14, 2026, our model estimates a fair value of kr 66.90 versus a price of kr 120.40 — about −44% (overvalued). Model-based estimate, not financial advice.
What is the fair value of AAC?
Our model-based fair value for AAC Clyde Space AB is kr 66.90 (as of Jul 14, 2026), built from audited fundamentals. The current price is kr 120.40.
What is the quality score of AAC?
AAC Clyde Space AB has a Quality Score of 30/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of AAC Clyde Space AB (AAC)?
AAC Clyde Space AB reported trailing-twelve-month revenue of about 292M SEK (latest available figure, as of Jul 14, 2026).
What is the net profit margin of AAC?
The net profit margin of AAC Clyde Space AB is about -18.7%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.