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Acast AB (ACAST) Fair Value & Analysis

Communication Services · SE · Market cap 7.2B SEK

AA Acast AB ACAST · ST
Pricekr 36.10
Fair Valuekr 7.25
Upside-79.9%
Quality59/100
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Expensive Growth
Loss-making · -0.1% net margin
Low debt · negative free cash flow
Ranks above peers (7/11)
Narrow moat 24/100
Evidence: Low Range kr 6.06 – kr 8.44 Share as image

Fair value as of: Aug 13, 2026

From 2 valuation models · updated today

Share price −9.8% over the past month.

A solid business, but screening 80% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 8.44). 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 (59/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

kr 40.95 kr 4.94 Fair Value kr 7.25 Jun 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range kr 4.94 – kr 40.95 · fair‑value band kr 6.06 – kr 8.44 · the kr 36.10 price screens above the kr 7.25 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

Acast AB (ACAST) currently trades at kr 36.10, while our model-based Fair Value estimate is kr 7.25, implying the stock looks roughly 79.9% overvalued today. The Quality Score stands at 59/100 (solid quality), in the Communication Services 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, Acast AB generated revenue of 2.6B SEK at a net margin of -0.1%. Revenue grew 20.5% year over year. It earns a return on equity of -0.2%. The balance sheet holds a net cash position of 454M SEK. Fundamentals as of Aug 13, 2026

Our scenario range runs from kr 6.06 (bear case) to kr 8.44 (bull case); at kr 36.10, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 13% below its 52-week high and 147% above its 52-week low, currently above its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -43% fair-value upside, at -80%, ACAST screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

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. Evidence
Highest evidence
EV/EBITDA kr 6.69 kr 7.88 kr 9.07 54
NCAV (Graham) kr 3.24 kr 4.34 kr 6.47 50
All 2 models by family
Multiples
EV/EBITDA kr 6.69 kr 7.88 kr 9.07 54
Asset-Based
NCAV (Graham) kr 3.24 kr 4.34 kr 6.47 50

Widest divergence: Multiples (kr 7.88) versus Asset-Based (kr 4.34). Highest evidence: EV/EBITDA (54).

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Key figures & financial health

Revenue (TTM) 2.6B SEK
Revenue growth (YoY) +20.5%
Net margin -0.1%
Return on equity -0.2%
Free cash flow −4.1M SEK FY2025
Operating margin 0.7%
More key figures
EPS (TTM) kr -0.0200
EPS growth (YoY) -60.4%
Net cash 454M SEK FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 58 · Market factors (momentum, volatility) 78

Profitability 35
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 13
Earnings quality: real cash, not paper profit
Fin. Strength 94
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 75
Price trend over the last 3–12 months (market factor)
52W Momentum 89
Distance to the 52-week high (market factor)
Net Issuance 90
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Acast AB (publ) operates as a podcasting company in Europe, North America, and internationally. It provides podcast marketplace and building technology to connect podcast creators, advertisers, and listeners. The company also operates a podcast platform to host and distribute their podcast.

Full company description

Acast AB (publ) operates as a podcasting company in Europe, North America, and internationally. It provides podcast marketplace and building technology to connect podcast creators, advertisers, and listeners. The company also operates a podcast platform to host and distribute their podcast. In addition, it offers podcast advertising services for promotion of the brand; and monetization opportunities for podcast creators and advertisers. Acast AB (publ) was incorporated in 2013 and is headquartered in Stockholm, Sweden.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Acast AB reported revenue of kr 2.5B in FY2025 versus kr 1.0B in FY2021, a compound +25.2%/yr. Reported net income was −kr 112M in FY2025.

Growth Quality 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
2.5B SEK
Latest YoY
+29.5%
Avg. growth/yr (3Y) 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.
+21.9%
Avg. growth/yr (5Y) 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.
+33.6%
Avg. growth/yr (7Y) 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.
+45.7%
Revenue +25.2%/yr
FY21 kr 1.0B
FY22 kr 1.4B
FY23 kr 1.6B
FY24 kr 1.9B
FY25 kr 2.5B
Net income
FY21 −kr 300M
FY22 −kr 286M
FY23 −kr 180M
FY24 kr 78.2M
FY25 −kr 112M

ACAST screens 80% overvalued. Compare with Netflix, Inc →

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Cite: Fair Value Calculator (2026). "Acast AB Fair Value". https://www.fairvalue-calculator.com/stock/ACAST

Peer Group

Entertainment · 268 stocks

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.

Quality Score 58 · Above median
Fair Value upside −80% · Bottom 25%
Return on assets 2% · Above median
Net margin (TTM) -0% · Below median
Operating margin (TTM) 1% · Below median
Revenue growth 21% · Top 25%
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Entertainment median · lower = cheaper

P/B 0.64× · Cheaper than median
P/S (TTM) 0.29× · Cheaper than 75% of peers
EV/EBITDA 2.6× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 7
FUTURE 100 · sector 12
PAST 0 · sector 0
HEALTH 99 · sector 97
DIVIDEND 0 · sector 44

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Entertainment stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Netflix, Inc ZNFL C$6.08 C$2.66 -56%
The Walt Disney Company DIS $103.18 $80.62 -22%
Warner Bros. Discovery, Inc WBD $27.65 $9.03 -67%
Live Nation Entertainment, Inc LYV $185.33 $59.97 -68%
Empresas Cablevisión, S.A. CABLECPO 55.00 MXN 59.14 MXN +8%
PT MNC Digital Entertainment Tbk, MSIN 370.00 IDR 212.14 IDR -43%
Prime Focus Limited PFOCUS ₹268.00 ₹63.45 -76%
JYP Entertainment Corporation 035900 46,000 KRW 82,382 KRW +79%
SM Entertainment Co 041510 75,500 KRW 208,415 KRW +176%
PVR INOX Limited PVRINOX ₹1,176 ₹467.91 -60%

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Frequently asked questions

Is Acast AB (ACAST) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of kr 7.25 versus a price of kr 36.10, about −80% (overvalued).
What is the fair value of ACAST?
Our model-based fair value for Acast AB is kr 7.25 (as of Aug 13, 2026), built from audited fundamentals. The current price is kr 36.10.
What is the quality score of ACAST?
Acast AB has a Quality Score of 59/100. 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 revenue of Acast AB (ACAST)?
Acast AB reported trailing-twelve-month revenue of about 2.6B SEK (latest available figure, as of Aug 13, 2026).
What is the net profit margin of ACAST?
The net profit margin of Acast AB is about -0.1%, 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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