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Aspocomp Group (ACG1V) Fair Value & Analysis

Technology · FI · Market cap €39.6M

AG Aspocomp Group ACG1V · HE
Price€5.44
Fair Value€1.10
Upside-79.8%
Quality66/100
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Healthy Growth
Loss-making · -0.3% net margin
Low debt · generates free cash flow
Trails peers (2/13)
Narrow moat 23/100
Evidence: High Range €0.8200 – €1.37 Share as image

Fair value as of: Jul 16, 2026

From 22 valuation models · updated 25 days ago

Share price +3.4% 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 (€1.37). The favourable scenario is already priced in.
  • Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

€8.02 €2.68 Fair Value €1.10 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range €2.68 – €8.02 · fair‑value band €0.8200 – €1.37 · the €5.44 price screens above the €1.10 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Aspocomp Group (ACG1V) currently trades at €5.44, while our model-based Fair Value estimate is €1.10, implying the stock looks roughly 79.8% overvalued today. The Quality Score stands at 66/100 (solid quality), in the Technology 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: high).

Over the trailing twelve months, Aspocomp Group generated revenue of €37.5M at a net margin of -0.3%. Revenue declined 6.0% year over year. It earns a return on equity of -0.7%. Fundamentals as of Jul 16, 2026

Our scenario range runs from €0.8200 (bear case) to €1.37 (bull case); at €5.44, 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 15% below its 52-week high and 27% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at -80%, ACG1V 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
Growth DCF €1.71 €2.13 €2.65 80
Residual Income €1.58 €1.44 €0.9900 76
Rev-Margin DCF €1.26 €1.76 €2.32 74
All 22 models by family
DCF Models
FCF DCF €1.68 €2.14 €2.73 38
Owner Earnings €0.8600 €1.11 €1.43 31
5Y Revenue Exit €1.26 €1.72 €2.29 39
5Y EBITDA Exit €2.13 €3.22 €4.49 41
5Y P/E Exit €1.10 €1.44 €1.78 38
10Y Revenue Exit €1.42 €1.81 €2.25 36
10Y EBITDA Exit €1.90 €2.67 €3.55 37
10Y P/E Exit €1.36 €1.65 €1.95 35
Earnings-Based
Graham-Dodd €0.3700 €0.7300 €0.9200 54
EPV €0.6600 €0.7600 €0.8300 59
Multiples
P/E Multiple €0.8200 €1.10 €1.37 63
P/S Multiple €0.7000 €0.9300 €1.17 58
P/B Multiple €0.7000 €0.9300 €1.17 55
EV/EBIT €1.52 €2.06 €2.60 53
EV/EBITDA €2.92 €3.93 €4.94 54
EV/Revenue €0.9900 €1.45 €1.92 43
Asset-Based
NCAV (Graham) €1.24 €1.66 €2.48 50
Growth DCF
Growth DCF €1.71 €2.13 €2.65 80
Rev-Margin DCF €1.26 €1.76 €2.32 74
Economic Profit
Residual Income €1.58 €1.44 €0.9900 76
ROIC Compounder €0.6600 €0.7600 €0.8300 72
Growth Earnings
Growth-Adj P/E €0.6000 €0.8500 €1.11 68

Widest divergence: Growth DCF (€1.76) versus Earnings-Based (€0.7300). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €37.5M
Revenue growth (YoY) -6.0%
Net margin -0.3%
Return on equity -0.7%
Free cash flow €1.8M FY2025
Operating margin 2.1%
More key figures
EPS (TTM) €-0.0200
EPS growth (YoY) -80.0%
Net debt €898K FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 65 · Market factors (momentum, volatility) 55

Profitability 42
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 55
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 67
Calm price path (market factor)
Momentum 49
Price trend over the last 3–12 months (market factor)
52W Momentum 51
Distance to the 52-week high (market factor)
Net Issuance 74
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

Aspocomp Group Oyj manufactures and sells printed circuit boards (PCBs) in Finland, Europe, and internationally. The company offers high speed digital, advanced high density interconnection, high layer count multilayer, heavy copper, and high frequency PCBs, as well as PCBs with component cooling for thermal management.

Full company description

Aspocomp Group Oyj manufactures and sells printed circuit boards (PCBs) in Finland, Europe, and internationally. The company offers high speed digital, advanced high density interconnection, high layer count multilayer, heavy copper, and high frequency PCBs, as well as PCBs with component cooling for thermal management. It also provides quick turn around, design support, logistics, and global supply services. The company's products are used in various applications in automotive, semiconductor industry, telecommunication, industrial electronics, security, and defense and aerospace sectors. Aspocomp Group Oyj was incorporated in 1999 and is headquartered in Espoo, Finland.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Aspocomp Group reported revenue of €38.2M in FY2025 versus €33.2M in FY2021, a compound +3.6%/yr. Reported net income was €414K in FY2025, compounding −33.4%/yr from FY2021.

Growth Quality 72/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
€38.2M
Latest YoY
+38.3%
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.
−0.8%
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.
+8.3%
Avg. growth/yr (26Y) 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.
−6.3%
Revenue +3.6%/yr
FY21 €33.2M
FY22 €39.1M
FY23 €32.3M
FY24 €27.6M
FY25 €38.2M
Net income −33.4%/yr
FY21 €2.1M
FY22 €3.5M
FY23 −€1.6M
FY24 −€3.5M
FY25 €414K

ACG1V screens 80% overvalued. Compare with Delta Electronics, Inc →

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Cite: Fair Value Calculator (2026). "Aspocomp Group Fair Value". https://www.fairvalue-calculator.com/stock/ACG1V

Peer Group

Electronic Components · 625 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 66 · Top 25%
Fair Value upside −80% · Bottom 25%
Return on assets 0% · Below median
Net margin (TTM) -0% · Bottom 25%
Operating margin (TTM) 2% · Below median
Revenue growth -6% · Below median
Debt / equity 0.14× · Higher than median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/B 2.45× · Pricier than median
P/S (TTM) 1.22× · Cheaper than median
P/FCF 25.9× · Pricier than 75% of peers
EV/EBITDA 33.4× · Pricier than 75% of peers
PEG 2.81× · Pricier 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 0
FUTURE 0 · sector 32
PAST 0 · sector 24
HEALTH 93 · sector 95
DIVIDEND 0 · sector 25

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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,880 TWD 515.23 TWD -73%
Hon Hai Precision Industry Co 2317 242.50 TWD 270.47 TWD +12%
Luxshare Precision Industry Co 002475 ¥62.14 ¥38.44 -38%
Samsung Electro-Mechanics Co 009150 1,260,000 KRW 166,421 KRW -87%
Elite Material Co 2383 4,990 TWD 714.36 TWD -86%
Yageo Corporation 2327 699.00 TWD 216.55 TWD -69%
Shengyi Technology Co 600183 ¥132.29 ¥27.45 -79%
Shennan Circuits Co 002916 ¥364.00 ¥93.50 -74%
Victory Giant Technology (HuiZhou) Co 2476 HK$297.00 HK$103.98 -65%
Wus Printed Circuit (Kunshan) Co 002463 ¥127.80 ¥31.95 -75%

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Frequently asked questions

Is Aspocomp Group (ACG1V) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of €1.10 versus a price of €5.44, about −80% (overvalued).
What is the fair value of ACG1V?
Our model-based fair value for Aspocomp Group is €1.10 (as of Jul 16, 2026), built from audited fundamentals. The current price is €5.44.
What is the quality score of ACG1V?
Aspocomp Group has a Quality Score of 66/100. 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 Aspocomp Group (ACG1V)?
Aspocomp Group reported trailing-twelve-month revenue of about €37.5M (latest available figure, as of Jul 16, 2026).
What is the net profit margin of ACG1V?
The net profit margin of Aspocomp Group is about -0.3%, 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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