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eEducation Albert AB (ALBERT) Fair Value & Analysis

Technology · SE · Market cap 112M SEK

EA eEducation Albert AB ALBERT · ST
Pricekr 4.84
Fair Valuekr 2.04
Upside-57.9%
Quality42/100
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Mixed Growth
Loss-making · -31.0% net margin
Low debt · generates free cash flow
Trails peers (3/11)
Narrow moat 10/100
Evidence: Low Range kr 1.89 – kr 2.20 Share as image

Fair value as of: Jul 17, 2026

From 6 valuation models · updated 24 days ago

Share price +6.6% over the past month.

Below-average quality, and screening another 58% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 2.20). The favourable scenario is already priced in.
  • Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

kr 56.00 kr 2.29 Fair Value kr 2.04 Oct 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

58‑month range kr 2.29 – kr 56.00 · fair‑value band kr 1.89 – kr 2.20 · the kr 4.84 price screens above the kr 2.04 fair value. Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

eEducation Albert AB (ALBERT) currently trades at kr 4.84, while our model-based Fair Value estimate is kr 2.04, implying the stock looks roughly 57.9% overvalued today. The Quality Score stands at 42/100 (below-average 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: low).

Over the trailing twelve months, eEducation Albert AB generated revenue of 180M SEK at a net margin of -31.0%. Revenue declined 19.4% year over year. It earns a return on equity of -93.3%. The balance sheet holds a net cash position of 38.7M SEK. Fundamentals as of Jul 17, 2026

Our scenario range runs from kr 1.89 (bear case) to kr 2.20 (bull case); at kr 4.84, 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 39% below its 52-week high and 86% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -27% fair-value upside, at -58%, ALBERT 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 kr 2.04 kr 2.30 kr 2.72 80
NCAV (Graham) kr 0.9000 kr 1.21 kr 1.81 50
EV/Revenue kr 1.96 kr 2.11 kr 2.27 43
All 6 models by family
DCF Models
FCF DCF kr 2.07 kr 2.25 kr 2.79 38
5Y Revenue Exit kr 2.02 kr 2.29 kr 2.87 39
10Y Revenue Exit kr 2.02 kr 2.45 kr 2.71 36
Multiples
EV/Revenue kr 1.96 kr 2.11 kr 2.27 43
Asset-Based
NCAV (Graham) kr 0.9000 kr 1.21 kr 1.81 50
Growth DCF
Growth DCF kr 2.04 kr 2.30 kr 2.72 80

Widest divergence: Growth DCF (kr 2.30) versus Asset-Based (kr 1.21). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 180M SEK
Revenue growth (YoY) -19.4%
Net margin -31.0%
Return on equity -93.3%
Free cash flow 974K SEK FY2025
Operating margin -45.3%
More key figures
EPS (TTM) kr -2.21
Net cash 38.7M SEK FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 43 · Market factors (momentum, volatility) 58

Profitability 19
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 16
Earnings quality: real cash, not paper profit
Fin. Strength 60
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 59
Price trend over the last 3–12 months (market factor)
52W Momentum 67
Distance to the 52-week high (market factor)
Net Issuance 40
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

eEducation Albert AB (publ) develops and markets digital educational services on a subscription basis to private individuals and schools in Sweden and internationally.

Full company description

eEducation Albert AB (publ) develops and markets digital educational services on a subscription basis to private individuals and schools in Sweden and internationally. It offers Albert Junior for foundational and early-years learning in mathematics; Albert Teen, an educational platform for continued mathematics support for older learners; Sumdog, a U.K.-based mathematics learning platform; Swedish Film, a platform that provides educational films and film rights to the Swedish market; and Jaramba and Holy Owly, which offer complementary learning experiences for younger users. The company was incorporated in 2015 and is headquartered in Gothenburg, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

eEducation Albert AB reported revenue of kr 161M in FY2025 versus kr 62.6M in FY2021, a compound +26.7%/yr. Reported net income was −kr 62.6M in FY2025.

Growth Quality 56/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
161M SEK
Latest YoY
−9.4%
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.
+9.4%
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.
+46.5%
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.
+62.4%
Revenue +26.7%/yr
FY21 kr 62.6M
FY22 kr 123M
FY23 kr 178M
FY24 kr 178M
FY25 kr 161M
Net income
FY21 −kr 57.4M
FY22 −kr 97.7M
FY23 −kr 79.9M
FY24 −kr 105M
FY25 −kr 62.6M

ALBERT screens 58% overvalued. Compare with SAP SE →

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Cite: Fair Value Calculator (2026). "eEducation Albert AB Fair Value". https://www.fairvalue-calculator.com/stock/ALBERT

Peer Group

Software - Application · 709 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 42 · Below median
Fair Value upside −58% · Below median
Return on assets -22% · Bottom 25%
Net margin (TTM) -31% · Bottom 25%
Operating margin (TTM) -45% · Bottom 25%
Revenue growth -19% · Bottom 25%
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Software - Application median · lower = cheaper

P/B 0.26× · Cheaper than 75% of peers
P/S (TTM) 0.07× · Cheaper than 75% of peers
P/FCF 12.1× · Pricier than median

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 38
PAST 0 · sector 13
HEALTH 98 · sector 98
DIVIDEND 0 · sector 28

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 Software - Application stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

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Uber Technologies, Inc UBER $72.67 $51.11 -30%
Salesforce, Inc CRM $170.77 $182.10 +7%
ServiceNow, Inc NOW $107.71 $33.12 -69%
Cadence Design Systems, Inc CDNS $384.17 $80.41 -79%
Snowflake Inc SNOW $271.87 $34.04 -87%
Adobe Inc ADBE $230.61 $379.48 +65%
Automatic Data Processing, Inc ADP $241.92 $177.51 -27%
Intuit Inc INTU $291.09 $258.69 -11%

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Frequently asked questions

Is eEducation Albert AB (ALBERT) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of kr 2.04 versus a price of kr 4.84, about −58% (overvalued).
What is the fair value of ALBERT?
Our model-based fair value for eEducation Albert AB is kr 2.04 (as of Jul 17, 2026), built from audited fundamentals. The current price is kr 4.84.
What is the quality score of ALBERT?
eEducation Albert AB has a Quality Score of 42/100. 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 eEducation Albert AB (ALBERT)?
eEducation Albert AB reported trailing-twelve-month revenue of about 180M SEK (latest available figure, as of Jul 17, 2026).
What is the net profit margin of ALBERT?
The net profit margin of eEducation Albert AB is about -31.0%, 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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