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Scandinavian Astor Group (ASTOR) Fair Value & Analysis

Industrials · SE · Market cap 690M SEK

SA Scandinavian Astor Group ASTOR · ST
Pricekr 20.49
Fair Valuekr 9.25
Upside-54.9%
Quality22/100
Expensive Growth
Solidly profitable · 10.8% net margin
Low debt · negative free cash flow
Ranks above peers (10/12)
Moderate moat 45/100
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Evidence: Medium Range kr 6.94 – kr 11.55 Share as image

Fair value as of: Jul 19, 2026

From 14 valuation models · updated 12 days ago

Share price +13.5% over the past month.

What matters now

  • The price sits above even our optimistic bull case (kr 11.55). The favourable scenario is already priced in.
  • Weak quality (22/100) and above fair value at the same time, the margin of safety is missing on both counts.

Price vs Fair Value (12 months)

kr 37.60 kr 16.70 Fair Value kr 9.25 Jul 2025 Jul 2026

12‑month range kr 16.70 – kr 37.60 · fair‑value band kr 6.94 – kr 11.55 · the kr 20.49 price screens above the kr 9.25 fair value. As of Jul 19, 2026.

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Analysis

Scandinavian Astor Group (ASTOR) currently trades at kr 20.49, while our model-based Fair Value estimate is kr 9.25, implying the stock looks roughly 54.9% overvalued today. We read business quality at 22/100 (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: medium).

Over the trailing twelve months, Scandinavian Astor Group generated revenue of 489M SEK at a net margin of 10.8%. Revenue grew 74.1% year over year. It earns a return on equity of 10.4%. Net debt stands at 31.1M SEK. Fundamentals as of Jul 19, 2026

Our scenario range runs from kr 6.94 (bear case) to kr 11.55 (bull case); at kr 20.49, the current price sits above that range. The share trades about 55% below its 52-week high and 26% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -42% fair-value upside, at -55%, ASTOR screens richer than that median.

Key figures & financial health

Revenue (TTM) 489M SEK
Revenue growth (YoY) +74.1%
Net margin 10.8%
Return on equity 10.4%
Free cash flow −33.6M SEK FY2025
P/E ratio 12.0
More key figures
Operating margin 8.0%
EPS (TTM) kr 0.9200
EPS growth (YoY) +667%
Net debt 31.1M SEK FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 22/100
Profitability 27
Quality Growth 57
Cashflow 14
Fin. Strength 66
Investment 9
Low Volatility 9
Momentum 21
52W Momentum 10
Net Issuance 0

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

Scandinavian Astor Group AB (publ) produces and develops solutions to defense and industrial sectors in Europe, Africa, the Middle East, the Americas, and Asia. The company operates through Astor Tech, Astor Industry, and Astor Protect segments.

Full company description

Scandinavian Astor Group AB (publ) produces and develops solutions to defense and industrial sectors in Europe, Africa, the Middle East, the Americas, and Asia. The company operates through Astor Tech, Astor Industry, and Astor Protect segments. The Astor Industry segment manufactures composite and metal components for the defense industry and civilian markets, including die casting, composite and carbon fiber, as well as metalworking through etching and laser cutting; and components for defense material, maritime products, ammunition, transport equipment, and special equipment. The Astor Protect segment offers systems and products in the defense and security industries, such as electronic warfare systems and flash X-ray systems, as well as security and survival solutions for critical environments. The Astor Tech segment develops and delivers advanced systems solutions in electromagnetic warfare, stealth and stealth vehicles for military underwater operations and flash X-ray systems. Scandinavian Astor Group AB (publ) was incorporated in 2021 and is headquartered in Kista, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Scandinavian Astor Group reported revenue of kr 433M in FY2025 versus kr 7.7M in FY2021, a compound +174.2%/yr. Reported net income was kr 39.8M in FY2025.

Revenue +174.2%/yr
FY21 kr 7.7M
FY22 kr 52.8M
FY23 kr 83.0M
FY24 kr 223M
FY25 kr 433M
Net income
FY21 −kr 17.0M
FY22 −kr 10.1M
FY23 −kr 5.5M
FY24 kr 411K
FY25 kr 39.8M

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Cite: Fair Value Calculator (2026). "Scandinavian Astor Group Fair Value". https://www.fairvalue-calculator.com/stock/ASTOR.ST

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 / 0
FUTURE 100 / 47
PAST 42 / 33
HEALTH 95 / 93
DIVIDEND 0 / 15

Insider activity: 40/100

Values & ESG

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

Weapons Defense

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

Similar stocks

10 more Aerospace & Defense stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
General Electric Company GE $318.71 $154.19 -52%
RTX Corporation 5UR €159.35 €92.94 -42%
Airbus SE 1AIR €206.30 €92.85 -55%
The Boeing Company BA C$37.56 C$10.09 -73%
Safran SA SAFRY $93.44 $57.63 -38%
Rolls-Royce Holdings RRU €14.22 €11.22 -21%
Lockheed Martin Corporation LMT 8,857 MXN 6,834 MXN -23%
General Dynamics Corporation GDBR34 R$1,729 R$1,543 -11%
Northrop Grumman Corporation NOCG34 R$524.00 R$78.85 -85%
TransDigm Group T1DG34 R$124.79 R$43.03 -66%

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Frequently asked questions

Is Scandinavian Astor Group (ASTOR) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of kr 9.25 versus a price of kr 20.49, about −55% (overvalued).
What is the fair value of ASTOR?
Our model-based fair value for Scandinavian Astor Group is kr 9.25 (as of Jul 19, 2026), built from audited fundamentals. The current price is kr 20.49.
What is the quality score of ASTOR?
Scandinavian Astor Group has a Quality Score of 22/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Scandinavian Astor Group (ASTOR)?
Scandinavian Astor Group reported trailing-twelve-month revenue of about 489M SEK (latest available figure, as of Jul 19, 2026).
What is the net profit margin of ASTOR?
The net profit margin of Scandinavian Astor Group is about 10.8%, meaning it keeps roughly 10.8% of revenue as net income. 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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