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Articore Group (ATG) Fair Value & Analysis

Consumer Cyclical · AU · Market cap A$76.5M

AG Articore Group ATG · AU
PriceA$0.2650
Fair ValueA$0.3500
Upside+32.1%
Quality95/100
Evidence: Low Range A$0.2800 – A$0.4200

Fair value as of: Jun 25, 2026

From 4 valuation models · updated 4 days ago

Fair value updated Jun 25, 2026 — revised from A$0.6000 to A$0.3500 (−41.7%) since Jun 24, 2026.

Price vs Fair Value (12 months)

A$0.4105 A$0.1975 Fair Value A$0.3500 Jun 2025 Jun 2026

12‑month range A$0.1975 – A$0.4105 · fair‑value band A$0.2800 – A$0.4200 · the A$0.2650 price screens below the A$0.3500 fair value. As of Jun 25, 2026.

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Analysis

Articore Group (ATG) currently trades at A$0.2650, while our model-based Fair Value estimate is A$0.3500 — implying the stock looks roughly 32.1% undervalued today. We read business quality at 95/100 (high quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Over the trailing twelve months, Articore Group generated revenue of A$426M at a net margin of 0.8%. Revenue declined 4.8% year over year. It earns a return on equity of 5.8%. The balance sheet holds a net cash position of A$21.8M. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) A$426M
Revenue growth (YoY) -4.8%
Net margin 0.8%
Return on equity 5.8%
Free cash flow −A$4.6M FY2025
P/E ratio 25.0
More key figures
Operating margin 4.6%
EPS (TTM) A$0.0100
Net cash A$21.8M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

Articore Group Limited owns and operates online platforms that facilitates design and sale of products printed with the artwork in Australia, the United States, the United Kingdom, and internationally. The company operates through Redbubble and TeePublic segments. It offers apparel, stationery, housewares, bags, and wall art products. The company also engages in the payment processing facilitation activities. It provides its services through Redbubble.com, TeePublic.com, and Dashery.com websites. The company was formerly known as Redbubble Limited and changed its name to Articore Group Limited in October 2023. Articore Group Limited was incorporated in 2006 and is based in Docklands, Australia.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Articore Group reported revenue of A$439M in FY2025 versus A$657M in FY2021, a compound −9.6%/yr. Reported net income was −A$11.3M in FY2025.

Revenue −9.6%/yr
FY21 A$657M
FY22 A$573M
FY23 A$555M
FY24 A$493M
FY25 A$439M
Net income
FY21 A$31.2M
FY22 −A$24.6M
FY23 −A$54.2M
FY24 −A$8.8M
FY25 −A$11.3M

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Frequently asked questions

Is Articore Group (ATG) undervalued?
As of Jun 25, 2026, our model estimates a fair value of A$0.3500 versus a price of A$0.2650 — about +32% (undervalued). Model-based estimate, not financial advice.
What is the fair value of ATG?
Our 21-model fair value for Articore Group is A$0.3500 (as of Jun 25, 2026), built from audited fundamentals. The current price is A$0.2650.
What is the quality score of ATG?
Articore Group has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Articore Group (ATG)?
Articore Group reported trailing-twelve-month revenue of about A$426M (latest available figure, as of Jun 25, 2026).
What is the net profit margin of ATG?
The net profit margin of Articore Group is about 0.8%, meaning it keeps roughly 0.8% 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.

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