EN DE

Actic Group (ATIC) Fair Value & Analysis

Consumer Cyclical · SE · Market cap 677M SEK

AG Actic Group ATIC · ST
Pricekr 29.20
Fair Valuekr 41.06
Upside+40.6%
Quality56/100
Watch Actic Group for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Solidly profitable · 11.0% net margin
Moderate debt · generates free cash flow
Ranks above peers (10/13)
Moderate moat 63/100
Evidence: High Range kr 41.06 – kr 73.94 Share as image

Fair value as of: Jul 12, 2026

From 22 valuation models · updated 29 days ago

Share price −1.7% over the past month.

A solid business, screening 41% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (kr 41.06). The market is more pessimistic than our downside scenario.
  • Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (kr 41.06 to kr 73.94) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

kr 38.50 kr 3.28 Fair Value kr 41.06 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range kr 3.28 – kr 38.50 · fair‑value band kr 41.06 – kr 73.94 · the kr 29.20 price screens below the kr 41.06 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Actic Group (ATIC) currently trades at kr 29.20, while our model-based Fair Value estimate is kr 41.06, implying the stock looks roughly 40.6% undervalued today. The Quality Score stands at 56/100 (solid 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: high), always confirm before acting.

Over the trailing twelve months, Actic Group generated revenue of 743M SEK at a net margin of 11.0%. Revenue declined 6.5% year over year. It earns a return on equity of 39.0%. Net debt stands at 735M SEK. Fundamentals as of Jul 12, 2026

Our scenario range runs from kr 41.06 (bear case) to kr 73.94 (bull case); at kr 29.20, the current price sits below 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 27% below its 52-week high and 66% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 2% fair-value upside, at 41%, ATIC screens cheaper 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 51.87 kr 68.56 kr 94.41 80
Residual Income kr 20.29 kr 28.67 kr 192.48 76
Rev-Margin DCF kr 28.55 kr 39.88 kr 54.48 74
All 22 models by family
DCF Models
FCF DCF kr 50.00 kr 67.60 kr 97.13 38
Owner Earnings kr 65.27 kr 87.52 kr 124.83 31
5Y Revenue Exit kr 28.55 kr 38.36 kr 52.47 39
5Y EBITDA Exit kr 55.92 kr 85.67 kr 125.08 41
5Y P/E Exit kr 44.62 kr 66.14 kr 91.94 38
10Y Revenue Exit kr 37.26 kr 44.93 kr 52.52 36
10Y EBITDA Exit kr 52.91 kr 71.64 kr 91.41 37
10Y P/E Exit kr 46.65 kr 60.61 kr 73.66 35
Earnings-Based
Graham-Dodd kr 23.28 kr 28.45 kr 32.00 54
EPV kr 9.06 kr 11.38 kr 13.32 59
Multiples
P/E Multiple kr 56.48 kr 75.31 kr 94.13 63
P/S Multiple kr 27.49 kr 36.66 kr 45.82 58
P/B Multiple kr 30.79 kr 41.06 kr 51.32 55
EV/EBIT kr 23.97 kr 34.61 kr 45.26 53
EV/EBITDA kr 71.99 kr 98.65 kr 125.30 54
EV/Revenue kr 13.56 kr 22.78 kr 32.01 43
Asset-Based
NCAV (Graham) kr 5.13 kr 6.88 kr 10.26 50
Growth DCF
Growth DCF kr 51.87 kr 68.56 kr 94.41 80
Rev-Margin DCF kr 28.55 kr 39.88 kr 54.48 74
Economic Profit
Residual Income kr 20.29 kr 28.67 kr 192.48 76
ROIC Compounder kr 9.06 kr 11.51 kr 14.02 72
Growth Earnings
Growth-Adj P/E kr 39.81 kr 56.88 kr 73.94 68

Widest divergence: DCF Models (kr 66.14) versus Asset-Based (kr 6.88). Highest evidence: Growth DCF (80).

Notify me when ATIC reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 743M SEK
Revenue growth (YoY) -6.5%
Net margin 11.0%
Return on equity 39.0%
Free cash flow 163M SEK FY2025
P/E ratio 8.5
More key figures
Operating margin 12.2%
EPS (TTM) kr 3.52
EPS growth (YoY) +30.6%
Net debt 735M SEK FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 53 · Market factors (momentum, volatility) 35

Profitability 48
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 93
Earnings quality: real cash, not paper profit
Fin. Strength 16
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 43
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 31
Distance to the 52-week high (market factor)
Net Issuance 41
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

Actic Group AB (publ) operates gyms, swimming, and wellness facilities in Sweden, Norway, and Germany. The company offers stand-alone fitness clubs; outdoor training; and training in the gym, group training, and opportunities for digital training via Actic App, a training app.

Full company description

Actic Group AB (publ) operates gyms, swimming, and wellness facilities in Sweden, Norway, and Germany. The company offers stand-alone fitness clubs; outdoor training; and training in the gym, group training, and opportunities for digital training via Actic App, a training app. It also provides swimming training, aqua training, and water aerobics; group training sessions conducted both indoors and outdoors through gym and swimming pools; lectures on health and fitness, as well as digital business challenges; and training packages for corporate customers' employees. In addition, the company offers dietary supplements, such as energy bars and energy drinks, as well as training clothes through online store. Actic Group AB (publ) was founded in 1981 and is headquartered in Solna, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Actic Group reported revenue of kr 695M in FY2025 versus kr 629M in FY2021, a compound +2.5%/yr. Reported net income was kr 77.9M in FY2025.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
695M SEK
Latest YoY
+0.2%
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.
−2.5%
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.
−1.5%
Avg. growth/yr (13Y) 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.
+0.6%
Revenue +2.5%/yr
FY21 kr 629M
FY22 kr 750M
FY23 kr 678M
FY24 kr 694M
FY25 kr 695M
Net income
FY21 −kr 94.1M
FY22 −kr 36.3M
FY23 −kr 37.2M
FY24 −kr 8.8M
FY25 kr 77.9M

Watch ATIC: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

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

Peer Group

Leisure · 190 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 56 · Above median
Fair Value upside +41% · Top 25%
Return on equity (TTM) 39% · Top 25%
Return on assets 6% · Above median
Net margin (TTM) 11% · Top 25%
Operating margin (TTM) 12% · Above median
Revenue growth -7% · Below median
Debt / equity 1.16× · Higher than 75% of peers

Valuation Multiples vs Leisure median · lower = cheaper

P/E (TTM) 8.5× · Cheaper than 75% of peers
P/B 2.90× · Pricier than median
P/S (TTM) 0.91× · Cheaper than median
P/FCF 0.4× · Cheaper than 75% of peers
EV/EBITDA 5.6× · Cheaper 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 87 · sector 14
FUTURE 0 · sector 18
PAST 100 · sector 19
HEALTH 42 · sector 94
DIVIDEND 0 · sector 51

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 Leisure stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
ANTA Sports Products Limited 2020 HK$74.15 HK$119.29 +61%
Pop Mart International Group 9992 HK$160.20 HK$227.30 +42%
Amer Sports, Inc AS $36.44 $16.16 -56%
Hasbro, Inc HAS $81.55 $83.38 +2%
Life Time Group LTH $42.15 $16.15 -62%
Acushnet Holdings GOLF $114.78 $37.79 -67%
Li Ning Company 2331 HK$14.80 HK$29.26 +98%
Benefit Systems S.A BFT 5,255 PLN 3,714 PLN -29%
Ninebot Limited 689009 ¥37.82 ¥39.17 +4%
Asmodee Group ASMDEEB kr 145.70 kr 41.90 -71%

Compare Actic Group with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Actic Group (ATIC) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of kr 41.06 versus a price of kr 29.20, about +41% (undervalued).
What is the fair value of ATIC?
Our model-based fair value for Actic Group is kr 41.06 (as of Jul 12, 2026), built from audited fundamentals. The current price is kr 29.20.
What is the quality score of ATIC?
Actic Group has a Quality Score of 56/100. 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 Actic Group (ATIC)?
Actic Group reported trailing-twelve-month revenue of about 743M SEK (latest available figure, as of Jul 12, 2026).
What is the net profit margin of ATIC?
The net profit margin of Actic Group is about 11.0%, meaning it keeps roughly 11.0% 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.

14 days Pro free · no card

Track Actic Group and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.