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BTS Group (BTS-B) Fair Value & Analysis

Industrials · SE · Market cap 3.4B SEK

BG BTS Group BTS-B · ST
Pricekr 184.40
Fair Valuekr 150.07
Upside-18.6%
Quality53/100
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Evidence: High Range kr 112.55 – kr 187.58 📤 Share as image

Fair value as of: Jul 12, 2026

From 24 valuation models · updated 9 days ago

Fair value updated Jul 12, 2026, revised from kr 152.49 to kr 150.07 (−1.6%) since Jun 24, 2026. Share price +9.8% over the past month.

Price vs Fair Value (12 months)

kr 231.12 kr 105.17 Fair Value kr 150.07 Jul 2025 Jul 2026

12‑month range kr 105.17 – kr 231.12 · fair‑value band kr 112.55 – kr 187.58 · the kr 184.40 price screens above the kr 150.07 fair value. As of Jul 12, 2026.

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Analysis

BTS Group (BTS-B) currently trades at kr 184.40, while our model-based Fair Value estimate is kr 150.07, implying the stock looks roughly 18.6% overvalued today. We read business quality at 53/100 (solid 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: high).

Over the trailing twelve months, BTS Group generated revenue of 2.7B SEK at a net margin of 5.1%. Revenue declined 7.0% year over year. It earns a return on equity of 8.7%. The balance sheet holds a net cash position of 46.1M SEK. Fundamentals as of Jul 12, 2026

Our scenario range runs from kr 112.55 (bear case) to kr 187.58 (bull case); at kr 184.40, the current price sits within that range. The share trades about 21% below its 52-week high and 76% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -9% fair-value upside, at -19%, BTS-B screens richer than that median.

Key figures & financial health

Revenue (TTM) 2.7B SEK
Revenue growth (YoY) -7.0%
Net margin 5.1%
Return on equity 8.7%
Free cash flow 154M SEK FY2025
P/E ratio 25.9
More key figures
Operating margin 7.5%
EPS (TTM) kr 6.98
Dividend yield 2.4%
EPS growth (YoY) +7.3%
Net cash 46.1M SEK FY2025

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

About the company

BTS Group AB (publ) operates as a professional services firm in North America, Europe, Latin America, Africa, the Middle East, and internationally. The company offers strategy execution; leadership development; sales and marketing; and talent insights and assessment. It also provides AI and innovation; business simulation; change and transform; coaching; executive and team performance; custom digital learning; and diversity equity inclusion related services. BTS Group AB (publ) was founded in 1986 and is headquartered in Stockholm, Sweden.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

BTS Group reported revenue of kr 2.7B in FY2025 versus kr 1.9B in FY2021, a compound +9.0%/yr. Reported net income was kr 133M in FY2025, compounding −11.4%/yr from FY2021.

Revenue +9.0%/yr
FY21 kr 1.9B
FY22 kr 2.5B
FY23 kr 2.7B
FY24 kr 2.8B
FY25 kr 2.7B
Net income −11.4%/yr
FY21 kr 215M
FY22 kr 198M
FY23 kr 215M
FY24 kr 387M
FY25 kr 133M

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

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Frequently asked questions

Is BTS Group (BTS-B) undervalued?
As of Jul 12, 2026, our model estimates a fair value of kr 150.07 versus a price of kr 184.40, about −19% (overvalued). Model-based estimate, not financial advice.
What is the fair value of BTS-B?
Our model-based fair value for BTS Group is kr 150.07 (as of Jul 12, 2026), built from audited fundamentals. The current price is kr 184.40.
What is the quality score of BTS-B?
BTS Group has a Quality Score of 53/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of BTS Group (BTS-B)?
BTS Group reported trailing-twelve-month revenue of about 2.7B SEK (latest available figure, as of Jul 12, 2026).
What is the net profit margin of BTS-B?
The net profit margin of BTS Group is about 5.1%, meaning it keeps roughly 5.1% of revenue as net income. Based on the latest reported figures.
Does BTS Group pay a dividend?
BTS Group currently shows a dividend yield of about 2.37% relative to its recent price (as of Jul 12, 2026).

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