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Cheffelo AB (CHEF) Fair Value & Analysis

Consumer Defensive · SE · Market cap 1.6B SEK

CA Cheffelo AB CHEF · ST
Pricekr 121.20
Fair Valuekr 92.67
Upside-23.5%
Quality95/100
Evidence: High Range kr 69.50 – kr 115.84

Fair value as of: Jun 24, 2026

From 22 valuation models · updated 5 days ago

Share price +0.3% over the past month.

Price vs Fair Value (12 months)

kr 126.80 kr 41.88 Fair Value kr 92.67 Jun 2025 Jun 2026

12‑month range kr 41.88 – kr 126.80 · fair‑value band kr 69.50 – kr 115.84 · the kr 121.20 price screens above the kr 92.67 fair value. As of Jun 24, 2026.

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Analysis

Cheffelo AB (CHEF) currently trades at kr 121.20, while our model-based Fair Value estimate is kr 92.67 — implying the stock looks roughly 23.5% overvalued today. We read business quality at 95/100 (high quality), in the Consumer Defensive 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, Cheffelo AB generated revenue of 1.2B SEK at a net margin of 5.4%. Revenue grew 11.8% year over year. It earns a return on equity of 14.2%. The balance sheet holds a net cash position of 22.4M SEK. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 1.2B SEK
Revenue growth (YoY) +11.8%
Net margin 5.4%
Return on equity 14.2%
Free cash flow 123M SEK FY2025
P/E ratio 23.5
More key figures
Operating margin 9.5%
EPS (TTM) kr 5.18
Dividend yield 5.8%
EPS growth (YoY) +59.4%
Net cash 22.4M SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Cheffelo AB (publ) provides subscription-based meal kit solutions to various customers in Sweden, Norway, and Denmark. The company operates under the Linas Matkasse, Godtlevert, Adams Matkasse, and RetNemt brand names. The company was formerly known as LMK Group AB (publ) and changed its name to Cheffelo AB (publ) in October 2023. The company was founded in 2008 and is headquartered in Sundbyberg, Sweden.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cheffelo AB reported revenue of kr 1.2B in FY2025 versus kr 1.4B in FY2021, a compound −3.8%/yr. Reported net income was kr 57.5M in FY2025, compounding +34.9%/yr from FY2021.

Revenue −3.8%/yr
FY21 kr 1.4B
FY22 kr 1.1B
FY23 kr 1,000M
FY24 kr 1.1B
FY25 kr 1.2B
Net income +34.9%/yr
FY21 kr 17.4M
FY22 −kr 155M
FY23 kr 19.3M
FY24 kr 32.4M
FY25 kr 57.5M

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Similar stocks

6 more Food Distribution stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Sysco Corporation SYY $77.98 $60.42 -23%
US Foods Holding USFD $92.76 $54.78 -41%
Performance Food Group PFGC $104.39 $45.48 -56%
Jerónimo Martins, SGPS, S.A JRONF $23.70 $25.51 +8%
Bunzl plc BZLFY $16.36 $19.41 +19%
Bid Corporation BPPPF $25.49 $25.10 -2%

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Frequently asked questions

Is Cheffelo AB (CHEF) undervalued?
As of Jun 24, 2026, our model estimates a fair value of kr 92.67 versus a price of kr 121.20 — about −24% (overvalued). Model-based estimate, not financial advice.
What is the fair value of CHEF?
Our 21-model fair value for Cheffelo AB is kr 92.67 (as of Jun 24, 2026), built from audited fundamentals. The current price is kr 121.20.
What is the quality score of CHEF?
Cheffelo AB has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Cheffelo AB (CHEF)?
Cheffelo AB reported trailing-twelve-month revenue of about 1.2B SEK (latest available figure, as of Jun 24, 2026).
What is the net profit margin of CHEF?
The net profit margin of Cheffelo AB is about 5.4%, meaning it keeps roughly 5.4% of revenue as net income. Based on the latest reported figures.
Does Cheffelo AB pay a dividend?
Cheffelo AB currently shows a dividend yield of about 5.77% relative to its recent price (as of Jun 24, 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.

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