Copenhagen Capital A/S (CPHCAP-ST) fair value: what the stock is really worth
As of Oct 19, 2026: fair value (intrinsic value) of Copenhagen Capital A/S stock DKK 5.36, price DKK 7.85, upside -31.7%, quality 67 out of 100. Rating: overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range kr 4.32 – kr 9.49 · fair‑value band kr 5.36 – kr 18.45 · the kr 7.85 price screens above the kr 5.36 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Oct 3, 2026.
Follow Copenhagen Capital A/S in your weekly email
Every Wednesday you see whether Copenhagen Capital A/S is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Copenhagen Capital A/S is a real estate investment firm. The firm seeks to make direct and indirect investments based on thorough analyses of the property's location and condition. It primarily focuses to invest in the Greater Copenhagen area. Copenhagen Capital A/S is based in Hellerup, Denmark.
Stock analysis
Copenhagen Capital A/S (CPHCAP-ST) currently trades at kr 7.85, while our model-based Fair Value estimate is kr 5.36, 31.7% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Economic Profit group reads highest at a median of kr 13.53 per share, and 4 of the 12 models we run sit above the kr 7.85 price.
Bear case: the Dividend Discount group reads lowest at kr 1.86, and 8 of the 12 models stay below the price. Data coverage for this calculation is high.
Scenario range: kr 5.36 (bear) to kr 18.45 (bull), the price of kr 7.85 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 67/100 (solid quality), in the Real Estate sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Copenhagen Capital A/S reported revenue of 58.4M DKK in FY2025 versus 36.1M DKK in FY2021, a compound +12.8%/yr. Reported net income was 84.2M DKK in FY2025, compounding −13.9%/yr from FY2021.
Key figures
Market cap 382M DKK (≈ $57.4M) Micro · P/E ratio 4.4 · P/S ratio 6.36 · EPS (TTM) kr 1.78 · Dividend yield 0.6% · Net margin 144% · Return on equity 22.3% · Return on assets (EBIT) 2.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 49 out of 100 (low confidence).
What moves the price
The share trades about 1% below its 52-week high and 22% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −10% fair-value upside, at −32%, CPHCAP-ST screens richer than that median.
Fair Value models
Bearkr 5.36Fair Value kr 5.36Bullkr 18.45
Price kr 7.85 · Upside -31.7%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (kr 1.39 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.71/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+17.7%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+10.7%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+9.0%
Start year 2020 (pandemic). Over 10 years: +24.6% a year
Revenue growth 17 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+10.6%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+3.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+2.7%
Dividend (yield on the price)0.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.2.7% vs 12.3%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.56% → 69%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+22.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Denmark: IMF forecast 2.1% a year to 2030, 2.0% from 2016 to 2025) that is about +20.1% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Real Estate Services · 519 stocks
Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score67 · Top 25%
Fair Value upside−31.7% · Below median
Profitability
Return on equity (12 months)22.3% · Top 25%
Return on assets5.8% · Top 25%
Net margin (12 months)181.1% · Top 25%
Operating margin (12 months)74.6% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)34.3% · Top 25%
Dividend yield (12 months)0.6% · Bottom 25%
Balance sheet
Debt / equity1.22× · Highest 25%
Valuation Multiplesvs Real Estate Services median · lower = cheaper
P/E (12 months)4.4× · Cheapest 25%
P/B0.66× · Cheaper than median
P/S (12 months)5.67× · Pricier than median
Price / free cash flow11.6× · Cheaper than median
EV/EBITDA22.2× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 45
FUTURE (revenue growth)100· sector 17
PAST (return on equity)89· sector 17
HEALTH (low debt)39· sector 83
DIVIDEND (yield)13· sector 65
VALUE 0: the price sits above our fair-value range.
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). "Copenhagen Capital A/S Fair Value". https://www.fairvalue-calculator.com/stock/CPHCAP-ST
Frequently asked questions
Is Copenhagen Capital A/S (CPHCAP-ST) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of kr 5.36 versus a price of kr 7.85, about −32% upside (overvalued).
What is the fair value of CPHCAP-ST?
Our model-based fair value for Copenhagen Capital A/S is kr 5.36 (as of Oct 3, 2026), built from audited fundamentals. The current price: kr 7.85.
What is the quality score of CPHCAP-ST?
Copenhagen Capital A/S has a Quality Score of 67/100. 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 price target for Copenhagen Capital A/S (CPHCAP-ST)?
Our model-based price target is the fair value of kr 5.36 (as of Oct 3, 2026) from 15 valuation models. Cautious scenario kr 5.36, optimistic scenario kr 18.45. It is a calculation from audited fundamentals, not an analyst target.
What is the Copenhagen Capital A/S stock forecast for 2026?
Our models put fair value at kr 5.36, about −32% upside versus a price of kr 7.85 (overvalued). Cautious scenario kr 5.36, optimistic scenario kr 18.45. The calculation is refreshed regularly with new filings.
What is the revenue of Copenhagen Capital A/S (CPHCAP-ST)?
Copenhagen Capital A/S reported trailing-twelve-month revenue of about 67.5M DKK (latest available figure, as of Oct 3, 2026).
Does Copenhagen Capital A/S pay a dividend?
Copenhagen Capital A/S currently shows a dividend yield of 0.64% relative to its recent price (as of Oct 3, 2026).
What growth is priced into Copenhagen Capital A/S (CPHCAP-ST)?
For today's price to be fair in a discounted-cash-flow model, Copenhagen Capital A/S would have to grow free cash flow by +22.6 % per year for five years (discount rate 11.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +9.0 % per year. As of Oct 3, 2026.
What discount rate (WACC) does the fair value of CPHCAP-ST use?
Our models discount Copenhagen Capital A/S at 11.0 %: a base by market capitalisation (micro), damped by beta 0.20, country premium for Denmark. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Copenhagen Capital A/S that is +22.6 % per year a year over ten years, using the same discount rate (11.0 %) and the same formula as our fair value.
How much growth has Copenhagen Capital A/S (CPHCAP-ST) delivered so far?
Over the past 5 years revenue at Copenhagen Capital A/S grew +9.0 % a year. The price currently implies +22.6 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Copenhagen Capital A/S (CPHCAP-ST) growing?
The median revenue growth in the sector is +2.3 % a year. That is the yardstick for the growth priced into Copenhagen Capital A/S (+22.6 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Copenhagen Capital A/S (CPHCAP-ST)?
The free-cash-flow yield on the price is 8.66 %: that much free cash flow Copenhagen Capital A/S produces per unit of market value. When it exceeds the discount rate of our models (11.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Copenhagen Capital A/S (CPHCAP-ST)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Copenhagen Capital A/S it is kr 5.36 per share (as of Oct 3, 2026), against a price of kr 7.85. It is the blended result of 15 valuation models (cash flow, earnings, asset, dividend).
Is Copenhagen Capital A/S stock overvalued or undervalued in 2026?
As of Oct 3, 2026, CPHCAP-ST trades above its calculated fair value: price kr 7.85, fair value kr 5.36, a gap of about −32% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CPHCAP-ST?
No. The price is what the market pays today (kr 7.85); the fair value is what the company's own numbers justify (kr 5.36). For Copenhagen Capital A/S the two are kr 2.49 per share apart. That gap is exactly why we show both numbers side by side.
How much is Copenhagen Capital A/S worth?
The market values Copenhagen Capital A/S at about 382M DKK (market capitalisation, as of Oct 3, 2026). Per share that is kr 7.85; our models calculate a fair value of kr 5.36 per share.
What do the bullish and bearish scenarios say about CPHCAP-ST?
Our models span a range for Copenhagen Capital A/S: cautious scenario kr 5.36, base kr 5.36, optimistic kr 18.45 per share (as of Oct 3, 2026, price kr 7.85). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CPHCAP-ST?
Copenhagen Capital A/S trades at a price-to-earnings ratio of 4.4 (as of Oct 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of kr 5.36 is built from several models across several years. Other multiples: P/B 0.7, P/S 5.7, EV/EBITDA 22.2.
How solid is the balance sheet of Copenhagen Capital A/S (CPHCAP-ST)?
Balance-sheet figures for Copenhagen Capital A/S (as of Oct 3, 2026): return on equity 22.3%, debt of 1.22 per unit of equity. They feed the Quality Score of 67/100, which measures business quality independently of the share price.
How far is CPHCAP-ST from its 52-week high?
Copenhagen Capital A/S trades at kr 7.85, about 1% below its 52-week high of kr 7.95 and 22% above the low of kr 6.46 (as of Oct 19, 2026). Distance from the high says nothing about value: that is what the fair value of kr 5.36 is for.
Which stocks are comparable to Copenhagen Capital A/S?
From the same area (Real Estate) we also value CBRE Group, KE Holdings, Swire Properties Limited, Cellnex Telecom, S.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Copenhagen Capital A/S stock attractive at the current price?
The data as of Oct 3, 2026: price kr 7.85, calculated fair value kr 5.36 (−32%), Quality Score 67/100, from 15 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CPHCAP-ST calculated?
We run Copenhagen Capital A/S through 15 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of kr 5.36, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.9 % above its aggregate fair value. Copenhagen Capital A/S itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Copenhagen Capital A/S (CPHCAP-ST)?
The closing price on Oct 19, 2026 was kr 7.85. Our model-based fair value is kr 5.36, about −32% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Copenhagen Capital A/S right now?
The model range is unusually wide (kr 5.36 to kr 18.45). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Where does the earnings growth of Copenhagen Capital A/S (CPHCAP-ST) come from?
Earnings per share at Copenhagen Capital A/S grew +7.1 % a year from 2014 to 2025. Broken into its drivers: revenue per share +12.0 %, EBIT margin −3.4 %, tax rate −1.9 %, residual (interest, one-offs) +0.9 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Copenhagen Capital A/S
How large is the market capitalisation of Copenhagen Capital A/S (CPHCAP-ST)?
The market capitalisation of Copenhagen Capital A/S is 382M DKK (≈ $57.4M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Copenhagen Capital A/S (CPHCAP-ST)?
The price-to-sales ratio of Copenhagen Capital A/S is 6.36 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Copenhagen Capital A/S (CPHCAP-ST)?
Earnings per share at Copenhagen Capital A/S are kr 1.78 (price ÷ EPS = P/E 4.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Copenhagen Capital A/S (CPHCAP-ST)?
The dividend yield of Copenhagen Capital A/S is 0.6% (payout 2.8%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Copenhagen Capital A/S (CPHCAP-ST)?
The net margin of Copenhagen Capital A/S is 144% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Copenhagen Capital A/S (CPHCAP-ST)?
The return on equity (ROE) of Copenhagen Capital A/S is 22.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Copenhagen Capital A/S (CPHCAP-ST)?
On an EBIT basis the return on assets of Copenhagen Capital A/S is 2.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Copenhagen Capital A/S (CPHCAP-ST)?
The operating margin of Copenhagen Capital A/S is 74.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Copenhagen Capital A/S (CPHCAP-ST)?
Revenue at Copenhagen Capital A/S is growing +34.3% versus a year earlier (3y avg +10.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Copenhagen Capital A/S (CPHCAP-ST)?
Earnings per share at Copenhagen Capital A/S are growing +333% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Copenhagen Capital A/S (CPHCAP-ST) carry?
The net debt of Copenhagen Capital A/S is 723M DKK (fiscal year 2025, ≈ 21.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Copenhagen Capital A/S in the live analysis
One click puts Copenhagen Capital A/S on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 28,000+ stock screener.
Broad data
Oct 3, 2026