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Cyviz AS (CYVIZ) Fair Value & Analysis

Technology · NO · Market cap 326M NOK

CA Cyviz AS CYVIZ · OL
Pricekr 24.80
Fair Valuekr 17.45
Upside-29.6%
Quality41/100
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Expensive Growth
Loss-making · -5.2% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/10)
Narrow moat 12/100
Evidence: Low Range kr 11.94 – kr 22.96 Share as image

Fair value as of: Jul 16, 2026

From 6 valuation models · updated 25 days ago

Fair value updated Jul 16, 2026, revised from kr 23.27 to kr 17.45 (−25.0%) since Jun 24, 2026. Share price −0.4% over the past month.

Below-average quality, and screening another 30% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 22.96). The favourable scenario is already priced in.
  • Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (kr 11.94 to kr 22.96) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

kr 57.50 kr 23.80 Fair Value kr 17.45 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range kr 23.80 – kr 57.50 · fair‑value band kr 11.94 – kr 22.96 · the kr 24.80 price screens above the kr 17.45 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

Full chart & analysis →

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Analysis

Cyviz AS (CYVIZ) currently trades at kr 24.80, while our model-based Fair Value estimate is kr 17.45, implying the stock looks roughly 29.6% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Technology 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: low).

Over the trailing twelve months, Cyviz AS generated revenue of 536M NOK at a net margin of -5.2%. Revenue declined 20.9% year over year. It earns a return on equity of -29.9%. Net debt stands at 59.6M NOK. Fundamentals as of Jul 16, 2026

Our scenario range runs from kr 11.94 (bear case) to kr 22.96 (bull case); at kr 24.80, the current price sits above 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 40% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at -30%, CYVIZ 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (kr 1.62 to kr 22.81). Read the values as a conservative anchor, not as a price target.
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
ROIC Compounder kr 1.52 kr 1.62 kr 1.71 72
EPV kr 1.52 kr 1.62 kr 1.71 59
EV/EBITDA kr 17.30 kr 22.81 kr 28.31 54
All 6 models by family
Earnings-Based
EPV kr 1.52 kr 1.62 kr 1.71 59
Multiples
EV/EBIT kr 2.17 kr 2.64 kr 3.10 53
EV/EBITDA kr 17.30 kr 22.81 kr 28.31 54
EV/Revenue kr 1.72 kr 2.12 kr 2.52 43
Asset-Based
NCAV (Graham) kr 3.87 kr 5.19 kr 7.75 50
Economic Profit
ROIC Compounder kr 1.52 kr 1.62 kr 1.71 72

Widest divergence: Asset-Based (kr 5.19) versus Earnings-Based (kr 1.62). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 536M NOK
Revenue growth (YoY) -20.9%
Net margin -5.2%
Return on equity -29.9%
Free cash flow −11.2M NOK FY2025
Operating margin -19.1%
More key figures
EPS (TTM) kr -2.15
EPS growth (YoY) -40.9%
Net debt 59.6M NOK FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 41 · Market factors (momentum, volatility) 30

Profitability 40
Margins and returns on capital today
Quality Growth 28
Are margins and returns improving?
Cashflow 12
Earnings quality: real cash, not paper profit
Fin. Strength 37
Balance sheet, leverage, solvency risk
Investment 77
Disciplined investing over empire-building
Low Volatility 85
Calm price path (market factor)
Momentum 7
Price trend over the last 3–12 months (market factor)
52W Momentum 6
Distance to the 52-week high (market factor)
Net Issuance 78
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

Cyviz AS operates as a technology provider for conference and control rooms and command and experience centers in Europe, the Middle East, the Asia Pacific, and North America. It offers Cyviz Software platform, an enterprise software platform for managing, monitoring, and controlling AV, IT, and IoT environments across locations and vendors.

Full company description

Cyviz AS operates as a technology provider for conference and control rooms and command and experience centers in Europe, the Middle East, the Asia Pacific, and North America. It offers Cyviz Software platform, an enterprise software platform for managing, monitoring, and controlling AV, IT, and IoT environments across locations and vendors. The company also provides solutions for command and control, corporate spaces, and innovation and envisioning. It serves solutions to various industries, including corporate and enterprise, defense, energy, technology, and government. Cyviz AS was incorporated in 1992 and is headquartered in Stavanger, Norway.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cyviz AS reported revenue of kr 564M in FY2025 versus kr 323M in FY2021, a compound +15.0%/yr. Reported net income was −kr 16.7M in FY2025.

Growth Quality 38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
564M NOK
Latest YoY
−5.2%
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.
+5.1%
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.
+21.0%
Avg. growth/yr (8Y) 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.
+10.2%
Revenue +15.0%/yr
FY21 kr 323M
FY22 kr 486M
FY23 kr 585M
FY24 kr 595M
FY25 kr 564M
Net income
FY21 −kr 29.8M
FY22 −kr 19.4M
FY23 kr 3.7M
FY24 kr 18.7M
FY25 −kr 16.7M

CYVIZ screens 30% overvalued. Compare with Compal Electronics, Inc →

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Cite: Fair Value Calculator (2026). "Cyviz AS Fair Value". https://www.fairvalue-calculator.com/stock/CYVIZ

Peer Group

Computer Hardware · 215 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 41 · Bottom 25%
Fair Value upside −30% · Above median
Return on assets -3% · Bottom 25%
Net margin (TTM) -5% · Bottom 25%
Operating margin (TTM) -19% · Bottom 25%
Revenue growth -21% · Bottom 25%
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Computer Hardware median · lower = cheaper

P/B 0.34× · Cheaper than 75% of peers
P/S (TTM) 0.06× · Cheaper than 75% of peers

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 0 · sector 0
FUTURE 0 · sector 57
PAST 0 · sector 26
HEALTH 99 · sector 97
DIVIDEND 0 · sector 44

VALUE 0: the price sits above our fair-value range.

Insider activity: 45/100

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 Computer Hardware stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Compal Electronics, Inc CEIR $0.0310 $0.0276 -11%
Dell Technologies Inc DELL $434.97 $163.87 -62%
Arista Networks, Inc ANET $168.56 $43.74 -74%
Western Digital Corporation WDC $513.84 $74.05 -86%
Wiwynn Corporation 6669 4,685 TWD 1,559 TWD -67%
Hangzhou Hikvision Digital Technology Co 002415 ¥34.12 ¥30.11 -12%
Quanta Computer Inc 2382 373.50 TWD 297.22 TWD -20%
Shenzhen Longsys Electronics Co 301308 ¥587.60 ¥60.86 -90%
Lenovo Group 0992 HK$23.16 HK$3.07 -87%
Dawning Information Industry Co 603019 ¥106.13 ¥28.88 -73%

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Frequently asked questions

Is Cyviz AS (CYVIZ) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of kr 17.45 versus a price of kr 24.80, about −30% (overvalued).
What is the fair value of CYVIZ?
Our model-based fair value for Cyviz AS is kr 17.45 (as of Jul 16, 2026), built from audited fundamentals. The current price is kr 24.80.
What is the quality score of CYVIZ?
Cyviz AS has a Quality Score of 41/100. 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 Cyviz AS (CYVIZ)?
Cyviz AS reported trailing-twelve-month revenue of about 536M NOK (latest available figure, as of Jul 16, 2026).
What is the net profit margin of CYVIZ?
The net profit margin of Cyviz AS is about -5.2%, meaning it is currently running at a net loss. 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.

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