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Doxa AB (DOXA) Fair Value & Analysis

Real Estate · SE · Market cap 526M SEK

DA Doxa AB DOXA · ST
Pricekr 0.3600
Fair Valuekr 0.8755
Upside+143.2%
Quality22/100
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Evidence: Low Range kr 0.6545 – kr 1.30

Fair value as of: Jul 17, 2026

From 1 valuation models · updated today

Share price −6.6% over the past month.

Price vs Fair Value (12 months)

kr 0.5690 kr 0.3600 Fair Value kr 0.8755 Jul 2025 Jul 2026

12‑month range kr 0.3600 – kr 0.5690 · fair‑value band kr 0.6545 – kr 1.30 · the kr 0.3600 price screens below the kr 0.8755 fair value. As of Jul 17, 2026.

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Analysis

Doxa AB (DOXA) currently trades at kr 0.3600, while our model-based Fair Value estimate is kr 0.8755, implying the stock looks roughly 143.2% undervalued today. We read business quality at 22/100 (below-average quality), in the Real Estate 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: low), always confirm before acting.

Trailing-twelve-month revenue stands at 36.2M SEK. It earns a return on equity of -9.5%. Net debt stands at 1.3B SEK. Fundamentals as of Jul 17, 2026

Our scenario range runs from kr 0.6545 (bear case) to kr 1.30 (bull case); at kr 0.3600, the current price sits below that range. The share trades about 38% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 1% fair-value upside, at 143%, DOXA screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 36.2M SEK
Revenue growth (YoY) +636%
Return on equity -9.5%
Free cash flow −82.8M SEK FY2025
Operating margin -54.4%
EPS (TTM) kr -0.1500
More key figures
EPS growth (YoY) -98.5%
Net debt 1.3B SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 17, 2026. TTM = trailing twelve months.

About the company

Doxa AB (publ) operates as a real estate company in Sweden and internationally. The company was incorporated in 1987 and is headquartered in Malmö, Sweden.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Doxa AB reported revenue of kr 63.5M in FY2025 versus kr 10.9M in FY2021, a compound +55.4%/yr. Reported net income was −kr 336M in FY2025.

Revenue +55.4%/yr
FY21 kr 10.9M
FY22 kr 5.2M
FY23 kr 9.9M
FY24 kr 15.5M
FY25 kr 63.5M
Net income
FY21 kr 76.2M
FY22 −kr 39.9M
FY23 kr 292M
FY24 −kr 1.7B
FY25 −kr 336M

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Cite: Fair Value Calculator (2026). "Doxa AB Fair Value". https://www.fairvalue-calculator.com/stock/DOXA

Similar stocks

10 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

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DLF Limited DLF ₹627.60 ₹215.17 -66%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,650 IDR 1,330 IDR -80%
Lodha Developers Limited LODHA ₹862.00 ₹721.45 -16%
Oberoi Realty Limited OBEROIRLTY ₹1,749 ₹1,183 -32%
Godrej Properties Limited GODREJPROP ₹1,642 ₹788.35 -52%
PT Jaya Real Property, Tbk., JRPT 1,075 IDR 1,909 IDR +78%
PT Bumi Serpong Damai Tbk, BSDE 565.00 IDR 1,334 IDR +136%
PT Sentul City Tbk, BKSL 64.00 IDR 152.22 IDR +138%
PT Ciputra Development Tbk, CTRA 545.00 IDR 1,363 IDR +150%

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Frequently asked questions

Is Doxa AB (DOXA) undervalued?
As of Jul 17, 2026, our model estimates a fair value of kr 0.8755 versus a price of kr 0.3600, about +143% (undervalued). Model-based estimate, not financial advice.
What is the fair value of DOXA?
Our model-based fair value for Doxa AB is kr 0.8755 (as of Jul 17, 2026), built from audited fundamentals. The current price is kr 0.3600.
What is the quality score of DOXA?
Doxa AB has a Quality Score of 22/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Doxa AB (DOXA)?
Doxa AB reported trailing-twelve-month revenue of about 36.2M SEK (latest available figure, as of Jul 17, 2026).
What is the net profit margin of DOXA?
The net profit margin of Doxa AB is about 0.0%, meaning it keeps roughly 0.0% 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.

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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.