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Dustin Group (DUST) Fair Value & Analysis

Technology · SE · Market cap 2.6B SEK

DG Dustin Group DUST · ST
Pricekr 1.88
Fair Valuekr 1.28
Upside-32.2%
Quality35/100
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Evidence: Low Range kr 0.9343 – kr 1.62

Fair value as of: Jul 14, 2026

From 7 valuation models · updated today

Share price +12.4% over the past month.

Price vs Fair Value (12 months)

kr 2.19 kr 1.32 Fair Value kr 1.28 Jul 2025 Jul 2026

12‑month range kr 1.32 – kr 2.19 · fair‑value band kr 0.9343 – kr 1.62 · the kr 1.88 price screens above the kr 1.28 fair value. As of Jul 14, 2026.

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Analysis

Dustin Group (DUST) currently trades at kr 1.88, while our model-based Fair Value estimate is kr 1.28 — implying the stock looks roughly 32.2% overvalued today. We read business quality at 35/100 (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, Dustin Group generated revenue of 21.1B SEK at a net margin of -0.2%. It earns a return on equity of -0.7%. Net debt stands at 2.4B SEK. The stock trades on a trailing P/E of 3.6. Fundamentals as of Jul 14, 2026

Our scenario range runs from kr 0.9343 (bear case) to kr 1.62 (bull case); at kr 1.88, the current price sits above that range. The share trades about 24% below its 52-week high and 48% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at 6% fair-value upside — at -32%, DUST screens richer than that median.

Key figures & financial health

Revenue (TTM) 21.1B SEK
Net margin -3.9%
Return on equity -0.7%
Free cash flow −87.0M SEK FY2025
P/E ratio 1.7
Operating margin 1.5%
More key figures
EPS (TTM) kr 1.09
EPS growth (YoY) -71.0%
Net debt 2.4B SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 14, 2026. TTM = trailing twelve months.

About the company

Dustin Group AB (publ) engages in online information technology business in Sweden, Finland, Denmark, the Netherlands, Norway, and Belgium. The company offers various hardware, software, financing solutions, subscription services, and other related services and solutions. It serves large companies and the public sector. The company was founded in 1984 and is headquartered in Nacka, Sweden. Dustin Group AB (publ) operates as a subsidiary of AxMedia AB.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dustin Group reported revenue of kr 20.4B in FY2025 versus kr 15.9B in FY2021, a compound +6.5%/yr. Reported net income was −kr 2.6B in FY2025.

Revenue +6.5%/yr
FY21 kr 15.9B
FY22 kr 23.6B
FY23 kr 23.6B
FY24 kr 21.5B
FY25 kr 20.4B
Net income
FY21 kr 357M
FY22 kr 478M
FY23 kr 174M
FY24 kr 53.0M
FY25 −kr 2.6B

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

Similar stocks

10 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $272.36 $174.70 -36%
Accenture plc ACNB34 R$910.01 R$1,180 +30%
Tata Consultancy Services Limited TCS ₹2,060 ₹2,590 +26%
Infosys Limited I1FO34 R$31.71 R$32.04 +1%
HCL Technologies Limited HCLTECH ₹1,155 ₹1,220 +6%
Fiserv, Inc F1IS34 R$138.35 R$187.39 +35%
Cognizant Technology Solutions Corporation CTSH34 R$214.28 R$95.23 -56%
Fidelity National Information Services, Inc F1NI34 R$12.14 R$1.22 -90%
Wipro Limited WIPRO ₹178.93 ₹226.94 +27%
CDW Corporation C1DW34 R$34.20 R$30.00 -12%

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Frequently asked questions

Is Dustin Group (DUST) undervalued?
As of Jul 14, 2026, our model estimates a fair value of kr 1.28 versus a price of kr 1.88 — about −32% (overvalued). Model-based estimate, not financial advice.
What is the fair value of DUST?
Our model-based fair value for Dustin Group is kr 1.28 (as of Jul 14, 2026), built from audited fundamentals. The current price is kr 1.88.
What is the quality score of DUST?
Dustin Group has a Quality Score of 35/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Dustin Group (DUST)?
Dustin Group reported trailing-twelve-month revenue of about 21.1B SEK (latest available figure, as of Jul 14, 2026).
What is the net profit margin of DUST?
The net profit margin of Dustin Group is about -0.2%, 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.