Energeia A/S (ENERG) fair value: what the stock is really worth
As of Oct 9, 2026: fair value of Energeia A/S NOK 5.91, price NOK 8.00, upside -26.1%, quality 36 out of 100. 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
46‑month range kr 2.87 – kr 61.93 · fair‑value band kr 4.41 – kr 8.83 · the kr 8.00 price screens above the kr 5.91 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.
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Energeia AS develops, manages, and owns solar PV power plants in Norway and the Netherlands. It installs, sells, and services energy equipment and systems. The company also operates solar power plant with an installed capacity of 12.1 megawatts in the Netherlands. Energeia AS was incorporated in 2010 and is headquartered in Oslo, Norway.
Stock analysis
Energeia A/S (ENERG) currently trades at kr 8.00, while our model-based Fair Value estimate is kr 5.91, 26.1% below the price, so the stock looks overvalued today.
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 94/100, which puts the evidence level at low.
Scenario range: kr 4.41 (bear) to kr 8.83 (bull), the price of kr 8.00 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 36/100 (below-average quality), in the Technology sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Energeia A/S reported revenue of 53.4M NOK in FY2025 versus 24.0M NOK in FY2021, a compound +22.1%/yr. Reported net income was −33.9M NOK in FY2025.
Key figures
Market cap 74.4M NOK (≈ $7.8M) · P/S ratio 1.27 · EPS (TTM) kr −2.44 · Net margin −63.5% · Return on equity −23.7% · Return on assets (EBIT) −8.2% · Operating margin −30.6% · Revenue (TTM) 53.4M NOK.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).
What moves the price
The share trades about 18% below its 52-week high and 24% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at 10% fair-value upside, at −26%, ENERG screens richer than that median.
Fair Value models
Bear kr 4.41Fair Value kr 5.91Bull kr 8.83
Price kr 8.00 · Upside -26.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. 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.Evidence ⓘEvidence = 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.32/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−21.0%
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.
−12.3%
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.
+26.9%
Start year 2020 (pandemic)
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘ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.
509.6% (2020) → −62.4% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
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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.Solar · 100 stocks
Beats the industry median on 3/9 measures
Overall it trails its industry peers.
Valuation
Quality Score36 · Below median
Fair Value upside−26.1% · Below median
Profitability
Return on assets−7.9% · Bottom 25%
Net margin (TTM)−41.4% · Bottom 25%
Operating margin (TTM)−30.6% · Bottom 25%
Growth and dividend
Revenue growth0.9% · Above median
Balance sheet
Debt / equity0.59× · Above median
Valuation Multiplesvs Solar median · lower = cheaper
P/B0.07× · Cheapest 25%
P/S (TTM)0.15× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 5
FUTURE (revenue growth)5· sector 0
PAST (return on equity)0· sector 0
HEALTH (low debt)70· sector 85
DIVIDEND (yield)0· sector 26
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). "Energeia A/S Fair Value". https://www.fairvalue-calculator.com/stock/ENERG
Frequently asked questions
Is Energeia A/S (ENERG) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of kr 5.91 versus a price of kr 8.00, about −26% upside (overvalued).
What is the fair value of ENERG?
Our model-based fair value for Energeia A/S is kr 5.91 (as of Oct 3, 2026), built from audited fundamentals. The current price: kr 8.00.
What is the quality score of ENERG?
Energeia A/S has a Quality Score of 36/100. 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 Energeia A/S (ENERG)?
Our model-based price target is the fair value of kr 5.91 (as of Oct 3, 2026) from 1 valuation models. Cautious scenario kr 4.41, optimistic scenario kr 8.83. It is a calculation from audited fundamentals, not an analyst target.
What is the Energeia A/S stock forecast for 2026?
Our models put fair value at kr 5.91, about −26% upside versus a price of kr 8.00 (overvalued). Cautious scenario kr 4.41, optimistic scenario kr 8.83. The calculation is refreshed regularly with new filings.
What is the revenue of Energeia A/S (ENERG)?
Energeia A/S reported trailing-twelve-month revenue of about 53.4M NOK (latest available figure, as of Oct 3, 2026).
What is the intrinsic value of Energeia A/S (ENERG)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Energeia A/S it is kr 5.91 per share (as of Oct 3, 2026), against a price of kr 8.00. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Energeia A/S stock overvalued or undervalued in 2026?
As of Oct 3, 2026, ENERG trades above its calculated fair value: price kr 8.00, fair value kr 5.91, a gap of about −26% (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 ENERG?
No. The price is what the market pays today (kr 8.00); the fair value is what the company's own numbers justify (kr 5.91). For Energeia A/S the two are kr 2.09 per share apart. That gap is exactly why we show both numbers side by side.
How much is Energeia A/S worth?
The market values Energeia A/S at about 74.4M NOK (market capitalisation, as of Oct 3, 2026). Per share that is kr 8.00; our models calculate a fair value of kr 5.91 per share.
What do the bullish and bearish scenarios say about ENERG?
Our models span a range for Energeia A/S: cautious scenario kr 4.41, base kr 5.91, optimistic kr 8.83 per share (as of Oct 3, 2026, price kr 8.00). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Energeia A/S (ENERG)?
Balance-sheet figures for Energeia A/S (as of Oct 3, 2026): return on equity −23.7%, debt of 0.59 per unit of equity. They feed the Quality Score of 36/100, which measures business quality independently of the share price.
How far is ENERG from its 52-week high?
Energeia A/S trades at kr 8.00, about 18% below its 52-week high of kr 9.75 and 24% above the low of kr 6.46 (as of Oct 9, 2026). Distance from the high says nothing about value: that is what the fair value of kr 5.91 is for.
Which stocks are comparable to Energeia A/S?
From the same area (Technology) we also value First Solar, Inc, Nextpower Inc, Tongwei Co, Waaree Energies Limited, 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 Energeia A/S stock attractive at the current price?
The data as of Oct 3, 2026: price kr 8.00, calculated fair value kr 5.91 (−26%), Quality Score 36/100, from 1 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 ENERG calculated?
We run Energeia A/S through 1 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 5.91, 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 14.6 % above its aggregate fair value. Energeia 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 Energeia A/S (ENERG)?
The closing price on Oct 9, 2026 was kr 8.00. Our model-based fair value is kr 5.91, about −26% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Energeia A/S right now?
Weak quality (36/100) and above fair value at the same time, the margin of safety is missing on both counts. A fairly wide model range (kr 4.41 to kr 8.83) 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.
Key figures of Energeia A/S
How large is the market capitalisation of Energeia A/S (ENERG)?
The market capitalisation of Energeia A/S is 74.4M NOK (≈ $7.8M). 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 Energeia A/S (ENERG)?
The price-to-sales ratio of Energeia A/S is 1.27 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Energeia A/S (ENERG)?
Earnings per share at Energeia A/S are kr −2.44. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Energeia A/S (ENERG)?
The net margin of Energeia A/S is −63.5% (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 Energeia A/S (ENERG)?
The return on equity (ROE) of Energeia A/S is −23.7% (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 Energeia A/S (ENERG)?
On an EBIT basis the return on assets of Energeia A/S is −8.2% (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 Energeia A/S (ENERG)?
The operating margin of Energeia A/S is −30.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Energeia A/S (ENERG)?
Revenue at Energeia A/S is growing +0.9% versus a year earlier (3y avg −12.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Energeia A/S (ENERG) generate?
The free cash flow of Energeia A/S is −41.0M NOK (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Energeia A/S (ENERG) carry?
The net debt of Energeia A/S is 46.4M NOK (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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