Ependion AB (EPEN) Fair Value & Analysis
Technology · SE · Market cap 5.0B SEK
Fair value as of: Jul 19, 2026
From 24 valuation models · updated 22 days ago
Share price +12.8% over the past month.
Below-average quality, and screening another 52% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (kr 107.01). The favourable scenario is already priced in.
- Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
- A fairly wide model range (kr 46.81 to kr 107.01) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.
How to read this chart
60‑month range kr 43.25 – kr 160.80 · fair‑value band kr 46.81 – kr 107.01 · the kr 156.60 price screens above the kr 75.95 fair value. Dashed = 300-day average. As of Jul 19, 2026.
Analysis
Ependion AB (EPEN) currently trades at kr 156.60, while our model-based Fair Value estimate is kr 75.95, implying the stock looks roughly 51.5% overvalued today. The Quality Score stands at 46/100 (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: high).
Over the trailing twelve months, Ependion AB generated revenue of 2.3B SEK at a net margin of 6.8%. Revenue grew 9.6% year over year. It earns a return on equity of 10.4%. Net debt stands at 538M SEK. Fundamentals as of Jul 19, 2026
Our scenario range runs from kr 46.81 (bear case) to kr 107.01 (bull case); at kr 156.60, 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 near its 52-week high and 76% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -61% fair-value upside, at -52%, EPEN 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.
All 24 models by family
Widest divergence: DCF Models (kr 96.14) versus Asset-Based (kr 34.00). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 48 · Market factors (momentum, volatility) 68
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
Ependion AB, together with its subsidiaries, provides digital solutions for secure control, management, visualization, and data communication for industrial applications. It operates through Beijer Electronics and Westermo segments.
Full company description
Ependion AB, together with its subsidiaries, provides digital solutions for secure control, management, visualization, and data communication for industrial applications. It operates through Beijer Electronics and Westermo segments. The Beijer Electronics segment develops and sells hard and software solutions for digitalized data control, connect, and present across a raft of sectors. The Westermo segment develops and manufactures robust network products for reliable data communication for train and trackside markets. It also offers digital solutions for control and surveillance systems; and industrial data communication solutions for data to be transferred on fixed and wireless networks. The company serves infrastructure, transportation, water supply, energy, manufacturing, and the marine sector. It operates in Sweden, Australia, Austria, Belgium, China, Denmark, Finland, France, Germany, Ireland, Korea, Netherlands, Norway, Singapore, Spain, Switzerland, Taiwan, the United Kingdom, the United States, and internationally. Ependion AB was formerly known as Beijer Electronics Group AB (publ) and changed its name to Ependion AB in May 2023. The company was incorporated in 1926 and is headquartered in Malmö, Sweden.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Ependion AB reported revenue of kr 2.2B in FY2025 versus kr 1.6B in FY2021, a compound +8.4%/yr. Reported net income was kr 147M in FY2025, compounding +42.3%/yr from FY2021.
EPEN screens 52% overvalued. Compare with Cisco Systems, Inc →
Peer Group
Communication Equipment · 290 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.
Valuation Multiples vs Communication Equipment median · lower = cheaper
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: the price sits above our fair-value range.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Communication Equipment stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Cisco Systems, Inc CSCO | $119.25 | $43.05 | -64% |
| Zhongji Innolight Co 300308 | ¥1,094 | ¥171.09 | -84% |
| Foxconn Industrial Internet Co 601138 | ¥56.50 | ¥28.65 | -49% |
| Eoptolink Technology Inc 300502 | ¥482.88 | ¥155.05 | -68% |
| Nokia Oyj NOK | $11.25 | $2.67 | -76% |
| Motorola Solutions, Inc MSI | $413.31 | $190.43 | -54% |
| Suzhou TFC Optical Communication Co 300394 | ¥244.13 | ¥32.04 | -87% |
| Telefonaktiebolaget LM Ericsson (publ), ERIC | $11.72 | $15.96 | +36% |
| Accton Technology Corporation 2345 | 2,090 TWD | 846.28 TWD | -60% |
| ZTE Corporation 000063 | ¥40.00 | ¥15.75 | -61% |
Compare Ependion AB with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Technology stocks →
Frequently asked questions
Is Ependion AB (EPEN) overvalued or undervalued?
What is the fair value of EPEN?
What is the quality score of EPEN?
What is the revenue of Ependion AB (EPEN)?
What is the net profit margin of EPEN?
Does Ependion AB pay a dividend?
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.
Track Ependion AB and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.