Fondia Oyj (FONDIA) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Fondia Oyj stock €2.64, price €4.71, that is 43.9% below the price, quality 63 out of 100. Rating: strongly overvalued. Calculated from audited financials with 15 of our 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. As of Nov 7, 2026.
How to read this chart
60‑month range €3.95 – €7.05 · fair‑value band €1.85 – €3.43 · the €4.71 price screens above the €2.64 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Fondia Oyj, together with its subsidiaries, operates as a law firm in Finland, Sweden, Lithuania, and Estonia.
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It offers legal services in various areas, including business legal agreements", corporate law", dispute resolution", employment", IPR", merger and acquisition and finance", marketing and consumer protection", data protection", competition and public procurement", ESG and sustainability", environment", taxation", data economy", AI", legal operations", and insolvency.
The company also provides legal department as a service", trademark watch", data protection officer", board secretary service", compliance service", GDPR compliance assessment", whistleblowing", secondment as a service", and exit readiness as a service, as well as "legal services for startups and scaleups".
It serves energy, financial, healthcare and life sciences, information and communications technology, media, entertainment, creative, real estate and construction, and circular economy and cleantech industries. The company was incorporated in 1988 and is headquartered in Helsinki, Finland.
Stock analysis
Fondia Oyj (FONDIA) currently trades at €4.71, while our model-based Fair Value estimate is €2.64, 44% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Dividend Discount group reads highest at a median of €5.06 per share, and 2 of the 15 models we run sit above the €4.71 price.
Bear case: the Economic Profit group reads lowest at €1.57, and 13 of the 15 models stay below the price. Data coverage for this calculation is high.
Scenario range: €1.85 (bear) to €3.43 (bull), the price of €4.71 sits above 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 63/100 (solid quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Fondia Oyj reported revenue of €23.9M in FY2025 versus €21.1M in FY2021, a compound +3.2%/yr. Reported net income was €568K in FY2025, compounding +21.7%/yr from FY2021.
Key figures
Market cap €17.8M Micro · P/E ratio 15.7 · P/S ratio 0.83 · EPS (TTM) €0.3000 · Dividend yield 6.4% · Net margin 4.9% · Return on equity 64.9% · Return on assets (EBIT) 14.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 55 out of 100 (low confidence).
What moves the price
The share trades about 18% below its 52-week high and 12% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −12% fair-value upside, at −44%, FONDIA screens richer than that median.
Fair Value models
Bear€1.85Fair Value €2.64Bull€3.43
Price €4.71 · Downside -43.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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.Coverage ⓘCoverage = 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.33/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−6.6%
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.
−0.9%
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.
+4.0%
Start year 2020 (pandemic). Over 10 years: +6.3% a year
Revenue growth 11 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.
+7.0%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
≈ +17.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year≈ +10.9%
Dividend (yield on the price)6.4%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: 10.9% / −7.2%
Profit margin 2020 to 2025 ⓘ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.7% → 4%
⚠ Base effect: the rate starts in the earnings trough around 2020 (starting value 0.091 per share, median 0.40 in 2015 to 2018). It measures the recovery from the trough, not lasting growth.
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.Specialty Business Services · 229 stocks
Beats the industry median on 8/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score63 · Above median
Fair Value upside−43.9% · Bottom 25%
Profitability
Return on equity (12 months)64.9% · Top 25%
Return on assets8.6% · Top 25%
Net margin (12 months)4.9% · Above median
Operating margin (12 months)6.5% · Below median
Growth and dividend
Revenue growth (quarter YoY)0.5% · Below median
Dividend yield (12 months)6.4% · Top 25%
Valuation Multiplesvs Specialty Business Services median · lower = cheaper
P/E (12 months)15.7× · Cheaper than median
P/B8.21× · Priciest 25%
P/S (12 months)0.83× · Cheaper than median
EV/EBITDA7.1× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 45
FUTURE (revenue growth)3· sector 33
PAST (return on equity)100· sector 38
HEALTH (low debt)100· sector 94
DIVIDEND (yield)100· sector 57
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). "Fondia Oyj Fair Value". https://www.fairvalue-calculator.com/stock/FONDIA
Frequently asked questions
Is Fondia Oyj (FONDIA) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of €2.64 versus a price of €4.71, about 44% lower (overvalued).
What is the fair value of FONDIA?
Our model-based fair value for Fondia Oyj is €2.64 (as of Nov 7, 2026), built from audited fundamentals. The current price: €4.71.
What is the quality score of FONDIA?
Fondia Oyj has a Quality Score of 63/100. 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 Fondia Oyj (FONDIA)?
Our model-based price target is the fair value of €2.64 (as of Nov 7, 2026) from 15 valuation models. Cautious scenario €1.85, optimistic scenario €3.43. It is a calculation from audited fundamentals, not an analyst target.
What is the Fondia Oyj stock forecast for 2026?
Our models put fair value at €2.64, about 44% lower versus a price of €4.71 (overvalued). Cautious scenario €1.85, optimistic scenario €3.43. The calculation is refreshed regularly with new filings.
What is the revenue of Fondia Oyj (FONDIA)?
Fondia Oyj reported trailing-twelve-month revenue of about €24.0M (latest available figure, as of Nov 7, 2026).
Does Fondia Oyj pay a dividend?
Fondia Oyj currently shows a dividend yield of 6.37% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Fondia Oyj (FONDIA) and when is the ex-dividend date?
Fondia Oyj pays a dividend of €0.3 per share a year, a dividend yield of 6.4%. The last ex-dividend date was Mar 20, 2026. A dividend has been paid every year since at least 2018. The payout ratio is 100% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Fondia Oyj (FONDIA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Fondia Oyj it is €2.64 per share (as of Nov 7, 2026), against a price of €4.71. It is the blended result of 15 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Fondia Oyj stock overvalued or undervalued in 2026?
As of Nov 7, 2026, FONDIA trades above its calculated fair value: price €4.71, fair value €2.64, a gap of about −44% (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 FONDIA?
No. The price is what the market pays today (€4.71); the fair value is what the company's own numbers justify (€2.64). For Fondia Oyj the two are €2.07 per share apart. That gap is exactly why we show both numbers side by side.
How much is Fondia Oyj worth?
The market values Fondia Oyj at about €17.8M (market capitalisation, as of Nov 7, 2026). Per share that is €4.71; our models calculate a fair value of €2.64 per share.
What do the bullish and bearish scenarios say about FONDIA?
Our models span a range for Fondia Oyj: cautious scenario €1.85, base €2.64, optimistic €3.43 per share (as of Nov 7, 2026, price €4.71). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of FONDIA?
Fondia Oyj trades at a price-to-earnings ratio of 15.7 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €2.64 is built from several models across several years. Median P/E at fiscal year-end, 9 fiscal years (2017 to 2025), reported earnings: 31.3. Other multiples: P/B 8.2, P/S 0.8, EV/EBITDA 7.1.
How solid is the balance sheet of Fondia Oyj (FONDIA)?
Balance-sheet figures for Fondia Oyj (as of Nov 7, 2026): return on equity 64.9%. They feed the Quality Score of 63/100, which measures business quality independently of the share price.
How far is FONDIA from its 52-week high?
Fondia Oyj trades at €4.71, about 18% below its 52-week high of €5.74 and 12% above the low of €4.21 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of €2.64 is for.
Which stocks are comparable to Fondia Oyj?
From the same area (Industrials) we also value Cintas Corporation, Thomson Reuters Corporation, Copart, Inc, Global Payments Inc, 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 Fondia Oyj stock attractive at the current price?
The data as of Nov 7, 2026: price €4.71, calculated fair value €2.64 (−44%), Quality Score 63/100, from 15 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 FONDIA calculated?
We run Fondia Oyj through 15 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of €2.64 builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. Fondia Oyj 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 Fondia Oyj (FONDIA)?
The closing price on Nov 6, 2026 was €4.71. Our model-based fair value is €2.64, about 44% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Fondia Oyj right now?
The price sits above even our optimistic bull case (€3.43). The favourable scenario is already priced in. Solid but not exceptional quality (63/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (€1.85 to €3.43) leaves room in how you read the outcome.
Where does the earnings growth of Fondia Oyj (FONDIA) come from?
Earnings per share at Fondia Oyj grew −1.9 % a year from 2014 to 2025. Broken into its drivers: revenue per share +7.4 %, EBIT margin −7.7 %, tax rate −1.4 %, residual (interest, one-offs) +0.3 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Fondia Oyj
How large is the market capitalisation of Fondia Oyj (FONDIA)?
The market capitalisation of Fondia Oyj is €17.8M. 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 Fondia Oyj (FONDIA)?
The price-to-sales ratio of Fondia Oyj is 0.83 (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 Fondia Oyj (FONDIA)?
Earnings per share at Fondia Oyj are €0.3000 (price ÷ EPS = P/E 15.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Fondia Oyj (FONDIA)?
The dividend yield of Fondia Oyj is 6.4% (payout 100%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Fondia Oyj (FONDIA)?
The net margin of Fondia Oyj is 4.9% (last twelve months). 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 Fondia Oyj (FONDIA)?
The return on equity (ROE) of Fondia Oyj is 64.9% (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 Fondia Oyj (FONDIA)?
On an EBIT basis the return on assets of Fondia Oyj is 14.4% (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 Fondia Oyj (FONDIA)?
The operating margin of Fondia Oyj is 6.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Fondia Oyj (FONDIA)?
Revenue at Fondia Oyj is growing +0.5% versus a year earlier (3y avg −0.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Fondia Oyj (FONDIA)?
Earnings per share at Fondia Oyj are growing +944% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Fondia Oyj (FONDIA) generate?
The free cash flow of Fondia Oyj is −€1.0M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Fondia Oyj (FONDIA) hold?
Fondia Oyj holds more cash than debt, €78.0K net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 7, 2026