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Infrea AB (INFREA) Fair Value & Analysis

Industrials · SE · Market cap 371M SEK

IA Infrea AB INFREA · ST
Pricekr 12.70
Fair Valuekr 32.35
Upside+154.7%
Quality39/100
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Evidence: High Range kr 24.27 – kr 40.44

Fair value as of: Jul 14, 2026

From 24 valuation models · updated today

Share price −3.8% over the past month.

Price vs Fair Value (12 months)

kr 16.14 kr 11.78 Fair Value kr 32.35 Jul 2025 Jul 2026

12‑month range kr 11.78 – kr 16.14 · fair‑value band kr 24.27 – kr 40.44 · the kr 12.70 price screens below the kr 32.35 fair value. As of Jul 14, 2026.

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Analysis

Infrea AB (INFREA) currently trades at kr 12.70, while our model-based Fair Value estimate is kr 32.35 — implying the stock looks roughly 154.7% undervalued today. We read business quality at 39/100 (below-average quality), in the Industrials 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: high) — always confirm before acting.

Over the trailing twelve months, Infrea AB generated revenue of 2.0B SEK at a net margin of 3.0%. Revenue declined 14.9% year over year. It earns a return on equity of 0.9%. The balance sheet holds a net cash position of 2.5M SEK. Fundamentals as of Jul 14, 2026

Our scenario range runs from kr 24.27 (bear case) to kr 40.44 (bull case); at kr 12.70, the current price sits below that range. The share trades about 22% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -40% fair-value upside — at 155%, INFREA screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 2.0B SEK
Revenue growth (YoY) -14.9%
Net margin 3.0%
Return on equity 0.9%
Free cash flow 56.7M SEK FY2025
P/E ratio 132.0
More key figures
Operating margin -16.9%
EPS (TTM) kr 0.1000
Dividend yield 4.8%
EPS growth (YoY) +177%
Net cash 2.5M SEK FY2025

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

About the company

Infrea AB engages in maintaining, improving and expanding infrastructure in Sweden. The company operates through three segments: Land & Construction, Paving and Water & Sewage. It offers water supply, sewage management and road maintenance; contracting, service and maintenance services for water, sewage, land. The company is also involved in land contracting, foundation laying, excavation, fine grading, asphalting including the production of asphalt and mastic asphalt; and pipe inspections with cameras, high-pressure flushing, sludge suction, dry and trench suction, relining and transport of hazardous waste and residual water. In addition, it's customers include municipalities, government agencies and other public institutions; energy companies, transport companies and other industries that work with infrastructure projects. The company was formerly known as Grand Capital and is changed to Infrea AB in October 2017. Infrea AB was incorporated in 1998 and is based in Stockholm, Sweden.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Infrea AB reported revenue of kr 2.1B in FY2025 versus kr 1.3B in FY2021, a compound +13.1%/yr. Reported net income was kr 63.0M in FY2025, compounding +78.5%/yr from FY2021.

Revenue +13.1%/yr
FY21 kr 1.3B
FY22 kr 2.1B
FY23 kr 2.0B
FY24 kr 2.1B
FY25 kr 2.1B
Net income +78.5%/yr
FY21 kr 6.2M
FY22 kr 68.3M
FY23 −kr 7.6M
FY24 −kr 8.0M
FY25 kr 63.0M

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

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Frequently asked questions

Is Infrea AB (INFREA) undervalued?
As of Jul 14, 2026, our model estimates a fair value of kr 32.35 versus a price of kr 12.70 — about +155% (undervalued). Model-based estimate, not financial advice.
What is the fair value of INFREA?
Our model-based fair value for Infrea AB is kr 32.35 (as of Jul 14, 2026), built from audited fundamentals. The current price is kr 12.70.
What is the quality score of INFREA?
Infrea AB has a Quality Score of 39/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Infrea AB (INFREA)?
Infrea AB reported trailing-twelve-month revenue of about 2.0B SEK (latest available figure, as of Jul 14, 2026).
What is the net profit margin of INFREA?
The net profit margin of Infrea AB is about 3.0%, meaning it keeps roughly 3.0% of revenue as net income. Based on the latest reported figures.
Does Infrea AB pay a dividend?
Infrea AB currently shows a dividend yield of about 4.58% relative to its recent price (as of Jul 14, 2026).

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.