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Irisity AB (IRIS) Fair Value & Analysis

Industrials · SE · Market cap 126M SEK

IA Irisity AB IRIS · ST
Pricekr 0.2020
Fair Valuekr 0.4165
Upside+106.2%
Quality22/100
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Evidence: Low Range kr 0.3145 – kr 0.6290

Fair value as of: Jul 17, 2026

From 1 valuation models · updated today

Share price −30.8% over the past month.

Price vs Fair Value (12 months)

kr 0.5880 kr 0.1030 Fair Value kr 0.4165 Jul 2025 Jul 2026

12‑month range kr 0.1030 – kr 0.5880 · fair‑value band kr 0.3145 – kr 0.6290 · the kr 0.2020 price screens below the kr 0.4165 fair value. As of Jul 17, 2026.

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Analysis

Irisity AB (IRIS) currently trades at kr 0.2020, while our model-based Fair Value estimate is kr 0.4165, implying the stock looks roughly 106.2% undervalued today. We read business quality at 22/100 (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: low), always confirm before acting.

Trailing-twelve-month revenue stands at 99.6M SEK. Revenue declined 3.3% year over year. It earns a return on equity of -46.1%. The balance sheet holds a net cash position of 3.0M SEK. Fundamentals as of Jul 17, 2026

Our scenario range runs from kr 0.3145 (bear case) to kr 0.6290 (bull case); at kr 0.2020, the current price sits below that range. The share trades about 70% below its 52-week high and 104% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -3% fair-value upside, at 106%, IRIS screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 99.6M SEK
Revenue growth (YoY) -3.3%
Net margin -175%
Return on equity -46.1%
Free cash flow −39.9M SEK FY2025
Operating margin -190%
More key figures
EPS (TTM) kr -0.1500
Net cash 3.0M SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 17, 2026. TTM = trailing twelve months.

About the company

Irisity AB (publ) provides AI-powered video analytics solutions in Sweden, Israel, Hungary, the United States, Colombia, Brazil, Argentina, Mexico, the United Kingdom, Norway and the UAE and internationally. The company offers IRIS+, an open and scalable software with video analytics and AI; AI detection agents that constantly watch for activities and reliably notify in real-time allowing for a quick response; and personalized AI algorithms that are tailored to specific needs and requirements of different environments. It also provides hardware products, such as Irisity Edge 10, a pre-configured appliance that is typically co-deployed with a camera system at the surveillance site; Irisity Edge for Axis, a special IRIS+ Edge version that runs inside Axis ARTPEC-7 and ARTPEC-8 cameras as an axis camera application platform application connecting to the cloud; and Custom Edge, that allows to run IRIS+ Edge analytics on own custom hardware, which is deployed either on-site or in a …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Irisity AB reported revenue of kr 86.1M in FY2025 versus kr 77.3M in FY2021, a compound +2.7%/yr. Reported net income was −kr 185M in FY2025.

Revenue +2.7%/yr
FY21 kr 77.3M
FY22 kr 87.7M
FY23 kr 118M
FY24 kr 104M
FY25 kr 86.1M
Net income
FY21 −kr 23.9M
FY22 −kr 137M
FY23 −kr 133M
FY24 −kr 216M
FY25 −kr 185M

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Cite: Fair Value Calculator (2026). "Irisity AB Fair Value". https://www.fairvalue-calculator.com/stock/IRIS.ST

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Frequently asked questions

Is Irisity AB (IRIS) undervalued?
As of Jul 17, 2026, our model estimates a fair value of kr 0.4165 versus a price of kr 0.2020, about +106% (undervalued). Model-based estimate, not financial advice.
What is the fair value of IRIS?
Our model-based fair value for Irisity AB is kr 0.4165 (as of Jul 17, 2026), built from audited fundamentals. The current price is kr 0.2020.
What is the quality score of IRIS?
Irisity AB has a Quality Score of 22/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Irisity AB (IRIS)?
Irisity AB reported trailing-twelve-month revenue of about 99.6M SEK (latest available figure, as of Jul 17, 2026).
What is the net profit margin of IRIS?
The net profit margin of Irisity AB is about -175.0%, 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.