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IRLAB Therapeutics AB (IRLAB-A) Fair Value & Analysis

Healthcare · SE · Market cap 121M SEK

IT IRLAB Therapeutics AB IRLAB-A · ST
Pricekr 1.26
Fair Valuekr 0.4420
Upside-64.9%
Quality24/100
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Evidence: Low Range kr 0.2465 – kr 0.6120 📤 Share as image

Fair value as of: Jul 13, 2026

From 3 valuation models · updated 8 days ago

Share price +1.1% over the past month.

Price vs Fair Value (12 months)

kr 3.63 kr 1.20 Fair Value kr 0.4420 Jul 2025 Jul 2026

12‑month range kr 1.20 – kr 3.63 · fair‑value band kr 0.2465 – kr 0.6120 · the kr 1.26 price screens above the kr 0.4420 fair value. As of Jul 13, 2026.

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Analysis

IRLAB Therapeutics AB (IRLAB-A) currently trades at kr 1.26, while our model-based Fair Value estimate is kr 0.4420, implying the stock looks roughly 64.9% overvalued today. We read business quality at 24/100 (below-average quality), in the Healthcare 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: low).

Over the trailing twelve months, IRLAB Therapeutics AB generated revenue of 92.5M SEK at a net margin of -72.4%. The balance sheet holds a net cash position of 51.9M SEK. Fundamentals as of Jul 13, 2026

Our scenario range runs from kr 0.2465 (bear case) to kr 0.6120 (bull case); at kr 1.26, the current price sits above that range. For context, the median of 10 Healthcare peers we cover trades at -27% fair-value upside, at -65%, IRLAB-A screens richer than that median.

Key figures & financial health

Revenue (TTM) 92.5M SEK
Revenue growth (YoY) +803%
Net margin -72.4%
Return on equity -301%
Free cash flow −55.2M SEK FY2025
Operating margin 27.3%
More key figures
EPS (TTM) kr -0.8600
Net cash 51.9M SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 13, 2026. TTM = trailing twelve months.

About the company

IRLAB Therapeutics AB (publ) discovers and develops drugs for the treatment of Parkinson's disease and other central nervous system (CNS) disorders in the United States. The company develops Mesdopetam (IRL790), which has completed both a Phase IIb clinical trial for the treatment of levodopa-induced dyskinesias, and a Phase I clinical trial for the treatment of Parkinson's disease psychosis; Pirepemat (IRL752), which is in a Phase IIB clinical trial to reduce the risk of falling and falls in Parkinson's disease, and in a Phase IIA clinical trial for dementia in Parkinson's disease; and IRL757, which is in a Phase I clinical trial for the treatment of apathy in Parkinson's and other neurological disorders. It is also developing products in the preclinical stage, such as IRL942, an oral tablet for the treatment of cognitive deficits in Parkinson's and other neurological disorders; and IRL1117, an oral treatment for the hallmark symptoms of Parkinson's. In addition, the company …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

IRLAB Therapeutics AB reported revenue of kr 57.5M in FY2025 versus kr 208M in FY2021, a compound −27.5%/yr. Reported net income was −kr 110M in FY2025.

Revenue −27.5%/yr
FY21 kr 208M
FY22 kr 61.1M
FY23 kr 5.7M
FY24 kr 94.6M
FY25 kr 57.5M
Net income
FY21 kr 51.8M
FY22 −kr 114M
FY23 −kr 178M
FY24 −kr 83.1M
FY25 −kr 110M

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Cite: Fair Value Calculator (2026). "IRLAB Therapeutics AB Fair Value". https://www.fairvalue-calculator.com/stock/IRLAB-A

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Frequently asked questions

Is IRLAB Therapeutics AB (IRLAB-A) undervalued?
As of Jul 13, 2026, our model estimates a fair value of kr 0.4420 versus a price of kr 1.26, about −65% (overvalued). Model-based estimate, not financial advice.
What is the fair value of IRLAB-A?
Our model-based fair value for IRLAB Therapeutics AB is kr 0.4420 (as of Jul 13, 2026), built from audited fundamentals. The current price is kr 1.26.
What is the quality score of IRLAB-A?
IRLAB Therapeutics AB has a Quality Score of 24/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of IRLAB Therapeutics AB (IRLAB-A)?
IRLAB Therapeutics AB reported trailing-twelve-month revenue of about 92.5M SEK (latest available figure, as of Jul 13, 2026).
What is the net profit margin of IRLAB-A?
The net profit margin of IRLAB Therapeutics AB is about -72.4%, 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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