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iZafe Group (IZAFE-B) Fair Value & Analysis

Healthcare · SE · Market cap 155M SEK (≈ $16.2M) · ISIN SE0003656834

What is iZafe Group really worth?

IG iZafe Group IZAFE-B · ST
Pricekr 0.3200
Fair Valuekr 0.1615
Upside−49.5%
Quality17/100

Below-average quality, and trading another 98% above our fair value of kr 0.1615.

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Risks

!Weak Growth (revenue 5y −7.6 %/yr)
!Low debt · negative free cash flow
!Mixed vs. peers (4/8)
!Narrow moat 4/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range kr 0.0850 – kr 0.2465

Fair value as of: Jul 12, 2026

From 1 valuation models · updated 54 days ago

Share price −13.5% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (kr 0.2465). The favourable scenario is already priced in.
  • Weak quality (17/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (kr 0.0850 to kr 0.2465). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Price vs Fair Value (5 years)

kr 2.62 kr 0.1840 Fair Value kr 0.1615 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range kr 0.1840 – kr 2.62 · fair‑value band kr 0.0850 – kr 0.2465 · the kr 0.3200 price screens above the kr 0.1615 fair value. Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

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Analysis

iZafe Group (IZAFE-B) currently trades at kr 0.3200, while our model-based Fair Value estimate is kr 0.1615, implying the stock looks roughly 98.1% overvalued today. The Quality Score stands at 17/100 (below-average quality), in the Healthcare sector. How firm this estimate is: it rests on 1 models at a data quality of 95/100, which puts the evidence level at low.

Trailing-twelve-month revenue stands at 7.1M SEK. Revenue grew 83.5% year over year. The balance sheet holds a net cash position of 1.6M SEK. Fundamentals as of Jul 12, 2026

Our scenario range runs from kr 0.0850 (bear case) to kr 0.2465 (bull case); at kr 0.3200, 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 about 60% below its 52-week high and 39% above its 52-week low, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at −46% fair-value upside, at −50%, IZAFE-B screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

Model 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. Evidence
Highest evidence
NCAV (Graham) best evidence kr 0.0100 kr 0.0200 kr 0.0300 52
All 1 models by family
Asset-Based
NCAV (Graham) best evidence kr 0.0100 kr 0.0200 kr 0.0300 52

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Key figures & financial health

P/S ratio 21.8 TTM
EPS (TTM) kr −0.0600
Net margin −274% TTM
Return on equity −105% TTM
Return on assets (EBIT) −69.9% avg 5y
Operating margin −243% TTM
More key figures
Growth
Revenue (TTM) 7.1M SEK TTM
Revenue growth (YoY) +83.5% 3y avg +102%
Balance sheet & cash flow
Free cash flow −14.6M SEK FY2025
Net cash 1.6M SEK FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 17/100

Of which business quality 20 · Market factors (momentum, volatility) 28

Profitability 0
Margins and returns on capital today
Quality Growth 20
Are margins and returns improving?
Cashflow 8
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 16
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

iZafe Group AB (publ), a medical technology company, engages in the research, development, and marketing of digital medical solutions and services for safer drug management at home.

Full company description

iZafe Group AB (publ), a medical technology company, engages in the research, development, and marketing of digital medical solutions and services for safer drug management at home. The company provides Dosell, an automated medication dispenser that handles medication pouches, smart pillboxes, facilitates and enables independent medication, and reminds and alerts in the scheduled doses. It also offers Pilloxa, a platform that provides real-time insights and improved data quality to empower and motivate patients. The company was formerly known as MediRätt AB (publ) and changed its name to iZafe Group AB (publ) in May 2019. iZafe Group AB (publ) was incorporated in 2008 and is headquartered in Stockholm, Sweden.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

iZafe Group reported revenue of 6.0M SEK in FY2025 versus 442K SEK in FY2021, a compound +91.9%/yr. Reported net income was −16.7M SEK in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
6.0M SEK
Latest YoY
−24.7%
Avg. revenue growth/yr (3Y) 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.
+101.8%
Avg. revenue growth/yr (5Y) 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.
−7.6%
Avg. revenue growth/yr (15Y) 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.
+63.5%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +91.9%/yr
FY21 442K SEK
FY22 729K SEK
FY23 1.8M SEK
FY24 8.0M SEK
FY25 6.0M SEK
Net income
FY21 −36.3M SEK
FY22 −23.5M SEK
FY23 −32.2M SEK
FY24 −20.5M SEK
FY25 −16.7M SEK

IZAFE-B screens 98% overvalued. Compare with Intuitive Surgical, Inc →

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Cite: Fair Value Calculator (2026). "iZafe Group Fair Value". https://www.fairvalue-calculator.com/stock/IZAFE-B

Peer Group

Medical Instruments & Supplies · 194 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.

Quality Score 20 · Bottom 25%
Fair Value upside −50% · Below median
Return on assets −32% · Bottom 25%
Revenue growth 84% · Top 25%

Valuation Multiples vs Medical Instruments & Supplies median · lower = cheaper

P/B 1.38× · Cheaper than median
P/S (TTM) 2.28× · Cheaper than median

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 0
FUTURE100 · sector 29
PAST0 · sector 26
HEALTH100 · sector 96
DIVIDEND0 · sector 30

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.

None of the checked exposures detected

Similar stocks

10 more Medical Instruments & Supplies stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Intuitive Surgical, Inc ISRG $367.07 $150.04 −59%
EssilorLuxottica Société anonyme EL €160.35 €94.93 −41%
Medline Inc MDLN $36.59 $30.15 −18%
Becton, Dickinson and Company BDX $187.12 $100.46 −46%
Alcon Inc ALC $72.23 $39.78 −45%
ResMed Inc RMD A$33.19 A$26.23 −21%
West Pharmaceutical Services, Inc WST $337.47 $141.58 −58%
Sartorius Stedim Biotech S.A DIM €197.70 €48.88 −75%
Straumann Holding STMN CHF 97.38 CHF 47.31 −51%
Sartorius Aktiengesellschaft SRT3 €253.50 €63.30 −75%

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Frequently asked questions

Is iZafe Group (IZAFE-B) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of kr 0.1615 versus a price of kr 0.3200, about −50% upside (overvalued).
What is the fair value of IZAFE-B?
Our model-based fair value for iZafe Group is kr 0.1615 (as of Jul 12, 2026), built from audited fundamentals. The current price: kr 0.3200.
What is the quality score of IZAFE-B?
iZafe Group has a Quality Score of 17/100. 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 revenue of iZafe Group (IZAFE-B)?
iZafe Group reported trailing-twelve-month revenue of about 7.1M SEK (latest available figure, as of Jul 12, 2026).
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