EN DE

Kjell Group (KJELL) Fair Value & Analysis

Technology · SE · Market cap 1.6B SEK

KG Kjell Group KJELL · ST
Pricekr 14.40
Fair Valuekr 3.20
Upside-77.8%
Quality32/100
Watch Kjell Group for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Loss-making · -17.5% net margin
Low debt · generates free cash flow
Trails peers (3/11)
Narrow moat 11/100
Evidence: Medium Range kr 0.8245 – kr 5.58 Share as image

Fair value as of: Jul 12, 2026

From 10 valuation models · updated 29 days ago

Share price −11.7% over the past month.

Below-average quality, and screening another 78% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 5.58). The favourable scenario is already priced in.
  • Weak quality (32/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (kr 0.8245 to kr 5.58). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

kr 70.20 kr 7.40 Fair Value kr 3.20 Sep 2021 Aug 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

59‑month range kr 7.40 – kr 70.20 · fair‑value band kr 0.8245 – kr 5.58 · the kr 14.40 price screens above the kr 3.20 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Kjell Group (KJELL) currently trades at kr 14.40, while our model-based Fair Value estimate is kr 3.20, implying the stock looks roughly 77.8% overvalued today. The Quality Score stands at 32/100 (below-average quality), in the Technology 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: medium).

Over the trailing twelve months, Kjell Group generated revenue of 2.3B SEK at a net margin of -17.5%. Revenue declined 13.2% year over year. It earns a return on equity of -42.0%. Net debt stands at 708M SEK. Fundamentals as of Jul 12, 2026

Our scenario range runs from kr 0.8245 (bear case) to kr 5.58 (bull case); at kr 14.40, 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 near its 52-week high and 88% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -16% fair-value upside, at -78%, KJELL screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted 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.

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
Growth DCF kr 10.05 kr 11.84 kr 14.88 80
Rev-Margin DCF kr 9.88 kr 13.02 kr 17.02 74
EV/EBITDA kr 11.25 kr 14.05 kr 16.85 54
All 10 models by family
DCF Models
FCF DCF kr 9.85 kr 11.73 kr 15.20 38
5Y Revenue Exit kr 9.88 kr 12.84 kr 17.31 39
5Y EBITDA Exit kr 9.98 kr 13.02 kr 17.19 41
10Y Revenue Exit kr 9.64 kr 12.02 kr 14.68 36
10Y EBITDA Exit kr 9.87 kr 12.13 kr 14.61 37
Multiples
EV/EBITDA kr 11.25 kr 14.05 kr 16.85 54
EV/Revenue kr 10.49 kr 13.76 kr 17.03 43
Asset-Based
NCAV (Graham) kr 4.10 kr 5.50 kr 8.21 50
Growth DCF
Growth DCF kr 10.05 kr 11.84 kr 14.88 80
Rev-Margin DCF kr 9.88 kr 13.02 kr 17.02 74

Widest divergence: Multiples (kr 13.76) versus Asset-Based (kr 5.50). Highest evidence: Growth DCF (80).

Notify me when KJELL reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 2.3B SEK
Revenue growth (YoY) -13.2%
Net margin -17.5%
Return on equity -42.0%
Free cash flow 80.0M SEK FY2025
Operating margin -5.4%
More key figures
EPS (TTM) kr -6.56
EPS growth (YoY) +26.7%
Net debt 708M SEK FY2025

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

Quality Score breakdown

Overall quality 32/100

Of which business quality 34 · Market factors (momentum, volatility) 76

Profitability 32
Margins and returns on capital today
Quality Growth 24
Are margins and returns improving?
Cashflow 28
Earnings quality: real cash, not paper profit
Fin. Strength 40
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 28
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 88
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.

About the company

Kjell Group AB (publ) engages in the sale of various consumer electronics accessories in Sweden, Denmark, and Norway. It also provides installation, advisory, and technical support services. The company sells its products through own stores, reseller platforms, sourcing companies, proprietary brands, distribution partners, and online channels.

Full company description

Kjell Group AB (publ) engages in the sale of various consumer electronics accessories in Sweden, Denmark, and Norway. It also provides installation, advisory, and technical support services. The company sells its products through own stores, reseller platforms, sourcing companies, proprietary brands, distribution partners, and online channels. Kjell Group AB (publ) was founded in 1988 and is headquartered in Malmö, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Kjell Group reported revenue of kr 2.4B in FY2025 versus kr 2.4B in FY2021, a compound −0.2%/yr. Reported net income was −kr 388M in FY2025.

Growth Quality 24/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
2.4B SEK
Latest YoY
−7.9%
Avg. 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.
−3.0%
Avg. 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.
+0.6%
Avg. growth/yr (7Y) 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.
+5.0%
Revenue −0.2%/yr
FY21 kr 2.4B
FY22 kr 2.6B
FY23 kr 2.6B
FY24 kr 2.6B
FY25 kr 2.4B
Net income
FY21 kr 62.4M
FY22 kr 71.2M
FY23 kr 12.4M
FY24 −kr 19.9M
FY25 −kr 388M

KJELL screens 78% overvalued. Compare with Apple Inc →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Kjell Group Fair Value". https://www.fairvalue-calculator.com/stock/KJELL

Peer Group

Consumer Electronics · 129 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 32 · Bottom 25%
Fair Value upside −78% · Bottom 25%
Return on assets -2% · Bottom 25%
Net margin (TTM) -17% · Bottom 25%
Operating margin (TTM) -5% · Below median
Revenue growth -13% · Bottom 25%

Valuation Multiples vs Consumer Electronics median · lower = cheaper

P/B 0.21× · Cheaper than 75% of peers
P/S (TTM) 0.07× · Cheaper than 75% of peers
P/FCF 2.0× · Pricier than median

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.

VALUE 0 · sector 8
FUTURE 0 · sector 13
PAST 0 · sector 10
HEALTH 100 · sector 97
DIVIDEND 0 · sector 29

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Consumer Electronics stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Apple Inc AAPL $313.33 $122.91 -61%
Samsung Electronics Co 005930 255,000 KRW 138,019 KRW -46%
Sony Group SONYN 366.00 MXN 468.94 MXN +28%
Xiaomi Corporation 1810 HK$26.88 HK$39.84 +48%
LG Electronics Inc 066570 179,000 KRW 101,531 KRW -43%
Sharetronic Data Technology Co 300857 ¥277.96 ¥35.89 -87%
Huaqin Co 603296 ¥78.20 ¥65.69 -16%
Goertek Inc 002241 ¥22.25 ¥18.86 -15%
LG Corp 003550 102,400 KRW 93,881 KRW -8%
Anker Innovations Limited 300866 ¥105.92 ¥78.52 -26%

Compare Kjell Group with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Kjell Group (KJELL) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of kr 3.20 versus a price of kr 14.40, about −78% (overvalued).
What is the fair value of KJELL?
Our model-based fair value for Kjell Group is kr 3.20 (as of Jul 12, 2026), built from audited fundamentals. The current price is kr 14.40.
What is the quality score of KJELL?
Kjell Group has a Quality Score of 32/100. 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 Kjell Group (KJELL)?
Kjell Group reported trailing-twelve-month revenue of about 2.3B SEK (latest available figure, as of Jul 12, 2026).
What is the net profit margin of KJELL?
The net profit margin of Kjell Group is about -17.5%, 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.

14 days Pro free · no card

Track Kjell Group and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.