Klimator AB (KLIMAT) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Klimator AB SEK 0.76, price SEK 3.81, upside -80.1%, quality 47 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range kr 1.11 – kr 18.72 · fair‑value band kr 0.5270 – kr 0.9265 · the kr 3.81 price screens above the kr 0.7565 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
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Klimator AB (publ), a software company, provides road weather information solutions to the winter maintenance and automotive markets in Sweden and internationally.
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Klimator AB (publ), a software company, provides road weather information solutions to the winter maintenance and automotive markets in Sweden and internationally. The company offers Road Condition Data (RCD), a cloud-based data-as-a service platform that provides insights on current and future road weather; and Road Status Information (RSI), a digital software-as-a-service application, which offers detailed forecasts for roads, bike paths, and pedestrian walkways. It also provides AHEAD, a sensor technology that analyses road conditions and friction in front of a moving vehicle in real-time; and Road Weather Station, an IoT platform, which provides real-time information on how weather impacts local road conditions. The company was founded in 1999 and is based in Gothenburg, Sweden.
Stock analysis
Klimator AB (KLIMAT) currently trades at kr 3.81, while our model-based Fair Value estimate is kr 0.7565, implying the stock looks roughly 403.5% overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of kr 0.8900 per share, and 0 of the 14 models we run sit above the kr 3.81 price.
Bear case: the Asset-Based group reads lowest at kr 0.2000, and 14 of the 14 models stay below the price. Evidence for this calculation is low.
Scenario range: kr 0.5270 (bear) to kr 0.9265 (bull), the price of kr 3.81 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 47/100 (below-average quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Klimator AB reported revenue of 36.3M SEK in FY2025 versus 16.4M SEK in FY2021, a compound +21.9%/yr. Reported net income was 892K SEK in FY2025.
Key figures
Market cap 134M SEK (≈ $13.5M) · P/S ratio 3.71 · Net margin 2.5% · Return on equity −5.9% · Return on assets (EBIT) −51.2% · Operating margin −22.0% · Revenue (TTM) 37.0M SEK · Revenue growth (YoY) +1.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 44 out of 100 (low confidence).
What moves the price
The share trades about 10% below its 52-week high and 11% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −14% fair-value upside, at −80%, KLIMAT screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (kr 0.2000 to kr 1.82). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear kr 0.5270Fair Value kr 0.7565Bull kr 0.9265
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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 ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+37.6%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+22.3%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+38.5%
Start year 2020 (pandemic)
Revenue growth 7 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+17.7%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−16.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−16.9%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−104% → 6%
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Software - Application · 721 stocks
Beats the industry median on 4/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score47 · Below median
Fair Value upside−80% · Bottom 25%
Profitability
Return on assets3% · Above median
Net margin (TTM)−1% · Below median
Operating margin (TTM)−22% · Bottom 25%
Growth and dividend
Revenue growth1% · Below median
Balance sheet
Debt / equity0.11× · Above median
Valuation Multiplesvs Software - Application median · lower = cheaper
P/B1.26× · Cheaper than median
P/S (TTM)0.36× · Cheapest 25%
EV/EBITDA1.3× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 27
FUTURE (revenue growth)5· sector 38
PAST (return on equity)0· sector 16
HEALTH (low debt)95· sector 97
DIVIDEND (yield)0· sector 30
VALUE 0: the price sits above our fair-value range.
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). "Klimator AB Fair Value". https://www.fairvalue-calculator.com/stock/KLIMAT
Frequently asked questions
Is Klimator AB (KLIMAT) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of kr 0.7565 versus a price of kr 3.81, about −80% upside (overvalued).
What is the fair value of KLIMAT?
Our model-based fair value for Klimator AB is kr 0.7565 (as of Sep 24, 2026), built from audited fundamentals. The current price: kr 3.81.
What is the quality score of KLIMAT?
Klimator AB has a Quality Score of 47/100. 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 price target for Klimator AB (KLIMAT)?
Our model-based price target is the fair value of kr 0.7565 (as of Sep 24, 2026) from 14 valuation models. Cautious scenario kr 0.5270, optimistic scenario kr 0.9265. It is a calculation from audited fundamentals, not an analyst target.
What is the Klimator AB stock forecast for 2026?
Our models put fair value at kr 0.7565, about −80% upside versus a price of kr 3.81 (overvalued). Cautious scenario kr 0.5270, optimistic scenario kr 0.9265. The calculation is refreshed regularly with new filings.
What is the revenue of Klimator AB (KLIMAT)?
Klimator AB reported trailing-twelve-month revenue of about 37.0M SEK (latest available figure, as of Sep 24, 2026).
What is the intrinsic value of Klimator AB (KLIMAT)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Klimator AB it is kr 0.7565 per share (as of Sep 24, 2026), against a price of kr 3.81. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Klimator AB stock overvalued or undervalued in 2026?
As of Sep 24, 2026, KLIMAT trades above its calculated fair value: price kr 3.81, fair value kr 0.7565, a gap of about −80% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of KLIMAT?
No. The price is what the market pays today (kr 3.81); the fair value is what the company's own numbers justify (kr 0.7565). For Klimator AB the two are kr 3.05 per share apart. That gap is exactly why we show both numbers side by side.
How much is Klimator AB worth?
The market values Klimator AB at about 134M SEK (market capitalisation, as of Sep 24, 2026). Per share that is kr 3.81; our models calculate a fair value of kr 0.7565 per share.
What do the bullish and bearish scenarios say about KLIMAT?
Our models span a range for Klimator AB: cautious scenario kr 0.5270, base kr 0.7565, optimistic kr 0.9265 per share (as of Sep 24, 2026, price kr 3.81). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Klimator AB (KLIMAT)?
Balance-sheet figures for Klimator AB (as of Sep 24, 2026): return on equity −5.9%, debt of 0.11 per unit of equity. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is KLIMAT from its 52-week high?
Klimator AB trades at kr 3.81, about 10% below its 52-week high of kr 4.24 and 11% above the low of kr 3.42 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of kr 0.7565 is for.
Which stocks are comparable to Klimator AB?
From the same area (Technology) we also value SAP SE, Shopify Inc, Uber Technologies, Inc, Salesforce, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Klimator AB stock attractive at the current price?
The data as of Sep 24, 2026: price kr 3.81, calculated fair value kr 0.7565 (−80%), Quality Score 47/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of KLIMAT calculated?
We run Klimator AB through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of kr 0.7565, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0 % above its aggregate fair value. Klimator AB itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Klimator AB (KLIMAT)?
The closing price on Sep 24, 2026 was kr 3.81. Our model-based fair value is kr 0.7565, about −80% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Klimator AB right now?
The price sits above even our optimistic bull case (kr 0.9265). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Klimator AB
How large is the market capitalisation of Klimator AB (KLIMAT)?
The market capitalisation of Klimator AB is 134M SEK (≈ $13.5M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Klimator AB (KLIMAT)?
The price-to-sales ratio of Klimator AB is 3.71 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the net margin of Klimator AB (KLIMAT)?
The net margin of Klimator AB is 2.5% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Klimator AB (KLIMAT)?
The return on equity (ROE) of Klimator AB is −5.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Klimator AB (KLIMAT)?
On an EBIT basis the return on assets of Klimator AB is −51.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Klimator AB (KLIMAT)?
The operating margin of Klimator AB is −22.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Klimator AB (KLIMAT)?
Revenue at Klimator AB is growing +1.0% versus a year earlier (3y avg +22.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Klimator AB (KLIMAT)?
Earnings per share at Klimator AB are growing +109% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Klimator AB (KLIMAT) generate?
The free cash flow of Klimator AB is −3.1M SEK (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Klimator AB (KLIMAT) carry?
The net debt of Klimator AB is 8.2M SEK (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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