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Litium AB (LITI) Fair Value & Analysis

Technology · SE · Market cap 225M SEK

LA Litium AB LITI · ST
Pricekr 12.30
Fair Valuekr 10.12
Upside-17.8%
Quality42/100
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Mixed Growth
Loss-making · -2.1% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/12)
Narrow moat 19/100
Evidence: Medium Range kr 7.77 – kr 12.47 Share as image

Fair value as of: Jul 12, 2026

From 11 valuation models · updated 29 days ago

Share price +5.6% over the past month.

Below-average quality, and screening another 18% overvalued on our models.

What matters now

  • Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • Our model range runs from kr 7.77 (bear) to kr 12.47 (bull), base kr 10.12. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 42/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

kr 24.30 kr 7.32 Fair Value kr 10.12 May 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

60‑month range kr 7.32 – kr 24.30 · fair‑value band kr 7.77 – kr 12.47 · the kr 12.30 price screens above the kr 10.12 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Litium AB (LITI) currently trades at kr 12.30, while our model-based Fair Value estimate is kr 10.12, implying the stock looks roughly 17.8% overvalued today. The Quality Score stands at 42/100 (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, Litium AB generated revenue of 98.9M SEK at a net margin of -2.7%. Revenue grew 25.3% year over year. It earns a return on equity of -2.7%. The balance sheet holds a net cash position of 16.4M SEK. Fundamentals as of Jul 12, 2026

Our scenario range runs from kr 7.77 (bear case) to kr 12.47 (bull case); at kr 12.30, the current price sits within 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 25% below its 52-week high and 18% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -27% fair-value upside, at -18%, LITI screens cheaper 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 9.73 kr 14.75 kr 21.66 80
Rev-Margin DCF kr 8.82 kr 14.28 kr 21.54 74
EV/EBITDA kr 9.14 kr 11.90 kr 14.67 54
All 11 models by family
DCF Models
FCF DCF kr 9.95 kr 15.93 kr 24.84 38
Owner Earnings kr 8.64 kr 13.75 kr 21.39 31
5Y Revenue Exit kr 8.82 kr 14.38 kr 21.94 39
5Y EBITDA Exit kr 9.02 kr 14.81 kr 22.08 41
10Y Revenue Exit kr 8.94 kr 13.96 kr 21.64 36
10Y EBITDA Exit kr 9.25 kr 14.23 kr 21.75 37
Multiples
EV/EBITDA kr 9.14 kr 11.90 kr 14.67 54
EV/Revenue kr 8.24 kr 11.41 kr 14.58 43
Asset-Based
NCAV (Graham) kr 2.97 kr 3.98 kr 5.95 50
Growth DCF
Growth DCF kr 9.73 kr 14.75 kr 21.66 80
Rev-Margin DCF kr 8.82 kr 14.28 kr 21.54 74

Widest divergence: Growth DCF (kr 14.28) versus Asset-Based (kr 3.98). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 105M SEK
Revenue growth (YoY) +28.4%
Net margin -2.1%
Return on equity -2.3%
Free cash flow 18.3M SEK FY2025
Operating margin -3.4%
More key figures
EPS (TTM) kr -0.1200
EPS growth (YoY) +453%
Net cash 16.4M SEK FY2025

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

Quality Score breakdown

Overall quality 42/100

Of which business quality 49 · Market factors (momentum, volatility) 43

Profitability 11
Margins and returns on capital today
Quality Growth 18
Are margins and returns improving?
Cashflow 90
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 70
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 28
Distance to the 52-week high (market factor)
Net Issuance 2
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

Litium AB (publ) provides solutions for digital commerce through the litium commerce cloud platform in Sweden. The company's products comprise Lithium Ehandel, CMS, PIM, and accelerator, as well as other apps and integrations. It offers its products for B2B, B2C, Brands, D2C, etail, manufacturing, retail, and wholesale segments.

Full company description

Litium AB (publ) provides solutions for digital commerce through the litium commerce cloud platform in Sweden. The company's products comprise Lithium Ehandel, CMS, PIM, and accelerator, as well as other apps and integrations. It offers its products for B2B, B2C, Brands, D2C, etail, manufacturing, retail, and wholesale segments. The company provides solutions such as litium campaigns for growth, customer portal, e-commerce platform for B2B, ERP integration, headless, internationalization, omnichannel, personalization, and security services. Litium AB (publ) was incorporated in 1998 and is headquartered in Stockholm, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Litium AB reported revenue of kr 81.8M in FY2025 versus kr 57.9M in FY2021, a compound +9.0%/yr. Reported net income was −kr 3.3M in FY2025.

Growth Quality 60/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
81.8M SEK
Latest YoY
+13.0%
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.
+8.0%
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.
+11.1%
Avg. growth/yr (12Y) 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.
+9.4%
Revenue +9.0%/yr
FY21 kr 57.9M
FY22 kr 64.9M
FY23 kr 68.9M
FY24 kr 72.3M
FY25 kr 81.8M
Net income
FY21 −kr 12.9M
FY22 −kr 12.5M
FY23 −kr 3.4M
FY24 kr 709K
FY25 −kr 3.3M

LITI screens 18% overvalued. Compare with SAP SE →

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Cite: Fair Value Calculator (2026). "Litium AB Fair Value". https://www.fairvalue-calculator.com/stock/LITI

Peer Group

Software - Application · 709 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 42 · Bottom 25%
Fair Value upside −18% · Above median
Return on assets -1% · Below median
Net margin (TTM) -2% · Below median
Operating margin (TTM) -3% · Below median
Revenue growth 28% · Top 25%

Valuation Multiples vs Software - Application median · lower = cheaper

P/B 0.21× · Cheaper than 75% of peers
P/S (TTM) 0.23× · Cheaper than 75% of peers
P/FCF 1.3× · Cheaper than 75% of peers
EV/EBITDA 6.1× · Cheaper than 75% of peers

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 10 · sector 0
FUTURE 100 · sector 38
PAST 0 · sector 13
HEALTH 100 · sector 98
DIVIDEND 0 · sector 28

Insider activity: 45/100

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 Software - Application stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAPS C$12.69 C$16.26 +28%
Shopify Inc SHOP C$173.23 C$20.54 -88%
Uber Technologies, Inc UBER $72.67 $51.11 -30%
Salesforce, Inc CRM $170.77 $182.10 +7%
ServiceNow, Inc NOW $107.71 $33.12 -69%
Cadence Design Systems, Inc CDNS $384.17 $80.41 -79%
Snowflake Inc SNOW $271.87 $34.04 -87%
Adobe Inc ADBE $230.61 $379.48 +65%
Automatic Data Processing, Inc ADP $241.92 $177.51 -27%
Intuit Inc INTU $291.09 $258.69 -11%

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Frequently asked questions

Is Litium AB (LITI) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of kr 10.12 versus a price of kr 12.30, about −18% (overvalued).
What is the fair value of LITI?
Our model-based fair value for Litium AB is kr 10.12 (as of Jul 12, 2026), built from audited fundamentals. The current price is kr 12.30.
What is the quality score of LITI?
Litium AB has a Quality Score of 42/100. 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 Litium AB (LITI)?
Litium AB reported trailing-twelve-month revenue of about 98.9M SEK (latest available figure, as of Jul 12, 2026).
What is the net profit margin of LITI?
The net profit margin of Litium AB is about -2.7%, 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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