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MAG Interactive AB (MAGI) Fair Value & Analysis

Communication Services · SE · Market cap 198M SEK

MI MAG Interactive AB MAGI · ST
Pricekr 7.44
Fair Valuekr 5.10
Upside-31.5%
Quality51/100
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Evidence: Medium Range kr 4.53 – kr 5.67

Fair value as of: Jul 16, 2026

From 11 valuation models · updated today

Fair value updated Jul 16, 2026, revised from kr 29.42 to kr 5.10 (−82.7%) since Jun 24, 2026. Share price +8.8% over the past month.

Price vs Fair Value (12 months)

kr 16.50 kr 5.02 Fair Value kr 5.10 Jul 2025 Jul 2026

12‑month range kr 5.02 – kr 16.50 · fair‑value band kr 4.53 – kr 5.67 · the kr 7.44 price screens above the kr 5.10 fair value. As of Jul 16, 2026.

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Analysis

MAG Interactive AB (MAGI) currently trades at kr 7.44, while our model-based Fair Value estimate is kr 5.10, implying the stock looks roughly 31.5% overvalued today. We read business quality at 51/100 (solid quality), in the Communication Services 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, MAG Interactive AB generated revenue of 324M SEK at a net margin of -3.7%. Revenue declined 0.6% year over year. It earns a return on equity of -3.9%. The balance sheet holds a net cash position of 74.8M SEK. Fundamentals as of Jul 16, 2026

Our scenario range runs from kr 4.53 (bear case) to kr 5.67 (bull case); at kr 7.44, the current price sits above that range. The share trades about 56% below its 52-week high and 52% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -4% fair-value upside, at -31%, MAGI screens richer than that median.

Key figures & financial health

Revenue (TTM) 324M SEK
Revenue growth (YoY) -0.6%
Net margin -3.7%
Return on equity -3.9%
Free cash flow 54.2M SEK FY2025
Operating margin 1.9%
More key figures
EPS (TTM) kr -0.4600
EPS growth (YoY) -39.8%
Net cash 74.8M SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 16, 2026. TTM = trailing twelve months.

About the company

MAG Interactive AB (publ) develops and publishes mobile games worldwide. It offers casual social games through QuizDuel, Crozzle, Wordzee, Primetime, Word Mansion, Tile Mansion, Ruzzle, Word Domination, and WordBrain, as well as Wordalot, word games, and trivia. The company distributes its games through digital app stores. MAG Interactive AB (publ) was incorporated in 2010 and is headquartered in Stockholm, Sweden.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

MAG Interactive AB reported revenue of kr 276M in FY2025 versus kr 287M in FY2021, a compound −1.0%/yr. Reported net income was −kr 9.4M in FY2025.

Revenue −1.0%/yr
FY21 kr 287M
FY22 kr 328M
FY23 kr 362M
FY24 kr 283M
FY25 kr 276M
Net income
FY21 kr 7.0M
FY22 kr 11.3M
FY23 kr 561K
FY24 −kr 3.2M
FY25 −kr 9.4M

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Cite: Fair Value Calculator (2026). "MAG Interactive AB Fair Value". https://www.fairvalue-calculator.com/stock/MAGI

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Frequently asked questions

Is MAG Interactive AB (MAGI) undervalued?
As of Jul 16, 2026, our model estimates a fair value of kr 5.10 versus a price of kr 7.44, about −31% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MAGI?
Our model-based fair value for MAG Interactive AB is kr 5.10 (as of Jul 16, 2026), built from audited fundamentals. The current price is kr 7.44.
What is the quality score of MAGI?
MAG Interactive AB has a Quality Score of 51/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of MAG Interactive AB (MAGI)?
MAG Interactive AB reported trailing-twelve-month revenue of about 324M SEK (latest available figure, as of Jul 16, 2026).
What is the net profit margin of MAGI?
The net profit margin of MAG Interactive AB is about -3.7%, 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.