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Magle Chemoswed Holding Ab (MAGLE) Fair Value & Analysis

Healthcare · SE · Market cap 20.9M SEK (≈ $2.2M) · ISIN SE0014401014

MC Magle Chemoswed Holding Ab MAGLE · ST
Pricekr 0.3640
Fair Valuekr 0.6600
Upside+81.3%
Quality23/100
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Strengths

Trades 45% below our fair value of kr 0.6600

Risks

!Expensive Growth (revenue 5y +14.7 %/yr)
!Loss-making · -66.1% net margin
!Moderate debt · negative free cash flow
!Trails peers (1/8)
Expensive Growth (revenue 5y +14.7 %/yr)
Loss-making · -66.1% net margin
Moderate debt · negative free cash flow
Trails peers (1/8)
Narrow moat 0/100
Evidence: Low Range kr 0.4900 – kr 0.9900 Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 15 days ago

Fair value updated Aug 13, 2026, revised from kr 1.30 to kr 0.6600 (−49.1%) since Jul 13, 2026. Share price −32.6% over the past month.

Below-average quality, trading 45% below our fair value.

What runs behind every stock

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

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What matters now

  • The large discount to fair value meets weak quality (23/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (kr 0.4900). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (kr 0.4900 to kr 0.9900) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

kr 46.00 kr 0.3640 Fair Value kr 0.6600 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range kr 0.3640 – kr 46.00 · fair‑value band kr 0.4900 – kr 0.9900 · the kr 0.3640 price screens below the kr 0.6600 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Magle Chemoswed Holding Ab (MAGLE) currently trades at kr 0.3640, while our model-based Fair Value estimate is kr 0.6600, implying the stock looks roughly 81.3% undervalued today. The Quality Score stands at 23/100 (below-average quality), in the Healthcare sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Over the trailing twelve months, Magle Chemoswed Holding Ab generated revenue of 288M SEK at a net margin of -55.6%. Revenue declined 14.5% year over year. It earns a return on equity of -33.4%. Net debt stands at 333M SEK. Fundamentals as of Aug 13, 2026

Our scenario range runs from kr 0.4900 (bear case) to kr 0.9900 (bull case); at kr 0.3640, the current price sits below 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. For context, the median of 10 Healthcare peers we cover trades at -59% fair-value upside, at 81%, MAGLE 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
NCAV (Graham) kr 3.45 kr 4.63 kr 6.91 50
All 1 models by family
Asset-Based
NCAV (Graham) kr 3.45 kr 4.63 kr 6.91 50

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Key figures & financial health

P/S ratio 0.07 TTM
EPS (TTM) kr -13.23
Net margin -56.5% FY2025
Return on equity -33.4% TTM
Return on assets (EBIT) 0.2% avg 5y
Operating margin -159% TTM
More key figures
Growth
Revenue (TTM) 288M SEK TTM
Revenue growth (YoY) -14.5% 3y avg +24.8%
EPS growth (YoY) -83.1%
Balance sheet & cash flow
Free cash flow −31.9M SEK FY2025
Net debt 333M SEK FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 23/100

Of which business quality 28 · Market factors (momentum, volatility) 15

Profitability 12
Margins and returns on capital today
Quality Growth 36
Are margins and returns improving?
Cashflow 25
Earnings quality: real cash, not paper profit
Fin. Strength 31
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 49
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 37
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

Magle Chemoswed Holding AB (publ), together with its subsidiaries, engages in research and development of pharmaceutical and medical device products in Sweden.

Full company description

Magle Chemoswed Holding AB (publ), together with its subsidiaries, engages in research and development of pharmaceutical and medical device products in Sweden. It provides warfarin sodium products used as anticoagulants for multiple indications; melperone hydrochloride, which is an antipsychotic agent; isradipine, a calcium channel blocker used to treat hypertension; and benserazide hydrochloride, which is used in combination with L-Dopa in the treatment of Parkinson's disease. The company also offers EmboCept S, a microsphere-based medical device used in vascular occlusion of liver and lung tumors; SmartGel, a non-allergenic hydrogel based on the company's microsphere technology; and SmartPAN, a medical device for the detection of pancreatic fluid leakage during open or minimally invasive surgical procedures. In addition, it is developing EmboCept M for the treatment of benign prostatic hyperplasia; EmboCept L for the treatment of uterine fibroids; SmartGel II, an advanced wound care hydrogel for the removal and prevention of wound biofilm; and SmartBone, an advanced formulation of microspheres in combination with active ingredients for stimulation of bone growth in surgical implant procedures. The company was founded in 1944 and is based in Malmö, Sweden. Magle Chemoswed Holding AB (publ) is a subsidiary of Magle AB.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Magle Chemoswed Holding Ab reported revenue of kr 283M in FY2025 versus kr 132M in FY2021, a compound +21.0%/yr. Reported net income was −kr 160M in FY2025.

Growth Quality 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
283M SEK
Latest YoY
+19.9%
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.
+24.8%
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.
+14.7%
Avg. revenue growth/yr (8Y) 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.
+12.2%
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 +21.0%/yr
FY21 kr 132M
FY22 kr 146M
FY23 kr 170M
FY24 kr 236M
FY25 kr 283M
Net income
FY21 kr 4.3M
FY22 kr 9.1M
FY23 kr 12.2M
FY24 kr 11.9M
FY25 −kr 160M

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Cite: Fair Value Calculator (2026). "Magle Chemoswed Holding Ab Fair Value". https://www.fairvalue-calculator.com/stock/MAGLE

Peer Group

Biotechnology · 637 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 28 · Bottom 25%
Fair Value upside +81% · Top 25%
Return on assets -10% · Below median
Net margin (TTM) -66% · Bottom 25%
Operating margin (TTM) -26% · Bottom 25%
Revenue growth -17% · Bottom 25%
Debt / equity 0.73× · Higher 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 0
FUTURE0 · sector 0
PAST0 · sector 0
HEALTH63 · sector 98
DIVIDEND0 · sector 26

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 Biotechnology stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Vertex Pharmaceuticals Incorporated VRTX $547.29 $278.78 -49%
Regeneron Pharmaceuticals, Inc REGN $814.79 $594.40 -27%
argenx SE ARGX €877.60 €292.84 -67%
Samsung Biologics Co 207940 1,594,000 KRW 1,055,793 KRW -34%
Alnylam Pharmaceuticals, Inc ALNY $228.61 $51.70 -77%
Royalty Pharma plc RPRX $60.58 $24.22 -60%
Celltrion, Inc 068270 202,000 KRW 74,519 KRW -63%
BeOne Medicines AG ONC $362.51 $111.35 -69%
BioNTech SE BNTX $112.56 $45.75 -59%
Incyte Corporation INCY $128.12 $115.79 -10%

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Frequently asked questions

Is Magle Chemoswed Holding Ab (MAGLE) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of kr 0.6600 versus a price of kr 0.3640, about +81% (undervalued).
What is the fair value of MAGLE?
Our model-based fair value for Magle Chemoswed Holding Ab is kr 0.6600 (as of Aug 13, 2026), built from audited fundamentals. The current price: kr 0.3640.
What is the quality score of MAGLE?
Magle Chemoswed Holding Ab has a Quality Score of 23/100. 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 Magle Chemoswed Holding Ab (MAGLE)?
Magle Chemoswed Holding Ab reported trailing-twelve-month revenue of about 288M SEK (latest available figure, as of Aug 13, 2026).
What is the net profit margin of MAGLE?
The net profit margin of Magle Chemoswed Holding Ab is about -55.6%, 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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