Maha Energy AB (publ) (MAHA-A) fair value: what the stock is really worth
As of Jul 17, 2026: fair value of Maha Energy AB (publ) SEK 2.61, price SEK 10.26, upside -74.6%, quality 38 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Maha Energy AB (publ) for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
Maha Capital AB, a fintech company, operates a digital credit platform focused on B2B payments and embedded working capital solutions in Mexico, Brazil, Canada, and Latin America.
Show more
Maha Capital AB, a fintech company, operates a digital credit platform focused on B2B payments and embedded working capital solutions in Mexico, Brazil, Canada, and Latin America. It operates a unified digital ecosystem that enables buyers and suppliers to interact through complementary solutions designed to improve liquidity, security, transparency, and efficiency in corporate payables and expense management. The company also offers digital B2B payment platforms, such as WorKEO that enable flexible payment terms and optimize working capital cycles, as well as proprietary technology and card issuer services supporting cross-border payments and credit underwriting. In addition, the company is involved in the oil related business. It serves corporate and mid-market customers. The company was formerly known as Maha Energy AB (publ) and changed its name to Maha Capital AB (publ) in August 2025. Maha Capital AB was founded in 2013 and is headquartered in Stockholm, Sweden.
Stock analysis
Maha Energy AB (publ) (MAHA-A) currently trades at kr 10.26, while our model-based Fair Value estimate is kr 2.61, 74.6% below the price, so the stock looks overvalued today.
Show more
Valuation
How firm this estimate is: it rests on 1 models at a data quality of 95/100, which puts the evidence level at low.
Scenario range: kr 1.72 (bear) to kr 3.26 (bull), the price of kr 10.26 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 38/100 (below-average quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Maha Energy AB (publ) reported revenue of $0 in FY2025 versus $68.3M in FY2021. Reported net income was −$26.3M in FY2025.
Our AI-assisted moat analysis scores the competitive advantage at 27 out of 100 (low confidence).
What moves the price
The share trades about 34% below its 52-week high and 183% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −24% fair-value upside, at −75%, MAHA-A screens richer than that median.
Fair Value models
Bear kr 1.72Fair Value kr 2.61Bull kr 3.26
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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.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.0/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+62.5%
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.
−50.1%
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.
−31.3%
Revenue growth 10 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.
+19.6%
’14
’15
’17
’18
’19
’20
’21
’22
’23
’24
Profit margin (trend) ⓘ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.
52.5% (2019) → −113.6% (2024)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Aerospace & Defense · 232 stocks
Beats the industry median on 1/9 measures
Overall it trails its industry peers.
Valuation
Quality Score41 · Bottom 25%
Fair Value upside−74.6% · Bottom 25%
Profitability
Return on assets−3.5% · Bottom 25%
Operating margin (TTM)0.0% · Bottom 25%
Growth and dividend
Revenue growth−34.6% · Bottom 25%
Balance sheet
Debt / equity0.16× · Above median
Valuation Multiplesvs Aerospace & Defense median · lower = cheaper
P/B3.15× · Cheaper than median
P/S (TTM)53.08× · Priciest 25%
EV/EBITDA76.1× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 60
PAST (return on equity)0· sector 39
HEALTH (low debt)92· sector 93
DIVIDEND (yield)0· sector 19
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). "Maha Energy AB (publ) Fair Value". https://www.fairvalue-calculator.com/stock/MAHA-A
Frequently asked questions
Is Maha Energy AB (publ) (MAHA-A) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of kr 2.61 versus the last price from Jul 17, 2026 of kr 10.26, about −75% upside (overvalued).
What is the fair value of MAHA-A?
Our model-based fair value for Maha Energy AB (publ) is kr 2.61 (as of Sep 24, 2026), built from audited fundamentals. Last price (from Jul 17, 2026): kr 10.26.
What is the quality score of MAHA-A?
Maha Energy AB (publ) has a Quality Score of 38/100. 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 Maha Energy AB (publ) (MAHA-A)?
Our model-based price target is the fair value of kr 2.61 (as of Sep 24, 2026) from 1 valuation models. Cautious scenario kr 1.72, optimistic scenario kr 3.26. It is a calculation from audited fundamentals, not an analyst target.
What is the Maha Energy AB (publ) stock forecast for 2026?
Our models put fair value at kr 2.61, about −75% upside versus the last price from Jul 17, 2026 of kr 10.26 (overvalued). Cautious scenario kr 1.72, optimistic scenario kr 3.26. The calculation is refreshed regularly with new filings.
What is the revenue of Maha Energy AB (publ) (MAHA-A)?
Maha Energy AB (publ) reported trailing-twelve-month revenue of about 5.8M SEK (latest available figure, as of Sep 24, 2026).
What is the intrinsic value of Maha Energy AB (publ) (MAHA-A)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Maha Energy AB (publ) it is kr 2.61 per share (as of Sep 24, 2026), against a price of kr 10.26. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Maha Energy AB (publ) stock overvalued or undervalued in 2026?
As of Sep 24, 2026, MAHA-A trades above its calculated fair value: price kr 10.26, fair value kr 2.61, a gap of about −75% (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 MAHA-A?
No. The price is what the market pays today (kr 10.26); the fair value is what the company's own numbers justify (kr 2.61). For Maha Energy AB (publ) the two are kr 7.65 per share apart. That gap is exactly why we show both numbers side by side.
How much is Maha Energy AB (publ) worth?
The market values Maha Energy AB (publ) at about 3.1B SEK (market capitalisation, as of Sep 24, 2026). Per share that is kr 10.26; our models calculate a fair value of kr 2.61 per share.
What do the bullish and bearish scenarios say about MAHA-A?
Our models span a range for Maha Energy AB (publ): cautious scenario kr 1.72, base kr 2.61, optimistic kr 3.26 per share (as of Sep 24, 2026, price kr 10.26). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Maha Energy AB (publ) (MAHA-A)?
Balance-sheet figures for Maha Energy AB (publ) (as of Sep 24, 2026): return on equity −17.4%, debt of 0.16 per unit of equity. They feed the Quality Score of 38/100, which measures business quality independently of the share price.
How far is MAHA-A from its 52-week high?
Maha Energy AB (publ) trades at kr 10.26, about 34% below its 52-week high of kr 15.60 and 183% above the low of kr 3.63 (as of Jul 17, 2026). Distance from the high says nothing about value: that is what the fair value of kr 2.61 is for.
Which stocks are comparable to Maha Energy AB (publ)?
From the same area (Industrials) we also value General Electric Company, RTX Corporation, Airbus SE, Lockheed Martin Corporation, 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 Maha Energy AB (publ) stock attractive at the current price?
The data as of Sep 24, 2026: price kr 10.26, calculated fair value kr 2.61 (−75%), Quality Score 38/100, from 1 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 MAHA-A calculated?
We run Maha Energy AB (publ) through 1 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 2.61, 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 14.5 % above its aggregate fair value. Maha Energy AB (publ) 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 Maha Energy AB (publ) (MAHA-A)?
The latest price we hold is from Jul 17, 2026 and stands at kr 10.26. Our model-based fair value is kr 2.61, about −75% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Maha Energy AB (publ) right now?
The price sits above even our optimistic bull case (kr 3.26). The favourable scenario is already priced in. Weak quality (38/100) and above fair value at the same time, the margin of safety is missing on both counts. 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 1.72 to kr 3.26) leaves room in how you read the outcome.
Key figures of Maha Energy AB (publ)
How large is the market capitalisation of Maha Energy AB (publ) (MAHA-A)?
The market capitalisation of Maha Energy AB (publ) is 3.1B SEK (≈ $310M). 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 are the earnings per share of Maha Energy AB (publ) (MAHA-A)?
Earnings per share at Maha Energy AB (publ) are kr −1.22. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of Maha Energy AB (publ) (MAHA-A)?
The return on equity (ROE) of Maha Energy AB (publ) is −17.4% (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 Maha Energy AB (publ) (MAHA-A)?
On an EBIT basis the return on assets of Maha Energy AB (publ) is 0.0% (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.
How fast is revenue growing at Maha Energy AB (publ) (MAHA-A)?
Revenue at Maha Energy AB (publ) is growing −34.6% versus a year earlier. 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 Maha Energy AB (publ) (MAHA-A)?
Earnings per share at Maha Energy AB (publ) are growing +1.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Maha Energy AB (publ) (MAHA-A) generate?
The free cash flow of Maha Energy AB (publ) is −$3.9M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Maha Energy AB (publ) (MAHA-A) hold?
Maha Energy AB (publ) holds more cash than debt, $47.6M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Maha Energy AB (publ) in the live analysis
One click puts Maha Energy AB (publ) on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
