Mantex AB (MANTEX) fair value: what the stock is really worth
As of Oct 13, 2026: fair value of Mantex AB SEK 1.51, price SEK 5.10, upside -70.5%, quality 28 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Mantex AB (publ), a greentech company, develops and sells analytical equipment for automated analysis and quality determination of biomass in Sweden.
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Mantex AB (publ), a greentech company, develops and sells analytical equipment for automated analysis and quality determination of biomass in Sweden. The company offers measurement systems, including biomass analyzers which determine moisture, ash, and energy content in wood-based biomass; and flow scanners, a measurement solution for wood chips flows on conveyor belts. It serves bioenergy; pulp and paper; and pellets industries. The company was incorporated in 1998 and is based in Kista, Sweden.
Stock analysis
Mantex AB (MANTEX) currently trades at kr 5.10, while our model-based Fair Value estimate is kr 1.51, 70.5% below the price, so the stock looks overvalued today.
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 96/100, which puts the evidence level at low.
Scenario range: kr 1.12 (bear) to kr 2.24 (bull), the price of kr 5.10 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 28/100 (below-average quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Mantex AB reported revenue of 2.8M SEK in FY2025 versus 102K SEK in FY2021, a compound +128.1%/yr. Reported net income was −25.2M SEK in FY2025.
Key figures
Market cap 11.1M SEK (≈ $1.1M) · P/S ratio 4.63 · EPS (TTM) kr −10.81 · Return on equity −192% · Return on assets (EBIT) −63.3% · Operating margin −1,544% · Revenue (TTM) 2.4M SEK · Revenue growth (YoY) +5.0%.
What moves the price
The share trades about 50% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −48% fair-value upside, at −70%, MANTEX screens richer than that median.
Fair Value models
Bear kr 1.12Fair Value kr 1.51Bull kr 2.24
Price kr 5.10 · Upside -70.5%
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.13/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+3.7%
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.
+24.2%
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.
+6.9%
Start year 2020 (pandemic). Over 10 years: −4.2% a year
Revenue growth 11 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.
−8.2%
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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.
−439.0% (2020) → −579.4% (2025)
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.
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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.Specialty Industrial Machinery · 801 stocks
Beats the industry median on 2/6 measures
Overall it trails its industry peers.
Valuation
Quality Score28 · Bottom 25%
Fair Value upside−65.3% · Bottom 25%
Profitability
Return on assets−35.0% · Bottom 25%
Growth and dividend
Revenue growth5.0% · Below median
Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper
P/B0.19× · Cheapest 25%
P/S (TTM)0.46× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)25· sector 31
PAST (return on equity)0· sector 27
HEALTH (low debt)100· sector 96
DIVIDEND (yield)0· sector 26
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). "Mantex AB Fair Value". https://www.fairvalue-calculator.com/stock/MANTEX
Frequently asked questions
Is Mantex AB (MANTEX) overvalued or undervalued?
As of Oct 14, 2026, our model estimates a fair value of kr 1.51 versus a price of kr 5.10, about −70% upside (overvalued).
What is the fair value of MANTEX?
Our model-based fair value for Mantex AB is kr 1.51 (as of Oct 14, 2026), built from audited fundamentals. The current price: kr 5.10.
What is the quality score of MANTEX?
Mantex AB has a Quality Score of 28/100. 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 Mantex AB (MANTEX)?
Our model-based price target is the fair value of kr 1.51 (as of Oct 14, 2026) from 1 valuation models. Cautious scenario kr 1.12, optimistic scenario kr 2.24. It is a calculation from audited fundamentals, not an analyst target.
What is the Mantex AB stock forecast for 2026?
Our models put fair value at kr 1.51, about −70% upside versus a price of kr 5.10 (overvalued). Cautious scenario kr 1.12, optimistic scenario kr 2.24. The calculation is refreshed regularly with new filings.
What is the revenue of Mantex AB (MANTEX)?
Mantex AB reported trailing-twelve-month revenue of about 2.4M SEK (latest available figure, as of Oct 14, 2026).
What is the intrinsic value of Mantex AB (MANTEX)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Mantex AB it is kr 1.51 per share (as of Oct 14, 2026), against a price of kr 5.10. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Mantex AB stock overvalued or undervalued in 2026?
As of Oct 14, 2026, MANTEX trades above its calculated fair value: price kr 5.10, fair value kr 1.51, a gap of about −70% (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 MANTEX?
No. The price is what the market pays today (kr 5.10); the fair value is what the company's own numbers justify (kr 1.51). For Mantex AB the two are kr 3.60 per share apart. That gap is exactly why we show both numbers side by side.
How much is Mantex AB worth?
The market values Mantex AB at about 11.1M SEK (market capitalisation, as of Oct 14, 2026). Per share that is kr 5.10; our models calculate a fair value of kr 1.51 per share.
What do the bullish and bearish scenarios say about MANTEX?
Our models span a range for Mantex AB: cautious scenario kr 1.12, base kr 1.51, optimistic kr 2.24 per share (as of Oct 14, 2026, price kr 5.10). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Mantex AB (MANTEX)?
Balance-sheet figures for Mantex AB (as of Oct 14, 2026): return on equity −192.2%. They feed the Quality Score of 28/100, which measures business quality independently of the share price.
How far is MANTEX from its 52-week high?
Mantex AB trades at kr 5.10, about 50% below its 52-week high of kr 10.30 and 2% above the low of kr 5.00 (as of Oct 13, 2026). Distance from the high says nothing about value: that is what the fair value of kr 1.51 is for.
Which stocks are comparable to Mantex AB?
From the same area (Industrials) we also value GE Vernova Inc, SIE, Eaton Corporation, Parker-Hannifin 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 Mantex AB stock attractive at the current price?
The data as of Oct 14, 2026: price kr 5.10, calculated fair value kr 1.51 (−70%), Quality Score 28/100, 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 MANTEX calculated?
We run Mantex AB 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 1.51, 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. Mantex 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 Mantex AB (MANTEX)?
The closing price on Oct 13, 2026 was kr 5.10. Our model-based fair value is kr 1.51, about −70% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Mantex AB right now?
The price sits above even our optimistic bull case (kr 2.24). The favourable scenario is already priced in. Weak quality (28/100) 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 1.12 to kr 2.24) leaves room in how you read the outcome.
Key figures of Mantex AB
How large is the market capitalisation of Mantex AB (MANTEX)?
The market capitalisation of Mantex AB is 11.1M SEK (≈ $1.1M). 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 Mantex AB (MANTEX)?
The price-to-sales ratio of Mantex AB is 4.63 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Mantex AB (MANTEX)?
Earnings per share at Mantex AB are kr −10.81. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of Mantex AB (MANTEX)?
The return on equity (ROE) of Mantex AB is −192% (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 Mantex AB (MANTEX)?
On an EBIT basis the return on assets of Mantex AB is −63.3% (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 Mantex AB (MANTEX)?
The operating margin of Mantex AB is −1,544% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Mantex AB (MANTEX)?
Revenue at Mantex AB is growing +5.0% versus a year earlier (3y avg +24.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Mantex AB (MANTEX) generate?
The free cash flow of Mantex AB is −10.8M 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 Mantex AB (MANTEX) carry?
The net debt of Mantex AB is 8.9M 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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