Nordic Entertainment Group AB (publ) (NENTF) fair value: what the stock is really worth
We calculate from audited financials what Nordic Entertainment Group AB (publ) is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
Valuation from Sep 13, 2026. With the latest figures (losses, negative cash flow), a fair value can no longer be calculated.
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69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 13, 2026.
How to read this chart
60‑month range $0.0356 – $56.88 · fair‑value band $0.0595 – $0.1360 · the $0.1660 price screens above the $0.0935 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 13, 2026.
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Viaplay Group AB (publ) operates as an entertainment provider company in Sweden, rest of Nordics, rest of Europe, and internationally. The company operates Viaplay, an online video streaming service, which offers live sports, series, films, and documentaries.
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Viaplay Group AB (publ) operates as an entertainment provider company in Sweden, rest of Nordics, rest of Europe, and internationally. The company operates Viaplay, an online video streaming service, which offers live sports, series, films, and documentaries. It also operates advertising-supported TV channels that offer popular series, films and live sports, as well as V sport, V series and V film pay-TV channels that deliver premium entertainment for the whole family. In addition, the company operates radio stations, that are accessible online and through mobile apps. Further, it offers audio streaming services; and content producing services, as well as satellite, IPTV, and broadband services. The company was formerly known as Nordic Entertainment Group AB (publ) and changed its name to Viaplay Group AB (publ) in May 2022. Viaplay Group AB (publ) was founded in 1987 and is headquartered in Stockholm, Sweden.
Stock analysis
Nordic Entertainment Group AB (publ) (NENTF) currently trades at $0.1660, while our model-based Fair Value estimate is $0.0935, implying the stock looks roughly 77.5% overvalued today.
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Valuation
How firm this estimate is: it rests on 4 models at a data quality of 95/100, which puts the evidence level at low.
Scenario range: $0.0595 (bear) to $0.1360 (bull), the price of $0.1660 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 32/100 (below-average quality), in the Communication Services sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Nordic Entertainment Group AB (publ) reported revenue of 17.6B SEK in FY2025 versus 12.7B SEK in FY2021, a compound +8.6%/yr. Reported net income was −1.3B SEK in FY2025.
Key figures
Market cap $757M · P/S ratio 0.04 · EPS (TTM) $−0.0400 · Net margin −7.2% · Return on equity −57.2% · Return on assets (EBIT) −1.6% · Revenue (TTM) $17.5B · Revenue growth (YoY) +20.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 22 out of 100 (medium confidence).
What moves the price
The share trades about 44% below its 52-week high and 366% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at −3% fair-value upside, at −44%, NENTF screens richer than that median.
Fair Value models
Bear $0.0595Fair Value $0.0935Bull $0.1360
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.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.24/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−4.6%
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.
+4.0%
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.
+8.0%
Start year 2020 (pandemic)
Revenue growth 9 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.
+3.5%
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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.
8.8% (2020) → −0.2% (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
Compare Nordic Entertainment Group AB (publ) with another stock
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.Entertainment · 260 stocks
Beats the industry median on 3/9 measures
Overall it trails its industry peers.
Valuation
Quality Score32 · Bottom 25%
Fair Value upside−44% · Below median
Profitability
Return on assets1% · Above median
Net margin (TTM)−8% · Below median
Operating margin (TTM)0% · Below median
Growth and dividend
Revenue growth21% · Top 25%
Balance sheet
Debt / equity2.41× · Highest 25%
Valuation Multiplesvs Entertainment median · lower = cheaper
P/B0.33× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (TTM)0.04× · Cheapest 25%
EV/EBITDA11.7× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 33
FUTURE (revenue growth)100· sector 11
PAST (return on equity)0· sector 5
HEALTH (low debt)0· sector 97
DIVIDEND (yield)0· sector 43
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). "Nordic Entertainment Group AB (publ) Fair Value". https://www.fairvalue-calculator.com/stock/NENTF
Frequently asked questions
Is Nordic Entertainment Group AB (publ) (NENTF) overvalued or undervalued?
As of Sep 13, 2026, our model estimates a fair value of $0.0935 versus a price of $0.1660, about −44% upside (overvalued).
What is the fair value of NENTF?
Our model-based fair value for Nordic Entertainment Group AB (publ) is $0.0935 (as of Sep 13, 2026), built from audited fundamentals. The current price: $0.1660.
What is the quality score of NENTF?
Nordic Entertainment Group AB (publ) has a Quality Score of 32/100. 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 Nordic Entertainment Group AB (publ) (NENTF)?
Our model-based price target is the fair value of $0.0935 (as of Sep 13, 2026) from 1 valuation models. Cautious scenario $0.0595, optimistic scenario $0.1360. It is a calculation from audited fundamentals, not an analyst target.
What is the Nordic Entertainment Group AB (publ) stock forecast for 2026?
Our models put fair value at $0.0935, about −44% upside versus a price of $0.1660 (overvalued). Cautious scenario $0.0595, optimistic scenario $0.1360. The calculation is refreshed regularly with new filings.
What is the revenue of Nordic Entertainment Group AB (publ) (NENTF)?
Nordic Entertainment Group AB (publ) reported trailing-twelve-month revenue of about $17.5B (latest available figure, as of Sep 13, 2026).
What is the intrinsic value of Nordic Entertainment Group AB (publ) (NENTF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Nordic Entertainment Group AB (publ) it is $0.0935 per share (as of Sep 13, 2026), against a price of $0.1660. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is Nordic Entertainment Group AB (publ) stock overvalued or undervalued in 2026?
As of Sep 13, 2026, NENTF trades above its calculated fair value: price $0.1660, fair value $0.0935, a gap of about −44% (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 NENTF?
No. The price is what the market pays today ($0.1660); the fair value is what the company's own numbers justify ($0.0935). For Nordic Entertainment Group AB (publ) the two are $0.0725 per share apart. That gap is exactly why we show both numbers side by side.
How much is Nordic Entertainment Group AB (publ) worth?
The market values Nordic Entertainment Group AB (publ) at about $757M (market capitalisation, as of Sep 13, 2026). Per share that is $0.1660; our models calculate a fair value of $0.0935 per share.
What do the bullish and bearish scenarios say about NENTF?
Our models span a range for Nordic Entertainment Group AB (publ): cautious scenario $0.0595, base $0.0935, optimistic $0.1360 per share (as of Sep 13, 2026, price $0.1660). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Nordic Entertainment Group AB (publ) (NENTF)?
Balance-sheet figures for Nordic Entertainment Group AB (publ) (as of Sep 13, 2026): return on equity −57.2%, debt of 2.41 per unit of equity. They feed the Quality Score of 32/100, which measures business quality independently of the share price.
How far is NENTF from its 52-week high?
Nordic Entertainment Group AB (publ) trades at $0.1660, about 44% below its 52-week high of $0.2988 and 366% above the low of $0.0356 (as of Sep 13, 2026). Distance from the high says nothing about value: that is what the fair value of $0.0935 is for.
Which stocks are comparable to Nordic Entertainment Group AB (publ)?
From the same area (Communication Services) we also value Netflix, Inc, The Walt Disney Company, Warner Bros. Discovery, Inc, Live Nation Entertainment, Inc, 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 Nordic Entertainment Group AB (publ) stock attractive at the current price?
The data as of Sep 13, 2026: price $0.1660, calculated fair value $0.0935 (−44%), Quality Score 32/100, 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 NENTF calculated?
We run Nordic Entertainment Group 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 $0.0935, 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 14.1 % above its aggregate fair value. Nordic Entertainment Group 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 Nordic Entertainment Group AB (publ) (NENTF)?
The closing price on Sep 18, 2026 was $0.1660. Our model-based fair value is $0.0935, about −44% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Nordic Entertainment Group AB (publ) right now?
The price sits above even our optimistic bull case ($0.1360). The favourable scenario is already priced in. Weak quality (32/100) 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 ($0.0595 to $0.1360) leaves room in how you read the outcome.
Key figures of Nordic Entertainment Group AB (publ)
How large is the market capitalisation of Nordic Entertainment Group AB (publ) (NENTF)?
The market capitalisation of Nordic Entertainment Group AB (publ) is $757M. 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 Nordic Entertainment Group AB (publ) (NENTF)?
The price-to-sales ratio of Nordic Entertainment Group AB (publ) is 0.04 (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 Nordic Entertainment Group AB (publ) (NENTF)?
Earnings per share at Nordic Entertainment Group AB (publ) are $−0.0400. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Nordic Entertainment Group AB (publ) (NENTF)?
The net margin of Nordic Entertainment Group AB (publ) is −7.2% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Nordic Entertainment Group AB (publ) (NENTF)?
The return on equity (ROE) of Nordic Entertainment Group AB (publ) is −57.2% (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 Nordic Entertainment Group AB (publ) (NENTF)?
On an EBIT basis the return on assets of Nordic Entertainment Group AB (publ) is −1.6% (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 Nordic Entertainment Group AB (publ) (NENTF)?
Revenue at Nordic Entertainment Group AB (publ) is growing +20.7% versus a year earlier (3y avg +4.0%). 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 Nordic Entertainment Group AB (publ) (NENTF)?
Earnings per share at Nordic Entertainment Group AB (publ) are growing +90.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Nordic Entertainment Group AB (publ) (NENTF) generate?
The free cash flow of Nordic Entertainment Group AB (publ) is −$2.3B (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 Nordic Entertainment Group AB (publ) (NENTF) carry?
The net debt of Nordic Entertainment Group AB (publ) is $5.6B (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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