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New Wave Group (NEWA-B) Fair Value & Analysis

Consumer Cyclical · SE · Market cap 12.2B SEK

NW New Wave Group NEWA-B · ST
Pricekr 92.30
Fair Valuekr 53.91
Upside-41.6%
Quality45/100
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Evidence: High Range kr 45.83 – kr 107.08 📤 Share as image

Fair value as of: Jul 16, 2026

From 23 valuation models · updated 5 days ago

Fair value updated Jul 16, 2026, revised from kr 52.76 to kr 53.91 (+2.2%) since Jul 5, 2026. Share price −2.7% over the past month.

Price vs Fair Value (12 months)

kr 118.26 kr 89.14 Fair Value kr 53.91 Jul 2025 Jul 2026

12‑month range kr 89.14 – kr 118.26 · fair‑value band kr 45.83 – kr 107.08 · the kr 92.30 price screens above the kr 53.91 fair value. As of Jul 16, 2026.

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Analysis

New Wave Group (NEWA-B) currently trades at kr 92.30, while our model-based Fair Value estimate is kr 53.91, implying the stock looks roughly 41.6% overvalued today. We read business quality at 45/100 (below-average quality), in the Consumer Cyclical 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: high).

Over the trailing twelve months, New Wave Group generated revenue of 10.2B SEK at a net margin of 7.6%. Revenue grew 6.6% year over year. It earns a return on equity of 11.0%. Net debt stands at 3.1B SEK. Fundamentals as of Jul 16, 2026

Our scenario range runs from kr 45.83 (bear case) to kr 107.08 (bull case); at kr 92.30, the current price sits within that range. The share trades about 28% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -15% fair-value upside, at -42%, NEWA-B screens richer than that median.

Key figures & financial health

Revenue (TTM) 10.2B SEK
Revenue growth (YoY) +6.6%
Net margin 7.6%
Return on equity 11.0%
Free cash flow 39.0M SEK FY2025
P/E ratio 16.6
More key figures
Operating margin 7.7%
EPS (TTM) kr 5.78
Dividend yield 3.1%
EPS growth (YoY) -10.4%
Net debt 3.1B SEK FY2025

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

About the company

New Wave Group AB (publ) designs, acquires, and develops brands and products in the corporate, sports, gifts, and home furnishings sectors in Sweden, the United States, Benelux, rest of Nordic countries, rest of Europe, and internationally. It operates through segments: Corporate, Sports & Leisure, and Gifts & Home Furnishings. The Corporate segment offers promowear products, such as clothes for printing and embroidery, as well as leisure, work, and sports clothes; promotional gifts, including pens, power banks, gift cards, promotional and corporate gifts, bags, handbags, bed linens, and towels; and a range of work wear products comprising underwear, outer garments, reflective clothing, flame protective, and accessories for professional categories, which consist of construction and installation workers, painters and plasterers, transport and service, and hotel and restaurant workers. This segment offers its products under the D.A.D Sportswear, BAGSFIRST, James Harvest, PROJOB, …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

New Wave Group reported revenue of kr 10.0B in FY2025 versus kr 6.7B in FY2021, a compound +10.5%/yr. Reported net income was kr 783M in FY2025, compounding +0.7%/yr from FY2021.

Revenue +10.5%/yr
FY21 kr 6.7B
FY22 kr 8.8B
FY23 kr 9.5B
FY24 kr 9.5B
FY25 kr 10.0B
Net income +0.7%/yr
FY21 kr 760M
FY22 kr 1.2B
FY23 kr 1.1B
FY24 kr 880M
FY25 kr 783M

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Cite: Fair Value Calculator (2026). "New Wave Group Fair Value". https://www.fairvalue-calculator.com/stock/NEWA-B

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Frequently asked questions

Is New Wave Group (NEWA-B) undervalued?
As of Jul 16, 2026, our model estimates a fair value of kr 53.91 versus a price of kr 92.30, about −42% (overvalued). Model-based estimate, not financial advice.
What is the fair value of NEWA-B?
Our model-based fair value for New Wave Group is kr 53.91 (as of Jul 16, 2026), built from audited fundamentals. The current price is kr 92.30.
What is the quality score of NEWA-B?
New Wave Group has a Quality Score of 45/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of New Wave Group (NEWA-B)?
New Wave Group reported trailing-twelve-month revenue of about 10.2B SEK (latest available figure, as of Jul 16, 2026).
What is the net profit margin of NEWA-B?
The net profit margin of New Wave Group is about 7.6%, meaning it keeps roughly 7.6% of revenue as net income. Based on the latest reported figures.
Does New Wave Group pay a dividend?
New Wave Group currently shows a dividend yield of about 3.10% relative to its recent price (as of Jul 16, 2026).

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.