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Nexcom A/S (NEXCOM) Fair Value & Analysis

Technology · DK · Market cap 37.2M DKK

NA Nexcom A/S NEXCOM · CO
Pricekr 1.34
Fair Valuekr 0.1615
Upside-88.0%
Quality30/100
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Weak Growth
Loss-making · -143.1% net margin
Negative equity (buybacks among others) · generates free cash flow
Mixed vs. peers (4/9)
Narrow moat 8/100
Evidence: Low Range kr 0.1020 – kr 0.2125 Share as image

Fair value as of: Aug 13, 2026

From 5 valuation models · updated today

Share price −13.5% over the past month.

Below-average quality, and screening another 88% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 0.2125). The favourable scenario is already priced in.
  • Weak quality (30/100) 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 0.1020 to kr 0.2125) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

kr 8.90 kr 1.26 Fair Value kr 0.1615 Mar 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 1.26 – kr 8.90 · fair‑value band kr 0.1020 – kr 0.2125 · the kr 1.34 price screens above the kr 0.1615 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

Nexcom A/S (NEXCOM) currently trades at kr 1.34, while our model-based Fair Value estimate is kr 0.1615, implying the stock looks roughly 88.0% overvalued today. The Quality Score stands at 30/100 (below-average quality), in the Technology 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: low).

Trailing-twelve-month revenue stands at 9.6M DKK. Revenue grew 12.7% year over year. Net debt stands at 17.7M DKK. Fundamentals as of Aug 13, 2026

Our scenario range runs from kr 0.1020 (bear case) to kr 0.2125 (bull case); at kr 1.34, the current price sits above 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. The share trades about 67% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -40% fair-value upside, at -88%, NEXCOM screens richer 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
Growth DCF kr 1.99 kr 2.50 kr 3.25 80
EV/Revenue kr 0.9300 kr 1.39 kr 1.86 43
5Y Revenue Exit kr 1.36 kr 1.81 kr 2.45 39
All 5 models by family
DCF Models
FCF DCF kr 1.93 kr 2.48 kr 3.35 38
5Y Revenue Exit kr 1.36 kr 1.81 kr 2.45 39
10Y Revenue Exit kr 1.60 kr 1.92 kr 2.24 36
Multiples
EV/Revenue kr 0.9300 kr 1.39 kr 1.86 43
Growth DCF
Growth DCF kr 1.99 kr 2.50 kr 3.25 80

Widest divergence: Growth DCF (kr 2.50) versus Multiples (kr 1.39). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 9.6M DKK
Revenue growth (YoY) +12.7%
Net margin -143%
Return on equity -2,202%
Free cash flow 7.2M DKK FY2022
Operating margin -68.8%
More key figures
EPS (TTM) kr -0.5300
Net debt 17.7M DKK FY2025

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

Quality Score breakdown

Overall quality 30/100

Of which business quality 34 · Market factors (momentum, volatility) 16

Profitability 6
Margins and returns on capital today
Quality Growth 6
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 1
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 46
Calm price path (market factor)
Momentum 5
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 0
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.

About the company

Nexcom A/S designs and delivers big data-driven and AI-powered software platforms in Denmark. The company offers RevealCX, an AI quality management tool which turns customer interactions into insights and enables targeted improvements in service quality and performance outcomes; CX-G, an AI workflow automation solution for streamlining operations by …

Full company description

Nexcom A/S designs and delivers big data-driven and AI-powered software platforms in Denmark. The company offers RevealCX, an AI quality management tool which turns customer interactions into insights and enables targeted improvements in service quality and performance outcomes; CX-G, an AI workflow automation solution for streamlining operations by automating routine tasks and customer handling; and VIBE, a voice interface booking engine that automates voice interactions with intuitive, conversational interfaces and reduces manual load and improves CX efficiency. It offers agent assists; chat, email, voice, and social media bots; CX analytics; AI generated summary; and quality control, as well as voice assistant and NPS solutions. The company was incorporated in 1997 and is based in Copenhagen, Denmark.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Nexcom A/S reported revenue of kr 7.7M in FY2025 versus kr 13.4M in FY2021, a compound −12.8%/yr. Reported net income was −kr 16.6M in FY2025.

Growth Quality 31/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
7.7M DKK
Latest YoY
−22.0%
Avg. 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.
−0.5%
Avg. 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.
+1.4%
Avg. growth/yr (9Y) 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.
−0.5%
Revenue −12.8%/yr
FY21 kr 13.4M
FY22 kr 7.8M
FY23 kr 11.5M
FY24 kr 9.9M
FY25 kr 7.7M
Net income
FY21 −kr 17.8M
FY22 −kr 21.6M
FY23 −kr 9.3M
FY24 −kr 16.6M
FY25 −kr 16.6M

NEXCOM screens 88% overvalued. Compare with SAP SE →

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Cite: Fair Value Calculator (2026). "Nexcom A/S Fair Value". https://www.fairvalue-calculator.com/stock/NEXCOM

Peer Group

Software - Application · 713 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 30 · Bottom 25%
Fair Value upside −88% · Bottom 25%
Return on assets -33% · Bottom 25%
Net margin (TTM) -143% · Bottom 25%
Operating margin (TTM) -69% · Bottom 25%
Revenue growth 13% · Above median

Valuation Multiples vs Software - Application median · lower = cheaper

P/S (TTM) 0.60× · Cheaper than 75% of peers
P/FCF 0.8× · Cheaper 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.

VALUE 0 · sector 4
FUTURE 64 · sector 38
PAST 0 · sector 13
HEALTH 100 · sector 98
DIVIDEND 0 · sector 27

VALUE 0: the price sits above our fair-value range.

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Software - Application stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAPS C$12.46 C$16.26 +30%
Shopify Inc SHOP C$209.78 C$28.76 -86%
Uber Technologies, Inc UBER $75.36 $43.66 -42%
Salesforce, Inc CRM $193.32 $249.28 +29%
ServiceNow, Inc NOW $124.94 $43.73 -65%
Cadence Design Systems, Inc CDNS $323.13 $112.57 -65%
Beijing Kingsoft Office Software, Inc 688111 ¥254.50 ¥81.23 -68%
Tata Elxsi Limited TATAELXSI ₹3,712 ₹2,519 -32%
Douzone Bizon Co 012510 120,000 KRW 92,181 KRW -23%
KFin Technologies Limited KFINTECH ₹922.00 ₹556.85 -40%

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Frequently asked questions

Is Nexcom A/S (NEXCOM) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of kr 0.1615 versus a price of kr 1.34, about −88% (overvalued).
What is the fair value of NEXCOM?
Our model-based fair value for Nexcom A/S is kr 0.1615 (as of Aug 13, 2026), built from audited fundamentals. The current price is kr 1.34.
What is the quality score of NEXCOM?
Nexcom A/S has a Quality Score of 30/100. 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 Nexcom A/S (NEXCOM)?
Nexcom A/S reported trailing-twelve-month revenue of about 9.6M DKK (latest available figure, as of Aug 13, 2026).
What is the net profit margin of NEXCOM?
The net profit margin of Nexcom A/S is about -143.1%, 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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