NEXT Biometrics Group (NEXT) fair value: what the stock is really worth
As of Oct 9, 2026: fair value of NEXT Biometrics Group NOK 0.31, price NOK 0.23, upside +33.6%, quality 33 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
NEXT Biometrics Group ASA, together with its subsidiaries, provides fingerprint sensor technology in Asia, Europe, Africa, and North America. The company offers fingerprint sensors, and readers; and touchpads, face recognition software, and development kits, as well as sensor modules.
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NEXT Biometrics Group ASA, together with its subsidiaries, provides fingerprint sensor technology in Asia, Europe, Africa, and North America. The company offers fingerprint sensors, and readers; and touchpads, face recognition software, and development kits, as well as sensor modules. It sells its products to laptop and notebook, banking and finance, access control, and government ID sectors. The company also sells its fingerprint sensor technology hardware and software to distributors and original equipment manufacturers of electronic components. NEXT Biometrics Group ASA was founded in 2000 and is headquartered in Oslo, Norway.
Stock analysis
NEXT Biometrics Group (NEXT) currently trades at kr 0.2320, while our model-based Fair Value estimate is kr 0.3100, implying the stock looks roughly 25.2% undervalued today.
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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 0.2100 (bear) to kr 0.3900 (bull), the price of kr 0.2320 sits inside 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 33/100 (below-average quality), in the Technology sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
NEXT Biometrics Group reported revenue of 13.4M NOK in FY2025 versus 50.8M NOK in FY2021, a compound −28.4%/yr. Reported net income was −80.5M NOK in FY2025.
Key figures
Market cap 27.8M NOK (≈ $2.9M) · P/S ratio 1.43 · EPS (TTM) kr −3.89 · Return on equity −272% · Return on assets (EBIT) −68.9% · Operating margin −1,197% · Revenue (TTM) 10.1M NOK · Revenue growth (YoY) −50.2%.
What moves the price
The share trades about 99% below its 52-week high and 3% above its 52-week low.
For context, the median of 10 Technology peers we cover trades at −37% fair-value upside, at 34%, NEXT screens cheaper than that median.
Fair Value models
Bear kr 0.2100Fair Value kr 0.3100Bull kr 0.3900
Price kr 0.2320 · Upside +33.6%
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 is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−32.1%
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.
−34.8%
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.
−25.5%
Start year 2020 (pandemic). Over 10 years: +11.3% a year
Revenue growth 13 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.
+21.0%
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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.
−169.6% (2020) → −602.9% (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.Scientific & Technical Instruments · 158 stocks
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). "NEXT Biometrics Group Fair Value". https://www.fairvalue-calculator.com/stock/NEXT.OL
Frequently asked questions
Is NEXT Biometrics Group (NEXT) overvalued or undervalued?
As of Oct 11, 2026, our model estimates a fair value of kr 0.3100 versus a price of kr 0.2320, about +34% upside (undervalued).
What is the fair value of NEXT?
Our model-based fair value for NEXT Biometrics Group is kr 0.3100 (as of Oct 11, 2026), built from audited fundamentals. The current price: kr 0.2320.
What is the quality score of NEXT?
NEXT Biometrics Group has a Quality Score of 33/100. 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 NEXT Biometrics Group (NEXT)?
Our model-based price target is the fair value of kr 0.3100 (as of Oct 11, 2026) from 1 valuation models. Cautious scenario kr 0.2100, optimistic scenario kr 0.3900. It is a calculation from audited fundamentals, not an analyst target.
What is the NEXT Biometrics Group stock forecast for 2026?
Our models put fair value at kr 0.3100, about +34% upside versus a price of kr 0.2320 (undervalued). Cautious scenario kr 0.2100, optimistic scenario kr 0.3900. The calculation is refreshed regularly with new filings.
What is the revenue of NEXT Biometrics Group (NEXT)?
NEXT Biometrics Group reported trailing-twelve-month revenue of about 10.1M NOK (latest available figure, as of Oct 11, 2026).
What is the intrinsic value of NEXT Biometrics Group (NEXT)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For NEXT Biometrics Group it is kr 0.3100 per share (as of Oct 11, 2026), against a price of kr 0.2320. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is NEXT Biometrics Group stock overvalued or undervalued in 2026?
As of Oct 11, 2026, NEXT trades below its calculated fair value: price kr 0.2320, fair value kr 0.3100, a gap of about +34% (undervalued). 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 NEXT?
No. The price is what the market pays today (kr 0.2320); the fair value is what the company's own numbers justify (kr 0.3100). For NEXT Biometrics Group the two are kr 0.0780 per share apart. That gap is exactly why we show both numbers side by side.
How much is NEXT Biometrics Group worth?
The market values NEXT Biometrics Group at about 27.8M NOK (market capitalisation, as of Oct 11, 2026). Per share that is kr 0.2320; our models calculate a fair value of kr 0.3100 per share.
What do the bullish and bearish scenarios say about NEXT?
Our models span a range for NEXT Biometrics Group: cautious scenario kr 0.2100, base kr 0.3100, optimistic kr 0.3900 per share (as of Oct 11, 2026, price kr 0.2320). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of NEXT Biometrics Group (NEXT)?
Balance-sheet figures for NEXT Biometrics Group (as of Oct 11, 2026): return on equity −271.9%. They feed the Quality Score of 33/100, which measures business quality independently of the share price.
How far is NEXT from its 52-week high?
NEXT Biometrics Group trades at kr 0.2320, about 99% below its 52-week high of kr 18.58 and 3% above the low of kr 0.2260 (as of Oct 9, 2026). Distance from the high says nothing about value: that is what the fair value of kr 0.3100 is for.
Which stocks are comparable to NEXT Biometrics Group?
From the same area (Technology) we also value Keysight Technologies, Inc, Coherent Corp, Garmin Ltd, Teledyne Technologies Incorporated, 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 NEXT Biometrics Group stock attractive at the current price?
The data as of Oct 11, 2026: price kr 0.2320, calculated fair value kr 0.3100 (+34%), Quality Score 33/100, 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 NEXT calculated?
We run NEXT Biometrics Group 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 0.3100, 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 14.9 % above its aggregate fair value. NEXT Biometrics Group currently trades 25 % below its own fair value, and the market average says nothing about that. 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 NEXT Biometrics Group (NEXT)?
The closing price on Oct 9, 2026 was kr 0.2320. Our model-based fair value is kr 0.3100, about +34% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with NEXT Biometrics Group right now?
The large discount to fair value meets weak quality (33/100). That raises the risk this is a value trap rather than a bargain. 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 0.2100 to kr 0.3900) leaves room in how you read the outcome.
Key figures of NEXT Biometrics Group
How large is the market capitalisation of NEXT Biometrics Group (NEXT)?
The market capitalisation of NEXT Biometrics Group is 27.8M NOK (≈ $2.9M). 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 NEXT Biometrics Group (NEXT)?
The price-to-sales ratio of NEXT Biometrics Group is 1.43 (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 NEXT Biometrics Group (NEXT)?
Earnings per share at NEXT Biometrics Group are kr −3.89. Earnings per share over the last twelve months: total profit spread across every single share.
What is the return on equity of NEXT Biometrics Group (NEXT)?
The return on equity (ROE) of NEXT Biometrics Group is −272% (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 NEXT Biometrics Group (NEXT)?
On an EBIT basis the return on assets of NEXT Biometrics Group is −68.9% (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 NEXT Biometrics Group (NEXT)?
The operating margin of NEXT Biometrics Group is −1,197% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at NEXT Biometrics Group (NEXT)?
Revenue at NEXT Biometrics Group is growing −50.2% versus a year earlier (3y avg −34.8%). 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 NEXT Biometrics Group (NEXT) generate?
The free cash flow of NEXT Biometrics Group is −71.8M NOK (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 NEXT Biometrics Group (NEXT) hold?
NEXT Biometrics Group holds more cash than debt, 32.2M NOK net (fiscal year 2021). The company holds more cash than debt, a safety cushion.
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