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NGS Group (NGS) Fair Value & Analysis

Industrials · SE · Market cap 63.3M SEK

NG NGS Group NGS · ST
Pricekr 2.33
Fair Valuekr 10.97
Upside+370.8%
Quality95/100
Evidence: Low Range kr 8.22 – kr 13.71

Fair value as of: Jun 24, 2026

From 3 valuation models · updated 5 days ago

Share price +0.4% over the past month.

Price vs Fair Value (12 months)

kr 3.29 kr 2.11 Fair Value kr 10.97 May 2025 Jun 2026

12‑month range kr 2.11 – kr 3.29 · fair‑value band kr 8.22 – kr 13.71 · the kr 2.33 price screens below the kr 10.97 fair value. As of Jun 24, 2026.

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Analysis

NGS Group (NGS) currently trades at kr 2.33, while our model-based Fair Value estimate is kr 10.97 — implying the stock looks roughly 370.8% undervalued today. We read business quality at 95/100 (high quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

Over the trailing twelve months, NGS Group generated revenue of 286M SEK at a net margin of -10.8%. Revenue declined 22.7% year over year. It earns a return on equity of -40.4%. Net debt stands at 11.0M SEK. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 286M SEK
Revenue growth (YoY) -22.7%
Net margin -10.8%
Return on equity -40.4%
Free cash flow −9.3M SEK FY2025
Operating margin 1.7%
More key figures
EPS (TTM) kr -1.13
EPS growth (YoY) -98.2%
Net debt 11.0M SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

NGS Group AB (publ) provides recruitment and staffing services in Sweden and Norway. It focuses on healthcare, social services, finance, regulatory services, and executive search in private and public sectors. NGS Group AB (publ) was founded in 1996 and is headquartered in Stockholm, Sweden.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NGS Group reported revenue of kr 283M in FY2025 versus kr 496M in FY2021, a compound −13.1%/yr. Reported net income was −kr 30.8M in FY2025.

Revenue −13.1%/yr
FY21 kr 496M
FY22 kr 571M
FY23 kr 500M
FY24 kr 350M
FY25 kr 283M
Net income
FY21 kr 13.2M
FY22 kr 3.7M
FY23 −kr 126M
FY24 −kr 71.9M
FY25 −kr 30.8M

Open the full interactive analysis →

Similar stocks

6 more Staffing & Employment Services stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Randstad N.V RANJY $15.02 $20.46 +36%
Adecco Group AHEXF $21.71 $28.29 +30%
Korn Ferry, KFY $67.77 $99.59 +47%
Robert Half Inc RHI $31.24 $27.30 -13%
TriNet Group TNET $46.64 $71.78 +54%
ManpowerGroup Inc MAN $31.33 $23.76 -24%

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Frequently asked questions

Is NGS Group (NGS) undervalued?
As of Jun 24, 2026, our model estimates a fair value of kr 10.97 versus a price of kr 2.33 — about +371% (undervalued). Model-based estimate, not financial advice.
What is the fair value of NGS?
Our 21-model fair value for NGS Group is kr 10.97 (as of Jun 24, 2026), built from audited fundamentals. The current price is kr 2.33.
What is the quality score of NGS?
NGS Group has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of NGS Group (NGS)?
NGS Group reported trailing-twelve-month revenue of about 286M SEK (latest available figure, as of Jun 24, 2026).
What is the net profit margin of NGS?
The net profit margin of NGS Group is about -10.8%, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.