Opter AB (OPTER) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Opter AB SEK 87.87, price SEK 78.20, upside +12.4%, quality 70 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Opter AB for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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 24, 2026.
How to read this chart
58‑month range kr 40.57 – kr 120.29 · fair‑value band kr 56.70 – kr 176.54 · the kr 78.20 price screens below the kr 87.87 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Opter in your weekly email
Every Wednesday you see whether Opter is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Opter AB (publ) provides transport planning solutions primarily in Sweden. It offers order management, transport planning, communication, system integration, pricing and invoicing and other solutions. The company was incorporated in 2001 and is headquartered in Johanneshov, Sweden.
Stock analysis
Opter AB (OPTER) currently trades at kr 78.20, while our model-based Fair Value estimate is kr 87.87, implying the stock looks roughly 11.0% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of kr 93.46 per share, and 10 of the 23 models we run sit above the kr 78.20 price.
Bear case: the Economic Profit group reads lowest at kr 38.43, and 13 of the 23 models stay below the price. Evidence for this calculation is high.
Scenario range: kr 56.70 (bear) to kr 176.54 (bull), the price of kr 78.20 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 70/100 (solid quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Opter AB reported revenue of 99.5M SEK in FY2025 versus 55.8M SEK in FY2021, a compound +15.5%/yr. Reported net income was 19.7M SEK in FY2025, compounding +30.0%/yr from FY2021.
Key figures
Market cap 469M SEK (≈ $47.3M) · P/E ratio 22.6 · P/S ratio 4.47 · EPS (TTM) kr 3.46 · Dividend yield 4.1% · Net margin 19.8% · Return on equity 54.6% · Return on assets (EBIT) 40.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 51 out of 100 (low confidence).
What moves the price
The share trades about 16% below its 52-week high and 20% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −14% fair-value upside, at 12%, OPTER screens cheaper than that median.
Fair Value models
Bear kr 56.70Fair Value kr 87.87Bull kr 176.54
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. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (kr 0.1615 per share) are deliberately not added.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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+9.0%
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.
+14.9%
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.
+16.2%
Start year 2020 (pandemic)
Revenue growth 7 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.
+14.8%
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis.
+26.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+22.1%
Dividend (yield on the price)4.1%
Profit margin 2020 to 2025 ⓘ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.18% → 24%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+6.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Sweden: IMF forecast 2.0% a year to 2030, 2.9% from 2016 to 2025) that is about +4.8% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Software - Application · 721 stocks
Beats the industry median on 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score70 · Top 25%
Fair Value upside+13% · Above median
Profitability
Return on equity (TTM)55% · Top 25%
Return on assets32% · Top 25%
Net margin (TTM)21% · Top 25%
Operating margin (TTM)25% · Top 25%
Growth and dividend
Revenue growth6% · Below median
Dividend yield (TTM)4.1% · Top 25%
Valuation Multiplesvs Software - Application median · lower = cheaper
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). "Opter AB Fair Value". https://www.fairvalue-calculator.com/stock/OPTER
Frequently asked questions
Is Opter AB (OPTER) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of kr 87.87 versus a price of kr 78.20, about +12% upside (undervalued).
What is the fair value of OPTER?
Our model-based fair value for Opter AB is kr 87.87 (as of Sep 24, 2026), built from audited fundamentals. The current price: kr 78.20.
What is the quality score of OPTER?
Opter AB has a Quality Score of 70/100. 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 Opter AB (OPTER)?
Our model-based price target is the fair value of kr 87.87 (as of Sep 24, 2026) from 23 valuation models. Cautious scenario kr 56.70, optimistic scenario kr 176.54. It is a calculation from audited fundamentals, not an analyst target.
What is the Opter AB stock forecast for 2026?
Our models put fair value at kr 87.87, about +12% upside versus a price of kr 78.20 (undervalued). Cautious scenario kr 56.70, optimistic scenario kr 176.54. The calculation is refreshed regularly with new filings.
What is the revenue of Opter AB (OPTER)?
Opter AB reported trailing-twelve-month revenue of about 101M SEK (latest available figure, as of Sep 24, 2026).
Does Opter AB pay a dividend?
Opter AB currently shows a dividend yield of about 4.14% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Opter AB (OPTER)?
For today's price to be fair in a discounted-cash-flow model, Opter AB would have to grow free cash flow by +6.9 % per year for five years (discount rate 8.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +16.2 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of OPTER use?
Our models discount Opter AB at 8.3 %: a base by market capitalisation (nano), damped by beta 0.11, country premium for Sweden. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Opter AB that is +6.9 % per year a year over ten years, using the same discount rate (8.3 %) and the same formula as our fair value.
How much growth has Opter AB (OPTER) delivered so far?
Over the past 5 years revenue at Opter AB grew +16.2 % a year. The price currently implies +6.9 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Opter AB (OPTER) growing?
The median revenue growth in the sector is +8.2 % a year. That is the yardstick for the growth priced into Opter AB (+6.9 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Opter AB (OPTER)?
The free-cash-flow yield on the price is 4.36 %: that much free cash flow Opter AB produces per unit of market value. When it exceeds the discount rate of our models (8.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Opter AB (OPTER)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Opter AB it is kr 87.87 per share (as of Sep 24, 2026), against a price of kr 78.20. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is Opter AB stock overvalued or undervalued in 2026?
As of Sep 24, 2026, OPTER trades below its calculated fair value: price kr 78.20, fair value kr 87.87, a gap of about +12% (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 OPTER?
No. The price is what the market pays today (kr 78.20); the fair value is what the company's own numbers justify (kr 87.87). For Opter AB the two are kr 9.67 per share apart. That gap is exactly why we show both numbers side by side.
How much is Opter AB worth?
The market values Opter AB at about 469M SEK (market capitalisation, as of Sep 24, 2026). Per share that is kr 78.20; our models calculate a fair value of kr 87.87 per share.
What do the bullish and bearish scenarios say about OPTER?
Our models span a range for Opter AB: cautious scenario kr 56.70, base kr 87.87, optimistic kr 176.54 per share (as of Sep 24, 2026, price kr 78.20). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of OPTER?
Opter AB trades at a price-to-earnings ratio of 22.6 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of kr 87.87 is built from several models across several years. Other multiples: P/B 13.6, P/S 4.6, EV/EBITDA 17.5.
How solid is the balance sheet of Opter AB (OPTER)?
Balance-sheet figures for Opter AB (as of Sep 24, 2026): return on equity 54.6%. They feed the Quality Score of 70/100, which measures business quality independently of the share price.
How far is OPTER from its 52-week high?
Opter AB trades at kr 78.20, about 16% below its 52-week high of kr 93.15 and 20% above the low of kr 65.05 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of kr 87.87 is for.
Which stocks are comparable to Opter AB?
From the same area (Technology) we also value SAP SE, Shopify Inc, Uber Technologies, Inc, Salesforce, 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 Opter AB stock attractive at the current price?
The data as of Sep 24, 2026: price kr 78.20, calculated fair value kr 87.87 (+12%), Quality Score 70/100, from 23 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 OPTER calculated?
We run Opter AB through 23 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 87.87, 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 13.0 % above its aggregate fair value. Opter AB currently trades 12 % 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 Opter AB (OPTER)?
The closing price on Sep 24, 2026 was kr 78.20. Our model-based fair value is kr 87.87, about +12% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Opter AB right now?
The model range is unusually wide (kr 56.70 to kr 176.54). The outcome hinges heavily on assumptions, so read the point estimate with caution. The price sits in the lower half of our model range, the side with the larger margin of safety. The data supports the verdict: every model runs on fully documented inputs.
Key figures of Opter AB
How large is the market capitalisation of Opter AB (OPTER)?
The market capitalisation of Opter AB is 469M SEK (≈ $47.3M). 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 Opter AB (OPTER)?
The price-to-sales ratio of Opter AB is 4.47 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Opter AB (OPTER)?
Earnings per share at Opter AB are kr 3.46 (price ÷ EPS = P/E 22.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Opter AB (OPTER)?
The dividend yield of Opter AB is 4.1% (payout 93.6%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Opter AB (OPTER)?
The net margin of Opter AB is 19.8% (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 Opter AB (OPTER)?
The return on equity (ROE) of Opter AB is 54.6% (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 Opter AB (OPTER)?
On an EBIT basis the return on assets of Opter AB is 40.6% (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.
What is the operating margin of Opter AB (OPTER)?
The operating margin of Opter AB is 25.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Opter AB (OPTER)?
Revenue at Opter AB is growing +6.3% versus a year earlier (3y avg +14.9%). 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 Opter AB (OPTER)?
Earnings per share at Opter AB are growing +26.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Opter AB (OPTER) hold?
Opter AB holds more cash than debt, 32.7M SEK net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Opter AB in the live analysis
One click puts Opter AB on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
