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Orrön Energy AB (ORRON) Fair Value & Analysis

Utilities · SE · Market cap 2.0B SEK

OE Orrön Energy AB ORRON · ST
Pricekr 6.86
Fair Valuekr 7.46
Upside+8.7%
Quality41/100
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Weak Growth
Loss-making · -67.4% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/12)
Narrow moat 26/100
Evidence: Low Range kr 5.26 – kr 9.53 Share as image

Fair value as of: Jul 19, 2026

From 3 valuation models · updated 22 days ago

Fair value updated Jul 19, 2026, revised from kr 2.03 to kr 7.46 (+267.4%) since Jun 24, 2026. Share price −7.0% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (kr 5.26 to kr 9.53) leaves room in how you read the outcome.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

kr 486.00 kr 3.93 Fair Value kr 7.46 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range kr 3.93 – kr 486.00 · fair‑value band kr 5.26 – kr 9.53 · the kr 6.86 price screens below the kr 7.46 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Orrön Energy AB (ORRON) currently trades at kr 6.86, while our model-based Fair Value estimate is kr 7.46, implying the stock looks roughly 8.7% fairly valued today. The Quality Score stands at 41/100 (below-average quality), in the Utilities 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, Orrön Energy AB generated revenue of 34.7M SEK at a net margin of -67.4%. Revenue grew 54.7% year over year. It earns a return on equity of -7.0%. Net debt stands at 90.2M SEK. Fundamentals as of Jul 19, 2026

Our scenario range runs from kr 5.26 (bear case) to kr 9.53 (bull case); at kr 6.86, the current price sits within 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 35% below its 52-week high and 72% above its 52-week low, currently above its 200-day average. For context, the median of 10 Utilities peers we cover trades at -30% fair-value upside, at 9%, ORRON screens cheaper 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
Gordon GGM kr 8.85 kr 13.08 kr 17.40 70
DDM Multi-Stage kr 8.85 kr 12.44 kr 16.38 61
NCAV (Graham) kr 0.5700 kr 0.7600 kr 1.13 50
All 3 models by family
Dividend Discount
Gordon GGM kr 8.85 kr 13.08 kr 17.40 70
DDM Multi-Stage kr 8.85 kr 12.44 kr 16.38 61
Asset-Based
NCAV (Graham) kr 0.5700 kr 0.7600 kr 1.13 50

Widest divergence: Dividend Discount (kr 12.44) versus Asset-Based (kr 0.7600). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 34.7M SEK
Revenue growth (YoY) +54.7%
Net margin -67.4%
Return on equity -7.0%
Free cash flow −10.0M SEK FY2025
Operating margin 19.7%
More key figures
EPS (TTM) kr -0.8900
EPS growth (YoY) +1,038%
Net debt 90.2M SEK FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 39 · Market factors (momentum, volatility) 45

Profitability 0
Margins and returns on capital today
Quality Growth 28
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 74
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 12
Calm price path (market factor)
Momentum 58
Price trend over the last 3–12 months (market factor)
52W Momentum 61
Distance to the 52-week high (market factor)
Net Issuance 92
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

Orrön Energy AB (publ) operates as an independent renewable energy company in Germany and Swede. The company owns and operates a portfolio of wind power assets in Sweden, Finland, and rest of Nordics. It also develops solar and battery projects in the United Kingdom, Germany, and France.

Full company description

Orrön Energy AB (publ) operates as an independent renewable energy company in Germany and Swede. The company owns and operates a portfolio of wind power assets in Sweden, Finland, and rest of Nordics. It also develops solar and battery projects in the United Kingdom, Germany, and France. The company was formerly known as Lundin Energy AB (publ) and changed its name to Orrön Energy AB (publ) in July 2022. Orrön Energy AB (publ) was incorporated in 2001 and is based in Stockholm, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Orrön Energy AB reported revenue of kr 29.5M in FY2025 versus kr 3.9B in FY2021, a compound −70.5%/yr. Reported net income was −kr 26.8M in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
29.5M SEK
Latest YoY
+14.6%
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.
+25.9%
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.
−59.0%
Avg. growth/yr (23Y) 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.
−0.6%
Revenue −70.5%/yr
FY21 kr 3.9B
FY22 kr 14.8M
FY23 kr 28.0M
FY24 kr 25.7M
FY25 kr 29.5M
Net income
FY21 kr 494M
FY22 kr 13.8B
FY23 −kr 8.0M
FY24 −kr 13.4M
FY25 −kr 26.8M

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Cite: Fair Value Calculator (2026). "Orrön Energy AB Fair Value". https://www.fairvalue-calculator.com/stock/ORRON

Peer Group

Utilities - Renewable · 220 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 41 · Below median
Fair Value upside +9% · Above median
Return on assets -1% · Bottom 25%
Net margin (TTM) -67% · Bottom 25%
Operating margin (TTM) 20% · Above median
Revenue growth 55% · Top 25%
Debt / equity 0.33× · Lower than median

Valuation Multiples vs Utilities - Renewable median · lower = cheaper

P/B 0.67× · Cheaper than median
P/S (TTM) 6.21× · Pricier than 75% of peers
EV/EBITDA 40.8× · Pricier than 75% of peers
PEG 16.68× · Pricier 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 45 · sector 12
FUTURE 100 · sector 0
PAST 0 · sector 12
HEALTH 84 · sector 68
DIVIDEND 0 · sector 48

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 Utilities - Renewable stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
China Yangtze Power Co 600900 ¥27.99 ¥25.13 -10%
Ørsted A/S ORSTED kr 149.70 kr 31.40 -79%
Huaneng Lancang River Hydropower Inc 600025 ¥9.81 ¥5.57 -43%
Adani Green Energy Limited ADANIGREEN ₹1,537 ₹170.50 -89%
AXIA Energia SA AXIAP $10.74 $9.65 -10%
VERBUND AG OEWA €58.65 €66.19 +13%
BEP BEP $32.33 $73.35 +127%
BEPUN BEPUN C$44.56 C$10.15 -77%
Fortum Oyj FORTUM €19.89 €13.90 -30%
China Longyuan Power Group 001289 ¥16.21 ¥8.23 -49%

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Frequently asked questions

Is Orrön Energy AB (ORRON) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of kr 7.46 versus a price of kr 6.86, about +9% (fairly valued).
What is the fair value of ORRON?
Our model-based fair value for Orrön Energy AB is kr 7.46 (as of Jul 19, 2026), built from audited fundamentals. The current price is kr 6.86.
What is the quality score of ORRON?
Orrön Energy AB has a Quality Score of 41/100. 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 Orrön Energy AB (ORRON)?
Orrön Energy AB reported trailing-twelve-month revenue of about 34.7M SEK (latest available figure, as of Jul 19, 2026).
What is the net profit margin of ORRON?
The net profit margin of Orrön Energy AB is about -67.4%, 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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