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Redsense Medical AB (REDS) Fair Value & Analysis

Healthcare · SE · Market cap 72.9M SEK

RM Redsense Medical AB REDS · ST
Pricekr 4.00
Fair Valuekr 1.11
Upside-72.3%
Quality36/100
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Expensive Growth
Loss-making · -10.1% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/10)
Narrow moat 19/100
Evidence: Low Range kr 0.7300 – kr 1.39 Share as image

Fair value as of: Jul 12, 2026

From 1 valuation models · updated 29 days ago

Fair value updated Jul 12, 2026, revised from kr 6.25 to kr 1.11 (−82.2%) since Jun 24, 2026. Share price −7.0% over the past month.

Below-average quality, and screening another 72% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 1.39). The favourable scenario is already priced in.
  • Weak quality (36/100) 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 0.7300 to kr 1.39) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

kr 37.00 kr 2.54 Fair Value kr 1.11 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range kr 2.54 – kr 37.00 · fair‑value band kr 0.7300 – kr 1.39 · the kr 4.00 price screens above the kr 1.11 fair value. Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

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Analysis

Redsense Medical AB (REDS) currently trades at kr 4.00, while our model-based Fair Value estimate is kr 1.11, implying the stock looks roughly 72.3% overvalued today. The Quality Score stands at 36/100 (below-average quality), in the Healthcare 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).

Over the trailing twelve months, Redsense Medical AB generated revenue of 28.7M SEK at a net margin of -10.1%. Revenue grew 38.9% year over year. It earns a return on equity of -8.0%. Fundamentals as of Jul 12, 2026

Our scenario range runs from kr 0.7300 (bear case) to kr 1.39 (bull case); at kr 4.00, 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 38% below its 52-week high and 67% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -22% fair-value upside, at -72%, REDS 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
NCAV (Graham) kr 1.04 kr 1.40 kr 2.08 50
All 1 models by family
Asset-Based
NCAV (Graham) kr 1.04 kr 1.40 kr 2.08 50

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Key figures & financial health

Revenue (TTM) 28.7M SEK
Revenue growth (YoY) +38.9%
Net margin -10.1%
Return on equity -8.0%
Free cash flow −8.0M SEK FY2025
Operating margin 9.7%
More key figures
EPS (TTM) kr -0.1800

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 36/100

Of which business quality 40 · Market factors (momentum, volatility) 41

Profitability 23
Margins and returns on capital today
Quality Growth 19
Are margins and returns improving?
Cashflow 5
Earnings quality: real cash, not paper profit
Fin. Strength 91
Balance sheet, leverage, solvency risk
Investment 54
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 47
Price trend over the last 3–12 months (market factor)
52W Momentum 22
Distance to the 52-week high (market factor)
Net Issuance 53
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

Redsense Medical AB (publ) provides an alarm in the event of blood leakage to monitor hemodialysis treatments in Europe, Canada, and Australia.

Full company description

Redsense Medical AB (publ) provides an alarm in the event of blood leakage to monitor hemodialysis treatments in Europe, Canada, and Australia. It offers alarm units, such as Redsense, an alarm system for monitoring the blood access during hemodialysis; sensor patches to monitor venous needle or catheter access; and Redsense clamps to automatically stop the blood flow. The company was founded in 2000 and is headquartered in Halmstad, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Redsense Medical AB reported revenue of kr 24.0M in FY2025 versus kr 9.4M in FY2021, a compound +26.6%/yr. Reported net income was −kr 7.2M in FY2025.

Growth Quality 30/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
24.0M SEK
Latest YoY
−14.7%
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.
+18.8%
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.
+10.7%
Revenue +26.6%/yr
FY21 kr 9.4M
FY22 kr 14.3M
FY23 kr 25.0M
FY24 kr 28.2M
FY25 kr 24.0M
Net income
FY21 −kr 8.0M
FY22 −kr 8.8M
FY23 −kr 4.5M
FY24 kr 342K
FY25 −kr 7.2M

REDS screens 72% overvalued. Compare with Abbott Laboratories, →

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Cite: Fair Value Calculator (2026). "Redsense Medical AB Fair Value". https://www.fairvalue-calculator.com/stock/REDS

Peer Group

Medical Devices · 352 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 40 · Below median
Fair Value upside −72% · Bottom 25%
Return on assets -3% · Below median
Net margin (TTM) -10% · Bottom 25%
Operating margin (TTM) 10% · Above median
Revenue growth 39% · Top 25%

Valuation Multiples vs Medical Devices median · lower = cheaper

P/B 0.22× · Cheaper than 75% of peers
P/S (TTM) 0.27× · 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 0
FUTURE 100 · sector 29
PAST 0 · sector 8
HEALTH 100 · sector 97
DIVIDEND 0 · sector 38

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

Insider activity: 40/100

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 Medical Devices stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Abbott Laboratories, ABT $100.68 $74.79 -26%
Stryker Corporation SYK $316.44 $186.28 -41%
Medtronic plc MDT $83.56 $65.57 -22%
Boston Scientific Corporation BSX $43.04 $38.44 -11%
Edwards Lifesciences Corporation EW $85.73 $41.02 -52%
Siemens Healthineers AG SHL €34.59 €33.87 -2%
Shenzhen Mindray Bio-Medical Electronics Co 300760 ¥149.43 ¥147.63 -1%
Shanghai United Imaging Healthcare Co 688271 ¥109.00 ¥43.60 -60%
Demant A/S DEMANT kr 276.60 kr 161.17 -42%
Getinge AB GETIB kr 206.80 kr 192.14 -7%

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Frequently asked questions

Is Redsense Medical AB (REDS) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of kr 1.11 versus a price of kr 4.00, about −72% (overvalued).
What is the fair value of REDS?
Our model-based fair value for Redsense Medical AB is kr 1.11 (as of Jul 12, 2026), built from audited fundamentals. The current price is kr 4.00.
What is the quality score of REDS?
Redsense Medical AB has a Quality Score of 36/100. 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 Redsense Medical AB (REDS)?
Redsense Medical AB reported trailing-twelve-month revenue of about 28.7M SEK (latest available figure, as of Jul 12, 2026).
What is the net profit margin of REDS?
The net profit margin of Redsense Medical AB is about -10.1%, 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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