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Reinhold Europe AB (RHD) Fair Value & Analysis

Real Estate · PL · Market cap 5.6M PLN

RE Reinhold Europe AB RHD · WAR
Price0.0500 PLN
Fair Value0.0299 PLN
Upside-40.2%
Quality33/100
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Mixed Growth
Loss-making · -132.1% net margin
Negative equity (buybacks among others) · negative free cash flow
Trails peers (1/9)
Moderate moat 46/100
Evidence: Low Range 0.0299 PLN – 0.0299 PLN Share as image

Fair value as of: Jun 26, 2026

From 2 valuation models · updated 45 days ago

Fair value updated Jun 26, 2026, revised from 0.0100 PLN to 0.0299 PLN (+199.0%) since Jun 25, 2026. Share price +2.0% over the past month.

Below-average quality, and screening another 40% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.0299 PLN). The favourable scenario is already priced in.
  • Weak quality (33/100) 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.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

0.5700 PLN 0.0350 PLN Fair Value 0.0299 PLN Oct 2015 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jun 26, 2026.

How to read this chart

60‑month range 0.0350 PLN – 0.5700 PLN · the 0.0500 PLN price screens above the 0.0299 PLN fair value. Dashed = 300-day average. As of Jun 26, 2026.

Full chart & analysis →

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Analysis

Reinhold Europe AB (RHD) currently trades at 0.0500 PLN, while our model-based Fair Value estimate is 0.0299 PLN, implying the stock looks roughly 40.2% overvalued today. The Quality Score stands at 33/100 (below-average quality), in the Real Estate 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).

Trailing-twelve-month revenue stands at 112K PLN. Fundamentals as of Jun 26, 2026

The share trades about 30% below its 52-week high and 43% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -2% fair-value upside, at -40%, RHD 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
EV/EBITDA 0.0100 PLN 0.0100 PLN 0.0100 PLN 54
EV/EBIT 0.0100 PLN 0.0100 PLN 0.0100 PLN 53
All 2 models by family
Multiples
EV/EBIT 0.0100 PLN 0.0100 PLN 0.0100 PLN 53
EV/EBITDA 0.0100 PLN 0.0100 PLN 0.0100 PLN 54

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Key figures & financial health

Revenue (TTM) 112K PLN
Net margin -132%
Free cash flow −740K PLN FY2019
Operating margin 42.0%
EPS growth (YoY) -99.4%
Net cash 5.0K PLN FY2017

Figures from reported company fundamentals · as of Jun 26, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 33/100

Of which business quality 32 · Market factors (momentum, volatility) 39

Profitability 0
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 50
Earnings quality: real cash, not paper profit
Fin. Strength 25
Balance sheet, leverage, solvency risk
Investment 50
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 22
Distance to the 52-week high (market factor)
Net Issuance 40
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

Reinhold Europe AB (publ) provides real estate-related services. The company operates as a supplier/agent of prefabricated properties, including modules. It also constructs housing for senior citizens and permanent housing for immigrants; and develops prefabricated apartment modules for the construction of permanent or temporary housing.

Full company description

Reinhold Europe AB (publ) provides real estate-related services. The company operates as a supplier/agent of prefabricated properties, including modules. It also constructs housing for senior citizens and permanent housing for immigrants; and develops prefabricated apartment modules for the construction of permanent or temporary housing. The company was formerly known as Reinhold Polska AB and changed its name to Reinhold Europe AB (publ) in May 2014. Reinhold Europe AB (publ) was incorporated in 2006 and is headquartered in Stockholm, Sweden.

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

Revenue & earnings trend

FY2011 – FY2019 · reported fiscal years

Reinhold Europe AB reported revenue of 54.0K PLN in FY2018 versus 1.1M PLN in FY2011, a compound −34.9%/yr. Reported net income was −148K PLN in FY2019.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2018)
54.0K PLN
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.
−46.3%
Avg. growth/yr (11Y) 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.
−4.5%
Revenue −34.9%/yr
FY11 1.1M PLN
FY12 1.2M PLN
FY13 1.2M PLN
FY14 961K PLN
FY18 54.0K PLN
Net income
FY15 −18.2M PLN
FY16 3.7M PLN
FY17 −2.5M PLN
FY18 −1.2M PLN
FY19 −148K PLN

RHD screens 40% overvalued. Compare with Vingroup Joint Stock Company →

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Cite: Fair Value Calculator (2026). "Reinhold Europe AB Fair Value". https://www.fairvalue-calculator.com/stock/RHD

Peer Group

Real Estate Services · 520 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 34 · Bottom 25%
Fair Value upside −40% · Bottom 25%
Return on assets 2% · Below median
Net margin (TTM) -132% · Bottom 25%
Operating margin (TTM) 42% · Above median
Revenue growth 0% · Below median

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/S (TTM) 13.51× · Pricier than 75% of peers
EV/EBITDA 32.2× · Pricier than 75% of peers

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 Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

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KE Holdings 2423 HK$44.76 HK$18.03 -60%
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Plaza S.A MALLPLAZA 3,725 CLP 5,571 CLP +50%
SAGAA SAGAA kr 170.00 kr 75.55 -56%
Cencosud Shopping S.A CENCOMALLS 2,324 CLP 2,976 CLP +28%
PT Sarana Menara Nusantara Tbk. owns and TOWR 372.00 IDR 1,208 IDR +225%
PT Metropolitan Kentjana Tbk MKPI 20,975 IDR 19,160 IDR -9%
PT Bangun Kosambi Sukses Tbk, CBDK 3,530 IDR 3,464 IDR -2%
IRSA Inversiones y Representaciones Sociedad Anónima, IRSA 2,495 ARS 3,998 ARS +60%

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Frequently asked questions

Is Reinhold Europe AB (RHD) overvalued or undervalued?
As of Jun 26, 2026, our model estimates a fair value of 0.0299 PLN versus a price of 0.0500 PLN, about −40% (overvalued).
What is the fair value of RHD?
Our model-based fair value for Reinhold Europe AB is 0.0299 PLN (as of Jun 26, 2026), built from audited fundamentals. The current price is 0.0500 PLN.
What is the quality score of RHD?
Reinhold Europe AB 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 revenue of Reinhold Europe AB (RHD)?
Reinhold Europe AB reported trailing-twelve-month revenue of about 112K PLN (latest available figure, as of Jun 26, 2026).
What is the net profit margin of RHD?
The net profit margin of Reinhold Europe AB is about -132.1%, 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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