EN DE

Röko AB (ROKO-B) Fair Value & Analysis

Financial Services · SE · Market cap 28.8B SEK (≈ $3.0B) · ISIN SE0023950795

What is Röko AB really worth?

RA Röko AB ROKO-B · ST
Pricekr 1,900
Fair Valuekr 1,084
Upside−42.9%
Quality67/100

A solid business, but trading 75% above our fair value of kr 1,084.

Watch Röko 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 free

Strengths

Healthy Growth (revenue 5y +60.1 %/yr)
Solidly profitable · 11.4% net margin
Low debt · generates free cash flow

Risks

!Mixed vs. peers (6/13)
!Moderate moat 57/100
!Evidence only medium, so the estimate is less certain
Evidence: Medium Range kr 813.13 – kr 1,355

Fair value as of: Aug 30, 2026

From 11 valuation models · updated 6 days ago

Share price −0.2% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (kr 1,355). The favourable scenario is already priced in.
  • Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Price vs Fair Value (18 months)

kr 3,000 kr 1,453 Fair Value kr 1,084 Mar 2025 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 30, 2026.

How to read this chart

18‑month range kr 1,453 – kr 3,000 · fair‑value band kr 813.13 – kr 1,355 · the kr 1,900 price screens above the kr 1,084 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 30, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Röko AB (ROKO-B) currently trades at kr 1,900, while our model-based Fair Value estimate is kr 1,084, implying the stock looks roughly 75.3% overvalued today. The Quality Score stands at 67/100 (solid quality), in the Financial Services sector. Bull case: the DCF Models group reads highest at a median of kr 2,198 per share, and 5 of the 11 models we run sit above the kr 1,900 price. Bear case: the Asset-Based group reads lowest at kr 252.67, and 6 of the 11 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Röko AB generated revenue of 6.6B SEK at a net margin of 11.4%. Revenue grew 9.3% year over year. It earns a return on equity of 13.5%. Net debt stands at 1.0B SEK. Fundamentals as of Aug 30, 2026

Our scenario range runs from kr 813.13 (bear case) to kr 1,355 (bull case); at kr 1,900, 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 37% below its 52-week high and 36% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −43%, ROKO-B screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly kr 35.06 per share, which is 3.2 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
Growth DCF best evidence kr 1,132 kr 2,083 kr 4,004 73
Owner Earnings kr 1,221 kr 2,746 kr 5,945 69
Rev-Margin DCF kr 818.25 kr 1,502 kr 2,815 68
All 11 models by family
DCF Models
Owner Earnings kr 1,221 kr 2,746 kr 5,945 69
5Y P/E Exit kr 962.50 kr 2,045 kr 3,507 67
10Y P/E Exit kr 1,049 kr 2,198 kr 4,058 60
Earnings-Based
Graham-Dodd kr 351.07 kr 2,448 kr 3,436 60
Lynch FV kr 983.71 kr 1,405 kr 1,827 58
Multiples
P/E Multiple kr 813.13 kr 1,084 kr 1,355 61
P/B Multiple kr 658.25 kr 877.67 kr 1,097 53
Asset-Based
NCAV (Graham) kr 188.56 kr 252.67 kr 377.12 52
Growth DCF
Growth DCF best evidence kr 1,132 kr 2,083 kr 4,004 73
Rev-Margin DCF kr 818.25 kr 1,502 kr 2,815 68
Economic Profit
Residual Income kr 364.84 kr 461.23 kr 1,158 62

Widest divergence: DCF Models (kr 2,198) versus Asset-Based (kr 252.67). Highest evidence: Growth DCF (73).

Notify me when ROKO-B reaches fair value

Put ROKO-B on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 38.2 as of Jul 16, 2026
P/S ratio 4.47 P/E × margin
EPS (TTM) kr 51.67 price ÷ EPS = P/E 38.2
Net margin 11.7% FY2025
Return on equity 13.5% TTM
Return on assets (EBIT) 7.6% avg 5y
More key figures
Profitability
Operating margin 18.2% TTM
Growth
Revenue (TTM) 6.6B SEK TTM
Revenue growth (YoY) +9.3% 3y avg +14.3%
EPS growth (YoY) +0.8%
Balance sheet & cash flow
Free cash flow 1.0B SEK FY2025
Net debt 1.0B SEK FY2025 · ≈ 1.0 yrs of FCF

Figures from reported company fundamentals · as of Aug 30, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 67/100

Of which business quality 66 · Market factors (momentum, volatility) 47

Profitability 47
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 73
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 68
Disciplined investing over empire-building
Low Volatility 61
Calm price path (market factor)
Momentum 49
Price trend over the last 3–12 months (market factor)
52W Momentum 28
Distance to the 52-week high (market factor)
Net Issuance 82
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Röko AB (publ) is a private equity firm specializing in lower middle market, small- and medium-sized businesses. The firm prefers to invest in B2B and B2C markets. The firm typically invests in European region.

Full company description

Röko AB (publ) is a private equity firm specializing in lower middle market, small- and medium-sized businesses. The firm prefers to invest in B2B and B2C markets. The firm typically invests in European region. It typically invests in companies with EBITDA between EUR 2 million ($2.31 million) and EUR 15 million ($17.44 million), along with a margin of at least 15% and EBITDA (A) between $3 million and $15 million and revenue between $15 million and $150 million. The firm only seeks minority stakes. Roko AB (publ) was founded in 2019 and is based in Stockholm, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Röko AB reported revenue of 6.5B SEK in FY2025 versus 2.1B SEK in FY2021, a compound +32.7%/yr. Reported net income was 755M SEK in FY2025, compounding +36.6%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
6.5B SEK
Latest YoY
+4.4%
Avg. revenue 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.
+14.3%
Avg. revenue 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.
+60.1%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+38.5% · in SEK
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+38.5%
Dividend yield0.0%
Operating margin (EBIT) 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.14.5% (2020) → 18.1% (2025) · rising
Revenue +32.7%/yr
FY21 2.1B SEK
FY22 4.3B SEK
FY23 5.6B SEK
FY24 6.2B SEK
FY25 6.5B SEK
Net income +36.6%/yr
FY21 217M SEK
FY22 386M SEK
FY23 541M SEK
FY24 702M SEK
FY25 755M SEK

ROKO-B screens 75% overvalued. Compare with Blackstone Inc →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

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). "Röko AB Fair Value". https://www.fairvalue-calculator.com/stock/ROKO-B

Peer Group

Asset Management · 695 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 67 · Above median
Fair Value upside −43% · Bottom 25%
Return on equity (TTM) 13% · Above median
Return on assets 6% · Above median
Net margin (TTM) 11% · Below median
Operating margin (TTM) 18% · Below median
Revenue growth 9% · Above median
Debt / equity 0.00× · Lower than median

Valuation Multiples vs Asset Management median · lower = cheaper

P/E (TTM) 38.2× · Pricier than 75% of peers
P/B 5.23× · Pricier than 75% of peers
P/S (TTM) 4.36× · Pricier than median
P/FCF 3.0× · Cheaper than median
EV/EBITDA 19.5× · Pricier than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 40
FUTURE47 · sector 15
PAST54 · sector 24
HEALTH100 · sector 95
DIVIDEND0 · sector 81

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

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

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Aug 30, 2026).

Stock Price Fair Value vs Fair Value
Blackstone Inc BX $142.39 $52.88 −63%
Investor AB INVEB kr 417.20 kr 824.66 +98%
Brookfield Corporation BN C$55.74 C$10.67 −81%
KKR & Co KKR $108.68 $19.97 −82%
Apollo Global Management, Inc APO $135.04 $101.04 −25%
State Street Corporation STT $193.33 $138.33 −28%
Ameriprise Financial, Inc AMP $559.32 $515.24 −8%
Ares Management Corporation ARES $143.10 $30.88 −78%
Northern Trust Corporation NTRS $186.79 $122.02 −35%
Raymond James Financial, Inc RJF $181.10 $142.42 −21%

Compare Röko AB with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Röko AB (ROKO-B) overvalued or undervalued?
As of Aug 30, 2026, our model estimates a fair value of kr 1,084 versus a price of kr 1,900, about −43% upside (overvalued).
What is the fair value of ROKO-B?
Our model-based fair value for Röko AB is kr 1,084 (as of Aug 30, 2026), built from audited fundamentals. The current price: kr 1,900.
What is the quality score of ROKO-B?
Röko AB has a Quality Score of 67/100. 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 Röko AB (ROKO-B)?
Röko AB reported trailing-twelve-month revenue of about 6.6B SEK (latest available figure, as of Aug 30, 2026).
What is the net profit margin of ROKO-B?
The net profit margin of Röko AB is about 11.4%, meaning it keeps roughly 11.4% of revenue as net income. Based on the latest reported figures.
Free · no account needed

Watch Röko AB in the live analysis

One click puts Röko 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.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.