RomReal Limited (ROM) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of RomReal Limited NOK 6.75, price NOK 2.68, upside +151.9%, quality 81 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch RomReal Limited 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
60‑month range kr 1.45 – kr 3.40 · fair‑value band kr 2.96 – kr 8.85 · the kr 2.68 price screens below the kr 6.75 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 RomReal in your weekly email
Every Wednesday you see whether RomReal 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.
RomReal Limited, together with its subsidiaries, engages in property investment and development in Romania. It owns a portfolio of properties primarily in Constanta and Ovidiu, as well as involved in several construction projects. The company's plots are primarily suited for residential and commercial developments.
Show more
RomReal Limited, together with its subsidiaries, engages in property investment and development in Romania. It owns a portfolio of properties primarily in Constanta and Ovidiu, as well as involved in several construction projects. The company's plots are primarily suited for residential and commercial developments. The company was incorporated in 2005 and is based in Hamilton, Bermuda.
Stock analysis
RomReal Limited (ROM) currently trades at kr 2.68, while our model-based Fair Value estimate is kr 6.75, implying the stock looks roughly 60.3% undervalued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of kr 1.29 per share, and 0 of the 9 models we run sit above the kr 2.68 price.
Bear case: the DCF Models group reads lowest at kr 0.9200, and 9 of the 9 models stay below the price. Evidence for this calculation is low.
Scenario range: kr 2.96 (bear) to kr 8.85 (bull), the price of kr 2.68 sits below 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 81/100 (high quality), in the Real Estate sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
RomReal Limited reported revenue of €2.3M in FY2025 versus €3.7M in FY2021, a compound −11.2%/yr. Reported net income was €1.6M in FY2025, compounding +0.9%/yr from FY2021.
Key figures
Market cap 108M NOK (≈ $11.3M) · P/E ratio 6.0 · P/S ratio 4.11 · EPS (TTM) kr 0.4500 · Net margin 68.9% · Return on equity 10.6% · Return on assets (EBIT) −2.0% · Operating margin −95.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 9% below its 52-week high and 26% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −37% fair-value upside, at 152%, ROM screens cheaper than that median.
Fair Value models
Bear kr 2.96Fair Value kr 6.75Bull kr 8.85
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 0.3304 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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+199.5%
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.
−22.0%
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.
+7.0%
Start year 2020 (pandemic). Over 10 years: +23.8% a year
Revenue growth 12 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.
+17.1%
’13
’14
’15
’16
’17
’18
’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.
+1.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+1.2%
Dividend (yield on the price)0.0%
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.−86% → −4%
⚠ Revenue per share shrinking 33.8%/yr over ~6Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
A lot of optimism in the price
The price assumes more 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).
+24.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Norway: IMF forecast 2.4% a year to 2030, 3.3% from 2016 to 2025) that is about +21.7% 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.Real Estate Services · 547 stocks
Beats the industry median on 8/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score81 · Top 25%
Fair Value upside+150% · Top 25%
Profitability
Return on equity (TTM)11% · Top 25%
Return on assets7% · Top 25%
Net margin (TTM)66% · Top 25%
Operating margin (TTM)−96% · Bottom 25%
Growth and dividend
Revenue growth166% · Top 25%
Balance sheet
Debt / equity0.75× · Above median
Valuation Multiplesvs Real Estate Services 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). "RomReal Limited Fair Value". https://www.fairvalue-calculator.com/stock/ROM
Frequently asked questions
Is RomReal Limited (ROM) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of kr 6.75 versus a price of kr 2.68, about +152% upside (undervalued).
What is the fair value of ROM?
Our model-based fair value for RomReal Limited is kr 6.75 (as of Sep 24, 2026), built from audited fundamentals. The current price: kr 2.68.
What is the quality score of ROM?
RomReal Limited has a Quality Score of 81/100. 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 RomReal Limited (ROM)?
Our model-based price target is the fair value of kr 6.75 (as of Sep 24, 2026) from 9 valuation models. Cautious scenario kr 2.96, optimistic scenario kr 8.85. It is a calculation from audited fundamentals, not an analyst target.
What is the RomReal Limited stock forecast for 2026?
Our models put fair value at kr 6.75, about +152% upside versus a price of kr 2.68 (undervalued). Cautious scenario kr 2.96, optimistic scenario kr 8.85. The calculation is refreshed regularly with new filings.
What is the revenue of RomReal Limited (ROM)?
RomReal Limited reported trailing-twelve-month revenue of about 2.4M NOK (latest available figure, as of Sep 24, 2026).
What growth is priced into RomReal Limited (ROM)?
For today's price to be fair in a discounted-cash-flow model, RomReal Limited would have to grow free cash flow by +24.7 % 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 +7.0 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of ROM use?
Our models discount RomReal Limited at 8.3 %: a base by market capitalisation (nano), damped by beta 0.28, country premium for Norway. 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 RomReal Limited that is +24.7 % 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 RomReal Limited (ROM) delivered so far?
Over the past 5 years revenue at RomReal Limited grew +7.0 % a year. The price currently implies +24.7 % 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 RomReal Limited (ROM) growing?
The median revenue growth in the sector is +1.8 % a year. That is the yardstick for the growth priced into RomReal Limited (+24.7 % 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 RomReal Limited (ROM)?
The free-cash-flow yield on the price is 1.88 %: that much free cash flow RomReal Limited 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 RomReal Limited (ROM)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For RomReal Limited it is kr 6.75 per share (as of Sep 24, 2026), against a price of kr 2.68. It is the blended result of 9 valuation models (cash flow, earnings, asset, dividend).
Is RomReal Limited stock overvalued or undervalued in 2026?
As of Sep 24, 2026, ROM trades below its calculated fair value: price kr 2.68, fair value kr 6.75, a gap of about +152% (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 ROM?
No. The price is what the market pays today (kr 2.68); the fair value is what the company's own numbers justify (kr 6.75). For RomReal Limited the two are kr 4.07 per share apart. That gap is exactly why we show both numbers side by side.
How much is RomReal Limited worth?
The market values RomReal Limited at about 108M NOK (market capitalisation, as of Sep 24, 2026). Per share that is kr 2.68; our models calculate a fair value of kr 6.75 per share.
What do the bullish and bearish scenarios say about ROM?
Our models span a range for RomReal Limited: cautious scenario kr 2.96, base kr 6.75, optimistic kr 8.85 per share (as of Sep 24, 2026, price kr 2.68). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ROM?
RomReal Limited trades at a price-to-earnings ratio of 6.0 (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 6.75 is built from several models across several years. Other multiples: P/B 0.7, P/S 4.8, EV/EBITDA 9.9.
How solid is the balance sheet of RomReal Limited (ROM)?
Balance-sheet figures for RomReal Limited (as of Sep 24, 2026): return on equity 10.6%, debt of 0.75 per unit of equity. They feed the Quality Score of 81/100, which measures business quality independently of the share price.
How far is ROM from its 52-week high?
RomReal Limited trades at kr 2.68, about 9% below its 52-week high of kr 2.96 and 26% above the low of kr 2.12 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of kr 6.75 is for.
Which stocks are comparable to RomReal Limited?
From the same area (Real Estate) we also value Vingroup Joint Stock Company, CBRE Group, Vonovia SE, Cellnex Telecom, S.A, 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 RomReal Limited stock attractive at the current price?
The data as of Sep 24, 2026: price kr 2.68, calculated fair value kr 6.75 (+152%), Quality Score 81/100, from 9 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 ROM calculated?
We run RomReal Limited through 9 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 6.75, 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. RomReal Limited currently trades 152 % 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 RomReal Limited (ROM)?
The closing price on Sep 24, 2026 was kr 2.68. Our model-based fair value is kr 6.75, about +152% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with RomReal Limited right now?
The rarer combination: high quality (81/100) AND below fair value. That earns a closer look rather than a quick verdict. The price is below even our cautious bear case (kr 2.96). The market is more pessimistic than our downside scenario. The model range is unusually wide (kr 2.96 to kr 8.85). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of RomReal Limited
How large is the market capitalisation of RomReal Limited (ROM)?
The market capitalisation of RomReal Limited is 108M NOK (≈ $11.3M). 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 RomReal Limited (ROM)?
The price-to-sales ratio of RomReal Limited is 4.11 (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 RomReal Limited (ROM)?
Earnings per share at RomReal Limited are kr 0.4500 (price ÷ EPS = P/E 6.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of RomReal Limited (ROM)?
The net margin of RomReal Limited is 68.9% (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 RomReal Limited (ROM)?
The return on equity (ROE) of RomReal Limited is 10.6% (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 RomReal Limited (ROM)?
On an EBIT basis the return on assets of RomReal Limited is −2.0% (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 RomReal Limited (ROM)?
The operating margin of RomReal Limited is −95.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at RomReal Limited (ROM)?
Revenue at RomReal Limited is growing +166% versus a year earlier (3y avg −22.0%). 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 RomReal Limited (ROM)?
Earnings per share at RomReal Limited are growing +22.9% versus a year earlier. How much earnings per share grew versus a year earlier.
Free · no account needed
Watch RomReal Limited in the live analysis
One click puts RomReal Limited 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.
