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RomReal Limited (ROM) Fair Value & Analysis

Real Estate · NO · Market cap 106M NOK

RL RomReal Limited ROM · OL
Pricekr 2.88
Fair Valuekr 4.16
Upside+44.4%
Quality81/100
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Mixed Growth
Highly profitable · 66.3% net margin
Moderate debt · generates free cash flow
Ranks above peers (8/13)
Moderate moat 49/100
Evidence: High Range kr 3.66 – kr 5.20 Share as image

Fair value as of: Jul 13, 2026

From 9 valuation models · updated 28 days ago

Fair value updated Jul 13, 2026, revised from kr 0.3700 to kr 4.16 (+1,024.3%) since Jun 26, 2026. Share price +9.1% over the past month.

A strong business, screening 44% undervalued on our models.

What matters 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 3.66). The market is more pessimistic than our downside scenario.
  • 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)

kr 3.40 kr 1.45 Fair Value kr 4.16 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range kr 1.45 – kr 3.40 · fair‑value band kr 3.66 – kr 5.20 · the kr 2.88 price screens below the kr 4.16 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

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Analysis

RomReal Limited (ROM) currently trades at kr 2.88, while our model-based Fair Value estimate is kr 4.16, implying the stock looks roughly 44.4% undervalued today. The Quality Score stands at 81/100 (high quality), in the Real Estate 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: high), always confirm before acting.

Over the trailing twelve months, RomReal Limited generated revenue of 2.4M NOK at a net margin of 66.3%. Revenue grew 165.6% year over year. It earns a return on equity of 10.6%. The stock trades on a trailing P/E of 5.8. Fundamentals as of Jul 13, 2026

Our scenario range runs from kr 3.66 (bear case) to kr 5.20 (bull case); at kr 2.88, the current price sits below 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 12% below its 52-week high and 36% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -2% fair-value upside, at 44%, ROM 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
Growth DCF kr 0.4100 kr 0.7600 kr 1.29 80
Residual Income kr 0.3100 kr 0.3300 kr 0.3700 61
P/S Multiple kr 0.2800 kr 0.3700 kr 0.4700 58
All 9 models by family
DCF Models
FCF DCF kr 0.4500 kr 0.6900 kr 1.39 38
5Y Revenue Exit kr 0.2600 kr 0.4900 kr 0.9800 39
10Y Revenue Exit kr 0.3200 kr 0.7200 kr 0.9400 36
Multiples
P/S Multiple kr 0.2800 kr 0.3700 kr 0.4700 58
P/B Multiple kr 0.5000 kr 0.6700 kr 0.8400 55
EV/Revenue kr 0.1300 kr 0.2500 kr 0.3700 43
Asset-Based
NCAV (Graham) kr 0.2000 kr 0.2700 kr 0.4000 50
Growth DCF
Growth DCF kr 0.4100 kr 0.7600 kr 1.29 80
Economic Profit
Residual Income kr 0.3100 kr 0.3300 kr 0.3700 61

Widest divergence: Growth DCF (kr 0.7600) versus Asset-Based (kr 0.2700). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 2.4M NOK
Revenue growth (YoY) +166%
Net margin 66.3%
Return on equity 10.6%
Free cash flow 2.0M NOK FY2025
P/E ratio 5.8
More key figures
Operating margin -150%
EPS (TTM) kr 0.4300
EPS growth (YoY) +22.9%

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 81/100

Of which business quality 79 · Market factors (momentum, volatility) 57

Profitability 44
Margins and returns on capital today
Quality Growth 79
Are margins and returns improving?
Cashflow 88
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 58
Price trend over the last 3–12 months (market factor)
52W Momentum 64
Distance to the 52-week high (market factor)
Net Issuance 86
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

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.

Full company description

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.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

RomReal Limited reported revenue of kr 2.3M in FY2025 versus kr 3.7M in FY2021, a compound −11.2%/yr. Reported net income was kr 1.6M in FY2025, compounding +0.9%/yr from FY2021.

Growth Quality 71/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
2.3M NOK
Latest YoY
+199.5%
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.
−22.0%
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.
+7.0%
Avg. growth/yr (12Y) 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.
+17.1%
Revenue −11.2%/yr
FY21 kr 3.7M
FY22 kr 4.9M
FY23 kr 572K
FY24 kr 769K
FY25 kr 2.3M
Net income +0.9%/yr
FY21 kr 1.5M
FY22 −kr 635K
FY23 kr 494K
FY24 −kr 1.7M
FY25 kr 1.6M

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Cite: Fair Value Calculator (2026). "RomReal Limited Fair Value". https://www.fairvalue-calculator.com/stock/ROM

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 81 · Top 25%
Fair Value upside +44% · Above median
Return on equity (TTM) 11% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 66% · Top 25%
Operating margin (TTM) -96% · Bottom 25%
Revenue growth 166% · Top 25%
Debt / equity 0.75× · Higher than median

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/E (TTM) 5.9× · Cheaper than 75% of peers
P/B 0.70× · Pricier than median
P/S (TTM) 4.62× · Pricier than median
P/FCF 5.5× · Pricier than median
EV/EBITDA 9.7× · Cheaper than median

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 93 · sector 37
FUTURE 100 · sector 10
PAST 42 · sector 16
HEALTH 62 · sector 85
DIVIDEND 0 · sector 49

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 Jul 13, 2026).

Stock Price Fair Value vs Fair Value
Vingroup Joint Stock Company VIC 223,000 VND 25,731 VND -88%
KE Holdings 2423 HK$44.76 HK$18.03 -60%
Swire Properties Limited 1972 HK$23.90 HK$18.75 -22%
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 RomReal Limited (ROM) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of kr 4.16 versus a price of kr 2.88, about +44% (undervalued).
What is the fair value of ROM?
Our model-based fair value for RomReal Limited is kr 4.16 (as of Jul 13, 2026), built from audited fundamentals. The current price is kr 2.88.
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 revenue of RomReal Limited (ROM)?
RomReal Limited reported trailing-twelve-month revenue of about 2.4M NOK (latest available figure, as of Jul 13, 2026).
What is the net profit margin of ROM?
The net profit margin of RomReal Limited is about 66.3%, meaning it keeps roughly 66.3% of revenue as net income. 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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