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Stillfront Group (SF) Fair Value & Analysis

Communication Services · SE · Market cap 2.5B SEK

SG Stillfront Group SF · ST
Pricekr 4.20
Fair Valuekr 25.07
Upside+496.6%
Quality95/100
Evidence: Low Range kr 16.84 – kr 33.31

Fair value as of: Jun 24, 2026

From 14 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from kr 53.16 to kr 25.07 (−52.8%) since Jun 23, 2026. Share price −19.7% over the past month.

Price vs Fair Value (12 months)

kr 6.97 kr 3.35 Fair Value kr 25.07 Jun 2025 Jun 2026

12‑month range kr 3.35 – kr 6.97 · fair‑value band kr 16.84 – kr 33.31 · the kr 4.20 price screens below the kr 25.07 fair value. As of Jun 24, 2026.

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Analysis

Stillfront Group (SF) currently trades at kr 4.20, while our model-based Fair Value estimate is kr 25.07 — implying the stock looks roughly 496.6% undervalued today. We read business quality at 95/100 (high quality), in the Communication Services 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: low) — always confirm before acting.

Over the trailing twelve months, Stillfront Group generated revenue of 5.9B SEK at a net margin of -39.3%. Revenue declined 13.5% year over year. It earns a return on equity of -42.1%. Net debt stands at 3.8B SEK. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 5.9B SEK
Revenue growth (YoY) -13.5%
Net margin -39.3%
Return on equity -42.1%
Free cash flow 1.5B SEK FY2025
Operating margin 14.5%
More key figures
EPS (TTM) kr -4.56
EPS growth (YoY) +421%
Net debt 3.8B SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Stillfront Group AB (publ), together with its subsidiaries, designs, develops, markets, publishes, and sells digital games in Europe, North America, the Middle East and North Africa, and the Asia-Pacific. Its games portfolio include Supremacy 1914, Call of War: World War 2, Adult Coloring Book, Goodgame Empire, BitLife, Conflict of Nations: World War 3, Goodgame Big Farm, Sunshine Island Adventure Farm, Jawaker, Warhammer, Shishinogotoku, Empire, and Imperia. The company's games portfolio include Ellen's Garden Restoration, Too Hot to Handle 2 NETFLIX, Winked, Parchis Club, Hollywood Story, Big Farm: Mobile Harvest, Shakes & Fidget, Word Collect Word Puzzle Game, Trivia Star, Albion Online, Home Design Makeover, Property Brothers Home Design, The Grand Frontier, Nida Harb 3, and Ludo Club. The company was founded in 2010 and is headquartered in Stockholm, Sweden.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Stillfront Group reported revenue of kr 5.7B in FY2025 versus kr 5.5B in FY2021, a compound +1.1%/yr. Reported net income was −kr 2.4B in FY2025.

Revenue +1.1%/yr
FY21 kr 5.5B
FY22 kr 7.1B
FY23 kr 7.0B
FY24 kr 6.7B
FY25 kr 5.7B
Net income
FY21 kr 590M
FY22 kr 559M
FY23 kr 7.0M
FY24 −kr 7.4B
FY25 −kr 2.4B

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Frequently asked questions

Is Stillfront Group (SF) undervalued?
As of Jun 24, 2026, our model estimates a fair value of kr 25.07 versus a price of kr 4.20 — about +497% (undervalued). Model-based estimate, not financial advice.
What is the fair value of SF?
Our 21-model fair value for Stillfront Group is kr 25.07 (as of Jun 24, 2026), built from audited fundamentals. The current price is kr 4.20.
What is the quality score of SF?
Stillfront Group has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Stillfront Group (SF)?
Stillfront Group reported trailing-twelve-month revenue of about 5.9B SEK (latest available figure, as of Jun 24, 2026).
What is the net profit margin of SF?
The net profit margin of Stillfront Group is about -39.3%, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.