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Safeture AB (SFTR) Fair Value & Analysis

Technology · SE · Market cap 133M SEK

SA Safeture AB SFTR · ST
Pricekr 3.98
Fair Valuekr 0.9500
Upside-76.1%
Quality54/100
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Expensive Growth
Thin margins · 1.6% net margin
Low debt · generates free cash flow
Trails peers (4/13)
Narrow moat 27/100
Evidence: High Range kr 0.5800 – kr 1.15 Share as image

Fair value as of: Jul 16, 2026

From 23 valuation models · updated 25 days ago

Fair value updated Jul 16, 2026, revised from kr 1.30 to kr 0.9500 (−26.9%) since Jun 24, 2026. Share price +15.7% over the past month.

A solid business, but screening 76% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 1.15). The favourable scenario is already priced in.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (kr 0.5800 to kr 1.15) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

kr 10.86 kr 2.98 Fair Value kr 0.9500 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range kr 2.98 – kr 10.86 · fair‑value band kr 0.5800 – kr 1.15 · the kr 3.98 price screens above the kr 0.9500 fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Safeture AB (SFTR) currently trades at kr 3.98, while our model-based Fair Value estimate is kr 0.9500, implying the stock looks roughly 76.1% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Technology 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: high).

Over the trailing twelve months, Safeture AB generated revenue of 67.1M SEK at a net margin of 1.6%. Revenue declined 1.1% year over year. It earns a return on equity of 3.6%. The balance sheet holds a net cash position of 31.1M SEK. Fundamentals as of Jul 16, 2026

Our scenario range runs from kr 0.5800 (bear case) to kr 1.15 (bull case); at kr 3.98, 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 39% below its 52-week high and 30% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -27% fair-value upside, at -76%, SFTR 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
Growth DCF kr 5.46 kr 8.33 kr 12.81 80
Rev-Margin DCF kr 2.93 kr 3.75 kr 5.46 74
ROIC Compounder kr 1.04 kr 1.07 kr 1.10 72
All 23 models by family
DCF Models
FCF DCF kr 5.78 kr 7.78 kr 13.62 38
5Y Revenue Exit kr 2.81 kr 3.37 kr 4.46 39
5Y EBITDA Exit kr 3.97 kr 5.72 kr 9.11 41
5Y P/E Exit kr 2.75 kr 3.69 kr 4.71 38
10Y Revenue Exit kr 3.90 kr 5.55 kr 6.00 36
10Y EBITDA Exit kr 4.63 kr 7.68 kr 12.50 37
10Y P/E Exit kr 3.87 kr 5.45 kr 7.50 35
Earnings-Based
Graham-Dodd kr 0.1400 kr 0.9500 kr 1.33 54
Lynch FV kr 0.4400 kr 0.6300 kr 0.8200 50
PEG = 1.0 kr 0.4400 kr 0.6300 kr 0.8200 46
EPV kr 1.04 kr 1.07 kr 1.10 59
Multiples
P/E Multiple kr 0.3000 kr 0.4000 kr 0.5000 63
P/S Multiple kr 0.2500 kr 0.3400 kr 0.4200 58
P/B Multiple kr 0.2500 kr 0.3400 kr 0.4200 55
EV/EBIT kr 1.32 kr 1.50 kr 1.68 53
EV/EBITDA kr 2.98 kr 3.71 kr 4.43 54
EV/Revenue kr 1.15 kr 1.30 kr 1.46 43
Asset-Based
NCAV (Graham) kr 0.3700 kr 0.5000 kr 0.7400 50
Growth DCF
Growth DCF kr 5.46 kr 8.33 kr 12.81 80
Rev-Margin DCF kr 2.93 kr 3.75 kr 5.46 74
Economic Profit
Residual Income kr 0.4800 kr 0.4400 kr 0.3200 61
ROIC Compounder kr 1.04 kr 1.07 kr 1.10 72
Growth Earnings
Growth-Adj P/E kr 0.5800 kr 0.8300 kr 1.08 68

Widest divergence: DCF Models (kr 5.55) versus Multiples (kr 0.4000). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 67.1M SEK
Revenue growth (YoY) -1.1%
Net margin 1.6%
Return on equity 3.6%
Free cash flow 16.5M SEK FY2025
P/E ratio 189.0
More key figures
Operating margin 2.4%
EPS (TTM) kr 0.0200
EPS growth (YoY) +50.0%
Net cash 31.1M SEK FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 57 · Market factors (momentum, volatility) 34

Profitability 29
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 74
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 61
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 26
Distance to the 52-week high (market factor)
Net Issuance 65
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

Safeture AB (publ) operates as a software as a service company in Sweden, Europe, Middle East and Africa, the United States, Asia, and Oceania. It offers cloud-based services that manage employee risk, safety, and crisis processes. The company was formerly known as GWS Production AB (publ) and changed its name to Safeture AB (publ) in June 2019.

Full company description

Safeture AB (publ) operates as a software as a service company in Sweden, Europe, Middle East and Africa, the United States, Asia, and Oceania. It offers cloud-based services that manage employee risk, safety, and crisis processes. The company was formerly known as GWS Production AB (publ) and changed its name to Safeture AB (publ) in June 2019. Safeture AB (publ) was incorporated in 2009 and is headquartered in Lund, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Safeture AB reported revenue of kr 57.0M in FY2025 versus kr 26.8M in FY2021, a compound +20.7%/yr. Reported net income was kr 785K in FY2025.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
57.0M SEK
Latest YoY
+1.0%
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.
+16.7%
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.
+21.5%
Avg. growth/yr (13Y) 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.
+52.3%
Revenue +20.7%/yr
FY21 kr 26.8M
FY22 kr 35.8M
FY23 kr 56.4M
FY24 kr 56.4M
FY25 kr 57.0M
Net income
FY21 −kr 23.3M
FY22 −kr 17.1M
FY23 −kr 6.5M
FY24 kr 507K
FY25 kr 785K

SFTR screens 76% overvalued. Compare with SAP SE →

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Cite: Fair Value Calculator (2026). "Safeture AB Fair Value". https://www.fairvalue-calculator.com/stock/SFTR

Peer Group

Software - Application · 709 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 54 · Above median
Fair Value upside −76% · Bottom 25%
Return on equity (TTM) 4% · Above median
Return on assets 1% · Below median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 2% · Below median
Revenue growth -1% · Below median

Valuation Multiples vs Software - Application median · lower = cheaper

P/E (TTM) 169.0× · Pricier than 75% of peers
P/B 4.54× · Pricier than 75% of peers
P/S (TTM) 1.98× · Pricier than median
P/FCF 0.8× · Cheaper than 75% of peers
EV/EBITDA 97.1× · Pricier than 75% of peers

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 0 · sector 0
FUTURE 0 · sector 38
PAST 14 · sector 13
HEALTH 100 · sector 98
DIVIDEND 0 · sector 28

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Software - Application stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
SAP SE SAPS C$12.69 C$16.26 +28%
Shopify Inc SHOP C$173.23 C$20.54 -88%
Uber Technologies, Inc UBER $72.67 $51.11 -30%
Salesforce, Inc CRM $170.77 $182.10 +7%
ServiceNow, Inc NOW $107.71 $33.12 -69%
Cadence Design Systems, Inc CDNS $384.17 $80.41 -79%
Snowflake Inc SNOW $271.87 $34.04 -87%
Adobe Inc ADBE $230.61 $379.48 +65%
Automatic Data Processing, Inc ADP $241.92 $177.51 -27%
Intuit Inc INTU $291.09 $258.69 -11%

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Frequently asked questions

Is Safeture AB (SFTR) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of kr 0.9500 versus a price of kr 3.98, about −76% (overvalued).
What is the fair value of SFTR?
Our model-based fair value for Safeture AB is kr 0.9500 (as of Jul 16, 2026), built from audited fundamentals. The current price is kr 3.98.
What is the quality score of SFTR?
Safeture AB has a Quality Score of 54/100. 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 Safeture AB (SFTR)?
Safeture AB reported trailing-twelve-month revenue of about 67.1M SEK (latest available figure, as of Jul 16, 2026).
What is the net profit margin of SFTR?
The net profit margin of Safeture AB is about 1.6%, meaning it keeps roughly 1.6% 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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