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Sinch AB (SINCH) Fair Value & Analysis

Communication Services · SE · Market cap 27.8B SEK

SA Sinch AB SINCH · ST
Pricekr 44.19
Fair Valuekr 6.80
Upside-84.6%
Quality57/100
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Mixed Growth
Thin margins · 1.4% net margin
Low debt · generates free cash flow
Trails peers (3/13)
Narrow moat 29/100
Evidence: High Range kr 5.10 – kr 8.50 Share as image

Fair value as of: Jul 18, 2026

From 24 valuation models · updated 23 days ago

Fair value updated Jul 18, 2026, revised from kr 12.83 to kr 6.80 (−47.0%) since Jun 24, 2026. Share price +19.1% over the past month.

A solid business, but screening 85% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 8.50). The favourable scenario is already priced in.
  • Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

kr 201.70 kr 14.07 Fair Value kr 6.80 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range kr 14.07 – kr 201.70 · fair‑value band kr 5.10 – kr 8.50 · the kr 44.19 price screens above the kr 6.80 fair value. Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Sinch AB (SINCH) currently trades at kr 44.19, while our model-based Fair Value estimate is kr 6.80, implying the stock looks roughly 84.6% overvalued today. The Quality Score stands at 57/100 (solid quality), in the Communication Services 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, Sinch AB generated revenue of 27.0B SEK at a net margin of 1.4%. Revenue declined 7.7% year over year. It earns a return on equity of 1.5%. Net debt stands at 6.4B SEK. Fundamentals as of Jul 18, 2026

Our scenario range runs from kr 5.10 (bear case) to kr 8.50 (bull case); at kr 44.19, 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 near its 52-week high and 134% above its 52-week low, currently above its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 32% fair-value upside, at -85%, SINCH 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 BearBaseBull Evidence
Highest evidence
Growth DCF kr 26.22 kr 58.38 kr 111.08 80
Rev-Margin DCF kr 17.55 kr 35.40 kr 72.35 74
ROIC Compounder kr 6.32 kr 8.45 kr 10.31 72
All 24 models by family
DCF Models
FCF DCF kr 28.28 kr 48.19 kr 111.60 38
Owner Earnings kr 35.95 kr 90.03 kr 203.56 31
5Y Revenue Exit kr 15.60 kr 30.11 kr 60.35 39
5Y EBITDA Exit kr 37.22 kr 73.83 kr 145.74 41
5Y P/E Exit kr 6.91 kr 16.45 kr 28.25 38
10Y Revenue Exit kr 18.98 kr 45.64 kr 61.43 36
10Y EBITDA Exit kr 35.46 kr 92.20 kr 192.84 37
10Y P/E Exit kr 13.34 kr 26.94 kr 46.52 35
Earnings-Based
Graham-Dodd kr 2.10 kr 14.65 kr 20.56 54
Lynch FV kr 7.01 kr 10.01 kr 13.01 50
PEG = 1.0 kr 7.01 kr 10.01 kr 13.01 46
EPV kr 6.32 kr 8.45 kr 10.31 59
Multiples
P/E Multiple kr 5.10 kr 6.80 kr 8.50 63
P/S Multiple kr 3.94 kr 5.25 kr 6.56 58
P/B Multiple kr 3.94 kr 5.25 kr 6.56 55
EV/EBIT kr 13.99 kr 20.80 kr 27.61 53
EV/EBITDA kr 38.79 kr 53.87 kr 68.94 54
EV/Revenue kr 9.06 kr 15.70 kr 22.34 43
Asset-Based
NCAV (Graham) kr 16.19 kr 21.69 kr 32.37 50
Growth DCF
Growth DCF kr 26.22 kr 58.38 kr 111.08 80
Rev-Margin DCF kr 17.55 kr 35.40 kr 72.35 74
Economic Profit
Residual Income kr 22.07 kr 20.44 kr 14.87 61
ROIC Compounder kr 6.32 kr 8.45 kr 10.31 72
Growth Earnings
Growth-Adj P/E kr 9.44 kr 13.49 kr 17.54 68

Widest divergence: DCF Models (kr 45.64) versus Multiples (kr 6.80). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 27.0B SEK
Revenue growth (YoY) -7.7%
Net margin 1.4%
Return on equity 1.5%
Free cash flow 1.4B SEK FY2025
P/E ratio 88.4
More key figures
Operating margin 2.1%
EPS (TTM) kr 0.4600
EPS growth (YoY) -73.1%
Net debt 6.4B SEK FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 55 · Market factors (momentum, volatility) 61

Profitability 23
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 57
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 8
Calm price path (market factor)
Momentum 82
Price trend over the last 3–12 months (market factor)
52W Momentum 86
Distance to the 52-week high (market factor)
Net Issuance 84
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

Sinch AB (publ), together with its subsidiaries, provides cloud communication services and digital customer engagement channels to the enterprise sector. The company offers email, messaging, verification, voice, numbers, and other APIs, as well as chatbot builder, contact center, and other applications; and channels and core systems.

Full company description

Sinch AB (publ), together with its subsidiaries, provides cloud communication services and digital customer engagement channels to the enterprise sector. The company offers email, messaging, verification, voice, numbers, and other APIs, as well as chatbot builder, contact center, and other applications; and channels and core systems. It also provides solutions for marketing campaigns, customer updates and services, identity and verifications, operations, and security and risk. The company serves various industries, including financial services, healthcare, media and entertainment, retail, telecommunications, and travel and transport. It operates in Sweden, the Netherlands, France, the United Kingdom, Germany, Brazil, India, Australia, Singapore, the United States, and internationally. Sinch AB (publ) was formerly known as CLX Communications AB (publ) and changed its name to Sinch AB (publ) in July 2019. The company was founded in 2008 and is headquartered in Stockholm, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sinch AB reported revenue of kr 27.1B in FY2025 versus kr 16.2B in FY2021, a compound +13.7%/yr. Reported net income was kr 217M in FY2025, compounding −30.1%/yr from FY2021.

Growth Quality 79/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
27.1B SEK
Latest YoY
−5.7%
Avg. growth/yr (3Y)
−0.8%
Avg. growth/yr (5Y)
+27.5%
Avg. growth/yr (13Y)
+40.0%
Revenue +13.7%/yr
FY21 kr 16.2B
FY22 kr 27.7B
FY23 kr 28.7B
FY24 kr 28.7B
FY25 kr 27.1B
Net income −30.1%/yr
FY21 kr 907M
FY22 −kr 4.9B
FY23 kr 42.0M
FY24 −kr 6.4B
FY25 kr 217M

SINCH screens 85% overvalued. Compare with China Mobile Limited →

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

Peer Group

Telecom Services · 252 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 57 · Above median
Fair Value upside −85% · Bottom 25%
Return on equity (TTM) 2% · Below median
Return on assets 2% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 2% · Bottom 25%
Revenue growth -8% · Bottom 25%
Debt / equity 0.22× · Higher than median

Valuation Multiples vs Telecom Services median · lower = cheaper

P/E (TTM) 86.0× · Pricier than 75% of peers
P/B 1.22× · Cheaper than median
P/S (TTM) 1.03× · Pricier than median
P/FCF 2.0× · Cheaper than median
EV/EBITDA 12.1× · 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 30
FUTURE 0 · sector 15
PAST 6 · sector 28
HEALTH 89 · sector 89
DIVIDEND 0 · sector 72

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

Insider activity: 45/100

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 Telecom Services stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
China Mobile Limited 600941 ¥89.98 ¥109.88 +22%
T-Mobile US, Inc TMUS $187.61 $172.67 -8%
Bharti Airtel Limited BHARTIARTL ₹1,922 ₹941.55 -51%
China Telecom Corporation 601728 ¥6.01 ¥8.36 +39%
América Móvil, S.A. AMXB 23.07 MXN 30.35 MXN +32%
Vodafone Group VODN 259.50 MXN 507.27 MXN +95%
Advanced Info Service Public Company ADVANC 379.00 THB 286.77 THB -24%
Chunghwa Telecom Co 2412 133.50 TWD 100.00 TWD -25%
China Unicom (Hong Kong) Limited 0762 HK$6.50 HK$13.03 +100%
Telefónica, S.A TEFN 75.67 MXN 111.01 MXN +47%

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Frequently asked questions

Is Sinch AB (SINCH) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of kr 6.80 versus a price of kr 44.19, about −85% (overvalued).
What is the fair value of SINCH?
Our model-based fair value for Sinch AB is kr 6.80 (as of Jul 18, 2026), built from audited fundamentals. The current price is kr 44.19.
What is the quality score of SINCH?
Sinch AB has a Quality Score of 57/100. 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 Sinch AB (SINCH)?
Sinch AB reported trailing-twelve-month revenue of about 27.0B SEK (latest available figure, as of Jul 18, 2026).
What is the net profit margin of SINCH?
The net profit margin of Sinch AB is about 1.4%, meaning it keeps roughly 1.4% 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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