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SkiStar AB (SKIS-B) Fair Value & Analysis

Consumer Cyclical · SE · Market cap 12.8B SEK

SA SkiStar AB SKIS-B · ST
Pricekr 160.20
Fair Valuekr 139.38
Upside-13.0%
Quality60/100
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Evidence: High Range kr 82.38 – kr 186.65 📤 Share as image

Fair value as of: Jul 12, 2026

From 24 valuation models · updated 9 days ago

Fair value updated Jul 12, 2026, revised from kr 144.31 to kr 139.38 (−3.4%) since Jun 24, 2026. Share price +1.2% over the past month.

Price vs Fair Value (12 months)

kr 175.50 kr 145.00 Fair Value kr 139.38 Jul 2025 Jul 2026

12‑month range kr 145.00 – kr 175.50 · fair‑value band kr 82.38 – kr 186.65 · the kr 160.20 price screens above the kr 139.38 fair value. As of Jul 12, 2026.

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Analysis

SkiStar AB (SKIS-B) currently trades at kr 160.20, while our model-based Fair Value estimate is kr 139.38, implying the stock looks roughly 13.0% overvalued today. We read business quality at 60/100 (solid quality), in the Consumer Cyclical 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, SkiStar AB generated revenue of 4.9B SEK at a net margin of 12.7%. Revenue grew 7.7% year over year. It earns a return on equity of 15.0%. Net debt stands at 3.7B SEK. Fundamentals as of Jul 12, 2026

Our scenario range runs from kr 82.38 (bear case) to kr 186.65 (bull case); at kr 160.20, the current price sits within that range. The share trades about 9% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 19% fair-value upside, at -13%, SKIS-B screens richer than that median.

Key figures & financial health

Revenue (TTM) 4.9B SEK
Revenue growth (YoY) +7.7%
Net margin 12.7%
Return on equity 15.0%
Free cash flow 580M SEK FY2025
P/E ratio 18.5
More key figures
Operating margin 42.5%
EPS (TTM) kr 7.92
Dividend yield 2.0%
EPS growth (YoY) +5.4%
Net debt 3.7B SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 12, 2026. TTM = trailing twelve months.

About the company

SkiStar AB (publ) owns and operates Alpine ski resorts in Sweden and Norway. The company operates through three segments: Operation of Mountain Resorts; Property Development and Exploitation; and Operation of Hotels. It is involved in ski and bike rentals, hotel, trail pass, and accommodation business, as well as offers ski pass related services. In addition, the company offers climbing parks, trail cycling, hiking trails, and padel courts, and golf facilities, as well as involved in the investment, development, and sale of land and other properties. Further, it operates hotels under the SkiStar brand name that provides accommodation, restaurants, and other goods and services, as well as operates vacation club. SkiStar AB (publ) was incorporated in 1964 and is based in Sälen, Sweden.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SkiStar AB reported revenue of kr 4.6B in FY2025 versus kr 2.8B in FY2021, a compound +13.9%/yr. Reported net income was kr 553M in FY2025, compounding +23.4%/yr from FY2021.

Revenue +13.9%/yr
FY21 kr 2.8B
FY22 kr 4.1B
FY23 kr 4.3B
FY24 kr 4.7B
FY25 kr 4.6B
Net income +23.4%/yr
FY21 kr 238M
FY22 kr 667M
FY23 kr 402M
FY24 kr 473M
FY25 kr 553M

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Cite: Fair Value Calculator (2026). "SkiStar AB Fair Value". https://www.fairvalue-calculator.com/stock/SKIS-B

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Frequently asked questions

Is SkiStar AB (SKIS-B) undervalued?
As of Jul 12, 2026, our model estimates a fair value of kr 139.38 versus a price of kr 160.20, about −13% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SKIS-B?
Our model-based fair value for SkiStar AB is kr 139.38 (as of Jul 12, 2026), built from audited fundamentals. The current price is kr 160.20.
What is the quality score of SKIS-B?
SkiStar AB has a Quality Score of 60/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of SkiStar AB (SKIS-B)?
SkiStar AB reported trailing-twelve-month revenue of about 4.9B SEK (latest available figure, as of Jul 12, 2026).
What is the net profit margin of SKIS-B?
The net profit margin of SkiStar AB is about 12.7%, meaning it keeps roughly 12.7% of revenue as net income. Based on the latest reported figures.
Does SkiStar AB pay a dividend?
SkiStar AB currently shows a dividend yield of about 2.04% relative to its recent price (as of Jul 12, 2026).

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