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Solar A/S (SOLAR-B) Fair Value & Analysis

Technology · DK · Market cap 1.6B DKK

SA Solar A/S SOLAR-B · CO
Pricekr 204.00
Fair Valuekr 159.14
Upside-22.0%
Quality42/100
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Evidence: High Range kr 157.46 – kr 166.87 📤 Share as image

Fair value as of: Jul 17, 2026

From 15 valuation models · updated 5 days ago

Share price +5.9% over the past month.

Price vs Fair Value (12 months)

kr 283.62 kr 172.21 Fair Value kr 159.14 Jul 2025 Jul 2026

12‑month range kr 172.21 – kr 283.62 · fair‑value band kr 157.46 – kr 166.87 · the kr 204.00 price screens above the kr 159.14 fair value. As of Jul 17, 2026.

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Analysis

Solar A/S (SOLAR-B) currently trades at kr 204.00, while our model-based Fair Value estimate is kr 159.14, implying the stock looks roughly 22.0% overvalued today. We read business quality at 42/100 (below-average 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, Solar A/S generated revenue of 12.3B DKK at a net margin of 0.5%. Revenue grew 2.6% year over year. It earns a return on equity of 3.1%. Net debt stands at 1.9B DKK. Fundamentals as of Jul 17, 2026

Our scenario range runs from kr 157.46 (bear case) to kr 166.87 (bull case); at kr 204.00, the current price sits above that range. The share trades about 31% below its 52-week high and 19% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -31% fair-value upside, at -22%, SOLAR-B screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 12.3B DKK
Revenue growth (YoY) +2.6%
Net margin 0.5%
Return on equity 3.1%
Free cash flow −10.0M DKK FY2025
P/E ratio 23.9
More key figures
Operating margin -0.9%
EPS (TTM) kr 8.40
EPS growth (YoY) +84.2%
Net debt 1.9B DKK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 17, 2026. TTM = trailing twelve months.

About the company

Solar A/S operates as a sourcing and services company in electrical, heating and plumbing, ventilation, and climate and energy solutions in Denmark, Sweden, Norway, The Netherlands, and Poland. It operates through three segments: Installation, Industry, and Trade. The company offers EV chargers, data and security, renewable energy, heating and plumbing, ventilation, lighting, cable, and electrical material products; tools, cable, ventilation; and office and canteen article products. It also provides inventory management, special handling, logistic solutions, and rental services, as well as delivery and support services. Solar A/S was founded in 1919 and is based in Vejen, Denmark.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Solar A/S reported revenue of kr 12.2B in FY2025 versus kr 12.4B in FY2021, a compound −0.4%/yr. Reported net income was kr 74.0M in FY2025, compounding −38.9%/yr from FY2021.

Revenue −0.4%/yr
FY21 kr 12.4B
FY22 kr 13.9B
FY23 kr 13.0B
FY24 kr 12.2B
FY25 kr 12.2B
Net income −38.9%/yr
FY21 kr 531M
FY22 kr 660M
FY23 kr 347M
FY24 kr 151M
FY25 kr 74.0M

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Cite: Fair Value Calculator (2026). "Solar A/S Fair Value". https://www.fairvalue-calculator.com/stock/SOLAR-B

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Frequently asked questions

Is Solar A/S (SOLAR-B) undervalued?
As of Jul 17, 2026, our model estimates a fair value of kr 159.14 versus a price of kr 204.00, about −22% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SOLAR-B?
Our model-based fair value for Solar A/S is kr 159.14 (as of Jul 17, 2026), built from audited fundamentals. The current price is kr 204.00.
What is the quality score of SOLAR-B?
Solar A/S has a Quality Score of 42/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Solar A/S (SOLAR-B)?
Solar A/S reported trailing-twelve-month revenue of about 12.3B DKK (latest available figure, as of Jul 17, 2026).
What is the net profit margin of SOLAR-B?
The net profit margin of Solar A/S is about 0.5%, meaning it keeps roughly 0.5% 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.