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SP Group (SPG) Fair Value & Analysis

Basic Materials · DK · Market cap 4.9B DKK

SG SP Group SPG · CO
Pricekr 419.00
Fair Valuekr 314.26
Upside-25.0%
Quality95/100
Evidence: High Range kr 162.28 – kr 478.70

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 5 days ago

Share price −5.0% over the past month.

Price vs Fair Value (12 months)

kr 451.15 kr 275.29 Fair Value kr 314.26 Jun 2025 Jun 2026

12‑month range kr 275.29 – kr 451.15 · fair‑value band kr 162.28 – kr 478.70 · the kr 419.00 price screens above the kr 314.26 fair value. As of Jun 24, 2026.

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Analysis

SP Group (SPG) currently trades at kr 419.00, while our model-based Fair Value estimate is kr 314.26 — implying the stock looks roughly 25.0% overvalued today. We read business quality at 95/100 (high quality), in the Basic Materials 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, SP Group generated revenue of 3.1B DKK at a net margin of 9.1%. Revenue grew 22.9% year over year. It earns a return on equity of 15.8%. Net debt stands at 1.5B DKK. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 3.1B DKK
Revenue growth (YoY) +22.9%
Net margin 9.1%
Return on equity 15.8%
Free cash flow 211M DKK FY2025
P/E ratio 17.5
More key figures
Operating margin 14.4%
EPS (TTM) kr 23.98
Dividend yield 1.0%
EPS growth (YoY) +28.4%
Net debt 1.5B DKK FY2025

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

About the company

SP Group A/S, together with its subsidiaries, manufactures and sells moulded plastic and composite components in Denmark, rest of Europe, the Americas, Asia, the Middle East, Australia, and Africa. The company offers hydrographic printing, electromagnetic shielding, other coatings; solid, foamed, flexible, and light-foam polyurethane products; and ventilation equipment, ergonomic matting, and striping products. It also offers vacuum forming, high-pressure, and twin-sheet thermoformed plastic components for use in refrigerators, freezers, cars, buses, and other rolling stocks, as well as in cleantech and medical device industries; injection-moulded plastic precision components for various industries; blow-moulded plastic precision components for various industries. In addition, the company fenders and buoys for the maritime industry; various products for the medical device industry; and composite solutions for industries based on glass fibre or carbon fibre combined with other materi…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SP Group reported revenue of kr 2.9B in FY2025 versus kr 2.5B in FY2021, a compound +4.4%/yr. Reported net income was kr 265M in FY2025, compounding +6.9%/yr from FY2021.

Revenue +4.4%/yr
FY21 kr 2.5B
FY22 kr 2.7B
FY23 kr 2.6B
FY24 kr 2.9B
FY25 kr 2.9B
Net income +6.9%/yr
FY21 kr 203M
FY22 kr 213M
FY23 kr 159M
FY24 kr 261M
FY25 kr 265M

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Intercontinental Exchange, Inc I1CE34 R$334.47 R$67.12 -80%
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Frequently asked questions

Is SP Group (SPG) undervalued?
As of Jun 24, 2026, our model estimates a fair value of kr 314.26 versus a price of kr 419.00 — about −25% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SPG?
Our 21-model fair value for SP Group is kr 314.26 (as of Jun 24, 2026), built from audited fundamentals. The current price is kr 419.00.
What is the quality score of SPG?
SP Group has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of SP Group (SPG)?
SP Group reported trailing-twelve-month revenue of about 3.1B DKK (latest available figure, as of Jun 24, 2026).
What is the net profit margin of SPG?
The net profit margin of SP Group is about 9.1%, meaning it keeps roughly 9.1% of revenue as net income. Based on the latest reported figures.
Does SP Group pay a dividend?
SP Group currently shows a dividend yield of about 0.96% relative to its recent price (as of Jun 24, 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.

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