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SRV Group plc (SRV1V) fair value: what the stock is really worth

As of Nov 11, 2026: fair value (intrinsic value) of SRV Group plc stock €17.16, price €7.38, upside +132.5%, quality 56 out of 100. Rating: strongly undervalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.

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Industrials FI · ISIN FI4000523675

SG SRV Group plc logo Broad data Nov 8, 2026

SRV Group plc

SRV1V · HE
Meets all rules

The stock costs 57% less than our calculation considers fair.

Fair value €17.16 · Strongly undervalued
Low debt
Generates free cash flow
Ranks above peers (10/15)
Broad data
Revenue last quarter +28% vs. a year ago.
Quality 56/100
Thin margins · 2.4% net margin (TTM)
Weak Growth (revenue 5y −6.3 %/yr in EUR)
Narrow moat 38/100 · thin data
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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

€15.91 €3.20 Fair Value €17.16 Aug 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.

How to read this chart

60‑month range €3.20 – €15.91 · fair‑value band €14.40 – €20.38 · the €7.38 price screens below the €17.16 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.

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Company profile

SRV Yhtiöt Oyj, together with its subsidiaries, operates as a project management contractor company in Finland. The company builds and develops commercial and business premises, such as offices, hotels, retail premises, and industrial and logistics centers; and housing.

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It also provides building maintenance, renovation, and technology services; technical units and procurement; internal services; building services engineering; and energy and lifecycle services. SRV Yhtiöt Oyj was founded in 1987 and is headquartered in Helsinki, Finland.

Stock analysis

SRV Group plc (SRV1V) currently trades at €7.38, while our model-based Fair Value estimate is €17.16, implying the stock looks roughly 57% undervalued today.

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Valuation

Bull case: the Multiples group reads highest at a median of €20.61 per share, and 21 of the 24 models we run sit above the €7.38 price.

Bear case: the Asset-Based group reads lowest at €6.19, and 3 of the 24 models stay below the price. Data coverage for this calculation is high.

Scenario range: €14.40 (bear) to €20.38 (bull), the price of €7.38 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 56/100 (solid quality), in the Industrials sector.

Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.

SRV Group plc reported revenue of €706M in FY2025 versus €933M in FY2021, a compound −6.7%/yr. Reported net income was €15.5M in FY2025.

Key figures

Market cap €125M Micro · P/E ratio 12.7 · P/S ratio 0.18 · EPS (TTM) €0.5800 · Dividend yield 2.1% · Net margin 2.4% · Return on equity 13.5% · Return on assets (EBIT) 0.8% (5-year average).

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).

What moves the price

The share trades about 26% below its 52-week high and 77% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Industrials peers we cover trades at −44% fair-value upside, at 133%, SRV1V screens cheaper than that median.

Fair Value models

Bear €14.40 Fair Value €17.16 Bull €20.38
Price €7.38 · Upside +132.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (€0.5021 per share) are deliberately not added. 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF €14.73 €17.12 €20.84 82
Growth DCF €14.94 €17.16 €20.38 80
Owner Earnings €17.06 €19.96 €24.49 78
All 24 models by family
DCF Models
FCF DCF €14.73 €17.12 €20.84 82
Owner Earnings €17.06 €19.96 €24.49 78
5Y Revenue Exit €16.15 €21.30 €28.79 73
5Y EBITDA Exit €17.49 €23.62 €31.74 76
5Y P/E Exit €15.56 €20.28 €25.94 72
10Y Revenue Exit €15.12 €18.25 €21.55 68
10Y EBITDA Exit €16.02 €19.38 €22.92 70
10Y P/E Exit €15.08 €17.75 €20.23 65
Earnings-Based
Graham-Dodd €6.22 €7.60 €8.55 67
EPV €12.89 €13.82 €14.56 74
Dividend Discount
Gordon GGM €1.02 €1.09 €1.18 69
DDM Multi-Stage €1.02 €1.16 €1.32 67
Multiples
P/E Multiple €14.40 €19.20 €24.00 63
P/S Multiple €11.66 €15.54 €19.43 58
P/B Multiple €32.33 €43.11 €53.89 55
EV/EBIT €17.33 €24.23 €31.12 66
EV/EBITDA €15.68 €22.02 €28.37 67
EV/Revenue €11.41 €17.74 €24.06 53
Asset-Based
NCAV (Graham) €4.09 €6.19 €7.74 54
Growth DCF
Growth DCF €14.94 €17.16 €20.38 80
Rev-Margin DCF €16.15 €21.63 €28.36 74
Economic Profit
Residual Income €7.43 €7.86 €8.53 76
ROIC Compounder €12.89 €14.02 €15.05 72
Growth Earnings
Growth-Adj P/E €10.17 €14.53 €18.88 67

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Quality Score breakdown

Overall quality 56/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 40
How much profit the company makes from its sales and capital
Quality Growth 23
Are margins and returns getting better?
Cashflow 49
Do the profits arrive as real cash?
Financial strength 53
Debt, balance sheet and risk of trouble
Investment 87
Does it invest with discipline instead of growing at any price?
Low Volatility 29
How calm the share price moves, does not count
Price momentum 81
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 70
Distance to the 52-week high, does not count
New shares 92
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−5.4%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−2.9%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−6.3%
Start year 2020 (pandemic). Over 10 years: −0.2% a year
Revenue growth 22 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+4.4%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−0.7% (2019) → 1.6% (2024)

Growth Forecast

Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−17.0%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (euro area: IMF forecast 2.2% a year to 2030, 2.6% from 2016 to 2025) that is about −18.8% a year for the price.

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Peer Groupⓘ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.Engineering & Construction · 823 stocks

Beats the industry median on 10/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 56 · Above median
Fair Value upside +132.5% · Top 25%
Profitability
Return on equity (12 months) 13.5% · Above median
Return on assets 3.1% · Above median
Net margin (12 months) 2.4% · Below median
Operating margin (12 months) 2.6% · Below median
Growth and dividend
Revenue growth (quarter YoY) 28.2% · Top 25%
Dividend yield (12 months) 2.1% · Below median
Balance sheet
Debt / equity 0.21× · Above median

Valuation Multiplesvs Engineering & Construction median · lower = cheaper

P/E (12 months) 12.7× · Cheaper than median
P/B 0.84× · Cheaper than median
P/S (12 months) 0.18× · Cheapest 25%
Price / free cash flow (fiscal year) 7.0× · Cheaper than median
EV/EBITDA 7.5× · Cheaper than median
PEG 97.78× · Priciest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)100 · sector 30
FUTURE (revenue growth)100 · sector 20
PAST (return on equity)54 · sector 25
HEALTH (low debt)89 · sector 94
DIVIDEND (yield)42 · sector 42

Context: sector, industry, market

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

Similar stocks

10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Vinci SA DG €114.75 €186.68 +63% vs SRV1V
Comfort Systems USA, Inc FIX $1,162 $1,122 −3% vs SRV1V
EMCOR Group EME $666.74 $524.14 −21% vs SRV1V
ACS, Actividades de Construcción y Servicios, S.A ACS €92.95 €62.21 −33% vs SRV1V
Samsung C&T Corporation 028260 283,000 KRW 159,702 KRW −44% vs SRV1V
Larsen & Toubro Limited LT ₹4,212 ₹2,302 −45% vs SRV1V
HOCHTIEF Aktiengesellschaft HOT €374.00 €203.86 −45% vs SRV1V
APi Group APG $44.04 $19.20 −56% vs SRV1V
Ferrovial N.V FER $61.29 $23.22 −62% vs SRV1V
Quanta Services, Inc PWR $607.94 $162.41 −73% vs SRV1V

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SRV Group plc: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "SRV Group plc Fair Value". https://www.fairvalue-calculator.com/stock/SRV1V

Frequently asked questions

Is SRV Group plc (SRV1V) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of €17.16 versus a price of €7.38, about +133% upside (undervalued).
What is the fair value of SRV1V?
Our model-based fair value for SRV Group plc is €17.16 (as of Nov 8, 2026), built from audited fundamentals. The current price: €7.38.
What is the quality score of SRV1V?
SRV Group plc has a Quality Score of 56/100. 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 price target for SRV Group plc (SRV1V)?
Our model-based price target is the fair value of €17.16 (as of Nov 8, 2026) from 24 valuation models. Cautious scenario €14.40, optimistic scenario €20.38. It is a calculation from audited fundamentals, not an analyst target.
What is the SRV Group plc stock forecast for 2026?
Our models put fair value at €17.16, about +133% upside versus a price of €7.38 (undervalued). Cautious scenario €14.40, optimistic scenario €20.38. The calculation is refreshed regularly with new filings.
What is the revenue of SRV Group plc (SRV1V)?
SRV Group plc reported trailing-twelve-month revenue of about €761M (latest available figure, as of Nov 8, 2026).
Does SRV Group plc pay a dividend?
SRV Group plc currently shows a dividend yield of 2.11% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of SRV Group plc (SRV1V)?
SRV Group plc has a dividend yield of 2.1%.
What growth is priced into SRV Group plc (SRV1V)?
For today's price to be fair in a discounted-cash-flow model, SRV Group plc would have to grow free cash flow by -17.0 % per year for five years (discount rate 14.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -6.3 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of SRV1V use?
Our models discount SRV Group plc at 14.2 %: a base by market capitalisation (micro), damped by beta 1.42, country premium for Finland. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For SRV Group plc that is -17.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (14.2 %) and the same formula as our fair value.
How much growth has SRV Group plc (SRV1V) delivered so far?
Over the past 5 years revenue at SRV Group plc grew -6.3 % a year. The price currently implies free-cash-flow growth of -17.0 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of SRV Group plc (SRV1V) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into SRV Group plc (-17.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of SRV Group plc (SRV1V)?
The free-cash-flow yield on the price is 15.77 %: that much free cash flow SRV Group plc produces per unit of market value. When it exceeds the discount rate of our models (14.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of SRV Group plc (SRV1V)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For SRV Group plc it is €17.16 per share (as of Nov 8, 2026), against a price of €7.38. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is SRV Group plc stock overvalued or undervalued in 2026?
As of Nov 8, 2026, SRV1V trades below its calculated fair value: price €7.38, fair value €17.16, a gap of about +133% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of SRV1V?
No. The price is what the market pays today (€7.38); the fair value is what the company's own numbers justify (€17.16). For SRV Group plc the two are €9.78 per share apart. That gap is exactly why we show both numbers side by side.
How much is SRV Group plc worth?
The market values SRV Group plc at about €125M (market capitalisation, as of Nov 8, 2026). Per share that is €7.38; our models calculate a fair value of €17.16 per share.
What do the bullish and bearish scenarios say about SRV1V?
Our models span a range for SRV Group plc: cautious scenario €14.40, base €17.16, optimistic €20.38 per share (as of Nov 8, 2026, price €7.38). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SRV1V?
SRV Group plc trades at a price-to-earnings ratio of 12.7 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €17.16 is built from several models across several years. Other multiples: PEG 97.8, P/B 0.8, P/S 0.2, EV/EBITDA 7.5.
What is the PEG ratio of SRV1V?
The PEG ratio of SRV Group plc is 97.78 (P/E divided by earnings growth, as of Nov 8, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of SRV Group plc (SRV1V)?
Balance-sheet figures for SRV Group plc (as of Nov 8, 2026): return on equity 13.5%, debt of 0.21 per unit of equity. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
How far is SRV1V from its 52-week high?
SRV Group plc trades at €7.38, about 26% below its 52-week high of €10.00 and 77% above the low of €4.18 (as of Nov 11, 2026). Distance from the high says nothing about value: that is what the fair value of €17.16 is for.
Which stocks are comparable to SRV Group plc?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Larsen & Toubro Limited, Comfort Systems USA, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is SRV Group plc stock attractive at the current price?
The data as of Nov 8, 2026: price €7.38, calculated fair value €17.16 (+133%), Quality Score 56/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of SRV1V calculated?
We run SRV Group plc through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of €17.16 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.0% above its aggregate fair value. SRV Group plc currently trades 57% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of SRV Group plc (SRV1V)?
The closing price on Nov 11, 2026 was €7.38. Our model-based fair value is €17.16, about +133% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with SRV Group plc right now?
The price is below even our cautious bear case (€14.40). The market is more pessimistic than our downside scenario. Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality.
Where does the earnings growth of SRV Group plc (SRV1V) come from?
Earnings per share at SRV Group plc grew −25.9 % a year from 2014 to 2025. Broken into its drivers: revenue per share −23.7 %, EBIT margin −2.2 %, tax rate −0.1 %, residual (interest, one-offs) −0.6 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of SRV Group plc

How large is the market capitalisation of SRV Group plc (SRV1V)?
The market capitalisation of SRV Group plc is €125M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of SRV Group plc (SRV1V)?
The price-to-sales ratio of SRV Group plc is 0.18 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of SRV Group plc (SRV1V)?
Earnings per share at SRV Group plc are €0.5800 (price ÷ EPS = P/E 12.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of SRV Group plc (SRV1V)?
The dividend yield of SRV Group plc is 2.1% (payout 26.8%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of SRV Group plc (SRV1V)?
The net margin of SRV Group plc is 2.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of SRV Group plc (SRV1V)?
The return on equity (ROE) of SRV Group plc is 13.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of SRV Group plc (SRV1V)?
On an EBIT basis the return on assets of SRV Group plc is 0.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of SRV Group plc (SRV1V)?
The operating margin of SRV Group plc is 2.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at SRV Group plc (SRV1V)?
Revenue at SRV Group plc is growing +28.2% versus a year earlier (3y avg −2.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at SRV Group plc (SRV1V)?
Earnings per share at SRV Group plc are growing +684% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does SRV Group plc (SRV1V) carry?
The net debt of SRV Group plc is €56.8M (fiscal year 2025, ≈ 2.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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