EN DE

Soiltech ASA (STECH) Fair Value & Analysis

Industrials · NO · Market cap 782M NOK

SA Soiltech ASA STECH · OL
Pricekr 88.80
Fair Valuekr 76.16
Upside-14.2%
Quality50/100
Watch Soiltech ASA for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Thin margins · 0.0% net margin
Moderate debt · generates free cash flow
Trails peers (3/11)
Moderate moat 63/100
Evidence: High Range kr 41.69 – kr 95.20 Share as image

Fair value as of: Jul 12, 2026

From 23 valuation models · updated 29 days ago

Fair value updated Jul 12, 2026, revised from kr 62.39 to kr 76.16 (+22.1%) since Jun 24, 2026. Share price +0.9% over the past month.

A solid business, but screening 14% overvalued on our models.

What matters now

  • Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (kr 41.69 to kr 95.20) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (23 months)

kr 92.00 kr 42.40 Fair Value kr 76.16 Sep 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

23‑month range kr 42.40 – kr 92.00 · fair‑value band kr 41.69 – kr 95.20 · the kr 88.80 price screens above the kr 76.16 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Soiltech ASA (STECH) currently trades at kr 88.80, while our model-based Fair Value estimate is kr 76.16, implying the stock looks roughly 14.2% overvalued today. The Quality Score stands at 50/100 (solid quality), in the Industrials 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).

Net debt stands at 82.6M NOK. The stock trades on a trailing P/E of 22.1. Fundamentals as of Jul 12, 2026

Our scenario range runs from kr 41.69 (bear case) to kr 95.20 (bull case); at kr 88.80, the current price sits within 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 about 5% below its 52-week high and 79% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -40% fair-value upside, at -14%, STECH screens cheaper 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 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. Evidence
Highest evidence
Growth DCF kr 13.17 kr 28.35 kr 52.20 80
Rev-Margin DCF kr 38.88 kr 82.74 kr 173.15 74
ROIC Compounder kr 41.69 kr 58.71 kr 71.87 72
All 23 models by family
DCF Models
FCF DCF kr 14.58 kr 24.80 kr 55.36 38
5Y Revenue Exit kr 34.51 kr 71.48 kr 149.35 39
5Y EBITDA Exit kr 52.95 kr 108.72 kr 218.40 41
5Y P/E Exit kr 31.40 kr 84.00 kr 156.39 38
10Y Revenue Exit kr 26.19 kr 79.09 kr 116.65 36
10Y EBITDA Exit kr 40.29 kr 115.31 kr 251.25 37
10Y P/E Exit kr 25.91 kr 72.99 kr 151.81 35
Earnings-Based
Graham-Dodd kr 24.66 kr 171.98 kr 241.35 54
Lynch FV kr 82.94 kr 118.48 kr 154.02 50
PEG = 1.0 kr 82.94 kr 118.48 kr 154.02 46
EPV kr 34.78 kr 40.56 kr 45.39 59
Multiples
P/E Multiple kr 46.24 kr 61.65 kr 77.06 63
P/S Multiple kr 46.24 kr 61.65 kr 77.06 58
P/B Multiple kr 46.24 kr 61.65 kr 77.06 55
EV/EBIT kr 62.85 kr 86.35 kr 109.86 53
EV/EBITDA kr 69.78 kr 95.59 kr 121.41 54
EV/Revenue kr 39.69 kr 59.98 kr 80.28 43
Asset-Based
NCAV (Graham) kr 13.87 kr 18.58 kr 27.73 50
Growth DCF
Growth DCF kr 13.17 kr 28.35 kr 52.20 80
Rev-Margin DCF kr 38.88 kr 82.74 kr 173.15 74
Economic Profit
Residual Income kr 24.82 kr 28.69 kr 52.75 61
ROIC Compounder kr 41.69 kr 58.71 kr 71.87 72
Growth Earnings
Growth-Adj P/E kr 103.18 kr 147.40 kr 191.63 68

Widest divergence: Growth Earnings (kr 147.40) versus Asset-Based (kr 18.58). Highest evidence: Growth DCF (80).

Notify me when STECH reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Free cash flow 14.5M NOK FY2025
P/E ratio 22.1
EPS (TTM) kr 3.99
Net debt 82.6M NOK FY2025

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

Quality Score breakdown

Overall quality 50/100

Of which business quality 51 · Market factors (momentum, volatility) 68

Profitability 56
Margins and returns on capital today
Quality Growth 68
Are margins and returns improving?
Cashflow 56
Earnings quality: real cash, not paper profit
Fin. Strength 56
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 62
Price trend over the last 3–12 months (market factor)
52W Momentum 83
Distance to the 52-week high (market factor)
Net Issuance 54
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

Soiltech ASA, an innovative cleantech service provider, engages in the treatment, recycling, and handling of contaminated water and solid industrial waste streams in Norway, Europe, and internationally. The company offers slop, water, cutting, and swarf treatment, as well as cutting handling and skip, filter units, cleaning, and mud centrifuge services.

Full company description

Soiltech ASA, an innovative cleantech service provider, engages in the treatment, recycling, and handling of contaminated water and solid industrial waste streams in Norway, Europe, and internationally. The company offers slop, water, cutting, and swarf treatment, as well as cutting handling and skip, filter units, cleaning, and mud centrifuge services. It is also involved in the sale of services related to fluid treatment, cleaning services and associated services. The company serves energy sector, aquaculture, municipality and other industries. The company was formerly known as SoilTech AS and changed its name to Soiltech ASA in July 2024. Soiltech ASA was incorporated in 2011 and is based in Sandnes, Norway.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Soiltech ASA reported revenue of kr 401M in FY2025 versus kr 177M in FY2022, a compound +31.3%/yr. Reported net income was kr 32.2M in FY2025, compounding +30.0%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
401M NOK
Latest YoY
+46.4%
Avg. growth/yr (3Y) 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.
+31.3%
Revenue +31.3%/yr
FY22 kr 177M
FY23 kr 229M
FY24 kr 274M
FY25 kr 401M
Net income +30.0%/yr
FY22 kr 14.7M
FY23 kr 27.4M
FY24 kr 7.5M
FY25 kr 32.2M

STECH screens 14% overvalued. Compare with Waste Management, Inc →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Soiltech ASA Fair Value". https://www.fairvalue-calculator.com/stock/STECH

Peer Group

Waste Management · 166 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 50 · Above median
Fair Value upside −14% · Above median
Return on assets 0% · Below median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 0% · Below median
Revenue growth 0% · Below median
Debt / equity 0.51× · Higher than median

Valuation Multiples vs Waste Management median · lower = cheaper

P/E (TTM) 22.1× · Pricier than median
P/B 0.33× · Cheaper than 75% of peers
P/FCF 5.7× · Pricier than median

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 14 · sector 8
FUTURE 0 · sector 22
PAST 0 · sector 25
HEALTH 75 · sector 81
DIVIDEND 0 · sector 30

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 Waste Management stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Waste Management, Inc WM $233.33 $128.02 -45%
Republic Services, Inc RSG $219.20 $122.01 -44%
Waste Connections, Inc WCN C$242.43 C$78.67 -68%
Veolia Environnement SA VIE €37.51 €24.50 -35%
Clean Harbors, Inc CLH $303.64 $155.37 -49%
GFL Environmental Inc GFL C$55.40 C$94.12 +70%
Fomento de Construcciones y Contratas, S.A FCC €12.20 €7.30 -40%
GEM Co 002340 ¥6.32 ¥5.27 -17%
Zhejiang Weiming Environment Protection Co 603568 ¥16.18 ¥20.91 +29%
Cleanaway Waste Management Limited CWY A$2.34 A$1.18 -50%

Compare Soiltech ASA with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Soiltech ASA (STECH) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of kr 76.16 versus a price of kr 88.80, about −14% (overvalued).
What is the fair value of STECH?
Our model-based fair value for Soiltech ASA is kr 76.16 (as of Jul 12, 2026), built from audited fundamentals. The current price is kr 88.80.
What is the quality score of STECH?
Soiltech ASA has a Quality Score of 50/100. 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 net profit margin of STECH?
The net profit margin of Soiltech ASA is about 0.0%, meaning it keeps roughly 0.0% 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.

14 days Pro free · no card

Track Soiltech ASA and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.