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Storskogen Group (STOR-B) Fair Value & Analysis

Industrials · SE · Market cap 16.1B SEK (≈ $1.7B) · ISIN SE0016797732

What is Storskogen Group really worth?

SG Storskogen Group STOR-B · ST
Pricekr 11.25
Fair Valuekr 14.37
Upside+27.7%
Quality62/100

A solid business, trading 22% below our fair value of kr 14.37.

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Strengths

Low debt · generates free cash flow

Risks

!Mixed Growth (revenue 5y +29.9 %/yr)
!Thin margins · 3.1% net margin
!Mixed vs. peers (8/14)
!Narrow moat 38/100
!Weak on past: 22 out of 100
!Weak on dividend: 20 out of 100

For context

·0.98% dividend yield
Evidence: High Range kr 10.78 – kr 17.96

Fair value as of: Sep 3, 2026

From 11 valuation models · updated 2 days ago

Share price +4.1% over the past month.

What runs behind every stock

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

What matters now

  • Solid quality (62/100) at a price below fair value, the discount is the argument here, not the business quality.
  • The price sits in the lower half of our model range, the side with the larger margin of safety.
  • The data supports the verdict: every model runs on fully documented inputs.

Price vs Fair Value (5 years)

kr 58.67 kr 5.01 Fair Value kr 14.37 Oct 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 3, 2026.

How to read this chart

59‑month range kr 5.01 – kr 58.67 · fair‑value band kr 10.78 – kr 17.96 · the kr 11.25 price screens below the kr 14.37 fair value. Dashed = 300-day average. As of Sep 3, 2026.

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Analysis

Storskogen Group (STOR-B) currently trades at kr 11.25, while our model-based Fair Value estimate is kr 14.37, implying the stock looks roughly 21.7% undervalued today. The Quality Score stands at 62/100 (solid quality), in the Industrials sector. Bull case: the Growth DCF group reads highest at a median of kr 30.45 per share, and 9 of the 11 models we run sit above the kr 11.25 price. Bear case: the Asset-Based group reads lowest at kr 8.88, and 2 of the 11 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Storskogen Group generated revenue of 33.0B SEK at a net margin of 3.1%. Revenue declined 1.1% year over year. It earns a return on equity of 5.6%. Net debt stands at 9.5B SEK. Fundamentals as of Sep 3, 2026

Our scenario range runs from kr 10.78 (bear case) to kr 17.96 (bull case); at kr 11.25, 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 12% below its 52-week high and 42% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 34% fair-value upside, at 28%, STOR-B screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly kr 0.3329 per share, which is 2.3 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
Residual Income best evidence kr 10.21 kr 10.36 kr 10.00 76
Growth DCF kr 19.83 kr 41.57 kr 84.98 73
Owner Earnings kr 16.88 kr 44.64 kr 102.92 69
All 11 models by family
DCF Models
Owner Earnings kr 16.88 kr 44.64 kr 102.92 69
5Y P/E Exit kr 10.06 kr 23.86 kr 41.56 67
10Y P/E Exit kr 13.27 kr 28.76 kr 55.05 60
Earnings-Based
Graham-Dodd kr 4.65 kr 32.45 kr 45.53 63
Lynch FV kr 10.69 kr 15.27 kr 19.85 61
Multiples
P/E Multiple kr 10.78 kr 14.37 kr 17.96 63
P/B Multiple kr 8.72 kr 11.63 kr 14.54 55
Asset-Based
NCAV (Graham) kr 6.63 kr 8.88 kr 13.26 54
Growth DCF
Growth DCF kr 19.83 kr 41.57 kr 84.98 73
Rev-Margin DCF kr 13.14 kr 30.45 kr 57.11 68
Economic Profit
Residual Income best evidence kr 10.21 kr 10.36 kr 10.00 76

Widest divergence: Growth DCF (kr 30.45) versus Asset-Based (kr 8.88). Highest evidence: Residual Income (76).

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Key figures & financial health

P/E ratio 15.0 as of Jun 8, 2026
P/S ratio 0.48 P/E × margin
EPS (TTM) kr 0.6000 price ÷ EPS = P/E 15.0
Dividend yield 1.0% payout 18.3%
Net margin 3.2% FY2025
Return on equity 5.6% TTM
More key figures
Profitability
Return on assets (EBIT) 4.9% avg 5y
Operating margin 5.2% TTM
Growth
Revenue (TTM) 33.0B SEK TTM
Revenue growth (YoY) −1.1% 3y avg −1.1%
EPS growth (YoY) −24.3%
Balance sheet & cash flow
Free cash flow 2.5B SEK FY2025
Net debt 9.5B SEK FY2025 · ≈ 3.9 yrs of FCF

Figures from reported company fundamentals · as of Sep 3, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 59 · Market factors (momentum, volatility) 62

Profitability 42
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 60
Earnings quality: real cash, not paper profit
Fin. Strength 43
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 54
Calm price path (market factor)
Momentum 67
Price trend over the last 3–12 months (market factor)
52W Momentum 60
Distance to the 52-week high (market factor)
Net Issuance 79
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Storskogen Group AB (publ) owns and develops small and medium-sized businesses operating in trade, industry, and services business areas.

Full company description

Storskogen Group AB (publ) owns and develops small and medium-sized businesses operating in trade, industry, and services business areas. It owns a portfolio of companies operating in installation, engineering services, human resource and competence, logistics, digital services, contracting services, and infrastructure; home and living, health and beauty, and niche businesses, as well as sports, clothing, and accessories; and automation, products, and industrial technology business areas. Storskogen Group AB (publ) was founded in 2012 and is headquartered in Stockholm, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Storskogen Group reported revenue of 33.1B SEK in FY2025 versus 17.5B SEK in FY2021, a compound +17.3%/yr. Reported net income was 1.1B SEK in FY2025, compounding +5.6%/yr from FY2021.

Growth Quality 79/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
33.1B SEK
Latest YoY
−3.2%
Avg. revenue 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.
−1.1%
Avg. revenue growth/yr (5Y) 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.
+29.9%
Avg. revenue growth/yr (8Y) 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.
+44.9%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+13.1% (12.1 + 1.0)
Revenue +17.3%/yr
FY21 17.5B SEK
FY22 34.3B SEK
FY23 36.0B SEK
FY24 34.2B SEK
FY25 33.1B SEK
Net income +5.6%/yr
FY21 856M SEK
FY22 1.4B SEK
FY23 778M SEK
FY24 −52.0M SEK
FY25 1.1B SEK

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Cite: Fair Value Calculator (2026). "Storskogen Group Fair Value". https://www.fairvalue-calculator.com/stock/STOR-B

Peer Group

Conglomerates · 375 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 62 · Top 25%
Fair Value upside +28% · Above median
Return on equity (TTM) 6% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 3% · Below median
Operating margin (TTM) 5% · Below median
Revenue growth −1% · Below median
Dividend yield (TTM) 1.0% · Below median
Debt / equity 0.43× · Higher than median

Valuation Multiples vs Conglomerates median · lower = cheaper

P/E (TTM) 15.0× · Cheaper than median
P/B 0.78× · Cheaper than median
P/S (TTM) 0.49× · Cheaper than median
P/FCF 0.7× · Cheaper than median
EV/EBITDA 4.6× · Cheaper than median

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE70 · sector 25
FUTURE0 · sector 17
PAST22 · sector 17
HEALTH78 · sector 89
DIVIDEND20 · sector 42

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

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Frequently asked questions

Is Storskogen Group (STOR-B) overvalued or undervalued?
As of Sep 3, 2026, our model estimates a fair value of kr 14.37 versus a price of kr 11.25, about +28% upside (undervalued).
What is the fair value of STOR-B?
Our model-based fair value for Storskogen Group is kr 14.37 (as of Sep 3, 2026), built from audited fundamentals. The current price: kr 11.25.
What is the quality score of STOR-B?
Storskogen Group has a Quality Score of 62/100. 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 revenue of Storskogen Group (STOR-B)?
Storskogen Group reported trailing-twelve-month revenue of about 33.0B SEK (latest available figure, as of Sep 3, 2026).
What is the net profit margin of STOR-B?
The net profit margin of Storskogen Group is about 3.1%, meaning it keeps roughly 3.1% of revenue as net income. Based on the latest reported figures.
Does Storskogen Group pay a dividend?
Storskogen Group currently shows a dividend yield of about 0.98% relative to its recent price (as of Sep 3, 2026).
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