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Tobii AB (TOBII) Fair Value & Analysis

Technology · SE · Market cap 672M SEK

TA Tobii AB TOBII · ST
Pricekr 1.92
Fair Valuekr 5.02
Upside+161.3%
Quality95/100
Evidence: Medium Range kr 3.76 – kr 6.27

Fair value as of: Jun 24, 2026

From 12 valuation models · updated 6 days ago

Fair value updated Jun 24, 2026 — revised from kr 3.29 to kr 5.02 (+52.6%) since Jun 23, 2026. Share price −39.5% over the past month.

Price vs Fair Value (12 months)

kr 7.35 kr 1.45 Fair Value kr 5.02 Jun 2025 Jun 2026

12‑month range kr 1.45 – kr 7.35 · fair‑value band kr 3.76 – kr 6.27 · the kr 1.92 price screens below the kr 5.02 fair value. As of Jun 24, 2026.

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Analysis

Tobii AB (TOBII) currently trades at kr 1.92, while our model-based Fair Value estimate is kr 5.02 — implying the stock looks roughly 161.3% undervalued today. We read business quality at 95/100 (high quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium) — always confirm before acting.

Over the trailing twelve months, Tobii AB generated revenue of 800M SEK at a net margin of -36.9%. Revenue declined 17.2% year over year. It earns a return on equity of -58.7%. Net debt stands at 481M SEK. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 800M SEK
Revenue growth (YoY) -17.2%
Net margin -36.9%
Return on equity -58.7%
Free cash flow 85.0M SEK FY2025
Operating margin -17.1%
More key figures
EPS (TTM) kr -1.27
EPS growth (YoY) +53,330%
Net debt 481M SEK FY2025

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

About the company

Tobii AB (publ) develops and sells eye-tracking technology and solutions in Sweden, Europe, Middle East, Africa, the United States, and internationally. The company offers Tobii Pro Glasses 3, a wearable eye tracker; screen based eye trackers, including Tobii Pro spectrum, Tobii Pro fusion, and Tobii Pro Spark; and motion capture, protective and corrective lenses, mobile testing accessories, tripod stands, shimmers, stim trackers, and chin rest accessories. It also provides Tobii Pro Lab, an eye tracking software for multimodal research solutions; Sticky by Tobii, an online eye tracking and survey tool; Tobii UX Explore for UX design; Tobii Pro SDK for building analytical applications; Tobii Ocumen, an eye-tracking solution for analytical application in VR; Tobii Pro Eye Tracker Manager, a software to manage screen-based eye tracker; Tobii Pro Glasses 3 API, an application programming interface for the creation of solutions; and Tobii Aware, a software that understands human attenti…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tobii AB reported revenue of kr 834M in FY2025 versus kr 616M in FY2021, a compound +7.9%/yr. Reported net income was −kr 217M in FY2025.

Revenue +7.9%/yr
FY21 kr 616M
FY22 kr 776M
FY23 kr 758M
FY24 kr 857M
FY25 kr 834M
Net income
FY21 −kr 184M
FY22 −kr 105M
FY23 −kr 199M
FY24 −kr 177M
FY25 −kr 217M

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Frequently asked questions

Is Tobii AB (TOBII) undervalued?
As of Jun 24, 2026, our model estimates a fair value of kr 5.02 versus a price of kr 1.92 — about +161% (undervalued). Model-based estimate, not financial advice.
What is the fair value of TOBII?
Our 21-model fair value for Tobii AB is kr 5.02 (as of Jun 24, 2026), built from audited fundamentals. The current price is kr 1.92.
What is the quality score of TOBII?
Tobii AB has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Tobii AB (TOBII)?
Tobii AB reported trailing-twelve-month revenue of about 800M SEK (latest available figure, as of Jun 24, 2026).
What is the net profit margin of TOBII?
The net profit margin of Tobii AB is about -36.9%, meaning it is currently running at a net loss. 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.

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