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Vaisala Oyj (VAIAS) Fair Value & Analysis

Technology · FI · Market cap €1.9B

VO Vaisala Oyj VAIAS · HE
Price€56.60
Fair Value€33.65
Upside-40.6%
Quality67/100
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Healthy Growth
Solidly profitable · 10.3% net margin
Low debt · generates free cash flow
1.63% dividend yield
Ranks above peers (9/15)
Moderate moat 62/100
Evidence: High Range €21.79 – €45.04 Share as image

Fair value as of: Jul 20, 2026

From 26 valuation models · updated 20 days ago

Fair value updated Jul 20, 2026, revised from €33.68 to €33.65 (−0.1%) since Jun 24, 2026. Share price +4.8% over the past month.

A solid business, but screening 41% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (€45.04). The favourable scenario is already priced in.
  • Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (€21.79 to €45.04) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

€57.40 €29.05 Fair Value €33.65 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range €29.05 – €57.40 · fair‑value band €21.79 – €45.04 · the €56.60 price screens above the €33.65 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

Vaisala Oyj (VAIAS) currently trades at €56.60, while our model-based Fair Value estimate is €33.65, implying the stock looks roughly 40.6% overvalued today. The Quality Score stands at 67/100 (solid quality), in the Technology 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, Vaisala Oyj generated revenue of €598M at a net margin of 10.3%. Revenue grew 1.0% year over year. It earns a return on equity of 20.6%. Net debt stands at €14.2M. Fundamentals as of Jul 20, 2026

Our scenario range runs from €21.79 (bear case) to €45.04 (bull case); at €56.60, the current price sits above 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 near its 52-week high and 41% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -45% fair-value upside, at -41%, VAIAS 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 BearBaseBull Evidence
Highest evidence
Growth DCF €19.98 €26.86 €35.29 80
Residual Income €10.20 €12.96 €29.39 76
Rev-Margin DCF €21.40 €33.12 €46.25 74
All 26 models by family
DCF Models
FCF DCF €19.78 €27.58 €37.69 38
Owner Earnings €18.98 €26.45 €36.14 31
5Y Revenue Exit €21.40 €33.01 €47.60 39
5Y EBITDA Exit €25.65 €40.81 €58.18 41
5Y P/E Exit €22.56 €35.15 €48.06 38
10Y Revenue Exit €19.93 €29.67 €42.27 36
10Y EBITDA Exit €22.96 €34.56 €49.51 37
10Y P/E Exit €21.18 €31.01 €42.58 35
Earnings-Based
Graham-Dodd €12.25 €34.64 €45.60 54
Lynch FV €7.04 €10.05 €13.07 50
PEG = 1.0 €7.04 €10.05 €13.07 46
EPV €16.84 €19.04 €20.87 59
Dividend Discount
Gordon GGM €7.23 €13.03 €17.94 70
DDM Multi-Stage €7.23 €10.81 €13.92 61
Multiples
P/E Multiple €27.03 €36.04 €45.04 63
P/S Multiple €22.97 €30.63 €38.29 58
P/B Multiple €22.09 €29.46 €36.82 55
EV/EBIT €35.02 €46.46 €57.90 53
EV/EBITDA €33.62 €44.60 €55.57 54
EV/Revenue €23.83 €33.75 €43.66 43
Asset-Based
NCAV (Graham) €4.91 €6.58 €9.82 50
Growth DCF
Growth DCF €19.98 €26.86 €35.29 80
Rev-Margin DCF €21.40 €33.12 €46.25 74
Economic Profit
Residual Income €10.20 €12.96 €29.39 76
ROIC Compounder €17.61 €21.00 €24.60 72
Growth Earnings
Growth-Adj P/E €21.74 €31.06 €40.37 68

Widest divergence: Multiples (€33.75) versus Asset-Based (€6.58). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) €598M
Revenue growth (YoY) +1.0%
Net margin 10.3%
Return on equity 20.6%
Free cash flow €69.0M FY2025
P/E ratio 32.6
More key figures
Operating margin 13.8%
EPS (TTM) €1.68
Dividend yield 1.6%
EPS growth (YoY) +12.8%
Net debt €14.2M FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 67/100

Of which business quality 67 · Market factors (momentum, volatility) 72

Profitability 71
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 62
Earnings quality: real cash, not paper profit
Fin. Strength 74
Balance sheet, leverage, solvency risk
Investment 65
Disciplined investing over empire-building
Low Volatility 78
Calm price path (market factor)
Momentum 66
Price trend over the last 3–12 months (market factor)
52W Momentum 76
Distance to the 52-week high (market factor)
Net Issuance 81
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

Vaisala Oyj provides weather, environmental, and industrial measurement for weather and industrial markets in North and South America, Europe, the Middle East, Africa, and the Asia Pacific.

Full company description

Vaisala Oyj provides weather, environmental, and industrial measurement for weather and industrial markets in North and South America, Europe, the Middle East, Africa, and the Asia Pacific. It offers Origo, a modular HVAC transmitters; Vaisala Circular, a probe recalibration and reuse service; Elements Lite for weather intelligence; and WindCube 2.1 XP that delivers wind resource data. The company also provides carbon dioxide, cloud height, dew point, dissolved gas in oil, humidity, hydrogen, lightning, liquid concentration, methane, moisture in oil, precipitation, pressure, road and runway surface condition, solar irradiation, structural moisture, temperature, vaporized hydrogen peroxide, visibility and present weather, data loggers, handhelds, HVAC and industrial transmitters, monitoring systems, power transformer monitoring, probes and OEM modules, process refractometers, radiosondes and sounding systems, weather and environmental sensors, weather API and mapping, weather stations and radars, and wind lidars. In addition, it offers ceilometers, lightning data feed, and road and runway surface state. Further, the company provides maintenance, calibration, repair, and extended warranties. The company serves automotive; aviation; battery manufacturing; bio-decontamination; biogas; carbon capture, utilization, and storage; chemical; cleanrooms; compressed air; data centers; defense meteorology; evaporation; food, beverage, and agriculture; fuel cells; glass; greenhouse gas; HVAC and indoor air; life science and pharmaceuticals; maritime; metal heat; meteorology; metrology; mining; oil and gas; power industry; pulp, paper, and wood; renewable energy; road weather; semiconductor manufacturing; smart drying; solar energy; starch sweeteners and sugar substitutes; sugar milling and refining; urban weather resilience; warehouses; wastewater and effluent monitoring; and water electrolysis industries. Vaisala Oyj was founded in 1936 and is headquartered in Vantaa, Finland.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Vaisala Oyj reported revenue of €597M in FY2025 versus €438M in FY2021, a compound +8.1%/yr. Reported net income was €59.8M in FY2025, compounding +11.3%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
€597M
Latest YoY
+5.7%
Avg. growth/yr (3Y)
+5.1%
Avg. growth/yr (5Y)
+9.5%
Avg. growth/yr (25Y)
−2.3%
Revenue +8.1%/yr
FY21 €438M
FY22 €514M
FY23 €540M
FY24 €565M
FY25 €597M
Net income +11.3%/yr
FY21 €39.0M
FY22 €45.0M
FY23 €48.9M
FY24 €63.7M
FY25 €59.8M

VAIAS screens 41% overvalued. Compare with Keysight Technologies, Inc →

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Cite: Fair Value Calculator (2026). "Vaisala Oyj Fair Value". https://www.fairvalue-calculator.com/stock/VAIAS

Peer Group

Scientific & Technical Instruments · 161 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 67 · Top 25%
Fair Value upside −41% · Above median
Return on equity (TTM) 21% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 10% · Above median
Operating margin (TTM) 14% · Above median
Revenue growth 1% · Below median
Dividend yield (TTM) 1.6% · Above median
Debt / equity 0.22× · Higher than 75% of peers

Valuation Multiples vs Scientific & Technical Instruments median · lower = cheaper

P/E (TTM) 31.8× · Cheaper than median
P/B 6.88× · Pricier than 75% of peers
P/S (TTM) 3.75× · Pricier than median
P/FCF 32.5× · Pricier than 75% of peers
EV/EBITDA 20.3× · Cheaper than median
PEG 1.64× · 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 0 · sector 0
FUTURE 5 · sector 34
PAST 83 · sector 25
HEALTH 89 · sector 98
DIVIDEND 33 · sector 24

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

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 Scientific & Technical Instruments stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
Keysight Technologies, Inc KEYS $315.90 $84.16 -73%
Garmin Ltd GRMN $241.76 $146.67 -39%
Teledyne Technologies Incorporated TDY $635.52 $367.58 -42%
Chroma ATE Inc 2360 1,905 TWD 286.15 TWD -85%
Hexagon AB HEXAB kr 80.10 kr 52.93 -34%
MKS Inc MKSI $324.69 $77.46 -76%
AVIC Chengdu Aircraft Company 302132 ¥52.91 ¥34.47 -35%
Fortive Corporation FTV $61.78 $33.84 -45%
Trimble Inc TRMB $52.72 $24.47 -54%
Cognex Corporation CGNX $64.07 $13.75 -79%

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Frequently asked questions

Is Vaisala Oyj (VAIAS) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of €33.65 versus a price of €56.60, about −41% (overvalued).
What is the fair value of VAIAS?
Our model-based fair value for Vaisala Oyj is €33.65 (as of Jul 20, 2026), built from audited fundamentals. The current price is €56.60.
What is the quality score of VAIAS?
Vaisala Oyj has a Quality Score of 67/100. 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 Vaisala Oyj (VAIAS)?
Vaisala Oyj reported trailing-twelve-month revenue of about €598M (latest available figure, as of Jul 20, 2026).
What is the net profit margin of VAIAS?
The net profit margin of Vaisala Oyj is about 10.3%, meaning it keeps roughly 10.3% of revenue as net income. Based on the latest reported figures.
Does Vaisala Oyj pay a dividend?
Vaisala Oyj currently shows a dividend yield of about 1.60% relative to its recent price (as of Jul 20, 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.

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