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Vimab Group (VIMAB) Fair Value & Analysis

Industrials · SE · Market cap 140M SEK

VG Vimab Group VIMAB · ST
Pricekr 2.96
Fair Valuekr 1.41
Upside-52.3%
Quality23/100
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Expensive Growth
Loss-making · -27.9% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/9)
Narrow moat 10/100
Evidence: Low Range kr 0.8415 – kr 1.84 Share as image

Fair value as of: Jul 20, 2026

From 3 valuation models · updated 21 days ago

Share price +7.6% over the past month.

Below-average quality, and screening another 52% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 1.84). The favourable scenario is already priced in.
  • Weak quality (23/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (kr 0.8415 to kr 1.84) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

kr 48.78 kr 1.85 Fair Value kr 1.41 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 kr 1.85 – kr 48.78 · fair‑value band kr 0.8415 – kr 1.84 · the kr 2.96 price screens above the kr 1.41 fair value. Dashed = 300-day average. As of Jul 20, 2026.

Full chart & analysis →

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Analysis

Vimab Group (VIMAB) currently trades at kr 2.96, while our model-based Fair Value estimate is kr 1.41, implying the stock looks roughly 52.3% overvalued today. The Quality Score stands at 23/100 (below-average 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: low).

Over the trailing twelve months, Vimab Group generated revenue of 332M SEK at a net margin of -27.9%. Revenue grew 25.2% year over year. Net debt stands at 50.3M SEK. Fundamentals as of Jul 20, 2026

Our scenario range runs from kr 0.8415 (bear case) to kr 1.84 (bull case); at kr 2.96, 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 about 64% below its 52-week high and 65% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -15% fair-value upside, at -52%, VIMAB screens richer 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
Gordon GGM kr 0.9900 kr 1.66 kr 2.16 70
DDM Multi-Stage kr 0.9900 kr 1.40 kr 1.75 61
NCAV (Graham) kr 0.3800 kr 0.5100 kr 0.7600 50
All 3 models by family
Dividend Discount
Gordon GGM kr 0.9900 kr 1.66 kr 2.16 70
DDM Multi-Stage kr 0.9900 kr 1.40 kr 1.75 61
Asset-Based
NCAV (Graham) kr 0.3800 kr 0.5100 kr 0.7600 50

Widest divergence: Dividend Discount (kr 1.40) versus Asset-Based (kr 0.5100). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 332M SEK
Revenue growth (YoY) +25.2%
Net margin -27.9%
Return on equity -838%
Free cash flow −28.0M SEK FY2025
Operating margin -27.6%
More key figures
EPS (TTM) kr -3.70
EPS growth (YoY) -83.3%
Net debt 50.3M SEK FY2025

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

Quality Score breakdown

Overall quality 23/100

Of which business quality 25 · Market factors (momentum, volatility) 34

Profitability 38
Margins and returns on capital today
Quality Growth 12
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 32
Balance sheet, leverage, solvency risk
Investment 83
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 0
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

Vimab Group AB (publ), together with its subsidiaries, operates in the energy service, and industrial and environmental technology industries in Sweden and internationally.

Full company description

Vimab Group AB (publ), together with its subsidiaries, operates in the energy service, and industrial and environmental technology industries in Sweden and internationally. The company sells energy storage systems and fittings, as well as valve or spare part; and manufactures various products, such as portable valve grinding equipment, electric steam boilers, customized steam systems, molds, tooling, prototypes, rollers, shafts, and many other machine components. It also provides repair and maintenance services for energy-producing industries; valve services; piping services, including industrial pipe welding, steam piping, refrigeration, industrial plumbing, repairs, pipe insulation, and forging; and cutting services. In addition, the company operates as a mechanical workshop and contract manufacturer for companies in a variety of industries; and build various infrastructure networks, such as fiber and power supply. The company was incorporated in 2011 and is based in Stockholm, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Vimab Group reported revenue of kr 313M in FY2025 versus kr 203M in FY2021, a compound +11.4%/yr. Reported net income was −kr 102M in FY2025.

Growth Quality 31/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
313M SEK
Latest YoY
−3.1%
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.
+11.7%
Avg. 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.
+10.9%
Revenue +11.4%/yr
FY21 kr 203M
FY22 kr 225M
FY23 kr 342M
FY24 kr 324M
FY25 kr 313M
Net income
FY21 −kr 24.1M
FY22 −kr 34.2M
FY23 −kr 4.3M
FY24 −kr 76.9M
FY25 −kr 102M

VIMAB screens 52% overvalued. Compare with Verisk Analytics, Inc →

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Cite: Fair Value Calculator (2026). "Vimab Group Fair Value". https://www.fairvalue-calculator.com/stock/VIMAB

Peer Group

Consulting Services · 82 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 23 · Bottom 25%
Fair Value upside −52% · Bottom 25%
Return on assets -20% · Bottom 25%
Net margin (TTM) -28% · Bottom 25%
Operating margin (TTM) -28% · Bottom 25%
Revenue growth 25% · Top 25%
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Consulting Services median · lower = cheaper

P/B 0.41× · Cheaper than 75% of peers
P/S (TTM) 0.04× · Cheaper than 75% of peers

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 20
FUTURE 100 · sector 14
PAST 0 · sector 40
HEALTH 99 · sector 89
DIVIDEND 0 · sector 49

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

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 Consulting Services stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
Verisk Analytics, Inc VRSK $201.49 $145.58 -28%
SGS SA SGSN CHF 94.68 CHF 68.96 -27%
Equifax Inc EFX $177.08 $101.34 -43%
Bureau Veritas SA BVI €27.20 €27.81 +2%
ALS Limited ALQ A$21.96 A$11.02 -50%
Booz Allen Hamilton Holding BAH $63.94 $120.62 +89%
DKSH Holding DKSH CHF 67.60 CHF 64.81 -4%
FTI Consulting, Inc FCN $156.86 $171.64 +9%
Centre Testing International Group 300012 ¥14.06 ¥11.90 -15%
GRG Metrology & Test Group 002967 ¥16.56 ¥11.69 -29%

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Frequently asked questions

Is Vimab Group (VIMAB) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of kr 1.41 versus a price of kr 2.96, about −52% (overvalued).
What is the fair value of VIMAB?
Our model-based fair value for Vimab Group is kr 1.41 (as of Jul 20, 2026), built from audited fundamentals. The current price is kr 2.96.
What is the quality score of VIMAB?
Vimab Group has a Quality Score of 23/100. 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 Vimab Group (VIMAB)?
Vimab Group reported trailing-twelve-month revenue of about 332M SEK (latest available figure, as of Jul 20, 2026).
What is the net profit margin of VIMAB?
The net profit margin of Vimab Group is about -27.9%, 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.

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