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Vimian Group AB (VIMIAN) Fair Value & Analysis

Healthcare · SE · Market cap 17.8B SEK (≈ $1.9B) · ISIN SE0015961982

What is Vimian Group AB really worth?

VG Vimian Group AB VIMIAN · ST
Pricekr 34.60
Fair Valuekr 19.64
Upside−43.2%
Quality53/100

A solid business, but trading 76% above our fair value of kr 19.64.

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Strengths

Low debt · generates free cash flow

Risks

!Mixed Growth (revenue 5y +25.3 %/yr)
!Thin margins · 8.5% net margin
!Mixed vs. peers (6/13)
!Moderate moat 48/100
!Evidence only medium, so the estimate is less certain
!Weak on past: 21 out of 100
Evidence: Medium Range kr 13.64 – kr 25.64

Fair value as of: Aug 14, 2026

From 24 valuation models · updated 21 days ago

Fair value updated Aug 14, 2026, revised from kr 14.41 to kr 19.64 (+36.3%) since Jul 19, 2026. Share price −1.0% over the past month.

What runs behind every stock

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

What matters now

  • The price sits above even our optimistic bull case (kr 25.64). The favourable scenario is already priced in.
  • Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (kr 13.64 to kr 25.64) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

kr 117.16 kr 20.08 Fair Value kr 19.64 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 14, 2026.

How to read this chart

60‑month range kr 20.08 – kr 117.16 · fair‑value band kr 13.64 – kr 25.64 · the kr 34.60 price screens above the kr 19.64 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 14, 2026.

Full chart & analysis →

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Analysis

Vimian Group AB (VIMIAN) currently trades at kr 34.60, while our model-based Fair Value estimate is kr 19.64, implying the stock looks roughly 76.2% overvalued today. The Quality Score stands at 53/100 (solid quality), in the Healthcare sector. Bull case: the DCF Models group reads highest at a median of kr 50.37 per share, and 13 of the 24 models we run sit above the kr 34.60 price. Bear case: the Asset-Based group reads lowest at kr 13.34, and 11 of the 24 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Vimian Group AB generated revenue of 434M SEK at a net margin of 8.5%. Revenue grew 7.9% year over year. It earns a return on equity of 5.3%. Net debt stands at 184M SEK. Fundamentals as of Aug 14, 2026

Our scenario range runs from kr 13.64 (bear case) to kr 25.64 (bull case); at kr 34.60, 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 about 24% below its 52-week high and 43% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at −54% fair-value upside, at −43%, VIMIAN screens cheaper 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 0.5278 per share, which is 2.7 % 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
EPV best evidence kr 11.54 kr 14.24 kr 16.49 74
FCF DCF kr 38.53 kr 63.42 kr 142.73 72
Growth DCF kr 35.98 kr 76.16 kr 141.98 72
All 24 models by family
DCF Models
FCF DCF kr 38.53 kr 63.42 kr 142.73 72
Owner Earnings kr 19.34 kr 50.22 kr 114.84 67
5Y Revenue Exit kr 22.49 kr 40.33 kr 77.51 67
5Y EBITDA Exit kr 32.23 kr 59.97 kr 114.54 69
5Y P/E Exit kr 18.14 kr 40.03 kr 68.52 65
10Y Revenue Exit kr 26.84 kr 59.67 kr 79.16 64
10Y EBITDA Exit kr 34.78 kr 80.66 kr 159.97 62
10Y P/E Exit kr 24.59 kr 50.37 kr 90.40 59
Earnings-Based
Graham-Dodd kr 6.00 kr 42.28 kr 59.22 61
Lynch FV kr 21.74 kr 31.18 kr 40.48 59
PEG = 1.0 kr 21.74 kr 31.18 kr 40.48 55
EPV best evidence kr 11.54 kr 14.24 kr 16.49 74
Multiples
P/E Multiple kr 14.69 kr 19.64 kr 24.44 63
P/S Multiple kr 11.39 kr 15.14 kr 18.89 58
P/B Multiple kr 11.39 kr 15.14 kr 18.89 55
EV/EBIT kr 21.89 kr 30.73 kr 39.73 65
EV/EBITDA kr 28.49 kr 39.58 kr 50.67 67
EV/Revenue kr 14.24 kr 22.34 kr 30.58 53
Asset-Based
NCAV (Graham) kr 9.90 kr 13.34 kr 19.94 54
Growth DCF
Growth DCF kr 35.98 kr 76.16 kr 141.98 72
Rev-Margin DCF kr 25.19 kr 46.93 kr 92.35 66
Economic Profit
Residual Income kr 14.99 kr 14.99 kr 13.94 68
ROIC Compounder kr 11.54 kr 14.24 kr 16.49 70
Growth Earnings
Growth-Adj P/E kr 28.94 kr 41.38 kr 53.82 65

Widest divergence: DCF Models (kr 50.37) versus Asset-Based (kr 13.34). Highest evidence: EPV (74).

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Key figures & financial health

P/E ratio 44.3
P/S ratio 3.26 P/E × margin
EPS (TTM) kr 0.7800 price ÷ EPS = P/E 44.3
Net margin 7.4% FY2025
Return on equity 5.3% TTM
Return on assets (EBIT) 4.6% avg 5y
More key figures
Profitability
Operating margin 18.2% TTM
Growth
Revenue (TTM) 434M SEK TTM
Revenue growth (YoY) +7.9% 3y avg +14.7%
EPS growth (YoY) +126%
Balance sheet & cash flow
Free cash flow 90.6M SEK FY2025
Net debt 184M SEK FY2025 · ≈ 2.0 yrs of FCF

Figures from reported company fundamentals · as of Aug 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 57 · Market factors (momentum, volatility) 62

Profitability 33
Margins and returns on capital today
Quality Growth 64
Are margins and returns improving?
Cashflow 89
Earnings quality: real cash, not paper profit
Fin. Strength 64
Balance sheet, leverage, solvency risk
Investment 65
Disciplined investing over empire-building
Low Volatility 54
Calm price path (market factor)
Momentum 68
Price trend over the last 3–12 months (market factor)
52W Momentum 60
Distance to the 52-week high (market factor)
Net Issuance 19
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

Vimian Group AB (publ) engages in the animal health business worldwide. It operates through four segments: Specialty Pharma, MedTech, Diagnostics, and Veterinary Services.

Full company description

Vimian Group AB (publ) engages in the animal health business worldwide. It operates through four segments: Specialty Pharma, MedTech, Diagnostics, and Veterinary Services. The company offers proprietary diagnostics, prescription, and non-prescription treatments for preventive care and treatment of chronic conditions for companion animals under the Nextmune brand name; and molecular and immunodiagnostic solutions that are used by laboratories for veterinary specific applications with a focus on livestock and companion animal health markets under the Indical Bioscience brand name. It also provides procurement and tech-driven operations, such as online marketing, education, and HR, as well as a community for veterinary clinics through a membership-based platform under the VetFamily brand name; and surgical and dental products to veterinary clinics and universities, including dentistry and companion animal orthopedics under the Movora brand name. Vimian Group AB (publ) was incorporated in 2020 and is headquartered in Stockholm, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Vimian Group AB reported revenue of €425M in FY2025 versus €173M in FY2021, a compound +25.1%/yr. Reported net income was €31.3M in FY2025, compounding +47.6%/yr from FY2021.

Growth Quality 90/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
425M SEK
Latest YoY
+13.4%
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.
+14.7%
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.
+25.3%
Avg. revenue growth/yr (7Y) 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.
+76.1%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
−5.6% (−5.6 + 0.0)
Revenue +25.1%/yr
FY21 €173M
FY22 €281M
FY23 €332M
FY24 €375M
FY25 €425M
Net income +47.6%/yr
FY21 €6.6M
FY22 −€7.2M
FY23 €9.8M
FY24 €18.5M
FY25 €31.3M

VIMIAN screens 76% overvalued. Compare with Thermo Fisher Scientific Inc →

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Cite: Fair Value Calculator (2026). "Vimian Group AB Fair Value". https://www.fairvalue-calculator.com/stock/VIMIAN

Peer Group

Diagnostics & Research · 140 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 53 · Below median
Fair Value upside −43% · Above median
Return on equity (TTM) 5% · Above median
Return on assets 4% · Above median
Net margin (TTM) 8% · Above median
Operating margin (TTM) 18% · Top 25%
Revenue growth 8% · Above median
Debt / equity 0.32× · Higher than median

Valuation Multiples vs Diagnostics & Research median · lower = cheaper

P/E (TTM) 44.3× · Pricier than median
P/B 2.67× · Pricier than median
P/S (TTM) 4.30× · Pricier than median
P/FCF 20.6× · Pricier than median
EV/EBITDA 19.4× · Pricier 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
VALUE0 · sector 0
FUTURE40 · sector 27
PAST21 · sector 9
HEALTH84 · sector 96
DIVIDEND0 · sector 22

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

Insider activity: 30/100

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

Similar stocks

10 more Diagnostics & Research stocks, each showing price versus our Fair Value estimate (as of Aug 14, 2026).

Stock Price Fair Value vs Fair Value
Thermo Fisher Scientific Inc TMO $630.70 $308.19 −51%
Danaher Corporation DHR $215.68 $103.88 −52%
WuXi AppTec Co 2359 HK$189.30 HK$150.16 −21%
Lonza Group LONN CHF 576.60 CHF 259.80 −55%
IDEXX Laboratories, Inc IDXX $556.69 $255.77 −54%
Agilent Technologies, Inc A $149.93 $61.53 −59%
Waters Corporation WAT $416.15 $121.96 −71%
IQVIA Holdings IQV $236.66 $132.17 −44%
Illumina, Inc ILMN $215.59 $95.51 −56%
Mettler-Toledo International Inc MTD $1,419 $615.78 −57%

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Frequently asked questions

Is Vimian Group AB (VIMIAN) overvalued or undervalued?
As of Aug 14, 2026, our model estimates a fair value of kr 19.64 versus a price of kr 34.60, about −43% upside (overvalued).
What is the fair value of VIMIAN?
Our model-based fair value for Vimian Group AB is kr 19.64 (as of Aug 14, 2026), built from audited fundamentals. The current price: kr 34.60.
What is the quality score of VIMIAN?
Vimian Group AB has a Quality Score of 53/100. 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 Vimian Group AB (VIMIAN)?
Vimian Group AB reported trailing-twelve-month revenue of about 434M SEK (latest available figure, as of Aug 14, 2026).
What is the net profit margin of VIMIAN?
The net profit margin of Vimian Group AB is about 8.5%, meaning it keeps roughly 8.5% of revenue as net income. Based on the latest reported figures.
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