Fairvalue-Calculator Fairvalue-Calculator
EN DE

Vow ASA (VOW) Fair Value & Analysis

Industrials · NO · Market cap 727M NOK

VA Vow ASA VOW · OL
Pricekr 2.20
Fair Valuekr 3.35
Upside+52.3%
Quality94/100
Evidence: Medium Range kr 2.51 – kr 4.18

Fair value as of: Jun 24, 2026

From 8 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from kr 1.21 to kr 3.35 (+176.9%) since Jun 23, 2026. Share price −12.4% over the past month.

Price vs Fair Value (12 months)

kr 3.35 kr 1.48 Fair Value kr 3.35 Jun 2025 Jun 2026

12‑month range kr 1.48 – kr 3.35 · fair‑value band kr 2.51 – kr 4.18 · the kr 2.20 price screens below the kr 3.35 fair value. As of Jun 24, 2026.

✦ Which stocks are undervalued right now? Check free Discover now →

Analysis

Vow ASA (VOW) currently trades at kr 2.20, while our model-based Fair Value estimate is kr 3.35 — implying the stock looks roughly 52.3% undervalued today. We read business quality at 94/100 (high quality), in the Industrials 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, Vow ASA generated revenue of 1.1B NOK at a net margin of -23.9%. Revenue grew 15.9% year over year. It earns a return on equity of -75.1%. Net debt stands at 362M NOK. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 1.1B NOK
Revenue growth (YoY) +15.9%
Net margin -23.9%
Return on equity -75.1%
Free cash flow 20.0M NOK FY2025
Operating margin 3.8%
More key figures
EPS (TTM) kr -0.9000
Net debt 362M NOK FY2025

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

About the company

Vow ASA, together with its subsidiaries, produces, delivers, and maintains systems for processing and purifying wastewater, food waste, solid waste, and bio sludge in Norway, France, Poland, the United States, and Italy. It operates through Industrial Solutions, Maritime Solutions, and Aftersales segments. The Industrial Solutions segment designs and provides systems to valorise biomass residues and waste into renewable products, chemicals, and fossil free energy through pyrolysis solutions. The Maritime Solution segment provides Scanship's operations and delivers technological solutions for wastewater treatment, food waste processing, and waste management for the cruise industry. The Aftersales segment provides spare parts and consumables; and services on systems delivered to shipowners. In addition, the company offers Biogreen, a patented pyrolysis process for converting biomass, plastics, and waste into energy; and Safesteril, a patented sterilisation process for food and pharmac…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Vow ASA reported revenue of kr 1.0B in FY2025 versus kr 454M in FY2021, a compound +22.8%/yr. Reported net income was −kr 280M in FY2025.

Revenue +22.8%/yr
FY21 kr 454M
FY22 kr 783M
FY23 kr 919M
FY24 kr 1.0B
FY25 kr 1.0B
Net income
FY21 kr 323M
FY22 kr 14.3M
FY23 −kr 155M
FY24 −kr 132M
FY25 −kr 280M

Open the full interactive analysis →

Similar stocks

6 more Pollution & Treatment Controls stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Veralto Corporation VLTO $86.05 $56.91 -34%
Canmax Technologies Co 300390 ¥87.60 ¥10.41 -88%
Zurn Elkay Water Solutions Corporation ZWS $49.64 $46.91 -5%
Kurita Water Industries Ltd KTWIY $122.41 $49.33 -60%
Munters Group MTRS kr 178.10 kr 48.58 -73%
Fujian Longking Co 600388 ¥17.57 ¥15.79 -10%

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap Stocks

Frequently asked questions

Is Vow ASA (VOW) undervalued?
As of Jun 24, 2026, our model estimates a fair value of kr 3.35 versus a price of kr 2.20 — about +52% (undervalued). Model-based estimate, not financial advice.
What is the fair value of VOW?
Our 21-model fair value for Vow ASA is kr 3.35 (as of Jun 24, 2026), built from audited fundamentals. The current price is kr 2.20.
What is the quality score of VOW?
Vow ASA has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Vow ASA (VOW)?
Vow ASA reported trailing-twelve-month revenue of about 1.1B NOK (latest available figure, as of Jun 24, 2026).
What is the net profit margin of VOW?
The net profit margin of Vow ASA is about -23.9%, 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.