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Wirtek A/S (WIRTEK) Fair Value & Analysis

Technology · DK · Market cap 32.0M DKK (≈ $5.0M) · ISIN DK0060040913

What is Wirtek A/S really worth?

WA Wirtek A/S WIRTEK · CO
Pricekr 4.20
Fair Valuekr 0.6800
Upside−83.8%
Quality47/100

Below-average quality, and trading another 518% above our fair value of kr 0.6800.

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Strengths

generates free cash flow

Risks

!Mixed Growth (revenue 5y +18.4 %/yr)
!Loss-making · -1.7% net margin
!Trails peers (4/12)
!Narrow moat 19/100
!Evidence only low, so the estimate is less certain
!The models disagree: range kr 0.1600 to kr 1.20
!Weak on future: 19 out of 100
Evidence: Low Range kr 0.1600 – kr 1.20

Fair value as of: Sep 3, 2026

From 12 valuation models · updated yesterday

Fair value updated Sep 3, 2026, revised from kr 0.3800 to kr 0.6800 (+78.9%) since Aug 13, 2026. Share price +2.9% 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 1.20). The favourable scenario is already priced in.
  • The model range is unusually wide (kr 0.1600 to kr 1.20). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (47/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

kr 22.99 kr 3.80 Fair Value kr 0.6800 Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 3, 2026.

How to read this chart

60‑month range kr 3.80 – kr 22.99 · fair‑value band kr 0.1600 – kr 1.20 · the kr 4.20 price screens above the kr 0.6800 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 3, 2026.

Full chart & analysis →

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Analysis

Wirtek A/S (WIRTEK) currently trades at kr 4.20, while our model-based Fair Value estimate is kr 0.6800, implying the stock looks roughly 517.7% overvalued today. The Quality Score stands at 47/100 (below-average quality), in the Technology sector. Bull case: the Dividend Discount group reads highest at a median of kr 2.50 per share, and 0 of the 12 models we run sit above the kr 4.20 price. Bear case: the Multiples group reads lowest at kr 0.9900, and 12 of the 12 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Wirtek A/S generated revenue of 66.5M DKK at a net margin of −1.7%. Revenue grew 4.3% year over year. It earns a return on equity of −7.0%. Net debt stands at 8.3M DKK. Fundamentals as of Sep 3, 2026

Our scenario range runs from kr 0.1600 (bear case) to kr 1.20 (bull case); at kr 4.20, 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 35% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at 69% fair-value upside, at −84%, WIRTEK screens richer than that median.

Fair Value models

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
FCF DCF best evidence kr 1.57 kr 2.44 kr 3.75 77
Growth DCF kr 1.53 kr 2.26 kr 3.27 75
5Y EBITDA Exit kr 1.08 kr 1.52 kr 2.05 73
All 12 models by family
DCF Models
FCF DCF best evidence kr 1.57 kr 2.44 kr 3.75 77
5Y Revenue Exit kr 1.50 kr 2.41 kr 3.67 69
5Y EBITDA Exit kr 1.08 kr 1.52 kr 2.05 73
10Y Revenue Exit kr 1.47 kr 2.28 kr 3.54 63
10Y EBITDA Exit kr 1.26 kr 1.71 kr 2.34 66
Dividend Discount
Gordon GGM kr 1.57 kr 2.63 kr 3.42 68
DDM Multi-Stage kr 1.57 kr 2.50 kr 2.83 67
Multiples
EV/EBITDA kr 0.8100 kr 0.9900 kr 1.16 64
EV/Revenue kr 1.49 kr 2.01 kr 2.53 52
Asset-Based
NCAV (Graham) kr 0.9100 kr 1.21 kr 1.81 51
Growth DCF
Growth DCF kr 1.53 kr 2.26 kr 3.27 75
Rev-Margin DCF kr 1.50 kr 2.39 kr 3.58 69

Widest divergence: Dividend Discount (kr 2.50) versus Multiples (kr 0.9900). Highest evidence: FCF DCF (77).

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Key figures & financial health

P/S ratio 0.48 TTM
EPS (TTM) kr −0.1500
Dividend yield 5.5%
Net margin −4.1% FY2025
Return on equity −7.0% TTM
Return on assets (EBIT) 11.8% avg 5y
More key figures
Profitability
Operating margin −1.1% TTM
Growth
Revenue (TTM) 66.4M DKK TTM
Revenue growth (YoY) +3.7% 3y avg −1.0%
EPS growth (YoY) −22.8%
Balance sheet & cash flow
Free cash flow 1.1M DKK FY2025
Net debt 8.3M DKK FY2025 · ≈ 7.9 yrs of FCF

Figures from reported company fundamentals · as of Sep 3, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 47/100

Of which business quality 48 · Market factors (momentum, volatility) 31

Profitability 20
Margins and returns on capital today
Quality Growth 18
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 62
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 54
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 12
Distance to the 52-week high (market factor)
Net Issuance 77
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

Wirtek A/S, an IT services and solutions, provides software development, testing, and consultancy services in the United States, Denmark, Portugal, the Netherlands, Austria, Romania, and United Kingdom.

Full company description

Wirtek A/S, an IT services and solutions, provides software development, testing, and consultancy services in the United States, Denmark, Portugal, the Netherlands, Austria, Romania, and United Kingdom. The company offers software development services, such as product engineering, software engineering, system modernisation, mobile and app development, monitoring and maintenance, quality assurance and testing; device connectivity and control, data collection and storage, analytics and visualisation, automation and event-driven IOT, edge computing, scalable IOT platforms, security for connected systems, software development for embedded systems, and DevOps services; and software testing, hardware testing, cyber security, and quality assurance training services. It also provides maintenance software for solar PV and EV charging operations; Tenant Consumption Management, Smartplug Energy Optimization, Warehouse Logistics ESG Optimization, and Industrial IoT Cloud services. The company serves energy, connectivity and automation, digital engineering domains. Wirtek A/S was incorporated in 2001 and is headquartered in Aalborg, Denmark.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Wirtek A/S reported revenue of 64.3M DKK in FY2025 versus 45.4M DKK in FY2021, a compound +9.1%/yr. Reported net income was −2.7M DKK in FY2025.

Growth Quality 56/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
64.3M DKK
Latest YoY
−10.5%
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.
−1.0%
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.
+18.4%
Avg. revenue growth/yr (20Y) 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.
+6.2%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +9.1%/yr
FY21 45.4M DKK
FY22 66.3M DKK
FY23 70.4M DKK
FY24 71.9M DKK
FY25 64.3M DKK
Net income
FY21 4.8M DKK
FY22 5.1M DKK
FY23 4.0M DKK
FY24 2.2M DKK
FY25 −2.7M DKK
Character of growth · EPS growth decomposed (2014-2025) +17.7 % p.a.
Revenue per share +20.6 %

of which total revenue +24.0 % · buybacks/dilution −2.7 %

EBIT margin +1.9 %
Tax rate −2.1 %
Residual (interest, one-offs) −2.2 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

WIRTEK screens 518% overvalued. Compare with International Business Machines Corporation →

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Cite: Fair Value Calculator (2026). "Wirtek A/S Fair Value". https://www.fairvalue-calculator.com/stock/WIRTEK

Peer Group

Information Technology Services · 497 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 47 · Below median
Fair Value upside −84% · Bottom 25%
Return on assets 1% · Below median
Net margin (TTM) −2% · Bottom 25%
Operating margin (TTM) −1% · Bottom 25%
Revenue growth 4% · Below median
Dividend yield (TTM) 5.5% · Top 25%

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/B 0.35× · Cheaper than 75% of peers
P/S (TTM) 0.08× · Cheaper than 75% of peers
P/FCF 4.7× · Pricier than median
EV/EBITDA 1.1× · Cheaper than 75% of peers

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 35
FUTURE19 · sector 31
PAST0 · sector 34
HEALTH0 · sector 97
DIVIDEND100 · sector 36

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

Similar stocks

10 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Sep 3, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.59 $175.76 −25%
Accenture plc ACN $189.61 $334.27 +76%
Tata Consultancy Services Limited TCS ₹2,302 ₹3,473 +51%
Infosys Limited INFY ₹1,156 ₹1,958 +69%
HCL Technologies Limited HCLTECH ₹1,282 ₹1,722 +34%
Fiserv, Inc FI C$5.13 C$8.07 +57%
Wipro Limited WIT $1.83 $3.51 +92%
Fidelity National Information Services, Inc FIS $41.34 $19.28 −53%
Cognizant Technology Solutions Corporation CTSH $64.04 $132.01 +106%
Capgemini SE CAP €109.45 €222.79 +104%

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Frequently asked questions

Is Wirtek A/S (WIRTEK) overvalued or undervalued?
As of Sep 3, 2026, our model estimates a fair value of kr 0.6800 versus a price of kr 4.20, about −84% upside (overvalued).
What is the fair value of WIRTEK?
Our model-based fair value for Wirtek A/S is kr 0.6800 (as of Sep 3, 2026), built from audited fundamentals. The current price: kr 4.20.
What is the quality score of WIRTEK?
Wirtek A/S has a Quality Score of 47/100. 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 Wirtek A/S (WIRTEK)?
Wirtek A/S reported trailing-twelve-month revenue of about 66.5M DKK (latest available figure, as of Sep 3, 2026).
What is the net profit margin of WIRTEK?
The net profit margin of Wirtek A/S is about −1.7%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Wirtek A/S pay a dividend?
Wirtek A/S currently shows a dividend yield of about 5.48% relative to its recent price (as of Sep 3, 2026).
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