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Webrock Ventures AB (WRV) Fair Value & Analysis

Financial Services · SE · Market cap 66.5M SEK

WV Webrock Ventures AB WRV · ST
Pricekr 2.88
Fair Valuekr 6.44
Upside+123.6%
Quality63/100
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Weak Growth
Highly profitable · 56.5% net margin
negative free cash flow
Ranks above peers (8/11)
Moderate moat 63/100
Evidence: Medium Range kr 4.83 – kr 8.05 Share as image

Fair value as of: Jul 18, 2026

From 2 valuation models · updated 24 days ago

Fair value updated Jul 18, 2026, revised from kr 6.40 to kr 6.44 (+0.6%) since Jun 26, 2026. Share price −13.0% over the past month.

A solid business, screening 124% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (kr 4.83). The market is more pessimistic than our downside scenario.
  • Solid quality (63/100) at a price below fair value, the discount is the argument here, not the business quality.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (3 years)

kr 22.80 kr 1.91 Fair Value kr 6.44 Feb 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

30‑month range kr 1.91 – kr 22.80 · fair‑value band kr 4.83 – kr 8.05 · the kr 2.88 price screens below the kr 6.44 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Webrock Ventures AB (WRV) currently trades at kr 2.88, while our model-based Fair Value estimate is kr 6.44, implying the stock looks roughly 123.6% undervalued today. The Quality Score stands at 63/100 (solid quality), in the Financial Services 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, Webrock Ventures AB generated revenue of 29.0M SEK at a net margin of 56.5%. Revenue declined 33.2% year over year. It earns a return on equity of 6.1%. Net debt stands at 3.5M SEK. Fundamentals as of Jul 18, 2026

Our scenario range runs from kr 4.83 (bear case) to kr 8.05 (bull case); at kr 2.88, the current price sits below 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 56% below its 52-week high and 77% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -12% fair-value upside, at 124%, WRV 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 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
P/B Multiple kr 8.26 kr 11.01 kr 13.77 55
NCAV (Graham) kr 6.48 kr 8.68 kr 12.96 50
All 2 models by family
Multiples
P/B Multiple kr 8.26 kr 11.01 kr 13.77 55
Asset-Based
NCAV (Graham) kr 6.48 kr 8.68 kr 12.96 50

Widest divergence: Multiples (kr 11.01) versus Asset-Based (kr 8.68). Highest evidence: P/B Multiple (55).

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Key figures & financial health

Revenue (TTM) 29.0M SEK
Revenue growth (YoY) -33.2%
Net margin 56.5%
Return on equity 6.1%
Free cash flow −13.8M SEK FY2025
P/E ratio 4.2
More key figures
Operating margin 47.9%
EPS (TTM) kr 0.7500
EPS growth (YoY) +54.2%
Net debt 3.5M SEK FY2023

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 63/100

Of which business quality 57 · Market factors (momentum, volatility) 21

Profitability 36
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 44
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 13
Distance to the 52-week high (market factor)
Net Issuance 80
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

Webrock Ventures AB is a venture capital firm specializing in seed, start-up, series A, incubation, and early venture investments. The firm seeks to invest in digital, internet, information technology and fintech companies. The firm is sector agnostic but only invest in business models that are possible through the use of technology.

Full company description

Webrock Ventures AB is a venture capital firm specializing in seed, start-up, series A, incubation, and early venture investments. The firm seeks to invest in digital, internet, information technology and fintech companies. The firm is sector agnostic but only invest in business models that are possible through the use of technology. The firm prefers to invest in companies based in Scandinavia, Brazil, Europe and Latin America. The firm invests between R$1 million ($0.25 million) and R$ 4 million ($1 million) in companies. Webrock Ventures AB was founded in July 2015 and it is based in Brazil, with an additional office in Stockholm, Sweden.

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

Revenue & earnings trend

FY2023 – FY2025 · reported fiscal years

Webrock Ventures AB reported revenue of kr 1.2M in FY2025 versus kr 1.6M in FY2023, a compound −15.3%/yr. Reported net income was kr 15.7M in FY2025.

Growth Quality 19/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
1.2M SEK
Latest YoY
−34.4%
Revenue −15.3%/yr
FY23 kr 1.6M
FY24 kr 1.8M
FY25 kr 1.2M
Net income
FY23 −kr 145M
FY24 −kr 387M
FY25 kr 15.7M

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Cite: Fair Value Calculator (2026). "Webrock Ventures AB Fair Value". https://www.fairvalue-calculator.com/stock/WRV

Peer Group

Asset Management · 971 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 62 · Above median
Fair Value upside +124% · Top 25%
Return on equity (TTM) 6% · Below median
Return on assets 4% · Above median
Net margin (TTM) 56% · Above median
Operating margin (TTM) 48% · Below median
Revenue growth -33% · Bottom 25%

Valuation Multiples vs Asset Management median · lower = cheaper

P/E (TTM) 4.2× · Cheaper than 75% of peers
P/B 0.24× · Cheaper than 75% of peers
P/S (TTM) 2.29× · Cheaper than median
EV/EBITDA 3.7× · 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 100 · sector 37
FUTURE 0 · sector 6
PAST 24 · sector 26
HEALTH 0 · sector 95
DIVIDEND 0 · sector 69

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 Asset Management stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Fondul Proprietatea SA FP $0.0420 $0.0800 +90%
BlackRock, Inc BLK $1,136 $465.75 -59%
Blackstone Inc BX $124.56 $16.35 -87%
Investor AB INVEB kr 423.70 kr 847.40 +100%
Brookfield Corporation BN C$62.45 C$10.12 -84%
KKR & Co KKR $100.94 $44.88 -56%
AB Industrivärden INDUA kr 532.50 kr 1,065 +100%
Jio Financial Services Limited JIOFIN ₹242.98 ₹40.19 -83%
Hedef Holding HEDEF 267.25 TRY 320.98 TRY +20%
Bajaj Holdings BAJAJHLDNG ₹10,398 ₹9,202 -12%

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Frequently asked questions

Is Webrock Ventures AB (WRV) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of kr 6.44 versus a price of kr 2.88, about +124% (undervalued).
What is the fair value of WRV?
Our model-based fair value for Webrock Ventures AB is kr 6.44 (as of Jul 18, 2026), built from audited fundamentals. The current price is kr 2.88.
What is the quality score of WRV?
Webrock Ventures AB has a Quality Score of 63/100. 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 Webrock Ventures AB (WRV)?
Webrock Ventures AB reported trailing-twelve-month revenue of about 29.0M SEK (latest available figure, as of Jul 18, 2026).
What is the net profit margin of WRV?
The net profit margin of Webrock Ventures AB is about 56.5%, meaning it keeps roughly 56.5% of revenue as net income. 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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