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Xer Tech Holding (XER) Fair Value & Analysis

Technology · SE · Market cap 227M SEK

XT Xer Tech Holding XER · ST
Pricekr 3.64
Fair Valuekr 1.64
Upside-55.0%
Quality48/100
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Weak Growth
Thin margins · 0.0% net margin
generates free cash flow
Trails peers (3/10)
Narrow moat 30/100
Evidence: Medium Range kr 1.23 – kr 2.04 Share as image

Fair value as of: Aug 14, 2026

From 9 valuation models · updated today

Share price +4.0% over the past month.

Below-average quality, and screening another 55% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 2.04). The favourable scenario is already priced in.
  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (4 years)

kr 11.20 kr 2.46 Fair Value kr 1.64 Apr 2022 Aug 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

52‑month range kr 2.46 – kr 11.20 · fair‑value band kr 1.23 – kr 2.04 · the kr 3.64 price screens above the kr 1.64 fair value. Dashed = 300-day average. As of Aug 14, 2026.

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Analysis

Xer Tech Holding (XER) currently trades at kr 3.64, while our model-based Fair Value estimate is kr 1.64, implying the stock looks roughly 55.0% overvalued today. The Quality Score stands at 48/100 (below-average quality), in the Technology 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: medium).

Trailing-twelve-month revenue stands at 7.2M SEK. The stock trades on a trailing P/E of 0.1. Fundamentals as of Aug 14, 2026

Our scenario range runs from kr 1.23 (bear case) to kr 2.04 (bull case); at kr 3.64, 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 50% below its 52-week high and 98% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -61% fair-value upside, at -55%, XER 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (kr 0.0200 to kr 1.64). Read the values as a conservative anchor, not as a price target.
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
Growth DCF kr 0.7300 kr 0.9000 kr 1.15 72
EV/EBITDA kr 1.23 kr 1.64 kr 2.04 54
NCAV (Graham) kr 0.1500 kr 0.2000 kr 0.2900 50
All 9 models by family
DCF Models
FCF DCF kr 0.7100 kr 0.8900 kr 1.19 38
5Y Revenue Exit kr 0.3500 kr 0.3700 kr 0.4100 39
5Y EBITDA Exit kr 0.8900 kr 1.31 kr 1.87 41
10Y Revenue Exit kr 0.5200 kr 0.5500 kr 0.5800 36
10Y EBITDA Exit kr 0.8000 kr 1.05 kr 1.31 37
Multiples
EV/EBITDA kr 1.23 kr 1.64 kr 2.04 54
EV/Revenue kr 0.0200 kr 0.0200 kr 0.0300 43
Asset-Based
NCAV (Graham) kr 0.1500 kr 0.2000 kr 0.2900 50
Growth DCF
Growth DCF kr 0.7300 kr 0.9000 kr 1.15 72

Widest divergence: Growth DCF (kr 0.9000) versus Multiples (kr 0.0200). Highest evidence: Growth DCF (72).

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Key figures & financial health

Revenue (TTM) 7.2M SEK
Revenue growth (YoY) +3,533%
Free cash flow 5.7M SEK FY2025
P/E ratio 0.1
Operating margin -350%
EPS (TTM) kr 64.60

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

Quality Score breakdown

Overall quality 48/100

Of which business quality 53 · Market factors (momentum, volatility) 51

Profitability 0
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 78
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 56
Price trend over the last 3–12 months (market factor)
52W Momentum 44
Distance to the 52-week high (market factor)
Net Issuance 40
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

Xer Tech Holding AB (publ) develops and sells hybrid-electric long-range unmanned aerial systems (UAVs) for dual-use defense and commercial applications. It offers UAV hardware with proprietary hybrid engines and modular platforms able to carry heavy payloads, integrated AI, and sensor systems for demanding defense and industrial missions.

Full company description

Xer Tech Holding AB (publ) develops and sells hybrid-electric long-range unmanned aerial systems (UAVs) for dual-use defense and commercial applications. It offers UAV hardware with proprietary hybrid engines and modular platforms able to carry heavy payloads, integrated AI, and sensor systems for demanding defense and industrial missions. The company's platform also supports operations including powerline inspections, mapping, surveillance, gas leak detection, emergency response, and defense applications such as intelligence, surveillance, reconnaissance, and mine detection. The company was formerly known as Renewable Ventures Nordic AB (publ). The company is based in Dietikon, Switzerland. Xer Tech Holding AB (publ) operates as a subsidiary of Rex Technology Investments Pte. Ltd.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Xer Tech Holding reported revenue of kr 150K in FY2025 versus kr 297K in FY2022, a compound −20.4%/yr. Reported net income was −kr 9.3M in FY2025.

Growth Quality 29/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
150K SEK
Latest YoY
+13.3%
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.
−20.4%
Revenue −20.4%/yr
FY22 kr 297K
FY23 kr 772K
FY24 kr 132K
FY25 kr 150K
Net income
FY22 −kr 780K
FY23 −kr 1.2M
FY24 −kr 11.5M
FY25 −kr 9.3M

XER screens 55% overvalued. Compare with Dell Technologies Inc →

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Cite: Fair Value Calculator (2026). "Xer Tech Holding Fair Value". https://www.fairvalue-calculator.com/stock/XER

Peer Group

Computer Hardware · 224 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 48 · Below median
Fair Value upside −55% · Below median
Return on assets 0% · Below median
Net margin (TTM) 0% · Below median
Revenue growth 3533% · Top 25%

Valuation Multiples vs Computer Hardware median · lower = cheaper

P/E (TTM) 0.1× · Cheaper than 75% of peers
P/B 1.39× · Cheaper than median
P/S (TTM) 3.32× · Pricier than 75% of peers
P/FCF 4.2× · Pricier than median

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 0
FUTURE 100 · sector 59
PAST 0 · sector 23
HEALTH 0 · sector 97
DIVIDEND 0 · sector 42

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 Computer Hardware stocks, each showing price versus our Fair Value estimate (as of Aug 14, 2026).

Stock Price Fair Value vs Fair Value
Dell Technologies Inc DELL $484.50 $187.75 -61%
Arista Networks, Inc ANET $210.50 $57.72 -73%
Western Digital Corporation WDC $454.10 $90.94 -80%
Hygon Information Technology Co 688041 ¥287.66 ¥30.66 -89%
Hangzhou Hikvision Digital Technology Co 002415 ¥36.47 ¥40.44 +11%
Shenzhen Longsys Electronics Co 301308 ¥414.30 ¥91.67 -78%
Lenovo Group 0992 HK$29.04 HK$4.30 -85%
Dawning Information Industry Co 603019 ¥86.42 ¥39.38 -54%
Inspur Electronic Information Industry Co 000977 ¥75.02 ¥44.02 -41%
Lite-On Technology Corporation 2301 269.50 TWD 121.96 TWD -55%

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Frequently asked questions

Is Xer Tech Holding (XER) overvalued or undervalued?
As of Aug 14, 2026, our model estimates a fair value of kr 1.64 versus a price of kr 3.64, about −55% (overvalued).
What is the fair value of XER?
Our model-based fair value for Xer Tech Holding is kr 1.64 (as of Aug 14, 2026), built from audited fundamentals. The current price is kr 3.64.
What is the quality score of XER?
Xer Tech Holding has a Quality Score of 48/100. 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 Xer Tech Holding (XER)?
Xer Tech Holding reported trailing-twelve-month revenue of about 7.2M SEK (latest available figure, as of Aug 14, 2026).
What is the net profit margin of XER?
The net profit margin of Xer Tech Holding is about 0.0%, meaning it keeps roughly 0.0% 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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