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Xplora Technologies AS, an information technology company, (XPLRA) Fair Value & Analysis

Consumer Cyclical · NO · Market cap 1.7B NOK

XT Xplora Technologies AS, an information technology company, XPLRA · OL
Pricekr 36.55
Fair Valuekr 49.34
Upside+35.0%
Quality46/100
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Mixed Growth
Thin margins · 4.9% net margin
High debt · generates free cash flow
Ranks above peers (9/13)
Moderate moat 48/100
Evidence: Medium Range kr 32.37 – kr 64.46 Share as image

Fair value as of: Jul 18, 2026

From 13 valuation models · updated 23 days ago

Share price −4.2% over the past month.

Below-average quality, screening 35% undervalued on our models.

What matters now

  • Solid quality (46/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (kr 32.37 to kr 64.46) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

kr 59.00 kr 6.42 Fair Value kr 49.34 May 2021 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

60‑month range kr 6.42 – kr 59.00 · fair‑value band kr 32.37 – kr 64.46 · the kr 36.55 price screens below the kr 49.34 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

Xplora Technologies AS, an information technology company, (XPLRA) currently trades at kr 36.55, while our model-based Fair Value estimate is kr 49.34, implying the stock looks roughly 35.0% undervalued today. The Quality Score stands at 46/100 (below-average quality), in the Consumer Cyclical 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, Xplora Technologies AS, an information technology company, generated revenue of 2.0B NOK at a net margin of 4.9%. Revenue grew 11.1% year over year. It earns a return on equity of 23.1%. Net debt stands at 532M NOK. Fundamentals as of Jul 18, 2026

Our scenario range runs from kr 32.37 (bear case) to kr 64.46 (bull case); at kr 36.55, the current price sits within 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 39% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -49% fair-value upside, at 35%, XPLRA 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
Growth DCF kr 10.25 kr 21.38 kr 38.87 80
Rev-Margin DCF kr 26.50 kr 55.33 kr 115.32 74
ROIC Compounder kr 26.96 kr 42.82 kr 53.75 72
All 13 models by family
DCF Models
FCF DCF kr 11.28 kr 18.78 kr 41.19 38
5Y Revenue Exit kr 23.32 kr 47.81 kr 99.36 39
5Y EBITDA Exit kr 31.52 kr 64.38 kr 128.95 41
10Y Revenue Exit kr 18.21 kr 53.54 kr 78.39 36
10Y EBITDA Exit kr 24.87 kr 69.65 kr 150.30 37
Earnings-Based
EPV kr 19.69 kr 23.06 kr 25.87 59
Multiples
EV/EBIT kr 41.32 kr 56.78 kr 72.23 53
EV/EBITDA kr 40.33 kr 55.45 kr 70.57 54
EV/Revenue kr 26.22 kr 39.61 kr 53.00 43
Asset-Based
NCAV (Graham) kr 3.64 kr 4.88 kr 7.28 50
Growth DCF
Growth DCF kr 10.25 kr 21.38 kr 38.87 80
Rev-Margin DCF kr 26.50 kr 55.33 kr 115.32 74
Economic Profit
ROIC Compounder kr 26.96 kr 42.82 kr 53.75 72

Widest divergence: Multiples (kr 55.45) versus Asset-Based (kr 4.88). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 2.0B NOK
Revenue growth (YoY) +11.1%
Net margin 4.9%
Return on equity 23.1%
Free cash flow 57.2M NOK FY2025
P/E ratio 17.2
More key figures
Operating margin 2.7%
EPS (TTM) kr 2.04
EPS growth (YoY) +6,691%
Net debt 532M NOK FY2025

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

Quality Score breakdown

Overall quality 46/100

Of which business quality 44 · Market factors (momentum, volatility) 28

Profitability 36
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 30
Earnings quality: real cash, not paper profit
Fin. Strength 41
Balance sheet, leverage, solvency risk
Investment 66
Disciplined investing over empire-building
Low Volatility 74
Calm price path (market factor)
Momentum 10
Price trend over the last 3–12 months (market factor)
52W Momentum 8
Distance to the 52-week high (market factor)
Net Issuance 58
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

Xplora Technologies AS, an information technology company, develops wearable smart devices, mobile phones and smartphones, connectivity, and value-added services.

Full company description

Xplora Technologies AS, an information technology company, develops wearable smart devices, mobile phones and smartphones, connectivity, and value-added services. The company offers Xplora Platform, which consists of connectivity services (mobile subscription) and value-added services; and an activity platform, which converts physical activity collected from smart devices to Xplora coins. It also provides accessories. The company operates in Germany, Sweden, the United Kingdom, Norway, Spain, Ireland, Finland, Estonia, Denmark, the United State, and France. Xplora Technologies AS was founded in 2016 and is headquartered in Oslo, Norway.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Xplora Technologies AS, an information technology company, reported revenue of kr 1.9B in FY2025 versus kr 431M in FY2021, a compound +45.2%/yr. Reported net income was −kr 32.3M in FY2025.

Growth Quality 81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
1.9B NOK
Latest YoY
+135.8%
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.
+56.3%
Avg. 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.
+57.1%
Avg. growth/yr (8Y) 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.
+141.4%
Revenue +45.2%/yr
FY21 kr 431M
FY22 kr 502M
FY23 kr 689M
FY24 kr 813M
FY25 kr 1.9B
Net income
FY21 −kr 13.5M
FY22 −kr 74.4M
FY23 −kr 21.4M
FY24 −kr 5.9M
FY25 −kr 32.3M

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Cite: Fair Value Calculator (2026). "Xplora Technologies AS, an information technology company, Fair Value". https://www.fairvalue-calculator.com/stock/XPLRA

Peer Group

Internet Retail · 109 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 46 · Bottom 25%
Fair Value upside +35% · Above median
Return on equity (TTM) 23% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 5% · Above median
Operating margin (TTM) 3% · Above median
Revenue growth 11% · Above median
Debt / equity 1.91× · Higher than 75% of peers

Valuation Multiples vs Internet Retail median · lower = cheaper

P/E (TTM) 17.2× · Cheaper than median
P/B 4.82× · Pricier than 75% of peers
P/S (TTM) 0.86× · Pricier than median
P/FCF 3.1× · Cheaper than median
EV/EBITDA 9.9× · Cheaper 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 80 · sector 34
FUTURE 56 · sector 39
PAST 93 · sector 7
HEALTH 5 · sector 94
DIVIDEND 0 · sector 39

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Internet Retail stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Amazon.com, Inc AMZN $245.34 $127.67 -48%
Alibaba Group BABA $114.97 $75.75 -34%
PDD Holdings PDD $84.14 $223.51 +166%
MercadoLibre, Inc MELI $1,814 $798.98 -56%
DoorDash, Inc DASH $190.16 $38.64 -80%
Sea Limited SE $106.22 $52.70 -50%
eBay Inc EBAY $117.20 $60.13 -49%
JD.com, Inc JD €25.95 €31.88 +23%
Coupang, Inc CPNG $16.86 $2.79 -83%
Delivery Hero SE DHER €38.18 €12.71 -67%

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Frequently asked questions

Is Xplora Technologies AS, an information technology company, (XPLRA) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of kr 49.34 versus a price of kr 36.55, about +35% (undervalued).
What is the fair value of XPLRA?
Our model-based fair value for Xplora Technologies AS, an information technology company, is kr 49.34 (as of Jul 18, 2026), built from audited fundamentals. The current price is kr 36.55.
What is the quality score of XPLRA?
Xplora Technologies AS, an information technology company, has a Quality Score of 46/100. 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 Xplora Technologies AS, an information technology company, (XPLRA)?
Xplora Technologies AS, an information technology company, reported trailing-twelve-month revenue of about 2.0B NOK (latest available figure, as of Jul 18, 2026).
What is the net profit margin of XPLRA?
The net profit margin of Xplora Technologies AS, an information technology company, is about 4.9%, meaning it keeps roughly 4.9% 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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