Dynavox Group AB (publ)

OM:DYVOX Stock Report

Market Cap: SEK 11.5b

Dynavox Group Valuation

Is DYVOX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of DYVOX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

SEK 212.68
Fair Value
49.6% undervalued intrinsic discount
3
Number of Analysts

Below Fair Value: DYVOX (SEK107.2) is trading below our estimate of fair value (SEK212.68)

Significantly Below Fair Value: DYVOX is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DYVOX?

Key metric: As DYVOX is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for DYVOX. This is calculated by dividing DYVOX's market cap by their current earnings.
What is DYVOX's PE Ratio?
PE Ratio76x
EarningsSEK 150.80m
Market CapSEK 11.46b

Price to Earnings Ratio vs Peers

How does DYVOX's PE Ratio compare to its peers?

The above table shows the PE ratio for DYVOX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average33.4x
FRACTL Fractal Gaming Group
22.3x22.40%SEK 1.1b
TOBII Tobii
38.9x74.71%SEK 791.4m
DORO Doro
14.6xn/aSEK 965.5m
HMS HMS Networks
57.9x32.65%SEK 21.0b
DYVOX Dynavox Group
76x49.50%SEK 11.5b

Price-To-Earnings vs Peers: DYVOX is expensive based on its Price-To-Earnings Ratio (76x) compared to the peer average (33.4x).

Price to Earnings Ratio vs Industry

How does DYVOX's PE Ratio compare vs other companies in the European Tech Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
DYVOX 76.0xIndustry Avg. 22.6xNo. of Companies4PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: DYVOX is expensive based on its Price-To-Earnings Ratio (76x) compared to the European Tech industry average (22.6x).

Price to Earnings Ratio vs Fair Ratio

What is DYVOX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DYVOX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio76x
Fair PE Ratio47.9x

Price-To-Earnings vs Fair Ratio: DYVOX is expensive based on its Price-To-Earnings Ratio (76x) compared to the estimated Fair Price-To-Earnings Ratio (47.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst DYVOX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 107.20
SEK 132.33
+23.45%
13.88%SEK 150.00SEK 107.00n/a3
Sep ’26SEK 125.20
SEK 132.33
+5.70%
13.88%SEK 150.00SEK 107.00n/a3
Aug ’26SEK 126.30
SEK 132.33
+4.78%
13.88%SEK 150.00SEK 107.00n/a3
Jul ’26SEK 112.30
SEK 91.33
-18.67%
14.70%SEK 110.00SEK 79.00n/a3
Jun ’26SEK 105.30
SEK 82.00
-22.13%
3.66%SEK 85.00SEK 79.00n/a2
May ’26SEK 87.05
SEK 80.00
-8.10%
1.25%SEK 81.00SEK 79.00n/a2
Apr ’26SEK 63.50
SEK 78.50
+23.62%
3.18%SEK 81.00SEK 76.00n/a2
Mar ’26SEK 63.70
SEK 78.50
+23.23%
3.18%SEK 81.00SEK 76.00n/a2
Feb ’26SEK 74.80
SEK 71.00
-5.08%
1.41%SEK 72.00SEK 70.00n/a2
Jul ’25SEK 53.90
SEK 64.50
+19.67%
8.53%SEK 70.00SEK 59.00SEK 112.302
Jun ’25SEK 59.90
SEK 55.50
-7.35%
6.31%SEK 59.00SEK 52.00SEK 105.302
May ’25SEK 55.00
SEK 55.50
+0.91%
6.31%SEK 59.00SEK 52.00SEK 87.052
Apr ’25SEK 57.70
SEK 53.50
-7.28%
2.80%SEK 55.00SEK 52.00SEK 63.502
Mar ’25SEK 54.40
SEK 53.50
-1.65%
2.80%SEK 55.00SEK 52.00SEK 63.702
Feb ’25SEK 43.30
SEK 44.50
+2.77%
1.12%SEK 45.00SEK 44.00SEK 74.802
Jan ’25SEK 42.10
SEK 42.00
-0.24%
4.76%SEK 44.00SEK 40.00SEK 62.602
Dec ’24SEK 39.80
SEK 42.00
+5.53%
4.76%SEK 44.00SEK 40.00SEK 58.602
Nov ’24SEK 34.50
SEK 39.50
+14.49%
11.39%SEK 44.00SEK 35.00SEK 61.602
Oct ’24SEK 31.10
SEK 38.00
+22.19%
7.89%SEK 41.00SEK 35.00SEK 59.902
SEK 132.33
Fair Value
19.0% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/02 22:41
End of Day Share Price 2025/10/02 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Dynavox Group AB (publ) is covered by 5 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Ramil KoriaDanske Bank
Mikael LaséenDNB Carnegie