Verve Group SE

OM:VER Stock Report

Market Cap: SEK 3.2b

Verve Group Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: VER (SEK15.02) is trading below our estimate of future cash flow value (SEK114.61)

Significantly Below Future Cash Flow Value: VER is trading below future cash flow value by more than 20%.

Key Valuation Metric

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

Key metric: As VER is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for VER. This is calculated by dividing VER's market cap by their current revenue.
What is VER's PS Ratio?
PS Ratio0.5x
Sales€608.31m
Market Cap€285.57m

Price to Sales Ratio vs Peers

How does VER's PS Ratio compare to its peers?

The above table shows the PS ratio for VER vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.5x
ADTR Adtraction Group
0.5x4.87%SEK 665.9m
NYOR Nyorda
0.2x7.06%SEK 383.6m
ENRO Eniro Group
0.4xn/aSEK 396.6m
NEPA Nepa
0.7xn/aSEK 158.1m
VER Verve Group
0.5x10.64%SEK 285.6m

Price-To-Sales vs Peers: VER is expensive based on its Price-To-Sales Ratio (0.5x) compared to the peer average (0.5x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does VER's PS Ratio compare vs other companies in the European Media Industry?

18 CompaniesPrice / SalesEstimated GrowthMarket Cap
VER 0.5xIndustry Avg. 0.6xNo. of Companies31PS00.61.21.82.43+
18 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: VER is good value based on its Price-To-Sales Ratio (0.5x) compared to the European Media industry average (0.6x).

Price to Sales Ratio vs Fair Ratio

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

VER PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ratio1.3x

Price-To-Sales vs Fair Ratio: VER is good value based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (1.3x).

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 VER forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 15.02
SEK 51.41
+242.28%
37.41%SEK 84.04SEK 24.72n/a5
Jul ’27SEK 16.35
SEK 51.41
+214.44%
37.41%SEK 84.04SEK 24.72n/a5
Jun ’27SEK 18.26
SEK 50.41
+176.05%
37.41%SEK 82.40SEK 24.23n/a5
May ’27SEK 16.07
SEK 52.97
+229.61%
35.21%SEK 83.03SEK 24.42n/a5
Apr ’27SEK 15.79
SEK 52.75
+234.06%
35.21%SEK 82.69SEK 24.32n/a5
Mar ’27SEK 14.93
SEK 52.62
+252.45%
36.77%SEK 84.68SEK 23.97n/a5
Feb ’27SEK 16.36
SEK 53.36
+226.15%
40.53%SEK 84.00SEK 23.77n/a4
Jan ’27SEK 18.90
SEK 55.13
+191.67%
40.53%SEK 86.78SEK 24.56n/a4
Dec ’26SEK 18.11
SEK 65.85
+263.63%
24.22%SEK 87.50SEK 49.53n/a3
Nov ’26SEK 22.60
SEK 67.94
+200.62%
20.37%SEK 87.35SEK 56.04n/a3
Oct ’26SEK 23.98
SEK 72.87
+203.90%
27.97%SEK 101.58SEK 56.31n/a3
Sep ’26SEK 23.72
SEK 64.48
+171.83%
35.06%SEK 102.38SEK 43.14n/a4
Aug ’26SEK 29.54
SEK 69.69
+135.91%
30.71%SEK 103.09SEK 43.44n/a4
Jul ’26SEK 28.00
SEK 66.40
+137.13%
26.16%SEK 91.94SEK 42.94SEK 16.354
Jun ’26SEK 34.20
SEK 66.60
+94.74%
25.88%SEK 91.46SEK 42.72SEK 18.264
May ’26SEK 37.36
SEK 66.60
+78.27%
25.88%SEK 91.46SEK 42.72SEK 16.074
Apr ’26SEK 34.15
SEK 66.60
+95.02%
25.88%SEK 91.46SEK 42.72SEK 15.794
Mar ’26SEK 42.45
SEK 52.75
+24.27%
36.14%SEK 77.07SEK 19.37SEK 14.936
Feb ’26SEK 37.95
SEK 52.75
+39.01%
36.14%SEK 77.07SEK 19.37SEK 16.366
Jan ’26SEK 35.75
SEK 52.69
+47.38%
36.14%SEK 76.97SEK 19.35SEK 18.906
Dec ’25SEK 39.80
SEK 51.99
+30.63%
35.19%SEK 76.48SEK 19.52SEK 18.116
Nov ’25SEK 45.00
SEK 51.99
+15.53%
35.19%SEK 76.48SEK 19.52SEK 22.606
Oct ’25SEK 39.60
SEK 50.83
+28.36%
35.19%SEK 74.78SEK 19.08SEK 23.986
Sep ’25SEK 34.10
SEK 45.63
+33.81%
40.23%SEK 68.09SEK 19.11SEK 23.727
Aug ’25SEK 30.10
SEK 44.91
+49.21%
40.56%SEK 70.50SEK 19.79SEK 29.547
Jul ’25SEK 23.45
SEK 44.68
+90.52%
42.21%SEK 68.38SEK 19.19SEK 28.006
SEK 49.26
Fair Value
69.5% undervalued intrinsic discount
5
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/09 04:19
End of Day Share Price 2026/07/09 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

Verve Group SE is covered by 17 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Edward JamesBerenberg
Andreas WolfBerenberg
Matthew WeberCanaccord Genuity