Freja eID Group AB (publ)

OM:FREJA Stock Report

Market Cap: SEK 224.8m

Freja eID Group Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate FREJA's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate FREJA's fair value for valuation analysis.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for FREJA. This is calculated by dividing FREJA's market cap by their current revenue.
What is FREJA's PS Ratio?
PS Ratio4.5x
SalesSEK 49.84m
Market CapSEK 224.84m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for FREJA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.2x
SFTR Safeture
4.4x16.1%SEK 283.8m
TENEO Teneo AI
1.8x28.3%SEK 185.8m
ADVE Advenica
2.8x9.0%SEK 435.5m
PREC Precise Biometrics
3.9x19.3%SEK 334.7m
FREJA Freja eID Group
4.5xn/aSEK 226.7m

Price-To-Sales vs Peers: FREJA is expensive based on its Price-To-Sales Ratio (4.5x) compared to the peer average (3.2x).

Price to Sales Ratio vs Industry

How does FREJA's PS Ratio compare vs other companies in the SE Software Industry?

11 CompaniesPrice / SalesEstimated GrowthMarket Cap
QBIT QuickBit eu
0.5xn/aUS$45.43m
ARCA Arcario
0.4xn/aUS$24.94m
SDS Seamless Distribution Systems
0.5x4.0%US$9.72m
THINC Thinc Collective
0.1xn/aUS$3.21m
FREJA 4.5xIndustry Avg. 2.1xNo. of Companies12PS0246810+
11 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: FREJA is expensive based on its Price-To-Sales Ratio (4.5x) compared to the Swedish Software industry average (2.1x).

Price to Sales Ratio vs Fair Ratio

What is FREJA'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.

FREJA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.5x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate FREJA's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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