As of July 10, 2025, MultiQ International AB's estimated intrinsic value ranges from $0.84 to $1.52 per share, depending on the valuation methodology applied.
| Valuation Method | Fair Value (USD) | Implied Upside/Downside |
|---|---|---|
| Discounted Cash Flow (10Y) | $1.52 | +0.2% |
| Discounted Cash Flow (5Y) | $0.84 | -44.5% |
| Dividend Discount Model (Multi-Stage) | $1.17 | -22.7% |
| Earnings Power Value | $1.35 | -11.2% |
Is MultiQ International AB (MULQ.ST) undervalued or overvalued?
With the current market price at $1.52, the stock appears to be moderately overvalued.
Intrinsic value represents the "true" worth of a company based on its fundamentals rather than market sentiment. We've employed multiple methodologies to triangulate MultiQ International AB's intrinsic value, including:
The cost of capital is a critical factor in valuation models, representing the required return for investors.
| WACC Component | Low | High |
|---|---|---|
| Long-term bond rate | 0.6% | 1.1% |
| Equity market risk premium | 5.2% | 6.2% |
| Adjusted beta | 0.82 | 0.93 |
| Cost of equity | 5.4% | 7.9% |
| Cost of debt | 5.0% | 5.0% |
| Tax rate | 21.8% | 22.0% |
| Debt/Equity ratio | 0.03 | 0.03 |
| After-tax WACC | 5.4% | 7.8% |
Our DCF model projects cash flows over 5-year and 10-year horizons, with the following key assumptions:
| DCF Model | Fair Value | Enterprise Value | % from Terminal Value |
|---|---|---|---|
| 5-Year Growth | $1 | $88M | 80.9% |
| 10-Year Growth | $2 | $171M | 79.7% |
| 5-Year EBITDA | $1 | $126M | 86.7% |
| 10-Year EBITDA | $1 | $166M | 79.1% |
The DDM values a company based on its expected future dividend payments. We used two approaches:
EPV assesses a company's value based on its current normalized earnings power, assuming no growth.
| EPV Component | Value |
|---|---|
| Normalized Earnings | $10M |
| Discount Rate (WACC) | 7.8% - 5.4% |
| Enterprise Value | $122M - $178M |
| Net Debt | $(16)M |
| Equity Value | $138M - $194M |
| Outstanding Shares | 123M |
| Fair Value | $1 - $2 |
| Selected Fair Value | $1.35 |
| Metric | Value |
|---|---|
| Market Capitalization | $186M |
| Enterprise Value | $125M |
| Trailing P/E | 0.00 |
| Forward P/E | 296.27 |
| Trailing EV/EBITDA | 11.85 |
| Current Dividend Yield | 0.00% |
| Dividend Growth Rate (5Y) | 0.00% |
| Debt-to-Equity Ratio | 0.03 |
To determine the most reliable intrinsic value estimate, we weigh each valuation method based on:
| Valuation Method | Weight | Weighted Value |
|---|---|---|
| Discounted Cash Flow (10Y) | 35% | $0.46 |
| Discounted Cash Flow (5Y) | 29% | $0.21 |
| Dividend Discount Model (Multi-Stage) | 24% | $0.23 |
| Earnings Power Value | 12% | $0.13 |
| Weighted Average | 100% | $1.22 |
Based on our comprehensive valuation analysis, MultiQ International AB's intrinsic value is $1.22, which is approximately 19.6% below the current market price of $1.52.
Key investment considerations:
Given these factors, we believe MultiQ International AB is currently moderately overvalued with the potential for long-term appreciation based on the company's growth trajectory and financial strength.