CirChem is a Swedish waste-management company with a market cap of about 19M SEK, and the numbers say it is in deep distress: revenue fell 21.5%, gross margin is negative at -135.4%, and operating margin is -216.8%, so each krona of sales currently costs more than two krona to produce and operate. ROE of -36.6% and no P/E or forward P/E reflect a business that is losing money rather than earning it, with no index membership to offer a liquidity or quality backstop. The data I have does not describe the company's specific products, its recycling or treatment technology, or any contract or regulatory catalyst, so I cannot identify a competitive advantage or a near-term driver from it. The only thing that would justify a deeper look is evidence that the cost base can be reset faster than revenue keeps shrinking, which would need to be checked in the filings before any further work is spent here.
Plain-English pros, cons, and what to watch. Pro feature.
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| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 23 Oct 2026, 01:52 CEST | ACCE price target | kr 0.39 | first publication | kr 0.46 |
Answered from CirChem AB (publ) fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| CIRCHE.ST CirChem AB (publ) | kr 0.46 | - | - | - | -36.6% | 27 | 19 |
| CDTG CDT Environmental Technology Investment Holdings Limited ordinary shares | $1.12 | - | - | - | -30.4% | 43 | 27 |
| AQMS Aqua Metals Inc. Common Stock | $1.47 | - | - | - | -218.4% | 31 | 16 |
| GWAV Greenwave Technology Solutions Inc. Common Stock | $2.29 | - | - | - | -56.7% | 31 | 38 |
| AXOLOT.ST Axolot Solutions Holding AB (publ) | kr 0.25 | - | - | - | -9.5% | 29 | 17 |
| BIOEX.ST Bioextrax AB (publ) | kr 2.19 | - | - | - | -124.0% | 14 | 14 |
| OREGE.PA Orege Société Anonyme | €0.29 | - | - | - | 0.0% | 16 | 32 |
Where CIRCHE.ST ranks against its sector peers on each metric.