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GRANGX.ST

Grangex AB (GRANGX.ST) fair value

Basic Materials · Other Precious Metals & Mining · Nasdaq Stockholm · Sweden
kr 20.85-1.18%
Market cap kr 295MUpdated Oct 23, 2026
Our verdict
Trades 37% below our fair value
Price
kr 20.85
Model fair valueConfidence: low
about kr 33.05
Built from weaker models, sales multiples or analyst targets, so treat it as a rough guide.
Not used by alerts or posts.
Treated as a pre-revenue company. None of the usual models had enough data, so this uses EV/EBITDA comparison instead.
ACCE opinionGrangex AB (GRANGX.ST)
Fair value
Not available
ACCE price target
kr 19.00
Rating
Not rated
Horizon
12 months
ACCE price target published on 23 Oct 2026, 01:53 CEST.
Price used: kr 20.85 at the close on 23 Oct 2026, 17:30 CEST.
Models: EV/EBITDA comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
15
out of 100
1-year return
-49.3%
Dividend yield
0.00%

Grangex AB in four questions

Plain answers, details below
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OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Grangex AB is a small Swedish precious metals and mining company with a market capitalisation of about 298M SEK, and it is not in any index. Revenue fell 4.1% over the period, and the operating margin of -375.9% against a 40.0% gross margin shows that the cost base is far larger than current sales can cover, so the business is in a pre-profit or early-production phase. Return on equity is 0.0% and there are no meaningful earnings, so P/E and forward P/E are not available. The case for a deeper look rests on whether the company's mineral assets and project timelines can move it toward sustainable production, which the supplied data does not show. Before anything else, the reader needs to confirm the asset base, funding runway and the timing of any production or resource milestones from the company's own filings.

AI-assisted·How I use AIWritten Oct 23, 2026

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

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Valuation

INVESTOR
Where GRANGX.ST's valuation models land
Price
kr 20.85
Model fair valueConfidence: low
about kr 33.05
Model
Fair value
Upside
EV/EBITDA comparison
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Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

No analyst coverage yet.
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
Do politicians beat the market? Our backtest →
Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Recent performance

1 week
-7.3%
1 month
-31.0%
3 months
-45.8%
6 months
-67.9%
YTD
-57.5%
1 year
-49.3%

Recommendation history, last 12 months

DateTypeNewPreviousPrice
23 Oct 2026, 01:53 CESTACCE price targetkr 19.00first publicationkr 21.10

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

This security trades in SEK. Exchange-rate movements can increase or reduce the result in your own currency.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

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Snapshot

Growth7Value10Quality24Momentum17Total15
Valuation
Trailing P/E
no data
Forward P/E
no data
PEG
no data
P/B
1.24x
EV / Revenue
23.0x
Book value/sh
kr -16.81
Enterprise value
kr 464M
Profitability
ROE
0.0%
FCF yield
-51.62%
ROIC
no data
Health and risk
Debt / equity
-0.68
Dividend yield
0.00%
Beta
-0.15

Price

-54.7% · 1Y

Ask anything about GRANGX.ST

Answered from Grangex AB fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
ROEbetter than 17% of peers
low -64%0%high 49%
Div yieldbetter than 67% of peers
low 0.0%0.0%high 1.2%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
GRANGX.ST Grangex ABkr 20.85---0.0%2415
ALGLD.PA Gold By Gold SA€4.47--17.0x19.7%4955
GRML Greenland Mines Ltd. Common Stock$5.98----63.5%1415
VOXR Vox Royalty Corp. Common Stock$4.84$2125% above7.0x49.4%10077
ASM.TO Avino Silver & Gold Mines Ltd.C$6.68C$7At fair value17.6x21.1%9164
VMET Versamet Royalties Corporation Common Stock$8.14$4125% above24.7x12.2%8664
MUX McEwen Inc. Common Stock$14.90$893% above11.6x13.5%6558

Sector report card

Where GRANGX.ST ranks against its sector peers on each metric.

Computing percentiles…