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IRIS.ST

Irisity AB (publ) (IRIS.ST) fair value

Industrials · Security & Protection Services · Nasdaq Stockholm · Sweden
kr 0.22+0.93%
Market cap kr 83MNext earnings 2025-08-15Updated Oct 22, 2026
Our verdict
Trades 45% below our fair value
Price
kr 0.22
Model fair valueConfidence: low
about kr 0.40
Built from weaker models, sales multiples or analyst targets, so treat it as a rough guide.
Not used by alerts or posts.
Valued as a loss-making company: Analyst consensus.
ACCE opinionIrisity AB (publ) (IRIS.ST)
Fair value
Not available
ACCE price target
kr 0.26
Rating
Not rated
Horizon
12 months
ACCE price target published on 23 Oct 2026, 01:53 CEST.
Price used: kr 0.22 at the close on 23 Oct 2026, 17:30 CEST.
Models: Analyst consensus.
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
56
out of 100
1-year return
+37.5%
Dividend yield
0.00%

Irisity AB (publ) in four questions

Plain answers, details below
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OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Irisity AB makes AI-driven video analytics and security cameras, sold mainly to transport and public-safety customers that use them to detect incidents and monitor infrastructure. The bull case rests on the fact that revenue grew 52.4% over the latest period, which suggests demand for its software-led surveillance products is finally converting into sales. The bear case is hard to ignore: gross margin is -19.9% and operating margin is -137.1%, meaning the company loses money on each unit before it covers overhead, so growth is currently making losses bigger rather than smaller. With an 82M SEK market cap, a return to positive gross margin is the specific milestone to watch, and it is the first thing to verify in the filings before this merits deeper work.

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

Walk me through this stock

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

PRO

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Valuation

INVESTOR
Where IRIS.ST's valuation models land
Price
kr 0.22
Model fair valueConfidence: low
about kr 0.40
Model
Fair value
Upside
Analyst consensus
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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
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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
-4.3%
1 month
-18.5%
3 months
+0.0%
6 months
+120.0%
YTD
+69.2%
1 year
+37.5%

Recommendation history, last 12 months

DateTypeNewPreviousPrice
23 Oct 2026, 01:53 CESTACCE price targetkr 0.26first publicationkr 0.21

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

Growth64Value47Quality31Momentum82Total56
Valuation
Trailing P/E
no data
Forward P/E
-0.1x
PEG
no data
P/B
0.45x
EV / Revenue
1.3x
Book value/sh
kr 0.60
Enterprise value
kr 121M
Profitability
ROE
-50.2%
FCF yield
-66.70%
ROIC
-50.2%
Health and risk
Debt / equity
0.07
Dividend yield
0.00%
Beta
2.02

Price

+22.2% · 1Y

Ask anything about IRIS.ST

Answered from Irisity AB (publ) fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
ROEbetter than 0% of peers
low -50%-50%high 11%
Div yieldbetter than 83% of peers
low 0.0%0.0%high 6.7%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
IRIS.ST Irisity AB (publ)kr 0.22----50.2%3156
PREC.ST Precise Biometrics AB (publ)kr 0.47----18.1%4723
ALAQU.PA Aquila SA€3.70€522% below11.6x11.0%3946
LEVEL.ST Nordic LEVEL Group AB (publ.)kr 0.30----14.2%3931
MBQ.DE Mobotix AG€0.76€260% below25.5x3.1%4643
TSEC.ST Tempest Security AB (publ)kr 10.80---8.6%2539
VRME VerifyMe Inc. Common Stock$5.54----42.8%4322

Sector report card

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

Computing percentiles…