AFXXF

AFRY Ab

Industrials · $1.1B market cap

Is AFXXF undervalued?

Share price

$10.05

as of Oct 21, 2026

Fair value

$31.16

Sticker Price

Payback Price

$12.46

buy price

On Sale

AFXXF is On Sale: at $10.05 it trades 19% below its buy price (Payback Price) of $12.46 and 68% below its fair value of $31.16. Business quality is mixed: 2 of 5 key numbers clear the 10% bar.

How we valued it

Free Cash Flow Growth. Free cash flow is growing faster than reported earnings, so we project free cash flow 10 years ahead instead.

Business quality

2 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth2.2% a year✗
Equity per share growth5.4% a year✗
Sales growth12.9% a year✓
Free cash flow growth13.2% a year✓
Return on invested capital6.6%✗

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Questions about AFXXF

What is AFXXF's fair value?

$31.16 as of Oct 21, 2026, worked out with the Free Cash Flow Growth. Free cash flow is growing faster than reported earnings, so we project free cash flow 10 years ahead instead.

At what price would AFXXF be a buy?

At or below its buy price of $12.46, a 60% margin of safety below its fair value.

Is AFXXF undervalued right now?

AFXXF is On Sale: at $10.05 it trades 68% below its fair value and 19% below its buy price.

How can I check AFXXF's value myself?

Use the free Sticker Price calculator, already filled with AFXXF's numbers. Change the growth, P/E or required return and see what you'd pay. Open the calculator →

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About AFRY Ab

Afry AB, a company established in Stockholm, Sweden, in 1895, offers a broad spectrum of engineering, design, and consultancy services. With operations spanning Sweden, Finland, Norway, Switzerland, Denmark, Germany, and numerous other international markets, the firm caters to vital sectors such as infrastructure, industry, energy, and digital transformation. The company is organized into five specialized divisions: Infrastructure, Industrial & Digital Solutions, Process Industries, Energy, and Management Consulting. Afry's extensive service offerings encompass architectural and design expertise, advanced automation and manufacturing solutions, and specific services for the automotive and mobility sectors. They provide building solutions for a diverse array of facilities, including airports, cultural and sports venues, high-security sites, hospitals, hotels, and residential housing. Additional capabilities include defense technology systems, digital solutions, information and communication technology (ICT) services, and engineering and advisory services for energy and power applications. Afry is also committed to environmental and sustainability initiatives, supports the food, life science, and pharmaceutical industries, and offers strategic management consulting. Their proficiency extends to various processing industries like mining and metals, food and beverage, pulp and paper, chemicals, and forestry. Furthermore, the company engages in product development, project management, transport infrastructure initiatives, and water resource management. The company, initially known as ÅF Pöyry AB (publ), officially rebranded to Afry AB in June 2021.

Engineering & Construction

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of Oct 21, 2026. How the Payback Price works