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Stock Screener·Sweden·Technology·FREJA.ST
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Freja eID Group AB Stocks

SEK 23.6Last Updated 10.07.2026

Issuer Rating

1/7
Performance

Modest

Risk

High

Recommendation

Sell

Market Cap

SEK 48.83M

SEK 23.6
Key Takeaways

Risk factor

Very high price volatility

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Profitability factor

Greatly overvalued vs peers

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

Freja eID Group AB (publ) operates as an IT security specialist, supplying advanced security solutions to banks, government agencies, and businesses across the globe. The company's product portfolio includes Freja eID, a comprehensive ecosystem designed for digital identities. Freja ID is offered to ensure secure access for key individuals, such as management teams. To simplify user onboarding, they provide the Freja Self-Service Portal. Freja Connect serves as an identity provider, enabling the integration of internal authentication systems with external platforms. Furthermore, Freja Mobile delivers both enhanced security and user convenience for login and digital signing processes. Their array of authentication methods comprises various login devices, including one-button, keyboard, card, USB, and mobile tokens, alongside Freja Mobile, SMS, email, code cards, and Google Authenticators. The software Pinelope assists in generating personal identification number (PIN) mailers for the secure distribution of passwords or PINs. Freja eID Group also offers solutions for key management, notably the Chiave Key Management Facility, which supports the common key types utilized by financial institutions and payment processors. The Chiave Registration Authority is tasked with generating cryptographic keys and certificates, while Chiave POS facilitates the customization and management of point-of-sale terminals. Additionally, the company provides versatile general-purpose Hardware Security Modules (HSMs), allowing organizations to integrate hardware-level security into critical applications like public key infrastructures, databases, and web/application servers. Specialized payment HSMs are available to safeguard financial transactions, alongside products for transparent and network encryption. Central to their offerings is the Verisec Platform of Digital Trust, a robust framework furnishing a diverse set of tools for protecting digital identities and data. Beyond its products, Freja eID Group extends a wide range of services, encompassing order fulfillment, programming, distribution and logistics, warehousing, printing and packaging, return handling, warranty management, code administration, and various training courses. Established in 2002, the company was initially known as Verisec AB (publ) before rebranding to Freja eID Group AB (publ) in November 2020. Its main office is situated in Stockholm, Sweden.

Company Valuation

Greatly overvalued
1/7

From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is overvalued on EV/EBITDA, overp

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Target Price

Slightly negative
3/7

The average target price of FREJA.ST is 18.0 and suggests 23.7% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation

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Risks

  • Default risk
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  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
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  • Other risks
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