Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Dynavox Group AB (publ) is a Swedish company specializing in assistive technology for communication as the parent of Tobii Dynavox, the global leader in this field. It develops and provides Augmentative and Alternative Communication (AAC) solutions that empower individuals with disabilities, including cerebral palsy, ALS, autism, and spinal cord injuries, to express themselves with a personalized voice, build literacy skills, and achieve greater independence. Operating primarily as a comprehensive SaaS provider, the company delivers innovative tools accessible via eye gaze, touch screens, or other methods, enhanced by AI-based speech synthesis supporting over 30 languages for both children and adults. With operations spanning Europe, North America, and other regions—where North America generates the majority of revenue—Dynavox Group AB employs around 1,005 people and focuses on the healthcare sector, specifically medical instruments and supplies. Addressing a critical market need, it serves approximately 50 million people worldwide who struggle to communicate effectively, amid an annual diagnosis of about 2 million potential users, though only 2% currently receive such aids.
kr 5.56
kr 0.08 (-1.42%)
EOD Jun 23, 2026 · Twelve Data
11.07% operating margin is respectable but not wide. ROIC at 14.79%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 25.1%, still solid. Free cash flow declined 108% despite revenue growth, conversion is weakening.
Free cash flow declined 108% versus the prior year, cash generation momentum has weakened. Negative free cash flow of -kr 8M. The business is consuming cash, not generating it.
3.3x earnings, 30.1x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
kr 2.47B
▲ +25.1% YoY
Net Income (TTM)
kr 180M
▲ +13.6% YoY
Op. Margin
11.60%
▼ -0.5pp YoY
ROIC
14.79%
▼ -1.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
kr 20M
▼ -108.4% YoY
Op. Cash Flow (TTM)
kr 51M
▼ -82.4% YoY
Net Debt
kr 909M
Cash & Equiv.
kr 195M
3Y CAGR: +26.6%
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At a P/E of 3.3 and a price-to-free-cash-flow of 30.1, Dynavox Group AB (publ) (DYVOX.XSTO) trades above a two-stage DCF intrinsic value of about SEK -5.32 per share, so at SEK 5.56 the stock looks overvalued (195.7% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Dynavox Group AB (publ) scores 58/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about SEK -5.32 per share for DYVOX.XSTO, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around SEK -3.99. At today's SEK 5.56, that puts the stock about 195.7% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Dynavox Group AB (publ) scores 58 out of 100 on Intrinsiqq's quality score, passing 4 of 8 checks, which makes it a mixed business on these measures. Recent fundamentals include a 11.6% operating margin and a 14.8% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full check-by-check breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. DYVOX.XSTO currently trades above its estimated intrinsic value and scores 58/100 on quality (mixed). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.