Klarna Group stock: fair value
KLARThe fair value of Klarna Group under our model is $10.80, the price is 18% above.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Fairly valuedIn our model the price counts as cheap below $7.20 and expensive above $21.60 (uncertainty very high, based on the price swings of the past year).
Calculated with a cost of equity of 10.2%. At 11.2% the fair value would be $9.34, at 9.2% it would be $12.81.
Where the number comes from
From the excess return model alone; without earnings there is no industry value.
Excess return model for banks and insurers: book value plus the value of returns above the cost of equity of 10.2% (government bond yield 3.8% plus beta 1.27 times a risk premium of 5%).
Calculate with your own assumptionsThe calculation step by step
With these figures the excess return model arrives at $10.80 per share: book value plus the value of what the company earns above its cost of equity over time. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Step | Value |
|---|---|
| Book value per share | $6.44 |
| Stable earnings per share (analyst estimates) | $0.94 |
| Return on equity in the model (stable earnings divided by book value) | 14.5% |
| Cost of equity | 10.2% |
| Excess return per share: (return − cost) × book value | $0.28 |
| Terminal value of excess returns: excess return / (10.2% − 3.8%) | $4.36 |
| Value per share (book value plus terminal value) | $10.80 |
| Fair value (from the cash flow model alone) | $10.80 |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 11 Sep 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.