HEMNET GROUP AB |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 283.6 SEK | -1.53% |
|
-11.38% | +17.48% |
| Apr. 26 | Sweden's Hemnet Plans SEK450 Million Share Buyback | MT |
| Apr. 25 | Hemnet Group AB Elects Rasmus Jarborg as A New Board Member | CI |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 16,919 | 12,420 | 23,311 | 28,660 | - | - |
| Enterprise Value (EV) 1 | 17,108 | 12,649 | 23,749 | 29,176 | 29,165 | 29,002 |
| P/E ratio | 108 x | 42.9 x | 69.6 x | 53.9 x | 39.4 x | 31.8 x |
| Yield | 0.33% | 0.8% | 0.5% | 0.61% | 0.91% | 1.12% |
| Capitalization / Revenue | 23.2 x | 14 x | 23.2 x | 21.2 x | 17.5 x | 14.7 x |
| EV / Revenue | 23.5 x | 14.2 x | 23.6 x | 21.6 x | 17.8 x | 14.9 x |
| EV / EBITDA | 48.2 x | 28.2 x | 45.2 x | 38.9 x | 30.4 x | 25.3 x |
| EV / FCF | 75 x | 37.1 x | 69 x | 53.8 x | 40.5 x | 33.2 x |
| FCF Yield | 1.33% | 2.69% | 1.45% | 1.86% | 2.47% | 3.02% |
| Price to Book | 11.1 x | 8.66 x | 18.5 x | 21.9 x | 23.5 x | 23 x |
| Nbr of stocks (in thousands) | 101,131 | 98,889 | 96,566 | 101,058 | - | - |
| Reference price 2 | 167.3 | 125.6 | 241.4 | 283.6 | 283.6 | 283.6 |
| Announcement Date | 2/1/22 | 1/27/23 | 1/31/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 728.1 | 889.2 | 1,005 | 1,349 | 1,634 | 1,951 |
| EBITDA 1 | - | 355 | 448.1 | 525.5 | 749.1 | 958.1 | 1,148 |
| EBIT 1 | - | 223.9 | 377.5 | 448.2 | 666.7 | 888.3 | 1,079 |
| Operating Margin | - | 30.75% | 42.45% | 44.61% | 49.43% | 54.37% | 55.32% |
| Earnings before Tax (EBT) 1 | - | 198.1 | 370.7 | 427.4 | 631.1 | 857.8 | 1,051 |
| Net income 1 | 67.74 | 156.5 | 293.8 | 338.7 | 505.3 | 680.9 | 835.6 |
| Net margin | - | 21.49% | 33.04% | 33.71% | 37.46% | 41.67% | 42.83% |
| EPS 2 | 0.4500 | 1.550 | 2.930 | 3.470 | 5.262 | 7.196 | 8.925 |
| Free Cash Flow 1 | - | 228 | 340.5 | 344.1 | 542.8 | 719.4 | 874.8 |
| FCF margin | - | 31.31% | 38.29% | 34.25% | 40.24% | 44.03% | 44.84% |
| FCF Conversion (EBITDA) | - | 64.23% | 75.99% | 65.48% | 72.45% | 75.09% | 76.19% |
| FCF Conversion (Net income) | - | 145.69% | 115.9% | 101.59% | 107.42% | 105.66% | 104.7% |
| Dividend per Share 2 | - | 0.5500 | 1.000 | 1.200 | 1.733 | 2.571 | 3.182 |
| Announcement Date | 4/16/21 | 2/1/22 | 1/27/23 | 1/31/24 | - | - | - |
1SEK in Million2SEK
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 177.3 | 179.6 | 269.7 | 238.9 | 201 | 190.1 | 267.6 | 272 | 275 | 253.4 | 364.8 | 364.3 | 365.5 |
| EBITDA 1 | 84.6 | 85.5 | 145.3 | 128.5 | 88.8 | 87.2 | 140.7 | 156 | 141.6 | 119.7 | 199.8 | 219.1 | 195.7 |
| EBIT 1 | 64.7 | 67.8 | 127.5 | 110.9 | 71.3 | 68.1 | 121.7 | 136.9 | 121.5 | 98.9 | 178.9 | 198.2 | 174.7 |
| Operating Margin | 36.49% | 37.75% | 47.27% | 46.42% | 35.47% | 35.82% | 45.48% | 50.33% | 44.18% | 39.03% | 49.05% | 54.39% | 47.8% |
| Earnings before Tax (EBT) 1 | - | - | 126.3 | - | - | - | 116 | 129.5 | 117.9 | 91.3 | 171.3 | 182.1 | 173.8 |
| Net income 1 | 50 | - | 100 | - | - | - | 91.9 | 102.8 | 93.3 | 72.4 | 136 | 144.4 | 137.8 |
| Net margin | 28.2% | - | 37.08% | - | - | - | 34.34% | 37.79% | 33.93% | 28.57% | 37.28% | 39.64% | 37.71% |
| EPS 2 | - | - | 0.9900 | - | - | 0.5100 | 0.9400 | 1.050 | 0.9600 | 0.7500 | 1.408 | 1.494 | 1.426 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 2/1/22 | 4/28/22 | 7/21/22 | 10/20/22 | 1/27/23 | 4/26/23 | 7/19/23 | 10/25/23 | 1/31/24 | 4/23/24 | - | - | - |
1SEK in Million2SEK
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 189 | 228 | 438 | 516 | 505 | 342 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 0.5313 x | 0.509 x | 0.8337 x | 0.6886 x | 0.5267 x | 0.2978 x |
| Free Cash Flow 1 | - | 228 | 341 | 344 | 543 | 719 | 875 |
| ROE (net income / shareholders' equity) | - | 10.9% | 19.9% | 25.2% | 42% | 59.9% | 64.8% |
| ROA (Net income/ Total Assets) | - | 6.95% | 13.9% | 15.9% | 21.8% | 27.6% | 30.5% |
| Assets 1 | - | 2,253 | 2,114 | 2,125 | 2,313 | 2,468 | 2,741 |
| Book Value Per Share 2 | - | 15.00 | 14.50 | 13.00 | 12.90 | 12.10 | 12.40 |
| Cash Flow per Share 2 | - | - | - | - | 6.360 | 8.610 | 10.90 |
| Capex 1 | - | 7 | 15.5 | 38.8 | 29.2 | 33.8 | 39.1 |
| Capex / Sales | - | 0.96% | 1.74% | 3.86% | 2.17% | 2.07% | 2% |
| Announcement Date | 4/16/21 | 2/1/22 | 1/27/23 | 1/31/24 | - | - | - |
1SEK in Million2SEK
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
283.6
SEK
Average target price
349.1
SEK
Spread / Average Target
+23.10%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +17.48% | 2.61B | |
| +18.66% | 414B | |
| +15.27% | 242B | |
| +12.15% | 144B | |
| +20.63% | 104B | |
| +17.19% | 83.87B | |
| +54.11% | 57.64B | |
| +33.59% | 53.37B | |
| +6.02% | 37.83B | |
| +15.88% | 32.51B |
- Stock Market
- Equities
- HEM Stock
- Financials Hemnet Group AB
