View ValuationBHG Group 향후 성장Future 기준 점검 4/6BHG Group (는) 각각 연간 38.2% 및 6.2% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 35.7% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 5.3% 로 예상됩니다.핵심 정보38.2%이익 성장률35.71%EPS 성장률Specialty Retail 이익 성장12.2%매출 성장률6.2%향후 자기자본이익률5.27%애널리스트 커버리지Low마지막 업데이트30 Jun 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr20.22, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr40.17 per share.Recent Insider Transactions • May 21Head of Value Home Segment recently bought kr239k worth of stockOn the 19th of May, Johan Engström bought around 10k shares on-market at roughly kr23.90 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr249k. Insiders have collectively bought kr1.1m more in shares than they have sold in the last 12 months.Recent Insider Transactions • Apr 26Insider recently bought kr249k worth of stockOn the 23rd of April, Mikael Hagman bought around 10k shares on-market at roughly kr24.88 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr968k more in shares than they have sold in the last 12 months.Reported Earnings • Apr 16Full year 2025 earnings released: EPS: kr0.81 (vs kr3.79 loss in FY 2024)Full year 2025 results: EPS: kr0.81 (up from kr3.79 loss in FY 2024). Revenue: kr10.6b (up 6.2% from FY 2024). Net income: kr145.3m (up kr824.1m from FY 2024). Profit margin: 1.4% (up from net loss in FY 2024). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.Recent Insider Transactions • Apr 07Insider recently bought kr109k worth of stockOn the 1st of April, Mikael Hagman bought around 5k shares on-market at roughly kr24.16 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr518k more in shares than they have sold in the last 12 months.Reported Earnings • Jan 28Full year 2025 earnings released: EPS: kr0.81 (vs kr3.79 loss in FY 2024)Full year 2025 results: EPS: kr0.81 (up from kr3.79 loss in FY 2024). Revenue: kr10.6b (up 6.2% from FY 2024). Net income: kr145.3m (up kr824.1m from FY 2024). Profit margin: 1.4% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Jan 28Now 20% undervaluedOver the last 90 days, the stock has risen 3.2% to kr30.32. The fair value is estimated to be kr37.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings are also forecast to grow by 29% per annum over the same time period.New Risk • Jan 27New major risk - Revenue and earnings growthEarnings have declined by 54% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Oct 26Third quarter 2025 earnings released: EPS: kr0.062 (vs kr0.37 loss in 3Q 2024)Third quarter 2025 results: EPS: kr0.062 (up from kr0.37 loss in 3Q 2024). Revenue: kr2.60b (up 10% from 3Q 2024). Net income: kr11.2m (up kr78.0m from 3Q 2024). Profit margin: 0.4% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.공시 • Oct 01BHG Group AB (publ) to Report Q1, 2026 Results on Apr 23, 2026BHG Group AB (publ) announced that they will report Q1, 2026 results on Apr 23, 2026공시 • Sep 26BHG Group AB (publ), Annual General Meeting, May 05, 2026BHG Group AB (publ), Annual General Meeting, May 05, 2026.공시 • Sep 25+ 3 more updatesBHG Group AB (publ) to Report Nine Months, 2026 Results on Oct 23, 2026BHG Group AB (publ) announced that they will report nine months, 2026 results on Oct 23, 2026Reported Earnings • Jul 19Second quarter 2025 earnings released: EPS: kr0.42 (vs kr0.57 loss in 2Q 2024)Second quarter 2025 results: EPS: kr0.42 (up from kr0.57 loss in 2Q 2024). Revenue: kr2.78b (up 2.4% from 2Q 2024). Net income: kr75.6m (up kr177.9m from 2Q 2024). Profit margin: 2.7% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Recent Insider Transactions • May 18Head of Value Home Segment recently bought kr67k worth of stockOn the 15th of May, Johan Engström bought around 3k shares on-market at roughly kr26.66 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr125k. Insiders have collectively bought kr1.4m more in shares than they have sold in the last 12 months.Reported Earnings • Apr 27First quarter 2025 earnings released: EPS: kr0.10 (vs kr0.38 loss in 1Q 2024)First quarter 2025 results: EPS: kr0.10 (up from kr0.38 loss in 1Q 2024). Revenue: kr2.25b (up 11% from 1Q 2024). Net income: kr18.9m (up kr86.5m from 1Q 2024). Profit margin: 0.8% (up from net loss in 1Q 2024). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.Recent Insider Transactions • Apr 27Insider recently bought kr125k worth of stockOn the 25th of April, Mikael Hagman bought around 6k shares on-market at roughly kr22.72 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.3m more in shares than they have sold in the last 12 months.공시 • Apr 03The CEO, Gustaf Öhrn and Chief Digital Officer of IP-Agency Finland Oy completed the acquisition of 70% stake in IP-Agency Finland Oy from BHG Group AB (publ) (OM:BHG) in a management buyout transaction.The CEO, Gustaf Öhrn and Chief Digital Officer of IP-Agency Finland Oy entered into an agreement to acquire remaining 70% stake in IP-Agency Finland Oy from BHG Group AB (publ) (OM:BHG) in a management buyout transaction for SEK 58 million on November 22, 2024. A cash consideration of SEK 58 million will be paid by the buyer. As part of consideration, SEK 58 million is paid towards common equity of IP-Agency Finland Oy. For the period ending September 30, 2024, IP-Agency Finland Oy reported total revenue of SEK 307 million and EBIT of SEK 15 million. The transaction is subject to approval of offer by the shareholders of BHG Group AB. The shareholders of BHG Group AB (publ) are summoned to an extraordinary general meeting, to be held on Wednesday, 18 December 2024. As Of December 18, 2024 The general meeting resolved, in accordance with the board of directors’ proposal, to approve the transfer of 100 percent of the shares in IP-Agency Finland from BHG. The CEO, Gustaf Öhrn and Chief Digital Officer of IP-Agency Finland Oy completed the acquisition of 70% stake in IP-Agency Finland Oy from BHG Group AB (publ) (OM:BHG) in a management buyout transaction on April 1, 2025.Reported Earnings • Jan 30Full year 2024 earnings released: kr3.79 loss per share (vs kr8.73 loss in FY 2023)Full year 2024 results: kr3.79 loss per share (improved from kr8.73 loss in FY 2023). Revenue: kr9.96b (down 16% from FY 2023). Net loss: kr678.8m (loss narrowed 57% from FY 2023). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.공시 • Jan 13BHG Group AB (publ) Announces Management ChangesBHG Group AB (publ) (BHG) informed that Johan Engström has been appointed Head of the Value Home business area and as of date is part of BHG's management team. Johan Engström comes most recently from the role of CEO at Lekia and has previously, among other things, been CEO of the outdoor furniture company Brafab and Managing Director of Brio toys. Johan Engström succeeds Christian Eriksson who has left BHG after having worked within the group since 2013 in roles as CEO of Home Furnishing Nordic AB and most recently as Head of Value Home.Recent Insider Transactions • Nov 28Group CTO & Head of Sustainability recently bought kr1.0m worth of stockOn the 26th of November, Martin Leo bought around 60k shares on-market at roughly kr16.85 per share. This transaction increased Martin's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • Oct 25Third quarter 2024 earnings released: kr0.37 loss per share (vs kr7.30 loss in 3Q 2023)Third quarter 2024 results: kr0.37 loss per share (improved from kr7.30 loss in 3Q 2023). Revenue: kr2.36b (down 18% from 3Q 2023). Net loss: kr67.2m (loss narrowed 95% from 3Q 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.공시 • Oct 02+ 1 more updateBHG Group AB (publ), Annual General Meeting, May 06, 2025BHG Group AB (publ), Annual General Meeting, May 06, 2025.공시 • Aug 28BHG Group AB (publ) to Report Fiscal Year 2024 Results on Jan 29, 2025BHG Group AB (publ) announced that they will report fiscal year 2024 results on Jan 29, 2025공시 • Aug 27+ 3 more updatesBHG Group AB (publ) to Report Nine Months, 2025 Results on Oct 24, 2025BHG Group AB (publ) announced that they will report nine months, 2025 results on Oct 24, 2025Reported Earnings • Jul 19Second quarter 2024 earnings released: kr0.57 loss per share (vs kr0.12 profit in 2Q 2023)Second quarter 2024 results: kr0.57 loss per share (down from kr0.12 profit in 2Q 2023). Revenue: kr2.72b (down 22% from 2Q 2023). Net loss: kr102.3m (down kr124.1m from profit in 2Q 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.New Risk • Jul 18New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 15Full year 2023 earnings released: kr8.73 loss per share (vs kr0.25 profit in FY 2022)Full year 2023 results: kr8.73 loss per share (down from kr0.25 profit in FY 2022). Revenue: kr11.8b (down 12% from FY 2022). Net loss: kr1.56b (down kr1.60b from profit in FY 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.공시 • Feb 17Change in the Nomination Committee of BHG GroupJacob Sellman, representing EQT, has left the Nomination Committee. Joakim Gjersøe, representative of Ferd, has been appointed by the nomination committee as its chairman. The nomination committee thus consists of the following members: Joakim Gjersøe (Ferd, chairman), Oscar Severin (Vitruvian) and Christian Bubenheim (in his capacity as chairman of the Board of Directors of BHG).Reported Earnings • Jan 26Full year 2023 earnings released: kr8.73 loss per share (vs kr0.25 profit in FY 2022)Full year 2023 results: kr8.73 loss per share (down from kr0.25 profit in FY 2022). Revenue: kr11.8b (down 12% from FY 2022). Net loss: kr1.56b (down kr1.60b from profit in FY 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.공시 • Dec 14Bhg Group AB (Publ) announces Resignation of Vesa Koskinen as Board of DirectorVesa Koskinen, partner at EQT, has left his position on the Board of Directors of BHG Group with immediate effect, since EQT Public Value Fund has recently sold its entire remaining holding in BHG Group. Election of a possible replacement will take place at the latest at the next Annual General Meeting.Reported Earnings • Oct 28Third quarter 2023 earnings released: kr7.30 loss per share (vs kr0.62 loss in 3Q 2022)Third quarter 2023 results: kr7.30 loss per share (further deteriorated from kr0.62 loss in 3Q 2022). Revenue: kr2.87b (down 7.7% from 3Q 2022). Net loss: kr1.31b (loss widened kr1.22b from 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 5.5% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 30 percentage points per year, which is a significant difference in performance.Buying Opportunity • Oct 28Now 27% undervalued after recent price dropOver the last 90 days, the stock is down 53%. The fair value is estimated to be kr12.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 5.7% in a year. Earnings is forecast to grow by 95% in the next year.공시 • Oct 27+ 2 more updatesBHG Group AB (publ) to Report Q2, 2024 Results on Jul 18, 2024BHG Group AB (publ) announced that they will report Q2, 2024 results on Jul 18, 2024공시 • Oct 26BHG Group AB (publ), Annual General Meeting, May 06, 2024BHG Group AB (publ), Annual General Meeting, May 06, 2024.New Risk • Jul 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding).Reported Earnings • Jul 20Second quarter 2023 earnings released: EPS: kr0.12 (vs kr1.44 in 2Q 2022)Second quarter 2023 results: EPS: kr0.12 (down from kr1.44 in 2Q 2022). Revenue: kr3.48b (down 11% from 2Q 2022). Net income: kr21.8m (down 89% from 2Q 2022). Profit margin: 0.6% (down from 4.9% in 2Q 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 46% per year, which means it has not declined as severely as earnings.공시 • Jun 21BHG Group AB (Publ) Announces Change of Management Changes, Effective 30 June 2023BHG Group AB (Publ) announced that David Olhed will join the Management team as Group Chief Commercial Officer from 30 June 2023. David previously held numerous management positions within the CDON group and comes with a strong track record from execution of online and market place strategies. As part of group re-organisation Sara Sterner will, as mutually agreed, leave BHG and the position as Head of HR, Communications and ESG on 30 June 2023. Martin Leo, Group Chief Technology Officer who is also leading its data and process initiatives, will assume responsibility for ESG and join the Management team. People and Culture development will be transferred to business units.Recent Insider Transactions • Jun 03Director recently bought kr29m worth of stockOn the 31st of May, Mikael Olander bought around 2m shares on-market at roughly kr12.15 per share. This transaction amounted to 44% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr36m more in shares than they have sold in the last 12 months.Recent Insider Transactions • May 08Head of Value Home Segment recently bought kr6.6m worth of stockOn the 5th of May, Christian Eriksson bought around 600k shares on-market at roughly kr10.93 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr7.1m more in shares than they have sold in the last 12 months.공시 • May 05BHG Group AB (publ) Elects Mikael Olander and Negin Yeganegy to Its Board of DirectorsBHG Group AB (publ) at its annual general meeting held on 3 May 2023, elected Mikael Olander and Negin Yeganegy to its board of directors.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to kr10.02, the stock trades at a trailing P/E ratio of 52.7x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total loss to shareholders of 85% over the past three years.Reported Earnings • Apr 13Full year 2022 earnings released: EPS: kr0.25 (vs kr3.97 in FY 2021)Full year 2022 results: EPS: kr0.25 (down from kr3.97 in FY 2021). Revenue: kr13.4b (up 6.1% from FY 2021). Net income: kr34.1m (down 93% from FY 2021). Profit margin: 0.3% (down from 3.8% in FY 2021). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 21Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to kr10.28, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total loss to shareholders of 86% over the past year.Reported Earnings • Jan 30Full year 2022 earnings released: EPS: kr0.25 (vs kr3.97 in FY 2021)Full year 2022 results: EPS: kr0.25 (down from kr3.97 in FY 2021). Revenue: kr13.4b (up 6.1% from FY 2021). Net income: kr34.1m (down 93% from FY 2021). Profit margin: 0.3% (down from 3.8% in FY 2021). Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the Online Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to kr15.40, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Online Retail industry in Europe. Total loss to shareholders of 76% over the past three years.Board Change • Jan 19Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Chairman Christian Bubenheim is the most experienced director on the board, commencing their role in 2020. Independent Director Joanna Hummel was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.공시 • Jan 14BHG Group AB (publ) Approves Changes to its Board of DirectorsBHG Group AB (publ) at its extraordinary general meeting held on 13 January 2023 resolved that the board of directors shall consist of five members with no deputies. Kristian Eikre and Vesa Koskinen were appointed new members of the board of directors, whereby Vesa Koskinen replaces current board member Niklas Ringby.공시 • Jan 13BHG Group AB (Publ) Appoints Sara Sterner as Head of HR, Communications and ESGBHG Group AB (publ) (”BHG”) announces that Sara Sterner will assume the position as Head of HR, Communications and ESG. Sara Sterner will be part of BHG’s management team and joins 12 January. Sara Sterner most recently came from the role of CEO at PåHoj AB and holds a number of Board of Directorships. Sara war earlier responsible for communications, PR, HR and strategy and finance at Orbital Systems, and was the Co-founder of Agentum, focusing on the recruitment of strategically important roles. Sara has experience from both operational and strategic roles, with a solid foundation in HR, communications and sustainability. Sara Sterner takes over from Maria Morin who left BHG at year-end for another position outside of BHG.Valuation Update With 7 Day Price Move • Dec 22Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to kr16.30, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Online Retail industry in Europe. Total loss to shareholders of 70% over the past three years.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to kr20.10, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Online Retail industry in Europe. Total loss to shareholders of 58% over the past three years.Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Niklas Ringby is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to kr19.41, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Online Retail industry in Europe. Total loss to shareholders of 81% over the past year.Reported Earnings • Oct 27Third quarter 2022 earnings released: kr0.62 loss per share (vs kr0.50 profit in 3Q 2021)Third quarter 2022 results: kr0.62 loss per share (down from kr0.50 profit in 3Q 2021). Revenue: kr3.11b (up 1.6% from 3Q 2021). Net loss: kr87.1m (down 243% from profit in 3Q 2021). Revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Online Retail industry in the United Kingdom are expected to grow by 11%.공시 • Oct 15+ 3 more updatesBHG Group AB (publ) to Report Fiscal Year 2023 Results on Jan 26, 2024BHG Group AB (publ) announced that they will report fiscal year 2023 results on Jan 26, 2024Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr15.50, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 16x in the Online Retail industry in Europe. Total loss to shareholders of 88% over the past year.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to kr13.46, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 15x in the Online Retail industry in Europe. Total loss to shareholders of 89% over the past year.Valuation Update With 7 Day Price Move • Sep 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to kr20.60, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the Online Retail industry in Europe. Total loss to shareholders of 87% over the past year.Valuation Update With 7 Day Price Move • Aug 18Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to kr28.48, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 24x in the Online Retail industry in the United Kingdom. Total loss to shareholders of 78% over the past year.Reported Earnings • Jul 21Second quarter 2022 earnings released: EPS: kr1.44 (vs kr1.63 in 2Q 2021)Second quarter 2022 results: EPS: kr1.44 (down from kr1.63 in 2Q 2021). Revenue: kr3.91b (up 10% from 2Q 2021). Net income: kr191.0m (down 2.9% from 2Q 2021). Profit margin: 4.9% (down from 5.5% in 2Q 2021). Over the next year, revenue is forecast to grow 1.2%, compared to a 18% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Jun 30BHG Group AB (publ) to Report Fiscal Year 2022 Results on Jan 27, 2023BHG Group AB (publ) announced that they will report fiscal year 2022 results on Jan 27, 2023Valuation Update With 7 Day Price Move • Jun 09Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to kr38.82, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 18x in the Online Retail industry in Europe. Total returns to shareholders of 4.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr65.53 per share.Board Change • Jun 02High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Niklas Ringby is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Valuation Update With 7 Day Price Move • May 24Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to kr49.54, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Online Retail industry in Europe. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr74.82 per share.Buying Opportunity • May 06Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 34%. The fair value is estimated to be kr78.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 26% in 2 years. Earnings is forecast to grow by 43% in the next 2 years.Reported Earnings • Apr 27Full year 2021 earnings released: EPS: kr3.97 (vs kr3.87 in FY 2020)Full year 2021 results: EPS: kr3.97 (up from kr3.87 in FY 2020). Revenue: kr12.7b (up 41% from FY 2020). Net income: kr480.9m (up 16% from FY 2020). Profit margin: 3.8% (down from 4.6% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 15%, compared to a 24% growth forecast for the retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Johan Gileus is the most experienced director on the board, commencing their role in 2019. Independent Director Niklas Ringby was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr65.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Online Retail industry in Europe. Total returns to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr95.15 per share.Reported Earnings • Apr 09Full year 2021 earnings released: EPS: kr3.97 (vs kr3.87 in FY 2020)Full year 2021 results: EPS: kr3.97 (up from kr3.87 in FY 2020). Revenue: kr12.7b (up 41% from FY 2020). Net income: kr480.9m (up 16% from FY 2020). Profit margin: 3.8% (down from 4.6% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 17%, compared to a 24% growth forecast for the retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Mar 07Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be kr104, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% per annum over the last 3 years. Earnings per share has grown by 60% per annum over the last 3 years.Valuation Update With 7 Day Price Move • Feb 23Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to kr75.85, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 26x in the Online Retail industry in the United Kingdom. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr108 per share.Buying Opportunity • Feb 11Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.4%. The fair value is estimated to be kr120, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% per annum over the last 3 years. Earnings per share has grown by 60% per annum over the last 3 years.Reported Earnings • Jan 30Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: kr4.01 (up from kr3.87 in FY 2020). Revenue: kr12.7b (up 41% from FY 2020). Net income: kr485.3m (up 17% from FY 2020). Profit margin: 3.8% (down from 4.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.3%. Over the next year, revenue is forecast to grow 13%, compared to a 24% growth forecast for the retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Jan 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 34%. The fair value is estimated to be kr107, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% per annum over the last 3 years. The company has become profitable over the last 3 years.Reported Earnings • Oct 29Third quarter 2021 earnings released: EPS kr0.50 (vs kr1.24 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: kr3.06b (up 34% from 3Q 2020). Net income: kr61.0m (down 54% from 3Q 2020). Profit margin: 2.0% (down from 5.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to kr99.70, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Online Retail industry in the United Kingdom. Total returns to shareholders of 214% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr67.42 per share.Reported Earnings • Jul 23Second quarter 2021 earnings released: EPS kr1.63 (vs kr1.34 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr3.55b (up 32% from 2Q 2020). Net income: kr196.7m (up 36% from 2Q 2020). Profit margin: 5.5% (up from 5.4% in 2Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • Apr 30First quarter 2021 earnings released: EPS kr0.97 (vs kr0.43 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr2.57b (up 58% from 1Q 2020). Net income: kr112.8m (up 142% from 1Q 2020). Profit margin: 4.4% (up from 2.9% in 1Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • Apr 09Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: kr8.97b (up 44% from FY 2019). Net income: kr415.1m (up 136% from FY 2019). Profit margin: 4.6% (up from 2.8% in FY 2019). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improved over the past weekAfter last week's 15% share price gain to kr148, the stock is trading at a trailing P/E ratio of 37.8x, up from the previous P/E ratio of 32.7x. This compares to an average P/E of 34x in the Online Retail industry in the United Kingdom.Is New 90 Day High Low • Feb 19New 90-day low: kr138The company is down 6.0% from its price of kr147 on 20 November 2020. The British market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr113 per share.Recent Insider Transactions • Feb 17Group Chief Financial Officer recently sold kr9.0m worth of stockOn the 15th of February, Jesper Flemme sold around 62k shares on-market at roughly kr145 per share. This was the largest sale by an insider in the last 3 months. This was Jesper's only on-market trade for the last 12 months.Reported Earnings • Feb 01Full year 2020 earnings released: EPS kr3.87 (vs kr1.64 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: kr8.97b (up 44% from FY 2019). Net income: kr415.1m (up 136% from FY 2019). Profit margin: 4.6% (up from 2.8% in FY 2019). The increase in margin was driven by higher revenue.Analyst Estimate Surprise Post Earnings • Feb 01Revenue beats expectationsRevenue exceeded analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 15%, compared to a 29% growth forecast for the Online Retail industry in the United Kingdom.Is New 90 Day High Low • Jan 08New 90-day high: kr184The company is up 46% from its price of kr126 on 06 October 2020. The British market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr64.51 per share.Is New 90 Day High Low • Dec 18New 90-day high: kr165The company is up 47% from its price of kr112 on 16 September 2020. The British market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr84.64 per share.이익 및 매출 성장 예측LSE:0SOM - 애널리스트 향후 추정치 및 과거 재무 데이터 (SEK Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202812,598364491733312/31/202711,870290478672312/31/202611,13019838857933/31/202610,626109595736N/A12/31/202510,583145542683N/A9/30/202510,429-337515649N/A6/30/202510,186-415567700N/A3/31/202510,157-592531665N/A12/31/20249,963-679524657N/A9/30/20249,908-396484669N/A6/30/202410,415-1,638605790N/A3/31/202411,181-1,5141,0811,229N/A12/31/202311,790-1,5651,3651,550N/A9/30/202312,269-1,5841,0701,269N/A6/30/202312,514-363714912N/A3/31/202312,941-194-252-16N/A12/31/202213,43434-304-106N/A9/30/202213,613324-617-424N/A6/30/202213,567472-716-523N/A3/31/202213,209478-218-25N/A12/31/202112,666481-220-28N/A9/30/202111,534462350444N/A6/30/202110,763534603697N/A3/31/20219,908481872966N/A12/31/20208,968415900994N/A9/30/20208,258387728826N/A6/30/20207,607293811862N/A3/31/20206,621202420518N/A12/31/20196,212176N/A422N/A9/30/20195,848116N/A393N/A6/30/20195,460101N/A289N/A3/31/20195,16980N/A191N/A12/31/20184,9744N/A121N/A9/30/20184,774-212N/A123N/A6/30/20184,649-219N/A181N/A3/31/20184,311-228N/A150N/A12/31/20173,956-176N/A141N/A12/31/20162,60257N/A112N/A12/31/20151,89527N/A104N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 0SOM 의 연간 예상 수익 증가율(38.2%)이 saving rate(3.4%)보다 높습니다.수익 vs 시장: 0SOM 의 연간 수익(38.2%)이 UK 시장(11.4%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 0SOM 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 0SOM 의 수익(연간 6.2%)이 UK 시장(연간 4.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 0SOM 의 수익(연간 6.2%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 0SOM의 자본 수익률은 3년 후 5.3%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YRetail 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/08 03:22종가2026/07/08 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스BHG Group AB (publ)는 5명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullABG Sundal CollierFredrik IvarssonABG Sundal Collier SponsoredErik MobergBerenberg2명의 분석가 더 보기
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to kr20.22, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 11x in the Specialty Retail industry in the United Kingdom. Total returns to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr40.17 per share.
Recent Insider Transactions • May 21Head of Value Home Segment recently bought kr239k worth of stockOn the 19th of May, Johan Engström bought around 10k shares on-market at roughly kr23.90 per share. This transaction amounted to 35% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr249k. Insiders have collectively bought kr1.1m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • Apr 26Insider recently bought kr249k worth of stockOn the 23rd of April, Mikael Hagman bought around 10k shares on-market at roughly kr24.88 per share. This transaction amounted to 33% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr968k more in shares than they have sold in the last 12 months.
Reported Earnings • Apr 16Full year 2025 earnings released: EPS: kr0.81 (vs kr3.79 loss in FY 2024)Full year 2025 results: EPS: kr0.81 (up from kr3.79 loss in FY 2024). Revenue: kr10.6b (up 6.2% from FY 2024). Net income: kr145.3m (up kr824.1m from FY 2024). Profit margin: 1.4% (up from net loss in FY 2024). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
Recent Insider Transactions • Apr 07Insider recently bought kr109k worth of stockOn the 1st of April, Mikael Hagman bought around 5k shares on-market at roughly kr24.16 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr518k more in shares than they have sold in the last 12 months.
Reported Earnings • Jan 28Full year 2025 earnings released: EPS: kr0.81 (vs kr3.79 loss in FY 2024)Full year 2025 results: EPS: kr0.81 (up from kr3.79 loss in FY 2024). Revenue: kr10.6b (up 6.2% from FY 2024). Net income: kr145.3m (up kr824.1m from FY 2024). Profit margin: 1.4% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Jan 28Now 20% undervaluedOver the last 90 days, the stock has risen 3.2% to kr30.32. The fair value is estimated to be kr37.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.8% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.3% per annum. Earnings are also forecast to grow by 29% per annum over the same time period.
New Risk • Jan 27New major risk - Revenue and earnings growthEarnings have declined by 54% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Oct 26Third quarter 2025 earnings released: EPS: kr0.062 (vs kr0.37 loss in 3Q 2024)Third quarter 2025 results: EPS: kr0.062 (up from kr0.37 loss in 3Q 2024). Revenue: kr2.60b (up 10% from 3Q 2024). Net income: kr11.2m (up kr78.0m from 3Q 2024). Profit margin: 0.4% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
공시 • Oct 01BHG Group AB (publ) to Report Q1, 2026 Results on Apr 23, 2026BHG Group AB (publ) announced that they will report Q1, 2026 results on Apr 23, 2026
공시 • Sep 26BHG Group AB (publ), Annual General Meeting, May 05, 2026BHG Group AB (publ), Annual General Meeting, May 05, 2026.
공시 • Sep 25+ 3 more updatesBHG Group AB (publ) to Report Nine Months, 2026 Results on Oct 23, 2026BHG Group AB (publ) announced that they will report nine months, 2026 results on Oct 23, 2026
Reported Earnings • Jul 19Second quarter 2025 earnings released: EPS: kr0.42 (vs kr0.57 loss in 2Q 2024)Second quarter 2025 results: EPS: kr0.42 (up from kr0.57 loss in 2Q 2024). Revenue: kr2.78b (up 2.4% from 2Q 2024). Net income: kr75.6m (up kr177.9m from 2Q 2024). Profit margin: 2.7% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Recent Insider Transactions • May 18Head of Value Home Segment recently bought kr67k worth of stockOn the 15th of May, Johan Engström bought around 3k shares on-market at roughly kr26.66 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth kr125k. Insiders have collectively bought kr1.4m more in shares than they have sold in the last 12 months.
Reported Earnings • Apr 27First quarter 2025 earnings released: EPS: kr0.10 (vs kr0.38 loss in 1Q 2024)First quarter 2025 results: EPS: kr0.10 (up from kr0.38 loss in 1Q 2024). Revenue: kr2.25b (up 11% from 1Q 2024). Net income: kr18.9m (up kr86.5m from 1Q 2024). Profit margin: 0.8% (up from net loss in 1Q 2024). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.
Recent Insider Transactions • Apr 27Insider recently bought kr125k worth of stockOn the 25th of April, Mikael Hagman bought around 6k shares on-market at roughly kr22.72 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr1.3m more in shares than they have sold in the last 12 months.
공시 • Apr 03The CEO, Gustaf Öhrn and Chief Digital Officer of IP-Agency Finland Oy completed the acquisition of 70% stake in IP-Agency Finland Oy from BHG Group AB (publ) (OM:BHG) in a management buyout transaction.The CEO, Gustaf Öhrn and Chief Digital Officer of IP-Agency Finland Oy entered into an agreement to acquire remaining 70% stake in IP-Agency Finland Oy from BHG Group AB (publ) (OM:BHG) in a management buyout transaction for SEK 58 million on November 22, 2024. A cash consideration of SEK 58 million will be paid by the buyer. As part of consideration, SEK 58 million is paid towards common equity of IP-Agency Finland Oy. For the period ending September 30, 2024, IP-Agency Finland Oy reported total revenue of SEK 307 million and EBIT of SEK 15 million. The transaction is subject to approval of offer by the shareholders of BHG Group AB. The shareholders of BHG Group AB (publ) are summoned to an extraordinary general meeting, to be held on Wednesday, 18 December 2024. As Of December 18, 2024 The general meeting resolved, in accordance with the board of directors’ proposal, to approve the transfer of 100 percent of the shares in IP-Agency Finland from BHG. The CEO, Gustaf Öhrn and Chief Digital Officer of IP-Agency Finland Oy completed the acquisition of 70% stake in IP-Agency Finland Oy from BHG Group AB (publ) (OM:BHG) in a management buyout transaction on April 1, 2025.
Reported Earnings • Jan 30Full year 2024 earnings released: kr3.79 loss per share (vs kr8.73 loss in FY 2023)Full year 2024 results: kr3.79 loss per share (improved from kr8.73 loss in FY 2023). Revenue: kr9.96b (down 16% from FY 2023). Net loss: kr678.8m (loss narrowed 57% from FY 2023). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
공시 • Jan 13BHG Group AB (publ) Announces Management ChangesBHG Group AB (publ) (BHG) informed that Johan Engström has been appointed Head of the Value Home business area and as of date is part of BHG's management team. Johan Engström comes most recently from the role of CEO at Lekia and has previously, among other things, been CEO of the outdoor furniture company Brafab and Managing Director of Brio toys. Johan Engström succeeds Christian Eriksson who has left BHG after having worked within the group since 2013 in roles as CEO of Home Furnishing Nordic AB and most recently as Head of Value Home.
Recent Insider Transactions • Nov 28Group CTO & Head of Sustainability recently bought kr1.0m worth of stockOn the 26th of November, Martin Leo bought around 60k shares on-market at roughly kr16.85 per share. This transaction increased Martin's direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • Oct 25Third quarter 2024 earnings released: kr0.37 loss per share (vs kr7.30 loss in 3Q 2023)Third quarter 2024 results: kr0.37 loss per share (improved from kr7.30 loss in 3Q 2023). Revenue: kr2.36b (down 18% from 3Q 2023). Net loss: kr67.2m (loss narrowed 95% from 3Q 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
공시 • Oct 02+ 1 more updateBHG Group AB (publ), Annual General Meeting, May 06, 2025BHG Group AB (publ), Annual General Meeting, May 06, 2025.
공시 • Aug 28BHG Group AB (publ) to Report Fiscal Year 2024 Results on Jan 29, 2025BHG Group AB (publ) announced that they will report fiscal year 2024 results on Jan 29, 2025
공시 • Aug 27+ 3 more updatesBHG Group AB (publ) to Report Nine Months, 2025 Results on Oct 24, 2025BHG Group AB (publ) announced that they will report nine months, 2025 results on Oct 24, 2025
Reported Earnings • Jul 19Second quarter 2024 earnings released: kr0.57 loss per share (vs kr0.12 profit in 2Q 2023)Second quarter 2024 results: kr0.57 loss per share (down from kr0.12 profit in 2Q 2023). Revenue: kr2.72b (down 22% from 2Q 2023). Net loss: kr102.3m (down kr124.1m from profit in 2Q 2023). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
New Risk • Jul 18New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 15Full year 2023 earnings released: kr8.73 loss per share (vs kr0.25 profit in FY 2022)Full year 2023 results: kr8.73 loss per share (down from kr0.25 profit in FY 2022). Revenue: kr11.8b (down 12% from FY 2022). Net loss: kr1.56b (down kr1.60b from profit in FY 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
공시 • Feb 17Change in the Nomination Committee of BHG GroupJacob Sellman, representing EQT, has left the Nomination Committee. Joakim Gjersøe, representative of Ferd, has been appointed by the nomination committee as its chairman. The nomination committee thus consists of the following members: Joakim Gjersøe (Ferd, chairman), Oscar Severin (Vitruvian) and Christian Bubenheim (in his capacity as chairman of the Board of Directors of BHG).
Reported Earnings • Jan 26Full year 2023 earnings released: kr8.73 loss per share (vs kr0.25 profit in FY 2022)Full year 2023 results: kr8.73 loss per share (down from kr0.25 profit in FY 2022). Revenue: kr11.8b (down 12% from FY 2022). Net loss: kr1.56b (down kr1.60b from profit in FY 2022). Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.
공시 • Dec 14Bhg Group AB (Publ) announces Resignation of Vesa Koskinen as Board of DirectorVesa Koskinen, partner at EQT, has left his position on the Board of Directors of BHG Group with immediate effect, since EQT Public Value Fund has recently sold its entire remaining holding in BHG Group. Election of a possible replacement will take place at the latest at the next Annual General Meeting.
Reported Earnings • Oct 28Third quarter 2023 earnings released: kr7.30 loss per share (vs kr0.62 loss in 3Q 2022)Third quarter 2023 results: kr7.30 loss per share (further deteriorated from kr0.62 loss in 3Q 2022). Revenue: kr2.87b (down 7.7% from 3Q 2022). Net loss: kr1.31b (loss widened kr1.22b from 3Q 2022). Revenue is forecast to stay flat during the next 3 years compared to a 5.5% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 30 percentage points per year, which is a significant difference in performance.
Buying Opportunity • Oct 28Now 27% undervalued after recent price dropOver the last 90 days, the stock is down 53%. The fair value is estimated to be kr12.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company became loss making. Revenue is forecast to decline by 5.7% in a year. Earnings is forecast to grow by 95% in the next year.
공시 • Oct 27+ 2 more updatesBHG Group AB (publ) to Report Q2, 2024 Results on Jul 18, 2024BHG Group AB (publ) announced that they will report Q2, 2024 results on Jul 18, 2024
공시 • Oct 26BHG Group AB (publ), Annual General Meeting, May 06, 2024BHG Group AB (publ), Annual General Meeting, May 06, 2024.
New Risk • Jul 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of British stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding).
Reported Earnings • Jul 20Second quarter 2023 earnings released: EPS: kr0.12 (vs kr1.44 in 2Q 2022)Second quarter 2023 results: EPS: kr0.12 (down from kr1.44 in 2Q 2022). Revenue: kr3.48b (down 11% from 2Q 2022). Net income: kr21.8m (down 89% from 2Q 2022). Profit margin: 0.6% (down from 4.9% in 2Q 2022). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 46% per year, which means it has not declined as severely as earnings.
공시 • Jun 21BHG Group AB (Publ) Announces Change of Management Changes, Effective 30 June 2023BHG Group AB (Publ) announced that David Olhed will join the Management team as Group Chief Commercial Officer from 30 June 2023. David previously held numerous management positions within the CDON group and comes with a strong track record from execution of online and market place strategies. As part of group re-organisation Sara Sterner will, as mutually agreed, leave BHG and the position as Head of HR, Communications and ESG on 30 June 2023. Martin Leo, Group Chief Technology Officer who is also leading its data and process initiatives, will assume responsibility for ESG and join the Management team. People and Culture development will be transferred to business units.
Recent Insider Transactions • Jun 03Director recently bought kr29m worth of stockOn the 31st of May, Mikael Olander bought around 2m shares on-market at roughly kr12.15 per share. This transaction amounted to 44% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr36m more in shares than they have sold in the last 12 months.
Recent Insider Transactions • May 08Head of Value Home Segment recently bought kr6.6m worth of stockOn the 5th of May, Christian Eriksson bought around 600k shares on-market at roughly kr10.93 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought kr7.1m more in shares than they have sold in the last 12 months.
공시 • May 05BHG Group AB (publ) Elects Mikael Olander and Negin Yeganegy to Its Board of DirectorsBHG Group AB (publ) at its annual general meeting held on 3 May 2023, elected Mikael Olander and Negin Yeganegy to its board of directors.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to kr10.02, the stock trades at a trailing P/E ratio of 52.7x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total loss to shareholders of 85% over the past three years.
Reported Earnings • Apr 13Full year 2022 earnings released: EPS: kr0.25 (vs kr3.97 in FY 2021)Full year 2022 results: EPS: kr0.25 (down from kr3.97 in FY 2021). Revenue: kr13.4b (up 6.1% from FY 2021). Net income: kr34.1m (down 93% from FY 2021). Profit margin: 0.3% (down from 3.8% in FY 2021). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Specialty Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 50% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 21Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to kr10.28, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 12x in the Specialty Retail industry in the United Kingdom. Total loss to shareholders of 86% over the past year.
Reported Earnings • Jan 30Full year 2022 earnings released: EPS: kr0.25 (vs kr3.97 in FY 2021)Full year 2022 results: EPS: kr0.25 (down from kr3.97 in FY 2021). Revenue: kr13.4b (up 6.1% from FY 2021). Net income: kr34.1m (down 93% from FY 2021). Profit margin: 0.3% (down from 3.8% in FY 2021). Revenue is forecast to grow 1.5% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the Online Retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jan 27Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to kr15.40, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Online Retail industry in Europe. Total loss to shareholders of 76% over the past three years.
Board Change • Jan 19Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Chairman Christian Bubenheim is the most experienced director on the board, commencing their role in 2020. Independent Director Joanna Hummel was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
공시 • Jan 14BHG Group AB (publ) Approves Changes to its Board of DirectorsBHG Group AB (publ) at its extraordinary general meeting held on 13 January 2023 resolved that the board of directors shall consist of five members with no deputies. Kristian Eikre and Vesa Koskinen were appointed new members of the board of directors, whereby Vesa Koskinen replaces current board member Niklas Ringby.
공시 • Jan 13BHG Group AB (Publ) Appoints Sara Sterner as Head of HR, Communications and ESGBHG Group AB (publ) (”BHG”) announces that Sara Sterner will assume the position as Head of HR, Communications and ESG. Sara Sterner will be part of BHG’s management team and joins 12 January. Sara Sterner most recently came from the role of CEO at PåHoj AB and holds a number of Board of Directorships. Sara war earlier responsible for communications, PR, HR and strategy and finance at Orbital Systems, and was the Co-founder of Agentum, focusing on the recruitment of strategically important roles. Sara has experience from both operational and strategic roles, with a solid foundation in HR, communications and sustainability. Sara Sterner takes over from Maria Morin who left BHG at year-end for another position outside of BHG.
Valuation Update With 7 Day Price Move • Dec 22Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to kr16.30, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the Online Retail industry in Europe. Total loss to shareholders of 70% over the past three years.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to kr20.10, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 17x in the Online Retail industry in Europe. Total loss to shareholders of 58% over the past three years.
Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Niklas Ringby is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 15% share price gain to kr19.41, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Online Retail industry in Europe. Total loss to shareholders of 81% over the past year.
Reported Earnings • Oct 27Third quarter 2022 earnings released: kr0.62 loss per share (vs kr0.50 profit in 3Q 2021)Third quarter 2022 results: kr0.62 loss per share (down from kr0.50 profit in 3Q 2021). Revenue: kr3.11b (up 1.6% from 3Q 2021). Net loss: kr87.1m (down 243% from profit in 3Q 2021). Revenue is expected to decline by 1.9% p.a. on average during the next 3 years, while revenues in the Online Retail industry in the United Kingdom are expected to grow by 11%.
공시 • Oct 15+ 3 more updatesBHG Group AB (publ) to Report Fiscal Year 2023 Results on Jan 26, 2024BHG Group AB (publ) announced that they will report fiscal year 2023 results on Jan 26, 2024
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr15.50, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 16x in the Online Retail industry in Europe. Total loss to shareholders of 88% over the past year.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to kr13.46, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 15x in the Online Retail industry in Europe. Total loss to shareholders of 89% over the past year.
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to kr20.60, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the Online Retail industry in Europe. Total loss to shareholders of 87% over the past year.
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to kr28.48, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 24x in the Online Retail industry in the United Kingdom. Total loss to shareholders of 78% over the past year.
Reported Earnings • Jul 21Second quarter 2022 earnings released: EPS: kr1.44 (vs kr1.63 in 2Q 2021)Second quarter 2022 results: EPS: kr1.44 (down from kr1.63 in 2Q 2021). Revenue: kr3.91b (up 10% from 2Q 2021). Net income: kr191.0m (down 2.9% from 2Q 2021). Profit margin: 4.9% (down from 5.5% in 2Q 2021). Over the next year, revenue is forecast to grow 1.2%, compared to a 18% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Jun 30BHG Group AB (publ) to Report Fiscal Year 2022 Results on Jan 27, 2023BHG Group AB (publ) announced that they will report fiscal year 2022 results on Jan 27, 2023
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to kr38.82, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 18x in the Online Retail industry in Europe. Total returns to shareholders of 4.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr65.53 per share.
Board Change • Jun 02High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. Independent Director Niklas Ringby is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Valuation Update With 7 Day Price Move • May 24Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to kr49.54, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 17x in the Online Retail industry in Europe. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr74.82 per share.
Buying Opportunity • May 06Now 25% undervalued after recent price dropOver the last 90 days, the stock is down 34%. The fair value is estimated to be kr78.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 26% in 2 years. Earnings is forecast to grow by 43% in the next 2 years.
Reported Earnings • Apr 27Full year 2021 earnings released: EPS: kr3.97 (vs kr3.87 in FY 2020)Full year 2021 results: EPS: kr3.97 (up from kr3.87 in FY 2020). Revenue: kr12.7b (up 41% from FY 2020). Net income: kr480.9m (up 16% from FY 2020). Profit margin: 3.8% (down from 4.6% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 15%, compared to a 24% growth forecast for the retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. No experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Johan Gileus is the most experienced director on the board, commencing their role in 2019. Independent Director Niklas Ringby was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improved over the past weekAfter last week's 16% share price gain to kr65.10, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 19x in the Online Retail industry in Europe. Total returns to shareholders of 60% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr95.15 per share.
Reported Earnings • Apr 09Full year 2021 earnings released: EPS: kr3.97 (vs kr3.87 in FY 2020)Full year 2021 results: EPS: kr3.97 (up from kr3.87 in FY 2020). Revenue: kr12.7b (up 41% from FY 2020). Net income: kr480.9m (up 16% from FY 2020). Profit margin: 3.8% (down from 4.6% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 17%, compared to a 24% growth forecast for the retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Mar 07Now 26% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be kr104, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% per annum over the last 3 years. Earnings per share has grown by 60% per annum over the last 3 years.
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to kr75.85, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 26x in the Online Retail industry in the United Kingdom. Total returns to shareholders of 111% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr108 per share.
Buying Opportunity • Feb 11Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 7.4%. The fair value is estimated to be kr120, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% per annum over the last 3 years. Earnings per share has grown by 60% per annum over the last 3 years.
Reported Earnings • Jan 30Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: kr4.01 (up from kr3.87 in FY 2020). Revenue: kr12.7b (up 41% from FY 2020). Net income: kr485.3m (up 17% from FY 2020). Profit margin: 3.8% (down from 4.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.3%. Over the next year, revenue is forecast to grow 13%, compared to a 24% growth forecast for the retail industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Jan 18Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 34%. The fair value is estimated to be kr107, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% per annum over the last 3 years. The company has become profitable over the last 3 years.
Reported Earnings • Oct 29Third quarter 2021 earnings released: EPS kr0.50 (vs kr1.24 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: kr3.06b (up 34% from 3Q 2020). Net income: kr61.0m (down 54% from 3Q 2020). Profit margin: 2.0% (down from 5.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 28Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to kr99.70, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 19x in the Online Retail industry in the United Kingdom. Total returns to shareholders of 214% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at kr67.42 per share.
Reported Earnings • Jul 23Second quarter 2021 earnings released: EPS kr1.63 (vs kr1.34 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: kr3.55b (up 32% from 2Q 2020). Net income: kr196.7m (up 36% from 2Q 2020). Profit margin: 5.5% (up from 5.4% in 2Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Apr 30First quarter 2021 earnings released: EPS kr0.97 (vs kr0.43 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: kr2.57b (up 58% from 1Q 2020). Net income: kr112.8m (up 142% from 1Q 2020). Profit margin: 4.4% (up from 2.9% in 1Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Apr 09Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: kr8.97b (up 44% from FY 2019). Net income: kr415.1m (up 136% from FY 2019). Profit margin: 4.6% (up from 2.8% in FY 2019). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improved over the past weekAfter last week's 15% share price gain to kr148, the stock is trading at a trailing P/E ratio of 37.8x, up from the previous P/E ratio of 32.7x. This compares to an average P/E of 34x in the Online Retail industry in the United Kingdom.
Is New 90 Day High Low • Feb 19New 90-day low: kr138The company is down 6.0% from its price of kr147 on 20 November 2020. The British market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Online Retail industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr113 per share.
Recent Insider Transactions • Feb 17Group Chief Financial Officer recently sold kr9.0m worth of stockOn the 15th of February, Jesper Flemme sold around 62k shares on-market at roughly kr145 per share. This was the largest sale by an insider in the last 3 months. This was Jesper's only on-market trade for the last 12 months.
Reported Earnings • Feb 01Full year 2020 earnings released: EPS kr3.87 (vs kr1.64 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: kr8.97b (up 44% from FY 2019). Net income: kr415.1m (up 136% from FY 2019). Profit margin: 4.6% (up from 2.8% in FY 2019). The increase in margin was driven by higher revenue.
Analyst Estimate Surprise Post Earnings • Feb 01Revenue beats expectationsRevenue exceeded analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 15%, compared to a 29% growth forecast for the Online Retail industry in the United Kingdom.
Is New 90 Day High Low • Jan 08New 90-day high: kr184The company is up 46% from its price of kr126 on 06 October 2020. The British market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr64.51 per share.
Is New 90 Day High Low • Dec 18New 90-day high: kr165The company is up 47% from its price of kr112 on 16 September 2020. The British market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Online Retail industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is kr84.64 per share.