Beijer Ref AB (publ)

BATS-CHIXE:BEIJBs Stock Report

Market Cap: SEK 84.0b

Beijer Ref Valuation

Is BEIJBs undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BEIJBs when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
SEK 114.56
Fair Value
44.6% overvalued intrinsic discount
9
Number of Analysts

Below Fair Value: BEIJBs (SEK165.65) is trading above our estimate of fair value (SEK114.56)

Significantly Below Fair Value: BEIJBs is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BEIJBs?

Key metric: As BEIJBs is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BEIJBs. This is calculated by dividing BEIJBs's market cap by their current earnings.
What is BEIJBs's PE Ratio?
PE Ratio33x
EarningsSEK 2.54b
Market CapSEK 84.02b

Price to Earnings Ratio vs Peers

How does BEIJBs's PE Ratio compare to its peers?

The above table shows the PE ratio for BEIJBs vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26.6x
DPLM Diploma
47.2x14.9%UK£6.1b
HWDN Howden Joinery Group
17.6x5.8%UK£4.5b
BNZL Bunzl
23.2x6.5%UK£11.3b
RS1 RS Group
18.2x14.0%UK£3.1b
BEIJBs Beijer Ref
33x12.1%SEK 84.0b

Price-To-Earnings vs Peers: BEIJBs is expensive based on its Price-To-Earnings Ratio (33x) compared to the peer average (26.6x).

Price to Earnings Ratio vs Industry

How does BEIJBs's PE Ratio compare vs other companies in the European Trade Distributors Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies10PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BEIJBs is expensive based on its Price-To-Earnings Ratio (33x) compared to the European Trade Distributors industry average (14.3x).

Price to Earnings Ratio vs Fair Ratio

What is BEIJBs's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BEIJBs PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio33x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BEIJBs's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BEIJBs forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
SEK 191.00
0%
5.2%SEK 205.00SEK 174.00n/a9
Jan ’26n/a
SEK 190.11
0%
6.1%SEK 205.00SEK 172.00n/a9
Dec ’25n/a
SEK 193.14
0%
6.4%SEK 210.00SEK 172.00n/a7
Nov ’25SEK 158.50
SEK 193.14
+21.9%
6.4%SEK 210.00SEK 172.00n/a7
Oct ’25SEK 159.70
SEK 193.57
+21.2%
6.0%SEK 210.00SEK 175.00n/a7
Sep ’25SEK 177.15
SEK 191.67
+8.2%
5.8%SEK 205.00SEK 175.00n/a6
Aug ’25n/a
SEK 190.00
0%
6.0%SEK 205.00SEK 175.00n/a5
Jul ’25n/a
SEK 179.00
0%
7.4%SEK 203.00SEK 166.00n/a6
Jun ’25n/a
SEK 171.83
0%
11.8%SEK 203.00SEK 142.00n/a6
May ’25n/a
SEK 171.83
0%
11.8%SEK 203.00SEK 142.00n/a6
Apr ’25n/a
SEK 162.60
0%
13.0%SEK 199.00SEK 142.00n/a5
Mar ’25n/a
SEK 162.60
0%
13.0%SEK 199.00SEK 142.00n/a5
Feb ’25n/a
SEK 158.20
0%
16.8%SEK 199.00SEK 120.00n/a5
Jan ’25n/a
SEK 149.20
0%
21.5%SEK 199.00SEK 112.00n/a5
Dec ’24n/a
SEK 149.20
0%
21.5%SEK 199.00SEK 112.00n/a5
Nov ’24n/a
SEK 155.20
0%
18.5%SEK 199.00SEK 112.00SEK 158.505
Oct ’24SEK 116.55
SEK 169.80
+45.7%
15.7%SEK 219.00SEK 145.00SEK 159.705
Sep ’24n/a
SEK 169.80
0%
15.7%SEK 219.00SEK 145.00SEK 177.155
Aug ’24SEK 141.70
SEK 169.80
+19.8%
15.7%SEK 219.00SEK 145.00n/a5
Jul ’24SEK 137.70
SEK 187.67
+36.3%
8.4%SEK 210.00SEK 175.00n/a3
Jun ’24SEK 157.80
SEK 187.67
+18.9%
8.4%SEK 210.00SEK 175.00n/a3
May ’24SEK 167.15
SEK 186.00
+11.3%
9.3%SEK 210.00SEK 170.00n/a3
Apr ’24SEK 177.90
SEK 183.00
+2.9%
8.2%SEK 204.00SEK 170.00n/a3
Mar ’24n/a
SEK 172.50
0%
1.4%SEK 175.00SEK 170.00n/a2
Feb ’24SEK 166.20
SEK 167.50
+0.8%
4.5%SEK 175.00SEK 160.00n/a2
Analyst Price Target
Consensus Narrative from 9 Analysts
SEK 191.75
Fair Value
13.6% undervalued intrinsic discount
9
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 20:50
End of Day Share Price 2025/01/22 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Beijer Ref AB (publ) is covered by 16 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Simon JonssonBerenberg
Gerhard OrgonasBerenberg