Beijer Ref Valuation

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

BEIJBs (SEK139.35) is trading above our estimate of [[future cash flow value]] (SEK109.98)

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 Future Cash Flow Value
Significantly Below Future Cash Flow Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Future Cash Flow 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.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: BEIJBs (SEK139.35) is trading above our estimate of future cash flow value (SEK109.98)

Significantly Below Future Cash Flow Value: BEIJBs is trading above our estimate of future cash flow 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 Ratio	31.2x
Earnings	SEK 2.33b
Market Cap	SEK 72.64b

BEIJBs key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	2.3x
Enterprise Value/EBITDA	22x
PEG Ratio	3.3x

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.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	26.1x
HWDN Howden Joinery Group	16.8x	6.96%	UK£4.5b
DPLM Diploma	51x	13.28%	UK£9.7b
BNZL Bunzl	18.8x	5.43%	UK£8.6b
RS1 RS Group	17.9x	11.52%	UK£2.9b
BEIJBs Beijer Ref	31.2x	9.48%	SEK 72.6b

Price-To-Earnings vs Peers: BEIJBs is expensive based on its Price-To-Earnings Ratio (31.2x) compared to the peer average (26.1x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

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

6 Companies	Price / Earnings	Estimated Growth	Market Cap

6 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: BEIJBs is expensive based on its Price-To-Earnings Ratio (31.2x) compared to the European Trade Distributors industry average (18.8x).

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 Ratio	31.2x
Fair PE Ratio	n/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.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	n/a	SEK 160.89 0%	13.20%	SEK 180.00	SEK 110.00	n/a	9
Jun ’27	n/a	SEK 161.78 0%	14.05%	SEK 193.00	SEK 110.00	n/a	9
May ’27	SEK 128.25	SEK 162.63 +26.80%	14.74%	SEK 193.00	SEK 110.00	n/a	8
Apr ’27	SEK 131.10	SEK 173.17 +32.09%	8.74%	SEK 197.00	SEK 147.00	n/a	6
Mar ’27	SEK 140.35	SEK 172.83 +23.14%	9.09%	SEK 197.00	SEK 145.00	n/a	6
Feb ’27	SEK 127.15	SEK 180.33 +41.83%	9.90%	SEK 200.00	SEK 145.00	n/a	6
Jan ’27	n/a	SEK 182.67 0%	7.37%	SEK 200.00	SEK 159.00	n/a	6
Dec ’26	SEK 150.90	SEK 183.67 +21.71%	7.15%	SEK 200.00	SEK 160.00	n/a	6
Nov ’26	n/a	SEK 180.83 0%	8.50%	SEK 200.00	SEK 158.00	n/a	6
Oct ’26	SEK 146.00	SEK 180.83 +23.86%	8.50%	SEK 200.00	SEK 158.00	n/a	6
Sep ’26	SEK 163.35	SEK 180.17 +10.29%	8.49%	SEK 200.00	SEK 159.00	n/a	6
Aug ’26	SEK 168.35	SEK 180.17 +7.02%	8.49%	SEK 200.00	SEK 159.00	n/a	6
Jul ’26	n/a	SEK 175.14 0%	9.33%	SEK 200.00	SEK 152.00	SEK 139.35	7
Jun ’26	SEK 142.55	SEK 178.88 +25.48%	10.17%	SEK 205.00	SEK 152.00	n/a	8
May ’26	n/a	SEK 179.50 0%	9.91%	SEK 205.00	SEK 152.00	SEK 128.25	8
Apr ’26	n/a	SEK 191.13 0%	5.55%	SEK 205.00	SEK 174.00	SEK 131.10	8
Mar ’26	n/a	SEK 191.13 0%	5.55%	SEK 205.00	SEK 174.00	SEK 140.35	8
Feb ’26	n/a	SEK 191.13 0%	5.55%	SEK 205.00	SEK 174.00	SEK 127.15	8
Jan ’26	n/a	SEK 190.13 0%	6.45%	SEK 205.00	SEK 172.00	n/a	8
Dec ’25	n/a	SEK 193.14 0%	6.36%	SEK 210.00	SEK 172.00	SEK 150.90	7
Nov ’25	SEK 158.50	SEK 193.14 +21.86%	6.36%	SEK 210.00	SEK 172.00	n/a	7
Oct ’25	SEK 159.70	SEK 193.57 +21.21%	5.97%	SEK 210.00	SEK 175.00	SEK 146.00	7
Sep ’25	SEK 177.15	SEK 191.67 +8.19%	5.77%	SEK 205.00	SEK 175.00	SEK 163.35	6
Aug ’25	n/a	SEK 190.00 0%	6.00%	SEK 205.00	SEK 175.00	SEK 168.35	5
Jul ’25	n/a	SEK 179.00 0%	7.37%	SEK 203.00	SEK 166.00	n/a	6

AnalystPriceTarget

Community Contributor

SEK 156.45

Fair Value

10.9% undervalued

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

Data	Last Updated (UTC time)
Company Analysis	2026/07/04 18:58
End of Day Share Price	2026/06/26 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

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 Github.

Analyst Sources

Beijer Ref AB (publ) is covered by 20 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	ABG Sundal Collier
Rajesh Patki	Barclays
Gerhard Orgonas	Berenberg