Sweco AB (publ)

LSE:0H0G Stock Report

Market Cap: SEK 59.2b

Sweco Valuation

Is 0H0G undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 0H0G when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0H0G (SEK164.7) is trading below our estimate of fair value (SEK245.95)

Significantly Below Fair Value: 0H0G is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0H0G?

Key metric: As 0H0G is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0H0G. This is calculated by dividing 0H0G's market cap by their current earnings.
What is 0H0G's PE Ratio?
PE Ratio31.3x
EarningsSEK 1.89b
Market CapSEK 59.22b

Price to Earnings Ratio vs Peers

How does 0H0G's PE Ratio compare to its peers?

The above table shows the PE ratio for 0H0G vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.4x
BBY Balfour Beatty
10.1x0.9%UK£2.3b
MGNS Morgan Sindall Group
14.8x2.8%UK£1.8b
KLR Keller Group
8.3x2.4%UK£1.0b
RNWH Renew Holdings
16.3x10.3%UK£716.4m
0H0G Sweco
31.3x16.1%SEK 59.2b

Price-To-Earnings vs Peers: 0H0G is expensive based on its Price-To-Earnings Ratio (31.3x) compared to the peer average (12.4x).

Price to Earnings Ratio vs Industry

How does 0H0G's PE Ratio compare vs other companies in the European Construction Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
0H0G 31.3xIndustry Avg. 13.4xNo. of Companies22PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0H0G is expensive based on its Price-To-Earnings Ratio (31.3x) compared to the European Construction industry average (13.4x).

Price to Earnings Ratio vs Fair Ratio

What is 0H0G'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.

0H0G PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio31.3x
Fair PE Ratio23.3x

Price-To-Earnings vs Fair Ratio: 0H0G is expensive based on its Price-To-Earnings Ratio (31.3x) compared to the estimated Fair Price-To-Earnings Ratio (23.3x).

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 0H0G forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 164.70
SEK 192.60
+16.9%
7.2%SEK 216.00SEK 180.00n/a5
Dec ’25SEK 163.70
SEK 193.60
+18.3%
6.7%SEK 216.00SEK 180.00n/a5
Nov ’25SEK 176.90
SEK 189.60
+7.2%
7.1%SEK 216.00SEK 180.00n/a5
Oct ’25SEK 171.40
SEK 182.80
+6.7%
3.5%SEK 194.00SEK 175.00n/a5
Sep ’25SEK 168.90
SEK 182.80
+8.2%
3.5%SEK 194.00SEK 175.00n/a5
Aug ’25SEK 170.40
SEK 182.80
+7.3%
3.5%SEK 194.00SEK 175.00n/a5
Jul ’25SEK 148.12
SEK 164.20
+10.9%
4.0%SEK 173.00SEK 155.00n/a5
Jun ’25SEK 148.42
SEK 162.60
+9.6%
5.0%SEK 173.00SEK 150.00n/a5
May ’25SEK 118.80
SEK 137.40
+15.7%
9.3%SEK 150.00SEK 115.00n/a5
Apr ’25SEK 120.51
SEK 134.80
+11.9%
10.6%SEK 150.00SEK 115.00n/a5
Mar ’25SEK 110.74
SEK 132.80
+19.9%
9.5%SEK 150.00SEK 115.00n/a5
Feb ’25SEK 122.32
SEK 144.40
+18.1%
9.1%SEK 155.00SEK 120.00n/a5
Jan ’25SEK 135.80
SEK 143.80
+5.9%
12.1%SEK 160.00SEK 111.00SEK 164.705
Dec ’24SEK 125.76
SEK 141.80
+12.8%
12.0%SEK 160.00SEK 111.00SEK 163.705
Nov ’24SEK 102.24
SEK 141.80
+38.7%
12.0%SEK 160.00SEK 111.00SEK 176.905
Oct ’24SEK 102.09
SEK 139.80
+36.9%
12.4%SEK 160.00SEK 111.00SEK 171.405
Sep ’24SEK 105.31
SEK 144.00
+36.7%
10.1%SEK 160.00SEK 123.00SEK 168.904
Aug ’24SEK 107.36
SEK 144.00
+34.1%
10.1%SEK 160.00SEK 123.00SEK 170.404
Jul ’24SEK 120.50
SEK 147.25
+22.2%
7.8%SEK 160.00SEK 130.00SEK 148.124
Jun ’24SEK 124.92
SEK 146.75
+17.5%
8.0%SEK 160.00SEK 130.00SEK 148.424
Feb ’24SEK 114.94
SEK 116.00
+0.9%
3.4%SEK 120.00SEK 112.00SEK 122.322
Jan ’24SEK 102.43
SEK 116.00
+13.3%
3.4%SEK 120.00SEK 112.00SEK 135.802

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 Analysis2025/01/01 07:58
End of Day Share Price 2024/12/30 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

Sweco AB (publ) is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Viktor LindebergCarnegie Investment Bank AB
Johan DahlDanske Bank
Ebba Marie BjorklidDNB Markets