Holmen Valuation

Is HOLMBS 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 HOLMBS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: HOLMBS (SEK430) is trading below our estimate of fair value (SEK468.21)

Significantly Below Fair Value: HOLMBS is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for HOLMBS. This is calculated by dividing HOLMBS's market cap by their current earnings.
What is HOLMBS's PE Ratio?
PE Ratio	22.9x
Earnings	SEK 2.84b
Market Cap	SEK 64.85b

HOLMBS 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	2.9x
Enterprise Value/EBITDA	16.6x
PEG Ratio	2.3x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HOLMBS 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	17.9x
MNDI Mondi	16.2x	15.8%	UK£5.3b
FRES Fresnillo	24.3x	33.0%	UK£4.8b
CRDA Croda International	30.4x	15.1%	UK£4.9b
NLMK Novolipetsk Steel	0.8x	n/a	US$4.1b
HOLMBS Holmen	22.9x	10.0%	SEK 64.8b

Price-To-Earnings vs Peers: HOLMBS is good value based on its Price-To-Earnings Ratio (22.9x) compared to the peer average (23.6x).

Price to Earnings Ratio vs Industry

How does HOLMBS's PE Ratio compare vs other companies in the European Forestry Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: HOLMBS is expensive based on its Price-To-Earnings Ratio (22.9x) compared to the European Forestry industry average (10.1x).

Price to Earnings Ratio vs Fair Ratio

What is HOLMBS'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.

HOLMBS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	22.9x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HOLMBS'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?

Analyst Forecast: Insufficient data to show price forecast.

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