Hemnet Group AB (publ)

BATS-CHIXE:HEMS Stock Report

Market Cap: SEK 12.4b

Hemnet Group Valuation

Is HEMS 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 HEMS 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: HEMS (SEK132.75) is trading above our estimate of future cash flow value (SEK130.4)

Significantly Below Future Cash Flow Value: HEMS 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 HEMS?

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

The above table shows the Price to Earnings ratio for HEMS. This is calculated by dividing HEMS's market cap by their current earnings.
What is HEMS's PE Ratio?
PE Ratio23.8x
EarningsSEK 520.60m
Market CapSEK 12.37b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HEMS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.1x
BCG Baltic Classifieds Group
20.4x11.32%UK£881.5m
MONY MONY Group
9.7x6.14%UK£800.2m
RMV Rightmove
16.5x6.75%UK£3.4b
AUTO Autotrader Group
13.6x6.48%UK£4.0b
HEMS Hemnet Group
23.8x15.74%SEK 12.4b

Price-To-Earnings vs Peers: HEMS is expensive based on its Price-To-Earnings Ratio (23.8x) compared to the peer average (15.1x).

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 HEMS's PE Ratio compare vs other companies in the European Interactive Media and Services Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
No. of Companies7PE020406080100+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HEMS is expensive based on its Price-To-Earnings Ratio (23.8x) compared to the Global Interactive Media and Services industry average (18.7x).

Price to Earnings Ratio vs Fair Ratio

What is HEMS'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.

HEMS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HEMS'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 HEMS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 132.75
SEK 216.57
+63.14%
42.37%SEK 399.80SEK 110.00n/a12
Feb ’27SEK 161.15
SEK 219.48
+36.20%
41.17%SEK 399.80SEK 110.00n/a12
Jan ’27n/a
SEK 270.23
0%
34.35%SEK 399.80SEK 121.00n/a12
Dec ’26n/a
SEK 286.98
0%
26.42%SEK 399.80SEK 156.00n/a12
Nov ’26n/a
SEK 294.40
0%
22.56%SEK 399.80SEK 200.00n/a12
Oct ’26n/a
SEK 320.65
0%
21.02%SEK 410.00SEK 220.00n/a12
Sep ’26SEK 246.10
SEK 335.40
+36.29%
19.41%SEK 426.00SEK 227.00n/a12
Aug ’26n/a
SEK 336.57
0%
19.02%SEK 426.00SEK 227.00n/a12
Jul ’26n/a
SEK 346.32
0%
20.18%SEK 435.00SEK 225.00n/a11
Jun ’26SEK 307.40
SEK 410.28
+33.47%
8.14%SEK 482.00SEK 370.00n/a9
May ’26SEK 325.50
SEK 411.50
+26.42%
7.25%SEK 473.00SEK 370.00n/a9
Apr ’26n/a
SEK 426.61
0%
6.19%SEK 482.00SEK 390.00n/a9
Mar ’26n/a
SEK 421.17
0%
3.91%SEK 450.00SEK 390.00n/a9
Feb ’26n/a
SEK 410.74
0%
4.46%SEK 435.00SEK 380.00SEK 161.159
Jan ’26n/a
SEK 408.19
0%
4.99%SEK 430.00SEK 372.00n/a9
Dec ’25n/a
SEK 410.97
0%
5.67%SEK 445.00SEK 372.00n/a9
Nov ’25SEK 344.60
SEK 413.30
+19.94%
5.37%SEK 445.00SEK 372.00n/a9
Oct ’25n/a
SEK 432.04
0%
4.56%SEK 458.40SEK 400.00n/a9
Sep ’25n/a
SEK 432.04
0%
4.56%SEK 458.40SEK 400.00SEK 246.109
Aug ’25n/a
SEK 432.04
0%
4.56%SEK 458.40SEK 400.00n/a9
Jul ’25n/a
SEK 351.40
0%
10.73%SEK 420.00SEK 275.00n/a9
Jun ’25n/a
SEK 350.00
0%
11.27%SEK 420.00SEK 275.00SEK 307.408
May ’25n/a
SEK 349.13
0%
12.29%SEK 420.00SEK 260.00SEK 325.508
Apr ’25n/a
SEK 315.29
0%
12.58%SEK 385.00SEK 260.00n/a7
Mar ’25n/a
SEK 281.71
0%
21.46%SEK 349.00SEK 150.00n/a7
Feb ’25n/a
SEK 243.43
0%
19.93%SEK 320.00SEK 150.00n/a7
SEK 216.65
Fair Value
38.7% undervalued intrinsic discount
12
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/10 17:49
End of Day Share Price 2026/02/10 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

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

Hemnet Group AB (publ) is covered by 16 analysts. 11 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
Fernando Cordero BarreiraBanco Santander
Andrew RossBarclays