BHG Group AB (publ)

LSE:0SOM Stock Report

Market Cap: SEK 3.4b

BHG Group Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0SOM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0SOM (SEK19.17) is trading below our estimate of fair value (SEK27.39)

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

Key Valuation Metric

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

Key metric: As 0SOM is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 0SOM. This is calculated by dividing 0SOM's market cap by their current revenue.
What is 0SOM's PS Ratio?
PS Ratio0.3x
SalesSEK 9.91b
Market CapSEK 3.44b

Price to Sales Ratio vs Peers

How does 0SOM's PS Ratio compare to its peers?

The above table shows the PS ratio for 0SOM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.5x
VIC Victorian Plumbing Group
1.1x9.6%UK£302.2m
WIX Wickes Group
0.2x3.7%UK£366.0m
TPT Topps Tiles
0.3x8.5%UK£74.7m
MRK Marks Electrical Group
0.5x8.0%UK£55.5m
0SOM BHG Group
0.3x5.5%SEK 3.4b

Price-To-Sales vs Peers: 0SOM is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.5x).

Price to Sales Ratio vs Industry

How does 0SOM's PS Ratio compare vs other companies in the GB Specialty Retail Industry?

8 CompaniesPrice / SalesEstimated GrowthMarket Cap
VTU Vertu Motors
0.04x5.7%US$241.52m
WRKS TheWorks.co.uk
0.04xn/aUS$15.73m
CFYN Caffyns
0.05xn/aUS$15.36m
MMAG musicMagpie
0.07xn/aUS$11.18m
0SOM 0.3xIndustry Avg. 0.3xNo. of Companies8PS00.40.81.21.62+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 0SOM is expensive based on its Price-To-Sales Ratio (0.3x) compared to the UK Specialty Retail industry average (0.3x).

Price to Sales Ratio vs Fair Ratio

What is 0SOM's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0SOM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ratio0.2x

Price-To-Sales vs Fair Ratio: 0SOM is expensive based on its Price-To-Sales Ratio (0.3x) compared to the estimated Fair Price-To-Sales Ratio (0.2x).

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 0SOM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 19.17
SEK 20.50
+6.9%
7.3%SEK 22.00SEK 19.00n/a2
Dec ’25SEK 18.64
SEK 20.50
+10.0%
7.3%SEK 22.00SEK 19.00n/a2
Nov ’25SEK 18.18
SEK 20.50
+12.8%
7.3%SEK 22.00SEK 19.00n/a2
Oct ’25SEK 15.13
SEK 19.00
+25.6%
15.8%SEK 22.00SEK 16.00n/a2
Sep ’25SEK 15.81
SEK 19.00
+20.2%
15.8%SEK 22.00SEK 16.00n/a2
Aug ’25SEK 15.16
SEK 19.00
+25.3%
15.8%SEK 22.00SEK 16.00n/a2
Jul ’25SEK 17.09
SEK 18.50
+8.3%
18.9%SEK 22.00SEK 15.00n/a2
Jun ’25SEK 18.16
SEK 17.00
-6.4%
11.8%SEK 19.00SEK 15.00n/a2
May ’25SEK 14.02
SEK 17.00
+21.2%
11.8%SEK 19.00SEK 15.00n/a2
Apr ’25SEK 18.35
SEK 18.00
-1.9%
5.6%SEK 19.00SEK 17.00n/a2
Feb ’25SEK 17.15
SEK 16.00
-6.7%
6.3%SEK 17.00SEK 15.00n/a2
Jan ’25SEK 14.30
SEK 12.50
-12.6%
12.0%SEK 14.00SEK 11.00SEK 19.172
Dec ’24SEK 11.84
SEK 12.50
+5.6%
12.0%SEK 14.00SEK 11.00SEK 18.642
Nov ’24SEK 9.68
SEK 15.50
+60.1%
29.0%SEK 20.00SEK 11.00SEK 18.182
Oct ’24SEK 13.10
SEK 19.00
+45.0%
5.3%SEK 20.00SEK 18.00SEK 15.132
Sep ’24SEK 15.19
SEK 19.00
+25.1%
5.3%SEK 20.00SEK 18.00SEK 15.812
Aug ’24SEK 19.20
SEK 19.00
-1.0%
5.3%SEK 20.00SEK 18.00SEK 15.162
Jun ’24SEK 12.79
SEK 8.75
-31.6%
14.3%SEK 10.00SEK 7.50SEK 18.162
May ’24SEK 11.38
SEK 8.75
-23.1%
14.3%SEK 10.00SEK 7.50SEK 14.022
Apr ’24SEK 9.57
SEK 8.75
-8.5%
14.3%SEK 10.00SEK 7.50SEK 18.352
Mar ’24SEK 12.79
SEK 23.25
+81.8%
29.0%SEK 30.00SEK 16.50SEK 17.262
Feb ’24SEK 15.15
SEK 23.25
+53.4%
29.0%SEK 30.00SEK 16.50SEK 17.152
Jan ’24SEK 18.81
SEK 21.67
+15.2%
27.3%SEK 30.00SEK 17.00SEK 14.303

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 Analysis2024/12/31 02:52
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

BHG Group AB (publ) is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Fredrik IvarssonABG Sundal Collier Sponsored
Erik MobergBerenberg
Niklas EkmanCarnegie Investment Bank AB