Freemelt Holding AB (publ)

OM:FREEM Stock Report

Market Cap: SEK 55.0m

Freemelt Holding Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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

Below Fair Value: FREEM (SEK0.81) is trading below our estimate of fair value (SEK39.25)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for FREEM. This is calculated by dividing FREEM's market cap by their current revenue.
What is FREEM's PS Ratio?
PS Ratio1x
SalesSEK 54.04m
Market CapSEK 55.00m

Price to Sales Ratio vs Peers

How does FREEM's PS Ratio compare to its peers?

The above table shows the PS ratio for FREEM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.5x
FINE Finepart Sweden
2.2xn/aSEK 38.4m
BAWAT Bawat Water Technologies
2.8xn/aSEK 65.6m
AERW B Aerowash
1xn/aSEK 64.6m
NFGAB Nordic Flanges Group
0.1xn/aSEK 30.9m
FREEM Freemelt Holding
1x36.4%SEK 55.7m

Price-To-Sales vs Peers: FREEM is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (1.5x).

Price to Sales Ratio vs Industry

How does FREEM's PS Ratio compare vs other companies in the SE Machinery Industry?

7 CompaniesPrice / SalesEstimated GrowthMarket Cap
AGES B AGES Industri
0.3xn/aUS$44.48m
LYGRD Lyckegård Group
0.3xn/aUS$5.29m
NFGAB Nordic Flanges Group
0.1xn/aUS$2.78m
EASY B EasyFill AB (publ.)
0.3xn/aUS$2.51m
FREEM 1.0xIndustry Avg. 1.5xNo. of Companies9PS01.63.24.86.48+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: FREEM is good value based on its Price-To-Sales Ratio (1x) compared to the Swedish Machinery industry average (1.5x).

Price to Sales Ratio vs Fair Ratio

What is FREEM'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.

FREEM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1x
Fair PS Ratio6.3x

Price-To-Sales vs Fair Ratio: FREEM is good value based on its Price-To-Sales Ratio (1x) compared to the estimated Fair Price-To-Sales Ratio (6.3x).

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 FREEM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 0.81
SEK 4.35
+437.0%
60.9%SEK 7.00SEK 1.70n/a2
Dec ’25SEK 2.08
SEK 5.00
+140.4%
40.0%SEK 7.00SEK 3.00n/a2
Nov ’25SEK 1.89
SEK 7.25
+283.6%
37.9%SEK 10.00SEK 4.50n/a2
Oct ’25SEK 2.46
SEK 7.25
+194.7%
37.9%SEK 10.00SEK 4.50n/a2
Sep ’25SEK 2.80
SEK 7.25
+158.9%
37.9%SEK 10.00SEK 4.50n/a2
Aug ’25SEK 3.84
SEK 7.50
+95.3%
33.3%SEK 10.00SEK 5.00n/a2
Jul ’25SEK 3.24
SEK 7.50
+131.5%
33.3%SEK 10.00SEK 5.00n/a2
Jun ’25SEK 2.28
SEK 7.75
+239.9%
29.0%SEK 10.00SEK 5.50n/a2
May ’25SEK 3.01
SEK 10.25
+240.5%
46.3%SEK 15.00SEK 5.50n/a2
Apr ’25SEK 4.73
SEK 10.25
+116.7%
46.3%SEK 15.00SEK 5.50n/a2
Mar ’25SEK 6.22
SEK 11.25
+80.9%
33.3%SEK 15.00SEK 7.50n/a2
Feb ’25SEK 5.56
SEK 11.50
+106.8%
30.4%SEK 15.00SEK 8.00n/a2
Jan ’25SEK 6.84
SEK 11.50
+68.1%
30.4%SEK 15.00SEK 8.00SEK 0.852
Dec ’24SEK 5.46
SEK 11.50
+110.6%
30.4%SEK 15.00SEK 8.00SEK 2.082
Nov ’24SEK 7.56
SEK 12.50
+65.3%
20.0%SEK 15.00SEK 10.00SEK 1.892
Oct ’24SEK 4.37
SEK 12.50
+186.0%
20.0%SEK 15.00SEK 10.00SEK 2.462
Sep ’24SEK 5.76
SEK 12.50
+117.0%
20.0%SEK 15.00SEK 10.00SEK 2.802
Aug ’24SEK 6.72
SEK 13.00
+93.5%
15.4%SEK 15.00SEK 11.00SEK 3.842
Jul ’24SEK 6.20
SEK 13.00
+109.7%
15.4%SEK 15.00SEK 11.00SEK 3.242
Jun ’24SEK 7.02
SEK 13.00
+85.2%
15.4%SEK 15.00SEK 11.00SEK 2.282
May ’24SEK 8.94
SEK 13.00
+45.4%
15.4%SEK 15.00SEK 11.00SEK 3.012
Apr ’24SEK 9.00
SEK 13.00
+44.4%
15.4%SEK 15.00SEK 11.00SEK 4.732
Mar ’24SEK 8.20
SEK 13.00
+58.5%
15.4%SEK 15.00SEK 11.00SEK 6.222
Feb ’24SEK 6.74
SEK 13.00
+92.9%
15.4%SEK 15.00SEK 11.00SEK 5.562
Jan ’24SEK 7.80
SEK 13.00
+66.7%
15.4%SEK 15.00SEK 11.00SEK 6.842

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/07 20:51
End of Day Share Price 2025/01/07 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

Freemelt Holding AB (publ) is covered by 3 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
Henric HintzeABG Sundal Collier Sponsored
null nullABG Sundal Collier Sponsored
Anton HoofRedeye