Hexatronic Group AB (publ)

OM:HTRO Stock Report

Market Cap: SEK 7.3b

Hexatronic Group Valuation

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

Below Fair Value: HTRO (SEK35.39) is trading below our estimate of fair value (SEK99.97)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for HTRO. This is calculated by dividing HTRO's market cap by their current earnings.
What is HTRO's PE Ratio?
PE Ratio16.1x
EarningsSEK 451.00m
Market CapSEK 7.27b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HTRO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average42.7x
PLEJD Plejd
49.8x37.5%SEK 4.2b
FAG Fagerhult Group
23.1x24.4%SEK 9.5b
AQ AQ Group
20.1x7.4%SEK 12.9b
PSCAND Permascand Top Holding
77.6x70.7%SEK 1.0b
HTRO Hexatronic Group
16.1x34.7%SEK 7.3b

Price-To-Earnings vs Peers: HTRO is good value based on its Price-To-Earnings Ratio (16.1x) compared to the peer average (42.7x).

Price to Earnings Ratio vs Industry

How does HTRO's PE Ratio compare vs other companies in the European Electrical Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
HTRO 16.1xIndustry Avg. 16.1xNo. of Companies10PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HTRO is expensive based on its Price-To-Earnings Ratio (16.1x) compared to the European Electrical industry average (16.1x).

Price to Earnings Ratio vs Fair Ratio

What is HTRO'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.

HTRO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.1x
Fair PE Ratio37.2x

Price-To-Earnings vs Fair Ratio: HTRO is good value based on its Price-To-Earnings Ratio (16.1x) compared to the estimated Fair Price-To-Earnings Ratio (37.2x).

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 HTRO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 35.39
SEK 65.00
+83.7%
11.5%SEK 75.00SEK 57.00n/a3
Dec ’25SEK 37.61
SEK 65.00
+72.8%
11.5%SEK 75.00SEK 57.00n/a3
Nov ’25SEK 43.58
SEK 65.00
+49.2%
11.5%SEK 75.00SEK 57.00n/a3
Oct ’25SEK 49.36
SEK 75.33
+52.6%
16.9%SEK 90.00SEK 59.00n/a3
Sep ’25SEK 60.72
SEK 75.33
+24.1%
16.9%SEK 90.00SEK 59.00n/a3
Aug ’25SEK 61.46
SEK 75.33
+22.6%
16.9%SEK 90.00SEK 59.00n/a3
Jul ’25SEK 51.96
SEK 57.33
+10.3%
22.1%SEK 70.00SEK 40.00n/a3
Jun ’25SEK 44.62
SEK 45.67
+2.3%
14.6%SEK 55.00SEK 40.00n/a3
May ’25SEK 34.45
SEK 45.67
+32.6%
14.6%SEK 55.00SEK 40.00n/a3
Apr ’25SEK 32.92
SEK 47.67
+44.8%
11.0%SEK 55.00SEK 43.00n/a3
Mar ’25SEK 32.80
SEK 47.67
+45.3%
11.0%SEK 55.00SEK 43.00n/a3
Feb ’25SEK 21.28
SEK 43.00
+102.1%
33.6%SEK 62.00SEK 27.00n/a3
Jan ’25SEK 27.32
SEK 43.00
+57.4%
33.6%SEK 62.00SEK 27.00n/a3
Dec ’24SEK 20.49
SEK 43.67
+113.1%
31.4%SEK 62.00SEK 29.00SEK 37.613
Nov ’24SEK 25.19
SEK 52.00
+106.4%
31.8%SEK 67.00SEK 29.00SEK 43.583
Oct ’24SEK 44.50
SEK 101.00
+127.0%
13.9%SEK 115.00SEK 87.00SEK 49.362
Sep ’24SEK 61.64
SEK 118.00
+91.4%
12.9%SEK 138.00SEK 101.00SEK 60.723
Aug ’24SEK 81.66
SEK 150.33
+84.1%
13.3%SEK 175.00SEK 126.00SEK 61.463
Jul ’24SEK 80.38
SEK 155.33
+93.2%
13.6%SEK 175.00SEK 126.00SEK 51.963
Jun ’24SEK 67.64
SEK 165.33
+144.4%
19.5%SEK 205.00SEK 126.00SEK 44.623
May ’24SEK 86.50
SEK 165.33
+91.1%
19.5%SEK 205.00SEK 126.00SEK 34.453
Apr ’24SEK 118.00
SEK 173.67
+47.2%
22.6%SEK 215.00SEK 121.00SEK 32.923
Mar ’24SEK 126.10
SEK 173.67
+37.7%
22.6%SEK 215.00SEK 121.00SEK 32.803
Feb ’24SEK 130.60
SEK 155.00
+18.7%
18.2%SEK 175.00SEK 115.00SEK 21.283
Jan ’24SEK 141.55
SEK 151.67
+7.1%
17.3%SEK 175.00SEK 115.00SEK 27.323
Dec ’23SEK 149.70
SEK 148.33
-0.9%
15.9%SEK 165.00SEK 115.00SEK 20.493

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:29
End of Day Share Price 2024/12/20 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

Hexatronic Group AB (publ) is covered by 3 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jacob EdlerDanske Bank
Stefan WårdPareto Securities
Fredrik NilssonRedeye