Asmodee Group AB (publ)

OM:ASMDEE B Stock Report

Market Cap: SEK 30.1b

Asmodee Group Valuation

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

Discounted Cash Flow
Simply Wall St
SEK 142.33
Fair Value
9.5% undervalued intrinsic discount
4
Number of Analysts

Below Fair Value: ASMDEE B (SEK128.78) is trading below our estimate of fair value (SEK142.33)

Significantly Below Fair Value: ASMDEE B 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 ASMDEE B?

Key metric: As ASMDEE B is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for ASMDEE B. This is calculated by dividing ASMDEE B's market cap by their current revenue.
What is ASMDEE B's PS Ratio?
PS Ratio2x
Sales€1.37b
Market Cap€2.75b

Price to Sales Ratio vs Peers

How does ASMDEE B's PS Ratio compare to its peers?

The above table shows the PS ratio for ASMDEE B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average6.8x
THULE Thule Group
2.9x8.00%SEK 28.4b
MIPS Mips
22.1x24.54%SEK 11.4b
BOAT Nimbus Group
0.4x9.35%SEK 633.1m
NEWA B New Wave Group
1.7x5.90%SEK 16.2b
ASMDEE B Asmodee Group
2x3.85%SEK 30.1b

Price-To-Sales vs Peers: ASMDEE B is good value based on its Price-To-Sales Ratio (2x) compared to the peer average (6.8x).

Price to Sales Ratio vs Industry

How does ASMDEE B's PS Ratio compare vs other companies in the European Leisure Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
ASMDEE B 2.0xIndustry Avg. 0.9xNo. of Companies6PS00.81.62.43.24+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: ASMDEE B is expensive based on its Price-To-Sales Ratio (2x) compared to the European Leisure industry average (0.9x).

Price to Sales Ratio vs Fair Ratio

What is ASMDEE B'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.

ASMDEE B PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate ASMDEE B's Price-To-Sales 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 ASMDEE B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 128.78
SEK 131.25
+1.92%
8.58%SEK 143.00SEK 120.00n/a4
Jun ’26SEK 129.88
SEK 131.25
+1.05%
8.58%SEK 143.00SEK 120.00n/a4
May ’26SEK 106.50
SEK 117.75
+10.56%
4.09%SEK 123.00SEK 110.00n/a4
Apr ’26SEK 92.78
SEK 113.60
+22.44%
6.81%SEK 120.00SEK 100.00n/a5
Mar ’26SEK 99.45
SEK 110.00
+10.61%
7.42%SEK 120.00SEK 100.00n/a3
AnalystConsensusTarget
Consensus Narrative from 4 Analysts
SEK 131.25
Fair Value
1.9% undervalued intrinsic discount
4
Number of Analysts

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 Analysis2025/06/09 12:28
End of Day Share Price 2025/06/09 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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

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

AnalystInstitution
William PackerBNP Paribas Exane
Jacob EdlerDanske Bank
Martin ArnellDNB Carnegie