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New Wave Group AB (publ)OM:NEWA B Stock Report

Market Cap SEK 13.2b
Share Price
SEK 99.60
SEK 115.5
13.8% undervalued intrinsic discount
1Y-14.6%
7D0.3%
1D
Portfolio Value
View

New Wave Group AB (publ)

OM:NEWA B Stock Report

Market Cap: SEK 13.2b

New Wave Group (NEWA B) Stock Overview

Designs, acquires, and develops brands and products in the corporate, sports, gifts, and home furnishings sectors in Sweden, the United States, Benelux, rest of Nordic countries, rest of Europe, and internationally. More details

NEWA B fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance2/6
Financial Health3/6
Dividends3/6

NEWA B Community Fair Values

Create Narrative

See what 25 others think this stock is worth. Follow their fair value or set your own to get alerts.

New Wave Group AB (publ) Competitors

Price History & Performance

Summary of share price highs, lows and changes for New Wave Group
Historical stock prices
Current Share PriceSEK 99.60
52 Week HighSEK 131.50
52 Week LowSEK 86.00
Beta1.36
1 Month Change3.37%
3 Month Change-0.40%
1 Year Change-14.58%
3 Year Change3.21%
5 Year Change95.29%
Change since IPO2,769.49%

Recent News & Updates

Narrative Update May 22

NEWA B: Semiannual Dividend Schedule Will Support Future Upside Potential

Analysts have trimmed their fair value estimate for New Wave Group from SEK119.0 to SEK115.5, reflecting updated assumptions around revenue growth, profit margins and a lower expected future P/E multiple. What's in the News The AGM on May 13, 2026, approved a total dividend of SEK 3.00 per share for the year, to be paid in two installments (Key Developments).
Narrative Update Apr 22

NEWA B: Semiannual Dividend Plan Will Support Future Upside Potential

Analysts have reduced their SEK 122 price target on New Wave Group to SEK 119, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E, which result in a slightly lower fair value estimate. What's in the News The Board of Directors plans to propose a dividend of SEK 3.00 per share at the Annual General Meeting on 13 May 2026, compared with the prior SEK 3.50 per share, with semiannual payments of SEK 1.50 per share (Key Developments).

Recent updates

Narrative Update May 22

NEWA B: Semiannual Dividend Schedule Will Support Future Upside Potential

Analysts have trimmed their fair value estimate for New Wave Group from SEK119.0 to SEK115.5, reflecting updated assumptions around revenue growth, profit margins and a lower expected future P/E multiple. What's in the News The AGM on May 13, 2026, approved a total dividend of SEK 3.00 per share for the year, to be paid in two installments (Key Developments).
Narrative Update Apr 22

NEWA B: Semiannual Dividend Plan Will Support Future Upside Potential

Analysts have reduced their SEK 122 price target on New Wave Group to SEK 119, citing updated assumptions for the discount rate, revenue growth, profit margin and future P/E, which result in a slightly lower fair value estimate. What's in the News The Board of Directors plans to propose a dividend of SEK 3.00 per share at the Annual General Meeting on 13 May 2026, compared with the prior SEK 3.50 per share, with semiannual payments of SEK 1.50 per share (Key Developments).
Narrative Update Apr 07

NEWA B: Semiannual Dividend Framework Will Support Steady Upside Potential

Analysts now hold their price target for New Wave Group steady at SEK122, reflecting updated views on discount rates, growth, margins and future P/E. Together, these factors point to only marginal tweaks in the underlying valuation story rather than a change in conviction.
Narrative Update Mar 24

NEWA B: Stable Dividend Proposal And Assumptions Are Expected To Support Upside

Analysts have kept the New Wave Group price target effectively unchanged at SEK 122, reflecting only very small tweaks to the discount rate, revenue growth, profit margin, and future P/E assumptions. What's in the News The Board of Directors plans to propose a dividend of SEK 3.00 per share at the Annual General Meeting scheduled for 13 May 2026, compared with a prior dividend level of SEK 3.50 per share (Key Developments).
Narrative Update Mar 10

NEWA B: Stable Assumptions And Proposed Dividend Will Support Future Upside

Analysts have kept their SEK price target for New Wave Group broadly stable, with only a marginal adjustment reflecting slightly updated assumptions for the discount rate and future P/E. This reflects a minor technical change rather than any major shift in the underlying outlook.
Narrative Update Feb 23

NEWA B: Steady Assumptions And Planned Dividend Will Support Future Upside

Analysts have adjusted their price target for New Wave Group to SEK122. This reflects refreshed assumptions for the discount rate, revenue growth, profit margin, and future P/E, while keeping the headline valuation level unchanged.
Analysis Article Feb 13

New Wave Group (STO:NEWA B) Will Pay A Smaller Dividend Than Last Year

New Wave Group AB (publ)'s ( STO:NEWA B ) dividend is being reduced from last year's payment covering the same period...
Narrative Update Feb 08

NEWA B: Higher Discount Rate Will Still Support Attractive Future Returns

Analysts have reduced their fair value estimate for New Wave Group from €129 to €122, citing updated views on the discount rate, revenue growth, profit margin, and future P/E assumptions. Valuation Changes Fair Value Estimate has been trimmed from €129 to €122, reflecting a modest reduction in the assessed equity value.
Analysis Article Feb 08

Earnings Miss: New Wave Group AB (publ) Missed EPS By 5.8% And Analysts Are Revising Their Forecasts

Shareholders might have noticed that New Wave Group AB (publ) ( STO:NEWA B ) filed its yearly result this time last...
Analysis Article Nov 09

Earnings Update: New Wave Group AB (publ) (STO:NEWA B) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts

As you might know, New Wave Group AB (publ) ( STO:NEWA B ) recently reported its quarterly numbers. New Wave Group...
Analysis Article Oct 28

New Wave Group (STO:NEWA B) Has Affirmed Its Dividend Of SEK1.75

New Wave Group AB (publ) ( STO:NEWA B ) will pay a dividend of SEK1.75 on the 5th of December. This makes the dividend...
Analysis Article Sep 09

Investors Will Want New Wave Group's (STO:NEWA B) Growth In ROCE To Persist

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Analysis Article Aug 28

New Wave Group (STO:NEWA B) Will Pay A Dividend Of SEK1.75

New Wave Group AB (publ)'s ( STO:NEWA B ) investors are due to receive a payment of SEK1.75 per share on 5th of...
Narrative Update Aug 16

US And Canada Expansion And Teamwear Will Shape Future Markets

Despite improved revenue growth forecasts, New Wave Group’s consensus price target has been lowered to SEK129.00, reflecting a contraction in future valuation multiples. Valuation Changes Summary of Valuation Changes for New Wave Group The Consensus Analyst Price Target has fallen from SEK140.00 to SEK129.00.
Analysis Article Aug 14

New Wave Group (STO:NEWA B) Will Pay A Dividend Of SEK1.75

New Wave Group AB (publ)'s ( STO:NEWA B ) investors are due to receive a payment of SEK1.75 per share on 5th of...
Analysis Article Jun 19

New Wave Group (STO:NEWA B) Is Paying Out A Dividend Of SEK1.75

New Wave Group AB (publ) ( STO:NEWA B ) has announced that it will pay a dividend of SEK1.75 per share on the 5th of...
Analysis Article Jun 18

Is New Wave Group AB (publ) (STO:NEWA B) Trading At A 44% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, New Wave Group fair value estimate is kr215 New Wave Group's...
Analysis Article May 15

New Wave Group (STO:NEWA B) Has Announced A Dividend Of SEK1.75

New Wave Group AB (publ)'s ( STO:NEWA B ) investors are due to receive a payment of SEK1.75 per share on 5th of...
Analysis Article Apr 30

It May Be Possible That New Wave Group AB (publ)'s (STO:NEWA B) CEO Compensation Could Get Bumped Up

Key Insights New Wave Group's Annual General Meeting to take place on 6th of May CEO Torsten Jansson's total...
Analysis Article Apr 27

Results: New Wave Group AB (publ) Exceeded Expectations And The Consensus Has Updated Its Estimates

New Wave Group AB (publ) ( STO:NEWA B ) just released its first-quarter report and things are looking bullish. New Wave...
Analysis Article Apr 04

Many Still Looking Away From New Wave Group AB (publ) (STO:NEWA B)

When close to half the companies in Sweden have price-to-earnings ratios (or "P/E's") above 22x, you may consider New...
Analysis Article Mar 11

Is Now The Time To Look At Buying New Wave Group AB (publ) (STO:NEWA B)?

New Wave Group AB (publ) ( STO:NEWA B ), is not the largest company out there, but it saw a decent share price growth...
User avatar
New Narrative Feb 09

Expansion Into US Teamwear And Inclusion Of Craft Shoes In Swedish Chains Will Improve Future Prospects

Expansion into the U.S. teamwear market and Craft shoe distribution could drive significant future revenue growth and market share gains.
Analysis Article Feb 09

New Wave Group AB (publ) (STO:NEWA B) Just Reported And Analysts Have Been Lifting Their Price Targets

It's been a pretty great week for New Wave Group AB (publ) ( STO:NEWA B ) shareholders, with its shares surging 11% to...
Analysis Article Jan 30

New Wave Group (STO:NEWA B) Might Have The Makings Of A Multi-Bagger

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Jan 18

Is New Wave Group (STO:NEWA B) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Dec 14

Insufficient Growth At New Wave Group AB (publ) (STO:NEWA B) Hampers Share Price

When close to half the companies in Sweden have price-to-earnings ratios (or "P/E's") above 24x, you may consider New...
Analysis Article Nov 10

New Wave Group AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models

New Wave Group AB (publ) ( STO:NEWA B ) just released its latest quarterly report and things are not looking great. It...
Analysis Article Nov 01

New Wave Group (STO:NEWA B) Will Pay A Dividend Of SEK1.75

New Wave Group AB (publ) ( STO:NEWA B ) will pay a dividend of SEK1.75 on the 5th of December. This will take the...
Analysis Article Oct 04

What Does New Wave Group AB (publ)'s (STO:NEWA B) Share Price Indicate?

While New Wave Group AB (publ) ( STO:NEWA B ) might not have the largest market cap around , it saw significant share...
Analysis Article Sep 19

New Wave Group (STO:NEWA B) Shareholders Will Want The ROCE Trajectory To Continue

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
Analysis Article Aug 23

New Wave Group's (STO:NEWA B) Dividend Will Be SEK1.75

New Wave Group AB (publ) ( STO:NEWA B ) will pay a dividend of SEK1.75 on the 5th of December. This takes the dividend...
Analysis Article Aug 18

New Wave Group AB (publ) Beat Revenue Forecasts By 6.1%: Here's What Analysts Are Forecasting Next

As you might know, New Wave Group AB (publ) ( STO:NEWA B ) recently reported its quarterly numbers. New Wave Group beat...
Analysis Article Jul 11

New Wave Group (STO:NEWA B) Is Due To Pay A Dividend Of SEK1.75

New Wave Group AB (publ)'s ( STO:NEWA B ) investors are due to receive a payment of SEK1.75 per share on 5th of...
Analysis Article Jun 15

New Wave Group's (STO:NEWA B) Dividend Will Be SEK1.75

New Wave Group AB (publ) ( STO:NEWA B ) will pay a dividend of SEK1.75 on the 5th of December. This takes the dividend...
Analysis Article Apr 05

The Return Trends At New Wave Group (STO:NEWA B) Look Promising

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Mar 21

Is Now The Time To Look At Buying New Wave Group AB (publ) (STO:NEWA B)?

New Wave Group AB (publ) ( STO:NEWA B ), is not the largest company out there, but it received a lot of attention from...
Analysis Article Feb 21

New Wave Group AB (publ) (STO:NEWA B) Surges 29% Yet Its Low P/E Is No Reason For Excitement

Despite an already strong run, New Wave Group AB (publ) ( STO:NEWA B ) shares have been powering on, with a gain of 29...
Analysis Article Jan 20

Is There An Opportunity With New Wave Group AB (publ)'s (STO:NEWA B) 28% Undervaluation?

Key Insights New Wave Group's estimated fair value is kr126 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Jan 06

New Wave Group AB (publ)'s (STO:NEWA B) Share Price Is Matching Sentiment Around Its Earnings

With a price-to-earnings (or "P/E") ratio of 10.5x New Wave Group AB (publ) ( STO:NEWA B ) may be sending very bullish...
Analysis Article Dec 25

We Think New Wave Group (STO:NEWA B) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Dec 12

Is There Now An Opportunity In New Wave Group AB (publ) (STO:NEWA B)?

New Wave Group AB (publ) ( STO:NEWA B ), is not the largest company out there, but it saw a significant share price...

Shareholder Returns

NEWA BSE LuxurySE Market
7D0.3%2.6%-0.2%
1Y-14.6%-9.2%13.0%

Return vs Industry: NEWA B underperformed the Swedish Luxury industry which returned -9.2% over the past year.

Return vs Market: NEWA B underperformed the Swedish Market which returned 13% over the past year.

Price Volatility

Is NEWA B's price volatile compared to industry and market?
NEWA B volatility
NEWA B Average Weekly Movement3.6%
Luxury Industry Average Movement5.2%
Market Average Movement6.3%
10% most volatile stocks in SE Market13.5%
10% least volatile stocks in SE Market3.7%

Stable Share Price: NEWA B has not had significant price volatility in the past 3 months compared to the Swedish market.

Volatility Over Time: NEWA B's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19892,824Torsten Janssonwww.nwg.se

New Wave Group AB (publ) designs, acquires, and develops brands and products in the corporate, sports, gifts, and home furnishings sectors in Sweden, the United States, Benelux, rest of Nordic countries, rest of Europe, and internationally. It operates through segments: Corporate, Sports & Leisure, and Gifts & Home Furnishings. The Corporate segment offers promowear products, such as clothes for printing and embroidery, as well as leisure, work, and sports clothes; promotional gifts, including pens, power banks, gift cards, promotional and corporate gifts, bags, handbags, bed linens, and towels; and a range of work wear products comprising underwear, outer garments, reflective clothing, flame protective, and accessories for professional categories, which consist of construction and installation workers, painters and plasterers, transport and service, and hotel and restaurant workers.

New Wave Group AB (publ) Fundamentals Summary

How do New Wave Group's earnings and revenue compare to its market cap?
NEWA B fundamental statistics
Market capSEK 13.22b
Earnings (TTM)SEK 768.00m
Revenue (TTM)SEK 10.16b
17.2x
P/E Ratio
1.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NEWA B income statement (TTM)
RevenueSEK 10.16b
Cost of RevenueSEK 5.18b
Gross ProfitSEK 4.99b
Other ExpensesSEK 4.22b
EarningsSEK 768.00m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 20, 2026

Earnings per share (EPS)5.79
Gross Margin49.07%
Net Profit Margin7.56%
Debt/Equity Ratio50.6%

How did NEWA B perform over the long term?

See historical performance and comparison

Dividends

3.0%
Current Dividend Yield
52%
Payout Ratio

Does NEWA B pay a reliable dividends?

See NEWA B dividend history and benchmarks
When do you need to buy NEWA B by to receive an upcoming dividend?
New Wave Group dividend dates
Ex Dividend DateDec 03 2026
Dividend Pay DateDec 09 2026
Days until Ex dividend185 days
Days until Dividend pay date191 days

Does NEWA B pay a reliable dividends?

See NEWA B dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 17:55
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
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

New Wave Group AB (publ) is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Niklas EkmanCarnegie Investment Bank AB
Emanuel JanssonDanske Bank
Karl-Johan BonnevierDNB Carnegie