New Wave Group AB (publ)

OM:NEWA B Stock Report

Market Cap: SEK 13.5b

New Wave Group Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: NEWA B (SEK101.7) is trading below our estimate of future cash flow value (SEK126.23)

Significantly Below Future Cash Flow Value: NEWA B is trading below future cash flow value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for NEWA B. This is calculated by dividing NEWA B's market cap by their current earnings.
What is NEWA B's PE Ratio?
PE Ratio17.2x
EarningsSEK 783.00m
Market CapSEK 13.49b

Price to Earnings Ratio vs Peers

How does NEWA B's PE Ratio compare to its peers?

The above table shows the PE ratio for NEWA B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.9x
BORG Björn Borg
16.7x8.49%SEK 1.5b
ELUX B AB Electrolux
25.2x36.61%SEK 22.2b
THULE Thule Group
21.9x12.64%SEK 24.4b
MIPS Mips
55.9x38.37%SEK 6.7b
NEWA B New Wave Group
17.2x19.26%SEK 13.5b

Price-To-Earnings vs Peers: NEWA B is good value based on its Price-To-Earnings Ratio (17.2x) compared to the peer average (29.9x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does NEWA B's PE Ratio compare vs other companies in the European Luxury Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NEWA B 17.2xIndustry Avg. 18.0xNo. of Companies8PE01224364860+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NEWA B is good value based on its Price-To-Earnings Ratio (17.2x) compared to the European Luxury industry average (18.1x).

Price to Earnings Ratio vs Fair Ratio

What is NEWA B'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.

NEWA B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.2x
Fair PE Ratio19.8x

Price-To-Earnings vs Fair Ratio: NEWA B is good value based on its Price-To-Earnings Ratio (17.2x) compared to the estimated Fair Price-To-Earnings Ratio (19.8x).

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 NEWA B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 101.70
SEK 122.00
+19.96%
5.35%SEK 130.00SEK 114.00n/a3
Feb ’27SEK 106.70
SEK 125.00
+17.15%
4.57%SEK 133.00SEK 120.00n/a3
Jan ’27SEK 114.60
SEK 129.00
+12.57%
3.10%SEK 133.00SEK 125.00n/a2
Dec ’26SEK 112.10
SEK 129.00
+15.08%
3.10%SEK 133.00SEK 125.00n/a2
Nov ’26SEK 112.20
SEK 128.00
+14.08%
2.34%SEK 131.00SEK 125.00n/a2
Oct ’26SEK 110.70
SEK 128.00
+15.63%
2.34%SEK 131.00SEK 125.00n/a2
Sep ’26SEK 107.20
SEK 129.00
+20.34%
3.10%SEK 133.00SEK 125.00n/a2
Aug ’26SEK 117.20
SEK 140.00
+19.45%
3.57%SEK 145.00SEK 135.00n/a2
Jul ’26SEK 124.20
SEK 134.00
+7.89%
2.99%SEK 138.00SEK 130.00n/a2
Jun ’26SEK 116.60
SEK 134.00
+14.92%
2.99%SEK 138.00SEK 130.00n/a2
May ’26SEK 118.00
SEK 134.00
+13.56%
2.99%SEK 138.00SEK 130.00n/a2
Apr ’26SEK 101.40
SEK 136.50
+34.62%
1.10%SEK 138.00SEK 135.00n/a2
Mar ’26SEK 109.50
SEK 136.50
+24.66%
1.10%SEK 138.00SEK 135.00n/a2
Feb ’26SEK 106.00
SEK 128.00
+20.75%
1.56%SEK 130.00SEK 126.00SEK 106.702
Jan ’26SEK 97.15
SEK 133.00
+36.90%
5.26%SEK 140.00SEK 126.00SEK 114.602
Dec ’25SEK 96.75
SEK 128.67
+32.99%
6.51%SEK 140.00SEK 120.00SEK 112.103
Nov ’25SEK 112.10
SEK 135.00
+20.43%
3.70%SEK 140.00SEK 130.00SEK 112.202
Oct ’25SEK 113.10
SEK 135.00
+19.36%
3.70%SEK 140.00SEK 130.00SEK 110.702
Sep ’25SEK 113.40
SEK 135.00
+19.05%
3.70%SEK 140.00SEK 130.00SEK 107.202
Aug ’25SEK 109.40
SEK 126.67
+15.78%
7.44%SEK 140.00SEK 120.00SEK 117.203
Jul ’25SEK 110.80
SEK 126.67
+14.32%
7.44%SEK 140.00SEK 120.00SEK 124.203
Jun ’25SEK 117.50
SEK 126.67
+7.80%
7.44%SEK 140.00SEK 120.00SEK 116.603
May ’25SEK 101.90
SEK 126.67
+24.30%
7.44%SEK 140.00SEK 120.00SEK 118.003
Apr ’25SEK 128.08
SEK 136.67
+6.70%
7.52%SEK 150.00SEK 125.00SEK 101.403
Mar ’25SEK 127.94
SEK 136.67
+6.82%
7.52%SEK 150.00SEK 125.00SEK 109.503
Feb ’25SEK 93.46
SEK 113.33
+21.26%
2.08%SEK 115.00SEK 110.00SEK 106.003
SEK 122
Fair Value
16.6% undervalued intrinsic discount
3
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 Analysis2026/02/17 15:34
End of Day Share Price 2026/02/17 00:00
Earnings2025/12/31
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. 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
Niklas EkmanCarnegie Investment Bank AB
Emanuel JanssonDanske Bank
Karl-Johan BonnevierDNB Carnegie