New Wave Group AB (publ)

OM:NEWA B Stock Report

Market Cap: SEK 12.8b

New Wave Group Valuation

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

Valuation Score

6/6

Valuation Score 6/6

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

Below Fair Value: NEWA B (SEK96.75) is trading below our estimate of fair value (SEK147.71)

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


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 Ratio14.2x
EarningsSEK 902.20m
Market CapSEK 12.84b

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 Average52.3x
BORG Björn Borg
16.2x13.4%SEK 1.3b
JM JM
51.6x58.3%SEK 11.3b
MIPS Mips
123.3x48.0%SEK 12.8b
DUNI Duni
18.1xn/aSEK 4.2b
NEWA B New Wave Group
14.2x19.2%SEK 12.8b

Price-To-Earnings vs Peers: NEWA B is good value based on its Price-To-Earnings Ratio (14.2x) compared to the peer average (52.3x).


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 14.2xIndustry Avg. 15.2xNo. of Companies7PE01020304050+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NEWA B is good value based on its Price-To-Earnings Ratio (14.2x) compared to the European Luxury industry average (15.2x).


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 Ratio14.2x
Fair PE Ratio24.2x

Price-To-Earnings vs Fair Ratio: NEWA B is good value based on its Price-To-Earnings Ratio (14.2x) compared to the estimated Fair Price-To-Earnings Ratio (24.2x).


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 NEWA B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 96.75
SEK 128.67
+33.0%
6.5%SEK 140.00SEK 120.00n/a3
Nov ’25SEK 112.10
SEK 135.00
+20.4%
3.7%SEK 140.00SEK 130.00n/a2
Oct ’25SEK 113.10
SEK 135.00
+19.4%
3.7%SEK 140.00SEK 130.00n/a2
Sep ’25SEK 113.40
SEK 135.00
+19.0%
3.7%SEK 140.00SEK 130.00n/a2
Aug ’25SEK 109.40
SEK 126.67
+15.8%
7.4%SEK 140.00SEK 120.00n/a3
Jul ’25SEK 110.80
SEK 126.67
+14.3%
7.4%SEK 140.00SEK 120.00n/a3
Jun ’25SEK 117.50
SEK 126.67
+7.8%
7.4%SEK 140.00SEK 120.00n/a3
May ’25SEK 101.90
SEK 126.67
+24.3%
7.4%SEK 140.00SEK 120.00n/a3
Apr ’25SEK 128.08
SEK 136.67
+6.7%
7.5%SEK 150.00SEK 125.00n/a3
Mar ’25SEK 127.94
SEK 136.67
+6.8%
7.5%SEK 150.00SEK 125.00n/a3
Feb ’25SEK 93.46
SEK 113.33
+21.3%
2.1%SEK 115.00SEK 110.00n/a3
Jan ’25SEK 101.88
SEK 113.33
+11.2%
2.1%SEK 115.00SEK 110.00n/a3
Dec ’24SEK 87.87
SEK 113.33
+29.0%
2.1%SEK 115.00SEK 110.00SEK 96.753
Nov ’24SEK 71.66
SEK 115.50
+61.2%
4.8%SEK 121.00SEK 110.00SEK 112.102
Oct ’24SEK 76.16
SEK 115.50
+51.7%
4.8%SEK 121.00SEK 110.00SEK 113.102
Sep ’24SEK 78.12
SEK 115.50
+47.8%
4.8%SEK 121.00SEK 110.00SEK 113.402
Aug ’24SEK 94.10
SEK 125.00
+32.8%
4.0%SEK 130.00SEK 120.00SEK 109.402
Jul ’24SEK 94.84
SEK 132.50
+39.7%
1.9%SEK 135.00SEK 130.00SEK 110.802
Jun ’24SEK 94.20
SEK 132.50
+40.7%
1.9%SEK 135.00SEK 130.00SEK 117.502
May ’24SEK 103.40
SEK 132.50
+28.1%
1.9%SEK 135.00SEK 130.00SEK 101.902
Apr ’24SEK 88.90
SEK 131.25
+47.6%
2.9%SEK 135.00SEK 127.50SEK 128.082
Mar ’24SEK 91.20
SEK 131.25
+43.9%
2.9%SEK 135.00SEK 127.50SEK 127.942
Feb ’24SEK 121.10
SEK 127.50
+5.3%
5.9%SEK 135.00SEK 120.00SEK 93.462

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


Discover undervalued companies