Hoist Finance AB (publ)

OM:HOFI Stock Report

Market Cap: SEK 6.8b

Hoist Finance Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Discounted Cash Flow
Simply Wall St
SEK 91.90
Fair Value
14.9% undervalued intrinsic discount
2
Number of Analysts

Below Fair Value: HOFI (SEK78.2) is trading below our estimate of fair value (SEK91.9)

Significantly Below Fair Value: HOFI 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 HOFI?

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

The above table shows the Price to Earnings ratio for HOFI. This is calculated by dividing HOFI's market cap by their current earnings.
What is HOFI's PE Ratio?
PE Ratio7.8x
EarningsSEK 879.00m
Market CapSEK 6.84b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HOFI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.6x
RESURS Resurs Holding
36.9xn/aSEK 4.7b
CRED A Creades
9.1xn/aSEK 11.0b
RATO B Ratos
12.2x25.7%SEK 11.8b
ORES Investment AB Öresund
12xn/aSEK 5.1b
HOFI Hoist Finance
7.8x20.3%SEK 6.8b

Price-To-Earnings vs Peers: HOFI is good value based on its Price-To-Earnings Ratio (7.8x) compared to the peer average (17.6x).

Price to Earnings Ratio vs Industry

How does HOFI's PE Ratio compare vs other companies in the European Consumer Finance Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
HOFI 7.8xIndustry Avg. 10.1xNo. of Companies6PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HOFI is good value based on its Price-To-Earnings Ratio (7.8x) compared to the European Consumer Finance industry average (10.1x).

Price to Earnings Ratio vs Fair Ratio

What is HOFI'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.

HOFI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.8x
Fair PE Ratio25.6x

Price-To-Earnings vs Fair Ratio: HOFI is good value based on its Price-To-Earnings Ratio (7.8x) compared to the estimated Fair Price-To-Earnings Ratio (25.6x).

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 HOFI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 78.20
SEK 121.00
+54.7%
0.8%SEK 122.00SEK 120.00n/a2
Feb ’26SEK 93.40
SEK 123.50
+32.2%
2.8%SEK 127.00SEK 120.00n/a2
Jan ’26SEK 90.30
SEK 123.50
+36.8%
2.8%SEK 127.00SEK 120.00n/a2
Dec ’25SEK 90.60
SEK 123.50
+36.3%
2.8%SEK 127.00SEK 120.00n/a2
Nov ’25SEK 93.90
SEK 103.00
+9.7%
23.3%SEK 127.00SEK 79.00n/a2
Oct ’25SEK 85.40
SEK 82.00
-4.0%
3.7%SEK 85.00SEK 79.00n/a2
Sep ’25SEK 78.10
SEK 82.00
+5.0%
3.7%SEK 85.00SEK 79.00n/a2
Aug ’25SEK 68.60
SEK 79.00
+15.2%
7.6%SEK 85.00SEK 73.00n/a2
Jul ’25SEK 53.90
SEK 74.50
+38.2%
2.0%SEK 76.00SEK 73.00n/a2
Jun ’25SEK 58.80
SEK 69.50
+18.2%
9.4%SEK 76.00SEK 63.00n/a2
May ’25SEK 52.60
SEK 66.00
+25.5%
4.5%SEK 69.00SEK 63.00n/a2
Apr ’25SEK 53.10
SEK 61.50
+15.8%
2.4%SEK 63.00SEK 60.00n/a2
Mar ’25SEK 43.15
SEK 51.00
+18.2%
17.6%SEK 60.00SEK 42.00n/a2
Feb ’25SEK 35.25
SEK 42.00
+19.1%
16.7%SEK 49.00SEK 35.00SEK 93.402
Jan ’25SEK 37.15
SEK 42.00
+13.1%
16.7%SEK 49.00SEK 35.00SEK 90.302
Dec ’24SEK 37.55
SEK 42.00
+11.9%
16.7%SEK 49.00SEK 35.00SEK 90.602
Feb ’24SEK 32.86
SEK 35.50
+8.0%
1.4%SEK 36.00SEK 35.00SEK 35.252
Analyst Price Target
Consensus Narrative from 2 Analysts
SEK 121.00
Fair Value
35.4% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/16 07:51
End of Day Share Price 2025/02/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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

Hoist Finance AB (publ) is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ermin KericCarnegie Investment Bank AB
Borja Ramirez SeguraCitigroup Inc
Arun MelmaneMacquarie Research