Harm Reduction Group AB (publ)

NGM:NOHARM Stock Report

Market Cap: SEK 15.3m

Harm Reduction Group Valuation

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

Below Fair Value: Insufficient data to calculate NOHARM's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate NOHARM's fair value for valuation analysis.


Key Valuation Metric

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

Key metric: As NOHARM is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for NOHARM. This is calculated by dividing NOHARM's market cap by their current revenue.
What is NOHARM's PS Ratio?
PS Ratio0.09x
SalesSEK 162.34m
Market CapSEK 15.30m

Price to Sales Ratio vs Peers

How does NOHARM's PS Ratio compare to its peers?

The above table shows the PS ratio for NOHARM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.4x
DUG DUG Foodtech
6.9xn/aSEK 14.2m
AGTIRA B Agtira
1.2xn/aSEK 38.5m
UMIDA B Umida Group
0.7xn/aSEK 51.4m
ARCTIC Arctic Blue Beverages
0.8xn/aSEK 3.7m
NOHARM Harm Reduction Group
0.09xn/aSEK 15.3m

Price-To-Sales vs Peers: NOHARM is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (2.4x).


Price to Sales Ratio vs Industry

How does NOHARM's PS Ratio compare vs other companies in the Global Tobacco Industry?

11 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.2.1x3.3%
NOHARM Harm Reduction Group
0.09xn/aUS$1.38m
NOHARM 0.1xIndustry Avg. 2.1xNo. of Companies11PS01.63.24.86.48+
11 CompaniesEstimated GrowthMarket Cap
Industry Avg.2.1x19.1%
NOHARM Harm Reduction Group
0.09xn/aUS$1.38m
No more companies

Price-To-Sales vs Industry: NOHARM is good value based on its Price-To-Sales Ratio (0.1x) compared to the Global Tobacco industry average (2.1x).


Price to Sales Ratio vs Fair Ratio

What is NOHARM'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.

NOHARM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.09x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate NOHARM'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?

Analyst Forecast: Insufficient data to show price forecast.


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