Holmen Valuation
Is HOLM B undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
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 HOLM B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: HOLM B (SEK397.6) is trading below our estimate of fair value (SEK521.19)
Significantly Below Fair Value: HOLM 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 HOLM B?
Other financial metrics that can be useful for relative valuation.
| What is HOLM B's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | SEK 63.19b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.8x |
| Enterprise Value/EBITDA | 14.2x |
| PEG Ratio | 3.2x |
Price to Earnings Ratio vs Peers
How does HOLM B's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 13.5x | ||
NPAPER Nordic Paper Holding | 8.6x | 3.1% | SEK 3.6b |
SCA B Svenska Cellulosa Aktiebolaget | 29.8x | 18.8% | SEK 97.4b |
SSAB A SSAB | 4.9x | -6.8% | SEK 50.3b |
BOL Boliden | 10.6x | 10.3% | SEK 82.3b |
HOLM B Holmen | 20.6x | 6.4% | SEK 63.2b |
Price-To-Earnings vs Peers: HOLM B is expensive based on its Price-To-Earnings Ratio (20.6x) compared to the peer average (13.5x).
Price to Earnings Ratio vs Industry
How does HOLM B's PE Ratio compare vs other companies in the European Forestry Industry?
Price-To-Earnings vs Industry: HOLM B is expensive based on its Price-To-Earnings Ratio (20.6x) compared to the European Forestry industry average (10.9x).
Price to Earnings Ratio vs Fair Ratio
What is HOLM 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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 20.6x |
| Fair PE Ratio | 15.7x |
Price-To-Earnings vs Fair Ratio: HOLM B is expensive based on its Price-To-Earnings Ratio (20.6x) compared to the estimated Fair Price-To-Earnings Ratio (15.7x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | SEK 397.60 | SEK 428.17 +7.7% | 5.1% | SEK 460.00 | SEK 400.00 | n/a | 6 |
| Jul ’25 | SEK 417.20 | SEK 430.67 +3.2% | 5.2% | SEK 455.00 | SEK 400.00 | n/a | 6 |
| Jun ’25 | SEK 439.40 | SEK 434.60 -1.1% | 5.4% | SEK 455.00 | SEK 393.00 | n/a | 5 |
| May ’25 | SEK 431.60 | SEK 434.60 +0.7% | 5.4% | SEK 455.00 | SEK 393.00 | n/a | 5 |
| Apr ’25 | SEK 435.40 | SEK 414.60 -4.8% | 7.1% | SEK 450.00 | SEK 370.00 | n/a | 5 |
| Mar ’25 | SEK 417.40 | SEK 408.25 -2.2% | 7.3% | SEK 450.00 | SEK 370.00 | n/a | 4 |
| Feb ’25 | SEK 404.10 | SEK 412.50 +2.1% | 6.9% | SEK 450.00 | SEK 370.00 | n/a | 4 |
| Jan ’25 | SEK 425.70 | SEK 418.75 -1.6% | 9.0% | SEK 470.00 | SEK 370.00 | n/a | 4 |
| Dec ’24 | SEK 445.60 | SEK 432.75 -2.9% | 12.6% | SEK 520.00 | SEK 376.00 | n/a | 4 |
| Nov ’24 | SEK 421.50 | SEK 429.00 +1.8% | 12.8% | SEK 520.00 | SEK 376.00 | n/a | 4 |
| Oct ’24 | SEK 425.80 | SEK 430.00 +1.0% | 12.5% | SEK 520.00 | SEK 380.00 | n/a | 4 |
| Sep ’24 | SEK 414.80 | SEK 428.00 +3.2% | 11.3% | SEK 520.00 | SEK 380.00 | n/a | 5 |
| Aug ’24 | SEK 406.90 | SEK 443.60 +9.0% | 10.2% | SEK 520.00 | SEK 385.00 | SEK 414.00 | 5 |
| Jul ’24 | SEK 387.40 | SEK 448.00 +15.6% | 9.5% | SEK 520.00 | SEK 385.00 | SEK 417.20 | 6 |
| Jun ’24 | SEK 411.60 | SEK 449.67 +9.2% | 9.6% | SEK 520.00 | SEK 385.00 | SEK 439.40 | 6 |
| May ’24 | SEK 387.30 | SEK 456.33 +17.8% | 7.6% | SEK 520.00 | SEK 420.00 | SEK 431.60 | 6 |
| Apr ’24 | SEK 399.20 | SEK 464.67 +16.4% | 8.6% | SEK 520.00 | SEK 420.00 | SEK 435.40 | 6 |
| Mar ’24 | SEK 424.40 | SEK 464.67 +9.5% | 8.6% | SEK 520.00 | SEK 420.00 | SEK 417.40 | 6 |
| Feb ’24 | SEK 442.00 | SEK 453.33 +2.6% | 11.5% | SEK 520.00 | SEK 380.00 | SEK 404.10 | 6 |
| Jan ’24 | SEK 413.90 | SEK 448.33 +8.3% | 11.1% | SEK 520.00 | SEK 380.00 | SEK 425.70 | 6 |
| Dec ’23 | SEK 430.40 | SEK 448.33 +4.2% | 11.1% | SEK 520.00 | SEK 380.00 | SEK 445.60 | 6 |
| Nov ’23 | SEK 404.60 | SEK 446.00 +10.2% | 12.2% | SEK 520.00 | SEK 380.00 | SEK 421.50 | 5 |
| Oct ’23 | SEK 424.50 | SEK 467.00 +10.0% | 7.8% | SEK 520.00 | SEK 425.00 | SEK 425.80 | 5 |
| Sep ’23 | SEK 454.90 | SEK 463.00 +1.8% | 6.7% | SEK 500.00 | SEK 425.00 | SEK 414.80 | 5 |
| Aug ’23 | SEK 410.60 | SEK 471.25 +14.8% | 8.3% | SEK 530.00 | SEK 425.00 | SEK 406.90 | 4 |
Analyst Forecast: Target price is less than 20% higher than the current share price.