Executive Summary
BHG Group AB operates as a consumer e-commerce company in Europe. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with moderate growth potential.
Similar Companies
Share Price & News
How has BHG Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BHG's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-2.7%
BHG
-0.9%
SE Online Retail
-0.5%
SE Market
1 Year Return
185.9%
BHG
64.3%
SE Online Retail
13.9%
SE Market
Return vs Industry: BHG exceeded the Swedish Online Retail industry which returned 66.1% over the past year.
Return vs Market: BHG exceeded the Swedish Market which returned 15.2% over the past year.
Shareholder returns
| BHG | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.7% | -0.9% | -0.5% |
| 30 Day | 23.6% | 16.3% | 2.4% |
| 90 Day | 28.4% | 32.4% | 6.6% |
| 1 Year | 185.9%185.9% | 73.0%64.3% | 15.9%13.9% |
| 3 Year | n/a | 39.5%15.5% | 31.6%17.5% |
| 5 Year | n/a | 112.1%103.0% | 60.3%28.9% |
Price Volatility Vs. Market
How volatile is BHG Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Are Robust Financials Driving The Recent Rally In BHG Group AB's (STO:BHG) Stock?3 weeks ago | Simply Wall St
These 4 Measures Indicate That BHG Group (STO:BHG) Is Using Debt Safely1 month ago | Simply Wall St
Should You Be Adding BHG Group (STO:BHG) To Your Watchlist Today?Valuation
Is BHG Group undervalued compared to its fair value and its price relative to the market?
51.18x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BHG (SEK139.8) is trading above our estimate of fair value (SEK64.41)
Significantly Below Fair Value: BHG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BHG is poor value based on its PE Ratio (51.3x) compared to the XE Online Retail industry average (36.1x).
PE vs Market: BHG is poor value based on its PE Ratio (51.3x) compared to the Swedish market (22.4x).
Price to Earnings Growth Ratio
PEG Ratio: BHG is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: BHG is overvalued based on its PB Ratio (5x) compared to the SE Online Retail industry average (3.3x).
Next Steps
Future Growth
How is BHG Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
19.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BHG's forecast earnings growth (19.1% per year) is above the savings rate (0.5%).
Earnings vs Market: BHG's earnings (19.1% per year) are forecast to grow faster than the Swedish market (12.9% per year).
High Growth Earnings: BHG's earnings are forecast to grow, but not significantly.
Revenue vs Market: BHG's revenue (11.8% per year) is forecast to grow faster than the Swedish market (3.1% per year).
High Growth Revenue: BHG's revenue (11.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BHG's Return on Equity is forecast to be low in 3 years time (13.5%).
Next Steps
Past Performance
How has BHG Group performed over the past 5 years?
47.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BHG has high quality earnings.
Growing Profit Margin: BHG's current net profit margins (3.8%) are higher than last year (1.9%).
Past Earnings Growth Analysis
Earnings Trend: BHG's earnings have grown significantly by 47.1% per year over the past 5 years.
Accelerating Growth: BHG's earnings growth over the past year (187.9%) exceeds its 5-year average (47.1% per year).
Earnings vs Industry: BHG earnings growth over the past year (187.9%) exceeded the Online Retail industry -0.6%.
Return on Equity
High ROE: BHG's Return on Equity (9.9%) is considered low.
Next Steps
Financial Health
How is BHG Group's financial position?
Financial Position Analysis
Short Term Liabilities: BHG's short term assets (SEK2.1B) exceed its short term liabilities (SEK1.8B).
Long Term Liabilities: BHG's short term assets (SEK2.1B) do not cover its long term liabilities (SEK2.2B).
Debt to Equity History and Analysis
Debt Level: BHG's debt to equity ratio (53.8%) is considered high.
Reducing Debt: Insufficient data to determine if BHG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BHG's debt is well covered by operating cash flow (51.4%).
Interest Coverage: BHG's interest payments on its debt are well covered by EBIT (47.8x coverage).
Balance Sheet
Next Steps
Dividend
What is BHG Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BHG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BHG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BHG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BHG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BHG's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.7yrs
Average management tenure
CEO
Adam Schatz
0.67
Tenure
Mr. Adam Schatz serves as President, Chief Executive Officer and Head of the Home Furnishing segment at BHG Group AB (formerly known as Bygghemma Group First AB (publ)) since February 20, 2020. He has been ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Head of Strategy and M&A | 0.67yr | kr3.20m | no data | |
| President | 0.67yr | no data | 0.013% SEK 2.0m | |
| Acting Chief Financial Officer | 0.67yr | no data | 0.0033% SEK 496.8k | |
| COO & Head of the DIY Segment | 1.5yrs | kr1.20m | 0.11% SEK 16.2m | |
| Head of Investor Relations | 2.75yrs | no data | no data |
0.7yrs
Average Tenure
49yo
Average Age
Experienced Management: BHG's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Independent Director | 3.75yrs | kr100.00k | 0.024% SEK 3.6m | |
| Independent Director | 4.75yrs | kr100.00k | 0.016% SEK 2.4m | |
| Chairman of the Board | 0.42yr | no data | no data | |
| Independent Director | 1.42yrs | kr200.00k | no data | |
| Director | 0.42yr | no data | no data | |
| Independent Director | 0.83yr | no data | no data |
1.1yrs
Average Tenure
55yo
Average Age
Experienced Board: BHG's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BHG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
BHG Group AB's company bio, employee growth, exchange listings and data sources
Key Information
- Name: BHG Group AB
- Ticker: BHG
- Exchange: OM
- Founded: 2006
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: kr15.010b
- Shares outstanding: 107.37m
- Website: https://www.wearebhg.com
Number of Employees
Location
- BHG Group AB
- Hans Michelsensgatan 9
- Malmö
- Skåne County
- 211 20
- Sweden
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BHG | OM (OMX Nordic Exchange Stockholm) | Yes | Class A Ordinary Shares | SE | SEK | Mar 2018 |
| 7B1 | DB (Deutsche Boerse AG) | Yes | Class A Ordinary Shares | DE | EUR | Mar 2018 |
| 0SOM | LSE (London Stock Exchange) | Yes | Class A Ordinary Shares | GB | SEK | Mar 2018 |
| BHGS | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | Class A Ordinary Shares | GB | SEK | Mar 2018 |
Biography
BHG Group AB operates as a consumer e-commerce company in Europe. The company offers a range of brands totalling approximately 800,000 products within DIY, leisure, furniture, and furnishings. It operates ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/23 20:40 |
| End of Day Share Price | 2020/10/23 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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 here.