OM:BHG

Stock Analysis Report

Bygghemma Group First

Executive Summary

Bygghemma Group First AB (publ) operates as an online supplier of home improvement products to consumers in Sweden, Finland, Norway, and Denmark.

Snowflake

Fundamentals

Reasonable growth potential with mediocre balance sheet.

Risks

  • Bygghemma Group First is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Bygghemma Group First's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.5%

OM:BHG

-0.1%

SE Online Retail

-0.03%

SE Market


1 Year Return

5.3%

OM:BHG

-13.7%

SE Online Retail

-2.3%

SE Market

BHG outperformed the Online Retail industry which returned -14.8% over the past year.

BHG outperformed the Market in Sweden which returned -1.9% over the past year.


Share holder returns

BHGIndustryMarket
7 Day0.5%-0.1%-0.03%
30 Day7.2%2.6%-3.7%
90 Day10.1%-1.4%-1.4%
1 Year5.3%5.3%-11.4%-13.7%1.8%-2.3%
3 Yearn/a24.2%13.8%24.6%6.2%
5 Yearn/a76.6%67.0%45.0%14.2%

Price Volatility Vs. Market

How volatile is Bygghemma Group First's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bygghemma Group First undervalued based on future cash flows and its price relative to the stock market?

10%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Bygghemma Group First's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Bygghemma Group First's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Bygghemma Group First is overvalued based on earnings compared to the Europe Online Retail industry average.

Bygghemma Group First is overvalued based on earnings compared to the Sweden market.


Price Based on Expected Growth

Bygghemma Group First is poor value based on expected growth next year.


Price Based on Value of Assets

Bygghemma Group First is good value based on assets compared to the SE Online Retail industry average.


Next Steps

Future Growth

How is Bygghemma Group First expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

42.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Bygghemma Group First's revenue is expected to grow by 12.7% yearly, however this is not considered high growth (20% yearly).

Bygghemma Group First's earnings are expected to grow significantly at over 20% yearly.

Bygghemma Group First's revenue growth is expected to exceed the Sweden market average.

Bygghemma Group First's earnings growth is expected to exceed the Sweden market average.

Bygghemma Group First's earnings growth is expected to exceed the low risk savings rate of 0.4%.


Earnings per Share Growth Estimates


Future Return on Equity

Bygghemma Group First is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Bygghemma Group First performed over the past 5 years?

-5.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Bygghemma Group First's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Bygghemma Group First has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Bygghemma Group First has become profitable in the last year making it difficult to compare the Europe Online Retail industry average.


Return on Equity

Bygghemma Group First has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Bygghemma Group First used its assets less efficiently than the Europe Online Retail industry average last year based on Return on Assets.


Return on Capital Employed

Bygghemma Group First's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Bygghemma Group First's financial position?


Financial Position Analysis

Bygghemma Group First's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Bygghemma Group First's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Bygghemma Group First's level of debt (35.5%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Bygghemma Group First's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (26.4%, greater than 20% of total debt).

Bygghemma Group First earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 1.2x debt.


Next Steps

Dividend

What is Bygghemma Group First's current dividend yield, its reliability and sustainability?

0.46%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Unable to evaluate Bygghemma Group First's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Bygghemma Group First's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Bygghemma Group First has not reported any payouts.

Unable to verify if Bygghemma Group First's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Bygghemma Group First has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Bygghemma Group First's dividends in 3 years as they are not expected to pay a notable one for Sweden.


Next Steps

Management

What is the CEO of Bygghemma Group First's salary, the management and board of directors tenure and is there insider trading?

0.3yrs

Average management tenure


CEO

Martin Edblad (42yo)

0.3yrs

Tenure

0

Mr. Martin Edblad has been Head of Home Furnishings, Acting President and Chief Executive Officer of Bygghemma Group First AB (publ) since April 1, 2019. Mr. Edblad served as the Chief Financial Officer of ...


Management Age and Tenure

0.3yrs

Average Tenure

45yo

Average Age

The average tenure for the Bygghemma Group First management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.4yrs

Average Tenure

54yo

Average Age

The average tenure for the Bygghemma Group First board of directors is less than 3 years, this suggests a new board.


Insider Trading

More shares have been bought than sold by Bygghemma Group First individual insiders in the past 3 months.


Recent Insider Transactions

Buykr95,57918 Jul 19
Adam Schatz
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares2,500
Max Pricekr38.30
Buykr144,00007 Jun 19
Adam Schatz
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares4,000
Max Pricekr36.00
Buykr182,75003 Jun 19
Peter Rosvall
EntityIndividual
Role
Senior Key Executive
Head of New Operations
Shares5,000
Max Pricekr36.55
Buykr76,00019 May 19
Mikael Olander
EntityIndividual
Role
Chief Operating Officer
COO and Head of the DIY segment & M&A.
Shares2,000
Max Pricekr38.00
Buykr101,25026 Apr 19
Adam Schatz
EntityIndividual
Role
Chief Financial Officer
Chief Financial Officer
Shares2,500
Max Pricekr40.50
Buykr148,05029 Oct 18
All-On-Green Sex AB
EntityCompany
Shares4,700
Max Pricekr31.50

Ownership Breakdown


Management Team

  • Adam Schatz

    Chief Financial Officer

    • Tenure: 0.3yrs
  • Martin Edblad (42yo)

    Head of Home Furnishings

    • Tenure: 0.3yrs
  • Peter Rosvall (39yo)

    Head of New Operations

    • Tenure: 0.3yrs
  • Christian Eriksson (45yo)

    Head of Home Furnishings

    • Tenure: 5.6yrs
  • Mikael Olander (56yo)

    COO and Head of the DIY segment & M&A.

    • Tenure: 0.3yrs
    • Compensation: kr1.20m
  • Johan Hähnel (54yo)

    Head of Investor Relations

    • Tenure: 1.6yrs

Board Members

  • Peter Möller (47yo)

    Director

    • Tenure: 3.6yrs
  • Henrik Theilbjørn (58yo)

    Chairman of the Board

    • Tenure: 0.0yrs
    • Compensation: kr150.00k
  • Ingrid Blank (57yo)

    Director

    • Tenure: 2.6yrs
    • Compensation: kr75.00k
  • Bert Larsson (64yo)

    Director

    • Tenure: 3.6yrs
    • Compensation: kr75.00k
  • Johan Giléus (54yo)

    Director

    • Tenure: 0.3yrs
  • Christophe Le Houédec (47yo)

    Director

    • Tenure: 0.3yrs
  • Tom Tang (43yo)

    Director

    • Tenure: 0.3yrs

Company Information

Bygghemma Group First AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bygghemma Group First AB (publ)
  • Ticker: BHG
  • Exchange: OM
  • Founded: 2006
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: kr4.456b
  • Shares outstanding: 107.37m
  • Website: https://www.bygghemmagroup.com

Number of Employees


Location

  • Bygghemma Group First AB (publ)
  • Hans Michelsensgatan 9
  • Malmo
  • Skåne County
  • 211 20
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BHGOM (OMX Nordic Exchange Stockholm)YesClass A Ordinary SharesSESEKMar 2018
7B1DB (Deutsche Boerse AG)YesClass A Ordinary SharesDEEURMar 2018
0SOMLSE (London Stock Exchange)YesClass A Ordinary SharesGBSEKMar 2018

Biography

Bygghemma Group First AB (publ) operates as an online supplier of home improvement products to consumers in Sweden, Finland, Norway, and Denmark. The company operates through two segments, DIY and Home Fur ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 22:14
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.