Clas Ohlson AB (publ)

OM:CLAS B Stock Report

Market Cap: SEK 25.8b

Clas Ohlson Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of CLAS B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: CLAS B (SEK411) is trading above our estimate of future cash flow value (SEK225.04)

Significantly Below Future Cash Flow Value: CLAS B is trading above our estimate of future cash flow value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CLAS B. This is calculated by dividing CLAS B's market cap by their current earnings.
What is CLAS B's PE Ratio?
PE Ratio23.5x
EarningsSEK 1.11b
Market CapSEK 25.78b

Price to Earnings Ratio vs Peers

How does CLAS B's PE Ratio compare to its peers?

The above table shows the PE ratio for CLAS B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.5x
BHG BHG Group
29.9x27.83%SEK 4.4b
BMAX Byggmax Group
16.5x15.25%SEK 3.3b
BILI A Bilia
15.7x13.93%SEK 11.6b
SYNSAM Synsam
19.9x18.51%SEK 9.1b
CLAS B Clas Ohlson
23.5x8.41%SEK 25.8b

Price-To-Earnings vs Peers: CLAS B is expensive based on its Price-To-Earnings Ratio (23.5x) compared to the peer average (20.5x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does CLAS B's PE Ratio compare vs other companies in the European Specialty Retail Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CLAS B 23.5xIndustry Avg. 14.0xNo. of Companies17PE01020304050+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CLAS B is expensive based on its Price-To-Earnings Ratio (23.5x) compared to the European Specialty Retail industry average (14x).

Price to Earnings Ratio vs Fair Ratio

What is CLAS 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.

CLAS B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.5x
Fair PE Ratio20.5x

Price-To-Earnings vs Fair Ratio: CLAS B is expensive based on its Price-To-Earnings Ratio (23.5x) compared to the estimated Fair Price-To-Earnings Ratio (20.5x).

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 CLAS B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 411.00
SEK 378.33
-7.95%
9.73%SEK 425.00SEK 335.00n/a3
Apr ’27SEK 381.40
SEK 378.33
-0.80%
9.73%SEK 425.00SEK 335.00n/a3
Mar ’27SEK 373.20
SEK 356.67
-4.43%
9.25%SEK 400.00SEK 320.00n/a3
Feb ’27SEK 305.00
SEK 348.33
+14.21%
10.50%SEK 400.00SEK 320.00n/a3
Jan ’27SEK 303.40
SEK 362.50
+19.48%
10.34%SEK 400.00SEK 325.00n/a2
Dec ’26SEK 365.40
SEK 375.00
+2.63%
6.67%SEK 400.00SEK 350.00n/a2
Nov ’26SEK 347.00
SEK 370.00
+6.63%
8.11%SEK 400.00SEK 340.00n/a2
Oct ’26SEK 364.20
SEK 370.00
+1.59%
8.11%SEK 400.00SEK 340.00n/a2
Sep ’26SEK 334.00
SEK 345.00
+3.29%
10.14%SEK 380.00SEK 310.00n/a2
Aug ’26SEK 335.00
SEK 335.00
0%
7.46%SEK 360.00SEK 310.00n/a2
Jul ’26SEK 318.20
SEK 335.00
+5.28%
7.46%SEK 360.00SEK 310.00n/a2
Mar ’26SEK 242.20
SEK 227.50
-6.07%
3.30%SEK 235.00SEK 220.00SEK 373.202
Feb ’26SEK 236.00
SEK 227.50
-3.60%
3.30%SEK 235.00SEK 220.00SEK 305.002
Jan ’26SEK 210.00
SEK 207.50
-1.19%
6.02%SEK 220.00SEK 195.00SEK 303.402
Dec ’25SEK 197.00
SEK 202.50
+2.79%
3.70%SEK 210.00SEK 195.00SEK 365.402
Nov ’25SEK 177.10
SEK 192.50
+8.70%
1.30%SEK 195.00SEK 190.00SEK 347.002
Oct ’25SEK 161.60
SEK 192.50
+19.12%
1.30%SEK 195.00SEK 190.00SEK 364.202
Sep ’25SEK 175.20
SEK 192.50
+9.87%
1.30%SEK 195.00SEK 190.00SEK 334.002
Aug ’25SEK 167.40
SEK 192.50
+14.99%
1.30%SEK 195.00SEK 190.00SEK 335.002
Jul ’25SEK 177.30
SEK 192.50
+8.57%
1.30%SEK 195.00SEK 190.00SEK 318.202
SEK 378.33
Fair Value
8.6% overvalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/17 17:31
End of Day Share Price 2026/04/17 00:00
Earnings2026/01/31
Annual Earnings2025/04/30

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

Clas Ohlson AB (publ) is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Niklas EkmanCarnegie Investment Bank AB
Niklas EkmanDNB Carnegie
Simen AasDNB Carnegie