Haypp Group AB (publ)

OM:HAYPP Stock Report

Market Cap: SEK 4.3b

Haypp Group Management

Management criteria checks 2/4

Haypp Group's CEO is Gavin O'Dowd, appointed in Sep 2017, has a tenure of 8.75 years. total yearly compensation is SEK5.32M, comprised of 56.4% salary and 43.6% bonuses, including company stock and options. directly owns 2.71% of the company’s shares, worth SEK115.24M. The average tenure of the management team and the board of directors is 3 years and 2.1 years respectively.

Key information

Gavin O'Dowd

Chief executive officer

SEK 5.3m

Total compensation

CEO salary percentage56.38%
CEO tenure8.8yrs
CEO ownership2.7%
Management average tenure3yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

Narrative Update Jun 09

HAYPP: Broader E Commerce Push Will Likely Pressure Future Return Potential

Analysts have raised their price target on Haypp Group from SEK 115 to SEK 120, citing updated assumptions that include a lower discount rate, slightly adjusted revenue growth expectations, higher projected profit margins and a reduced future P/E multiple. What's in the News Haypp Group has called its Annual General Meeting for May 20, 2026, with a proposal to amend § 3 of the Articles of Association to remove the current geographical restriction to the Nordic region.
Narrative Update May 26

HAYPP: Broader E Commerce Mandate And US Approval Will Shape Balanced Outlook

Analysts keep the Haypp Group fair value estimate steady at SEK 157.75 per share, with a slightly lower discount rate and a modestly higher assumed future P/E of about 20x. This reflects updated views on the risk profile and earnings multiple rather than a change in the SEK target level.
Narrative Update May 12

HAYPP: Expanded E Commerce Scope And US Approvals Will Drive Long Term Upside

Analysts have raised the price target for Haypp Group to SEK157.75 from SEK140, citing updated assumptions that include different revenue growth, profit margin, and future P/E expectations, along with a slightly adjusted discount rate. What's in the News Haypp Group AB has called its Annual General Meeting for May 20, 2026, to vote on an amendment to § 3 of the Articles of Association that would remove the geographical restriction to the Nordic region and clarify that the company invests in e commerce companies and related activities (Key Developments).
Analysis Article May 11

Earnings Miss: Haypp Group AB (publ) Missed EPS By 70% And Analysts Are Revising Their Forecasts

It's been a good week for Haypp Group AB (publ) ( STO:HAYPP ) shareholders, because the company has just released its...
Narrative Update Apr 21

HAYPP: Lower Margin Outlook Will Weigh On Future Return Potential

Analysts now set their Haypp Group price target at SEK115, down from SEK120, reflecting updated views on the discount rate, revenue growth, profit margin and forward P/E assumptions. What's in the News Haypp Group has called its Annual General Meeting for May 20, 2026, where shareholders will vote on an amendment to § 3 of the Articles of Association to remove the geographical restriction to the Nordic region from the company’s business object.
Narrative Update Apr 06

HAYPP: US Nicotine Pouch Approvals Will Support Long Term Upside

Analysts have reduced their fair value estimate for Haypp Group from SEK150 to SEK140. A higher discount rate and a slightly lower future P/E assumption more than offset their unchanged views on revenue growth and profit margin potential.
Narrative Update Mar 23

HAYPP: Steady Assumptions And Slightly Lower Risk Will Support Upside

Analysts are keeping their SEK 150 price target for Haypp Group unchanged, with only small tweaks to inputs such as the discount rate and assumed future P/E multiple to reflect refreshed model assumptions rather than a shift in the overall view. Valuation Changes Fair Value: SEK 150 remains unchanged, indicating no adjustment to the overall price target level.
Narrative Update Mar 09

HAYPP: Refined Assumptions Will Support Attractive Upside At Existing Fair Value

Analysts have kept their SEK 150.0 price target for Haypp Group unchanged, citing largely consistent assumptions on the discount rate, revenue growth, profit margin and future P/E multiples. Valuation Changes Fair Value: SEK 150.0 remains unchanged, indicating no revision to the central valuation estimate.
Narrative Update Feb 23

HAYPP: Refreshed Assumptions Will Support Attractive Upside At New Fair Value

Analysts now set their price target for Haypp Group at SEK150, trimmed from about SEK157, as they refresh assumptions around revenue growth, profit margins, the discount rate and future P/E levels in their models. Valuation Changes Fair Value: Trimmed from SEK156.67 to SEK150.00, a reduction of around 4% in the central estimate.
Narrative Update Feb 09

HAYPP: Higher Discount Rate Will Still Support Attractive Future Upside

Analysts have trimmed their price target for Haypp Group from SEK 175 to about SEK 156.67, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples that modestly reshape the risk and return profile they see for the stock. Valuation Changes Fair Value: Revised from SEK 175.00 to about SEK 156.67, representing a modest reduction in the central valuation estimate.
Narrative Update Jan 25

HAYPP: Future Revenue Mix And Margins Will Support Measured Outlook

Analysts now place Haypp Group's fair value at SEK120, down from SEK130. This reflects slightly adjusted assumptions around revenue growth, profit margins, the discount rate and future P/E multiples in their updated models.
Analysis Article Jan 20

The Price Is Right For Haypp Group AB (publ) (STO:HAYPP)

With a price-to-earnings (or "P/E") ratio of 62.5x Haypp Group AB (publ) ( STO:HAYPP ) may be sending very bearish...
Narrative Update Jan 11

HAYPP: Future Margins And Revenue Mix Will Maintain Balanced Outlook

Analysts have lowered their price target on Haypp Group from €150 to €130, citing updates to their models that now reflect a slightly higher discount rate, more conservative assumptions for revenue growth and profit margins, and a marginally higher future P/E multiple. Valuation Changes Fair Value: Price target reduced from €150 to €130, a cut of €20 per share.
Narrative Update Dec 26

HAYPP: Future Margins And Revenue Mix Will Support Balanced Outlook

Narrative Update Analysts have modestly raised their price target on Haypp Group, citing slightly stronger expected revenue growth, a marginally higher profit margin, and a lower future P/E multiple. Together, these factors support an improved intrinsic value estimate in the SEK 150.00 range.
Narrative Update Dec 12

HAYPP: Future Margins And Revenue Mix Expected To Support Balanced Outlook

Analysts have raised their price target on Haypp Group from SEK 130 to SEK 150, citing stronger expectations for revenue growth and profit margins, despite a slightly higher discount rate and a modestly lower future P/E multiple. Valuation Changes Fair Value: Increased from SEK 130 to SEK 150, representing a moderate upward revision in the target valuation.
Analysis Article Sep 09

Why Investors Shouldn't Be Surprised By Haypp Group AB (publ)'s (STO:HAYPP) 26% Share Price Surge

Despite an already strong run, Haypp Group AB (publ) ( STO:HAYPP ) shares have been powering on, with a gain of 26% in...
Narrative Update Aug 21

Digital Retail Expansion And Smokeless Trends Will Drive Market Success

The significant upward revision in Haypp Group's consensus analyst price target is primarily driven by a marked increase in the Future P/E multiple, with the fair value moving from SEK146.67 to SEK175.00. What's in the News Haypp Group partnered with Veratad Technologies to implement advanced compliance and age verification solutions on its U.S. platforms Nicokick.com and Northerner.com, enhancing regulatory compliance and youth access prevention in the nicotine pouch category.
Analysis Article Aug 10

kr147 - That's What Analysts Think Haypp Group AB (publ) (STO:HAYPP) Is Worth After These Results

Last week, you might have seen that Haypp Group AB (publ) ( STO:HAYPP ) released its quarterly result to the market...
Analysis Article Jul 02

Investors Appear Satisfied With Haypp Group AB (publ)'s (STO:HAYPP) Prospects As Shares Rocket 26%

Haypp Group AB (publ) ( STO:HAYPP ) shares have continued their recent momentum with a 26% gain in the last month...
Analysis Article May 08

Haypp Group AB (publ) (STO:HAYPP) Stocks Shoot Up 33% But Its P/E Still Looks Reasonable

Haypp Group AB (publ) ( STO:HAYPP ) shares have continued their recent momentum with a 33% gain in the last month...
Analysis Article Apr 04

Does Haypp Group (STO:HAYPP) Deserve A Spot On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
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New Narrative Feb 21

Investment In New US Warehouse And V3 Site Will Improve Future Operational Efficiency

Haypp Group's new U.S. market products and regulatory approvals suggest strong revenue growth and market stability.
Analysis Article Feb 07

Market Might Still Lack Some Conviction On Haypp Group AB (publ) (STO:HAYPP) Even After 27% Share Price Boost

Haypp Group AB (publ) ( STO:HAYPP ) shareholders have had their patience rewarded with a 27% share price jump in the...
Analysis Article Feb 06

Haypp Group (STO:HAYPP) Shareholders Will Want The ROCE Trajectory To Continue

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Jan 16

Is Haypp Group AB (publ) (STO:HAYPP) Potentially Undervalued?

While Haypp Group AB (publ) ( STO:HAYPP ) might not have the largest market cap around , it led the OM gainers with a...
Analysis Article Nov 12

Why We're Not Concerned Yet About Haypp Group AB (publ)'s (STO:HAYPP) 27% Share Price Plunge

To the annoyance of some shareholders, Haypp Group AB (publ) ( STO:HAYPP ) shares are down a considerable 27% in the...
Analysis Article Sep 17

Slammed 26% Haypp Group AB (publ) (STO:HAYPP) Screens Well Here But There Might Be A Catch

The Haypp Group AB (publ) ( STO:HAYPP ) share price has softened a substantial 26% over the previous 30 days, handing...
Analysis Article Jul 23

Haypp Group AB (publ)'s (STO:HAYPP) Shares Leap 25% Yet They're Still Not Telling The Full Story

Haypp Group AB (publ) ( STO:HAYPP ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Mar 30

Market Might Still Lack Some Conviction On Haypp Group AB (publ) (STO:HAYPP) Even After 26% Share Price Boost

Haypp Group AB (publ) ( STO:HAYPP ) shares have continued their recent momentum with a 26% gain in the last month...
Analysis Article Feb 04

The Market Lifts Haypp Group AB (publ) (STO:HAYPP) Shares 31% But It Can Do More

Haypp Group AB (publ) ( STO:HAYPP ) shares have continued their recent momentum with a 31% gain in the last month...
Analysis Article Nov 30

Haypp Group AB (publ) (STO:HAYPP) Screens Well But There Might Be A Catch

There wouldn't be many who think Haypp Group AB (publ)'s ( STO:HAYPP ) price-to-sales (or "P/S") ratio of 0.5x is worth...
Analysis Article Oct 04

Returns At Haypp Group (STO:HAYPP) Are On The Way Up

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Jun 01

There's Been No Shortage Of Growth Recently For Haypp Group's (STO:HAYPP) Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Analysis Article Feb 23

Haypp Group's (STO:HAYPP) Earnings Are Weaker Than They Seem

Haypp Group AB (publ) ( STO:HAYPP ) announced strong profits, but the stock was stagnant. We did some digging, and we...

CEO Compensation Analysis

How has Gavin O'Dowd's remuneration changed compared to Haypp Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

SEK 17m

Dec 31 2025SEK 5mSEK 3m

SEK 42m

Sep 30 2025n/an/a

SEK 59m

Jun 30 2025n/an/a

SEK 71m

Mar 31 2025n/an/a

SEK 63m

Dec 31 2024SEK 4mSEK 3m

SEK 45m

Sep 30 2024n/an/a

SEK 27m

Jun 30 2024n/an/a

SEK 16m

Mar 31 2024n/an/a

SEK 16m

Dec 31 2023n/an/a

SEK 5m

Sep 30 2023n/an/a

SEK 13m

Jun 30 2023n/an/a

SEK 13m

Mar 31 2023n/an/a

SEK 23m

Dec 31 2022n/an/a

SEK 20m

Sep 30 2022n/an/a

SEK 3m

Jun 30 2022n/an/a

-SEK 10m

Mar 31 2022n/an/a

-SEK 29m

Dec 31 2021n/an/a

-SEK 28m

Sep 30 2021n/an/a

-SEK 38m

Jun 30 2021n/an/a

-SEK 26m

Mar 31 2021n/an/a

-SEK 23m

Dec 31 2020SEK 2mSEK 1m

-SEK 28m

Compensation vs Market: Gavin's total compensation ($USD563.66K) is about average for companies of similar size in the Swedish market ($USD698.32K).

Compensation vs Earnings: Gavin's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Gavin O'Dowd (48 yo)

8.8yrs
Tenure
SEK 5,321,000
Compensation

Mr. Gavin O'Dowd has been the Chief Executive Officer at Haypp Group AB since September 2017 and also serves as its President. Mr. O'Dowd joined the Haypp Group AB (publ) in September 2017. He was the Chai...


Leadership Team

NamePositionTenureCompensationOwnership
Gavin O'Dowd
President & CEO8.8yrsSEK 5.32m2.71%
SEK 115.2m
Peter Deli
Chief Financial Officer3.1yrsno datano data
Jonas Kolehmainen
Deputy CEO & COO4.4yrsno datano data
Erik Bloomquist
Head of Investor Relationsno datano datano data
Markus Lindblad
Global Head of Legal & External Affairs2.8yrsno datano data
Hans van Eijk
Chief Marketing Officer5.3yrsno datano data
Svante Andersson
President of the UK Business & Deputy CEOless than a yearno datano data
Johan Hansson
Chief Partnerships Officer8.2yrsno datano data
Gabriel De Prado
President of the US Businessless than a yearno datano data
Issa Abuaita
Head of Legal of USless than a yearno datano data
Peter Grafstrom
Senior VP of Partnership & Growth Opportunities1.4yrsno datano data
3.0yrs
Average Tenure
48yo
Average Age

Experienced Management: HAYPP's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
B. Jarnheimer
Independent Chairman of the Board1.1yrsSEK 538.00kno data
Adam Schatz
Independent Director2.1yrsSEK 468.00kno data
Linus Liljegren
Director10.4yrsno datano data
Patrik Rees
Director10.4yrsSEK 427.00kno data
Deepak Mishra
Independent Director2.1yrsSEK 427.00kno data
Helena Pink
Director1.1yrsSEK 269.00kno data
2.1yrs
Average Tenure
55yo
Average Age

Experienced Board: HAYPP's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/11 14:14
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

Haypp Group 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
Morayo AdesinaBarclays
Gaurav JainBarclays
Pallav MittalBarclays