Lyko Group AB (publ)

OM:LYKO A Stock Report

Market Cap: SEK 1.4b

Lyko Group Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: LYKO A (SEK93.6) is trading above our estimate of fair value (SEK80.13)

Significantly Below Fair Value: LYKO A is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LYKO A?

Key metric: As LYKO A is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for LYKO A. This is calculated by dividing LYKO A's market cap by their current revenue.
What is LYKO A's PS Ratio?
PS Ratio0.4x
SalesSEK 3.42b
Market CapSEK 1.43b

Price to Sales Ratio vs Peers

How does LYKO A's PS Ratio compare to its peers?

The above table shows the PS ratio for LYKO A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.7x
HAYPP Haypp Group
0.5x16.8%SEK 1.8b
BOKUS Bokusgruppen
0.4x7.7%SEK 738.1m
SYNSAM Synsam
1x8.9%SEK 6.6b
SODER Söder Sportfiske
0.9xn/aSEK 219.3m
LYKO A Lyko Group
0.4x13.1%SEK 1.4b

Price-To-Sales vs Peers: LYKO A is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (0.7x).

Price to Sales Ratio vs Industry

How does LYKO A's PS Ratio compare vs other companies in the SE Specialty Retail Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
ELON Elon
0.07xn/aUS$31.85m
DSNO Desenio Group
0.07xn/aUS$5.37m
ANIMA B Anima Group
0.08xn/aUS$95.30k
No more companies available in this PS range
LYKO A 0.4xIndustry Avg. 0.5xNo. of Companies5PS00.40.81.21.62+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: LYKO A is good value based on its Price-To-Sales Ratio (0.4x) compared to the Swedish Specialty Retail industry average (0.5x).

Price to Sales Ratio vs Fair Ratio

What is LYKO A's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LYKO A PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.4x
Fair PS Ratio0.7x

Price-To-Sales vs Fair Ratio: LYKO A is good value based on its Price-To-Sales Ratio (0.4x) compared to the estimated Fair Price-To-Sales Ratio (0.7x).

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 LYKO A forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 93.60
SEK 102.50
+9.5%
19.7%SEK 135.00SEK 80.00n/a4
Dec ’25SEK 86.60
SEK 102.50
+18.4%
19.7%SEK 135.00SEK 80.00n/a4
Nov ’25SEK 102.80
SEK 105.50
+2.6%
19.4%SEK 135.00SEK 80.00n/a4
Oct ’25SEK 115.80
SEK 110.50
-4.6%
16.6%SEK 140.00SEK 95.00n/a4
Sep ’25SEK 115.20
SEK 110.50
-4.1%
16.6%SEK 140.00SEK 95.00n/a4
Aug ’25SEK 117.80
SEK 100.67
-14.5%
8.0%SEK 112.00SEK 95.00n/a3
Jul ’25SEK 118.00
SEK 105.00
-11.0%
13.5%SEK 125.00SEK 95.00n/a3
Jun ’25SEK 129.60
SEK 110.00
-15.1%
19.3%SEK 140.00SEK 95.00n/a3
May ’25SEK 118.00
SEK 110.00
-6.8%
19.3%SEK 140.00SEK 95.00n/a3
Apr ’25SEK 144.00
SEK 116.00
-19.4%
7.3%SEK 128.00SEK 110.00n/a3
Mar ’25SEK 111.60
SEK 108.33
-2.9%
2.2%SEK 110.00SEK 105.00n/a3
Feb ’25SEK 107.00
SEK 111.67
+4.4%
2.1%SEK 115.00SEK 110.00n/a3
Jan ’25SEK 106.80
SEK 113.33
+6.1%
2.1%SEK 115.00SEK 110.00SEK 97.103
Dec ’24SEK 102.20
SEK 113.33
+10.9%
2.1%SEK 115.00SEK 110.00SEK 86.603
Nov ’24SEK 93.00
SEK 121.67
+30.8%
7.7%SEK 135.00SEK 115.00SEK 102.803
Oct ’24SEK 110.80
SEK 136.67
+23.3%
10.5%SEK 155.00SEK 120.00SEK 115.803
Sep ’24SEK 126.20
SEK 156.67
+24.1%
4.0%SEK 165.00SEK 150.00SEK 115.203
Aug ’24SEK 150.80
SEK 156.67
+3.9%
4.0%SEK 165.00SEK 150.00SEK 117.803
Jul ’24SEK 152.00
SEK 180.00
+18.4%
2.3%SEK 185.00SEK 175.00SEK 118.003
Jun ’24SEK 156.00
SEK 186.67
+19.7%
7.0%SEK 205.00SEK 175.00SEK 129.603
May ’24SEK 167.80
SEK 186.67
+11.2%
7.0%SEK 205.00SEK 175.00SEK 118.003
Apr ’24SEK 160.00
SEK 186.67
+16.7%
10.8%SEK 215.00SEK 170.00SEK 144.003
Mar ’24SEK 163.40
SEK 196.67
+20.4%
8.4%SEK 215.00SEK 175.00SEK 111.603
Feb ’24SEK 172.60
SEK 174.00
+0.8%
14.9%SEK 210.00SEK 150.00SEK 107.003
Jan ’24SEK 155.00
SEK 150.67
-2.8%
12.1%SEK 165.00SEK 125.00SEK 106.803

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 02:24
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Lyko Group AB (publ) is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ludvig KapanenABG Sundal Collier
Daniel SchmidtDanske Bank
Ebba Marie BjorklidDNB Markets