Hanza AB (publ)

OM:HANZA Stock Report

Market Cap: SEK 8.0b

Hanza Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 HANZA 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: HANZA (SEK127.6) is trading below our estimate of future cash flow value (SEK304.66)

Significantly Below Future Cash Flow Value: HANZA is trading below future cash flow value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for HANZA. This is calculated by dividing HANZA's market cap by their current earnings.
What is HANZA's PE Ratio?
PE Ratio24x
EarningsSEK 334.00m
Market CapSEK 8.01b

Price to Earnings Ratio vs Peers

How does HANZA's PE Ratio compare to its peers?

The above table shows the PE ratio for HANZA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36.2x
NOTE NOTE
16.1x18.59%SEK 4.3b
DYVOX Dynavox Group
38x31.15%SEK 6.8b
NCAB NCAB Group
59.6x23.53%SEK 13.9b
EPEN Ependion
30.8x26.37%SEK 4.8b
HANZA Hanza
24x25.40%SEK 8.0b

Price-To-Earnings vs Peers: HANZA is good value based on its Price-To-Earnings Ratio (24x) compared to the peer average (36.2x).

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 HANZA's PE Ratio compare vs other companies in the European Electronic Industry?

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
HANZA 24.0xIndustry Avg. 20.7xNo. of Companies16PE01632486480+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HANZA is expensive based on its Price-To-Earnings Ratio (24x) compared to the European Electronic industry average (20.7x).

Price to Earnings Ratio vs Fair Ratio

What is HANZA'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.

HANZA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24x
Fair PE Ratio37.2x

Price-To-Earnings vs Fair Ratio: HANZA is good value based on its Price-To-Earnings Ratio (24x) compared to the estimated Fair Price-To-Earnings Ratio (37.2x).

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 HANZA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 127.60
SEK 176.75
+38.52%
4.10%SEK 184.00SEK 169.50n/a2
Jul ’27SEK 139.80
SEK 176.75
+26.43%
4.10%SEK 184.00SEK 169.50n/a2
Jun ’27SEK 173.80
SEK 175.25
+0.83%
7.85%SEK 189.00SEK 161.50n/a2
May ’27SEK 136.20
SEK 160.50
+17.84%
7.17%SEK 172.00SEK 149.00n/a2
Apr ’27SEK 154.00
SEK 160.33
+4.11%
5.86%SEK 172.00SEK 149.00n/a3
Mar ’27SEK 156.00
SEK 149.00
-4.49%
5.56%SEK 160.00SEK 140.00n/a3
Feb ’27SEK 139.00
SEK 121.88
-12.32%
21.82%SEK 149.00SEK 80.00n/a4
Jan ’27SEK 127.20
SEK 120.25
-5.46%
22.41%SEK 149.00SEK 80.00n/a4
Dec ’26SEK 118.80
SEK 120.25
+1.22%
22.41%SEK 149.00SEK 80.00n/a4
Nov ’26SEK 131.20
SEK 120.25
-8.35%
22.41%SEK 149.00SEK 80.00n/a4
Oct ’26SEK 103.60
SEK 107.33
+3.60%
19.26%SEK 130.00SEK 80.00n/a3
Sep ’26SEK 113.40
SEK 104.88
-7.52%
16.43%SEK 125.00SEK 80.00n/a4
Aug ’26SEK 111.40
SEK 104.88
-5.86%
16.43%SEK 125.00SEK 80.00n/a4
Jul ’26SEK 88.90
SEK 88.50
-0.45%
9.74%SEK 99.00SEK 80.00SEK 139.804
Jun ’26SEK 80.70
SEK 85.00
+5.33%
8.32%SEK 95.00SEK 80.00SEK 173.803
May ’26SEK 72.10
SEK 85.67
+18.82%
7.76%SEK 95.00SEK 80.00SEK 136.203
Apr ’26SEK 72.95
SEK 85.67
+17.43%
7.76%SEK 95.00SEK 80.00SEK 154.003
Mar ’26SEK 80.85
SEK 87.33
+8.02%
10.30%SEK 100.00SEK 80.00SEK 156.003
Feb ’26SEK 80.70
SEK 85.00
+5.33%
10.42%SEK 100.00SEK 77.00SEK 139.004
Jan ’26SEK 76.70
SEK 81.88
+6.75%
9.96%SEK 95.00SEK 73.50SEK 127.204
Dec ’25SEK 66.75
SEK 80.13
+20.04%
10.83%SEK 95.00SEK 73.50SEK 118.804
Nov ’25SEK 69.45
SEK 80.13
+15.37%
10.83%SEK 95.00SEK 73.50SEK 131.204
Oct ’25SEK 53.40
SEK 79.13
+48.17%
11.86%SEK 95.00SEK 71.50SEK 103.604
Sep ’25SEK 64.55
SEK 82.25
+27.42%
12.73%SEK 100.00SEK 73.00SEK 113.404
Aug ’25SEK 59.00
SEK 82.25
+39.41%
12.73%SEK 100.00SEK 73.00SEK 111.404
Jul ’25SEK 63.85
SEK 86.25
+35.08%
11.81%SEK 100.00SEK 73.00SEK 88.904
SEK 176.75
Fair Value
27.8% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/10 23:32
End of Day Share Price 2026/07/10 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

Hanza AB (publ) is covered by 8 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
Adrian Gilani GöranssonABG Sundal Collier Sponsored
Johan WettergrenDNB Carnegie Commissioned Research
Anders AkerblomNordea Markets