HMS Networks Valuation
Is HMS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of HMS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: HMS (SEK394.2) is trading below our estimate of fair value (SEK408.54)
Significantly Below Fair Value: HMS is trading below fair value, but not by a significant amount.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for HMS?
Other financial metrics that can be useful for relative valuation.
| What is HMS's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | SEK 19.78b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 7.4x |
| Enterprise Value/EBITDA | 29.1x |
| PEG Ratio | 1.8x |
Price to Earnings Ratio vs Peers
How does HMS's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 37.4x | ||
NETI B Net Insight | 35x | 23.5% | SEK 2.2b |
LUMEN LumenRadio | 45x | n/a | SEK 1.4b |
MAVEN Maven Wireless Sweden | 21x | 14.1% | SEK 695.6m |
TAGM B TagMaster | 48.5x | n/a | SEK 249.0m |
HMS HMS Networks | 46.8x | 26.3% | SEK 19.8b |
Price-To-Earnings vs Peers: HMS is expensive based on its Price-To-Earnings Ratio (46.8x) compared to the peer average (37.4x).
Price to Earnings Ratio vs Industry
How does HMS's PE Ratio compare vs other companies in the European Communications Industry?
Price-To-Earnings vs Industry: HMS is expensive based on its Price-To-Earnings Ratio (46.8x) compared to the European Communications industry average (23.8x).
Price to Earnings Ratio vs Fair Ratio
What is HMS'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 46.8x |
| Fair PE Ratio | 32.9x |
Price-To-Earnings vs Fair Ratio: HMS is expensive based on its Price-To-Earnings Ratio (46.8x) compared to the estimated Fair Price-To-Earnings Ratio (32.9x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | SEK 394.20 | SEK 512.50 +30.0% | 3.4% | SEK 530.00 | SEK 495.00 | n/a | 2 |
| Jul ’25 | SEK 426.20 | SEK 515.00 +20.8% | 3.9% | SEK 535.00 | SEK 495.00 | n/a | 2 |
| Jun ’25 | SEK 454.20 | SEK 517.50 +13.9% | 4.3% | SEK 540.00 | SEK 495.00 | n/a | 2 |
| May ’25 | SEK 413.60 | SEK 517.50 +25.1% | 4.3% | SEK 540.00 | SEK 495.00 | n/a | 2 |
| Apr ’25 | SEK 463.60 | SEK 472.50 +1.9% | 4.8% | SEK 495.00 | SEK 450.00 | n/a | 2 |
| Mar ’25 | SEK 465.80 | SEK 472.50 +1.4% | 4.8% | SEK 495.00 | SEK 450.00 | n/a | 2 |
| Feb ’25 | SEK 469.00 | SEK 472.50 +0.7% | 4.8% | SEK 495.00 | SEK 450.00 | n/a | 2 |
| Jan ’25 | SEK 497.40 | SEK 425.00 -14.6% | 7.1% | SEK 455.00 | SEK 395.00 | n/a | 2 |
| Dec ’24 | SEK 429.60 | SEK 425.00 -1.1% | 7.1% | SEK 455.00 | SEK 395.00 | n/a | 2 |
| Nov ’24 | SEK 366.20 | SEK 450.00 +22.9% | 9.6% | SEK 500.00 | SEK 395.00 | n/a | 3 |
| Oct ’24 | SEK 400.00 | SEK 476.67 +19.2% | 3.9% | SEK 500.00 | SEK 455.00 | n/a | 3 |
| Sep ’24 | SEK 435.40 | SEK 485.00 +11.4% | 4.4% | SEK 500.00 | SEK 455.00 | n/a | 3 |
| Aug ’24 | SEK 427.80 | SEK 485.00 +13.4% | 4.4% | SEK 500.00 | SEK 455.00 | n/a | 3 |
| Jul ’24 | SEK 528.00 | SEK 492.00 -6.8% | 5.3% | SEK 515.00 | SEK 448.00 | SEK 426.20 | 4 |
| Jun ’24 | SEK 499.40 | SEK 471.67 -5.6% | 4.3% | SEK 500.00 | SEK 455.00 | SEK 454.20 | 3 |
| May ’24 | SEK 476.40 | SEK 471.67 -1.0% | 4.3% | SEK 500.00 | SEK 455.00 | SEK 413.60 | 3 |
| Apr ’24 | SEK 423.40 | SEK 426.67 +0.8% | 12.5% | SEK 500.00 | SEK 375.00 | SEK 463.60 | 3 |
| Mar ’24 | SEK 419.00 | SEK 426.67 +1.8% | 12.5% | SEK 500.00 | SEK 375.00 | SEK 465.80 | 3 |
| Feb ’24 | SEK 406.00 | SEK 426.67 +5.1% | 12.5% | SEK 500.00 | SEK 375.00 | SEK 469.00 | 3 |
| Jan ’24 | SEK 339.60 | SEK 398.33 +17.3% | 18.9% | SEK 500.00 | SEK 320.00 | SEK 497.40 | 3 |
| Dec ’23 | SEK 324.40 | SEK 376.67 +16.1% | 23.2% | SEK 500.00 | SEK 310.00 | SEK 429.60 | 3 |
| Nov ’23 | SEK 284.20 | SEK 376.67 +32.5% | 23.2% | SEK 500.00 | SEK 310.00 | SEK 366.20 | 3 |
| Oct ’23 | SEK 301.60 | SEK 453.33 +50.3% | 10.9% | SEK 500.00 | SEK 385.00 | SEK 400.00 | 3 |
| Sep ’23 | SEK 378.20 | SEK 478.33 +26.5% | 3.4% | SEK 500.00 | SEK 460.00 | SEK 435.40 | 3 |
| Aug ’23 | SEK 481.60 | SEK 478.33 -0.7% | 3.4% | SEK 500.00 | SEK 460.00 | SEK 427.80 | 3 |
| Jul ’23 | SEK 437.60 | SEK 477.50 +9.1% | 4.8% | SEK 500.00 | SEK 450.00 | SEK 528.00 | 4 |
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.