BHG Group AB
STO:BHG

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BHG Group AB
STO:BHG
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Price: 19.82 SEK -3.88%
Market Cap: 3.6B SEK

Relative Value

The Relative Value of one BHG stock under the Base Case scenario is 44.25 SEK. Compared to the current market price of 19.82 SEK, BHG Group AB is Undervalued by 55%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BHG Relative Value
Base Case
44.25 SEK
Undervaluation 55%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
49
vs Industry
50
Median 3Y
0.3
Median 5Y
0.4
Industry
0.5
Forward
0.3
vs History
vs Industry
6
Median 3Y
-1.7
Median 5Y
10.1
Industry
15.9
Forward
19.9
vs History
39
vs Industry
41
Median 3Y
1.9
Median 5Y
3.8
Industry
7.5
vs History
6
vs Industry
6
Median 3Y
-3
Median 5Y
8.5
Industry
14.6
vs History
52
vs Industry
65
Median 3Y
0.5
Median 5Y
0.8
Industry
1.5
vs History
53
vs Industry
44
Median 3Y
0.5
Median 5Y
0.6
Industry
0.6
Forward
0.5
vs History
57
vs Industry
36
Median 3Y
1.9
Median 5Y
2.4
Industry
2.1
vs History
vs Industry
31
Median 3Y
-3.5
Median 5Y
16.8
Industry
8.1
Forward
6
vs History
vs Industry
Median 3Y
-11.4
Median 5Y
16.8
Industry
12
Forward
12.5
vs History
39
vs Industry
34
Median 3Y
3.2
Median 5Y
6.2
Industry
8.7
vs History
41
vs Industry
35
Median 3Y
3.6
Median 5Y
7.9
Industry
12.2
vs History
52
vs Industry
66
Median 3Y
0.5
Median 5Y
0.6
Industry
1

Multiples Across Competitors

BHG Competitors Multiples
BHG Group AB Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
SE
BHG Group AB
STO:BHG
3.6B SEK 0.4 -5.2 -11.7 -11.7
US
Amazon.com Inc
NASDAQ:AMZN
2T USD 3.2 34.2 16.4 29
ZA
Naspers Ltd
JSE:NPN
869.4B Zac 0 0 0 0
CN
Alibaba Group Holding Ltd
NYSE:BABA
248.8B USD 1.9 15.2 12 12
CN
Pinduoduo Inc
NASDAQ:PDD
130.8B USD 2.4 8.5 5.8 5.8
CN
Meituan
HKEX:3690
879.1B HKD 2.5 23.3 21.4 21.4
AR
Mercadolibre Inc
NASDAQ:MELI
100B USD 4.8 52.3 29.5 36.4
UY
MercadoLibre Inc
BMV:MELIN
1.9T MXN 4.6 50.1 28.2 34.8
NL
Prosus NV
AEX:PRX
88.7B EUR 16.5 12.4 2 427 2 427
US
DoorDash Inc
NASDAQ:DASH
79.1B USD 7.4 643.4 121.8 1 640
CN
JD.Com Inc
HKEX:9618
411.4B HKD 0.3 9.4 5.6 5.6
P/S Multiple
Revenue Growth P/S to Growth
SE
BHG Group AB
STO:BHG
Average P/S: 4.4
0.4
6%
0.1
US
Amazon.com Inc
NASDAQ:AMZN
3.2
11%
0.3
ZA
N
Naspers Ltd
JSE:NPN
Not Available
12%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
1.9
8%
0.2
CN
Pinduoduo Inc
NASDAQ:PDD
2.4
18%
0.1
CN
Meituan
HKEX:3690
2.5
15%
0.2
AR
Mercadolibre Inc
NASDAQ:MELI
4.8
23%
0.2
UY
MercadoLibre Inc
BMV:MELIN
4.6
23%
0.2
NL
Prosus NV
AEX:PRX
16.5
14%
1.2
US
D
DoorDash Inc
NASDAQ:DASH
7.4
20%
0.4
CN
JD.Com Inc
HKEX:9618
0.3
5%
0.1
P/E Multiple
Earnings Growth PEG
SE
BHG Group AB
STO:BHG
Average P/E: 94.3
Negative Multiple: -5.2
N/A N/A
US
Amazon.com Inc
NASDAQ:AMZN
34.2
20%
1.7
ZA
N
Naspers Ltd
JSE:NPN
Not Available
18%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
15.2
38%
0.4
CN
Pinduoduo Inc
NASDAQ:PDD
8.5
16%
0.5
CN
Meituan
HKEX:3690
23.3
28%
0.8
AR
Mercadolibre Inc
NASDAQ:MELI
52.3
32%
1.6
UY
MercadoLibre Inc
BMV:MELIN
50.1
32%
1.6
NL
Prosus NV
AEX:PRX
12.4
18%
0.7
US
D
DoorDash Inc
NASDAQ:DASH
643.4
173%
3.7
CN
JD.Com Inc
HKEX:9618
9.4
16%
0.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SE
BHG Group AB
STO:BHG
Average EV/EBITDA: 296.4
Negative Multiple: -11.7
N/A N/A
US
Amazon.com Inc
NASDAQ:AMZN
16.4
26%
0.6
ZA
N
Naspers Ltd
JSE:NPN
Not Available
202%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
12
17%
0.7
CN
Pinduoduo Inc
NASDAQ:PDD
5.8
8%
0.7
CN
Meituan
HKEX:3690
21.4
52%
0.4
AR
Mercadolibre Inc
NASDAQ:MELI
29.5
29%
1
UY
MercadoLibre Inc
BMV:MELIN
28.2
29%
1
NL
Prosus NV
AEX:PRX
2 427
N/A N/A
US
D
DoorDash Inc
NASDAQ:DASH
121.8
97%
1.3
CN
JD.Com Inc
HKEX:9618
5.6
26%
0.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SE
BHG Group AB
STO:BHG
Average EV/EBIT: 468
Negative Multiple: -11.7
N/A N/A
US
Amazon.com Inc
NASDAQ:AMZN
29
22%
1.3
ZA
N
Naspers Ltd
JSE:NPN
Not Available N/A N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
12
20%
0.6
CN
Pinduoduo Inc
NASDAQ:PDD
5.8
7%
0.8
CN
Meituan
HKEX:3690
21.4
29%
0.7
AR
Mercadolibre Inc
NASDAQ:MELI
36.4
33%
1.1
UY
MercadoLibre Inc
BMV:MELIN
34.8
33%
1.1
NL
Prosus NV
AEX:PRX
2 427
N/A N/A
US
D
DoorDash Inc
NASDAQ:DASH
1 640
298%
5.5
CN
JD.Com Inc
HKEX:9618
5.6
15%
0.4