Hemnet Group AB (publ)
STO:HEM

Watchlist Manager
Hemnet Group AB (publ) Logo
Hemnet Group AB (publ)
STO:HEM
Watchlist
Price: 325.8 SEK 1.5% Market Closed
Market Cap: 29.7B SEK
Have any thoughts about
Hemnet Group AB (publ)?
Write Note

Intrinsic Value

The intrinsic value of one HEM stock under the Base Case scenario is 156.33 SEK. Compared to the current market price of 325.8 SEK, Hemnet Group AB (publ) is Overvalued by 52%.

The Intrinsic Value is calculated as the average of DCF and Relative values:

HEM Intrinsic Value
156.33 SEK
Overvaluation 52%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
Hemnet Group AB (publ)

Backtest Intrinsic Value
Dive into the past to invest in the future

Uncover deeper insights with the Valuation Backtest. Learn how current stock valuations stack up against historical averages to gauge true investment potential.

Start backtest now and learn if your stock is truly undervalued or overvalued!

Run Backtest
Backtest Conclusion
Very Attractive
Current Valuation
+45%
Avg Valuation
-12%
Worst Valuation
-49%
Best Valuation
+45%

Stock is trading at its lowest valuation over the past 5 years.

Backtest Example
Register to View Results
Register to View Results

To access the results of this valuation backtest, please register an account with us. Registration is quick and gives you instant access to insights on 3 stocks per week for free.

Backtest Unavailable

The backtest for HEM cannot be conducted due to limitations such as insufficient data or other constraints. Please select a different stock or adjust your settings.

Backtest In Progress...
Backtest In Progress...
How do you feel about HEM?
Bearish
Neutral
Bullish

Fundamental Analysis

Economic Moat
Hemnet Group AB (publ)

Company Quality
No Indicators Selected
Select Indicators

Select up to 3 indicators:

Insider Trading
0-3
Months
0-6
Months
0-12
Months
0-36
Months
No Periods Selected
Select Periods

Select up to 2 periods:

Investment Journal
AI Assistant
AI Assistant
Ask me anything about Hemnet Group AB (publ)

Provide an overview of the primary business activities
of Hemnet Group AB (publ).

What unique competitive advantages
does Hemnet Group AB (publ) hold over its rivals?

What risks and challenges
does Hemnet Group AB (publ) face in the near future?

Has there been any significant insider trading activity
in Hemnet Group AB (publ) recently?

Summarize the latest earnings call
of Hemnet Group AB (publ).

Is it considered overvalued or undervalued
based on the latest financial data?

Show all valuation multiples
for Hemnet Group AB (publ).

Provide P/S
for Hemnet Group AB (publ).

Provide P/E
for Hemnet Group AB (publ).

Provide P/OCF
for Hemnet Group AB (publ).

Provide P/FCFE
for Hemnet Group AB (publ).

Provide P/B
for Hemnet Group AB (publ).

Provide EV/S
for Hemnet Group AB (publ).

Provide EV/GP
for Hemnet Group AB (publ).

Provide EV/EBITDA
for Hemnet Group AB (publ).

Provide EV/EBIT
for Hemnet Group AB (publ).

Provide EV/OCF
for Hemnet Group AB (publ).

Provide EV/FCFF
for Hemnet Group AB (publ).

Provide EV/IC
for Hemnet Group AB (publ).

Show me price targets
for Hemnet Group AB (publ) made by professional analysts.

What are the Revenue projections
for Hemnet Group AB (publ)?

How accurate were the past Revenue estimates
for Hemnet Group AB (publ)?

What are the Net Income projections
for Hemnet Group AB (publ)?

How accurate were the past Net Income estimates
for Hemnet Group AB (publ)?

What are the EPS projections
for Hemnet Group AB (publ)?

How accurate were the past EPS estimates
for Hemnet Group AB (publ)?

What are the EBIT projections
for Hemnet Group AB (publ)?

How accurate were the past EBIT estimates
for Hemnet Group AB (publ)?

Compare the revenue forecasts
for Hemnet Group AB (publ) with those of its competitors based on recent analyst estimates.

Compare the intrinsic valuations
of Hemnet Group AB (publ) and its key competitors using the latest financial data.

Compare historical revenue growth rates
of Hemnet Group AB (publ) against its competitors.

Analyze the profit margins
(gross, operating, and net) of Hemnet Group AB (publ) compared to its peers.

Compare the P/E ratios
of Hemnet Group AB (publ) against its peers.

Discuss the investment returns and shareholder value creation
comparing Hemnet Group AB (publ) with its peers.

Analyze the financial leverage
of Hemnet Group AB (publ) compared to its main competitors.

Show all profitability ratios
for Hemnet Group AB (publ).

Provide ROE
for Hemnet Group AB (publ).

Provide ROA
for Hemnet Group AB (publ).

Provide ROIC
for Hemnet Group AB (publ).

Provide ROCE
for Hemnet Group AB (publ).

Provide Gross Margin
for Hemnet Group AB (publ).

Provide Operating Margin
for Hemnet Group AB (publ).

Provide Net Margin
for Hemnet Group AB (publ).

Provide FCF Margin
for Hemnet Group AB (publ).

Show all solvency ratios
for Hemnet Group AB (publ).

Provide D/E Ratio
for Hemnet Group AB (publ).

Provide D/A Ratio
for Hemnet Group AB (publ).

Provide Interest Coverage Ratio
for Hemnet Group AB (publ).

Provide Altman Z-Score Ratio
for Hemnet Group AB (publ).

Provide Quick Ratio
for Hemnet Group AB (publ).

Provide Current Ratio
for Hemnet Group AB (publ).

Provide Cash Ratio
for Hemnet Group AB (publ).

What is the historical Revenue growth
over the last 5 years for Hemnet Group AB (publ)?

What is the historical Net Income growth
over the last 5 years for Hemnet Group AB (publ)?

What is the current Free Cash Flow
of Hemnet Group AB (publ)?

Discuss the annual earnings per share (EPS)
trend over the past five years for Hemnet Group AB (publ).

Financials
Annual
Quarterly
TTM
Annual
Quarterly
TTM

Balance Sheet Decomposition
Hemnet Group AB (publ)

Current Assets 416.1m
Cash & Short-Term Investments 145.1m
Receivables 271m
Non-Current Assets 1.9B
PP&E 36.7m
Intangibles 1.6B
Other Non-Current Assets 297.2m
Current Liabilities 329.8m
Accrued Liabilities 236.7m
Other Current Liabilities 93.1m
Non-Current Liabilities 771.2m
Long-Term Debt 574.8m
Other Non-Current Liabilities 196.4m
Efficiency

Earnings Waterfall
Hemnet Group AB (publ)

Revenue
1.3B SEK
Cost of Revenue
-75m SEK
Gross Profit
1.2B SEK
Operating Expenses
-629.3m SEK
Operating Income
601.7m SEK
Other Expenses
-145.9m SEK
Net Income
455.8m SEK

Free Cash Flow Analysis
Hemnet Group AB (publ)

Last Value
3-Years Average
FCF Margin
Conversion Rate
Earnings Calls

In Q3 2024, Hemnet Group achieved impressive results, with net sales rising 37% to SEK 372 million, driven by a 46% increase in property sales revenue. The Average Revenue Per Listing (ARPL) surged 42% year-on-year, thanks to a successful new compensation model for agents that boosted conversions. Hemnet's EBITDA grew 33% to SEK 208 million, with a 55.8% EBITDA margin. The company is optimistic about expanding its product offerings in response to increasing seller demand. Additionally, a share buyback program of SEK 450 million is ongoing, reflecting strong cash flow positioned to reach SEK 600 million imminently.

What is Earnings Call?
Fundamental Scores

HEM Profitability Score
Profitability Due Diligence

Hemnet Group AB (publ)'s profitability score is 78/100. The higher the profitability score, the more profitable the company is.

78/100
Profitability
Score

Hemnet Group AB (publ)'s profitability score is 78/100. The higher the profitability score, the more profitable the company is.

HEM Solvency Score
Solvency Due Diligence

Hemnet Group AB (publ)'s solvency score is 63/100. The higher the solvency score, the more solvent the company is.

High Altman Z-Score
Low D/E
Long-Term Solvency
Short-Term Solvency
63/100
Solvency
Score

Hemnet Group AB (publ)'s solvency score is 63/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

HEM Price Targets Summary
Hemnet Group AB (publ)

Wall Street analysts forecast HEM stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for HEM is 421.45 SEK with a low forecast of 375.72 SEK and a high forecast of 472.5 SEK.

Lowest
Price Target
375.72 SEK
15% Upside
Average
Price Target
421.45 SEK
29% Upside
Highest
Price Target
472.5 SEK
45% Upside
View Analyst Estimates
View Analyst Estimates
Want to learn more about Wall St estimates for HEM?

Click here to dive deeper.

Dividends

Dividend Yield
Lowest
Average
Highest
Dividend Per Share
N/A
Growth 3Y
Growth 5Y
Growth 10Y
Dividend Safety Score
Very
Unsafe
Unsafe
Safe
Very
Safe
0
25
50
75
100
Shareholder Yield

Current shareholder yield for HEM is .

Shareholder yield represents the total return a company provides to its shareholders, calculated as the sum of dividend yield, buyback yield, and debt paydown yield. What is shareholder yield?

Shareholder Yield
Dividend Yield
Lowest
Average
Highest
Buyback Yield
Lowest
Average
Highest
Debt Paydown Yield
Lowest
Average
Highest

Ownership

HEM Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

Profile

Hemnet Group AB (publ) Logo
Hemnet Group AB (publ)

Country

Sweden

Industry

Media

Market Cap

31.2B SEK

Dividend Yield

0.37%

Description

Hemnet Group AB operates as an online property platform. The company is headquartered in Stockholm, Stockholm. The company went IPO on 2021-04-27. The Company’s business model is based on platforms, applications, and Internet Websites. By offering a combination of products, insights and inspiration, Hemnet develops lasting relationships with buyers, sellers and real estate agents. Hemnet Group’s focus is on developing smart and intuitive tools that help visitors navigate virtually among all of Sweden’s available supply of housing for sale, while creating engagement through data, informative articles and individually tailored monitoring. The firm's network effect is based on housing sellers and real estate agents benefit from the fact that more home buyers are on Hemnet, at the same time as home buyers conversely benefit from more home sellers and real estate agents are available on the platform.

Contact

STOCKHOLM
Stockholm
C/O Hemnet Ab, Klarabergsgatan 60, 3rd Floor
+46775170000
www.hemnetgroup.se

IPO

2021-04-27

Employees

124

Officers

Chief Executive Officer
Ms. Cecilia Beck-Friis
Chief Financial Officer
Mr. Anders Ornulf
Chief Operating Officer
Ms. Lisa Farrar
IR Manager & Head of Corporate Development
Mr. Nick Lundvall
General Counsel
Anna Forseback
Chief Communication & Brand Officer
Ms. Jessica Sjoberg
Show More
Chief People & Culture Officer
Anna Kempe
Head of PR
Staffan Tell
Show Less

See Also

Discover More
What is the Intrinsic Value of one HEM stock?

The intrinsic value of one HEM stock under the Base Case scenario is 156.33 SEK.

Is HEM stock undervalued or overvalued?

Compared to the current market price of 325.8 SEK, Hemnet Group AB (publ) is Overvalued by 52%.

Back to Top