New Wave Group AB (STO:NEWA B)

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Price: 96 SEK -0.31%

Market Cap: 12.7B SEK

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Section:

Relative Value

The Relative Value of one NEWA B stock under the Base Case scenario is 115.07 SEK. Compared to the current market price of 96 SEK, New Wave Group AB is Undervalued by 17%.

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.

What is Relative Valuation?

How is Relative Value calculated?

NEWA B Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

1.3

P/S

vs History	19
vs Industry	30

Median 5Y

0.7

Industry

Forward

1.3

More Details

14.1

P/E

vs History	12
vs Industry	40

Median 5Y

6.7

Industry

18.7

Forward

12.2

More Details

8.6

P/OCF

vs History	26
vs Industry	31

Median 5Y

2.9

Industry

10.1

More Details

24.8

P/FCFE

vs History	42
vs Industry	13

Median 5Y

20.7

Industry

17.3

More Details

1.9

P/B

vs History	20
vs Industry	26

Median 5Y

Industry

1.4

More Details

1.5

EV/S

vs History	19
vs Industry	29

Median 5Y

0.8

Industry

1.2

Forward

1.5

More Details

4.9

EV/GP

vs History	17
vs Industry	33

Median 5Y

2.7

Industry

4.1

More Details

EV/EBITDA

vs History	11
vs Industry	33

Median 5Y

6.9

Industry

Forward

9.1

More Details

EV/EBIT

vs History	12
vs Industry	38

Median 5Y

7.3

Industry

14.3

Forward

11.3

More Details

9.8

EV/OCF

vs History	31
vs Industry	30

Median 5Y

4.9

Industry

More Details

11.3

EV/FCFF

vs History	28
vs Industry	27

Median 5Y

4.5

Industry

13.4

More Details

1.5

EV/IC

vs History	19
vs Industry	24

Median 5Y

0.9

Industry

1.1

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

		Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
SE	New Wave Group AB STO:NEWA B	12.8B SEK	1.3	14.1	11	11
FR	LVMH Moet Hennessy Louis Vuitton SE PAR:MC	314.3B EUR	3.7	22.5	11.6	15.5
FR	Hermes International SCA PAR:RMS	240.3B EUR	16.9	54.1	34.8	39.7
FR	Christian Dior SE PAR:CDI	107.7B EUR	1.3	18.4	4.5	6
FR	EssilorLuxottica SA PAR:EL	105.4B EUR	4.1	46.2	17.7	33.8
CH	Compagnie Financiere Richemont SA SIX:CFR	79.9B CHF	4.2	65.4	19.2	19.2
CA	Lululemon Athletica Inc NASDAQ:LULU	48.4B USD	4.7	27.7	17.1	19.8
DE	Adidas AG XETRA:ADS	41.9B EUR	1.9	99.1	21.3	48.9
IN	Titan Company Ltd NSE:TITAN	3T INR	5.6	93.2	59	67.4
FR	Kering SA PAR:KER	28.8B EUR	1.6	13.9	7.5	11.6
CN	ANTA Sports Products Ltd HKEX:2020	226.6B HKD	3.2	16.1	11.8	11.8

			Revenue Growth	P/S to Growth
SE	New Wave Group AB STO:NEWA B	Average P/S: 4.4 1.3	19%	0.1
FR	LVMH Moet Hennessy Louis Vuitton SE PAR:MC	3.7	12%	0.3
FR	Hermes International SCA PAR:RMS	16.9	38%	0.4
FR	Christian Dior SE PAR:CDI	1.3	N/A	N/A
FR	EssilorLuxottica SA PAR:EL	4.1	21%	0.2
CH	Compagnie Financiere Richemont SA SIX:CFR	4.2	14%	0.3
CA	Lululemon Athletica Inc NASDAQ:LULU	4.7	29%	0.2
DE	Adidas AG XETRA:ADS	1.9	30%	0.1
IN	Titan Company Ltd NSE:TITAN	5.6	60%	0.1
FR	Kering SA PAR:KER	1.6	-4%	N/A
CN	ANTA Sports Products Ltd HKEX:2020	3.2	41%	0.1

			Earnings Growth	P/E to Growth
SE	New Wave Group AB STO:NEWA B	Average P/E: 42.8 14.1	25%	0.6
FR	LVMH Moet Hennessy Louis Vuitton SE PAR:MC	22.5	9%	2.5
FR	Hermes International SCA PAR:RMS	54.1	33%	1.6
FR	Christian Dior SE PAR:CDI	18.4	N/A	N/A
FR	EssilorLuxottica SA PAR:EL	46.2	76%	0.6
CH	Compagnie Financiere Richemont SA SIX:CFR	65.4	75%	0.9
CA	Lululemon Athletica Inc NASDAQ:LULU	27.7	33%	0.8
DE	Adidas AG XETRA:ADS	99.1	N/A	N/A
IN	Titan Company Ltd NSE:TITAN	93.2	77%	1.2
FR	Kering SA PAR:KER	13.9	-31%	N/A
CN	ANTA Sports Products Ltd HKEX:2020	16.1	59%	0.3

			EBITDA Growth	EV/EBITDA to Growth
SE	New Wave Group AB STO:NEWA B	Average EV/EBITDA: 19.6 11	19%	0.6
FR	LVMH Moet Hennessy Louis Vuitton SE PAR:MC	11.6	2%	5.7
FR	Hermes International SCA PAR:RMS	34.8	32%	1.1
FR	Christian Dior SE PAR:CDI	4.5	N/A	N/A
FR	EssilorLuxottica SA PAR:EL	17.7	36%	0.5
CH	Compagnie Financiere Richemont SA SIX:CFR	19.2	12%	1.6
CA	Lululemon Athletica Inc NASDAQ:LULU	17.1	29%	0.6
DE	Adidas AG XETRA:ADS	21.3	175%	0.1
IN	Titan Company Ltd NSE:TITAN	59	72%	0.8
FR	Kering SA PAR:KER	7.5	-20%	N/A
CN	ANTA Sports Products Ltd HKEX:2020	11.8	24%	0.5

			EBIT Growth	EV/EBIT to Growth
SE	New Wave Group AB STO:NEWA B	Average EV/EBIT: 25.9 11	19%	0.6
FR	LVMH Moet Hennessy Louis Vuitton SE PAR:MC	15.5	11%	1.4
FR	Hermes International SCA PAR:RMS	39.7	34%	1.2
FR	Christian Dior SE PAR:CDI	6	N/A	N/A
FR	EssilorLuxottica SA PAR:EL	33.8	76%	0.4
CH	Compagnie Financiere Richemont SA SIX:CFR	19.2	14%	1.4
CA	Lululemon Athletica Inc NASDAQ:LULU	19.8	27%	0.7
DE	Adidas AG XETRA:ADS	48.9	959%	0.1
IN	Titan Company Ltd NSE:TITAN	67.4	80%	0.8
FR	Kering SA PAR:KER	11.6	-28%	N/A
CN	ANTA Sports Products Ltd HKEX:2020	11.8	41%	0.3

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US	Mastercard Inc NYSE:MA	Technology
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US	Exxon Mobil Corp NYSE:XOM	Energy
US	Pfizer Inc NYSE:PFE	Pharmaceuticals
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CN	Alibaba Group Holding Ltd NYSE:BABA	Retail
US	3M Co NYSE:MMM	Industrial Conglomerates
US	JPMorgan Chase & Co NYSE:JPM	Banking
US	Coca-Cola Co NYSE:KO	Beverages
US	Walmart Inc NYSE:WMT	Retail
US	Verizon Communications Inc NYSE:VZ	Telecommunication

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New Wave Group AB
STO:NEWA B

Relative Value

Valuation Multiples

Multiples Across Competitors

NEWA B Competitors Multiples
New Wave Group AB Competitors

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52 Week Range	89.5601 126.5258
Price Target

New Wave Group AB STO:NEWA B

Relative Value

Valuation Multiples

Multiples Across Competitors

NEWA B Competitors Multiples New Wave Group AB Competitors

See Also

Company

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New Wave Group AB
STO:NEWA B

NEWA B Competitors Multiples
New Wave Group AB Competitors