Company Valuation: Hemnet Group AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 16,919 12,420 23,311 32,112 16,222 9,204 - -
Change - -26.59% 87.68% 37.76% -49.48% -43.26% - -
Enterprise Value (EV) 1 17,108 12,649 23,749 32,504 16,738 9,946 10,019 9,973
Change - -26.07% 87.76% 36.86% -48.51% -40.58% 0.74% -0.46%
P/E 108x 42.9x 69.6x 67.2x 31.6x 22.9x 15.8x 13x
PBR 11.1x 8.66x 18.5x 25.7x 15.1x 11.7x 12x 11.1x
PEG - 0.5x 3.8x 1.5x 3.29x -1.1x 0.4x 0.6x
Capitalization / Revenue 23.2x 14x 23.2x 23x 10.6x 6.76x 5.47x 4.86x
EV / Revenue 23.5x 14.2x 23.6x 23.3x 11x 7.31x 5.95x 5.27x
EV / EBITDA 48.2x 28.2x 45.2x 45.2x 21.8x 16.4x 12.4x 11x
EV / EBIT 76.4x 33.5x 53x 51.3x 24.8x 19.3x 13.9x 12.1x
EV / FCF 75x 37.1x 69x 59.8x 30x 18.6x 15.9x 14.3x
FCF Yield 1.33% 2.69% 1.45% 1.67% 3.34% 5.36% 6.27% 6.99%
Dividend per Share 2 0.55 1 1.2 1.7 1.9 1.63 2.097 2.394
Rate of return 0.33% 0.8% 0.5% 0.51% 1.1% 1.65% 2.12% 2.42%
EPS 2 1.55 2.93 3.47 5 5.48 4.32 6.248 7.589
Distribution rate 35.5% 34.1% 34.6% 34% 34.7% 37.7% 33.6% 31.5%
Net sales 1 728.1 889.2 1,005 1,395 1,527 1,361 1,684 1,894
EBITDA 1 355 448.1 525.5 719.8 767.5 607 805.5 908.5
EBIT 1 223.9 377.5 448.2 633.8 673.8 515.1 722.4 825.5
Net income 1 156.5 293.8 338.7 481.4 520.6 391.3 539.3 622.3
Net Debt 1 188.6 228.1 438.1 391.9 516.4 742.4 815.7 769.8
Reference price 2 167.30 125.60 241.40 336.00 173.20 98.80 98.80 98.80
Nbr of stocks (in thousands) 1,01,131 98,889 96,566 95,572 93,658 90,408 - -
Announcement Date 01/02/22 27/01/23 31/01/24 31/01/25 29/01/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.43x4.11x9.47x1.32% 51TCr
22.73x6.72x20.19x-.--% 34TCr
23.92x2.8x14.28x-.--% 16TCr
38.68x4.52x29.93x-.--% 11TCr
35.54x7.04x19.78x-.--% 11TCr
90.61x5.48x26.13x-.--% 10TCr
2.85x75.8x2.11x0.15% 10TCr
10.51x7.98x93.19x0.64% 9.36TCr
8.29x2.67x57.92x0.75% 3.61TCr
Average 27.62x 13.01x 30.33x 0.32% 17.41TCr
Weighted average by Cap. 24.64x 9.67x 21.23x 0.5%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield