Financials Hemnet Group AB

Equities

HEM

SE0015671995

Internet Services

Market Closed - Nasdaq Stockholm 11:29:40 2024-02-23 am EST 5-day change 1st Jan Change
308.4 SEK -0.13% Intraday chart for Hemnet Group AB -2.03% +27.75%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025
Capitalization 1 16,919 12,420 29,712 29,712 -
Enterprise Value (EV) 1 17,108 12,649 23,749 30,113 30,206
P/E ratio 108 x 42.9 x 69.6 x 58.5 x 45.9 x
Yield 0.33% 0.8% 0.5% 0.6% 0.77%
Capitalization / Revenue 23.2 x 14 x 23.2 x 22.6 x 19.3 x
EV / Revenue 23.5 x 14.2 x 23.6 x 22.9 x 19.6 x
EV / EBITDA 48.2 x 28.2 x 45.2 x 40.5 x 33.5 x
EV / FCF 75 x 37.1 x 69 x 55.7 x 43.4 x
FCF Yield 1.33% 2.69% 1.45% 1.79% 2.3%
Price to Book 11.1 x 8.66 x 18.5 x 23.7 x 22.4 x
Nbr of stocks (in thousands) 101,131 98,889 96,341 96,341 -
Reference price 2 167.3 125.6 308.4 308.4 308.4
Announcement Date 2/1/22 1/27/23 1/31/24 - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 - 728.1 889.2 1,005 1,314 1,543
EBITDA 1 - 355 448.1 525.5 743.4 901.3
EBIT 1 - 223.9 377.5 448.2 679.5 836.7
Operating Margin - 30.75% 42.45% 44.61% 51.73% 54.22%
Earnings before Tax (EBT) 1 - 198.1 370.7 427.4 639.5 802.7
Net income 1 67.74 156.5 293.8 338.7 504 633
Net margin - 21.49% 33.04% 33.71% 38.37% 41.02%
EPS 2 0.4500 1.550 2.930 3.470 5.268 6.719
Free Cash Flow 1 - 228 340.5 344.1 540.5 696
FCF margin - 31.31% 38.29% 34.25% 41.15% 45.1%
FCF Conversion (EBITDA) - 64.23% 75.99% 65.48% 72.71% 77.22%
FCF Conversion (Net income) - 145.69% 115.9% 101.59% 107.24% 109.96%
Dividend per Share 2 - 0.5500 1.000 1.200 1.847 2.382
Announcement Date 4/16/21 2/1/22 1/27/23 1/31/24 - -
1SEK in Million2SEK
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q2 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1
Net sales 1 212.8 195.8 177.3 179.6 269.7 238.9 201 190.1 267.6 272 275 355.7
EBITDA 1 83.2 102.3 84.6 85.5 145.3 128.5 88.8 87.2 140.7 156 141.6 123.9
EBIT 1 62.9 82.7 64.7 67.8 127.5 110.9 71.3 68.1 121.7 136.9 121.5 103.7
Operating Margin 29.56% 42.24% 36.49% 37.75% 47.27% 46.42% 35.47% 35.82% 45.48% 50.33% 44.18% 29.16%
Earnings before Tax (EBT) 1 46.1 80.5 - - 126.3 - - - 116 129.5 117.9 98.17
Net income 1 36.1 63.7 50 - 100 - - - 91.9 102.8 93.3 77.31
Net margin 16.96% 32.53% 28.2% - 37.08% - - - 34.34% 37.79% 33.93% 21.73%
EPS 2 - - - - 0.9900 - - 0.5100 0.9400 1.050 0.9600 0.8008
Dividend per Share - - - - - - - - - - - -
Announcement Date 8/20/21 11/4/21 2/1/22 4/28/22 7/21/22 10/20/22 1/27/23 4/26/23 7/19/23 10/25/23 1/31/24 -
1SEK in Million2SEK
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt 1 - 189 228 438 401 495
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - 0.5313 x 0.509 x 0.8337 x 0.54 x 0.5486 x
Free Cash Flow 1 - 228 341 344 541 696
ROE (net income / shareholders' equity) - 10.9% 19.9% 25.2% 40.7% 50.9%
ROA (Net income/ Total Assets) - 6.95% 13.9% 15.9% 23.5% 30.2%
Assets 1 - 2,253 2,114 2,125 2,149 2,094
Book Value Per Share 2 - 15.00 14.50 13.00 13.00 13.80
Cash Flow per Share - - - - - -
Capex 1 - 7 15.5 38.8 31.2 31.4
Capex / Sales - 0.96% 1.74% 3.86% 2.38% 2.04%
Announcement Date 4/16/21 2/1/22 1/27/23 1/31/24 - -
1SEK in Million2SEK
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
308.4 SEK
Average target price
281.7 SEK
Spread / Average Target
-8.65%
Consensus
1st Jan change Capi.
+27.75% 2 879 M $
-0.95% 346 B $
+27.01% 162 B $
+12.13% 97 376 M $
+4.98% 77 150 M $
+36.29% 50 488 M $
+23.13% 49 192 M $
-2.98% 34 629 M $
+7.02% 31 136 M $
-3.19% 24 348 M $
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