Financials Hemnet Group AB

Equities

HEM

SE0015671995

Internet Services

Market Closed - Nasdaq Stockholm 11:29:40 2024-04-12 am EDT 5-day change 1st Jan Change
327.4 SEK -1.15% Intraday chart for Hemnet Group AB +0.86% +35.63%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 16,919 12,420 23,311 31,463 - -
Enterprise Value (EV) 1 17,108 12,649 23,749 31,898 32,013 31,935
P/E ratio 108 x 42.9 x 69.6 x 61 x 45.2 x 36.4 x
Yield 0.33% 0.8% 0.5% 0.54% 0.74% 0.91%
Capitalization / Revenue 23.2 x 14 x 23.2 x 23.6 x 19.5 x 16.3 x
EV / Revenue 23.5 x 14.2 x 23.6 x 24 x 19.8 x 16.6 x
EV / EBITDA 48.2 x 28.2 x 45.2 x 42.5 x 33.7 x 28 x
EV / FCF 75 x 37.1 x 69 x 56.8 x 44.2 x 36.5 x
FCF Yield 1.33% 2.69% 1.45% 1.76% 2.26% 2.74%
Price to Book 11.1 x 8.66 x 18.5 x 24.5 x 24.2 x 31.1 x
Nbr of stocks (in thousands) 101,131 98,889 96,566 96,100 - -
Reference price 2 167.3 125.6 241.4 327.4 327.4 327.4
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 2026
Net sales 1 - 728.1 889.2 1,005 1,331 1,615 1,925
EBITDA 1 - 355 448.1 525.5 751.2 948.6 1,140
EBIT 1 - 223.9 377.5 448.2 682.6 879.6 1,071
Operating Margin - 30.75% 42.45% 44.61% 51.29% 54.44% 55.66%
Earnings before Tax (EBT) 1 - 198.1 370.7 427.4 650.9 863.5 1,058
Net income 1 67.74 156.5 293.8 338.7 515.2 683.4 837.2
Net margin - 21.49% 33.04% 33.71% 38.71% 42.3% 43.49%
EPS 2 0.4500 1.550 2.930 3.470 5.368 7.241 9.002
Free Cash Flow 1 - 228 340.5 344.1 561.5 723.9 873.8
FCF margin - 31.31% 38.29% 34.25% 42.19% 44.81% 45.4%
FCF Conversion (EBITDA) - 64.23% 75.99% 65.48% 74.74% 76.32% 76.66%
FCF Conversion (Net income) - 145.69% 115.9% 101.59% 108.98% 105.94% 104.37%
Dividend per Share 2 - 0.5500 1.000 1.200 1.775 2.410 2.977
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 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 195.8 177.3 179.6 269.7 238.9 201 190.1 267.6 272 275 246.4 356.2 353.8 356.1
EBITDA 1 102.3 84.6 85.5 145.3 128.5 88.8 87.2 140.7 156 141.6 126.4 210.7 222.8 192.2
EBIT 1 82.7 64.7 67.8 127.5 110.9 71.3 68.1 121.7 136.9 121.5 106.3 190.6 202.7 172.1
Operating Margin 42.24% 36.49% 37.75% 47.27% 46.42% 35.47% 35.82% 45.48% 50.33% 44.18% 43.12% 53.5% 57.28% 48.31%
Earnings before Tax (EBT) 1 80.5 - - 126.3 - - - 116 129.5 117.9 100.7 175.1 179.2 171.5
Net income 1 63.7 50 - 100 - - - 91.9 102.8 93.3 79.3 136.6 139.8 133.8
Net margin 32.53% 28.2% - 37.08% - - - 34.34% 37.79% 33.93% 32.18% 38.35% 39.5% 37.57%
EPS 2 - - - 0.9900 - - 0.5100 0.9400 1.050 0.9600 0.8211 1.415 1.448 1.386
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 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 2026
Net Debt 1 - 189 228 438 435 550 472
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) - 0.5313 x 0.509 x 0.8337 x 0.5789 x 0.58 x 0.4137 x
Free Cash Flow 1 - 228 341 344 562 724 874
ROE (net income / shareholders' equity) - 10.9% 19.9% 25.2% 41.8% 56.3% 61.1%
ROA (Net income/ Total Assets) - 6.95% 13.9% 15.9% 23.3% 30.2% 37.2%
Assets 1 - 2,253 2,114 2,125 2,213 2,259 2,252
Book Value Per Share 2 - 15.00 14.50 13.00 13.30 13.50 10.50
Cash Flow per Share - - - - - - -
Capex 1 - 7 15.5 38.8 29.2 33.7 39.2
Capex / Sales - 0.96% 1.74% 3.86% 2.19% 2.09% 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
OUTPERFORM
Number of Analysts
8
Last Close Price
327.4 SEK
Average target price
340.2 SEK
Spread / Average Target
+3.92%
Consensus
  1. Stock Market
  2. Equities
  3. HEM Stock
  4. Financials Hemnet Group AB