Hemnet Group AB (publ)
STO:HEM

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Hemnet Group AB (publ) Logo
Hemnet Group AB (publ)
STO:HEM
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Price: 119 SEK 3.3%
Market Cap: kr10.9B

P/B

10.2
Current
49%
Cheaper
vs 3-y average of 19.8

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
10.2
=
Market Cap
kr9.9B
/
Total Equity
kr1.1B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
10.2
=
Market Cap
kr9.9B
/
Total Equity
kr1.1B

Valuation Scenarios

Hemnet Group AB (publ) is trading below its 3-year average

If P/B returns to its 3-Year Average (19.8), the stock would be worth kr231.6 (95% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-87%
Maximum Upside
+95%
Average Downside
8%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 10.2 kr119
0%
3-Year Average 19.8 kr231.6
+95%
5-Year Average 14.2 kr166.29
+40%
Industry Average 1.4 kr16.01
-87%
Country Average 2.2 kr25.51
-79%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Higher than 94% of companies in Sweden
Percentile
94th
Based on 1 382 companies
94th percentile
10.2
Low
0 — 1.2
Typical Range
1.2 — 3.7
High
3.7 —
Distribution Statistics
Sweden
Min 0
30th Percentile 1.2
Median 2.2
70th Percentile 3.7
Max 283.3

Hemnet Group AB (publ)
Glance View

Market Cap
10.9B SEK
Industry
Media

Hemnet Group AB (publ) stands as Sweden's leading property platform, a go-to digital marketplace for real estate transactions across the nation. Established in the late 1990s, Hemnet emerged as a pioneer in digitizing property listings, transforming how Swedes search for homes. Its platform, a sleek and user-friendly interface, connects buyers, sellers, and real estate agents, facilitating a streamlined process for property transactions. By aggregating listings from various real estate agencies, Hemnet becomes the primary portal for individuals hoping to explore Sweden’s property landscape, offering not just homes for sale but insights into market trends and local area statistics as well. The company’s revenue model primarily revolves around three streams: listing fees from real estate agencies, visibility upsells for featured listings, and digital advertising targeting millions of users. By leveraging analytics and consumer insights, Hemnet offers premium ad placements, allowing advertisers to access a highly engaged audience. Furthermore, the introduction of tiered listing options, where sellers can pay for enhanced visibility, adds another layer to its financial structure. This multifaceted approach, combined with a strong brand reputation, secures Hemnet's position as a dominant player in Sweden's real estate ecosystem, ensuring a steady flow of income while continually innovating to enhance user experience and expand its market reach.

HEM Intrinsic Value
120.63 SEK
Undervaluation 1%
Intrinsic Value
Price kr119
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