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: 119.2 SEK -2.3% Market Closed
Market Cap: kr10.9B

P/S

7.2
Current
65%
Cheaper
vs 3-y average of 20.6

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
7.2
=
Market Cap
kr9.9B
/
Revenue
kr1.5B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
7.2
=
Market Cap
kr9.9B
/
Revenue
kr1.5B

Valuation Scenarios

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

If P/S returns to its 3-Year Average (20.6), the stock would be worth kr343.05 (188% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-83%
Maximum Upside
+188%
Average Upside
55%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 7.2 kr119.2
0%
3-Year Average 20.6 kr343.05
+188%
5-Year Average 20.6 kr342.79
+188%
Industry Average 1.2 kr20.77
-83%
Country Average 2 kr32.92
-72%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
kr9.9B
/
Jan 2026
kr1.5B
=
7.2
Current
kr9.9B
/
Dec 2026
kr1.6B
=
6.2
Forward
kr9.9B
/
Dec 2027
kr2B
=
5.1
Forward
kr9.9B
/
Dec 2028
kr2.2B
=
4.6
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
SE
Hemnet Group AB (publ)
STO:HEM
11.4B SEK 7.2 21
US
Alphabet Inc
NASDAQ:GOOGL
4.2T USD 10.5 32
US
Meta Platforms Inc
NASDAQ:META
1.7T USD 8.4 27.9
CN
Tencent Holdings Ltd
HKEX:700
4.4T HKD 4.8 16.1
CN
Baidu Inc
NASDAQ:BIDU
42.4B USD 2.3 52.3
JP
LY Corp
XMUN:YOJ
31.3B EUR 2.9 27.3
NL
Nebius Group NV
NASDAQ:NBIS
35.7B USD 5 138.2 26 767.1
CN
Kuaishou Technology
HKEX:1024
188B HKD 1.2 8.9
KR
Naver Corp
KRX:035420
33.3T KRW 2.7 16.5
JP
Z Holdings Corp
TSE:4689
2.9T JPY 1.4 13.7
AU
REA Group Ltd
ASX:REA
22.1B AUD 11.2 38.8
P/S Multiple
Revenue Growth P/S to Growth
SE
Hemnet Group AB (publ)
STO:HEM
Average P/S: 471.9
7.2
12%
0.6
US
Alphabet Inc
NASDAQ:GOOGL
10.5
17%
0.6
US
Meta Platforms Inc
NASDAQ:META
8.4
20%
0.4
CN
Tencent Holdings Ltd
HKEX:700
4.8
10%
0.5
CN
Baidu Inc
NASDAQ:BIDU
2.3
7%
0.3
JP
L
LY Corp
XMUN:YOJ
2.9
8%
0.4
NL
Nebius Group NV
NASDAQ:NBIS
5 138.2
212%
24.2
CN
Kuaishou Technology
HKEX:1024
1.2
6%
0.2
KR
Naver Corp
KRX:035420
2.7
11%
0.2
JP
Z Holdings Corp
TSE:4689
1.4
8%
0.2
AU
REA Group Ltd
ASX:REA
11.2
5%
2.2
P/E Multiple
Earnings Growth PEG
SE
Hemnet Group AB (publ)
STO:HEM
Average P/E: 2 456.5
21
17%
1.2
US
Alphabet Inc
NASDAQ:GOOGL
32
13%
2.5
US
Meta Platforms Inc
NASDAQ:META
27.9
19%
1.5
CN
Tencent Holdings Ltd
HKEX:700
16.1
16%
1
CN
Baidu Inc
NASDAQ:BIDU
52.3
66%
0.8
JP
L
LY Corp
XMUN:YOJ
27.3
13%
2.1
NL
Nebius Group NV
NASDAQ:NBIS
26 767.1
59%
453.7
CN
Kuaishou Technology
HKEX:1024
8.9
7%
1.3
KR
Naver Corp
KRX:035420
16.5
11%
1.5
JP
Z Holdings Corp
TSE:4689
13.7
13%
1.1
AU
REA Group Ltd
ASX:REA
38.8
8%
4.9

Market Distribution

Higher than 85% of companies in Sweden
Percentile
85th
Based on 1 386 companies
85th percentile
7.2
Low
0.1 — 1.2
Typical Range
1.2 — 4.4
High
4.4 —
Distribution Statistics
Sweden
Min 0.1
30th Percentile 1.2
Median 2
70th Percentile 4.4
Max 13 940.4

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 kr119.2
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