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HMS Networks AB
STO:HMS

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HMS Networks AB
STO:HMS
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Price: 532.5 SEK 1.62%
Market Cap: kr26.8B

P/S

7.5
Current
8%
More Expensive
vs 3-y average of 6.9

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
7.5
=
Market Cap
kr23.2B
/
Revenue
kr3.6B

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
7.5
=
Market Cap
kr23.2B
/
Revenue
kr3.6B

Valuation Scenarios

HMS Networks AB is trading above its 3-year average

If P/S returns to its 3-Year Average (6.9), the stock would be worth kr491.63 (8% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-84%
Maximum Upside
No Upside Scenarios
Average Downside
42%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 7.5 kr532.5
0%
3-Year Average 6.9 kr491.63
-8%
5-Year Average 7.2 kr510.37
-4%
Industry Average 1.2 kr86.55
-84%
Country Average 2 kr140.84
-74%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
kr23.2B
/
Jan 2026
kr3.6B
=
7.5
Current
kr23.2B
/
Dec 2026
kr3.9B
=
5.9
Forward
kr23.2B
/
Dec 2027
kr4.4B
=
5.3
Forward
kr23.2B
/
Dec 2028
kr4.7B
=
4.9
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
HMS Networks AB
STO:HMS
26.7B SEK 7.5 61.5
JP
Nakayo Inc
TSE:6715
111.4T JPY 6 383.2 7 956 708
US
Cisco Systems Inc
NASDAQ:CSCO
353.9B USD 6 32
US
Arista Networks Inc
NYSE:ANET
211.9B USD 23.5 60.4
CN
Zhongji Innolight Co Ltd
SZSE:300308
938.9B CNY 18.8 64.2
US
Motorola Solutions Inc
NYSE:MSI
71.1B USD 6.1 33
US
Ciena Corp
NYSE:CIEN
67.2B USD 13.1 293.6
FI
Nokia Oyj
OMXH:NOKIA
57.7B EUR 2.9 74.5
US
Ubiquiti Inc
NYSE:UI
58.7B USD 19.7 65.7
US
Lumentum Holdings Inc
NASDAQ:LITE
61.3B USD 29 242.8
CN
Yangtze Optical Fibre and Cable Joint Stock Ltd Co
SSE:601869
304.5B CNY 21.4 374.2

Market Distribution

Higher than 86% of companies in Sweden
Percentile
86th
Based on 1 386 companies
86th percentile
7.5
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

HMS Networks AB
Glance View

Market Cap
26.8B SEK
Industry
Communications

HMS Networks AB, a Swedish company that emerged from the industrial furnace of the late 1980s, has carved itself a niche in the field of industrial communication technology. Founded in Halmstad, the company has built its reputation by developing cutting-edge solutions that enable machines and devices in manufacturing settings to communicate and share data effortlessly. This communication is achieved through HMS Networks' innovative hardware and software solutions, which include a range of industrial communication devices such as the Anybus, Ixxat, and Ewon product lines. These products facilitate the seamless transfer of data across a myriad of protocols and systems that are otherwise incompatible, a necessity in today's globally interconnected industrial landscape. Demonstrating a profound understanding of the evolving needs of the industrial sector, HMS Networks AB generates revenue by providing vital connectivity solutions that enhance operational efficiency and drive down costs for its clients. The company achieves this by marketing its products to a diverse range of industries, from automation and automotive to semiconductor and energy. By integrating devices into the Internet of Things (IoT) and Industry 4.0 frameworks, HMS Networks doesn't just sell hardware; it offers a gateway to smarter manufacturing and industrial processes. This strategic positioning in the rapidly growing industrial IoT market has allowed HMS Networks to sustain a strong growth trajectory, underscoring its influence and importance in the modern digital industrial era.

HMS Intrinsic Value
283.58 SEK
Overvaluation 47%
Intrinsic Value
Price kr532.5
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