Added to YB: 2025-07-14
Pitch date: 2025-05-26
HEM.ST [bullish]
Hemnet Group AB (publ)
-42.51%
current return
Author Info
No bio for this author
Company Info
Hemnet Group AB (publ) operates a residential property platform in Sweden. The company connects property buyers, sellers, and real estate agents in one platform.
Market Cap
SEK 16.5B
Pitch Price
SEK 312.60
Price Target
613.00 (+241%)
Dividend
0.97%
EV/EBITDA
21.86
P/E
31.00
EV/Sales
10.96
Sector
Interactive Media and Services
Category
growth
Hemnet Group AB - $HEM.ST
HEM.ST: Sweden's dominant real estate portal (90%+ market share) with VPA model showing 35% CAGR since 2019. Undervalued at 25x NTM EV/EBITDA vs peers growing slower at 28-40x. Expect 28% ARPL growth through 2027, 20% thereafter, 150bps annual margin expansion to 61% by 2030. Target SEK613 (+96%). Risks: Booli competition, regulatory scrutiny.
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