Professional
Added to YB: 2025-07-30
Pitch date: 2025-06-30
HEM.ST [neutral]
Hemnet Group AB (publ)
-57.36%
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 15.5B
Pitch Price
SEK 275.80
Price Target
N/A
Dividend
1.03%
EV/EBITDA
20.52
P/E
29.14
EV/Sales
10.29
Sector
Interactive Media and Services
Category
value
Lakehouse Global Growth Fund Portfolio Holding: Hemnet Group AB
HEM.ST (decreased position): Dominant Swedish housing platform (89% market share) faced headwinds from softer market & pre-listing activity shift. Despite volume decline, pricing power remains strong with +34.7% avg revenue per listing to SEK 8,451. Trading at 37x fwd earnings. Position reduced due to near-term risks.
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