Added to YB: 2025-12-19
Pitch date: 2025-12-18
HEM.ST [bullish]
Hemnet Group AB (publ)
-39.64%
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 7.6B
Pitch Price
SEK 166.99
Price Target
N/A
Dividend
2.26%
EV/EBITDA
14.10
P/E
19.93
EV/Sales
6.21
Sector
Interactive Media and Services
Category
turnaround
Hemnet Group AB (publ) - $HEM.ST
HEM.ST: Sweden's dominant property portal (90% market share) trading at 27x FCF vs REA at 40x P/E despite similar monopolistic model. Revenue growth driven by pricing power (22% 5yr CAGR) as monetization ramps since 2013. Cyclical headwinds from housing slowdown but structural position intact. Stock halved to $20, creating attractive entry vs existential AI/competition fears.
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