Added to YB: 2026-03-20
Pitch date: 2026-03-18
HEM.ST [neutral]
Hemnet Group AB (publ)
-24.73%
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 111.46
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
value
Watchlist Radar - Hemnet Group AB
HEM.ST (watchlist): Sweden's dominant real estate marketplace w/ 40M monthly visits from 10M pop, brand strength rivals Spotify/Netflix. Trading 14.5x EV/EBITDA vs peers at 20x. Former co-op monetizing since 2013; if monetization matches global peers, multiple drops to 7x. Risk: seller pushback on fee increases, drift to lower-cost competitors.
Read full article (1 min)