Added to YB: 2026-06-12
Pitch date: 2026-06-10
HEM.ST [neutral]
Hemnet Group AB (publ)
+3.3%
current return
Author Info
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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 7.7B
Pitch Price
SEK 83.45
Price Target
N/A
Dividend
2.25%
EV/EBITDA
12.37
P/E
17.09
EV/Sales
5.78
Sector
Interactive Media and Services
Category
turnaround
A bit of scuttlebutt on Hemnet - Sweden's biggest mystery - Hemnet Group AB
HEM.ST (overview): Swedish property listing cash machine w/ elite margins, FCF, ROIIC, but down ~20% MoM, ~70% YoY at new lows amid bad PR & Booli competition. Scuttlebutt: new sell-first-pay-later model won't steal Booli share, but Hemnet still essential, premium packages (up to 33k SEK) act as status/quality signal hard to compete with. Survives, may cut prices.
Read full article (3 min)