Professional
Added to YB: 2026-09-04
Pitch date: 2026-09-02
HMS.ST [neutral]
HMS Networks AB (publ)
+2.19%
current return
Author Info
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Company Info
HMS Networks AB (publ) provides industrial information and communication technology solutions worldwide.
Market Cap
SEK 25.8B
Pitch Price
SEK 503.00
Price Target
N/A
Dividend
0.92%
EV/EBITDA
23.94
P/E
46.78
EV/Sales
7.35
Sector
Communications Equipment
Category
N/A
Pernas Research Passes On: HMS Networks AB
HMS.ST (pass): HMS Networks provides hardware and software that let industrial machines, devices and systems communicate across factories, buildings and vehicles, including gateways and embedded interfaces connecting different vendors and protocols. The broader theme of firmware-open companies with an application layer remains appealing, particularly as AI helps accelerate development, but HMS is a pass at 24x EV/EBITDA given the cyclicality of its customer base.
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