Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Hemnet Group AB (publ) operates Sweden's leading residential property platform, connecting buyers, sellers, and real estate agents through intuitive digital tools and comprehensive listings. Founded in 1998 as an industry initiative and headquartered in Stockholm, the company has evolved into a dominant marketplace that attracts over 40 million monthly visits and 1.9 million weekly unique visitors, making it one of Sweden's top commercial websites. Its business model leverages a powerful network effect: more buyers draw additional sellers and agents, while expanded listings enhance buyer engagement. Hemnet generates revenue primarily from housing advertisements, value-added services for sellers and realtors, and partner offerings, enriched by data-driven insights, informative articles, and personalized monitoring features. Operating in the Internet Content & Information industry within Communication Services, with around 165 employees, Hemnet fosters lasting relationships across the housing market by providing a 'win-win' ecosystem that supports transactions, brand growth, and lifelong housing needs. The platform's sustained innovation underscores its pivotal role in Sweden's real estate sector.
kr 71.55
+kr 1.82 (+2.61%)
Live · 07:31 PM · Twelve Data
Margins and capital returns are both well above average: 44.10% operating margin, ROIC at 31.01%. Consistent with durable pricing power, though that alone doesn't make it a buy.
Revenue grew 9.5%, steady but not accelerating.
Even for strong businesses, today's 15x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
14.5x earnings, 12.8x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
kr 1.45B
▲ +9.5% YoY
Net Income (TTM)
kr 466M
▲ +8.1% YoY
Op. Margin
41.76%
▼ -1.3pp YoY
ROIC
31.01%
▲ +2.8pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
kr 520M
▲ +5.4% YoY
Op. Cash Flow (TTM)
kr 608M
▲ +6.9% YoY
Net Debt
kr 516M
Cash & Equiv.
kr 103M
3Y CAGR: +19.7%
3Y CAGR: +18.9%
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At a P/E of 14.5 and a price-to-free-cash-flow of 12.8, Hemnet Group AB (publ) (HEM.XSTO) trades below a two-stage DCF intrinsic value of about SEK 244.21 per share, so at SEK 71.55 the stock looks undervalued (241.3% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Hemnet Group AB (publ) scores 82/100 on Intrinsiqq's quality scorecard (a high-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 2.4%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about SEK 244.21 per share for HEM.XSTO, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around SEK 183.16. At today's SEK 71.55, that puts the stock about 241.3% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Hemnet Group AB (publ) scores 82 out of 100 on Intrinsiqq's quality score, passing 6 of 8 checks, which makes it a high-quality business on these measures. Recent fundamentals include a 41.8% operating margin and a 31.0% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full check-by-check breakdown is on the quality scorecard.
Yes, Hemnet Group AB (publ) pays a regular dividend of about SEK 1.74 per share per year (typically in quarterly installments), a yield of roughly 2.4% at the current price. That is a payout ratio of about 34.7% of earnings, so the dividend is amply covered by earnings. Hemnet Group AB (publ) has grown the dividend at roughly 42.7% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For HEM.XSTO's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. HEM.XSTO currently trades below its estimated intrinsic value and scores 82/100 on quality (high-quality). It also yields about 2.4%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.