BHG Group AB (BHG) AI Stock Analysis

• Market Cap: kr4.20B
• Dividend Yield: N/A
• Average Volume (3M): 418.48K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.43
• Revenue Growth: -9.16%
• EPS Growth: 60.89%
• Country: SE
• Employees: 1,347
• Sector: Real Estate
• Sector Strength: 69
• Industry: Specialty Retail
• EPS (TTM): -2.38
• Shares Outstanding: 179,233,570
• 10 Day Avg. Volume: 402,213
• 30 Day Avg. Volume: 418,483
• PEG Ratio: 0.17
• Price to Book (P/B): 2.17
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 21.40
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: kr16.50
• Price Target Upside: -27.50% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 46 Neutral
• Price Target: kr23.00 ▲(1.05%Upside)

BHG Group AB's overall stock score is primarily impacted by its weak financial performance and poor valuation metrics. Technical analysis suggests further downside risk, although the company shows some resilience in cash flow generation. Investors should be cautious given the operational inefficiencies and lack of positive earnings.

BHG Group AB Business Overview & Revenue Model

Company Description

BHG Group AB (BHG) is a leading e-commerce company in Northern Europe, specializing in home improvement, furniture, and garden products. Operating through a range of online platforms, BHG offers a comprehensive selection of products from well-known brands and its own private labels. The company leverages its extensive digital presence to cater to a diverse customer base seeking quality products for their homes and outdoor spaces.

How the Company Makes Money

BHG Group AB generates revenue primarily through the sale of home improvement and lifestyle products via its e-commerce platforms. The company's key revenue streams include direct online sales to consumers, supported by its extensive product catalog and efficient logistics operations. BHG also benefits from partnerships with various suppliers and brands, which enable it to offer a broad selection of products. Additionally, the company may engage in strategic acquisitions to enhance its market position and expand its product offerings, thereby driving further revenue growth.

BHG Group AB Financial Statement Overview

Summary

The company faces financial challenges with declining revenue and persistent losses impacting profitability. Despite a stable balance sheet with manageable debt levels, operational inefficiencies are evident. Cash flow generation is a positive aspect, but overall financial performance requires improvement.

Income Statement

The income statement shows declining revenue from its peak in 2022, with a negative net income in recent periods. Despite a substantial gross profit, the company is experiencing negative EBIT and EBITDA margins, indicating operational inefficiencies. The revenue growth trend is negative, reflecting a challenging market position.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio, indicating manageable leverage. However, the equity ratio has decreased over the years, suggesting a decline in financial stability. The return on equity is negative due to the company's losses, highlighting profitability challenges.

Cash Flow

Cash flow analysis shows a positive operating cash flow and improved free cash flow in the TTM period. However, the free cash flow to net income ratio indicates inefficiencies due to negative net income. The company has shown some resilience in cash flow generation despite operating losses.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
10.16B	9.96B	11.79B	13.43B	12.67B	8.97B
	Gross Profit
1.80B	2.43B	1.87B	2.98B	3.36B	2.33B
	EBIT
-361.30M	-442.90M	-1.37B	91.20M	710.60M	657.80M
	EBITDA
527.70M	452.00M	-867.60M	635.10M	1.01B	833.60M
	Net Income Common Stockholders
-592.30M	-678.80M	-1.56B	45.80M	480.90M	415.10M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
419.80M	451.30M	370.30M	477.60M	273.50M	299.00M
	Total Assets
10.96B	10.89B	11.42B	14.28B	13.61B	8.63B
	Total Debt
2.80B	2.84B	2.56B	2.89B	3.40B	2.64B
	Net Debt
2.38B	2.39B	2.19B	2.41B	3.12B	2.34B
	Total Liabilities
4.99B	4.91B	4.91B	6.61B	8.36B	5.81B
	Stockholders Equity
5.77B	5.79B	6.34B	7.61B	5.21B	2.79B
Cash Flow		Free Cash Flow
596.20M	522.20M	1.37B	-304.30M	-220.90M	899.80M
	Operating Cash Flow
629.90M	657.20M	1.55B	-105.60M	-27.60M	994.30M
	Investing Cash Flow
-84.40M	-77.60M	-654.40M	-454.90M	-1.86B	-2.04B
	Financing Cash Flow
-421.80M	-477.40M	-970.90M	765.10M	1.85B	1.10B

BHG Group AB Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 22.76
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BHG, the sentiment is Negative. The current price of 22.76 is below the 20-day moving average (MA) of 25.18, below the 50-day MA of 24.14, and above the 200-day MA of 20.56, indicating a neutral trend. The MACD of -0.28 indicates Positive momentum. The RSI at 36.47 is Neutral, neither overbought nor oversold. The STOCH value of 6.45 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:BHG.

BHG Group AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
STEF.B	68 Neutral	kr6.02B	14.47	7.70%	―	1.88%	―
BRIN.B	67 Neutral	kr3.89B	47.56	1.16%	―	4.75%	―
Sector *	61 Neutral	$2.83B	10.72	0.40%	6.10%	5.80%	-21.26%
FOI.B	60 Neutral	$7.35B	81.18	2.00%	4.77%	-6.37%	-72.36%
CORE.A	53 Neutral	€7.47B	―	-4.46%	2.31%	-9.00%	87.77%
SBB.B	51 Neutral	€8.96B	―	-23.76%	19.17%	-30.32%	79.30%
BHG	46 Neutral	kr4.20B	―		―	-9.16%	60.89%

BHG Group AB Corporate Events

BHG Group AB Annual Meeting: Strategic Resolutions and Incentive Programs

At its annual general meeting, BHG Group AB decided not to distribute dividends for the 2024 financial year, opting instead to carry forward the company’s results. The meeting also re-elected board members and approved a new share-based incentive program aimed at senior executives, enhancing the company’s capital structure flexibility and aligning management interests with shareholder value. Additionally, the board was authorized to issue new shares to support acquisition strategies, reflecting BHG’s focus on strategic growth and market positioning.