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Hoist Finance AB
(HOFI)
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Rating:75Outperform
Price Target:
kr207.00
▲(22.99% Upside)
Action:Upgraded
Date:05/09/26
The score is driven primarily by solid financial performance (strong profitability but higher leverage and volatile cash flow), supported by positive technical momentum and a relatively low P/E valuation; dividend support is modest.
Positive Factors
Strong profitability & margins
Sustained mid-to-high 20% operating margins indicate durable unit economics versus peers. High margins support strong return on equity, internal funding for portfolio purchases and reinvestment, and provide a cushion against collection variability over the next several quarters.
Negative Factors
Elevated leverage
Higher leverage increases sensitivity to funding cost shifts and reduces financial flexibility to bid for portfolios or absorb collection shocks. If funding spreads widen, interest expense can compress net returns and constrain strategic optionality over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong profitability & margins
Sustained mid-to-high 20% operating margins indicate durable unit economics versus peers. High margins support strong return on equity, internal funding for portfolio purchases and reinvestment, and provide a cushion against collection variability over the next several quarters.
Read all positive factors
Hoist Finance AB (HOFI) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr16.08B
Dividend Yield1.78%
Average Volume (3M)97.12K
Price to Earnings (P/E)14.3
Beta (1Y)0.81
Revenue Growth6.42%
EPS Growth23.06%
CountrySE
Employees1,031
SectorGeneral
Sector StrengthN/A
IndustryFinancial - Mortgages
Share Statistics
EPS (TTM)12.83
Shares Outstanding87,422,610
10 Day Avg. Volume108,539
30 Day Avg. Volume97,117
Financial Highlights & Ratios
PEG Ratio0.64
Price to Book (P/B)1.59
Price to Sales (P/S)1.69
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr192.00Price Target Upside14.08% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)14.72
Revenue Forecast (FY)kr4.90B
Hoist Finance AB Business Overview & Revenue Model
Company Description
Hoist Finance AB (publ) is a financial services firm specializing in the acquisition and management of loan portfolios across Europe. Its business is structured into three main divisions: Unsecured, Secured, and Performing. The company procures bo...
How the Company Makes Money
Hoist Finance primarily makes money by (1) purchasing non-performing loan (NPL) portfolios from banks and other financial institutions at a discount to their gross book value and (2) generating cash collections over time from those portfolios that...
Hoist Finance AB Financial Statement Overview
Summary
Income Statement
84
Very Positive
Balance Sheet
67
Positive
Cash Flow
56
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.97B | 5.85B | 5.09B | 3.84B | 3.12B | 2.54B |
| Gross Profit | 3.90B | 3.77B | 3.90B | 3.17B | 2.56B | 1.97B |
| EBITDA | 1.61B | 1.55B | 1.40B | 942.00M | 599.00M | 99.00M |
| Net Income | 1.19B | 1.14B | 1.01B | 663.00M | 801.00M | -117.00M |
Balance Sheet | ||||||
| Total Assets | 64.58B | 63.22B | 56.93B | 34.02B | 32.50B | 30.37B |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 0.00 | 0.00 | 0.00 | -105.00M | 0.00 |
| Total Debt | 10.71B | 10.81B | 7.05B | 5.63B | 6.55B | 6.04B |
| Total Liabilities | 57.21B | 57.02B | 50.23B | 28.10B | 26.75B | 25.43B |
| Stockholders Equity | 7.37B | 6.20B | 6.71B | 5.92B | 5.74B | 4.94B |
Cash Flow | ||||||
| Free Cash Flow | 983.00M | 0.00 | 5.81B | 4.40B | 3.84B | 3.48B |
| Operating Cash Flow | 895.00M | 464.00M | 5.81B | 4.40B | 3.84B | 3.48B |
| Investing Cash Flow | -5.14B | 266.00M | -18.08B | -3.62B | -7.13B | -3.00B |
| Financing Cash Flow | 5.99B | 6.88B | 20.06B | 572.00M | 4.33B | -1.45B |
Hoist Finance AB Technical Analysis
Positive
168.30
Price Trends
165.84
Positive
155.52
Positive
129.42
Positive
Market Momentum
4.94
Negative
63.79
Neutral
60.85
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:HOFI, the sentiment is Positive. The current price of 168.3 is below the 20-day moving average (MA) of 174.81, above the 50-day MA of 165.84, and above the 200-day MA of 129.42, indicating a bullish trend. The MACD of 4.94 indicates Negative momentum. The RSI at 63.79 is Neutral, neither overbought nor oversold. The STOCH value of 60.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:HOFI.
Hoist Finance AB Peers Comparison
UnderperformOutperform
Sector (55)
SE:HOFI
Hoist Finance AB
183.90
99.80
118.67%
GB:0H9P
Intrum Justitia AB
3.21
-10.10
-75.90%
SE:NORION
Collector AB
63.30
6.50
11.44%
DE:6TF0
TF Bank AB
15.66
4.00
34.33%
SE:ALM
ALM Equity AB
47.10
-43.90
-48.24%
Hoist Finance AB Corporate Events
Hoist Finance Sets Date for Q2 2026 Results Presentation
Jul 7, 2026
Hoist Finance, a regulated credit market company listed on Nasdaq Stockholm, specialises in acquiring and managing non-performing loan portfolios from banks and financial institutions across 14 European countries. The asset manager also works dire...
Hoist Finance Sets September 2026 Capital Markets Day in Stockholm
Jul 1, 2026
Hoist Finance will host a Capital Markets Day in central Stockholm on 9 September 2026, offering both in‑person and digital participation for investors, analysts, media and other stakeholders. Senior management will present strategic and fin...
Hoist Finance closes acquisition of UK debt purchaser Azzurro Associates
Jun 29, 2026
Hoist Finance has completed its acquisition of UK debt purchaser Azzurro Associates, adding a GBP 200 million portfolio of SME non-performing loans and securing an FCA-regulated platform in one of Europe’s largest credit markets. The deal, w...
Hoist Finance Secures SEK 160 Million VAT Refund, Lifting Q2 2026 Earnings
Jun 25, 2026
Hoist Finance, a Swedish asset manager focused on non-performing loans across 14 European markets, acquires distressed debt portfolios from banks and financial institutions and restructures them through long-term repayment solutions for individual...
Moody’s lifts Hoist Finance to Baa1 with stable outlook
Jun 12, 2026
Moody’s Ratings has upgraded Hoist Finance’s long-term issuer and senior unsecured ratings to Baa1 from Baa2 and its subordinated ratings to Ba1 from Ba2, while revising the outlook on the long-term senior unsecured and issuer ratings ...
Hoist Finance Raises SEK 300m in AT1 Capital to Support Growth
May 12, 2026
Hoist Finance, an asset manager focused on non-performing loans across 14 European countries, acquires distressed debt portfolios from banks and financial institutions and helps consumers and smaller firms restructure obligations through long-term...
Hoist Finance AGM Backs Dividend, Governance Line-up and New Staff Share Plan
May 7, 2026
Hoist Finance AB’s annual general meeting in Stockholm approved the 2025 accounts and confirmed a dividend of SEK 6 per share, to be paid in mid-May, while carrying forward remaining earnings. Shareholders re-elected five board members, appo...
Hoist Finance Sets Date for Q1 2026 Results and Investor Presentation
Apr 13, 2026
Hoist Finance will publish its first-quarter 2026 results on 6 May, followed by a combined webcast and teleconference where CEO Harry Vranjes and CFO Magnus Söderlund will present and comment on the figures in English. The scheduled event und...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.