Hedera Group publ AB (HEGR) fair value: what the stock is really worth
As of Nov 11, 2026: fair value (intrinsic value) of Hedera Group publ AB stock SEK 1.62, price SEK 0.65, upside +148.5%, quality 28 out of 100. Rating: strongly undervalued. Calculated from audited financials with 3 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 12, 2026.
How to read this chart
60‑month range kr 0.3500 – kr 7.51 · fair‑value band kr 0.7225 – kr 2.80 · the kr 0.6500 price screens below the kr 1.62 fair value. As of Nov 12, 2026.
Follow Hedera Group publ in your weekly email
Every Wednesday you see whether Hedera Group publ is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Hedera Group AB (publ), together with its subsidiaries, provides staffing solutions in Sweden. The company operates through Assistance and Staffing segments. It offers nursing staffing for primary care and inpatient care; personal assistance; and staffing in life sciences.
Show moreShow less
The company was incorporated in 2010 and is headquartered in Stockholm, Sweden.
Stock analysis
Hedera Group publ AB (HEGR) currently trades at kr 0.6500, while our model-based Fair Value estimate is kr 1.62, implying the stock looks roughly 60% undervalued today.
Show more
Valuation
How firm this estimate is: it rests on 3 models at a data quality of 96/100, which puts the data coverage at low.
Scenario range: kr 0.7225 (bear) to kr 2.80 (bull), the price of kr 0.6500 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 28/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Hedera Group publ AB reported revenue of 516M SEK in FY2025 versus 247M SEK in FY2021, a compound +20.2%/yr. Reported net income was −9.4M SEK in FY2025.
Key figures
Market cap 22.2M SEK (≈ $2.2M) Micro · P/S ratio 0.03 · EPS (TTM) kr −0.3300 · Net margin −2.3% · Return on equity −10.5% · Return on assets (EBIT) 2.9% (5-year average) · Operating margin −4.0% · Revenue (TTM) 495M SEK.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 9 out of 100 (low confidence).
What moves the price
The share trades about 20% below its 52-week high and 86% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 14% fair-value upside, at 148%, HEGR screens cheaper than that median.
Fair Value models
Bearkr 0.7225Fair Value kr 1.62Bullkr 2.80
Price kr 0.6500 · Upside +148.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
DDM Multi-Stagekr 0.8500kr 1.54kr 1.9866
Gordon GGMkr 0.8500kr 1.90kr 3.2965
EV/EBITDAn/an/akr 0.090062
All 3 models by family
Dividend Discount
Gordon GGMkr 0.8500kr 1.90kr 3.2965
DDM Multi-Stagekr 0.8500kr 1.54kr 1.9866
Multiples
EV/EBITDAn/an/akr 0.090062
The fair value above starts from this blend and is adjusted for dilution from new shares.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−5.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+18.8%
Start year 2020 (pandemic). Over 10 years: +58.6% a year
Revenue growth 11 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+64.3%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
0.0% (2020) → −0.9% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Staffing & Employment Services · 86 stocks
P/B0.22× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Hedera Group publ AB Fair Value". https://www.fairvalue-calculator.com/stock/HEGR
Frequently asked questions
Is Hedera Group publ AB (HEGR) overvalued or undervalued?
As of Nov 12, 2026, our model estimates a fair value of kr 1.62 versus a price of kr 0.6500, about +148% upside (undervalued).
What is the fair value of HEGR?
Our model-based fair value for Hedera Group publ AB is kr 1.62 (as of Nov 12, 2026), built from audited fundamentals. The current price: kr 0.6500.
What is the quality score of HEGR?
Hedera Group publ AB has a Quality Score of 28/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Hedera Group publ AB (HEGR)?
Our model-based price target is the fair value of kr 1.62 (as of Nov 12, 2026) from 3 valuation models. Cautious scenario kr 0.7225, optimistic scenario kr 2.80. It is a calculation from audited fundamentals, not an analyst target.
What is the Hedera Group publ AB stock forecast for 2026?
Our models put fair value at kr 1.62, about +148% upside versus a price of kr 0.6500 (undervalued). Cautious scenario kr 0.7225, optimistic scenario kr 2.80. The calculation is refreshed regularly with new filings.
What is the revenue of Hedera Group publ AB (HEGR)?
Hedera Group publ AB reported trailing-twelve-month revenue of about 495M SEK (latest available figure, as of Nov 12, 2026).
What is the intrinsic value of Hedera Group publ AB (HEGR)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hedera Group publ AB it is kr 1.62 per share (as of Nov 12, 2026), against a price of kr 0.6500. It is the blended result of 3 valuation models in 2 families (Dividend Discount, Multiples).
Is Hedera Group publ AB stock overvalued or undervalued in 2026?
As of Nov 12, 2026, HEGR trades below its calculated fair value: price kr 0.6500, fair value kr 1.62, a gap of about +148% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of HEGR?
No. The price is what the market pays today (kr 0.6500); the fair value is what the company's own numbers justify (kr 1.62). For Hedera Group publ AB the two are kr 0.9650 per share apart. That gap is exactly why we show both numbers side by side.
How much is Hedera Group publ AB worth?
The market values Hedera Group publ AB at about 22.2M SEK (market capitalisation, as of Nov 12, 2026). Per share that is kr 0.6500; our models calculate a fair value of kr 1.62 per share.
What do the bullish and bearish scenarios say about HEGR?
Our models span a range for Hedera Group publ AB: cautious scenario kr 0.7225, base kr 1.62, optimistic kr 2.80 per share (as of Nov 12, 2026, price kr 0.6500). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Hedera Group publ AB (HEGR)?
Balance-sheet figures for Hedera Group publ AB (as of Nov 12, 2026): return on equity −10.5%, debt of 0.04 per unit of equity. They feed the Quality Score of 28/100, which measures business quality independently of the share price.
How far is HEGR from its 52-week high?
Hedera Group publ AB trades at kr 0.6500, about 20% below its 52-week high of kr 0.8100 and 86% above the low of kr 0.3500 (as of Nov 11, 2026). Distance from the high says nothing about value: that is what the fair value of kr 1.62 is for.
Which stocks are comparable to Hedera Group publ AB?
From the same area (Industrials) we also value Randstad N.V, Adecco Group, Korn Ferry,, Robert Half Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Hedera Group publ AB stock attractive at the current price?
The data as of Nov 12, 2026: price kr 0.6500, calculated fair value kr 1.62 (+148%), Quality Score 28/100, from 3 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of HEGR calculated?
We run Hedera Group publ AB through 3 models from 2 families: Dividend Discount, Multiples. Every model gets the same audited fundamentals; the fair value of kr 1.62 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.0% above its aggregate fair value. Hedera Group publ AB currently trades 60% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Hedera Group publ AB (HEGR)?
The closing price on Nov 11, 2026 was kr 0.6500. Our model-based fair value is kr 1.62, about +148% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hedera Group publ AB right now?
The large discount to fair value meets weak quality (28/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (kr 0.7225). The market is more pessimistic than our downside scenario. The model range is unusually wide (kr 0.7225 to kr 2.80). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Hedera Group publ AB
How large is the market capitalisation of Hedera Group publ AB (HEGR)?
The market capitalisation of Hedera Group publ AB is 22.2M SEK (≈ $2.2M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Hedera Group publ AB (HEGR)?
The price-to-sales ratio of Hedera Group publ AB is 0.03 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Hedera Group publ AB (HEGR)?
Earnings per share at Hedera Group publ AB are kr −0.3300. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Hedera Group publ AB (HEGR)?
The net margin of Hedera Group publ AB is −2.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Hedera Group publ AB (HEGR)?
The return on equity (ROE) of Hedera Group publ AB is −10.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Hedera Group publ AB (HEGR)?
On an EBIT basis the return on assets of Hedera Group publ AB is 2.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Hedera Group publ AB (HEGR)?
The operating margin of Hedera Group publ AB is −4.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hedera Group publ AB (HEGR)?
Revenue at Hedera Group publ AB is growing −7.2% versus a year earlier (3y avg +4.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Hedera Group publ AB (HEGR)?
Earnings per share at Hedera Group publ AB are growing −93.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Hedera Group publ AB (HEGR) generate?
The free cash flow of Hedera Group publ AB is −400K SEK (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Hedera Group publ AB (HEGR) carry?
The net debt of Hedera Group publ AB is 22.9M SEK (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Hedera Group publ AB in the live analysis
One click puts Hedera Group publ AB on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 12, 2026