Hove AS (HOVE) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Hove AS stock DKK 4.68, price DKK 7.08, that is 33.9% below the price, quality 72 out of 100. Rating: overvalued. Calculated from audited financials with 17 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 3, 2026.
How to read this chart
59‑month range kr 2.31 – kr 8.66 · fair‑value band kr 3.51 – kr 7.52 · the kr 7.08 price screens above the kr 4.68 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
Follow Hove AS in your weekly email
Every Wednesday you see whether Hove AS 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.
Hove A/S develops, produces, and supplies advanced lubrication solutions for heavy machinery in Denmark and internationally.
Show moreShow less
The company offers Hove Smart Lube, a field-proven digital solution for traceability and maintaining control of lubrication; Hove Carry, a portable lubrication pump for port cranes; EASY GREASE V5 and EASY GREASE V4 lubrication pumps; Hove ONE pump for direct and central lubrication systems; HOVE REFILLER V2 to fast-fill reservoirs on central lubrication systems with a minimum risk of contamination; and HOVE pre-filled grease cartridges.
It also distributes dosing, delivery, and radial piston pumps. It serves wind, mining, and port industries. The company was founded in 2000 and is headquartered in Glostrup, Denmark.
Stock analysis
Hove AS (HOVE) currently trades at kr 7.08, while our model-based Fair Value estimate is kr 4.68, 34% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of kr 12.48 per share, and 10 of the 17 models we run sit above the kr 7.08 price.
Bear case: the DCF Models group reads lowest at kr 0.7100, and 7 of the 17 models stay below the price. Data coverage for this calculation is high.
Scenario range: kr 3.51 (bear) to kr 7.52 (bull), the price of kr 7.08 sits inside 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 72/100 (solid quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Hove AS reported revenue of 209M DKK in FY2025 versus 103M DKK in FY2021, a compound +19.4%/yr. Reported net income was 13.6M DKK in FY2025, compounding +36.2%/yr from FY2021.
Key figures
Market cap 179M DKK (≈ $26.8M) Micro · P/E ratio 8.7 · P/S ratio 0.71 · EPS (TTM) kr 0.8100 · Dividend yield 3.5% · Net margin 8.2% · Return on equity 23.1% · Return on assets (EBIT) 11.1% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 59 out of 100 (low confidence).
What moves the price
The share trades about 2% below its 52-week high and 55% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −43% fair-value upside, at −34%, HOVE screens cheaper than that median.
Fair Value models
Bearkr 3.51Fair Value kr 4.68Bullkr 7.52
Price kr 7.08 · Downside -33.9%
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (kr 0.4802 per share) are deliberately not added.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.
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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+23.7%
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.
+11.4%
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.
+15.3%
Start year 2020 (pandemic)
Revenue growth 6 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.
+13.0%
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+14.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+11.4%
Dividend (yield on the price)3.5%
Profit margin 2020 to 2025 ⓘ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.9% → 10%
2025 sits 146% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
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.Specialty Chemicals · 728 stocks
Beats the industry median on 10/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score72 · Top 25%
Fair Value upside−33.9% · Below median
Profitability
Return on equity (12 months)23.1% · Top 25%
Return on assets11.8% · Top 25%
Net margin (12 months)8.2% · Above median
Operating margin (12 months)8.8% · Below median
Growth and dividend
Revenue growth (quarter YoY)34.7% · Top 25%
Dividend yield (12 months)3.5% · Top 25%
Balance sheet
Debt / equity0.04× · Below median
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
P/E (12 months)8.7× · Cheapest 25%
P/B2.05× · Pricier than median
P/S (12 months)0.71× · Cheaper than median
EV/EBITDA6.4× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)100· sector 67
PAST (return on equity)92· sector 27
HEALTH (low debt)98· sector 95
DIVIDEND (yield)71· sector 31
VALUE 0: the price sits above our fair-value range.
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). "Hove AS Fair Value". https://www.fairvalue-calculator.com/stock/HOVE
Frequently asked questions
Is Hove AS (HOVE) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of kr 4.68 versus a price of kr 7.08, about 34% lower (overvalued).
What is the fair value of HOVE?
Our model-based fair value for Hove AS is kr 4.68 (as of Nov 3, 2026), built from audited fundamentals. The current price: kr 7.08.
What is the quality score of HOVE?
Hove AS has a Quality Score of 72/100. 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 Hove AS (HOVE)?
Our model-based price target is the fair value of kr 4.68 (as of Nov 3, 2026) from 17 valuation models. Cautious scenario kr 3.51, optimistic scenario kr 7.52. It is a calculation from audited fundamentals, not an analyst target.
What is the Hove AS stock forecast for 2026?
Our models put fair value at kr 4.68, about 34% lower versus a price of kr 7.08 (overvalued). Cautious scenario kr 3.51, optimistic scenario kr 7.52. The calculation is refreshed regularly with new filings.
What is the revenue of Hove AS (HOVE)?
Hove AS reported trailing-twelve-month revenue of about 251M DKK (latest available figure, as of Nov 3, 2026).
Does Hove AS pay a dividend?
Hove AS currently shows a dividend yield of 3.53% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of Hove AS (HOVE) and when is the ex-dividend date?
Hove AS pays a dividend of kr 0.25 per share a year, a dividend yield of 3.5%. The last ex-dividend date was Apr 24, 2026. The payout ratio is 30.9% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Hove AS (HOVE)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hove AS it is kr 4.68 per share (as of Nov 3, 2026), against a price of kr 7.08. It is the blended result of 17 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Hove AS stock overvalued or undervalued in 2026?
As of Nov 3, 2026, HOVE trades above its calculated fair value: price kr 7.08, fair value kr 4.68, a gap of about −34% (overvalued). 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 HOVE?
No. The price is what the market pays today (kr 7.08); the fair value is what the company's own numbers justify (kr 4.68). For Hove AS the two are kr 2.40 per share apart. That gap is exactly why we show both numbers side by side.
How much is Hove AS worth?
The market values Hove AS at about 179M DKK (market capitalisation, as of Nov 3, 2026). Per share that is kr 7.08; our models calculate a fair value of kr 4.68 per share.
What do the bullish and bearish scenarios say about HOVE?
Our models span a range for Hove AS: cautious scenario kr 3.51, base kr 4.68, optimistic kr 7.52 per share (as of Nov 3, 2026, price kr 7.08). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of HOVE?
Hove AS trades at a price-to-earnings ratio of 8.7 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of kr 4.68 is built from several models across several years. Median P/E at fiscal year-end, 5 fiscal years (2021 to 2025), reported earnings: 13.8. Other multiples: P/B 2.1, P/S 0.7, EV/EBITDA 6.4.
How solid is the balance sheet of Hove AS (HOVE)?
Balance-sheet figures for Hove AS (as of Nov 3, 2026): return on equity 23.1%, debt of 0.04 per unit of equity. They feed the Quality Score of 72/100, which measures business quality independently of the share price.
How far is HOVE from its 52-week high?
Hove AS trades at kr 7.08, about 2% below its 52-week high of kr 7.24 and 55% above the low of kr 4.56 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of kr 4.68 is for.
Which stocks are comparable to Hove AS?
From the same area (Basic Materials) we also value Linde plc, Ecolab Inc, The Sherwin-Williams Company, Nan Ya Plastics Corporation, 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 Hove AS stock attractive at the current price?
The data as of Nov 3, 2026: price kr 7.08, calculated fair value kr 4.68 (−34%), Quality Score 72/100, from 17 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 HOVE calculated?
We run Hove AS through 17 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of kr 4.68 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 13.3% above its aggregate fair value. Hove AS itself currently trades above fair value. 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 Hove AS (HOVE)?
The closing price on Nov 6, 2026 was kr 7.08. Our model-based fair value is kr 4.68, about 34% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hove AS right now?
Solid but not exceptional quality (72/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (kr 3.51 to kr 7.52) leaves room in how you read the outcome.
Key figures of Hove AS
How large is the market capitalisation of Hove AS (HOVE)?
The market capitalisation of Hove AS is 179M DKK (≈ $26.8M). 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 Hove AS (HOVE)?
The price-to-sales ratio of Hove AS is 0.71 (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 Hove AS (HOVE)?
Earnings per share at Hove AS are kr 0.8100 (price ÷ EPS = P/E 8.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Hove AS (HOVE)?
The dividend yield of Hove AS is 3.5% (payout 30.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Hove AS (HOVE)?
The net margin of Hove AS is 8.2% (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 Hove AS (HOVE)?
The return on equity (ROE) of Hove AS is 23.1% (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 Hove AS (HOVE)?
On an EBIT basis the return on assets of Hove AS is 11.1% (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 Hove AS (HOVE)?
The operating margin of Hove AS is 8.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hove AS (HOVE)?
Revenue at Hove AS is growing +34.7% versus a year earlier (3y avg +11.4%). 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 Hove AS (HOVE)?
Earnings per share at Hove AS are growing +340% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Hove AS (HOVE) generate?
The free cash flow of Hove AS is −682K DKK (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 Hove AS (HOVE) carry?
The net debt of Hove AS is 4.4M DKK (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 Hove AS in the live analysis
One click puts Hove AS on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Broad data
Nov 3, 2026