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BHG Group (BHG) Fair Value & Analysis

Consumer Cyclical · SE · Market cap 4.5B SEK

Pricekr 20.00
Fair Valuekr 16.21
Upside-19.0%
Quality92/100
Evidence: High Range kr 12.16 – kr 20.27

Fair value as of: Jun 24, 2026

Analysis

BHG Group (BHG) currently trades at kr 20.00, while our model-based Fair Value estimate is kr 16.21 — implying the stock looks roughly 19.0% overvalued today. We read business quality at 92/100 (high quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

About the company

BHG Group AB (publ) operates as a consumer e-commerce company in Sweden, Finland, Denmark, Norway, rest of Europe, and internationally. It operates in three segments: Home Improvement, Value Home, and Premium Living. The Home Improvement segment operates as a drop shipping model for Do-It-Yourself (DIY) product categories, such as garden, construction, and renovation products. Its Value Home segment offers furniture and leisure products. The Premium Living segment provides furniture, home furnishing, and interior design products. It sells its products under the Bygghemma, Taloon, Golvpoolen, Nordiska Fönster, Outlet1, Hafa, Hylte Jakt & Trädgård, Trademax, Chilli, Furniture 1, Furniturebox, Outlet1, Arc E-Commerce, Trendrum, Hemfint, Nordic Nest, Svenssons, Sleepo, KitchenTime, and Svenssons i Lammhult brands through e-commerce platforms and showrooms. The company was formerly known as Bygghemma Group First AB (publ) and changed its name to BHG Group AB (publ) in May 2020. BHG Group…

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Frequently asked questions

Is BHG Group (BHG) undervalued?
As of Jun 24, 2026, our model estimates a fair value of kr 16.21 versus a price of kr 20.00 — about −19% (overvalued). Model-based estimate, not financial advice.
What is the fair value of BHG?
Our 21-model fair value for BHG Group is kr 16.21 (as of Jun 24, 2026), built from audited fundamentals. The current price is kr 20.00.
What is the quality score of BHG?
BHG Group has a Quality Score of 92/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.