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Boho Group (BOHO) Fair Value & Analysis

Consumer Cyclical · SE · Market cap 466M SEK

BG Boho Group BOHO · ST
Pricekr 7.52
Fair Valuekr 1.66
Upside-77.9%
Quality35/100
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Expensive Growth
Loss-making · -26.9% net margin
Moderate debt · negative free cash flow
Trails peers (2/11)
Narrow moat 9/100
Evidence: Low Range kr 1.24 – kr 2.48 Share as image

Fair value as of: Jul 16, 2026

From 1 valuation models · updated 26 days ago

Share price −7.4% over the past month.

Below-average quality, and screening another 78% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 2.48). The favourable scenario is already priced in.
  • Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (kr 1.24 to kr 2.48) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

kr 17.50 kr 2.60 Fair Value kr 1.66 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range kr 2.60 – kr 17.50 · fair‑value band kr 1.24 – kr 2.48 · the kr 7.52 price screens above the kr 1.66 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Boho Group (BOHO) currently trades at kr 7.52, while our model-based Fair Value estimate is kr 1.66, implying the stock looks roughly 77.9% overvalued today. The Quality Score stands at 35/100 (below-average 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: low).

Over the trailing twelve months, Boho Group generated revenue of 105M SEK at a net margin of -26.9%. Revenue declined 37.7% year over year. It earns a return on equity of -18.7%. Net debt stands at 194M SEK. Fundamentals as of Jul 16, 2026

Our scenario range runs from kr 1.24 (bear case) to kr 2.48 (bull case); at kr 7.52, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 29% below its 52-week high and 38% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -62% fair-value upside, at -78%, BOHO screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
NCAV (Graham) kr 1.24 kr 1.66 kr 2.48 50
All 1 models by family
Asset-Based
NCAV (Graham) kr 1.24 kr 1.66 kr 2.48 50

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Key figures & financial health

Revenue (TTM) 105M SEK
Revenue growth (YoY) -37.7%
Net margin -26.9%
Return on equity -18.7%
Free cash flow −7.7M SEK FY2025
Operating margin -67.8%
More key figures
EPS (TTM) kr -0.9200
EPS growth (YoY) +63.2%
Net debt 194M SEK FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 35/100

Of which business quality 31 · Market factors (momentum, volatility) 46

Profitability 3
Margins and returns on capital today
Quality Growth 32
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 23
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 51
Distance to the 52-week high (market factor)
Net Issuance 79
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Boho Group AB (publ) operates as a hotel and restaurant development and operating company in Spain and Europe. It owns and operates Boho Club, a boutique resort on the Golden Mile in Marbella. The company was formerly known as Quartiers Properties AB (publ) and changed its name to Boho Group AB (publ) in September 2024.

Full company description

Boho Group AB (publ) operates as a hotel and restaurant development and operating company in Spain and Europe. It owns and operates Boho Club, a boutique resort on the Golden Mile in Marbella. The company was formerly known as Quartiers Properties AB (publ) and changed its name to Boho Group AB (publ) in September 2024. The company was incorporated in 2014 and is headquartered in Stockholm, Sweden.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Boho Group reported revenue of kr 112M in FY2025 versus kr 156M in FY2021, a compound −8.0%/yr. Reported net income was −kr 32.9M in FY2025.

Growth Quality 38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
112M SEK
Latest YoY
−31.9%
Avg. growth/yr (3Y) 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.
−18.1%
Avg. growth/yr (5Y) 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.
+14.9%
Avg. growth/yr (9Y) 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.
+43.7%
Revenue −8.0%/yr
FY21 kr 156M
FY22 kr 203M
FY23 kr 330M
FY24 kr 164M
FY25 kr 112M
Net income
FY21 −kr 54.5M
FY22 −kr 41.9M
FY23 kr 6.6M
FY24 −kr 44.7M
FY25 −kr 32.9M

BOHO screens 78% overvalued. Compare with Marriott International, Inc →

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Cite: Fair Value Calculator (2026). "Boho Group Fair Value". https://www.fairvalue-calculator.com/stock/BOHO

Peer Group

Lodging · 168 stocks

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.

Quality Score 32 · Bottom 25%
Fair Value upside −78% · Bottom 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) -27% · Bottom 25%
Operating margin (TTM) -68% · Bottom 25%
Revenue growth -38% · Bottom 25%
Debt / equity 1.36× · Higher than 75% of peers

Valuation Multiples vs Lodging median · lower = cheaper

P/B 0.34× · Cheaper than 75% of peers
P/S (TTM) 0.47× · Cheaper than 75% of peers
EV/EBITDA 32.3× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 1
FUTURE 0 · sector 18
PAST 0 · sector 11
HEALTH 32 · sector 90
DIVIDEND 0 · sector 23

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Lodging stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Marriott International, Inc MAR $369.05 $135.64 -63%
Hilton Worldwide Holdings HLT $328.48 $123.67 -62%
InterContinental Hotels Group IHG $159.87 $85.18 -47%
Hyatt Hotels Corporation H $191.00 $47.69 -75%
H World Group HTHT $42.67 $47.55 +11%
Accor SA AC €47.25 €39.26 -17%
The Indian Hotels Company INDHOTEL ₹743.20 ₹260.68 -65%
Wyndham Hotels & Resorts, Inc WH $78.54 $24.02 -69%
Hanjin Kal, 180640 113,500 KRW 36,890 KRW -67%
Jabal Omar Development Company 4250 16.00 SAR 11.64 SAR -27%

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Frequently asked questions

Is Boho Group (BOHO) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of kr 1.66 versus a price of kr 7.52, about −78% (overvalued).
What is the fair value of BOHO?
Our model-based fair value for Boho Group is kr 1.66 (as of Jul 16, 2026), built from audited fundamentals. The current price is kr 7.52.
What is the quality score of BOHO?
Boho Group has a Quality Score of 35/100. 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 revenue of Boho Group (BOHO)?
Boho Group reported trailing-twelve-month revenue of about 105M SEK (latest available figure, as of Jul 16, 2026).
What is the net profit margin of BOHO?
The net profit margin of Boho Group is about -26.9%, meaning it is currently running at a net loss. Based on the latest reported figures.

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.

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