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Hofseth BioCare ASA (HBC) Fair Value & Analysis

Consumer Defensive · NO · Market cap 651M NOK

HB Hofseth BioCare ASA HBC · OL
Pricekr 1.33
Fair Valuekr 2.27
Upside+70.7%
Quality34/100
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Mixed Growth
Loss-making · -56.5% net margin
Negative equity (buybacks among others) · negative free cash flow
Trails peers (3/9)
Narrow moat 8/100
Evidence: Low Range kr 1.70 – kr 2.84 Share as image

Fair value as of: Jun 23, 2026

From 3 valuation models · updated 52 days ago

Share price −8.6% over the past month.

Below-average quality, screening 71% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (34/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (kr 1.70). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

kr 8.30 kr 1.12 Fair Value kr 2.27 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jun 23, 2026.

How to read this chart

60‑month range kr 1.12 – kr 8.30 · fair‑value band kr 1.70 – kr 2.84 · the kr 1.33 price screens below the kr 2.27 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jun 23, 2026.

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Analysis

Hofseth BioCare ASA (HBC) currently trades at kr 1.33, while our model-based Fair Value estimate is kr 2.27, implying the stock looks roughly 70.7% undervalued today. The Quality Score stands at 34/100 (below-average quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Over the trailing twelve months, Hofseth BioCare ASA generated revenue of 256M NOK at a net margin of -52.6%. Revenue grew 11.2% year over year. Net debt stands at 191M NOK. Fundamentals as of Jun 23, 2026

Our scenario range runs from kr 1.70 (bear case) to kr 2.84 (bull case); at kr 1.33, the current price sits below 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 49% below its 52-week high and 21% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -14% fair-value upside, at 71%, HBC screens cheaper than that median.

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Key figures & financial health

Revenue (TTM) 256M NOK
Revenue growth (YoY) +11.2%
Net margin -52.6%
Return on equity -346%
Free cash flow −41.7M NOK FY2025
Operating margin -51.8%
More key figures
EPS (TTM) kr -0.3300
Net debt 191M NOK FY2025

Figures from reported company fundamentals · as of Jun 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 34/100

Of which business quality 32 · Market factors (momentum, volatility) 33

Profitability 22
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 18
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 13
Distance to the 52-week high (market factor)
Net Issuance 67
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

Hofseth BioCare ASA produces and sells health nutritional products for humans and pets in Norway, the United Kingdom, France, Belgium, Italy, Germany, Turkey, rest of Europe, Japan, Asia, and the United States.

Full company description

Hofseth BioCare ASA produces and sells health nutritional products for humans and pets in Norway, the United Kingdom, France, Belgium, Italy, Germany, Turkey, rest of Europe, Japan, Asia, and the United States. The company offers ProGo, a bioactive peptide for weight management and metabolic health; OmeGo, a fish oil that provides a full spectrum of fatty acids and omegas; CalGo and NT-II, which are calcium collagen complexes that support joint and bone health; CollaGo; and PetGo, a non-soluble protein. Hofseth BioCare ASA was founded in 2000 and is headquartered in Ålesund, Norway.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hofseth BioCare ASA reported revenue of kr 256M in FY2025 versus kr 87.6M in FY2021, a compound +30.8%/yr. Reported net income was −kr 135M in FY2025.

Growth Quality 30/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
256M NOK
Latest YoY
−0.4%
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.
+28.6%
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.
+29.9%
Avg. growth/yr (15Y) 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.
+62.8%
Revenue +30.8%/yr
FY21 kr 87.6M
FY22 kr 120M
FY23 kr 195M
FY24 kr 257M
FY25 kr 256M
Net income
FY21 −kr 126M
FY22 −kr 137M
FY23 −kr 107M
FY24 −kr 123M
FY25 −kr 135M

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Cite: Fair Value Calculator (2026). "Hofseth BioCare ASA Fair Value". https://www.fairvalue-calculator.com/stock/HBC

Peer Group

Packaged Foods · 652 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 34 · Bottom 25%
Fair Value upside +71% · Top 25%
Return on assets -20% · Bottom 25%
Net margin (TTM) -56% · Bottom 25%
Operating margin (TTM) -68% · Bottom 25%
Revenue growth -19% · Bottom 25%

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/S (TTM) 0.28× · Cheaper than median

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 100 · sector 24
FUTURE 0 · sector 19
PAST 0 · sector 28
HEALTH 100 · sector 96
DIVIDEND 0 · sector 47

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

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 Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Jun 23, 2026).

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,507 ₹362.37 -76%
Britannia Industries Limited BRITANNIA ₹5,646 ₹1,870 -67%
Tata Consumer Products Limited TATACONSUM ₹1,062 ₹327.27 -69%
PT Indofood CBP Sukses Makmur Tbk ICBP 7,550 IDR 12,864 IDR +70%
Samyang Foods Co 003230 1,219,000 KRW 1,010,543 KRW -17%
Patanjali Foods Limited PATANJALI ₹352.60 ₹144.77 -59%
Vietnam Dairy Products Joint Stock Company VNM 61,600 VND 52,858 VND -14%
PT Mayora Indah Tbk, MYOR 1,665 IDR 2,699 IDR +62%
PT Cisarua Mountain Dairy Tbk CMRY 4,630 IDR 4,350 IDR -6%
Nongshim Co 004370 389,500 KRW 530,619 KRW +36%

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Frequently asked questions

Is Hofseth BioCare ASA (HBC) overvalued or undervalued?
As of Jun 23, 2026, our model estimates a fair value of kr 2.27 versus a price of kr 1.33, about +71% (undervalued).
What is the fair value of HBC?
Our model-based fair value for Hofseth BioCare ASA is kr 2.27 (as of Jun 23, 2026), built from audited fundamentals. The current price is kr 1.33.
What is the quality score of HBC?
Hofseth BioCare ASA has a Quality Score of 34/100. 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 Hofseth BioCare ASA (HBC)?
Hofseth BioCare ASA reported trailing-twelve-month revenue of about 256M NOK (latest available figure, as of Jun 23, 2026).
What is the net profit margin of HBC?
The net profit margin of Hofseth BioCare ASA is about -52.6%, 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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