EN DE
Watch Hilbert Group AB Series B for free: we tell you when fair value or trend changes.
Data-driven stock valuation

Hilbert Group AB Series B (HILB-B) fair value: what the stock is really worth

As of Nov 11, 2026: fair value (intrinsic value) of Hilbert Group AB Series B stock SEK 2.27, price SEK 1.95, upside +16.3%, quality 28 out of 100. Rating: fairly valued. The value is an estimate: none of our valuation models currently carries, it draws on revenue and assets compared with similar companies. Updated daily.

  1. Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with one Yes, for free

Financial Services SE · ISIN SE0016278154

HG Hilbert Group AB Series B logo Thin data Nov 10, 2026

Hilbert Group AB Series B

HILB-B · ST
Low Priority

The stock costs 14% less than our calculation considers fair.

Revenue last quarter +79% vs. a year ago.
Fair value kr 2.27 · Fairly valued
Expensive Growth (revenue 5y +326.1 %/yr in SEK)
Negative equity (buybacks among others)
Mixed vs. peers (3/6)
Quality 28/100
Loss-making · -6.0% net margin (TTM)
Negative free cash flow
Narrow moat 11/100 · thin data
Thin data
Estimate
Watch Hilbert Group AB Series B for free: we tell you when fair value or trend changes. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

kr 4.58 kr 1.95 Fair Value kr 2.27 May 2026 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 10, 2026.

How to read this chart

5‑month range kr 1.95 – kr 4.58 · fair‑value band kr 1.70 – kr 2.84 · the kr 1.95 price screens below the kr 2.27 fair value. As of Nov 10, 2026.

Follow Hilbert Group AB Series B in your weekly email

Every Wednesday you see whether Hilbert Group AB Series B 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.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Hilbert Group AB (publ) operates as a tech-enabled investment company in Sweden. The company engages in the asset management, proprietary trading, and balance sheet investments activities in blockchain related equity.

Show moreShow less

It is also involved in equity investment and underlying data processing and analytics. The company also engages in Hilbert Finance business. Hilbert Group AB (publ) was incorporated in 2017 and is headquartered in Stockholm, Sweden.

Stock analysis

Hilbert Group AB Series B (HILB-B) currently trades at kr 1.95, while our estimate is kr 2.27, so the stock looks roughly fairly valued today (gap 14.0%).

Show more

Valuation

None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Scenario range: kr 1.70 (bear) to kr 2.84 (bull), the price of kr 1.95 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 28/100 (below-average quality), in the Financial Services sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Hilbert Group AB Series B reported revenue of 209M SEK in FY2025 versus 8.9M SEK in FY2021, a compound +119.8%/yr. Reported net income was −208M SEK in FY2025.

Key figures

Market cap 280M SEK (≈ $28.1M) Micro · P/S ratio 0.11 · EPS (TTM) kr −2.66 · Net margin −6.0% · Return on equity −1,643% · Return on assets (EBIT) −85.1% (5-year average) · Operating margin −1.0% · Revenue growth (YoY) +79.2%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 11 out of 100 (low confidence).

What moves the price

For context, the median of 10 Financial Services peers we cover trades at −4% fair-value upside, at 16%, HILB-B screens cheaper than that median.

Fair Value

Bear kr 1.70 Fair Value kr 2.27 Bull kr 2.84
Price kr 1.95 · Upside +16.3%
Estimate. None of our valuation models currently carries for this company, usually because of losses or heavy investment. The estimate draws on revenue and assets compared with similar companies and is less precise than a model-based fair value.

Quality Score breakdown

Overall quality 28/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 25
How much profit the company makes from its sales and capital
Quality Growth 40
Are margins and returns getting better?
Cashflow 0
Do the profits arrive as real cash?
Financial strength 29
Debt, balance sheet and risk of trouble
Investment 100
Does it invest with discipline instead of growing at any price?
Low Volatility 67
How calm the share price moves, does not count
Near the 52-week high 0
Distance to the 52-week high, does not count
New shares 0
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

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. 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+84.6%
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.
+97.8%
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.
+326.1%
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.
+201.2%
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.
−530.8% (2020) → −79.3% (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
not computed

Watch HILB-B, get fair value alerts →

Compare Hilbert Group AB Series B with another stock

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.Asset Management · 633 stocks

Beats the industry median on 3/6 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 28 · Bottom 25%
Fair Value upside +16.3% · Above median
Profitability
Return on equity (12 months) Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Net margin (12 months) −6.0% · Bottom 25%
Operating margin (12 months) −1.0% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) 79.2% · Top 25%
Balance sheet
Debt / equity Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.

Valuation Multiplesvs Asset Management median · lower = cheaper

P/B Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
P/S (12 months) 0.07× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)55 · sector 37
FUTURE (revenue growth)100 · sector 36
PAST (return on equity)0 · sector 21
HEALTH (low debt)0 · sector 96
DIVIDEND (yield)0 · sector 75

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

Context: sector, industry, market

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

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Raymond James Financial, Inc RJF $167.13 $281.42 +68% vs HILB-B
Apollo Global Management, Inc APO $122.95 $197.52 +61% vs HILB-B
Ameriprise Financial, Inc AMP $520.06 $639.69 +23% vs HILB-B
Exor N.V EXO €74.45 €76.42 +3% vs HILB-B
State Street Corporation STT $174.17 $168.03 −4% vs HILB-B
Northern Trust Corporation NTRS $178.71 $133.48 −25% vs HILB-B
Ares Management Corporation ARES $137.89 $99.35 −28% vs HILB-B
Brookfield Asset Management Ltd BAM $52.56 $31.26 −41% vs HILB-B
Blackstone Inc BX $122.01 $52.29 −57% vs HILB-B
KKR & Co KKR $100.05 $27.63 −72% vs HILB-B

Explore undervalued stocks

More undervalued Financial Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend StocksUndervalued 52-Week Low StocksStocks for 2027: Large Companies Below Fair Value

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Average Down CalculatorFree calculator
Run the numbers yourself: free valuation calculators
DCF CalculatorP/E Ratio CalculatorPEG Ratio CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorIntrinsic ValueIntrinsic vs Extrinsic ValueP/E Ratio by Sector
For bloggers & editors: embed code + live data

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.

Hilbert Group AB Series B: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Hilbert Group AB Series B Fair Value". https://www.fairvalue-calculator.com/stock/HILB-B

Frequently asked questions

Is Hilbert Group AB Series B (HILB-B) overvalued or undervalued?
As of Nov 10, 2026, our estimate of fair value is kr 2.27 versus a price of kr 1.95, about +16% upside (fairly valued).
What is the fair value of HILB-B?
Our estimate for Hilbert Group AB Series B is kr 2.27 (as of Nov 10, 2026), built from audited fundamentals. The current price: kr 1.95.
What is the quality score of HILB-B?
Hilbert Group AB Series B 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 Hilbert Group AB Series B (HILB-B)?
Our calculated price target is the estimate of kr 2.27 (as of Nov 10, 2026). Cautious scenario kr 1.70, optimistic scenario kr 2.84. It is an estimate from revenue and assets compared with similar companies, because none of our valuation models currently carries, not an analyst target.
What is the Hilbert Group AB Series B stock forecast for 2026?
Our estimate puts fair value at kr 2.27, about +16% upside versus a price of kr 1.95 (fairly valued). Cautious scenario kr 1.70, optimistic scenario kr 2.84. The calculation is refreshed regularly with new filings.
What is the intrinsic value of Hilbert Group AB Series B (HILB-B)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hilbert Group AB Series B it is kr 2.27 per share (as of Nov 10, 2026), against a price of kr 1.95.
Is Hilbert Group AB Series B stock overvalued or undervalued in 2026?
As of Nov 10, 2026, HILB-B trades below its calculated fair value: price kr 1.95, fair value kr 2.27, a gap of about +16% (fairly valued). 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 HILB-B?
No. The price is what the market pays today (kr 1.95); the fair value is what the company's own numbers justify (kr 2.27). For Hilbert Group AB Series B the two are kr 0.3180 per share apart. That gap is exactly why we show both numbers side by side.
How much is Hilbert Group AB Series B worth?
The market values Hilbert Group AB Series B at about 280M SEK (market capitalisation, as of Nov 10, 2026). Per share that is kr 1.95; our models calculate a fair value of kr 2.27 per share.
What do the bullish and bearish scenarios say about HILB-B?
Our models span a range for Hilbert Group AB Series B: cautious scenario kr 1.70, base kr 2.27, optimistic kr 2.84 per share (as of Nov 10, 2026, price kr 1.95). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Hilbert Group AB Series B (HILB-B)?
Balance-sheet figures for Hilbert Group AB Series B (as of Nov 10, 2026): negative equity, so no return on equity and no debt-to-equity ratio. They feed the Quality Score of 28/100, which measures business quality independently of the share price.
Which stocks are comparable to Hilbert Group AB Series B?
From the same area (Financial Services) we also value Blackstone Inc, KKR & Co, Brookfield Asset Management Ltd, Apollo Global Management, 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 Hilbert Group AB Series B stock attractive at the current price?
The data as of Nov 10, 2026: price kr 1.95, calculated fair value kr 2.27 (+16%), Quality Score 28/100. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
Is it still worth investing in stocks now?
The global stock market currently sits 14.0% above its aggregate fair value. Hilbert Group AB Series B currently trades 14% 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 Hilbert Group AB Series B (HILB-B)?
The closing price on Nov 11, 2026 was kr 1.95. Our estimate is kr 2.27, about +16% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hilbert Group AB Series B right now?
Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Key figures of Hilbert Group AB Series B

How large is the market capitalisation of Hilbert Group AB Series B (HILB-B)?
The market capitalisation of Hilbert Group AB Series B is 280M SEK (≈ $28.1M). 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 Hilbert Group AB Series B (HILB-B)?
The price-to-sales ratio of Hilbert Group AB Series B is 0.11 (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 Hilbert Group AB Series B (HILB-B)?
Earnings per share at Hilbert Group AB Series B are kr −2.66. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Hilbert Group AB Series B (HILB-B)?
The net margin of Hilbert Group AB Series B is −6.0% (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 Hilbert Group AB Series B (HILB-B)?
The return on equity (ROE) of Hilbert Group AB Series B is −1,643% (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 Hilbert Group AB Series B (HILB-B)?
On an EBIT basis the return on assets of Hilbert Group AB Series B is −85.1% (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 Hilbert Group AB Series B (HILB-B)?
The operating margin of Hilbert Group AB Series B is −1.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hilbert Group AB Series B (HILB-B)?
Revenue at Hilbert Group AB Series B is growing +79.2% versus a year earlier (3y avg +97.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Hilbert Group AB Series B (HILB-B) generate?
The free cash flow of Hilbert Group AB Series B is −81.9M 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 Hilbert Group AB Series B (HILB-B) carry?
The net debt of Hilbert Group AB Series B is 66.6M 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 Hilbert Group AB Series B in the live analysis

One click puts Hilbert Group AB Series B on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.