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Humana AB (HUM) Fair Value & Analysis

Healthcare · SE · Market cap 2.3B SEK

HA Humana AB HUM · ST
Pricekr 46.80
Fair Valuekr 109.72
Upside+134.4%
Quality93/100
Evidence: High Range kr 82.29 – kr 137.15

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 5 days ago

Share price +19.7% over the past month.

Price vs Fair Value (12 months)

kr 46.80 kr 24.40 Fair Value kr 109.72 Jun 2025 Jun 2026

12‑month range kr 24.40 – kr 46.80 · fair‑value band kr 82.29 – kr 137.15 · the kr 46.80 price screens below the kr 109.72 fair value. As of Jun 24, 2026.

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Analysis

Humana AB (HUM) currently trades at kr 46.80, while our model-based Fair Value estimate is kr 109.72 — implying the stock looks roughly 134.4% undervalued today. We read business quality at 93/100 (high quality), in the Healthcare 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: high) — always confirm before acting.

Over the trailing twelve months, Humana AB generated revenue of 10.0B SEK at a net margin of 2.0%. Revenue declined 2.3% year over year. It earns a return on equity of 6.1%. Net debt stands at 6.4B SEK. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 10.0B SEK
Revenue growth (YoY) -2.3%
Net margin 2.0%
Return on equity 6.1%
Free cash flow 666M SEK FY2025
P/E ratio 11.9
More key figures
Operating margin 3.9%
EPS (TTM) kr 4.09
Dividend yield 2.8%
EPS growth (YoY) -45.0%
Net debt 6.4B SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Humana AB (publ) provides individual and family care services for children and adults in Sweden, Finland, Norway, and Denmark. The company operates through three segments: Sweden, Finland, and Norway. It provides care and treatment for psychosocial disorders, mental illness, and functional impairment; residential care homes; family care services; short-term, short term housing, day care, and special service housing; outpatient care; assisted living homes; and specially adapted housing for individuals with functional impairments. The company also offers care services and assistance to individuals with permanent functional impairments. In addition, it provides elderly care home services, special service housing, and personal assistance to individuals with permanent functional impairments. Humana AB (publ) was founded in 2001 and is headquartered in Stockholm, Sweden.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Humana AB reported revenue of kr 10.0B in FY2025 versus kr 8.2B in FY2021, a compound +5.2%/yr. Reported net income was kr 237M in FY2025, compounding −3.7%/yr from FY2021.

Revenue +5.2%/yr
FY21 kr 8.2B
FY22 kr 9.2B
FY23 kr 9.6B
FY24 kr 10.3B
FY25 kr 10.0B
Net income −3.7%/yr
FY21 kr 276M
FY22 kr 210M
FY23 kr 176M
FY24 kr 144M
FY25 kr 237M

Open the full interactive analysis →

Similar stocks

6 more Medical Care Facilities stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
HCA Healthcare, Inc H1CA34 R$96.00 R$25.67 -73%
Fresenius SE FSNUY $11.47 $8.55 -25%
5225 5225 8.71 MYR 4.87 MYR -44%
IHHHF IHHHF $1.71 $1.17 -32%
Tenet Healthcare Corporation THC $164.77 $280.85 +70%
Rede D'Or São Luiz S.A RDOR3 R$33.83 R$46.94 +39%

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Frequently asked questions

Is Humana AB (HUM) undervalued?
As of Jun 24, 2026, our model estimates a fair value of kr 109.72 versus a price of kr 46.80 — about +134% (undervalued). Model-based estimate, not financial advice.
What is the fair value of HUM?
Our 21-model fair value for Humana AB is kr 109.72 (as of Jun 24, 2026), built from audited fundamentals. The current price is kr 46.80.
What is the quality score of HUM?
Humana AB has a Quality Score of 93/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Humana AB (HUM)?
Humana AB reported trailing-twelve-month revenue of about 10.0B SEK (latest available figure, as of Jun 24, 2026).
What is the net profit margin of HUM?
The net profit margin of Humana AB is about 2.0%, meaning it keeps roughly 2.0% of revenue as net income. Based on the latest reported figures.
Does Humana AB pay a dividend?
Humana AB currently shows a dividend yield of about 2.79% relative to its recent price (as of Jun 24, 2026).

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.