Bergman & Beving AB (publ)

OM:BERG B Stock Report

Market Cap: SEK 7.1b

Bergman & Beving Valuation

Is BERG B undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of BERG B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: BERG B (SEK266) is trading below our estimate of future cash flow value (SEK405.32)

Significantly Below Future Cash Flow Value: BERG B is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BERG B?

Key metric: As BERG B is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for BERG B. This is calculated by dividing BERG B's market cap by their current revenue.
What is BERG B's PS Ratio?
PS Ratio1.4x
SalesSEK 5.02b
Market CapSEK 7.09b

Price to Sales Ratio vs Peers

How does BERG B's PS Ratio compare to its peers?

The above table shows the PS ratio for BERG B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2x
ALLIGO B Alligo
0.7x4.16%SEK 6.3b
MMGR B Momentum Group
1.9x7.82%SEK 5.8b
OEM B OEM International
3.1x9.01%SEK 16.5b
BUFAB Bufab
2.4x5.87%SEK 19.4b
BERG B Bergman & Beving
1.4x3.36%SEK 7.1b

Price-To-Sales vs Peers: BERG B is good value based on its Price-To-Sales Ratio (1.4x) compared to the peer average (2x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does BERG B's PS Ratio compare vs other companies in the European Trade Distributors Industry?

8 CompaniesPrice / SalesEstimated GrowthMarket Cap
BERG B 1.4xIndustry Avg. 0.4xNo. of Companies15PS00.40.81.21.62+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: BERG B is expensive based on its Price-To-Sales Ratio (1.4x) compared to the European Trade Distributors industry average (0.4x).

Price to Sales Ratio vs Fair Ratio

What is BERG B's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BERG B PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.4x
Fair PS Ratio1.3x

Price-To-Sales vs Fair Ratio: BERG B is expensive based on its Price-To-Sales Ratio (1.4x) compared to the estimated Fair Price-To-Sales Ratio (1.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BERG B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 266.00
SEK 347.50
+30.64%
6.23%SEK 380.00SEK 320.00n/a4
Mar ’27SEK 284.50
SEK 347.50
+22.14%
6.23%SEK 380.00SEK 320.00n/a4
Feb ’27SEK 277.00
SEK 343.00
+23.83%
6.36%SEK 380.00SEK 315.00n/a5
Jan ’27SEK 323.50
SEK 350.00
+8.19%
5.99%SEK 380.00SEK 330.00n/a5
Dec ’26SEK 316.50
SEK 350.00
+10.58%
5.99%SEK 380.00SEK 330.00n/a5
Nov ’26SEK 336.50
SEK 350.00
+4.01%
5.99%SEK 380.00SEK 330.00n/a5
Oct ’26SEK 323.00
SEK 351.25
+8.75%
7.42%SEK 390.00SEK 325.00n/a4
Sep ’26SEK 328.00
SEK 330.50
+0.76%
4.10%SEK 352.00SEK 315.00n/a4
Aug ’26SEK 316.00
SEK 330.50
+4.59%
4.10%SEK 352.00SEK 315.00n/a4
Jul ’26SEK 288.00
SEK 333.75
+15.89%
7.37%SEK 375.00SEK 315.00n/a4
Jun ’26SEK 311.00
SEK 337.50
+8.52%
6.67%SEK 375.00SEK 315.00n/a4
May ’26SEK 292.50
SEK 337.30
+15.32%
5.62%SEK 375.00SEK 325.00n/a5
Apr ’26SEK 295.50
SEK 332.70
+12.59%
2.96%SEK 352.00SEK 325.00n/a5
Mar ’26SEK 321.00
SEK 332.70
+3.64%
2.96%SEK 352.00SEK 325.00SEK 284.505
Feb ’26SEK 322.00
SEK 338.40
+5.09%
4.36%SEK 366.00SEK 325.00SEK 277.005
Jan ’26SEK 311.00
SEK 337.75
+8.60%
4.87%SEK 366.00SEK 325.00SEK 323.504
Dec ’25SEK 265.50
SEK 336.25
+26.65%
4.12%SEK 360.00SEK 325.00SEK 316.504
Nov ’25SEK 303.50
SEK 336.25
+10.79%
4.12%SEK 360.00SEK 325.00SEK 336.504
Oct ’25SEK 306.00
SEK 310.75
+1.55%
7.47%SEK 340.00SEK 275.00SEK 323.004
Sep ’25SEK 318.00
SEK 301.00
-5.35%
6.11%SEK 315.00SEK 275.00SEK 328.003
Aug ’25SEK 306.50
SEK 301.00
-1.79%
6.11%SEK 315.00SEK 275.00SEK 316.003
Jul ’25SEK 296.00
SEK 269.67
-8.90%
5.33%SEK 284.00SEK 250.00SEK 288.003
Jun ’25SEK 270.00
SEK 263.33
-2.47%
3.90%SEK 275.00SEK 250.00SEK 311.003
May ’25SEK 223.50
SEK 188.67
-15.59%
4.77%SEK 200.00SEK 178.00SEK 292.503
Apr ’25SEK 209.50
SEK 188.67
-9.94%
4.77%SEK 200.00SEK 178.00SEK 295.503
Mar ’25SEK 187.00
SEK 188.67
+0.89%
4.77%SEK 200.00SEK 178.00SEK 321.003
SEK 347.5
Fair Value
23.5% undervalued intrinsic discount
4
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/24 13:23
End of Day Share Price 2026/03/24 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bergman & Beving AB (publ) is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Simon JonssonBerenberg
Mikael LöfdahlCarnegie Investment Bank AB
Emanuel JanssonDanske Bank