The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

BHG.ST

Concerning the House

BHG Group AB (publ) operates as a consumer e-commerce company in Sweden, Finland, Denmark, Norway, rest of Europe, and internationally. It operates in three segments: Home Improvement, Value Home, and Premium Living. The Home Improvement segment operates as a drop shipping model for Do-It-Yourself (DIY) product categories, such as garden, construction, and renovation products. Its Value Home segment offers furniture and leisure products. The Premium Living segment provides furniture, home furnishing, and interior design products. It sells its products under the Bygghemma, Taloon, Golvpoolen, Nordiska Fönster, Outlet1, Hafa, Hylte Jakt & Trädgård, Trademax, Chilli, Furniture 1, Furniturebox, Outlet1, Arc E-Commerce, Trendrum, Hemfint, Nordic Nest, Svenssons, Sleepo, KitchenTime, and Svenssons i Lammhult brands through e-commerce platforms and showrooms. The company was formerly known as Bygghemma Group First AB (publ) and changed its name to BHG Group AB (publ) in May 2020. BHG Group AB (publ) was founded in 2006 and is headquartered in Malmö, Sweden.

Sweden · www.wearebhg.com

The Ledger
LineMar 2025Jun 2025Dec 2025Mar 2026
Revenue$2.20B$2.74B$3.04B$2.25B
Gross profit$558.00M$689.50M$803.10M$590.10M
Operating income$50.00M$131.70M$135.60M$22.00M
Net income$18.90M$75.60M$39.60M-$17.20M
Diluted EPS0.270.420.22-0.10
Free cash flow-$103.10M$363.20M$370.80M-$50.30M
Quotation

$20.28

-0.36 (-1.7%)

52w hi$33.44
52w lo$18.43
Vol316.71K
As ofAug 13
The Verdict

Hold

Our score -0.13

Short-0.05
Medium-0.25
Long-0.05

computed 2026-08-13

By the Numbers

BHG Group AB (publ)

Consumer Cyclical · Internet Retail

Market cap$3.64B
Enterprise value$5.74B
Trailing P/E41.39x
Forward P/E16.62x
EV / EBITDA12.67x
P / S (ttm)0.33x
Profit margin0.8%
Return on equity2.5%
Revenue growth+10.2%
Earnings growth-26.3%
Debt / equity39.73
Risk Metrics
Beta vs SPX0.40
Corr SPX0.13
Annual vol48.9%
Annual ret+25.5%
Sharpe0.52
Max DD-45.2%

Window: 504 trading days (490 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.29
Sector+0.01
Technical+0.00
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$20.96$20.96$20.04$20.28316.71K
Aug 12$20.50$20.90$20.32$20.64257.35K
Aug 11$20.36$20.74$20.30$20.50250.41K
Aug 10$20.86$20.86$20.32$20.44127.49K
Aug 7$21.04$21.08$20.54$20.74251.43K