Analysts Gustav Nilsson and Sebastian Würtz have investigated the outlooks for Homemaid, specialising in household services and senior recruitment. The company has a leading position on a highly fragmented market, with potential of strengthening their position by consolidating the market in the near future. Through a sum of the parts valuation, the analysts have revealed hidden values within the diverse service portfolio; indicating a fair value of 19.45 SEK and a potential upside of 17.9 % for 2017E. This report is written in Swedish If you want to get in touch with the analysts, please send an email to Please click on the picture in order to access the full report.

Case summary: 

  • Potential spin-off reveals hidden values – an upside of 17.9%
  •  Positive results from environmental samples strengthens the EBIT-margin.
  •  Net cash position of 14.8 MSEK provides acquisition opportunities in a fragmented market.
  •  The reduced political risk poses an increased upside potential with limited downside risk.


Homemaid första sidan