HMS Networks AB (publ) (HMS.ST)
Halmstad, HA, SE
HMS Networks AB (publ), a Swedish company founded in Halmstad in 1988, is a global leader in providing sophisticated industrial communication and Industrial Internet of Things (IIoT) solutions. The company's extensive product lineup is offered worldwide through its prominent brands: Anybus, Ewon, IXXAT, and Intesis. Under the Anybus umbrella, solutions include Embedded offerings that streamline multi-network connectivity through a single development project; versatile Gateways designed to connect diverse devices, machinery, systems, or entire networks; Wireless technologies for linking equipment via Bluetooth, Wi-Fi, cellular networks, and industrial Ethernet; and Edge solutions that bridge edge intelligence with adaptable cloud connectivity for industrial apparatus. The Ewon brand focuses on secure remote access, featuring the Cosy+ industrial VPN device and the flexible Flexy series of industrial and IIoT gateways for remote access and data services. Ewon also offers Extension Cards for the Flexy series, allowing for seamless adaptation to evolving communication technologies and safeguarding client investments. Furthermore, its Talk2M industrial cloud platform empowers customers with convenient access to their assets. Intesis specializes in protocol translators, interfaces for air conditioners, and cloud-based control systems for both AC and ST units. Concurrently, the Ixxat brand delivers tailored solutions for the automotive industry, embedded control systems, energy applications, and safety functionalities. HMS Networks’ comprehensive solutions cater to a broad spectrum of clients, including device manufacturers, machine builders, system integrators, and end-users.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +1.41% | -8.43% | -0.19% | +26.23% | +14.18% | +33.90% | +22.50% | +13.41% | +51.98% | +929.67% | +2,847.95% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | -1 |
| Buy | 4 | 0 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Communication Equipment: +9.8%+16.9% ★ Q1'26: +9.1% (vs Q1'25)
-
EPS growth Communication Equipment: +36.4%+36.4% ★ Q1'26: +41.0% (vs Q1'25)
-
FCF margin FCF growth · Communication Equipment: +59.0%+22.6% ★ Q1'26: +16.1% (vs Q1'25)
-
EBIT margin Communication Equipment: +4.7%+21.3% ★ Q1'26: +24.4% (vs Q1'25)
-
ROIC Communication Equipment: +3.7%+8.8% ★ Q1'26: +13.1% (vs Q1'25)
-
Share dilution Communication Equipment: +0.0%+2.9% Q1'26: -0.1% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Communication Equipment: -1.04×2.36× Q1'26: 2.23× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 5 Rev. Ana. 5 EPS Ana. |
Dec 2027 5 Rev. Ana. 5 EPS Ana. |
Dec 2028 5 Rev. Ana. 5 EPS Ana. |
Dec 2029 2 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
701.68M
est: 705.00M (-0.5%)
|
952.28M
est: 929.50M (+2.5%)
|
1.18B
est: 1.19B (-0.6%)
|
1.37B
est: 1.36B (+0.4%)
|
1.52B
est: 1.54B (-1.5%)
|
1.47B
est: 1.43B (+2.9%)
|
1.97B
est: 1.89B (+4.1%)
|
2.51B
est: 2.42B (+3.6%)
|
3.02B
est: 3.01B (+0.5%)
|
3.06B
est: 3.03B (+1.1%)
|
3.58B
est: 3.52B (+1.7%)
|
4.01B
3.94B – 4.14B
+13.9% YoY
|
4.42B
4.30B – 4.60B
+10.2% YoY
|
4.77B
4.76B – 4.78B
+8.0% YoY
|
5.29B
5.17B – 5.48B
+10.8% YoY
|
| EBITDA |
126.15M
est: 186.79M (-32.5%)
|
188.60M
est: 246.28M (-23.4%)
|
248.86M
est: 315.43M (-21.1%)
|
264.15M
est: 360.60M (-26.7%)
|
321.98M
est: 408.69M (-21.2%)
|
345.80M
est: 377.76M (-8.5%)
|
554.26M
est: 501.64M (+10.5%)
|
740.44M
est: 640.98M (+15.5%)
|
854.88M
est: 828.70M (+3.2%)
|
703.15M
est: 833.01M (-15.6%)
|
1.03B
est: 967.96M (+6.3%)
|
1.10B
1.08B – 1.14B
+13.9% YoY
|
1.22B
1.18B – 1.27B
+10.2% YoY
|
1.31B
1.31B – 1.31B
+8.0% YoY
|
1.46B
1.42B – 1.51B
+10.8% YoY
|
| EBIT |
92.30M
est: 151.22M (-39.0%)
|
149.32M
est: 199.38M (-25.1%)
|
202.55M
est: 255.36M (-20.7%)
|
237.63M
est: 291.93M (-18.6%)
|
235.71M
est: 330.86M (-28.8%)
|
280.54M
est: 305.82M (-8.3%)
|
451.93M
est: 406.11M (+11.3%)
|
632.57M
est: 518.91M (+21.9%)
|
729.69M
est: 658.51M (+10.8%)
|
484.52M
est: 661.95M (-26.8%)
|
761.00M
est: 769.18M (-1.1%)
|
876.46M
861.56M – 905.79M
+13.9% YoY
|
966.23M
939.78M – 1.01B
+10.2% YoY
|
1.04B
1.04B – 1.04B
+8.0% YoY
|
1.16B
1.13B – 1.20B
+10.8% YoY
|
| Net Income |
60.21M
est: 75.99M (-20.8%)
|
100.47M
est: 103.72M (-3.1%)
|
142.75M
est: 169.08M (-15.6%)
|
171.24M
est: 163.22M (+4.9%)
|
206.26M
est: 200.84M (+2.7%)
|
223.49M
est: 215.99M (+3.5%)
|
354.85M
est: 358.68M (-1.1%)
|
507.79M
est: 489.36M (+3.8%)
|
570.65M
est: 454.32M (+25.6%)
|
309.68M
est: 390.31M (-20.7%)
|
435.00M
est: 580.59M (-25.1%)
|
749.17M
693.13M – 805.20M
+29.0% YoY
|
877.23M
822.96M – 931.49M
+17.1% YoY
|
982.75M
956.74M – 1.01B
+12.0% YoY
|
1.09B
1.06B – 1.14B
+11.0% YoY
|
| SGA |
226.29M
est: 203.93M (+11.0%)
|
305.02M
est: 268.87M (+13.4%)
|
371.09M
est: 344.37M (+7.8%)
|
421.91M
est: 393.69M (+7.2%)
|
472.48M
est: 446.19M (+5.9%)
|
434.89M
est: 412.42M (+5.4%)
|
546.34M
est: 547.66M (-0.2%)
|
669.91M
est: 699.79M (-4.3%)
|
870.25M
est: 863.45M (+0.8%)
|
972.00M
est: 867.95M (+12.0%)
|
1.02B
est: 1.01B (+0.9%)
|
1.15B
1.13B – 1.19B
+13.9% YoY
|
1.27B
1.23B – 1.32B
+10.2% YoY
|
1.37B
1.37B – 1.37B
+8.0% YoY
|
1.52B
1.48B – 1.57B
+10.8% YoY
|
| EPS |
1.33
est: 1.56 (-14.5%)
|
2.16
est: 2.12 (+1.8%)
|
3.06
est: 3.46 (-11.6%)
|
3.76
est: 3.34 (+12.6%)
|
4.43
est: 4.11 (+7.8%)
|
4.79
est: 4.42 (+8.4%)
|
7.61
est: 7.34 (+3.7%)
|
10.89
est: 10.01 (+8.7%)
|
12.23
est: 8.95 (+36.7%)
|
6.35
est: 7.69 (-17.4%)
|
8.67
est: 11.43 (-24.2%)
|
15.16
13.78 – 16.01
+32.6% YoY
|
17.62
16.36 – 18.52
+16.2% YoY
|
19.60
19.02 – 20.06
+11.3% YoY
|
21.70
21.07 – 22.76
+10.7% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-29 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-28 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-27 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-26 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-25 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-22 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-21 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-20 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-19 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-18 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-15 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-13 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-12 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-05-11 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-08 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-07 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-06 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-05 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-05-04 | B | 3/5 | 3/5 | 4/5 | 4/5 | 2/5 | 2/5 | 2/5 |
| 2026-04-30 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-29 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-28 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-27 | B | 3/5 | 3/5 | 4/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-24 | B- | 3/5 | 3/5 | 3/5 | 4/5 | 1/5 | 2/5 | 2/5 |
| 2026-04-23 | B- | 2/5 | 3/5 | 3/5 | 4/5 | 1/5 | 1/5 | 2/5 |
| 2026-04-22 | B- | 2/5 | 3/5 | 3/5 | 4/5 | 1/5 | 1/5 | 2/5 |
| 2026-04-21 | B- | 2/5 | 3/5 | 3/5 | 4/5 | 1/5 | 1/5 | 2/5 |
| 2026-04-20 | B- | 2/5 | 3/5 | 3/5 | 4/5 | 1/5 | 1/5 | 2/5 |
| 2026-04-17 | B- | 2/5 | 3/5 | 3/5 | 4/5 | 1/5 | 1/5 | 2/5 |
| 2026-04-16 | B- | 2/5 | 3/5 | 3/5 | 4/5 | 1/5 | 1/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Global X - Internet of Things ETF SNSR | 0.83% | 1.94M | 0.68% |
| 2 | iShares Digital Security UCITS ETF LOCK.L | 0.33% | 5.88M | 0.40% |
| 3 | iShares Digital Security UCITS ETF IS4S.DE | 0.33% | 5.87M | 0.40% |
| 4 | Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Acc CEM.PA | 0.16% | 559.3K | 0.23% |
| 5 | Amundi MSCI Europe Small Cap ESG Broad Transition UCITS ETF Dist X026.DE | 0.16% | 559.3K | 0.23% |
| 6 | Xtrackers MSCI Europe Small Cap UCITS ETF 1C XXSC.L | 0.10% | 3.55M | 0.30% |
| 7 | iShares MSCI Europe Small-Cap ETF IEUS | 0.10% | 181.8K | 0.41% |
| 8 | Avantis International Small Cap Equity ETF AVDS | 0.07% | 220.5K | 0.30% |
| 9 | Schwab International Small-Cap Equity ETF SCHC | 0.06% | 3.40M | 0.06% |
| 10 | Vanguard FTSE All-World ex-US Small-Cap ETF VSS | 0.05% | 6.70M | 0.06% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Staffan Dahlstrom | Co-Founder, Chief Executive Officer & President | 10M | male |
| Alexander Hess | Senior Vice President Industrial Data Solutions | — | male |
| Bartek Stelmasiak Candell | Senior Vice President Industrial Network Technology | — | — |
| Joakim Nideborn | Chief Financial Officer & Deputy Chief Executive Officer | — | male |
| Mira Jhaveri Winther | Chief Human Resource Officer | — | — |
| Richard Skog | Chief Operating Officer | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for HMS.ST
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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