HMS Networks AB/Skr HMS
1D1W1MYTD1Y5YMAX
Capital at risk
About HMS Networks AB
HMS Networks AB is a Swedish company specializing in industrial communication solutions. It designs and manufactures products that enable industrial equipment to communicate and share data across various systems. Key products include Anybus, Ixxat, and Ewon, which support connectivity between different industrial networks, secure remote access, and data communication. Founded in 1988, the company has its headquarters in Halmstad, Sweden, and operates globally. HMS Networks emphasizes interoperability and facilitates connectivity across multiple industrial protocols, enhancing communication efficiency in manufacturing and automation sectors. The company leverages its technological expertise to address diverse communication needs from machine builders to system integrators.
- Ticker
- Skr HMS
- Sector
- Communication
- Primary listing
- XSTO
- Employees
- 1,140
- Headquarters
- Halmstad, Sweden
- Website
- www.hms-networks.com
HMS Networks AB Metrics
BasicAdvanced
kr 28B
50.23
kr 11.01
1.09
kr 4.80
0.87%
Price and volume
Market cap
kr 28B
Beta
1.09
52-week high
kr 593.50
52-week low
kr 375.20
Average daily volume
50K
Dividend rate
kr 4.80
Financial strength
Current ratio
1.494
Quick ratio
0.808
Long term debt to equity
0.516
Total debt to equity
0.592
Dividend payout ratio (TTM)
44.33%
Interest coverage (TTM)
7.11%
Profitability
EBITDA (TTM)
1,105.241
Gross margin (TTM)
63.28%
Net profit margin (TTM)
14.55%
Operating margin (TTM)
24.99%
Effective tax rate (TTM)
30.97%
Revenue per employee (TTM)
kr 3,340,000
Management effectiveness
Return on assets (TTM)
8.69%
Return on equity (TTM)
15.78%
Valuation
Price to earnings (TTM)
50.227
Price to revenue (TTM)
7.291
Price to book
7.52
Price to tangible book (TTM)
-22.7
Price to free cash flow (TTM)
31.932
Free cash flow yield (TTM)
3.13%
Free cash flow per share (TTM)
17.318
Dividend yield (TTM)
0.87%
Forward dividend yield
0.87%
Growth
Revenue change (TTM)
14.26%
Earnings per share change (TTM)
49.49%
3-year revenue growth (CAGR)
9.94%
10-year revenue growth (CAGR)
17.06%
3-year earnings per share growth (CAGR)
-3.57%
10-year earnings per share growth (CAGR)
23.42%
3-year dividend per share growth (CAGR)
6.27%
10-year dividend per share growth (CAGR)
22.61%
Bulls say / Bears say
HMS reported record Q2 net sales of 991 MSEK, an 18% year-on-year increase, surpassing 1 billion SEK quarterly milestone and reflecting strong semiconductor industry demand (Reuters)
All three business divisions contributed to organic growth in Q2, with the Industrial Network Technology segment leading momentum—order intake rose 37% (24% organic) and achieved a 30.3% EBITA margin, marking its fourth consecutive quarter of over 20% organic expansion (Reuters)
The strategic minority investment in Swedish AI startup Ekkono positions HMS to integrate machine learning capabilities into its industrial IoT solutions, enhancing its technological differentiation and long-term growth potential (Reuters)
Management warned that gross margins could moderate in H2 2026 to “north of 62% but not necessarily north of 63%” as rising memory and other semiconductor component costs begin to impact costs (Reuters)
Operating expenses increased 9% organically in Q2 as HMS accelerated investments in R&D and organizational strengthening, which may cap near-term margin expansion (Reuters)
Management noted that macroeconomic, geopolitical and global trade uncertainties—particularly ongoing Middle East conflicts—persist, introducing potential volatility in customer order flows (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 29 Aug 2026.
Upcoming events
No upcoming events
Funds containing HMS Networks AB
AllEURGBPUSD
Fund name | Fund size | Skr HMS weighting |
|---|---|---|
iShares Digital Security€L0CK | €1.7B | 0.33% |
Xtrackers MSCI Europe Small Cap€DX2J | €3.2B | 0.11% |
Xtrackers MSCI Europe Small Cap£XXSC | £2.8B | 0.11% |
iShares MSCI World Small Cap$WSML | $9B | 0.02% |
iShares MSCI World Small Cap€IUSN | €7.8B | 0.02% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.