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HMS Networks AB (publ) (HMNKF)

$59.75 +$0.00 (+0.00%) |CouncilHOLD · 50 · B
Bottom line: HOLD — our Council read (50/100) and AI Score (50/100) broadly agree.
MCap: $3.00B| Vol: 100|
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

HMS Networks AB (publ) (HMNKF) trades at $59.75 with AI Score 50/100 (Grade B). HMS Networks AB (publ) provides industrial communication solutions, enabling devices to connect and share information. Market cap: $3.00B, Sector: Technology.

Price live · AI analysis from Mar 16, 2026
HMS Networks AB (publ) provides industrial communication solutions, enabling devices to connect and share information. The company offers a range of products under various brands, serving diverse industries like automotive, automation, and energy.

Analyst Coverage for HMNKF: HMNKF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates HMNKF against Technology peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.

Council Score · Weighted Average of 3 Disciplines
HOLD 50/100 · B

HMNKF: the 1 perspectives are evenly split.

How is this calculated? →
Council Score · 8 perspectives · See tabs for details →

HMS Networks AB (publ) (HMNKF) Technology Profile & Competitive Position

Employees1,077
HeadquartersHalmstad, Sweden

HMS Networks AB (publ) specializes in industrial communication solutions, offering network gateways, embedded interfaces, and remote management tools. With a focus on enabling connectivity and data exchange across diverse industries, HMS Networks operates through established brands like Anybus and Ewon, addressing the growing demand for industrial IoT and automation.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 16, 2026

What Is the Investment Thesis for HMNKF?

HMS Networks presents a notable research candidate within the industrial communication sector. The company's strong market position, diverse product portfolio, and exposure to high-growth industries like automation and IoT are key value drivers. With a profit margin of 12.2% and a gross margin of 63.0%, HMS demonstrates solid profitability. A return on equity of 12.5% indicates efficient capital utilization. Growth catalysts include increasing demand for industrial connectivity, expansion into new markets, and strategic acquisitions. Potential risks include intense competition, technological obsolescence, and economic downturns affecting industrial spending. The company's debt-to-equity ratio of 64.84% warrants monitoring.

Based on FMP financials and quantitative analysis

HMNKF Key Highlights

  • Market capitalization of $3.00B reflects investor confidence in HMS Networks' growth potential.
  • Gross margin of 63.0% indicates strong pricing power and efficient cost management.
  • Profit margin of 12.2% demonstrates the company's ability to convert revenue into profit.
  • Return on equity of 12.5% suggests effective utilization of shareholder equity.
  • Debt-to-equity ratio of 64.84% requires monitoring to ensure financial stability.

Who Are HMNKF's Competitors?

HMNKF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
ABB ABB Ltd $37.13 +0.00% $69.02B 47
ROCK Gibraltar Industries, Inc. $43.92 -3.07% $1.30B 43
ONDS Ondas Holdings Inc. $7.41 -6.44% $3.88B 72
CRDO Credo Technology Group Holding Ltd $241.91 -6.63% $45.11B 67
ASTS AST SpaceMobile, Inc. $85.13 -1.13% $34.64B 66
FIEE FIEE $4.00 -5.91% $14.86M 65
UBLXF u-blox Holding AG $170.00 +0.00% $1.31B 52
ATGN Altigen Communications, Inc. $0.47 -6.00% $7.86M 52

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are HMNKF's Key Strengths?

  • Strong brand recognition and reputation.
  • Broad product portfolio and technological expertise.
  • Global presence and established distribution network.
  • High gross margin and profitability.

What Are HMNKF's Weaknesses?

  • Dependence on industrial spending and economic cycles.
  • Exposure to intense competition and technological obsolescence.
  • Relatively high debt-to-equity ratio.
  • OTC market listing may limit investor access.

What Could Drive HMNKF Stock Higher?

  • Increasing demand for industrial IoT and automation solutions.
  • Expansion into new markets and industries.
  • Potential strategic acquisitions to expand product portfolio.
  • Development of innovative wireless and cybersecurity solutions.
  • Growth in the electric vehicle (EV) charging infrastructure market.

What Are the Key Risks for HMNKF?

  • Intense competition from larger players in the industrial communication market.
  • Technological disruptions and changing industry standards.
  • Economic downturns and reduced industrial spending.
  • Cybersecurity threats and data breaches.
  • Risks associated with trading on the OTC market, including limited liquidity and disclosure.

What Are the Growth Opportunities for HMNKF?

  • Expansion into the North American Market: HMS Networks has an opportunity to expand its presence in the North American market, driven by the increasing adoption of industrial automation and IoT solutions. The North American industrial automation market is projected to reach $200 billion by 2028, offering significant growth potential for HMS Networks. By establishing strategic partnerships and expanding its sales and marketing efforts, HMS Networks can increase its market share and drive revenue growth.
  • Development of Wireless Communication Solutions: The increasing demand for wireless communication in industrial environments presents a significant growth opportunity for HMS Networks. The industrial wireless communication market is expected to reach $15 billion by 2027, driven by the need for flexible and cost-effective connectivity solutions. HMS Networks can capitalize on this trend by developing and offering innovative wireless products and solutions, such as wireless gateways and embedded wireless interfaces.
  • Strategic Acquisitions to Expand Product Portfolio: HMS Networks can pursue strategic acquisitions to expand its product portfolio and enter new markets. By acquiring companies with complementary technologies and products, HMS Networks can broaden its offering and strengthen its competitive position. Potential acquisition targets include companies specializing in industrial cybersecurity, edge computing, and cloud connectivity.
  • Focus on Industrial Cybersecurity Solutions: With the increasing threat of cyberattacks on industrial systems, HMS Networks has an opportunity to develop and offer industrial cybersecurity solutions. The industrial cybersecurity market is projected to reach $30 billion by 2028, driven by the need to protect critical infrastructure and sensitive data. HMS Networks can leverage its expertise in industrial communication to develop and offer cybersecurity solutions that address the specific needs of industrial customers.
  • Leveraging the Growth of Electric Vehicle (EV) Charging Infrastructure: As the EV market expands, the demand for robust and reliable communication solutions for EV charging infrastructure is increasing. HMS Networks can leverage its existing technologies and expertise to provide communication solutions for EV charging stations, enabling seamless data exchange and control. This includes solutions for connecting charging stations to the grid, managing charging sessions, and providing remote monitoring and diagnostics.

What Opportunities Does HMNKF Have?

  • Expansion into new markets and industries.
  • Development of innovative wireless and cybersecurity solutions.
  • Strategic acquisitions to expand product portfolio.
  • Leveraging the growth of industrial IoT and automation.

What Threats Does HMNKF Face?

  • Intense competition from larger players.
  • Technological disruptions and changing industry standards.
  • Economic downturns and reduced industrial spending.
  • Cybersecurity threats and data breaches.

What Are HMNKF's Competitive Advantages?

  • Strong brand recognition in the industrial communication market.
  • Broad product portfolio covering various industrial communication protocols.
  • Extensive experience and expertise in industrial networking.
  • Global presence with a strong network of partners and distributors.

What Does HMNKF Do?

Founded in 1988 and headquartered in Halmstad, Sweden, HMS Networks AB (publ) has evolved into a leading provider of industrial communication solutions. The company's core mission is to enable industrial devices to connect and share information seamlessly across various networks and systems. HMS Networks offers a comprehensive portfolio of products, including network gateways (Anybus), embedded network interfaces, remote access solutions (Ewon), and industrial Ethernet switches. These products facilitate communication between different industrial protocols and networks, allowing for efficient data exchange and control. HMS Networks serves a wide array of industries, including automotive, building automation, food and beverage, medical, and energy. Its solutions are used in applications such as factory automation, HVAC control, EV charging, and smart metering. The company operates globally, with a strong presence in Europe, North America, and Asia. HMS Networks differentiates itself through its broad product portfolio, technological expertise, and strong brand recognition in the industrial communication market.

What Products and Services Does HMNKF Offer?

  • Provides network gateways for industrial equipment.
  • Offers embedded network interfaces for device connectivity.
  • Develops remote access solutions for industrial systems.
  • Creates network diagnostics products for troubleshooting.
  • Provides network security products for industrial environments.
  • Offers PC interfaces for industrial applications.
  • Develops wireless and infrastructure products for industrial connectivity.

How Does HMNKF Make Money?

  • Sells network gateways and embedded interfaces to industrial customers.
  • Provides remote access solutions and network security products.
  • Generates revenue through software and service offerings.
  • Serves a wide range of industries, including automotive, automation, and energy.

What Industry Does HMNKF Operate In?

HMS Networks operates in the industrial communication equipment industry, which is experiencing significant growth due to the increasing adoption of industrial IoT and automation. The market is characterized by intense competition, with companies vying for market share by offering innovative solutions and expanding their product portfolios. Key trends include the convergence of IT and OT, the rise of wireless communication technologies, and the growing importance of cybersecurity. HMS Networks is well-positioned to capitalize on these trends, with its broad product portfolio, technological expertise, and strong brand recognition.

Who Are HMNKF's Key Customers?

  • Automotive manufacturers
  • Building and factory automation companies
  • Food and beverage producers
  • Medical device manufacturers
  • Energy and power generation companies
AI Confidence: 80% Updated: Mar 16, 2026

How HMS Networks AB (publ) Is Valued

HMS Networks AB (publ) carries a market capitalization of $3.00B, placing it in the mid-cap category. Relative to its peer group, HMNKF's quantitative score of 50/100 is roughly in line with the peer average of 59/100.

ROE 14%Key Financial Metrics

Return on equity for HMS Networks AB (publ) stands at 13.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 7.1%, showing how much profit it generates from its asset base. HMNKF trades at a trailing price-to-earnings ratio of 51.48, above the Technology sector average of ~38x. Its free cash flow yield is 3.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.52 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 1.9%, the inverse of the P/E and a quick read on earnings relative to price.

F-Score 6/9Financial Health

HMS Networks AB (publ)'s Piotroski F-Score is 6/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 6.73 places it in the safe zone, indicating low near-term bankruptcy risk.

FY2026 estForward Outlook

Wall Street analysts project HMS Networks AB (publ) revenue of about $4.02B for fiscal 2026, with EPS near $14.96. The estimate reflects 5 contributing analysts.

HMNKF Financials

Fundamental Snapshot

Revenue Growth (FY)
+16.6%
Net Income Growth (FY)
+40.1%
EPS Growth (FY)
+36.2%
Free Cash Flow Growth (FY)
+72.6%
P/E (TTM)
51.5
Return on Equity (TTM)
+13.8%
Current Ratio
1.5
EV/EBITDA (TTM)
25.7

Based on FMP financials and quantitative analysis · FY 2025

Bull Case vs Bear Case

Bull Case

  • Strong brand recognition and reputation.
  • Broad product portfolio and technological expertise.
  • Global presence and established distribution network.
  • High gross margin and profitability.

Bear Case

  • Dependence on industrial spending and economic cycles.
  • Exposure to intense competition and technological obsolescence.
  • Relatively high debt-to-equity ratio.
  • OTC market listing may limit investor access.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026

HMNKF Latest News

HMNKF Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for HMNKF.

Price Targets

Wall Street price target analysis for HMNKF.

HMNKF MoonshotScore

50/100

What does this score mean?

The MoonshotScore rates HMNKF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

HMNKF OTC Market Information

The OTC Other tier represents the lowest tier of over-the-counter (OTC) markets. Companies in this tier may not meet minimum financial standards and may have limited or no reporting requirements. This contrasts with exchanges like the NYSE or NASDAQ, which have stringent listing requirements, including minimum share price, market capitalization, and financial reporting standards. Investing in OTC Other stocks carries higher risks due to the potential for limited information, lower liquidity, and greater price volatility compared to stocks listed on major exchanges.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: Liquidity for HMNKF on the OTC market is likely limited. OTC stocks generally have lower trading volumes and wider bid-ask spreads compared to exchange-listed stocks. This can make it difficult to buy or sell shares quickly and at desired prices. Investors may experience significant price slippage and may need to use limit orders to avoid unexpected costs. The limited liquidity also increases the risk of price manipulation and volatility.
OTC Risk Factors:
  • Limited financial disclosure increases information asymmetry.
  • Lower trading volume and liquidity can lead to price volatility.
  • Potential for price manipulation due to lack of regulatory oversight.
  • Higher risk of fraud and scams compared to exchange-listed stocks.
  • OTC Other status indicates the company may not meet minimum financial standards.
Due Diligence Checklist:
  • Verify the company's registration and regulatory filings.
  • Review available financial statements and disclosures.
  • Assess the company's business model and competitive landscape.
  • Evaluate the management team and their track record.
  • Monitor trading volume and price activity.
  • Understand the risks associated with OTC investing.
  • Consult with a financial advisor before investing.
Legitimacy Signals:
  • Established operating history since 1988.
  • Presence in a well-defined industry (Communication Equipment).
  • Global presence with operations in multiple regions.
  • Partnerships with reputable distributors and customers.
  • Publicly traded status, even on the OTC market, suggests some level of scrutiny.

Common Questions About HMNKF (Technology)

What does HMS Networks AB (publ) do?

HMS Networks AB (publ) specializes in providing industrial communication solutions that enable devices to connect and share information across various networks. The company offers a range of products, including network gateways, embedded network interfaces, and remote access solutions, under brands like Anybus, Ewon, and Intesis. These solutions facilitate communication between different industrial protocols and networks, allowing for efficient data exchange and control in industries such as automotive, automation, and energy. HMS Networks' products are used in applications such as factory automation, HVAC control, EV charging, and smart metering.

What are the main risks for HMNKF?

The main risks for HMS Networks AB (publ) include intense competition from larger players in the industrial communication market, technological disruptions and changing industry standards, economic downturns and reduced industrial spending, and cybersecurity threats and data breaches. Additionally, as an OTC-listed stock, HMNKF faces risks associated with limited liquidity, disclosure, and regulatory oversight. These risks can lead to price volatility and potential losses for investors. Investors should carefully consider these risks before investing in HMNKF.

How does HMS Networks AB (publ) invest in research and development?

Specific details on HMS Networks AB (publ)'s R&D spending as a percentage of revenue and key innovation areas are not available in the provided data. However, as a technology company in the industrial communication sector, R&D is crucial for maintaining a competitive edge. HMS Networks likely invests in developing new products and solutions, improving existing technologies, and exploring emerging trends such as wireless communication, cybersecurity, and industrial IoT. The company's patent portfolio and innovation pipeline are important indicators of its R&D effectiveness.

How exposed is HMS Networks AB (publ) to technology disruption risks?

HMS Networks AB (publ) faces exposure to technology disruption risks, as the industrial communication sector is constantly evolving. Emerging technologies such as 5G, edge computing, and artificial intelligence could disrupt existing business models and create new competitive threats. HMS Networks needs to continuously monitor these trends and adapt its product portfolio and strategies to remain competitive. Failure to do so could result in loss of market share and reduced profitability. The company's ability to innovate and embrace new technologies is critical for mitigating these risks.

What are the key factors to evaluate for HMNKF?

HMS Networks AB (publ) (HMNKF) holds an AI score of 50/100 (moderate). Not financial advice.

How frequently does HMNKF data refresh on this page?

HMNKF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.

What has driven HMNKF's recent stock price performance?

HMS Networks AB (publ) (HMNKF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong brand recognition and reputation. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider HMNKF overvalued or undervalued right now?

Valuing HMS Networks AB (publ) (HMNKF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • OTC data may be less reliable than exchange-listed data.
  • AI analysis pending for HMNKF.
  • Financial data is based on available information and may not be complete.
Data Sources

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