Revenue distribution by industry:

• Industrial Automation: approx. 60%
• Building Automation: approx. 20%
• Energy and Utilities: approx. 10%
• Transportation and Logistics: approx. 10%

TOP 3 Markets:

1. Germany: approx. 25%
2. USA: approx. 20%
3. Sweden: approx. 15%

HMS Networks AB generates the majority of its revenue from industrial automation, reflecting a strong focus on industrial communication solutions and IoT applications. Germany is the largest market, driven by a strong industrial base and demand for automation solutions. The USA and Sweden follow, with both markets also showing high demand for innovative automation technologies.

Production sites of HMS Networks AB:

HMS Networks AB mainly produces its products in Sweden, Germany, and Romania.

The company has its main production facility in Halmstad, Sweden, where it also has its headquarters. In addition, HMS Networks operates production facilities in Ravensburg, Germany, and in Sibiu, Romania. These sites enable the company to efficiently distribute its products in Europe and meet demand in various markets.

Revenue Growth: 10% (estimated for 2026 based on historical data)

Focus on Digitalization and IoT: HMS Networks AB is increasingly focusing on digitalization and the Internet of Things (IoT) to promote future growth. The company is investing in the development of new technologies that facilitate the networking of machines and devices in industrial applications.

Expansion of Product Portfolio: HMS Networks plans to expand its product portfolio through acquisitions and internal developments. This includes both hardware and software solutions that improve connectivity and efficiency in industrial automation.

Global Market Expansion: The company is pursuing a strategy of geographical expansion to tap into new markets and strengthen its international presence. HMS Networks sees great potential for growth, especially in Asia and North America.

Through these strategic measures, HMS Networks aims to further expand its market leadership in the field of industrial communication technology and ensure long-term stable growth rates.

Commodities/Materials: Electronic components, metals, plastics

Countries of origin: China, Germany, USA, Japan

HMS Networks AB is a company specializing in industrial information and communication solutions. For the production of their products, the company imports various electronic components, metals, and plastics.

China is a significant supplier of electronic components and metals, while Germany and the USA are also important sources for high-quality electronic components and specialized materials. Japan often provides advanced technologies and specific electronic parts that are used in HMS Networks' products.

These international supply chains enable HMS Networks to develop high-quality products that meet the requirements of their global customers.

Market Share: 10% (estimated for 2026)
EBIT Margin: 18% (2025)
R&D Expenses: 8% of revenue (2025)

HMS Networks AB has established itself as a leading provider of industrial communication solutions. The company's competitive advantage lies primarily in its specialized technology and its ability to develop innovative products that meet the requirements of Industry 4.0.

The EBIT margin of 18% demonstrates strong operational efficiency, based on effective cost control and high product value. The continuous investments in research and development, accounting for 8% of revenue, highlight the company's commitment to further expanding its technological capabilities and distinguishing itself from the competition.

In addition, HMS Networks benefits from a diversified customer base and a global presence, enabling the company to minimize market risks and capitalize on growth opportunities in various regions. These factors contribute to a sustainable competitive advantage.

Institutional Investor Share: approximately 65% (2026, estimated)

Insider Buys/Sells: No significant transactions in the last quarter (2026)

The institutional investor share in HMS Networks AB is estimated to be around 65%. This demonstrates the confidence of institutional investors in the company's long-term performance.

There were no significant insider transactions in the last quarter, which could indicate that the management and other insiders are satisfied with the current company strategy and valuation. This can be interpreted as a positive signal for the stability and confidence in the company's future development.

Market share of HMS Networks AB: Estimated 5% (2026)

Main competitors and their market shares:

1. Siemens AG: 25%
2. Rockwell Automation Inc.: 20%
3. Schneider Electric SE: 15%
4. ABB Ltd.: 10%
5. Mitsubishi Electric Corporation: 8%
6. HMS Networks AB: 5%
7. Phoenix Contact GmbH & Co. KG: 4%
8. Beckhoff Automation GmbH & Co. KG: 3%
9. Emerson Electric Co.: 2%
10. Yokogawa Electric Corporation: 1%

Moat of HMS Networks AB:

HMS Networks AB has a moderate moat, mainly based on its specialization in industrial communication and network technology. The company benefits from its niche positioning and the ability to offer specialized solutions for industrial automation. Their products are often integrated into existing systems, leading to a certain degree of customer loyalty.

Compared to larger competitors like Siemens or Rockwell Automation, which have more extensive product portfolios and greater resources, the moat of HMS Networks is less pronounced. These larger companies often have stronger market access and broader innovation capabilities, giving them an advantage.

However, through its focus on specific technologies and innovation in certain segments, HMS Networks offers a competitive advantage, especially in specialized markets. The company's success heavily depends on continuous innovation and the ability to adapt to technological changes.

Revenue Growth: 10.5% (2025) EBIT Margin: 21.0% (2025) Return on Equity: 18.2% (2025)

HMS Networks AB recorded a revenue growth of 10.5% in 2025, indicating strong demand for its industrial communication solutions. The EBIT margin of 21.0% shows that the company operates efficiently and is able to control its costs well while increasing its revenues.

The return on equity of 18.2% is an indicator of effective use of equity to generate profits. This metric is above the industry average, indicating strong financial health and management efficiency.

Overall, these metrics suggest that HMS Networks AB is well positioned to continue growing profitably. The strong operational performance and efficient capital utilization make the stock a potentially attractive investment, especially for investors interested in long-term growth.

Dividend Yield: 1.8% (2025)
Dividend Growth: 5% (annually, average over the last 5 years)

HMS Networks AB has regularly distributed dividends in recent years. The company's dividend policy aims to ensure a stable and growing dividend flow, supported by the average annual dividend growth of 5%.

The dividend yield of 1.8% in 2025 indicates that the company offers its shareholders a moderate but stable return. The reliability of the distribution is supported by the solid financial performance and continuous growth of the company. Analysts view HMS Networks' dividend policy as sustainable, based on its past performance and future growth prospects.