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Swedish group selling branded apparel, gifts, watches and promotional/corporate merchandise across many owned brands.
Swedish group selling branded apparel, gifts, watches and promotional/corporate merchandise across many owned brands.
Sells mostly to wholesalers, printers and resellers who add company logos or supply sports teams, so much of its income is business-to-business wholesale, with only a share going through retail. It has grown largely by buying small niche brands such as Craft and Cutter & Buck and keeping them as separate brands.
In one line: A branded lifestyle/promo-products company like a smaller VF Corp plus 4imprint.
Moat: narrow (brand, scale, distribution). Portfolio of owned niche brands and broad distribution gives some pricing power versus single-brand rivals.
Headquarters: Gothenburg, Sweden · Founded: 1993 · Employees: 3,125
Size New Wave (NEWA-B.ST) is a Sweden Consumer Discretionary company (Apparel/Footwear) with a market value of $1.36B, the 114th largest of 221 Sweden companies the cockpit tracks. Shares closed at SEK 100.60 on 6 Nov 2026.
Performance Over six months the shares gained 4.0%, against -8.4% for the median peer and +8.2% for the Sweden market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 8.9% over the last twelve months (peer median +7.6%); the operating margin is 11.5% (peer median 8.1%).
Valuation It trades at 14.4× forward earnings against a peer median of 12.9× (9th most expensive of 19).
Capital Return on invested capital runs 1.4 points above its cost of capital (7.7% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | SEK 10.5B | SEK 10.0B | SEK 9.53B | SEK 9.51B | SEK 8.84B |
| Revenue growth | — | +5% | 0% | +8% | — |
| Gross profit | SEK 1.20B | SEK 1.17B | SEK 1.22B | SEK 1.50B | SEK 1.45B |
| EBITDA | SEK 1.57B | SEK 1.51B | SEK 1.53B | SEK 1.77B | SEK 1.70B |
| Net income | SEK 803M | SEK 783M | SEK 880M | SEK 1.12B | SEK 1.17B |
| Free cash flow | -SEK 145M | SEK 39.0M | SEK 995M | SEK 744M | -SEK 484M |
| Capital expenditure | SEK 768M | SEK 644M | SEK 310M | SEK 235M | SEK 134M |
| Total debt | SEK 4.01B | SEK 3.61B | SEK 2.36B | SEK 2.40B | SEK 2.75B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| New Wave NEWA-B.ST | $1.36B | +4% | +9% | 11% | 14.4× | n/a |
| 4imprint FOUR.L | $1.65B | +23% | -4% | 10% | 16.7× | 10.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | NEWA-B.ST | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +9.5% | +0.7% | 5th highest of 21 |
| 6-month return | +4.0% | -8.4% | 7th highest of 21 |
| Distance from 52-week high | -19.5% | -31.1% | 7th highest of 21 |
| Revenue growth (TTM) | +8.9% | +7.6% | 10th highest of 21 |
| Operating margin | 11.5% | 8.1% | 7th highest of 21 |
| Forward P/E | 14.4× | 12.9× | 9th most expensive of 19 |
| ROIC minus cost of capital | +1.4 pp | +3.8 pp | 9th lowest of 21 |
| EV / EBITDA | 10.7× | 7.8× | 5th most expensive of 15 |
| Net debt / EBITDA | 2.2× | -0.7× | 3rd most indebted of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| New Wave NEWA-B.ST | Sweden | $1.36B | +4% | +9% | 11% | 14.4× | n/a | n/a |
| G-III Apparel GIII | United States | $1.35B | -1% | -9% | 8% | 13.0× | -9.5% | +7.5% |
| 361 Degrees International 1361.HK | Hong Kong | $1.34B | -11% | +13% | 14% | 6.1× | -20.3% | +16.0% |
| YoungoneHoldings 009970.KS | South Korea | $1.42B | -11% | +14% | 15% | 6.5× | n/a | n/a |
| Pearl Global Industries PGIL.NS | India | $1.31B | +51% | +14% | 8% | 36.9× | 25.0% | +27.5% |
| Xtep International 1368.HK | Hong Kong | $1.27B | -16% | +10% | 10% | 7.7× | -10.3% | +10.8% |
| Stella International 1836.HK | Hong Kong | $1.47B | -10% | +2% | 8% | 11.8× | -9.5% | +6.8% |
| Tayho Advanced Materials 002254.SZ | China | $1.26B | -13% | +6% | -2% | 70.6× | 10.1% | +8.1% |
| JNBY Design 3306.HK | Hong Kong | $1.47B | +7% | +12% | 20% | 9.4× | -7.4% | +6.9% |
| Misto 081660.KS | South Korea | $1.51B | -5% | +8% | 13% | 6.4× | -13.9% | +7.4% |
| Salvatore Ferragamo SFER.MI | Italy | $1.22B | -19% | -2% | 3% | 202.8× | 22.5% | +2.2% |
| Wacoal 3591.T | Japan | $1.21B | -21% | +2% | -1% | 36.5× | 35.7% | +2.4% |
| Toread 300005.SZ | China | $1.21B | -45% | +22% | -1% | 60.7× | n/a | n/a |
| Lancy 002612.SZ | China | $1.19B | +11% | +9% | 10% | 22.4× | -1.2% | +15.9% |
| Makalot Industrial 1477.TW | Taiwan | $1.59B | +1% | -2% | 14% | 12.8× | -8.0% | +6.7% |
| Guangdong Golden Dragon Development 000712.SZ | China | $1.12B | -20% | -3% | -20% | n/a | n/a | n/a |
| Lai Yih Footwear 6890.TW | Taiwan | $1.11B | -7% | -11% | 8% | 12.0× | n/a | n/a |
| Jihua 601718.SS | China | $1.10B | -43% | -22% | -10% | n/a | n/a | n/a |
| Human Made 456A.T | Japan | $1.10B | +39% | +27% | 30% | 45.5× | 7.7% | n/a |
| Wolverine World Wide WWW | United States | $1.75B | +28% | +7% | 9% | 12.1× | 9.1% | +0.9% |
| Jiangsu Hongdou Industrial 600400.SS | China | $1.06B | +11% | +22% | -9% | 102.3× | 13.7% | -1.3% |