Pandox (PNDX B) Stock Overview
Owns, develops, and leases hotel properties to skilled hotel operators under long-term, turnover based leases with minimum guaranteed levels. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 0/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
PNDX B Community Fair Values
Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Pandox AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 167.20 |
| 52 Week High | SEK 205.00 |
| 52 Week Low | SEK 156.40 |
| Beta | 1.24 |
| 1 Month Change | -4.89% |
| 3 Month Change | -11.63% |
| 1 Year Change | 0.60% |
| 3 Year Change | 38.53% |
| 5 Year Change | 4.50% |
| Change since IPO | 56.12% |
Recent News & Updates
Narrative Update • Jun 06
PNDX B: Reinitiated Buy Rating And Dividend Will Support Future Upside
Analysts keep the fair value estimate for Pandox steady at SEK 216.6. The current SEK 205 price target is supported by recent research that re-initiated coverage and highlighted the stock’s valuation and earnings potential without changing the core growth and margin assumptions. What's in the News Pandox shareholders approved a dividend of SEK 4.50 per share at the AGM held on 15 April 2026, according to company meeting resolutions.Narrative Update • May 21
PNDX B: Dividend Approval And Undervalued Earnings Profile Will Support Future Upside
Pandox's analyst price target has changed from SEK 227 to SEK 216.60, with analysts citing updated assumptions about the discount rate, revenue growth, profit margins and future P/E as the main drivers of this adjustment. What's in the News Pandox AB held its AGM on 15 April 2026, where shareholders approved a dividend of SEK 4.50 per share.Analysis Article • May 07
We Think That There Are Issues Underlying Pandox's (STO:PNDX B) Earnings
Investors were disappointed with Pandox AB (publ)'s ( STO:PNDX B ) earnings, despite the strong profit numbers. Our...Narrative Update • Apr 21
PNDX B: Bullish Danske Initiation And Dividend Support Future Upside
The analyst price target for Pandox has shifted from SEK 234 to SEK 227, as analysts balance slightly different assumptions on growth, margins and future P/E multiples against a generally positive stance reflected in recent research coverage. Analyst Commentary Recent research commentary frames the slightly lower SEK 227 target as a fine tuning of assumptions rather than a change in overall stance.Recent updates
Narrative Update • Jun 06
PNDX B: Reinitiated Buy Rating And Dividend Will Support Future Upside
Analysts keep the fair value estimate for Pandox steady at SEK 216.6. The current SEK 205 price target is supported by recent research that re-initiated coverage and highlighted the stock’s valuation and earnings potential without changing the core growth and margin assumptions. What's in the News Pandox shareholders approved a dividend of SEK 4.50 per share at the AGM held on 15 April 2026, according to company meeting resolutions.Narrative Update • May 21
PNDX B: Dividend Approval And Undervalued Earnings Profile Will Support Future Upside
Pandox's analyst price target has changed from SEK 227 to SEK 216.60, with analysts citing updated assumptions about the discount rate, revenue growth, profit margins and future P/E as the main drivers of this adjustment. What's in the News Pandox AB held its AGM on 15 April 2026, where shareholders approved a dividend of SEK 4.50 per share.Analysis Article • May 07
We Think That There Are Issues Underlying Pandox's (STO:PNDX B) Earnings
Investors were disappointed with Pandox AB (publ)'s ( STO:PNDX B ) earnings, despite the strong profit numbers. Our...Narrative Update • Apr 21
PNDX B: Bullish Danske Initiation And Dividend Support Future Upside
The analyst price target for Pandox has shifted from SEK 234 to SEK 227, as analysts balance slightly different assumptions on growth, margins and future P/E multiples against a generally positive stance reflected in recent research coverage. Analyst Commentary Recent research commentary frames the slightly lower SEK 227 target as a fine tuning of assumptions rather than a change in overall stance.Narrative Update • Apr 07
PNDX B: Bullish Danske Initiation And Stable Metrics Support Future Upside
Narrative Update on Pandox The analyst price target for Pandox remains at SEK 234, with analysts citing the recent bullish initiation from Danske Bank as support for maintaining their current fair value view. Analyst Commentary Analysts reacting to the recent bullish initiation are using the SEK 234 price target as a reference point to frame both upside potential and key execution risks for Pandox.Narrative Update • Mar 23
PNDX B: Bullish Danske View And Stable Metrics Support Future Upside
Analysts have kept the Pandox fair value estimate steady at SEK 234, with the recent bullish initiation from Danske Bank cited as support for the unchanged price target. Analyst Commentary Bullish Takeaways Bullish analysts view the SEK 234 fair value as supported by the recent initiation, indicating that current execution is seen as broadly aligned with this assessment.Narrative Update • Mar 09
PNDX B: Bullish Initiation And Higher Margins Will Support Future Upside
Analysts have maintained their Pandox fair value target at SEK 234. The latest bullish initiation from Danske Bank is cited as support for keeping this level rather than adjusting the estimate.Narrative Update • Feb 23
PNDX B: Higher Margin Outlook Will Support Future Upside Potential
Pandox's analyst price target has increased from SEK 228.33 to SEK 234.00, with analysts citing recent bullish initiation and updated assumptions on revenue growth, profit margin and future P/E as key inputs behind the revision. Analyst Commentary Bullish Takeaways Bullish analysts point to the recent bullish initiation as support for the revised SEK 234.00 target, viewing updated assumptions on revenue growth and profit margin as consistent with a higher valuation multiple.Analysis Article • Feb 13
Pandox (STO:PNDX B) Is Increasing Its Dividend To SEK4.50
The board of Pandox AB (publ) ( STO:PNDX B ) has announced that it will be paying its dividend of SEK4.50 on the 22nd...Narrative Update • Feb 07
PNDX B: Bullish Initiation And Refreshed Assumptions Will Support Future Upside Potential
Pandox’s analyst price target has shifted from SEK 220 to about SEK 228, with analysts citing refreshed views on revenue growth, profitability and future P/E assumptions following recent coverage, including a bullish initiation at Danske Bank, as key drivers of the new fair value range. Analyst Commentary Analysts are updating their views on Pandox around the new fair value range, focusing on how refreshed revenue assumptions, profitability expectations and P/E inputs line up with the current share price.Narrative Update • Jan 23
PNDX B: Bullish Initiation And Steady Assumptions Will Support Future Upside Potential
Pandox Narrative Update Analysts have kept their fair value estimate for Pandox steady at SEK 220.00 per share, explaining the unchanged target by pointing to a supportive new bullish initiation and only modest shifts in discount rate, profit margin and forward P/E assumptions. Analyst Commentary Recent research highlights a constructive stance on Pandox, with the unchanged SEK 220.00 fair value estimate framed against a newly bullish initiation.Narrative Update • Jan 08
PNDX B: Active Capital Allocation And Acquisitions Will Shape Balanced Outlook
Analysts kept their price target for Pandox unchanged at SEK 220. They cited only minor model tweaks around the discount rate, revenue growth, profit margin and future P/E assumptions that did not justify a different valuation level.Analysis Article • Dec 30
Is Now The Time To Look At Buying Pandox AB (publ) (STO:PNDX B)?
Pandox AB (publ) ( STO:PNDX B ), is not the largest company out there, but it saw a double-digit share price rise of...Narrative Update • Dec 22
PNDX B: Active Acquisitions Will Drive Future Upside Potential
Analysts have raised their price target on Pandox to SEK 220.0, reflecting increased confidence in the company's higher projected revenue growth and slightly improved profit margins, partly offset by a modestly lower expected future P/E multiple. What's in the News Pandox is actively seeking new acquisitions, with management highlighting a favorable environment for both disposing of assets and pursuing value accretive deals, including the recently announced Dalata transaction (Key Developments) The company is emphasizing capital allocation discipline to support a higher pace of value creating acquisitions and investments, aiming to keep growth "spinning quicker and quicker" over time (Key Developments) Pandox has completed the previously announced acquisition of Elite Hotel Frost Kiruna, which will be consolidated from 30 September 2025 in the Leases segment, for a total transaction value of approximately SEK 347 million (Key Developments) The company has scheduled multiple Analyst and Investor Day events, signaling increased engagement with the capital markets and a focus on communicating its strategy and outlook to shareholders (Key Developments) Valuation Changes Fair Value: unchanged at SEK 220.0 per share, indicating no revision to the central valuation outcome.Narrative Update • Dec 08
PNDX B: Active Acquisitions And Stable Margins Will Drive Future Upside
Pandox's analyst price target remains steady at SEK 220.00, as analysts view the slight uptick in the discount rate and marginal adjustments to long term growth and profitability assumptions as too small to warrant a change in valuation. What's in the News Pandox CEO Liia Nou signalled an active acquisition agenda, highlighting a favorable environment for both disposing of assets and pursuing value accretive deals, supported by a focus on capital allocation to accelerate growth (Key Developments).Analysis Article • Nov 30
Pandox (STO:PNDX B) Has A Somewhat Strained Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Narrative Update • Nov 24
PNDX B: Completed Acquisition And Steady Margins Will Drive Future Upside
Pandox's analyst price target has been reaffirmed at SEK 220.00. Analysts cite consistent financial projections as the supporting rationale for maintaining this valuation.Narrative Update • Nov 08
PNDX B: Revenue Gains Are Expected To Offset Margin Pressure Ahead
Pandox's analyst price target remains unchanged at 220. Analysts anticipate that improved revenue growth will outweigh the impact of a slightly higher discount rate and lower profit margin expectations.Analysis Article • Oct 31
Additional Considerations Required While Assessing Pandox's (STO:PNDX B) Strong Earnings
Pandox AB (publ) ( STO:PNDX B ) announced strong profits, but the stock was stagnant. Our analysis suggests that...Analysis Article • Oct 29
Analyst Forecasts For Pandox AB (publ) (STO:PNDX B) Are Surging Higher
Celebrations may be in order for Pandox AB (publ) ( STO:PNDX B ) shareholders, with the analysts delivering a...Narrative Update • Oct 24
Recent Acquisition And Segment Expansion Will Guide Portfolio Stability Beyond 2025
Pandox's analyst price target has increased from SEK 210 to SEK 220. This change reflects updated expectations based on prevailing market assumptions, despite slightly softer growth and profit margin forecasts, according to analysts.Analysis Article • Sep 15
Is Now An Opportune Moment To Examine Pandox AB (publ) (STO:PNDX B)?
Pandox AB (publ) ( STO:PNDX B ), might not be a large cap stock, but it saw a decent share price growth of 11% on the...Analysis Article • Aug 03
Is Pandox (STO:PNDX B) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Jul 15
Revenue Downgrade: Here's What Analysts Forecast For Pandox AB (publ) (STO:PNDX B)
The latest analyst coverage could presage a bad day for Pandox AB (publ) ( STO:PNDX B ), with the analysts making...Analysis Article • May 02
Pandox AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
As you might know, Pandox AB (publ) ( STO:PNDX B ) last week released its latest first-quarter, and things did not turn...Analysis Article • Apr 26
Is Pandox (STO:PNDX B) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Analysis Article • Feb 14
Pandox's (STO:PNDX B) Solid Profits Have Weak Fundamentals
Despite posting some strong earnings, the market for Pandox AB (publ)'s ( STO:PNDX B ) stock hasn't moved much. Our...
New Narrative • Feb 09
New Acquisitions And Sustainability Initiatives Will Boost Future Earnings Stability
Strategic acquisitions and investments are aimed at improving earnings quality and enhancing net margins through high-performing properties.Analysis Article • Jan 08
Here's Why Pandox (STO:PNDX B) Has A Meaningful Debt Burden
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • May 03
Some Investors May Be Willing To Look Past Pandox's (STO:PNDX B) Soft Earnings
Shareholders appeared unconcerned with Pandox AB (publ)'s ( STO:PNDX B ) lackluster earnings report last week. We did...Analysis Article • Mar 15
Pandox's (STO:PNDX B) Dividend Will Be Increased To SEK4.00
Pandox AB (publ)'s ( STO:PNDX B ) dividend will be increasing from last year's payment of the same period to SEK4.00 on...Shareholder Returns
| PNDX B | SE Real Estate | SE Market | |
|---|---|---|---|
| 7D | -2.7% | -3.2% | 0.4% |
| 1Y | 0.6% | -15.1% | 10.5% |
Return vs Industry: PNDX B exceeded the Swedish Real Estate industry which returned -15.1% over the past year.
Return vs Market: PNDX B underperformed the Swedish Market which returned 10.5% over the past year.
Price Volatility
| PNDX B volatility | |
|---|---|
| PNDX B Average Weekly Movement | 3.7% |
| Real Estate Industry Average Movement | 3.7% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in SE Market | 13.9% |
| 10% least volatile stocks in SE Market | 3.6% |
Stable Share Price: PNDX B has not had significant price volatility in the past 3 months compared to the Swedish market.
Volatility Over Time: PNDX B's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1932 | 1,337 | Liia Nou | www.pandox.se |
Pandox AB (publ) owns, develops, and leases hotel properties to skilled hotel operators under long-term, turnover based leases with minimum guaranteed levels. Since their inception in 1995, they have grown into one of the largest hotel property owners in Europe. Their portfolio consists of 193 hotel properties with approximately 43,000 rooms across 11 countries in Northern Europe.
Pandox AB (publ) Fundamentals Summary
| PNDX B fundamental statistics | |
|---|---|
| Market cap | SEK 32.69b |
| Earnings (TTM) | SEK 3.67b |
| Revenue (TTM) | SEK 7.64b |
8.9x
P/E Ratio4.3x
P/S RatioIs PNDX B overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PNDX B income statement (TTM) | |
|---|---|
| Revenue | SEK 7.64b |
| Cost of Revenue | SEK 3.21b |
| Gross Profit | SEK 4.43b |
| Other Expenses | SEK 760.00m |
| Earnings | SEK 3.67b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 15, 2026
| Earnings per share (EPS) | 18.84 |
| Gross Margin | 57.96% |
| Net Profit Margin | 48.01% |
| Debt/Equity Ratio | 143.2% |
How did PNDX B perform over the long term?
See historical performance and comparisonDividends
2.7%
Current Dividend Yield24%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/09 18:13 |
| End of Day Share Price | 2026/06/09 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Pandox AB (publ) is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| null null | ABG Sundal Collier Sponsored |
| Erik Granström | Carnegie Investment Bank AB |