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Swedish (OMX) Real Estate Operating Companies Industry Analysis

UpdatedJan 12, 2026
DataAggregated Company Financials
Companies50
  • 7D3.9%
  • 3M-1.1%
  • 1Y1.4%
  • YTDn/a

Over the last 7 days, the Real Estate Operating Companies industry has remained flat. As for the longer term, the industry has declined 8.7% in the last year. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

Has the Swedish Real Estate Operating Companies Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 13 Jan 2026SEK 616.2bSEK 113.1bSEK 42.9b15.8x14.4x5.4x
Thu, 11 Dec 2025SEK 586.5bSEK 113.1bSEK 42.9b14.8x13.7x5.2x
Sat, 08 Nov 2025SEK 610.8bSEK 112.8bSEK 39.4b15.1x15.5x5.4x
Mon, 06 Oct 2025SEK 588.6bSEK 111.2bSEK 31.7b17x18.6x5.3x
Wed, 03 Sep 2025SEK 580.8bSEK 111.2bSEK 31.7b16.7x18.3x5.2x
Fri, 01 Aug 2025SEK 604.9bSEK 111.4bSEK 28.1b18.4x21.5x5.4x
Sun, 29 Jun 2025SEK 645.1bSEK 111.1bSEK 29.4b19.8x22x5.8x
Tue, 27 May 2025SEK 606.3bSEK 111.3bSEK 28.9b18.8x21x5.4x
Thu, 24 Apr 2025SEK 597.8bSEK 110.3bSEK 18.7b21.4x32x5.4x
Sat, 22 Mar 2025SEK 591.0bSEK 110.1bSEK 17.5b20.3x33.8x5.4x
Mon, 17 Feb 2025SEK 668.5bSEK 113.4b-SEK 2,512,505,226.5022.9x-266.1x5.9x
Wed, 15 Jan 2025SEK 622.6bSEK 110.7b-SEK 26,896,403,322.8427.5x-23.1x5.6x
Fri, 13 Dec 2024SEK 665.9bSEK 110.7b-SEK 26,896,849,660.4028.5x-24.8x6x
Sun, 10 Nov 2024SEK 690.8bSEK 112.2b-SEK 28,224,867,724.9349.3x-24.5x6.2x
Tue, 08 Oct 2024SEK 745.5bSEK 109.4b-SEK 38,201,389,721.8559.2x-19.5x6.8x
Thu, 05 Sep 2024SEK 688.6bSEK 109.4b-SEK 38,202,776,244.4554.7x-18x6.3x
Sat, 03 Aug 2024SEK 689.2bSEK 108.4b-SEK 51,170,977,953.4756.5x-13.5x6.4x
Mon, 01 Jul 2024SEK 642.3bSEK 106.3b-SEK 58,686,022,719.4062.1x-10.9x6x
Wed, 29 May 2024SEK 645.3bSEK 106.6b-SEK 58,562,885,560.9949.4x-11x6.1x
Fri, 26 Apr 2024SEK 585.0bSEK 101.3b-SEK 53,789,931,264.8337.4x-10.9x5.8x
Sun, 24 Mar 2024SEK 634.1bSEK 102.8b-SEK 66,778,171,758.6528.1x-9.5x6.2x
Tue, 20 Feb 2024SEK 580.5bSEK 104.8b-SEK 94,454,362,594.0723.2x-6.1x5.5x
Thu, 18 Jan 2024SEK 581.4bSEK 102.7b-SEK 86,410,886,079.0023.2x-6.7x5.7x
Sat, 16 Dec 2023SEK 621.2bSEK 102.7b-SEK 85,480,467,538.0023.7x-7.3x6x
Mon, 13 Nov 2023SEK 506.8bSEK 99.1b-SEK 86,085,163,443.0018.6x-5.9x5.1x
Wed, 11 Oct 2023SEK 482.9bSEK 99.2b-SEK 73,513,198,159.0017.3x-6.6x4.9x
Fri, 08 Sep 2023SEK 512.1bSEK 99.3b-SEK 73,501,785,686.0018.3x-7x5.2x
Sun, 06 Aug 2023SEK 521.2bSEK 98.1b-SEK 66,694,556,343.0019.1x-7.8x5.3x
Tue, 04 Jul 2023SEK 485.1bSEK 99.7b-SEK 33,165,043,748.0013x-14.6x4.9x
Thu, 01 Jun 2023SEK 447.0bSEK 99.6b-SEK 32,796,936,269.0013.9x-13.6x4.5x
Sat, 29 Apr 2023SEK 526.2bSEK 99.0bSEK 319.2m11.8x1648.9x5.3x
Mon, 27 Mar 2023SEK 481.9bSEK 97.9bSEK 38.0b8.4x12.7x4.9x
Wed, 22 Feb 2023SEK 569.2bSEK 101.0bSEK 70.4b6.4x8.1x5.6x
Fri, 20 Jan 2023SEK 595.0bSEK 98.7bSEK 114.9b5.6x5.2x6x
Price to Earnings Ratio

5.2x


Total Market Cap: SEK 595.0bTotal Earnings: SEK 114.9bTotal Revenue: SEK 98.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Swedish Real Estate Operating Companies Industry Price to Earnings3Y Average -0.1x202420252026
Current Industry PE
  • Investors are pessimistic on the Swedish Real Estate Operating Companies industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 13.8x which is higher than its 3-year average PE of -0.20x.
  • The industry is trading close to its 3-year average PS ratio of 5.6x.
Past Earnings Growth
  • The earnings for companies in the Real Estate Operating Companies industry have declined 28% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.7% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Swedish Real Estate Operating Companies compare with similar industries?

SE Market2.44%
Real Estate3.88%
Real Estate3.88%
Real Estate Operating Companies3.86%
Real Estate Development6.76%
Diversified Real Estate2.54%
Real Estate Services0%0
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SAGA A AB SagaxSEK 202.005.2%
+SEK 4.6b		-2.4%PE28.9x
BALD B Fastighets AB BalderSEK 69.743.5%
+SEK 2.8b		0.5%PE9x
CATE CatenaSEK 470.407.1%
+SEK 1.9b		7.5%PE17.6x
CAST CastellumSEK 109.003.6%
+SEK 1.9b		-2.5%PE17.7x
ATRLJ B Atrium LjungbergSEK 35.137.1%
+SEK 1.5b		-5.1%PE20.6x

Latest News

FABG
SEK 82.50
Fabege
7D
2.7%
1Y
5.9%

FABG: New Leadership And Urban Projects Will Shape Balanced Outlook Into 2026

Analysts have slightly reduced their price target on Fabege from SEK 86.25 to about SEK 84.88, reflecting updated assumptions around revenue growth, profit margins and the forward P/E multiple. What's in the News The board of directors of Fabege AB (publ) has appointed Bent Oustad as the new CEO, with his term starting on December 1, 2025 (Key Developments).
WALL B
SEK 42.56
Wallenstam
7D
4.3%
1Y
-3.7%

Here's Why Wallenstam (STO:WALL B) Has A Meaningful Debt Burden

Jan 10
Here's Why Wallenstam (STO:WALL B) Has A Meaningful Debt Burden
CATE
SEK 470.40
Catena
7D
7.1%
1Y
7.5%

CATE: Nordic Logistics Acquisitions And Ramlosa Development Will Support Future Upside Potential

Analysts have kept their fair value target for Catena steady at $575.00. The latest update reflects slightly adjusted assumptions around discount rate, revenue growth, profit margin and future P/E that together support maintaining this level.
WIHL
SEK 94.10
Wihlborgs Fastigheter
7D
3.9%
1Y
-6.4%

WIHL: Hold Downgrade Yet Leasing Momentum Will Support Future Cash Flows

Analysts have trimmed their price target for Wihlborgs Fastigheter to SEK 105 from SEK 120, citing valuation considerations and updated estimates. These updates feed into a slightly lower implied P/E and discount rate in their models.
CAST
SEK 109.00
Castellum
7D
3.6%
1Y
-2.5%

CAST: Cost Cuts And Reorganisation Will Support Future Margin Upside

Analysts have nudged their price target for Castellum higher to about €141.89 per share, reflecting slightly lower discount rate assumptions, a marginally higher revenue growth outlook, stronger profit margin expectations at roughly 82.5%, and a modestly reduced future P/E multiple near 10.6x. What's in the News Executive management is being reduced from 13 to 10 positions as part of a reorganisation aimed at a more efficient structure, lower costs and higher profitability, with several senior leaders, including the CFO, CIO, General Counsel and COO, leaving the company (Key Developments).
SOLNA
SEK 120.00
Solnaberg Property
7D
-0.8%
1Y
8.1%
BALD B
SEK 69.74
Fastighets AB Balder
7D
3.5%
1Y
0.5%

Is Now The Time To Look At Buying Fastighets AB Balder (publ) (STO:BALD B)?

Dec 30
Is Now The Time To Look At Buying Fastighets AB Balder (publ) (STO:BALD B)?
TINGS A
SEK 39.60
Tingsvalvet Fastighets
7D
-1.0%
1Y
11.2%
SAGA A
SEK 202.00
AB Sagax
7D
5.2%
1Y
-2.4%

At kr198, Is AB Sagax (publ) (STO:SAGA A) Worth Looking At Closely?

Dec 13
At kr198, Is AB Sagax (publ) (STO:SAGA A) Worth Looking At Closely?
ACRI A
SEK 10.60
Acrinova
7D
-3.2%
1Y
15.8%

We Think Acrinova's (STO:ACRI A) Solid Earnings Are Understated

Dec 03
We Think Acrinova's (STO:ACRI A) Solid Earnings Are Understated
PRESRV
SEK 54.00
Preservium Property
7D
-4.4%
1Y
15.4%
K2A B
SEK 4.98
K2A Knaust & Andersson Fastigheter
7D
-1.6%
1Y
-33.8%
FNOVA B
SEK 28.20
Fortinova Fastigheter
7D
-2.4%
1Y
3.3%

Impressive Earnings May Not Tell The Whole Story For Fortinova Fastigheter (STO:FNOVA B)

Nov 06
Impressive Earnings May Not Tell The Whole Story For Fortinova Fastigheter (STO:FNOVA B)
SLOTT B
SEK 39.20
Slottsviken Fastighetsaktiebolag
7D
-8.0%
1Y
76.6%
EMIL B
SEK 53.50
Fastighetsbolaget Emilshus
7D
-1.8%
1Y
29.5%
ATRLJ B
SEK 35.13
Atrium Ljungberg
7D
7.1%
1Y
-5.1%