Are Investors Undervaluing Samhällsbyggnadsbolaget i Norden AB (publ) (STO:SBB B) By 47%?
Jun 03
Swedish (OMX) Real Estate Industry Analysis
UpdatedJun 03, 2024
DataAggregated Company Financials
Companies65
- 7D-0.07%
- 3M11.1%
- 1Y19.2%
- YTD2.7%
The Real Estate is pretty flat in the last 7 days, but Pandox has stood out, gaining 7.1%. As for the the longer term, the industry is up 20% over the past 12 months. Looking forward, earnings are forecast to grow by 67% annually.
Industry Valuation and Performance
Has the Swedish Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 03 Jun 2024 | kr655.9b | kr115.2b | -kr61,819,666,530.32 | 42.2x | -10.6x | 5.7x |
| Wed, 01 May 2024 | kr623.4b | kr109.9b | -kr53,222,054,776.28 | 25.8x | -11.7x | 5.7x |
| Fri, 29 Mar 2024 | kr660.7b | kr113.3b | -kr69,851,018,467.33 | 26.5x | -9.5x | 5.8x |
| Sun, 25 Feb 2024 | kr582.8b | kr115.6b | -kr96,717,710,372.95 | 22.3x | -6x | 5x |
| Tue, 23 Jan 2024 | kr596.5b | kr113.5b | -kr90,726,269,559.00 | 22.7x | -6.6x | 5.3x |
| Thu, 21 Dec 2023 | kr637.6b | kr113.5b | -kr89,787,817,935.00 | 23.1x | -7.1x | 5.6x |
| Sat, 18 Nov 2023 | kr553.2b | kr113.5b | -kr90,003,361,593.00 | 19.2x | -6.1x | 4.9x |
| Mon, 16 Oct 2023 | kr487.5b | kr109.9b | -kr78,819,828,907.00 | 17.7x | -6.2x | 4.4x |
| Wed, 13 Sep 2023 | kr513.7b | kr110.1b | -kr78,411,268,053.00 | 18.1x | -6.6x | 4.7x |
| Fri, 11 Aug 2023 | kr547.5b | kr108.7b | -kr71,003,777,210.00 | 19.7x | -7.7x | 5x |
| Sun, 09 Jul 2023 | kr507.4b | kr114.1b | -kr44,130,122,339.00 | 14.5x | -11.5x | 4.4x |
| Tue, 06 Jun 2023 | kr495.4b | kr113.2b | -kr33,784,369,988.00 | 15.1x | -14.7x | 4.4x |
| Thu, 04 May 2023 | kr515.8b | kr112.4b | -kr21,543,526,617.00 | 12.4x | -23.9x | 4.6x |
| Sat, 01 Apr 2023 | kr530.8b | kr111.5b | kr36.7b | 8.9x | 14.4x | 4.8x |
| Mon, 27 Feb 2023 | kr569.0b | kr110.4b | kr39.2b | 7.9x | 14.5x | 5.2x |
| Wed, 25 Jan 2023 | kr629.6b | kr111.1b | kr120.3b | 5.5x | 5.2x | 5.7x |
| Fri, 23 Dec 2022 | kr545.5b | kr111.2b | kr120.0b | 4.9x | 4.5x | 4.9x |
| Sun, 20 Nov 2022 | kr540.5b | kr111.0b | kr121.6b | 4.4x | 4.4x | 4.9x |
| Tue, 18 Oct 2022 | kr464.7b | kr103.3b | kr146.7b | 3.6x | 3.2x | 4.5x |
| Thu, 15 Sep 2022 | kr565.9b | kr103.2b | kr146.7b | 4.3x | 3.9x | 5.5x |
| Sat, 13 Aug 2022 | kr674.1b | kr97.8b | kr148.8b | 5x | 4.5x | 6.9x |
| Mon, 11 Jul 2022 | kr544.6b | kr93.7b | kr153.9b | 4.2x | 3.5x | 5.8x |
| Wed, 08 Jun 2022 | kr662.9b | kr93.6b | kr149.5b | 5.3x | 4.4x | 7.1x |
| Fri, 06 May 2022 | kr689.7b | kr90.7b | kr145.6b | 5.8x | 4.7x | 7.6x |
| Sun, 03 Apr 2022 | kr862.2b | kr86.4b | kr134.9b | 7.4x | 6.4x | 10x |
| Tue, 01 Mar 2022 | kr857.5b | kr90.5b | kr135.3b | 7.4x | 6.3x | 9.5x |
| Thu, 27 Jan 2022 | kr901.0b | kr84.3b | kr102.1b | 10.6x | 8.8x | 10.7x |
| Sat, 25 Dec 2021 | kr935.3b | kr84.3b | kr101.9b | 10.6x | 9.2x | 11.1x |
| Mon, 22 Nov 2021 | kr1.0t | kr85.0b | kr101.2b | 11.2x | 10.1x | 12x |
| Wed, 20 Oct 2021 | kr864.0b | kr78.5b | kr89.3b | 11.4x | 9.7x | 11x |
| Fri, 17 Sep 2021 | kr848.6b | kr78.4b | kr88.8b | 11.2x | 9.6x | 10.8x |
| Sun, 15 Aug 2021 | kr889.0b | kr78.2b | kr88.5b | 12x | 10x | 11.4x |
| Thu, 10 Jun 2021 | kr723.5b | kr75.8b | kr69.5b | 11x | 10.4x | 9.5x |
Price to Earnings Ratio
10.4x
Current Industry PE
- Investors are pessimistic on the Swedish Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The 3-year average PS ratio of 6.7x is higher than the industry's current PS ratio of 5.7x.
Past Earnings Growth
- Total earnings for the Real Estate industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 15% 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 Trends
Which industries have driven the changes within the Swedish Real Estate industry?
| SE Market | -0.91% | |
| Real Estate | -0.066% | |
| Real Estate | -0.066% | |
| Diversified Real Estate | 2.48% | |
| Real Estate Development | 0.31% | |
| Real Estate Operating Companies | -0.077% | |
| Real Estate Services | -2.29% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Diversified Real Estate industry, expecting annual earnings growth of 145% over the next 5 years.
- In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 67% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PNDX B Pandox | kr189.60 | 6.6% +kr2.2b | 60.7% | PE446.9x | |
| NYF Nyfosa | kr106.70 | 3.9% +kr832.3m | 62.9% | PS5.9x | |
| SBB B Samhällsbyggnadsbolaget i Norden | kr5.12 | 10.6% +kr811.1m | -4.8% | PS1.7x | |
| CORE A Corem Property Group | kr9.50 | 7.5% +kr725.1m | 37.3% | PS3.7x | |
| HUFV A Hufvudstaden | kr130.40 | 1.5% +kr384.4m | -4.9% | PS8.7x |
