Here's Why Wihlborgs Fastigheter (STO:WIHL) Has A Meaningful Debt Burden
Aug 07
Swedish (OMX) Real Estate Industry Analysis
UpdatedAug 07, 2024
DataAggregated Company Financials
Companies66
- 7D-3.7%
- 3M1.7%
- 1Y18.5%
- YTD3.3%
The Real Estate industry is down 3.9% over the last week with Akelius Residential Property the worst performer, down 2.2%. Meanwhile, Slottsviken Fastighetsaktiebolag actually outperformed within the industry, gaining 6.5% in the last week. This takes the industry's 12 month performance to a gain of 18%. Looking forward, earnings are forecast to grow by 66% 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 |
|---|---|---|---|---|---|---|
| Wed, 07 Aug 2024 | SEK 670.5b | SEK 116.8b | -SEK 53,211,323,219.90 | 54.5x | -12.6x | 5.7x |
| Fri, 05 Jul 2024 | SEK 672.8b | SEK 115.1b | -SEK 62,050,049,262.82 | 62.6x | -10.8x | 5.8x |
| Sun, 02 Jun 2024 | SEK 655.9b | SEK 115.2b | -SEK 61,819,666,530.32 | 42.2x | -10.6x | 5.7x |
| Tue, 30 Apr 2024 | SEK 617.8b | SEK 110.0b | -SEK 53,218,203,075.74 | 25.9x | -11.6x | 5.6x |
| Thu, 28 Mar 2024 | SEK 656.0b | SEK 113.3b | -SEK 69,845,782,138.66 | 26.4x | -9.4x | 5.8x |
| Sat, 24 Feb 2024 | SEK 582.8b | SEK 117.1b | -SEK 98,079,178,074.28 | 22x | -5.9x | 5x |
| Mon, 22 Jan 2024 | SEK 591.1b | SEK 113.5b | -SEK 90,727,631,576.00 | 22.7x | -6.5x | 5.2x |
| Wed, 20 Dec 2023 | SEK 636.3b | SEK 113.6b | -SEK 89,791,108,204.00 | 22.2x | -7.1x | 5.6x |
| Fri, 17 Nov 2023 | SEK 547.3b | SEK 112.6b | -SEK 90,853,969,107.00 | 19.2x | -6x | 4.9x |
| Sun, 15 Oct 2023 | SEK 487.5b | SEK 109.9b | -SEK 78,819,828,907.00 | 17.7x | -6.2x | 4.4x |
| Tue, 12 Sep 2023 | SEK 525.7b | SEK 110.1b | -SEK 78,411,682,282.00 | 18.6x | -6.7x | 4.8x |
| Thu, 10 Aug 2023 | SEK 530.9b | SEK 108.7b | -SEK 71,002,679,014.00 | 19.7x | -7.5x | 4.9x |
| Sat, 08 Jul 2023 | SEK 507.4b | SEK 114.1b | -SEK 44,130,187,044.00 | 14.5x | -11.5x | 4.4x |
| Mon, 05 Jun 2023 | SEK 489.3b | SEK 113.2b | -SEK 33,795,429,233.00 | 14.8x | -14.5x | 4.3x |
| Wed, 03 May 2023 | SEK 517.8b | SEK 112.3b | -SEK 20,168,657,800.00 | 14.2x | -25.7x | 4.6x |
| Fri, 31 Mar 2023 | SEK 526.1b | SEK 111.5b | SEK 36.7b | 8.8x | 14.3x | 4.7x |
| Sun, 26 Feb 2023 | SEK 569.3b | SEK 109.8b | SEK 43.9b | 7.9x | 13x | 5.2x |
| Tue, 24 Jan 2023 | SEK 629.2b | SEK 111.1b | SEK 120.3b | 5.4x | 5.2x | 5.7x |
| Thu, 22 Dec 2022 | SEK 547.6b | SEK 111.2b | SEK 120.0b | 4.9x | 4.6x | 4.9x |
| Sat, 19 Nov 2022 | SEK 540.5b | SEK 110.9b | SEK 121.7b | 4.2x | 4.4x | 4.9x |
| Mon, 17 Oct 2022 | SEK 464.7b | SEK 103.3b | SEK 146.7b | 3.6x | 3.2x | 4.5x |
| Wed, 14 Sep 2022 | SEK 606.6b | SEK 103.0b | SEK 146.8b | 4.5x | 4.1x | 5.9x |
| Fri, 12 Aug 2022 | SEK 653.2b | SEK 97.7b | SEK 148.7b | 5x | 4.4x | 6.7x |
| Sun, 10 Jul 2022 | SEK 544.6b | SEK 93.7b | SEK 153.9b | 4.2x | 3.5x | 5.8x |
| Tue, 07 Jun 2022 | SEK 666.7b | SEK 93.6b | SEK 149.5b | 5.4x | 4.5x | 7.1x |
| Thu, 05 May 2022 | SEK 686.9b | SEK 90.6b | SEK 145.9b | 5.7x | 4.7x | 7.6x |
| Sat, 02 Apr 2022 | SEK 862.2b | SEK 86.4b | SEK 134.9b | 7.4x | 6.4x | 10x |
| Mon, 28 Feb 2022 | SEK 843.8b | SEK 92.8b | SEK 135.3b | 7.4x | 6.2x | 9.1x |
| Wed, 26 Jan 2022 | SEK 836.8b | SEK 84.3b | SEK 102.1b | 9.5x | 8.2x | 9.9x |
| Fri, 24 Dec 2021 | SEK 935.4b | SEK 84.0b | SEK 101.5b | 10.3x | 9.2x | 11.1x |
| Sun, 21 Nov 2021 | SEK 1.0t | SEK 84.3b | SEK 100.8b | 11.4x | 10.1x | 12.1x |
| Tue, 19 Oct 2021 | SEK 858.0b | SEK 78.5b | SEK 89.3b | 11.3x | 9.6x | 10.9x |
| Thu, 16 Sep 2021 | SEK 846.9b | SEK 78.3b | SEK 89.1b | 11.2x | 9.5x | 10.8x |
| Sat, 14 Aug 2021 | SEK 889.0b | SEK 78.2b | SEK 88.5b | 12x | 10x | 11.4x |
Price to Earnings Ratio
10x
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 6.6x 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 14% 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 | -7.16% | |
| Real Estate | -3.69% | |
| Real Estate | -3.69% | |
| Real Estate Development | 0.29% | |
| Real Estate Operating Companies | -3.71% | |
| Diversified Real Estate | -9.95% | |
| Real Estate Services | -10.05% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Diversified Real Estate industry, expecting annual earnings growth of 137% over the next 5 years.
- In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 65% 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 | |
|---|---|---|---|---|---|
| WBGR B Wästbygg Gruppen | SEK 54.80 | 4.2% +SEK 71.1m | 44.2% | PS0.4x | |
| PRISMA Prisma Properties | SEK 25.92 | 0.9% +SEK 36.2m | n/a | PS10.5x | |
| AGROUP Arlandastad Group | SEK 31.30 | 1.6% +SEK 31.6m | -12.3% | PS4.9x | |
| REAL Real Fastigheter | SEK 9.00 | 12.5% +SEK 29.7m | -21.7% | PE72.2x | |
| LATF B Latvian Forest Company | SEK 9.00 | 4.7% +SEK 16.0m | -2.2% | PS19.2x |
