Wihlborgs Fastigheter AB (publ)

DB:1EJ Stock Report

Market Cap: €3.0b

Wihlborgs Fastigheter Valuation

Is 1EJ undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 1EJ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1EJ (€9.38) is trading above our estimate of fair value (€0.75)

Significantly Below Fair Value: 1EJ is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1EJ?

Key metric: As 1EJ is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 1EJ. This is calculated by dividing 1EJ's market cap by their current earnings.
What is 1EJ's PE Ratio?
PE Ratio68.7x
EarningsSEK 496.00m
Market CapSEK 34.09b

Price to Earnings Ratio vs Peers

How does 1EJ's PE Ratio compare to its peers?

The above table shows the PE ratio for 1EJ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.8x
SPB Sedlmayr Grund und Immobilien
61.9xn/a€873.8m
GWK3 GAG Immobilien
24xn/a€800.4m
DWB Dinkelacker
29.3xn/a€297.0m
VIH1 VIB Vermögen
3.9x-19.3%€337.2m
1EJ Wihlborgs Fastigheter
68.7x39.2%€34.1b

Price-To-Earnings vs Peers: 1EJ is expensive based on its Price-To-Earnings Ratio (68.7x) compared to the peer average (29.8x).

Price to Earnings Ratio vs Industry

How does 1EJ's PE Ratio compare vs other companies in the European Real Estate Industry?

29 CompaniesPrice / EarningsEstimated GrowthMarket Cap
1EJ 68.7xIndustry Avg. 18.2xNo. of Companies31PE01632486480+
29 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 1EJ is expensive based on its Price-To-Earnings Ratio (68.7x) compared to the European Real Estate industry average (18.2x).

Price to Earnings Ratio vs Fair Ratio

What is 1EJ's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1EJ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio68.7x
Fair PE Ratio27.1x

Price-To-Earnings vs Fair Ratio: 1EJ is expensive based on its Price-To-Earnings Ratio (68.7x) compared to the estimated Fair Price-To-Earnings Ratio (27.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 1EJ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€9.38
€10.33
+10.2%
7.8%€11.24€9.25n/a6
Nov ’25€9.43
€10.16
+7.8%
7.3%€11.37€9.36n/a6
Oct ’25€10.31
€8.84
-14.3%
11.0%€9.90€7.06n/a6
Sep ’25€9.28
€8.84
-4.7%
11.0%€9.90€7.06n/a6
Aug ’25€9.19
€8.84
-3.8%
11.0%€9.90€7.06n/a6
Jul ’25€8.67
€8.61
-0.7%
10.4%€9.75€7.27n/a6
Jun ’25€8.37
€8.18
-2.3%
8.9%€8.99€7.02n/a6
May ’25€7.69
€8.20
+6.7%
8.9%€9.02€7.04n/a6
Apr ’25€8.39
€8.02
-4.3%
7.7%€8.88€7.28n/a6
Mar ’25€7.29
€7.90
+8.4%
9.7%€8.86€6.65n/a6
Feb ’25€8.14
€7.70
-5.5%
11.4%€8.80€6.60n/a6
Jan ’25€8.46
€7.43
-12.2%
7.0%€7.98€6.65n/a6
Dec ’24€7.31
€7.31
+0.001%
6.4%€7.93€6.61n/a6
Nov ’24€5.98
€6.96
+16.4%
7.2%€7.64€6.37€9.436
Oct ’24€6.36
€7.26
+14.1%
8.5%€8.19€6.33€10.316
Sep ’24€6.95
€7.52
+8.3%
10.0%€8.83€6.49€9.286
Aug ’24€6.98
€7.52
+7.7%
10.0%€8.83€6.49€9.196
Jul ’24€6.48
€7.47
+15.4%
12.7%€8.29€5.55€8.676
Jun ’24€6.57
€7.73
+17.8%
12.8%€8.64€5.73€8.376
May ’24€7.07
€7.76
+9.9%
13.4%€8.77€5.70€7.696
Apr ’24€6.87
€8.21
+19.6%
14.5%€9.22€5.88€8.396
Mar ’24€7.74
€8.21
+6.1%
14.5%€9.22€5.88€7.296
Feb ’24€7.41
€9.55
+28.9%
53.6%€20.66€5.39€8.146
Jan ’24€7.04
€6.77
-3.7%
10.4%€7.53€5.44€8.466
Dec ’23€7.38
€6.77
-8.2%
10.4%€7.53€5.44€7.316
Nov ’23€6.55
€6.77
+3.5%
10.4%€7.53€5.44€5.986

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

Tokyu Fudosan Holdings

JP¥701.0b

Engages in the real estate business in Japan and internationally.

T8F

JP¥6.10

7D

4.3%

1Y

8.9%

Murapol

zł1.4b

Engages in the residential real estate development in Poland.

44L

zł7.84

7D

5.0%

1Y

n/a

Relo Group

JP¥265.5b

Engages in the provision of property management services in Japan.

665

JP¥10.90

7D

6.9%

1Y

16.0%