Hufvudstaden AB (publ)

BATS-CHIXE:HUFVAS Stock Report

Market Cap: SEK 23.5b

Hufvudstaden Valuation

Is HUFVAS 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 HUFVAS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
SEK 37.18
Fair Value
207.4% overvalued intrinsic discount
6
Number of Analysts

Below Fair Value: HUFVAS (SEK114.3) is trading above our estimate of fair value (SEK37.18)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for HUFVAS. This is calculated by dividing HUFVAS's market cap by their current earnings.
What is HUFVAS's PE Ratio?
PE Ratio64.4x
EarningsSEK 364.60m
Market CapSEK 23.47b

Price to Earnings Ratio vs Peers

How does HUFVAS's PE Ratio compare to its peers?

The above table shows the PE ratio for HUFVAS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average53.3x
IWG International Workplace Group
117.7x49.1%UK£1.8b
GRI Grainger
49x35.1%UK£1.5b
SRE Sirius Real Estate
11.8x9.6%UK£1.3b
TPFG Property Franchise Group
34.7x54.9%UK£269.4m
HUFVAS Hufvudstaden
64.4x26.3%SEK 23.5b

Price-To-Earnings vs Peers: HUFVAS is expensive based on its Price-To-Earnings Ratio (64.4x) compared to the peer average (53.3x).

Price to Earnings Ratio vs Industry

How does HUFVAS's PE Ratio compare vs other companies in the GB Real Estate Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
RAV Raven Property Group
0.3x-76.0%US$23.74m
CRC Circle Property
0.4xn/aUS$1.28m
No more companies available in this PE range
No. of Companies7PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HUFVAS is expensive based on its Price-To-Earnings Ratio (64.4x) compared to the European Real Estate industry average (17.9x).

Price to Earnings Ratio vs Fair Ratio

What is HUFVAS'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.

HUFVAS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio64.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate HUFVAS's Price-To-Earnings Fair Ratio for valuation analysis.

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 HUFVAS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
SEK 130.33
0%
7.4%SEK 140.00SEK 110.00n/a6
Mar ’26n/a
SEK 129.50
0%
7.6%SEK 140.00SEK 110.00n/a6
Feb ’26n/a
SEK 131.17
0%
9.2%SEK 150.00SEK 110.00n/a6
Jan ’26n/a
SEK 132.83
0%
8.9%SEK 150.00SEK 110.00n/a6
Dec ’25n/a
SEK 132.83
0%
8.9%SEK 150.00SEK 110.00n/a6
Nov ’25n/a
SEK 132.83
0%
9.1%SEK 150.00SEK 110.00n/a6
Oct ’25n/a
SEK 132.71
0%
8.5%SEK 150.00SEK 110.00n/a7
Sep ’25n/a
SEK 132.71
0%
8.5%SEK 150.00SEK 110.00n/a7
Aug ’25n/a
SEK 128.33
0%
10.2%SEK 150.00SEK 110.00n/a6
Jul ’25n/a
SEK 128.33
0%
10.2%SEK 150.00SEK 110.00n/a6
Jun ’25n/a
SEK 130.00
0%
10.6%SEK 150.00SEK 110.00n/a6
May ’25n/a
SEK 130.83
0%
10.0%SEK 150.00SEK 110.00n/a6
Apr ’25n/a
SEK 130.83
0%
10.0%SEK 150.00SEK 110.00n/a6
Mar ’25n/a
SEK 132.50
0%
8.1%SEK 150.00SEK 120.00n/a6
Feb ’25n/a
SEK 132.50
0%
7.5%SEK 150.00SEK 120.00n/a6
Jan ’25n/a
SEK 129.17
0%
8.5%SEK 150.00SEK 115.00n/a6
Dec ’24n/a
SEK 128.17
0%
9.3%SEK 150.00SEK 114.00n/a6
Nov ’24n/a
SEK 128.17
0%
10.6%SEK 155.00SEK 114.00n/a6
Oct ’24n/a
SEK 128.17
0%
10.6%SEK 155.00SEK 114.00n/a6
Sep ’24n/a
SEK 130.83
0%
13.9%SEK 165.00SEK 110.00n/a6
Aug ’24SEK 126.20
SEK 134.17
+6.3%
13.0%SEK 165.00SEK 110.00n/a6
Jul ’24n/a
SEK 136.67
0%
16.2%SEK 180.00SEK 110.00n/a6
Jun ’24n/a
SEK 136.67
0%
16.2%SEK 180.00SEK 110.00n/a6
May ’24n/a
SEK 140.17
0%
15.8%SEK 180.00SEK 110.00n/a6
Apr ’24SEK 132.90
SEK 140.17
+5.5%
15.8%SEK 180.00SEK 110.00n/a6
Mar ’24n/a
SEK 140.17
0%
15.8%SEK 180.00SEK 110.00n/a6
Analyst Price Target
Consensus Narrative from 6 Analysts
SEK 128.42
Fair Value
11.0% undervalued intrinsic discount
6
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/21 09:17
End of Day Share Price 2025/03/12 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Hufvudstaden AB (publ) is covered by 19 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Ruud Van MaanenABN AMRO Bank N.V.
Maarten BakkerABN AMRO Bank N.V.