Nyfosa AB (publ)

BATS-CHIXE:NYFS Stock Report

Market Cap: SEK 21.4b

Nyfosa Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: NYFS (SEK105.3) is trading above our estimate of fair value (SEK20.78)

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

Key Valuation Metric

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

Key metric: As NYFS is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for NYFS. This is calculated by dividing NYFS's market cap by their current revenue.
What is NYFS's PS Ratio?
PS Ratio5.6x
SalesSEK 3.84b
Market CapSEK 21.43b

Price to Sales Ratio vs Peers

How does NYFS's PS Ratio compare to its peers?

The above table shows the PS ratio for NYFS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average4.6x
IWG International Workplace Group
0.6x6.1%UK£1.7b
SRE Sirius Real Estate
5.1x-4.4%UK£1.3b
GRI Grainger
6x-30.7%UK£1.7b
TPFG Property Franchise Group
6.7x42.4%UK£273.5m
NYFS Nyfosa
5.6x-0.2%SEK 21.4b

Price-To-Sales vs Peers: NYFS is expensive based on its Price-To-Sales Ratio (5.6x) compared to the peer average (4.6x).

Price to Sales Ratio vs Industry

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

10 CompaniesPrice / SalesEstimated GrowthMarket Cap
IWG International Workplace Group
0.6x6.1%US$2.12b
ETLN Etalon Group
0.3x10.5%US$210.89m
WJG Watkin Jones
0.1x1.6%US$67.22m
RAV Raven Property Group
0.1x-0.2%US$23.74m
No. of Companies10PS02.44.87.29.612+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: NYFS is expensive based on its Price-To-Sales Ratio (5.6x) compared to the UK Real Estate industry average (3.9x).

Price to Sales Ratio vs Fair Ratio

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

NYFS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio5.6x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate NYFS's Price-To-Sales 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 NYFS forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 105.30
SEK 133.33
+26.6%
4.7%SEK 140.00SEK 125.00n/a3
Nov ’25n/a
SEK 126.67
0%
4.9%SEK 135.00SEK 120.00n/a3
Oct ’25n/a
SEK 123.33
0%
1.9%SEK 125.00SEK 120.00n/a3
Sep ’25n/a
SEK 123.33
0%
1.9%SEK 125.00SEK 120.00n/a3
Aug ’25n/a
SEK 121.67
0%
1.9%SEK 125.00SEK 120.00n/a3
Jul ’25n/a
SEK 110.67
0%
3.8%SEK 115.00SEK 105.00n/a3
Jun ’25n/a
SEK 105.00
0%
6.7%SEK 115.00SEK 100.00n/a3
May ’25n/a
SEK 103.33
0%
4.6%SEK 110.00SEK 100.00n/a3
Apr ’25n/a
SEK 97.00
0%
4.4%SEK 100.00SEK 91.00n/a3
Mar ’25SEK 87.80
SEK 97.00
+10.5%
4.4%SEK 100.00SEK 91.00n/a3
Feb ’25n/a
SEK 95.67
0%
6.4%SEK 100.00SEK 87.00n/a3
Jan ’25n/a
SEK 80.33
0%
9.2%SEK 87.00SEK 70.00n/a3
Dec ’24n/a
SEK 69.67
0%
17.0%SEK 84.00SEK 55.00n/a3
Nov ’24n/a
SEK 70.00
0%
21.4%SEK 85.00SEK 55.00n/a2
Oct ’24n/a
SEK 77.50
0%
9.7%SEK 85.00SEK 70.00n/a2
Sep ’24SEK 67.50
SEK 77.50
+14.8%
9.7%SEK 85.00SEK 70.00n/a2
Aug ’24n/a
SEK 77.50
0%
9.7%SEK 85.00SEK 70.00n/a2
Jul ’24SEK 58.15
SEK 79.00
+35.9%
7.6%SEK 85.00SEK 73.00n/a2
Jun ’24SEK 59.90
SEK 79.00
+31.9%
7.6%SEK 85.00SEK 73.00n/a2
May ’24SEK 69.40
SEK 86.50
+24.6%
15.6%SEK 100.00SEK 73.00n/a2
Apr ’24SEK 71.95
SEK 95.00
+32.0%
5.3%SEK 100.00SEK 90.00n/a2
Mar ’24SEK 85.35
SEK 95.00
+11.3%
5.3%SEK 100.00SEK 90.00SEK 87.802
Feb ’24SEK 90.55
SEK 81.50
-10.0%
22.7%SEK 100.00SEK 63.00n/a2
Jan ’24SEK 81.55
SEK 71.50
-12.3%
11.9%SEK 80.00SEK 63.00n/a2
Dec ’23SEK 76.30
SEK 71.50
-6.3%
11.9%SEK 80.00SEK 63.00n/a2
Nov ’23SEK 69.45
SEK 71.50
+3.0%
11.9%SEK 80.00SEK 63.00n/a2

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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