Pandox AB (publ)

BATS-CHIXE:PNDXBs Stock Report

Market Cap: SEK 39.6b

Pandox Valuation

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

Discounted Cash Flow
Simply Wall St
SEK 59.30
Fair Value
241.5% overvalued intrinsic discount
4
Number of Analysts

Below Fair Value: PNDXBs (SEK202.5) is trading above our estimate of fair value (SEK59.3)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PNDXBs. This is calculated by dividing PNDXBs's market cap by their current earnings.
What is PNDXBs's PE Ratio?
PE Ratio23.4x
EarningsSEK 1.69b
Market CapSEK 39.60b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PNDXBs vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average42.8x
GRI Grainger
51.7x35.1%UK£1.6b
SRE Sirius Real Estate
10.8x18.0%UK£1.2b
TPFG Property Franchise Group
33.4x54.9%UK£259.3m
PNS Panther Securities
75.5xn/aUK£54.7m
PNDXBs Pandox
23.4x17.5%SEK 39.6b

Price-To-Earnings vs Peers: PNDXBs is good value based on its Price-To-Earnings Ratio (23.4x) compared to the peer average (42.8x).

Price to Earnings Ratio vs Industry

How does PNDXBs'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 Companies5PE01632486480+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PNDXBs is expensive based on its Price-To-Earnings Ratio (23.4x) compared to the European Real Estate industry average (18.7x).

Price to Earnings Ratio vs Fair Ratio

What is PNDXBs'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.

PNDXBs PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate PNDXBs'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 PNDXBs forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 202.50
SEK 221.25
+9.3%
2.5%SEK 230.00SEK 215.00n/a4
Jan ’26n/a
SEK 225.00
0%
3.1%SEK 230.00SEK 215.00n/a3
Dec ’25n/a
SEK 222.50
0%
3.4%SEK 230.00SEK 215.00n/a2
Nov ’25n/a
SEK 217.50
0%
1.1%SEK 220.00SEK 215.00n/a2
Oct ’25SEK 208.25
SEK 215.00
+3.2%
2.3%SEK 220.00SEK 210.00n/a2
Sep ’25n/a
SEK 212.50
0%
3.5%SEK 220.00SEK 205.00n/a2
Aug ’25n/a
SEK 212.50
0%
3.5%SEK 220.00SEK 205.00n/a2
Jul ’25n/a
SEK 187.50
0%
6.7%SEK 200.00SEK 175.00n/a2
Jun ’25n/a
SEK 172.50
0%
1.4%SEK 175.00SEK 170.00n/a2
May ’25n/a
SEK 172.50
0%
1.4%SEK 175.00SEK 170.00n/a2
Apr ’25n/a
SEK 172.50
0%
1.4%SEK 175.00SEK 170.00n/a2
Mar ’25n/a
SEK 172.50
0%
1.4%SEK 175.00SEK 170.00n/a2
Feb ’25n/a
SEK 162.50
0%
1.5%SEK 165.00SEK 160.00n/a2
Jan ’25n/a
SEK 135.00
0%
3.7%SEK 140.00SEK 130.00n/a2
Dec ’24n/a
SEK 135.00
0%
3.7%SEK 140.00SEK 130.00n/a2
Nov ’24n/a
SEK 133.33
0%
7.1%SEK 140.00SEK 120.00n/a3
Oct ’24SEK 117.30
SEK 136.67
+16.5%
9.1%SEK 150.00SEK 120.00SEK 208.253
Sep ’24n/a
SEK 136.67
0%
9.1%SEK 150.00SEK 120.00n/a3
Aug ’24n/a
SEK 136.67
0%
9.1%SEK 150.00SEK 120.00n/a3
Jul ’24SEK 125.90
SEK 136.67
+8.6%
9.1%SEK 150.00SEK 120.00n/a3
Jun ’24n/a
SEK 136.67
0%
9.1%SEK 150.00SEK 120.00n/a3
May ’24n/a
SEK 143.33
0%
11.9%SEK 160.00SEK 120.00n/a3
Apr ’24n/a
SEK 165.00
0%
3.0%SEK 170.00SEK 160.00n/a2
Mar ’24n/a
SEK 165.00
0%
3.0%SEK 170.00SEK 160.00n/a2
Feb ’24SEK 147.10
SEK 160.00
+8.8%
6.3%SEK 170.00SEK 150.00n/a2
Analyst Price Target
Consensus Narrative from 4 Analysts
SEK 220.16
Fair Value
8.0% undervalued intrinsic discount
4
Number of Analysts

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

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 06:37
End of Day Share Price 2025/02/05 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

Pandox AB (publ) is covered by 9 analysts. 3 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
null nullABG Sundal Collier Sponsored
Erik GranströmCarnegie Investment Bank AB