Hufvudstaden AB (publ)

LSE:0GW3 Stock Report

Market Cap: SEK 24.0b

Hufvudstaden Valuation

Is 0GW3 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 0GW3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
SEK 40.77
Fair Value
191.6% overvalued intrinsic discount
7
Number of Analysts

Below Fair Value: 0GW3 (SEK118.9) is trading above our estimate of fair value (SEK40.77)

Significantly Below Fair Value: 0GW3 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0GW3?

Key metric: As 0GW3 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0GW3. This is calculated by dividing 0GW3's market cap by their current earnings.
What is 0GW3's PE Ratio?
PE Ratio65.9x
EarningsSEK 364.60m
Market CapSEK 24.01b

Price to Earnings Ratio vs Peers

How does 0GW3's PE Ratio compare to its peers?

The above table shows the PE ratio for 0GW3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average69.7x
IWG International Workplace Group
123.4x45.4%UK£1.9b
GRI Grainger
51.8x36.8%UK£1.6b
SRE Sirius Real Estate
12.5x7.6%UK£1.4b
ASLI abrdn European Logistics Income
90.9xn/aUK£234.9m
0GW3 Hufvudstaden
65.9x32.7%SEK 24.0b

Price-To-Earnings vs Peers: 0GW3 is good value based on its Price-To-Earnings Ratio (65.9x) compared to the peer average (69.7x).

Price to Earnings Ratio vs Industry

How does 0GW3'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
0GW3 65.9xIndustry Avg. 18.4xNo. of Companies5PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0GW3 is expensive based on its Price-To-Earnings Ratio (65.9x) compared to the European Real Estate industry average (18.4x).

Price to Earnings Ratio vs Fair Ratio

What is 0GW3'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.

0GW3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio65.9x
Fair PE Ratio33.8x

Price-To-Earnings vs Fair Ratio: 0GW3 is expensive based on its Price-To-Earnings Ratio (65.9x) compared to the estimated Fair Price-To-Earnings Ratio (33.8x).

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 0GW3 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 118.10
SEK 128.71
+9.0%
8.7%SEK 139.00SEK 105.00n/a7
Apr ’26SEK 114.40
SEK 130.33
+13.9%
7.4%SEK 140.00SEK 110.00n/a6
Mar ’26SEK 121.80
SEK 129.50
+6.3%
7.6%SEK 140.00SEK 110.00n/a6
Feb ’26SEK 123.20
SEK 131.17
+6.5%
9.2%SEK 150.00SEK 110.00n/a6
Jan ’26SEK 121.08
SEK 132.83
+9.7%
8.9%SEK 150.00SEK 110.00n/a6
Dec ’25SEK 125.50
SEK 132.83
+5.8%
8.9%SEK 150.00SEK 110.00n/a6
Nov ’25SEK 125.40
SEK 132.83
+5.9%
9.1%SEK 150.00SEK 110.00n/a6
Oct ’25SEK 140.80
SEK 132.71
-5.7%
8.5%SEK 150.00SEK 110.00n/a7
Sep ’25SEK 137.70
SEK 132.71
-3.6%
8.5%SEK 150.00SEK 110.00n/a7
Aug ’25SEK 128.80
SEK 128.33
-0.4%
10.2%SEK 150.00SEK 110.00n/a6
Jul ’25SEK 126.80
SEK 128.33
+1.2%
10.2%SEK 150.00SEK 110.00n/a6
Jun ’25SEK 128.50
SEK 130.00
+1.2%
10.6%SEK 150.00SEK 110.00n/a6
May ’25SEK 128.70
SEK 130.83
+1.7%
10.0%SEK 150.00SEK 110.00SEK 117.416
Apr ’25SEK 130.00
SEK 130.83
+0.6%
10.0%SEK 150.00SEK 110.00SEK 114.406
Mar ’25SEK 124.61
SEK 132.50
+6.3%
8.1%SEK 150.00SEK 120.00SEK 121.806
Feb ’25SEK 133.02
SEK 132.50
-0.4%
7.5%SEK 150.00SEK 120.00SEK 123.206
Jan ’25SEK 142.61
SEK 129.17
-9.4%
8.5%SEK 150.00SEK 115.00SEK 121.086
Dec ’24SEK 131.19
SEK 128.17
-2.3%
9.3%SEK 150.00SEK 114.00SEK 125.506
Nov ’24SEK 118.57
SEK 128.17
+8.1%
10.6%SEK 155.00SEK 114.00SEK 125.406
Oct ’24SEK 119.80
SEK 128.17
+7.0%
10.6%SEK 155.00SEK 114.00SEK 140.806
Sep ’24SEK 126.11
SEK 130.83
+3.7%
13.9%SEK 165.00SEK 110.00SEK 137.706
Aug ’24SEK 127.37
SEK 134.17
+5.3%
13.0%SEK 165.00SEK 110.00SEK 128.806
Jul ’24SEK 128.42
SEK 136.67
+6.4%
16.2%SEK 180.00SEK 110.00SEK 126.806
Jun ’24SEK 128.40
SEK 136.67
+6.4%
16.2%SEK 180.00SEK 110.00SEK 128.506
May ’24SEK 143.84
SEK 140.17
-2.6%
15.8%SEK 180.00SEK 110.00SEK 128.706
AnalystConsensusTarget
Consensus Narrative from 7 Analysts
SEK 128.93
Fair Value
7.8% undervalued intrinsic discount
7
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 Analysis2025/05/02 00:07
End of Day Share Price 2025/05/02 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 20 analysts. 5 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.