Fastighets AB Balder (publ)

LSE:0H2Z Stock Report

Market Cap: SEK 82.8b

Fastighets AB Balder Valuation

Is 0H2Z undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 0H2Z when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

SEK 10.74
Fair Value
553.5% overvalued intrinsic discount
5
Number of Analysts

Below Fair Value: Insufficient data to calculate 0H2Z's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 0H2Z's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0H2Z?

Key metric: As 0H2Z is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0H2Z. This is calculated by dividing 0H2Z's market cap by their current earnings.
What is 0H2Z's PE Ratio?
PE Ratio8.9x
EarningsSEK 9.27b
Market CapSEK 82.85b

Price to Earnings Ratio vs Peers

How does 0H2Z's PE Ratio compare to its peers?

The above table shows the PE ratio for 0H2Z vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average44.6x
IWG International Workplace Group
135.2x70.48%UK£2.3b
SRE Sirius Real Estate
9.6x1.72%UK£1.5b
GRI Grainger
12.7x14.65%UK£1.4b
TPFG Property Franchise Group
20.8x11.29%UK£329.6m
0H2Z Fastighets AB Balder
8.9x-2.44%SEK 82.8b

Price-To-Earnings vs Peers: 0H2Z is good value based on its Price-To-Earnings Ratio (8.9x) compared to the peer average (44.6x).

Price to Earnings Ratio vs Industry

How does 0H2Z's PE Ratio compare vs other companies in the GB Real Estate Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
RAV Raven Property Group
0.3x-75.97%US$23.74m
CRC Circle Property
0.4xn/aUS$1.28m
No more companies available in this PE range
0H2Z 8.9xIndustry Avg. 14.9xNo. of Companies3PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0H2Z is good value based on its Price-To-Earnings Ratio (8.9x) compared to the European Real Estate industry average (14.9x).

Price to Earnings Ratio vs Fair Ratio

What is 0H2Z'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.

0H2Z PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.9x
Fair PE Ratio15.6x

Price-To-Earnings vs Fair Ratio: 0H2Z is good value based on its Price-To-Earnings Ratio (8.9x) compared to the estimated Fair Price-To-Earnings Ratio (15.6x).

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 0H2Z forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 70.17
SEK 81.80
+16.57%
9.36%SEK 90.00SEK 72.00n/a5
Oct ’26SEK 66.87
SEK 81.20
+21.43%
9.42%SEK 90.00SEK 72.00n/a5
Sep ’26SEK 67.35
SEK 83.50
+23.98%
8.19%SEK 90.00SEK 74.00n/a4
Aug ’26SEK 65.71
SEK 83.50
+27.08%
8.19%SEK 90.00SEK 74.00n/a4
Jul ’26SEK 71.26
SEK 83.25
+16.83%
8.64%SEK 90.00SEK 73.00n/a4
Jun ’26SEK 67.18
SEK 84.60
+25.93%
8.24%SEK 90.00SEK 73.00n/a5
May ’26SEK 69.20
SEK 88.00
+27.17%
4.55%SEK 90.00SEK 80.00n/a5
Feb ’26SEK 78.82
SEK 89.00
+12.92%
2.25%SEK 90.00SEK 85.00n/a5
Jan ’26SEK 76.40
SEK 91.25
+19.44%
2.37%SEK 95.00SEK 90.00n/a4
Dec ’25SEK 84.25
SEK 91.75
+8.91%
2.23%SEK 95.00SEK 90.00n/a4
Nov ’25SEK 85.30
SEK 90.50
+6.10%
0.96%SEK 92.00SEK 90.00SEK 70.174
Oct ’25SEK 91.00
SEK 87.00
-4.40%
3.54%SEK 90.00SEK 83.00SEK 66.874
Sep ’25SEK 80.96
SEK 87.00
+7.46%
3.54%SEK 90.00SEK 83.00SEK 67.354
Aug ’25SEK 78.82
SEK 87.00
+10.38%
3.54%SEK 90.00SEK 83.00SEK 65.714
Jul ’25SEK 73.38
SEK 76.75
+4.59%
6.27%SEK 83.00SEK 70.00SEK 71.264
Jun ’25SEK 70.66
SEK 76.00
+7.56%
5.18%SEK 80.00SEK 70.00SEK 67.184
May ’25SEK 70.92
SEK 75.60
+6.60%
6.93%SEK 82.00SEK 67.00SEK 69.205
Apr ’25SEK 77.99
SEK 75.60
-3.07%
6.93%SEK 82.00SEK 67.00SEK 63.865
Mar ’25SEK 67.34
SEK 75.60
+12.27%
6.93%SEK 82.00SEK 67.00SEK 76.085
Feb ’25SEK 69.39
SEK 70.60
+1.74%
12.46%SEK 82.00SEK 60.00SEK 78.825
Jan ’25SEK 71.67
SEK 57.40
-19.91%
9.58%SEK 64.00SEK 48.00SEK 76.405
Dec ’24SEK 62.52
SEK 57.40
-8.19%
9.58%SEK 64.00SEK 48.00SEK 84.255
Nov ’24SEK 47.34
SEK 55.60
+17.44%
7.93%SEK 60.00SEK 48.00SEK 85.305
SEK 82.45
Fair Value
14.9% undervalued intrinsic discount
5
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 Analysis2025/11/02 15:42
End of Day Share Price 2025/10/31 00:00
Earnings2025/09/30
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

Fastighets AB Balder (publ) is covered by 9 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
Johan BiehlABG Sundal Collier Sponsored
Erik GranströmCarnegie Investment Bank AB