NP3 Fastigheter AB (publ)

LSE:0R43 Stock Report

Market Cap: SEK 15.9b

NP3 Fastigheter Valuation

Is 0R43 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 0R43 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

SEK 297.45
Fair Value
13.4% undervalued intrinsic discount
3
Number of Analysts

Below Fair Value: 0R43 (SEK257.5) is trading below our estimate of fair value (SEK297.45)

Significantly Below Fair Value: 0R43 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0R43?

Key metric: As 0R43 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0R43. This is calculated by dividing 0R43's market cap by their current earnings.
What is 0R43's PE Ratio?
PE Ratio14.8x
EarningsSEK 1.08b
Market CapSEK 15.92b

Price to Earnings Ratio vs Peers

How does 0R43's PE Ratio compare to its peers?

The above table shows the PE ratio for 0R43 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average45.7x
SRE Sirius Real Estate
9.6x1.72%UK£1.5b
GRI Grainger
13.1x14.65%UK£1.4b
IWG International Workplace Group
137.7x70.48%UK£2.3b
TPFG Property Franchise Group
22.4x11.29%UK£355.7m
0R43 NP3 Fastigheter
14.8x6.75%SEK 15.9b

Price-To-Earnings vs Peers: 0R43 is good value based on its Price-To-Earnings Ratio (14.8x) compared to the peer average (45.7x).

Price to Earnings Ratio vs Industry

How does 0R43'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
0R43 14.8xIndustry Avg. 15.4xNo. of Companies3PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0R43 is good value based on its Price-To-Earnings Ratio (14.8x) compared to the European Real Estate industry average (15.4x).

Price to Earnings Ratio vs Fair Ratio

What is 0R43'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.

0R43 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.8x
Fair PE Ratio16.8x

Price-To-Earnings vs Fair Ratio: 0R43 is good value based on its Price-To-Earnings Ratio (14.8x) compared to the estimated Fair Price-To-Earnings Ratio (16.8x).

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 0R43 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 257.50
SEK 266.67
+3.56%
17.68%SEK 300.00SEK 200.00n/a3
Oct ’26SEK 249.00
SEK 268.33
+7.76%
18.02%SEK 305.00SEK 200.00n/a3
Sep ’26SEK 251.50
SEK 268.33
+6.69%
18.02%SEK 305.00SEK 200.00n/a3
Aug ’26SEK 259.00
SEK 268.33
+3.60%
18.02%SEK 305.00SEK 200.00n/a3
Jul ’26SEK 271.75
SEK 265.00
-2.48%
17.50%SEK 305.00SEK 200.00n/a3
Jun ’26SEK 259.00
SEK 292.50
+12.93%
4.27%SEK 305.00SEK 280.00n/a2
May ’26SEK 251.50
SEK 291.00
+15.71%
3.78%SEK 302.00SEK 280.00n/a2
Apr ’26SEK 242.25
SEK 301.00
+24.25%
0.33%SEK 302.00SEK 300.00n/a2
Mar ’26SEK 263.00
SEK 301.00
+14.45%
0.33%SEK 302.00SEK 300.00n/a2
Feb ’26SEK 262.50
SEK 295.00
+12.38%
1.69%SEK 300.00SEK 290.00n/a2
Jan ’26SEK 248.23
SEK 305.00
+22.87%
1.64%SEK 310.00SEK 300.00n/a2
Dec ’25SEK 260.68
SEK 305.00
+17.00%
1.64%SEK 310.00SEK 300.00n/a2
Nov ’25SEK 254.50
SEK 305.00
+19.84%
1.64%SEK 310.00SEK 300.00n/a2
Oct ’25SEK 273.50
SEK 284.50
+4.02%
8.96%SEK 310.00SEK 259.00SEK 249.002
Sep ’25SEK 269.00
SEK 284.50
+5.76%
8.96%SEK 310.00SEK 259.00SEK 251.502
Aug ’25SEK 256.50
SEK 284.50
+10.92%
8.96%SEK 310.00SEK 259.00SEK 259.002
Jul ’25SEK 256.50
SEK 251.50
-1.95%
5.37%SEK 265.00SEK 238.00SEK 271.752
Jun ’25SEK 249.00
SEK 244.00
-2.01%
2.46%SEK 250.00SEK 238.00SEK 259.002
May ’25SEK 232.00
SEK 225.50
-2.80%
10.86%SEK 250.00SEK 201.00SEK 251.502
SEK 265.64
Fair Value
3.1% undervalued intrinsic discount
3
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 Analysis2025/10/20 05:49
End of Day Share Price 2025/10/17 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

NP3 Fastigheter AB (publ) is covered by 5 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
Erik GranströmDNB Carnegie
Michael PrewJefferies LLC