Brinova Fastigheter AB (publ)

OM:BRIN B Stock Report

Market Cap: SEK 2.2b

Brinova Fastigheter Valuation

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

Below Fair Value: BRIN B (SEK22.9) is trading above our estimate of fair value (SEK13.18)

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


Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for BRIN B. This is calculated by dividing BRIN B's market cap by their current revenue.
What is BRIN B's PS Ratio?
PS Ratio4.1x
SalesSEK 542.90m
Market CapSEK 2.24b

Price to Sales Ratio vs Peers

How does BRIN B's PS Ratio compare to its peers?

The above table shows the PS ratio for BRIN B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3x
KLARA B KlaraBo Sverige
3.7x8.9%SEK 2.3b
NEOBO Neobo Fastigheter
3.4xn/aSEK 3.1b
ANNE B Annehem Fastigheter
4.7x8.5%SEK 1.5b
HEIM PREF Heimstaden
0.2xn/aSEK 3.3b
BRIN B Brinova Fastigheter
4.1xn/aSEK 2.2b

Price-To-Sales vs Peers: BRIN B is expensive based on its Price-To-Sales Ratio (4.1x) compared to the peer average (3x).


Price to Sales Ratio vs Industry

How does BRIN B's PS Ratio compare vs other companies in the SE Real Estate Industry?

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
HEIM PREF Heimstaden
0.2xn/aUS$299.90m
WBGR B Wästbygg Gruppen
0.2x0.2%US$86.96m
FASTAT Aktiebolaget Fastator
0.3xn/aUS$10.25m
SAMT B Samtrygg Group
0.07xn/aUS$3.00m
BRIN B 4.1xIndustry Avg. 5.5xNo. of Companies12PS03.26.49.612.816+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: BRIN B is good value based on its Price-To-Sales Ratio (4.1x) compared to the Swedish Real Estate industry average (5.5x).


Price to Sales Ratio vs Fair Ratio

What is BRIN B'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.

BRIN B PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.1x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate BRIN B'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?

Analyst Forecast: Insufficient data to show price forecast.


Discover undervalued companies