Fabege AB (publ)

OM:FABG Stock Report

Market Cap: SEK 23.5b

Fabege Future Growth

Future criteria checks 4/6

Fabege's revenue is forecast to decline at 0.8% per annum while its annual earnings are expected to grow at 42.9% per year. EPS is expected to grow by 45.4% per annum. Return on equity is forecast to be 4.1% in 3 years.

Key information

42.9%

Earnings growth rate

45.38%

EPS growth rate

Real Estate earnings growth6.0%
Revenue growth rate-0.8%
Future return on equity4.07%
Analyst coverage

Good

Last updated20 Jul 2026

Recent future growth updates

Analysis Article Apr 27

Earnings Miss: Fabege AB (publ) Missed EPS By 62% And Analysts Are Revising Their Forecasts

Last week saw the newest first-quarter earnings release from Fabege AB (publ) ( STO:FABG ), an important milestone in...
Analysis Article Jul 10

Analysts Are Updating Their Fabege AB (publ) (STO:FABG) Estimates After Its Second-Quarter Results

Shareholders might have noticed that Fabege AB (publ) ( STO:FABG ) filed its quarterly result this time last week. The...
Analysis Article Apr 17

Fabege AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Shareholders of Fabege AB (publ) ( STO:FABG ) will be pleased this week, given that the stock price is up 12% to...

Recent updates

Analysis Article Jul 13

Fabege's (STO:FABG) Performance Is Even Better Than Its Earnings Suggest

Even though Fabege AB (publ)'s ( STO:FABG ) recent earnings release was robust, the market didn't seem to notice...
Narrative Update Jun 30

FABG: Lower Discount Rate And New Lease Will Shape Fair Outlook

The analyst price target for Fabege has been revised from SEK 62.0 to SEK 68.6. Analysts cite updated assumptions around discount rates, revenue growth, profit margins, and future P/E as the key drivers of this change. What’s in the News for Fabege Fabege has signed a seven year lease with measurement technology company Endress+Hauser AB for 1,395 sqm at Sliparen 2 in Solna Business Park, covering 1,030 sqm of office space and 365 sqm of workshop and warehouse facilities, with occupancy planned for spring 2027.
Narrative Update Jun 16

FABG: Stable Dividend Calendar And Lower P/E Will Support Share Price

Analysts have kept their SEK 84.56 price target for Fabege unchanged, citing small adjustments in the discount rate, revenue growth outlook, profit margin and future P/E assumptions that broadly offset one another. What’s in the News for Fabege Svenska Handelsbanken AB (publ) has been added as Lead Underwriter for Fabege AB (publ)'s SEK 1b fixed income offering, according to a key developments update.
Narrative Update Jun 02

FABG: Dividend Schedule And Lower Market Multiple Will Guide Future Returns

Analysts have trimmed their price target on Fabege to SEK 80 from SEK 85. They updated their view on fair value as they factor in lower assumed revenue growth, higher projected profit margins, and a reduced future P/E multiple.
Analysis Article Apr 27

Earnings Miss: Fabege AB (publ) Missed EPS By 62% And Analysts Are Revising Their Forecasts

Last week saw the newest first-quarter earnings release from Fabege AB (publ) ( STO:FABG ), an important milestone in...
Narrative Update Apr 27

FABG: Higher Discount Rate And Undervalued P E May Support Future Upside

Analysts have lowered their price target on Fabege to SEK 80 from SEK 85, reflecting updated assumptions around fair value, discount rate, growth, margins and future P/E expectations. Analyst Commentary Recent research points to a more cautious stance on Fabege, with the latest move being a reduction in the price target to SEK 80 from SEK 85, alongside an Underweight rating.
Narrative Update Apr 10

FABG: Quarterly Dividend Plan And Cautious Stance Will Shape Future Returns

Analysts have trimmed the price target on Fabege by SEK 5 to SEK 80. This reflects slightly adjusted fair value and discount rate assumptions in recent research updates.
Narrative Update Mar 27

FABG: Higher Quarterly Dividend And Discount Rate Reset Will Support Upside Potential

Analysts have trimmed their fair value estimate for Fabege to about SEK 86.61, broadly in line with a reduced Street price target from SEK 85 to SEK 80, as they factor in a slightly higher discount rate alongside updated assumptions for margins and future P/E multiples. Analyst Commentary Recent Street commentary centers on a lower fair value framework for Fabege, with the latest published target at SEK 80, down from SEK 85, and an Underweight stance maintained.
Narrative Update Mar 11

FABG: Higher Quarterly Dividend And Stable Assumptions Will Support Balanced Outlook

Analysts are keeping their price target for Fabege unchanged at SEK87.50. A slightly higher discount rate and broadly steady assumptions on revenue growth, profit margins and future P/E help to justify holding the line on fair value.
Narrative Update Feb 25

FABG: Higher Quarterly Dividend And Stable Assumptions Will Support Balanced Outlook

Analysts have raised their price target for Fabege from SEK 86.61 to SEK 87.50. This change reflects slightly adjusted assumptions on fair value, discount rate and future P/E, while revenue growth and profit margin expectations remain essentially unchanged.
Narrative Update Feb 10

FABG: Updated Dividend And Assumption Shifts Will Support Balanced Outlook

Analysts have slightly adjusted their price target on Fabege to €86.61 from €86.82, reflecting updated assumptions for the discount rate, revenue growth, profit margin and future P/E that they see as better aligned with current conditions and the company's risk profile. What's in the News The board of Fabege AB (publ) has proposed a dividend of SEK 2.20 per share for the January to December 2025 period, compared with SEK 2.00 previously.
Narrative Update Jan 25

FABG: New CEO Appointment And Urban Projects Will Support Balanced Outlook

Analysts have nudged their fair value estimate for Fabege up from SEK84.88 to about SEK86.82, reflecting updated views on revenue growth assumptions, margins, and future P/E multiples. What's in the News The board of directors of Fabege AB (publ) has appointed Bent Oustad as the new CEO, signaling an upcoming leadership transition at the top of the company (Key Developments).
Narrative Update Jan 10

FABG: New Leadership And Urban Projects Will Shape Balanced Outlook Into 2026

Analysts have slightly reduced their price target on Fabege from SEK 86.25 to about SEK 84.88, reflecting updated assumptions around revenue growth, profit margins and the forward P/E multiple. What's in the News The board of directors of Fabege AB (publ) has appointed Bent Oustad as the new CEO, with his term starting on December 1, 2025 (Key Developments).
Narrative Update Dec 18

FABG: Leadership Shift And Urban Projects Will Shape Balanced Outlook Into 2026

Analysts have raised their price target on Fabege slightly, from SEK 85.98 to SEK 86.25, citing stable discount rate assumptions, largely unchanged revenue growth and profitability forecasts, and a modestly higher future P/E multiple. What's in the News The board has appointed Bent Oustad, currently CEO of Norwegian Property and Fabege board member, as new CEO effective December 1, 2025.
Narrative Update Dec 03

FABG: Leadership Change And Urban Projects Will Shape Outlook Into 2026

Narrative update on Fabege analyst price target Analysts have maintained their SEK 85.98 price target for Fabege, reflecting unchanged assumptions on discount rate, long term revenue growth, profit margin, and future P E multiples, as they continue to see the company fairly valued under current market conditions. What's in the News The board has appointed Bent Oustad, currently CEO of Norwegian Property ASA and a Fabege board member since 2024, as Fabege's new CEO effective December 1, 2025.
Narrative Update Nov 19

FABG: Leadership Transition And New Projects Will Shape Outlook Through 2026

Analysts have maintained their fair value estimate for Fabege at SEK 85.98. They cite stable underlying financial assumptions, despite slight adjustments to discount rate and profit margin forecasts.
Narrative Update Nov 04

FABG: Leasing and Property Sale Will Shape Balanced Outlook Amid Changing Discount Rates

Fabege's analyst price target has been raised by analysts from SEK 84.91 to SEK 85.98. This change reflects improved expectations for revenue growth and profit margins, even though the discount rate has increased.
Analysis Article Oct 28

We Like Fabege's (STO:FABG) Earnings For More Than Just Statutory Profit

Investors signalled that they were pleased with Fabege AB (publ)'s ( STO:FABG ) most recent earnings report. This...
Narrative Update Oct 21

Analysts Lift Fabege Price Target as New Deals and Valuation Tweaks Shape Outlook

Analysts have modestly raised their price target for Fabege, increasing it from SEK 84.13 to SEK 84.91. They cited slight adjustments to their discount rate, projected revenue growth, and profit margin outlooks as reasons for the change.
Analysis Article Sep 22

Is Fabege (STO:FABG) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
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New Narrative Jul 22

Sustainable Stockholm Offices Will Thrive With Urban Migration

Prime Stockholm assets, sustainable property focus, and readiness for demand recovery position Fabege for higher occupancy, rental income, and NAV growth.
Analysis Article Jul 10

Analysts Are Updating Their Fabege AB (publ) (STO:FABG) Estimates After Its Second-Quarter Results

Shareholders might have noticed that Fabege AB (publ) ( STO:FABG ) filed its quarterly result this time last week. The...
Analysis Article May 21

We Think Fabege (STO:FABG) Is Taking Some Risk With Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Apr 21

Why Fabege's (STO:FABG) Earnings Are Better Than They Seem

The market seemed underwhelmed by last week's earnings announcement from Fabege AB (publ) ( STO:FABG ) despite the...
Analysis Article Apr 17

Fabege AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Shareholders of Fabege AB (publ) ( STO:FABG ) will be pleased this week, given that the stock price is up 12% to...
Analysis Article Jan 06

Fabege (STO:FABG) Is Due To Pay A Dividend Of SEK0.45

The board of Fabege AB (publ) ( STO:FABG ) has announced that it will pay a dividend on the 13th of January, with...
Analysis Article Nov 02

Fabege (STO:FABG) Will Pay A Dividend Of SEK0.45

Fabege AB (publ) ( STO:FABG ) will pay a dividend of SEK0.45 on the 13th of January. Based on this payment, the...
Analysis Article Oct 19

Fabege (STO:FABG) Will Pay A Dividend Of SEK0.45

The board of Fabege AB (publ) ( STO:FABG ) has announced that it will pay a dividend on the 13th of January, with...
Analysis Article Oct 05

Fabege (STO:FABG) Is Due To Pay A Dividend Of SEK0.45

Fabege AB (publ) ( STO:FABG ) will pay a dividend of SEK0.45 on the 13th of January. This payment takes the dividend...
Analysis Article Aug 22

Fabege (STO:FABG) Will Pay A Dividend Of SEK0.45

The board of Fabege AB (publ) ( STO:FABG ) has announced that it will pay a dividend on the 9th of October, with...
Analysis Article Jul 23

Fabege (STO:FABG) Will Pay A Dividend Of SEK0.45

Fabege AB (publ)'s ( STO:FABG ) investors are due to receive a payment of SEK0.45 per share on 9th of October. This...
Analysis Article Jul 03

Fabege (STO:FABG) Is Due To Pay A Dividend Of SEK0.45

Fabege AB (publ) ( STO:FABG ) has announced that it will pay a dividend of SEK0.45 per share on the 9th of October...
Analysis Article Jun 19

Fabege (STO:FABG) Will Pay A Dividend Of SEK0.45

Fabege AB (publ) ( STO:FABG ) will pay a dividend of SEK0.45 on the 5th of July. This means that the annual payment is...
Analysis Article Apr 27

Fabege (STO:FABG) Has Announced A Dividend Of SEK0.45

Fabege AB (publ)'s ( STO:FABG ) investors are due to receive a payment of SEK0.45 per share on 5th of July. Based on...
Analysis Article Apr 12

Fabege (STO:FABG) Will Pay A Dividend Of SEK0.45

The board of Fabege AB (publ) ( STO:FABG ) has announced that it will pay a dividend of SEK0.45 per share on the 5th of...

Earnings and Revenue Growth Forecasts

OM:FABG - Analysts future estimates and past financials data (SEK Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20283,7932,067-5721,6357
12/31/20273,6731,861-5631,5767
12/31/20263,5941,363-3631,7107
6/30/20263,9664312,4152,431N/A
3/31/20263,832-722,0542,067N/A
12/31/20253,630-3481,7331,744N/A
9/30/20253,4902871,0501,050N/A
6/30/20253,5532021,3591,376N/A
3/31/20253,4243351,8401,857N/A
12/31/20243,580-2131,6181,635N/A
9/30/20243,647-2,6591,8341,834N/A
6/30/20243,833-3,6651,3801,380N/A
3/31/20243,955-4,6331,3051,305N/A
12/31/20233,964-5,5181,5701,570N/A
9/30/20233,987-6,2561,6841,684N/A
6/30/20233,771-4,5361,8161,816N/A
3/31/20233,535-1,9901,8421,842N/A
12/31/20223,2952,3761,9921,992N/A
9/30/20223,2057,3631,8411,841N/A
6/30/20223,0337,7311,9731,973N/A
3/31/20223,0137,3191,6941,694N/A
12/31/20212,9535,4001,5171,517N/A
9/30/20212,8164,1761,5681,385N/A
6/30/20212,7853,6541,5441,406N/A
3/31/20212,7592,4561,4781,377N/A
12/31/20202,7533,1671,3491,349N/A
9/30/20202,7824,6351,7731,594N/A
6/30/20202,7834,7751,9391,782N/A
3/31/20202,8116,432N/A1,952N/A
12/31/20192,8226,006N/A2,017N/A
9/30/20192,7524,938N/A1,642N/A
6/30/20192,6735,314N/A1,399N/A
3/31/20192,5716,308N/A1,473N/A
12/31/20182,4537,699N/A923N/A
9/30/20182,3697,695N/A1,006N/A
6/30/20182,3188,806N/A-681N/A
3/31/20182,2337,289N/A-1,178N/A
12/31/20172,1755,632N/A783N/A
9/30/20171,7376,963N/A921N/A
6/30/20171,7026,378N/A2,290N/A
3/31/20171,7096,324N/A2,373N/A
12/31/20161,6807,107N/A777N/A
9/30/20162,0415,524N/A666N/A
6/30/20161,9594,427N/A762N/A
3/31/20161,9214,192N/A1,796N/A
12/31/20151,9043,232N/A1,742N/A
9/30/20151,9202,964N/A695N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FABG's forecast earnings growth (42.9% per year) is above the savings rate (2%).

Earnings vs Market: FABG's earnings (42.9% per year) are forecast to grow faster than the Swedish market (6.9% per year).

High Growth Earnings: FABG's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FABG's revenue (-0.8% per year) is forecast to grow faster than the Swedish market (-1.5% per year).

High Growth Revenue: FABG's revenue is forecast to decline over the next 3 years (-0.8% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FABG's Return on Equity is forecast to be low in 3 years time (4.1%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/31 01:26
End of Day Share Price 2026/07/31 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

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

Fabege AB (publ) is covered by 16 analysts. 7 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
Paul MayBarclays
Erik GranströmCarnegie Investment Bank AB