Fabege AB (publ)

OM:FABG Stock Report

Market Cap: SEK 25.7b

Fabege Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Discounted Cash Flow
Simply Wall St
SEK 3.56
Fair Value
2.2k% overvalued intrinsic discount
9
Number of Analysts

Below Fair Value: FABG (SEK81.85) is trading above our estimate of fair value (SEK3.56)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for FABG. This is calculated by dividing FABG's market cap by their current earnings.
What is FABG's PE Ratio?
PE Ratio76.9x
EarningsSEK 335.00m
Market CapSEK 25.75b

Price to Earnings Ratio vs Peers

How does FABG's PE Ratio compare to its peers?

The above table shows the PE ratio for FABG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36.8x
HUFV A Hufvudstaden
64.3x26.3%SEK 23.4b
CATE Catena
25.1x3.8%SEK 27.1b
WALL B Wallenstam
40x19.1%SEK 30.9b
WIHL Wihlborgs Fastigheter
17.8x9.0%SEK 30.5b
FABG Fabege
76.9x47.2%SEK 25.7b

Price-To-Earnings vs Peers: FABG is expensive based on its Price-To-Earnings Ratio (76.9x) compared to the peer average (36.8x).

Price to Earnings Ratio vs Industry

How does FABG's PE Ratio compare vs other companies in the SE Real Estate Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
HEIM PREF Heimstaden
0.9xn/aUS$258.46m
AJA B Byggmästare Anders J Ahlström Holding
2.8xn/aUS$175.46m
TORSAB Torslanda Property Investment
1.8xn/aUS$95.65m
TITA B Titania Holding
1.4x-9.3%US$50.24m
FABG 76.9xIndustry Avg. 21.9xNo. of Companies9PE01632486480+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FABG is expensive based on its Price-To-Earnings Ratio (76.9x) compared to the Swedish Real Estate industry average (21.9x).

Price to Earnings Ratio vs Fair Ratio

What is FABG'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.

FABG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio76.9x
Fair PE Ratio43x

Price-To-Earnings vs Fair Ratio: FABG is expensive based on its Price-To-Earnings Ratio (76.9x) compared to the estimated Fair Price-To-Earnings Ratio (43x).

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 FABG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 81.85
SEK 84.03
+2.7%
18.2%SEK 120.00SEK 60.30n/a9
Apr ’26SEK 82.10
SEK 86.18
+5.0%
17.7%SEK 120.00SEK 60.60n/a9
Mar ’26SEK 85.90
SEK 86.72
+1.0%
16.6%SEK 120.00SEK 65.50n/a9
Feb ’26SEK 83.20
SEK 87.07
+4.6%
16.6%SEK 120.00SEK 65.60n/a9
Jan ’26SEK 82.80
SEK 86.76
+4.8%
15.6%SEK 120.00SEK 65.60n/a10
Dec ’25SEK 84.90
SEK 87.72
+3.3%
14.1%SEK 120.00SEK 71.20n/a10
Nov ’25SEK 84.00
SEK 88.21
+5.0%
13.4%SEK 120.00SEK 76.10n/a10
Oct ’25SEK 102.00
SEK 89.81
-12.0%
16.3%SEK 120.00SEK 76.10n/a10
Sep ’25SEK 90.90
SEK 88.27
-2.9%
18.6%SEK 120.00SEK 72.40n/a9
Aug ’25SEK 90.85
SEK 88.27
-2.8%
18.6%SEK 120.00SEK 72.40n/a9
Jul ’25SEK 83.30
SEK 89.02
+6.9%
19.3%SEK 120.00SEK 69.20n/a9
Jun ’25SEK 89.35
SEK 89.47
+0.1%
19.9%SEK 120.00SEK 63.20n/a9
May ’25SEK 85.30
SEK 89.69
+5.1%
20.4%SEK 120.00SEK 63.20n/a9
Apr ’25SEK 100.10
SEK 93.71
-6.4%
20.2%SEK 120.00SEK 64.70SEK 82.108
Mar ’25SEK 87.24
SEK 94.93
+8.8%
19.3%SEK 120.00SEK 64.40SEK 85.908
Feb ’25SEK 95.62
SEK 97.19
+1.6%
21.7%SEK 130.00SEK 62.50SEK 83.208
Jan ’25SEK 108.20
SEK 87.65
-19.0%
21.1%SEK 120.00SEK 54.20SEK 82.808
Dec ’24SEK 95.84
SEK 87.58
-8.6%
21.2%SEK 120.00SEK 53.60SEK 84.908
Nov ’24SEK 83.52
SEK 89.45
+7.1%
20.7%SEK 120.00SEK 53.60SEK 84.008
Oct ’24SEK 87.32
SEK 92.74
+6.2%
20.8%SEK 120.00SEK 51.70SEK 102.009
Sep ’24SEK 92.54
SEK 92.74
+0.2%
20.8%SEK 120.00SEK 51.70SEK 90.909
Aug ’24SEK 90.26
SEK 93.00
+3.0%
20.1%SEK 120.00SEK 54.00SEK 90.859
Jul ’24SEK 77.56
SEK 90.91
+17.2%
20.4%SEK 120.00SEK 59.30SEK 83.308
Jun ’24SEK 77.76
SEK 91.36
+17.5%
18.5%SEK 120.00SEK 62.20SEK 89.359
May ’24SEK 82.10
SEK 93.99
+14.5%
22.8%SEK 120.00SEK 58.90SEK 85.308
Apr ’24SEK 79.62
SEK 98.10
+23.2%
20.3%SEK 120.00SEK 58.90SEK 100.109
AnalystConsensusTarget
Consensus Narrative from 9 Analysts
SEK 84.03
Fair Value
2.6% undervalued intrinsic discount
9
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 Analysis2025/04/28 03:53
End of Day Share Price 2025/04/25 00:00
Earnings2025/03/31
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

Fabege AB (publ) is covered by 23 analysts. 6 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.
Paul MayBarclays