company background image
FNOVA B logo

Fortinova Fastigheter OM:FNOVA B Stock Report

Last Price

SEK 29.00

Market Cap

SEK 1.5b

7D

-1.7%

1Y

19.8%

Updated

21 Nov, 2024

Data

Company Financials

Fortinova Fastigheter AB (Publ)

OM:FNOVA B Stock Report

Market Cap: SEK 1.5b

FNOVA B Stock Overview

Operates as a real estate company that acquires, develops, and manages residential properties in Sweden. More details

FNOVA B fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Fortinova Fastigheter AB (Publ) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Fortinova Fastigheter
Historical stock prices
Current Share PriceSEK 29.00
52 Week HighSEK 31.90
52 Week LowSEK 21.00
Beta0.93
11 Month Change0.69%
3 Month Change3.20%
1 Year Change19.83%
33 Year Change-53.45%
5 Year Changen/a
Change since IPO-37.58%

Recent News & Updates

Here's Why Fortinova Fastigheter (STO:FNOVA B) Has A Meaningful Debt Burden

May 09
Here's Why Fortinova Fastigheter (STO:FNOVA B) Has A Meaningful Debt Burden

Recent updates

Here's Why Fortinova Fastigheter (STO:FNOVA B) Has A Meaningful Debt Burden

May 09
Here's Why Fortinova Fastigheter (STO:FNOVA B) Has A Meaningful Debt Burden

Fortinova Fastigheter AB (Publ)'s (STO:FNOVA B) Business And Shares Still Trailing The Market

Nov 12
Fortinova Fastigheter AB (Publ)'s (STO:FNOVA B) Business And Shares Still Trailing The Market

Fortinova Fastigheter's (STO:FNOVA B) Promising Earnings May Rest On Soft Foundations

Apr 25
Fortinova Fastigheter's (STO:FNOVA B) Promising Earnings May Rest On Soft Foundations

Shareholder Returns

FNOVA BSE Real EstateSE Market
7D-1.7%-3.2%-2.1%
1Y19.8%10.5%10.8%

Return vs Industry: FNOVA B exceeded the Swedish Real Estate industry which returned 10.5% over the past year.

Return vs Market: FNOVA B exceeded the Swedish Market which returned 10.8% over the past year.

Price Volatility

Is FNOVA B's price volatile compared to industry and market?
FNOVA B volatility
FNOVA B Average Weekly Movement3.1%
Real Estate Industry Average Movement4.1%
Market Average Movement5.6%
10% most volatile stocks in SE Market11.2%
10% least volatile stocks in SE Market3.3%

Stable Share Price: FNOVA B has not had significant price volatility in the past 3 months compared to the Swedish market.

Volatility Over Time: FNOVA B's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201043Anders Johanssonwww.fortinova.se

Fortinova Fastigheter AB (Publ) operates as a real estate company that acquires, develops, and manages residential properties in Sweden. The company was incorporated in 2010 and is headquartered in Varberg, Sweden.

Fortinova Fastigheter AB (Publ) Fundamentals Summary

How do Fortinova Fastigheter's earnings and revenue compare to its market cap?
FNOVA B fundamental statistics
Market capSEK 1.51b
Earnings (TTM)-SEK 71.60m
Revenue (TTM)SEK 359.90m

4.1x

P/S Ratio

-20.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FNOVA B income statement (TTM)
RevenueSEK 359.90m
Cost of RevenueSEK 135.00m
Gross ProfitSEK 224.90m
Other ExpensesSEK 296.50m
Earnings-SEK 71.60m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.39
Gross Margin62.49%
Net Profit Margin-19.89%
Debt/Equity Ratio122.6%

How did FNOVA B perform over the long term?

See historical performance and comparison