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Fortinova Fastigheter OM:FNOVA B Stock Report

Last Price

SEK 27.70

Market Cap

SEK 1.4b

7D

-0.4%

1Y

3.4%

Updated

22 Dec, 2024

Data

Company Financials

Fortinova Fastigheter AB (Publ)

OM:FNOVA B Stock Report

Market Cap: SEK 1.4b

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

My Notes

Capture your thoughts, links and company narrative

Fortinova Fastigheter AB (Publ) Competitors

Price History & Performance

Summary of share price highs, lows and changes for Fortinova Fastigheter
Historical stock prices
Current Share PriceSEK 27.70
52 Week HighSEK 31.90
52 Week LowSEK 21.00
Beta0.93
1 Month Change-4.48%
3 Month Change-4.15%
1 Year Change3.36%
3 Year Change-54.96%
5 Year Changen/a
Change since IPO-40.38%

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-0.4%-1.1%-2.7%
1Y3.4%-3.5%4.6%

Return vs Industry: FNOVA B exceeded the Swedish Real Estate industry which returned -3.5% over the past year.

Return vs Market: FNOVA B underperformed the Swedish Market which returned 4.6% over the past year.

Price Volatility

Is FNOVA B's price volatile compared to industry and market?
FNOVA B volatility
FNOVA B Average Weekly Movement2.9%
Real Estate Industry Average Movement4.0%
Market Average Movement5.6%
10% most volatile stocks in SE Market11.3%
10% least volatile stocks in SE Market3.2%

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 1.42b
Earnings (TTM)-SEK 71.60m
Revenue (TTM)SEK 359.90m

4.0x

P/S Ratio

-19.9x

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 05:19
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Fortinova Fastigheter AB (Publ) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution