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Fortinova Fastigheter OM:FNOVA B Stock Report

Last Price

SEK 26.80

Market Cap

SEK 1.4b

7D

-5.6%

1Y

35.4%

Updated

06 Aug, 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.

FNOVA B fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
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 26.80
52 Week HighSEK 30.00
52 Week LowSEK 18.35
Beta0.97
11 Month Change-0.74%
3 Month Change-5.96%
1 Year Change35.35%
33 Year Change-50.28%
5 Year Changen/a
Change since IPO-42.32%

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-5.6%-3.9%-6.7%
1Y35.4%18.2%9.9%

Return vs Industry: FNOVA B exceeded the Swedish Real Estate industry which returned 22.3% over the past year.

Return vs Market: FNOVA B exceeded the Swedish Market which returned 12.6% over the past year.

Price Volatility

Is FNOVA B's price volatile compared to industry and market?
FNOVA B volatility
FNOVA B Average Weekly Movement5.1%
Real Estate Industry Average Movement4.5%
Market Average Movement5.9%
10% most volatile stocks in SE Market12.2%
10% least volatile stocks in SE Market3.5%

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

Volatility Over Time: FNOVA B's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201044Anders 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 1.38b
Earnings (TTM)-SEK 158.00m
Revenue (TTM)SEK 341.80m

4.0x

P/S Ratio

-8.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FNOVA B income statement (TTM)
RevenueSEK 341.80m
Cost of RevenueSEK 129.50m
Gross ProfitSEK 212.30m
Other ExpensesSEK 370.30m
Earnings-SEK 158.00m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-3.08
Gross Margin62.11%
Net Profit Margin-46.23%
Debt/Equity Ratio126.9%

How did FNOVA B perform over the long term?

See historical performance and comparison
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