Genova Property Group (OM:GPG) - Stock Price, News & Analysis

GPG Stock Overview

Operates as a property company in Sweden.

GPG fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

Rewards

Trading at 86.5% below our estimate of its fair value

Earnings are forecast to grow 137.11% per year

Risk Analysis

Interest payments are not well covered by earnings

Genova Property Group AB (publ) Competitors

Brinova Fastigheter

OM:BRIN B

SEK 2.2b

Heimstaden

OM:HEIM PREF

SEK 2.4b

Byggmästare Anders J Ahlström Holding

OM:AJA B

SEK 1.9b

KlaraBo Sverige

OM:KLARA B

SEK 2.5b

Price History & Performance

Summary of all time highs, changes and price drops for Genova Property Group
Historical stock prices
Current Share Price	SEK 50.00
52 Week High	SEK 54.00
52 Week Low	SEK 30.50
Beta	1.04
11 Month Change	2.25%
3 Month Change	18.76%
1 Year Change	11.86%
33 Year Change	-56.06%
5 Year Change	n/a
Change since IPO	-34.21%

Genova Property Group (STO:GPG) Seems To Be Using A Lot Of Debt

Jun 14

Recent updates

Is Now An Opportune Moment To Examine Genova Property Group AB (publ) (STO:GPG)?

Aug 25

We're Not So Sure You Should Rely on Genova Property Group's (STO:GPG) Statutory Earnings

Jan 29

Shareholder Returns

	GPG	SE Real Estate	SE Market
7D	-2.3%	-0.4%	-4.3%
1Y	11.9%	22.3%	12.6%

Return vs Industry: GPG underperformed the Swedish Real Estate industry which returned 22.3% over the past year.

Return vs Market: GPG matched the Swedish Market which returned 12.6% over the past year.

Price Volatility

Is GPG's price volatile compared to industry and market?
GPG volatility
GPG Average Weekly Movement	3.8%
Real Estate Industry Average Movement	4.3%
Market Average Movement	5.8%
10% most volatile stocks in SE Market	12.2%
10% least volatile stocks in SE Market	3.4%

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

Volatility Over Time: GPG's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2006	53	Michael Moschewitz	www.genova.se

Genova Property Group AB (publ) operates as a property company in Sweden. It owns, manages, and develops properties, which includes commercial premises, community properties, and housing in Greater Stockholm and the Uppsala region. Genova Property Group AB (publ) was founded in 2006 and is headquartered in Stockholm, Sweden.

Genova Property Group AB (publ) Fundamentals Summary

How do Genova Property Group's earnings and revenue compare to its market cap?
GPG fundamental statistics
Market cap	SEK 2.28b
Earnings (TTM)	-SEK 436.30m
Revenue (TTM)	SEK 503.00m

4.5x

P/S Ratio

-5.2x

P/E Ratio

Is GPG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GPG income statement (TTM)
Revenue	SEK 503.00m
Cost of Revenue	SEK 136.50m
Gross Profit	SEK 366.50m
Other Expenses	SEK 802.80m
Earnings	-SEK 436.30m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 14, 2024

Earnings per share (EPS)	-9.57
Gross Margin	72.86%
Net Profit Margin	-86.74%
Debt/Equity Ratio	153.0%

How did GPG perform over the long term?

See historical performance and comparison

GPG Stock Overview

Rewards

Risk Analysis

Genova Property Group AB (publ) Competitors

OM:BRIN B

SEK 2.2b

OM:HEIM PREF

SEK 2.4b

OM:AJA B

SEK 1.9b

OM:KLARA B

SEK 2.5b

Price History & Performance

Recent News & Updates

Price target increased by 25% to kr50.00

Genova Property Group (STO:GPG) Seems To Be Using A Lot Of Debt

Insufficient new directors

First quarter 2024 earnings released: EPS: kr0.77 (vs kr2.30 loss in 1Q 2023)

Genova Property Group AB (publ) to Report Nine Months, 2024 Results on Oct 25, 2024

Genova Property Group AB (publ), Annual General Meeting, May 02, 2024

Recent updates

Price target increased by 25% to kr50.00

Genova Property Group (STO:GPG) Seems To Be Using A Lot Of Debt

Insufficient new directors

First quarter 2024 earnings released: EPS: kr0.77 (vs kr2.30 loss in 1Q 2023)

Genova Property Group AB (publ) to Report Nine Months, 2024 Results on Oct 25, 2024

Genova Property Group AB (publ), Annual General Meeting, May 02, 2024

Co-Owner & Director recently bought kr365k worth of stock

Full year 2023 earnings released: kr9.91 loss per share (vs kr3.95 profit in FY 2022)

Is Genova Property Group (STO:GPG) Using Too Much Debt?

Independent Director recently bought kr387k worth of stock

Chief Executive Officer recently bought kr148k worth of stock

Third quarter 2023 earnings released: kr1.18 loss per share (vs kr1.56 loss in 3Q 2022)

Genova Property Group AB (publ) Announces Nomination Committee for Annual General Meeting 2024

Genova Property Group AB (publ) to Report Q4, 2023 Results on Feb 21, 2024

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: kr2.58 loss per share (vs kr3.87 profit in 2Q 2022)

An unknown buyer signed an agreement to acquire two hotel properties in Spain from Genova Property Group AB (publ) (OM:GPG) for SEK 410 million.

First quarter 2023 earnings released: kr1.43 loss per share (vs kr3.20 profit in 1Q 2022)

Full year 2022 earnings released

Investor sentiment improved over the past week

Is Genova Property Group AB (publ) (STO:GPG) Potentially Undervalued?

Price target decreased to kr60.00

Third quarter 2022 earnings released

Investor sentiment deteriorated over the past week

Genova Property Group AB (publ) Announces CFO Changes

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Is Now An Opportune Moment To Examine Genova Property Group AB (publ) (STO:GPG)?

Second quarter 2022 earnings released: EPS: kr4.19 (vs kr4.51 in 2Q 2021)

Genova Property Group AB (publ) to Report Nine Months, 2022 Results on Oct 27, 2022

Genova Property Group AB (Publ) Announces Edvard Schéele Is Leaving His Position as CFO

Genova Property Group AB (publ) (OM:GPG) entered into an agreement to acquire two properties in Norrtälje for approximately SEK 150 million

Independent Director recently bought kr62k worth of stock

First quarter 2022 earnings: Revenues exceed analyst expectations

Price target decreased to kr130

Investor sentiment improved over the past week

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Third quarter 2021 earnings released

Second quarter 2021 earnings released: EPS kr3.74 (vs kr1.16 in 2Q 2020)

Investor sentiment improved over the past week

Consensus forecasts updated

Insider recently bought kr3.4m worth of stock

Independent Director has left the company

Independent Director has left the company

Consensus forecasts updated

Genova Property Group AB (publ) (OM:GPG) completed the acquisition of Portfolio of community service properties in Greater Stockholm.

Genova Property Group AB (publ) (OM:GPG) entered into an agreement to acquire Portfolio of community service properties in Greater Stockholm from Profi for SEK970 million.

New 90-day high: kr79.40

Earnings beat expectations

Full year 2020 earnings released: EPS kr11.89 (vs kr9.14 in FY 2019)

Genova Property Group AB (publ) to Report Nine Months, 2021 Results on Oct 29, 2021

Genova Property Group AB (publ) to Report Q1, 2021 Results on May 07, 2021

We're Not So Sure You Should Rely on Genova Property Group's (STO:GPG) Statutory Earnings

New 90-day high: kr78.00

Genova Property Group AB (publ) Announces Nomination Committee Appointments

New 90-day low: kr69.50

First half earnings released

Genova Property Group AB (publ) acquired an office property in Ekeby, Uppsala from Samhällsbyggnadsbolaget i Norden AB (publ) (OM:SBB B) for SEK 350 million.

Shareholder Returns