How does HEIM PREF's PE Ratio compare to its peers?

HEIM PREF is good value based on its Price-To-Earnings Ratio (8.4x) compared to the peer average (37.4x).

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

HEIM PREF is good value based on its Price-To-Earnings Ratio (8.4x) compared to the Swedish Real Estate industry average (29x).

What is HEIM PREF'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.

Insufficient data to calculate HEIM PREF's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of HEIM PREF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

HEIM PREF (SEK17.06) is trading below our estimate of [[fair value]] (SEK259.52)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Heimstaden (OM:HEIM PREF) - Stock Price, News & Analysis

HEIM PREF Stock Overview

Owns, develops, and manages residential properties in Sweden, Germany, Denmark, the Netherlands, the Czech Republic, Norway, Iceland, Finland, the United Kingdom, and Poland. More details

HEIM PREF fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	1/6
Financial Health	1/6
Dividends	0/6

Rewards

Trading at 93.4% below our estimate of its fair value

Became profitable this year

Risk Analysis

Earnings have declined by 46.5% per year over past 5 years

Interest payments are not well covered by earnings

Large one-off items impacting financial results

Heimstaden AB (publ) Competitors

Nivika Fastigheter

OM:NIVI B

SEK 3.8b

Eastnine

OM:EAST

SEK 4.2b

Fastighetsbolaget Emilshus

OM:EMIL B

SEK 5.8b

Logistri Fastighets

NGM:LOGIST

SEK 1.1b

Price History & Performance

Summary of share price highs, lows and changes for Heimstaden
Historical stock prices
Current Share Price	SEK 17.06
52 Week High	SEK 18.56
52 Week Low	SEK 7.70
Beta	1.1
1 Month Change	3.39%
3 Month Change	21.16%
1 Year Change	28.08%
3 Year Change	-47.83%
5 Year Change	-54.02%
Change since IPO	-43.79%

Recent updates

Shareholder Returns

	HEIM PREF	SE Real Estate	SE Market
7D	8.4%	-1.6%	-0.2%
1Y	28.1%	8.0%	13.0%

Return vs Industry: HEIM PREF exceeded the Swedish Real Estate industry which returned 9.3% over the past year.

Return vs Market: HEIM PREF exceeded the Swedish Market which returned 12.4% over the past year.

Price Volatility

Is HEIM PREF's price volatile compared to industry and market?
HEIM PREF volatility
HEIM PREF Average Weekly Movement	5.0%
Real Estate Industry Average Movement	4.0%
Market Average Movement	5.6%
10% most volatile stocks in SE Market	11.4%
10% least volatile stocks in SE Market	3.2%

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

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

About the Company

Founded	Employees	CEO	Website
2004	2,033	Christian Fladeland	www.heimstaden.com

Heimstaden AB (publ) owns, develops, and manages residential properties in Sweden, Germany, Denmark, the Netherlands, the Czech Republic, Norway, Iceland, Finland, the United Kingdom, and Poland. The company was incorporated in 2004 and is based in Malmö, Sweden. Heimstaden AB (publ) is a subsidiary of Fredensborg AS.

Heimstaden AB (publ) Fundamentals Summary

How do Heimstaden's earnings and revenue compare to its market cap?
HEIM PREF fundamental statistics
Market cap	SEK 3.25b
Earnings (TTM)	SEK 385.00m
Revenue (TTM)	SEK 18.00b

8.4x

P/E Ratio

0.2x

P/S Ratio

Is HEIM PREF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HEIM PREF income statement (TTM)
Revenue	SEK 18.00b
Cost of Revenue	SEK 6.50b
Gross Profit	SEK 11.50b
Other Expenses	SEK 11.12b
Earnings	SEK 385.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 28, 2025

Earnings per share (EPS)	2.02
Gross Margin	63.90%
Net Profit Margin	2.14%
Debt/Equity Ratio	144.3%

How did HEIM PREF perform over the long term?

See historical performance and comparison

HEIM PREF Stock Overview

Rewards

Risk Analysis

Heimstaden AB (publ) Competitors

OM:NIVI B

SEK 3.8b

OM:EAST

SEK 4.2b

OM:EMIL B

SEK 5.8b

NGM:LOGIST

SEK 1.1b

Price History & Performance

Recent News & Updates

Investor sentiment improves as stock rises 17%

Third quarter 2024 earnings released

Second quarter 2024 earnings released

Heimstaden AB (publ) to Report Q2, 2025 Results on Aug 22, 2025

First quarter 2024 earnings released

Heimstaden AB (publ) to Report Fiscal Year 2024 Final Results on Feb 28, 2025

Recent updates

Investor sentiment improves as stock rises 17%

Third quarter 2024 earnings released

Second quarter 2024 earnings released

Heimstaden AB (publ) to Report Q2, 2025 Results on Aug 22, 2025

First quarter 2024 earnings released

Heimstaden AB (publ) to Report Fiscal Year 2024 Final Results on Feb 28, 2025

Heimstaden AB (Publ) Appoints Bente Landsnes as Board Member

Upcoming dividend of kr0.50 per share

Heimstaden AB Appoints Christian Fladeland as Co-CEO

Full year 2023 earnings released

New minor risk - Share price stability

Heimstaden AB (publ) to Report Q2, 2024 Results on Aug 16, 2024

Third quarter dividend of kr0.50 announced

Heimstaden AB (publ) Proposes No Dividend for the Financial Year 2023

Heimstaden AB (Publ) Appoints Eva Møland Tørsleff as New Chief Legal Officer, Effective 1 March 2024

Upcoming dividend of kr0.50 per share at 15% yield

Heimstaden AB (publ) Announces Kristian Berentsen Decides to Resign as Chief Legal Officer, Effective 31 May 2024

Third quarter 2023 earnings released

Upcoming dividend of kr0.50 per share at 20% yield

Louise Schaldemose Joins Heimstaden as Director of Group Letting

Heimstaden AB (Publ) Appoints Christian Fladeland as Deputy CEO

Second quarter 2023 earnings released: kr23.92 loss per share (vs kr0.95 loss in 2Q 2022)

Upcoming dividend of kr0.50 per share at 13% yield

New minor risk - Share price stability

Rutger Kaeding Joins Heimstaden as Head of Corporate Finance

First quarter 2023 earnings released: kr55.00 loss per share (vs kr22.59 profit in 1Q 2022)

Upcoming dividend of kr0.50 per share at 10% yield

Heimstaden Makes Changes in Its Management Team

Upcoming dividend of kr0.50 per share

Heimstaden AB Announces Executive Changes

Third quarter 2022 earnings released: kr53.91 loss per share (vs kr14.73 profit in 3Q 2021)

Upcoming dividend of kr0.50 per share

Steen Lønberg Jørgensen Joins Heimstaden as Head of Capital Raising and Client Relations

Second quarter 2022 earnings released: kr3.11 loss per share (vs kr18.97 profit in 2Q 2021)

Heimstaden Appoints Frans Heijbel as Managing Director, Strategy & M&A

Heimstaden Bostad AB (publ) acquired Operational Organisation from Heimstaden AB (publ) (OM:HEIM PREF) for SEK 3 billion.

Upcoming dividend of kr0.50 per share

Heimstaden Has Appoints Amit Kumar as Head of UK Operations

First quarter 2022 earnings released: EPS: kr22.59 (vs kr14.00 in 1Q 2021)

Heimstaden Appoints Christian Birrell as Head of Investments for the UK

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Heimstaden Announces Management Changes

Heimstaden AB (Publ) Appoints Jordan Milewicz as Co-Chief Operating Officer

Heimstaden AB (publ) (OM:HEIM PREF) acquired Housing development project of 150 homes in Silkeborg.

Third quarter 2021 earnings released: EPS kr47.92 (vs kr7.77 in 3Q 2020)

Second quarter 2021 earnings released: EPS kr18.97 (vs kr6.08 in 2Q 2020)

First quarter 2021 earnings released

Upcoming dividend of kr5.00 per share

Full year 2020 earnings released: EPS kr285 (vs kr264 in FY 2019)

Heimstaden AB (publ), Annual General Meeting, Apr 08, 2021

Full year 2020 earnings released: EPS kr285 (vs kr264 in FY 2019)

New 90-day low: kr344

New 90-day low: kr345

Third quarter earnings released

New 90-day low: kr355

Upcoming Dividend of kr5.00 Per Share

Earnings released

Heimstaden AB (publ) (OM:HEIM PREF) acquired Portfolio of 300 old Building Apartments in Berlin for €54 million.

Shareholder Returns