Stock Analysis
AB Sagax (STO:SAGA A) First Quarter 2024 Results
Key Financial Results
- Revenue: kr1.19b (up 19% from 1Q 2023).
- Net income: kr1.08b (up from kr267.0m loss in 1Q 2023).
- Profit margin: 91% (up from net loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
AB Sagax Earnings Insights
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Real Estate industry in Sweden.
Performance of the Swedish Real Estate industry.
The company's shares are up 3.6% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for AB Sagax (of which 1 doesn't sit too well with us!) you should know about.
Valuation is complex, but we're helping make it simple.
Find out whether AB Sagax is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About OM:SAGA A
AB Sagax
Operates as a property company in Sweden, Finland, France, Benelux, Spain, Germany, and other European countries.
Reasonable growth potential with acceptable track record.