Swedish Logistic Property AB

OM:SLP B Stock Report

Market Cap: SEK 10.5b

Swedish Logistic Property Valuation

Is SLP B undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

SEK 17.46
Fair Value
131.4% overvalued intrinsic discount
4
Number of Analysts

Below Fair Value: SLP B (SEK40.4) is trading above our estimate of fair value (SEK17.46)

Significantly Below Fair Value: SLP B is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for SLP B?

Key metric: As SLP B is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SLP B. This is calculated by dividing SLP B's market cap by their current earnings.
What is SLP B's PE Ratio?
PE Ratio15.1x
EarningsSEK 695.00m
Market CapSEK 10.51b

Price to Earnings Ratio vs Peers

How does SLP B's PE Ratio compare to its peers?

The above table shows the PE ratio for SLP B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.1x
SVEAF Sveafastigheter
22.6x23.02%SEK 7.9b
EMIL B Fastighetsbolaget Emilshus
16x3.72%SEK 7.4b
PLAZ B Platzer Fastigheter Holding
12.7x13.02%SEK 8.6b
FPAR A FastPartner
21.2x34.77%SEK 9.5b
SLP B Swedish Logistic Property
15.1x9.09%SEK 10.5b

Price-To-Earnings vs Peers: SLP B is good value based on its Price-To-Earnings Ratio (15.1x) compared to the peer average (18.1x).


Price to Earnings Ratio vs Industry

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

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
HEIM PREF Heimstaden
0.6xn/aUS$432.71m
TORSAB Torslanda Property Investment
1.8xn/aUS$95.65m
TITA B Titania Holding
0.9x-34.32%US$56.60m
HALMEN Halmslätten Fastighets
1.2xn/aUS$35.58m
SLP B 15.1xIndustry Avg. 14.3xNo. of Companies6PE0816243240+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SLP B is expensive based on its Price-To-Earnings Ratio (15.1x) compared to the Swedish Real Estate industry average (14.8x).


Price to Earnings Ratio vs Fair Ratio

What is SLP B'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.

SLP B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.1x
Fair PE Ratio15.8x

Price-To-Earnings vs Fair Ratio: SLP B is good value based on its Price-To-Earnings Ratio (15.1x) compared to the estimated Fair Price-To-Earnings Ratio (15.8x).


Analyst Price Targets

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

The above table shows the analyst SLP B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 40.40
SEK 46.50
+15.10%
9.31%SEK 53.00SEK 41.00n/a4
Nov ’26SEK 41.85
SEK 46.50
+11.11%
9.31%SEK 53.00SEK 41.00n/a4
Oct ’26SEK 40.75
SEK 46.50
+14.11%
9.31%SEK 53.00SEK 41.00n/a4
Sep ’26SEK 39.95
SEK 46.50
+16.40%
9.31%SEK 53.00SEK 41.00n/a4
Aug ’26SEK 39.95
SEK 46.50
+16.40%
9.31%SEK 53.00SEK 41.00n/a4
Jul ’26SEK 42.45
SEK 44.50
+4.83%
13.34%SEK 53.00SEK 38.00n/a4
Jun ’26SEK 38.45
SEK 43.25
+12.48%
13.42%SEK 53.00SEK 38.00n/a4
May ’26SEK 39.50
SEK 43.25
+9.49%
13.42%SEK 53.00SEK 38.00n/a4
Apr ’26SEK 37.30
SEK 45.25
+21.31%
10.98%SEK 52.00SEK 38.00n/a4
Mar ’26SEK 39.70
SEK 45.25
+13.98%
10.98%SEK 52.00SEK 38.00n/a4
Feb ’26SEK 40.70
SEK 42.50
+4.42%
12.17%SEK 50.00SEK 36.00n/a4
Jan ’26SEK 39.00
SEK 42.50
+8.97%
10.59%SEK 49.00SEK 37.00n/a4
Dec ’25SEK 38.30
SEK 42.50
+10.97%
10.59%SEK 49.00SEK 37.00n/a4
Nov ’25SEK 37.60
SEK 41.50
+10.37%
10.84%SEK 49.00SEK 37.00SEK 41.854
Oct ’25SEK 36.90
SEK 41.00
+11.11%
8.96%SEK 47.00SEK 37.00SEK 40.754
Sep ’25SEK 38.10
SEK 40.67
+6.74%
2.32%SEK 42.00SEK 40.00SEK 39.953
Aug ’25SEK 37.70
SEK 40.67
+7.87%
2.32%SEK 42.00SEK 40.00SEK 39.953
Jul ’25SEK 34.20
SEK 37.67
+10.14%
6.62%SEK 41.00SEK 35.00SEK 42.453
Jun ’25SEK 34.20
SEK 37.00
+8.19%
5.84%SEK 40.00SEK 35.00SEK 38.453
May ’25SEK 33.30
SEK 37.00
+11.11%
5.84%SEK 40.00SEK 35.00SEK 39.503
Apr ’25SEK 32.45
SEK 36.67
+12.99%
4.64%SEK 39.00SEK 35.00SEK 37.303
Mar ’25SEK 29.80
SEK 36.67
+23.04%
4.64%SEK 39.00SEK 35.00SEK 39.703
Feb ’25SEK 31.65
SEK 34.33
+8.48%
11.24%SEK 38.00SEK 29.00SEK 40.703
Jan ’25SEK 32.55
SEK 32.00
-1.69%
7.65%SEK 35.00SEK 29.00SEK 39.003
Dec ’24SEK 27.80
SEK 32.00
+15.11%
7.65%SEK 35.00SEK 29.00SEK 38.303
Nov ’24SEK 25.85
SEK 32.00
+23.79%
7.65%SEK 35.00SEK 29.00SEK 37.603
SEK 46.5
Fair Value
13.1% undervalued intrinsic discount
4
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/14 12:01
End of Day Share Price 2025/11/14 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Swedish Logistic Property AB is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Stefan Erik AnderssonDanske Bank
Erik GranströmDNB Carnegie