Swedish Logistic Property AB

OM:SLP B Stock Report

Market Cap: SEK 9.3b

Swedish Logistic Property Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • 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.

Below Fair Value: Insufficient data to calculate SLP B's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate SLP B's fair value for valuation analysis.

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 Ratio22x
EarningsSEK 424.00m
Market CapSEK 9.33b

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 Average57.2x
EMIL B Fastighetsbolaget Emilshus
48.7x29.7%SEK 5.6b
LOGI A Logistea
84.7x34.7%SEK 7.0b
NP3 NP3 Fastigheter
43.4x32.2%SEK 14.5b
EAST Eastnine
52x55.5%SEK 3.8b
SLP B Swedish Logistic Property
22x20.4%SEK 9.3b

Price-To-Earnings vs Peers: SLP B is good value based on its Price-To-Earnings Ratio (22x) compared to the peer average (57.2x).

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
AJA B Byggmästare Anders J Ahlström Holding
2.4xn/aUS$162.07m
TORSAB Torslanda Property Investment
1.8xn/aUS$95.65m
TITA B Titania Holding
2x-1.3%US$49.77m
HALMEN Halmslätten Fastighets
1.2xn/aUS$35.58m
SLP B 22.0xIndustry Avg. 43.8xNo. of Companies6PE020406080100+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SLP B is good value based on its Price-To-Earnings Ratio (22x) compared to the Swedish Real Estate industry average (43.8x).

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 Ratio22x
Fair PE Ratio28.4x

Price-To-Earnings vs Fair Ratio: SLP B is good value based on its Price-To-Earnings Ratio (22x) compared to the estimated Fair Price-To-Earnings Ratio (28.4x).

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 36.00
SEK 40.00
+11.1%
6.4%SEK 44.00SEK 37.00n/a4
Nov ’25SEK 37.60
SEK 41.50
+10.4%
10.8%SEK 49.00SEK 37.00n/a4
Oct ’25SEK 36.90
SEK 41.00
+11.1%
9.0%SEK 47.00SEK 37.00n/a4
Sep ’25SEK 38.10
SEK 40.67
+6.7%
2.3%SEK 42.00SEK 40.00n/a3
Aug ’25SEK 37.70
SEK 40.67
+7.9%
2.3%SEK 42.00SEK 40.00n/a3
Jul ’25SEK 34.20
SEK 37.67
+10.1%
6.6%SEK 41.00SEK 35.00n/a3
Jun ’25SEK 34.20
SEK 37.00
+8.2%
5.8%SEK 40.00SEK 35.00n/a3
May ’25SEK 33.30
SEK 37.00
+11.1%
5.8%SEK 40.00SEK 35.00n/a3
Apr ’25SEK 32.45
SEK 36.67
+13.0%
4.6%SEK 39.00SEK 35.00n/a3
Mar ’25SEK 29.80
SEK 36.67
+23.0%
4.6%SEK 39.00SEK 35.00n/a3
Feb ’25SEK 31.65
SEK 34.33
+8.5%
11.2%SEK 38.00SEK 29.00n/a3
Jan ’25SEK 32.55
SEK 32.00
-1.7%
7.7%SEK 35.00SEK 29.00n/a3
Dec ’24SEK 27.80
SEK 32.00
+15.1%
7.7%SEK 35.00SEK 29.00n/a3
Nov ’24SEK 25.85
SEK 32.00
+23.8%
7.7%SEK 35.00SEK 29.00SEK 37.603
Oct ’24SEK 26.20
SEK 33.00
+26.0%
3.0%SEK 34.00SEK 32.00SEK 36.902
Sep ’24SEK 29.05
SEK 33.00
+13.6%
3.0%SEK 34.00SEK 32.00SEK 38.102
Aug ’24SEK 28.40
SEK 33.00
+16.2%
3.0%SEK 34.00SEK 32.00SEK 37.702
Jul ’24SEK 26.45
SEK 32.50
+22.9%
1.5%SEK 33.00SEK 32.00SEK 34.202
Jun ’24SEK 25.00
SEK 32.50
+30.0%
1.5%SEK 33.00SEK 32.00SEK 34.202
May ’24SEK 27.25
SEK 32.50
+19.3%
1.5%SEK 33.00SEK 32.00SEK 33.302
Apr ’24SEK 24.70
SEK 32.50
+31.6%
1.5%SEK 33.00SEK 32.00SEK 32.452
Mar ’24SEK 27.75
SEK 32.50
+17.1%
1.5%SEK 33.00SEK 32.00SEK 29.802
Jan ’24SEK 24.40
SEK 28.00
+14.8%
10.7%SEK 31.00SEK 25.00SEK 32.552
Dec ’23SEK 23.65
SEK 28.00
+18.4%
10.7%SEK 31.00SEK 25.00SEK 27.802
Nov ’23SEK 24.35
SEK 28.00
+15.0%
10.7%SEK 31.00SEK 25.00SEK 25.852

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

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