Stendörren Fastigheter AB (publ)

OM:STEF B Stock Report

Market Cap: SEK 5.8b

Stendörren Fastigheter Valuation

Is STEF 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 STEF B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
SEK 159.69
Fair Value
17.1% overvalued intrinsic discount
2
Number of Analysts

Below Fair Value: STEF B (SEK187) is trading above our estimate of fair value (SEK159.69)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for STEF B. This is calculated by dividing STEF B's market cap by their current earnings.
What is STEF B's PE Ratio?
PE Ratio20.7x
EarningsSEK 281.00m
Market CapSEK 5.81b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for STEF B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25x
JOMA John Mattson Fastighetsföretagen
10.4x-45.3%SEK 4.4b
EMIL B Fastighetsbolaget Emilshus
20.3x5.6%SEK 5.5b
HEBA B Heba Fastighets
44.6xn/aSEK 4.4b
PLAZ B Platzer Fastigheter Holding
24.9x24.4%SEK 8.8b
STEF B Stendörren Fastigheter
20.7x13.6%SEK 5.8b

Price-To-Earnings vs Peers: STEF B is good value based on its Price-To-Earnings Ratio (20.7x) compared to the peer average (25x).

Price to Earnings Ratio vs Industry

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

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
HEIM PREF Heimstaden
0.9xn/aUS$246.43m
AJA B Byggmästare Anders J Ahlström Holding
3xn/aUS$181.21m
TORSAB Torslanda Property Investment
1.8xn/aUS$95.65m
TITA B Titania Holding
1.5x-9.3%US$50.38m
STEF B 20.7xIndustry Avg. 20.3xNo. of Companies8PE01632486480+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: STEF B is good value based on its Price-To-Earnings Ratio (20.7x) compared to the Swedish Real Estate industry average (20.7x).

Price to Earnings Ratio vs Fair Ratio

What is STEF 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.

STEF B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.7x
Fair PE Ratio20.9x

Price-To-Earnings vs Fair Ratio: STEF B is good value based on its Price-To-Earnings Ratio (20.7x) compared to the estimated Fair Price-To-Earnings Ratio (20.9x).

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 STEF B forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentSEK 187.00
SEK 247.50
+32.4%
9.1%SEK 270.00SEK 225.00n/a2
Mar ’26SEK 208.00
SEK 247.50
+19.0%
9.1%SEK 270.00SEK 225.00n/a2
Feb ’26SEK 217.50
SEK 253.00
+16.3%
6.7%SEK 270.00SEK 236.00n/a2
Jan ’26SEK 210.50
SEK 250.50
+19.0%
5.8%SEK 265.00SEK 236.00n/a2
Dec ’25SEK 208.00
SEK 250.50
+20.4%
5.8%SEK 265.00SEK 236.00n/a2
Jun ’24SEK 166.00
SEK 196.75
+18.5%
2.2%SEK 201.00SEK 192.50SEK 187.002
May ’24SEK 201.00
SEK 195.75
-2.6%
1.7%SEK 199.00SEK 192.50SEK 181.002
Apr ’24SEK 173.20
SEK 195.75
+13.0%
1.7%SEK 199.00SEK 192.50SEK 183.802
Mar ’24SEK 195.80
SEK 190.75
-2.6%
0.9%SEK 192.50SEK 189.00SEK 182.002
Analyst Price Target
Consensus Narrative from 2 Analysts
SEK 247.50
Fair Value
24.4% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/21 05:44
End of Day Share Price 2025/03/21 00:00
Earnings2024/12/31
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

Stendörren Fastigheter AB (publ) is covered by 3 analysts. 2 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 Sponsored
David FlemmichNordea Markets
Emil EkholmPareto Securities