BALD B Stock Overview
Fastighets AB Balder (publ) develops, owns, and manages residential and commercial properties, and hotels in Sweden, Denmark, Finland, Norway, Germany, and the United Kingdom.
Fastighets AB Balder Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr690.00|
|52 Week High||kr724.20|
|52 Week Low||kr391.40|
|1 Month Change||9.87%|
|3 Month Change||10.58%|
|1 Year Change||52.79%|
|3 Year Change||174.90%|
|5 Year Change||272.17%|
|Change since IPO||-60.19%|
Recent News & Updates
|BALD B||SE Real Estate||SE Market|
Return vs Industry: BALD B exceeded the Swedish Real Estate industry which returned 48.1% over the past year.
Return vs Market: BALD B exceeded the Swedish Market which returned 32.9% over the past year.
|BALD B volatility|
|BALD B Average Weekly Movement||4.4%|
|Real Estate Industry Average Movement||4.5%|
|Market Average Movement||6.4%|
|10% most volatile stocks in SE Market||12.0%|
|10% least volatile stocks in SE Market||3.8%|
Stable Share Price: BALD B is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BALD B's weekly volatility (4%) has been stable over the past year.
About the Company
Fastighets AB Balder (publ) develops, owns, and manages residential and commercial properties, and hotels in Sweden, Denmark, Finland, Norway, Germany, and the United Kingdom. The company’s property portfolio comprises commercial properties, such as commerce, industrial/warehouse, office, restaurant, and education/health properties, as well as shops and garages; and parking spaces. As of December 31, 2020, it owned 1,362 investment properties with a lettable area of 4,502,000 square meters.
Fastighets AB Balder Fundamentals Summary
|BALD B fundamental statistics|
Is BALD B overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BALD B income statement (TTM)|
|Cost of Revenue||kr2.87b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 11, 2022
|Earnings per share (EPS)||78.81|
|Net Profit Margin||151.37%|
How did BALD B perform over the long term?See historical performance and comparison
Is Fastighets AB Balder undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate BALD B's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate BALD B's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: BALD B is good value based on its PE Ratio (9x) compared to the Swedish Real Estate industry average (10.8x).
PE vs Market: BALD B is good value based on its PE Ratio (9x) compared to the Swedish market (23.8x).
Price to Earnings Growth Ratio
PEG Ratio: BALD B's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BALD B is overvalued based on its PB Ratio (1.9x) compared to the SE Real Estate industry average (1.4x).
How is Fastighets AB Balder forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BALD B's earnings are forecast to decline over the next 3 years (-34.1% per year).
Earnings vs Market: BALD B's earnings are forecast to decline over the next 3 years (-34.1% per year).
High Growth Earnings: BALD B's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BALD B's revenue (7.4% per year) is forecast to grow faster than the Swedish market (5.3% per year).
High Growth Revenue: BALD B's revenue (7.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BALD B's Return on Equity is forecast to be low in 3 years time (8.4%).
How has Fastighets AB Balder performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BALD B has a large one-off gain of SEK13.0B impacting its September 30 2021 financial results.
Growing Profit Margin: BALD B's current net profit margins are higher than last year (86.2%).
Past Earnings Growth Analysis
Earnings Trend: BALD B's earnings have grown by 10.1% per year over the past 5 years.
Accelerating Growth: BALD B's earnings growth over the past year (94.7%) exceeds its 5-year average (10.1% per year).
Earnings vs Industry: BALD B earnings growth over the past year (94.7%) underperformed the Real Estate industry 95.8%.
Return on Equity
High ROE: BALD B's Return on Equity (19.5%) is considered low.
How is Fastighets AB Balder's financial position?
Financial Position Analysis
Short Term Liabilities: BALD B's short term assets (SEK8.3B) do not cover its short term liabilities (SEK32.3B).
Long Term Liabilities: BALD B's short term assets (SEK8.3B) do not cover its long term liabilities (SEK103.8B).
Debt to Equity History and Analysis
Debt Level: BALD B's net debt to equity ratio (137.1%) is considered high.
Reducing Debt: BALD B's debt to equity ratio has reduced from 168.2% to 140.5% over the past 5 years.
Debt Coverage: BALD B's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: BALD B's interest payments on its debt are well covered by EBIT (5.1x coverage).
What is Fastighets AB Balder current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BALD B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BALD B's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BALD B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BALD B's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BALD B's dividend in 3 years as they are not forecast to pay a notable one for the Swedish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Erik Selin (54 yo)
Mr. Erik Selin, B.Sc. (Econ.) serves as Chairman of the Board at Brinova Fastigheter AB (publ) since 2018. Mr. Selin has been Chief Executive Officer of Fastighets AB Balder (publ) since 2005. He serves as...
Experienced Management: BALD B's management team is considered experienced (3.8 years average tenure).
Experienced Board: BALD B's board of directors are seasoned and experienced ( 15.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Fastighets AB Balder (publ)'s employee growth, exchange listings and data sources
- Name: Fastighets AB Balder (publ)
- Ticker: BALD B
- Exchange: OM
- Founded: 2005
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: kr131.781b
- Shares outstanding: 186.50m
- Website: https://www.balder.se
Number of Employees
- Fastighets AB Balder (publ)
- Parkgatan 49
- Box 53121
- Västra Götaland County
- 400 15
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/26 18:46|
|End of Day Share Price||2021/11/26 00:00|
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 here.