BRIN B Overview
Brinova Fastigheter AB (publ) operates as a real estate company in southern Sweden.
Brinova Fastigheter Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||kr49.00|
|52 Week High||kr24.20|
|52 Week Low||kr52.00|
|1 Month Change||8.89%|
|3 Month Change||17.51%|
|1 Year Change||78.18%|
|3 Year Change||196.97%|
|5 Year Change||172.22%|
|Change since IPO||103.32%|
Recent News & Updates
Is Brinova Fastigheter (STO:BRIN B) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Here's Why Brinova Fastigheter (STO:BRIN B) Has A Meaningful Debt Burden
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
|BRIN B||SE Real Estate||SE Market|
Return vs Industry: BRIN B exceeded the Swedish Real Estate industry which returned 36.2% over the past year.
Return vs Market: BRIN B exceeded the Swedish Market which returned 37.7% over the past year.
|BRIN B volatility|
|BRIN B Beta||0.72|
Stable Share Price: BRIN B is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: BRIN B's weekly volatility (6%) has been stable over the past year.
About the Company
Brinova Fastigheter AB (publ) operates as a real estate company in southern Sweden. It owns, develops, and manages rental housing and community properties. The company was incorporated in 2011 and is headquartered in Helsingborg, Sweden.
Brinova Fastigheter Fundamentals Summary
|BRIN B fundamental statistics|
Is BRIN B overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BRIN B income statement (TTM)|
|Cost of Revenue||kr133.20m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.83|
|Net Profit Margin||77.49%|
How did BRIN B perform over the long term?See historical performance and comparison
Is Brinova Fastigheter 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: BRIN B (SEK49) is trading above our estimate of fair value (SEK32.41)
Significantly Below Fair Value: BRIN B is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BRIN B is poor value based on its PE Ratio (17.3x) compared to the Swedish Real Estate industry average (11.2x).
PE vs Market: BRIN B is good value based on its PE Ratio (17.3x) compared to the Swedish market (23.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate BRIN B's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: BRIN B is overvalued based on its PB Ratio (2x) compared to the SE Real Estate industry average (1.3x).
How is Brinova Fastigheter forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Brinova Fastigheter has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Brinova Fastigheter performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BRIN B has a large one-off gain of SEK182.7M impacting its June 30 2021 financial results.
Growing Profit Margin: BRIN B's current net profit margins (77.5%) are higher than last year (54.7%).
Past Earnings Growth Analysis
Earnings Trend: BRIN B's earnings have grown by 18.2% per year over the past 5 years.
Accelerating Growth: BRIN B's earnings growth over the past year (69.8%) exceeds its 5-year average (18.2% per year).
Earnings vs Industry: BRIN B earnings growth over the past year (69.8%) underperformed the Real Estate industry 72.1%.
Return on Equity
High ROE: BRIN B's Return on Equity (11.6%) is considered low.
How is Brinova Fastigheter's financial position?
Financial Position Analysis
Short Term Liabilities: BRIN B's short term assets (SEK301.3M) do not cover its short term liabilities (SEK1.1B).
Long Term Liabilities: BRIN B's short term assets (SEK301.3M) do not cover its long term liabilities (SEK3.2B).
Debt to Equity History and Analysis
Debt Level: BRIN B's debt to equity ratio (164.2%) is considered high.
Reducing Debt: BRIN B's debt to equity ratio has increased from 119.7% to 164.2% over the past 5 years.
Debt Coverage: BRIN B's debt is not well covered by operating cash flow (4%).
Interest Coverage: BRIN B's interest payments on its debt are well covered by EBIT (6.7x coverage).
What is Brinova Fastigheter current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BRIN 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 BRIN 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 BRIN B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BRIN 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 BRIN 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
Per Johansson (61 yo)
Mr. Per Johansson serves as Chief Executive Officer at Brinova Fastigheter AB (publ) since 2016 Mr. Johansson was the Chief Executive Officer of Tribona AB (publ) from October 17, 2013 until March 31, 2016...
Experienced Management: BRIN B's management team is considered experienced (4.8 years average tenure).
Experienced Board: BRIN B's board of directors are considered experienced (3.8 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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.4%.
Brinova Fastigheter AB (publ)'s employee growth, exchange listings and data sources
- Name: Brinova Fastigheter AB (publ)
- Ticker: BRIN B
- Exchange: OM
- Founded: 2011
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: kr4.772b
- Shares outstanding: 97.40m
- Website: https://www.brinova.se
Number of Employees
- Brinova Fastigheter AB (publ)
- Landskronavägen 23
- Skåne County
- 252 32
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 21:18|
|End of Day Share Price||2021/10/26 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.