Diös Fastigheter (OM:DIOS) - Share price, News & Analysis

DIOS fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	1/6
Past Performance	3/6
Financial Health	2/6
Dividends	4/6

DIOS Stock Overview

Diös Fastigheter AB (publ) develops, owns, and rents commercial and residential properties in Sweden.

Rewards

Trading at 46.3% below our estimate of its fair value

Revenue is forecast to grow 7.88% per year

Earnings have grown 13.8% per year over the past 5 years

Risk Analysis

Earnings are forecast to decline by an average of 20.1% per year for the next 3 years

Debt is not well covered by operating cash flow

Unstable dividend track record

Large one-off items impacting financial results

+ 1 more risk

Diös Fastigheter Competitors

AB Sagax

OM:SAGA A

kr92.2b

Fastighets AB Balder

OM:BALD B

kr82.4b

Castellum

OM:CAST

kr63.6b

Fabege

OM:FABG

kr41.0b

Price History & Performance

Summary of all time highs, changes and price drops for Diös Fastigheter
Historical stock prices
Current Share Price	kr88.80
52 Week High	kr121.80
52 Week Low	kr78.50
Beta	0.81
1 Month Change	-2.42%
3 Month Change	-8.31%
1 Year Change	1.49%
3 Year Change	30.01%
5 Year Change	81.97%
Change since IPO	210.49%

Recent News & Updates

May 06

Is Now An Opportune Moment To Examine Diös Fastigheter AB (publ) (STO:DIOS)?

While Diös Fastigheter AB (publ) ( STO:DIOS ) might not be the most widely known stock at the moment, it saw...

Shareholder Returns

	DIOS	SE Real Estate	SE Market
7D	2.5%	1.0%	3.0%
1Y	1.5%	-5.6%	-10.8%

Return vs Industry: DIOS exceeded the Swedish Real Estate industry which returned -5.6% over the past year.

Return vs Market: DIOS exceeded the Swedish Market which returned -10.8% over the past year.

Price Volatility

Is DIOS's price volatile compared to industry and market?
DIOS volatility
DIOS Average Weekly Movement	5.1%
Real Estate Industry Average Movement	5.4%
Market Average Movement	7.5%
10% most volatile stocks in SE Market	12.6%
10% least volatile stocks in SE Market	4.8%

Stable Share Price: DIOS is less volatile than 75% of Swedish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: DIOS's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1921	147	Knut Rost	https://www.dios.se

Diös Fastigheter AB (publ) develops, owns, and rents commercial and residential properties in Sweden. It holds a portfolio of 336 properties and a lettable area of 1,490,000 sq m with meeting places, shops, offices, and homes.

Diös Fastigheter Fundamentals Summary

How do Diös Fastigheter's earnings and revenue compare to its market cap?
DIOS fundamental statistics
Market Cap	kr12.56b
Earnings (TTM)	kr2.50b
Revenue (TTM)	kr2.02b

5.0x

P/E Ratio

6.2x

P/S Ratio

Is DIOS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
DIOS income statement (TTM)
Revenue	kr2.02b
Cost of Revenue	kr688.00m
Gross Profit	kr1.33b
Other Expenses	-kr1.17b
Earnings	kr2.50b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 07, 2022

Earnings per share (EPS)	17.66
Gross Margin	65.92%
Net Profit Margin	123.68%
Debt/Equity Ratio	120.1%

How did DIOS perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

19%

Payout Ratio

Does DIOS pay a reliable dividends?

See DIOS dividend history and benchmarks

When do you need to buy DIOS by to receive an upcoming dividend?
Diös Fastigheter dividend dates
Ex Dividend Date	Jul 06 2022
Dividend Pay Date	Jul 12 2022
Days until Ex dividend	38 days
Days until Dividend pay date	44 days

Does DIOS pay a reliable dividends?

See DIOS dividend history and benchmarks

Valuation

Is Diös Fastigheter undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

46.3%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: DIOS (SEK88.8) is trading below our estimate of fair value (SEK165.21)

Significantly Below Fair Value: DIOS is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: DIOS is good value based on its Price-To-Earnings Ratio (5x) compared to the Swedish Real Estate industry average (5.8x).

PE vs Market: DIOS is good value based on its Price-To-Earnings Ratio (5x) compared to the Swedish market (17.8x).

Price to Earnings Growth Ratio

PEG Ratio: DIOS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.

Price to Book Ratio

PB vs Industry: DIOS's Price-To-Book Ratio (1x) is in line with the SE Real Estate industry average.

Future Growth

How is Diös Fastigheter forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

-20.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: DIOS's earnings are forecast to decline over the next 3 years (-20.1% per year).

Earnings vs Market: DIOS's earnings are forecast to decline over the next 3 years (-20.1% per year).

High Growth Earnings: DIOS's earnings are forecast to decline over the next 3 years.

Revenue vs Market: DIOS's revenue (7.9% per year) is forecast to grow faster than the Swedish market (5.9% per year).

High Growth Revenue: DIOS's revenue (7.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: DIOS's Return on Equity is forecast to be low in 3 years time (9.4%).

Past Performance

How has Diös Fastigheter performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

13.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DIOS has a large one-off gain of SEK1.9B impacting its March 31 2022 financial results.

Growing Profit Margin: DIOS's current net profit margins are higher than last year (66.5%).

Past Earnings Growth Analysis

Earnings Trend: DIOS's earnings have grown by 13.8% per year over the past 5 years.

Accelerating Growth: DIOS's earnings growth over the past year (101.2%) exceeds its 5-year average (13.8% per year).

Earnings vs Industry: DIOS earnings growth over the past year (101.2%) underperformed the Real Estate industry 109.3%.

Return on Equity

High ROE: Whilst DIOS's Return on Equity (20.12%) is high, this metric is skewed due to their high level of debt.

Financial Health

How is Diös Fastigheter's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: DIOS's short term assets (SEK638.0M) do not cover its short term liabilities (SEK2.9B).

Long Term Liabilities: DIOS's short term assets (SEK638.0M) do not cover its long term liabilities (SEK15.2B).

Debt to Equity History and Analysis

Debt Level: DIOS's net debt to equity ratio (118.1%) is considered high.

Reducing Debt: DIOS's debt to equity ratio has reduced from 172.3% to 120.1% over the past 5 years.

Debt Coverage: DIOS's debt is not well covered by operating cash flow (7.7%).

Interest Coverage: DIOS's interest payments on its debt are well covered by EBIT (7.8x coverage).

Balance Sheet

Dividend

What is Diös Fastigheter current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

3.96%

Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: DIOS's dividend (3.96%) is higher than the bottom 25% of dividend payers in the Swedish market (1.43%).

High Dividend: DIOS's dividend (3.96%) is low compared to the top 25% of dividend payers in the Swedish market (4.83%).

Stability and Growth of Payments

Stable Dividend: DIOS's dividend payments have been volatile in the past 10 years.

Growing Dividend: DIOS's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (19.2%), DIOS's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (43.4%), DIOS's dividend payments are well covered by cash flows.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

8.2yrs

Average management tenure

CEO

Knut Rost (62 yo)

8.17yrs

Tenure

kr2,344,000

Compensation

Mr. Knut Rost serves as Chief Executive Officer at Diös Fastigheter AB (publ) since March 24, 2014. Previous experience: various positions within ICA Fastigheter in Västerås and at Castellum. Other posts:...

Leadership Team

Experienced Management: DIOS's management team is seasoned and experienced (8.2 years average tenure).

Board Members

Experienced Board: DIOS's board of directors are considered experienced (3.1 years average tenure).

Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.5%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/28 00:00
End of Day Share Price	2022/05/27 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31