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Fabege

OM:FABG
Snowflake Description

Established dividend payer and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FABG
OM
SEK45B
Market Cap
  1. Home
  2. SE
  3. Real Estate
Company description

Fabege AB (publ), a property company, focuses primarily on the development and management of commercial premises in Sweden. The last earnings update was 11 days ago. More info.


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FABG Share Price and Events
7 Day Returns
0.2%
OM:FABG
-0.6%
SE Real Estate
1.3%
SE Market
1 Year Returns
42.3%
OM:FABG
29.8%
SE Real Estate
3.5%
SE Market
FABG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Fabege (FABG) 0.2% 4.1% 4.1% 42.3% 107% 195.8%
SE Real Estate -0.6% 1.9% 6.8% 29.8% 40.9% 110.3%
SE Market 1.3% 4.9% 10.7% 3.5% 15.5% 26%
1 Year Return vs Industry and Market
  • FABG outperformed the Real Estate industry which returned 29.8% over the past year.
  • FABG outperformed the Market in Sweden which returned 3.5% over the past year.
Price Volatility
FABG
Industry
5yr Volatility vs Market

Value

 Is Fabege undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Fabege. This is due to cash flow or dividend data being unavailable. The share price is SEK136.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Fabege's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Fabege's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OM:FABG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in SEK SEK19.07
OM:FABG Share Price ** OM (2019-04-23) in SEK SEK136
Sweden Real Estate Industry PE Ratio Median Figure of 41 Publicly-Listed Real Estate Companies 7.63x
Sweden Market PE Ratio Median Figure of 322 Publicly-Listed Companies 16.98x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Fabege.

OM:FABG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OM:FABG Share Price ÷ EPS (both in SEK)

= 136 ÷ 19.07

7.13x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fabege is good value based on earnings compared to the SE Real Estate industry average.
  • Fabege is good value based on earnings compared to the Sweden market.
Price based on expected Growth
Does Fabege's expected growth come at a high price?
Raw Data
OM:FABG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.13x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts
-21.3%per year
Sweden Real Estate Industry PEG Ratio Median Figure of 22 Publicly-Listed Real Estate Companies -0.24x
Sweden Market PEG Ratio Median Figure of 233 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

OM:FABG PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.13x ÷ -21.3%

-0.33x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fabege earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Fabege's assets?
Raw Data
OM:FABG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in SEK SEK108.94
OM:FABG Share Price * OM (2019-04-23) in SEK SEK136
Sweden Real Estate Industry PB Ratio Median Figure of 43 Publicly-Listed Real Estate Companies 1.2x
Sweden Market PB Ratio Median Figure of 566 Publicly-Listed Companies 2.51x
OM:FABG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OM:FABG Share Price ÷ Book Value per Share (both in SEK)

= 136 ÷ 108.94

1.25x

* Primary Listing of Fabege.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fabege is overvalued based on assets compared to the SE Real Estate industry average.
X
Value checks
We assess Fabege's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Fabege has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Fabege expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-21.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Fabege expected to grow at an attractive rate?
  • Fabege's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.4%.
Growth vs Market Checks
  • Fabege's earnings are expected to decrease over the next 1-3 years, this is below the Sweden market average.
  • Fabege's revenue growth is expected to exceed the Sweden market average.
Annual Growth Rates Comparison
Raw Data
OM:FABG Future Growth Rates Data Sources
Data Point Source Value (per year)
OM:FABG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts -21.3%
OM:FABG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts 6.3%
Sweden Real Estate Industry Earnings Growth Rate Market Cap Weighted Average -27.7%
Sweden Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
Sweden Market Earnings Growth Rate Market Cap Weighted Average 8.4%
Sweden Market Revenue Growth Rate Market Cap Weighted Average 4.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OM:FABG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 weeks ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OM:FABG Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 3,431 1,616 1,380 2
2021-12-31 3,279 1,783 2,391 6
2020-12-31 3,095 1,677 2,701 7
2019-12-31 2,935 1,596 2,332 4
OM:FABG Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2019-03-31 2,571 1,473 6,308
2018-12-31 2,453 923 7,699
2018-09-30 2,369 1,006 7,695
2018-06-30 2,318 -681 8,806
2018-03-31 2,233 -1,178 7,289
2017-12-31 2,175 783 5,632
2017-09-30 1,737 921 6,963
2017-06-30 1,702 2,290 6,378
2017-03-31 1,709 2,373 6,324
2016-12-31 1,680 777 7,107
2016-09-30 2,041 666 5,524
2016-06-30 1,959 762 4,427

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Fabege's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Fabege's revenue is expected to grow by 6.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OM:FABG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 weeks ago) See Below
Future Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below

All data from Fabege Company Filings, last reported 3 weeks ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:FABG Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 3.88 3.88 3.88 1.00
2021-12-31 4.10 4.20 4.01 2.00
2020-12-31 6.95 12.14 3.96 4.00
2019-12-31 6.24 6.37 6.12 2.00
OM:FABG Past Financials Data
Date (Data in SEK Millions) EPS *
2019-03-31 19.07
2018-12-31 23.27
2018-09-30 23.26
2018-06-30 26.62
2018-03-31 22.03
2017-12-31 17.03
2017-09-30 21.05
2017-06-30 19.28
2017-03-31 19.12
2016-12-31 21.48
2016-09-30 16.70
2016-06-30 13.38

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Fabege is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Fabege's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Sweden market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Sweden market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Fabege has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Fabege performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Fabege's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Fabege has delivered over 20% year on year earnings growth in the past 5 years.
  • Fabege's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Fabege's 1-year earnings growth is negative, it can't be compared to the SE Real Estate industry average.
Earnings and Revenue History
Fabege's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Fabege Company Filings, last reported 3 weeks ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OM:FABG Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 2,571.00 6,308.00 83.00
2018-12-31 2,453.00 7,699.00 80.00
2018-09-30 2,369.00 7,695.00 81.00
2018-06-30 2,318.00 8,806.00 77.00
2018-03-31 2,233.00 7,289.00 73.00
2017-12-31 2,175.00 5,632.00 74.00
2017-09-30 1,737.00 6,963.00 70.00
2017-06-30 1,702.00 6,378.00 70.00
2017-03-31 1,709.00 6,324.00 73.00
2016-12-31 1,680.00 7,107.00 70.00
2016-09-30 2,041.00 5,524.00 70.00
2016-06-30 1,959.00 4,427.00 69.00
2016-03-31 1,921.00 4,192.00 65.00
2015-12-31 1,904.00 3,232.00 65.00
2015-09-30 1,920.00 2,964.00 69.00
2015-06-30 1,993.00 2,710.00 69.00
2015-03-31 2,004.00 2,203.00 68.00
2014-12-31 2,015.00 1,738.00 67.00
2014-09-30 2,024.00 907.00 62.00
2014-06-30 2,017.00 1,062.00 62.00
2014-03-31 2,020.00 1,254.00 63.00
2013-12-31 2,029.00 1,530.00 62.00
2013-09-30 2,130.00 2,071.00 69.00
2013-06-30 2,098.00 1,769.00 68.00
2013-03-31 2,062.00 -133.00 65.00
2012-12-31 2,006.00 -88.00 64.00
2012-09-30 1,855.00 -295.00 57.00
2012-06-30 1,839.00 -341.00 59.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Fabege has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Fabege used its assets more efficiently than the SE Real Estate industry average last year based on Return on Assets.
  • Fabege's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Fabege's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Fabege has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Fabege's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Fabege's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Fabege's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Fabege's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Fabege's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Fabege Company Filings, last reported 3 weeks ago.

OM:FABG Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 36,102.00 27,831.00 66.00
2018-12-31 34,964.00 26,407.00 15.00
2018-09-30 33,532.00 25,474.00 61.00
2018-06-30 32,443.00 25,201.00 67.00
2018-03-31 30,551.00 25,445.00
2017-12-31 28,012.00 25,132.00 349.00
2017-09-30 26,597.00 24,768.00 161.00
2017-06-30 24,396.00 24,288.00 19.00
2017-03-31 23,277.00 23,018.00 24.00
2016-12-31 23,002.00 22,537.00 62.00
2016-09-30 20,246.00 21,607.00 36.00
2016-06-30 18,630.00 21,405.00 195.00
2016-03-31 18,144.00 20,046.00 33.00
2015-12-31 16,479.00 21,726.00 32.00
2015-09-30 15,299.00 21,322.00 37.00
2015-06-30 14,780.00 21,219.00 411.00
2015-03-31 13,951.00 20,710.00 62.00
2014-12-31 13,783.00 20,471.00 23.00
2014-09-30 12,883.00 20,960.00 198.00
2014-06-30 12,618.00 21,136.00 263.00
2014-03-31 12,295.00 20,661.00 148.00
2013-12-31 12,551.00 19,485.00 98.00
2013-09-30 12,459.00 19,172.00 29.00
2013-06-30 12,039.00 19,069.00 13.00
2013-03-31 11,524.00 18,688.00 124.00
2012-12-31 11,404.00 18,889.00 200.00
2012-09-30 10,695.00 19,093.00 101.00
2012-06-30 10,577.00 18,397.00 86.00
  • Fabege's level of debt (77.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (168% vs 77.1% today).
  • Debt is not well covered by operating cash flow (5.3%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4x coverage).
X
Financial health checks
We assess Fabege's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Fabege has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Fabege's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.95%
Current annual income from Fabege dividends. Estimated to be 2.27% next year.
If you bought SEK2,000 of Fabege shares you are expected to receive SEK39 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Fabege's pays a higher dividend yield than the bottom 25% of dividend payers in Sweden (1.86%).
  • Fabege's dividend is below the markets top 25% of dividend payers in Sweden (4.37%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OM:FABG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 7 Analyst Estimates (S&P Global) See Below
Sweden Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 2.4%
Sweden Market Average Dividend Yield Market Cap Weighted Average of 245 Stocks 3.5%
Sweden Minimum Threshold Dividend Yield 10th Percentile 1.2%
Sweden Bottom 25% Dividend Yield 25th Percentile 1.9%
Sweden Top 25% Dividend Yield 75th Percentile 4.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OM:FABG Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 3.50 1.00
2021-12-31 3.24 7.00
2020-12-31 3.11 8.00
2019-12-31 2.89 8.00
OM:FABG Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2019-02-27 2.650 2.024
2018-04-09 2.250 1.955
2017-03-29 2.000 2.394
2016-04-11 1.750 2.403
2015-02-18 1.625 2.558
2014-03-25 1.500 3.157
2013-03-22 1.500 4.051
2012-03-29 1.500 4.894
2011-03-30 1.500 5.142
2010-04-27 1.000 3.432
2010-01-15 1.000 4.307
2009-04-24 1.000 5.456

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Fabege's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (7.2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.4x coverage).
X
Income/ dividend checks
We assess Fabege's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Fabege afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Fabege has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Fabege's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Christian Hermelin
COMPENSATION SEK3,354,000
AGE 54
TENURE AS CEO 12.3 years
CEO Bio

Mr. Christian Hermelin has been the Chief Executive Officer of Fabege AB (formerly, Wihlborgs Fastigheter Ab) since March 27, 2007 and has been its President since 2007. Mr. Hermelin served as Director of Projects and Development at Fabege AB. He served as Project Manager at Fastighets AB Storheden. He served as a Director of Fabege AB from March 27, 2007 to 2016. He holds Bachelor's Degree in Business Administration.

CEO Compensation
  • Insufficient data for Christian to compare compensation growth.
  • Insufficient data for Christian to establish whether their remuneration is reasonable compared to companies of similar size in Sweden.
Management Team Tenure

Average tenure and age of the Fabege management team in years:

8.3
Average Tenure
54.5
Average Age
  • The average tenure for the Fabege management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Christian Hermelin

TITLE
President & CEO
COMPENSATION
SEK3M
AGE
54
TENURE
12.3 yrs

Åsa Bergström

TITLE
VP, CFO & Company Secretary
AGE
54
TENURE
11.3 yrs

Anders Borggren

TITLE
Chief Technical Operations
AGE
60
TENURE
5.3 yrs

Charlotta Rosell

TITLE
Head of Administration
AGE
55
TENURE
5.3 yrs

Peter Kangert

TITLE
IR Manager

Elisabet Olin

TITLE
Head of Communications

Klas Holmgren

TITLE
Head of Project & Processing
AGE
48

Johan Rudberg

TITLE
Business Development Executive
AGE
57

Ewa Wassberg

TITLE
IR Contact
Board of Directors Tenure

Average tenure and age of the Fabege board of directors in years:

5.1
Average Tenure
63.5
Average Age
  • The tenure for the Fabege board of directors is about average.
Board of Directors

Jan Litborn

TITLE
Chairman
COMPENSATION
SEK500K
AGE
67
TENURE
1 yrs

Mats Qviberg

TITLE
Deputy Chairman of the Board
COMPENSATION
SEK220K
AGE
65
TENURE
7.3 yrs

Märtha Josefsson

TITLE
Director
COMPENSATION
SEK290K
AGE
71
TENURE
14.3 yrs

Eva Eriksson

TITLE
Director
COMPENSATION
SEK260K
AGE
59
TENURE
8.1 yrs

Anette Asklin

TITLE
Director
COMPENSATION
SEK220K
AGE
57
TENURE
3 yrs

Per-Ingemar Persson

TITLE
Director
COMPENSATION
SEK220K
AGE
62
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Fabege insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SEK) Value (SEK)
04. Mar 19 Buy Klas Holmgren Individual 04. Mar 19 04. Mar 19 1,000 SEK123.38 SEK123,380
28. Feb 19 Buy Anders Borggren Individual 27. Feb 19 28. Feb 19 1,200 SEK123.92 SEK148,205
26. Feb 19 Buy Åsa Bergström Individual 25. Feb 19 25. Feb 19 4,430 SEK122.12 SEK540,992
13. Feb 19 Buy Christian Hermelin Individual 12. Feb 19 12. Feb 19 101,000 SEK125.18 SEK12,642,787
12. Feb 19 Buy Jan Litborn Individual 08. Feb 19 08. Feb 19 5,400 SEK127.47 SEK688,338
12. Feb 19 Sell Anna Engebretsen Individual 11. Feb 19 11. Feb 19 -20,000 SEK125.95 SEK-2,519,000
11. Feb 19 Sell Anna Engebretsen Individual 08. Feb 19 08. Feb 19 -30,000 SEK125.64 SEK-3,769,221
06. Jun 18 Buy Åsa Bergström Individual 05. Jun 18 05. Jun 18 5,000 SEK105.31 SEK526,550
03. May 18 Buy Christian Hermelin Individual 02. May 18 02. May 18 11,713 SEK99.56 SEK1,166,146
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Management checks
We assess Fabege's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Fabege has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

You Might Like Fabege AB (publ) (STO:FABG) But Do You Like Its Debt?

While small-cap stocks, such as Fabege AB (publ) (STO:FABG) with its market cap of kr43b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is. … We'll look at some basic checks that can form a snapshot the company’s financial strength.

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Did Fabege AB (publ) (STO:FABG) Create Value For Shareholders?

Our data shows Fabege has a return on equity of 27% for the last year. … That means that for every SEK1 worth of shareholders' equity, it generated SEK0.27 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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What To Know Before Buying Fabege AB (publ) (STO:FABG) For Its Dividend

Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. … Fabege AB (publ) (STO:FABG) has returned to shareholders over the past 10 years, an average dividend yield of 4.00% annually. … Let's take a look at Fabege in more detail.

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Did Fabege AB (publ) (STO:FABG) Create Value For Shareholders?

and looking to gauge the potential return on investment in Fabege AB (publ) (STO:FABG). … With an ROE of 23.86%, Fabege AB (publ) (STO:FABG) outpaced its own industry which delivered a less exciting 15.78% over the past year. … Sustainability can be gauged by a company’s financial leverage – the more debt it has, the higher ROE is pumped up in the short term, at the expense of long term interest payment burden

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Should You Be Holding Fabege AB (publ) (OM:FABG)?

Building up an investment case requires looking at a stock holistically. … Today I've chosen to put the spotlight on Fabege AB (publ) (OM:FABG) due to its excellent fundamentals in more than one area.

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How Does Fabege AB (publ) (STO:FABG)’s Prospect Stack Up To Its Real Estate Peers?

Real estate analysts are forecasting for the entire industry, negative growth in the upcoming year , and an overall negative growth rate in the next couple of years. … In this article, I’ll take you through the real estate sector growth expectations, as well as evaluate whether Fabege is lagging or leading its competitors in the industry. … As a future industry laggard in growth, Fabege may be a cheaper stock relative to its peers.

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What Investors Should Know About Fabege AB (publ)'s (STO:FABG) Financial Strength

Check out our latest analysis for Fabege Does FABG generate an acceptable amount of cash through operations? … Moreover, FABG has produced cash from operations of KR783.00M in the last twelve months, resulting in an operating cash to total debt ratio of 3.12%, indicating that FABG’s operating cash is not sufficient to cover its debt. … Furthermore, its cash flow coverage of less than a quarter of debt means that operating efficiency could also be an issue.

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What You Must Know About Fabege AB (publ)'s (STO:FABG) ROE

Check out our latest analysis for Fabege What you must know about ROE Return on Equity (ROE) is a measure of Fabege’s profit relative to its shareholders’ equity. … ROE can be dissected into three distinct ratios: net profit margin, asset turnover, and financial leverage. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity OM:FABG Last Perf Apr 23rd 18 Basically, profit margin measures how much of revenue trickles down into earnings which illustrates how efficient the business is with its cost management.

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Is It The Right Time To Buy Fabege AB (publ) (STO:FABG)?

Fabege AB (publ) (OM:FABG), a real estate company based in Sweden, saw a decent share price growth in the teens level on the OM over the last few months. … As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. … And if you believe Fabege should be trading in this range, then there isn’t much room for the share price grow beyond what it’s currently trading.

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Does Fabege AB (publ)'s (STO:FABG) PE Ratio Warrant A Buy?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for FABG Price per share = SEK181 Earnings per share = SEK34.051 ∴ Price-Earnings Ratio = SEK181 ÷ SEK34.051 = 5.3x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … For example, if you inadvertently compared lower risk firms with FABG, then investors would naturally value FABG at a lower price since it is a riskier investment. … Similarly, if you accidentally compared higher growth firms with FABG, investors would also value FABG at a lower price since it is a lower growth investment.

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Company Info

Description

Fabege AB (publ), a property company, focuses primarily on the development and management of commercial premises in Sweden. The company operates through Property Management, Property Development, and Transactions segments. Its property portfolio comprises office, retail, industrial/warehouse, residential, hotel, and garage properties. As of March 31, 2019, Fabege AB (publ) owned 89 properties with a total lettable area of 1.3 million square meters. The company was formerly known as Wihlborgs Fastigheter AB and changed its name to Fabege AB (publ) in December 2005. Fabege AB (publ) was founded in 1924 and is headquartered in Solna, Sweden.

Details
Name: Fabege AB (publ)
FABG
Exchange: OM
Founded: 1924
SEK44,986,507,584
330,783,144
Website: http://www.fabege.se
Address: Fabege AB (publ)
Box 730,
Solna,
Stockholm County, 169 27,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM FABG Series B Shares OMX Nordic Exchange Stockholm SE SEK 03. May 1993
DB WILC Series B Shares Deutsche Boerse AG DE EUR 03. May 1993
LSE 0XPX Series B Shares London Stock Exchange GB SEK 03. May 1993
OTCPK FBGB.Y ADR Pink Sheets LLC US USD 08. Dec 2008
Number of employees
Current staff
Staff numbers
184
Fabege employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 21:08
End of day share price update: 2019/04/23 00:00
Last estimates confirmation: 2019/04/16
Last earnings filing: 2019/04/12
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.