FNOVA B Stock Overview
Operates as a real estate company that acquires, develops, and manages residential properties in Sweden.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 0/6 |
Fortinova Fastigheter AB (Publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 29.80 |
| 52 Week High | SEK 31.90 |
| 52 Week Low | SEK 21.00 |
| Beta | 0.96 |
| 11 Month Change | -2.30% |
| 3 Month Change | 6.43% |
| 1 Year Change | 26.27% |
| 33 Year Change | -49.58% |
| 5 Year Change | n/a |
| Change since IPO | -35.86% |
Recent News & Updates
Shareholder Returns
| FNOVA B | SE Real Estate | SE Market | |
|---|---|---|---|
| 7D | -0.7% | -3.8% | -1.2% |
| 1Y | 26.3% | 20.1% | 20.9% |
Return vs Industry: FNOVA B exceeded the Swedish Real Estate industry which returned 20.8% over the past year.
Return vs Market: FNOVA B exceeded the Swedish Market which returned 22% over the past year.
Price Volatility
| FNOVA B volatility | |
|---|---|
| FNOVA B Average Weekly Movement | 3.6% |
| Real Estate Industry Average Movement | 3.9% |
| Market Average Movement | 5.4% |
| 10% most volatile stocks in SE Market | 10.9% |
| 10% least volatile stocks in SE Market | 3.1% |
Stable Share Price: FNOVA B has not had significant price volatility in the past 3 months compared to the Swedish market.
Volatility Over Time: FNOVA B's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | 44 | Anders Johansson | www.fortinova.se |
Fortinova Fastigheter AB (Publ) operates as a real estate company that acquires, develops, and manages residential properties in Sweden. The company was incorporated in 2010 and is headquartered in Varberg, Sweden.
Fortinova Fastigheter AB (Publ) Fundamentals Summary
| FNOVA B fundamental statistics | |
|---|---|
| Market cap | SEK 1.53b |
| Earnings (TTM) | -SEK 121.10m |
| Revenue (TTM) | SEK 351.50m |
4.4x
P/S Ratio-12.6x
P/E RatioIs FNOVA B overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FNOVA B income statement (TTM) | |
|---|---|
| Revenue | SEK 351.50m |
| Cost of Revenue | SEK 129.90m |
| Gross Profit | SEK 221.60m |
| Other Expenses | SEK 342.70m |
| Earnings | -SEK 121.10m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -2.36 |
| Gross Margin | 63.04% |
| Net Profit Margin | -34.45% |
| Debt/Equity Ratio | 123.4% |
How did FNOVA B perform over the long term?
See historical performance and comparison