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SBB

Samhällsbyggnadsbolaget i NordenOM:SBB B Stock Report

Market Cap

kr99.6b

7D

-3.6%

1Y

122.8%

Updated

27 Nov, 2021

Data

Company Financials +
SBB B fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health1/6
Dividends3/6

SBB B Stock Overview

Samhällsbyggnadsbolaget i Norden AB (publ) owns, develops, and manages residential and community properties in the Nordic region.

Samhällsbyggnadsbolaget i Norden Competitors

Fastighets AB Balder

OM:BALD B

kr128.5b

AB Sagax

OM:SAGA A

kr119.2b

Castellum

OM:CAST

kr68.0b

Wallenstam

OM:WALL B

kr53.8b

Price History & Performance

Summary of all time highs, changes and price drops for Samhällsbyggnadsbolaget i Norden
Historical stock prices
Current Share Pricekr65.28
52 Week Highkr69.38
52 Week Lowkr24.78
Beta0.66
1 Month Change12.44%
3 Month Change33.83%
1 Year Change122.80%
3 Year Change527.69%
5 Year Changen/a
Change since IPO1,025.52%

Recent News & Updates

Shareholder Returns

SBB BSE Real EstateSE Market
7D-3.6%-3.6%-5.2%
1Y122.8%34.4%27.2%

Return vs Industry: SBB B exceeded the Swedish Real Estate industry which returned 34.4% over the past year.

Return vs Market: SBB B exceeded the Swedish Market which returned 27.1% over the past year.

Price Volatility

Is SBB B's price volatile compared to industry and market?
SBB B volatility
SBB B Average Weekly Movement4.7%
Real Estate Industry Average Movement4.4%
Market Average Movement6.5%
10% most volatile stocks in SE Market11.9%
10% least volatile stocks in SE Market3.8%

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

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

About the Company

FoundedEmployeesCEOWebsite
2014300Ilija Batljanhttps://www.sbbnorden.se

Samhällsbyggnadsbolaget i Norden AB (publ) owns, develops, and manages residential and community properties in the Nordic region. It operates through three segments: Residential Properties, Community Service Properties, and Other Properties. The Residential Properties segment primarily consists of apartments and townhouses.

Samhällsbyggnadsbolaget i Norden Fundamentals Summary

How do Samhällsbyggnadsbolaget i Norden's earnings and revenue compare to its market cap?
SBB B fundamental statistics
Market Capkr99.61b
Earnings (TTM)kr15.31b
Revenue (TTM)kr6.18b

6.9x

P/E Ratio

17.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SBB B income statement (TTM)
Revenuekr6.18b
Cost of Revenuekr1.71b
Gross Profitkr4.46b
Expenses-kr10.84b
Earningskr15.31b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Feb 23, 2022

Earnings per share (EPS)9.40
Gross Margin72.26%
Net Profit Margin247.85%
Debt/Equity Ratio110.6%

How did SBB B perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

10%

Payout Ratio

Does SBB B pay a reliable dividends?

See SBB B dividend history and benchmarks
When do you need to buy SBB B by to receive an upcoming dividend?
Samhällsbyggnadsbolaget i Norden dividend dates
Ex Dividend DateDec 29 2021
Dividend Pay DateJan 05 2022
Days until Ex dividend31 days
Days until Dividend pay date38 days

Does SBB B pay a reliable dividends?

See SBB B dividend history and benchmarks

Valuation

Is Samhällsbyggnadsbolaget i Norden undervalued compared to its fair value and its price relative to the market?

6.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SBB B (SEK65.28) is trading above our estimate of fair value (SEK22.66)

Significantly Below Fair Value: SBB B is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SBB B is good value based on its PE Ratio (6.9x) compared to the Swedish Real Estate industry average (10.9x).

PE vs Market: SBB B is good value based on its PE Ratio (6.9x) compared to the Swedish market (23.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SBB B is overvalued based on its PB Ratio (1.6x) compared to the SE Real Estate industry average (1.5x).


Future Growth

How is Samhällsbyggnadsbolaget i Norden forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

-25.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SBB B's earnings are forecast to decline over the next 3 years (-25.4% per year).

Earnings vs Market: SBB B's earnings are forecast to decline over the next 3 years (-25.4% per year).

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

Revenue vs Market: SBB B's revenue (13.4% per year) is forecast to grow faster than the Swedish market (5.3% per year).

High Growth Revenue: SBB B's revenue (13.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SBB B's Return on Equity is forecast to be low in 3 years time (9.1%).


Past Performance

How has Samhällsbyggnadsbolaget i Norden performed over the past 5 years?

53.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SBB B has a large one-off gain of SEK15.0B impacting its September 30 2021 financial results.

Growing Profit Margin: SBB B's current net profit margins are higher than last year .


Past Earnings Growth Analysis

Earnings Trend: SBB B's earnings have grown significantly by 53.4% per year over the past 5 years.

Accelerating Growth: SBB B's earnings growth over the past year (126.4%) exceeds its 5-year average (53.4% per year).

Earnings vs Industry: SBB B earnings growth over the past year (126.4%) exceeded the Real Estate industry 95.8%.


Return on Equity

High ROE: Whilst SBB B's Return on Equity (24.73%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Samhällsbyggnadsbolaget i Norden's financial position?


Financial Position Analysis

Short Term Liabilities: SBB B's short term assets (SEK14.9B) do not cover its short term liabilities (SEK21.5B).

Long Term Liabilities: SBB B's short term assets (SEK14.9B) do not cover its long term liabilities (SEK76.4B).


Debt to Equity History and Analysis

Debt Level: SBB B's net debt to equity ratio (91.4%) is considered high.

Reducing Debt: Insufficient data to determine if SBB B's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SBB B's debt is not well covered by operating cash flow (8.4%).

Interest Coverage: SBB B's interest payments on its debt are well covered by EBIT (5.8x coverage).


Balance Sheet


Dividend

What is Samhällsbyggnadsbolaget i Norden current dividend yield, its reliability and sustainability?

1.53%

Current Dividend Yield


Upcoming Dividend Payment

TodayNov 28 2021Ex Dividend DateDec 29 2021Dividend Pay DateJan 05 20227 days from Ex DividendBuy in the next 31 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: SBB B's dividend (1.53%) is higher than the bottom 25% of dividend payers in the Swedish market (0.93%).

High Dividend: SBB B's dividend (1.53%) is low compared to the top 25% of dividend payers in the Swedish market (3.79%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, SBB B has been paying a dividend for less than 10 years.

Growing Dividend: SBB B's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10%), SBB B's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SBB B's dividends in 3 years are forecast to be covered by earnings (64.4% payout ratio).


Next Steps

Management

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

4.8yrs

Average management tenure


CEO

Ilija Batljan (54 yo)

4.83yrs

Tenure

kr5,571,000

Compensation

Mr. Ilija Batljan is a Founder of Samhällsbyggnadsbolaget i Norden AB (publ) and has been its Chief Executive Officer since 2017. Mr. Batljan is the Co-Owner of Ilija Batljan Invest AB. Mr. Batljan served...


CEO Compensation Analysis

Compensation vs Market: Ilija's total compensation ($USD611.72K) is below average for companies of similar size in the Swedish market ($USD2.29M).

Compensation vs Earnings: Ilija's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SBB B's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: SBB B's board of directors are considered experienced (4.6 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 11.9%.


Top Shareholders

Company Information

Samhällsbyggnadsbolaget i Norden AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Samhällsbyggnadsbolaget i Norden AB (publ)
  • Ticker: SBB B
  • Exchange: OM
  • Founded: 2014
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: kr99.609b
  • Shares outstanding: 1.63b
  • Website: https://www.sbbnorden.se

Number of Employees


Location

  • Samhällsbyggnadsbolaget i Norden AB (publ)
  • Strandvagen 1
  • Stockholm
  • Stockholm County
  • 114 51
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 19:05
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.