OM:TORSAB

Stock Analysis Report

Torslanda Property Investment

Executive Summary

Torslanda Property Investment AB (publ), a real estate company, owns, manages, and leases properties in Gothenburg, Sweden.

Snowflake

Fundamentals

Slightly overvalued with limited growth.

Risks

  • Torslanda Property Investment is not covered by any analysts.

Share Price & News

How has Torslanda Property Investment's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.4%

OM:TORSAB

-4.3%

SE Real Estate

2.0%

SE Market


1 Year Return

23.3%

OM:TORSAB

23.4%

SE Real Estate

1.6%

SE Market

TORSAB underperformed the Real Estate industry which returned 25.2% over the past year.

TORSAB outperformed the Market in Sweden which returned 2.8% over the past year.


Share holder returns

TORSABIndustryMarket
7 Day-2.4%-4.3%2.0%
30 Day-0.6%-1.9%6.4%
90 Day24.2%2.9%1.7%
1 Year30.7%23.3%29.1%23.4%5.9%1.6%
3 Year49.8%25.2%47.6%34.2%30.8%11.2%
5 Yearn/a174.6%134.3%53.0%20.6%

Price Volatility Vs. Market

How volatile is Torslanda Property Investment's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Torslanda Property Investment's share price is below the future cash flow value, and at a moderate discount (> 20%).

Torslanda Property Investment's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Torslanda Property Investment is overvalued based on earnings compared to the SE Real Estate industry average.

Torslanda Property Investment is overvalued based on earnings compared to the Sweden market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Torslanda Property Investment, we can't assess if its growth is good value.


Price Based on Value of Assets

Torslanda Property Investment is overvalued based on assets compared to the SE Real Estate industry average.


Next Steps

Future Growth

How is Torslanda Property Investment expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Torslanda Property Investment is high growth as no revenue estimate data is available.

Torslanda Property Investment's earnings are expected to grow by 10% yearly, however this is not considered high growth (20% yearly).

Unable to compare Torslanda Property Investment's revenue growth to the Sweden market average as no estimate data is available.

Torslanda Property Investment's earnings growth is expected to exceed the Sweden market average.

Torslanda Property Investment's earnings growth is expected to exceed the low risk savings rate of 0.4%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Torslanda Property Investment will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Torslanda Property Investment performed over the past 5 years?

21.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Torslanda Property Investment has delivered over 20% year on year earnings growth in the past 5 years.

Torslanda Property Investment's 1-year earnings growth is less than its 5-year average (6.2% vs 21.9%)

Torslanda Property Investment's earnings growth has not exceeded the SE Real Estate industry average in the past year (6.2% vs 6.3%).


Return on Equity

Torslanda Property Investment has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Torslanda Property Investment used its assets less efficiently than the SE Real Estate industry average last year based on Return on Assets.


Return on Capital Employed

Torslanda Property Investment has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Torslanda Property Investment's financial position?


Financial Position Analysis

Torslanda Property Investment is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Torslanda Property Investment's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Torslanda Property Investment's level of debt (133%) compared to net worth is high (greater than 40%).

Unable to establish if Torslanda Property Investment's debt level has increased without past 5-year debt data.

Debt is not well covered by operating cash flow (18.1%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 4.2x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.2x debt.


Next Steps

Dividend

What is Torslanda Property Investment's current dividend yield, its reliability and sustainability?

4.88%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Torslanda Property Investment before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Torslanda Property Investment's pays a higher dividend yield than the bottom 25% of dividend payers in Sweden (1.85%).

Torslanda Property Investment's dividend is above the markets top 25% of dividend payers in Sweden (4.81%).

Whilst dividend payments have been stable, Torslanda Property Investment has been paying a dividend for less than 10 years.

Torslanda Property Investment has only been paying a dividend for 4 years, and since then there has been no growth.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (1.1x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

4.7yrs

Average board tenure


CEO

Mattias Rickardsson (45yo)

1.7yrs

Tenure

0

Mr. Mattias Rickardsson has been Chief Executive Officer at Link Prop Investment AB (publ) since 2018. Mr. Rickardsson has been Chief Executive Officer of Torslanda Property Investment AB (Publ) since janu ...


Board Age and Tenure

4.7yrs

Average Tenure

The tenure for the Torslanda Property Investment board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Mattias Rickardsson (45yo)

    Chief Executive Officer

    • Tenure: 1.7yrs
  • Mattias Wilson (60yo)

    Manager of Financial

    • Tenure: 0yrs

Board Members

  • David Bergendahl (57yo)

    Director

    • Tenure: 4.7yrs
    • Compensation: kr25.00k
  • Pontus Kågerman (71yo)

    Chairman of the Board

    • Tenure: 4.7yrs
    • Compensation: kr50.00k
  • Stefan Davidson

    Director

    • Tenure: 4.7yrs
    • Compensation: kr25.00k

Company Information

Torslanda Property Investment AB (publ)'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Torslanda Property Investment AB (publ)
  • Ticker: TORSAB
  • Exchange: OM
  • Founded: 2014
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: kr350.960m
  • Shares outstanding: 2.14m
  • Website: https://www.torslandapropertyinvestment.com

Location

  • Torslanda Property Investment AB (publ)
  • Stora Badhusgatan 18
  • Gothenburg
  • Västra Götaland County
  • 411 21
  • Sweden

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TORSABOM (OMX Nordic Exchange Stockholm)YesShare CapitalSESEKJan 2015

Biography

Torslanda Property Investment AB (publ), a real estate company, owns, manages, and leases properties in Gothenburg, Sweden. It engages in the leasing of office and parking spaces. The company was founded i ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/16 22:14
End of Day Share Price2019/09/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.