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WIHL

Wihlborgs Fastigheter OM:WIHL Stock Report

Last Price

kr169.70

Market Cap

kr26.1b

7D

5.9%

1Y

-7.8%

Updated

20 May, 2022

Data

Company Financials +
WIHL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance3/6
Financial Health2/6
Dividends5/6

WIHL Stock Overview

Wihlborgs Fastigheter AB (publ), a property company, owns, develops, rents, and manages commercial properties in the Öresund region, Sweden.

Wihlborgs Fastigheter Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Wihlborgs Fastigheter
Historical stock prices
Current Share Pricekr169.70
52 Week Highkr229.80
52 Week Lowkr148.00
Beta0.71
1 Month Change-5.35%
3 Month Change-11.20%
1 Year Change-7.82%
3 Year Change22.79%
5 Year Change89.61%
Change since IPO682.48%

Recent News & Updates

Shareholder Returns

WIHLSE Real EstateSE Market
7D5.9%5.2%0.3%
1Y-7.8%-4.6%-12.7%

Return vs Industry: WIHL underperformed the Swedish Real Estate industry which returned -6.1% over the past year.

Return vs Market: WIHL exceeded the Swedish Market which returned -12.7% over the past year.

Price Volatility

Is WIHL's price volatile compared to industry and market?
WIHL volatility
WIHL Average Weekly Movement5.4%
Real Estate Industry Average Movement5.7%
Market Average Movement7.9%
10% most volatile stocks in SE Market12.9%
10% least volatile stocks in SE Market5.1%

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

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

About the Company

FoundedEmployeesCEOWebsite
1924255Ulrika Hallengrenhttps://www.wihlborgs.se

Wihlborgs Fastigheter AB (publ), a property company, owns, develops, rents, and manages commercial properties in the Öresund region, Sweden. The company’s property portfolio includes office/retail, logistics/production, and projects and land in Malmö, Helsingborg, Lund, and Copenhagen. As of December 31, 2021, its property portfolio consisted of 299 properties with a total lettable area of approximately 2,143,000 square meters.

Wihlborgs Fastigheter Fundamentals Summary

How do Wihlborgs Fastigheter's earnings and revenue compare to its market cap?
WIHL fundamental statistics
Market Capkr26.09b
Earnings (TTM)kr3.69b
Revenue (TTM)kr3.12b

7.1x

P/E Ratio

8.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WIHL income statement (TTM)
Revenuekr3.12b
Cost of Revenuekr874.00m
Gross Profitkr2.25b
Other Expenses-kr1.44b
Earningskr3.69b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 11, 2022

Earnings per share (EPS)23.98
Gross Margin72.02%
Net Profit Margin117.99%
Debt/Equity Ratio101.7%

How did WIHL perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

25%

Payout Ratio

Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


7.08x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: WIHL (SEK169.7) is trading above our estimate of fair value (SEK109.46)

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


Price To Earnings Ratio

PE vs Industry: WIHL is poor value based on its PE Ratio (7.1x) compared to the Swedish Real Estate industry average (5.7x).

PE vs Market: WIHL is good value based on its PE Ratio (7.1x) compared to the Swedish market (17.8x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: WIHL is overvalued based on its PB Ratio (1.1x) compared to the SE Real Estate industry average (1x).


Future Growth

How is Wihlborgs Fastigheter forecast to perform in the next 1 to 3 years based on estimates from 4 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


-13.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WIHL's earnings are forecast to decline over the next 3 years (-13.7% per year).

Earnings vs Market: WIHL's earnings are forecast to decline over the next 3 years (-13.7% per year).

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

Revenue vs Market: WIHL's revenue (6.6% per year) is forecast to grow faster than the Swedish market (5.8% per year).

High Growth Revenue: WIHL's revenue (6.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WIHL's Return on Equity is forecast to be low in 3 years time (8.3%).


Past Performance

How has Wihlborgs 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


2.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: WIHL has a large one-off gain of SEK2.3B impacting its March 31 2022 financial results.

Growing Profit Margin: WIHL's current net profit margins are higher than last year (77.7%).


Past Earnings Growth Analysis

Earnings Trend: WIHL's earnings have grown by 2.3% per year over the past 5 years.

Accelerating Growth: WIHL's earnings growth over the past year (56.5%) exceeds its 5-year average (2.3% per year).

Earnings vs Industry: WIHL earnings growth over the past year (56.5%) underperformed the Real Estate industry 105.6%.


Return on Equity

High ROE: WIHL's Return on Equity (16.2%) is considered low.


Financial Health

How is Wihlborgs 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: WIHL's short term assets (SEK1.0B) do not cover its short term liabilities (SEK2.5B).

Long Term Liabilities: WIHL's short term assets (SEK1.0B) do not cover its long term liabilities (SEK26.9B).


Debt to Equity History and Analysis

Debt Level: WIHL's net debt to equity ratio (100.3%) is considered high.

Reducing Debt: WIHL's debt to equity ratio has reduced from 159.1% to 101.7% over the past 5 years.

Debt Coverage: WIHL's debt is not well covered by operating cash flow (8%).

Interest Coverage: WIHL earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.54%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: WIHL's dividend (3.54%) is higher than the bottom 25% of dividend payers in the Swedish market (1.44%).

High Dividend: WIHL's dividend (3.54%) is low compared to the top 25% of dividend payers in the Swedish market (4.86%).


Stability and Growth of Payments

Stable Dividend: WIHL's dividends per share have been stable in the past 10 years.

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


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (25%), WIHL's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (49.7%), WIHL'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?

3.4yrs

Average management tenure


CEO

Ulrika Hallengren (51 yo)

4.08yrs

Tenure

kr5,286,000

Compensation

Ms. Ulrika Hallengren serves as Chief Executive Officer of Wihlborgs Fastigheter AB since April 25, 2018. She serves as Director at Øresundsbro Konsortiet since April 27, 2020. Ms. Hallengren is a Director...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Ulrika's total compensation is reasonable compared to companies of similar size in the Swedish market.

Compensation vs Earnings: Ulrika's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: WIHL's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: WIHL's board of directors are considered experienced (4.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: WIHL insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Wihlborgs Fastigheter AB (publ)'s employee growth, exchange listings and data sources


Key Information

  • Name: Wihlborgs Fastigheter AB (publ)
  • Ticker: WIHL
  • Exchange: OM
  • Founded: 1924
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Implied Market Cap: kr26.085b
  • Shares outstanding: 153.71m
  • Website: https://www.wihlborgs.se

Number of Employees


Location

  • Wihlborgs Fastigheter AB (publ)
  • Stora Varvsgatan 11A
  • Box 97
  • Malmö
  • Skåne County
  • 201 20
  • Sweden

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/20 00:00
End of Day Share Price2022/05/20 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.