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Hufvudstaden

OTCPK:HUFA.F
Snowflake Description

Established dividend payer and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
HUFA.F
OTCPK
SEK33B
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

Hufvudstaden AB (publ) engages in the ownership, development, and management of commercial properties in Stockholm and Gothenburg, Sweden. The last earnings update was 61 days ago. More info.


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HUFA.F Share Price and Events
7 Day Returns
0%
OTCPK:HUFA.F
3.1%
US Real Estate
2.2%
US Market
1 Year Returns
-
OTCPK:HUFA.F
-20.9%
US Real Estate
-8.4%
US Market
HUFA.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hufvudstaden (HUFA.F) 0% 0% - - - -
US Real Estate 3.1% -5.2% -8.4% -20.9% 8.5% -2.9%
US Market 2.2% -3.1% -10.3% -8.4% 31.7% 32.6%
1 Year Return vs Industry and Market
  • No trading data on HUFA.F.
  • No trading data on HUFA.F.
Price Volatility
HUFA.F
Industry
5yr Volatility vs Market

HUFA.F Value

 Is Hufvudstaden 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
Here we compare the current share price of Hufvudstaden to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Hufvudstaden.

OTCPK:HUFA.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 11.9%
Perpetual Growth Rate 10-Year US Government Bond Rate 3%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:HUFA.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 3%
Equity Risk Premium S&P Global 7.1%
Real Estate Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.072 (1 + (1- 22%) (22.82%))
1.263
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.26
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.95% + (1.263 * 7.05%)
11.85%

Discounted Cash Flow Calculation for OTCPK:HUFA.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Hufvudstaden is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:HUFA.F DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (SEK, Millions) 223.33 319.33 362.00 373.30 384.96
Source Analyst x3 Analyst x3 Analyst x1 Est @ 3.12% Est @ 3.12%
Present Value
Discounted (@ 11.85%)
199.67 255.24 258.68 238.49 219.88
Present value of next 5 years cash flows SEK1,171.96
OTCPK:HUFA.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= SEK384.96 × (1 + 2.95%) ÷ (11.85% – 2.95%)
SEK4,451.61
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= SEK4,451.61 ÷ (1 + 11.85%)5
SEK2,542.64
OTCPK:HUFA.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= SEK1,171.96 + SEK2,542.64
SEK3,714.60
Equity Value per Share
(SEK)
= Total value / Shares Outstanding
= SEK3,714.60 / 206.27
SEK1.85
OTCPK:HUFA.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:HUFA.F represents 0.103x of OM:HUFV A
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.103x
Value per Share
(Listing Adjusted, USD)
= Value per Share (SEK) x Listing Adjustment Factor
= SEK 18.01 x 0.103
$1.85
Value per share (USD) From above. $1.85
Current discount Discount to share price of $14.75
= -1 x ($14.75 - $1.85) / $1.85
-695.2%

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

  • The current share price of Hufvudstaden is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Hufvudstaden's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hufvudstaden's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:HUFA.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in SEK SEK19.59
OM:HUFV A Share Price ** OM (2018-10-12) in SEK SEK143.2
United States of America Real Estate Industry PE Ratio Median Figure of 29 Publicly-Listed Real Estate Companies 12.62x
United States of America Market PE Ratio Median Figure of 3,018 Publicly-Listed Companies 16.54x

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

** Primary Listing of Hufvudstaden.

OTCPK:HUFA.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

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

= 143.2 ÷ 19.59

7.31x

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

  • Hufvudstaden is good value based on earnings compared to the US Real Estate industry average.
  • Hufvudstaden is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Hufvudstaden's expected growth come at a high price?
Raw Data
OTCPK:HUFA.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
-44%per year
United States of America Real Estate Industry PEG Ratio Median Figure of 12 Publicly-Listed Real Estate Companies 0.35x
United States of America Market PEG Ratio Median Figure of 2,101 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

OTCPK:HUFA.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.31x ÷ -44%

-0.17x

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

  • Hufvudstaden 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 Hufvudstaden's assets?
Raw Data
OTCPK:HUFA.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in SEK SEK134.86
OM:HUFV A Share Price * OM (2018-10-12) in SEK SEK143.2
United States of America Real Estate Industry PB Ratio Median Figure of 55 Publicly-Listed Real Estate Companies 1.4x
United States of America Market PB Ratio Median Figure of 5,086 Publicly-Listed Companies 1.7x
OTCPK:HUFA.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 143.2 ÷ 134.86

1.06x

* Primary Listing of Hufvudstaden.

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

  • Hufvudstaden is good value based on assets compared to the US Real Estate industry average.
X
Value checks
We assess Hufvudstaden'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. Hufvudstaden has a total score of 3/6, 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.

HUFA.F Future Performance

 How is Hufvudstaden expected to perform in the next 1 to 3 years based on estimates from 6 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
-44%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hufvudstaden expected to grow at an attractive rate?
  • Hufvudstaden's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 3%.
Growth vs Market Checks
  • Hufvudstaden's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • Hufvudstaden's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:HUFA.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:HUFA.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts -44%
OTCPK:HUFA.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 5.8%
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 11.3%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 9.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*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
OTCPK:HUFA.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in SEK Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:HUFA.F Future Estimates Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 2,249 1,262 1,151 1
2020-12-31 2,121 1,180 1,030 3
2019-12-31 1,987 1,078 975 3
2018-12-31 1,882 1,029 3,666 3
OTCPK:HUFA.F Past Financials Data
Date (Data in SEK Millions) Revenue Cash Flow Net Income *
2018-09-30 1,876 913 4,041
2018-06-30 1,866 848 3,985
2018-03-31 1,855 849 3,255
2017-12-31 1,841 999 3,035
2017-09-30 1,829 918 3,697
2017-06-30 1,824 1,019 4,097
2017-03-31 1,811 1,025 3,854
2016-12-31 1,790 1,029 4,120
2016-09-30 1,773 1,113 4,163
2016-06-30 1,737 1,061 3,898
2016-03-31 1,707 1,017 3,762
2015-12-31 1,689 968 3,470

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Hufvudstaden's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Hufvudstaden's revenue is expected to grow by 5.8% 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
OTCPK:HUFA.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

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

OTCPK:HUFA.F Future Estimates Data
Date (Data in SEK Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 5.41 5.41 5.41 1.00
2020-12-31 4.99 5.16 4.88 4.00
2019-12-31 4.73 4.77 4.70 4.00
2018-12-31 17.77 20.50 16.32 4.00
OTCPK:HUFA.F Past Financials Data
Date (Data in SEK Millions) EPS *
2018-09-30 19.59
2018-06-30 19.32
2018-03-31 15.78
2017-12-31 14.71
2017-09-30 17.92
2017-06-30 19.86
2017-03-31 18.68
2016-12-31 19.98
2016-09-30 20.18
2016-06-30 18.90
2016-03-31 18.24
2015-12-31 16.82

*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.
  • Hufvudstaden is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Hufvudstaden'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Hufvudstaden has a total score of 0/6, 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.

HUFA.F Past Performance

  How has Hufvudstaden 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 Hufvudstaden'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.
  • Hufvudstaden's year on year earnings growth rate has been positive over the past 5 years.
  • Hufvudstaden's 1-year earnings growth is less than its 5-year average (9.3% vs 15.8%)
  • Hufvudstaden's earnings growth has not exceeded the US Real Estate industry average in the past year (9.3% vs 42.3%).
Earnings and Revenue History
Hufvudstaden'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 Hufvudstaden Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:HUFA.F Past Revenue, Cash Flow and Net Income Data
Date (Data in SEK Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 1,875.60 4,040.70 42.60
2018-06-30 1,866.20 3,985.20 42.10
2018-03-31 1,855.00 3,254.50 41.70
2017-12-31 1,840.50 3,035.00 41.30
2017-09-30 1,828.80 3,696.80 43.60
2017-06-30 1,824.20 4,096.60 43.50
2017-03-31 1,810.80 3,854.00 43.20
2016-12-31 1,789.90 4,120.20 42.90
2016-09-30 1,772.70 4,163.40 38.80
2016-06-30 1,737.40 3,897.80 38.80
2016-03-31 1,707.10 3,761.60 39.00
2015-12-31 1,689.00 3,470.10 38.80
2015-09-30 1,667.20 2,867.40 37.00
2015-06-30 1,661.30 2,432.90 36.70
2015-03-31 1,664.20 2,253.80 36.30
2014-12-31 1,665.30 2,001.30 36.20
2014-09-30 1,675.20 1,796.00 37.20
2014-06-30 1,671.80 1,821.40 36.70
2014-03-31 1,664.80 1,804.50 36.20
2013-12-31 1,640.40 1,876.10 35.70
2013-09-30 1,599.00 2,222.20 34.90
2013-06-30 1,573.60 2,129.60 34.60
2013-03-31 1,550.90 1,864.70 34.70
2012-12-31 1,541.70 1,939.40 34.10
2012-09-30 1,523.40 1,218.70 32.80
2012-06-30 1,492.30 1,172.70 32.60
2012-03-31 1,466.00 1,518.60 31.90

*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.
  • Hufvudstaden has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Hufvudstaden used its assets more efficiently than the US Real Estate industry average last year based on Return on Assets.
  • Hufvudstaden's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Hufvudstaden'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.
Hufvudstaden 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.

HUFA.F Health

 How is Hufvudstaden'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 Hufvudstaden's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hufvudstaden's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Hufvudstaden's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Hufvudstaden'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 0.2x 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 Hufvudstaden Company Filings, last reported 3 months ago.

OTCPK:HUFA.F Past Debt and Equity Data
Date (Data in SEK Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 27,817.20 7,600.00 1,222.60
2018-06-30 27,254.90 7,450.00 1,030.20
2018-03-31 25,371.40 7,100.00 591.10
2017-12-31 25,401.70 6,200.00 394.90
2017-09-30 24,498.40 6,450.00 524.70
2017-06-30 23,991.60 6,450.00 544.30
2017-03-31 22,838.80 6,700.00 657.00
2016-12-31 23,047.40 6,650.00 1,113.80
2016-09-30 21,482.40 6,150.00 572.20
2016-06-30 20,575.70 6,250.00 542.10
2016-03-31 19,665.60 6,350.00 474.40
2015-12-31 19,566.70 5,750.00 443.20
2015-09-30 17,958.40 5,750.00 348.10
2015-06-30 17,317.40 5,850.00 356.40
2015-03-31 16,543.40 5,750.00 742.80
2014-12-31 16,694.80 5,650.00 474.20
2014-09-30 15,689.20 5,850.00 584.00
2014-06-30 15,482.70 5,950.00 497.30
2014-03-31 14,887.80 6,050.00 474.10
2013-12-31 15,260.70 5,750.00 504.60
2013-09-30 14,460.40 5,850.00 443.80
2013-06-30 14,228.50 5,950.00 305.50
2013-03-31 13,650.50 5,950.00 667.90
2012-12-31 13,920.90 4,700.00 347.50
2012-09-30 12,774.50 4,550.00 352.50
2012-06-30 12,635.20 4,550.00 231.80
2012-03-31 12,322.10 4,651.00 206.80
  • Hufvudstaden's level of debt (27.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (40.4% vs 27.3% today).
  • Debt is not well covered by operating cash flow (12%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 10.2x coverage).
X
Financial health checks
We assess Hufvudstaden'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. Hufvudstaden has a total score of 3/6, 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.

HUFA.F Dividends

 What is Hufvudstaden'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
2.44%
Current annual income from Hufvudstaden dividends. Estimated to be 2.78% next year.
If you bought $2,000 of Hufvudstaden shares you are expected to receive $49 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?
  • Hufvudstaden's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.51%).
  • Hufvudstaden's dividend is below the markets top 25% of dividend payers in United States of America (3.8%).
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
OTCPK:HUFA.F 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 6 Analyst Estimates (S&P Global) See Below
United States of America Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 17 Stocks 2.7%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1986 Stocks 2.7%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

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

OTCPK:HUFA.F Future Dividends Estimate Data
Date (Data in SEK) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 4.40 1.00
2020-12-31 4.03 6.00
2019-12-31 3.87 6.00
2018-12-31 3.70 5.00
OTCPK:HUFA.F Past Annualized Dividends Data
Date (Data in SEK) Dividend per share (annual) Avg. Yield (%)
2018-03-22 3.500 2.630
2017-03-23 3.300 2.428
2016-03-17 3.100 2.270
2015-03-26 2.900 2.538
2014-02-27 2.750 2.831
2014-02-13 2.750 2.918
2013-03-22 2.600 3.078
2012-03-22 2.450 3.093
2011-03-24 2.300 3.231
2010-03-25 2.100 3.187
2009-03-03 1.900 3.659
2009-02-13 1.900 3.935
2009-01-12 1.750 3.530

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 Hufvudstaden's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (5.6x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
X
Income/ dividend checks
We assess Hufvudstaden's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Hufvudstaden afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hufvudstaden 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.

HUFA.F Management

 What is the CEO of Hufvudstaden'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
Ivo Stopner
COMPENSATION SEK0
AGE 56
CEO Bio

Mr. Ivo Stopner serves as the Chief Executive Officer of Hufvudstaden AB (publ). Mr. Stopner has been the President and Director of Hufvudstaden AB (publ) since 1999. He is graduate engineer and holds MSc.

CEO Compensation
  • Insufficient data for Ivo to compare compensation growth.
  • Ivo's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

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

2.1
Average Tenure
49
Average Age
  • The tenure for the Hufvudstaden management team is about average.
Management Team

Ivo Stopner

TITLE
President
AGE
56

Åsa Roslund

TITLE
Head of Finance & CFO
AGE
52
TENURE
2.7 yrs

Henrik Andréasson

TITLE
Head of NK Business Area
AGE
37
TENURE
0.6 yrs

Christine Lindgren

TITLE
Head of Human Resources
AGE
49
TENURE
1.4 yrs

Bo Wikare

TITLE
VP & Head of Business Development
AGE
55
TENURE
25 yrs

Anders Nygren

TITLE
Head of Stockholm Business Area
AGE
48
TENURE
1.8 yrs

Cathrine Söderström

TITLE
Head of Business Development - Stores

Fredrik Ottosson

TITLE
Head of the Gothenburg Business Area
AGE
46
TENURE
2.4 yrs

John Lethenström

TITLE
Head of Property Development
AGE
46
TENURE
1.4 yrs

Mattias Karlsson

TITLE
Secretary
AGE
53
TENURE
11 yrs
Board of Directors Tenure

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

13
Average Tenure
56
Average Age
  • The average tenure for the Hufvudstaden board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Fredrik Lundberg

TITLE
Chairman of the Board
COMPENSATION
SEK450K
AGE
67
TENURE
21 yrs

Ivo Stopner

TITLE
President
AGE
56
TENURE
20 yrs

Claes Boustedt

TITLE
Director
COMPENSATION
SEK225K
AGE
56
TENURE
21 yrs

Peter Egardt

TITLE
Director
COMPENSATION
SEK225K
AGE
69
TENURE
16 yrs

Anna-Greta Sjöberg

TITLE
Director
COMPENSATION
SEK225K
AGE
51
TENURE
13 yrs

Sten Peterson

TITLE
Director
COMPENSATION
SEK225K
AGE
62
TENURE
13 yrs

Louise Lindh

TITLE
Director
COMPENSATION
SEK225K
AGE
39
TENURE
11.8 yrs

Liv Forhaug

TITLE
Director
COMPENSATION
SEK225K
AGE
48
TENURE
2.8 yrs

Fredrik Persson

TITLE
Director
COMPENSATION
SEK225K
AGE
50
TENURE
2.8 yrs

Arne Lundin

TITLE
Director of Parkaden AB
COMPENSATION
SEK25K
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Hufvudstaden'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. Hufvudstaden 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.

HUFA.F News

External News
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Simply Wall St News

HUFA.F Company Info

Map
Description

Hufvudstaden AB (publ) engages in the ownership, development, and management of commercial properties in Stockholm and Gothenburg, Sweden. The company operates in two segments, Property Management and Parking Operations. It owns and manages office and retail properties, as well as multi-storey car parks. The company operates its properties primarily under the NK, Bibliotekstan, Femman, Norrmalmstorg 1, Birger Jarlspassagen, Fredstan, and Nordstan brands. It owns approximately 29 properties with a rentable floor space of 387,000 square meters, including 279,400 square meters in Stockholm and 105,300 square meters in Gothenburg. The company was founded in 1915 and is based in Stockholm, Sweden.

Details
Name: Hufvudstaden AB (publ)
HUFA.F
Exchange: OTCPK
Founded: 1915
SEK3,719,637,925
206,265,933
Website: http://www.hufvudstaden.se
Address: Hufvudstaden AB (publ)
Regeringsgatan 38,
Stockholm,
Stockholm County, 111 77,
Sweden
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OM HUFV A Series A Shares OMX Nordic Exchange Stockholm SE SEK 18. Nov 1980
OTCPK HUFA.F Series A Shares Pink Sheets LLC US USD 18. Nov 1980
DB HFVA Series A Shares Deutsche Boerse AG DE EUR 18. Nov 1980
LSE 0GW3 Series A Shares London Stock Exchange GB SEK 18. Nov 1980
BATS-CHIXE HUFVAS Series A Shares BATS 'Chi-X Europe' GB SEK 18. Nov 1980
OM HUFV C Series C Shares OMX Nordic Exchange Stockholm SE SEK 12. Jun 1998
LSE 0H2N Series C Shares London Stock Exchange GB SEK 12. Jun 1998
Number of employees
Current staff
Staff numbers
120
Hufvudstaden employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/09 01:44
End of day share price update: 2018/10/12 00:00
Last estimates confirmation: 2019/01/03
Last earnings filing: 2018/11/09
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


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.