Hufvudstaden AB (publ) engages in the ownership, development, and management of commercial properties in Stockholm and Gothenburg, Sweden.
Established dividend payer and good value.
Share Price & News
How has Hufvudstaden's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HUFA.F has not had significant price volatility in the past 3 months.
7 Day Return
US Real Estate
1 Year Return
US Real Estate
Return vs Industry: Insufficient data to determine how HUFA.F performed against the US Real Estate industry.
Return vs Market: Insufficient data to determine how HUFA.F performed against the US Market.
Price Volatility Vs. Market
How volatile is Hufvudstaden's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Hufvudstaden undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HUFA.F ($12.2) is trading above our estimate of fair value ($4.81)
Significantly Below Fair Value: HUFA.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HUFA.F is good value based on its PE Ratio (11.3x) compared to the Real Estate industry average (15.7x).
PE vs Market: HUFA.F is good value based on its PE Ratio (11.3x) compared to the US market (16x).
Price to Earnings Growth Ratio
PEG Ratio: HUFA.F is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: HUFA.F is good value based on its PB Ratio (0.8x) compared to the US Real Estate industry average (1.1x).
How is Hufvudstaden forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HUFA.F's forecast earnings growth (45.9% per year) is above the savings rate (2.2%).
Earnings vs Market: HUFA.F's earnings (45.9% per year) are forecast to grow faster than the US market (21.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HUFA.F's revenue (4.9% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: HUFA.F's revenue (4.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HUFA.F's Return on Equity is forecast to be low in 3 years time (4.4%).
How has Hufvudstaden performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HUFA.F has a large one-off gain of SEK1.5B impacting its March 31 2020 financial results.
Growing Profit Margin: HUFA.F's current net profit margins are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: HUFA.F's earnings have grown by 1.1% per year over the past 5 years.
Accelerating Growth: HUFA.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HUFA.F had negative earnings growth (-47.8%) over the past year, making it difficult to compare to the Real Estate industry average (-6.4%).
Return on Equity
High ROE: HUFA.F's Return on Equity (7.1%) is considered low.
How is Hufvudstaden's financial position?
Financial Position Analysis
Short Term Liabilities: HUFA.F's short term assets (SEK978.7M) do not cover its short term liabilities (SEK2.4B).
Long Term Liabilities: HUFA.F's short term assets (SEK978.7M) do not cover its long term liabilities (SEK16.3B).
Debt to Equity History and Analysis
Debt Level: HUFA.F's debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: HUFA.F's debt to equity ratio has reduced from 34.7% to 27.3% over the past 5 years.
Debt Coverage: HUFA.F's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: HUFA.F's interest payments on its debt are well covered by EBIT (11.1x coverage).
What is Hufvudstaden's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HUFA.F's dividend (3.31%) is higher than the bottom 25% of dividend payers in the US market (1.69%).
High Dividend: HUFA.F's dividend (3.31%) is low compared to the top 25% of dividend payers in the US market (4.45%).
Stability and Growth of Payments
Stable Dividend: HUFA.F's dividends per share have been stable in the past 10 years.
Growing Dividend: HUFA.F's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.4%), HUFA.F's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HUFA.F's dividends in 3 years are forecast to be covered by earnings (76.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bo Wikare (56yo)
Mr. Bo Wikare has been Head of Business Development of Hufvudstaden AB (publ) and serves as its Acting President since October 01, 2019. He is Vice President of Hufvudstaden AB (publ) since October 1, 2014 ...
|President||21.33yrs||no data||0.026% SEK620.5k|
|Acting President||0.58yr||no data||0.000030% SEK726.3|
|Chief Financial Officer||4yrs||no data||no data|
|Head of Human Resources||2.75yrs||no data||no data|
|Head of Stockholm Business Area||3.08yrs||no data||no data|
|Head of the Gothenburg Business Area||3.75yrs||no data||no data|
|Head of Property Development||2.75yrs||no data||no data|
|Head of NK Business Area & CEO of AB Nordiska Kompaniet||1.92yrs||no data||no data|
|Secretary||12.33yrs||no data||no data|
Experienced Management: HUFA.F's management team is considered experienced (2.9 years average tenure).
|President||21.33yrs||no data||0.026% SEK620.5k|
|Independent Chairman of the Board||22.33yrs||kr485.00k||0.90% SEK21.7m|
|Independent Director||14.33yrs||kr242.50k||0.0014% SEK35.1k|
|Independent Director||22.33yrs||kr242.50k||0.00048% SEK11.6k|
|Independent Director||14.33yrs||kr242.50k||0.00097% SEK23.5k|
|Independent Director||17.33yrs||kr242.50k||0.0087% SEK211.4k|
|Independent Director||4.17yrs||kr242.50k||0.0012% SEK29.3k|
|Independent Director||13.17yrs||kr242.50k||0.014% SEK342.3k|
|Director of Parkaden AB||no data||kr30.00k||no data|
|Independent Director||4.17yrs||kr242.50k||0.00087% SEK21.1k|
Experienced Board: HUFA.F's board of directors are seasoned and experienced ( 14.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hufvudstaden AB (publ)'s company bio, employee growth, exchange listings and data sources
- Name: Hufvudstaden AB (publ)
- Ticker: HUFA.F
- Exchange: OTCPK
- Founded: 1915
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: kr23.363b
- Listing Market Cap: kr2.421b
- Shares outstanding: 197.99m
- Website: https://www.hufvudstaden.se
Number of Employees
- Hufvudstaden AB (publ)
- Regeringsgatan 38
- NK 100
- Stockholm County
- 111 77
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HUFV A||OM (OMX Nordic Exchange Stockholm)||Yes||Series A Shares||SE||SEK||Nov 1980|
|0GW3||LSE (London Stock Exchange)||Yes||Series A Shares||GB||SEK||Nov 1980|
|HUFA.F||OTCPK (Pink Sheets LLC)||Yes||Series A Shares||US||USD||Nov 1980|
|HUFVAS||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Series A Shares||GB||SEK||Nov 1980|
|HFVA||DB (Deutsche Boerse AG)||Yes||Series A Shares||DE||EUR||Nov 1980|
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 offices, retail stores, and restaurant 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. As of December 31, 2019, it owned approximately 29 properties with a rentable floor space of 384,200 square meters, including 278,800 square meters in Stockholm and 105,400 square meters in Gothenburg. The company was founded in 1915 and is based in Stockholm, Sweden.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/28 03:23|
|End of Day Share Price||2020/05/12 00:00|
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.