Strong Cash GenerationConsistently positive and improving operating and free cash flow provides durable liquidity and financial flexibility. It funds project development and debt service, cushions against accounting losses, and supports capital allocation without immediate reliance on external financing, assuming cash conversion persists.

Manageable LeverageLeverage at ~0.6x equity is moderate for real estate and reduces refinancing and solvency risk. A solid equity cushion helps absorb property value swings and gives the company scope to finance new projects or withstand rate volatility while executing long-term development and ownership strategies.

Dual Revenue ModelA business mix of project development (one‑time sale profits) and recurring rental income diversifies cash flows across cycles. Development can deliver upside when markets recover, while owned investment properties generate steady NOI that stabilizes earnings over the medium term.

Bears Say

Ongoing Net LossesPersistent net losses indicate core operations haven't reached sustainable profitability despite positive cash flow. Continued losses can erode equity, limit reinvestment, and require management to convert projects into profitable sales or improve NOI to produce long-term shareholder returns.

Declining Revenue TrendA material drop in revenue signals softer project completions or weaker leasing/sales demand, which pressures margins and future cash generation. If the decline persists, it will constrain development throughput and rental growth, making recovery dependent on market demand and execution timing.

Weak Returns On EquityA sizable equity base that produces negative ROE points to inefficient capital use. Over the medium term, investors need improving ROE from higher operating margins, successful project realizations, or asset revaluation to justify capital employed and to generate sustainable shareholder value.

ALM FAQ

What was ALM Equity AB’s price range in the past 12 months?

ALM Equity AB lowest stock price was kr44.00 and its highest was kr127.00 in the past 12 months.

What is ALM Equity AB’s market cap?

ALM Equity AB’s market cap is kr885.31M.

When is ALM Equity AB’s upcoming earnings report date?

ALM Equity AB’s upcoming earnings report date is May 07, 2026 which is in 64 days.

How were ALM Equity AB’s earnings last quarter?

ALM Equity AB released its earnings results on Feb 26, 2026. The company reported -kr1.715 earnings per share for the quarter, missing the consensus estimate of kr1.475 by -kr3.19.

Is ALM Equity AB overvalued?

According to Wall Street analysts ALM Equity AB’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does ALM Equity AB pay dividends?

ALM Equity AB pays a Quarterly dividend of kr2.1 which represents an annual dividend yield of N/A. See more information on ALM Equity AB dividends here

What is ALM Equity AB’s EPS estimate?

ALM Equity AB’s EPS estimate is 3.1.

How many shares outstanding does ALM Equity AB have?

ALM Equity AB has 17,358,976 shares outstanding.

What happened to ALM Equity AB’s price movement after its last earnings report?

ALM Equity AB reported an EPS of -kr1.715 in its last earnings report, missing expectations of kr1.475. Following the earnings report the stock price went down -0.778%.

Which hedge fund is a major shareholder of ALM Equity AB?

Currently, no hedge funds are holding shares in SE:ALM

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

ALM Equity AB

ALM Equity AB (publ) operates as a real estate development company in Sweden. The company operates through five segments: Management, Project Development, Construction, Financing, and Digital Services. The Management segment acquires and manages surface-efficient properties in locations close to communications in Greater Stockholm. The Project Development segment acquires, develops, and sells housing and commercial projects under the ALM Bostad, Småa, Järntorget, and Abacus brands. The Construction segment designs, plans, and executes construction for tenant-owner associations and property developers; builds housing and commercial properties as a construction contractor; and builds and delivers wooden modules for the construction of single-family houses, student housing, and apartment buildings. The Financing segment financing solutions for various properties and property projects. The Digital Services segment develops software and services that facilitates the sharing of information, resources, and services between neighbors, managers, and service companies under the Your Block brand. The company was founded in 1997 and is based in Stockholm, Sweden.