Fastighets AB Balder (BALD.B) AI Stock Analysis

• Market Cap: kr88.18B
• Dividend Yield: N/A
• Average Volume (3M): 1.48M
• Price to Earnings (P/E): 13.5
• Beta (1Y): 0.73
• Revenue Growth: 7.80%
• EPS Growth: N/A
• Country: SE
• Employees: 1,083
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Diversified
• EPS (TTM): 1.36
• Shares Outstanding: 1,122,623,400
• 10 Day Avg. Volume: 1,562,846
• 30 Day Avg. Volume: 1,477,754
• PEG Ratio: -0.18
• Price to Book (P/B): 1.02
• Price to Sales (P/S): 6.99
• P/FCF Ratio: 19.21
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: kr83.00
• Price Target Upside: 14.36% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 73 Outperform
• Price Target: kr83.00 ▲(14.36% Upside)

Fastighets AB Balder's stock is supported by strong technical momentum and a reasonable valuation. Financial performance is stable but highlights areas for improvement, particularly in cash flow management and equity returns. The absence of earnings call data and corporate events does not impact the score.

Fastighets AB Balder Business Overview & Revenue Model

Company Description

Fastighets AB Balder (BALD.B) is a prominent real estate company based in Sweden, primarily engaged in the acquisition, development, and management of residential and commercial properties. The company operates across various sectors, including residential housing, office spaces, and public properties, focusing on creating value through active property management and strategic investments. Balder's core services encompass property leasing, property development, and asset management, aimed at enhancing the quality of life for tenants and maximizing returns for investors.

How the Company Makes Money

Fastighets AB Balder generates revenue primarily through rental income from its extensive portfolio of residential and commercial properties. The company leases its properties to tenants, which provides a steady cash flow. Additionally, Balder engages in property development, where it invests in new construction projects or renovations of existing properties, potentially leading to increased rental income and property value appreciation. The company also benefits from capital gains when properties are sold at a profit. Key partnerships with local authorities and construction firms enhance its operational efficiency and market presence, while a focus on sustainable development practices attracts environmentally conscious tenants, contributing to its overall revenue growth.

Fastighets AB Balder Financial Statement Overview

Summary

Fastighets AB Balder demonstrates strong profitability and efficient operations, with high gross and net profit margins. However, challenges include cash flow management issues and earnings volatility, as well as limited profitability from equity.

Income Statement

Fastighets AB Balder shows strong profitability with a high gross profit margin of 75% and a net profit margin of 49.2% in the TTM period. Revenue growth is modest at 1.7%, indicating stable but slow expansion. The EBIT and EBITDA margins are robust, reflecting efficient operations. However, the significant drop in net income in 2023 raises concerns about earnings volatility.

Balance Sheet

The company's debt-to-equity ratio of 1.53 suggests moderate leverage, which is typical for the real estate industry. Return on equity is relatively low at 7.47% in the TTM period, indicating limited profitability from shareholders' investments. The equity ratio of 34.2% shows a balanced capital structure but leaves room for improvement in financial stability.

Cash Flow

Operating cash flow is positive, but the free cash flow growth rate is negative, indicating potential cash flow challenges. The free cash flow to net income ratio is strong at 98.8%, suggesting good cash conversion. However, the operating cash flow to net income ratio is low, highlighting potential issues in cash generation relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	13.38B	12.88B	11.94B	10.52B	8.96B	8.13B
Gross Profit	10.05B	9.61B	8.91B	7.80B	6.74B	6.21B
EBITDA	8.88B	10.17B	-4.31B	15.37B	24.65B	10.63B
Net Income	6.59B	3.30B	-6.75B	10.18B	18.51B	6.64B
Balance Sheet
Total Assets	266.33B	267.93B	253.75B	263.77B	229.93B	180.40B
Cash, Cash Equivalents and Short-Term Investments	4.35B	6.44B	3.85B	5.59B	3.24B	4.47B
Total Debt	139.20B	141.44B	136.58B	137.14B	119.03B	90.53B
Total Liabilities	162.29B	166.19B	159.76B	160.87B	141.37B	112.52B
Stockholders Equity	90.96B	88.42B	82.31B	90.19B	77.61B	58.21B
Cash Flow
Free Cash Flow	4.36B	4.68B	4.67B	4.91B	1.46B	-940.00M
Operating Cash Flow	4.41B	4.74B	4.86B	5.05B	1.53B	6.52B
Investing Cash Flow	-8.92B	-9.44B	-6.21B	-12.91B	-29.88B	-16.99B
Financing Cash Flow	3.58B	5.65B	-212.00M	10.50B	25.12B	13.56B

Fastighets AB Balder Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 72.58
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BALD.B, the sentiment is Positive. The current price of 72.58 is above the 20-day moving average (MA) of 69.66, above the 50-day MA of 68.30, and above the 200-day MA of 69.22, indicating a bullish trend. The MACD of 1.87 indicates Negative momentum. The RSI at 66.73 is Neutral, neither overbought nor oversold. The STOCH value of 84.07 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:BALD.B.

Fastighets AB Balder Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WIHL	78 Outperform	kr29.16B	13.08	9.74%	3.37%	5.18%	349.60%
BALD.B	73 Outperform	kr88.18B	13.52	7.43%	―	7.80%	―
SAGA.A	71 Outperform	€79.79B	32.05	―	1.56%	8.15%	-14.95%
LUND.B	70 Outperform	kr127.97B	17.62	6.37%	0.90%	11.43%	-0.95%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
CAST	65 Neutral	kr53.75B	18.33	4.49%	1.64%	-2.45%	―
WALL.B	64 Neutral	kr30.03B	15.80	6.07%	1.10%	-5.96%	―