Brinova Fastigheter AB Class B (BRIN.B) AI Stock Analysis

• Market Cap: €3.82B
• Dividend Yield: N/A
• Average Volume (3M): 45.46K
• Price to Earnings (P/E): 22.6
• Beta (1Y): 0.30
• Revenue Growth: 51.80%
• EPS Growth: N/A
• Country: SE
• Employees: 53
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.33
• Shares Outstanding: 185,017,350
• 10 Day Avg. Volume: 59,007
• 30 Day Avg. Volume: 45,456
• PEG Ratio: -0.37
• Price to Book (P/B): 0.68
• Price to Sales (P/S): 3.58
• P/FCF Ratio: 20.44
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: kr17.00 ▲(8.97% Upside)

Brinova Fastigheter AB Class B has a solid financial performance with strong revenue growth and operational efficiency, but it is offset by high leverage and low net profit margins. The technical indicators suggest a neutral to slightly bearish trend, and the valuation is moderate with no dividend yield. These factors combined result in an overall stock score of 62.

Positive Factors

Revenue Growth

Consistent revenue growth indicates expanding market presence and effective business strategies, supporting long-term financial health.

Operational Efficiency

High EBIT margins demonstrate effective cost management and operational strength, enhancing profitability and competitive positioning.

Cash Flow Generation

Strong cash flow growth supports financial flexibility and the ability to reinvest in growth opportunities, ensuring long-term sustainability.

Negative Factors

High Leverage

High leverage can increase financial risk, especially in rising interest rate environments, potentially impacting future profitability and stability.

Low Net Profit Margin

Low net profit margins suggest challenges in controlling non-operating expenses, which could hinder overall profitability and shareholder returns.

Conversion of Income to Cash

Low conversion of income to cash may indicate inefficiencies in cash management, potentially affecting liquidity and investment capacity.

Brinova Fastigheter AB Class B Business Overview & Revenue Model

Company Description

Brinova Fastigheter AB Class B (BRIN.B) is a Swedish real estate company primarily engaged in the development, ownership, and management of commercial properties. The company focuses on various sectors, including retail, office, and residential properties, with a portfolio strategically located in growth areas across Sweden. Brinova is committed to sustainable development and aims to enhance the value of its properties through active management and strategic investments.

How the Company Makes Money

Brinova Fastigheter generates revenue primarily through rental income from its commercial and residential properties. The company leases its properties to a diverse range of tenants, which provides a steady cash flow. Additionally, Brinova benefits from property management services, where it may charge fees for maintenance and administration of its real estate assets. The company also engages in property development, generating income from the sale of newly developed properties or from increasing the value of existing properties through renovations and improvements. Strategic partnerships with local governments and businesses can also enhance Brinova's ability to secure lucrative leasing agreements and development projects, further contributing to its revenue streams.

Brinova Fastigheter AB Class B Financial Statement Overview

Summary

Brinova Fastigheter AB Class B demonstrates solid revenue growth and operational efficiency, as evidenced by strong EBIT margins. However, the company faces challenges with a high debt load and relatively low net profit margins. Cash flow generation is robust, although the conversion of operating income to cash could be improved. Overall, the company is performing well but should focus on improving profitability and managing leverage.

Income Statement

Brinova Fastigheter AB Class B has shown strong revenue growth with a TTM increase of 18.76%. The gross profit margin is healthy at 66.35%, indicating efficient cost management. However, the net profit margin is relatively low at 2.72%, suggesting potential challenges in controlling non-operating expenses. The EBIT margin is robust at 52.95%, reflecting strong operational efficiency.

Balance Sheet

The company maintains a high debt-to-equity ratio of 1.59, indicating significant leverage, which could pose risks in a rising interest rate environment. The return on equity is modest at 0.47%, suggesting limited profitability relative to shareholder equity. The equity ratio stands at 37.15%, showing a balanced capital structure but with room for improvement in equity financing.

Cash Flow

Brinova's free cash flow growth is strong at 19.69%, indicating effective cash generation. The operating cash flow to net income ratio is low at 0.07, which may suggest potential issues in converting income into cash. However, the free cash flow to net income ratio is high at 98.80%, reflecting efficient cash management relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	813.00M	545.40M	521.50M	463.80M	399.00M	311.40M
Gross Profit	547.20M	351.50M	338.80M	288.50M	251.90M	195.00M
EBITDA	450.20M	277.40M	-203.20M	307.60M	541.90M	289.70M
Net Income	115.10M	46.00M	-337.70M	289.70M	399.80M	160.50M
Balance Sheet
Total Assets	19.38B	8.67B	8.54B	8.89B	7.88B	6.25B
Cash, Cash Equivalents and Short-Term Investments	126.70M	31.00M	125.90M	173.70M	69.80M	113.50M
Total Debt	11.46B	5.26B	5.19B	5.16B	4.53B	3.85B
Total Liabilities	12.18B	5.80B	5.71B	5.73B	5.02B	4.28B
Stockholders Equity	7.20B	2.87B	2.82B	3.16B	2.86B	1.98B
Cash Flow
Free Cash Flow	217.60M	95.60M	136.10M	1.67B	146.50M	183.80M
Operating Cash Flow	219.90M	95.90M	136.90M	1.68B	147.30M	184.80M
Investing Cash Flow	-336.70M	-255.40M	-278.40M	-4.98B	-923.70M	-746.90M
Financing Cash Flow	184.30M	64.60M	93.70M	4.34B	732.70M	573.00M

Brinova Fastigheter AB Class B Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 15.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:BRIN.B, the sentiment is Negative. The current price of 15.6 is below the 20-day moving average (MA) of 16.03, below the 50-day MA of 15.89, and below the 200-day MA of 16.58, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 45.23 is Neutral, neither overbought nor oversold. The STOCH value of 42.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:BRIN.B.

Brinova Fastigheter AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SFAST	70 Neutral	€3.94B	16.81	6.08%	1.83%	-2.06%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
GPG	65 Neutral	kr1.92B	7.58	―	1.70%	0.71%	―
BRIN.B	62 Neutral	€3.82B	22.63	2.27%	―	51.80%	―
KFAST.B	44 Neutral	€3.20B	-46.90	0.75%	―	58.82%	―

Brinova Fastigheter AB Class B Corporate Events

Brinova CEO Per Johansson Announces Retirement

Brinova Fastigheter AB announced that its CEO, Per Johansson, will retire in mid-2026 after leading the company since 2016. The Board of Directors has begun the search for his successor, and Johansson will remain in his role until a new CEO is appointed to ensure a smooth transition. This leadership change marks a significant moment for Brinova, as Johansson has been instrumental in shaping the company into its current form.

The most recent analyst rating on ($SE:BRIN.B) stock is a Hold with a SEK17.50 price target. To see the full list of analyst forecasts on Brinova Fastigheter AB Class B stock, see the SE:BRIN.B Stock Forecast page.

Brinova Unveils Ambitious 2025-2027 Business Plan

Brinova Fastigheter AB has announced a revised business plan for 2025-2027, focusing on financial, operational, and sustainability targets. The company aims to increase profit per share from property management by at least 10% annually, maintain a loan-to-value ratio below 60%, and achieve a customer satisfaction index above 4.0. With a priority on growth over dividends, Brinova plans to invest in existing assets, acquisitions, and its project portfolio, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on ($SE:BRIN.B) stock is a Hold with a SEK17.50 price target. To see the full list of analyst forecasts on Brinova Fastigheter AB Class B stock, see the SE:BRIN.B Stock Forecast page.