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Corem Property Group AB Class A
(CORE.A)
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Rating:47Neutral
Price Target:
kr4.00
â–¼(-10.91% Downside)
Action:Reiterated
Date:07/31/26
The score is primarily held back by weak financial performance: recurring losses, negative ROE, and high leverage outweigh healthy property-level margins and positive (but weakening) free cash flow. Technicals are also soft with the share price below the 50/100/200-day averages, while valuation is only mildly supportive due to the dividend yield but remains constrained by a negative P/E tied to ongoing losses.
Positive Factors
Strong property-level margins
Corem’s ~63% gross profitability indicates durable property-level economics: rents cover operating costs with meaningful cushion. That margin strength supports long-term cash generation from leasing operations and helps absorb property revaluations or localized leasing setbacks without immediate operating distress.
Negative Factors
Persistent net losses / negative ROE
Multi-year net losses and a negative trailing ROE (-18.3%) indicate value erosion and that non-operating items or financing costs are overwhelming operating profits. Sustained negative returns undermine reinvestment capacity, shareholder returns, and the ability to build equity buffers during downturns.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong property-level margins
Corem’s ~63% gross profitability indicates durable property-level economics: rents cover operating costs with meaningful cushion. That margin strength supports long-term cash generation from leasing operations and helps absorb property revaluations or localized leasing setbacks without immediate operating distress.
Read all positive factors
Corem Property Group AB Class A (CORE.A) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr5.33B
Dividend Yield2.82%
Average Volume (3M)6.82K
Price to Earnings (P/E)―
Beta (1Y)0.59
Revenue Growth-9.60%
EPS Growth-46.68%
CountrySE
Employees266
SectorReal Estate
Sector Strength53
IndustryReal Estate - Diversified
Share Statistics
EPS (TTM)-2.01
Shares Outstanding93,124,270
10 Day Avg. Volume8,427
30 Day Avg. Volume6,823
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.34
Price to Sales (P/S)1.61
P/FCF Ratio6.87
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.29
Revenue Forecast (FY)kr3.18B
Corem Property Group AB Class A Business Overview & Revenue Model
Company Description
Corem Property Group AB (publ) is a real estate firm specializing in the acquisition, management, and development of various property types, including industrial, warehouse, logistics, and retail spaces, across the Nordic region. As of December 31...
How the Company Makes Money
Corem primarily makes money by generating rental income from leasing space in its commercial property portfolio to tenants under lease agreements. Revenue is therefore driven by contracted rents, occupancy levels, lease maturities and renewals (in...
Corem Property Group AB Class A Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
45
Neutral
Cash Flow
52
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.26B | 3.46B | 3.69B | 4.24B | 4.49B | 2.91B |
| Gross Profit | 2.05B | 2.21B | 2.36B | 2.88B | 2.93B | 1.87B |
| EBITDA | 1.74B | -2.62B | 118.00M | 2.73B | 1.20B | 5.29B |
| Net Income | -2.79B | -3.31B | -1.06B | -7.97B | 3.03B | 4.58B |
Balance Sheet | ||||||
| Total Assets | 52.14B | 53.13B | 61.78B | 64.85B | 90.86B | 92.24B |
| Cash, Cash Equivalents and Short-Term Investments | 78.00M | 1.80B | 586.00M | 429.00M | 2.08B | 571.00M |
| Total Debt | 30.12B | 30.14B | 32.97B | 34.71B | 49.54B | 47.83B |
| Total Liabilities | 36.82B | 36.64B | 40.27B | 42.83B | 59.55B | 58.30B |
| Stockholders Equity | 15.32B | 16.49B | 21.51B | 22.00B | 31.27B | 33.34B |
Cash Flow | ||||||
| Free Cash Flow | 271.00M | 812.00M | 920.00M | 718.00M | 2.19B | 927.00M |
| Operating Cash Flow | 865.00M | 812.00M | 920.00M | 718.00M | 2.23B | 1.19B |
| Investing Cash Flow | 382.00M | 3.73B | 1.67B | 13.83B | -1.29B | -954.00M |
| Financing Cash Flow | -1.69B | -3.29B | -2.44B | -15.10B | -583.00M | 356.00M |
Corem Property Group AB Class A Technical Analysis
Positive
4.49
Price Trends
3.26
Positive
3.55
Positive
3.86
Positive
Market Momentum
0.11
Negative
75.85
Negative
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CORE.A, the sentiment is Positive. The current price of 4.49 is above the 20-day moving average (MA) of 3.17, above the 50-day MA of 3.26, and above the 200-day MA of 3.86, indicating a bullish trend. The MACD of 0.11 indicates Negative momentum. The RSI at 75.85 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:CORE.A.
Corem Property Group AB Class A Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | kr4.59B | 15.86 | ― | 2.39% | 10.93% | -8.55% | |
69 Neutral | kr4.13B | 8.51 | 8.61% | 1.80% | 5.55% | 130.73% | |
69 Neutral | kr8.81B | 11.97 | 5.59% | 2.95% | 0.52% | 80.58% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
61 Neutral | kr2.97B | 17.04 | 2.48% | ― | 57.31% | 302.59% | |
47 Neutral | kr5.33B | -1.26 | -16.64% | 2.28% | -9.60% | -46.68% | |
45 Neutral | kr5.54B | -1.59 | -23.45% | ― | -30.28% | ― |
* Real Estate Sector Average
SE:CORE.A
Corem Property Group AB Class A
4.16
-1.11
-21.00%
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2.05%
Corem Property Group AB Class A Corporate Events
Corem Reshapes Capital Structure With Major Share Cancellation
Jul 31, 2026
Corem Property Group has reduced its total number of shares and voting rights following a decision at an extraordinary general meeting held on 2 July 2026. The company cancelled 94,021,637 Class B ordinary shares, 106,234 Class D ordinary shares a...
Corem Boosts Treasury Holdings Through July Share Buy-Backs
Jul 10, 2026
Corem Property Group AB has continued its share buy-back programme, repurchasing ordinary Class B and Class D shares as well as preference shares on Nasdaq Stockholm between 6 and 9 July 2026 under the Safe Harbour regime. The transactions were ex...
Corem cuts debt, boosts leasing as Kista shift hits valuations
Jul 10, 2026
Corem reported first-half 2026 income of SEK 1,586 million and net operating income of SEK 996 million, with profit from property management edging up to SEK 486 million despite lower rental income and a loss of SEK 57 million after negative prope...
Corem ramps up share buybacks to tighten capital structure and lift per-share value
Jul 6, 2026
Corem Property Group AB has repurchased a total of 3,000,000 ordinary Class B shares, 7,200 ordinary Class D shares and 6,908 preference shares between 29 June and 3 July 2026 under two parallel share buy-back programs. The transactions were execu...
Corem Cuts Treasury Share Holding Below Swedish Notification Threshold
Jul 6, 2026
Corem Property Group AB has reduced its holding of treasury shares below the 5 percent notification threshold following the cancellation of a large number of repurchased shares across several share classes. After the resolution at an Extra General...
Corem Streamlines Capital Structure With Share Cancellations and Bonus Issue
Jul 2, 2026
Corem Property Group’s extraordinary general meeting on 2 July 2026 approved a restructuring of the company’s share capital aimed at optimizing its capital structure. Shareholders backed the board’s plan to cancel a substantial p...
Corem ramps up share buy-backs to boost capital efficiency and shareholder value
Jun 29, 2026
Corem Property Group has repurchased 5,700,000 Class B shares, 9,000 Class D shares and 8,716 preference shares between 22 and 26 June 2026 under two parallel buy-back programmes conducted on Nasdaq Stockholm. The transactions, carried out by Carn...
Corem Crosses 5% Ownership Threshold After Expanding Share Buybacks
Jun 24, 2026
Corem Property Group has expanded its share buyback program by repurchasing 1.5 million ordinary Class B shares, along with smaller volumes of Class D and preference shares. Following these transactions, the company now holds over 110 million Clas...
Corem accelerates capital management with June share buy-backs
Jun 22, 2026
Corem Property Group has continued its share buy-back programme, repurchasing ordinary Class B and Class D shares along with preference shares on Nasdaq Stockholm between 15 and 18 June 2026 under safe harbour provisions. The transactions were exe...
Corem boosts shareholder value with new round of share buy-backs
Jun 15, 2026
Corem Property Group has repurchased 8,000,000 of its own Class B ordinary shares, 14,085 Class D shares and 14,600 preference shares on Nasdaq Stockholm between 8 and 12 June 2026 under two parallel buy-back programmes. The transactions, executed...
Corem calls July 2026 extraordinary meeting with flexible voting options
Jun 9, 2026
Corem Property Group has called an Extraordinary General Meeting (EGM) for 2 July 2026 in Kista, Stockholm, giving shareholders the option to participate in person, by proxy or via postal voting. The move underlines the company’s continued u...
Corem boosts treasury shares with June buy-back to optimise capital structure
Jun 8, 2026
Corem Property Group has repurchased 7,800,000 Class B ordinary shares, 14,305 Class D ordinary shares and 13,169 preference shares between 1 and 5 June 2026 under two parallel share buy-back programs. The transactions, executed on Nasdaq Stockhol...
Corem Strengthens Capital Structure With Major Share Buy-Back
Jun 1, 2026
Corem Property Group has repurchased nearly 42 million of its own Class B ordinary shares, along with smaller volumes of Class D and preference shares, between 25 and 29 May 2026 under two parallel buy-back programmes. The transactions, executed o...
Corem Crosses 5% Threshold After Expanding Share Buyback Programme
Jun 1, 2026
Corem Property Group AB has increased its holding of own shares after repurchasing 11,000,000 ordinary Class B shares, 3,300 ordinary Class D shares and 3,222 preference shares on 28 May 2026. Following these transactions, the company now holds 78...
Corem boosts capital efficiency with fresh SEK share buy-backs
May 25, 2026
Corem Property Group has repurchased 4,500,000 Class B ordinary shares, 11,428 Class D ordinary shares and 11,450 preference shares between 18 and 22 May 2026 under two parallel share buy-back programmes. The transactions, executed on Nasdaq Stock...
Corem boosts treasury stock with fresh share buybacks on Nasdaq Stockholm
May 18, 2026
Corem Property Group AB has continued its share buyback programme, repurchasing ordinary Class B and Class D shares as well as preference shares on Nasdaq Stockholm between 11 and 15 May 2026. The transactions were executed by Carnegie Investment ...
Corem boosts shareholder value with May share buy-back
May 11, 2026
Corem Property Group has repurchased 7,000,000 Class B ordinary shares, 10,683 Class D ordinary shares and 12,200 preference shares during 4–8 May 2026 under two parallel share buy-back programs conducted on Nasdaq Stockholm. The purchases, ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.