Corem Property Group AB Class A (SE:CORE.A)
:CORE.A
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Corem Property Group AB Class A
(CORE.A)
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Rating:48Neutral
Price Target:
kr4.00
▼(-10.91% Downside)
Action:ReiteratedDate:04/23/26
The score is primarily constrained by weak and volatile financial performance, including deep recent losses and elevated leverage with limited debt coverage from cash flow. Technicals add mild support via improving near-term momentum, while valuation remains mixed due to a negative P/E and only a modest dividend yield.
Positive Factors
Positive cash generation
The business still produces positive operating and free cash flow (TTM OCF 732M; FCF 422M), providing internal funding for maintenance, selective development and tenant rollouts. This cash generation cushions operations and supports near-term funding needs without immediate equity issuance.
Negative Factors
Elevated leverage
Debt-to-equity near 1.9x and large absolute debt (~32.0B) materially raise financial risk for a property company. High leverage magnifies cash flow shortfalls, reduces flexibility for opportunistic investments, and increases vulnerability to interest-rate moves or tenant stress over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Positive cash generation
The business still produces positive operating and free cash flow (TTM OCF 732M; FCF 422M), providing internal funding for maintenance, selective development and tenant rollouts. This cash generation cushions operations and supports near-term funding needs without immediate equity issuance.
Read all positive factors
Corem Property Group AB Class A (CORE.A) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr6.22B
Dividend Yield2.28%
Average Volume (3M)6.82K
Price to Earnings (P/E)―
Beta (1Y)0.68
Revenue Growth-7.75%
EPS Growth-198.50%
CountrySE
Employees280
SectorReal Estate
Sector Strength53
IndustryReal Estate - Services
Share Statistics
EPS (TTM)0.15
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)0.28
Revenue Forecast (FY)kr3.26B
Corem Property Group AB Class A Business Overview & Revenue Model
Company Description
Corem Property Group AB (publ), a real estate company, owns, manages, and develops industrial, warehouse, logistics, and retail properties in the Nordic region. As of December 31, 2021, it had 518 properties with a total lettable area of 3,479 tho...
How the Company Makes Money
Corem Property Group AB primarily makes money by leasing space in its commercial property portfolio to tenants under rental contracts. Its core revenue stream is rental income (contracted rents and related tenant billings), typically supported by ...
Corem Property Group AB Class A Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
38
Negative
Cash Flow
46
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.37B | 3.46B | 3.69B | 4.24B | 4.49B | 2.91B |
| Gross Profit | 2.13B | 2.21B | 2.36B | 2.88B | 2.93B | 1.87B |
| EBITDA | 2.01B | -2.62B | 118.00M | 2.73B | 1.20B | 5.29B |
| Net Income | -3.29B | -3.31B | -1.06B | -7.97B | 3.03B | 4.58B |
Balance Sheet | ||||||
| Total Assets | 55.16B | 53.13B | 61.78B | 64.85B | 90.86B | 92.24B |
| Cash, Cash Equivalents and Short-Term Investments | 65.00M | 1.80B | 586.00M | 429.00M | 2.08B | 571.00M |
| Total Debt | 32.02B | 31.65B | 32.97B | 34.71B | 49.54B | 47.83B |
| Total Liabilities | 38.77B | 36.64B | 40.27B | 42.83B | 59.55B | 58.30B |
| Stockholders Equity | 16.39B | 16.49B | 21.51B | 22.00B | 31.27B | 33.34B |
Cash Flow | ||||||
| Free Cash Flow | 422.00M | 812.00M | 920.00M | 718.00M | 2.19B | 927.00M |
| Operating Cash Flow | 732.00M | 812.00M | 920.00M | 718.00M | 2.23B | 1.19B |
| Investing Cash Flow | 6.00M | 3.73B | 1.67B | 13.83B | -1.29B | -954.00M |
| Financing Cash Flow | -1.10B | -3.29B | -2.44B | -15.10B | -583.00M | 356.00M |
Corem Property Group AB Class A Technical Analysis
Positive
4.49
Price Trends
3.86
Positive
4.04
Positive
4.44
Negative
Market Momentum
0.08
Negative
59.95
Neutral
79.20
Neutral
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 3.77, above the 50-day MA of 3.86, and above the 200-day MA of 4.44, indicating a neutral trend. The MACD of 0.08 indicates Negative momentum. The RSI at 59.95 is Neutral, neither overbought nor oversold. The STOCH value of 79.20 is Neutral, 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 |
|---|---|---|---|---|---|---|---|
76 Outperform | kr3.94B | 11.02 | 6.08% | 1.80% | 2.39% | 585.54% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
65 Neutral | kr8.29B | 7.48 | 5.43% | 2.91% | 1.52% | 153.52% | |
61 Neutral | kr3.04B | 6.43 | 1.13% | ― | 92.77% | 115.97% | |
57 Neutral | kr4.31B | 10.64 | ― | 2.39% | 43.78% | 532.36% | |
48 Neutral | kr6.22B | -17.48 | -8.81% | 2.28% | -7.75% | -198.50% | |
44 Neutral | kr5.92B | -4.58 | -11.80% | ― | -17.41% | ― |
* Real Estate Sector Average
SE:CORE.A
Corem Property Group AB Class A
3.74
-1.14
-23.30%
SE:PLAZ.B
Platzer Fastigheter Holding AB
69.20
-4.26
-5.79%
SE:BRIN.B
Brinova Fastigheter AB Class B
13.20
-3.95
-23.03%
SE:SFAST
Stenhus Fastigheter i Norden AB
11.36
1.42
14.29%
SE:SBB.B
Samhallsbyggnadsbolaget I Norden AB Class B
3.33
-0.59
-15.15%
SE:EAST
Eastnine AB
44.05
0.06
0.15%
Corem Property Group AB Class A Corporate Events
Corem cushions tough quarter with U.S. asset sale and capital shifts
Apr 22, 2026
Corem Property Group reported a weaker first quarter of 2026 in headline figures, with lower income and net operating income year-on-year, but improved profit from property management and a smaller overall loss, reflecting better underlying operat...
Corem Corrects Share Class Mix in Ongoing SEK 150 Million Buy-Back
Apr 20, 2026
Corem Property Group has corrected an earlier press release after mislabeling the share classes involved in its buy-back transactions on 17 April, clarifying the proper allocation between Class B, Class D and preference shares. The clarification c...
Corem boosts treasury stock with fresh multi-class share buybacks
Apr 20, 2026
Corem Property Group has carried out a series of share repurchases on Nasdaq Stockholm during the period 13–17 April 2026, covering its Class B and Class D ordinary shares as well as its preference shares through Carnegie Investment Bank act...
Corem boosts shareholder value with latest SEK 150m share buy-back tranche
Apr 13, 2026
Corem Property Group has repurchased 5.2 million Class B ordinary shares, 7,613 Class D ordinary shares and 10,352 preference shares between 7 and 10 April 2026 under its ongoing share buy-back program of up to SEK 150 million. Executed on Nasdaq ...
Corem Steps Up Share Buy-Back to Boost Capital Efficiency
Apr 7, 2026
Corem Property Group AB has repurchased nearly 4.85 million ordinary Class B shares, 6,444 Class D shares and 8,639 preference shares between 30 March and 2 April 2026 under its ongoing SEK 150 million buy-back programme. All transactions were exe...
Corem Steps Up Share Buy-Backs to Optimize Capital Structure
Mar 30, 2026
Corem Property Group has continued to execute its previously announced share buy-back program, repurchasing 6,921,834 Class B shares, 11,234 Class D shares and 16,028 preference shares between 20 and 27 March 2026. The transactions, carried out on...
Corem crosses 5% treasury-share threshold in SEK 150m buyback push
Mar 30, 2026
Corem Property Group has crossed the 5 percent threshold for holdings of its own shares after repurchasing 1,210,000 Class B ordinary shares, 1,850 Class D ordinary shares and 2,700 preference shares on 26 March 2026, bringing its total treasury h...
Corem Releases 2025 Annual and Sustainability Report, English Version to Follow in May
Mar 26, 2026
Corem Property Group has published its Swedish-language Annual and Sustainability Report for 2025, which is now available for download on the company’s website. An English version of the combined report is planned for release on the corporat...
Corem Property Group Calls 2026 AGM with Expanded Voting Options
Mar 25, 2026
Corem Property Group has convened its Annual General Meeting for 24 April 2026 in Kista, Stockholm, giving shareholders the option to participate either in person, by proxy or via postal voting. The company details the registration requirements, i...
Corem Names Sebastian Schlasberg to Lead Property Operations
Mar 20, 2026
Corem Property Group has appointed Sebastian Schlasberg as Chief Executive Officer of its property operations, giving him responsibility for the management and development of the group’s commercial property portfolio. Schlasberg, who joins t...
Corem Launches New SEK 150 Million Share Buyback to Optimize Capital Structure
Mar 19, 2026
Corem Property Group has launched a new share buyback program of up to SEK 150 million, covering its Class A, B and D ordinary shares as well as preference shares, following an earlier program under which it repurchased about SEK 124 million worth...
Corem deepens loss as it exits U.S. projects and refocuses on Swedish core portfolio
Feb 13, 2026
Corem Property Group reported weaker full-year 2025 results as lower property values and asset sales reduced income, operating surplus and net asset value, pushing the company to a net loss despite stable underlying earnings. Management highlighte...
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.