Fabege AB (FABG) AI Stock Analysis

• Market Cap: kr26.68B
• Dividend Yield: 2.27%
• Average Volume (3M): 776.47K
• Price to Earnings (P/E): 132.7
• Beta (1Y): 0.73
• Revenue Growth: -4.31%
• EPS Growth: N/A
• Country: SE
• Employees: 228
• Sector: Real Estate
• Sector Strength: 61
• Industry: Real Estate - Services
• EPS (TTM): 1.18
• Shares Outstanding: 330,783,140
• 10 Day Avg. Volume: 609,300
• 30 Day Avg. Volume: 776,468
• PEG Ratio: 0.29
• Price to Book (P/B): 0.67
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 13.73
• 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: kr78.50
• Price Target Upside: -7.43% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 58 Neutral
• Price Target: kr85.00 ▲(0.24%Upside)

The stock score of 58 reflects a stable financial performance with strong margins and cash flow management. However, the technical analysis indicates a lack of clear momentum, and the high P/E ratio suggests potential overvaluation concerns. These factors contribute to a cautious outlook for the stock.

Fabege AB Business Overview & Revenue Model

Company Description

Fabege AB (publ), a property company, focuses primarily on the development, investment, and management of commercial premises in Sweden. Its property portfolio comprises office, retail, industrial/warehouse, residential, hotel, and garage properties. The company also engages in the acquisition and sale of properties. It owns 94 properties. The company was formerly known as Wihlborgs Fastigheter AB and changed its name to Fabege AB (publ) in December 2005. Fabege AB (publ) was founded in 1924 and is headquartered in Solna, Sweden.

How the Company Makes Money

Fabege AB generates revenue primarily through rental income derived from its extensive portfolio of commercial properties. The company's key revenue streams include leasing office spaces, retail units, and other premises to a diverse range of tenants. Fabege also engages in property development, where it constructs new buildings or redevelops existing properties, creating value through appreciation and sales of these assets. Additionally, Fabege forms strategic partnerships with local governments and other developers to enhance urban areas, further driving demand for its properties. By maintaining a high occupancy rate and focusing on prime locations, Fabege ensures a steady flow of rental income, which is a significant contributor to its earnings.

Fabege AB Financial Statement Overview

Summary

Fabege AB demonstrates a stable financial profile with strong margins and efficient cash flow management. Despite a decline in revenue, profitability metrics have improved, illustrating effective cost management and operational efficiency. The balance sheet is solid, with a balanced approach to leverage and a strong equity base, though there is room to enhance return on equity.

Income Statement

The income statement reflects moderate performance with a recent uptick in profitability. The TTM (Trailing-Twelve-Months) gross profit margin is 70.78%, indicating strong control over costs. However, revenue has declined from previous periods, with a revenue growth rate of -10.88% from 2023 to 2024. Despite this, the TTM net profit margin is 9.50%, showing improvement from prior negative net income. EBIT and EBITDA margins are robust at 67.18% and 48.80%, respectively, suggesting strong operational efficiency.

Balance Sheet

The balance sheet highlights a stable financial position with a debt-to-equity ratio of 0.91, indicating a balanced use of leverage. The return on equity is 0.87%, showing a low but positive return for shareholders. The equity ratio stands at 45.95%, reflecting a solid equity base in the asset structure. Overall, the company maintains a healthy balance between debt and equity, though the return on equity indicates room for improvement in profitability.

Cash Flow

The cash flow analysis shows positive trends, with a strong operating cash flow to net income ratio of 5.54, indicating effective cash generation relative to income. The free cash flow to net income ratio is also favorable at 5.54. The free cash flow growth rate is 13.62% from 2023 to 2024, demonstrating an improvement in cash generation capabilities. Overall, the company exhibits solid cash flow management.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.67B	3.93B	3.33B	2.95B	2.81B
Gross Profit	2.53B	2.48B	2.16B	2.18B	2.11B
EBITDA	940.00M	2.40B	1.93B	6.70B	4.72B
Net Income	-213.00M	-5.52B	2.38B	5.40B	3.17B
Balance Sheet
Total Assets	84.11B	83.22B	92.08B	87.99B	79.17B
Cash, Cash Equivalents and Short-Term Investments	164.00M	183.00M	183.00M	227.00M	128.00M
Total Debt	35.77B	33.93B	34.59B	31.49B	27.57B
Total Liabilities	45.66B	43.98B	46.57B	42.81B	37.62B
Stockholders Equity	38.45B	39.24B	45.51B	45.17B	41.54B
Cash Flow
Free Cash Flow	1.64B	1.57B	5.25B	3.76B	1.35B
Operating Cash Flow	1.64B	1.57B	1.99B	1.52B	1.35B
Investing Cash Flow	-2.46B	-332.00M	-3.23B	-2.98B	-18.00M
Financing Cash Flow	805.00M	-1.24B	1.20B	1.57B	-1.33B

Fabege AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 84.80
• 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:FABG, the sentiment is Positive. The current price of 84.8 is above the 20-day moving average (MA) of 82.59, above the 50-day MA of 81.88, and above the 200-day MA of 82.22, indicating a bullish trend. The MACD of 0.51 indicates Negative momentum. The RSI at 59.04 is Neutral, neither overbought nor oversold. The STOCH value of 87.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:FABG.

Fabege AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$6.87B	17.44	-1.93%	6.95%	4.65%	-24.33%
FABG	58 Neutral	kr26.68B	132.71	0.53%	2.27%	-4.31%	―
0GW3	―	kr23.59B	29.19	3.01%	2.30%	―	―
0R7Y	―	kr30.45B	32.82	3.00%	1.09%	―	―
0A0I	―	kr30.62B	16.12	8.38%	3.22%	―	―
A1A0	―	€1.92B	29.59	2.52%	2.24%	―	―
2JM	―	€1.66B	126.19	0.82%	0.81%	―	―

Fabege AB Corporate Events

Fabege AB Reports Decline in Q2 2025 Financial Performance

Fabege AB’s Q2 2025 interim report reveals a challenging period with a decline in net lettings and rental income, alongside a decrease in net operating income compared to the previous year. The company faced negative earnings before and after tax, and experienced impairments in property values and fixed-income derivatives, indicating financial pressures and potential implications for stakeholders.

The most recent analyst rating on (SE:FABG) stock is a Buy with a SEK115.00 price target. To see the full list of analyst forecasts on Fabege AB stock, see the SE:FABG Stock Forecast page.

Fabege AB to Present Interim Report for Jan-Jun 2025

Fabege AB announced the upcoming release of its interim report for January to June 2025, scheduled for July 7, 2025. The company will host an audiocast and teleconference to discuss the report, featuring presentations by the CEO and CFO, with sessions in both English and Swedish. This event is significant for stakeholders as it provides insights into the company’s financial performance and strategic direction.

The most recent analyst rating on (SE:FABG) stock is a Buy with a SEK115.00 price target. To see the full list of analyst forecasts on Fabege AB stock, see the SE:FABG Stock Forecast page.

Fabege Updates MTN Prospectus to Support Green Financing Goals

Fabege AB has published an updated prospectus for its Medium Term Notes (MTN) programme, which is a key component of its financing strategy. This update, which does not involve any significant changes, supports Fabege’s goal of achieving 100% green financing, aligning with its commitment to sustainable business practices.

The most recent analyst rating on (SE:FABG) stock is a Buy with a SEK115.00 price target. To see the full list of analyst forecasts on Fabege AB stock, see the SE:FABG Stock Forecast page.

Fabege AB Updates Green Financing Framework to Enhance Sustainability Goals

Fabege AB has updated its green financing framework to align with its sustainability strategy, which is integrated into its business model and based on the UN Sustainable Development Goals. The new framework aims for 100% of Fabege’s financing to be classified as green, providing a broad platform for sustainable financing and enhancing its market positioning in the capital market.

The most recent analyst rating on (SE:FABG) stock is a Buy with a SEK94.00 price target. To see the full list of analyst forecasts on Fabege AB stock, see the SE:FABG Stock Forecast page.