Fabege AB (FABG) AI Stock Analysis

• Market Cap: kr25.86B
• Dividend Yield: 2.32%
• Average Volume (3M): 687.30K
• Price to Earnings (P/E): 90.4
• Beta (1Y): 0.66
• Revenue Growth: -3.46%
• EPS Growth: N/A
• Country: SE
• Employees: 228
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 1.23
• Shares Outstanding: 330,783,140
• 10 Day Avg. Volume: 662,166
• 30 Day Avg. Volume: 687,302
• PEG Ratio: 1.27
• Price to Book (P/B): 0.68
• Price to Sales (P/S): 7.10
• P/FCF Ratio: 15.93
• 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: kr78.65
• Price Target Upside: -6.42% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 58 Neutral
• Price Target: kr93.00 ▲(10.65% Upside)

Fabege AB's stock score is primarily influenced by its moderate financial performance and strong technical indicators, suggesting bullish momentum. However, the high P/E ratio raises concerns about overvaluation, which negatively impacts the overall score.

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 leasing its commercial properties to tenants, which includes long-term lease agreements that provide a stable income stream. The company also benefits from property development activities, where it undertakes new construction and renovation projects to enhance its portfolio and increase property value. Additionally, Fabege engages in property sales, divesting non-core assets or completed developments to realize capital gains. The company focuses on maintaining high occupancy rates and tenant satisfaction, which are critical for its revenue stability. Partnerships with local governments and other entities also play a role in facilitating development projects and enhancing the company's market presence, contributing positively to its earnings.

Fabege AB Financial Statement Overview

Summary

Fabege AB demonstrates moderate financial health with stable revenue growth and operational efficiency. However, profitability and cash flow generation present challenges, with low net profit margins and declining free cash flow growth. The company's leverage is manageable, but improving return on equity and cash flow metrics would enhance financial stability.

Income Statement

Fabege AB's income statement shows moderate performance with a stable gross profit margin around 69% in TTM, indicating efficient cost management. However, the net profit margin is low at 5.52% in TTM, reflecting challenges in translating revenue into profit. Revenue growth is positive at 3.29% in TTM, but historical fluctuations suggest volatility. EBIT and EBITDA margins are healthy, indicating strong operational efficiency.

Balance Sheet

The balance sheet reveals a balanced financial structure with a debt-to-equity ratio of 0.95 in TTM, suggesting manageable leverage. However, return on equity is low at 0.53% in TTM, indicating limited profitability for shareholders. The equity ratio is stable, reflecting a solid capital base.

Cash Flow

Cash flow analysis shows a decline in free cash flow growth by 25.90% in TTM, indicating potential liquidity challenges. The operating cash flow to net income ratio is low at 0.28, suggesting limited cash generation relative to earnings. However, free cash flow to net income ratio remains strong at 1.0, indicating effective cash conversion.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.64B	3.67B	3.93B	3.33B	2.95B	2.81B
Gross Profit	2.52B	2.53B	2.48B	2.16B	2.18B	2.11B
EBITDA	1.27B	940.00M	2.40B	1.93B	6.70B	4.72B
Net Income	201.00M	-213.00M	-5.52B	2.38B	5.40B	3.17B
Balance Sheet
Total Assets	83.64B	84.11B	83.22B	92.08B	87.99B	79.17B
Cash, Cash Equivalents and Short-Term Investments	122.00M	164.00M	183.00M	183.00M	227.00M	128.00M
Total Debt	35.57B	35.77B	33.93B	34.59B	31.49B	27.57B
Total Liabilities	46.09B	45.66B	43.98B	46.57B	42.81B	37.62B
Stockholders Equity	37.55B	38.45B	39.24B	45.51B	45.17B	41.54B
Cash Flow
Free Cash Flow	1.38B	1.64B	1.57B	5.25B	3.76B	1.35B
Operating Cash Flow	1.38B	1.64B	1.57B	1.99B	1.52B	1.35B
Investing Cash Flow	-1.27B	-2.46B	-332.00M	-3.23B	-2.98B	-18.00M
Financing Cash Flow	-94.00M	805.00M	-1.24B	1.20B	1.57B	-1.33B

Fabege AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 84.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

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 84.05 is above the 20-day moving average (MA) of 83.90, above the 50-day MA of 80.39, and above the 200-day MA of 81.15, indicating a bullish trend. The MACD of 0.78 indicates Positive momentum. The RSI at 55.60 is Neutral, neither overbought nor oversold. The STOCH value of 25.59 is Neutral, 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
WIHL	78 Outperform	kr28.28B	12.68	9.74%	3.42%	5.18%	349.60%
NP3	72 Outperform	kr15.64B	14.39	12.28%	1.72%	14.33%	204.60%
WALL.B	70 Outperform	kr29.12B	15.32	6.07%	1.15%	-5.96%	―
PLAZ.B	69 Neutral	kr8.70B	12.34	5.26%	2.89%	8.42%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
FABG	58 Neutral	kr25.86B	90.41	0.76%	2.32%	-3.46%	―
NYF	55 Neutral	€16.33B	28.34	3.19%	1.78%	0.03%	―

Fabege AB Corporate Events

Fabege AB Reports Mixed Financial Results for Q3 2025

Fabege AB’s Q3 2025 interim report reveals a mixed financial performance. The company reported a slight increase in rental income and profit from property management, but faced challenges with a decline in net operating income and a negative change in property values. Despite these challenges, Fabege managed to renegotiate and extend several leases, maintaining a stable surplus ratio and loan-to-value ratio, which may indicate resilience in its core operations.

The most recent analyst rating on (SE:FABG) stock is a Hold with a SEK81.00 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-Oct 2025

Fabege AB has announced the release of its interim report for January to October 2025, scheduled for publication on October 21, 2025. The report will be presented by the company’s President and CEO, Stefan Dahlbo, and Vice President and CFO, Åsa Bergström, in an audiocast and teleconference, with sessions available in both English and Swedish.

The most recent analyst rating on (SE:FABG) stock is a Hold with a SEK80.00 price target. To see the full list of analyst forecasts on Fabege AB stock, see the SE:FABG Stock Forecast page.

Fabege AB Announces Nomination Committee for 2026 AGM

Fabege AB has announced the composition of its Nomination Committee for the 2026 Annual General Meeting. The committee, representing around 44.2% of the voting rights, will present proposals for board and auditor appointments, fees, and potential amendments to the committee’s instructions ahead of the AGM scheduled for April 16, 2026.

The most recent analyst rating on (SE:FABG) stock is a Hold with a SEK80.00 price target. To see the full list of analyst forecasts on Fabege AB stock, see the SE:FABG Stock Forecast page.

Fabege AB Achieves Top Rankings in 2025 GRESB Evaluation

Fabege AB has achieved top rankings in the 2025 Global Real Estate Sustainability Benchmark (GRESB) evaluation, scoring 94 in management and 99 in project development. This recognition underscores Fabege’s commitment to sustainability, enhancing its customer offerings and contributing to the sustainable development of the Stockholm region.

The most recent analyst rating on (SE:FABG) stock is a Sell with a SEK57.30 price target. To see the full list of analyst forecasts on Fabege AB stock, see the SE:FABG Stock Forecast page.

Fabege Sells Development Rights in Västra Kungsholmen to Besqab

Fabege AB has announced the sale of 7,800 square meters of development rights in the Paradiset 23 property in Västra Kungsholmen to Besqab for SEK 200 million. This transaction, which includes residential and commercial building rights, is expected to complete in May 2026 and aligns with Fabege’s strategy to focus on office development while contributing to the area’s residential growth.

The most recent analyst rating on (SE:FABG) stock is a Sell with a SEK57.30 price target. To see the full list of analyst forecasts on Fabege AB stock, see the SE:FABG Stock Forecast page.