Fabege AB (SE:FABG)
:FABG
Top Page
Fabege AB
(FABG)
Select Model
Select Model
Rating:63Neutral
Price Target:
kr79.00
▲(5.19% Upside)
Action:ReiteratedDate:02/07/26
The score is driven mainly by steady cash generation (including strong 2025 free-cash-flow growth) and supportive technical trend signals. These positives are tempered by persistent net losses and negative returns on equity, plus only modest operating cash flow coverage of debt and a negative P/E that reflects weak recent profitability.
Positive Factors
Free Cash Flow Strength
A large FCF rebound and near-parity of free cash flow to net income indicate strong cash conversion from operations. Durable FCF supports reinvestment in developments, servicing debt, and sustaining distributions even when accounting profits are volatile, improving financial flexibility.
Negative Factors
Persistent Net Losses
Consecutive years of negative net income and negative ROE indicate the company has not translated property operations into positive accounting returns. This undermines retained-earnings growth, constrains capital allocation choices, and may limit long-term shareholder returns until profitability is restored.
Read all positive and negative factors
Positive Factors
Negative Factors
Free Cash Flow Strength
A large FCF rebound and near-parity of free cash flow to net income indicate strong cash conversion from operations. Durable FCF supports reinvestment in developments, servicing debt, and sustaining distributions even when accounting profits are volatile, improving financial flexibility.
Read all positive factors
Fabege AB (FABG) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr23.62B
Dividend Yield2.39%
Average Volume (3M)687.30K
Price to Earnings (P/E)―
Beta (1Y)0.42
Revenue Growth-3.46%
EPS GrowthN/A
CountrySE
Employees228
SectorReal Estate
Sector Strength53
IndustryReal Estate - Services
Share Statistics
EPS (TTM)1.18
Shares Outstanding330,783,140
10 Day Avg. Volume662,166
30 Day Avg. Volume687,302
Financial Highlights & Ratios
PEG Ratio-1.18
Price to Book (P/B)0.69
Price to Sales (P/S)6.91
P/FCF Ratio14.98
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr80.90Price Target Upside7.72% Upside
Rating ConsensusModerate Sell
Number of Analyst Covering5
EPS Forecast (FY)4.58
Revenue Forecast (FY)kr3.61B
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 properti...
How the Company Makes Money
Fabege makes money primarily by leasing commercial space and managing its property portfolio. Its core revenue stream is rental income from tenants occupying its office and other commercial premises; these leases typically generate recurring cash ...
Fabege AB Financial Statement Overview
Summary
Income Statement
54
Neutral
Balance Sheet
58
Neutral
Cash Flow
70
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.76B | 3.67B | 3.93B | 3.33B | 2.95B |
| Gross Profit | 2.49B | 2.53B | 2.48B | 2.16B | 2.18B |
| EBITDA | 538.00M | 940.00M | -6.38B | 1.93B | 6.70B |
| Net Income | -348.00M | -213.00M | -5.52B | 2.38B | 5.40B |
Balance Sheet | |||||
| Total Assets | 83.09B | 84.11B | 83.22B | 92.08B | 87.99B |
| Cash, Cash Equivalents and Short-Term Investments | 131.00M | 164.00M | 183.00M | 183.00M | 227.00M |
| Total Debt | 37.59B | 35.77B | 33.93B | 34.59B | 31.49B |
| Total Liabilities | 45.61B | 45.66B | 43.98B | 46.57B | 42.81B |
| Stockholders Equity | 37.48B | 38.45B | 39.24B | 45.51B | 45.17B |
Cash Flow | |||||
| Free Cash Flow | 1.73B | 1.64B | 1.57B | 5.25B | 3.76B |
| Operating Cash Flow | 1.74B | 1.64B | 1.57B | 1.99B | 1.52B |
| Investing Cash Flow | -1.19B | -2.46B | -332.00M | -3.23B | -2.98B |
| Financing Cash Flow | -589.00M | 805.00M | -1.24B | 1.20B | 1.57B |
Fabege AB Technical Analysis
Negative
75.10
Price Trends
81.36
Negative
81.29
Negative
81.12
Negative
Market Momentum
-1.75
Positive
32.19
Neutral
23.99
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:FABG, the sentiment is Negative. The current price of 75.1 is below the 20-day moving average (MA) of 79.89, below the 50-day MA of 81.36, and below the 200-day MA of 81.12, indicating a bearish trend. The MACD of -1.75 indicates Positive momentum. The RSI at 32.19 is Neutral, neither overbought nor oversold. The STOCH value of 23.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:FABG.
Fabege AB Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | kr14.81B | 12.51 | 12.28% | 1.75% | 14.33% | 204.60% | |
67 Neutral | kr25.49B | 12.64 | 9.74% | 3.60% | 5.18% | 349.60% | |
66 Neutral | kr26.78B | 10.43 | 6.07% | 1.25% | -5.96% | ― | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
63 Neutral | kr23.62B | -74.62 | -0.92% | 2.39% | -3.46% | ― | |
60 Neutral | kr8.06B | 12.73 | 5.43% | 2.91% | 8.42% | ― | |
47 Neutral | kr13.28B | 28.53 | 3.19% | 1.93% | 0.03% | ― |
* Real Estate Sector Average
SE:FABG
Fabege AB
74.15
-5.60
-7.03%
SE:WALL.B
Wallenstam AB
39.88
-3.46
-7.99%
SE:WIHL
Wihlborgs Fastigheter AB
82.30
-13.33
-13.94%
SE:NP3
NP3 Fastigheter AB
239.50
7.64
3.29%
SE:PLAZ.B
Platzer Fastigheter Holding AB
66.70
-7.24
-9.79%
SE:NYF
Nyfosa AB
63.50
-21.80
-25.56%
Fabege AB Corporate Events
Fabege Publishes 2025 Annual and Sustainability Report for Stockholm Office Portfolio
Mar 17, 2026
Fabege AB, a leading Swedish commercial property company, has released its 2025 Annual Report, outlining its operations in office-focused real estate across Stockholm, including portfolio management, district development and value creation initiat...
Fabege Calls 2026 AGM, Expands Voting Options for Shareholders
Mar 17, 2026
Fabege AB has called shareholders to its Annual General Meeting, to be held on 16 April 2026 at Scenen Konferens in Solna, with eligibility based on Euroclear Sweden’s share register as of 8 April and notification by 10 April. The agenda inc...
Fabege’s Nomination Committee Proposes New Chair and Board Line-up
Feb 26, 2026
Fabege’s nomination committee has proposed a refreshed six-member board ahead of the company’s Annual General Meeting on 16 April 2026 in Stockholm. The proposal includes re-election of four current directors and the addition of two ne...
Fabege Posts 2025 Loss on Property Revaluations but Lifts Dividend as Cash Flow Holds
Feb 5, 2026
In the fourth quarter and full year 2025, Fabege reported stable rental and operating performance but weaker bottom-line results driven by negative property value changes. Rental income edged up to SEK 3,480m for 2025, with net operating income es...
Fabege Sets February 2026 Date for 2025 Year‑End Results Presentation
Jan 28, 2026
Fabege has announced that it will publish its year‑end report for 2025 on 5 February 2026 at 07:30 CET and will host an English‑language audiocast and teleconference at 10:00 CET the same day for investors, analysts and other stakehold...
Fabege Board Member Resigns After Taking Role With Competitor
Jan 15, 2026
Fabege AB announced a change to its board of directors following the immediate resignation of board member Tomas Eriksson. Eriksson has stepped down after accepting an assignment with a competing business, prompting the company to formally notify ...
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.