Genova Property Group AB (SE:GPG)
:GPG
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Genova Property Group AB
(GPG)
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Rating:56Neutral
Price Target:
kr40.00
▲(1.78% Upside)
Action:ReiteratedDate:03/01/26
The score is driven primarily by mixed financial performance: strong revenue momentum and improving cash generation are tempered by high and rising leverage alongside a thinner equity base. Valuation is a clear positive due to the low P/E and a modest dividend yield, while technicals detract as the stock trades below key moving averages with weak momentum signals.
Positive Factors
Integrated real estate business model
GPG's integrated model—from acquisition and project development to long-term leasing and property management—supports steady recurring income and operational control. Emphasis on commercial and community service properties tends to produce stable demand and lower churn, aiding long-term cash flow durability and asset utilization.
Negative Factors
Elevated and rising leverage
A debt-to-equity ratio near 2.6 signals high financial leverage for a property developer/operator. This raises refinancing and interest-rate sensitivity, reduces flexibility for new projects, and increases downside risk if rental cash flows or asset values soften, making capital structure management a persistent constraint.
Read all positive and negative factors
Positive Factors
Negative Factors
Integrated real estate business model
GPG's integrated model—from acquisition and project development to long-term leasing and property management—supports steady recurring income and operational control. Emphasis on commercial and community service properties tends to produce stable demand and lower churn, aiding long-term cash flow durability and asset utilization.
Read all positive factors
Genova Property Group AB (GPG) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr1.80B
Dividend Yield1.67%
Average Volume (3M)3.68K
Price to Earnings (P/E)7.8
Beta (1Y)0.32
Revenue Growth0.71%
EPS GrowthN/A
CountrySE
Employees48
SectorReal Estate
Sector Strength53
IndustryReal Estate - Services
Share Statistics
EPS (TTM)2.80
Shares Outstanding45,613,330
10 Day Avg. Volume3,004
30 Day Avg. Volume3,682
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)0.62
Price to Sales (P/S)3.56
P/FCF Ratio20.79
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr56.00Price Target Upside42.49% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)1.67
Revenue Forecast (FY)kr552.80M
Genova Property Group AB Business Overview & Revenue Model
Company Description
Genova Property Group AB (publ) operates as a property company in Sweden. It develops, owns, and manages various commercial, community service, and residential properties in Greater Stockholm and the Uppsala Region. Genova Property Group AB (publ)...
How the Company Makes Money
Genova Property Group AB generates revenue primarily through the leasing and management of its property portfolio, which includes residential units and commercial spaces. The company earns rental income from tenants occupying its properties, which...
Genova Property Group AB Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
44
Neutral
Cash Flow
58
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 514.00M | 507.80M | 503.00M | 394.70M | 319.90M |
| Gross Profit | 356.00M | 368.90M | 367.50M | 277.80M | 235.30M |
| EBITDA | 613.00M | 495.20M | -218.90M | 465.20M | 903.20M |
| Net Income | 233.00M | 124.40M | -450.80M | 223.50M | 608.70M |
Balance Sheet | |||||
| Total Assets | 12.90B | 11.65B | 11.57B | 11.98B | 9.66B |
| Cash, Cash Equivalents and Short-Term Investments | 185.00M | 151.90M | 284.50M | 257.70M | 316.00M |
| Total Debt | 7.59B | 6.59B | 6.38B | 6.42B | 5.26B |
| Total Liabilities | 9.17B | 7.51B | 7.26B | 7.38B | 5.99B |
| Stockholders Equity | 2.96B | 3.33B | 3.51B | 3.85B | 3.56B |
Cash Flow | |||||
| Free Cash Flow | 88.00M | 80.40M | 112.10M | 71.60M | 70.00M |
| Operating Cash Flow | 95.00M | 83.00M | 112.60M | 73.00M | 72.10M |
| Investing Cash Flow | -774.00M | -606.00M | -119.20M | -767.50M | -2.25B |
| Financing Cash Flow | 712.00M | 390.30M | 70.70M | 636.10M | 1.92B |
Genova Property Group AB Technical Analysis
Negative
39.30
Price Trends
40.14
Negative
40.00
Negative
39.99
Negative
Market Momentum
-0.29
Positive
45.55
Neutral
56.41
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:GPG, the sentiment is Negative. The current price of 39.3 is below the 20-day moving average (MA) of 40.06, below the 50-day MA of 40.14, and below the 200-day MA of 39.99, indicating a bearish trend. The MACD of -0.29 indicates Positive momentum. The RSI at 45.55 is Neutral, neither overbought nor oversold. The STOCH value of 56.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:GPG.
Genova Property Group AB Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | kr4.18B | 11.02 | 6.08% | 1.80% | -2.06% | ― | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
60 Neutral | kr438.04M | 9.56 | ― | 5.79% | 4.30% | ― | |
56 Neutral | kr1.80B | 7.85 | ― | 1.67% | 0.71% | ― | |
51 Neutral | kr3.09B | -38.63 | 1.13% | ― | 51.80% | ― |
* Real Estate Sector Average
SE:GPG
Genova Property Group AB
39.50
-2.12
-5.10%
SE:BRIN.B
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13.40
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-17.28%
SE:SFAST
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25.58%
SE:FNOVA.B
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16.00%
Genova Property Group AB Corporate Events
Genova Increases Share Capital Through Set-Off Issue to Landia
Feb 27, 2026
Genova Property Group AB has increased its total number of shares and votes to 46,975,629 following a set-off issue of 1,362,300 ordinary shares to Landia AB. The transaction, previously announced in December 2025, slightly dilutes existing shareh...
Genova Property Group Lifts Net Income and NAV on Growing Property Portfolio
Feb 19, 2026
Genova Property Group reported modest growth in its core property operations in 2025, with rental income rising to SEK 514 million and net operating income up 2 percent. The property portfolio increased in value to SEK 10.7 billion, while the long...
Genova Property Group to Fully Redeem SEK 195m Green Capital Securities
Jan 28, 2026
Genova Property Group AB has decided to redeem in full its subordinated perpetual green capital securities (ISIN SE0015245519) not already held by the company, corresponding to a nominal outstanding amount of SEK 195 million. The securities will b...
Genova Property Group Launches Share Buy-Back to Boost Per-Share Growth
Jan 12, 2026
Genova Property Group has launched a share buy-back programme for its ordinary shares, authorised by its 2025 Annual General Meeting, with repurchases to be conducted on Nasdaq Stockholm from 13 January 2026 until the 2026 AGM at the latest. The p...
Genova Retires Entire SEK 200 Million Convertible Bond Issue
Jan 5, 2026
Genova Property Group AB has repurchased all of its outstanding convertible bonds with ISIN SE0021630308, totaling SEK 200 million, at 104.5 percent of their nominal value, after which no convertible bonds remain in circulation. The move simplifie...
Genova issues SEK 200m green bond tap and buys back convertibles to curb dilution
Dec 18, 2025
Genova Property Group has issued SEK 200 million in additional green senior unsecured bonds maturing in September 2029 under its SEK 750 million green bond framework, bringing the total outstanding to SEK 620 million, and intends to list the new b...
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.