Hufvudstaden AB (SE:HUFV.A)
:HUFV.A
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Hufvudstaden AB
(HUFV.A)
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Rating:70Outperform
Price Target:
kr139.00
▲(13.19% Upside)
Action:UpgradedDate:02/18/26
The score is driven primarily by improving financial performance in 2025 (strong revenue growth, solid profitability, positive free cash flow) and a constructive technical setup with price above major moving averages. These positives are tempered by elevated valuation (P/E ~30.3), rising leverage, and historically volatile earnings.
Positive Factors
Revenue and profitability rebound
A sharp 2025 revenue acceleration and a ~25% net margin indicate the business regained top-line momentum and operating leverage. Durable higher revenues and margins improve cash generation, support reinvestment in assets, and increase resilience to cyclical downturns over the coming 2–6 months.
Negative Factors
Rising leverage trend
An upward drift in leverage reduces financial headroom and increases interest and refinancing sensitivity. If rates rise or rental growth slows, higher leverage raises default and covenant risk, constraining capital allocation and increasing long-term funding costs relative to peers.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and profitability rebound
A sharp 2025 revenue acceleration and a ~25% net margin indicate the business regained top-line momentum and operating leverage. Durable higher revenues and margins improve cash generation, support reinvestment in assets, and increase resilience to cyclical downturns over the coming 2–6 months.
Read all positive factors
Hufvudstaden AB (HUFV.A) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr23.25B
Dividend Yield2.27%
Average Volume (3M)320.06K
Price to Earnings (P/E)29.7
Beta (1Y)0.33
Revenue Growth1.72%
EPS GrowthN/A
CountrySE
Employees248
SectorReal Estate
Sector Strength53
IndustryReal Estate - Diversified
Share Statistics
EPS (TTM)1.41
Shares Outstanding203,401,430
10 Day Avg. Volume158,823
30 Day Avg. Volume320,057
Financial Highlights & Ratios
PEG Ratio0.22
Price to Book (P/B)0.89
Price to Sales (P/S)7.54
P/FCF Ratio18.78
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
kr136.00Price Target Upside10.75% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)5.65
Revenue Forecast (FY)kr2.68B
Hufvudstaden AB Business Overview & Revenue Model
Company Description
Hufvudstaden AB (HUFV.A) is a leading real estate company based in Sweden, primarily focused on the development, management, and leasing of commercial properties. The company operates in key sectors, including office spaces, retail properties, and...
How the Company Makes Money
Hufvudstaden generates revenue primarily through rental income from its extensive portfolio of commercial properties, which includes office buildings and retail spaces. The company leases these properties to various tenants, including businesses a...
Hufvudstaden AB Financial Statement Overview
Summary
Income Statement
71
Positive
Balance Sheet
78
Positive
Cash Flow
74
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.29B | 3.18B | 2.96B | 2.75B | 2.64B |
| Gross Profit | 1.64B | 1.55B | 1.47B | 1.35B | 1.34B |
| EBITDA | 1.58B | 1.56B | 1.47B | 1.11B | 3.89B |
| Net Income | 836.60M | 364.60M | -1.93B | 722.00M | 2.96B |
Balance Sheet | |||||
| Total Assets | 50.19B | 48.87B | 48.44B | 51.24B | 51.10B |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 472.60M | 382.40M | 453.00M | 1.18B |
| Total Debt | 12.38B | 10.54B | 10.13B | 9.71B | 9.92B |
| Total Liabilities | 22.33B | 20.27B | 19.66B | 19.97B | 20.03B |
| Stockholders Equity | 27.86B | 28.61B | 28.79B | 31.26B | 31.07B |
Cash Flow | |||||
| Free Cash Flow | 1.32B | 1.22B | 1.32B | 972.70M | 978.80M |
| Operating Cash Flow | 1.32B | 1.24B | 1.39B | 1.02B | 994.30M |
| Investing Cash Flow | -1.18B | -991.10M | -1.30B | -1.02B | -628.30M |
| Financing Cash Flow | -42.10M | -154.00M | -154.90M | -735.50M | 32.40M |
Hufvudstaden AB Technical Analysis
Negative
122.80
Price Trends
121.58
Negative
121.92
Negative
121.50
Negative
Market Momentum
-0.92
Negative
48.28
Neutral
72.61
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:HUFV.A, the sentiment is Negative. The current price of 122.8 is above the 20-day moving average (MA) of 119.60, above the 50-day MA of 121.58, and above the 200-day MA of 121.50, indicating a neutral trend. The MACD of -0.92 indicates Negative momentum. The RSI at 48.28 is Neutral, neither overbought nor oversold. The STOCH value of 72.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:HUFV.A.
Hufvudstaden AB Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | kr23.25B | 29.65 | 3.94% | 2.27% | 1.72% | ― | |
67 Neutral | kr26.56B | 12.64 | 9.74% | 3.60% | 5.18% | 349.60% | |
66 Neutral | kr27.03B | 10.43 | 6.07% | 1.25% | -5.96% | ― | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
62 Neutral | kr68.14B | 10.65 | 10.31% | ― | 7.72% | ― | |
58 Neutral | kr18.89B | 25.45 | 3.82% | 2.20% | -1.77% | 1579.70% | |
54 Neutral | kr53.42B | 55.83 | 1.27% | 1.77% | -2.45% | ― |
* Real Estate Sector Average
SE:HUFV.A
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Hufvudstaden AB Corporate Events
Hufvudstaden Publishes 2025 Annual Report and Sets English Release Date
Feb 16, 2026
Hufvudstaden AB has published its 2025 annual report in Swedish on the company’s website, with tables and figures to be made available in both Swedish and English online. A full English version of the report will be released on the site by T...
Hufvudstaden Lifts Profit and Portfolio Value on Strong Office and Retail Demand
Feb 12, 2026
Hufvudstaden reported a resilient 2025, increasing rent revenue from property management by 6% to SEK 2,453 million and lifting group gross profit by 5% to SEK 1,635 million despite a weak macroeconomic environment. The property portfolio’s ...
Hufvudstaden Reports Minor Share Conversion and Voting Rights Adjustment
Dec 30, 2025
Hufvudstaden AB has reported a minor change in its share capital structure following the conversion of 10 series C shares into series A shares in December 2025, in line with a conversion right introduced at the 2001 Annual General Meeting. As a re...
Hufvudstaden Completes Significant Share Buyback
Nov 24, 2025
Hufvudstaden AB has completed a share buyback program, acquiring 8,000,000 Class A shares between August 26 and November 11, 2025, at an average price of SEK 127.22 per share, totaling SEK 1,018 million. This buyback increases the company’s ...
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.