K-Fast Holding AB Class B (KFAST.B) AI Stock Analysis

• Market Cap: kr3.41B
• Dividend Yield: N/A
• Average Volume (3M): 208.06K
• Price to Earnings (P/E): 98.5
• Beta (1Y): 0.89
• Revenue Growth: 44.40%
• EPS Growth: 64.16%
• Country: SE
• Employees: 565
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.20
• Shares Outstanding: 223,493,160
• 10 Day Avg. Volume: 268,796
• 30 Day Avg. Volume: 208,057
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: kr14.54
• Price Target Upside: -4.70% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 43 Neutral
• Price Target: kr14.50 ▼(-4.98% Downside)

The overall score is primarily impacted by financial performance challenges, including high leverage and negative profitability. Technical analysis suggests neutral momentum, while valuation metrics are unattractive due to negative earnings.

K-Fast Holding AB Class B Business Overview & Revenue Model

Company Description

K-Fast Holding AB Class B (KFAST.B) is a Sweden-based real estate company focused on the development, construction, and management of residential properties. The company operates primarily in the housing sector, offering a range of residential units, including apartments and townhouses, designed to meet the growing demand for quality living spaces in urban areas. K-Fast's business model is vertically integrated, allowing it to oversee the entire process from land acquisition to property management, ensuring high standards of quality and efficiency.

How the Company Makes Money

K-Fast Holding AB makes money through the development and sale of residential properties, as well as the leasing and management of rental units. The company's revenue streams include proceeds from the sale of newly constructed homes and ongoing rental income from its portfolio of managed properties. K-Fast employs a build-and-hold strategy for part of its developments, maintaining ownership of certain properties to generate steady rental income. Additionally, the company benefits from economies of scale due to its vertically integrated operations and strategic land acquisitions, which help optimize costs and maximize profitability. Strategic partnerships with construction firms and suppliers also contribute to its ability to deliver projects efficiently and cost-effectively.

K-Fast Holding AB Class B Financial Statement Overview

Summary

K-Fast Holding AB Class B shows revenue growth but struggles with profitability and cash flow. High leverage and negative returns on equity indicate financial risks.

Income Statement

K-Fast Holding AB Class B has shown a mixed performance in its income statement. The company experienced a revenue growth rate of 18.35% in the TTM, indicating positive growth momentum. However, the net profit margin is negative at -5.07%, reflecting challenges in profitability. The gross profit margin of 42.38% is healthy, but the EBIT margin has decreased to 35.53% from higher levels in previous years, suggesting increased operational costs or reduced efficiency.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 3.01, indicating significant leverage and potential financial risk. The return on equity is negative at -1.46%, highlighting inefficiencies in generating returns for shareholders. The equity ratio stands at 19.38%, suggesting a moderate level of equity financing relative to total assets.

Cash Flow

Cash flow analysis shows concerning trends with negative operating cash flow and free cash flow in the TTM. The free cash flow to net income ratio is high at 79.09%, but this is due to negative net income, which distorts the ratio. The company faces challenges in converting its earnings into cash, which could impact its liquidity and financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.48B	1.15B	1.09B	1.39B	1.24B	214.10M
Gross Profit	627.70M	498.20M	395.80M	302.50M	267.10M	144.20M
EBITDA	600.00M	669.60M	323.30M	978.20M	1.40B	688.20M
Net Income	-75.10M	74.80M	-398.10M	907.40M	1.04B	474.50M
Balance Sheet
Total Assets	26.21B	17.47B	16.81B	15.27B	11.48B	7.66B
Cash, Cash Equivalents and Short-Term Investments	87.50M	9.50M	5.80M	35.40M	94.00M	507.60M
Total Debt	15.29B	10.32B	10.12B	8.46B	5.94B	3.85B
Total Liabilities	18.46B	12.16B	11.71B	10.10B	7.25B	4.45B
Stockholders Equity	5.08B	5.21B	5.05B	5.15B	4.23B	3.21B
Cash Flow
Free Cash Flow	-1.58B	-1.37B	192.40M	-1.82B	-1.05B	-901.90M
Operating Cash Flow	-20.00M	30.70M	203.60M	150.10M	325.30M	-64.40M
Investing Cash Flow	-462.50M	-653.00M	-2.31B	-2.75B	-2.52B	-1.89B
Financing Cash Flow	530.70M	625.90M	2.08B	2.54B	1.78B	1.68B

K-Fast Holding AB Class B Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.26
• 50DMA: Negative
• 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:KFAST.B, the sentiment is Positive. The current price of 15.26 is below the 20-day moving average (MA) of 15.33, above the 50-day MA of 15.20, and above the 200-day MA of 14.86, indicating a neutral trend. The MACD of -0.20 indicates Positive momentum. The RSI at 48.39 is Neutral, neither overbought nor oversold. The STOCH value of 59.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:KFAST.B.

K-Fast Holding AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$7.11B	13.20	-0.32%	6.85%	4.02%	-23.53%
KFAST.B	43 Neutral	kr3.41B	98.49	-1.49%	―	44.40%	64.16%
075	―	€339.06M	84.50	0.37%	―	―	―
6XXH	―	€364.51M	17.01	4.06%	―	―	―
733	―	€120.15M	11.11	5.30%	―	―	―
GPG	64 Neutral	kr1.84B	14.40		1.09%	-0.16%	―
EAST	―	kr4.57B	14.38		2.55%	―	―

K-Fast Holding AB Class B Corporate Events

K-Fast Holding AB Reports Mixed Financial Results and Strategic Moves in H1 2025

K-Fast Holding AB reported a mixed financial performance for the first half of 2025, with significant growth in property management income due to the consolidation of Brinova Fastigheter AB. However, the company faced challenges in its construction segment, with lower profits attributed to fewer construction starts. The company made strategic divestments and acquisitions, including a significant property portfolio sale in Gothenburg, which is expected to enhance liquidity and support future growth. Additionally, K-Fastigheter issued green bonds to refinance existing debt, aligning with its commitment to sustainable construction.

K-Fast Holding AB to Present Interim Report for H1 2025

K-Fast Holding AB is set to release its interim report for the first half of 2025 on July 22nd, which will be presented by the CEO and CFO in a pre-recorded audio cast. This announcement highlights the company’s ongoing commitment to transparency and communication with stakeholders, reflecting its strategic focus on enhancing operational efficiency and expanding its market presence in the Öresund region.

K-Fast Holding AB Divests Gothenburg Property Portfolio in Strategic Move

K-Fast Holding AB has finalized an agreement to divest a property portfolio in the Gothenburg area to an institutional investor. The transaction, valued at SEK 1,888 million, is expected to provide a net liquidity contribution of SEK 592 million, which will be used to strengthen the company’s balance sheet and enable new construction starts. The deal highlights the competitiveness of K-Fastigheter’s concept houses and marks a strategic focus on its contracting business, with plans to expand through a joint venture with the investor to manage and grow a property fund.

K-Fast Holding AB Issues SEK 500 Million in Green Bonds

K-Fast Holding AB has successfully issued SEK 500 million in senior unsecured green bonds, marking a significant milestone in its financial strategy. The proceeds will be used to finance or refinance green properties under the company’s Green Financing Framework, enhancing its financial position and supporting future growth. The bonds are primarily allocated to Nordic institutional investors and are expected to be listed on Nasdaq Stockholm within a year.

K-Fast Holding AB Explores Green Bond Issuance

K-Fast Holding AB is exploring the issuance of a SEK 500 million Senior Unsecured Green Bond, with a total framework of SEK 1 billion, to finance or refinance green properties as per its Green Finance Framework. The potential bond issuance, facilitated by ABG Sundal Collier and DNB Carnegie, underscores K-Fastigheter’s commitment to sustainable investments and could enhance its market positioning in the green finance sector.