NP3 Fastigheter AB (NP3) AI Stock Analysis

• Market Cap: kr15.95B
• Dividend Yield: 1.39%
• Average Volume (3M): 36.70K
• Price to Earnings (P/E): 18.3
• Beta (1Y): 0.75
• Revenue Growth: 12.88%
• EPS Growth: 208.09%
• Country: SE
• Employees: 71
• Sector: Real Estate
• Sector Strength: 48
• Industry: Real Estate - Services
• EPS (TTM): 3.87
• Shares Outstanding: 61,580,795
• 10 Day Avg. Volume: 35,490
• 30 Day Avg. Volume: 36,701
• PEG Ratio: -0.04
• Price to Book (P/B): 1.57
• Price to Sales (P/S): 7.42
• P/FCF Ratio: 17.11
• 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: kr262.33
• Price Target Upside: 2.27% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 72 Outperform
• Price Target: kr291.00 ▲(13.45% Upside)

NP3 Fastigheter AB's strong financial performance, characterized by high profitability and a stable balance sheet, is the most significant factor driving the score. Technical analysis indicates a neutral to slightly bearish short-term outlook, while valuation metrics suggest the stock is fairly priced. The absence of earnings call and corporate events data limits additional insights.

NP3 Fastigheter AB Business Overview & Revenue Model

Company Description

NP3 Fastigheter AB (publ), a real estate company, rents commercial real properties. The company's real estate portfolio consists of commercial, industrial, logistics, office, and other properties, which include housing, restaurants, storage rooms, and gym, as well as hotels and community properties, such as schools located in Sundsvall, Gävle, Dalarna, Östersund, Umeå, Skellefteå, Luleå, and Central Sweden. As of December 30, 2021, it owned approximately 1,784,000 square meters of lettable area. The company was founded in 2007 and is headquartered in Sundsvall, Sweden.

How the Company Makes Money

NP3 generates revenue primarily through rental income from its diverse portfolio of commercial properties. The company leases space to various tenants, including logistics operators, office users, and retail businesses, which provides a steady cash flow. Additionally, NP3 earns income from property management services and may also engage in property development projects that can lead to increased asset value and profitability. Strategic partnerships with local municipalities and businesses further enhance its ability to secure long-term leases and investment opportunities, contributing to its overall financial performance.

NP3 Fastigheter AB Financial Statement Overview

Summary

NP3 Fastigheter AB displays strong financial health with impressive profitability and growth metrics. Income statement highlights include a robust net profit margin of 46% and high operational efficiency, as reflected by EBIT and EBITDA margins above 80%. The balance sheet shows balanced leverage with a debt-to-equity ratio of 1.35 and a solid return on equity of 9.72%. Cash flow management is effective, though free cash flow allocation could be improved.

Income Statement

NP3 Fastigheter AB shows strong revenue growth with a 14.5% increase from 2023 to TTM (Trailing-Twelve-Months). The gross profit margin is robust at 76%, and the net profit margin is solid at 46%. EBIT and EBITDA margins are exceptionally high at 80.6% and 91.1%, respectively, indicating excellent operational efficiency. However, fluctuations in net income over recent years suggest potential volatility.

Balance Sheet

The debt-to-equity ratio stands at 1.35, indicating a balanced leverage level for the real estate sector. The return on equity is strong at 9.72%, showing effective use of equity. The equity ratio of 38.5% reflects a reasonable proportion of equity financing, suggesting financial stability. Continued monitoring of debt levels is advisable to maintain this balance.

Cash Flow

Operating cash flow is healthy, and free cash flow demonstrates positive growth. The operating cash flow to net income ratio is 1.14, indicating efficient cash generation relative to net income. However, the free cash flow to net income ratio of 0.87 suggests that a portion of earnings is tied up in non-cash expenses or capital expenditures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.13B	1.99B	1.80B	1.55B	1.24B	1.09B
Gross Profit	1.63B	1.51B	1.35B	1.15B	913.00M	818.00M
EBITDA	1.66B	1.43B	1.28B	1.56B	859.00M	766.00M
Net Income	949.00M	914.00M	-62.00M	1.22B	2.02B	659.00M
Balance Sheet
Total Assets	25.87B	24.60B	21.89B	21.85B	18.72B	13.35B
Cash, Cash Equivalents and Short-Term Investments	197.00M	245.00M	696.00M	213.00M	272.00M	119.00M
Total Debt	13.25B	12.73B	12.09B	12.35B	10.47B	7.67B
Total Liabilities	15.97B	15.04B	14.04B	14.19B	11.97B	8.71B
Stockholders Equity	9.87B	9.44B	7.82B	7.62B	6.70B	4.63B
Cash Flow
Free Cash Flow	607.00M	864.00M	563.00M	723.00M	571.00M	350.00M
Operating Cash Flow	766.00M	864.00M	563.00M	723.00M	571.00M	545.00M
Investing Cash Flow	-3.35B	-2.50B	-632.00M	-2.35B	-3.24B	-1.16B
Financing Cash Flow	2.52B	1.55B	48.00M	1.56B	2.83B	526.00M

NP3 Fastigheter AB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 256.50
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NP3, the sentiment is Neutral. The current price of 256.5 is below the 20-day moving average (MA) of 263.03, below the 50-day MA of 261.80, and above the 200-day MA of 249.20, indicating a neutral trend. The MACD of -1.13 indicates Positive momentum. The RSI at 45.89 is Neutral, neither overbought nor oversold. The STOCH value of 16.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SE:NP3.

NP3 Fastigheter AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NP3	72 Outperform	kr15.95B	18.31	10.68%	1.39%	12.88%	208.09%
DIOS	65 Neutral	€9.13B	18.84	4.19%	1.70%	1.57%	―
PLAZ.B	64 Neutral	kr8.33B	20.51	2.99%	1.51%	10.30%	―
ATRLJ.B	63 Neutral	€20.25B	28.41	2.52%	2.23%	-0.76%	-63.31%
Sector *	63 Neutral	$6.82B	13.32	-1.02%	7.20%	3.67%	-27.43%
CIBUS	62 Neutral	€12.99B	27.82	5.38%	5.90%	10.88%	―
NYF	46 Neutral	kr17.64B	115.24	0.82%	0.82%	1.70%	―