NP3 Fastigheter AB (NP3) AI Stock Analysis

• Market Cap: kr15.64B
• Dividend Yield: 1.69%
• Average Volume (3M): 60.44K
• Price to Earnings (P/E): 14.4
• Beta (1Y): 0.69
• Revenue Growth: 14.33%
• EPS Growth: 204.60%
• Country: SE
• Employees: 71
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 4.50
• Shares Outstanding: 61,580,795
• 10 Day Avg. Volume: 74,310
• 30 Day Avg. Volume: 60,438
• 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: kr285.00
• Price Target Upside: 13.10% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: kr287.00 ▲(13.89% Upside)

NP3 Fastigheter AB's overall stock score is driven by its strong financial performance, characterized by robust profitability and efficient operations. The valuation is reasonable, with a fair P/E ratio and a modest dividend yield. Technical analysis presents mixed signals, with short-term bullish momentum but potential overbought conditions. The absence of earnings call data and corporate events does not impact the score.

Positive Factors

Revenue Growth

Steady revenue growth reflects a strong market position and effective business model, supporting long-term stability and expansion.

Cash Generation

Strong cash generation enhances financial flexibility, enabling reinvestment in growth opportunities and resilience against economic fluctuations.

Operational Efficiency

High operational efficiency demonstrates effective cost management and competitive advantage, supporting sustained profitability.

Negative Factors

Net Profit Margin Decline

A declining net profit margin may indicate rising costs or pricing pressures, potentially impacting long-term profitability.

Debt Levels

While debt is managed, maintaining control is crucial to avoid financial strain and ensure continued investment capacity.

Net Income Growth Pressure

Pressure on net income growth could limit reinvestment and shareholder returns, affecting long-term strategic objectives.

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 exhibits strong financial health with robust profitability, efficient operations, and solid cash flow management. The company maintains a balanced leverage position, supporting its growth trajectory in the real estate services industry. While profitability remains high, attention to maintaining net income growth and managing debt levels will be crucial for sustaining long-term success.

Income Statement

NP3 Fastigheter AB demonstrates strong profitability with a consistent gross profit margin around 76% and a robust net profit margin of 44.6% in the TTM. Revenue growth is steady at 3.8% TTM, indicating healthy expansion. EBIT and EBITDA margins are impressive, both exceeding 77%, showcasing operational efficiency. However, the net profit margin has declined from previous highs, suggesting some pressure on net income growth.

Balance Sheet

The company's balance sheet reflects a moderate debt-to-equity ratio of 1.34, indicating a balanced approach to leveraging. Return on equity is stable at 10%, showing effective use of equity to generate profits. The equity ratio stands at 38.6%, suggesting a solid equity base relative to total assets. While leverage is under control, the company should monitor debt levels to maintain financial stability.

Cash Flow

NP3 Fastigheter AB's cash flow is strong, with a 15.7% growth in free cash flow TTM, indicating improved cash generation capabilities. The operating cash flow to net income ratio is 0.40, reflecting adequate cash flow relative to profits. The free cash flow to net income ratio of 0.79 suggests efficient conversion of profits into cash. Continued focus on cash flow management will support future growth and financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.21B	1.99B	1.80B	1.55B	1.24B	1.09B
Gross Profit	1.69B	1.51B	1.35B	1.15B	913.00M	818.00M
EBITDA	1.72B	1.43B	707.00M	1.56B	859.00M	766.00M
Net Income	1.18B	914.00M	-62.00M	1.22B	2.02B	659.00M
Balance Sheet
Total Assets	26.41B	24.60B	21.89B	21.85B	18.72B	13.35B
Cash, Cash Equivalents and Short-Term Investments	373.00M	245.00M	696.00M	213.00M	272.00M	119.00M
Total Debt	13.62B	12.73B	12.09B	12.35B	10.47B	7.67B
Total Liabilities	16.17B	15.04B	14.04B	14.19B	11.97B	8.71B
Stockholders Equity	10.21B	9.44B	7.82B	7.62B	6.70B	4.63B
Cash Flow
Free Cash Flow	702.00M	864.00M	563.00M	723.00M	571.00M	350.00M
Operating Cash Flow	714.00M	864.00M	563.00M	723.00M	571.00M	545.00M
Investing Cash Flow	-3.27B	-2.50B	-632.00M	-2.35B	-3.24B	-1.16B
Financing Cash Flow	2.64B	1.55B	48.00M	1.56B	2.83B	526.00M

NP3 Fastigheter AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 252.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NP3, the sentiment is Positive. The current price of 252 is above the 20-day moving average (MA) of 251.87, below the 50-day MA of 254.15, and above the 200-day MA of 251.09, indicating a bullish trend. The MACD of -0.08 indicates Negative momentum. The RSI at 58.23 is Neutral, neither overbought nor oversold. The STOCH value of 91.76 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:NP3.

NP3 Fastigheter AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PLAZ.B	75 Outperform	$9.00B	12.76	5.26%	2.95%	8.42%	―
NP3	73 Outperform	kr15.64B	14.39	12.28%	1.69%	14.33%	204.60%
CIBUS	66 Neutral	€13.57B	27.02	8.13%	6.24%	20.75%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
NYF	57 Neutral	€16.33B	28.34	3.19%	1.83%	0.03%	―
FABG	54 Neutral	kr25.86B	90.41	0.76%	2.38%	-3.46%	―
CORE.A	46 Neutral	€7.35B	―	-8.81%	2.38%	-6.30%	52.27%