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Platzer Fastigheter Holding AB Class B (SE:PLAZ.B)
:PLAZ.B

Platzer Fastigheter Holding AB (PLAZ.B) AI Stock Analysis

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SE:PLAZ.B

Platzer Fastigheter Holding AB

(PLAZ.B)

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Neutral 60 (OpenAI - 5.2)
Rating:60Neutral
Price Target:
kr78.00
▲(2.63% Upside)
Action:DowngradedDate:02/01/26
Overall score reflects a workable but uneven financial profile—especially volatile revenue/profits and choppy free cash flow—partly offset by a moderately positive technical setup (trading above key moving averages) and a reasonable valuation (P/E ~12.7 with a ~2.8% dividend yield).
Positive Factors
High property-level margins
Sustained gross and EBIT margins indicate the core leasing business generates strong operating cash flows relative to revenue. For a commercial landlord this reflects effective rent pricing and cost control across assets, supporting resiliency through market cycles and funding for maintenance and selective growth.
Negative Factors
Volatile revenue and earnings
Large swings in top-line and net results reduce predictability of cash available for dividends and investments. Such volatility—driven by non-operating items and cyclical exposures—weakens forecasting, raises sensitivity to macro shocks, and complicates long-term capital allocation decisions for management.
Read all positive and negative factors
Positive Factors
Negative Factors
High property-level margins
Sustained gross and EBIT margins indicate the core leasing business generates strong operating cash flows relative to revenue. For a commercial landlord this reflects effective rent pricing and cost control across assets, supporting resiliency through market cycles and funding for maintenance and selective growth.
Read all positive factors

Platzer Fastigheter Holding AB (PLAZ.B) vs. iShares MSCI Sweden ETF (EWD)

Platzer Fastigheter Holding AB Business Overview & Revenue Model

Company Description
Platzer Fastigheter Holding AB (publ) operates as a commercial real estate company in Sweden. It owns, develops, leases, and manages commercial properties, which primarily include offices, industrial/warehouses, logistics and retail facilities. Th...
How the Company Makes Money
Platzer Fastigheter generates revenue primarily through leasing and rental income from its diverse portfolio of commercial properties. The company leases space to various tenants, including businesses in the office, retail, and industrial sectors,...

Platzer Fastigheter Holding AB Financial Statement Overview

Summary
Mixed fundamentals: revenue was inconsistent with a sharp decline in 2025 (~-28.5%), profitability has been volatile (large loss in 2023 then recovery in 2024–2025), and leverage remains meaningful. Cash flow is the key weakness, with free cash flow swinging materially and deteriorating to ~zero in 2025, reducing confidence in dividend/debt funding resilience.
Income Statement
63
Positive
Balance Sheet
58
Neutral
Cash Flow
46
Neutral
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.75B1.67B1.45B1.23B1.20B
Gross Profit1.38B1.31B1.13B940.00M923.00M
EBITDA1.30B1.25B1.07B898.00M2.32B
Net Income698.00M355.00M-943.00M3.03B1.71B
Balance Sheet
Total Assets31.60B32.02B29.77B29.46B26.96B
Cash, Cash Equivalents and Short-Term Investments156.00M391.00M167.00M217.00M171.00M
Total Debt14.96B15.87B13.98B11.85B12.46B
Total Liabilities18.38B19.42B17.29B15.47B15.89B
Stockholders Equity13.22B12.60B12.48B14.00B11.07B
Cash Flow
Free Cash Flow0.00925.00M604.00M-626.00M675.00M
Operating Cash Flow611.00M925.00M604.00M616.00M686.00M
Investing Cash Flow394.00M-2.33B-2.49B1.24B-2.33B
Financing Cash Flow-1.24B1.63B1.83B-1.81B1.67B

Platzer Fastigheter Holding AB Technical Analysis

Technical Analysis Sentiment
Negative
Last Price76.00
Price Trends
50DMA
72.30
Negative
100DMA
71.92
Negative
200DMA
71.28
Negative
Market Momentum
MACD
-1.60
Positive
RSI
36.01
Neutral
STOCH
20.63
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:PLAZ.B, the sentiment is Negative. The current price of 76 is above the 20-day moving average (MA) of 71.82, above the 50-day MA of 72.30, and above the 200-day MA of 71.28, indicating a bearish trend. The MACD of -1.60 indicates Positive momentum. The RSI at 36.01 is Neutral, neither overbought nor oversold. The STOCH value of 20.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:PLAZ.B.

Platzer Fastigheter Holding AB Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
76
Outperform
kr4.06B11.026.08%1.80%-2.06%
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
60
Neutral
kr7.99B7.195.43%2.91%8.42%
51
Neutral
kr2.92B-38.631.13%51.80%
49
Neutral
kr6.24B-1.698.13%-6.30%52.27%
45
Neutral
kr6.24B-1.69-8.81%2.28%-6.30%52.27%
44
Neutral
kr6.24B-4.58-11.80%-11.38%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SE:PLAZ.B
Platzer Fastigheter Holding AB
66.70
-7.24
-9.79%
SE:BRIN.B
Brinova Fastigheter AB Class B
12.70
-3.80
-23.03%
SE:SFAST
Stenhus Fastigheter i Norden AB
11.72
0.94
8.68%
SE:CORE.A
Corem Property Group AB Class A
3.55
-1.34
-27.36%
SE:SBB.B
Samhallsbyggnadsbolaget I Norden AB Class B
3.57
0.09
2.59%
SE:CORE.D
Corem Property Group AB Class D
239.50
35.42
17.36%

Platzer Fastigheter Holding AB Corporate Events

Platzer Lifts Earnings and Dividend as Gothenburg Property Portfolio Holds Firm
Jan 30, 2026
Platzer reported steady full-year 2025 growth, with rental income up 5% to SEK 1,747 million and income from property management up 11% to SEK 795 million, while the operating surplus also grew 5%. Despite slightly negative net lettings for the ye...
Platzer Fastigheter Announces Share Repurchase Plan
Dec 10, 2025
Platzer Fastigheter Holding AB has announced a decision to repurchase its own Class B shares, utilizing the authorization from the Annual General Meeting. This move aims to adjust the capital structure, enhance shareholder value, and support the c...
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.Date of analysis: Feb 01, 2026