AB Sagax Class A (SAGA.A) AI Stock Analysis

• Market Cap: €76.48B
• Dividend Yield: 1.64%
• Average Volume (3M): 1.39K
• Price to Earnings (P/E): 21.7
• Beta (1Y): 0.90
• Revenue Growth: 11.73%
• EPS Growth: 100.56%
• Country: SE
• Employees: 98
• Sector: Real Estate
• Sector Strength: 55
• Industry: Real Estate - Services
• EPS (TTM): 2.95
• Shares Outstanding: 26,458,593
• 10 Day Avg. Volume: 1,111
• 30 Day Avg. Volume: 1,393
• PEG Ratio: >-0.01
• Price to Book (P/B): 1.87
• Price to Sales (P/S): 15.12
• P/FCF Ratio: 23.20
• 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: €236.15
• Price Target Upside: 10.87% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 72 Outperform
• Price Target: kr235.00 ▲(10.33% Upside)

AB Sagax Class A's strong financial performance, characterized by high profitability and stable financial structure, is the most significant factor in its overall score. Technical analysis suggests a neutral market trend, while valuation metrics indicate a fair market price. The absence of earnings call data and corporate events limits additional insights.

AB Sagax Class A Business Overview & Revenue Model

Company Description

AB Sagax is a Swedish real estate company that specializes in the acquisition, management, and development of properties primarily within the logistics and industrial sectors. The company focuses on creating value through strategic investments in properties that offer potential for long-term growth and stable rental income. It primarily operates in Sweden but has expanded its operations across other European countries, focusing on regions with strong economic fundamentals.

How the Company Makes Money

AB Sagax generates revenue primarily through rental income from its portfolio of logistics and industrial properties. The company's business model centers on acquiring properties in strategic locations that attract stable, long-term tenants. Additionally, Sagax engages in property development and redevelopment projects, enhancing the value of its assets and increasing rental yields. The company also benefits from capital appreciation of its property holdings, which contributes to its overall earnings. Strategic acquisitions and partnerships with key players in the real estate market further bolster its revenue streams, while effective property management ensures high occupancy rates and tenant satisfaction.

AB Sagax Class A Financial Statement Overview

Summary

AB Sagax Class A exhibits strong financial performance with robust revenue growth and high profitability margins. The balance sheet is well-capitalized, though rising debt levels require attention. Cash flow metrics indicate solid cash conversion, though capital expenditure fluctuations warrant close monitoring. Overall, the company is well-positioned but must manage leverage and cash flow volatility to sustain its financial health.

Income Statement

AB Sagax Class A has demonstrated strong revenue growth, with a notable increase in total revenue from 4.32 billion in 2023 to 5.18 billion in TTM 2025. The gross profit margin remains robust, consistently above 85%. Net profit margin is exceptional at 97.55% for TTM 2025, indicating high profitability, though a decline from previous periods. EBIT and EBITDA margins also showcase strength, underscoring operational efficiency. However, the net income has fluctuated, impacting stability.

Balance Sheet

The balance sheet of AB Sagax Class A is solid with a stable equity base, as reflected in the equity ratio of 49.73% for TTM 2025. The debt-to-equity ratio is manageable at 0.83, indicating moderate leverage. However, increasing total debt over the years poses a potential risk if not managed carefully. The return on equity is impressive at 12.31% for TTM 2025, showcasing effective utilization of shareholder funds.

Cash Flow

Strong cash flow generation is evident, with a healthy operating cash flow to net income ratio of 0.71 for TTM 2025. Free cash flow has grown consistently, though the growth rate has slowed. The free cash flow to net income ratio remains favorable at 0.58, reflecting efficient conversion of earnings into cash. Nonetheless, fluctuations in capital expenditures indicate potential volatility in cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	5.29B	5.06B	4.32B	3.73B	3.12B	2.91B
Gross Profit	4.86B	4.19B	3.55B	3.46B	2.90B	2.71B
EBITDA	4.54B	4.02B	924.00M	3.75B	10.96B	4.79B
Net Income	4.55B	5.25B	-13.00M	2.72B	9.81B	3.71B
Balance Sheet
Total Assets	84.42B	84.04B	73.41B	71.83B	62.47B	46.62B
Cash, Cash Equivalents and Short-Term Investments	561.00M	912.00M	780.00M	3.97B	4.86B	762.00M
Total Debt	36.62B	35.68B	30.80B	32.67B	26.74B	20.22B
Total Liabilities	43.20B	42.24B	36.83B	38.37B	31.39B	24.17B
Stockholders Equity	40.42B	40.94B	36.58B	33.46B	31.08B	22.45B
Cash Flow
Free Cash Flow	2.88B	3.30B	3.31B	3.17B	2.36B	2.55B
Operating Cash Flow	3.51B	3.35B	3.56B	3.23B	2.38B	2.56B
Investing Cash Flow	-5.71B	-5.73B	-4.75B	-5.90B	-7.02B	-5.54B
Financing Cash Flow	-808.00M	2.64B	1.14B	2.67B	4.70B	2.93B

AB Sagax Class A Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 213.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SAGA.A, the sentiment is Positive. The current price of 213 is above the 20-day moving average (MA) of 212.95, above the 50-day MA of 212.58, and below the 200-day MA of 219.41, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 50.11 is Neutral, neither overbought nor oversold. The STOCH value of 56.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:SAGA.A.

AB Sagax Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SAGA.A	72 Outperform	€76.48B	21.75		1.64%	11.73%	100.56%
WIHL	67 Neutral	kr30.16B	15.95	8.38%	3.27%	5.54%	4011.70%
PNDX.B	66 Neutral	kr34.64B	25.62	4.29%	2.40%	1.21%	158.02%
BALD.B	66 Neutral	kr82.28B	12.62	7.43%	―	7.80%	―
WALL.B	63 Neutral	kr29.95B	32.17	3.00%	1.11%	-6.05%	628.62%
Sector *	61 Neutral	kr18.34B	20.13	2.74%	2.56%	2.24%	140.90%
CAST	60 Neutral	kr53.75B	21.01	3.95%	1.10%	-2.31%	―