Samhallsbyggnadsbolaget I Norden AB Class B (SBB.B) AI Stock Analysis

• Market Cap: kr9.40B
• Dividend Yield: 18.24%
• Average Volume (3M): 27.61M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.51
• Revenue Growth: -30.32%
• EPS Growth: 79.30%
• Country: SE
• Employees: 223
• Sector: Real Estate
• Sector Strength: 63
• Industry: Real Estate - Services
• EPS (TTM): 0.45
• Shares Outstanding: 1,244,638,200
• 10 Day Avg. Volume: 18,876,757
• 30 Day Avg. Volume: 27,609,256
• PEG Ratio: 0.03
• Price to Book (P/B): 0.69
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 30.25
• 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: kr4.50
• Price Target Upside: -29.08% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1

• Rating: 51 Neutral
• Price Target: kr6.00 ▼(-5.51%Downside)

The financial performance of Samhallsbyggnadsbolaget I Norden AB is the most significant factor impacting the overall stock score, reflecting deep financial challenges and high leverage. Technical analysis suggests a potential for short-term gains due to strong momentum, but caution is advised due to overbought conditions. The high dividend yield provides some appeal, though it is overshadowed by financial instability.

Samhallsbyggnadsbolaget I Norden AB Class B Business Overview & Revenue Model

Company Description

Samhallsbyggnadsbolaget I Norden AB Class B (SBB.B) is a Sweden-based real estate company specializing in owning, managing, and developing residential and community service properties across the Nordic region. The company's portfolio encompasses a wide range of properties, including schools, healthcare facilities, and municipal buildings, as well as residential real estate, making it a significant player in the Nordic real estate sector.

How the Company Makes Money

SBB.B generates revenue primarily through rental income from its extensive property portfolio, which includes both residential units and community service properties. The company's business model is centered around acquiring and developing properties with stable, long-term leases, often with government or municipal tenants, ensuring a steady and predictable cash flow. Additionally, SBB.B engages in property development and sales activities, which can provide significant capital gains and boost overall profitability. Strategic partnerships and acquisitions in the real estate sector further contribute to the company's growth and earnings.

Samhallsbyggnadsbolaget I Norden AB Class B Financial Statement Overview

Summary

Samhallsbyggnadsbolaget I Norden AB is experiencing financial distress, evidenced by declining revenues, negative profitability, high leverage, and poor cash flow management. The company's real estate operations are under pressure, with significant losses impacting financial stability. The high debt levels pose risks to financial health, and the negative trends in cash flow generation may challenge future growth prospects.

Income Statement

The company has experienced a significant decline in revenue and profitability. Gross profit margin is relatively high at 69.3% for 2024 but has decreased from previous years. The net profit margin is negative, reflecting substantial losses, with net income showing a significant decline year-over-year. Revenue growth has been negative for the past two years, indicating a challenging environment for the company. The EBIT margin is positive at 69.4%, but the EBITDA margin is negative due to high depreciation and amortization expenses, signaling operational inefficiencies.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio of 2.70, suggesting significant leverage. The equity ratio stands at 24.0%, indicating that a substantial portion of assets is financed by debt. Return on equity is negative, reflecting the company's inability to generate returns for shareholders. The decline in total assets and equity over the years highlights potential financial distress and asset liquidation.

Cash Flow

The company is facing challenges in cash flow management, with a negative operating cash flow in 2024. Free cash flow has turned negative, indicating an inability to generate cash from operations to cover capital expenditures. The operating cash flow to net income ratio is negative, and free cash flow to net income ratio is also unfavorable, reflecting inefficiencies in translating earnings into cash.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
3.71B	4.58B	7.45B	5.93B	5.12B
	Gross Profit
2.57B	3.21B	4.86B	4.06B	3.48B
	EBIT
2.57B	2.30B	4.43B	28.00B	11.90B
	EBITDA
-5.77B	-20.40B	-14.23B	28.01B	11.91B
	Net Income Common Stockholders
-6.03B	-22.05B	-11.10B	24.58B	8.60B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
2.88B	4.23B	3.71B	9.89B	13.61B
	Total Assets
86.86B	108.11B	168.37B	194.52B	120.23B
	Total Debt
56.30B	62.49B	87.91B	88.63B	55.88B
	Net Debt
53.81B	58.66B	84.63B	78.80B	42.27B
	Total Liabilities
60.28B	70.98B	105.04B	111.55B	68.09B
	Stockholders Equity
20.81B	34.68B	60.64B	78.90B	51.73B
Cash Flow		Free Cash Flow
-270.00M	1.27B	1.39B	4.59B	-7.09B
	Operating Cash Flow
-226.00M	1.35B	2.12B	4.62B	-7.00B
	Investing Cash Flow
8.35B	10.13B	-1.09B	-47.96B	-3.78B
	Financing Cash Flow
-9.49B	-12.05B	-6.44B	39.55B	11.55B

Samhallsbyggnadsbolaget I Norden AB Class B Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 6.35
• 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:SBB.B, the sentiment is Positive. The current price of 6.35 is above the 20-day moving average (MA) of 5.69, above the 50-day MA of 4.49, and above the 200-day MA of 4.98, indicating a bullish trend. The MACD of 0.49 indicates Negative momentum. The RSI at 68.68 is Neutral, neither overbought nor oversold. The STOCH value of 82.20 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:SBB.B.

Samhallsbyggnadsbolaget I Norden AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
STEF.B	68 Neutral	€6.10B	14.63	7.70%	―	1.88%	―
TRIAN.B	68 Neutral	kr3.50B	14.60	4.95%	―	5.99%	―
DIOS	66 Neutral	€9.29B	15.63	5.05%	0.82%	0.95%	―
SFAST	63 Neutral	kr4.16B	24.00	2.95%	0.86%	-1.80%	―
Sector *	61 Neutral	$2.86B	10.96	0.41%	6.08%	5.73%	-21.25%
CORE.A	53 Neutral	€8.17B	―	-4.46%	1.68%	-9.00%	87.77%
SBB.B	51 Neutral	kr9.40B	―	-23.76%	18.24%	-30.32%	79.30%