Stenhus Fastigheter i Norden AB (SE:SFAST)
:SFAST
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Stenhus Fastigheter i Norden AB
(SFAST)
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Rating:76Outperform
Price Target:
kr14.00
▲(22.59% Upside)
Action:ReiteratedDate:03/03/26
SE:SFAST achieves a score of 76, primarily driven by strong technical uptrends and a solid recovery in financial profitability and cash flow. The stock is supported by a reasonable P/E valuation of 12.4x and positive momentum across all moving averages. However, the overall score is tempered by balance sheet leverage risks and technical indicators suggesting overbought conditions.
Positive Factors
Significant multi-year revenue growth and scale
Sustained top-line expansion to ~1.04B with ~77% gross margins indicates the business has achieved meaningful scale and strong underlying property-level profitability. Scale and high gross margins support fixed-cost absorption, recurring rental cashflows and reinvestment capacity over the medium term.
Negative Factors
Elevated leverage and sizeable debt load
Debt-to-equity around 1.4 and ~8.38B total debt leave limited financial flexibility. High leverage increases sensitivity to rising rates or weaker property valuations, heightening refinancing and covenant risk and reducing the margin for error on operating or market setbacks over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Significant multi-year revenue growth and scale
Sustained top-line expansion to ~1.04B with ~77% gross margins indicates the business has achieved meaningful scale and strong underlying property-level profitability. Scale and high gross margins support fixed-cost absorption, recurring rental cashflows and reinvestment capacity over the medium term.
Read all positive factors
Stenhus Fastigheter i Norden AB (SFAST) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr4.07B
Dividend Yield1.8%
Average Volume (3M)403.83K
Price to Earnings (P/E)11.0
Beta (1Y)0.40
Revenue Growth-2.06%
EPS GrowthN/A
CountrySE
Employees41
SectorReal Estate
Sector Strength53
IndustryReal Estate - Services
Share Statistics
EPS (TTM)0.28
Shares Outstanding371,778,600
10 Day Avg. Volume273,396
30 Day Avg. Volume403,828
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.70
Price to Sales (P/S)4.01
P/FCF Ratio9.99
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)1.06
Revenue Forecast (FY)kr1.07B
Stenhus Fastigheter i Norden AB Business Overview & Revenue Model
Company Description
Stenhus Fastigheter i Norden AB (publ), a real estate company, owns and manages public and commercial properties in the Greater Stockholm region of Sweden. The company was incorporated in 2020 and is based in Stockholm, Sweden....
How the Company Makes Money
Stenhus Fastigheter i Norden AB generates revenue through multiple streams, including rental income from its extensive portfolio of residential and commercial properties. The company profits from long-term leases with tenants, ensuring a steady ca...
Stenhus Fastigheter i Norden AB Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
58
Neutral
Cash Flow
72
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.04B | 1.01B | 1.02B | 712.40M | 283.64M |
| Gross Profit | 800.53M | 783.48M | 790.15M | 556.53M | 224.78M |
| EBITDA | 935.79M | 718.86M | 28.73M | 462.34M | 1.09B |
| Net Income | 377.08M | 56.45M | -413.15M | 212.49M | 792.05M |
Balance Sheet | |||||
| Total Assets | 14.93B | 14.08B | 14.67B | 15.36B | 8.07B |
| Cash, Cash Equivalents and Short-Term Investments | 542.80M | 224.94M | 306.19M | 343.56M | 333.87M |
| Total Debt | 8.38B | 7.59B | 8.15B | 8.49B | 3.73B |
| Total Liabilities | 8.96B | 8.16B | 8.77B | 9.19B | 4.15B |
| Stockholders Equity | 5.97B | 5.81B | 5.71B | 6.12B | 3.90B |
Cash Flow | |||||
| Free Cash Flow | 415.89M | 254.87M | 343.55M | 288.34M | 192.28M |
| Operating Cash Flow | 415.99M | 254.87M | 345.15M | 292.90M | 192.86M |
| Investing Cash Flow | -451.79M | 280.39M | 527.86M | -782.11M | -4.75B |
| Financing Cash Flow | 353.66M | -616.51M | -861.23M | 449.75M | 4.44B |
Stenhus Fastigheter i Norden AB Technical Analysis
Negative
11.42
Price Trends
11.85
Negative
11.38
Positive
11.05
Positive
Market Momentum
-0.01
Positive
41.00
Neutral
38.50
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:SFAST, the sentiment is Negative. The current price of 11.42 is below the 20-day moving average (MA) of 12.29, below the 50-day MA of 11.85, and above the 200-day MA of 11.05, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 41.00 is Neutral, neither overbought nor oversold. The STOCH value of 38.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:SFAST.
Stenhus Fastigheter i Norden AB Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | kr4.07B | 11.02 | 6.08% | 1.80% | -2.06% | ― | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
57 Neutral | kr4.30B | 10.84 | ― | 2.39% | ― | ― | |
56 Neutral | kr1.79B | 7.85 | ― | 1.67% | 0.71% | ― | |
51 Neutral | kr2.92B | -38.63 | 1.13% | ― | 51.80% | ― | |
44 Neutral | kr6.29B | -4.58 | -11.80% | ― | -11.38% | ― |
* Real Estate Sector Average
SE:SFAST
Stenhus Fastigheter i Norden AB
11.74
1.09
10.27%
SE:BRIN.B
Brinova Fastigheter AB Class B
12.70
-3.70
-22.56%
SE:FNOVA.B
Fortinova Fastigheter AB
25.50
2.00
8.51%
SE:SBB.B
Samhallsbyggnadsbolaget I Norden AB Class B
3.58
0.12
3.59%
SE:GPG
Genova Property Group AB
39.30
-2.62
-6.24%
SE:EAST
Eastnine AB
44.00
4.60
11.68%
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.