Who are Hufvudstaden's main competitors?

Named competitors: Fabege (FABG.ST), Vasakronan (private) (private or unlisted), Atrium Ljungberg (ATRLJ-B.ST). The cockpit's measured peer set (industry) also includes Sirius Real Estate (SRE.L), Lumo Homes (LUMO.HE), Country Garden Services (6098.HK), Hang Lung (0010.HK), Winnovation Culturaltainment Development Limited (000620.SZ), Newmark (NMRK).

Is Hufvudstaden expensive compared with its peers?

On forward p/e it trades at 20.9× against a peer median of 13.0×, 5th most expensive of 18 in its peer set.

How has Hufvudstaden stock performed?

Over six months to 6 Nov 2026 the shares returned -5.1% against -9.2% for the median peer; over one year -5.8%.

← CockpitCompetitor Analysis › HUFV-A.ST Hufvudstaden AB Class AOpen in the cockpit ↗

Hufvudstaden AB Class AHUFV-A.STCompetitor analysis, valuation and peers

Sweden · SEK·Real Estate›Real Estate Development

Swedish real estate company owning premium office and retail properties in central Stockholm and Gothenburg.

≈ A trophy-office/retail REIT like a smaller SL Green RealtyMomentum neutral 44

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$2.14B

US dollars, full cap

Free float

45%

of shares outstanding

$/day

$5.45M

20-day average traded

Fwd P/E

20.9×

forward earnings

ROIC−WACC

n/a

WACC 6.3%

Hurdle

n/a

no reverse DCF

Next earnings

97 days

11 Feb 2027

Close · SEKSEK 117.90

1D+0.4%

1W+7.8%

1M+10.4%

3M-2.0%

6M-5.1%

YTD-4.9%

1Y-5.8%

ATR %1.7%

52w lowhigh10.7% off high

What Hufvudstaden does

Swedish real estate company owning premium office and retail properties in central Stockholm and Gothenburg.

Collects rent under leases on prime offices and shops in central Stockholm and Gothenburg, so income follows occupancy and rent levels in those districts. The Lundberg group (Lundbergs) is the controlling shareholder.

In one line: A trophy-office/retail REIT like a smaller SL Green Realty.

Products and services

Premium office leasing
High-street retail leasing (e.g., NK department store buildi

Customers

Corporate office tenants
Premium retail tenants

Where it sits in the supply chain

Real Estate
Prime real estate
Premium office and retail property…

What could go right

Prime Stockholm office/retail rent growth
Flight-to-quality demand

What could go wrong

Remote-work pressure on office demand
Interest-rate sensitivity of prime property valuations

Moat: narrow (installed base, scale, brand). Owns some of Stockholm's most prestigious office/retail addresses, hard-to-replicate prime city-center assets.

Headquarters: Stockholm, Sweden · Founded: 1915 · Employees: 627

Named competitors

Fabege FABG.ST
Vasakronan (private) private or unlisted
Atrium Ljungberg ATRLJ-B.ST

Hufvudstaden at a glance

Size Hufvudstaden (HUFV-A.ST) is a Sweden Real Estate company (Real Estate Development) with a market value of $2.14B, the 81st largest of 221 Sweden companies the cockpit tracks. Shares closed at SEK 117.90 on 6 Nov 2026.

Performance Over six months the shares fell 5.1%, against -9.2% for the median peer and +8.2% for the Sweden market (cap-weighted) — 10th highest of 21 in its peer set.

Growth Revenue fell 4.3% over the last twelve months (peer median +9.6%); the operating margin is 47.5% (peer median 23.5%).

Valuation It trades at 20.9× forward earnings against a peer median of 13.0× (5th most expensive of 18).

Next results Next results expected around 11 Feb 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Hufvudstaden against the median of its 20 peers (local-currency closes).

Hufvudstaden financials

Reported figures in SEK; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	SEK 3.42B	SEK 3.29B	SEK 3.18B	SEK 2.96B	SEK 2.75B
Revenue growth	—	+4%	+7%	+8%	—
Gross profit	SEK 1.68B	SEK 1.64B	SEK 1.55B	SEK 1.47B	SEK 1.35B
EBITDA	n/a	SEK 1.64B	SEK 1.56B	SEK 1.47B	SEK 1.34B
Net income	SEK 1.17B	SEK 837M	SEK 365M	-SEK 1.93B	SEK 722M
Free cash flow	n/a	SEK 1.30B	SEK 1.22B	SEK 1.35B	SEK 988M
Capital expenditure	-SEK 3.00M	SEK 20.9M	SEK 15.9M	SEK 63.4M	SEK 51.6M
Total debt	SEK 12.8B	SEK 12.4B	SEK 10.5B	SEK 10.1B	SEK 9.71B

Quarterly statements and history in the cockpit →

Hufvudstaden competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Hufvudstaden is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Hufvudstaden is the large dot.

Hufvudstaden competitors and peer comparison

Head to head with its named competitors (HUFV-A.ST vs FABG.ST vs ATRLJ-B.ST)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Hufvudstaden HUFV-A.ST	$2.14B	-5%	-4%	47%	20.9×	n/a
Fabege FABG.ST	$2.02B	-16%	+27%	59%	14.7×	n/a
Atrium Ljungberg ATRLJ-B.ST	$1.45B	-24%	+8%	55%	12.3×	n/a

How Hufvudstaden compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Hufvudstaden against its 20 peers (data as of 6 Nov 2026)
Measure	HUFV-A.ST	Peer median	Rank in peer set
1-month return	+10.4%	+1.3%	2nd highest of 21
6-month return	-5.1%	-9.2%	10th highest of 21
Distance from 52-week high	-10.7%	-25.0%	3rd highest of 21
Revenue growth (TTM)	-4.3%	+9.6%	3rd lowest of 21
Operating margin	47.5%	23.5%	8th highest of 21
Forward P/E	20.9×	13.0×	5th most expensive of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Hufvudstaden HUFV-A.ST	Sweden	$2.14B	-5%	-4%	47%	20.9×	n/a	n/a
Sirius Real Estate SRE.L	United Kingdom	$2.14B	+1%	+13%	41%	13.6×	n/a	n/a
Lumo Homes LUMO.HE	Finland	$2.14B	-3%	+1%	59%	15.8×	n/a	n/a
Country Garden Services 6098.HK	Hong Kong	$2.13B	-21%	+11%	4%	7.0×	n/a	n/a
Hang Lung 0010.HK	Hong Kong	$2.14B	-25%	+9%	53%	n/a	n/a	n/a
Winnovation Culturaltainment Development Limited 000620.SZ	China	$2.12B	-6%	+14%	-39%	66.0×	n/a	n/a
Newmark NMRK	United States	$2.16B	-29%	+16%	7%	6.1×	n/a	n/a
Hysan Development 0014.HK	Hong Kong	$2.16B	-20%	-2%	72%	7.5×	n/a	n/a
Green Development Electricity Group of Tianjin 000537.SZ	China	$2.19B	-28%	+13%	31%	37.3×	n/a	n/a
Altarea SCA ALTA.PA	France	$2.05B	-31%	-20%	9%	9.9×	n/a	n/a
Neinor Homes HOME.MC	Spain	$2.04B	+10%	+165%	10%	13.0×	n/a	n/a
Fabege FABG.ST	Sweden	$2.02B	-16%	+27%	59%	14.7×	n/a	n/a
Investis IREN.SW	Switzerland	$2.26B	-2%	+10%	67%	32.9×	n/a	n/a
Wihlborgs Fastigheter WIHL.ST	Sweden	$2.28B	-14%	+7%	70%	10.8×	n/a	n/a
Nanjing Gaoke 600064.SS	China	$2.00B	-4%	+4%	-18%	5.8×	n/a	n/a
Leopalace21 8848.T	Japan	$1.99B	+52%	+3%	8%	13.0×	n/a	n/a
Relo 8876.T	Japan	$2.30B	+21%	+7%	20%	15.5×	n/a	n/a
China Enterprise 600675.SS	China	$1.98B	-15%	-35%	4%	n/a	n/a	n/a
Metrovacesa MVC.MC	Spain	$1.95B	-5%	+58%	13%	26.4×	n/a	n/a
Argan ARG.PA	France	$1.95B	+14%	+5%	78%	11.2×	n/a	n/a
Zhaojin International Gold 000506.SZ	China	$1.95B	-13%	+42%	27%	n/a	n/a	n/a

Questions

Who are Hufvudstaden's main competitors?: Named competitors: Fabege (FABG.ST), Vasakronan (private) (private or unlisted), Atrium Ljungberg (ATRLJ-B.ST). The cockpit's measured peer set (industry) also includes Sirius Real Estate (SRE.L), Lumo Homes (LUMO.HE), Country Garden Services (6098.HK), Hang Lung (0010.HK), Winnovation Culturaltainment Development Limited (000620.SZ), Newmark (NMRK).
Is Hufvudstaden expensive compared with its peers?: On forward p/e it trades at 20.9× against a peer median of 13.0×, 5th most expensive of 18 in its peer set.
How has Hufvudstaden stock performed?: Over six months to 6 Nov 2026 the shares returned -5.1% against -9.2% for the median peer; over one year -5.8%.