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← CockpitCompetitor Analysis › SVEAF-B.ST Sveafastigheter ABOpen in the cockpit ↗

Sveafastigheter ABSVEAF-B.STCompetitor analysis, valuation and peers

Sweden · SEK·Real Estate›Real Estate Development
Mkt cap
$916M
US dollars, full cap
Free float
19%
of shares outstanding
$/day
$1.79M
20-day average traded
P/B
0.41×
price to book
ROE
3.0%
delivered
Implied ROE
3.3%
what the price asks
Official | Implied
BBB / BB
agencies · bond market
Next earnings
110 days
24 Feb 2027
Close · SEKSEK 31.42
1D-1.8%
1W+2.4%
1M+3.5%
3Mn/a
6Mn/a
YTDn/a
1Yn/a
ATR %2.8%
52w lowhigh5.7% off high

What Sveafastigheter does

Employees: 187

Sveafastigheter at a glance

Size Sveafastigheter (SVEAF-B.ST) is a Sweden Real Estate company (Real Estate Development) with a market value of $916M, the 136th largest of 221 Sweden companies the cockpit tracks. Shares closed at SEK 31.42 on 6 Nov 2026.

Growth Revenue grew 7.8% over the last twelve months (peer median -6.9%); the operating margin is 50.6% (peer median 6.4%).

Valuation It trades at 0.41× book value against a peer median of 1.20× (2nd cheapest of 20).

Price implies The share price implies a return on equity of about 3.3%; Sveafastigheter delivers 3.0%, so the price asks more than the business earns today.

Credit Sveafastigheter has 2 bonds outstanding ($724M), rated BBB by the agencies and trading like BB at a weighted spread of 220 bp.

Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).

Sveafastigheter financials

Reported figures in SEK; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueSEK 1.64BSEK 1.59BSEK 1.42BSEK 1.16BSEK 1.03B
Revenue growth—+12%+22%+12%—
Gross profitSEK 1.03BSEK 1.05BSEK 916MSEK 723MSEK 625M
EBITDAn/aSEK 797MSEK 659MSEK 501MSEK 437M
Net incomeSEK 452MSEK 84.0M-SEK 1.12B-SEK 4.38B-SEK 2.83B
Free cash flowSEK 444MSEK 657MSEK 728M-SEK 209MSEK 10.0M
Capital expenditureSEK 0SEK 0SEK 0SEK 0SEK 0
Total debtSEK 13.8BSEK 13.0BSEK 12.4BSEK 8.44BSEK 8.42B

Quarterly statements and history in the cockpit →

Sveafastigheter 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.

Fundamentals: return on equity against price-to-book

-150%-100%-50%0%50%00×50×100×000631600736000517HMCDVL600724OYYMAXESTATES60032501080071SVEAF-B.STReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Sveafastigheter is the large dot.

Capital: ROE delivered against the ROE the price implies

-100%0%100%-100%0%100%000631600736000517DVL600724OYY6003250108SVEAF-B.STROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Sveafastigheter is the large dot.

Sveafastigheter competitors and peer comparison

How Sveafastigheter 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.

Sveafastigheter against its 20 peers (data as of 6 Nov 2026)
MeasureSVEAF-B.STPeer medianRank in peer set
1-month return+3.5%-6.6%5th highest of 21
Return on equity3.0%1.7%9th highest of 20
Price / book0.41×1.20×2nd cheapest of 20
Trailing P/E13.9×15.1×7th cheapest of 13
ROE the price implies3.3%10.1%least demanding of 20
ROE delivered3.0%1.8%9th highest of 19
Bond spread220 bpn/a—

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Sveafastigheter SVEAF-B.STSweden$916Mn/a+8%3%0.41×3.3%3.0%
Shunfa Hengneng 000631.SZChina$922M-9%+9%0%1.20×6.6%0.3%
Suzhou New District Hi-Tech Industrial 600736.SSChina$934M-34%-30%4%0.59×5.2%3.8%
Rongan Property 000517.SZChina$898M-7%-76%-26%1.35×9.1%-25.6%
PEXA PXA.AXAustralia$896M-38%+3%2%1.16×10.1%1.7%
HMC Capital HMC.AXAustralia$946M+17%-27%1%0.89×12.9%1.2%
Develia DVL.WAPoland$947M-26%+70%33%1.91×18.4%33.1%
Shanghai Industrial Development 600748.SSChina$952M-35%-3%-3%0.63×5.9%-3.0%
Bukit Sembawang Estates B61.SISingapore$880M-10%-37%8%0.67×4.3%7.9%
Harworth HWG.LUnited Kingdom$879M+51%-35%-4%0.95×10.0%-3.7%
Ningbo Fuda 600724.SSChina$956M-37%-18%6%2.23×14.7%6.4%
PropNex OYY.SISingapore$956M-9%+8%56%9.86×97.2%55.5%
Hefei Urban Construction Development 002208.SZChina$961M-42%-14%-10%1.10×16.1%-10.0%
Max Estates MAXESTATES.NSIndia$872M+20%+5%1%3.39×56.8%n/a
Zhuhai Huafa Properties 600325.SSChina$871M-39%-18%-145%1.85×12.2%-145.3%
Heiwa Real Estate 8803.TJapan$964M-6%+23%9%1.21×5.4%9.1%
SR Medical Technology 0108.HKHong Kong$972M-10%+25%-18%7.50×20.3%-17.8%
Miramar Hotel & Investment 0071.HKHong Kong$862M-10%-11%3%0.32×3.7%3.2%
Jiangsu Dagang 002077.SZChina$983M-32%+24%2%1.92×12.9%1.8%
Country Garden 2007.HKHong Kong$853M-49%-42%n/an/an/an/a
Dios Fastigheter DIOS.STSweden$851M-9%+1%10%0.66×6.4%9.7%

Sveafastigheter bonds and credit

Sveafastigheter has 2 bonds outstanding with $724M face value. The agencies rate it BBB; its bonds trade like BB. Weighted yield 5.21%, a spread of 220 bp over government bonds.

Every bond, yield and spread in the cockpit →

Questions

Which companies are Sveafastigheter's closest peers?
The cockpit's peer set: Shunfa Hengneng (000631.SZ), Suzhou New District Hi-Tech Industrial (600736.SS), Rongan Property (000517.SZ), PEXA (PXA.AX), HMC Capital (HMC.AX), Develia (DVL.WA), Shanghai Industrial Development (600748.SS), Bukit Sembawang Estates (B61.SI).
Is Sveafastigheter expensive compared with its peers?
On price / book it trades at 0.41× against a peer median of 1.20×, 2nd cheapest of 20 in its peer set. The share price implies a return on equity of about 3.3%; Sveafastigheter delivers 3.0%, so the price asks more than the business earns today.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.