Valuation Balder

Stocks

Market Closed - Nasdaq Stockholm Other stock markets 20:00:00 31/07/2026 +04			5-day change	1st Jan Change
52.16 ^SEK	-0.08%		+4.61%	-23.52%

07-16	Länsförsäkringar Real Estate Fund fell 4.72% in June, overweight positions in Logistea and SLP weighed	FW
07-16	Lannebo Investment Grade rose 0.6 percent in June, participated in issues by Balder and Borgo	FW

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	121,561	55,992	82,534	91,392	81,158	61,040	-	-
Change	-	-53.94%	47.4%	10.73%	-11.2%	-24.79%	-	-
Enterprise Value (EV) ¹	236,463	182,220	209,336	223,800	213,956	200,938	201,389	199,586
Change	-	-22.94%	14.88%	6.91%	-4.4%	-6.08%	0.22%	-0.9%
P/E	6.57x	5.34x	-12.2x	27.2x	11.6x	10.5x	8.51x	8.08x
PBR	1.57x	0.62x	1x	1.03x	0.86x	0.62x	0.58x	0.54x
PEG	-	-0.1x	0x	-0x	0x	-0.7x	0.4x	1.49x
Capitalization / Revenue	13.6x	5.32x	6.91x	7.1x	5.91x	4.27x	4.11x	4x
EV / Revenue	26.4x	17.3x	17.5x	17.4x	15.6x	14x	13.6x	13.1x
EV / EBITDA	39.9x	26.9x	24.3x	26.2x	23.4x	20.5x	19.7x	18.9x
EV / EBIT	36.5x	27x	24.3x	26.6x	23.6x	18.8x	18.1x	17.5x
EV / FCF	-8.34x	-23.2x	-155x	117x	150x	75.1x	73x	70.6x
FCF Yield	-12%	-4.32%	-0.65%	0.85%	0.67%	1.33%	1.37%	1.42%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	16.54	9.09	-5.85	2.82	5.86	4.976	6.126	6.458
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	8,956	10,521	11,944	12,876	13,721	14,307	14,835	15,264
EBITDA ¹	5,927	6,777	8,624	8,533	9,154	9,800	10,201	10,533
EBIT ¹	6,480	6,760	8,608	8,425	9,063	10,682	11,098	11,401
Net income ¹	18,508	10,175	-6,746	3,304	7,621	5,623	5,624	5,779
Net Debt ¹	114,902	126,228	126,802	132,408	132,798	139,898	140,348	138,546
Reference price ²	108.63	48.52	71.52	76.80	68.20	52.16	52.16	52.16
Nbr of stocks (in thousands)	1,119,000	1,154,000	1,154,000	1,190,000	1,190,000	1,170,250	-	-
Announcement Date	11/02/22	10/02/23	09/02/24	07/02/25	06/02/26	-	-	-

¹SEK in Million²SEK

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
BALDER	10.48x	14.05x	20.5x	-.--%	6.4B
SUN HUNG KAI PROPERTIES LIMITED	16x	5.02x	13.52x	3.17%	45.53B
CHINA RESOURCES LAND LIMITED	8.59x	1.49x	7.62x	4.11%	30.19B
MITSUBISHI ESTATE CO., LTD.	19.43x	4.08x	16.67x	1.28%	29.4B
MITSUI FUDOSAN CO., LTD.	14.43x	3.12x	14.95x	2.44%	26.35B
EMAAR PROPERTIES	5.54x	0.58x	1.2x	9.09%	26.47B
CK ASSET HOLDINGS LIMITED	9.06x	2.34x	7.19x	3.85%	21.35B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	14.46x	6.71x	17.95x	1.47%	20.88B
ALPHA DHABI HOLDING	7.79x	0.86x	3.14x	2.87%	19.93B
CHINA OVERSEAS LAND & INVESTMENT LIMITED	10.35x	1.66x	14.35x	3.65%	18.86B
Average	11.61x	3.99x	11.71x	3.19%	24.54B
Weighted average by Cap.	12.22x	3.34x	11.23x	3.46%