Valuation Balder

Stocks

Market Closed - Nasdaq Stockholm Other stock markets 20:00:00 15/06/2026 +04			5-day change	1st Jan Change
50.82 ^SEK	-1.17%		+2.75%	-25.48%

06-11	Carnegie Fastighetsfond Norden gains 3.85 percent in May: reduces positions in Corem and Fastpartner	FW
06-10	Odin Fastighet gains 3.43 percent in May - exits position in Corem	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	59,968	-	-
Change	-	-53.94%	47.4%	10.73%	-11.2%	-26.11%	-	-
Enterprise Value (EV) ¹	236,463	182,220	209,336	223,800	213,956	196,475	195,704	194,398
Change	-	-22.94%	14.88%	6.91%	-4.4%	-8.17%	-0.39%	-0.67%
P/E Ratio	6.57x	5.34x	-12.2x	27.2x	11.6x	9.53x	8.79x	8.09x
PBR	1.57x	0.62x	1x	1.03x	0.86x	0.6x	0.56x	0.52x
PEG	-	-0.1x	0x	-0x	0x	-1.05x	1.04x	0.94x
Capitalization / Revenue	13.6x	5.32x	6.91x	7.1x	5.91x	4.22x	4.09x	3.97x
EV / Revenue	26.4x	17.3x	17.5x	17.4x	15.6x	13.8x	13.3x	12.9x
EV / EBITDA	39.9x	26.9x	24.3x	26.2x	23.4x	19.6x	18.7x	18x
EV / EBIT	36.5x	27x	24.3x	26.6x	23.6x	18.5x	17.7x	17.1x
EV / FCF	-8.34x	-23.2x	-155x	117x	150x	66.4x	65.6x	63.3x
FCF Yield	-12%	-4.32%	-0.65%	0.85%	0.67%	1.51%	1.52%	1.58%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	16.54	9.09	-5.85	2.82	5.86	5.331	5.782	6.278
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	8,956	10,521	11,944	12,876	13,721	14,194	14,680	15,116
EBITDA ¹	5,927	6,777	8,624	8,533	9,154	10,016	10,460	10,811
EBIT ¹	6,480	6,760	8,608	8,425	9,063	10,605	11,032	11,340
Net income ¹	18,508	10,175	-6,746	3,304	7,621	5,850	5,680	5,757
Net Debt ¹	114,902	126,228	126,802	132,408	132,798	136,507	135,736	134,431
Reference price ²	108.63	48.52	71.52	76.80	68.20	50.82	50.82	50.82
Nbr of stocks (in thousands)	1,119,000	1,154,000	1,154,000	1,190,000	1,190,000	1,180,000	-	-
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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
BALDER	9.53x	13.84x	19.62x	-.--%	6.39B
SUN HUNG KAI PROPERTIES LIMITED	15.33x	4.76x	13.05x	3.26%	44.24B
CHINA RESOURCES LAND LIMITED	9.12x	1.53x	7.66x	3.91%	32.84B
MITSUBISHI ESTATE CO., LTD.	23.47x	4.51x	18.92x	1.08%	32.22B
EMAAR PROPERTIES	5.94x	0.67x	1.35x	8.55%	28.15B
MITSUI FUDOSAN CO., LTD.	15.84x	3.21x	15.88x	2.21%	26.65B
CHINA OVERSEAS LAND & INVESTMENT LIMITED	11.81x	1.78x	15.13x	3.2%	21.84B
CK ASSET HOLDINGS LIMITED	9.61x	2.32x	7.98x	3.87%	20.99B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	15.98x	6.81x	19.31x	1.19%	21.25B
ALPHA DHABI HOLDING	14.73x	0.94x	6.21x	2.53%	20.44B
Average	13.14x	4.04x	12.51x	2.98%	25.5B
Weighted average by Cap.	13.66x	3.33x	12.00x	3.28%