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FNOVA-B.ST$25.40+6.48%
Fair $25.40+0.0%

FNOVA-B.ST

Fortinova Fastigheter AB (Publ)

Real Estate / Real Estate ServicesStockholm

$25.40

+1.60 (+6.48%)

Fairly Valued+0.0%Fair Value $25.40Fund rank 32/100 · Data gapFallback financials|
SA 42/C
F-Score: 5/9

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 21.0/100

Data gap 32/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 84/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

42/100

C

Piotroski

5/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled.
Thesis & Journal · FNOVA-B.STLocal privado en este navegador · Fortinova Fastigheter AB (Publ)
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$1.3B

P/E

8.8x

↓

EV/EBITDA

15.0x

↑

ROE

5.2%

↑

Gross Margin

62.4%

↑

Debt/Equity

1.25

↑
52-Week Range$25
$24$29

TradingView lightweight chart

FNOVA-B.ST price, volumen y niveles de valoración

Último $26.30Periodo -43.4%
Fair value: $25.40

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2021–2025 · 4 años de histórico normalizado

Revenue CAGR

+18.9%

FCF CAGR

+14.1%

FCF margin

27.9%

FCF / Net income

0.88x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $393.4M · net income $124.7M · FCF $109.6M

2021-FY → 2025-FY

Gross margin

62.4%+4.4% pts

Operating margin

50.8%+2.1% pts

Net margin

31.7%-126.2% pts

FCF margin

27.9%-5.0% pts
MetricTTM
2025
2024
2023
2021
Income Statement
Revenue$393.4M$393.4M$367.2M$332.1M$197.1M
Net Income$124.7M$124.7M$113.6M$-262.9M$311.2M
EBITDA$271.1M$271.1M$298.1M$-177.3M$400.7M
EPS2.402.402.20-5.106.60
Gross Margin62.4%62.4%61.2%61.5%58.0%
Operating Margin50.8%50.8%52.0%52.8%48.8%
Net Margin31.7%31.7%30.9%-79.2%157.9%
Balance Sheet
Debt/Equity1.251.251.201.300.66
Current Ratio0.480.48———
Cash Flow
Free Cash Flow$109.6M$109.6M$96.1M$127.8M$64.7M
Returns
ROE5.2%5.2%5.0%-12.3%13.8%
Valuation
P/E8.768.7612.68—8.33
EV/EBITDA14.9514.9513.07—9.51
P/B0.550.550.640.661.16
Growth & Yield
Revenue Growth7.1%7.1%10.6%68.5%—
EPS Growth9.1%9.1%143.1%-177.3%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

-2.1%

fácil

EPS terminal req.

$2.25

Spread vs growth

11.2%

5Y implied EPS CAGR

2.6%

fácil

EPS terminal req.

$2.73

Spread vs growth

6.5%

10Y implied EPS CAGR

6.2%

razonable

EPS terminal req.

$4.39

Spread vs growth

2.9%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -4.7%

Total return

-4.7%

Start / end P/E

12.5x → 11.0x

EPS bridge

2.20 → 2.40

Residual

-1.2%

EPS growth+9.1%
Multiple rerating-12.7%
Dividend+0.0%
Residual / FX / buybacks / cross-term-1.2%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.