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STEF-B.ST$186.20+1.09%
Fair $186.20+0.0%

STEF-B.ST

Stendörren Fastigheter AB (publ)

Real Estate / Real Estate - DiversifiedStockholm

$186.20

+2.00 (+1.09%)

Fairly Valued+0.0%Fair Value $186.20Fund rank 34/100 · Data gapFallback financials|
SA 28/D
F-Score: 5/9
Low Profitability

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 16.0/100

Data gap 34/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 86/100Data 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

28/100

D

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: 1unknown: 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. ROE is 3.0%, below the 5% threshold
Thesis & Journal · STEF-B.STLocal privado en este navegador · Stendörren 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

$6.1B

P/E

35.7x

↑

EV/EBITDA

22.0x

↑

ROE

3.0%

↓

Gross Margin

82.0%

↑

Debt/Equity

1.59

↑
52-Week Range$186
$172$218

TradingView lightweight chart

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

Último $186.20Periodo +1081.3%
Fair value: $186.20

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+12.4%

FCF CAGR

-0.4%

FCF margin

35.1%

FCF / Net income

2.12x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.04B · net income $173.0M · FCF $366.0M

2022-FY → 2025-FY

Gross margin

82.0%+4.2% pts

Operating margin

71.9%+8.9% pts

Net margin

16.6%-20.0% pts

FCF margin

35.1%-15.4% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.04B$1.04B$902.0M$843.0M$733.0M
Net Income$173.0M$173.0M$327.0M$-246.0M$268.0M
EBITDA$677.0M$677.0M$868.0M$144.0M$560.0M
EPS4.634.639.69-10.547.41
Gross Margin82.0%82.0%81.3%80.7%77.8%
Operating Margin71.9%71.9%69.7%69.4%63.0%
Net Margin16.6%16.6%36.3%-29.2%36.6%
Balance Sheet
Debt/Equity1.591.591.491.431.21
Current Ratio0.610.61———
Cash Flow
Free Cash Flow$366.0M$366.0M$217.0M$307.0M$370.0M
Returns
ROE3.0%3.0%6.1%-5.1%4.9%
Valuation
P/E35.7435.7421.93—27.60
EV/EBITDA22.0022.0016.1283.7821.50
P/B1.021.021.141.091.07
Growth & Yield
Revenue Growth15.5%15.5%7.0%15.0%—
EPS Growth-52.2%-52.2%191.9%-242.2%—

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

52.8%

muy exigente

EPS terminal req.

$16.52

Spread vs growth

-105.0%

5Y implied EPS CAGR

34.0%

muy exigente

EPS terminal req.

$19.99

Spread vs growth

-86.2%

10Y implied EPS CAGR

21.4%

exigente

EPS terminal req.

$32.20

Spread vs growth

-73.6%

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 -0.4%

Total return

-0.4%

Start / end P/E

19.3x → 40.2x

EPS bridge

9.69 → 4.63

Residual

-56.6%

EPS growth-52.2%
Multiple rerating+108.4%
Dividend+0.0%
Residual / FX / buybacks / cross-term-56.6%

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.