Analyst Group maintains its base valuation of SEK 18.3 per share for property development company Titania, following the release of a stable Q2 report that held no major surprises.
This has led to only minor adjustments in their estimates, which have had a limited impact on the valuation in both Bear and Bull scenarios, while the valuation in the Base scenario remains unchanged.
"Based on an estimated NAV per share of SEK 22.9 in 2025 and an applied multiple of P/NAV 0.8x, a potential value per share of SEK 18.3 (18.3) is derived in a base scenario," Analyst Group writes in its commissioned analysis.
