Valuation Balder

Stocks

Market Closed - Nasdaq Stockholm 00:00:00 29/09/2026 HKT			5-day change	1st Jan Change
47.87 ^SEK	+0.72%		-2.88%	-29.81%

09-24	Akelius Wants Castellum to Exit Norway, Denmark and Finland, Warns of Possible Financial Crisis - EFN	FW
09-21	Johnny Torssell predicts new records on the Stockholm stock market within five weeks - Di	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	56,020	-	-
Change	-	-53.94%	47.4%	10.73%	-11.2%	-30.97%	-	-
Enterprise Value (EV) ¹	236,463	182,220	209,336	223,800	213,956	196,631	196,494	194,710
Change	-	-22.94%	14.88%	6.91%	-4.4%	-8.1%	-0.07%	-0.91%
P/E	6.57x	5.34x	-12.2x	27.2x	11.6x	9.82x	8.39x	8x
PBR	1.57x	0.62x	1x	1.03x	0.86x	0.57x	0.53x	0.5x
PEG	-	-0.1x	0x	-0x	0x	-0.6x	0.5x	1.62x
Capitalization / Revenue	13.6x	5.32x	6.91x	7.1x	5.91x	3.92x	3.78x	3.67x
EV / Revenue	26.4x	17.3x	17.5x	17.4x	15.6x	13.8x	13.2x	12.8x
EV / EBITDA	39.9x	26.9x	24.3x	26.2x	23.4x	20.1x	19.1x	18.3x
EV / EBIT	36.5x	27x	24.3x	26.6x	23.6x	18.6x	17.7x	17.1x
EV / FCF	-8.34x	-23.2x	-155x	117x	150x	73.8x	73.3x	72.5x
FCF Yield	-12%	-4.32%	-0.65%	0.85%	0.67%	1.36%	1.36%	1.38%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	16.54	9.09	-5.85	2.82	5.86	4.876	5.703	5.984
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	8,956	10,521	11,944	12,876	13,721	14,289	14,835	15,271
EBITDA ¹	5,927	6,777	8,624	8,533	9,154	9,795	10,299	10,663
EBIT ¹	6,480	6,760	8,608	8,425	9,063	10,598	11,101	11,413
Net income ¹	18,508	10,175	-6,746	3,304	7,621	5,621	5,610	5,728
Net Debt ¹	114,902	126,228	126,802	132,408	132,798	140,611	140,474	138,690
Reference price ²	108.63	48.52	71.52	76.80	68.20	47.87	47.87	47.87
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	11/2/22	10/2/23	9/2/24	7/2/25	6/2/26	-	-	-

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	9.78x	13.73x	20.67x	-.--%	5.61B
SUN HUNG KAI PROPERTIES LIMITED	13.9x	4.52x	12.15x	3.64%	39.56B
EMAAR PROPERTIES	5.75x	0.78x	1.61x	8.56%	28.1B
MITSUBISHI ESTATE CO., LTD.	18.06x	3.97x	15.98x	1.36%	27.94B
CHINA RESOURCES LAND LIMITED	7.79x	1.41x	7.78x	4.54%	26.04B
MITSUI FUDOSAN CO., LTD.	13.93x	3.1x	14.81x	2.51%	25.78B
ALPHA DHABI HOLDING	8.14x	0.9x	3.28x	2.75%	20.81B
CK ASSET HOLDINGS LIMITED	10.21x	2x	8.25x	4.11%	20.52B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	13.1x	6.4x	16.84x	1.66%	18.82B
HONGKONG LAND HOLDINGS LIMITED	37.84x	13.87x	34.9x	3.14%	18.26B
Average	13.85x	5.07x	13.63x	3.23%	23.15B
Weighted average by Cap.	13.61x	4.06x	12.38x	3.61%