(CORE-B) Corem Property (publ) - Ratings and Ratios

Corem Property Group AB (publ) is a Swedish real estate company specializing in the ownership, management, development, and leasing of commercial properties. Its portfolio spans office, warehouse, logistics, and retail spaces across Sweden, Denmark, and the United States. The company holds 294 properties, with a combined lettable area of 2,304 thousand square meters, strategically located near major transportation hubs to optimize accessibility for tenants. Established in 1993 and headquartered in Stockholm, Corem has built a reputation for long-term property management and value creation. Web URL: https://www.corem.se

The stock, traded under the ticker CORE-B on the Stockholm Stock Exchange, represents a common equity stake in the company. With a market capitalization of 6,858.36M SEK, Corem is classified under the GICS Sub Industry of Real Estate Operating Companies. The stocks average 20-day trading volume is 2,550,793 shares, with a last price of 4.61 SEK. Technically, the stock is currently below its SMA 20 (4.40) and SMA 50 (4.70), but above its SMA 200 (7.18), signaling a potential short-term downtrend within a broader bearish structure. The ATR of 0.26 indicates moderate price volatility.

From a fundamental perspective, Corems P/B ratio of 0.25 suggests that the stock may be undervalued relative to its book value. However, the negative return on equity (RoE) of -4.69% raises concerns about profitability. The P/S ratio of 1.88 indicates a reasonable valuation relative to sales, though the absence of P/E and forward P/E metrics limits visibility into earnings expectations. Overall, the companys financial position reflects a mix of undervaluation signals and operational challenges.

3-Month Forecast: Based on and , Corems stock is expected to face headwinds in the short term. The downward crossover of SMA 20 below SMA 50, coupled with the stock trading below its SMA 200, suggests continued weakness. However, the low P/B ratio of 0.25 and moderate ATR of 0.26 could attract value investors, potentially stabilizing the stock. Overall, the forecast points to a sideways to slightly negative trend, with limited upside unless operational performance improves.