HUFV-A Stock Analysis: Hufvudstaden (publ) | ST
Real Estate Services | ST, Sweden | Market Cap: 20.674m SEK | 12M Return: -13% | SE0000170375 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 28.1M
EPS Trend: 89.4%
Qual. Beats: -13
Rev. Trend: 74.0%
Qual. Beats: 2
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Hufvudstaden AB is a Swedish real estate company founded in 1915 and headquartered in Stockholm. It owns, develops, and manages commercial properties in Sweden, with a portfolio that includes office and retail space, residential units, restaurants, department stores, parking facilities, and shopping centers. The company operates under a range of well-known Swedish property brands, including NK Retail, Bibliotekstan, Nordiska Kompaniet, Femman, Nordstan, and Cecil Coworking.
As a Real Estate Operating Company within the Real Estate GICS sector, Hufvudstaden generates revenue primarily through leasing rentable floor space to tenants. Its focus on prime commercial locations, particularly in central Stockholm, positions it within Swedens premium urban property segment, where stable long-term leases and high-quality retail and office tenants are central to the business model.
- Stockholm prime office occupancy holds above 90 percent
- Riksbank rate cuts lift commercial property valuations higher
- NK department store footfall recovery drives retail rental growth
| Net Income: 1.17b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -0.09 > 1.0 |
| NWC/Revenue: -23.48% < 20% (prev -62.04%; Δ 38.55% < -1%) |
| CFO/TA 0.03 > 3% & CFO 1.35b > Net Income 1.17b |
| Net Debt (13.3b) to EBITDA (1.76b): 7.54 < 3 |
| Current Ratio: 0.59 > 1.5 & < 3 |
| Outstanding Shares: last quarter (194.3m) vs 12m ago -3.95% < -2% |
| Gross Margin: 50.01% > 18% (prev 49.58%; Δ 0.43% > 0.5%) |
| Asset Turnover: 6.71% > 50% (prev 6.59%; Δ 0.12% > 0%) |
| Interest Coverage Ratio: 4.52 > 6 (EBIT TTM 1.70b / Interest Expense TTM 376.0m) |
| A: -0.02 (Total Current Assets 1.12b - Total Current Liabilities 1.91b) / Total Assets 50.9b |
| B: 0.51 (Retained Earnings 26.2b / Total Assets 50.9b) |
| C: 0.03 (EBIT TTM 1.70b / Avg Total Assets 50.1b) |
| D: 1.21 (Book Value of Equity 27.9b / Total Liabilities 23.0b) |
| Altman-Z'' = 3.07 = A |
As of October 17, 2026, the stock is trading at SEK 109.50 with a total of 266,232 shares traded. Over the past week, the price has changed by +2.91%, over one month by -6.01%, over three months by -9.43% and over the past year by -13.01%.
Current recommended Stop Loss: 107.20 (which is 2.1% or 1.4 ATR below the current price).
Hufvudstaden (publ) has no consensus analysts rating.
P/E Trailing = 17.9125
P/E Forward = 21.8818
P/S = 6.2464
P/B = 0.8096
P/EG = 4.4364
Revenue TTM = 3.36b SEK
EBIT TTM = 1.70b SEK
EBITDA TTM = 1.76b SEK
Long Term Debt = 9.90b SEK (from longTermDebt, last quarter)
Short Term Debt = 1.91b SEK (from shortTermDebt, last quarter)
Debt = 13.8b SEK (from shortLongTermDebtTotal, last quarter) + Leases 1.02b
Net Debt = 13.3b SEK (calculated: Debt 13.8b - CCE 572.5m)
Enterprise Value = 33.9b SEK (20.7b + Debt 13.8b - CCE 572.5m)
Interest Coverage Ratio = 4.52 (Ebit TTM 1.70b / Interest Expense TTM 376.0m)
EV/FCF = 25.21x (Enterprise Value 33.9b / FCF TTM 1.35b)
FCF Yield = 3.97% (FCF TTM 1.35b / Enterprise Value 33.9b)
FCF Margin = 40.03% (FCF TTM 1.35b / Revenue TTM 3.36b)
Net Margin = 34.64% (Net Income TTM 1.17b / Revenue TTM 3.36b)
Gross Margin = 50.01% ((Revenue TTM 3.36b - Cost of Revenue TTM 1.68b) / Revenue TTM)
Gross Margin QoQ = 48.58% (prev 51.78%)
Tobins Q-Ratio = 0.67 (Enterprise Value 33.9b / Total Assets 50.9b)
Interest Expense / Debt = 2.72% (Interest Expense 376.0m / Debt 13.8b)
Taxrate = 20.59% (302.2m / 1.47b)
NOPAT = 1.35b (EBIT 1.70b * (1 - 20.59%))
Current Ratio = 0.59 (Total Current Assets 1.12b / Total Current Liabilities 1.91b)
Debt / Equity = 0.50 (Debt 13.8b / totalStockholderEquity, last quarter 27.9b)
Debt / EBITDA = 7.54 (Net Debt 13.3b / EBITDA 1.76b)
Debt / FCF = 9.86 (Net Debt 13.3b / FCF TTM 1.35b)
Total Stockholder Equity = 27.8b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.32% (Net Income 1.17b / Total Assets 50.9b)
RoE = 4.19% (Net Income TTM 1.17b / Total Stockholder Equity 27.8b)
RoCE = 4.51% (EBIT 1.70b / Capital Employed (Equity 27.8b + L.T.Debt 9.90b))
RoIC = 2.66% (NOPAT 1.35b / Invested Capital 50.8b)
WACC = 4.49% (E(20.7b)/V(34.5b) * Re(6.06%) + D(13.8b)/V(34.5b) * Rd(2.72%) * (1-Tc(0.21)))
Discount Rate = 6.06% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -82.97 | Cagr: -1.78%
[DCF] Terminal Value 75.44% ; FCFF base≈1.35b ; Y1≈1.35b ; Y5≈1.43b
[DCF] Fair Price = 48.24 (EV 22.3b - Net Debt 13.3b = Equity 8.99b / Shares 186.4m; r=8.35% [WACC [floored]]; 5y FCF grow -0.02% → 2.50% )
EPS Correlation: 89.38 | EPS CAGR: 7.01% | SUE: -2.11 | # QB: -13
Revenue Correlation: 74.02 | Revenue CAGR: 4.08% | SUE: 3.49 | # QB: 2
EPS current Quarter (2026-09-30): EPS=1.34 | Chg30d=+7.18% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=5.46 | Chg30d=+1.57% | Revisions=-57% | GrowthEPS=+12.0% | GrowthRev=-27.8%
EPS next Year (2027-12-31): EPS=5.75 | Chg30d=+0.44% | Revisions=-57% | GrowthEPS=+5.3% | GrowthRev=+5.6%
[Analyst] Revisions Ratio: -75% (up=0, down=9)