(LOGI-B) Logistea Series - Ratings and Ratios

Logistea AB Series B (LOGI-B) is a Swedish real estate company that specializes in acquiring, developing, and managing logistics and industrial properties. With a history dating back to 2002, the company rebranded from Odd Molly International AB in October 2021, signaling a significant shift in its business focus towards the logistics and industrial real estate sector.

As a Real Estate Operating Company, Logistea AB (publ) is positioned to capitalize on the growing demand for logistics and warehousing facilities in Sweden, driven by the rise of e-commerce and the need for efficient supply chain management. The companys properties are likely strategically located near major transportation hubs, enhancing their value to tenants.

Analyzing the , we observe that the stocks last price is 14.48 SEK, slightly below its 20-day Simple Moving Average (SMA) of 14.51 SEK, indicating a neutral short-term trend. The 50-day SMA at 14.05 SEK provides support, while the 200-day SMA at 15.51 SEK suggests a longer-term downtrend. The Average True Range (ATR) of 0.48 SEK (3.29%) indicates moderate volatility. Given the current price is near the lower end of its 52-week range (11.80 - 18.44 SEK), theres potential for a rebound if market sentiment improves.

From a fundamental perspective, Logistea AB has a market capitalization of 7045.13M SEK, with a Price-to-Earnings (P/E) ratio of 24.06 and a forward P/E of 15.87, suggesting that the market expects earnings growth. The Return on Equity (RoE) of 5.81% is relatively modest, indicating room for improvement in profitability. Considering the companys focus on logistics and industrial properties, which are in high demand, theres potential for increased rental income and, consequently, improved profitability.

Forecasting the stocks performance using both technical and fundamental data, we can anticipate that if Logistea AB can demonstrate improved profitability and effectively manage its properties to increase rental income, the stock could see a positive revaluation. A break above the 20-day SMA and a sustained move towards the 200-day SMA could signal a strengthening uptrend. With a forward P/E of 15.87, which is more in line with industry averages for real estate companies, theres potential for the stock to appreciate as earnings grow and investor confidence improves. A target price could be around 16.50 SEK, representing a 14% increase from current levels, based on improved earnings and a reversion to the mean in terms of valuation multiples.