WIHL Stock Analysis: Wihlborgs Fastigheter | ST
Real Estate Services | ST, Sweden | Market Cap: 20.490m SEK | 12M Return: -25% | SE0018012635 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 34.5M
EPS Trend: 59.7%
Qual. Beats: -1
Rev. Trend: 99.4%
Qual. Beats: 0
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.
Wihlborgs Fastigheter AB (publ) is a Swedish commercial property company that owns, develops, rents, and manages real estate across the Öresund region. Its portfolio spans office/retail properties, logistics/production facilities, and projects/land, with operations concentrated in Malmö, Helsingborg, Lund, and Copenhagen. Founded in 1924 and headquartered in Malmö, the company trades on the Stockholm Stock Exchange under the ticker WIHL and is classified as a mid-cap Real Estate Operating Company (REOC), meaning it directly owns and manages income-producing properties rather than functioning purely as an investment vehicle.
As a commercial landlord, Wihlborgs generates revenue primarily through rental income from leases with office tenants, retailers, and industrial/logistics operators. Its geographic focus on the Öresund region-a cross-border metropolitan area linking southern Sweden and eastern Denmark-exposes the company to the economic activity of two major Nordic urban centers, including the Copenhagen-Malmö metropolitan area, one of the larger cross-border labor and real estate markets in Europe.
- Öresund region office demand drives rental income growth
- Rising interest rates pressure property valuations and refinancing costs
- Copenhagen expansion boosts logistics and production segment revenue
| Net Income: 2.19b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 0.17 > 1.0 |
| NWC/Revenue: -7.46% < 20% (prev -20.48%; Δ 13.01% < -1%) |
| CFO/TA 0.03 > 3% & CFO 2.01b > Net Income 2.19b |
| Net Debt (35.2b) to EBITDA (3.15b): 11.17 < 3 |
| Current Ratio: 0.79 > 1.5 & < 3 |
| Outstanding Shares: last quarter (309.0m) vs 12m ago 0.50% < -2% |
| Gross Margin: 71.20% > 18% (prev 72.05%; Δ -0.85% > 0.5%) |
| Asset Turnover: 6.84% > 50% (prev 6.60%; Δ 0.25% > 0%) |
| Interest Coverage Ratio: 2.83 > 6 (EBIT TTM 3.14b / Interest Expense TTM 1.11b) |
| A: -0.00 (Total Current Assets 1.27b - Total Current Liabilities 1.61b) / Total Assets 68.4b |
| B: 0.32 (Retained Earnings 21.9b / Total Assets 68.4b) |
| C: 0.05 (EBIT TTM 3.14b / Avg Total Assets 66.4b) |
| D: 0.55 (Book Value of Equity 24.2b / Total Liabilities 44.2b) |
| Altman-Z'' = 1.90 = BBB |
| DSRI: 0.77 (Receivables 444.0m/538.0m, Revenue 4.54b/4.24b) |
| GMI: 1.01 (GM 72.05% / 71.20%) |
| AQI: 0.99 (AQ_t 0.98 / AQ_t-1 0.99) |
| SGI: 1.07 (Revenue 4.54b / 4.24b) |
| TATA: 0.00 (NI 2.19b - CFO 2.01b) / TA 68.4b) |
| Beneish M = -3.16 (Cap -4..+1) = AA |
As of October 17, 2026, the stock is trading at SEK 70.15 with a total of 275,183 shares traded. Over the past week, the price has changed by +5.25%, over one month by -7.88%, over three months by -10.29% and over the past year by -24.95%.
Current recommended Stop Loss: 68.10 (which is 2.9% or 1.3 ATR below the current price).
Wihlborgs Fastigheter has no consensus analysts rating.
P/E Trailing = 9.2441
P/E Forward = 13.624
P/S = 4.4351
P/B = 0.9541
P/EG = 1.9695
Revenue TTM = 4.54b SEK
EBIT TTM = 3.14b SEK
EBITDA TTM = 3.15b SEK
Long Term Debt = 35.7b SEK (from longTermDebt, last quarter)
Short Term Debt = 2.46b SEK (from shortTermDebt, last fiscal year)
Debt = 36.0b SEK (from shortLongTermDebtTotal, last quarter) + Leases 159.0m
Net Debt = 35.2b SEK (calculated: Debt 36.0b - CCE 828.0m)
Enterprise Value = 55.7b SEK (20.5b + Debt 36.0b - CCE 828.0m)
Interest Coverage Ratio = 2.83 (Ebit TTM 3.14b / Interest Expense TTM 1.11b)
EV/FCF = 25.54x (Enterprise Value 55.7b / FCF TTM 2.18b)
FCF Yield = 3.92% (FCF TTM 2.18b / Enterprise Value 55.7b)
FCF Margin = 48.02% (FCF TTM 2.18b / Revenue TTM 4.54b)
Net Margin = 48.15% (Net Income TTM 2.19b / Revenue TTM 4.54b)
Gross Margin = 71.20% ((Revenue TTM 4.54b - Cost of Revenue TTM 1.31b) / Revenue TTM)
Gross Margin QoQ = 73.68% (prev 69.57%)
Tobins Q-Ratio = 0.81 (Enterprise Value 55.7b / Total Assets 68.4b)
Interest Expense / Debt = 3.08% (Interest Expense 1.11b / Debt 36.0b)
Taxrate = 23.54% (673.0m / 2.86b)
NOPAT = 2.40b (EBIT 3.14b * (1 - 23.54%))
Current Ratio = 0.79 (Total Current Assets 1.27b / Total Current Liabilities 1.61b)
Debt / Equity = 1.49 (Debt 36.0b / totalStockholderEquity, last quarter 24.2b)
Debt / EBITDA = 11.17 (Net Debt 35.2b / EBITDA 3.15b)
Debt / FCF = 16.14 (Net Debt 35.2b / FCF TTM 2.18b)
Total Stockholder Equity = 24.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.30% (Net Income 2.19b / Total Assets 68.4b)
RoE = 9.03% (Net Income TTM 2.19b / Total Stockholder Equity 24.2b)
RoCE = 5.25% (EBIT 3.14b / Capital Employed (Equity 24.2b + L.T.Debt 35.7b))
RoIC = 3.48% (NOPAT 2.40b / Invested Capital 69.0b)
WACC = 3.83% (E(20.5b)/V(56.5b) * Re(6.42%) + D(36.0b)/V(56.5b) * Rd(3.08%) * (1-Tc(0.24)))
Discount Rate = 6.42% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 52.22 | Cagr: 0.22%
[DCF] Terminal Value 76.92% ; FCFF base≈2.08b ; Y1≈2.31b ; Y5≈2.97b
[DCF] Fair Price = 32.75 (EV 45.3b - Net Debt 35.2b = Equity 10.1b / Shares 307.4m; r=8.35% [WACC [floored]]; 5y FCF grow 12.36% → 2.50% )
EPS Correlation: 59.66 | EPS CAGR: 10.84% | SUE: -1.52 | # QB: -1
Revenue Correlation: 99.41 | Revenue CAGR: 6.23% | SUE: 0.21 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=6.89 | Chg30d=-0.15% | Revisions=+0% | GrowthEPS=+35.4% | GrowthRev=+12.6%
EPS next Year (2027-12-31): EPS=7.45 | Chg30d=-1.27% | Revisions=+25% | GrowthEPS=+8.2% | GrowthRev=+18.1%
[Analyst] Revisions Ratio: +25% (up=1, down=0)