Valuation Balder

Stocks

Market Closed - Nasdaq Stockholm Other stock markets 12:00:00 2026-07-03 EDT			5-day change	1st Jan Change
54.42 ^SEK	+1.87%		+6.62%	-20.21%

07-02	Simplicity Fastigheter fell 4.6 percent in June, Castellum now the largest holding	FW
07-02	Nordea reiterates buy on Balder, cuts target price to 60 kronor	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	64,216	-	-
Change	-	-53.94%	47.4%	10.73%	-11.2%	-20.88%	-	-
Enterprise Value (EV) ¹	236,463	182,220	209,336	223,800	213,956	200,855	200,089	198,797
Change	-	-22.94%	14.88%	6.91%	-4.4%	-6.12%	-0.38%	-0.65%
P/E	6.57x	5.34x	-12.2x	27.2x	11.6x	9.89x	9.4x	8.67x
PBR	1.57x	0.62x	1x	1.03x	0.86x	0.64x	0.59x	0.55x
PEG	-	-0.1x	0x	-0x	0x	-1.61x	1.79x	1.03x
Capitalization / Revenue	13.6x	5.32x	6.91x	7.1x	5.91x	4.52x	4.38x	4.25x
EV / Revenue	26.4x	17.3x	17.5x	17.4x	15.6x	14.2x	13.6x	13.2x
EV / EBITDA	39.9x	26.9x	24.3x	26.2x	23.4x	20.1x	19.1x	18.4x
EV / EBIT	36.5x	27x	24.3x	26.6x	23.6x	18.9x	18.1x	17.5x
EV / FCF	-8.34x	-23.2x	-155x	117x	150x	67.9x	67.1x	64.7x
FCF Yield	-12%	-4.32%	-0.65%	0.85%	0.67%	1.47%	1.49%	1.55%
Dividend per Share ²	-	-	-	-	-	-	-	-
Rate of return	-	-	-	-	-	-	-	-
EPS ²	16.54	9.09	-5.85	2.82	5.86	5.501	5.79	6.276
Distribution rate	-	-	-	-	-	-	-	-
Net sales ¹	8,956	10,521	11,944	12,876	13,721	14,191	14,677	15,113
EBITDA ¹	5,927	6,777	8,624	8,533	9,154	10,016	10,460	10,811
EBIT ¹	6,480	6,760	8,608	8,425	9,063	10,602	11,027	11,336
Net income ¹	18,508	10,175	-6,746	3,304	7,621	5,849	5,679	5,803
Net Debt ¹	114,902	126,228	126,802	132,408	132,798	136,639	135,873	134,581
Reference price ²	108.63	48.52	71.52	76.80	68.20	54.42	54.42	54.42
Nbr of stocks (in thousands)	1,119,000	1,154,000	1,154,000	1,190,000	1,190,000	1,180,000	-	-
Announcement Date	2/11/22	2/10/23	2/9/24	2/7/25	2/6/26	-	-	-

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	9.89x	14.15x	20.05x	-.--%	6.66B
SUN HUNG KAI PROPERTIES LIMITED	14.88x	4.71x	12.81x	3.38%	42.6B
MITSUBISHI ESTATE CO., LTD.	21.11x	4.3x	17.63x	1.19%	31.49B
EMAAR PROPERTIES	6.05x	0.73x	1.51x	8.25%	29.17B
CHINA RESOURCES LAND LIMITED	7.86x	1.41x	7.04x	4.53%	28.29B
MITSUI FUDOSAN CO., LTD.	14.24x	3.1x	14.86x	2.47%	25.7B
ALPHA DHABI HOLDING	16.12x	1.03x	6.79x	2.31%	22.38B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	15.47x	6.9x	18.52x	1.38%	22.03B
CK ASSET HOLDINGS LIMITED	9.05x	2.2x	7.56x	4.11%	19.76B
Average	12.74x	4.28x	11.86x	3.07%	25.34B
Weighted average by Cap.	13.20x	3.46x	11.26x	3.41%