EN DE

Annehem Fastigheter AB (ANNE-B) Fair Value & Analysis

Real Estate · SE · Market cap 1.3B SEK (≈ $135M) · ISIN SE0015221684

What is Annehem Fastigheter AB really worth?

AF Annehem Fastigheter AB ANNE-B · ST
Pricekr 16.50
Fair Valuekr 16.06
Upside−2.7%
Quality42/100

Below-average quality, currently priced close to our fair value of kr 16.06.

As of Aug 22, 2026, the fair value of Annehem Fastigheter AB is kr 16.06 per share against a price of kr 16.50, so the fair value sits 3% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

Watch Annehem Fastigheter AB for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Strengths

Moderate debt · generates free cash flow

Risks

!Mixed Growth (revenue 5y +14.5 %/yr)
!Thin margins · 4.3% net margin
!Mixed vs. peers (6/13)
!Moderate moat 45/100
!Evidence only medium, so the estimate is less certain
!The models disagree: range kr 4.26 to kr 27.86
!Weak on past: 2 out of 100
Evidence: Medium Range kr 4.26 – kr 27.86

Fair value as of: Aug 22, 2026

From 11 valuation models · updated 14 days ago

Share price +1.2% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The model range is unusually wide (kr 4.26 to kr 27.86). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.

Price vs Fair Value (5 years)

kr 35.12 kr 12.69 Fair Value kr 16.06 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 22, 2026.

How to read this chart

60‑month range kr 12.69 – kr 35.12 · fair‑value band kr 4.26 – kr 27.86 · the kr 16.50 price screens above the kr 16.06 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 22, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Annehem Fastigheter AB (ANNE-B) currently trades at kr 16.50, while our model-based Fair Value estimate is kr 16.06, implying the stock looks roughly 2.7% fairly valued today. The Quality Score stands at 42/100 (below-average quality), in the Real Estate sector. Bull case: the Asset-Based group reads highest at a median of kr 23.83 per share, and 5 of the 10 models we run sit above the kr 16.50 price. Bear case: the Growth DCF group reads lowest at kr 14.23, and 5 of the 10 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Annehem Fastigheter AB generated revenue of 353M SEK at a net margin of 4.3%. Revenue grew 8.1% year over year. It earns a return on equity of 0.6%. Net debt stands at 2.2B SEK. Fundamentals as of Aug 22, 2026

Our scenario range runs from kr 4.26 (bear case) to kr 27.86 (bull case); at kr 16.50, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 15% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at −23% fair-value upside, at −3%, ANNE-B screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly kr 0.1223 per share, which is 0.8 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF best evidence kr 1.40 kr 21.08 77
Growth DCF kr 14.54 75
5Y Revenue Exit kr 15.07 kr 41.89 69
All 11 models by family
DCF Models
FCF DCF best evidence kr 1.40 kr 21.08 77
5Y Revenue Exit kr 15.07 kr 41.89 69
5Y EBITDA Exit kr 2.08 kr 27.85 kr 61.74 66
10Y Revenue Exit kr 9.45 kr 36.79 64
10Y EBITDA Exit kr 18.25 kr 52.72 65
Multiples
EV/EBIT kr 21.48 kr 36.72 kr 51.96 64
EV/EBITDA kr 11.16 kr 22.96 kr 34.76 64
EV/Revenue kr 9.78 kr 19.99 50
Asset-Based
NCAV (Graham) kr 17.78 kr 23.83 kr 35.56 54
Growth DCF
Growth DCF kr 14.54 75
Rev-Margin DCF kr 14.23 kr 38.82 69

Widest divergence: Asset-Based (kr 23.83) versus Growth DCF (kr 14.23). Highest evidence: FCF DCF (77).

Notify me when ANNE-B reaches fair value

Put ANNE-B on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 90.0 as of Jul 12, 2026
P/S ratio 3.65 TTM
EPS (TTM) kr 0.1800 price ÷ EPS = P/E 90.0
Net margin −1.3% FY2025
Return on equity 0.6% TTM
Return on assets (EBIT) 4.9% avg 5y
More key figures
Profitability
Operating margin 54.6% TTM
Growth
Revenue (TTM) 353M SEK TTM
Revenue growth (YoY) +8.1% 3y avg +10.2%
EPS growth (YoY) +170%
Balance sheet & cash flow
Free cash flow 93.2M SEK FY2025
Net debt 2.2B SEK FY2025 · ≈ 24.1 yrs of FCF

Figures from reported company fundamentals · as of Aug 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 43 · Market factors (momentum, volatility) 37

Profitability 10
Margins and returns on capital today
Quality Growth 35
Are margins and returns improving?
Cashflow 84
Earnings quality: real cash, not paper profit
Fin. Strength 37
Balance sheet, leverage, solvency risk
Investment 69
Disciplined investing over empire-building
Low Volatility 61
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 20
Distance to the 52-week high (market factor)
Net Issuance 28
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Annehem Fastigheter AB operates as a property company in Sweden and Finland. The company owns and manages office, community service, and residential properties. It also offers lease agreements. The company was incorporated in 2019 and is headquartered in Ängelholm, Sweden.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Annehem Fastigheter AB reported revenue of 351M SEK in FY2025 versus 227M SEK in FY2021, a compound +11.5%/yr. Reported net income was −4.4M SEK in FY2025.

Growth Quality 81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
351M SEK
Latest YoY
+8.0%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.2%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+14.5%
Avg. revenue growth/yr (8Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+16.9%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +11.5%/yr
FY21 227M SEK
FY22 263M SEK
FY23 292M SEK
FY24 325M SEK
FY25 351M SEK
Net income
FY21 210M SEK
FY22 207M SEK
FY23 −201M SEK
FY24 18.5M SEK
FY25 −4.4M SEK

Watch ANNE-B: get an alert when its fair value changes →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Annehem Fastigheter AB Fair Value". https://www.fairvalue-calculator.com/stock/ANNE-B

Peer Group

Real Estate Services · 523 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 43 · Bottom 25%
Fair Value upside −3% · Above median
Return on equity (TTM) 1% · Below median
Return on assets 2% · Above median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 55% · Top 25%
Revenue growth 8% · Above median
Debt / equity 0.77× · Higher than median

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/E (TTM) 90.0× · Pricier than 75% of peers
P/B 0.50× · Cheaper than median
P/S (TTM) 3.65× · Pricier than median
P/FCF 1.4× · Cheaper than median
EV/EBITDA 14.9× · Pricier than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE30 · sector 30
FUTURE41 · sector 11
PAST2 · sector 17
HEALTH62 · sector 84
DIVIDEND0 · sector 63

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Aug 22, 2026).

Stock Price Fair Value vs Fair Value
CBRE Group CBRE $148.74 $69.47 −53%
Vonovia SE VNA €19.85 €36.67 +85%
Cellnex Telecom, S.A CLNX €27.47 €25.46 −7%
KE Holdings BEKE $17.42 $6.57 −62%
Jones Lang LaSalle Incorporated JLL $378.01 $290.25 −23%
Swire Properties Limited 1972 HK$24.84 HK$5.12 −79%
CoStar Group CSGP $32.22 $4.64 −86%
China Resources Mixc Lifestyle Services Limited 1209 HK$39.84 HK$34.95 −12%
CapitaLand Investment Limited 9CI 2.66 SGD 0.4900 SGD −82%
Plaza S.A MALLPLAZA 4,040 CLP 4,571 CLP +13%

Compare Annehem Fastigheter AB with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Real Estate stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Annehem Fastigheter AB (ANNE-B) overvalued or undervalued?
As of Aug 22, 2026, our model estimates a fair value of kr 16.06 versus a price of kr 16.50, about −3% upside (fairly valued).
What is the fair value of ANNE-B?
Our model-based fair value for Annehem Fastigheter AB is kr 16.06 (as of Aug 22, 2026), built from audited fundamentals. The current price: kr 16.50.
What is the quality score of ANNE-B?
Annehem Fastigheter AB has a Quality Score of 42/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Annehem Fastigheter AB (ANNE-B)?
Annehem Fastigheter AB reported trailing-twelve-month revenue of about 353M SEK (latest available figure, as of Aug 22, 2026).
What is the net profit margin of ANNE-B?
The net profit margin of Annehem Fastigheter AB is about 4.3%, meaning it keeps roughly 4.3% of revenue as net income. Based on the latest reported figures.
Free · no account needed

Watch Annehem Fastigheter AB in the live analysis

One click puts Annehem Fastigheter AB on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.