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Bonava AB (BONAV-B) Fair Value & Analysis

Consumer Cyclical · SE · Market cap 3.1B SEK

BA Bonava AB BONAV-B · ST
Pricekr 9.36
Fair Valuekr 12.21
Upside+30.4%
Quality32/100
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Evidence: High Range kr 6.67 – kr 17.75 📤 Share as image

Fair value as of: Jul 18, 2026

From 15 valuation models · updated 3 days ago

Share price +9.2% over the past month.

Price vs Fair Value (12 months)

kr 13.84 kr 8.13 Fair Value kr 12.21 Jul 2025 Jul 2026

12‑month range kr 8.13 – kr 13.84 · fair‑value band kr 6.67 – kr 17.75 · the kr 9.36 price screens below the kr 12.21 fair value. As of Jul 18, 2026.

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Analysis

Bonava AB (BONAV-B) currently trades at kr 9.36, while our model-based Fair Value estimate is kr 12.21, implying the stock looks roughly 30.4% undervalued today. We read business quality at 32/100 (below-average quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Bonava AB generated revenue of 7.3B SEK at a net margin of -0.5%. Revenue declined 37.0% year over year. It earns a return on equity of -0.5%. Net debt stands at 3.4B SEK. Fundamentals as of Jul 18, 2026

Our scenario range runs from kr 6.67 (bear case) to kr 17.75 (bull case); at kr 9.36, the current price sits within that range. The share trades about 34% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 12% fair-value upside, at 30%, BONAV-B screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 7.3B SEK
Revenue growth (YoY) -37.0%
Net margin -0.5%
Return on equity -0.5%
Free cash flow 390M SEK FY2025
Operating margin -10.0%
More key figures
EPS (TTM) kr -0.1200
EPS growth (YoY) +44.0%
Net debt 3.4B SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 18, 2026. TTM = trailing twelve months.

About the company

Bonava AB (publ), together with its subsidiaries, operates as a residential developer in Germany, Sweden, Finland, Estonia, Latvia, and Lithuania. The company constructs, develops, and sells multi-family and single-family homes, as well as semi-detached houses. It serves consumers and institutional investors. The company was founded in 1930 and is headquartered in Stockholm, Sweden.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Bonava AB reported revenue of kr 7.7B in FY2025 versus kr 14.7B in FY2021, a compound −14.9%/yr. Reported net income was −kr 89.0M in FY2025.

Revenue −14.9%/yr
FY21 kr 14.7B
FY22 kr 14.0B
FY23 kr 13.3B
FY24 kr 8.2B
FY25 kr 7.7B
Net income
FY21 kr 808M
FY22 −kr 303M
FY23 −kr 1.3B
FY24 −kr 518M
FY25 −kr 89.0M

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

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Frequently asked questions

Is Bonava AB (BONAV-B) undervalued?
As of Jul 18, 2026, our model estimates a fair value of kr 12.21 versus a price of kr 9.36, about +30% (undervalued). Model-based estimate, not financial advice.
What is the fair value of BONAV-B?
Our model-based fair value for Bonava AB is kr 12.21 (as of Jul 18, 2026), built from audited fundamentals. The current price is kr 9.36.
What is the quality score of BONAV-B?
Bonava AB has a Quality Score of 32/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Bonava AB (BONAV-B)?
Bonava AB reported trailing-twelve-month revenue of about 7.3B SEK (latest available figure, as of Jul 18, 2026).
What is the net profit margin of BONAV-B?
The net profit margin of Bonava AB is about -0.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.