EN DE

Corem Property Group (CORE-B) Fair Value & Analysis

Real Estate · SE · Market cap 2.9B SEK (≈ $307M) · ISIN SE0010714287

What is Corem Property Group really worth?

CP Corem Property Group CORE-B · ST
Pricekr 2.56
Fair Valuekr 5.21
Upside+103.9%
Quality38/100

Below-average quality, trading 51% below our fair value of kr 5.21.

Watch Corem Property Group 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

!Weak Growth (revenue 5y +31.1 %/yr)
!Loss-making · -97.8% net margin
!Mixed vs. peers (7/12)
!Narrow moat 30/100
!Evidence only low, so the estimate is less certain
!The models disagree: range kr 1.54 to kr 8.87
Evidence: Low Range kr 1.54 – kr 8.87

Fair value as of: Aug 27, 2026

From 11 valuation models · updated 8 days ago

Share price +1.3% over the past month.

What runs behind every stock

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

What matters now

  • The large discount to fair value meets weak quality (38/100). That raises the risk this is a value trap rather than a bargain.
  • The model range is unusually wide (kr 1.54 to kr 8.87). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • 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 28.83 kr 2.17 Fair Value kr 5.21 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

60‑month range kr 2.17 – kr 28.83 · fair‑value band kr 1.54 – kr 8.87 · the kr 2.56 price screens below the kr 5.21 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 27, 2026.

Full chart & analysis →

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

Analysis

Corem Property Group (CORE-B) currently trades at kr 2.56, while our model-based Fair Value estimate is kr 5.21, implying the stock looks roughly 50.9% undervalued today. The Quality Score stands at 38/100 (below-average quality), in the Real Estate sector. Bull case: the Multiples group reads highest at a median of kr 23.82 per share, and 10 of the 11 models we run sit above the kr 2.56 price. Bear case: the Growth DCF group reads lowest at kr 1.77, and 1 of the 11 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Corem Property Group generated revenue of 3.4B SEK at a net margin of −97.8%. Revenue declined 10.8% year over year. It earns a return on equity of −17.7%. Net debt stands at 29.8B SEK. Fundamentals as of Aug 27, 2026

Our scenario range runs from kr 1.54 (bear case) to kr 8.87 (bull case); at kr 2.56, 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 53% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at −33% fair-value upside, at 104%, CORE-B screens cheaper than that median.

Fair Value models

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 2.74 kr 14.79 73
Growth DCF kr 1.77 kr 11.85 71
5Y Revenue Exit kr 9.87 kr 24.74 66
All 11 models by family
DCF Models
FCF DCF best evidence kr 2.74 kr 14.79 73
5Y Revenue Exit kr 9.87 kr 24.74 66
5Y EBITDA Exit kr 7.38 kr 27.05 kr 52.71 66
10Y Revenue Exit kr 7.18 kr 22.89 61
10Y EBITDA Exit kr 3.34 kr 19.71 kr 46.47 57
Multiples
EV/EBIT kr 22.53 kr 34.12 kr 45.71 63
EV/EBITDA kr 14.81 kr 23.82 kr 32.84 64
EV/Revenue kr 1.00 kr 6.67 kr 12.34 46
Asset-Based
NCAV (Graham) kr 6.43 kr 8.61 kr 12.86 52
Growth DCF
Growth DCF kr 1.77 kr 11.85 71
Rev-Margin DCF kr 9.41 kr 22.92 66

Widest divergence: Multiples (kr 23.82) versus Growth DCF (kr 1.77). Highest evidence: FCF DCF (73).

Notify me when CORE-B reaches fair value

Put CORE-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/S ratio 0.95 TTM
EPS (TTM) kr −2.90
Net margin −95.6% FY2025
Return on equity −17.7% TTM
Return on assets (EBIT) 3.7% avg 5y
Operating margin 55.2% TTM
More key figures
Growth
Revenue (TTM) 3.4B SEK TTM
Revenue growth (YoY) −10.8% 3y avg −8.3%
EPS growth (YoY) −93.0%
Balance sheet & cash flow
Free cash flow 812M SEK FY2025
Net debt 29.8B SEK FY2025 · ≈ 36.8 yrs of FCF

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 38/100

Of which business quality 38 · Market factors (momentum, volatility) 19

Profitability 2
Margins and returns on capital today
Quality Growth 21
Are margins and returns improving?
Cashflow 92
Earnings quality: real cash, not paper profit
Fin. Strength 18
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 31
Calm price path (market factor)
Momentum 18
Price trend over the last 3–12 months (market factor)
52W Momentum 8
Distance to the 52-week high (market factor)
Net Issuance 11
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

Corem Property Group AB (publ), a commercial property company, owns, manages, develops, and leases office, warehousing/logistics, retail, health care, and social function properties in Sweden, Denmark, and the United States. The company owns 244 properties with a total lettable area of 2,048 thousand square meters.

Full company description

Corem Property Group AB (publ), a commercial property company, owns, manages, develops, and leases office, warehousing/logistics, retail, health care, and social function properties in Sweden, Denmark, and the United States. The company owns 244 properties with a total lettable area of 2,048 thousand square meters. Corem Property Group AB (publ) was founded in 1993 and is headquartered in Stockholm, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Corem Property Group reported revenue of 3.5B SEK in FY2025 versus 2.9B SEK in FY2021, a compound +4.4%/yr. Reported net income was −3.3B SEK in FY2025.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
3.5B SEK
Latest YoY
−6.2%
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.
−8.3%
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.
+31.1%
Avg. revenue growth/yr (17Y) 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.
+13.7%
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 +4.4%/yr
FY21 2.9B SEK
FY22 4.5B SEK
FY23 4.2B SEK
FY24 3.7B SEK
FY25 3.5B SEK
Net income
FY21 4.4B SEK
FY22 3.0B SEK
FY23 −8.0B SEK
FY24 −1.1B SEK
FY25 −3.3B SEK

Watch CORE-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). "Corem Property Group Fair Value". https://www.fairvalue-calculator.com/stock/CORE-B

Peer Group

Real Estate - Diversified · 130 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 38 · Bottom 25%
Fair Value upside +104% · Top 25%
Return on assets 2% · Above median
Net margin (TTM) −98% · Bottom 25%
Operating margin (TTM) 55% · Top 25%
Revenue growth −11% · Below median
Dividend yield (TTM) 16.4% · Top 25%
Debt / equity 1.06× · Higher than 75% of peers

Valuation Multiples vs Real Estate - Diversified median · lower = cheaper

P/S (TTM) 0.09× · Cheaper than 75% of peers
P/FCF 0.4× · Cheaper than 75% of peers
EV/EBITDA 7.9× · Cheaper 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
VALUE100 · sector 48
FUTURE0 · sector 29
PAST0 · sector 18
HEALTH47 · sector 77
DIVIDEND100 · sector 58

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 - Diversified stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Stock Price Fair Value vs Fair Value
Swiss Prime Site AG SPSN CHF 124.60 CHF 44.83 −64%
Central Pattana Public Company CPN 66.00 THB 71.37 THB +8%
Prestige Estates Projects Limited PRESTIGE ₹1,586 ₹645.21 −59%
The Phoenix Mills Limited PHOENIXLTD ₹1,905 ₹701.74 −63%
Umm Al Qura for Development and Construction Company 4325 17.19 SAR 11.60 SAR −33%
Fastighets AB BALDB kr 54.08 kr 70.70 +31%
Hainan Airport Infrastructure Co 600515 ¥2.79 ¥0.3300 −88%
Parque Arauco S.A PARAUCO 3,954 CLP 2,740 CLP −31%
Singapore Land Group U06 3.41 SGD 3.23 SGD −5%
The St. Joe Company JOE $67.90 $34.24 −50%

Compare Corem Property Group 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 Corem Property Group (CORE-B) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of kr 5.21 versus a price of kr 2.56, about +104% upside (undervalued).
What is the fair value of CORE-B?
Our model-based fair value for Corem Property Group is kr 5.21 (as of Aug 27, 2026), built from audited fundamentals. The current price: kr 2.56.
What is the quality score of CORE-B?
Corem Property Group has a Quality Score of 38/100. 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 Corem Property Group (CORE-B)?
Corem Property Group reported trailing-twelve-month revenue of about 3.4B SEK (latest available figure, as of Aug 27, 2026).
What is the net profit margin of CORE-B?
The net profit margin of Corem Property Group is about −97.8%, meaning it is currently running at a net loss. Based on the latest reported figures.
Free · no account needed

Watch Corem Property Group in the live analysis

One click puts Corem Property Group 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.