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Jeudan A/S (JDAN) Fair Value & Analysis

Real Estate · DK · Market cap 11.6B DKK

JA Jeudan A/S JDAN · CO
Pricekr 202.00
Fair Valuekr 205.53
Upside+1.8%
Quality62/100
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Healthy Growth
Highly profitable · 57.7% net margin
High debt · generates free cash flow
Mixed vs. peers (6/14)
Wide moat 66/100
Evidence: High Range kr 154.15 – kr 256.92 Share as image

Fair value as of: Jul 12, 2026

From 9 valuation models · updated 28 days ago

Share price −2.4% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • 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.
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Price vs Fair Value (5 years)

kr 308.45 kr 184.42 Fair Value kr 205.53 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range kr 184.42 – kr 308.45 · fair‑value band kr 154.15 – kr 256.92 · the kr 202.00 price screens below the kr 205.53 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Jeudan A/S (JDAN) currently trades at kr 202.00, while our model-based Fair Value estimate is kr 205.53, implying the stock looks roughly 1.8% fairly valued today. The Quality Score stands at 62/100 (solid quality), in the Real Estate 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, Jeudan A/S generated revenue of 1.8B DKK at a net margin of 57.7%. Revenue grew 3.9% year over year. It earns a return on equity of 7.9%. Net debt stands at 22.2B DKK. Fundamentals as of Jul 12, 2026

Our scenario range runs from kr 154.15 (bear case) to kr 256.92 (bull case); at kr 202.00, 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 8% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -2% fair-value upside, at 2%, JDAN screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted 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.

Model BearBaseBull Evidence
Highest evidence
Residual Income kr 194.46 kr 206.78 kr 229.78 76
Gordon GGM kr 27.53 kr 54.91 kr 90.79 70
DDM Multi-Stage kr 27.53 kr 42.26 kr 58.10 61
All 9 models by family
DCF Models
5Y EBITDA Exit kr 57.24 41
Dividend Discount
Gordon GGM kr 27.53 kr 54.91 kr 90.79 70
DDM Multi-Stage kr 27.53 kr 42.26 kr 58.10 61
Multiples
P/S Multiple kr 154.15 kr 205.53 kr 256.92 58
P/B Multiple kr 230.30 kr 307.07 kr 383.83 55
EV/EBIT kr 38.95 kr 144.50 53
EV/EBITDA kr 35.27 54
Asset-Based
NCAV (Graham) kr 118.21 kr 158.40 kr 236.42 50
Economic Profit
Residual Income kr 194.46 kr 206.78 kr 229.78 76

Widest divergence: Economic Profit (kr 206.78) versus Dividend Discount (kr 42.26). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 1.8B DKK
Revenue growth (YoY) +3.9%
Net margin 57.7%
Return on equity 7.9%
Free cash flow 630M DKK FY2025
P/E ratio 11.1
More key figures
Operating margin 61.4%
EPS (TTM) kr 18.45
EPS growth (YoY) +7.8%
Net debt 22.2B DKK FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 56 · Market factors (momentum, volatility) 57

Profitability 35
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 77
Earnings quality: real cash, not paper profit
Fin. Strength 18
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 98
Calm price path (market factor)
Momentum 39
Price trend over the last 3–12 months (market factor)
52W Momentum 40
Distance to the 52-week high (market factor)
Net Issuance 81
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.

About the company

Jeudan A/S operates as a real estate and service company in Denmark. It operates through two segments, Investment Properties and Project & Service. The company invests, develops, operates, and leases office, shop, office community, housing, warehouse, showroom, clinic, and other properties.

Full company description

Jeudan A/S operates as a real estate and service company in Denmark. It operates through two segments, Investment Properties and Project & Service. The company invests, develops, operates, and leases office, shop, office community, housing, warehouse, showroom, clinic, and other properties. It also provides property-related services, including bistro and canteen, design and interior, craftsman, cleaning, meeting and conference rooms, and plant services; car and valet parking services; and repair and renovation services. Jeudan A/S was founded in 1898 and is based in Copenhagen, Denmark.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Jeudan A/S reported revenue of kr 1.8B in FY2025 versus kr 1.8B in FY2021, a compound −0.9%/yr. Reported net income was kr 1.0B in FY2025, compounding −19.2%/yr from FY2021.

Growth Quality 68/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.8B DKK
Latest YoY
+2.5%
Avg. growth/yr (3Y)
−4.3%
Avg. growth/yr (5Y)
+2.7%
Avg. growth/yr (25Y)
+6.5%
Revenue −0.9%/yr
FY21 kr 1.8B
FY22 kr 2.0B
FY23 kr 1.7B
FY24 kr 1.7B
FY25 kr 1.8B
Net income −19.2%/yr
FY21 kr 2.4B
FY22 kr 3.4B
FY23 −kr 828M
FY24 kr 113M
FY25 kr 1.0B

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Cite: Fair Value Calculator (2026). "Jeudan A/S Fair Value". https://www.fairvalue-calculator.com/stock/JDAN

Peer Group

Real Estate Services · 521 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 62 · Above median
Fair Value upside +2% · Below median
Return on equity (TTM) 8% · Above median
Return on assets 2% · Below median
Net margin (TTM) 58% · Top 25%
Operating margin (TTM) 61% · Top 25%
Revenue growth 4% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 1.63× · Higher than 75% of peers

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/E (TTM) 11.3× · Cheaper than median
P/B 0.88× · Pricier than median
P/S (TTM) 6.55× · Pricier than 75% of peers
P/FCF 2.8× · Pricier than median
EV/EBITDA 29.7× · Pricier than 75% of peers

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.

VALUE 36 · sector 37
FUTURE 20 · sector 10
PAST 32 · sector 16
HEALTH 18 · sector 85
DIVIDEND 0 · sector 49

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Vingroup Joint Stock Company VIC 223,000 VND 25,731 VND -88%
KE Holdings 2423 HK$44.76 HK$18.03 -60%
Swire Properties Limited 1972 HK$23.90 HK$18.75 -22%
Plaza S.A MALLPLAZA 3,725 CLP 5,571 CLP +50%
SAGAA SAGAA kr 170.00 kr 75.55 -56%
Cencosud Shopping S.A CENCOMALLS 2,324 CLP 2,976 CLP +28%
PT Sarana Menara Nusantara Tbk. owns and TOWR 372.00 IDR 1,208 IDR +225%
PT Metropolitan Kentjana Tbk MKPI 20,975 IDR 19,160 IDR -9%
PT Bangun Kosambi Sukses Tbk, CBDK 3,530 IDR 3,464 IDR -2%
IRSA Inversiones y Representaciones Sociedad Anónima, IRSA 2,495 ARS 3,998 ARS +60%

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Frequently asked questions

Is Jeudan A/S (JDAN) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of kr 205.53 versus a price of kr 202.00, about +2% (fairly valued).
What is the fair value of JDAN?
Our model-based fair value for Jeudan A/S is kr 205.53 (as of Jul 12, 2026), built from audited fundamentals. The current price is kr 202.00.
What is the quality score of JDAN?
Jeudan A/S has a Quality Score of 62/100. 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 Jeudan A/S (JDAN)?
Jeudan A/S reported trailing-twelve-month revenue of about 1.8B DKK (latest available figure, as of Jul 12, 2026).
What is the net profit margin of JDAN?
The net profit margin of Jeudan A/S is about 57.7%, meaning it keeps roughly 57.7% of revenue as net income. 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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