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Logistea AB (LOGI-B) Fair Value & Analysis

Real Estate · SE · Market cap 6.7B SEK (≈ $703M) · ISIN SE0017131337

What is Logistea AB really worth?

LA Logistea AB LOGI-B · ST
Pricekr 13.46
Fair Valuekr 15.80
Upside+17.4%
Quality49/100

Below-average quality, trading 15% below our fair value of kr 15.80.

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Strengths

Healthy Growth (revenue 5y +43.0 %/yr)
Highly profitable · 69.2% net margin
Moderate debt · generates free cash flow
Ranks above peers (9/14)
Wide moat 68/100

For context

·1.49% dividend yield
Evidence: High Range kr 8.08 – kr 23.51

Fair value as of: Aug 27, 2026

From 21 valuation models · updated 8 days ago

Fair value updated Aug 27, 2026, revised from kr 13.79 to kr 15.80 (+14.6%) since Aug 13, 2026. Share price −1.0% 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 8.08 to kr 23.51). The outcome hinges heavily on assumptions, so read the point estimate with 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 30.64 kr 7.32 Fair Value kr 15.80 Nov 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

57‑month range kr 7.32 – kr 30.64 · fair‑value band kr 8.08 – kr 23.51 · the kr 13.46 price screens below the kr 15.80 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 27, 2026.

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Analysis

Logistea AB (LOGI-B) currently trades at kr 13.46, while our model-based Fair Value estimate is kr 15.80, implying the stock looks roughly 14.8% undervalued today. The Quality Score stands at 49/100 (below-average quality), in the Real Estate sector. Bull case: the Growth Earnings group reads highest at a median of kr 46.07 per share, and 12 of the 17 models we run sit above the kr 13.46 price. Bear case: the Asset-Based group reads lowest at kr 10.30, and 5 of the 17 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Logistea AB generated revenue of 1.1B SEK at a net margin of 85.4%. Revenue grew 21.0% year over year. It earns a return on equity of 12.6%. Net debt stands at 7.7B SEK. Fundamentals as of Aug 27, 2026

Our scenario range runs from kr 8.08 (bear case) to kr 23.51 (bull case); at kr 13.46, 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 21% 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 17%, LOGI-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 1.16 per share, which is 7.3 % 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
Growth DCF kr 10.44 kr 31.02 75
Residual Income kr 13.29 kr 14.67 kr 21.83 75
FCF DCF kr 0.5900 kr 8.35 kr 31.98 69
All 21 models by family
DCF Models
FCF DCF kr 0.5900 kr 8.35 kr 31.98 69
5Y EBITDA Exit kr 1.68 kr 14.60 kr 38.95 64
5Y P/E Exit kr 8.59 kr 36.08 kr 72.74 65
10Y Revenue Exit kr 2.29 64
10Y EBITDA Exit kr 1.31 kr 18.11 kr 50.04 58
10Y P/E Exit kr 6.14 kr 31.67 kr 78.17 56
Earnings-Based
Graham-Dodd kr 10.40 kr 72.51 kr 101.75 63
Lynch FV kr 23.88 kr 34.11 kr 44.34 61
PEG = 1.0 kr 23.88 kr 34.11 kr 44.34 57
EPV kr 1.17 68
Multiples
P/E Multiple kr 25.23 kr 33.64 kr 42.05 63
P/S Multiple kr 1.91 kr 2.54 kr 3.18 58
P/B Multiple kr 19.49 kr 25.99 kr 32.49 55
EV/EBIT kr 9.88 kr 17.60 kr 25.31 63
EV/EBITDA kr 2.23 kr 7.40 kr 12.57 61
Asset-Based
NCAV (Graham) kr 7.69 kr 10.30 kr 15.38 54
Growth DCF
Growth DCF kr 10.44 kr 31.02 75
Rev-Margin DCF kr 0.2000 69
Economic Profit
Residual Income kr 13.29 kr 14.67 kr 21.83 75
ROIC Compounder kr 1.17 68
Growth Earnings
Growth-Adj P/E kr 32.25 kr 46.07 kr 59.89 67

Widest divergence: Growth Earnings (kr 46.07) versus Asset-Based (kr 10.30). Highest evidence: Growth DCF (75).

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Key figures & financial health

P/E ratio 7.1 as of Jun 8, 2026
P/S ratio 5.13 P/E × margin
EPS (TTM) kr 1.90 price ÷ EPS = P/E 7.1
Dividend yield 1.5% payout 10.5%
Net margin 72.1% FY2025
Return on equity 12.6% TTM
More key figures
Profitability
Return on assets (EBIT) 7.5% avg 5y
Operating margin 81.7% TTM
Growth
Revenue (TTM) 1.1B SEK TTM
Revenue growth (YoY) +21.0% 3y avg +61.5%
EPS growth (YoY) +103%
Balance sheet & cash flow
Free cash flow 451M SEK FY2025
Net debt 7.7B SEK FY2025 · ≈ 17.1 yrs of FCF

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

Quality Score breakdown

Overall quality 49/100

Of which business quality 49 · Market factors (momentum, volatility) 35

Profitability 39
Margins and returns on capital today
Quality Growth 86
Are margins and returns improving?
Cashflow 76
Earnings quality: real cash, not paper profit
Fin. Strength 34
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 47
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 23
Distance to the 52-week high (market factor)
Net Issuance 18
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

Logistea AB (publ) engages in the real estate business in Sweden, Norway, Denmark, the Netherlands, Germany, Finland, Belgium, and Poland. It acquires, develops, rents, manages, and sells warehousing, logistics, and light industrial properties.

Full company description

Logistea AB (publ) engages in the real estate business in Sweden, Norway, Denmark, the Netherlands, Germany, Finland, Belgium, and Poland. It acquires, develops, rents, manages, and sells warehousing, logistics, and light industrial properties. The company was formerly known as Odd Molly International AB (publ) and changed its name to Logistea AB (publ) in October 2021. The company was incorporated in 2002 and is based in Stockholm, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Logistea AB reported revenue of 1.1B SEK in FY2025 versus 93.0M SEK in FY2021, a compound +84.7%/yr. Reported net income was 781M SEK in FY2025, compounding +26.9%/yr from FY2021.

Growth Quality 100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.1B SEK
Latest YoY
+53.4%
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.
+61.5%
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.
+43.0%
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.
+8.6%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+0.1% · in SEK
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share−1.4%
Dividend yield1.5%
Trend Two data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.5Y −1.4% vs 10Y 2.3%, flattening
Operating margin (EBIT) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.14.4% (2020) → 80.9% (2025) · rising
Worst earnings drop336% (2018) (loss year, drop beyond 100%) · in SEK
⚠ Revenue per share shrinking 26.4%/yr over ~10Y (margins intact) Structural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Revenue +84.7%/yr
FY21 93.0M SEK
FY22 257M SEK
FY23 371M SEK
FY24 706M SEK
FY25 1.1B SEK
Net income +26.9%/yr
FY21 301M SEK
FY22 318M SEK
FY23 −9.0M SEK
FY24 330M SEK
FY25 781M SEK
Character of growth · EPS growth decomposed (2014-2025) −1.7 % p.a.
Revenue per share −28.6 %

of which total revenue +10.3 % · buybacks/dilution −35.3 %

EBIT margin +36.7 %
Tax rate +0.2 %
Residual (interest, one-offs) +0.5 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Logistea AB Fair Value". https://www.fairvalue-calculator.com/stock/LOGI-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 50 · Below median
Fair Value upside +17% · Above median
Return on equity (TTM) 10% · Top 25%
Return on assets 3% · Top 25%
Net margin (TTM) 69% · Top 25%
Operating margin (TTM) 85% · Top 25%
Revenue growth 24% · Top 25%
Dividend yield (TTM) 1.5% · Below median
Debt / equity 0.93× · Higher than median

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/E (TTM) 7.1× · Cheaper than 75% of peers
P/B 0.85× · Pricier than median
P/S (TTM) 5.66× · Pricier than 75% of peers
P/FCF 1.6× · Cheaper than median
EV/EBITDA 13.8× · 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
VALUE57 · sector 30
FUTURE100 · sector 11
PAST41 · sector 17
HEALTH54 · sector 84
DIVIDEND30 · 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 27, 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%

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Frequently asked questions

Is Logistea AB (LOGI-B) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of kr 15.80 versus a price of kr 13.46, about +17% upside (undervalued).
What is the fair value of LOGI-B?
Our model-based fair value for Logistea AB is kr 15.80 (as of Aug 27, 2026), built from audited fundamentals. The current price: kr 13.46.
What is the quality score of LOGI-B?
Logistea AB has a Quality Score of 49/100. 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 Logistea AB (LOGI-B)?
Logistea AB reported trailing-twelve-month revenue of about 1.1B SEK (latest available figure, as of Aug 27, 2026).
What is the net profit margin of LOGI-B?
The net profit margin of Logistea AB is about 85.4%, meaning it keeps roughly 85.4% of revenue as net income. Based on the latest reported figures.
Does Logistea AB pay a dividend?
Logistea AB currently shows a dividend yield of about 1.49% relative to its recent price (as of Aug 27, 2026).
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