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Nivika Fastigheter AB (NIVI-B) Fair Value & Analysis

Real Estate · SE · Market cap 3.4B SEK

NF Nivika Fastigheter AB NIVI-B · ST
Pricekr 37.50
Fair Valuekr 45.03
Upside+20.1%
Quality46/100
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Evidence: High Range kr 33.77 – kr 56.29 📤 Share as image

Fair value as of: Jul 17, 2026

From 24 valuation models · updated 4 days ago

Share price −0.8% over the past month.

Price vs Fair Value (12 months)

kr 47.86 kr 35.75 Fair Value kr 45.03 Jul 2025 Jul 2026

12‑month range kr 35.75 – kr 47.86 · fair‑value band kr 33.77 – kr 56.29 · the kr 37.50 price screens below the kr 45.03 fair value. As of Jul 17, 2026.

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Analysis

Nivika Fastigheter AB (NIVI-B) currently trades at kr 37.50, while our model-based Fair Value estimate is kr 45.03, implying the stock looks roughly 20.1% undervalued today. We read business quality at 46/100 (below-average 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, Nivika Fastigheter AB generated revenue of 817M SEK at a net margin of 39.5%. Revenue grew 16.4% year over year. It earns a return on equity of 5.6%. Net debt stands at 6.7B SEK. Fundamentals as of Jul 17, 2026

Our scenario range runs from kr 33.77 (bear case) to kr 56.29 (bull case); at kr 37.50, the current price sits within that range. The share trades about 22% below its 52-week high and 1% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -8% fair-value upside, at 20%, NIVI-B screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 847M SEK
Revenue growth (YoY) +15.5%
Net margin 47.5%
Return on equity 7.1%
Free cash flow 477M SEK FY2025
P/E ratio 8.9
More key figures
Operating margin 68.2%
EPS (TTM) kr 4.21
Dividend yield 1.9%
EPS growth (YoY) +268%
Net debt 6.7B SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 17, 2026. TTM = trailing twelve months.

About the company

Nivika Fastigheter AB (publ), a property company, owns, manages, and develops residential and commercial premises and rentals in Sweden. Its property portfolio consists of apartment building, student housing, industrial, warehouse, office, school/preschool, and community service properties, as well as plots. Nivika Fastigheter AB (publ) was founded in 2000 and is headquartered in Värnamo, Sweden.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Nivika Fastigheter AB reported revenue of kr 789M in FY2025 versus kr 328M in FY2021, a compound +24.6%/yr. Reported net income was kr 254M in FY2025, compounding −8.5%/yr from FY2021.

Revenue +24.6%/yr
FY21 kr 328M
FY22 kr 528M
FY23 kr 612M
FY24 kr 676M
FY25 kr 789M
Net income −8.5%/yr
FY21 kr 363M
FY22 kr 627M
FY23 −kr 317M
FY24 kr 132M
FY25 kr 254M

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

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Frequently asked questions

Is Nivika Fastigheter AB (NIVI-B) undervalued?
As of Jul 17, 2026, our model estimates a fair value of kr 45.03 versus a price of kr 37.50, about +20% (undervalued). Model-based estimate, not financial advice.
What is the fair value of NIVI-B?
Our model-based fair value for Nivika Fastigheter AB is kr 45.03 (as of Jul 17, 2026), built from audited fundamentals. The current price is kr 37.50.
What is the quality score of NIVI-B?
Nivika Fastigheter AB has a Quality Score of 46/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Nivika Fastigheter AB (NIVI-B)?
Nivika Fastigheter AB reported trailing-twelve-month revenue of about 817M SEK (latest available figure, as of Jul 17, 2026).
What is the net profit margin of NIVI-B?
The net profit margin of Nivika Fastigheter AB is about 39.5%, meaning it keeps roughly 39.5% of revenue as net income. Based on the latest reported figures.
Does Nivika Fastigheter AB pay a dividend?
Nivika Fastigheter AB currently shows a dividend yield of about 1.87% relative to its recent price (as of Jul 17, 2026).

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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