NP3 Fastigheter AB (NP3) Fair Value & Analysis
Real Estate · SE · Market cap 16.1B SEK (≈ $1.7B) · ISIN SE0006342333
What is NP3 Fastigheter AB really worth?
Below-average quality, currently priced close to our fair value of kr 239.82.
Strengths
Risks
For context
Fair value as of: Aug 13, 2026
From 14 valuation models · updated 22 days ago
Share price −0.6% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The price sits close to our fair value, market and models broadly agree here, little valuation tension.
- A fairly wide model range (kr 153.32 to kr 339.60) leaves room in how you read the outcome.
- As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range kr 136.37 – kr 345.18 · fair‑value band kr 153.32 – kr 339.60 · the kr 260.50 price screens above the kr 239.82 fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
NP3 Fastigheter AB (NP3) currently trades at kr 260.50, while our model-based Fair Value estimate is kr 239.82, implying the stock looks roughly 8.6% fairly valued today. The Quality Score stands at 44/100 (below-average quality), in the Real Estate sector. Bull case: the DCF Models group reads highest at a median of kr 311.19 per share, and 6 of the 14 models we run sit above the kr 260.50 price. Bear case: the Asset-Based group reads lowest at kr 116.00, and 8 of the 14 models stay below the price. Evidence for this calculation is high.
Over the trailing twelve months, NP3 Fastigheter AB generated revenue of 2.3B SEK at a net margin of 59.1%. Revenue grew 10.0% year over year. It earns a return on equity of 13.3%. Net debt stands at 13.9B SEK. Fundamentals as of Aug 13, 2026
Our scenario range runs from kr 153.32 (bear case) to kr 339.60 (bull case); at kr 260.50, 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 11% below its 52-week high and 17% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at −23% fair-value upside, at −8%, NP3 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 12.49 per share, which is 5.2 % 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.
All 14 models by family
Widest divergence: DCF Models (kr 311.19) versus Asset-Based (kr 116.00). Highest evidence: Residual Income (71).
Notify me when NP3 reaches fair value
Put NP3 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
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 43 · Market factors (momentum, volatility) 45
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
NP3 Fastigheter AB (publ), a real estate company, engages in commercial investment property business in Sweden. The company is involved in property management and letting; acquiring and divesting properties; and development of property portfolio.
Full company description
NP3 Fastigheter AB (publ), a real estate company, engages in commercial investment property business in Sweden. The company is involved in property management and letting; acquiring and divesting properties; and development of property portfolio. Its real estate portfolio consists of commercial, industrial, retail, offices, and logistics, as well as hotels, sports facilities, land, and properties for public use, such as schools. The company was incorporated in 2007 and is headquartered in Sundsvall, Sweden.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
NP3 Fastigheter AB reported revenue of 2.3B SEK in FY2025 versus 1.2B SEK in FY2021, a compound +16.4%/yr. Reported net income was 1.3B SEK in FY2025, compounding −10.8%/yr from FY2021.
of which total revenue +19.4 % · buybacks/dilution −3.1 %
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).
Watch NP3: get an alert when its fair value changes →
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.
Valuation Multiples vs Real Estate Services median · lower = cheaper
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.
Insider activity: 40/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 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% |
Compare NP3 Fastigheter AB with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Real Estate stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is NP3 Fastigheter AB (NP3) overvalued or undervalued?
What is the fair value of NP3?
What is the quality score of NP3?
What is the revenue of NP3 Fastigheter AB (NP3)?
What is the net profit margin of NP3?
Does NP3 Fastigheter AB pay a dividend?
Watch NP3 Fastigheter AB in the live analysis
One click puts NP3 Fastigheter AB 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.