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NP3 Fastigheter AB (NP3) Fair Value & Analysis

Real Estate · SE · Market cap 16.1B SEK

NF NP3 Fastigheter AB NP3 · ST
Pricekr 262.00
Fair Valuekr 239.82
Upside-8.5%
Quality44/100
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Evidence: High Range kr 153.32 – kr 339.60 📤 Share as image

Fair value as of: Jul 18, 2026

From 24 valuation models · updated 3 days ago

Fair value updated Jul 18, 2026, revised from kr 240.03 to kr 239.82 (−0.1%) since Jun 26, 2026. Share price +1.0% over the past month.

Price vs Fair Value (12 months)

kr 293.00 kr 231.60 Fair Value kr 239.82 Jul 2025 Jul 2026

12‑month range kr 231.60 – kr 293.00 · fair‑value band kr 153.32 – kr 339.60 · the kr 262.00 price screens above the kr 239.82 fair value. As of Jul 18, 2026.

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Analysis

NP3 Fastigheter AB (NP3) currently trades at kr 262.00, while our model-based Fair Value estimate is kr 239.82, implying the stock looks roughly 8.5% fairly valued today. We read business quality at 44/100 (below-average quality), in the Real Estate sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: 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 Jul 18, 2026

Our scenario range runs from kr 153.32 (bear case) to kr 339.60 (bull case); at kr 262.00, the current price sits within that range. The share trades about 11% below its 52-week high and 18% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -5% fair-value upside, at -8%, NP3 screens richer than that median.

Key figures & financial health

Revenue (TTM) 2.3B SEK
Revenue growth (YoY) +10.0%
Net margin 59.1%
Return on equity 13.3%
Free cash flow 1.0B SEK FY2025
P/E ratio 12.9
More key figures
Operating margin 65.7%
EPS (TTM) kr 20.48
Dividend yield 2.4%
EPS growth (YoY) +37.0%
Net debt 13.9B SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 18, 2026. TTM = trailing twelve months.

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. 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.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NP3 Fastigheter AB reported revenue of kr 2.3B in FY2025 versus kr 1.2B in FY2021, a compound +16.4%/yr. Reported net income was kr 1.3B in FY2025, compounding −10.8%/yr from FY2021.

Revenue +16.4%/yr
FY21 kr 1.2B
FY22 kr 1.6B
FY23 kr 1.8B
FY24 kr 2.0B
FY25 kr 2.3B
Net income −10.8%/yr
FY21 kr 2.0B
FY22 kr 1.2B
FY23 −kr 62.0M
FY24 kr 914M
FY25 kr 1.3B

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Cite: Fair Value Calculator (2026). "NP3 Fastigheter AB Fair Value". https://www.fairvalue-calculator.com/stock/NP3

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Frequently asked questions

Is NP3 Fastigheter AB (NP3) undervalued?
As of Jul 18, 2026, our model estimates a fair value of kr 239.82 versus a price of kr 262.00, about −8% (fairly valued). Model-based estimate, not financial advice.
What is the fair value of NP3?
Our model-based fair value for NP3 Fastigheter AB is kr 239.82 (as of Jul 18, 2026), built from audited fundamentals. The current price is kr 262.00.
What is the quality score of NP3?
NP3 Fastigheter AB has a Quality Score of 44/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of NP3 Fastigheter AB (NP3)?
NP3 Fastigheter AB reported trailing-twelve-month revenue of about 2.3B SEK (latest available figure, as of Jul 18, 2026).
What is the net profit margin of NP3?
The net profit margin of NP3 Fastigheter AB is about 59.1%, meaning it keeps roughly 59.1% of revenue as net income. Based on the latest reported figures.
Does NP3 Fastigheter AB pay a dividend?
NP3 Fastigheter AB currently shows a dividend yield of about 2.41% relative to its recent price (as of Jul 18, 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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