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Prisma Properties AB (PRISMA) Fair Value & Analysis

Real Estate · SE · Market cap 4.1B SEK

PP Prisma Properties AB PRISMA · ST
Pricekr 24.70
Fair Valuekr 18.16
Upside-26.5%
Quality37/100
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Expensive Growth
Highly profitable · 71.3% net margin
Moderate debt · negative free cash flow
Mixed vs. peers (6/12)
Wide moat 65/100
Evidence: High Range kr 13.63 – kr 22.70 Share as image

Fair value as of: Jul 16, 2026

From 7 valuation models · updated 25 days ago

Share price +1.6% over the past month.

Below-average quality, and screening another 26% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (kr 22.70). The favourable scenario is already priced in.
  • Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • 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 (2 years)

kr 27.80 kr 21.82 Fair Value kr 18.16 Jun 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

26‑month range kr 21.82 – kr 27.80 · fair‑value band kr 13.63 – kr 22.70 · the kr 24.70 price screens above the kr 18.16 fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Prisma Properties AB (PRISMA) currently trades at kr 24.70, while our model-based Fair Value estimate is kr 18.16, implying the stock looks roughly 26.5% overvalued today. The Quality Score stands at 37/100 (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, Prisma Properties AB generated revenue of 584M SEK at a net margin of 73.8%. Revenue grew 35.7% year over year. It earns a return on equity of 8.9%. Net debt stands at 4.5B SEK. Fundamentals as of Jul 16, 2026

Our scenario range runs from kr 13.63 (bear case) to kr 22.70 (bull case); at kr 24.70, the current price sits above 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 9% 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 32% fair-value upside, at -26%, PRISMA screens richer 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 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
Residual Income kr 23.79 kr 24.97 kr 26.53 61
P/S Multiple kr 16.03 kr 21.37 kr 26.71 58
P/B Multiple kr 27.22 kr 36.30 kr 45.37 55
All 7 models by family
Multiples
P/S Multiple kr 16.03 kr 21.37 kr 26.71 58
P/B Multiple kr 27.22 kr 36.30 kr 45.37 55
EV/EBIT kr 10.93 kr 23.45 kr 35.96 53
EV/EBITDA kr 2.71 kr 12.49 kr 22.26 54
EV/Revenue kr 3.31 43
Asset-Based
NCAV (Graham) kr 14.83 kr 19.87 kr 29.65 50
Economic Profit
Residual Income kr 23.79 kr 24.97 kr 26.53 61

Widest divergence: Economic Profit (kr 24.97) versus Asset-Based (kr 19.87). Highest evidence: Residual Income (61).

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Key figures & financial health

Revenue (TTM) 633M SEK
Revenue growth (YoY) +38.6%
Net margin 71.3%
Return on equity 9.2%
Free cash flow −464M SEK FY2025
P/E ratio 9.2
More key figures
Operating margin 72.7%
EPS (TTM) kr 2.75
EPS growth (YoY) +46.2%
Net debt 4.5B SEK FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 37/100

Of which business quality 34 · Market factors (momentum, volatility) 55

Profitability 36
Margins and returns on capital today
Quality Growth 72
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 36
Balance sheet, leverage, solvency risk
Investment 37
Disciplined investing over empire-building
Low Volatility 89
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 47
Distance to the 52-week high (market factor)
Net Issuance 42
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

Prisma Properties AB (publ) owns, develops, and leases properties in Sweden, Denmark, Finland, and Norway. It owns and develops properties in discount retail, food and grocery retail, and quick service restaurant sectors. The company was founded in 2016 and is based in Stockholm, Sweden.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Prisma Properties AB reported revenue of kr 539M in FY2025 versus kr 70.9M in FY2021, a compound +66.0%/yr. Reported net income was kr 350M in FY2025, compounding +28.0%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
539M SEK
Latest YoY
+23.9%
Avg. 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.
+37.6%
Revenue +66.0%/yr
FY21 kr 70.9M
FY22 kr 207M
FY23 kr 390M
FY24 kr 435M
FY25 kr 539M
Net income +28.0%/yr
FY21 kr 130M
FY22 kr 258M
FY23 −kr 133M
FY24 kr 36.0M
FY25 kr 350M

PRISMA screens 26% overvalued. Compare with DLF Limited →

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Cite: Fair Value Calculator (2026). "Prisma Properties AB Fair Value". https://www.fairvalue-calculator.com/stock/PRISMA

Peer Group

Real Estate - Development · 588 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 38 · Bottom 25%
Fair Value upside −27% · Below median
Return on equity (TTM) 9% · Above median
Return on assets 3% · Above median
Net margin (TTM) 71% · Top 25%
Operating margin (TTM) 73% · Top 25%
Revenue growth 39% · Top 25%
Debt / equity 0.93× · Higher than 75% of peers

Valuation Multiples vs Real Estate - Development median · lower = cheaper

P/E (TTM) 9.2× · Cheaper than median
P/B 0.85× · Pricier than median
P/S (TTM) 6.53× · Pricier than 75% of peers
EV/EBITDA 18.7× · 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 0 · sector 48
FUTURE 100 · sector 0
PAST 37 · sector 10
HEALTH 53 · sector 84
DIVIDEND 0 · sector 38

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

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 - Development stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
DLF Limited DLF ₹657.75 ₹159.49 -76%
Lodha Developers Limited LODHA ₹1,188 ₹583.43 -51%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,125 IDR 1,330 IDR -78%
Oberoi Realty Limited OBEROIRLTY ₹1,925 ₹1,183 -39%
Godrej Properties Limited GODREJPROP ₹2,102 ₹1,044 -50%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 1,674 IDR +55%
PT Bumi Serpong Damai Tbk, BSDE 555.00 IDR 1,388 IDR +150%
PT Sentul City Tbk, BKSL 64.00 IDR 84.16 IDR +32%
PT Ciputra Development Tbk, CTRA 555.00 IDR 1,388 IDR +150%
PT Duta Pertiwi Tbk DUTI 4,100 IDR 6,239 IDR +52%

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Frequently asked questions

Is Prisma Properties AB (PRISMA) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of kr 18.16 versus a price of kr 24.70, about −26% (overvalued).
What is the fair value of PRISMA?
Our model-based fair value for Prisma Properties AB is kr 18.16 (as of Jul 16, 2026), built from audited fundamentals. The current price is kr 24.70.
What is the quality score of PRISMA?
Prisma Properties AB has a Quality Score of 37/100. 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 Prisma Properties AB (PRISMA)?
Prisma Properties AB reported trailing-twelve-month revenue of about 584M SEK (latest available figure, as of Jul 16, 2026).
What is the net profit margin of PRISMA?
The net profit margin of Prisma Properties AB is about 73.8%, meaning it keeps roughly 73.8% 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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