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Stendörren Fastigheter AB (STEF-B) Fair Value & Analysis

Real Estate · SE · Market cap 5.9B SEK

SF Stendörren Fastigheter AB STEF-B · ST
Pricekr 179.80
Fair Valuekr 106.27
Upside-40.9%
Quality46/100
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Evidence: High Range kr 62.20 – kr 106.27 📤 Share as image

Fair value as of: Jul 19, 2026

From 23 valuation models · updated 2 days ago

Share price +3.2% over the past month.

Price vs Fair Value (12 months)

kr 216.00 kr 172.20 Fair Value kr 106.27 Jul 2025 Jul 2026

12‑month range kr 172.20 – kr 216.00 · fair‑value band kr 62.20 – kr 106.27 · the kr 179.80 price screens above the kr 106.27 fair value. As of Jul 19, 2026.

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Analysis

Stendörren Fastigheter AB (STEF-B) currently trades at kr 179.80, while our model-based Fair Value estimate is kr 106.27, implying the stock looks roughly 40.9% overvalued today. We read business quality at 46/100 (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, Stendörren Fastigheter AB generated revenue of 1.1B SEK at a net margin of 18.1%. Revenue grew 18.6% year over year. It earns a return on equity of 3.4%. Net debt stands at 9.6B SEK. Fundamentals as of Jul 19, 2026

Our scenario range runs from kr 62.20 (bear case) to kr 106.27 (bull case); at kr 179.80, the current price sits above that range. The share trades about 18% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 9% fair-value upside, at -41%, STEF-B screens richer than that median.

Key figures & financial health

Revenue (TTM) 1.1B SEK
Revenue growth (YoY) +17.3%
Net margin 18.2%
Return on equity 3.4%
Free cash flow 366M SEK FY2025
P/E ratio 34.4
More key figures
Operating margin 68.4%
EPS (TTM) kr 5.23
EPS growth (YoY) +18.2%
Net debt 9.6B SEK FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 19, 2026. TTM = trailing twelve months.

About the company

Stendörren Fastigheter AB (publ), a real estate company, engages in managing, developing, and acquiring properties and building rights in logistics, warehouse, and light industry primarily located in Greater Stockholm and Mälardalen. It acquired industrial property Strombrytaren 1 area amounts to 2,700 square meters. The company was formerly known as Header Compression Sweden Holding AB and changed its name to Stendörren Fastigheter AB (publ) in November 2014. Stendörren Fastigheter AB (publ) was incorporated in 2010 and is based in Stockholm, Sweden.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Stendörren Fastigheter AB reported revenue of kr 1.1B in FY2025 versus kr 653M in FY2021, a compound +13.6%/yr. Reported net income was kr 173M in FY2025, compounding −38.5%/yr from FY2021.

Revenue +13.6%/yr
FY21 kr 653M
FY22 kr 733M
FY23 kr 967M
FY24 kr 902M
FY25 kr 1.1B
Net income −38.5%/yr
FY21 kr 1.2B
FY22 kr 268M
FY23 −kr 246M
FY24 kr 327M
FY25 kr 173M

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

Similar stocks

10 more Real Estate - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Mitsubishi Estate Co MITEY $24.70 $13.49 -45%
Mitsui Fudosan Co MTSFF $9.40 $10.25 +9%
Henderson Land Development Company HLDVF $3.70 $2.19 -41%
Swiss Prime Site AG SPSN CHF 129.50 CHF 40.79 -69%
Central Pattana Public Company CPN 64.00 THB 84.32 THB +32%
SM Prime Holdings SPHXF $0.2801 $0.4700 +68%
Prestige Estates Projects Limited PRESTIGE ₹1,328 ₹971.43 -27%
The Phoenix Mills Limited PHOENIXLTD ₹1,751 ₹699.95 -60%
Fastighets AB BALDF $5.42 $7.00 +29%
NEPI Rockcastle N.V NRP €7.99 €14.07 +76%

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Frequently asked questions

Is Stendörren Fastigheter AB (STEF-B) undervalued?
As of Jul 19, 2026, our model estimates a fair value of kr 106.27 versus a price of kr 179.80, about −41% (overvalued). Model-based estimate, not financial advice.
What is the fair value of STEF-B?
Our model-based fair value for Stendörren Fastigheter AB is kr 106.27 (as of Jul 19, 2026), built from audited fundamentals. The current price is kr 179.80.
What is the quality score of STEF-B?
Stendörren 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 Stendörren Fastigheter AB (STEF-B)?
Stendörren Fastigheter AB reported trailing-twelve-month revenue of about 1.1B SEK (latest available figure, as of Jul 19, 2026).
What is the net profit margin of STEF-B?
The net profit margin of Stendörren Fastigheter AB is about 18.1%, meaning it keeps roughly 18.1% 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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