Tingsvalvet Fastighets AB (TINGS-A) fair value: what the stock is really worth
As of Oct 20, 2026: fair value (intrinsic value) of Tingsvalvet Fastighets AB stock SEK 58.40, price SEK 45.80, upside +27.5%, quality 51 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
60‑month range kr 17.88 – kr 98.85 · fair‑value band kr 53.65 – kr 137.88 · the kr 45.80 price screens below the kr 58.40 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.
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Tingsvalvet Fastighets AB (publ), a real estate company, owns, manages, and leases office and commercial properties in Central Sweden. Tingsvalvet Fastighets AB (publ) was incorporated in 2018 and is headquartered in Eskilstuna, Sweden.
Stock analysis
Tingsvalvet Fastighets AB (TINGS-A) currently trades at kr 45.80, while our model-based Fair Value estimate is kr 58.40, implying the stock looks roughly 21.6% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of kr 78.94 per share, and 9 of the 13 models we run sit above the kr 45.80 price.
Bear case: the Asset-Based group reads lowest at kr 43.90, and 4 of the 13 models stay below the price. Data coverage for this calculation is high.
Scenario range: kr 53.65 (bear) to kr 137.88 (bull), the price of kr 45.80 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 51/100 (solid quality), in the Real Estate sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Tingsvalvet Fastighets AB reported revenue of 212M SEK in FY2025 versus 47.4M SEK in FY2021, a compound +45.4%/yr. Reported net income was 124M SEK in FY2025.
Key figures
Market cap 908M SEK (≈ $91.6M) Micro · P/E ratio 13.0 · P/S ratio 7.61 · EPS (TTM) kr 4.00 · Dividend yield 0.7% · Net margin 58.6% · Return on equity 9.0% · Return on assets (EBIT) 4.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 69 out of 100 (medium confidence).
What moves the price
The share trades about 19% below its 52-week high and 44% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −10% fair-value upside, at 28%, TINGS-A screens cheaper than that median.
Fair Value models
Bearkr 53.65Fair Value kr 58.40Bullkr 137.88
Price kr 45.80 · Upside +27.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (kr 2.97 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.86/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+35.0%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+40.7%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+35.3%
Start year 2020 (pandemic)
’20
’21
’22
’23
’24
’25
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
67.8% (2020) → 68.8% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: no profitable base year
not computed
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+29.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Sweden: IMF forecast 2.0% a year to 2030, 2.9% from 2016 to 2025) that is about +27.2% a year for the price.
Compare Tingsvalvet Fastighets AB with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Real Estate Services · 526 stocks
Beats the industry median on 6/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score51 · Below median
Fair Value upside+27.5% · Above median
Profitability
Return on equity (12 months)9.0% · Above median
Return on assets3.8% · Above median
Net margin (12 months)41.1% · Above median
Operating margin (12 months)73.4% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)21.5% · Top 25%
Dividend yield (12 months)0.7% · Bottom 25%
Balance sheet
Debt / equity1.52× · Highest 25%
Valuation Multiplesvs Real Estate Services median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Tingsvalvet Fastighets AB Fair Value". https://www.fairvalue-calculator.com/stock/TINGS-A
Frequently asked questions
Is Tingsvalvet Fastighets AB (TINGS-A) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of kr 58.40 versus a price of kr 45.80, about +28% upside (undervalued).
What is the fair value of TINGS-A?
Our model-based fair value for Tingsvalvet Fastighets AB is kr 58.40 (as of Oct 3, 2026), built from audited fundamentals. The current price: kr 45.80.
What is the quality score of TINGS-A?
Tingsvalvet Fastighets AB has a Quality Score of 51/100. 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 price target for Tingsvalvet Fastighets AB (TINGS-A)?
Our model-based price target is the fair value of kr 58.40 (as of Oct 3, 2026) from 14 valuation models. Cautious scenario kr 53.65, optimistic scenario kr 137.88. It is a calculation from audited fundamentals, not an analyst target.
What is the Tingsvalvet Fastighets AB stock forecast for 2026?
Our models put fair value at kr 58.40, about +28% upside versus a price of kr 45.80 (undervalued). Cautious scenario kr 53.65, optimistic scenario kr 137.88. The calculation is refreshed regularly with new filings.
What is the revenue of Tingsvalvet Fastighets AB (TINGS-A)?
Tingsvalvet Fastighets AB reported trailing-twelve-month revenue of about 239M SEK (latest available figure, as of Oct 3, 2026).
Does Tingsvalvet Fastighets AB pay a dividend?
Tingsvalvet Fastighets AB currently shows a dividend yield of 0.66% relative to its recent price (as of Oct 3, 2026).
What growth is priced into Tingsvalvet Fastighets AB (TINGS-A)?
For today's price to be fair in a discounted-cash-flow model, Tingsvalvet Fastighets AB would have to grow free cash flow by +29.7 % per year for five years (discount rate 12.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +35.3 % per year. As of Oct 3, 2026.
What discount rate (WACC) does the fair value of TINGS-A use?
Our models discount Tingsvalvet Fastighets AB at 12.0 %: a base by market capitalisation (micro), damped by beta 0.85, country premium for Sweden. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Tingsvalvet Fastighets AB that is +29.7 % per year a year over ten years, using the same discount rate (12.0 %) and the same formula as our fair value.
How much growth has Tingsvalvet Fastighets AB (TINGS-A) delivered so far?
Over the past 5 years revenue at Tingsvalvet Fastighets AB grew +35.3 % a year. The price currently implies +29.7 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Tingsvalvet Fastighets AB (TINGS-A) growing?
The median revenue growth in the sector is +2.3 % a year. That is the yardstick for the growth priced into Tingsvalvet Fastighets AB (+29.7 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Tingsvalvet Fastighets AB (TINGS-A)?
The free-cash-flow yield on the price is 7.80 %: that much free cash flow Tingsvalvet Fastighets AB produces per unit of market value. When it exceeds the discount rate of our models (12.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Tingsvalvet Fastighets AB (TINGS-A)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Tingsvalvet Fastighets AB it is kr 58.40 per share (as of Oct 3, 2026), against a price of kr 45.80. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Tingsvalvet Fastighets AB stock overvalued or undervalued in 2026?
As of Oct 3, 2026, TINGS-A trades below its calculated fair value: price kr 45.80, fair value kr 58.40, a gap of about +28% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TINGS-A?
No. The price is what the market pays today (kr 45.80); the fair value is what the company's own numbers justify (kr 58.40). For Tingsvalvet Fastighets AB the two are kr 12.60 per share apart. That gap is exactly why we show both numbers side by side.
How much is Tingsvalvet Fastighets AB worth?
The market values Tingsvalvet Fastighets AB at about 908M SEK (market capitalisation, as of Oct 3, 2026). Per share that is kr 45.80; our models calculate a fair value of kr 58.40 per share.
What do the bullish and bearish scenarios say about TINGS-A?
Our models span a range for Tingsvalvet Fastighets AB: cautious scenario kr 53.65, base kr 58.40, optimistic kr 137.88 per share (as of Oct 3, 2026, price kr 45.80). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TINGS-A?
Tingsvalvet Fastighets AB trades at a price-to-earnings ratio of 13.0 (as of Oct 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of kr 58.40 is built from several models across several years. Other multiples: P/B 0.8, P/S 3.8, EV/EBITDA 14.5.
How solid is the balance sheet of Tingsvalvet Fastighets AB (TINGS-A)?
Balance-sheet figures for Tingsvalvet Fastighets AB (as of Oct 3, 2026): return on equity 9.0%, debt of 1.52 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is TINGS-A from its 52-week high?
Tingsvalvet Fastighets AB trades at kr 45.80, about 19% below its 52-week high of kr 56.50 and 44% above the low of kr 31.79 (as of Oct 20, 2026). Distance from the high says nothing about value: that is what the fair value of kr 58.40 is for.
Which stocks are comparable to Tingsvalvet Fastighets AB?
From the same area (Real Estate) we also value CBRE Group, KE Holdings, Swire Properties Limited, Cellnex Telecom, S.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Tingsvalvet Fastighets AB stock attractive at the current price?
The data as of Oct 3, 2026: price kr 45.80, calculated fair value kr 58.40 (+28%), Quality Score 51/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TINGS-A calculated?
We run Tingsvalvet Fastighets AB through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of kr 58.40, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.8 % above its aggregate fair value. Tingsvalvet Fastighets AB currently trades 22 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Tingsvalvet Fastighets AB (TINGS-A)?
The closing price on Oct 20, 2026 was kr 45.80. Our model-based fair value is kr 58.40, about +28% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Tingsvalvet Fastighets AB right now?
The price is below even our cautious bear case (kr 53.65). The market is more pessimistic than our downside scenario. Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (kr 53.65 to kr 137.88) 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.
Key figures of Tingsvalvet Fastighets AB
How large is the market capitalisation of Tingsvalvet Fastighets AB (TINGS-A)?
The market capitalisation of Tingsvalvet Fastighets AB is 908M SEK (≈ $91.6M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Tingsvalvet Fastighets AB (TINGS-A)?
The price-to-sales ratio of Tingsvalvet Fastighets AB is 7.61 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Tingsvalvet Fastighets AB (TINGS-A)?
Earnings per share at Tingsvalvet Fastighets AB are kr 4.00 (price ÷ EPS = P/E 13.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Tingsvalvet Fastighets AB (TINGS-A)?
The dividend yield of Tingsvalvet Fastighets AB is 0.7% (payout 7.5%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Tingsvalvet Fastighets AB (TINGS-A)?
The net margin of Tingsvalvet Fastighets AB is 58.6% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Tingsvalvet Fastighets AB (TINGS-A)?
The return on equity (ROE) of Tingsvalvet Fastighets AB is 9.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Tingsvalvet Fastighets AB (TINGS-A)?
On an EBIT basis the return on assets of Tingsvalvet Fastighets AB is 4.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Tingsvalvet Fastighets AB (TINGS-A)?
The operating margin of Tingsvalvet Fastighets AB is 73.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Tingsvalvet Fastighets AB (TINGS-A)?
Revenue at Tingsvalvet Fastighets AB is growing +21.5% versus a year earlier (3y avg +40.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Tingsvalvet Fastighets AB (TINGS-A)?
Earnings per share at Tingsvalvet Fastighets AB are growing −72.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Tingsvalvet Fastighets AB (TINGS-A) carry?
The net debt of Tingsvalvet Fastighets AB is 1.8B SEK (fiscal year 2025, ≈ 28.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Oct 3, 2026