-1.88%
4.37%
-1.61%
1.20%
17.50%
129.56%
137.92%
AI Spotlight on WIHL
Company Description
Wihlborgs Fastigheter AB (publ), a property company, owns, develops, rents, and manages commercial properties in the Öresund region, Sweden.The company's property portfolio includes office/retail, logistics/production, and projects and land in Malmö, Helsingborg, Lund, and Copenhagen.As of December 31, 2021, its property portfolio consisted of 299 properties with a total lettable area of approximately 2,143,000 square meters.
The company was founded in 1924 and is headquartered in Malmö, Sweden.
Market Data
| Last Price | 109.8 |
| Change Percentage | -1.88% |
| Open | 111.8 |
| Previous Close | 111.9 |
| Market Cap ( Millions) | 33755 |
| Volume | 243396 |
| Year High | 121.6 |
| Year Low | 82.25 |
| M A 50 | 106.02 |
| M A 200 | 106.35 |
Financial Ratios
| FCF Yield | 5.57% |
| Dividend Yield | 2.87% |
| ROE | 2.22% |
| Debt / Equity | 133.64% |
| Net Debt / EBIDTA | 1646.96% |
| Price To Book | 1.51 |
| Price Earnings Ratio | 68.06 |
| Price To FCF | 17.96 |
| Price To sales | 8.24 |
| EV / EBITDA | 35.14 |
News
- Jan -09 - Wihlborgs to build new facility for BPC Instruments in Lund
- Nov -20 - Malmö University selects design concept for its new building
- Nov -04 - Whitecap Resources (TSX:WCP) Closes $400M Note Offering, Highlights Strong Financial Positioning
- Oct -25 - Wihlborgs Fastigheter AB (FRA:1EJ) Q3 2024 Earnings Call Highlights: Record Rental Income and ...
- Oct -24 - Wihlborgs sells Vasekaer 7 development rights to add housing to Hørkær area
- May -17 - Peab to construct industrial building in Malmö
- Jul -10 - UPDATE 2-European stocks start week on steady footing, China worries linger
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Rental
Expected Growth : 6.5 %
What the company do ?
Rental from Wihlborgs Fastigheter AB (publ) refers to the rental income generated from the company's commercial properties, including offices, warehouses, and retail spaces.
Why we expect these perspectives ?
Wihlborgs Fastigheter AB's 6.5% rental growth is driven by strong demand for commercial properties in Sweden, particularly in Malmö and Lund. The company's strategic focus on office and logistics properties, coupled with its proactive asset management and value-enhancing initiatives, contribute to the growth. Additionally, the Swedish economy's resilience and favorable business climate support the upward trend in rental income.
Segment n°2 -> Heating, Electricity, and Water and Sewerage
Expected Growth : 7.5 %
What the company do ?
Heating, Electricity, and Water and Sewerage are utilities provided by Wihlborgs Fastigheter AB (publ) for comfortable living and daily needs.
Why we expect these perspectives ?
Wihlborgs Fastigheter AB (publ) achieved 7.5% growth driven by increasing demand for sustainable buildings, energy-efficient solutions, and rising property values. Heating growth was fueled by investments in biomass and district heating. Electricity growth was driven by the adoption of renewable energy sources and energy storage solutions. Water and Sewerage growth was attributed to infrastructure upgrades and water conservation measures.
Wihlborgs Fastigheter Ab (Publ) Products
| Product Range | What is it ? |
|---|---|
| Office Spaces | Wihlborgs Fastigheter AB (publ) offers high-quality office spaces for rent, tailored to meet the needs of businesses of all sizes. |
| Industrial and Logistics Properties | The company provides industrial and logistics properties for rent, suitable for various industries and businesses. |
| Retail Spaces | Wihlborgs Fastigheter AB (publ) offers retail spaces for rent, located in prime areas with high foot traffic. |
| Residential Properties | The company develops and manages residential properties, offering apartments and houses for rent. |
| Land and Development Projects | Wihlborgs Fastigheter AB (publ) acquires and develops land for future projects, including residential and commercial properties. |
| Property Management Services | The company provides comprehensive property management services, including maintenance, repairs, and administrative support. |
Wihlborgs Fastigheter AB (publ)'s Porter Forces
Threat Of Substitutes
Wihlborgs Fastigheter AB (publ) operates in the real estate industry, where substitutes are limited. However, the company faces competition from other real estate companies, which could lead to a medium threat of substitutes.
Bargaining Power Of Customers
Wihlborgs Fastigheter AB (publ) has a diversified customer base, which reduces the bargaining power of individual customers. Additionally, the company's strong brand reputation and high-quality properties reduce the likelihood of customers switching to competitors.
Bargaining Power Of Suppliers
Wihlborgs Fastigheter AB (publ) relies on suppliers for construction materials, maintenance services, and other essential inputs. While the company has some bargaining power due to its size, suppliers may still have some negotiating power, particularly in times of high demand.
Threat Of New Entrants
The real estate industry has high barriers to entry, including significant capital requirements and regulatory hurdles. Additionally, Wihlborgs Fastigheter AB (publ) has a strong brand reputation and established relationships with customers, making it difficult for new entrants to gain traction.
Intensity Of Rivalry
The real estate industry is highly competitive, with many established players competing for market share. Wihlborgs Fastigheter AB (publ) faces intense competition from other real estate companies, which could lead to pricing pressure and reduced market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 55.52% |
| Debt Cost | 3.95% |
| Equity Weight | 44.48% |
| Equity Cost | 9.08% |
| WACC | 6.23% |
| Leverage | 124.84% |
Wihlborgs Fastigheter AB (publ) : Quality Control
Wihlborgs Fastigheter AB (publ) passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| FABG.ST | Fabege AB (publ), a property company, focuses primarily on the development, investment, and management of commercial premises in Sweden. Its property portfolio comprises office, retail, industrial/warehouse, residential, hotel, and garage … |
| VGP.BR | VGP NV, together with its subsidiaries, develops, owns, and manages logistics and semi-industrial real estate, and ancillary offices. It leases its properties to tenants in the logistic sector, including storing, … |
| GRI.L | Grainger plc, together with its subsidiaries, designs, owns, operates, manages, and rents residential properties in the United Kingdom. It also provides property and asset management services. The company was incorporated … |
| ALLN.SW | Allreal Holding AG, through its subsidiaries, operates as a real estate company in Switzerland. It operates through two divisions, Real Estate and Projects & Development. The Real Estate division invests … |
| AT1.DE | Aroundtown SA, together with its subsidiaries, operates as a real estate company in Germany, the Netherlands, the United Kingdom, Belgium, and internationally. It invests in commercial and residential real estate … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Allreal Holding
A-Score
1-Year Total Return ->
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Wihlborgs Fastigheter
A-Score
1-Year Total Return ->
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Aroundtown
A-Score
1-Year Total Return ->
4
Grainger
A-Score
1-Year Total Return ->
5
VGP
A-Score
1-Year Total Return ->
6
