Real Estate
Live Price
Offline$5.42
+0.00% today
1Y Change
-26.75%
Window
Jun 30, 2025 → Jun 26, 2026
Coverage: 253 bars · Jun 30, 2025 → Jun 26, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Fastighets AB Balder (publ) (BALDF) is a Real Estate stock with a market cap of $64.54B. The stock last traded around $5.42 and down 26.8% across the available one-year price window (Jun 30, 2025 → Jun 26, 2026). Baseline metrics include revenue growth of +6.3%, EPS growth of +126.6%, a dividend yield of 0.0%. What stands out right now is revenue +6.3%, EPS +126.6%, free cash flow +13.2% with operating margin 66.6% and ROIC 2.8%. Valuation is more restrained than many high-expectation growth names at P/E 8.6 and price/sales 4.7. Stock Foundry combines BALDF price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Real Estate peers on this page.
Benchmark Edge
Normalized return, excess return, max drawdown, and calendar-year wins against the benchmarks investors actually use.
Relative Read
BALDF is 44.74 pts behind over the shared 1Y window.
BALDF had 19.09 pts deeper max drawdown than SPY.
BALDF beat SPY in 0 of 2 calendar years shown and trailed in 2.
BALDF
-26.75%
Normalized return
SPY
+17.99%
S&P 500
Excess Return
-44.74 pts
Relative to SPY
BALDF Max Drawdown
-28.22%
Trailing 1Y
SPY Max Drawdown
-9.13%
Trailing 1Y
Uses the longest available daily history for BALDF and SPY.
| Year | BALDF | SPY | Excess | Leader |
|---|---|---|---|---|
| 2026 | -28.22% | +6.71% | -34.93 pts | SPY |
| 2025 | -6.87% | +11.19% | -18.07 pts | SPY |
Financial profile
Profitability, balance sheet stamina, and cash efficiency drawn from the latest filings.
FY Revenue
$9.0B
-14.9% YoY
FY Net Income
$18.5B
+81.9% YoY
Free Cash Flow
$1.5B
-70.4% YoY
Revenue Growth
+6.3%
EPS Growth
+126.6%
Gross Margin
74.9%
Net Margin
54.9%
Income statement
SEK
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 13.7B | 12.9B | 11.9B | 10.5B | 9.0B |
| Gross Profit | 10.3B | 9.6B | 8.9B | 7.8B | 6.7B |
| Operating Income | 9.1B | 8.5B | 7.8B | 13.6B | 23.5B |
| EBITDA | 9.2B | 10.2B | -4.4B | 13.7B | 23.5B |
| Net Income | 7.6B | 3.3B | -6.7B | 10.2B | 18.5B |
| EPS (Diluted) | — | — | — | — | — |
Balance sheet
SEK
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Cash & Equivalents | 10.5B | 3.4B | 2.4B | 4.0B | 1.3B |
| Total Assets | 275.6B | 267.9B | 253.7B | 263.8B | 229.9B |
| Total Liabilities | 169.4B | 166.2B | 159.8B | 160.9B | 141.4B |
| Shareholder Equity | 93.6B | 88.4B | 82.3B | 90.2B | 77.6B |
| Total Debt | 147.5B | 141.4B | 136.6B | 137.1B | 119.0B |
| Net Debt | 137.0B | 138.1B | 134.2B | 133.2B | 117.7B |
Cash flow positioning
Latest Full Year
Operating Cash Flow
1.5B
-69.8% YoY
Capital Expenditures
70M
+49.3% YoY
Free Cash Flow
1.5B
-70.4% YoY
Key ratios
Gross Margin
74.9%
Operating Margin
66.6%
Net Margin
54.9%
ROE
8.2%
Debt / Equity
1.58x
Next Step
Use the numbers to decide whether this is a growth candidate, a quality compounder, or just an interesting outlier.