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Eastnine AB (publ)

Eastnine AB (publ)

EAST.ST
Eastnine AB (publ)SE flagStockholm Stock Exchange
48.70
SEK
+2.45
- -
4.76BMarket Cap
Eastnine AB (publ)
EAST.ST
(Stockholm Stock Exchange)

Recent

price

48.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
-1.05
0.12
0.2
-0.25
0.08
0.15
0.21
0.22
0.5
0.52
0.9
1.32
-0.79
0.19
0.6
0.25
Revenue per Share
0.82
-0.9
0.1
0.18
-0.27
0.06
0.12
0.18
0.18
0.42
0.42
0.82
1.22
-0.81
0.07
0.43
0.18
Basic EPS, GAAP
0.02
-0.08
-0.01
-0.03
-0.01
-0.02
-0.03
-0.02
0.02
-1.31
0.1
0.2
0.22
0.19
0.24
0.3
0.45
Free Cash Flow per Basic Share
0.06
0.18
0.02
- -
- -
- -
0.02
0.02
0.05
0.05
0.06
0.06
0.07
0.07
0.09
0.11
0.16
Dividend per Share
0.34
-0.54
-0.45
-0.3
-0.57
-0.56
-0.48
-0.36
-0.22
0.19
0.61
1.4
2.62
1.81
1.86
2.03
2.1
Book Value per Share
3.76
2.06
2.18
1.82
2.05
2.16
2.29
2.49
2.72
3.16
3.64
4.24
5.39
4.5
4.87
4.78
4.87
Tangible Book Value per Share
140
142
138
129
127
117
108
97
89
85
85
89
89
89
90
98
98
Basic Weighted Avg Shares
- -
-150
16
26
-32
9
16
21
20
42
44
80
118
-70
17
58
24
Sales/Revenue/Turnover
- -
4.82
121.71
103.65
106.44
79.13
82.32
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
5
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
115
-128
14
23
-34
7
13
17
16
35
36
72
109
-72
6
42
17
Net Income, GAAP
0.78
- -
- -
1.44
- -
- -
- -
- -
6.13
6.79
11.16
4.75
3.99
- -
53.09
22.02
13.4
Effective Tax Rate (%)
- -
85.37
88.7
90.41
106.44
79.13
82.32
82.91
78.96
83.89
81.39
90.46
92.32
102.55
34.81
71.53
71.9
Profit Margin (%)
71
46
56
3
1
1
31
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
77
- -
- -
- -
- -
68
139
174
242
329
286
501
509
521
LT Debt
525
293
301
309
261
254
248
242
241
268
310
376
479
400
437
468
476
Total Equity
21.65
- -
- -
7.53
- -
2.82
5.31
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
198.4
- -
- -
156.79
- -
-10.53
-22.66
-39.27
235.97
34.73
18.96
24.39
23.37
- -
1.06
6.07
2.44
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
106.29
81.96
60.75
-36.58
3.6
22.84
8.75
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
98
98
Market Capitalization
407
454
397

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
47
60
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.03%
9.7%
7.01%
Free Cash Flow
-639.59%
32.91%
38.39%
Net Income, GAAP
71.31%
96.41%
606.48%
Sales/Revenue/Turnover
30.45%
17.4%
243.83%
Total Cash Common Dividend
- -
15.25%
26.07%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
9
2
3
4
17
2025
29
7
- -
7
58
2026
10
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
- -
0.01
- -
0.07
2025
0.23
0.06
- -
0.05
0.43
2026
0.08
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.02
0.09
0.09
2025
0.02
0.03
- -
0.11
0.11
2026
0.03
- -
- -
- -
- -
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Business
Eastnine AB (publ) is a Sweden-based real estate company focused on owning and managing modern, sustainable office properties in prime locations across the Baltics and Poland. Founded in 2007 and headquartered in Stockholm, the company operates through three main business segments: properties in Lithuania concentrated in Vilnius's central business district, parliamentary quarters, and development areas near the central station; properties in Latvia comprising three office buildings and one development site in central Riga; and properties in Poland including two office buildings in Poznan. Its portfolio primarily features high-quality, ESG-certified office premises leased to large Nordic and international corporate tenants, supplemented by land reserves for future developments; rental income forms the core revenue stream, with recent financials showing trailing twelve-month revenue of SEK 593.35 million and net income of SEK 310.62 million. In late 2024, Eastnine expanded aggressively in Poland through the EUR 280 million acquisition of the 46-storey Warsaw Unit office tower from Ghelamco, marking Europe's largest office transaction that year and establishing a presence in Warsaw; it also acquired the Nowy Rynek E office building in Poznan from Skanska for over EUR 79 million, complementing its existing assets in the Nowy Rynek campus and signaling further growth in key markets.