1. Sweden Stocks

  2. •

    Finance

  3. •

    Real estate development
JM AB

JM AB

11.41
EUR
-0.42
(-3.55%)
0.00EPS
768.25MMarket Cap
Feb 03Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
160.66
185.73
186.85
210.83
244.54
225.34
224.26
234.12
226.09
217.33
247.56
221.25
165.74
147.97
Basic EPS, GAAP
14.07
17.06
14.54
20.38
31.98
20.45
21.93
22.12
26.06
22.29
15.95
5.47
0.87
-0.05
Free Cash Flow per Basic Share
11.42
12.52
-3.15
21.66
-0.2
-52.11
-20.22
-10.22
-13.96
-28.57
16.37
53.53
21.41
-11.44
Dividend per Share
6.85
7.29
8.04
8.3
9.56
10.99
12
12.5
12.81
13.75
14
3.01
3.26
5.26
Book Value per Share
57.45
61.41
61.43
69.29
86.85
95.48
102.41
109.19
112.65
124.63
123.57
126.66
123
121.73
Tangible Book Value per Share
55.05
58.96
59.15
66.71
84.32
92.9
99.74
106.78
110.02
121.23
120.21
123.23
119.67
117.84
Basic Weighted Avg Shares
78
77
75
73
71
70
70
70
69
67
65
65
65
65
Sales/Revenue/Turnover
12,603
14,216
13,939
15,291
17,275
15,680
15,605
16,291
15,650
14,577
15,969
14,272
10,691
9,545
Operating Margin (%)
11.89
12.62
10.35
12.53
14.14
11.88
12.02
12.26
13.95
13.64
11.06
4.83
3.24
1.86
Depreciation Expense
5
6
8
8
7
8
114
105
113
105
392
189
209
- -
Net Income, GAAP
1,104
1,306
1,085
1,478
2,259
1,423
1,526
1,539
1,804
1,495
1,029
353
56
-3
Effective Tax Rate (%)
24.59
25.11
23.97
21
15.27
21.25
18.92
19.72
15.98
20.91
25.7
34.39
55.81
118.75
Profit Margin (%)
8.76
9.19
7.78
9.67
13.08
9.08
9.78
9.45
11.53
10.26
6.44
2.47
0.52
-0.03
Working Capital
6,794
7,258
7,024
7,642
8,929
10,276
12,018
11,970
11,196
11,249
11,225
10,308
9,934
10,154
LT Debt
319
374
483
517
203
146
1,359
1,180
818
892
951
575
602
939
Total Equity
4,455
4,635
4,521
4,951
6,043
6,644
7,126
7,598
7,733
8,039
7,971
8,170
7,934
7,852
Return on Invested Capital (%)
20.89
24.13
17.37
18
20.29
12.98
12.44
11.05
9.9
6.66
4.56
2.02
0.73
-0.2
Return on Capital (%)
22.38
25.14
17.83
18.3
23.03
13.3
12.61
11.18
9.98
6.76
4.69
2.1
0.77
-0.22
Return on Common Equity (%)
24.95
28.73
23.7
31.21
41.1
22.43
22.16
20.9
23.53
18.96
12.85
4.37
0.7
-0.04

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
10,456
11,783
13,226
LT Borrowings
128
- -
- -
LT Finance Leases
474
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
65
65
65
Market Capitalization
8,876
7,644
8,509

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
23,013
25,596
26,733
Cash, Cash Equivalents & STI
580
550
996
Accounts Receivable, Net
403
- -
- -
Inventories
18,684
20,782
21,564
Total Current Liabilities
13,079
15,183
16,579
Payables & Accruals
- -
- -
- -
ST Debt
10,456
11,783
13,226
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.99%
0.9%
-2.89%
Free Cash Flow
2,496.6%
29.21%
-60.01%
Net Income, GAAP
-12.08%
-36.18%
-84.14%
Sales/Revenue/Turnover
-1.96%
-7.39%
-25.09%
Total Cash Common Dividend
-2.73%
-13.29%
8.25%

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,765
4,668
2,839
4,001
14,272
2025
2,279
3,248
- -
1,855
10,691
2026
2,094
2,348
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.74
2.54
0.6
1.57
5.47
2025
0.54
1.18
- -
-0.36
0.87
2026
0.5
-1.36
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
3.01
- -
- -
3.01
2025
- -
3.26
- -
- -
3.26
2026
- -
2
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Mikael Anders Aslund
Full Time Employees
1,830
Sector
Finance
Industry
Real estate development
Address
Mathildatorget 9 Stockholm AB Sweden 169 82
IPO Date
Mar 18, 1982
Website
jm.se
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Business
JM AB (publ) JM AB (publ) develops and sells housing and residential areas primarily in the Nordic region. The company operates through segments including JM Residential Stockholm, JM Residential Sweden, JM Norway, JM Finland, JM Property Development and JM Construction; it acquires development properties, plans and pre-constructs projects, produces and sells residential units such as apartments and single-family homes, develops rental units, residential care units under brands like Seniorgarden and commercial properties, and provides economic, technical management and housing services to tenant-owners associations along with contract works mainly in Greater Stockholm. JM focuses on expansion areas in metropolitan regions and university towns across Sweden, Norway and Finland, with operations also noted in Denmark and Belgium; founded in 1945 and headquartered in Solna, Sweden, it employs around 1,947 to 2,453 people. In 2025, JM completed capital-efficient land acquisitions including building rights in Espoo, Finland for SEK 99 million and others totaling SEK 317 million in the first half, increased housing starts to 1,224 units in January-June from 867 amid a cautious market, sold the Bovetet rental project of 205 units post-quarter, started production on a 165-unit rental project, and proposes integrating its property development segment into JM Residential from 2026 to streamline structure.