1. Sweden Stocks

  2. •

    Finance

  3. •

    Real estate development
Pandox AB Class B

Pandox AB Class B

15.04
EUR
+0.58
(+4.01%)
1.52EPS
10.37P/E
3.05BMarket Cap
Feb 04Next Earn
Pandox AB Class B
GETTEX:POX
(Gettex)

Recent

price

15.04

P/E

ratio

10.37

div

yld

5.25%

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
SEK
- -
18.57
19.39
20.51
23.93
26.25
27.04
30.59
32.65
17.29
17.8
30.75
37.25
38.19
38.38
40.33
Revenue per Share
- -
3.32
6.34
8.35
14.21
14.65
19.89
16.84
15.91
-7.61
3.32
22.94
-3.18
9.04
16.13
16.73
Basic EPS, GAAP
- -
2.88
2.22
4.71
4.61
6.22
8.89
-1.8
-18.99
-3.5
-2.61
5.68
1.63
-11.92
-68.24
-56.82
Free Cash Flow per Basic Share
- -
2.25
1.33
7.35
1
3.79
4.09
4.4
4.63
- -
- -
- -
2.5
3.93
4.25
8.75
Dividend per Share
60.36
62.64
69.53
69.35
80.61
95.75
112.51
127.63
143.32
129.89
137.14
167.15
160.85
172.29
173.32
177.94
Book Value per Share
60.36
62.64
69.53
69.35
80.61
95.75
112.51
127.63
143.32
129.89
137.14
167.15
160.85
172.29
173.32
177.94
Tangible Book Value per Share
17
149
149
150
150
150
158
167
170
184
184
184
184
187
195
195
Basic Weighted Avg Shares
- -
2,774
2,897
3,076
3,589
3,945
4,269
5,124
5,553
3,178
3,273
5,654
6,849
7,136
7,469
7,849
Sales/Revenue/Turnover
- -
48.51
45.57
42.75
40.82
42.33
48.77
53.59
54.39
45.44
47.97
52.19
49.5
51.22
53.37
56.1
Operating Margin (%)
- -
88
102
110
137
147
170
163
195
238
280
334
286
287
331
329
Depreciation Expense
- -
497
948
1,253
2,131
2,201
3,140
2,820
2,706
-1,399
610
4,217
-585
1,689
3,139
3,255
Net Income, GAAP
- -
38.75
32.75
7.46
18.94
15.98
13.75
18.48
22.72
- -
31.26
21.44
- -
27.68
17.47
22.14
Effective Tax Rate (%)
- -
17.9
32.72
40.73
59.38
55.79
73.55
55.04
48.73
-44.02
18.64
74.58
-8.54
23.67
42.03
41.47
Profit Margin (%)
-310
125
-159
-1,517
-1,313
-369
-2,265
-7,102
-5,724
-3,172
-3,827
-13,832
-8,320
-1,624
-2,453
-4,596
Working Capital
14,508
14,839
14,402
11,785
13,720
18,294
23,593
20,719
26,621
28,935
30,225
21,080
27,016
36,309
49,247
48,896
LT Debt
9,055
9,395
10,429
10,402
12,215
15,258
19,027
21,538
26,506
24,088
25,422
30,933
29,725
33,695
33,913
34,814
Total Equity
- -
3.43
3.59
5.03
4.65
4.53
4.51
4.71
4.29
- -
1.8
3.58
- -
3.81
3.85
5.58
Return on Invested Capital (%)
- -
3.58
5.49
7.19
9.71
8.27
8.99
7.23
6.2
- -
2.08
7.75
- -
4.87
6.05
6.12
Return on Capital (%)
- -
5.38
9.56
12.03
18.95
16.2
18.51
14.02
11.34
-5.57
2.49
15.08
-1.94
5.35
9.33
9.75
Return on Common Equity (%)

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,799
6,408
5,702
LT Borrowings
45,503
43,587
45,229
LT Finance Leases
3,744
3,714
3,667
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
195
195
195
Market Capitalization
39,139
34,933
33,755

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
18,021
18,182
18,475
Cash, Cash Equivalents & STI
1,186
1,566
1,637
Accounts Receivable, Net
383
292
260
Inventories
8
7
7
Total Current Liabilities
20,474
23,206
23,071
Payables & Accruals
- -
- -
- -
ST Debt
3,799
6,408
5,702
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.41%
7.46%
0.65%
Free Cash Flow
9.22%
-152.86%
496.01%
Net Income, GAAP
-8.9%
6.19%
85.85%
Sales/Revenue/Turnover
10.95%
21.15%
4.67%
Total Cash Common Dividend
- -
- -
12.52%

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,501
1,866
1,873
1,896
7,136
2025
1,518
1,903
- -
2,076
7,469
2026
1,685
2,185
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.43
3.83
-0.22
2.98
9.04
2025
0.58
3.61
- -
8.68
16.13
2026
3.29
1.14
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
4
- -
- -
3.93
2025
- -
4.25
- -
- -
4.25
2026
- -
4.5
- -
- -
- -
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Business
Pandox AB (publ) (PNDX-B.ST) is a leading European hotel property company that owns, develops and leases hotel properties to skilled hotel operators under long-term, turnover-based leases with guaranteed minimum levels. Founded in 1995 and headquartered in Stockholm, Sweden, the company operates primarily through two segments: Leases, which generates the majority of revenue from leasing 139 hotel properties to external operators; and Own Operations, where Pandox directly manages 20 properties. Its portfolio comprises 193 hotel properties with approximately 43,000 rooms across 11 countries, including Sweden, the United Kingdom, Germany, Belgium, Finland, Norway, Denmark, Ireland, Austria, Switzerland and the Netherlands, with a total market value of about SEK 90-93 billion; properties are strategically located in prime city centers, airports and ring roads, targeting upper mid-market and full-service segments serving business, leisure and international travelers. In a major strategic expansion, Pandox completed the acquisition of Dalata Hotel Group plc in November 2025 through a consortium with Eiendomsspar AS, adding 31 high-quality investment properties (6,626 rooms) in Ireland and the UK under brands such as Clayton and Maldron, operated by Scandic Hotels Group under new revenue-based leases; the transaction, valued at approximately EUR 1,200 million post-expected divestment of operations to Scandic in late 2025 or 2026, boosts annual rental income by SEK 1,200 million, cash earnings by SEK 450 million and net asset value by SEK 3,000 million while deepening presence in Europe's fifth-largest hotel market.