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Heba Fastighets AB (publ)

Heba Fastighets AB (publ)

HEBA-B.ST
Heba Fastighets AB (publ)SE flagStockholm Stock Exchange
24.80
SEK
+0.35
- -
3.85BMarket Cap
Heba Fastighets AB (publ)
HEBA-B.ST
(Stockholm Stock Exchange)

Recent

price

24.80

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
1.43
1.4
1.4
1.5
1.62
1.71
1.79
2.03
2.3
2.35
2.38
2.72
3.09
3.43
3.4
3.77
3.58
Revenue per Share
1.45
1.28
1.98
1.11
0.76
5.47
2.26
2.23
3.96
4.39
4.35
8.93
-0.82
-4.31
0.6
1.8
1.44
Basic EPS, GAAP
0.56
0.57
0.61
0.38
0.65
0.7
0.91
1.05
1.03
1.05
1.14
1.41
1.19
1.43
1.3
1.35
1.31
Free Cash Flow per Basic Share
0.25
0.28
0.25
0.28
0.3
0.32
0.38
0.4
0.45
0.55
0.6
0.65
0.8
0.45
0.52
0.54
0.52
Dividend per Share
13.08
14.08
15.81
16.65
17.11
22.25
24.13
25.96
29.47
33.3
37.05
45.34
43.71
38.95
39.03
39.49
38.45
Book Value per Share
13.11
14.11
15.84
16.68
17.14
22.28
24.16
25.99
29.49
33.33
37.08
45.34
43.71
38.96
39.01
39.48
38.43
Tangible Book Value per Share
165
165
165
165
165
165
165
165
165
165
165
165
165
165
165
160
164
Basic Weighted Avg Shares
236
231
231
248
267
282
295
335
381
388
394
450
510
566
562
605
589
Sales/Revenue/Turnover
49.46
50.76
51.78
54.2
54.52
55.75
54.79
55.81
57.97
59.69
60.86
61.33
63.44
64.64
64.94
65.6
66.23
Operating Margin (%)
- -
- -
- -
1
1
1
2
2
2
3
3
3
4
2
4
5
13
Depreciation Expense
239
211
327
184
126
903
372
368
654
724
718
1,475
-136
-712
99
289
237
Net Income, GAAP
17.33
14.93
- -
21.85
22
21.99
15.33
21.89
9.77
7.22
21.1
16.83
- -
- -
30.73
23.44
21.03
Effective Tax Rate (%)
101.49
91.33
141.25
74.19
47.04
319.7
126.1
109.9
171.77
186.45
182.39
328.08
-26.71
-125.93
17.57
47.65
40.24
Profit Margin (%)
-434
-386
-637
-566
-796
-851
-543
-836
-1,518
-1,672
-2,504
-1,652
-1,680
-545
-1,762
-1,549
-1,946
Working Capital
667
723
595
883
907
1,135
1,911
2,472
2,101
1,905
2,461
4,448
5,960
5,043
4,497
5,137
4,610
LT Debt
2,166
2,332
2,617
2,756
2,832
3,681
3,991
4,293
4,873
5,506
6,125
7,493
7,224
6,437
6,450
6,344
6,325
Total Equity
3.19
3.02
- -
2.66
2.64
2.44
2.29
2.1
2.5
2.47
1.87
1.84
- -
- -
2.03
2.37
2.44
Return on Invested Capital (%)
8.86
7.36
- -
5.46
3.73
18.56
6.83
5.86
8.82
8.89
7.55
12.3
- -
- -
1.72
3.35
3.02
Return on Capital (%)
11.62
9.41
13.25
6.86
4.51
27.78
9.73
8.9
14.28
13.97
12.36
21.69
-1.85
-10.44
1.53
4.52
3.75
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
1,724
1,988
1,973
LT Borrowings
4,353
4,102
4,466
LT Finance Leases
144
144
144
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
165
165
160
Market Capitalization
5,343
4,324
5,210

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
81
104
128
Cash, Cash Equivalents & STI
36
19
52
Accounts Receivable, Net
3
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1,843
2,102
2,074
Payables & Accruals
- -
- -
- -
ST Debt
1,724
1,988
1,973
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.01%
1.28%
-1.66%
Free Cash Flow
7.45%
4.06%
1.07%
Net Income, GAAP
52.53%
99.53%
192.4%
Sales/Revenue/Turnover
8.07%
9.12%
7.78%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
136
140
142
144
562
2025
151
152
151
- -
605
2026
157
159
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.24
0.11
0.09
0.65
0.6
2025
0.32
0.38
0.87
- -
1.8
2026
0.7
0.55
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.54
- -
- -
0.52
2025
- -
0.52
- -
- -
0.54
2026
- -
0.55
- -
- -
- -
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Business
Heba Fastighets AB (publ) Heba Fastighets AB (publ) (HEBA-B.ST) is a Sweden-based real estate company that develops, owns, manages, and leases residential and community service properties primarily in the Stockholm region and Mälardalen Valley. The company offers youth housing, rental apartments, nursing homes, elderly care facilities, group homes, day-care centers, and public buildings such as community service properties; its portfolio includes approximately 58 properties with 3,110 residential units, 825 apartments in elderly care facilities, and 119 non-residential units as of March 2025. Heba Fastighets AB (publ) focuses on target markets including individual renters, elderly care providers, and municipal tenants, with operations concentrated in cities such as Stockholm, Lidingö, Huddinge, Täby, Nynäshamn, and Norrtälje. Founded in 1952 and listed on Nasdaq Stockholm Nordic Mid Cap since 1994, the company is headquartered in Stockholm, Sweden, and employs 43 people. Heba Fastighets AB (publ) maintains a long-term joint venture with Åke Sundvall Byggnads AB for constructing rental and tenant-owned cooperative apartments, supporting a development pipeline of around 20 projects with potential for 1,600 units; recent projects include the start of construction on 128 rental apartments in Källberga, Nynäshamn, in Q3 2024 with an estimated investment of SEK 400 million and the divestment of phases of the Vårbergstoppen project to AB Svenska Bostäder, with the second phase scheduled for June 2025. In the last 1-2 years, Heba Fastighets AB (publ) has pursued growth through strategic acquisitions of community service properties, including the April 2025 acquisition of H-Huset Sbs AB from Credentia AB for SEK 22.4 million, encompassing a newly built nursing home in Norrtälje valued at SEK 230 million under a 15-year lease with Attendo until 2041; the company also reported stronger income from property management in Q1 2025, with rental income up 11% and net operating income up 15% year-over-year, driven by 2024 acquisitions and renovations. Ongoing investments total SEK 1.5 billion for portfolio modernization to enhance rental yields, alongside emphasis on sustainability initiatives like green transitions and climate-smart living features for tenants. Elderly care facilities now contribute 30% of net operating income, diversifying from its residential core.