1. Sweden Stocks

  2. •

    Real Estate

  3. •

    Real Estate - Development
Hufvudstaden AB (publ)

Hufvudstaden AB (publ)

HUFAF
Hufvudstaden AB (publ)US flagOther OTC
12.90
USD
- -
- -
2.40BMarket Cap
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
7.95
8.07
8.19
8.68
8.92
9.13
9.61
8.97
12.3
13.57
14.64
15.71
16.45
12.9
Basic EPS, GAAP
9.1
9.7
16.82
19.98
14.71
20.94
15.25
-7.13
14.61
3.57
-9.53
1.8
4.18
4.64
Free Cash Flow per Basic Share
4.59
4.25
4.67
4.98
4.82
4.78
6.32
4.92
4.84
4.81
6.53
6.03
6.5
6.93
Dividend per Share
2.6
2.75
2.9
3.1
3.3
3.5
3.7
3.92
2.5
2.6
2.7
2.7
2.83
2.9
Book Value per Share
73.99
80.94
94.86
111.74
123.15
140.59
152.15
141.45
153.56
154.53
142.3
141.4
143.38
143.53
Tangible Book Value per Share
73.99
80.94
94.86
111.74
123.15
140.54
151.81
140.91
153.08
154.09
141.83
141.09
143.21
143.53
Basic Weighted Avg Shares
206
206
206
206
206
206
206
205
202
202
202
202
200
194
Sales/Revenue/Turnover
1,640
1,665
1,689
1,790
1,840
1,883
1,981
1,840
2,488
2,746
2,962
3,179
3,292
2,508
Operating Margin (%)
68.09
67.71
67.1
68.13
68.43
68.67
68.45
64.82
51.68
47.27
47.81
47.11
47.86
48.79
Depreciation Expense
3
7
8
3
4
9
53
79
39
53
53
69
71
- -
Net Income, GAAP
1,876
2,001
3,470
4,120
3,035
4,320
3,146
-1,462
2,955
722
-1,927
365
837
903
Effective Tax Rate (%)
22.04
20.6
22
22.02
22.08
10.38
20.71
- -
20.69
20.16
- -
35.26
20.76
20.49
Profit Margin (%)
114.37
120.18
205.45
230.19
164.9
229.42
158.81
-79.46
118.79
26.29
-65.07
11.47
25.41
35.99
Working Capital
-1,151
-952
-1,142
-2,127
-2,636
-1,063
-681
-2,372
-1,598
-2,570
-2,141
-2,779
-3,219
-2,035
LT Debt
4,550
4,650
4,650
4,000
3,700
5,700
7,419
6,910
7,707
7,203
8,021
7,828
9,270
10,916
Total Equity
15,261
16,695
19,567
23,047
25,402
29,000
31,383
28,616
31,066
31,262
28,789
28,607
27,859
27,889
Return on Invested Capital (%)
4.38
4.12
3.7
3.45
3.2
3.41
2.8
- -
2.58
2.53
- -
2.48
3.14
2.43
Return on Capital (%)
9.97
9.7
14.95
15.35
10.25
13.01
8.41
- -
7.73
2.05
- -
1.45
2.76
2.25
Return on Common Equity (%)
12.86
12.53
19.14
19.34
12.53
15.88
10.42
-4.87
9.9
2.32
-6.42
1.27
2.96
3.21

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,108
2,908
1,908
LT Borrowings
8,250
8,900
9,900
LT Finance Leases
1,020
1,018
1,016
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
194
194
194
Market Capitalization
24,567
23,605
24,074

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
952
1,085
1,118
Cash, Cash Equivalents & STI
572
- -
- -
Accounts Receivable, Net
46
- -
- -
Inventories
203
- -
- -
Total Current Liabilities
4,170
4,150
3,153
Payables & Accruals
- -
- -
- -
ST Debt
3,108
2,908
1,908
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.96%
-0.39%
-2.61%
Free Cash Flow
4.33%
6.22%
6.59%
Net Income, GAAP
-87.3%
-146.83%
129.46%
Sales/Revenue/Turnover
7.35%
12.87%
3.54%
Total Cash Common Dividend
- -
- -
3.72%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
771
782
783
844
3,179
2025
810
814
- -
866
3,292
2026
815
827
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-1.96
0.21
0.71
2.84
1.8
2025
0.4
0.9
- -
1.59
4.18
2026
1.51
1.54
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.7
- -
- -
- -
2.7
2025
2.8
- -
- -
- -
2.83
2026
2.9
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Anders Nygren
Full Time Employees
627
Sector
Real Estate
Industry
Real Estate - Development
Address
Regeringsgatan 38 Stockholm AB Sweden 111 77
IPO Date
Mar 4, 2013
Website
hufvudstaden.se
Similar Companies
Kerry Properties Limited (KRYPY)
Cathay Real Estate Development Co.,Ltd. (2501.TW)
Sun Hung Kai Properties Limited (SUHJY)
Wall Financial Corporation (WFC.TO)
Raimon Land Public Company Limited (RML.BK)
Radiance Holdings (Group) Company Limited (9993.HK)
Business
Hufvudstaden AB (publ) (HUFAF) owns, develops, manages, and leases high-quality commercial properties focused on prime retail and office spaces in central Stockholm and Gothenburg, Sweden; its portfolio includes shops, offices, hotels, cinemas, restaurants, warehouses, garages, apartments, and the flagship Nordiska Kompaniet department stores in both cities; operations are segmented into property management, NK Retail, and other activities such as Cecil Coworking, NK e-commerce, and parking via Parkaden. Founded in 1915 by Ivar Kreuger and headquartered in Stockholm, the company targets premium urban districts including Norrmalm and Östermalm in Stockholm, as well as central shopping avenues in Gothenburg, serving corporate tenants, retailers, and consumers with personalized services and sustainable property upgrades. In recent developments, Hufvudstaden reported a 6% increase in gross profit from property management to SEK 1,435 million for 2024 despite economic challenges, with net revenue up 4% to SEK 2,120 million and rental vacancy improving to 7.1%; the company advanced major projects like Kvarteret Johanna in Gothenburg, securing office leases with key tenants, while maintaining stable office demand in Stockholm and noting early retail recovery signals ahead of 2025; its property holdings were valued at SEK 47.1 billion, supported by a strong balance sheet with 59% equity ratio and 21% net loan-to-value.