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Nivika Fastigheter AB (publ)

Nivika Fastigheter AB (publ)

NIVI-B.ST
Nivika Fastigheter AB (publ)SE flagStockholm Stock Exchange
37.25
SEK
+0.85
- -
3.53BMarket Cap
Nivika Fastigheter AB (publ)
NIVI-B.ST
(Stockholm Stock Exchange)

Recent

price

37.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2024
2025
TTM
FRC
5.32
7.22
9.12
9.83
9.51
7.44
7.38
8.23
8.53
Revenue per Share
4.52
6.59
10.11
11.68
-4.39
1.45
2.02
2.65
3.36
Basic EPS, GAAP
2.06
3.01
3.45
2.36
5.56
5.39
4.93
4.97
10.8
Free Cash Flow per Basic Share
0.56
0.38
0.46
0.45
- -
- -
- -
0.48
0.16
Dividend per Share
25.07
30.66
40.39
38.96
28.29
21.58
- -
22.71
23.93
Book Value per Share
32.73
47.07
67.47
83.24
76.42
60.67
- -
60
61.21
Tangible Book Value per Share
36
36
36
54
64
91
96
96
96
Basic Weighted Avg Shares
191
259
327
528
612
676
708
789
818
Sales/Revenue/Turnover
58.3
59.69
63.65
58.93
61.25
63.43
62.71
66.29
75.18
Operating Margin (%)
2
8
6
8
11
- -
- -
16
- -
Depreciation Expense
162
237
363
627
-283
132
194
254
322
Net Income, GAAP
24.17
21.31
23.66
19.16
- -
17.68
35.45
32
32.99
Effective Tax Rate (%)
85.02
91.34
110.88
118.74
-46.18
19.56
27.4
32.19
39.36
Profit Margin (%)
52
-65
-83
-24
-38
-100
- -
332
360
Working Capital
2,126
3,017
4,107
5,793
5,184
5,316
- -
6,776
7,396
LT Debt
1,175
1,690
2,424
4,472
4,919
5,515
- -
5,754
5,870
Total Equity
- -
2.98
2.77
2.94
- -
3.33
5.23
5.63
3.42
Return on Invested Capital (%)
- -
8.03
9.18
10.79
- -
1.82
5.24
9.7
3.79
Return on Capital (%)
- -
23.65
28.47
35.4
-14.45
6.99
19.79
23.32
15.13
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
85
84
85
LT Borrowings
6,722
6,755
7,375
LT Finance Leases
20
21
21
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
95
95
95
Market Capitalization
3,845
4,099
3,850

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
557
865
874
Cash, Cash Equivalents & STI
471
208
190
Accounts Receivable, Net
23
14
15
Inventories
- -
- -
- -
Total Current Liabilities
234
533
514
Payables & Accruals
- -
- -
- -
ST Debt
85
84
85
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
4.34%
Free Cash Flow
- -
43.79%
0.85%
Net Income, GAAP
- -
-28.29%
30.93%
Sales/Revenue/Turnover
- -
20.76%
11.44%
Total Cash Common Dividend
- -
- -
89.68%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
178
188
172
176
708
2025
189
193
194
212
789
2026
219
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.84
0.55
0.01
2.02
2025
0.58
0.31
1.15
0.6
2.65
2026
1.29
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
0.16
0.48
2026
- -
- -
- -
- -
- -
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Business
Nivika Fastigheter AB (publ) is a Sweden-based real estate company engaged in owning, managing, and developing residential and commercial properties with a focus on long-term ownership and efficient new construction projects. Its diversified property portfolio comprises approximately 191 properties including industrial, warehouse, office, community buildings, commercial premises, hotels, and sports arenas primarily located in Sweden's regions such as Jönköping, Värnamo, Växjö, and the West Coast. The company emphasizes flexibility and adaptability to market conditions and targets high-yielding warehouses and light industry properties to improve cash flow and earnings per share. Founded in 2000, Nivika is headquartered in Värnamo, Sweden. Recent major developments include notable acquisitions amounting to SEK 800 million in 2024, ongoing construction projects such as new offices and production facilities in the Bredasten industrial area, and Sweden's first dedicated electric car charging station. Nivika has updated its financial targets to focus on cash flow and earnings per share, restructured its loan portfolios with partner banks to improve cash flow, and intensified sustainability efforts with a focus on the EU taxonomy and the Science Based Targets initiative pending submission in 2025. The company has also undergone leadership changes, appointing Sverker Källgården as CEO and Daniel Karlsson as CFO, signaling a strategic focus on operational growth and market expansion in high-potential regional clusters along key transport corridors in Sweden.