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    Real Estate - Services
Nyfosa AB (publ)

Nyfosa AB (publ)

NYF.ST
Nyfosa AB (publ)SE flagStockholm Stock Exchange
69.80
SEK
- -
- -
13.41BMarket Cap
Nyfosa AB (publ)
NYF.ST
(Stockholm Stock Exchange)

Recent

price

69.80

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
5.25
5.02
6.14
6.33
8.15
11.19
13.07
16.49
18.6
18.16
17.26
17.32
Revenue per Share
5.56
6.89
7.23
9.61
8.23
12.23
16.55
8.84
-3.35
0.56
2.61
0.89
Basic EPS, GAAP
3.56
3.12
2.84
7.18
5.07
6.96
7.39
8.58
8.07
6.87
6.46
6.61
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
3.24
3.6
3.95
0.95
1.4
1.38
Dividend per Share
- -
- -
20.71
27.57
35.84
52.6
67.39
71.1
52.65
49.93
48.31
- -
Book Value per Share
12.27
17.43
20.71
49.95
58.22
73.26
91.86
96.43
88.6
92.17
85.05
84.32
Tangible Book Value per Share
168
168
168
168
168
182
188
191
191
202
208
211
Basic Weighted Avg Shares
881
842
1,031
1,064
1,370
2,036
2,457
3,150
3,553
3,669
3,590
3,647
Sales/Revenue/Turnover
58.12
63.06
71.77
59.68
59.49
61.79
62.07
61.68
63.72
64.6
64.46
64.79
Operating Margin (%)
- -
- -
- -
- -
4
1
1
2
1
2
2
- -
Depreciation Expense
933
1,155
1,215
1,615
1,382
2,225
3,112
1,689
-639
114
542
188
Net Income, GAAP
12.79
- -
12.91
6.21
12.31
7.25
14.6
8.93
- -
55.73
30.24
43.84
Effective Tax Rate (%)
105.9
137.17
117.85
151.79
100.88
109.28
126.66
53.62
-17.98
3.11
15.1
5.15
Profit Margin (%)
-3,845
-5,063
-5,906
-954
153
-1,098
-4,610
-1,132
-1,146
-722
-4,453
-2,737
Working Capital
4,771
2,798
3,617
7,305
11,293
16,285
16,721
23,441
23,372
21,679
18,194
19,922
LT Debt
2,058
2,924
3,479
8,392
9,781
13,333
17,269
18,418
16,922
18,619
17,691
17,755
Total Equity
- -
- -
7.05
4.46
3.78
4.51
3.77
4.34
- -
2.58
4.04
3.3
Return on Invested Capital (%)
- -
- -
17.03
15.04
10.12
11.4
11.31
6.22
- -
1.97
3.94
0.86
Return on Capital (%)
- -
- -
69.85
39.82
25.95
28.54
27.98
12.87
-5.41
1.13
5.38
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
245
1,490
1,531
LT Borrowings
21,139
19,398
19,388
LT Finance Leases
540
523
534
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
208
208
208
Market Capitalization
22,030
18,259
19,836

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
700
406
372
Cash, Cash Equivalents & STI
438
127
117
Accounts Receivable, Net
30
32
29
Inventories
- -
- -
- -
Total Current Liabilities
1,422
2,583
3,109
Payables & Accruals
- -
- -
- -
ST Debt
245
1,490
1,531
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
28.82%
6.62%
-4.98%
Free Cash Flow
15.96%
1.7%
-3.17%
Net Income, GAAP
22.24%
22.78%
375.44%
Sales/Revenue/Turnover
16.14%
12.56%
-2.15%
Total Cash Common Dividend
- -
- -
52.36%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
922
902
920
926
3,669
2025
917
884
905
- -
3,590
2026
875
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
-0.17
-0.59
1.22
0.56
2025
0.49
-0.28
0.95
- -
2.61
2026
1.36
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
- -
- -
- -
0.95
2025
- -
1.4
- -
- -
1.4
2026
0.72
- -
- -
- -
- -
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Business
Nyfosa AB (publ) (NYF.ST) is a transaction-intensive real estate company that acquires, manages, develops and sells commercial properties across Sweden, Finland and Norway. The company's diversified property portfolio comprises offices; warehouses and logistics facilities; industrial properties; and retail spaces, with a focus on high-growth municipalities and an emphasis on sustainability through green financing initiatives. As of September 30, 2025, Nyfosa's property value totals SEK 40 billion, supported by a leasable area historically exceeding 2.7 million square meters across hundreds of assets. Founded in 2009 and headquartered at Hästholmsvägen 28 in Nacka, Sweden, Nyfosa operates through wholly owned subsidiaries including Bratsberg in Norway and Kielo in Finland, targeting institutional tenants and regional markets in the Nordic region. Nyfosa maintains an opportunistic investment strategy, building sustainable cash flows while pursuing active portfolio optimization through acquisitions and divestments. In 2024-2025, the company executed a directed share issue raising SEK 1.7 billion; issued senior unsecured green bonds totaling MSEK 1,050 with maturities in 2028; repurchased and redeemed high-cost bonds including MSEK 554 maturing in 2026 and hybrid bonds; acquired the remaining 50 percent stake in Norwegian joint venture Samfosa AS (rebranded Bratsberg, valued at SEK 1.4 billion) and the minority stake in Finnish subsidiary Kielo, assuming full operational control; and completed property transactions such as acquiring assets worth SEK 772 million (warehouses, logistics, offices) and a Kuopio commercial property for SEK 150 million, while divesting portfolios including six office properties in Luleå and Gävle for SEK 940 million and others totaling SEK 1.4 billion. These moves strengthened earnings per share, reduced average financing costs to 4.5 percent, improved the loan-to-value ratio and positioned Nyfosa for enhanced transaction activity amid a recovering Nordic market. In January 2025, Carl-Johan Hugner succeeded Stina Lindh Hök as CEO, with further management additions including a COO and Head of Transactions.