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AB Sagax (publ)

AB Sagax (publ)

SAGA-B.ST
AB Sagax (publ)SE flagStockholm Stock Exchange
165.90
SEK
-1.10
- -
51.81BMarket Cap
AB Sagax (publ)
SAGA-B.ST
(Stockholm Stock Exchange)

Recent

price

165.90

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
2.41
2.67
2.81
2.99
3.45
4
4.85
4.64
5.37
8.23
9.17
9.84
11.73
13.29
14.96
15.96
15.63
Revenue per Share
1.53
0.16
1.27
2.52
2.38
5.21
7.61
7.36
7.56
12.19
10.8
30.09
7.76
-0.04
15.53
11.96
13.26
Basic EPS, GAAP
1.21
1.13
1.33
1.34
1.97
2.37
3.03
2.9
3.8
5.8
8.06
7.44
9.97
10.18
9.75
10.55
8.51
Free Cash Flow per Basic Share
0.17
0.38
0.44
0.53
0.61
0.75
0.93
0.96
1.14
1.77
2.14
2.49
2.94
3.42
3.84
4.25
4.25
Dividend per Share
5.03
4.63
5.63
7.44
9.02
13.28
19.94
22.32
27.96
49.02
58.63
85.06
90.53
85.14
86.99
94.73
86.76
Book Value per Share
8.24
7.57
9.52
12.1
14.35
18.55
27.01
28.19
36.82
60.77
70.8
97.89
105.3
112.62
123.53
126.45
121.81
Tangible Book Value per Share
268
294
294
308
317
322
322
403
419
317
317
318
318
325
338
338
338
Basic Weighted Avg Shares
644
783
824
919
1,093
1,291
1,563
1,870
2,247
2,608
2,908
3,123
3,727
4,318
5,063
5,402
5,288
Sales/Revenue/Turnover
84.14
81.63
81.43
82.15
81.24
81.18
80.49
79.25
77.3
77.15
77.85
77.68
76.68
78
79.08
78.75
79.33
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
492
122
372
777
753
1,681
2,453
2,965
3,166
4,111
3,711
9,807
2,718
-13
5,255
4,048
4,551
Net Income, GAAP
25.95
27.16
22.82
16.27
11.72
8.24
10.01
12.89
12.32
11.15
14.3
6.98
17.73
108.18
7.99
9.03
8.92
Effective Tax Rate (%)
76.3
15.56
45.15
84.55
68.89
130.21
156.94
158.56
140.9
157.63
127.61
314.02
72.93
-0.3
103.79
74.94
86.06
Profit Margin (%)
-22
-151
-116
-269
-323
-577
-1,402
-1,517
-1,258
-1,322
-1,867
1,173
2,750
-4,445
-5,053
-6,515
-7,485
Working Capital
5,287
6,244
6,019
6,822
8,332
9,959
10,896
11,937
13,866
16,422
18,371
23,758
30,200
25,890
30,500
32,030
29,431
LT Debt
2,206
2,223
2,794
3,723
4,544
5,981
8,709
11,356
15,416
19,257
22,452
31,079
33,463
36,578
41,803
42,792
41,220
Total Equity
5.63
5.6
5.81
6.4
6.61
6.52
6.01
5.59
5.43
5.24
4.86
4.49
3.79
-0.41
5.08
4.85
5.02
Return on Invested Capital (%)
10.25
4.34
7.48
11.93
10.27
15.28
16.56
15.96
14.09
14.63
11.37
22.02
5.36
-0.12
9.74
7.19
8.23
Return on Capital (%)
37.34
3.5
24.72
39.41
29.27
47.12
45.81
38.46
30.6
28.35
20.08
41.9
8.84
-0.05
18.41
13.17
15.54
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
5,180
5,069
7,191
LT Borrowings
30,002
28,583
28,919
LT Finance Leases
498
487
512
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
465
465
465
Market Capitalization
76,535
71,262
73,094

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1,971
2,047
1,570
Cash, Cash Equivalents & STI
912
751
561
Accounts Receivable, Net
417
322
- -
Inventories
- -
- -
- -
Total Current Liabilities
7,024
7,005
9,055
Payables & Accruals
- -
- -
- -
ST Debt
5,180
5,069
7,191
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.53%
14.41%
2.37%
Free Cash Flow
17.73%
7.77%
8.18%
Net Income, GAAP
-4,046.09%
-8,110.91%
-22.97%
Sales/Revenue/Turnover
15.5%
13.31%
6.7%
Total Cash Common Dividend
22.21%
30.76%
10.45%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,193
1,213
1,339
1,317
5,063
2025
1,311
1,321
1,397
- -
5,402
2026
1,353
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.01
2.89
6.5
2.95
15.53
2025
2.41
1.41
5.32
- -
11.96
2026
3.88
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.19
3.29
0.19
0.19
3.84
2025
0.19
3.69
0.19
- -
4.25
2026
0.19
- -
- -
- -
- -
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Business
AB Sagax (publ) AB Sagax (publ) is a property company that owns and manages a portfolio of commercial properties primarily in the warehouse and light industrial segments; it also engages in financial administration and asset management activities. The company operates in Sweden, Finland, France, Benelux, Spain, Germany, Denmark, and other European countries, with a focus on logistics and industrial assets including warehouses, light industrial buildings, and related freehold land; its portfolio encompasses approximately 5 million square meters across nearly 1,000 properties, serving tenants such as government entities, municipalities, and commercial firms. Founded in 1995 and headquartered in Stockholm, Sweden, AB Sagax (publ) targets high-occupancy, strategically located properties in key logistics hubs like Stockholm, Helsinki, Paris, Barcelona, and Zaragoza. In recent developments, the company has pursued aggressive expansion through multiple property acquisitions, including SEK 1,050 million in French assets comprising 43 properties and three Paris sites in 2025; SEK 830 million for seven properties in Spain; SEK 570 million for three properties; and a 10.8% stake in Retail Estates nv, a Benelux retail REIT, for approximately SEK 1.19 billion in 2025, enhancing its regional presence and diversification strategy.