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ALM Equity AB

ALM Equity AB

38.50
SEK
+0.90
(+2.39%)
3.05EPS
11.34P/E
754.01MMarket Cap
Oct 23Next Earn
ALM Equity AB
STO:ALM
(Nasdaq Stockholm)

Recent

price

38.50

P/E

ratio

11.34

div

yld

20.05%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
SEK
14.27
30.9
40.73
35.54
87.33
165.86
142.61
330.02
231.4
168.1
175.9
504.51
648.44
219.87
213.77
56.74
48.51
Revenue per Share
2.4
6.53
4.79
4.86
14.04
9.08
13.05
23.45
-5.3
20.1
10.8
315.07
-78.64
-193.7
-73.63
-20.05
4.09
Basic EPS, GAAP
-23.8
-15.1
-3.99
-3.04
-69.02
70.91
-32.27
-33.99
-8
70.2
-8.8
79.08
-36.45
-102.1
75.95
0.12
7.49
Free Cash Flow per Basic Share
- -
0.39
0.89
0.78
2.09
2.67
2.17
3.78
6.7
7.4
8.6
9.88
11.27
11.06
8.41
7.66
7.72
Dividend per Share
17.51
19.56
23.75
35.6
51.64
36.16
55.45
158.34
147.35
219.6
223.89
477.92
396.88
195.47
166.23
135.57
139.87
Book Value per Share
17.51
19.56
23.75
35.6
51.64
36.16
55.45
158.34
147.35
219.6
222.45
476.47
395.37
194.13
165.32
134.72
139.07
Tangible Book Value per Share
10
10
10
10
10
10
10
10
10
10
10
10
11
11
15
17
17
Basic Weighted Avg Shares
147
318
418
364
896
1,701
1,448
3,351
2,314
1,681
1,759
5,257
6,902
2,386
3,127
985
842
Sales/Revenue/Turnover
17.94
26.39
15.91
19.17
18.87
13.71
15
13.59
4.62
8.63
11.54
60.02
23.27
6.79
4.96
-14.42
-13.66
Operating Margin (%)
- -
- -
- -
- -
- -
- -
3
4
19
36
34
38
19
14
17
13
11
Depreciation Expense
25
67
49
50
144
121
162
294
16
278
194
3,386
-717
-1,982
-950
-215
71
Net Income, GAAP
0.53
- -
1.98
0.13
0.07
0.04
0.84
- -
68.75
- -
1.72
0.98
- -
- -
- -
- -
23.19
Effective Tax Rate (%)
16.79
21.14
11.77
13.67
16.08
7.09
11.18
8.76
0.69
16.54
11.03
64.41
-10.39
-83.07
-30.38
-21.83
8.43
Profit Margin (%)
172
314
361
546
798
790
1,601
2,696
2,187
2,204
1,563
5,842
1,996
804
1,636
750
830
Working Capital
- -
- -
- -
- -
- -
- -
554
1,087
1,076
2,040
3,095
2,704
2,055
1,908
1,501
1,030
1,277
LT Debt
178
320
366
552
804
782
1,046
2,209
2,138
3,310
3,790
7,154
5,756
2,972
2,766
2,350
2,273
Total Equity
9.23
13.76
8.31
7.57
12.13
12.75
9.39
- -
0.55
- -
2.75
31.25
- -
- -
- -
- -
-0.78
Return on Invested Capital (%)
10.36
14.5
6.46
8.23
12.81
-0.81
6.89
- -
0.99
- -
3.58
34.07
- -
- -
- -
- -
4.32
Return on Capital (%)
18.33
33.5
20.05
14.01
25.5
15.77
21.05
21.53
-3.78
11.33
4.78
79.45
-15.35
-56.46
-41.1
-13.86
2.93
Return on Common Equity (%)

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
274
274
24
LT Borrowings
1,023
1,023
1,271
LT Finance Leases
7
6
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
17
17
16
Market Capitalization
875
848
754

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,536
1,533
1,523
Cash, Cash Equivalents & STI
901
751
722
Accounts Receivable, Net
91
184
139
Inventories
242
305
296
Total Current Liabilities
786
860
693
Payables & Accruals
- -
- -
- -
ST Debt
274
274
24
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
21%
-0.22%
-15.04%
Free Cash Flow
-260.46%
-259.59%
-99.82%
Net Income, GAAP
319.95%
314.23%
-77.37%
Sales/Revenue/Turnover
19.02%
25.46%
-68.5%
Total Cash Common Dividend
- -
- -
-100%

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
241
894
662
1,330
3,127
2025
278
258
- -
203
985
2026
170
211
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-26.08
7.41
-43.78
0.69
-73.63
2025
-9.27
-3.74
- -
7.83
-20.05
2026
-6.11
6.11
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.73
2.62
1.73
1.9
8.41
2025
1.9
1.96
- -
1.9
7.66
2026
1.9
1.96
- -
- -
- -
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Business
ALM Equity AB (publ) functions as a comprehensive real estate enterprise in Sweden, concentrating on the acquisition, structuring, and development of properties, primarily residential projects. The company conducts its operations across several integrated areas: Project Development, Construction, Property Management, Financing, and Digital Innovations. Its Project Development arm focuses on identifying, advancing, and commercializing both residential and commercial ventures, leveraging brands such as ALM Småa Bostad, Järntorget, and Abacus to manage everything from land procurement and zoning to concept design and sales. The Construction division undertakes the design, planning, and execution of construction projects, providing turnkey contractor services through its 2xA Entreprenad entity. Through Property Management, the company acquires, oversees, leases, and operates efficient properties, particularly within the Greater Stockholm region. Its Financing component delivers crucial financial solutions for a diverse range of real estate initiatives and ventures. Furthermore, ALM Equity fosters Digital Innovations, developing technological solutions and services designed to enhance information exchange and resource sharing within real estate ecosystems. ALM Equity actively shapes the property sector through strategic investments and business development, with notable recent activities including the September 2024 merger with its associated company Svenska Nyttobostäder, aimed at optimizing its management portfolio and maximizing the value of building rights. Following this, in October 2024, the company established a joint venture with Aermont Capital for the assets from Svenska Nyttobostäder, which involves developing new housing and managing rental properties. The company also had its climate targets officially approved by the Science Based Targets initiative (SBTi) in October 2025. Founded in 1997, ALM Equity AB is headquartered in Stockholm, Sweden.