FastPartner AB

FastPartner AB

70.40
SEK
+0.60
(+0.86%)
1.16EPS
57.87P/E
6.87BMarket Cap
Oct 22Next Earn
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
8.7
10.46
12.81
14.14
13.79
14.83
17.24
18.24
18.77
20.19
22.33
23.18
23.09
22.85
Basic EPS, GAAP
3.09
5.26
13.62
17.79
14.83
18.46
32.17
16.52
34.05
0.85
-15.45
6.55
3.23
1.16
Free Cash Flow per Basic Share
3.11
5.15
4.71
3.36
6.4
4.52
7.61
8.13
5.31
7.59
9.28
6.18
8.02
6.73
Dividend per Share
1.85
2.26
2.53
2.66
2.85
3.05
3.35
4.22
4.59
5
2.59
2.59
2.78
3.87
Book Value per Share
33.24
37.12
48.52
65.77
77.75
93.16
129.11
135.8
163.39
153.51
136.81
140.48
141.23
141.72
Tangible Book Value per Share
33.24
37.12
48.52
65.77
77.75
93.16
129.11
135.8
163.39
153.51
136.81
140.48
141.23
141.72
Basic Weighted Avg Shares
88
88
89
90
98
98
98
99
99
99
99
99
98
98
Sales/Revenue/Turnover
766
921
1,135
1,271
1,349
1,451
1,687
1,802
1,856
1,998
2,209
2,293
2,271
2,229
Operating Margin (%)
62.06
63.74
65.55
64.77
67.23
65.46
65.63
69.19
67.83
67.15
68.3
68.21
67.7
66.98
Depreciation Expense
- -
1
1
1
- -
- -
- -
- -
- -
- -
1
1
1
- -
Net Income, GAAP
273
463
1,207
1,599
1,451
1,806
3,147
1,632
3,368
85
-1,528
648
318
113
Effective Tax Rate (%)
16.87
20.62
22.26
20.06
16.02
14.44
17.85
18.79
20.56
7.85
- -
23.29
33.86
50.4
Profit Margin (%)
35.58
50.28
106.32
125.79
107.56
124.49
186.6
90.6
181.42
4.23
-69.18
28.25
14.01
5.06
Working Capital
-2,565
-1,785
-5,740
-4,040
-4,219
-3,629
-3,182
-4,097
-3,366
-3,876
-1,654
-4,034
-3,222
-5,226
LT Debt
3,699
6,409
4,588
5,715
7,063
8,037
11,580
12,187
13,224
14,051
16,574
13,895
14,932
13,349
Total Equity
2,945
3,271
4,315
6,435
7,607
9,114
12,632
14,057
17,457
16,402
14,618
15,010
14,968
14,546
Return on Invested Capital (%)
4.78
4.58
4.55
4.27
4.31
4.05
3.76
3.57
3.15
3.62
- -
3.69
3.12
2.28
Return on Capital (%)
5.18
6.13
10.84
11.56
9.22
9.97
13.95
6.68
11.37
1.39
- -
4.07
2.4
1.41
Return on Common Equity (%)
10.31
14.94
31.83
29.75
20.67
21.6
28.94
12.23
21.37
0.5
-9.85
4.37
2.12
0.76

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,847
2,534
4,661
LT Borrowings
13,742
14,155
12,079
LT Finance Leases
1,190
1,190
1,270
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
106
106
103
Market Capitalization
7,980
7,758
6,866

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
377
554
459
Cash, Cash Equivalents & STI
162
218
165
Accounts Receivable, Net
5
336
293
Inventories
- -
- -
- -
Total Current Liabilities
3,600
3,366
5,685
Payables & Accruals
- -
- -
- -
ST Debt
2,847
2,534
4,661
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.67%
1.93%
-0.28%
Free Cash Flow
15.32%
5.26%
29%
Net Income, GAAP
-201.88%
-418.53%
-50.9%
Sales/Revenue/Turnover
7.28%
4.82%
-0.96%
Total Cash Common Dividend
- -
- -
6.6%

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
579
574
574
566
2,293
2025
572
561
- -
571
2,271
2026
552
546
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.06
1.71
1.17
1.61
6.55
2025
1.43
-0.22
- -
0.3
3.23
2026
1.58
-0.52
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.19
1.11
0.19
1.11
2.59
2025
0.19
1.2
- -
1.2
2.78
2026
0.19
1.28
- -
- -
- -

Company Description

CEO
Christopher Johansson
Full Time Employees
80
Sector
Finance
Industry
Real estate development
Address
Sturegatan 38 Stockholm AB Sweden 102 14
IPO Date
Feb 16, 1994
Business
FastPartner AB (publ) (FPAR-A.ST) owns, develops, and manages a diversified portfolio of commercial properties primarily in Sweden's major metropolitan areas, with approximately 78% of rental value concentrated in Stockholm and surrounding Mälardalen region; operations extend to Gävle, Gothenburg, Norrköping, Malmö, Uppsala, and other locations. The company offers leasing of office space (45% of rental value), logistics and warehousing (17-18%), retail and restaurants (13%), healthcare and schools (13%), industry and manufacturing (6-7%), residential and hotels (3%), and other premises; properties total 1.57 million square meters lettable area valued at SEK 33.9 billion as of mid-2025, serving technology, service, industrial companies, startups, municipal services including care homes, schools, government administrations, healthcare providers, and recent tenants such as Conapto for data centers, Vattenfall, Swedish Prison and Probation Service, Willys, and Region Östergötland. Founded in 1984 and headquartered at Sturegatan 38 in Stockholm, FastPartner operates through three regional units with 79-84 employees and is a subsidiary of Compactor Fastigheter AB, led by CEO Sven-Olof Johansson. Recent developments include the August 2024 acquisition of Söder 37:5 property in Gävle (1,167 sqm); sales of Skultuna 1, 2, and 5 properties in Stockholm in April 2024 and Märsta 25:1 land in October 2024, realizing gains of 26% and 36% over carrying values; SEK 230 million invested in existing properties through September 2024 for tenant adaptations, new builds like server halls for Conapto and DIY stores for Beijer, and environmental certifications under BREEAM/Miljöbyggnad aligned with EU Taxonomy; ongoing projects totaling SEK 792 million with SEK 290 million remaining, including phase 2 data center expansions; development rights portfolio of 417,000-430,000 sqm valued at SEK 642-726 million; redemption of SEK 1.1 billion bond in March 2024; share repurchases; and credit rating updates with Moody's at Ba3 positive outlook (February 2025) and Scope at BB positive (August 2024), alongside targets for SEK 1.1 billion rolling profit from property management by end-2025, 75% surplus ratio, and enhanced sustainability metrics.