Fabege AB (publ) (FBGBY)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Fabege AB (publ) (FBGBY) trades at $18.38 with AI Score 45/100 (Grade C). Fabege AB (publ) is a Swedish property company focused on developing, investing in, and managing commercial premises. Market cap: $2.89B, Sector: Real estate.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for FBGBY: FBGBY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates FBGBY against Real Estate peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
FBGBY: the 1 perspectives are evenly split.
How is this calculated? →Fabege AB (publ) (FBGBY) Real Estate Portfolio & Strategy
Fabege AB (publ) is a Swedish real estate company specializing in commercial property development, investment, and management, primarily in the Stockholm area. With a diverse portfolio including office, retail, and industrial spaces, Fabege distinguishes itself through strategic property acquisitions and a focus on sustainable urban development, reflected in its 2.51% dividend yield.
What Is the Investment Thesis for FBGBY?
Fabege AB (publ) presents a mixed investment case. The company's focus on the Stockholm commercial property market offers stability, driven by consistent demand for office and retail spaces. However, a negative P/E ratio of -71.88 and a negative profit margin of -9.3% raise concerns about near-term profitability. The dividend yield of 2.51% provides some income, but investors should weigh this against the financial risks. Key growth catalysts include strategic property acquisitions and development projects. The company's beta of 1.29 suggests higher volatility compared to the market. Investors should closely monitor Fabege's ability to improve profitability and manage its property portfolio effectively.
Based on FMP financials and quantitative analysis
FBGBY Key Highlights
- Market capitalization of $2.89B indicates Fabege's significant presence in the Swedish real estate market.
- Gross margin of 66.3% demonstrates efficient property management and rental income generation.
- Dividend yield of 2.51% provides a steady income stream for investors.
- Negative P/E ratio of -71.88 reflects current earnings challenges.
- Beta of 1.29 suggests higher volatility compared to the overall market.
Who Are FBGBY's Competitors?
FBGBY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| BSPDY PT Bumi Serpong Damai Tbk | $16.00 | +0.00% | $1.67B | 48 |
| COYJF Citycon Oyj | $6.02 | +0.00% | $1.26B | 46 |
| HDNRF HomeCo Daily Needs REIT | $0.79 | -0.00% | $1.65B | 49 |
| IRICF Isras Investment Company Ltd | $206.00 | -28.29% | $1.01B | 56 |
| OMH Ohmyhome Limited operates an online property platform in Singapore, Malaysia, and the Philippines, offering real estate brokerage services. The company | $0.50 | -0.82% | $11.48M | 68 |
| CRSS Crossroads Impact Corp. | $7.00 | +0.00% | $74.33M | 66 |
| SDWHF Soundwill Holdings Limited | $0.87 | -0.01% | $246.92M | 64 |
| NTPIF Nam Tai Property Inc. | $4.75 | +0.00% | $289.75M | 64 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FBGBY's Key Strengths?
- Strong market position in the Stockholm region.
- Diversified property portfolio.
- Focus on sustainable development.
- Experienced management team.
What Are FBGBY's Weaknesses?
- Negative P/E ratio and profit margin.
- High beta indicating higher volatility.
- Concentration in a single geographic market.
- Exposure to macroeconomic risks.
What Could Drive FBGBY Stock Higher?
- Strategic property acquisitions to expand the portfolio.
- Redevelopment and renovation projects to enhance property value.
- Potential expansion into new geographic markets within Sweden.
- Development of mixed-use properties to attract diverse tenants.
- Focus on sustainable urban development to attract environmentally conscious tenants.
What Are the Key Risks for FBGBY?
- Financial-distress signal — its Altman Z-Score of 0.41 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-0.2%) — the business is not currently generating profit on shareholder capital.
- Economic downturn affecting property values and rental income.
- Rising interest rates increasing borrowing costs.
- Increased competition from other property companies.
- Changes in government regulations impacting the real estate market.
- Currency risk due to fluctuations in the SEK/USD exchange rate.
What Are the Growth Opportunities for FBGBY?
- Strategic Property Acquisitions: Fabege can expand its portfolio through strategic acquisitions of well-located commercial properties in the Stockholm region. The Swedish commercial real estate market is valued at billions of dollars, offering ample opportunities for growth. By acquiring properties with high occupancy rates and potential for value appreciation, Fabege can increase its rental income and asset base. This strategy can be implemented over the next 3-5 years.
- Sustainable Urban Development Projects: Fabege can capitalize on the growing demand for sustainable and environmentally friendly buildings. By investing in green building technologies and sustainable development practices, Fabege can attract tenants who prioritize sustainability. The global green building market is projected to reach hundreds of billions of dollars in the coming years. This initiative can be implemented in ongoing and future development projects.
- Redevelopment and Renovation of Existing Properties: Fabege can enhance the value of its existing property portfolio through redevelopment and renovation projects. By modernizing older buildings and adapting them to meet the evolving needs of tenants, Fabege can increase rental income and occupancy rates. The market for property renovation and refurbishment is substantial, offering significant growth potential over the next 2-3 years.
- Expansion into New Geographic Markets within Sweden: While Fabege primarily operates in the Stockholm region, it can explore opportunities to expand into other high-growth areas within Sweden. By diversifying its geographic footprint, Fabege can reduce its reliance on a single market and capitalize on emerging opportunities. This expansion strategy can be implemented gradually over the next 5-7 years.
- Development of Mixed-Use Properties: Fabege can capitalize on the trend towards mixed-use developments by creating properties that combine office, retail, and residential spaces. These mixed-use properties can attract a diverse range of tenants and create vibrant urban environments. The market for mixed-use developments is growing rapidly, driven by the increasing demand for live-work-play environments. This strategy can be implemented in future development projects.
What Opportunities Does FBGBY Have?
- Strategic property acquisitions.
- Redevelopment and renovation projects.
- Expansion into new geographic markets.
- Development of mixed-use properties.
What Threats Does FBGBY Face?
- Economic downturn affecting property values and rental income.
- Rising interest rates increasing borrowing costs.
- Increased competition from other property companies.
- Changes in government regulations impacting the real estate market.
What Are FBGBY's Competitive Advantages?
- Strong presence in the Stockholm commercial property market.
- Diversified property portfolio across various sectors.
- Focus on sustainable urban development.
- Experienced management team with a long track record in the industry.
What Does FBGBY Do?
Founded in 1924 and headquartered in Solna, Sweden, Fabege AB (publ) has evolved into a prominent property company focused on the Swedish commercial real estate market. Originally known as Wihlborgs Fastigheter AB, the company rebranded to Fabege AB (publ) in December 2005, marking a strategic shift towards its current business model. Fabege's core activities encompass the development, investment, and management of commercial properties, including office spaces, retail outlets, industrial and warehouse facilities, residential units, hotels, and garages. The company actively engages in property acquisitions and sales to optimize its portfolio. With 94 properties under its ownership, Fabege concentrates its operations primarily within the Stockholm region, aiming to create attractive and sustainable urban environments. Fabege's strategic focus on commercial premises allows it to cater to diverse tenant needs, contributing to its established presence in the Swedish real estate sector.
What Products and Services Does FBGBY Offer?
- Develop commercial properties, including offices, retail spaces, and industrial facilities.
- Invest in existing properties to enhance their value and generate rental income.
- Manage a portfolio of 94 properties, ensuring high occupancy rates and tenant satisfaction.
- Acquire new properties to expand its portfolio and market presence.
- Sell properties to optimize its portfolio and generate capital.
- Focus on sustainable urban development practices.
- Operate primarily within the Stockholm region of Sweden.
How Does FBGBY Make Money?
- Generates revenue through rental income from its property portfolio.
- Increases asset value through property development and renovation projects.
- Realizes capital gains through strategic property sales.
- Focuses on long-term property ownership and management.
What Industry Does FBGBY Operate In?
Fabege operates within the Swedish real estate market, which is characterized by stable demand for commercial properties, particularly in the Stockholm region. The industry is influenced by macroeconomic factors such as interest rates, economic growth, and urbanization trends. Competitors include BSPDY (Balder), COYJF (Castellum), GRAH (Graham Corporation), HDNRF (Heimstaden Bostad), and IRICF (Irish Residential Properties REIT PLC). Fabege differentiates itself through its focus on sustainable urban development and strategic property acquisitions, positioning it to capitalize on long-term growth opportunities in the Swedish market.
Who Are FBGBY's Key Customers?
- Office tenants seeking commercial spaces in the Stockholm region.
- Retail businesses requiring retail locations.
- Industrial companies needing warehouse and industrial facilities.
- Residential tenants looking for apartments and housing units.
- Hotel operators leasing hotel properties.
Company Profile
Fabege AB (publ) operates in the Real Estate - Services industry within the Real Estate sector. It is headquartered in Solna, SE. The company is led by CEO Stefan Dahlbo. FBGBY has traded publicly since 2018.
F-Score 4/9Financial Health
Fabege AB (publ)'s Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.41 places it in the distress zone, a signal of elevated financial risk.
ROE -0%Key Financial Metrics
Return on equity for Fabege AB (publ) stands at -0.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -0.1%, showing how much profit it generates from its asset base. Its free cash flow yield is 8.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.21 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -0.3%, the inverse of the P/E and a quick read on earnings relative to price.
FBGBY Valuation & Market Position
With a $2.89B market cap, Fabege AB (publ) sits in the mid-cap segment of the market. Relative to its peer group, FBGBY's quantitative score of 45/100 is roughly in line with the peer average of 53/100.
FY2026 estForward Outlook
Wall Street analysts project Fabege AB (publ) revenue of about $3.66B for fiscal 2026, with EPS near $0.00. The estimate reflects 5 contributing analysts.
FBGBY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Fabege seems to be benefiting from a flight to quality in commercial real estate. Community chatter suggests investors see them as a safe haven given broader market uncertainty.
- Recent insider activity, while not massive, leans slightly positive. This could signal internal confidence in the company's stability and future prospects.
- The general sentiment is that Fabege is a well-managed company with a solid portfolio. This positive perception can often outweigh short-term market jitters.
- Fabege's focus on sustainable and modern properties resonates well with current market trends. Many believe this gives them a competitive edge.
Bear Case
- There's a growing concern about the impact of rising interest rates on commercial property valuations. The community is discussing potential downward pressure.
- While Fabege is seen as stable, the overall commercial real estate market is facing headwinds. This could indirectly affect their performance.
- Some community members are pointing to potential oversupply in certain segments of the Stockholm office market. This could impact occupancy rates and rental income.
- The general economic outlook in Sweden is uncertain, and this is creating some nervousness around Fabege's future earnings potential. A slowdown could impact demand for office space.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
FBGBY Latest News
No recent news available for FBGBY.
FBGBY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for FBGBY.
Price Targets
Wall Street price target analysis for FBGBY.
FBGBY MoonshotScore
What does this score mean?
The MoonshotScore rates FBGBY's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Stefan Dahlbo
CEO
Stefan Dahlbo serves as the CEO of Fabege AB (publ), leading a team of 227 employees. His career spans several leadership roles within the real estate and finance sectors. He brings extensive experience in property management, investment strategies, and sustainable development practices. Dahlbo's expertise is crucial for guiding Fabege's strategic direction and ensuring its continued success in the competitive Swedish real estate market. His leadership is focused on driving growth through strategic acquisitions and innovative development projects.
Track Record: Under Stefan Dahlbo's leadership, Fabege has focused on strategic property acquisitions and sustainable urban development projects. Key milestones include expanding the property portfolio in the Stockholm region and implementing green building technologies. Dahlbo's strategic decisions have aimed to enhance the company's long-term value and sustainability. He has overseen the company's efforts to modernize older buildings and adapt them to meet the evolving needs of tenants.
Fabege AB (publ) ADR Information Unsponsored
An American Depositary Receipt (ADR) like FBGBY represents shares of a foreign company (Fabege AB) held by a U.S. depositary bank. It allows U.S. investors to trade shares of Fabege on U.S. exchanges as if they were domestic shares. FBGBY is a Level 1 ADR, meaning it trades over-the-counter (OTC) and has less stringent regulatory requirements than listed ADRs.
- Home Market Ticker: Nasdaq Stockholm, Sweden
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: FBGB
FBGBY OTC Market Information
The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market, indicating that FBGBY has the least stringent listing requirements and potentially the highest risk compared to companies listed on major exchanges like the NYSE or NASDAQ. Companies in this tier may not meet minimum financial standards or reporting requirements, leading to less transparency and increased uncertainty for investors. Investing in OTC Other stocks requires a higher level of due diligence and risk tolerance.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure and transparency.
- Lower trading volumes and liquidity.
- Wider bid-ask spreads.
- Higher price volatility.
- Potential for fraud or manipulation.
- Verify the company's registration and legal status.
- Obtain and review the company's financial statements, if available.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's risk factors and potential liabilities.
- Monitor news and information about the company.
- Consult with a financial advisor.
- Established presence in the Swedish real estate market.
- Property portfolio with 94 properties.
- Focus on sustainable urban development.
- Experienced management team.
- Dividend yield of 2.51%.
FBGBY Real Estate Stock FAQ
What does Fabege AB (publ) do?
Fabege AB (publ) is a Swedish property company that focuses on developing, investing in, and managing commercial premises primarily in the Stockholm region. Its portfolio includes office, retail, industrial, residential, hotel, and garage properties. The company generates revenue through rental income, property development, and strategic property sales. Fabege aims to create attractive and sustainable urban environments, catering to diverse tenant needs and contributing to the growth of the Swedish real estate market.
What are the main risks for FBGBY?
The main risks for Fabege AB (publ) include economic downturns affecting property values and rental income, rising interest rates increasing borrowing costs, and increased competition from other property companies. As an ADR, FBGBY is also subject to currency risk due to fluctuations in the SEK/USD exchange rate. Additionally, changes in government regulations impacting the real estate market could pose a risk. The OTC listing adds risks related to liquidity and transparency.
What are the key factors to evaluate for FBGBY?
Fabege AB (publ) (FBGBY) holds an AI score of 45/100 (low). Not financial advice.
How frequently does FBGBY data refresh on this page?
FBGBY prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven FBGBY's recent stock price performance?
Fabege AB (publ) (FBGBY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong market position in the Stockholm region. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider FBGBY overvalued or undervalued right now?
Valuing Fabege AB (publ) (FBGBY) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying FBGBY?
Before investing in Fabege AB (publ) (FBGBY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding FBGBY to a portfolio?
Key strength of Fabege AB (publ) (FBGBY): Strong market position in the Stockholm region. Weigh rewards against risks and diversify. Not financial advice.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited analyst coverage due to OTC listing.
- Financial data based on available sources and may not be fully comprehensive.
- AI analysis pending for further insights.