Obermatt

Sagax

STO:SAGA B · SE0005127818
Real Estate Management & DevelopmentMedium

360

36
EV / EBIT44
Price / Owner Earnings29
Owner Earnings Yield62
Dividend Yield32
Price/Sales20
EV / Gross Profit20
Price/Book8
Return on Capital63
Cash Return on Capital67
Return on Equity64
EBIT Margin87
Gross Profitability53
Cash Conversion48
Accruals5
Owner Earnings Margin88
Sales growth41
Profit Growth95
Long-Term EPS Growth31
Owner Earnings Growth43
Reinvestment96
Price momentum16
Debt load45
Refinancing48
Debt Payback55
Liquidity51
Analyst ratings59
Opinion Changes50
Price Target Upside58
Market mood68
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Sagax clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountrySweden
IndustryReal Estate Management & Development
SizeMedium
TypePublic Company
ExchangeOM
Founded1995
Employees64
Websitesagax.se
ISINSE0005127818
Last UpdateApr 2, 2026
Index & Theme
Real Estate TechnologyProperty DevelopmentProperty ManagementReal Estate

Description

AB Sagax (publ) operates as a real estate investment company, primarily engages in the acquisition and management of commercial properties, with a formal concentration in the warehouse and light industrial sectors. Business Segments The company ope…

Analysis

Middle-of-the-road

AB Sagax (publ) is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is attractive. You pay 12.8× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone.

The trajectory is tepid and the balance sheet is adequate. The company scores 10/20 on our value-creation score: creating some value.

What to watch: The financial cushion is thinner than comfortable. Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
55
2023202420252026

All-time high

73

Jan 2024

All-time low

28

Jan 2025

Average rank

48

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
20
5
1
3
Price/Earnings
61
31
38
25
Price/Book
8
6
6
3
Dividend Yield
32
25
31
8
Value (overall)
12
1
4
1

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →