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Sagax AB
STO:SAGA A

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Sagax AB
STO:SAGA A
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Price: 184 SEK -1.6% Market Closed
Market Cap: kr82.1B

EV/EBITDA

28.1
Current
30%
Cheaper
vs 3-y average of 40.2

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
28.1
=
Enterprise Value
kr118B
/
EBITDA
kr4.3B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
28.1
=
Enterprise Value
kr118B
/
EBITDA
kr4.3B

Valuation Scenarios

Sagax AB is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (40.2), the stock would be worth kr263.51 (43% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-47%
Maximum Upside
+51%
Average Upside
4%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 28.1 kr184
0%
3-Year Average 40.2 kr263.51
+43%
5-Year Average 42.5 kr278.46
+51%
Industry Average 18.7 kr122.74
-33%
Country Average 14.9 kr97.35
-47%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
kr118B
/
Jan 2026
kr4.3B
=
28.1
Current
kr118B
/
Dec 2026
kr4.5B
=
26
Forward
kr118B
/
Dec 2027
kr4.8B
=
24.5
Forward
kr118B
/
Dec 2028
kr5.1B
=
23.2
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close

Market Distribution

Higher than 85% of companies in Sweden
Percentile
85th
Based on 1 230 companies
85th percentile
28.1
Low
0.2 — 9.4
Typical Range
9.4 — 19.4
High
19.4 —
Distribution Statistics
Sweden
Min 0.2
30th Percentile 9.4
Median 14.9
70th Percentile 19.4
Max 4 325.3

Sagax AB
Glance View

Market Cap
82.1B SEK
Industry
Real Estate

Sagax AB, a prominent player in the real estate investment domain, has carved out a distinctive niche in the industrial and commercial property sector. Founded in 1999 in Sweden, the company has methodically expanded its footprint across Europe, focusing on strategically located logistics, warehouse, and light industrial properties. What sets Sagax apart is its investment strategy centered on stable, income-generating real estate assets. By acquiring properties that promise steady cash flows and long-term leases, often with inflation-linked rent adjustments, Sagax minimizes risk while ensuring robust, predictable returns. With an adept management team, the company emphasizes operational efficiency and tenant satisfaction, ensuring that its properties remain highly attractive to a diverse array of industrial and commercial tenants. Sagax generates revenue primarily through leasing its vast real estate portfolio. The company's properties are strategically concentrated in urban locations with strong demand characteristics, driving occupancy rates consistently high. Rental income forms the bulk of Sagax's revenue stream, supplemented by property appreciation, strategically capitalized upon through smart divestments when market conditions are favorable. Moreover, Sagax maintains a prudent approach to capital allocation, frequently investing in property enhancements to boost the intrinsic value of its holdings. This focus on solid revenue generation through rental income, coupled with a savvy approach to capital and property management, allows Sagax to sustain and grow its market position as a leader in the European industrial and commercial real estate sector.

SAGA A Intrinsic Value
235.95 SEK
Undervaluation 22%
Intrinsic Value
Price kr184
S
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