Corem Property Group AB (publ)

CORE-PREF · ST · Real Estate / Real Estate - Diversified

194.20SEK-3.00 (-1.52%)

Price History

Full chart

Market Stats

Previous Close197.20

Open197.20

Day Range194.20 – 197.60

52-Week Range212.35 – 240.83

Volume15.35K

Market Cap23.98B

P/E (TTM)51.27

Forward P/E0.00

EPS4.32

Dividend Yield9.03%

Beta1.51

50-Day Avg231.98

200-Day Avg236.77

About

Corem Property Group AB (publ), a commercial property company, owns, manages, develops, and leases office, warehousing/logistics, retail, health care, and social function properties in Sweden, Denmark, and the United States. The company owns 244 properties with a total lettable area of 2,048 thousand square meters. Corem Property Group AB (publ) was founded in 1993 and is headquartered in Stockholm, Sweden.

Company Details

SectorReal Estate
IndustryReal Estate - Diversified
CEOMr. Rutger Arnhult
Employees266
HeadquartersRiddargatan 13C, Stockholm, Sweden, 114 51, Sweden
Websitehttps://www.corem.se

Leadership

Mr. Rutger ArnhultCEO & Director · b. 1967
Ms. Eva LandenDeputy Chief Executive Officer · b. 1965
Anders KarlssonActing Head of Finance · b. 1978
Mr. Håkan EngstamHead of Business Development · b. 1963
Ms. Anna Lidhagen OhlsenHead of Real Estate · b. 1973
Mr. Peeter KinnunenHead of Transactions · b. 1973
Mr. Sebastian SchlasbergChief Executive Officer of Corem's property operations · b. 1982

Financials

Income Statement

Currency: SEK	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	391.00M	444.00M	463.00M	497.00M	544.00M	556.00M	621.00M	626.00M	740.00M	900.00M	965.00M	961.00M	894.00M	2.91B	4.49B	4.24B	3.69B	3.46B
Growth (%)	-	+13.55%	+4.28%	+7.34%	+9.46%	+2.21%	+11.69%	+0.81%	+18.21%	+21.62%	+7.22%	-0.41%	-6.97%	+225.73%	+54.22%	-5.50%	-12.94%	-6.22%
Cost of Revenue	117.00M	112.00M	145.00M	131.00M	134.00M	143.00M	140.00M	144.00M	166.00M	199.00M	232.00M	260.00M	226.00M	1.04B	1.56B	1.36B	1.33B	1.26B
Gross Profit	274.00M	332.00M	318.00M	366.00M	410.00M	413.00M	481.00M	482.00M	574.00M	701.00M	733.00M	701.00M	668.00M	1.87B	2.93B	2.88B	2.36B	2.21B
Gross Margin	70.08%	74.77%	68.68%	73.64%	75.37%	74.28%	77.46%	77.00%	77.57%	77.89%	75.96%	72.94%	74.72%	64.15%	65.31%	67.91%	63.90%	63.69%
Operating Expense	23.00M	11.00M	2.00M	26.00M	1.00M	1.00M	1.00M	1.00M	0	0	0	-1.84B	-804.00M	-3.42B	1.76B	179.00M	160.00M	119.00M
Operating Income	251.00M	321.00M	316.00M	340.00M	409.00M	412.00M	480.00M	481.00M	574.00M	701.00M	733.00M	2.54B	1.47B	5.29B	1.18B	2.70B	2.20B	2.09B
Operating Margin	64.19%	72.30%	68.25%	68.41%	75.18%	74.10%	77.29%	76.84%	77.57%	77.89%	75.96%	264.20%	164.65%	181.49%	26.19%	63.69%	59.57%	60.26%
EBITDA	749.00M	345.00M	316.00M	569.00M	452.00M	484.00M	774.00M	1.03B	1.38B	1.36B	1.65B	2.54B	1.47B	5.30B	1.20B	2.73B	118.00M	-2.62B
EBITDA Margin	191.56%	77.70%	68.25%	114.49%	83.09%	87.05%	124.64%	164.70%	187.03%	151.11%	170.98%	264.31%	164.77%	181.90%	26.76%	64.23%	3.19%	-75.56%
Net Income	-252.00M	226.00M	440.00M	35.00M	175.00M	372.00M	112.00M	800.00M	915.00M	937.00M	1.18B	3.11B	-108.00M	4.41B	3.03B	-7.97B	-1.06B	-3.31B
Net Income Margin	-64.45%	50.90%	95.03%	7.04%	32.17%	66.91%	18.04%	127.80%	123.65%	104.11%	122.59%	324.04%	-12.08%	151.37%	67.56%	-187.79%	-28.66%	-95.56%
R&D	-	-	-	-	-	-	-	-	0.95	0.86	0.88	3.3	0.12	1.95	0.36	2.06	-	-
R&D as % of Total Revenue	-	-	-	-	-	-	-	-	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-
Interest Expense	0	0	0	0	215.00M	231.00M	253.00M	239.00M	266.00M	302.00M	313.00M	296.00M	293.00M	708.00M	1.17B	1.48B	1.30B	1.23B
Interest Expense % of Total Revenue	0.00%	0.00%	0.00%	0.00%	39.52%	41.55%	40.74%	38.18%	35.95%	33.56%	32.44%	30.80%	32.77%	24.31%	26.05%	34.80%	35.21%	35.56%

Balance Sheet

Currency: SEK	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	4.69B	5.14B	6.56B	6.88B	7.28B	7.73B	8.75B	9.37B	12.12B	13.35B	15.71B	17.13B	18.67B	92.24B	90.86B	64.85B	61.78B	53.13B
Total Liabilities	3.52B	3.62B	4.46B	4.88B	5.20B	5.33B	6.41B	6.36B	8.45B	9.01B	10.41B	8.96B	11.40B	58.30B	59.55B	42.83B	40.27B	36.64B
Total Equity	1.17B	1.52B	2.10B	2.01B	2.08B	2.40B	2.34B	3.01B	3.67B	4.34B	5.30B	8.17B	7.28B	33.34B	31.27B	22.00B	21.51B	16.49B
Cash	11.00M	111.00M	229.00M	100.00M	116.00M	131.00M	48.00M	40.00M	7.00M	34.00M	14.00M	8.00M	15.00M	571.00M	979.00M	429.00M	586.00M	1.80B
Total Debt	3.19B	3.33B	4.08B	4.26B	4.57B	4.95B	5.66B	5.69B	7.57B	8.00B	9.30B	7.60B	9.85B	47.83B	49.54B	34.71B	32.97B	30.14B
Net Debt	3.18B	3.22B	3.86B	4.16B	4.45B	4.82B	5.62B	5.65B	7.56B	7.96B	9.29B	7.59B	9.84B	47.26B	48.56B	34.28B	32.39B	28.34B

Cash Flow

Currency: SEK	2008-12-31	2009-12-31	2010-12-31	2011-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-86.00M	99.00M	-99.00M	58.00M	184.00M	251.00M	113.00M	338.00M	411.00M	440.00M	448.00M	467.00M	370.00M	1.19B	2.23B	718.00M	920.00M	812.00M
Investing Cash Flow	-1.17B	-202.00M	-712.00M	-240.00M	-345.00M	-496.00M	-717.00M	-264.00M	-2.04B	-559.00M	-1.44B	3.06B	-2.02B	-954.00M	-1.29B	13.83B	1.67B	3.73B
Financing Cash Flow	1.06B	203.00M	930.00M	53.00M	177.00M	258.00M	521.00M	-82.00M	1.59B	146.00M	971.00M	-3.54B	1.65B	317.00M	-583.00M	-15.10B	-2.44B	-3.29B
Capital Expenditure	0	0	2.00M	2.00M	3.00M	640.00M	817.00M	172.00M	385.00M	340.00M	354.00M	506.00M	4.00M	249.00M	39.00M	4.00M	0	0
Free Cash Flow	-86.00M	99.00M	-101.00M	56.00M	181.00M	-389.00M	-704.00M	166.00M	26.00M	100.00M	94.00M	-39.00M	370.00M	1.19B	2.19B	718.00M	920.00M	812.00M
Dividends Paid	-	29.00M	77.00M	102.00M	101.00M	112.00M	119.00M	124.00M	179.00M	192.00M	218.00M	236.00M	278.00M	468.00M	627.00M	830.00M	659.00M	523.00M
FCF to OCF	100.00%	100.00%	102.02%	96.55%	98.37%	-154.98%	-623.01%	49.11%	6.33%	22.73%	20.98%	-8.35%	100.00%	100.00%	98.25%	100.00%	100.00%	100.00%
Dividend Paid to FCF	-	29.29%	-76.24%	182.14%	55.80%	-28.79%	-16.90%	74.70%	688.46%	192.00%	231.91%	-605.13%	75.14%	39.33%	28.59%	115.60%	71.63%	64.41%

Key Statistics & Ratios

Market Cap23.98B

Enterprise Value73.39B

Trailing P/E51.27

Forward P/E0.00

PEG Ratio0.00

Price / Sales7.36

Price / Book9.49

EPS4.32

Book Value12.22

Revenue (TTM)3.26B

Gross Profit (TTM)2.06B

EBITDA1.94B

Profit Margin-85.61%

Operating Margin62.26%

Return on Equity-15.75%

Return on Assets2.20%

Shares Outstanding12.42M

Shares Float499.10M

Beta1.51

Dividend Yield9.03%

Dividend Rate20.00

Payout Ratio341.88%

Dividends

20262×

5.00Jun 29, 20265.00Mar 30, 2026

20254×

5.00Dec 29, 20255.00Sep 29, 20255.00Jun 27, 20255.00Mar 28, 2025

20244×

5.00Dec 27, 20245.00Sep 27, 20245.00Jun 27, 20245.00Mar 27, 2024

20234×

5.00Dec 28, 20235.00Sep 28, 20235.00Jun 29, 20235.00Mar 30, 2023

20224×

5.00Dec 29, 20225.00Sep 29, 20225.00Jun 29, 20225.00Mar 30, 2022

20214×

5.00Dec 29, 20215.00Sep 29, 20215.00Jun 29, 20215.00Mar 30, 2021

20202×

5.00Dec 29, 20205.00Sep 29, 2020

Stock Splits

Jan 16, 20181:2
Jun 14, 20112:1