AACCE Investments
ScreenerStocksIndicesPicksETFsBlogPricing

© 2026 ACCE Investments. All rights reserved.

ACCE Investments - Institutional-grade stock research for retail investors | BetaList
IndicesStocksETFsScreenerBlogGlossaryCompareMarket dataAdvisors
TermsPrivacyCookiesDisclaimerLegal noticeProfessional termsAboutContact
ALM-PREF.ST

ALM Equity AB (publ) (ALM-PREF.ST) fair value

Real Estate · Real Estate - Diversified · Nasdaq Stockholm · Sweden
kr 83.00-0.60%
Market cap kr 2.7BNext earnings 2025-07-17Updated Oct 24, 2026 · valuation updating
Our verdict
No fair value
We are missing the financial data our models need for this company. It will appear once the data arrives.
Not valued: the number of shares is not on file.
ACCE opinionALM Equity AB (publ) (ALM-PREF.ST)
Fair value
Not available
ACCE price target
kr 84.00
Rating
Not rated
Horizon
12 months
ACCE price target published on 23 Oct 2026, 01:52 CEST.
Price used: kr 83.00 at the close on 23 Oct 2026, 17:30 CEST.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
39
out of 100
1-year return
+0.5%
Dividend yield
10.06%

ALM Equity AB (publ) in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

ALM Equity is a Swedish diversified real estate company that owns and develops commercial and residential property in the Nordic region, and this ticker is its preference share class, which carries different voting rights and dividend terms from the ordinary shares. The data here is weak: revenue fell 18.2% year over year, the gross margin is negative at -4.2%, the operating margin is -10.9%, and ROE is -0.7%, so the business is currently losing money at the operating line and earns no return on equity. With no forward earnings estimate and no index membership, the name sits well outside the screens we normally use. There is no tailwind in the numbers provided, so any case for a deeper look would have to rest on a property revaluation, asset sale or refinancing that the metrics here do not yet show, and that work would need to come from the filings and the balance sheet. It is worth a look only if the team wants to test whether the revenue decline is cyclical or structural.

AI-assisted·How I use AIWritten Oct 23, 2026

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

PRO

Ask ACCE

Valuation

INVESTOR
Where ALM-PREF.ST's valuation models land
Price
kr 83.00
Create a free account: 5 full stock pages a month, no card.

See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.

Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

No analyst coverage yet.
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
Do politicians beat the market? Our backtest →
Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Recent performance

1 week
-2.4%
1 month
-6.5%
3 months
-7.1%
6 months
-8.7%
YTD
+1.2%
1 year
+0.5%

Recommendation history, last 12 months

DateTypeNewPreviousPrice
23 Oct 2026, 01:52 CESTACCE price targetkr 84.00first publicationkr 83.50

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

This security trades in SEK. Exchange-rate movements can increase or reduce the result in your own currency.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

Get the full ALM-PREF.ST page, free

Every model, the scenarios, fair value history, AI notes and the four questions. 5 full stock pages every month on the free plan, no card.

Free accounts get 5 full stock pages a month, including the full page.

Snapshot

Growth43Value40Quality27Momentum47Total39
Valuation
Trailing P/E
no data
Forward P/E
no data
PEG
no data
P/B
1.27x
EV / Revenue
3.3x
Book value/sh
kr 103.12
Enterprise value
kr 2.7B
Profitability
ROE
-0.7%
FCF yield
0.19%
ROIC
-4.9%
Health and risk
Debt / equity
0.58
Dividend yield
10.06%
Beta
0.25

Price

+0.0% · 1Y

Ask anything about ALM-PREF.ST

Answered from ALM Equity AB (publ) fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
ROEbetter than 17% of peers
low -13%-1%high 8%
Div yieldbetter than 100% of peers
low 0.0%10.1%high 10.1%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
ALM-PREF.ST ALM Equity AB (publ)kr 83.00----0.7%2739
TRIAN-B.ST Fastighets AB Trianon (publ)kr 15.75kr 1814% below9.8x5.7%7654
CORE-PREF.ST Corem Property Group AB (publ)kr 195.60--45.3x-13.2%5032
JOMA.ST John Mattson Fastighetsföretagen AB (publ)kr 54.20kr 509% above7.6x8.3%7655
NREN.SW Novavest Real Estate AGCHF 37.20CHF 3311% above10.9x8.0%7647
STEF-B.ST Stendörren Fastigheter AB (publ)kr 152.60kr 1604% below14.8x5.8%7158
CBOT.PA CBo Territoria SA€3.62€636% below7.7x7.0%8152

Sector report card

Where ALM-PREF.ST ranks against its sector peers on each metric.

Computing percentiles…