K-Fastigheter KFAST B

Stockholm | Developer | Residential real estate and property development
Follow K-Fastigheter free Follow free

Email when the signal or risk changes · Sunday weekly brief

No card · No time limit on free tier · Upgrade when you need more

Updated: 23 Oct 2026 Base analysis: 6 Apr 2026

The news check keeps the assessment current.

General analysis — not personal advice.

HOLD Partly clear

Wait for the Q1 report; consider adding only after confirmed deleveraging.

Q3 result with profit turnaround and completed project sale reinforces the hold signal pending further debt reduction.

Market sentiment Positive ↑
Trend: Improving

Sentiment remains neutral to mildly positive after the ownership change and confirmed insider purchases, but the market awaits further debt reduction.

Risk assessment High
Dilution: Medium Deleveraging relies on disposals; otherwise funding may be needed
Jurisdiction: Low Operations mainly in Sweden and Denmark
Execution: High High leverage and reliance on successful asset sales

HOLD is the call. Positive is the market mood. High risk means a lot can go wrong.

Latest change
  • 23 Oct 2026 — Report shows profit turnaround and lower loan-to-value driven by project sale and completion.

The full analysis is open. Follow the company free for the full change history — and email next time the picture changes.

Show all changes (3) — follow the company free
About the company

K-Fastigheter is a Swedish real estate company that develops, builds, and manages mainly rental apartments, with vertical integration through its own construction and prefab operations. The company is in a transformation phase focused on strengthening the balance sheet via asset sales and the integration of Brinova. High leverage and interest-rate sensitivity dominate the risk profile.

Sector: Residential real estate and property development
Type: Developer
Next report (Annual)
16 Feb 2027
Catalysts
●
16 Feb 2027
Full-year 2026 report High
○
Q4 2026
Brinova distribution High
Bull case

Continued divestments can reduce net debt and improve interest coverage.

Bear case

High leverage and dependence on successful transactions remain key risks.

Why this signal

Q3 result with profit turnaround and completed project sale reinforces the hold signal pending further debt reduction.

Recent news
  • Q3 report published on 23 October with higher property management result and lower leverage. Sandryggen 4 completed after the period and will generate positive result and liquidity in Q4. Björlanda Ängar sold to Folksam with handover in 2027.

Key figures

Revenue
Q3 2026
SEK 545M
Net income
Q3 2026
SEK 132M
Shares outstanding
Q3 2026
246M
EPS
Q3 2026
SEK 0.54
Exchange
Stockholm
Type
Developer
Sector
Residential real estate and property development
K-Fastigheter KFAST B
K-Fastigheter — this picture changes. Follow free
Follow K-Fastigheter free Follow free
Firelda provides general information and analysis, not personal investment advice. Content does not consider your financial situation or goals. Investments can rise and fall in value. Always do your own research.