WinstonWınston
Back
Wihlborgs Fastigheter AB (publ) logo

Wihlborgs Fastigheter AB (publ)

WIHL.ST
67
Real Estate - Services · Real Estate
Price
kr 78.75
+0.50 (+0.64%)
Market Cap
kr 24.21B
Exchange
Stockholm Stock Exchange
Winston Score
67
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Strong
Growth
Strong
Cash Flow
Strong
Stability
Mixed
Valuation
Strong
Dividends
Good

Winston Score History

The full picture

Wihlborgs Fastigheter is a Swedish real estate company that owns and rents out office and commercial buildings. Its customers are businesses that need workspace, such as companies, government agencies, and other organizations. Wihlborgs focuses almost entirely on the Öresund region of southern Sweden and Denmark, which includes cities like Malmö, Helsingborg, Lund, and Copenhagen.

The company makes money by collecting rent from tenants who sign leases on its properties, which is a straightforward and relatively stable revenue model. Wihlborgs is one of the largest commercial property owners in the Öresund region, giving it strong local market knowledge and a concentrated portfolio that is easier to manage than a spread-out one. The main risk the business faces is rising interest rates, which increase borrowing costs for property companies and can also reduce property valuations, putting pressure on earnings and the balance sheet.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+7.0% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

-33.3% YoY

YoY Growth Rate

Earnings declining

R&D Spend

kr 0/ year

0.0% of revenue

Below sector average (1%)

Research and development spending

Insider Activity

11.2%ownership

Declining

Insider ownership declining — could be dilution or selling

Cash Position

Cash flow positive

kr 828M cash & investments

Quarterly Free Cash Flow

↓ Burn rate worsening

Company generates more cash than it spends — no dilution risk from fundraising

Growth context

Wihlborgs Fastigheter AB (publ) is growing revenue at 7% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Share count broadly stable

+0.0% over 4y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 307.4M (2021) → 307.4M (2025)

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
74.4%
Premium pricing power — 74.4% gross margin
Profit after running costs
Operating Margin
71.7%
Excellent — 71.7% operating margin
Return on the money invested
ROCE
5.2%
Weak — 5.2% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
+7.0%
Steady sales growth (+7.0% YoY)
Profit growth
EPS YoY
+15.4%
Earnings growing fast (+15.4% YoY)

Healthy double-digit earnings growth — what compounders look like.

How steady the profit is
EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
92%
Modest — 92% of profit becomes cash
Spare cash per sale
FCF Margin
13.5%
Converts sales into free cash efficiently (13.5%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
1.48
Elevated debt (1.48)
Covers its interest
Interest Cover
2.83x
Tight — interest eats into profit (2.8x)

Interest coverage between 1 and 3. Profits cover interest, but with little room to spare.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
11.1x
Attractive valuation — P/E 11.1

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year
P/E vs Forward
+1.0
GROWING
Earnings expected to grow — slightly cheaper on forward P/E

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend
Dividend Yield
4.19%
Healthy income — 4.19% yield

Generous yield. Worth checking whether the payout is sustainable.

Dividend record
Dividend Growth
-34.6%
Dividend cut (-34.6% YoY) — warning sign

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial