Pandox AB/Skr PNDX B

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About Pandox AB

Pandox AB is a company based in Sweden, operating within the hotel property sector. The company's core business involves the ownership and management of hotel properties across various geographic regions. Pandox AB owns a diverse portfolio of hotel assets that it leases to third-party operators under long-term agreements or manages through its hotel operations segment. Established in 1995, Pandox has a widespread presence in Northern Europe, with a strategic focus on full-service hotels in city center locations. Its competitive advantage lies in its specialized expertise in hotel property management and its extensive network, which enables efficient operations and optimal asset utilization.
Ticker
Skr PNDX B
Primary listing
XSTO
Employees
1,313
Headquarters
Stockholm, Sweden

Pandox AB Metrics

BasicAdvanced
kr 32B
10.19
kr 16.37
1.24
kr 4.50
2.70%

Bulls say / Bears say

UBS raised its price target on Pandox to 228 SEK and reiterated its buy recommendation, underscoring analyst confidence in the company’s growth trajectory. (Finwire via MarketScreener)
In Q2 2026, revenues for Leases increased 34% year-on-year to MSEK 1,346 and net operating income for Leases rose 37% to MSEK 1,196, driven by strong demand under long-term turnover-based leases. (Pandox)
Pandox signed a new long-term turnover-based lease with Strawberry for its Bodø hotel property, reinforcing its stable and diversified rental income portfolio. (Pandox)
Revenue for Own Operations fell 6% to MSEK 839 in Q2 2026, while net operating income for Own Operations declined 9%, signaling underperformance in the company’s self-operated segment. (Pandox)
Profit for the period attributable to shareholders dropped to MSEK 222 in Q2 2026 from MSEK 703 in Q2 2025, reflecting negative valuation adjustments on derivatives and properties. (Pandox)
The loan-to-value ratio remained elevated at 52.4% as of June 30, 2026, exposing Pandox to refinancing risk amid potentially higher interest rates. (Pandox)
Data summarised monthly by Lightyear AI. Last updated on 31 Aug 2026.

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Market data provided by CBOE Europe and Deutsche Börse.