Pandox AB/Skr PNDX B
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
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
- Sector
- Real Estate
- Primary listing
- XSTO
- Employees
- 1,552
- Headquarters
- Stockholm, Sweden
- Website
- www.pandox.se
Pandox AB Metrics
BasicAdvanced
kr 32B
8.95
kr 18.39
1.25
kr 4.50
2.73%
Price and volume
Market cap
kr 32B
Beta
1.25
52-week high
kr 205.00
52-week low
kr 147.00
Average daily volume
139K
Dividend rate
kr 4.50
Financial strength
Current ratio
0.649
Quick ratio
0.089
Long term debt to equity
1.112
Total debt to equity
1.524
Dividend payout ratio (TTM)
24.48%
Interest coverage (TTM)
2.59%
Profitability
EBITDA (TTM)
5,160
Gross margin (TTM)
60.85%
Net profit margin (TTM)
42.73%
Operating margin (TTM)
58.01%
Effective tax rate (TTM)
23.33%
Revenue per employee (TTM)
kr 5,400,000
Management effectiveness
Return on assets (TTM)
2.98%
Return on equity (TTM)
10.31%
Valuation
Price to earnings (TTM)
8.95
Price to revenue (TTM)
3.825
Price to book
0.88
Price to tangible book (TTM)
0.88
Price to free cash flow (TTM)
8.407
Free cash flow yield (TTM)
11.89%
Free cash flow per share (TTM)
19.578
Dividend yield (TTM)
2.73%
Forward dividend yield
2.73%
Growth
Revenue change (TTM)
14.90%
Earnings per share change (TTM)
76.48%
3-year revenue growth (CAGR)
7.33%
10-year revenue growth (CAGR)
8.31%
3-year earnings per share growth (CAGR)
73.45%
10-year earnings per share growth (CAGR)
2.70%
3-year dividend per share growth (CAGR)
21.64%
10-year dividend per share growth (CAGR)
1.71%
What the Analysts think about Pandox AB
Analyst ratings (Buy, Hold, Sell) for Pandox AB stock.
Analyst projections of the future price of Pandox AB stock.
Bulls say / Bears say
Cash earnings rose 31% year on year in Q3 to SEK 806m, or 23% after adjusting for prior-year preparatory costs. Comparable revenue and net operating income each grew 4% in fixed currency, so growth was not solely driven by acquisitions. (Inderes)
Dalata contributed SEK 880m of rental income in the first nine months, with like-for-like revenue growth of 3% in the UK and 1% in Ireland. The planned separation of its hotel operations and refinancing into property-backed loans could strengthen the structure and lower borrowing margins. (Inderes)
Pandox expects SEK 390m of stabilised net operating income from SEK 4.14bn of planned and ongoing property investments, implying an estimated 9.4% yield on cost. This provides a sizeable potential source of organic growth. (Pandox)
Net loan-to-value was 52.2% and interest cover was 2.4 times at the end of Q3, while the company warned that rising interest rates are increasing financing costs. That leverage leaves less room for setbacks or further investment. (Inderes)
Net operating income from Own Operations fell 7% in Q3, and Pandox moved six German hotels into that segment after tenant Revo went bankrupt; three more remain under insolvency administration while a new tenant is sought. The disruption adds operational and re-leasing risk. (Inderes)
Pandox recorded a SEK 226m decline in property values in Q3, even as derivative values rose by SEK 695m. The contrast highlights that reported profit growth included a large valuation gain on derivatives rather than a rise in property values. (Inderes)
Data summarised monthly by Lightyear AI. Last updated on 22 Oct 2026.
Pandox AB Financial Performance
Revenues and expenses
Pandox AB Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Pandox AB
AllEURUSD
Fund name | Fund size | Skr PNDX B weighting |
|---|---|---|
iShares European Property Yield£IPRP | €833M | 1.35% |
iShares European Property Yield€IPRP | €833M | 1.35% |
iShares Developed Markets Property Yield$IDWP | $1.2B | 0.11% |
iShares Developed Markets Property Yield£IWDP | $1.2B | 0.11% |
Xtrackers MSCI Europe Small Cap£XXSC | $3.6B | 0.11% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.