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
- 1,313
- Headquarters
- Stockholm, Sweden
- Website
- www.pandox.se
Pandox AB Metrics
BasicAdvanced
kr 31B
9.87
kr 16.37
1.24
kr 4.50
2.78%
Price and volume
Market cap
kr 31B
Beta
1.24
52-week high
kr 205.00
52-week low
kr 147.00
Average daily volume
112K
Dividend rate
kr 4.50
Financial strength
Current ratio
0.801
Quick ratio
0.125
Long term debt to equity
1.41
Total debt to equity
1.573
Dividend payout ratio (TTM)
27.50%
Interest coverage (TTM)
1.87%
Profitability
EBITDA (TTM)
4,800
Gross margin (TTM)
59.74%
Net profit margin (TTM)
40.22%
Operating margin (TTM)
56.76%
Effective tax rate (TTM)
21.37%
Revenue per employee (TTM)
kr 6,030,000
Management effectiveness
Return on assets (TTM)
2.85%
Return on equity (TTM)
9.48%
Valuation
Price to earnings (TTM)
9.874
Price to revenue (TTM)
3.972
Price to book
0.91
Price to tangible book (TTM)
0.91
Price to free cash flow (TTM)
8.616
Free cash flow yield (TTM)
11.61%
Free cash flow per share (TTM)
18.756
Dividend yield (TTM)
2.78%
Forward dividend yield
2.78%
Growth
Revenue change (TTM)
10.13%
Earnings per share change (TTM)
132.38%
3-year revenue growth (CAGR)
6.92%
10-year revenue growth (CAGR)
8.02%
3-year earnings per share growth (CAGR)
17.06%
10-year earnings per share growth (CAGR)
2.32%
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
Q2 showed strong earnings momentum: total revenue rose 15%, net operating income 25% and cash earnings per share 15%. The Dalata portfolio added MSEK 312 of rent in the quarter, while EPRA net asset value per share rose 14% year on year. (Nasdaq Stockholm)
Pandox has a sizeable internal growth pipeline. It plans SEK 1.8bn of 2026 investment targeting SEK 170m of stabilised net operating income at a 9.4% yield, alongside more than 600 new rooms due in 2026–27. (Investing.com, Quartr)
The business is supported by diversified European demand and a large lease base. Management reported stable bookings, full event calendars and robust business and leisure demand, while its revenue-based leases include minimum guarantees that can provide downside protection. (Nasdaq Stockholm, Quartr)
Leverage and refinancing remain material risks. Net debt rose 39% year on year, around SEK 8.2bn of debt matures within one year, loan-to-value was 52.4% and interest cover had fallen to 2.4 times. (Investing.com, Quartr)
Reported profit is more volatile than the operating figures suggest. Q2 profit fell 69%, as higher financial costs and weaker property-value changes outweighed the growth in operating income; derivative losses also remain sensitive to interest-rate movements. (Quartr, Fazen Markets)
Growth is uneven across the portfolio and may force a period of balance-sheet consolidation. Germany, the Netherlands and Belgium recorded declining RevPAR, while Nordea said Pandox’s net loan-to-value was at a ten-year high and saw limited scope for positive estimate revisions. (Investing.com, EFN)
Data summarised monthly by Lightyear AI. Last updated on 28 Sept 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 | 1.30% |
iShares European Property Yield€IPRP | €833M | 1.30% |
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€DX2J | $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.