profit from every SEK 100 of sales.
SEK 0SEK 100
Pandox
SEK 174.40+0.00% today
-10.8% in 1 year
1-year low SEK 148.801-year high SEK 203.00
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay SEK 10.81 for every SEK 1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Pandox sold, what it kept, and what it did with the cash.
Sales went from SEK 5.65 billion in 2022 to SEK 7.47 billion in 2025, with SEK 3.14 billion of profit last year.
SalesProfit
Pandox vs. similar companies
Pandox grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from SEK 100 of sales | Sales growth a year | Price per SEK 1 of profit |
|---|---|---|---|
| Pandox | 10.8× · Cheap | ||
 Sumitomo Realty & Development | 17.3× · Fair price | ||
 KE Holdings | 43.6× · Expensive | ||
 Cellnex Telecom | No profit yet | ||
 Swire Properties | No profit yet |
AI analysis
An AI analyst reads Pandox's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 5,654 | 6,849 | 7,136 | 7,469 | |
| 3,104 | 3,587 | 3,855 | 4,222 | |
| 2,951 | 3,390 | 3,655 | 3,986 | |
| 6,673 | 1,871 | 4,973 | 6,252 | |
| 4,217 | -585 | 1,689 | 3,139 | |
| 22.94 | -3.18 | 9.04 | 16.13 | |
| 54.9% | 52.4% | 54.0% | 56.5% | |
| 52.2% | 49.5% | 51.2% | 53.4% | |
| 74.6% | -8.5% | 23.7% | 42.0% |
Balance sheet
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 75,217 | 73,208 | 80,688 | 111,894 |
| Cash | 1,630 | 769 | 1,286 | 1,186 |
| Total debt | 37,094 | 35,626 | 38,699 | 53,046 |
| Total liabilities | 44,284 | 43,483 | 46,993 | 77,981 |
| 30,731 | 29,573 | 33,528 | 33,729 | |
| 184 | 184 | 187 | 195 | |
| 7.4% | 1.9% | 5.2% | 5.4% | |
| 13.7% | -2.0% | 5.0% | 9.3% |
Cash flow
| In millions of SEK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2,377 | 2,193 | 1,826 | 3,049 | |
| 1,332 | 1,894 | 4,054 | 16,328 | |
| 1,045 | 299 | -2,228 | -13,279 | |
| Dividends paid | – | 460 | 735 | 827 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 10.8×
- –
- –
- 0.9×
- 4.5×
- –
- 13.7×
- -39.1%
- 9.2%
- 2.4%
Profitability
- 56.5%
- 53.4%
- 42.0%
- –
- 5.4%
- 5.0%
- –
- –
- –
- –
Growth
- +9.7%
- −11.1%
- –
- –
- +1.9%
Financial health
- 8.3×
- 1.57
- –
- 2.9×
- 0.88
- –
- –
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 36%of 743
Top 34%of 749
Top 29%of 663
Top 40%of 759
Bottom 1%of 759
2.4%of the share price, paid each year
On $1,000 invested$24a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
26.3% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Pandox
Is Pandox a good stock to buy?
A business with weak numbers, and the price looks low. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Pandox AI analysis
What does Pandox do?
Pandox AB (publ) owns, develops, and leases hotel properties to skilled hotel operators under long-term, turnover based leases with minimum guaranteed levels. Since their inception in 1995, they have grown into one of the largest hotel property owners in Europe. It is in Real Estate Services, based in Stockholm, Sweden, with 1,337 employees.
Does Pandox pay a dividend?
Yes. At today's price the dividend is 2.4% a year, about 26% of its yearly profit. In 2025 it paid out SEK 827 million in dividends.
Is Pandox stock halal?
No. Pandox does not pass our halal screen: its debt is 156% of its market value, at or above the 33% limit. How we check
How has Pandox stock done over the past year?
Down 10.8% over the past twelve months, to SEK 174.40. It traded between SEK 148.80 and SEK 203.00 and is 14.1% below its high.
Who are Pandox's competitors?
The largest listed companies in the same industry are Sumitomo Realty & Development, KE Holdings, Cellnex Telecom and Swire Properties. The peers table on this page compares their profit, growth and price with Pandox's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.