(JM) JM (publ) - Ratings and Ratios

Naval Ravikant here. Let me give you the lowdown on JM AB (publ), a company thats been around since 1945, headquartered in Solna, Sweden. Theyre a major player in the Nordic real estate scene, focusing on developing and selling residential properties. Their segments include JM Residential Stockholm, JM Residential Sweden, JM Norway, JM Finland, JM Property Development, and JM Construction. They also handle acquisitions, planning, pre-construction, production, and sales of residential units, plus developing rental units, care units, and commercial properties, mainly in the Greater Stockholm area.

Looking at their market presence, theyve got a solid foothold in the Nordics, which is known for its stable real estate market. This stability can be a double-edged sword; it offers predictability but might limit explosive growth. Their market cap is 11,836.63M SEK, giving them substantial size and reach in their region. The P/E ratio of 53.97 is notable—it suggests that investors have high expectations for future earnings, which could indicate confidence in their growth prospects or market position.

The P/B ratio of 1.46 indicates theyre trading at a moderate premium to their book value, which isnt unusual for established real estate firms with significant assets. The P/S ratio of 0.88 points to efficient revenue generation relative to their market value, which is a positive sign for investors looking at their ability to convert sales into profits.

For fund managers, JM AB offers a balance of growth and stability, fitting well within a diversified portfolio. The high P/E ratio, however, should prompt a closer look at whether the markets expectations are realistic. Their established position and diversified operations across the Nordics make them a compelling option for those seeking exposure to the regional real estate market.