Catella AB Class B (CAT.B) AI Stock Analysis

• Market Cap: kr2.40B
• Dividend Yield: 3.3%
• Average Volume (3M): 95.15K
• Price to Earnings (P/E): 14.2
• Beta (1Y): 0.69
• Revenue Growth: 40.78%
• EPS Growth: N/A
• Country: SE
• Employees: 397
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): -0.32
• Shares Outstanding: 86,009,130
• 10 Day Avg. Volume: 100,398
• 30 Day Avg. Volume: 95,148
• PEG Ratio: -0.34
• Price to Book (P/B): 1.23
• Price to Sales (P/S): 1.12
• P/FCF Ratio: 27.34
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: kr27.00 ▼(-3.57% Downside)

Catella AB Class B's overall stock score is driven by its stable financial performance and attractive valuation. However, the technical analysis indicates bearish momentum, which poses a risk. The lack of earnings call data and corporate events means these factors did not influence the score.

Positive Factors

Revenue Growth

The company's strong revenue growth indicates robust demand for its services and successful market penetration, supporting long-term business expansion.

Cash Flow Improvements

Significant improvement in free cash flow generation enhances financial flexibility, enabling strategic investments and debt reduction.

Market Position

A strong presence in the Nordic and European markets positions Catella AB to capitalize on regional economic growth and real estate trends.

Negative Factors

Profitability Challenges

Negative profitability metrics indicate issues in cost control or revenue realization, potentially impacting long-term financial health.

High Leverage

Significant leverage increases financial risk, potentially limiting the company's ability to invest in growth opportunities or weather economic downturns.

Declining Margins

A sharp decline in gross profit margin suggests increased cost pressures or pricing challenges, which could undermine long-term profitability.

Catella AB Class B Business Overview & Revenue Model

Company Description

Catella AB (publ) is a real estate investment firm. The firm together with its subsidiaries, provides property advisory and investments, and fund management services in Europe. The company operates in two segments, Corporate Finance and Asset Management. The Corporate Finance segment offers strategic advisory, capital market-related, and transaction advisory services to real estate companies, financial institutions, property funds, and other property owners. The Asset Management segment provides property investment management, fund, and asset management services to institutional and other professional investors, as well as project management services in the early phase of property development projects. This segment also offers equity, hedge, and fixed income funds, as well as systematic funds. The company was formerly known as Scribona AB (publ) and changed its name to Catella AB (publ) in 2010. Catella AB (publ) was incorporated in 1961 and is headquartered in Stockholm, Sweden.

How the Company Makes Money

Catella AB generates revenue primarily through management fees from its investment and property management services. The company earns a significant portion of its income by managing real estate funds and investment portfolios for clients, charging fees based on the assets under management (AUM). Additionally, Catella earns performance fees when its funds exceed designated performance benchmarks. The company also generates revenue through transaction fees related to property sales and acquisitions, as well as advisory fees from consulting services, which include market analysis and investment strategy development. Strategic partnerships with other financial institutions and real estate developers further bolster its revenue streams, allowing Catella to expand its service offerings and client base.

Catella AB Class B Financial Statement Overview

Summary

Catella AB Class B demonstrates a stable financial position with strong cash flow generation and effective leverage management. Despite challenges in revenue growth, the company maintains reasonable profitability and operational efficiency. The balance sheet reflects a balanced financial structure, and strong cash flow metrics provide a solid foundation for future growth and financial stability.

Income Statement

Catella AB Class B shows a mixed performance in its income statement. The TTM data reveals a decline in revenue growth rate by 4.2%, indicating a potential challenge in maintaining revenue momentum. However, the company maintains a decent gross profit margin of 32.1% and an EBIT margin of 14.4%, reflecting operational efficiency. The net profit margin of 7.2% is modest, suggesting room for improvement in profitability.

Balance Sheet

The balance sheet of Catella AB Class B highlights a stable financial structure with a debt-to-equity ratio of 0.79 in the TTM period, showing improved leverage management compared to previous years. The return on equity stands at 9.0%, indicating reasonable profitability for shareholders. The equity ratio of 47.1% suggests a balanced approach to financing assets, providing a cushion against financial risks.

Cash Flow

The cash flow statement reflects strong cash generation capabilities, with a significant free cash flow growth rate of 15.9% in the TTM period. The operating cash flow to net income ratio of 1.98 indicates robust cash flow relative to earnings, while the free cash flow to net income ratio of 0.98 underscores effective cash management. These metrics suggest a solid cash flow position, supporting future investments and debt servicing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.40B	2.21B	2.02B	2.51B	1.73B	2.05B
Gross Profit	726.00M	561.00M	303.00M	1.59B	996.00M	1.19B
EBITDA	412.00M	322.00M	270.00M	985.00M	402.00M	445.00M
Net Income	169.00M	30.00M	-21.00M	491.00M	174.00M	65.00M
Balance Sheet
Total Assets	4.19B	5.55B	5.44B	6.32B	5.44B	4.23B
Cash, Cash Equivalents and Short-Term Investments	1.67B	876.00M	718.00M	1.76B	1.45B	1.45B
Total Debt	1.48B	2.73B	2.54B	2.88B	2.68B	1.47B
Total Liabilities	2.18B	3.51B	3.41B	3.89B	3.62B	2.44B
Stockholders Equity	1.98B	2.00B	1.99B	2.17B	1.69B	1.61B
Cash Flow
Free Cash Flow	1.36B	90.00M	-156.00M	116.00M	-45.00M	142.00M
Operating Cash Flow	1.38B	116.00M	-130.00M	140.00M	-31.00M	165.00M
Investing Cash Flow	999.00M	27.00M	-315.00M	-11.00M	-1.52B	44.00M
Financing Cash Flow	-671.00M	-64.00M	-554.00M	150.00M	1.11B	315.00M

Catella AB Class B Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 28.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CAT.B, the sentiment is Negative. The current price of 28 is below the 20-day moving average (MA) of 28.04, above the 50-day MA of 26.93, and below the 200-day MA of 29.28, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 43.34 is Neutral, neither overbought nor oversold. The STOCH value of 14.28 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:CAT.B.

Catella AB Class B Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CAT.B	63 Neutral	kr2.40B	14.22	8.96%	3.30%	40.78%	―
CASE	61 Neutral	kr682.31M	18.22	―	―	34.18%	242.91%
IDUN.B	60 Neutral	kr3.67B	75.55	7.92%	0.31%	3.71%	26.89%
VEFAB	60 Neutral	kr2.18B	-2.19	―	―	―	―
NAXS	51 Neutral	kr401.45M	-16.61	―	8.78%	―	―
LINC	48 Neutral	kr3.47B	-8.68	-1.58%	―	45733.33%	-105.08%

Catella AB Class B Corporate Events

Catella AB Sells Valuation France to Newmark, Enhancing Strategic Focus

Catella AB has sold its 66.1% share in Catella Valuation Advisory SAS to Newmark Group Inc., a move expected to add nearly SEK 50 million to its EBIT in the fourth quarter of 2025. This divestment aligns with Catella’s strategic priorities to enhance its service offerings and strengthen its Corporate Finance business in France, focusing on transaction and property advisory services, while continuing to recruit and develop key competencies for growth.

The most recent analyst rating on ($SE:CAT.B) stock is a Hold with a SEK25.00 price target. To see the full list of analyst forecasts on Catella AB Class B stock, see the SE:CAT.B Stock Forecast page.

Catella AB Class B Sees Growth in Assets Under Management Despite Profit Dip

Catella AB Class B reported a third-quarter operating profit of SEK 7 million, down from SEK 19 million the previous year, due to reduced transactional revenues. Despite this, the company increased its assets under management to SEK 160 billion, reflecting a strategic focus on securing new investment management mandates and enhancing fixed and recurring revenue streams.

The most recent analyst rating on ($SE:CAT.B) stock is a Hold with a SEK33.00 price target. To see the full list of analyst forecasts on Catella AB Class B stock, see the SE:CAT.B Stock Forecast page.