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

• Market Cap: kr2.65B
• Dividend Yield: 2.99%
• Average Volume (3M): 62.46K
• Price to Earnings (P/E): 15.4
• Beta (1Y): 0.77
• Revenue Growth: 29.84%
• EPS Growth: N/A
• Country: SE
• Employees: 397
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 3.62
• Shares Outstanding: 86,009,130
• 10 Day Avg. Volume: 48,741
• 30 Day Avg. Volume: 62,456
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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

• Rating: 59 Neutral
• Price Target: kr31.00 ▲(3.51% Upside)

Catella AB Class B's overall score is driven by mixed financial performance with strong revenue growth but profitability and leverage concerns. Technical analysis indicates bearish sentiment, while valuation metrics suggest fair pricing with an attractive dividend yield.

Catella AB Class B Business Overview & Revenue Model

Company Description

Catella AB Class B (CAT.B) is a Swedish investment and property management company that specializes in real estate, credit, and asset management. The company operates across several sectors, including fund management, property investment, and advisory services, primarily focusing on the Nordic and European markets. Catella’s core products and services encompass investment funds, real estate asset management, and financial advisory, catering to both institutional and private clients.

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 shows strong revenue growth but faces profitability challenges and high leverage. The robust cash flow improvements provide some financial stability, but managing debt and improving profitability are crucial.

Income Statement

Catella AB Class B shows a mixed performance in its income statement. The TTM (Trailing-Twelve-Months) revenue growth rate is strong at 12.86%, indicating positive momentum. However, profitability metrics such as the net profit margin are negative, suggesting challenges in cost management or revenue realization. Historical data shows fluctuating margins, with a notable decline in gross profit margin from 63.53% in 2022 to 24.82% in the TTM period.

Balance Sheet

The balance sheet reflects a high debt-to-equity ratio of 1.51 in the TTM period, indicating significant leverage which could pose financial risk. Return on equity has turned negative, highlighting profitability challenges. The equity ratio is stable, suggesting a balanced asset structure, but the high leverage remains a concern.

Cash Flow

Cash flow analysis reveals a strong free cash flow growth rate of 58600% in the TTM period, indicating improved cash generation capabilities. The operating cash flow to net income ratio is low, suggesting potential issues in converting income into cash. However, the free cash flow to net income ratio is positive, reflecting efficient cash management.

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	772.00M	561.00M	303.00M	1.59B	997.00M	1.19B
EBITDA	434.00M	322.00M	270.00M	985.00M	328.00M	445.00M
Net Income	174.00M	30.00M	-21.00M	683.00M	174.00M	134.00M
Balance Sheet
Total Assets	4.36B	5.55B	5.44B	6.32B	5.44B	4.23B
Cash, Cash Equivalents and Short-Term Investments	1.58B	876.00M	818.00M	1.83B	1.25B	1.45B
Total Debt	1.60B	2.73B	2.54B	2.77B	2.54B	1.47B
Total Liabilities	2.30B	3.51B	3.41B	3.89B	3.62B	2.44B
Stockholders Equity	2.02B	2.00B	1.99B	2.17B	1.69B	1.61B
Cash Flow
Free Cash Flow	1.17B	90.00M	-156.00M	116.00M	-45.00M	142.00M
Operating Cash Flow	1.20B	116.00M	-130.00M	140.00M	-31.00M	165.00M
Investing Cash Flow	29.00M	27.00M	-315.00M	-11.00M	-1.52B	44.00M
Financing Cash Flow	-486.00M	-64.00M	-554.00M	150.00M	1.11B	315.00M

Catella AB Class B Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 29.95
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• 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 29.95 is below the 20-day moving average (MA) of 30.94, below the 50-day MA of 30.71, and above the 200-day MA of 29.52, indicating a neutral trend. The MACD of -0.13 indicates Positive momentum. The RSI at 38.33 is Neutral, neither overbought nor oversold. The STOCH value of 8.38 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%
CASE	67 Neutral	kr836.79M	23.98	―	―	39.48%	4380.99%
CAT.B	59 Neutral	kr2.65B	15.38	9.18%	2.99%	29.84%	―
IDUN.B	57 Neutral	kr3.68B	88.77	8.08%	0.31%	3.25%	23.17%
LINC	57 Neutral	€4.19B	17.85	-10.05%	―	41566.67%	-128.69%

Catella AB Class B Corporate Events

Catella AB Announces Nomination Committee for 2026 AGM

Catella AB has announced the appointment of its nomination committee for the upcoming 2026 annual general meeting. The committee, chaired by Eje Wictorson, will oversee the nomination process, with shareholders invited to submit proposals by 31 January 2026. This announcement highlights Catella’s ongoing commitment to structured governance and stakeholder engagement.

The most recent analyst rating on ($SE:CAT.B) stock is a Hold with a SEK32.00 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 Announces Share Conversion

Catella AB announced the conversion of 1,212 Class A shares into Class B shares, reducing the total number of votes in the company to 97,706,340. This conversion is part of Catella’s regular share management process, reflecting its commitment to transparency and compliance with the Financial Instruments Trading Act.

The most recent analyst rating on ($SE:CAT.B) stock is a Hold with a SEK32.00 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 Reports Strong Q2 2025 Amid Global Uncertainty

Catella AB Class B reported a strong second quarter in 2025, with significant operating profit driven by successful transactions like the sale of Kaktus Towers. Despite global economic uncertainties, Catella remains optimistic about the European property market, supported by favorable credit conditions and investor interest shifting from the US to Europe. The company is focusing on diversifying its portfolio and enhancing shareholder value through strategic investments and partnerships, such as the joint venture with Barings in the Vega residential project.

The most recent analyst rating on ($SE:CAT.B) stock is a Hold with a SEK30.00 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 Announces SEK 600 Million Bond Repurchase Offer

Catella AB has announced a tender offer to repurchase up to SEK 600 million of its outstanding senior unsecured bonds. This move, conducted through a modified Dutch auction, aims to manage the company’s debt profile and potentially improve its financial flexibility, impacting stakeholders by possibly enhancing market confidence in Catella’s financial strategy.

The most recent analyst rating on ($SE:CAT.B) stock is a Hold with a SEK30.00 price target. To see the full list of analyst forecasts on Catella AB Class B stock, see the SE:CAT.B Stock Forecast page.