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

• Market Cap: kr2.60B
• Dividend Yield: 3.04%
• Average Volume (3M): 35.42K
• Price to Earnings (P/E): 96.9
• Beta (1Y): 0.82
• Revenue Growth: -2.63%
• EPS Growth: -1491.39%
• Country: SE
• Employees: 397
• Sector: Real Estate
• Sector Strength: 58
• Industry: Asset Management
• EPS (TTM): -2.06
• Shares Outstanding: 86,007,920
• 10 Day Avg. Volume: 40,791
• 30 Day Avg. Volume: 35,420
• PEG Ratio: 0.02
• Price to Book (P/B): 1.52
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.31K
• 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: kr29.17
• Price Target Upside: -0.78% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 54 Neutral
• Price Target: kr30.00 ▲(2.04%Upside)

Catella AB Class B's overall stock score is primarily influenced by its mixed financial performance and valuation challenges. The company's declining revenue, high leverage, and negative profitability ratios are significant concerns. Technical analysis provides a slightly positive outlook with mild bullish momentum, but valuation metrics highlight overvaluation risks due to negative earnings. The dividend yield offers some investor appeal, though financial stability improvements are necessary for future resilience.

Catella AB Class B Business Overview & Revenue Model

Company Description

Catella AB is a Sweden-based financial services company specializing in property advisory, investment management, and banking services. The company operates primarily in the real estate and finance sectors, offering a range of services including property management, fund management, and financial advisory. Catella AB caters to a diverse clientele, including institutional investors, corporations, and high-net-worth individuals, aiming to provide comprehensive solutions tailored to their financial and real estate investment needs.

How the Company Makes Money

Catella AB generates revenue through a combination of advisory fees, management fees, and transaction commissions. In its property advisory segment, the company earns fees by providing strategic advice and managing real estate transactions for clients. The investment management division contributes to revenue by charging management and performance fees on assets under management, including real estate funds and other investment vehicles. Additionally, the banking services segment brings in income through financial services provided to clients, including lending activities and wealth management services. Strategic partnerships and collaborations with financial institutions and real estate developers further enhance Catella's revenue streams by expanding its market reach and service offerings.

Catella AB Class B Financial Statement Overview

Summary

Catella AB Class B shows signs of recovery with positive revenue growth and improved cash flow, but profitability remains low, reflected in weak net margins and ROE. The balance sheet is moderately leveraged, and while cash flows have turned positive, continuous improvement in profitability and debt management will be crucial for future stability.

Income Statement

The company shows a fluctuating revenue pattern with recent revenue growth of 9.47% from 2023 to 2024. Gross profit margin improved significantly to 25.43% in 2024, indicating better cost management. However, the net profit margin is weak at 1.36% due to higher operating expenses. The EBIT margin declined from previous years to 5.53%, and EBITDA margin improved to 14.60%, reflecting better earnings before depreciation and amortization.

Balance Sheet

The company's debt-to-equity ratio increased to 1.37 in 2024, suggesting moderate leverage. Return on equity (ROE) was 1.50%, indicating low profitability relative to equity. The equity ratio stands at 36.00%, showing a stable capital structure but lower than optimal equity proportion.

Cash Flow

Operating cash flow improved to $116 million in 2024, reflecting stronger cash generation capabilities. Free cash flow turned positive to $90 million, indicating better cash flow management. The operating cash flow to net income ratio of 3.87 suggests efficient cash conversion, while free cash flow to net income ratio is slightly lower at 3.00.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.13B	2.21B	2.02B	2.51B	1.73B	2.05B
Gross Profit	529.00M	561.00M	303.00M	1.59B	997.00M	1.19B
EBITDA	103.00M	322.00M	270.00M	985.00M	328.00M	445.00M
Net Income	-179.00M	30.00M	-21.00M	683.00M	174.00M	134.00M
Balance Sheet
Total Assets	5.12B	5.55B	5.44B	6.32B	5.44B	4.23B
Cash, Cash Equivalents and Short-Term Investments	761.00M	876.00M	818.00M	1.83B	1.25B	1.45B
Total Debt	2.65B	2.73B	2.54B	2.77B	2.54B	1.47B
Total Liabilities	3.31B	3.51B	3.41B	3.89B	3.62B	2.44B
Stockholders Equity	1.76B	2.00B	1.99B	2.17B	1.69B	1.61B
Cash Flow
Free Cash Flow	2.00M	90.00M	-156.00M	116.00M	-45.00M	142.00M
Operating Cash Flow	22.00M	116.00M	-130.00M	140.00M	-31.00M	165.00M
Investing Cash Flow	32.00M	27.00M	-315.00M	-11.00M	-1.52B	44.00M
Financing Cash Flow	-391.00M	-64.00M	-554.00M	150.00M	1.11B	315.00M

Catella AB Class B Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 29.40
• 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 29.4 is below the 20-day moving average (MA) of 29.85, below the 50-day MA of 30.31, and above the 200-day MA of 28.60, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.62 is Neutral, neither overbought nor oversold. The STOCH value of 16.61 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
AMBEA	78 Outperform	kr9.36B	15.97	12.49%	1.86%	5.86%	33.17%
STEF.B	71 Outperform	kr6.33B	15.30	7.70%	―	1.88%	―
CIBUS	67 Neutral	kr13.84B	29.65	5.38%	66.95%	10.88%	―
Sector *	63 Neutral	kr15.06B	23.38	2.22%	4.30%	1.01%	157.76%
CAT.B	54 Neutral	kr2.60B	96.88	-9.35%	3.04%	-2.63%	-1491.39%
BONAV.A	54 Neutral	kr3.87B	―		―	-31.01%	82.41%
SBB.B	39 Underperform	kr8.54B	―	-23.76%	22.16%	-30.32%	79.30%

Catella AB Class B Corporate Events

Catella AB Announces Board Changes and Strategic Resolutions at AGM

Catella AB’s annual general meeting resulted in the re-election and election of several board members, with Erik Rune appointed as the new chairman. The meeting approved financial statements, discharged board members from liability, and declared a dividend of SEK 0.90 per share. Additionally, the meeting authorized the board to issue new shares, repurchase shares, and implement a long-term incentive program, reflecting strategic moves to enhance shareholder value and operational flexibility.

Catella AB’s Strategic Divestment Boosts Investment Potential Amid Market Challenges

Catella AB Class B, a company involved in property investments and asset management, reported a challenging first quarter for 2025, impacted by currency effects and lower transaction-based revenues. Despite these challenges, the company successfully divested Kaktus Towers in Copenhagen, strengthening its cash position and enabling further investments. The European property market showed signs of recovery, supported by falling interest rates and improved credit conditions. Catella plans to leverage its strong cash position for new investments and partnerships, aiming to grow assets under management and increase shareholder value.