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

• Market Cap: kr1.77B
• Dividend Yield: 3.3%
• Average Volume (3M): 95.15K
• Price to Earnings (P/E): 53.0
• Beta (1Y): 0.58
• Revenue Growth: 40.78%
• EPS Growth: N/A
• Country: SE
• Employees: 397
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): -0.69
• Shares Outstanding: 86,009,130
• 10 Day Avg. Volume: 100,398
• 30 Day Avg. Volume: 95,148
• PEG Ratio: 0.90
• Price to Book (P/B): 1.34
• Price to Sales (P/S): 1.23
• P/FCF Ratio: 2.58
• 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): 1.91
• Revenue Forecast (FY): kr1.75B

• Rating: 53 Neutral
• Price Target: kr22.50 ▼(-19.64% Downside)
• Action: Reiterated Date: 03/02/26
• Date: Action: Reiterated 03/02/26

The score is driven primarily by moderate financial performance (stronger 2025 cash flow and improved leverage) but is held back by volatile/low profitability and a weak technical setup (price below key moving averages with negative momentum). Valuation is also a headwind due to a high P/E, partially offset by the dividend yield.

Positive Factors

Improved leverage

A materially lower debt-to-equity (~1.37 to ~0.81) strengthens financial flexibility and reduces interest burden, enabling Catella to fund mandates, absorb shocks, and pursue selective principal investments without immediate refinancing risk. This supports steadier operations and capital allocation over months.

Negative Factors

Volatile revenue & profitability

Choppy top-line performance and a sharp 2025 revenue decline reflect transaction sensitivity in real-estate advisory and AUM volatility. Persistent revenue swings undermine predictability of fee income and make budgeting, AUM growth planning, and long-term margin recovery harder to rely upon over the next several quarters.

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 Mana...

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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 Mana...

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, chargin...

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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, chargin...

Catella AB Class B Financial Statement Overview

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.07B	2.21B	2.02B	2.51B	1.73B
Gross Profit	1.19B	561.00M	303.00M	1.59B	996.00M
EBITDA	301.00M	322.00M	270.00M	985.00M	402.00M
Net Income	48.00M	30.00M	-21.00M	491.00M	174.00M
Balance Sheet
Total Assets	4.14B	5.55B	5.44B	6.32B	5.44B
Cash, Cash Equivalents and Short-Term Investments	1.69B	876.00M	718.00M	1.76B	1.45B
Total Debt	1.47B	2.73B	2.54B	2.88B	2.68B
Total Liabilities	2.22B	3.51B	3.41B	3.89B	3.62B
Stockholders Equity	1.89B	2.00B	1.99B	2.17B	1.69B
Cash Flow
Free Cash Flow	986.00M	90.00M	-156.00M	116.00M	-45.00M
Operating Cash Flow	1.01B	116.00M	-130.00M	140.00M	-31.00M
Investing Cash Flow	76.00M	27.00M	-315.00M	-11.00M	-1.52B
Financing Cash Flow	-340.00M	-64.00M	-554.00M	150.00M	1.11B

Catella AB Class B Technical Analysis

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

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 above the 20-day moving average (MA) of 21.30, above the 50-day MA of 23.78, and above the 200-day MA of 27.84, indicating a bearish trend. The MACD of -0.86 indicates Negative momentum. The RSI at 32.87 is Neutral, neither overbought nor oversold. The STOCH value of 28.19 is Neutral, 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	kr688.75M	18.21	―	―	34.18%	242.91%
VEFAB	60 Neutral	kr2.07B	2.89	―	―	―	―
IDUN.B	54 Neutral	kr3.43B	75.68	7.92%	0.31%	3.71%	26.89%
CAT.B	53 Neutral	kr1.77B	52.96	2.56%	3.30%	40.78%	―
NAXS	49 Neutral	kr363.27M	-16.11	―	8.78%	―	―
LINC	48 Neutral	kr3.98B	-10.10	-1.58%	―	45733.33%	-105.08%

Catella AB Class B Corporate Events