Catena AB (CATE) AI Stock Analysis

• Market Cap: kr32.26B
• Dividend Yield: 2.05%
• Average Volume (3M): 79.17K
• Price to Earnings (P/E): 18.3
• Beta (1Y): 0.52
• Revenue Growth: 27.96%
• EPS Growth: -0.20%
• Country: SE
• Employees: 72
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Diversified
• EPS (TTM): 6.70
• Shares Outstanding: 66,396,110
• 10 Day Avg. Volume: 71,522
• 30 Day Avg. Volume: 79,169
• PEG Ratio: 0.41
• Price to Book (P/B): 1.14
• Price to Sales (P/S): 10.21
• P/FCF Ratio: 0.00
• 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: kr503.33
• Price Target Upside: 3.61% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 30.14
• Revenue Forecast (FY): kr2.94B

• Rating: 73 Outperform
• Price Target: kr498.00 ▲(2.51% Upside)
• Action: Reiterated Date: 11/28/25
• Date: Action: Reiterated 11/28/25

Catena AB's strong financial performance, characterized by high profitability and efficient cash management, is the primary driver of its stock score. The technical analysis indicates a neutral trend, while the valuation is fair, offering a balanced view of growth and income potential. The absence of earnings call and corporate events data did not impact the score.

Positive Factors

Revenue Growth

Consistent revenue growth reflects Catena AB's ability to maintain demand for its logistics properties, supporting long-term business stability.

Profitability

Strong profitability margins suggest efficient operations and pricing power, enhancing Catena AB's competitive position in the logistics sector.

Cash Generation

Effective cash generation indicates robust cash management, providing Catena AB with the flexibility to invest in growth opportunities and manage debt.

Negative Factors

Debt Levels

Rising debt levels may strain financial resources, potentially impacting Catena AB's ability to invest in new projects and maintain financial stability.

Free Cash Flow Growth

Declining free cash flow growth suggests potential challenges in cash flow management, which could affect Catena AB's ability to fund future expansions.

Net Profit Margin

A declining net profit margin may indicate rising costs or pricing pressures, which could affect Catena AB's long-term profitability and shareholder returns.

Catena AB Business Overview & Revenue Model

Company Description

Catena AB (publ) owns, develops, manages, and sells logistics properties in Sweden. The company serves logistics companies. As of December 31, 2021, its property portfolio comprised 126 logistics properties located primarily in southern and central Sweden with a total lettable area of approximately 2,125.9 square meters. It operates in the regions of Gothenburg, Helsingborg, Jönköping, Malmö, and Stockholm. The company was founded in 1967 and is headquartered in Helsingborg, Sweden.

How the Company Makes Money

Catena AB generates revenue primarily through its logistics and transportation services. The company earns money by charging clients for the transportation of goods, warehousing solutions, and supply chain management services. Key revenue streams include contract logistics, freight forwarding, and value-added services such as inventory management and distribution. Additionally, strategic partnerships with major retailers and manufacturers enhance its market presence and drive revenue growth. The company's focus on technology integration and operational efficiency also contributes to cost savings and improved profitability, allowing it to offer competitive pricing and attract a broader client base.

Catena AB Financial Statement Overview

Summary

Catena AB shows strong financial performance with high profitability margins and consistent revenue growth. The balance sheet is stable with manageable leverage, and cash flow management is efficient. However, the return on equity is modest, and there are concerns about fluctuating net profit margins and a declining trend in operating cash flow coverage.

Income Statement

Catena AB demonstrates strong profitability with high gross and net profit margins, notably a TTM gross profit margin of 83.18% and net profit margin of 56.32%. The company has shown consistent revenue growth, with a TTM revenue growth rate of 5.40%. The EBIT and EBITDA margins are also robust, indicating efficient operations. However, the net profit margin has fluctuated significantly in past years, which could indicate some volatility in earnings.

Balance Sheet

The balance sheet reflects a stable financial position with a manageable debt-to-equity ratio of 0.74 in the TTM period, showing a slight improvement over previous years. The equity ratio is healthy, indicating a strong equity base relative to total assets. However, the return on equity is relatively modest at 6.02% in the TTM period, suggesting room for improvement in generating returns for shareholders.

Cash Flow

Catena AB's cash flow statement shows positive trends with an 8.60% growth in free cash flow in the TTM period. The operating cash flow to net income ratio is 0.57, indicating a solid conversion of income into cash. The free cash flow to net income ratio remains strong at 1.0, suggesting efficient cash management. However, the operating cash flow coverage ratio has decreased compared to previous years, which could be a point of concern if the trend continues.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.67B	2.19B	1.81B	1.54B	1.39B
Gross Profit	2.21B	1.79B	1.45B	1.22B	1.10B
EBITDA	2.63B	1.84B	1.71B	2.65B	3.51B
Net Income	1.64B	1.08B	986.00M	2.00B	2.69B
Balance Sheet
Total Assets	46.80B	44.59B	33.50B	31.21B	25.82B
Cash, Cash Equivalents and Short-Term Investments	444.00M	1.07B	430.00M	2.25B	1.07B
Total Debt	18.32B	17.22B	12.16B	11.05B	11.40B
Total Liabilities	22.83B	21.49B	16.11B	14.51B	14.57B
Stockholders Equity	23.97B	23.10B	17.39B	16.70B	11.26B
Cash Flow
Free Cash Flow	0.00	1.29B	1.06B	1.24B	809.00M
Operating Cash Flow	1.58B	1.29B	1.06B	1.24B	811.00M
Investing Cash Flow	-1.67B	-4.42B	-2.71B	-1.95B	-1.60B
Financing Cash Flow	-446.00M	3.69B	-92.00M	1.87B	1.37B

Catena AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 485.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CATE, the sentiment is Positive. The current price of 485.8 is above the 20-day moving average (MA) of 476.79, above the 50-day MA of 465.09, and above the 200-day MA of 452.13, indicating a bullish trend. The MACD of 8.12 indicates Negative momentum. The RSI at 55.36 is Neutral, neither overbought nor oversold. The STOCH value of 82.66 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:CATE.

Catena AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CATE	73 Outperform	kr32.26B	18.30	―	2.05%	27.96%	-0.20%
WIHL	67 Neutral	kr28.85B	13.25	9.74%	3.60%	5.18%	349.60%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
FABG	63 Neutral	kr25.80B	-73.91	0.76%	2.39%	-3.46%	―
BALD.B	62 Neutral	kr79.18B	9.67	10.31%	―	7.72%	―
CAST	60 Neutral	kr55.54B	63.05	4.49%	1.77%	-2.45%	―
ATRLJ.B	58 Neutral	kr21.92B	27.01	3.82%	2.20%	-1.77%	1579.70%