Wallenstam AB (WALL.B) AI Stock Analysis

• Market Cap: kr30.03B
• Dividend Yield: 1.1%
• Average Volume (3M): 531.48K
• Price to Earnings (P/E): 15.8
• Beta (1Y): 0.61
• Revenue Growth: -5.96%
• EPS Growth: N/A
• Country: SE
• Employees: 259
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.51
• Shares Outstanding: 591,000,000
• 10 Day Avg. Volume: 488,019
• 30 Day Avg. Volume: 531,483
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 64 Neutral
• Price Target: kr47.00 ▲(3.30% Upside)

Wallenstam AB's overall stock score is driven primarily by its strong financial performance, with notable revenue growth and profitability improvements. However, technical analysis indicates a bearish trend, and the valuation suggests the stock may be overvalued, which tempers the overall score.

Wallenstam AB Business Overview & Revenue Model

Company Description

Wallenstam AB (publ) develops, builds, manages, and sells residential and commercial properties for people and companies in Gothenburg and Stockholm, Sweden. The company's property portfolio comprises approximately 230 properties, including 11,400 apartments and 1,000 commercial tenants. It also owns and operates 66 wind turbines with a total installed output of 143 megawatts. The company was founded in 1944 and is headquartered in Gothenburg, Sweden.

How the Company Makes Money

Wallenstam AB generates revenue primarily through the rental and leasing of residential and commercial properties. The company owns and manages a diverse portfolio of real estate, which includes apartments, office spaces, and retail properties. Key revenue streams come from long-term leases with tenants, ensuring a steady income. Additionally, Wallenstam engages in property development projects, generating income through the sale of newly constructed buildings or by increasing the value of its properties through renovations and upgrades. Partnerships with municipalities and other stakeholders further enhance its development capabilities, while a focus on sustainable practices attracts environmentally conscious tenants, contributing positively to occupancy rates and rental income.

Wallenstam AB Financial Statement Overview

Summary

Wallenstam AB demonstrates strong revenue growth and profitability improvements, particularly in the TTM period. The balance sheet reflects moderate leverage, typical for the industry, but with a need for better returns on equity. Cash flow generation is solid, though there are concerns about the conversion of income to cash. Overall, the company is on a positive trajectory with some areas needing attention for sustained growth.

Income Statement

Wallenstam AB shows a strong gross profit margin of 86.43% in TTM, indicating efficient cost management. The net profit margin improved to 29.55% from previous periods, showcasing enhanced profitability. Revenue growth is robust at 87.2% TTM, reflecting significant business expansion. However, the EBIT and EBITDA margins have decreased compared to previous years, suggesting potential challenges in operational efficiency.

Balance Sheet

The company's debt-to-equity ratio is 1.09 in TTM, indicating moderate leverage, which is typical for the real estate industry. Return on equity is relatively low at 2.99%, suggesting limited returns on shareholder investments. The equity ratio stands at 43.12%, reflecting a balanced capital structure but with room for improvement in asset financing.

Cash Flow

Wallenstam AB's free cash flow growth is positive at 8.14% TTM, indicating healthy cash generation. The operating cash flow to net income ratio is low at 0.045, suggesting potential issues in converting income to cash. The free cash flow to net income ratio is strong at 0.99, showing effective cash management relative to earnings.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.12B	3.17B	2.73B	2.49B	2.32B	2.13B
Gross Profit	2.70B	2.42B	2.16B	1.93B	1.80B	1.63B
EBITDA	1.76B	2.12B	199.00M	1.79B	5.32B	2.93B
Net Income	923.00M	774.00M	-450.00M	1.10B	4.72B	1.91B
Balance Sheet
Total Assets	71.50B	68.92B	66.84B	67.05B	66.70B	60.58B
Cash, Cash Equivalents and Short-Term Investments	58.00M	59.00M	113.00M	190.00M	236.00M	530.00M
Total Debt	33.59B	31.02B	29.62B	28.79B	28.32B	27.78B
Total Liabilities	40.69B	38.08B	36.34B	35.62B	35.93B	35.02B
Stockholders Equity	30.82B	30.84B	30.50B	31.43B	30.77B	25.56B
Cash Flow
Free Cash Flow	1.37B	1.22B	1.33B	1.17B	943.00M	1.19B
Operating Cash Flow	1.38B	1.23B	1.34B	1.20B	960.00M	1.22B
Investing Cash Flow	-3.61B	-2.13B	-1.78B	-1.32B	-2.28B	-4.07B
Financing Cash Flow	2.07B	894.00M	309.00M	69.00M	1.03B	3.25B

Wallenstam AB Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 45.50
• 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:WALL.B, the sentiment is Positive. The current price of 45.5 is above the 20-day moving average (MA) of 44.17, above the 50-day MA of 44.13, and above the 200-day MA of 45.46, indicating a bullish trend. The MACD of 0.52 indicates Negative momentum. The RSI at 58.51 is Neutral, neither overbought nor oversold. The STOCH value of 85.69 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:WALL.B.

Wallenstam AB Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WIHL	78 Outperform	kr29.16B	13.08	9.74%	3.35%	5.18%	349.60%
NP3	72 Outperform	kr16.87B	15.52	12.28%	1.31%	14.33%	204.60%
PLAZ.B	69 Neutral	kr9.33B	13.24	5.26%	2.70%	8.42%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
WALL.B	64 Neutral	kr30.03B	15.80	6.07%	1.10%	-5.96%	―
FABG	58 Neutral	kr27.56B	96.35	0.76%	2.22%	-3.46%	―
NYF	53 Neutral	€17.96B	116.40	3.19%	1.62%	0.03%	―

Wallenstam AB Corporate Events

Wallenstam AB Reports Strong Growth and Strategic Developments in 2025

Wallenstam AB reported a strong performance for the first nine months of 2025, with a significant increase in income from property management and net asset value per share. The company is actively pursuing new construction projects, such as the residential development in Älta, Nacka, despite challenging market conditions. Wallenstam’s strategic goal is to reach a net asset value of SEK 80 per share by 2030, supported by a stable equity/assets ratio and a focus on growth regions.

The most recent analyst rating on ($SE:WALL.B) stock is a Hold with a SEK47.00 price target. To see the full list of analyst forecasts on Wallenstam AB stock, see the SE:WALL.B Stock Forecast page.

Wallenstam Appoints Susann Linde as Vice CEO

Wallenstam AB has appointed Susann Linde as Vice CEO, adding to her roles as CFO and Head of Investor Relations. With nearly 25 years at the company, Linde’s extensive experience and deep understanding of the capital market make her a strong fit for the position, enhancing Wallenstam’s leadership team and potentially strengthening its market relations.

The most recent analyst rating on ($SE:WALL.B) stock is a Hold with a SEK47.00 price target. To see the full list of analyst forecasts on Wallenstam AB stock, see the SE:WALL.B Stock Forecast page.

Wallenstam Expands Residential Portfolio with New Developments

In the third quarter of 2025, Wallenstam completed 139 apartments in Gothenburg’s Kallebäcks Terrasser, reaching full occupancy, and began constructing 178 apartments in Nacka’s Älta Torg, totaling 1,077 apartments under construction. Additionally, Wallenstam acquired land in Forsåker, Mölndal, planning to build approximately 240 rental apartments, enhancing its development portfolio and reinforcing its market presence.

The most recent analyst rating on ($SE:WALL.B) stock is a Hold with a SEK47.00 price target. To see the full list of analyst forecasts on Wallenstam AB stock, see the SE:WALL.B Stock Forecast page.

Wallenstam Revises 2030 Business Plan Amid Economic Challenges

Wallenstam AB has revised its business plan for 2030, adjusting its net asset value goal from SEK 100/share to SEK 80/share due to challenging external conditions such as rising inflation and interest rates. The company has reduced the construction of new apartments but maintains high occupancy rates for existing properties, and it plans to strengthen its financial framework by increasing the equity/assets ratio to at least 40 percent.

The most recent analyst rating on ($SE:WALL.B) stock is a Hold with a SEK47.00 price target. To see the full list of analyst forecasts on Wallenstam AB stock, see the SE:WALL.B Stock Forecast page.