Wallenstam AB (WALL.B) AI Stock Analysis

• Market Cap: kr28.16B
• Dividend Yield: 1.25%
• Average Volume (3M): 531.48K
• Price to Earnings (P/E): 14.8
• Beta (1Y): 0.40
• Revenue Growth: -5.96%
• EPS Growth: N/A
• Country: SE
• Employees: 259
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.53
• Shares Outstanding: 591,000,000
• 10 Day Avg. Volume: 488,019
• 30 Day Avg. Volume: 531,483
• PEG Ratio: -0.15
• Price to Book (P/B): 1.02
• Price to Sales (P/S): 9.90
• P/FCF Ratio: 25.77
• 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: kr45.00
• Price Target Upside: 9.33% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: kr47.00 ▲(14.19% Upside)

Wallenstam AB's overall stock score reflects strong financial performance with high profitability margins, but is tempered by challenges in revenue growth and cash flow management. Technical indicators suggest a neutral market position, and the valuation appears reasonable with a moderate dividend yield.

Positive Factors

Profitability Margins

Strong profitability margins indicate efficient operations and the ability to maintain cost control, supporting long-term financial health.

Sustainability Focus

A focus on sustainability attracts eco-conscious tenants and partners, enhancing occupancy rates and long-term revenue potential.

Cash Conversion Efficiency

Efficient cash conversion from net income ensures the company can fund operations and growth without relying heavily on external financing.

Negative Factors

Revenue Growth Challenges

Slow revenue growth may limit the company's ability to expand and compete effectively, impacting long-term market position.

Cash Flow Constraints

Low operating cash flow relative to net income suggests potential liquidity issues, which could hinder operational flexibility and growth initiatives.

Leverage Concerns

Moderate leverage could limit financial flexibility and increase risk, especially if revenue growth remains constrained.

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 income from its extensive portfolio of residential and commercial properties. The company leases apartments to individuals and families, as well as office space to businesses, providing a steady and recurring revenue stream. Additionally, Wallenstam profits from property development projects, where it invests in new constructions or renovations that increase property value and rental potential. The firm also engages in strategic partnerships with local governments and other entities to enhance development opportunities and access funding for sustainable projects. Furthermore, Wallenstam's focus on sustainability may attract tenants willing to pay premium rents for eco-friendly living and working environments, bolstering its financial performance.

Wallenstam AB Financial Statement Overview

Summary

Wallenstam AB demonstrates strong profitability with high gross and net profit margins. However, challenges in revenue growth and cash flow management could impact future financial flexibility.

Income Statement

Wallenstam AB's income statement shows strong profitability with a high gross profit margin of 86.43% and a solid net profit margin of 29.55% for TTM. Revenue growth is modest at 2.05%, indicating steady but slow growth. The EBIT and EBITDA margins are healthy, reflecting efficient operations. However, the revenue growth rate could be improved to enhance overall performance.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 1.09, indicating moderate leverage. Return on equity is relatively low at 2.99%, suggesting limited profitability from shareholders' equity. The equity ratio of 42.37% indicates a balanced capital structure, but there is room for improvement in leveraging equity more effectively.

Cash Flow

Cash flow analysis reveals a slight decline in free cash flow growth at -6.87% for TTM, which is a concern. The operating cash flow to net income ratio is low at 0.045, indicating potential cash flow constraints. However, the free cash flow to net income ratio is strong at 0.99, suggesting efficient cash conversion from net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.96B	3.17B	2.73B	2.49B	2.32B	2.13B
Gross Profit	6.53B	2.42B	2.16B	1.93B	1.80B	1.63B
EBITDA	5.77B	2.12B	235.00M	1.79B	5.32B	2.93B
Net Income	5.11B	774.00M	-450.00M	1.10B	4.72B	1.91B
Balance Sheet
Total Assets	73.83B	68.92B	66.84B	67.05B	66.70B	60.58B
Cash, Cash Equivalents and Short-Term Investments	213.00M	59.00M	113.00M	190.00M	236.00M	530.00M
Total Debt	34.24B	31.02B	29.62B	28.79B	28.32B	27.78B
Total Liabilities	42.55B	38.08B	36.34B	35.62B	35.93B	35.02B
Stockholders Equity	31.28B	30.84B	30.50B	31.43B	30.77B	25.56B
Cash Flow
Free Cash Flow	3.13B	1.22B	1.33B	1.17B	943.00M	1.19B
Operating Cash Flow	3.19B	1.23B	1.34B	1.20B	960.00M	1.22B
Investing Cash Flow	-8.71B	-2.13B	-1.78B	-1.32B	-2.28B	-4.07B
Financing Cash Flow	5.98B	894.00M	309.00M	69.00M	1.03B	3.25B

Wallenstam AB Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 41.16
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• 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 Neutral. The current price of 41.16 is below the 20-day moving average (MA) of 41.32, below the 50-day MA of 42.47, and below the 200-day MA of 44.35, indicating a neutral trend. The MACD of -0.13 indicates Negative momentum. The RSI at 58.83 is Neutral, neither overbought nor oversold. The STOCH value of 92.39 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	kr29.07B	13.03	9.74%	3.60%	5.18%	349.60%
PLAZ.B	75 Outperform	kr9.11B	12.92	5.26%	2.91%	8.42%	―
NP3	73 Outperform	kr16.57B	15.24	12.28%	1.75%	14.33%	204.60%
WALL.B	66 Neutral	kr28.16B	14.81	6.07%	1.25%	-5.96%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
NYF	57 Neutral	kr15.48B	26.88	3.19%	1.93%	0.03%	―
FABG	54 Neutral	kr26.25B	91.78	0.76%	2.39%	-3.46%	―

Wallenstam AB Corporate Events

Wallenstam Advances Stockholm Housing Projects and Completes SEK 822m Nacka Grace Sale

During the fourth quarter of 2025, Wallenstam advanced its residential development pipeline in Stockholm by completing and leasing 64 apartments in the Ädellövet project in Farsta, bringing the total finished units in that project to 130 out of a planned 172 and maintaining a substantial 1,013 apartments under construction overall. At the same time, the company continued to crystallize value in its portfolio with the previously announced sale and handover of the award-winning Nacka Grace property to Folksam Group and KPA Pension for SEK 822 million on October 31, 2025, underscoring a strategy that balances ongoing new-build activity with selective divestments of high-profile assets.

The most recent analyst rating on ($SE:WALL.B) stock is a Hold with a SEK45.00 price target. To see the full list of analyst forecasts on Wallenstam AB stock, see the SE:WALL.B Stock Forecast page.

Wallenstam Introduces New Green Financing Framework

Wallenstam has launched a revised framework for green financing in collaboration with Handelsbanken, receiving a Medium Green rating from S&P Global Ratings. This framework outlines the types of projects and assets eligible for financing through green bonds and commercial paper, such as renewable energy projects and green properties. Despite historically low bond financing, Wallenstam is open to capital market opportunities under favorable conditions.

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 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.