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Castellum AB (publ)

Castellum AB (publ)

CAST.ST
Castellum AB (publ)SE flagStockholm Stock Exchange
133.10
SEK
+0.05
- -
61.13BMarket Cap
Castellum AB (publ)
CAST.ST
(Stockholm Stock Exchange)

Recent

price

133.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
12.26
12.97
13.66
14.44
14.75
14.66
16.24
15.93
17.15
17.9
18.43
18.86
22.67
21.72
19.87
19.49
19.62
Revenue per Share
8.73
3.16
6.55
7.59
5.38
12.8
17.81
18.07
22.92
17.37
17.24
35.12
4.44
-25.68
4.79
1.91
5.38
Basic EPS, GAAP
-0.55
-3.56
5.56
6.11
6.18
6.7
8.09
6.9
7.64
10.87
9.04
7.73
10.67
10.46
8.38
7.94
8.27
Free Cash Flow per Basic Share
2.55
2.62
2.7
2.88
3.1
3.35
2.88
4.2
4.45
5.13
5.45
5.61
4.75
1.38
- -
1.86
0.62
Dividend per Share
31.05
31.59
35.43
40.14
42.43
51.88
60.16
65.52
83.98
96.36
107.78
129.92
101.44
62.24
61.22
60.05
58.5
Book Value per Share
49.25
49.79
53.62
58.34
60.66
70.08
98.76
98.63
117.12
129.41
142.97
231.88
187.92
160.98
151.99
150.61
149.36
Tangible Book Value per Share
225
225
225
225
225
225
279
325
325
325
326
337
394
451
493
492
492
Basic Weighted Avg Shares
2,759
2,919
3,073
3,249
3,318
3,299
4,533
5,182
5,577
5,821
6,004
6,353
8,928
9,806
9,784
9,593
9,660
Sales/Revenue/Turnover
65.2
62.8
63.07
63.03
63.71
64.02
63.82
65.9
67.9
67.48
69.39
65.24
61.51
62.1
66.16
64.52
64.94
Operating Margin (%)
6
6
9
11
12
12
14
14
19
64
95
139
160
183
31
23
- -
Depreciation Expense
1,964
711
1,473
1,707
1,211
2,881
4,972
5,876
7,453
5,650
5,615
11,828
1,750
-11,592
2,357
938
2,651
Net Income, GAAP
26
24.2
- -
18.83
- -
19.61
13.11
19.64
10.42
16.48
20.11
0.35
21.77
- -
14.63
29.69
7.6
Effective Tax Rate (%)
71.19
24.36
47.93
52.54
36.5
87.33
109.68
113.39
133.64
97.06
93.52
186.18
19.6
-118.21
24.09
9.78
27.44
Profit Margin (%)
-844
-802
-781
-792
-540
-777
3,848
-1,120
-634
-1,562
-1,170
-19,343
-13,235
-4,439
-7,816
-12,951
-12,947
Working Capital
15,781
17,160
19,094
19,481
18,446
20,396
38,467
38,226
40,665
41,672
46,608
53,738
66,207
58,550
51,664
47,449
44,429
LT Debt
11,082
11,203
12,065
13,127
13,649
15,768
29,234
33,736
39,749
43,777
48,243
83,637
78,983
77,177
79,174
78,311
77,815
Total Equity
5.13
5.03
- -
5.21
- -
4.97
4.84
3.92
4.44
3.95
3.68
3.28
2.74
- -
3.95
3.15
4.22
Return on Invested Capital (%)
10.95
5.15
- -
8.2
- -
11.22
13
11.48
12.89
8.94
8.04
12.75
2.48
- -
5.21
2.83
5.21
Return on Capital (%)
31.22
10.09
19.54
20.08
13.04
27.15
34.93
30.84
30.66
19.27
16.9
30
4.18
-34.07
8.09
3.14
9.38
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
8,433
14,167
14,879
LT Borrowings
50,300
40,713
43,002
LT Finance Leases
1,364
1,441
1,427
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
492
492
492
Market Capitalization
59,373
54,566
61,083

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
4,056
1,917
1,932
Cash, Cash Equivalents & STI
2,400
207
174
Accounts Receivable, Net
123
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
11,872
14,167
14,879
Payables & Accruals
- -
- -
- -
ST Debt
8,433
14,167
14,879
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
20.6%
13.4%
-1.09%
Free Cash Flow
12.99%
8.87%
-5.26%
Net Income, GAAP
-82.47%
-183.5%
-60.2%
Sales/Revenue/Turnover
12.09%
10.8%
-1.95%
Total Cash Common Dividend
- -
- -
46.79%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,449
2,464
2,428
2,443
9,784
2025
2,386
2,403
2,398
- -
9,593
2026
2,321
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.37
0.16
0.96
4.04
4.79
2025
- -
0.38
-0.23
- -
1.91
2026
2.66
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.71
- -
- -
- -
- -
2025
- -
0.62
0.62
- -
1.86
2026
0.62
- -
- -
- -
- -
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Business
Castellum AB (publ) (CAST.ST) is a leading Swedish real estate company focused on owning, managing, and developing income-generating properties. The company offers property management services, including leasing, maintenance, and tenant relations; development of commercial and residential projects; and investment in sustainable real estate solutions, with a portfolio emphasizing office, logistics, and light industrial properties across key categories such as flexible workspaces and eco-friendly buildings. Castellum operates primarily in Sweden, with properties in major cities including Gothenburg, Stockholm, and Malmö, targeting corporate tenants, logistics firms, and public sector clients. Founded in 1994 and headquartered in Gothenburg, Sweden, Castellum maintains a strong presence in the Nordic real estate market through strategic acquisitions and organic growth. The company segments its business into urban development, logistics properties, and community-focused real estate, serving diverse customers from small businesses to large enterprises. Recent major developments include the 2023 acquisition of K-Fast Holding's property portfolio, expanding Castellum's holdings by approximately 3,000 apartments and commercial spaces primarily in southern Sweden; a strategic partnership with Catena AB forming a joint venture for logistics development announced in early 2024; and the launch of new sustainability initiatives, such as achieving green certifications for over 70% of its portfolio by mid-2025. In late 2024, Castellum completed a SEK 2 billion rights issue to fund further expansions and debt reduction. These moves reflect Castellum's shift toward resilient, sustainable assets amid market volatility, with no significant name changes or reorganizations reported in the last two years.