Castellum AB

Castellum AB

12.03
EUR
+0.66
(+5.81%)
0.37EPS
30.74P/E
5.22BMarket Cap
Feb 12Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
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
19.72
Basic EPS, GAAP
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
4.15
Free Cash Flow per Basic Share
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
7.44
Dividend per Share
2.88
3.1
3.35
2.88
4.2
4.45
5.13
5.45
5.61
4.75
1.38
- -
1.86
1.89
Book Value per Share
58.34
60.66
70.08
92.61
103.74
122.23
134.61
146.26
204.6
202.04
156.67
160.78
159.14
167.61
Tangible Book Value per Share
58.34
60.66
70.08
87.35
98.64
117.13
129.41
141.18
190.93
189.33
147.51
152.01
150.65
159.58
Basic Weighted Avg Shares
225
225
225
279
325
325
325
326
337
394
451
493
492
484
Sales/Revenue/Turnover
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
9,542
Operating Margin (%)
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
65.15
Depreciation Expense
11
12
12
14
14
19
64
95
139
160
183
31
23
- -
Net Income, GAAP
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
2,008
Effective Tax Rate (%)
18.83
- -
19.61
13.11
19.64
10.42
16.48
20.11
0.35
21.77
- -
14.63
29.69
4.24
Profit Margin (%)
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
21.04
Working Capital
-792
-540
-777
3,848
-1,120
-634
-1,562
-1,170
-19,343
-13,235
-4,439
-7,816
-12,951
-12,735
LT Debt
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
31,938
Total Equity
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
75,939
Return on Invested Capital (%)
5.21
- -
4.97
3.99
3.92
4.44
4.13
3.83
3.44
2.91
- -
4.14
3.32
4.29
Return on Capital (%)
7.15
- -
9.87
10.93
9.44
10.79
7.6
6.9
10.09
1.86
- -
3.38
1.83
2.66
Return on Common Equity (%)
13.55
9.05
19.59
22.1
18.66
20.28
13.53
12.2
18.03
2.16
-14.85
3.02
1.19
2.59

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
10,675
21,075
24,869
LT Borrowings
46,344
38,472
30,914
LT Finance Leases
1,105
1,105
1,024
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
492
474
453
Market Capitalization
52,186
53,495
57,788

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,394
1,807
15,462
Cash, Cash Equivalents & STI
120
104
93
Accounts Receivable, Net
37
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
14,345
21,075
28,197
Payables & Accruals
- -
- -
- -
ST Debt
10,675
21,075
24,869
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

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
- -
- -
- -

Quarterly Revenue

SEK

•

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
2,420
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

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
1.37
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.71
- -
- -
- -
- -
2025
- -
0.62
- -
0.62
1.86
2026
0.62
- -
- -
- -
- -

Company Description

CEO
Pål Ahlsén
Full Time Employees
485
Sector
Finance
Industry
Real estate development
Address
Lilla Bommen 5 C Gothenburg VG Sweden 403 14
IPO Date
May 23, 1997
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.

Company News

  • Castellum AB (publ) (CWQXY) Q2 2026 Earnings Call Transcript