TipRanks
Go Ultimate55% OFF

Atrium Ljungberg AB Class B (ATRLJ.B) AI Stock Analysis

Top Page

SE:ATRLJ.B

Atrium Ljungberg AB Class B

(Nasdaq OMX AB:ATRLJ.B)

Select Model
Rating:61Neutral
Price Target:SEK 22.00â–²(3.53% Upside)
Action:reiterated
Date:10/14/26

The score is primarily supported by solid financial performance—strong TTM revenue growth, high profitability, and improving free cash flow. It is held back most by weak technicals (price below all key moving averages with negative MACD) and balance-sheet constraints (meaningful leverage and modest operating cash flow coverage of debt), while valuation is mixed with a high dividend yield but a relatively high P/E.

Positive Factors
Revenue Growth and ProfitabilityTTM revenue growth of 13.4% alongside gross margin near 58% and net margin near 15.9% indicates strong current operating economics. If sustained, this combination can support reinvestment in commercial properties and development while providing resilience through recurring rental income.
Negative Factors
Leverage and Debt CoverageDebt-to-equity around 1.04 and operating cash flow covering only about 0.18x total debt indicate limited internal deleveraging capacity. This can constrain investment flexibility and leave the company more reliant on refinancing or asset actions if property values or financing conditions worsen.

Atrium Ljungberg AB Class B (ATRLJ.B) vs. iShares MSCI Sweden ETF (EWD)

-40%-30%-20%-10%0%10%20%SE:ATRLJ.B-35.44%EWD+13.33%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
SEK 13.59B
Dividend Yield
5.18%
Average Volume (3M)
622.97K
Price to Earnings (P/E)
22.3
Beta (1Y)
0.57
Revenue Growth
8.14%
EPS Growth
-44.09%
Country
Sweden
Employees
340
Sector
Real Estate
Sector Strength
65
Industry
Real Estate - Development

Atrium Ljungberg AB Class B Business Overview & Revenue Model

Company Description

Founded in 1946 and headquartered in Nacka, Sweden, Atrium Ljungberg AB (publ) is a prominent real estate company dedicated to the ownership, development, and management of various properties throughout Sweden. The company's operations are divided in...

How the Company Makes Money

Atrium Ljungberg makes money mainly through property operations and real estate development. Its primary revenue stream is rental income from leasing commercial premises (such as offices and retail units) to tenants; this is supported by ongoing prop...

Atrium Ljungberg AB Class B Financial Statement Overview

Summary

Income and cash flow are solid: TTM revenue growth is strong (+13.4%), margins are high (gross ~58%, net ~15.9%), and free cash flow is robust (~1.50B, +16.3%) with good conversion vs. net income (~1.0x). Offsetting this, earnings have been volatile (loss in 2023 and unusually high profits in 2021–2022), and leverage is meaningful (debt-to-equity ~1.04) with modest debt coverage from operating cash flow (~0.18x).

Income Statement

71Positive

Balance Sheet

63Positive

Cash Flow

74Positive
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue3.67B3.56B3.52B3.23B3.13B3.08B
Gross Profit2.07B2.23B2.15B2.02B1.73B1.66B
EBITDA1.99B2.04B1.62B1.90B5.83B4.95B
Net Income601.00M823.00M850.00M-954.00M4.29B3.76B
Balance Sheet
Total Assets66.72B64.41B61.58B61.78B63.90B54.28B
Cash, Cash Equivalents and Short-Term Investments50.00M262.00M129.00M119.00M380.00M719.00M
Total Debt30.00B27.81B25.80B26.26B26.67B21.59B
Total Liabilities38.28B36.11B33.65B34.26B34.76B28.74B
Stockholders Equity28.45B28.30B27.93B27.52B29.14B25.54B
Cash Flow
Free Cash Flow1.50B1.17B1.25B1.08B1.55B1.23B
Operating Cash Flow1.53B1.19B1.28B1.09B1.57B1.25B
Investing Cash Flow-2.89B-2.60B-243.00M-494.00M-5.98B-1.42B
Financing Cash Flow1.09B1.54B-1.03B-853.00M4.08B614.00M

Atrium Ljungberg AB Class B Technical Analysis

Technical Analysis SentimentNegative
Last Price21.25

Price Trends

50DMA23.50Negative
100DMA24.98Negative
200DMA27.84Negative

Market Momentum

MACD-0.63Negative
RSI35.33Neutral
STOCH52.35Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:ATRLJ.B, the sentiment is Negative. The current price of 21.25 is below the 20-day moving average (MA) of 21.48, below the 50-day MA of 23.50, and below the 200-day MA of 27.84, indicating a bearish trend. The MACD of -0.63 indicates Negative momentum. The RSI at 35.33 is Neutral, neither overbought nor oversold. The STOCH value of 52.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:ATRLJ.B.

Atrium Ljungberg AB Class B Peers Comparison

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

SE:ATRLJ.B against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
SE:CASTSE:CAST67NeutralSEK 56.69B22.213.85%1.88%-2.65%-3.94%
SE:WALL.BSE:WALL.B67NeutralSEK 23.76B8.108.97%1.47%1.91%60.26%
Sector *65Neutral$2.17B12.193.79%4.94%3.15%1.96%
SE:HUFV.ASE:HUFV.A65NeutralSEK 19.42B18.394.19%2.65%-4.27%22.48%
SE:BALD.BSE:BALD.B64NeutralSEK 57.02B8.486.66%―3.84%-25.46%
SE:ATRLJ.BSE:ATRLJ.B61NeutralSEK 13.59B22.302.13%5.18%8.14%-44.09%
SE:TRIAN.BSE:TRIAN.B60NeutralSEK 2.84B9.455.63%1.62%0.80%20.17%

* Real Estate Sector Average

Performance Comparison

-20%0%20%SE:ATRLJ.BSE:CASTSE:BALD.BSE:HUFV.ASE:WALL.BSE:TRIAN.BDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
SE:ATRLJ.B and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
SE:ATRLJ.BAtrium Ljungberg AB Class B21.25-11.97-36.02%
SE:CASTCastellum AB131.7025.6824.22%
SE:BALD.BFastighets AB Balder47.92-15.75-24.73%
SE:HUFV.AHufvudstaden AB (0GW3)109.40-13.15-10.73%
SE:WALL.BWallenstam AB37.36-5.88-13.60%
SE:TRIAN.BFastighets AB Trianon Class B15.40-4.38-22.13%

Atrium Ljungberg AB Class B Corporate Events

Atrium Ljungberg boosts investment as earnings soften in high-rate market

Oct 9, 2026

Atrium Ljungberg reported modest growth in rental income for the third quarter of 2026, up 3.4% to SEK 761 million, although net operating income slipped 2.3% and income from property management fell 6.8%. The company increased investments sharply to...

Atrium Ljungberg to Present Q3 2026 Results in Online Webcast

Sep 24, 2026

Atrium Ljungberg, a major Swedish property company with a portfolio of around 90 properties totalling about 1 million square metres and valued at SEK 62 billion, concentrates on mixed-use urban environments that integrate offices, retail, housing and...

Moody’s Reaffirms Atrium Ljungberg’s Baa2 Rating with Stable Outlook

Jul 16, 2026

Moody’s has reaffirmed Atrium Ljungberg’s Baa2 credit rating with a stable outlook, underscoring the continued strength of its property and project portfolio and resilient tenant mix. The confirmation highlights the company’s solid...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 14, 2026