Want to see SE:CAT.B full AI Analyst Report?
Top Page
Catella AB Class B
(CAT.B)
Select Model
Select Model
Rating:46Neutral
Price Target:
kr16.00
▼(-13.04% Downside)
Action:Reiterated
Date:08/21/26
The score is held down primarily by weak financial performance (TTM loss and negative operating/free cash flow) and bearish technicals (below key moving averages with negative MACD). Valuation is a relative positive (low P/E and ~4.86% yield) but is not enough to outweigh the recent fundamental and momentum deterioration.
Positive Factors
Diversified revenue model
Catella combines advisory and transaction fees with recurring asset-management income and property-related investment returns. This mix gives the company several ways to generate revenue across market conditions, while recurring mandates can provide a more durable base than transaction activity alone.
Negative Factors
Revenue contraction
The latest revenue contraction signals weaker business activity across Catella’s operating platform and reduces the scale available to cover operating expenses. Continued top-line volatility may hinder planning, limit operating leverage, and make a durable recovery dependent on renewed market and client activity.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified revenue model
Catella combines advisory and transaction fees with recurring asset-management income and property-related investment returns. This mix gives the company several ways to generate revenue across market conditions, while recurring mandates can provide a more durable base than transaction activity alone.
Read all positive factors
Catella AB Class B (CAT.B) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr1.40B
Dividend Yield5.65%
Average Volume (3M)92.60K
Price to Earnings (P/E)―
Beta (1Y)0.61
Revenue Growth-33.39%
EPS Growth-187.36%
CountrySE
Employees313
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)-1.72
Shares Outstanding86,009,766
10 Day Avg. Volume53,134
30 Day Avg. Volume92,602
Financial Highlights & Ratios
PEG Ratio0.90
Price to Book (P/B)1.34
Price to Sales (P/S)1.22
P/FCF Ratio2.56
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.09
Revenue Forecast (FY)kr1.48B
Catella AB Class B Business Overview & Revenue Model
Company Description
Catella AB (publ) is a real estate investment firm. The firm together with its subsidiaries, provides property advisory and investments, and fund management services in Europe. The company operates in two segments, Corporate Finance and Asset Mana...
How the Company Makes Money
Catella makes money primarily by earning fees and investment income across its main business areas:
1) Advisory and transaction-related fees (Property/Corporate Finance): Catella advises clients (e.g., property owners, investors, and developers) ...
Catella AB Class B Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
57
Neutral
Cash Flow
38
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.67B | 2.07B | 2.21B | 2.02B | 2.51B | 1.73B |
| Gross Profit | 774.00M | 1.19B | 561.00M | 303.00M | 1.59B | 996.00M |
| EBITDA | 73.00M | 301.00M | 322.00M | 270.00M | 985.00M | 402.00M |
| Net Income | -151.00M | 48.00M | 30.00M | -21.00M | 491.00M | 174.00M |
Balance Sheet | ||||||
| Total Assets | 3.65B | 4.14B | 5.55B | 5.44B | 6.32B | 5.44B |
| Cash, Cash Equivalents and Short-Term Investments | 1.25B | 1.69B | 876.00M | 718.00M | 1.76B | 1.45B |
| Total Debt | 1.32B | 1.47B | 2.73B | 2.54B | 2.88B | 2.68B |
| Total Liabilities | 1.93B | 2.22B | 3.51B | 3.41B | 3.89B | 3.62B |
| Stockholders Equity | 1.70B | 1.89B | 2.00B | 1.99B | 2.17B | 1.69B |
Cash Flow | ||||||
| Free Cash Flow | -26.00M | 986.00M | 90.00M | -156.00M | 116.00M | -45.00M |
| Operating Cash Flow | -8.00M | 1.01B | 116.00M | -130.00M | 140.00M | -31.00M |
| Investing Cash Flow | 941.00M | 76.00M | 27.00M | -315.00M | -11.00M | -1.52B |
| Financing Cash Flow | -461.00M | -340.00M | -64.00M | -554.00M | 150.00M | 1.11B |
Catella AB Class B Technical Analysis
Negative
18.40
Price Trends
17.38
Negative
18.70
Negative
20.24
Negative
Market Momentum
-0.54
Negative
38.36
Neutral
75.60
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:CAT.B, the sentiment is Negative. The current price of 18.4 is above the 20-day moving average (MA) of 16.08, above the 50-day MA of 17.38, and below the 200-day MA of 20.24, indicating a bearish trend. The MACD of -0.54 indicates Negative momentum. The RSI at 38.36 is Neutral, neither overbought nor oversold. The STOCH value of 75.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:CAT.B.
Catella AB Class B Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | kr6.70B | 5.32 | ― | 5.02% | -8.09% | 220.60% | |
72 Outperform | kr11.40B | 5.82 | 16.53% | 1.90% | 6.97% | 50.85% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
61 Neutral | kr22.94B | 4.56 | 24.04% | 0.89% | -3.49% | ― | |
58 Neutral | kr6.56B | 15.63 | 7.28% | 2.18% | 78.30% | 62.60% | |
57 Neutral | kr13.32B | -56.69 | -1.68% | 3.43% | -23.16% | -128.59% | |
46 Neutral | kr1.40B | -9.27 | -8.17% | 5.65% | -33.39% | -187.36% |
* Financial Sector Average
SE:CAT.B
Catella AB Class B
15.94
-13.47
-45.80%
SE:RATO.B
Ratos AB
40.82
3.98
10.79%
SE:CRED.A
Creades AB
84.00
9.06
12.09%
SE:BURE
Bure Equity AB
309.20
28.09
9.99%
SE:SVOL.B
Svolder AB Class B
62.05
7.65
14.07%
SE:ORES
Investment AB Oresund
147.40
36.39
32.78%
Catella AB Class B Corporate Events
Catella AB Sets 2027 AGM Nomination Committee and Timeline
Oct 9, 2026
Catella AB has appointed its nomination committee ahead of the 2027 annual general meeting, in line with the company’s current governance instructions. The committee consists of representatives from major shareholders Claesson Anderzén...
Catella adjusts voting rights after September share class conversion
Sep 30, 2026
Catella AB has completed a minor share class conversion, with 634 Class A shares converted into the same number of Class B shares during September 2026, in line with the company’s articles of association that allow such changes twice a year....
Catella Names Lee Baz-Sanchez Chief People Officer to Drive Pan-European People Strategy
Sep 15, 2026
Catella has appointed Lee Baz-Sanchez as Chief People Officer, adding him to the Executive Management to drive the Group’s people and leadership agenda across its European platform. He will assume the role on 2 November 2026, be based in Lon...
Catella to Redeem MTN Bond Early and Delist Issue from Nasdaq Stockholm
Aug 20, 2026
Catella AB, a Stockholm-based specialist in property investments and fund management, operates in 12 countries and manages over EUR 14 billion in assets. Listed on Nasdaq Stockholm’s Mid Cap segment, the company targets professional investor...
Catella boosts underlying earnings quality amid volatile market
Aug 20, 2026
Catella reported that second-quarter net sales fell sharply to SEK 400 million, but underlying gross profit improved and assets under management rose slightly to SEK 161 billion. The group highlighted a deliberate shift toward more stable, fixed-f...
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.