Want to see SE:WALL.B full AI Analyst Report?
Top Page
Wallenstam AB
(WALL.B)
Select Model
Select Model
Rating:59Neutral
Price Target:
kr37.00
▼(-10.02% Downside)
Action:Downgraded
Date:10/08/26
The score is driven primarily by solid financial performance (strong TTM rebound and positive free cash flow), supported by an attractive low P/E valuation. These positives are meaningfully offset by weak technicals—price below key moving averages with negative MACD—despite oversold RSI/Stoch readings.
Positive Factors
Recurring rental income model
Wallenstam’s ownership of residential and commercial properties creates recurring rental revenue under lease agreements. This operating model can support relatively durable cash generation and earnings visibility, while active management and long-term ownership help preserve occupancy, property quality, and rental income over multiple quarters.
Negative Factors
Rising leverage
Debt has grown relative to equity, increasing Wallenstam’s reliance on borrowed funding in a capital-intensive property business. Higher leverage can reduce financial flexibility, make future investment more dependent on financing access, and leave less room to absorb weaker property performance or refinancing pressure.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring rental income model
Wallenstam’s ownership of residential and commercial properties creates recurring rental revenue under lease agreements. This operating model can support relatively durable cash generation and earnings visibility, while active management and long-term ownership help preserve occupancy, property quality, and rental income over multiple quarters.
Read all positive factors
Wallenstam AB (WALL.B) vs. iShares MSCI Sweden ETF (EWD)
Market Cap
kr21.78B
Dividend Yield1.6%
Average Volume (3M)629.51K
Price to Earnings (P/E)8.3
Beta (1Y)0.53
Revenue Growth2.45%
EPS Growth194.60%
CountrySE
Employees249
SectorGeneral
Sector StrengthN/A
IndustryReal Estate - Development
Share Statistics
EPS (TTM)4.15
Shares Outstanding567,000,000
10 Day Avg. Volume777,214
30 Day Avg. Volume629,515
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.83
Price to Sales (P/S)8.18
P/FCF Ratio19.39
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)1.87
Revenue Forecast (FY)kr3.15B
Wallenstam AB Business Overview & Revenue Model
Company Description
Based in Gothenburg, Sweden, Wallenstam AB (publ) is a real estate company focused on the development, construction, management, and divestment of residential and commercial properties in the cities of Gothenburg and Stockholm, serving both indivi...
How the Company Makes Money
Wallenstam makes money primarily by owning and operating income-generating real estate and by developing properties that increase rental income and asset value. (1) Rental income: The core revenue stream is rent paid by tenants in its residential ...
Wallenstam AB Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
63
Positive
Cash Flow
68
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.35B | 3.27B | 3.17B | 2.73B | 2.49B | 2.32B |
| Gross Profit | 2.34B | 2.31B | 2.42B | 2.16B | 1.93B | 1.80B |
| EBITDA | 3.31B | 3.60B | 2.12B | 250.00M | 1.17B | 5.71B |
| Net Income | 2.66B | 2.56B | 774.00M | -450.00M | 1.10B | 4.72B |
Balance Sheet | ||||||
| Total Assets | 76.79B | 74.97B | 68.92B | 66.84B | 67.05B | 66.70B |
| Cash, Cash Equivalents and Short-Term Investments | 149.00M | 193.00M | 59.00M | 113.00M | 190.00M | 236.00M |
| Total Debt | 35.10B | 33.93B | 31.02B | 29.62B | 28.79B | 28.32B |
| Total Liabilities | 44.10B | 42.65B | 38.08B | 36.34B | 35.62B | 35.93B |
| Stockholders Equity | 32.69B | 32.31B | 30.84B | 30.50B | 31.43B | 30.77B |
Cash Flow | ||||||
| Free Cash Flow | 1.34B | 1.38B | 1.22B | 1.33B | 1.17B | 943.00M |
| Operating Cash Flow | 1.35B | 1.40B | 1.23B | 1.34B | 1.20B | 960.00M |
| Investing Cash Flow | -1.95B | -3.04B | -2.13B | -1.78B | -1.32B | -2.28B |
| Financing Cash Flow | 688.00M | 1.78B | 894.00M | 309.00M | 69.00M | 1.03B |
Wallenstam AB Technical Analysis
Negative
41.12
Price Trends
38.89
Negative
39.45
Negative
40.39
Negative
Market Momentum
-1.27
Positive
23.49
Positive
9.60
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:WALL.B, the sentiment is Negative. The current price of 41.12 is above the 20-day moving average (MA) of 36.26, above the 50-day MA of 38.89, and above the 200-day MA of 40.39, indicating a bearish trend. The MACD of -1.27 indicates Positive momentum. The RSI at 23.49 is Positive, neither overbought nor oversold. The STOCH value of 9.60 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SE:WALL.B.
Wallenstam AB Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | kr53.98B | 21.81 | 3.68% | 2.05% | -1.19% | 2.93% | |
65 Neutral | kr18.81B | 17.82 | 4.19% | 2.74% | -4.27% | 22.48% | |
63 Neutral | kr51.78B | 7.10 | 7.35% | ― | 4.06% | 14.75% | |
61 Neutral | kr13.20B | 23.04 | 2.03% | 5.29% | 6.33% | -18.63% | |
59 Neutral | kr21.78B | 8.31 | 8.25% | 1.57% | 2.45% | 194.60% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
45 Neutral | kr4.48B | -1.17 | -23.45% | 25.26% | -30.28% | ― |
* General Sector Average
SE:WALL.B
Wallenstam AB
34.48
-10.20
-22.83%
SE:CAST
Castellum AB
120.80
9.41
8.45%
SE:BALD.B
Fastighets AB Balder
44.15
-22.73
-33.99%
SE:HUFV.A
Hufvudstaden AB
106.00
-18.50
-14.86%
SE:ATRLJ.B
Atrium Ljungberg AB Class B
20.80
-12.98
-38.43%
SE:SBB.B
Samhallsbyggnadsbolaget I Norden AB Class B
2.41
-2.89
-54.55%
Wallenstam AB Corporate Events
Wallenstam Expands Housing Pipeline and Completes Wind Farm Divestment
Oct 1, 2026
Wallenstam AB reported continued progress in its residential development pipeline during the third quarter of 2026, completing and fully letting 199 apartments in the Årstaberg project in Stockholm. With another 210 Årstaberg units under...
Wallenstam Raises SEK 300 Million in Green Bonds for Sergelskrapan Energy Upgrade
Sep 23, 2026
Wallenstam has issued SEK 300 million in green bonds to finance extensive energy efficiency upgrades at Sergelskrapan, a landmark commercial property in central Stockholm. The project includes investments in a new façade, ventilation, control...
Wallenstam Elevates CIO to Group Management to Drive Digital Transformation
Sep 16, 2026
Wallenstam is strengthening its executive leadership by adding Chief Information Officer Daniel Svartling to its Group Management team from October 1, 2026, through 2027. Svartling, who has led the company’s IT function for nearly two decade...
Wallenstam Cuts Share Capital Through Cancellation of 24 Million B Shares
Aug 31, 2026
Wallenstam AB has completed a reduction of its share capital by SEK 6 million through the cancellation of 24 million class B shares, following a resolution at the April 28, 2026 Annual General Meeting. This move reallocates capital to unrestricted...
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.