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Castellum AB (publ) (CAST.ST)

SEK128.25 +0.30 (+0.23%)
SE STO Real Estate Real Estate - Development
Address Östra Hamngatan 16 403 14
Gothenburg, SE
CEO Pal Ahlsen
IPO 2000-01-03
ISIN SE0000379190

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Also trades on Other OTC · CWQXF (USD) Other OTC · CWQXY (USD) Stockholm Stock Exchange · CAST.ST (SEK)
Description

Castellum AB is a leading publicly traded real estate company in Sweden, managing a substantial property portfolio valued at SEK 98 billion. The firm is strategically active across 17 high-growth regions within Sweden, in addition to significant presences in Copenhagen and Helsinki. Its diverse properties provide workplaces for 250,000 individuals every day. Castellum develops adaptable office and logistics solutions, strategically located near city centers, encompassing a total lettable area of 4.3 million square meters. A key environmental objective is to achieve full climate neutrality by 2030. Unique among its peers, Castellum is the only Nordic real estate company featured in the Dow Jones Sustainability Index (DJSI). Its shares are listed on the Nasdaq Stockholm Large Cap.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
SEK128.25 +0.30 (+0.23%)
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Volume Profile
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Liquidity & share structure
Average Volume
2M
Beta
1.47
Float Shares
319.83M
Free Float %
67.4%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
128.25
Ratings Trend (MoM) 54% Bullish
Rating 2026-04 Change
Strong Buy 1 0
Buy 6 +2
Hold 2 0
Sell 2 0
Strong Sell 2 0
Quality scores
Altman Z-Score
0.70
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
2 / 5
Medium
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Real Estate - Development: +9.7%
    -1.4% Q1'26: -2.7% (vs Q1'25)
  • EPS growth Real Estate - Development: +20.5%
    -60.1% Q1'26: +64,778.0% (vs Q1'25)
  • FCF margin FCF growth · Real Estate - Development: +16.2%
    +8.7% Q1'26: +49.7% (vs Q1'25)
  • EBIT margin Real Estate - Development: +19.8%
    +36.7% Q1'26: +97.5% (vs Q1'25)
  • ROIC Real Estate - Development: +3.2%
    +1.8% Q1'26: +4.9% (vs Q1'25)
  • Share dilution Real Estate - Development: +0.0%
    -0.1% Q1'26: -0.8% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Real Estate - Development: 1.93×
    19.38× Q1'26: 6.70× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.47) × ERP
WACC = 47% × Ke + 53% × Kd (3.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 128.25
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
8 Rev. Ana.
6 EPS Ana.
Dec 2027
8 Rev. Ana.
6 EPS Ana.
Dec 2028
7 Rev. Ana.
2 EPS Ana.
Dec 2029
3 Rev. Ana.
1 EPS Ana.
Dec 2030
6 Rev. Ana.
1 EPS Ana.
Revenue
3.30B
est: 3.30B (-0.1%)
4.53B
est: 4.53B (+0.1%)
5.18B
est: 5.17B (+0.2%)
5.58B
est: 5.53B (+0.8%)
5.82B
est: 5.79B (+0.5%)
6.00B
est: 5.99B (+0.3%)
6.35B
est: 6.18B (+2.7%)
9.00B
est: 8.98B (+0.2%)
9.81B
est: 10.62B (-7.7%)
9.73B
est: 9.85B (-1.2%)
9.59B
est: 9.60B (-0.1%)
9.39B
9.05B – 9.86B
-2.2% YoY
9.51B
9.24B – 10.23B
+1.3% YoY
9.66B
9.61B – 9.70B
+1.5% YoY
10.65B
10.30B – 11.31B
+10.3% YoY
11.26B
10.89B – 11.96B
+5.7% YoY
EBITDA
3.99B
est: 1.20B (+233.0%)
6.60B
est: 1.64B (+302.3%)
7.97B
est: 1.87B (+325.5%)
9.04B
est: 2.01B (+350.9%)
7.73B
est: 2.10B (+268.2%)
8.13B
est: 2.17B (+274.6%)
12.48B
est: 2.24B (+457.0%)
1.30B
est: 3.25B (-60.0%)
-12.27B
est: 2.50B (-590.0%)
6.49B
est: 2.32B (+179.4%)
3.52B
est: 2.26B (+55.6%)
2.21B
2.13B – 2.32B
-2.2% YoY
2.24B
2.18B – 2.41B
+1.3% YoY
2.28B
2.27B – 2.29B
+1.5% YoY
2.51B
2.43B – 2.67B
+10.3% YoY
2.65B
2.57B – 2.82B
+5.7% YoY
EBIT
4.19B
est: 937.18M (+347.1%)
6.53B
est: 1.28B (+408.5%)
8.20B
est: 1.47B (+459.0%)
9.18B
est: 1.57B (+484.3%)
7.55B
est: 1.64B (+359.0%)
7.82B
est: 1.70B (+360.2%)
12.72B
est: 1.75B (+624.8%)
3.73B
est: 2.55B (+46.4%)
-12.45B
est: 1.67B (-846.0%)
6.37B
est: 1.55B (+310.9%)
3.52B
est: 1.51B (+133.4%)
1.48B
1.42B – 1.55B
-2.2% YoY
1.50B
1.45B – 1.61B
+1.3% YoY
1.52B
1.51B – 1.52B
+1.5% YoY
1.67B
1.62B – 1.78B
+10.3% YoY
1.77B
1.71B – 1.88B
+5.7% YoY
Net Income
2.88B
est: 3.16B (-8.8%)
4.97B
est: 3.62B (+37.3%)
5.88B
est: 3.55B (+65.7%)
7.45B
est: 4.24B (+75.8%)
5.65B
est: 4.36B (+29.6%)
5.62B
est: 4.76B (+18.1%)
11.83B
est: 4.69B (+152.0%)
1.75B
est: 4.89B (-64.2%)
-11.59B
est: -7.88B (-47.2%)
2.36B
est: 4.52B (-47.8%)
938.00M
est: 4.25B (-77.9%)
4.39B
3.77B – 4.76B
+3.5% YoY
4.38B
3.99B – 5.18B
-0.4% YoY
4.62B
3.68B – 6.17B
+5.5% YoY
4.92B
4.71B – 5.32B
+6.6% YoY
5.01B
4.80B – 5.42B
+1.9% YoY
SGA
113.00M
est: 102.70M (+10.0%)
143.00M
est: 140.78M (+1.6%)
162.00M
est: 160.77M (+0.8%)
158.00M
est: 172.11M (-8.2%)
163.00M
est: 180.18M (-9.5%)
149.00M
est: 186.22M (-20.0%)
174.00M
est: 192.27M (-9.5%)
270.00M
est: 279.11M (-3.3%)
403.00M
est: 277.51M (+45.2%)
313.00M
est: 257.47M (+21.6%)
est: 250.96M (-100.0%)
245.41M
236.40M – 257.61M
-2.2% YoY
248.62M
241.59M – 267.46M
+1.3% YoY
252.33M
251.24M – 253.41M
+1.5% YoY
278.21M
269.17M – 295.68M
+10.3% YoY
294.18M
284.62M – 312.65M
+5.7% YoY
EPS
12.80
est: 6.41 (+99.6%)
17.81
est: 7.35 (+142.3%)
18.07
est: 7.20 (+150.9%)
22.92
est: 8.61 (+166.3%)
17.37
est: 8.85 (+96.2%)
17.24
est: 9.66 (+78.5%)
35.12
est: 9.53 (+268.5%)
4.44
est: 9.92 (-55.3%)
-25.68
est: -15.98 (-60.7%)
4.79
est: 9.00 (-46.8%)
1.91
est: 8.26 (-76.9%)
8.73
7.65 – 9.67
+5.7% YoY
9.21
8.10 – 10.52
+5.5% YoY
10.00
7.47 – 12.53
+8.6% YoY
10.00
9.57 – 10.81
-0.1% YoY
10.18
9.75 – 11.01
+1.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-04-24 B- 2/5 1/5 2/5 4/5 2/5 1/5 4/5
2026-04-23 C+ 2/5 1/5 2/5 4/5 1/5 1/5 4/5
2026-04-22 C+ 2/5 1/5 2/5 4/5 1/5 1/5 4/5
2026-04-21 C+ 2/5 1/5 2/5 4/5 1/5 1/5 4/5
2026-04-20 C+ 2/5 1/5 2/5 4/5 1/5 1/5 4/5
2026-04-17 C+ 2/5 1/5 2/5 4/5 1/5 1/5 4/5
2026-04-16 C+ 2/5 1/5 2/5 4/5 1/5 1/5 4/5
2026-04-15 C+ 2/5 1/5 2/5 4/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
4.11B
OE per share TTM
8.37
Owner's Yield
6.96%
Maintenance CapEx ratio
0.89%
Maint CapEx / Avg PPE
17.8%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
6.59M
Shares Outstanding
474.38M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Sebastian Schlasberg Chief Operating Officer 6M male
Pal Ahlsen President & CEO 575.0K male
Filip Elland Chief Sustainability Officer male
Jens Andersson Chief Financial Officer male
Kristina Grahn Persson Human Resources Director female
Kristina Sawjani Chief Investment Officer female
Malin Loveborg Chief Legal Officer & Secretary of the Board female
Mats Eriksson Managing Director of Region Mälardalen male
Ola Orsmark Managing Director of Region Öresund male
Orjan Rystedt Managing Director of Region West
Per Gawelin Chief Executive Officer of Central Region male
Anna-Karin Nyman Communications Director female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits