Castellum (CAST) Stock Overview
A Swedish property company that owns, manages, and develops commercial properties in growth cities. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
CAST Community Fair Values
Create NarrativeSee what 19 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Castellum AB (publ) Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | SEK 130.40 |
| 52 Week High | SEK 134.20 |
| 52 Week Low | SEK 100.25 |
| Beta | 1.47 |
| 1 Month Change | 3.53% |
| 3 Month Change | 9.58% |
| 1 Year Change | 13.05% |
| 3 Year Change | 8.35% |
| 5 Year Change | -45.91% |
| Change since IPO | 831.43% |
Recent News & Updates
Narrative Update • Jul 20
CAST: Asset Sales And Buybacks Will Balance Earnings Pressure And Execution Risk
The analyst fair value estimate for Castellum has moved from SEK 128 to SEK 134, reflecting updated targets from SEK 130 to SEK 146 as analysts point to better execution on asset sales, buybacks and deleveraging, while also flagging valuation after recent share price strength. Analyst Commentary Recent Street research on Castellum shows a mix of optimism on execution and caution on valuation as the stock has outperformed, with several analysts adjusting ratings and targets while keeping price objectives in a relatively tight SEK 130 to SEK 146 range.
Narrative Update • Jul 06
CAST: Property Sales And Debt Reduction Will Support Future Margin Upside
The analyst price target for Castellum has been reset from SEK 141.89 to SEK 150.00. This change reflects an updated assessment that weighs recent downgrades citing valuation concerns alongside more positive views from other analysts.Narrative Update • Jun 22
CAST: Mixed Rating Shifts And Capital Actions Will Shape Execution Risk
Castellum's analyst price target has been reduced from SEK 146 to SEK 128. Analysts cite valuation following recent stock outperformance and have adjusted assumptions around the discount rate and long-term profitability.Recent updates
Narrative Update • Jul 20
CAST: Asset Sales And Buybacks Will Balance Earnings Pressure And Execution Risk
The analyst fair value estimate for Castellum has moved from SEK 128 to SEK 134, reflecting updated targets from SEK 130 to SEK 146 as analysts point to better execution on asset sales, buybacks and deleveraging, while also flagging valuation after recent share price strength. Analyst Commentary Recent Street research on Castellum shows a mix of optimism on execution and caution on valuation as the stock has outperformed, with several analysts adjusting ratings and targets while keeping price objectives in a relatively tight SEK 130 to SEK 146 range.Narrative Update • Jul 06
CAST: Property Sales And Debt Reduction Will Support Future Margin Upside
The analyst price target for Castellum has been reset from SEK 141.89 to SEK 150.00. This change reflects an updated assessment that weighs recent downgrades citing valuation concerns alongside more positive views from other analysts.Narrative Update • Jun 22
CAST: Mixed Rating Shifts And Capital Actions Will Shape Execution Risk
Castellum's analyst price target has been reduced from SEK 146 to SEK 128. Analysts cite valuation following recent stock outperformance and have adjusted assumptions around the discount rate and long-term profitability.Analysis Article • Jun 20
Castellum (OM:CAST) Stock Could Be 4.9% Undervalued After Ericsson Leases And Bond Redemption
Castellum (OM:CAST) has moved on several fronts by confirming new long-term Ericsson leases in Hagastaden, planning to redeem €864m of low-coupon bonds, and appointing Christoffer Strömbäck as permanent CFO. See our latest analysis for Castellum. These Ericsson leases and the planned bond redemption come after a share buy back in June and sit alongside a mixed price picture, with Castellum’s 90 day share price return up 15.7% and its 5 year total shareholder return down 28.0%. If you are...Narrative Update • Jun 07
CAST: Mixed Rating Shifts And New Assumptions Will Shape Execution Risk
Analysts have lifted the Castellum fair value estimate slightly to SEK 128.00, reflecting updated assumptions around discount rates, long term revenue trends, profit margins and future P/E, while also acknowledging the recent mix of downgrades and upgrades in Street research driven mainly by valuation. Analyst Commentary Recent Street research around Castellum has been mixed, with changes in ratings largely tied to valuation rather than to new company specific developments.Narrative Update • May 24
CAST: Mixed Research And New Assumptions Will Test Execution And Margins
Analysts have raised their Castellum price target from SEK 123.36 to SEK 127.75, citing updated assumptions for discount rates, profit margins and future P/E that reflect a fresh look at recent mixed research views on the stock. Analyst Commentary Recent Street research on Castellum offers a mixed picture, with some analysts highlighting support for the current valuation and others focusing on execution and risk factors that could weigh on the stock.Analysis Article • May 02
Castellum's (STO:CAST) Soft Earnings Don't Show The Whole Picture
The market for Castellum AB (publ)'s ( STO:CAST ) shares didn't move much after it posted weak earnings recently. We...
Narrative Update • May 01
CAST: Softer Margins And Dividend Halt Will Pressure Future Earnings Resilience
Analysts keep the fair value estimate for Castellum steady at SEK 105.00. However, the updated price target reflects slightly softer growth and margin assumptions along with a lower future P/E multiple, in line with the mixed recent research where one firm turned more cautious while another upgraded the shares.Analysis Article • Apr 28
Castellum AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models
It's shaping up to be a tough period for Castellum AB (publ) ( STO:CAST ), which a week ago released some disappointing...Narrative Update • Apr 16
CAST: Upgrades And Dividend Halt Will Pressure Future Earnings Resilience
Analysts have maintained their SEK 105.00 price target for Castellum, citing recent upgrades from multiple banks and modest adjustments to assumptions for discount rate, revenue growth and profit margins, as well as a slightly higher future P/E estimate, in support of this level. Analyst Commentary Recent research points to a more balanced view on Castellum, with some banks upgrading their stance while others keep a close eye on execution and valuation risks.Narrative Update • Apr 01
CAST: Upgrades Signal Future Upside As Infinity Lease Execution Becomes Crucial
Analysts have increased their Castellum price target by SEK 3 to SEK 123, citing recent upgrades and updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the refreshed fair value work, including the move to a SEK 123 target, reflects greater confidence in Castellum's ability to align revenue growth and profit margins with the current valuation framework.Narrative Update • Mar 18
CAST: Upgrades And Dividend Halt Will Shape Future Risk Reward Balance
Analysts have trimmed their Castellum price target slightly to SEK105, reflecting modestly adjusted assumptions around the discount rate, revenue growth and future P/E, while pointing to recent UBS and Goldman Sachs upgrades as support for the updated view. Analyst Commentary Recent research commentary around Castellum has been mixed.Narrative Update • Mar 04
CAST: Mixed Rating Upgrades And Dividend Halt Will Shape Future Share Appeal
Narrative Update on Castellum The analyst fair value estimate for Castellum has shifted from SEK 90 to SEK 105, with analysts pointing to updated assumptions on discount rate, revenue growth, profit margin, and a higher future P/E multiple as key drivers of the new price target range. Analyst Commentary Recent research coverage has brought a mix of views on Castellum, including upgrades from firms such as Goldman Sachs, but there is still a clear pocket of caution among more conservative voices.Narrative Update • Feb 18
CAST: Fair Outlook Will Depend On Infinity Lease Outcomes And Cost Discipline
Analysts have slightly reduced their SEK 120.64 price target on Castellum to SEK 120.36, reflecting updated views on revenue growth, margins and future P/E, while also noting recent upgrades from UBS and Goldman Sachs as support for the overall investment case. Analyst Commentary Bullish Takeaways Bullish analysts point to the recent upgrades, including from Goldman Sachs and UBS, as a sign that the SEK 120.36 target remains supported by their assumptions on earnings and P/E.Narrative Update • Feb 04
CAST: Fair Outlook Will Hinge On Lease Commitments And Cost Cuts
Analysts have lifted their fair value estimate for Castellum from €116.78 to €120.64, citing recent research that emphasizes updated assumptions around revenue growth, profit margins, and a slightly higher future P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts point to the updated assumptions on revenue growth and profit margins as support for a higher fair value, indicating more confidence in Castellum's ability to execute on its business plan.Narrative Update • Jan 20
CAST: Reorganisation And Management Departures Will Pressure Future Share Appeal
Analysts have trimmed their fair value estimate for Castellum from €100.00 to €90.00, citing a reassessment of revenue growth assumptions, a higher discount rate, and a lower projected future P/E multiple despite higher forecast profit margins. What's in the News Executive management is being reduced from 13 to 10 positions, as Castellum aims for a leaner organisational structure and lower central costs.Narrative Update • Jan 06
CAST: Cost Cuts And Reorganisation Will Support Future Margin Upside
Analysts have nudged their price target for Castellum higher to about €141.89 per share, reflecting slightly lower discount rate assumptions, a marginally higher revenue growth outlook, stronger profit margin expectations at roughly 82.5%, and a modestly reduced future P/E multiple near 10.6x. What's in the News Executive management is being reduced from 13 to 10 positions as part of a reorganisation aimed at a more efficient structure, lower costs and higher profitability, with several senior leaders, including the CFO, CIO, General Counsel and COO, leaving the company (Key Developments).Narrative Update • Dec 15
CAST: Future Margin Gains From Cost Cuts Will Drive Upside Potential
Analysts have trimmed their price target on Castellum from 145.30 to 141.89, citing slightly slower expected revenue growth, offset by stronger profit margins and a lower anticipated future P/E multiple. What's in the News Castellum plans to cut its executive management team from 13 to 10 positions as part of a broader downsizing and efficiency program aimed at streamlining the organization and improving profitability (Key Developments).Analysis Article • Oct 31
We Like The Quality Of Castellum's (STO:CAST) Earnings
The market seemed underwhelmed by last week's earnings announcement from Castellum AB (publ) ( STO:CAST ) despite the...Analysis Article • Oct 28
Castellum AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Castellum AB (publ) ( STO:CAST ) last week reported its latest third-quarter results, which makes it a good time for...Analysis Article • Aug 14
Is It Time To Consider Buying Castellum AB (publ) (STO:CAST)?
Castellum AB (publ) ( STO:CAST ), might not be a large cap stock, but it saw significant share price movement during...
New Narrative • Dec 07
Logistics Expansion In Gothenburg And Green Investments Set To Boost Real Estate Growth
Strategic asset sales and sustainable investments enhance margins and align with environmental goals, supporting long-term profitability.Shareholder Returns
| CAST | SE Real Estate | SE Market | |
|---|---|---|---|
| 7D | -0.1% | -1.5% | 0.9% |
| 1Y | 13.0% | -14.9% | 9.7% |
Return vs Industry: CAST exceeded the Swedish Real Estate industry which returned -14.9% over the past year.
Return vs Market: CAST exceeded the Swedish Market which returned 9.7% over the past year.
Price Volatility
| CAST volatility | |
|---|---|
| CAST Average Weekly Movement | 3.0% |
| Real Estate Industry Average Movement | 3.5% |
| Market Average Movement | 6.1% |
| 10% most volatile stocks in SE Market | 12.1% |
| 10% least volatile stocks in SE Market | 3.3% |
Stable Share Price: CAST has not had significant price volatility in the past 3 months compared to the Swedish market.
Volatility Over Time: CAST's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 481 | Pal Ahlsen | www.castellum.se |
Castellum AB (publ) is a Swedish property company that owns, manages, and develops commercial properties in growth cities. As of 30 June 2026, the property value amounted to approximately SEK 134 Bn. The company is listed on Nasdaq Stockholm Large Cap and is classified as green under the Green Equity Designation.
Castellum AB (publ) Fundamentals Summary
| CAST fundamental statistics | |
|---|---|
| Market cap | SEK 59.08b |
| Earnings (TTM) | SEK 2.68b |
| Revenue (TTM) | SEK 9.96b |
22.0x
P/E Ratio5.9x
P/S RatioIs CAST overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CAST income statement (TTM) | |
|---|---|
| Revenue | SEK 9.96b |
| Cost of Revenue | SEK 3.01b |
| Gross Profit | SEK 6.95b |
| Other Expenses | SEK 4.27b |
| Earnings | SEK 2.68b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
Oct 22, 2026
| Earnings per share (EPS) | 5.92 |
| Gross Margin | 69.76% |
| Net Profit Margin | 26.91% |
| Debt/Equity Ratio | 73.5% |
How did CAST perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/26 01:47 |
| End of Day Share Price | 2026/07/24 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Castellum AB (publ) is covered by 20 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Paul May | Barclays |
| Bernd Stahli | BofA Global Research |