Wallenstam AB (publ)

OM:WALL B Stock Report

Market Cap: SEK 24.3b

Wallenstam Future Growth

Future criteria checks 1/6

Wallenstam's earnings are forecast to decline at 18.3% per annum while its annual revenue is expected to grow at 2.3% per year. EPS is expected to decline by 5.1% per annum. Return on equity is forecast to be 3.3% in 3 years.

Key information

-18.3%

Earnings growth rate

-5.12%

EPS growth rate

Real Estate earnings growth8.1%
Revenue growth rate2.3%
Future return on equity3.33%
Analyst coverage

Low

Last updated01 Jun 2026

Recent future growth updates

Analysis Article • Jul 09

Here's What Analysts Are Forecasting For Wallenstam AB (publ) (STO:WALL B) After Its Second-Quarter Results

Shareholders might have noticed that Wallenstam AB (publ) ( STO:WALL B ) filed its quarterly result this time last...

Recent updates

Narrative Update • Jun 05

WALL B: Redevelopment Leasing Progress And Lower Discount Rate Will Shape Future Returns

Analysts are keeping their SEK fair value estimate for Wallenstam steady at SEK 38.0, with the unchanged target supported by updated assumptions around a slightly lower discount rate, adjusted revenue growth expectations, and a marginally different projected profit margin and future P/E multiple. What's in the News Wallenstam signed a lease agreement with Mullvad VPN AB for 4,567 square meters of office space in the Valvet property at Östra Hamngatan 23 in Gothenburg.
Narrative Update • May 20

WALL B: Gothenburg Redevelopment And Dividend Will Support Steady Fairly Valued Profile

Analysts have kept Wallenstam's fair value estimate steady at SEK 43.20, making only modest tweaks to the discount rate and future P/E assumptions. This keeps the overall price target effectively unchanged in SEK terms.
Narrative Update • May 03

WALL B: Gothenburg Redevelopment And Dividend Policy Will Support Balanced Return Profile

Analysts have trimmed their price target on Wallenstam by SEK 1 to SEK 43.2. This reflects updated assumptions for slower revenue growth, slightly lower profit margins and a higher future P/E multiple. What's in the News The AGM on April 28, 2026 approved a dividend of SEK 0.55 per share for the 2025 financial year.
Analysis Article • Apr 30

Wallenstam's (STO:WALL B) Shareholders Should Assess Earnings With Caution

The latest earnings release from Wallenstam AB (publ) ( STO:WALL B ) disappointed investors. We did some digging and...
Narrative Update • Apr 19

WALL B: Redevelopment Spending And Higher Discount Rate Will Pressure Future Returns

Analysts have kept their SEK 38.00 price target on Wallenstam unchanged, citing slightly higher assumed profit margins and a marginally higher future P/E. These factors are partly offset by more cautious revenue growth assumptions and a minor adjustment to the discount rate.
Analysis Article • Apr 17

What Does Wallenstam AB (publ)'s (STO:WALL B) Share Price Indicate?

Wallenstam AB (publ) ( STO:WALL B ), is not the largest company out there, but it received a lot of attention from a...
Narrative Update • Apr 05

WALL B: Redevelopment Projects And Higher Discount Rate Will Shape Balanced Outlook

Analysts have kept their SEK 38.00 price target on Wallenstam unchanged, citing slightly adjusted assumptions for the discount rate, revenue growth, profit margin and future P/E to support the view that the current valuation is still in line with their updated model. What's in the News Wallenstam is redeveloping the Östra Hamngatan 23 property, known as Valvet, in central Gothenburg into a mixed office and retail destination.
Narrative Update • Mar 21

WALL B: Gothenburg And Stockholm Projects Will Support Steady Dividend Outlook

Analysts have kept their Wallenstam fair value estimate steady at SEK 44.2. They explained the unchanged target by only minor tweaks to assumptions such as the discount rate, long term revenue growth, profit margin and future P/E. What's in the News Wallenstam is developing the Östra Hamngatan 23 property, Valvet, in central Gothenburg into a mixed-use destination with a new vault-style entrance, technical upgrades, energy-efficient installations and premium materials aimed at creating more attractive office and retail space (Key Developments).
Narrative Update • Mar 06

WALL B: Renovation Spend And Higher Discount Rate Will Restrain Future Upside

Analysts have trimmed their price target on Wallenstam by SEK 1, from SEK 39 to SEK 38. This reflects updated views that combine a slightly higher profit margin and a lower future P/E with more cautious assumptions for revenue growth and the discount rate.
Narrative Update • Feb 19

WALL B: Sergelskrapan Renovation And Leasing Activity Will Support Balanced Outlook

Analysts have slightly reduced their price target on Wallenstam from SEK 44.60 to SEK 44.20, reflecting updated assumptions for revenue growth, profit margins and future P/E levels. What's in the News The Board of Directors plans to propose a dividend of SEK 0.55 per share for the 2025 fiscal year, compared with SEK 0.50, split into two payments of SEK 0.30 and SEK 0.25 per share (Key Developments).
Analysis Article • Feb 08

Wallenstam (STO:WALL B) Is Increasing Its Dividend To SEK0.30

The board of Wallenstam AB (publ) ( STO:WALL B ) has announced that it will be paying its dividend of SEK0.30 on the...
Narrative Update • Feb 05

WALL B: Sergelskrapan Renovation And Leasing Developments Will Support Steady Outlook

Analysts have kept their fair value estimate for Wallenstam steady at SEK 44.60, with only small adjustments to inputs such as the discount rate and future P/E. This reflects fine tuning of their assumptions rather than a material shift in their view.
Narrative Update • Jan 22

WALL B: Renovation And Leasing Pipeline Will Support Future Upside

Analysts have nudged their price target on Wallenstam up from SEK44.50 to SEK44.60, citing updated assumptions that reflect slightly adjusted revenue growth expectations, a modestly higher profit margin, and a small change in the projected future P/E multiple. What's in the News Partnering agreement signed with Zengun to renovate the 21 storey Sergelskrapan office property in central Stockholm, preserving its period look while targeting lower energy use and modern workplaces.
Analysis Article • Jan 10

Here's Why Wallenstam (STO:WALL B) Has A Meaningful Debt Burden

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Narrative Update • Jan 08

WALL B: Renovation Projects And Share Buybacks Will Support Measured Long-Term Outlook

Analysts have reduced their price target for Wallenstam from SEK 40.00 to SEK 39.00 as they now apply a higher discount rate, factor in lower projected revenue growth and profit margins, and use a higher assumed future P/E multiple. What's in the News Wallenstam and contractor Zengun signed a partnering agreement to renovate the 21 storey Sergelskrapan office tower in central Stockholm, preserving its period character while targeting lower energy use and modern workplaces over roughly two years of construction, with an order value of about SEK 380 million to be booked in the fourth quarter (Key Developments).
Narrative Update • Dec 22

WALL B Will Balance Renovation Pipeline And Share Buybacks Amid Tighter Assumptions

Analysts have trimmed their price target on Wallenstam from SEK 46.00 to SEK 44.50, citing more conservative assumptions for revenue growth, profit margins and a higher discount rate, partially offset by expectations of a higher future P/E multiple. What's in the News Entered a partnering agreement with Zengun to renovate the 21 storey Sergelskrapan landmark in central Stockholm, preserving its historic facade while upgrading energy performance and offices.
Analysis Article • Nov 28

At kr43.40, Is Wallenstam AB (publ) (STO:WALL B) Worth Looking At Closely?

Wallenstam AB (publ) ( STO:WALL B ), might not be a large cap stock, but it had a relatively subdued couple of weeks in...
Analysis Article • Oct 29

Wallenstam's (STO:WALL B) Solid Earnings May Rest On Weak Foundations

The recent earnings posted by Wallenstam AB (publ) ( STO:WALL B ) were solid, but the stock didn't move as much as we...
Analysis Article • Oct 08

Wallenstam (STO:WALL B) Is Paying Out A Dividend Of SEK0.25

Wallenstam AB (publ)'s ( STO:WALL B ) investors are due to receive a payment of SEK0.25 per share on 6th of November...
Narrative Update • Aug 27

Stockholm And Gothenburg Demand Will Drive Future Expansion

The slight increase in Wallenstam’s consensus price target to SEK46.00 primarily reflects an improved net profit margin, which offset an effectively unchanged discount rate. What's in the News Wallenstam completed repurchase of 11,000,000 shares (1.68%) for SEK 515.63 million under its ongoing buyback program.
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New Narrative • Jul 20

Stockholm And Gothenburg Demand Will Drive Future Expansion

High occupancy rates and ongoing residential project development support stable rental income, revenue growth, and resilience in key urban markets.
Analysis Article • Jul 09

Here's What Analysts Are Forecasting For Wallenstam AB (publ) (STO:WALL B) After Its Second-Quarter Results

Shareholders might have noticed that Wallenstam AB (publ) ( STO:WALL B ) filed its quarterly result this time last...
Analysis Article • Jul 08

Is It Time To Consider Buying Wallenstam AB (publ) (STO:WALL B)?

While Wallenstam AB (publ) ( STO:WALL B ) might not have the largest market cap around , it saw a decent share price...
Analysis Article • Jun 13

Does Wallenstam (STO:WALL B) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Feb 14

Wallenstam's (STO:WALL B) Solid Earnings May Rest On Weak Foundations

Wallenstam AB (publ)'s ( STO:WALL B ) robust recent earnings didn't do much to move the stock. We believe that...
Analysis Article • Oct 23

Here's Why Wallenstam (STO:WALL B) Has A Meaningful Debt Burden

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Jul 17

The Strong Earnings Posted By Wallenstam (STO:WALL B) Are A Good Indication Of The Strength Of The Business

When companies post strong earnings, the stock generally performs well, just like Wallenstam AB (publ)'s ( STO:WALL B...
Analysis Article • Jun 30

Wallenstam (STO:WALL B) Has Announced A Dividend Of SEK0.25

Wallenstam AB (publ) ( STO:WALL B ) has announced that it will pay a dividend of SEK0.25 per share on the 1st of...
Analysis Article • Jun 16

Wallenstam's (STO:WALL B) Dividend Will Be SEK0.25

Wallenstam AB (publ) ( STO:WALL B ) will pay a dividend of SEK0.25 on the 1st of November. This means that the dividend...
Analysis Article • May 30

These 4 Measures Indicate That Wallenstam (STO:WALL B) Is Using Debt Extensively

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Earnings and Revenue Growth Forecasts

OM:WALL B - Analysts future estimates and past financials data (SEK Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20283,4411,432-1241,3264
12/31/20273,2641,357-1681,2834
12/31/20263,1071,325-3331,2054
3/31/20263,2822,4331,2871,287N/A
12/31/20253,2562,5641,3961,396N/A
9/30/20253,0601,8741,2941,294N/A
6/30/20252,9369231,3821,382N/A
3/31/20252,9111,0141,2801,280N/A
12/31/20242,8367741,2281,228N/A
9/30/20243,311-3531,2591,259N/A
6/30/20243,3781281,1071,107N/A
3/31/20243,325-1651,1741,174N/A
12/31/20233,347-4501,2941,294N/A
9/30/20232,893-1,7591,0971,097N/A
6/30/20232,809-1,2171,1741,174N/A
3/31/20232,716-561,3091,309N/A
12/31/20222,5661,1031,1991,199N/A
9/30/20222,5374,9711,3551,355N/A
6/30/20222,4835,0451,3701,370N/A
3/31/20222,4155,2011,1501,150N/A
12/31/20212,3914,717960960N/A
9/30/20212,7683,584891891N/A
6/30/20212,7193,099890890N/A
3/31/20212,6882,3221,0911,091N/A
12/31/20202,6671,9081,2151,215N/A
9/30/20202,2012,6731,3061,306N/A
6/30/20202,1772,7931,3841,384N/A
3/31/20202,1652,7061,3401,340N/A
12/31/20192,3452,737N/A1,353N/A
9/30/20192,7342,267N/A1,395N/A
6/30/20192,7622,263N/A1,316N/A
3/31/20192,7133,028N/A483N/A
12/31/20182,4452,998N/A370N/A
9/30/20181,9882,409N/A206N/A
6/30/20181,8762,284N/A70N/A
3/31/20181,8722,191N/A726N/A
12/31/20172,0332,421N/A834N/A
9/30/20172,0353,483N/A908N/A
6/30/20172,0293,468N/A843N/A
3/31/20171,9663,606N/A807N/A
12/31/20161,7343,348N/A666N/A
9/30/20161,9952,227N/A344N/A
6/30/20162,2932,088N/A438N/A
3/31/20162,4092,867N/A484N/A
12/31/20152,7522,743N/A459N/A
9/30/20152,7452,560N/A583N/A
6/30/20152,8732,213N/A618N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: WALL B's earnings are forecast to decline over the next 3 years (-18.3% per year).

Earnings vs Market: WALL B's earnings are forecast to decline over the next 3 years (-18.3% per year).

High Growth Earnings: WALL B's earnings are forecast to decline over the next 3 years.

Revenue vs Market: WALL B's revenue (2.3% per year) is forecast to grow faster than the Swedish market (0.01% per year).

High Growth Revenue: WALL B's revenue (2.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: WALL B's Return on Equity is forecast to be low in 3 years time (3.3%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/07 00:10
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Wallenstam AB (publ) is covered by 12 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullABG Sundal Collier
Kanad MitraBarclays
Celine HuynhBarclays