Castellum Future Growth

Future criteria checks 3/6

Castellum is forecast to grow earnings and revenue by 26.4% and 0.2% per annum respectively. EPS is expected to grow by 26.2% per annum. Return on equity is forecast to be 5.6% in 3 years.

Key information

26.4%

Earnings growth rate

26.16%

EPS growth rate

Real Estate earnings growth	15.9%
Revenue growth rate	0.2%
Future return on equity	5.58%
Analyst coverage	Good
Last updated	08 May 2025

Recent future growth updates

Analysts Are Updating Their Castellum AB (publ) (STO:CAST) Estimates After Its First-Quarter Results

May 08

Castellum AB (publ) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Feb 22

Recent updates

Analysts Are Updating Their Castellum AB (publ) (STO:CAST) Estimates After Its First-Quarter Results

May 08

Is Castellum (STO:CAST) A Risky Investment?

Mar 25

Castellum's (STO:CAST) Earnings Seem To Be Promising

Feb 27

Castellum AB (publ) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Feb 22

Logistics Expansion In Gothenburg And Green Investments Set To Boost Real Estate Growth

Dec 07 Strategic asset sales and sustainable investments enhance margins and align with environmental goals, supporting long-term profitability.

Earnings and Revenue Growth Forecasts

OM:CAST - Analysts future estimates and past financials data (SEK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2027	10,018	5,251	1,971	4,644	7
12/31/2026	9,784	4,795	2,996	4,695	7
12/31/2025	9,612	3,277	1,988	4,472	5
3/31/2025	10,008	2,539	4,513	4,600	N/A
12/31/2024	10,270	2,357	4,200	4,296	N/A
9/30/2024	10,254	-5,943	5,317	5,380	N/A
6/30/2024	9,373	-7,875	4,441	4,500	N/A
3/31/2024	9,716	-7,471	4,313	4,367	N/A
12/31/2023	10,649	-11,592	4,720	4,813	N/A
9/30/2023	10,294	-10,184	3,460	3,612	N/A
6/30/2023	9,705	-9,003	3,917	4,059	N/A
3/31/2023	10,796	-6,164	4,123	4,256	N/A
12/31/2022	9,596	1,750	4,202	4,287	N/A
9/30/2022	9,442	11,417	3,027	3,027	N/A
6/30/2022	9,616	13,211	3,574	3,574	N/A
3/31/2022	7,240	11,601	2,872	2,872	N/A
12/31/2021	6,297	11,828	2,603	2,603	N/A
9/30/2021	5,714	10,130	2,962	2,962	N/A
6/30/2021	5,941	9,631	2,816	2,816	N/A
3/31/2021	6,030	8,973	3,072	3,072	N/A
12/31/2020	6,004	5,615	2,944	2,944	N/A
9/30/2020	5,966	4,562	3,659	3,659	N/A
6/30/2020	5,949	4,598	3,815	3,815	N/A
3/31/2020	5,864	4,791	3,564	3,564	N/A
12/31/2019	5,821	5,650	3,536	3,536	N/A
9/30/2019	5,779	6,039	2,871	2,871	N/A
6/30/2019	5,708	7,614	2,694	2,694	N/A
3/31/2019	5,658	8,029	2,885	2,885	N/A
12/31/2018	5,577	7,453	N/A	2,485	N/A
9/30/2018	5,457	7,503	N/A	2,845	N/A
6/30/2018	5,359	5,654	N/A	2,291	N/A
3/31/2018	5,230	5,215	N/A	1,436	N/A
12/31/2017	5,182	5,876	N/A	2,243	N/A
9/30/2017	5,233	5,905	N/A	1,977	N/A
6/30/2017	5,289	6,775	N/A	1,991	N/A
3/31/2017	4,982	5,821	N/A	2,840	N/A
12/31/2016	4,533	4,972	N/A	2,260	N/A
9/30/2016	4,016	3,751	N/A	1,903	N/A
6/30/2016	3,489	2,326	N/A	1,902	N/A
3/31/2016	3,353	3,007	N/A	1,569	N/A
12/31/2015	3,299	2,881	N/A	1,507	N/A
9/30/2015	3,271	2,059	N/A	1,422	N/A
6/30/2015	3,272	2,050	N/A	1,421	N/A
3/31/2015	3,299	1,491	N/A	1,428	N/A
12/31/2014	3,318	1,211	N/A	1,390	N/A
9/30/2014	3,314	1,075	N/A	1,525	N/A
6/30/2014	3,290	1,365	N/A	1,624	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CAST's forecast earnings growth (26.4% per year) is above the savings rate (1.3%).

Earnings vs Market: CAST's earnings (26.4% per year) are forecast to grow faster than the Swedish market (16.3% per year).

High Growth Earnings: CAST's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CAST's revenue (0.2% per year) is forecast to grow slower than the Swedish market (4.2% per year).

High Growth Revenue: CAST's revenue (0.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CAST's Return on Equity is forecast to be low in 3 years time (5.6%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/20 23:47
End of Day Share Price	2025/05/20 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 23 analysts. 8 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
Ruud Van Maanen	ABN AMRO Bank N.V.
Paul May	Barclays

Castellum Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 14%

Analysts Are Updating Their Castellum AB (publ) (STO:CAST) Estimates After Its First-Quarter Results

Castellum AB (publ) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Price target decreased by 7.5% to kr128

Price target decreased by 7.3% to kr133

Consensus EPS estimates upgraded to kr0.57 loss

Recent updates

Consensus EPS estimates fall by 14%

Analysts Are Updating Their Castellum AB (publ) (STO:CAST) Estimates After Its First-Quarter Results

Castellum AB (publ) Announces Board Appointments

Castellum AB (publ) to Report Fiscal Year 2025 Results on Feb 18, 2026

Upcoming dividend of kr0.62 per share

Full year 2024 earnings: EPS exceeds analyst expectations

Joacim Sjöberg to Step Down as CEO of Castellum

Is Castellum (STO:CAST) A Risky Investment?

Castellum AB (publ) (OM:CAST) completed the acquisition of 0.27% stake in Entra ASA (OB:ENTRA) from Fastighets AB Balder (publ) (OM:BALD B) and other shareholders for NOK 54.4 million.

Castellum's (STO:CAST) Earnings Seem To Be Promising

New minor risk - Dividend sustainability

Castellum AB (publ) Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Castellum AB (publ) to Report Fiscal Year 2024 Final Results on Apr 08, 2025

Full year 2024 earnings: EPS exceeds analyst expectations

Castellum AB (publ) (OM:CAST) intends to make a mandatory offer to acquire the remaining 66.67% stake in Entra ASA (OB:ENTRA) from Fastighets AB Balder (publ) (OM:BALD B) and other sharholders for approximately NOK 13.4 billion.

Castellum Announces Executive Changes

Per Berggren Declines Re-Election of Chairman of the Board of Castellum AB (Publ)

Logistics Expansion In Gothenburg And Green Investments Set To Boost Real Estate Growth

Castellum (STO:CAST) Has A Somewhat Strained Balance Sheet

Third quarter 2024 earnings: EPS misses analyst expectations

Castellum AB (publ), Annual General Meeting, May 07, 2025

Are Castellum AB (publ) (STO:CAST) Investors Paying Above The Intrinsic Value?

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Here's Why Castellum (STO:CAST) Has A Meaningful Debt Burden

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Castellum AB (publ) to Report Fiscal Year 2024 Results on Feb 19, 2025

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Castellum AB (publ) to Report Nine Months, 2024 Results on Oct 25, 2024

CEO & President recently bought kr1.0m worth of stock

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

New major risk - Shareholder dilution

Third quarter 2023 earnings released: kr2.63 loss per share (vs kr1.22 loss in 3Q 2022)

An unknown buyer acquired Five Properties in Sweden from Castellum AB (publ) (OM:CAST) for SEK 900 million.

Castellum AB (Publ) Announces Nomination Committee Appointments

An unknown buyer signed an agreement to acquire Idéflödet 1 and Idémannen 1 in Linköping from Castellum AB (publ).

Castellum AB (Publ) Appoints Christoffer Strömbäck as Head of Investor Relations and Corporate Finance

High number of new and inexperienced directors

Second quarter 2023 earnings: Revenues exceed analyst expectations

Castellum AB (publ) to Report First Half, 2024 Results on Jul 16, 2024

CEO & President recently bought kr1.1m worth of stock

Leiv Synnes Resigns from the Board of Directors of Castellum

Director recently bought kr308k worth of stock

Castellum AB (publ) has completed a Follow-on Equity Offering in the amount of SEK 10.18043 billion.

Axis Communications AB acquired Forskaren 2 and Stockholmsledet 8 from Castellum AB (publ) (OM:CAST).

Price target decreased by 7.5% to kr128

Price target decreased by 7.3% to kr133

High number of new and inexperienced directors

Full year 2022 earnings: EPS misses analyst expectations

Consensus EPS estimates upgraded to kr0.57 loss

Director recently bought kr142k worth of stock

Full year 2022 earnings released: EPS: kr5.29 (vs kr41.81 in FY 2021)

An unknown buyer acquired a 2.5% stake in Castellum AB (publ) from Corem Property Group AB (publ) for SEK 1.3 billion.

Castellum Announces the Resignation of Rutger Arnhult as Member of Board of Directors

Castellum AB (Publ) Announces Resignation of Anna Kinberg Batra from Board of Directors

Price target increased by 8.6% to kr147

Castellum Appoints Joacim Sjöberg as Acting CEO

Upcoming dividend of kr1.90 per share

Consensus forecasts updated

Less than half of directors are independent

Investor sentiment improved over the past week

Price target decreased to kr144

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Castellum AB (publ) to Report First Half, 2023 Results on Jul 14, 2023

Upcoming dividend of kr1.90 per share

Consensus forecasts updated

Price target decreased to kr189

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Castellum AB (publ), Annual General Meeting, Mar 23, 2023

Earnings and Revenue Growth Forecasts