- Castellum’s revenue for the first quarter was SEK 2.39 billion, falling short of the estimated SEK 2.46 billion.
- Net income showed a positive shift with SEK 2 million, compared to a loss of SEK 180 million in the same quarter last year.
- Net operating income decreased by 2.8% year-over-year to SEK 1.57 billion.
- Income from property management was SEK 1.06 billion, which was below the estimated SEK 1.16 billion.
- The EPRA Net Reinstatement Value (NRV) per share outperformed expectations at SEK 159, against an estimate of SEK 156.92.
- The loan-to-value ratio stood at 35.3%.
- Analysts’ recommendations currently include 7 buys, 5 holds, and 5 sells for Castellum.
A look at Castellum AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 1 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Castellum AB, a real estate investment company based in Sweden, has a promising long-term outlook according to Smartkarma’s Smart Scores. With a top score of 5 in the Value category, Castellum AB is perceived as a strong contender in terms of its financial health and valuation. This indicates that the company is viewed favorably in terms of its current worth and potential for growth.
However, areas of improvement are seen in the Dividend and Growth scores, which are rated 1 and 2 respectively. While the company may not be a top performer in terms of dividend payouts and growth potential, it is noted for its resilience and momentum with scores of 3 in both categories. Castellum AB‘s ability to adapt to challenges and maintain positive momentum bodes well for its future prospects in the real estate sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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