Company Valuation: Castellum AB

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 83,025 41,461 70,590 59,364 52,360 59,879 - -
Change - -50.06% 70.26% -15.9% -11.8% 14.36% - -
Enterprise Value (EV) 1 1,52,657 1,17,452 1,30,173 1,15,597 1,09,259 1,06,236 1,08,407 1,06,634
Change - -23.06% 10.83% -11.2% -5.48% -2.77% 2.04% -1.64%
P/E 5.83x 23.9x -5.58x 25.2x 55.7x 14.3x 11.9x 10.6x
PBR 1x 0.52x 0.91x 0.75x 0.67x 0.84x 0.78x 0.74x
PEG - -0.3x 0x -0x -0.9x 0x 0.6x 0.8x
Capitalization / Revenue 13.1x 4.61x 7.2x 6.03x 5.46x 6.61x 7.26x 6.96x
EV / Revenue 24x 13.1x 13.3x 11.7x 11.4x 11.7x 13.1x 12.4x
EV / EBITDA 36.6x 21.1x 21.1x 17.7x 17.5x 16.9x 18.3x 17.2x
EV / EBIT 36.6x 21.1x 21.1x 17.7x 17.5x 16.5x 17.6x 16.9x
EV / FCF -13.4x 124x 96.3x 64.4x 145x 65.5x 49.9x 46.3x
FCF Yield -7.45% 0.8% 1.04% 1.55% 0.69% 1.53% 2% 2.16%
Dividend per Share 2 7.6 - - 2.48 - 2.466 2.597 2.799
Rate of return 3.12% - - 2.06% - 1.84% 1.94% 2.09%
EPS 2 41.81 5.29 -25.68 4.79 1.91 9.368 11.22 12.64
Distribution rate 18.2% - - 51.8% - 26.3% 23.1% 22.1%
Net sales 1 6,353 8,996 9,806 9,849 9,593 9,065 8,248 8,600
EBITDA 1 4,172 5,568 6,163 6,545 6,260 6,295 5,921 6,189
EBIT 1 4,172 5,568 6,163 6,545 6,260 6,452 6,148 6,315
Net income 1 11,828 1,750 -11,592 2,357 938 4,175 4,026 4,189
Net Debt 1 69,632 75,991 59,583 56,233 56,899 46,357 48,527 46,755
Reference price 2 243.80 126.25 143.30 120.55 106.40 133.85 133.85 133.85
Nbr of stocks (in thousands) 3,40,544 3,28,401 4,92,601 4,92,446 4,92,102 4,47,361 - -
Announcement Date 16/02/22 13/02/23 14/02/24 18/02/25 18/02/26 - - -
1SEK in Million2SEK
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
16x5.02x13.52x3.17% 4.55TCr
8.59x1.49x7.62x4.11% 3.02TCr
19.43x4.08x16.67x1.28% 2.94TCr
14.43x3.12x14.95x2.44% 2.63TCr
5.54x0.58x1.2x9.09% 2.65TCr
9.06x2.34x7.19x3.85% 2.14TCr
14.46x6.71x17.95x1.47% 2.09TCr
7.79x0.86x3.14x2.87% 1.99TCr
10.35x1.66x14.35x3.65% 1.89TCr
Average 11.74x 2.87x 10.73x 3.55% 2.66TCr
Weighted average by Cap. 12.27x 3.05x 10.98x 3.56%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield