Cash flow Catena AB

Stocks

CATE

SE0001664707

Real Estate Development & Operations

Market Closed - Nasdaq Stockholm Other stock markets 09:30:00 12/06/2026 pm IST			5-day change	1st Jan Change
412.20 ^SEK	+0.98%		-0.67%	-8.56%

04/06	Catena to Sell Two Swedish Properties for SEK430 Million	MT
04/06	Catena divests two properties for SEK 430 million	FW

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Published financial data: CATENA AB

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Rental Revenues	138.74Cr	154.4Cr	180.8Cr	219.3Cr	265.1Cr
Other Revenues, Total	-25L	-	3.9Cr	-3.1Cr	-70L
Total Revenues	138.49Cr	154.4Cr	184.7Cr	216.2Cr	264.4Cr
Property Expenses	29Cr	32Cr	36Cr	40Cr	45Cr
Selling General & Admin Expenses, Total	3.66Cr	4.4Cr	4.8Cr	5.8Cr	5.7Cr
Other Operating Expenses	-60L	-20L	-70L	-50L	-70L
Total Operating Expenses	32Cr	37Cr	40Cr	46Cr	50Cr
Operating Income (REIT / Utility Template)	106.23Cr	117.8Cr	144.5Cr	170.5Cr	214.1Cr
Interest Expense, Total	-3.03Cr	39Cr	-64Cr	-52Cr	-57Cr
Interest and Investment Income	43L	1.8Cr	3.3Cr	5.7Cr	2.7Cr
Net Interest Expenses	-2.6Cr	40Cr	-61Cr	-47Cr	-54Cr
Currency Exchange Gains (Loss)	32L	1.5Cr	20L	-	-
Other Non Operating Income (Expenses)	-1.29Cr	-1.7Cr	-2.2Cr	-2.5Cr	-1.7Cr
EBT, Excl. Unusual Items	102.66Cr	158Cr	81Cr	121.3Cr	158.5Cr
Total Merger & Related Restructuring Charges	-	-	-20L	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) on Sale of Assets	2.18Cr	10Cr	-	1.7Cr	-30L
Asset Writedown	231.81Cr	76Cr	52Cr	11Cr	48Cr
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	336.65Cr	244.5Cr	133.5Cr	134.4Cr	206.7Cr
Income Tax Expense	67Cr	45Cr	35Cr	26Cr	42Cr
Earnings From Continuing Operations	269.18Cr	199.6Cr	99Cr	108Cr	164.4Cr
Net Income to Company	269.18Cr	199.6Cr	99Cr	108Cr	164.4Cr
Net Income - (IS)	269.18Cr	199.6Cr	99Cr	108Cr	164.4Cr
Net Income to Common Incl Extra Items	269.18Cr	199.6Cr	99Cr	108Cr	164.4Cr
Net Income to Common Excl. Extra Items	269.18Cr	199.6Cr	99Cr	108Cr	164.4Cr
Per Share Items
Net EPS - Basic	66.63	44.68	19.73	19.35	27.24
Basic EPS - Continuing Operations	66.63	44.68	19.73	19.35	27.24
Basic Weighted Average Shares Outstanding	4.04Cr	4.47Cr	5Cr	5.58Cr	6.04Cr
Net EPS - Diluted	66.63	44.68	19.73	19.35	27.24
Diluted EPS - Continuing Operations	66.63	44.68	19.73	19.35	27.24
Diluted Weighted Average Shares Outstanding	4.04Cr	4.47Cr	5Cr	5.58Cr	6.04Cr
Normalized Basic EPS	15.88	22.1	10.17	13.59	16.41
Normalized Diluted EPS	15.88	22.1	10.17	13.59	16.41
Dividend Per Share	8	8.26	8.5	9	9.5
Payout Ratio	11.49	18.19	41.89	45.37	33.03
Supplemental Items
EBITDA	106.31Cr	117.9Cr	144.6Cr	170.6Cr	214.2Cr
EBITA	106.23Cr	117.8Cr	144.5Cr	170.5Cr	214.1Cr
EBIT	106.23Cr	117.8Cr	144.5Cr	170.5Cr	214.1Cr
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	20.04	18.36	26.14	19.64	20.46
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	2.69Cr	1.6Cr	5.4Cr	5.3Cr	5.6Cr
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	65Cr	43Cr	30Cr	21Cr	37Cr
Normalized Net Income	64Cr	99Cr	51Cr	76Cr	99Cr
Interest Capitalized	38L	1Cr	4.1Cr	7.8Cr	3.8Cr
Interest on Long-Term Debt	1.37Cr	2Cr	4.9Cr	8.6Cr	4.6Cr
Supplemental Operating Expense Items
General and Administrative Expenses	3.66Cr	4.4Cr	4.8Cr	5.8Cr	5.7Cr
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Maintenance & Repair Expenses, Total	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Gross Property Plant And Equipment	2.37TCr	2.75TCr	3.12TCr	4.18TCr	4.48TCr
Accumulated Depreciation	-53L	-60L	-70L	-80L	-90L
Net Property Plant And Equipment	2.37TCr	2.75TCr	3.11TCr	4.18TCr	4.47TCr
Total Real Estate Assets	2.37TCr	2.75TCr	3.11TCr	4.18TCr	4.47TCr
Cash And Equivalents	99Cr	216.7Cr	43Cr	99Cr	44Cr
Accounts Receivable, Total	1.81Cr	1.6Cr	1.2Cr	1.4Cr	1.6Cr
Other Receivables	16Cr	20Cr	26Cr	38Cr	30Cr
Investment In Debt and Equity Securities	7.87Cr	50Cr	21Cr	16Cr	13Cr
Goodwill	50Cr	46Cr	58Cr	58Cr	58Cr
Other Current Assets, Total	5.65Cr	13Cr	37Cr	15Cr	15Cr
Deferred Tax Assets Long-Term (Collected)	4.43Cr	-	-	-	-
Other Long-Term Assets, Total	28Cr	22Cr	49Cr	48Cr	42Cr
Total Assets	2.59TCr	3.12TCr	3.35TCr	4.46TCr	4.68TCr
Liabilities
Current Portion of Long-Term Debt	172.15Cr	297.6Cr	265.4Cr	54Cr	259Cr
Short-Term Borrowings	2L	-	-	-	-
Long-Term Debt	948.68Cr	780.6Cr	923.8Cr	1.64TCr	1.52TCr
Long-Term Leases	33Cr	27Cr	27Cr	28Cr	28Cr
Accounts Payable, Total	11Cr	20Cr	25Cr	23Cr	13Cr
Accrued Expenses, Total	6.47Cr	7.9Cr	9.3Cr	8.9Cr	8.8Cr
Current Income Taxes Payable	6.24Cr	3.5Cr	5.9Cr	11Cr	10Cr
Unearned Revenue, Current	19Cr	19Cr	23Cr	25Cr	29Cr
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	13Cr	16Cr	19Cr	27Cr	51Cr
Deferred Tax Liability Non-Current	249.85Cr	279.6Cr	309.1Cr	329Cr	365.7Cr
Other Non Current Liabilities	12L	10L	3.3Cr	3.2Cr	10L
Total Liabilities	1.46TCr	1.45TCr	1.61TCr	2.15TCr	2.28TCr
Common Stock, Total	18Cr	22Cr	22Cr	27Cr	27Cr
Additional Paid In Capital	341.63Cr	715.5Cr	727.3Cr	1.23TCr	1.23TCr
Retained Earnings	765.73Cr	926.8Cr	984.1Cr	1.04TCr	1.15TCr
Comprehensive Income and Other	-	5.5Cr	5.6Cr	7.6Cr	-15Cr
Total Common Equity	1.13TCr	1.67TCr	1.74TCr	2.31TCr	2.4TCr
Minority Interest	-	-	-	-	-
Total Equity	1.13TCr	1.67TCr	1.74TCr	2.31TCr	2.4TCr
Total Liabilities And Equity	2.59TCr	3.12TCr	3.35TCr	4.46TCr	4.68TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.12Cr	4.99Cr	5.49Cr	6.04Cr	6.64Cr
ECS Total Common Shares Outstanding	4.12Cr	4.99Cr	5.02Cr	6.04Cr	6.04Cr
Book Value / Share	273	334.71	346.35	382.69	397.15
Tangible Book Value	1.08TCr	1.62TCr	1.68TCr	2.25TCr	2.34TCr
Tangible Book Value Per Share	260.8	325.47	334.76	373.04	387.51
Total Debt	1.15TCr	1.11TCr	1.22TCr	1.72TCr	1.8TCr
Net Debt	1.05TCr	888.7Cr	1.17TCr	1.62TCr	1.76TCr
Debt Equivalent Oper. Leases	-	-	-	-	-
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	7.97Cr	8.9Cr	38Cr	32Cr	29Cr
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Work In Process, Total	-	-	23Cr	-	-
Machinery, Total	74L	80L	90L	90L	90L
Full Time Employees	47	55	65	70	73
Accumulated Allowance for Doubtful Accounts (Supple)	85L	1.1Cr	1.8Cr	40L	40L

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	269.18Cr	199.6Cr	99Cr	108Cr	164.4Cr
Depreciation, Depletion & Amortization	20L	20L	30L	30L	30L
Total Depreciation, Depletion & Amortization	20L	20L	30L	30L	30L
(Gain) Loss On Sale of Asset - (CF)	-2.11Cr	-10Cr	-	-1.7Cr	30L
Total Asset Writedown	-231.81Cr	-76Cr	-52Cr	-11Cr	-48Cr
(Income) Loss On Equity Investments - (CF)	25L	-	-3.9Cr	3.1Cr	70L
Change in Accounts Receivable	-1.55Cr	12Cr	-3.2Cr	1.2Cr	6.2Cr
Change in Other Net Operating Assets (Collected)	2.19Cr	23Cr	6.5Cr	2Cr	-3.5Cr
Other Operating Activities	45Cr	-24Cr	60Cr	27Cr	38Cr
Cash from Operations	81Cr	124.1Cr	106.2Cr	128.7Cr	157.6Cr
Acquisition of Real Estate Assets, Total	-100.09Cr	-155.9Cr	-202.2Cr	-264.9Cr	-115.2Cr
Sale of Real Estate Assets, Total	2.86Cr	13Cr	10L	-	-
Net Sale / Acquisition of Real Estate Assets	-97Cr	-142.7Cr	-202.1Cr	-264.9Cr	-115.2Cr
Cash Acquisitions	-53Cr	-116.9Cr	-66Cr	-199.5Cr	-63Cr
Divestitures	-	66Cr	40L	23Cr	7.3Cr
Investment in Marketable and Equity Securities, Total	-1.06Cr	-1Cr	-4.5Cr	-2.4Cr	2.8Cr
Net (Increase) Decrease in Loans Originated / Sold - Investing	-7.87Cr	-20L	1.7Cr	2.4Cr	1.1Cr
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-159.58Cr	-195.3Cr	-270.6Cr	-441.5Cr	-166.7Cr
Long-Term Debt Issued, Total	662.85Cr	275Cr	503.5Cr	1.24TCr	498.2Cr
Total Debt Issued	662.85Cr	275Cr	503.5Cr	1.24TCr	498.2Cr
Long-Term Debt Repaid, Total	-602.35Cr	-429.4Cr	-471.4Cr	-1.33TCr	-488.5Cr
Total Debt Repaid	-602.35Cr	-429.4Cr	-471.4Cr	-1.33TCr	-488.5Cr
Issuance of Common Stock	107.05Cr	377.7Cr	-	509.8Cr	-
Common Dividends Paid	-31Cr	-36Cr	-41Cr	-49Cr	-54Cr
Common & Preferred Stock Dividends Paid	-31Cr	-36Cr	-41Cr	-49Cr	-54Cr
Cash from Financing	136.63Cr	187Cr	-9.2Cr	368.6Cr	-45Cr
Foreign Exchange Rate Adjustments	-4L	1.6Cr	-10L	20L	-90L
Net Change in Cash	58Cr	117.4Cr	-173.7Cr	56Cr	-55Cr
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	1.98Cr	4.5Cr	3.9Cr	3.7Cr	7.1Cr
Net Debt Issued / Repaid	60Cr	-154.4Cr	32Cr	-92Cr	9.7Cr
Levered Free Cash Flow	71Cr	102.75Cr	38Cr	96Cr	123.84Cr
Unlevered Free Cash Flow	73Cr	79Cr	78Cr	128.96Cr	159.21Cr
Change In Net Working Capital	-6.44Cr	-4.8Cr	12Cr	-22Cr	-25Cr

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	2.87	2.58	2.79	2.73	2.93
Return on Total Capital	3.25	2.91	3.15	3.05	3.25
Return On Equity %	28.57	14.28	5.78	5.33	6.99
Return on Common Equity	28.57	14.28	5.78	5.33	6.99
Margin Analysis
Gross Profit Margin %	78.92	79.02	80.45	81.31	82.87
SG&A Margin	2.64	2.85	2.6	2.68	2.16
EBITDA Margin %	76.76	76.36	78.29	78.91	81.01
EBITA Margin %	76.71	76.3	78.23	78.86	80.98
EBIT Margin %	76.71	76.3	78.23	78.86	80.98
Income From Continuing Operations Margin %	194.37	129.27	53.38	49.95	62.18
Net Income Margin %	194.37	129.27	53.38	49.95	62.18
Net Avail. For Common Margin %	194.37	129.27	53.38	49.95	62.18
Normalized Net Income Margin	46.33	63.96	27.51	35.07	37.47
Levered Free Cash Flow Margin	51.22	66.55	20.57	44.5	46.84
Unlevered Free Cash Flow Margin	52.59	50.92	42.4	59.65	60.22
Asset Turnover
Asset Turnover	0.06	0.05	0.06	0.06	0.06
Fixed Assets Turnover	0.06	0.06	0.06	0.06	0.06
Receivables Turnover (Average Receivables)	85.64	90.82	129.14	168.69	176.73
Short Term Liquidity
Current Ratio	0.54	0.69	0.31	1.03	0.25
Quick Ratio	0.51	0.66	0.2	0.93	0.21
Operating Cash Flow to Current Liabilities	0.35	0.34	0.31	0.87	0.42
Days Sales Outstanding (Average Receivables)	4.26	4.02	2.83	2.17	2.07
Average Days Payable Outstanding	148.44	175.18	-	-	145.03
Long Term Solvency
Total Debt/Equity	102.54	66.2	69.95	74.54	75.28
Total Debt / Total Capital	50.63	39.83	41.16	42.71	42.95
LT Debt/Equity	87.24	48.38	54.69	72.21	64.48
Long-Term Debt / Total Capital	43.07	29.11	32.18	41.37	36.79
Total Liabilities / Total Assets	56.48	46.49	48.08	48.19	48.78
EBIT / Interest Expense	35.06	-3.05	2.24	3.25	3.78
EBITDA / Interest Expense	35.13	-3.06	2.24	3.26	3.79
(EBITDA - Capex) / Interest Expense	35.06	-3.06	2.24	3.26	3.79
Total Debt / EBITDA	10.84	9.37	8.4	10.08	8.42
Net Debt / EBITDA	9.91	7.53	8.1	9.5	8.21
Total Debt / (EBITDA - Capex)	10.86	9.37	8.4	10.08	8.42
Net Debt / (EBITDA - Capex)	9.93	7.53	8.1	9.5	8.21
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	9.96	11.56	19.62	17.05	22.29
Gross Profit, 1 Yr. Growth %	9.36	11.72	21.8	18.3	24.63
EBITDA, 1 Yr. Growth %	9.99	10.91	22.65	18.14	26.15
EBITA, 1 Yr. Growth %	9.98	10.92	22.67	18.16	26.16
EBIT, 1 Yr. Growth %	9.98	10.92	22.67	18.16	26.16
Earnings From Cont. Operations, 1 Yr. Growth %	76.27	-25.85	-50.6	9.53	52.22
Net Income, 1 Yr. Growth %	76.27	-25.85	-50.6	9.53	52.22
Diluted EPS Before Extra, 1 Yr. Growth %	64.5	-32.95	-55.83	-1.92	40.72
Normalized Net Income, 1 Yr. Growth %	35.67	53.85	-48.54	49.57	30.67
Net Property, Plant and Equip., 1 Yr. Growth %	25.27	15.84	13.29	34.31	6.96
Accounts Receivable, 1 Yr. Growth %	26.57	-11.11	-25	16.67	14.29
Total Assets, 1 Yr. Growth %	26.79	20.86	7.35	33.1	4.96
Common Equity, 1 Yr. Growth %	48.28	48.35	4.16	32.82	3.78
Tangible Book Value, 1 Yr. Growth %	51.71	51	3.53	33.96	3.88
Cash From Operations, 1 Yr. Growth %	9.02	53.02	-14.42	21.19	22.46
Capital Expenditures, 1 Yr. Growth %	400	-	-	-	-
Levered Free Cash Flow, 1 Yr. Growth %	30.23	62.35	-63.02	154.03	29.38
Unlevered Free Cash Flow, 1 Yr. Growth %	9.18	20.66	-0.4	64.94	23.94
Dividend Per Share, 1 Yr. Growth %	6.67	3.25	2.91	5.88	5.56
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	8.73	10.72	15.52	18.33	19.65
Gross Profit, 2 Yr. CAGR %	10.73	10.49	16.65	20.04	21.43
EBITDA, 2 Yr. CAGR %	11.06	10.45	16.63	20.29	21.79
EBITA, 2 Yr. CAGR %	11.06	10.43	16.65	20.31	21.81
EBIT, 2 Yr. CAGR %	11.06	10.43	16.65	20.31	21.81
Earnings From Cont. Operations, 2 Yr. CAGR %	48.31	14.33	-39.48	-26.44	29.13
Net Income, 2 Yr. CAGR %	48.31	14.33	-39.48	-26.44	29.13
Diluted EPS Before Extra, 2 Yr. CAGR %	43.27	5.02	-45.58	-34.18	17.48
Normalized Net Income, 2 Yr. CAGR %	25.09	44.5	-11.03	-12.38	39.8
Net Property, Plant and Equip., 2 Yr. CAGR %	19.56	20.46	14.55	23.35	19.86
Accounts Receivable, 2 Yr. CAGR %	4.42	5.78	-18.35	-6.46	15.47
Total Assets, 2 Yr. CAGR %	20.64	23.69	13.9	19.53	18.19
Common Equity, 2 Yr. CAGR %	33.47	48.32	24.31	17.62	17.41
Tangible Book Value, 2 Yr. CAGR %	35.98	51.35	25.03	17.76	17.96
Cash From Operations, 2 Yr. CAGR %	14.98	29.13	14.43	1.84	21.82
Levered Free Cash Flow, 2 Yr. CAGR %	35.64	37.34	-22.51	-3.23	80.82
Unlevered Free Cash Flow, 2 Yr. CAGR %	19.7	8.56	9.62	28.07	42.7
Dividend Per Share, 2 Yr. CAGR %	10.94	4.94	3.08	4.38	5.72
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	8.01	9.64	13.61	16.03	19.64
Gross Profit, 3 Yr. CAGR %	9.34	11.03	14.14	17.2	21.55
EBITDA, 3 Yr. CAGR %	9.59	11.01	14.37	17.08	22.02
EBITA, 3 Yr. CAGR %	9.6	11	14.37	17.09	22.04
EBIT, 3 Yr. CAGR %	9.6	11	14.37	17.09	22.04
Earnings From Cont. Operations, 3 Yr. CAGR %	48.41	17.71	-13.57	-26.25	-6.26
Net Income, 3 Yr. CAGR %	48.41	17.71	-13.57	-26.25	-6.26
Diluted EPS Before Extra, 3 Yr. CAGR %	44.84	11.23	-21.31	-33.78	-15.21
Normalized Net Income, 3 Yr. CAGR %	19.19	34.04	2.42	5.71	0.11
Net Property, Plant and Equip., 3 Yr. CAGR %	17.26	18.31	18.02	20.79	17.63
Accounts Receivable, 3 Yr. CAGR %	12.54	-1.22	-5.68	-8.04	0
Total Assets, 3 Yr. CAGR %	17.59	20.65	17.98	19.97	14.46
Common Equity, 3 Yr. CAGR %	28.46	38.26	31.83	27.08	12.81
Tangible Book Value, 3 Yr. CAGR %	30.79	40.81	33.36	27.94	12.94
Cash From Operations, 3 Yr. CAGR %	16.16	26.46	12.58	16.64	8.29
Levered Free Cash Flow, 3 Yr. CAGR %	20.49	38.64	-11.31	14.98	6.42
Unlevered Free Cash Flow, 3 Yr. CAGR %	9.97	15.65	5.49	25.55	26.51
Dividend Per Share, 3 Yr. CAGR %	11.64	8.32	4.26	4	4.77
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	12.15	11.39	10.94	13.04	15.99
Gross Profit, 5 Yr. CAGR %	13.82	12.42	12.19	14.55	17
EBITDA, 5 Yr. CAGR %	14.36	12.64	12.35	14.63	17.25
EBITA, 5 Yr. CAGR %	14.38	12.66	12.36	14.63	17.26
EBIT, 5 Yr. CAGR %	14.38	12.66	12.36	14.63	17.26
Earnings From Cont. Operations, 5 Yr. CAGR %	51.4	25.75	3.67	-2.47	1.49
Net Income, 5 Yr. CAGR %	51.4	25.75	3.67	-2.47	1.49
Diluted EPS Before Extra, 5 Yr. CAGR %	45.54	20.3	-2.09	-9.83	-7.63
Normalized Net Income, 5 Yr. CAGR %	29.91	28.6	6.04	13.08	15.94
Net Property, Plant and Equip., 5 Yr. CAGR %	17.08	15.93	16.17	20.3	18.75
Accounts Receivable, 5 Yr. CAGR %	-8.55	11.22	-1.13	-3.35	2.27
Total Assets, 5 Yr. CAGR %	15.94	16.98	16.06	20.2	18.07
Common Equity, 5 Yr. CAGR %	23.61	29.43	26.78	29.6	25.86
Tangible Book Value, 5 Yr. CAGR %	26.75	31.73	28.46	31.1	26.97
Cash From Operations, 5 Yr. CAGR %	22.89	25.17	15.45	15.96	16.19
Levered Free Cash Flow, 5 Yr. CAGR %	107.4	6.57	-1.29	20.07	17.85
Unlevered Free Cash Flow, 5 Yr. CAGR %	36.01	-2.33	7.42	20.47	19
Dividend Per Share, 5 Yr. CAGR %	17.98	12.92	8.13	6.72	4.84