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Added to YB: 2026-01-13

Pitch date: 2026-01-09

CAST.ST [bullish]

Castellum AB (publ)

-4.16%

current return

Author Info

No Deep Dives write short theses on under-covered stocks from all over the world. Sign up for the newsletter.

Company Info

Castellum is one of the Nordic region’s largest commercial property companies, with a focus on office and logistics properties in Nordic growth cities.

Market Cap

SEK 54.2B

Pitch Price

SEK 109.35

Price Target

N/A

Dividend

2.25%

EV/EBITDA

17.14

P/E

17.84

EV/Sales

11.42

Sector

Real Estate Management and Development

Category

turnaround

Show full summary:
No Deep Dives Q4 2025 Portfolio Review - New Position: Castellum, Inc.

CAST.ST (new position): Swedish real estate co traumatized investors avoiding after rights issue, but new largest owner Akelius installed proven CEO focused on profitability/cost efficiency. CEO sees 'HUGE discount to NAV,' favors buybacks, good portfolio locations. Turnaround early stages, may worsen before improving.

Read full article (2 min)