Castellum AB (CAST) - Net Assets
Based on the latest financial reports, Castellum AB (CAST) has net assets worth Skr77.89 Billion SEK (≈ $8.38 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr158.63 Billion ≈ $17.07 Billion USD) and total liabilities (Skr80.74 Billion ≈ $8.69 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check CAST intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr77.89 Billion |
| % of Total Assets | 49.1% |
| Annual Growth Rate | 12.43% |
| 5-Year Change | -18.52% |
| 10-Year Change | 133.1% |
| Growth Volatility | 24.42 |
Castellum AB - Net Assets Trend (2000–2025)
This chart illustrates how Castellum AB's net assets have evolved over time, based on quarterly financial data. See CAST defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Castellum AB (2000–2025)
The table below shows the annual net assets of Castellum AB from 2000 to 2025. For live valuation and market cap data, see Castellum AB market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr68.15 Billion ≈ $7.33 Billion |
-13.92% |
| 2024-12-31 | Skr79.17 Billion ≈ $8.52 Billion |
+2.59% |
| 2023-12-31 | Skr77.18 Billion ≈ $8.31 Billion |
-2.29% |
| 2022-12-31 | Skr78.98 Billion ≈ $8.50 Billion |
-5.56% |
| 2021-12-31 | Skr83.64 Billion ≈ $9.00 Billion |
+73.37% |
| 2020-12-31 | Skr48.24 Billion ≈ $5.19 Billion |
+10.20% |
| 2019-12-31 | Skr43.78 Billion ≈ $4.71 Billion |
+10.13% |
| 2018-12-31 | Skr39.75 Billion ≈ $4.28 Billion |
+17.82% |
| 2017-12-31 | Skr33.74 Billion ≈ $3.63 Billion |
+15.39% |
| 2016-12-31 | Skr29.24 Billion ≈ $3.15 Billion |
+85.41% |
| 2015-12-31 | Skr15.77 Billion ≈ $1.70 Billion |
+15.52% |
| 2014-12-31 | Skr13.65 Billion ≈ $1.47 Billion |
+3.98% |
| 2013-12-31 | Skr13.13 Billion ≈ $1.41 Billion |
+8.80% |
| 2012-12-31 | Skr12.06 Billion ≈ $1.30 Billion |
+7.69% |
| 2011-12-31 | Skr11.20 Billion ≈ $1.21 Billion |
+1.09% |
| 2010-12-31 | Skr11.08 Billion ≈ $1.19 Billion |
+14.34% |
| 2009-12-31 | Skr9.69 Billion ≈ $1.04 Billion |
-3.55% |
| 2008-12-31 | Skr10.05 Billion ≈ $1.08 Billion |
-10.31% |
| 2007-12-31 | Skr11.20 Billion ≈ $1.21 Billion |
+10.02% |
| 2006-12-31 | Skr10.18 Billion ≈ $1.10 Billion |
+13.91% |
| 2005-12-31 | Skr8.94 Billion ≈ $962.09 Million |
+11.26% |
| 2004-12-31 | Skr8.04 Billion ≈ $864.69 Million |
+71.18% |
| 2003-12-31 | Skr4.69 Billion ≈ $505.15 Million |
+4.87% |
| 2002-12-31 | Skr4.48 Billion ≈ $481.69 Million |
+16.47% |
| 2001-12-31 | Skr3.84 Billion ≈ $413.57 Million |
+5.52% |
| 2000-12-31 | Skr3.64 Billion ≈ $391.94 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Castellum AB's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 833.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr29.31 Billion | 43.01% |
| Common Stock | Skr246.00 Million | 0.36% |
| Other Comprehensive Income | Skr-348.00 Million | -0.51% |
| Other Components | Skr38.94 Billion | 57.14% |
| Total Equity | Skr68.15 Billion | 100.00% |
Castellum AB Competitors by Market Cap
The table below lists competitors of Castellum AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fluor Corporation
NYSE:FLR
|
$6.20 Billion |
|
DB Insurance Co Ltd
KO:005830
|
$6.20 Billion |
|
Railway Signal Communication Ltd
SHG:688009
|
$6.21 Billion |
|
Sealed Air Corporation
NYSE:SEE
|
$6.21 Billion |
|
Sodexo SA
PA:SW
|
$6.19 Billion |
|
Topicus.com Inc
V:TOI
|
$6.19 Billion |
|
Granite Construction Incorporated
NYSE:GVA
|
$6.18 Billion |
|
SBI Cards and Payment Services Limited
NSE:SBICARD
|
$6.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Castellum AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 79,174,000,000 to 68,150,000,000, a change of -11,024,000,000 (-13.9%).
- Net income of 938,000,000 contributed positively to equity growth.
- Dividend payments of 1,265,000,000 reduced retained earnings.
- Share repurchases of 39,000,000 reduced equity.
- Other comprehensive income decreased equity by 268,000,000.
- Other factors decreased equity by 10,390,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr938.00 Million | +1.38% |
| Dividends Paid | Skr1.26 Billion | -1.86% |
| Share Repurchases | Skr39.00 Million | -0.06% |
| Other Comprehensive Income | Skr-268.00 Million | -0.39% |
| Other Changes | Skr-10.39 Billion | -15.25% |
| Total Change | Skr- | -13.92% |
Book Value vs Market Value Analysis
This analysis compares Castellum AB's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.89x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 9.25x to 0.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | Skr13.33 | Skr123.25 | x |
| 2001-12-31 | Skr14.07 | Skr123.25 | x |
| 2002-12-31 | Skr19.87 | Skr123.25 | x |
| 2003-12-31 | Skr20.84 | Skr123.25 | x |
| 2004-12-31 | Skr35.71 | Skr123.25 | x |
| 2005-12-31 | Skr39.73 | Skr123.25 | x |
| 2006-12-31 | Skr45.26 | Skr123.25 | x |
| 2007-12-31 | Skr49.79 | Skr123.25 | x |
| 2008-12-31 | Skr44.66 | Skr123.25 | x |
| 2009-12-31 | Skr43.07 | Skr123.25 | x |
| 2010-12-31 | Skr58.63 | Skr123.25 | x |
| 2011-12-31 | Skr49.79 | Skr123.25 | x |
| 2012-12-31 | Skr53.62 | Skr123.25 | x |
| 2013-12-31 | Skr58.34 | Skr123.25 | x |
| 2014-12-31 | Skr60.66 | Skr123.25 | x |
| 2015-12-31 | Skr70.08 | Skr123.25 | x |
| 2016-12-31 | Skr104.71 | Skr123.25 | x |
| 2017-12-31 | Skr103.74 | Skr123.25 | x |
| 2018-12-31 | Skr122.23 | Skr123.25 | x |
| 2019-12-31 | Skr134.61 | Skr123.25 | x |
| 2020-12-31 | Skr148.11 | Skr123.25 | x |
| 2021-12-31 | Skr246.28 | Skr123.25 | x |
| 2022-12-31 | Skr200.54 | Skr123.25 | x |
| 2023-12-31 | Skr170.98 | Skr123.25 | x |
| 2024-12-31 | Skr160.75 | Skr123.25 | x |
| 2025-12-31 | Skr138.45 | Skr123.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Castellum AB utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.78%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.29x
- Recent ROE (1.38%) is below the historical average (10.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 10.87% | 24.94% | 0.14x | 3.14x | Skr31.80 Million |
| 2001 | 11.09% | 24.85% | 0.13x | 3.31x | Skr41.70 Million |
| 2002 | 19.53% | 51.84% | 0.13x | 2.98x | Skr426.00 Million |
| 2003 | 11.22% | 29.92% | 0.12x | 3.01x | Skr57.10 Million |
| 2004 | 11.40% | 49.35% | 0.09x | 2.43x | Skr112.50 Million |
| 2005 | 14.47% | 67.86% | 0.09x | 2.39x | Skr400.00 Million |
| 2006 | 16.44% | 83.12% | 0.08x | 2.40x | Skr655.60 Million |
| 2007 | 13.27% | 65.83% | 0.08x | 2.49x | Skr366.60 Million |
| 2008 | 6.60% | 39.70% | 0.06x | 2.93x | Skr-341.90 Million |
| 2009 | 1.65% | 5.94% | 0.09x | 3.04x | Skr-809.20 Million |
| 2010 | 17.72% | 71.19% | 0.09x | 2.88x | Skr855.80 Million |
| 2011 | 6.35% | 24.36% | 0.09x | 3.05x | Skr-409.30 Million |
| 2012 | 12.21% | 47.93% | 0.08x | 3.04x | Skr266.50 Million |
| 2013 | 13.00% | 52.54% | 0.09x | 2.90x | Skr394.30 Million |
| 2014 | 8.87% | 36.50% | 0.09x | 2.79x | Skr-153.90 Million |
| 2015 | 18.27% | 87.33% | 0.08x | 2.70x | Skr1.30 Billion |
| 2016 | 17.01% | 109.68% | 0.06x | 2.68x | Skr2.05 Billion |
| 2017 | 17.42% | 113.39% | 0.06x | 2.48x | Skr2.50 Billion |
| 2018 | 18.75% | 133.64% | 0.06x | 2.32x | Skr3.48 Billion |
| 2019 | 12.91% | 97.06% | 0.06x | 2.26x | Skr1.27 Billion |
| 2020 | 11.64% | 93.52% | 0.05x | 2.28x | Skr790.50 Million |
| 2021 | 14.26% | 186.18% | 0.04x | 2.14x | Skr3.53 Billion |
| 2022 | 2.22% | 19.46% | 0.05x | 2.28x | Skr-6.15 Billion |
| 2023 | -15.02% | -118.21% | 0.06x | 2.06x | Skr-19.31 Billion |
| 2024 | 2.98% | 24.22% | 0.06x | 1.99x | Skr-5.56 Billion |
| 2025 | 1.38% | 9.78% | 0.06x | 2.29x | Skr-5.88 Billion |
Industry Comparison
This section compares Castellum AB's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $2,762,262,000
- Average return on equity (ROE) among peers: -1717.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Castellum AB (CAST) | Skr77.89 Billion | 10.87% | 1.04x | $6.19 Billion |
| Arlandastad Group AB (AGROUP) | $4.52 Billion | -3.02% | 0.64x | $265.49 Million |
| Atrium Ljungberg AB (publ) (ATRLJ-B) | $8.50 Billion | -4.74% | 1.37x | $1.75 Billion |
| Doxa AB (DOXA) | $515.00K | -7561.75% | 58.87x | $54.99 Million |
| Prisma Properties (PRISMA) | $776.70 Million | 16.78% | 1.19x | $435.55 Million |
| Titania Holding AB Series B (TITA-B) | $16.60 Million | -1033.34% | 0.04x | $58.40 Million |
About Castellum AB
Castellum AB (publ) is one of the Nordic region's largest commercial property companies, with a focus on office and logistics properties in Nordic growth cities. As of 31 December 2025, the property value, including the holdings in the Norwegian company Entra ASA and Halvorsäng, totaled approximately SEK 137 Bn. The company is listed on Nasdaq Stockholm Large Cap and is classified as green under … Read more