(CATE) Catena - Ratings and Ratios
Logistics Properties, Warehouses, Distribution Centers, Cold Storage
CATE EPS (Earnings per Share)
CATE Revenue
Description: CATE Catena
Catena AB is a Swedish real estate company specializing in logistics properties, operating in Sweden and Denmark. The company offers a range of logistics solutions, including complexity terminals, logistics warehouses, distribution centers, and cold storage facilities. With a history dating back to 1967, Catena AB has established itself as a significant player in the logistics real estate sector.
From a business perspective, Catena ABs focus on logistics properties positions it to benefit from the growing demand for e-commerce and logistics services. Key Performance Indicators (KPIs) to monitor the companys performance include occupancy rates, rental income growth, and the development pipeline. A high occupancy rate and increasing rental income would indicate a strong demand for its properties, while a robust development pipeline would suggest future growth opportunities.
In terms of financial health, metrics such as Funds From Operations (FFO) per share, Debt-to-Equity ratio, and Interest Coverage ratio are crucial. A stable or growing FFO per share would indicate the companys ability to generate cash from its operations, while a manageable Debt-to-Equity ratio and a healthy Interest Coverage ratio would suggest a sustainable capital structure. Given Catena ABs Market Cap of 28.6 billion SEK and a P/E ratio of 19.62, investors are pricing in moderate growth expectations.
To further evaluate Catena ABs investment potential, its essential to analyze its dividend yield, payout ratio, and the companys commitment to returning capital to shareholders. A stable or increasing dividend yield with a sustainable payout ratio would make the stock more attractive to income-seeking investors. Additionally, comparing Catena ABs valuation multiples to its peers within the Real Estate Operating Companies sub-industry can provide insights into its relative attractiveness.
CATE Stock Overview
| Market Cap in USD | 2,759m |
| Sub-Industry | Real Estate Operating Companies |
| IPO / Inception |
CATE Stock Ratings
| Growth Rating | -3.09% |
| Fundamental | 58.3% |
| Dividend Rating | 54.2% |
| Return 12m vs S&P 500 | -33.7% |
| Analyst Rating | - |
CATE Dividends
| Dividend Yield 12m | 1.97% |
| Yield on Cost 5y | 2.45% |
| Annual Growth 5y | 5.51% |
| Payout Consistency | 83.6% |
| Payout Ratio | 45.4% |
CATE Growth Ratios
| Growth Correlation 3m | -89.5% |
| Growth Correlation 12m | -61.8% |
| Growth Correlation 5y | 37.4% |
| CAGR 5y | 8.70% |
| CAGR/Max DD 3y | 0.26 |
| CAGR/Mean DD 3y | 0.70 |
| Sharpe Ratio 12m | -1.62 |
| Alpha | -41.93 |
| Beta | 0.953 |
| Volatility | 25.10% |
| Current Volume | 41k |
| Average Volume 20d | 66.7k |
| Stop Loss | 413.6 (-3%) |
| Signal | -0.08 |
Piotroski VR‑10 (Strict, 0-10) 2.0
| Net Income (1.39b TTM) > 0 and > 6% of Revenue (6% = 147.7m TTM) |
| FCFTA 0.03 (>2.0%) and ΔFCFTA -0.48pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -53.43% (prev -125.3%; Δ 71.86pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.03 (>3.0%) and CFO 1.29b <= Net Income 1.39b (YES >=105%, WARN >=100%) |
| Net Debt (16.62b) to EBITDA (434.0m) ratio: 38.29 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.42 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (60.4m) change vs 12m ago 10.02% (target <= -2.0% for YES) |
| Gross Margin 83.18% (prev 80.07%; Δ 3.11pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 5.91% (prev 5.02%; Δ 0.89pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 0.72 (EBITDA TTM 434.0m / Interest Expense TTM 552.0m) >= 6 (WARN >= 3) |
Altman Z'' 1.16
| (A) -0.03 = (Total Current Assets 938.0m - Total Current Liabilities 2.25b) / Total Assets 44.64b |
| (B) 0.23 = Retained Earnings (Balance) 10.43b / Total Assets 44.64b |
| (C) 0.01 = EBIT TTM 399.0m / Avg Total Assets 41.61b |
| (D) 0.50 = Book Value of Equity 10.77b / Total Liabilities 21.55b |
| Total Rating: 1.16 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 58.28
| 1. Piotroski 2.0pt = -3.0 |
| 2. FCF Yield 3.07% = 1.53 |
| 3. FCF Margin 52.46% = 7.50 |
| 4. Debt/Equity 0.72 = 2.25 |
| 5. Debt/Ebitda 38.55 = -2.50 |
| 6. ROIC - WACC -5.23% = -6.54 |
| 7. RoE 6.02% = 0.50 |
| 8. Rev. Trend 97.92% = 4.90 |
| 9. Rev. CAGR 20.01% = 2.50 |
| 10. EPS Trend 45.60% = 1.14 |
| 11. EPS CAGR 0.0% = 0.0 |
What is the price of CATE shares?
Over the past week, the price has changed by +0.52%, over one month by -4.91%, over three months by -6.29% and over the past year by -21.59%.
Is Catena a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CATE is around 378.09 SEK . This means that CATE is currently overvalued and has a potential downside of -11.33%.
Is CATE a buy, sell or hold?
What are the forecasts/targets for the CATE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 510 | 19.6% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 412.7 | -3.2% |
CATE Fundamental Data Overview
Market Cap SEK = 25.74b (25.74b SEK * 1.0 SEK.SEK)
CCE Cash And Equivalents = 387.0m SEK (last quarter)
P/E Trailing = 18.0831
P/E Forward = 20.0401
P/S = 10.6003
P/B = 1.1144
Beta = 1.128
Revenue TTM = 2.46b SEK
EBIT TTM = 399.0m SEK
EBITDA TTM = 434.0m SEK
Long Term Debt = 15.56b SEK (from longTermDebt, last quarter)
Short Term Debt = 1.17b SEK (from shortTermDebt, last quarter)
Debt = 16.73b SEK (Calculated: Short Term 1.17b + Long Term 15.56b)
Net Debt = 16.62b SEK (from netDebt column, last quarter)
Enterprise Value = 42.08b SEK (25.74b + Debt 16.73b - CCE 387.0m)
Interest Coverage Ratio = 0.72 (Ebit TTM 399.0m / Interest Expense TTM 552.0m)
FCF Yield = 3.07% (FCF TTM 1.29b / Enterprise Value 42.08b)
FCF Margin = 52.46% (FCF TTM 1.29b / Revenue TTM 2.46b)
Net Margin = 56.32% (Net Income TTM 1.39b / Revenue TTM 2.46b)
Gross Margin = 83.18% ((Revenue TTM 2.46b - Cost of Revenue TTM 414.0m) / Revenue TTM)
Tobins Q-Ratio = 3.91 (Enterprise Value 42.08b / Book Value Of Equity 10.77b)
Interest Expense / Debt = 0.82% (Interest Expense 137.0m / Debt 16.73b)
Taxrate = 19.64% (264.0m / 1.34b)
NOPAT = 320.6m (EBIT 399.0m * (1 - 19.64%))
Current Ratio = 0.42 (Total Current Assets 938.0m / Total Current Liabilities 2.25b)
Debt / Equity = 0.72 (Debt 16.73b / last Quarter total Stockholder Equity 23.09b)
Debt / EBITDA = 38.55 (Net Debt 16.62b / EBITDA 434.0m)
Debt / FCF = 12.96 (Debt 16.73b / FCF TTM 1.29b)
Total Stockholder Equity = 23.03b (last 4 quarters mean)
RoA = 3.10% (Net Income 1.39b, Total Assets 44.64b )
RoE = 6.02% (Net Income TTM 1.39b / Total Stockholder Equity 23.03b)
RoCE = 1.03% (Ebit 399.0m / (Equity 23.03b + L.T.Debt 15.56b))
RoIC = 0.81% (NOPAT 320.6m / Invested Capital 39.80b)
WACC = 6.04% (E(25.74b)/V(42.47b) * Re(9.53%)) + (D(16.73b)/V(42.47b) * Rd(0.82%) * (1-Tc(0.20)))
Shares Correlation 3-Years: 89.67 | Cagr: 2.65%
Discount Rate = 9.53% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 73.96% ; FCFE base≈1.30b ; Y1≈1.37b ; Y5≈1.62b
Fair Price DCF = 363.1 (DCF Value 21.91b / Shares Outstanding 60.4m; 5y FCF grow 6.17% → 3.0% )
Revenue Correlation: 97.92 | Revenue CAGR: 20.01%
Rev Growth-of-Growth: 7.04
EPS Correlation: 45.60 | EPS CAGR: 0.0%
EPS Growth-of-Growth: -50.12