Catena AB (STO:CATE)

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Price: 487 SEK 2.74%

Market Cap: 29.4B SEK

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Section:

Relative Value

The Relative Value of one CATE stock under the Base Case scenario is 693.3 SEK. Compared to the current market price of 487 SEK, Catena AB is Undervalued by 30%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

What is Relative Valuation?

How is Relative Value calculated?

CATE Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

14.5

P/S

vs History	19
vs Industry	7

Median 5Y

Industry

3.7

Forward

13.1

More Details

20.8

P/E

vs History	23
vs Industry	23

Median 5Y

11.1

Industry

16.6

Forward

23.1

More Details

24.1

P/OCF

vs History	17
vs Industry	13

Median 5Y

20.3

Industry

11.2

More Details

54.6

P/FCFE

vs History	6
vs Industry	22

Median 5Y

15.9

Industry

13.3

More Details

1.3

P/B

vs History	66
vs Industry	19

Median 5Y

1.6

Industry

0.9

More Details

21.6

EV/S

vs History	6
vs Industry	7

Median 5Y

Industry

6.7

Forward

19.8

More Details

26.8

EV/GP

vs History	6
vs Industry	12

Median 5Y

21.5

Industry

More Details

27.7

EV/EBITDA

vs History	6
vs Industry	13

Median 5Y

22.4

Industry

Forward

More Details

27.7

EV/EBIT

vs History	6
vs Industry	22

Median 5Y

22.4

Industry

19.2

Forward

23.9

More Details

EV/OCF

vs History	17
vs Industry	15

Median 5Y

28.2

Industry

18.6

More Details

EV/FCFF

vs History	17
vs Industry	19

Median 5Y

28.3

Industry

More Details

EV/IC

vs History	34
vs Industry	20

Median 5Y

Industry

0.7

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
SE		Catena AB STO:CATE	29.2B SEK	14.5	20.8	27.7	27.7
DE		Vonovia SE XETRA:VNA	24.8B EUR	51.4	-8.7	-35.7	-32
PH	S	SM Prime Holdings Inc XPHS:SMPH	793.5B PHP	6	18.6	13.7	16.8
HK	S	Swire Properties Ltd HKEX:1972	93.2B HKD	6.4	42.2	15.1	15.1
SG		Capitaland Investment Ltd SGX:9CI	14.2B SGD	5.1	78.6	23.8	27.9
BM		Hongkong Land Holdings Ltd SGX:H78	10.3B USD	4.8	-9.5	23.8	24.3
DE		Deutsche Wohnen SE XETRA:DWNI	9.4B EUR	7.9	-38.4	16.4	23.7
SE	S	Sagax AB STO:SAGA A	108.3B SEK	22.7	28.6	35.2	35.2
CN		Zhejiang China Commodities City Group Co Ltd SSE:600415	68.7B CNY	4.9	25.5	23	23
IL		Azrieli Group Ltd TASE:AZRG	34.3B ILS	11.3	16.7	17.6	18.1
SE		Fastighets AB Balder STO:BALD B	94.6B SEK	7.5	-19.4	35	35.5

				Revenue Growth
SE		Catena AB STO:CATE	Average P/S: 12.9 14.5	62%
DE		Vonovia SE XETRA:VNA	51.4	N/A
PH	S	SM Prime Holdings Inc XPHS:SMPH	6	31%
HK	S	Swire Properties Ltd HKEX:1972	6.4	17%
SG		Capitaland Investment Ltd SGX:9CI	5.1	9%
BM		Hongkong Land Holdings Ltd SGX:H78	4.8	7%
DE		Deutsche Wohnen SE XETRA:DWNI	7.9	16%
SE	S	Sagax AB STO:SAGA A	22.7	40%
CN		Zhejiang China Commodities City Group Co Ltd SSE:600415	4.9	81%
IL		Azrieli Group Ltd TASE:AZRG	11.3	-6%
SE		Fastighets AB Balder STO:BALD B	7.5	16%

				Earnings Growth
SE		Catena AB STO:CATE	Average P/E: 33 20.8	74%
DE		Vonovia SE XETRA:VNA	Negative Multiple: -8.7	N/A
PH	S	SM Prime Holdings Inc XPHS:SMPH	18.6	35%
HK	S	Swire Properties Ltd HKEX:1972	42.2	226%
SG		Capitaland Investment Ltd SGX:9CI	78.6	375%
BM		Hongkong Land Holdings Ltd SGX:H78	Negative Multiple: -9.5	N/A
DE		Deutsche Wohnen SE XETRA:DWNI	Negative Multiple: -38.4	N/A
SE	S	Sagax AB STO:SAGA A	28.6	N/A
CN		Zhejiang China Commodities City Group Co Ltd SSE:600415	25.5	59%
IL		Azrieli Group Ltd TASE:AZRG	16.7	-36%
SE		Fastighets AB Balder STO:BALD B	Negative Multiple: -19.4	N/A

				EBITDA Growth
SE		Catena AB STO:CATE	Average EV/EBITDA: 23.1 27.7	74%
DE		Vonovia SE XETRA:VNA	Negative Multiple: -35.7	N/A
PH	S	SM Prime Holdings Inc XPHS:SMPH	13.7	32%
HK	S	Swire Properties Ltd HKEX:1972	15.1	27%
SG		Capitaland Investment Ltd SGX:9CI	23.8	74%
BM		Hongkong Land Holdings Ltd SGX:H78	23.8	7%
DE		Deutsche Wohnen SE XETRA:DWNI	16.4	21%
SE	S	Sagax AB STO:SAGA A	35.2	55%
CN		Zhejiang China Commodities City Group Co Ltd SSE:600415	23	202%
IL		Azrieli Group Ltd TASE:AZRG	17.6	39%
SE		Fastighets AB Balder STO:BALD B	35	82%

				EBIT Growth
SE		Catena AB STO:CATE	Average EV/EBIT: 24.7 27.7	76%
DE		Vonovia SE XETRA:VNA	Negative Multiple: -32	N/A
PH	S	SM Prime Holdings Inc XPHS:SMPH	16.8	34%
HK	S	Swire Properties Ltd HKEX:1972	15.1	28%
SG		Capitaland Investment Ltd SGX:9CI	27.9	115%
BM		Hongkong Land Holdings Ltd SGX:H78	24.3	0%
DE		Deutsche Wohnen SE XETRA:DWNI	23.7	313%
SE	S	Sagax AB STO:SAGA A	35.2	72%
CN		Zhejiang China Commodities City Group Co Ltd SSE:600415	23	149%
IL		Azrieli Group Ltd TASE:AZRG	18.1	44%
SE		Fastighets AB Balder STO:BALD B	35.5	99%

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Catena AB
STO:CATE

Relative Value

Valuation Multiples

Multiples Across Competitors

CATE Competitors Multiples
Catena AB Competitors

See Also

Company

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52 Week Range	386.866 583
Price Target

Catena AB STO:CATE

Relative Value

Valuation Multiples

Multiples Across Competitors

CATE Competitors Multiples Catena AB Competitors

See Also

Company

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Catena AB
STO:CATE

CATE Competitors Multiples
Catena AB Competitors